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I see it as misleading. Then again I have been doing this for a while. Guess youre not riding free shares yet. Dont worry bud you'll get there and not have to pump so much.
The spirit of the title is correct. However since he no longer is in control it is misleading to the new people on the Lazar board. Apples-Oranges dude. Youre acting like there is all good stuff about to happen this late in the process when you're only speculating. Theres a lot of new people here this year, naïve people, is it not in our best interest to help them along and protect them just a little until they can figure things out for themselves?
If youre not riding free prior to sale of a custodian ticker you might be in trouble. Most of the buyers of Lazar tickers go very quiet after Lazar transfers ownership to them. The PPS then slowly bleeds down and interest fades.
The key to custodianships is to trade the filings up until custodian termination. By then all your shares in said custodian should be free shares. If people that are unaware think that this is still early in the custodianship process they will most likely be bag holders.
XMET shareholders are very fortunate that the 8K came out before termination of custodianship. It gives you time to do DD on the new owner and decide if you want to pull some of your investment.
Hopefully for all current XMET holders those shares are cancelled and there is no RS. This is the most volatile point in the custodianship process.
Look out for the future Lazar shareholders, we were all there once.
Nah, I think I will make that point now.
He is no longer in control of XMET. Thought you read the 8K.
Good point creede. There are however many former Lazar tickers that are never mentioned here. I do think that if allowed to post all of Lazars former tickers here it would drown out the current ones. Although Lazar has slowed down some at the end of this year, there were times when he would have 7+ new tickers come out in one day.
I also think that most of the former Lazar tickers have been given a bad name because of RS and no info from the new incoming companies. It doesnt read well even though all of them were profitable under Lazar. I think it would be beneficial if there were some sort of separation between current and former Lazar tickers.
Not to be that guy, but if XMET has been sold then it shouldnt be posted on the Lazar board anymore. Could always start a Tian Wei board.
Happy Festivus everyone.
Someones dumping today.
I too am all for personal/public liberties and less gubment intrusion.
However if he wont stop fraudulent behavior on his own then something must be done so he cant legally defraud people.
I agree with Greek, more money in the tickers that are somewhat legit. Let the fraudster OTC CEO's find another way to make money.
I see your point ,but you could look at it from the other side.
A real estate developer promising the neighborhood is going to turn around if enough people buy the homes he's selling in the run down community, while simultaneously pocketing the profits from sales and not reinvesting into the community he said he would help to make better.
Yeah your're right, everyone knows OTC PR's really mean something. you should just sell your shares and move on.
Thanks for the input, if someone wants to adjust my prior post feel free guys.
I bought those .016's.
Did some digging on Arshad Shah. Thought maybe he was a serious UBS type of finance guy. Turns out he is a long time OTC pinky scammer. Wonder if just maybe he was somehow talked out of his shares. Hopefully so.
What we know about LICH-
Former Lazar EORZ ticker bought by Jian Zhang for $210,000 USD
Shares and who owns them
From recent 2020 filings-
A/S-450 million
O/S-185 million
Float-108 million
Preferred shares-
Zitian Dai- 90,000 (CEO/5% owner)
Fengyu An- 96,919 (Director)
Yanan GUO- 410,000 (Director)
Hui Duan- 400,000 ( +5% owner)
Common shares-
Arshad Shah/UBS investments owns 83 million of the common shares. It is possible there are only
25 million shares in the float.
104 Non U.S. Residents own over 1.3 million shares
Some of the 104 share holders have same last names as the directors
listed above. Possible relatives.
Securities Counsel for LICH-
John Lowy- Specializes in mergers and uplistings to the big boards.
What we know about LICH owner Jian Zhang
CEO and Chairman of Distoken Aquisition
CEO of BLOCKCHAIN company Tonzheng Huilian Technology
CEO and managing partner of Yunnan Xiaosen Venture Capital
- I believe this is the same as Xiaosen Sponsor from the filings.
Xiaosen Sponsor will also be heavily invested in Distoken and rent
office space to Distoken for 10k a month
CEO of Hangzhou Hechuang Investment Management
What we know about Distoken
Upcoming IPO to NASDAQ around Feb. 2021 under the ticker DISTU
Plan on releasing their own Token- https://twitter.com/DistokenApp?s=09
We dont know much about LICH, but we know plenty about the man who bought it.
I read the LICH forums and see the PPS going sideways with some dips here and there. Some of us from the EORZ days say its too expensive at current PPS of .015-.019 . I think we are spoiled because we bought EORZ so cheap. I hope and believe that we look back and see that .019 was a godsend of a price to us. It use to bug me that sellers would sell as soon as someone bought shares and pushed the price up, now im buying just to spite those people that sell.
Feel free to add to this post with any new information or to correct something posted .Copy and paste it in your own message with any edits and when we get it true and accurate maybe someone can sticky it for any potential new people to the board interested in LICH.
It says they cancelled 50 million convertible preferred.
In the filing it has Shah at 45 million (24%) and Shah/USB investments at 38 million(21%) . Total of 83 million or (45%)
45% of the total float is 82,691,928 , just shy of 83 million.
If they are not part of the float where could they be?
Currently creating a post with everything we know, trying to be accurate.
Question for you guys.
If the Q states there are only 108,735,816 in the public float but Shah/USB investments owns 83,000,000 does that mean the float is only 25.7 million? The 45% ownership math almost works.
Good point. Lets not forget that Lowy was involved on LICH behalf not Distoken.
I only say that because i forgot about Lowy.
Jian can also play hardball when it comes to getting rid of that large block of shares. Take what im offering you or i can RS and your shares become almost worthless.
Three things-
First I think the ibox should be updated. It reads of no excitement and doesnt show whats really happening here.
Second i was concerned about a RS once the company lets us know whats going on. Then i think about the people who were given shares in the last amended filing. I cant see the boss giving away shares ( most around 2k-4k each) then RS-ing those shares to nothing. Those chinese people did something to warrant receiving them, some may even be related to Jian.
Third thing- lets remember to see if there are any give away shares in Distoken when their filings come out.
Thoughts??
Thats a fact, I tried to slow it down myself at .026. Failed miserably.
Hard to say thunder. I think until we find out what is happening here we cant really assign a value.I am more concerned with flippers to be honest, but there may be hope. If we knew what was coming in here we could do market capitalization math and ballpark it pretty easily.
In the EORZ days there were a ton of buys at .05 leading up to the .08+ run. Then a bunch of sells from that top down to .03-ish. I think if the PPS rises organically with no news from management then some flippers will exit early .03-.04 just to get their initial money back. If however we hear good news then the mad sell off of longtime share holders will be from .05-.08, which for most of us is 200%-500% . I put the ceiling at .08 due to the fact that it didnt break into 9's on the previous big run so people might think its some sort of resistance zone even though it was a quick one day run.
.03-.05 flippers exit with some new buying by people who have been watching but didnt want their money tied up for 18 months
.05-.08 almost everyone with long term shares will sell some here, cant be mad about that as most of us here are averaged in between .014-.019
However, if news comes that is simply amazing I can see this getting to .12 with no problem. I am really hoping for something around .30-.40 but being realistic I would be satisfied with a run to .10 with really strong base support @.04/.07, some consolidation then higher on we go, repeat and repeat again as we make new highs. In my opinion a nice long 6-7 week run would be more beneficial for all of us than than a quick 1 or 2 day flash in the pan.
All JMHO
I think the key to a sustaining run would be new shareholders in at every level. Everyone here is great but I think LICH has worn on our patience an some are ready to just be green.
Picked up 60k+ more today.
Yo Glenn, hope all is well. I do believe in the prospectus they stated that 90 days from this date the common shares of Distoken would be free trading. 90 days from that date is Feb 1st.
The more I read the better I feel about this.
Distoken stated:
1- they have no interest in acquiring a company that has not established commercial operations or has a negative cash flow.
----------Means LICH better be moving forward and profitable before they touch it.
2-Officers/directors WILL have conflict of interest with particular business combination.
Also-
Guy A is renting office space to Distoken for 10K a month through his company.
Guy A will buy $2.5 million worth of Distoken units with an option to buy an additional $180,000 worth at a later date also through his company.
Guy A will also own 1.1 million class B shares in Distoken through his company.
Who is Guy A?
Guy A is none other than Jian Zhang. The guy who paid Lazar 200k for EORZ/LICH. The same guy who owns Distoken. Distoken calls him their "sponsor". He will be all our sponsors if he gets this moving in the right direction.
image of filing-
https://imgur.com/a/m4kwWOR
I also attempted to call Distoken in China to see if they heard of LiveChain. Due to the language barrier I was promptly hung up on. I know a lady who speaks Chinese, maybe I will have her call for me at some point. Would love to get the Chinese womans name who answered and see if she is one of the people listed who received shares stated in the amended quarterly.
Sorry, I have been sitting on this DD for a while, forgot to post it.
Good Luck to Us All.
Drucker going to kill this like he did IDAD.
Someone is selling the stock. Yesterday hundreds of millions of shares were sold and I think it was only 2-4 million bought. Someone is benefiting from the sells. I put an order in from work to sell 1m shares for .0001, it never filled. Same thing for FUT# .I feel sorry for the guy that bought the 2-4 m shares, he probably thought volume precedes price.
If no ones in charge who is getting paid?
I saw that list, very odd or maybe not so much depending on how many .0001 tickers there truly is.
One thing is for sure. If NoDummy/JaniceShell/or Surfkast are looking at a ticker you already have in your account, you're probably a bag holder on that one. They're pretty good at what they do.
Volume through dilution also tells the truth.
Dilution is whats happening.
Biden, Trump and LICH all have one thing in common. Not one of em gives a crap about us. There are so many issues in this country, they would rather have us fight among ourselves than to call them out on their b.s. Americans need to come together, have an understanding that opinions will differ, no one is wrong no one is right. Love one another, stand up for one another and fight for one another <---- even more important to do if their opinion differs from yours. Once we do that we take this country back from all the greedy politicians.A free country without differing opinions isnt free.I served my country so some wingnut could stand on a pulpit and call me a racist because I dont agree with his opinion, I say good for him, he is exercising his rights, one of many that make this the greatest clusterfuck of a country there is. We need to get this country back to "OF THE PEOPLE FOR THE PEOPLE". If LICH hits I am going to start the Pissed Off Americans march. All skin colors, all genders, all political parties marching together with the second amendment folks leading the march in 20x50 columns protecting the lives and safety of all those involved. And yeah, Uboat and Glenn can join, they seem pissed off.
Oh and I picked up 35K more LICH today.
I agree. That ticker has no business here. That thing is being diluted. Its a POS. Stay away from it folks.
They sold at less than .02, more like .017
SMH
Hope the guy bid sitting 100k @ .0075 never gets his shares.
Very promising information. Time to sit tight and load more on the dips.And check the NASDAQ IPO calendar every month .
Good Luck Everyone.
Probably the same Zhang.
Page 13 scroll down.
https://backend.otcmarkets.com/otcapi/company/financial-report/243796/content
for the lazys here is a screen grab highlighted.
https://imgur.com/a/gXUdKSb
Good luck everyone.
Best thing to do to guys like that is discredit every ticker he posts. He's just trying to get Lazar follower money into his tickers.
Sorry that was me. Eugene_Oregon (Gene as I call him) charges more if you only want one sack waxed and not both. Sorry guys, had to liquidate to cover the cost.
Dude Stop. Lazar deals in OTC tickers. Did you also go to the UBER board and ask if the 50b+ market cap is justified? People trade custodianships, trading on the filings and material events.At he end of the day some traders prefer to hold a free or close to free position in the new company as a lotto play. You here knocking Lazar tickers, or any custodianship play is comical.
Learn how to make money trading custodianships then you can spend your time attempting to discredit/bash some other OTC tickers, of which 90% + are fraudulent.
Maybe go back to the PTAH board and see if you can hit 3000 posts by the end of the month.
Youre still not getting my shares.
Actually it is about attractive share price for most. If you bought 20 million at .0001 or .0002 would you still buy 20 million at .002? With the stated share structure and everything else as we know it right now? We have no idea how many shares were held by dead/inactive insiders or what the true A/S is among other things. I hope the insiders owned a ton of shares and Lazar is able to cancel out at least half of the 8 billion. Until he cleans it up and we know how many he has canceled there are too many unknowns. I do think its possible to still get a 600% return with what we do know right now.
Many catalysts move the share price during the process, a week after Lazar filed for custodianship I was still able to get .0001's . Thats never happened before on a Lazar ticker. Typically youre paying %100 or more a week after filings hit. Im just saying, this pig seems heavy. I hope Lazar cancels most the shares and everyone who plays big makes a zip code changing fortune, for now, for me, its just a lotto play.
I am honestly excited to what he does with this, if he can clean this one up, get substantial shares off the table and make it profitable for traders then I will change my thinking next time I see a high share structure with Lazars name on it.Control block is going to be bananas.
I agree. With a share structure that big, it will take a lot of buying to push it up significantly. I for instance bought 5 mil @ .0001 and sold 4 mil at .0002. A 100% profit on any trade is good. Its one of those tickers that if you can ride free on it may be worth it to leave a runner. Also first thing to happen with the new company (if one is found) will be a RS, so dont hold too long, unless you have free shares.
Its only attractive because of the current share price.If it were any higher it wouldnt be worth it.
They keep deleting my post showing the front load on ICBT, a visual so some can see what a front load looks like.Well, here it is again.
https://imgur.com/a/OZ5Zbua
This is the Lazar board, where peeps get excited and put money into Lazar tickers. When someone posts nonsense here and tries to get Lazar followers to put their money in non Lazar tickers it affects all of us. They need to be called out. I see no indication that Lazar is interested in that ticker, if there is solid DD/proof then provide it and most of us Lazar followers will take a position .
Just my 2 cents.
Good share structure for penny land? Last I saw it was 1.9 billion authorized back in 2013. Care to share a link on this share structure you speak of? Or maybe ICBT is just another P&D, with someone trying to attach Lazars name to it as a rumor? Either way this is not the Lazar pumper board. Have some DD when writing the things you write, or just say "I wish Lazar would take over ICBT, I've been a bag holder for years on that one"
I have been around this board since its inception,my fear is that it turns into the typical Ihub board with trash postings and noise that drowns out the good posts about real Lazar tickers and activities.
For the rookies and easily excited types:
There are things to check when some someone posts a ticker prior to you buying.
Check the registered states Secretary of State website for information on a particular ticker
Check OTC Markets for a broad overview of the ticker
Check OTC:RE to see if any news is posted there.
Check volume on charts to see if it was front loaded slowly or heavily in the last 8 weeks.
This is my typical first "smell" test of a ticker.Just doing these 4 things prior to buying will save you money/time before doing real serious DD on a company.
Dont buy blindly because someone posted on this board, just because its posted doesnt make it true.
Here is a screen grab of front loaded ICBT.Stay away from it.
https://imgur.com/a/OBQnIRH
Has this ticker been a CUSIP # in everyone elses trading platform or is it just me?
The people shown on the website are just speakers for their 3 day video library.The website doesnt show anyone from the company, no names or pics. Their contact us page is a also doesnt have an address like most contact us tabs do. They do mention crypto and blockchain technology which was part of the Live white paper if I remember correctly. This could be something related, but I think its a stretch. Then again, I havent heard from LiveDao in a while either.
I guess we're in the dark until this thing folds or pops.