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Low volume
Kinda interesting today we actually have some bid support and no selling pressure.
Been involved in so many of those never been worth it. Most of them i didnt even lose money or very little, just happened to buy at in the class period. I did not lose money invested just a ton of profits lost back.
Wow this is disgusting, time to figure out how to get the rest of my shares sold and lick my wounds and move on. TOO MUCH mental capital being burned
Yea losing sleep because I was a dumb a** and moved my limit orders up higher last week.
Good job, I wish I had. I got blinded by the $$$ greed.Still made good profit Oh Well
Thinking about it Baumann sold out Billions of shares for $340,000 that should have been our clue to run.
On May 13, 2021. Ms. Bauman sold 2,000,000,000 shares of the Company’s common stock and 3,500,000 shares of the Company’s Series A Preferred Stock to Sally Kin Yi LO and Daily Success Development Ltd. for aggregate consideration of Three Hundred Forty Thousand Dollars ($340,000).
Am I reading it wrong
On July 26, 2021, we acquired all of the issued and outstanding shares of DH Investment Group Limited, a limited liability company organized under the laws of the British Virgin Islands (“DHIG”), from its shareholders Sally Lo and Daily Success Development Limited in exchange for 100,000 shares of our Series B Preferred Stock. DHIG operates its COVID-19 antigen testing business through its wholly owned subsidiary Ho Shun Yi Limited, a limited liability company organized under the laws of Hong Kong. In connection with the acquisition, each of Sally Lo and Daily Success Development Limited received 35,000 and 65,000 shares of our Series B Convertible Preferred Stock, respectively. Each one (1) shares of the Series B Convertible Preferred Stock is convertible ten (10) shares of our Common Stock. The Company relied on the exemption from registration pursuant to Section 4(2) of, and Regulation D and/or Regulation S promulgated under the Act in selling the Company’s securities to the shareholders of DHIG.
Prior to the Share Exchange, the Company was considered as a shell company due to its nominal assets and limited operation. The transaction will be treated as a recapitalization of the Company.
2
The Share Exchange between the Company and DHIC on July 26, 2021, is deemed a merger of entities under common control for which Miss Sally Kin Yi LO is the common director and shareholder of both the Company and DHIG. Under the guidance in ASC 805 for transactions between entities under common control, the assets, liabilities and results of operations, are recognized at their carrying amounts on the date of the Share Transfer, which required the retrospective combination of the Company and DHIG for all periods presented.
As a result of our acquisition of DHIG, we entered into the COVID-19 antigen testing business. We intend to make additional acquisitions in the same industry and hope to expand into other territories such as China. We also hope to make opportunistic acquisitions in other industries in the future, regardless of whether such industries relate to the COVID-19 antigen testing business.
On June 29, 2021, our Board of Directors authorized and approved the amendment and restatement of our Articles of Incorporation to: (i) change our name to DH Enchantment Inc.; and (ii) amend the powers, rights and designation of the Series A Convertible Preferred Stock; and (iii) effectuate a 5:1 reverse split, all of which are subject to final authorization by FINRA. The Board of Directors of the Company also approved the designation of 10,000,000 shares of Series B Convertible Preferred Stock which took effect immediately.
Now that we are in the Covid testing business we could get a big contract or order which would be a catalyst. ALL MY OPINION and THOUGHTS
Comon people slap them .028s and get back into the .03s LOL
Good lord no bid support for nothing
Still holding, but its all profits, got greedy in the teens with expecting a push into .20-.25. Failed to make a good exit plan.
My concern is with the converted shares into the billions the only way to sell that many is at much lower prices. The news was Wed and it didnt fare well, so now we would need a new catlyst to create a reason to buy. otherwise we drift down into the abyss. All imo of course
Doesnt sound to lucrative for management if they had 1 day of selling then a R/S at 1:5. Usually a R/S split in pinkyland is after exhausting all selling of existing shares. Inform me if I am wrong TY
Give us a 30mill day buying today
It appears the selling has subsided and we could see a bounce back to .05-.06 range. IMO
No I have been here for years all shares are free,and not looking to add. Had sell limit orders above .17 and then this debacle.
Interesting they put as a R/S of 5:1 when it actually should be 1:5
On June 29, 2021, our Board of Directors authorized and approved the amendment and restatement of our Articles of Incorporation to: (i) change our name to DH Enchantment Inc.; and (ii) amend the powers, rights and designation of the Series A Convertible Preferred Stock; and (iii) effectuate a 5:1 reverse split, all of which are subject to final authorization by FINRA. The Board of Directors of the Company also approved the designation of 10,000,000 shares of Series B Convertible Preferred Stock which took effect immediately.
That was when it was at .15
Ask getting slapped now
Very dissapointed in myself i allowed the greed exceed the need, had over 100k profits now only 40k. Will try to learn from it
Seems some bid support coming in
Maybe we get a bounce here back to .05-.07 but not confident.
I dont even know if I could get filled
Finally you are correct, I am in agreement with you.
Ya it means they sell this down to shit then R/S then repeat
R/S news where? I see now finished reading the 10
What bashers? Its a complete dump with little bid support and unlimited ask being refilled.
Ya came down pretty quick, I am still pure profit but definetly hurts atleast alittle lube first. lol
SIMPLE EXPLANATION
Effective July 1, 2021, Daily Success Development Limited converted 520,000 shares of its Series A Preferred Stock into 1,040,000,000 shares of Common Stock. As a result, Daily Success Development Limited holds 2,340,000,000 Common Shares (56.30%) and 1,755,000 Series A Preferred Shares (56.30%).
Effective July 1, 2021, Sally Lo converted 280,000 shares of its Series A Preferred Stock into 560,000,000 shares of Common Stock. As a result, Sally Lo holds 1,260,000,000 Common Shares (30.31%) and 945,000 Series A Preferred Shares (30.29%).
Saw it coming, just didnt know when thought they might release news then do it on bigger price surge.
Not liking todays action too many people here now. Appears managements converted shares being dumped, Time to take caution
Yup thats what we are waiting on
New here just added some .0032s and now average .0035. like the share structure and price point. .0057 this morning, (if it hits it will trade there.) GL LOngs
Blue Skies, uncharted territory, the sky is the limit, etc have a great weekend
.15 break and no drop I must move my limit orders up again. LOL
This is in a IRA account for me so it will definetly help my retirement. All my shares are free so 1.00 would be great. GL Longs
.15 firewoks coming soooooon. IMO of course
No I just saw that they converted to ordinary and trying to follow along with the changes so I dont get caught off guard. I appreciate all your DD. Added you as a follow on twitter. Thanks
Did you read this part of the report?
NOTE 5 – SUBSEQUENT EVENTS
Effective July 1, 2021, Daily Success Development Limited converted 520,000 shares of its Series A
Preferred Stock into 1,040,000,000 shares of Common Stock. As a result, Daily Success Development
Limited holds 2,340,000,000 Common Shares (56.30%) and 1,755,000 Series A Preferred Shares (56.25%).
Daily Success Development Limited is wholly owned by Shing Lee.
Effective July 1, 2021, Sally Lo converted 280,000 shares of its Series A Preferred Stock into 560,000,000
shares of Common Stock. As a result, Sally Lo holds 1,260,000,000 Common Shares (30.31%) and 945,000
Series A Preferred Shares (30.29%).
As a result of these conversions, the aggregate outstanding shares of Common Stock as of July 7, 2021 was
4,156,545,807.