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A couple observations...Q1, S-1......
Q1: First quarter revenue ($462K) and gross margin (68%) were down from the fourth quarter. I would have preferred to see those numbers a little bit higher, but it doesn't overly concern me at the moment. I'm hoping to see some additional growth/acceleration more toward the Q3/Q4 timeframe. I'm not entirely sure if the products were just recently launched/introduced or if the company is just bringing more attention to them (I'm thinking the former) but, YBGJ-related social media accounts in China the last week or two seemed to be focused on two light-application products (skin/hair treatments).
S-1: It is kind of interesting to note how the intense selling pressure that was being exerted on the stock seemed to significantly decrease as soon as the S-1 was filed on May 6. There appears to be much less interest now in selling under that 50-cent price area. It will probably take at least a couple/few months for the S-1 to be declared effective. It will be interesting to see if YBGJ is arranging for institutional involvement in the proposed $2.5 financing and potential insider sales. I think is reasonable to assume will see increased volume in the stock and perhaps increased corporate activity later this year with the financing once the S-1 becomes effective.
Reply to private message...risk/reward,valuation, etc.......
CXKJ(.456)...final RM structure, looks excellent.....
VOHO(.05)...accumulated a position.....
I accumulated a VOHO position this week in the 3-5 cent range. Definitely high risk, but probably worth taking a chance here given how many of the dark mining stocks have had some pretty nice runs recently. An OTC update, filings, or completion of the Ecuador gold concession acquisition would probably lead to extremely nice upside.
The January 2021 investor presentation for Volcan Mining Limited (a wholly-owned subsidiary of VOHO) provides some information about VOHO's recent business activity/plan. Assuming this plan has been or is still being implemented, VOHO has a new CEO (Robert J Washer) and VOHO's subsidiary will hold the gold concession that VOHO is acquiring and the subsidiary is expected to be listed on the Australian stock exchange (ASX).
Slide 2 of the January 2021 presentation.......
CXKJ(.20)...accumulated a position......
I accumulated a position in the CXKJ shell over the last week around this 20-cent price area. The 2021 Q2 filing should happen sometime in the next couple of weeks or so. I'm expecting this filing should provide some confirmation/update (positive or negative) on the items that were mentioned in the last 8-K: the change in control and possible reverse merger with Kunpeng (China) Industrial Development Company.
I do have some concerns about the status of the reverse merger, but the potential risk/reward here is just too enticing and I wanted to have a good position built. Depending on what the final structure of this RM would look like, I think the potential for some pretty nice upside exists for this stock. This RM target looks extremely interesting to me.
Kunpeng is involved in e-commerce platforms and has just recently started opening small physical stores/kiosks/pavilions. I probably spent the better part of a day last week just reviewing material about Kunpeng. Over the years I have looked at numerous China/Asia companies that were looking to go public through reverse mergers on the OTC. But I don't think I have ever seen a company that documents its activities and existence as extensively as this company. Numerous meetings and corporate developments are covered by text/photos/video.
http://kp-china.com/
https://www.ixigua.com/home/3447664996528823/?wid_try=1
https://dstoutiao.com/html/dsws/2021/0403/97849.html
Q4 advances, subsidiary, social media.......
1) The 2021 Q1 filing should arrive in roughly 2-3 weeks. Ahead of that filing it might be worth noting that YBGJ received more than $750k in advances from prospective customers/distributors during December 2020 (as per the January 14 8-K). I am not sure if this is related to the franchises or other entities but it bodes well for continued revenue/business......
Reverse mergers, splits, fundamentals, psychology......
Name change, reverse split timing......
ECMT(.119)...purchased a position......
Correction to last post......
edesheim...current thoughts on YBGJ......
ASRE($1.90)...website is updating.......
The corporate website for dark ASRE has started to get some updates (either late last week or over the weekend). A section for management and the recently-added advisory board members has been added, with photos and more extensive biographical information.
I still own shares from prior to the change in control and subsequent 1:50 reverse split. Added a 1.7+K block at .85 about a month ago. Currently own 3.75K shares under a $1.05 average.
Pretty high risk investment, but the unrestricted share count is currently less than 72K shares. So the potential for some interesting spikes in the price should exist. Some interesting people now connected to this stock/company......
https://www.astraenergyinc.com/the-team
legacy shares...most likely source of selling pressure......
daman45...ZNNC, no Lazar connection.....
edesheim...Cheung Ho Shun's $750K investment......
2020 Q4 revenue.....
VBVT(.508)...change in business direction.....
Authorized share increase......
YBGJ(.575)...increased my position.....
I still hold all of the shares I have purchased. I accumulated an additional 9,250 shares today in the .55-.80 range. Currently hold 22,750 shares at an average under .54 per share.
In hindsight I should have sold at least half of my position when YBGJ made its move into the $3-4 range. When the reverse merger occurred, I was initially expecting to see a fair amount of churning when the stock first made its move over the $1 level. I really like the potential of this reverse merger so I was planning to hold through all of that churning and then maybe try to sell some shares if/when the stock had a nice breakout after that consolidation. But that expected churning never really occurred and the stock seemed to move to the $3 level relatively easily/quickly.
At that point I decided to just hold my shares, figuring the consolidation I had initially anticipated might instead occur at a higher price ($2-3 range). But the bottom kind of fell out and the overall market downturn did not help anything.
So here we are again, back at the sub-dollar level. Let me preface my positive comment in the paragraph below by stating there is always the possibility this pullback in the stock might be the harbinger of an upcoming bad financing deal. I am anticipating that YBGJ will probably be arranging a sizable financing package at some point. That has the potential to be either negative or positive for the stock.
At this moment in time, and at this stock price/valuation, I am definitely bullish on YBGJ and optimistic about the prospects/chances of seeing prices above $3 again. I have increased my position in anticipation of possible catalysts coming (filings, financings, increased corporate activity, etc.). The company changed the end of its fiscal year to December, so between now and the end of May (give or take a couple of weeks) we should be getting the 2020 10-K and 2021 Q1 filings.
Corporate activity should start to ramp up this year. According to the YBGJ leadership/management conference that was held at the end of February, additional people were officially appointed to positions in the company. New products are expected to be launched soon.......
https://mp.weixin.qq.com/s/LRwy06DJNoaq2zFR2Chutw
I am aware that at least one of the Viv Cell franchise stores is officially open and operating in a shopping mall. I am pretty sure this store opened just very recently (maybe within the last month). All of the reviews and most of the photos of the store in the links below did not exist when I first ran across this last week......
http://www.dianping.com/shop/H1fLOvGXKGQbXmkV
http://www.dianping.com/shop/H1fLOvGXKGQbXmkV/photos
According to the most recent media report I have noticed (dated March 17), construction of Yubo's $17M new headquarters and R&D center was expected to begin around February/March......
PHBR...increased my position......
ANAS(.10)...legacy share valuation, Lazar's control shares.....
QMDT(.029)...$256K SBIR Phase I grant......
Back around mid-February, dark QMDT moved over the ten-cent level when news started spreading about a $100K grant the company had received for work on antimicrobial coatings to be applied on hard surfaces. I trimmed off enough shares on the February move to basically make my remaining position free.
Now on March 19, QMDT was awarded a $256K grant for work on regenerable antimicrobial paints. The project starts April 1 and is expected to be completed at the end of September.
The CEO also did another interview with The Wall Street Transcript (posted on the site on March 18). He usually does these interviews about once or twice a year. I did not purchase this one, so I don't know if it contained any interesting/helpful bits of information.
I've bought a few more shares in case QMDT experiences another strong move. Below is the abstract for this particular project/grant. I've placed in bold some wording that caught my eye......
splintered sunlight...regarding ZNNC......
EAIN...increased position......
AMSA(.055)...accumulated a position......
58.5M outstanding
3.5M unrestricted
Picked up a position in AMSA this month in the .04-.055 range. I wanted to get some shares ahead of a possible reverse merger here. It doesn't look like a lot of investors have this shell on their radars.
From the Q3 filed in November 2020......
ZNNC...current website, recent changes.....
EAIN($3.75)...increased my position yesterday......
Added another 1.5K shares to my position yesterday, mostly in the $3.35-3.50 range. The reason for increasing my shares is pretty much explained in the post below. Definitely high-risk, but given how few investors are aware of the change-in-control, the potential for some upcoming catalysts, and the extremely low amount of shares available for trading, I figure it is worth taking a chance at these price levels......
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162277310
Also, while doing some internet searches in the last few days I noticed this March 4, 2021 article in China regarding the company that has purchased control of the EAIN shell. This is a translated version of the article. I've placed in bold the description of Plural Industry Holding Group.......
splintered sunlight...regarding PHBR.....
EAIN($2.90)...change in control February 5.......
Picked up a few more shares of the EAIN shell today. Still holding all of the shares I accumulated previously (currently averaged in under $1.22 per share). The Q3 report filed over the weekend disclosed that David Lazar sold controlling interest in this shell......
Lucosky Brookman, LLP...new corporate securities counsel.....
Should be getting closer now to some additional updates to OTC Markets and perhaps filings. Based on the recent update to the GSAC corporate website, it looks like GSAC has hired Lucosky Brookman, LLP as the securities counsel. It appears Lawrence Metelitsa will be handling the GelStat account......
https://www.lucbro.com/lawrence-metelitsa
https://gelstat.com/investors/company-information/ir-contacts
QGSI(.25)...a few observations......
Uboat...regarding ZNNC......
ZNNC(.011)...additional changes to website.....
RIGG...accumulated a position......
Over the last couple/few months I accumulated about 1.9K shares of the RIGG shell at an average around $1.02 per share. Probably could have bought an additional 1K shares in the $1-2 range if I had been more aggressive/alert in my buying.
I don't know what the current status of this shell is. It looks like the shell was relatively clean at the time David Lazar was making OTC Markets filings. The only thing a bit interesting/unusual I noticed while reading through the filings was that Lazar was suppose to inject $120+K into the shell in exchange for a control block of 137,400 shares. It appears that did not occur, which is why the outstanding share count is still at 113K.
All things considered, if that verified share count on the OTC Markets profile page is indeed accurate, I figured that RIGG was a good speculative "no-brainer" around that $1 dollar area. That unrestricted share count of 38K could lead to some pretty interesting price movements in this shell.
PHBR(.1099)....increased my position.....
February 2021 corporate presentation.....
That new corporate presentation QGSI put up on its website is pretty interesting......
https://docsend.com/view/3trzhvt
A few items of interest from that presentation.....
1) QGSI's technology can be integrated directly into charting platforms.
2) There are an additional 37+ financial exchanges and 300+ crypto exchanges in the pipeline.
3) The commercialization timeline on page 17 mentions B3 Exchange certification in early 2021. That is the Brazil stock exchange. The company expects to double the number of certified brokers (from 10 to 20) by the end of this year.
4) Page 16 has the growth/revenue projections. It looks like they are expecting measurable revenues to begin around Q3 2021 and then begin a significant acceleration ramp starting around Q1 2022. If QGSI can come anywhere close to the kind of growth/revenue they are expecting in this presentation, this stock should perform well and will likely make a move to the NASDAQ at some point.
Quantum Works...Juan Arturo Silva-Ordaz......
Here's our office pic.twitter.com/2RRRRMyihQ
— Quantum Works (@QuantumWorksMX) June 22, 2017
Alt 5 Sigma...social media post......
Yesterday afternoon Alt 5 Sigma made what I think is a somewhat interesting post on its social media accounts......
If you are currently trading cryptocurrencies, then we have something very exciting for you!
— ALT 5 Sigma (Nasdaq: ALTS) (@alt_sigma) January 22, 2021
Sign up to our watch list and get notified when we launch an application that will change they way you trade!https://t.co/b2gFj3gMSZ#Bitcoin #Ethereum #Litecoin #ChainLink #crypto pic.twitter.com/Be9q4HF4qp
January 14 8-K...a couple of observations.....
The OTC Markets profile page needs to get fully updated, and a more investor friendly/updated corporate website needs to be deployed. But assuming the company executes on its plans, and becomes active in the investor relations side of being a public company, there should be a number of opportunities for very nice IR-activity through much of this year.
The stock has managed to get to the $3 price area with minimal buying interest and minimal IR assistance. Should be somewhat interesting to see what might happen if the news flow begins/intensifies as the operational activity increases.
A couple of observations from the January 14 8-K......
1) Based on the information in that filing, it looks like the earliest the company began generating its first revenues was in April 2020. Gross margin was over 91%, which is quite interesting because included in that revenue was 300 of its nebulizers (medical devices to deliver the inhalant). I have no idea if that margin percentage is just an aberration or if it is indicative of what YBGJ might generate going forward on its product-related revenue. Margin percentages anywhere close to that would be excellent.
2) Kind of interesting to note that on September 11, 2020, shortly before Lina Liu purchased control of the MAGAA shell, an individual investor (Cheung Ho Shun) made a pretty large investment in Platinum International Biotech (he purchased 1.5% of the company). Post reverse merger, his $750K investment equals 1,755,000 shares of YBGJ with a cost basis a little under 43 cents per share.
Headquarters ceremony video news coverage.....