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8K filed - Share buyback... HMMM
https://www.sec.gov/Archives/edgar/data/1123312/000121390023086725/ea188187-8k_yashenggroup.htm
Here is the announcement from the Khyber Pakhtunkhwa Government official page.
https://kp.gov.pk/page/thedepartmentofsciencetechnologyandinformationtechnologyhassignedamouwithamericancompanytingotoacceleratedigitaltransformationinkhyberpakhtunkhwa/page_type/news
And official Facebook announcement
Thanks for the update! Thanks again to you and the rest of the team for continuing to push this forward!
I wrote to the company a few days ago, here is the reply I received FWIW
I'm sorry to reply late, because we have visited many our agriculture
bases in China in one month and made great progress in all aspects, we
were coming back to the United States soon recently. We will tell our
holders about what we have achieved.
Sincerely
Huirong Zhang
Vice President
Yasheng Group
Thanks for providing this update, and for all that the team is doing to move this forward.
I look forward to seeing this move into reality in the months ahead.
That's unrelated to US Yasheng or sister company.
Here is Google translate
Thanks for keeping everyone updated, things are moving forward nicely.
I understand your frustration. But most of us here have already been waiting years. I have been clear with anyone who asks that while it has looked like the company was getting close to delivery, patience is required. I still believe it will be worth the wait. But everyone needs to make their own decision based on their patience level and timeline.
That's a funny statement coming from one who refuses to provide any verifiable links or proof.
I have already spent more time than I care to arguing about something I already agreed is problematic.
Like I said... the contract is problematic. Call it whatever you want. I don't like it either. But I don't see it a "straight up lie", since they are in fact supplying fluids to Maverick on an ongoing basis.
Those are all failures to deliver.
My point was, and always has been, that the company's activity and engagement exists. Saying that an event has been proven false implies that proof has been supplied showing that the event did not exist. Several of those on your list are easily proven to be real activity, despite their ultimate end in failure.
Sure... but they have been and still are providing fluids to Maverick. I agree that whole 1m gallon contract is problematic. But I wouldn't call the agreement entirely false. There are plenty of other things you could say about it that I would not argue with. But they clearly have an ongoing agreement in place with Maverick. And honestly for me, I have no interest in defending anything from Gary. So you can have that one, call it whatever you want.
I get it... you don't like me. Fine.
And yes... so far, PCT has failed on many fronts. No argument from me there.
But that does not mean that everything they have attempted to do is/was a lie. I know that's a convenient narrative. But the facts support that they have been engaged, they just haven't been able to deliver. I am not going to defend the company, but I will defend the facts.
This statement I will take issue with-
I know you have an axe to grind with me... so be it. All I have ever done is provide facts and my own opinion. Sorry that is so offensive.
As for paid or naive? Well, I am certainly not paid. I have no contact with the company, nor do I wish to. So I guess that makes me naive then.
I am just a small time investor who tries to keep the conversation centered around the facts. I have said many times before, if you want to challenge anything I have ever shared with facts to counter or discredit, I welcome the discussion. So far you have not done so. Just personal attacks and name calling. I refuse to participate in such behavior but welcome honest discussion. I actually am much more neutral about PCT for quite a while now, you would have to go back quite a ways to find anything full of positivity from me here. But that doesn't keep me from pointing out positive developments when I see them, or challenging falsehoods with facts.
Today's hire is a positive development IMO, all I really did was look up his LinkedIn, its not that hard. Looks like a very qualified addition to the PCT team.
Not sure what you are inferring here
Solid. Very experienced.
Technical Sales Rep for 6 years at https://hmcusa.com/our-history/
Contributor on this - https://onepetro.org/SPEATCE/proceedings-abstract/22ATCE/3-22ATCE/D031S054R002/509030
Great progress, thanks for updating.
Agreed, I managed to pick some up pre-market right after the report came out this morning. Had some gains to move over from another position that ran nicely for me in recent days.
With earnings coming tomorrow this will be a very interesting few days here. They could really blast the shorts by announcing a dividend, since they already suggested that is potentially in the works.
Thanks for the update, much appreciated!
Back to PINK Current. I am just seeing a an update to the OTCM Market profile, no other changes.
Huirong Zhang/ Gansu Yasheng Salt Chemical (State owned parent company) added to other insiders.
https://www.otcmarkets.com/stock/herb/profile
Yeah that must be it. At least it's an easy fix.
They shouldn't, results are audited. Not sure why they slipped to Limited?
Very interesting
Here is the Tingochat user manual
https://ta.tingochat-pryvate.com/secure11/public/TingoApp-Manual.pdf
Personally, I am not sure what to make of it. Seems that they are still trying to figure out their options and what to do. But it's good they are still working towards a resolution. But a timely one? Who knows.
2nd Quarter report filed
https://www.otcmarkets.com/otcapi/company/financial-report/377749/content
EPS .0124 for the quarter, and increase from 2022 2nd quarter of .0102
Also this appears in subsequent events-
Looks like this is the series A preferred shares conversion
TMNA acquired 26M shares of TIO at $1.26 on July 27 via conversion
https://www.sec.gov/Archives/edgar/data/854800/000171254323000048/xslF345X05/ownership.xml
Thanks for another great update! Glad to hear that the dividend is still on track.
I expect they will get back to PINK Current. I agree that PINK Limited is unacceptable, but am glad they avoided the Expert Market.
PINK No information tier no longer exists.
The concern of moving to the Expert Market seems to be mitigated for the time being.
I see RD already answered with pretty good detail. This has always been a waiting game here. We of course had hoped for resolution by now, and would have if FINRA wasn't so difficult to work with. I sure hope it doesn't drag on for another year, but if it does, I still think it will be worth the wait. Most of us have already been here for several years anyway. Personally I need something to happen soon, so I am hoping they get something done here.
This is not new information. It has been well known and much discussed around here, that PCT needs to hire sales staff.
As for the SC acquisition, no where does it say that the acquired company would be bringing "additional salespeople". It says PCT would provide salespeople.
PCT is hiring Commissioned based Sales Rep
https://www.talent.com/view?id=97687d34b715&utm_campaign=google_jobs_apply&utm_source=google_jobs_apply&utm_medium=organic
Posted 6 days ago
Patience is the nice way to look at it. It also could be called stubbornness. I refuse to give up on something that I believe in, even though all hope might appear to be lost. Unfortunately this has not served me well in a few other cases, one of which I know you are well aware of. In this case though there are enough positive signs that I am comfortable holding steady and waiting it out.
I have been told they are working on a new plan. Who knows what that is or when we will see any signs of it. I am still confident that we will see value here eventually.
Careful.... dissenting opinions from the chosen narratives are not treated kindly. Daring to speak even a tiny bit of optimism about PCTL is considered criminally offensive and could result in being reported to the authorities to be shipped off to the gulag.
False. I have always been completely honest here. Unlike some, I place high value on respect and integrity. I will leave it at that.
I always do my best to provide facts and content that can be supported with links. I have offered many times to provide archived links on any topic if anyone wants to review the past. As for Nigeria, what I said at the time was that "I have verified it is a legitimate company with proper credentials". And I stand by that statement as being factual. Of course it is easy now to look back with the benefit of hindsight knowing that the deal fell through. But there are many good reasons for why a deal falls through, especially with international business.