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The potential here is staggering, wasn't this pink current then slipped to the pink limited?
I wish I could agree with you but for now there are too many unanswered questions here. First this needs to get back to pink current then there needs to be updates at the otc in order to determine what exactly is merging in, transparency is the key to this substantially moving higher. In the mean time the flippers are in control. JMHO
In your opinion pdgood what is cause of the
delay with the OTC?
Do you believe the actual Co is coming or a subsidiary of the parent Co.?
Here is an interesting tweet I found.
$igpk
— red crewmate (@redcrew34838536) January 26, 2024
4,907,200 dollars worth of stock don't just evaporate into thin air how much was paid to clean up this ticker before merger no notes or convertible debt nothing that's not easy considering it's a pink ticker https://t.co/cLHsh4vrdq
Yes also the fact that the merging Co, Prodigy is still here means we are fine. JMO
Uplist from the EM first.
Define Dark or Defunct:
Companies that may not be able or willing to provide disclosure to the public markets -
either to a regulator, an exchange or OTC Markets Group.
They are certainly willing but are not able to disclose info to the OTC that is needed to uplist from the EM. (at this time)
The CNNA corp is active and up to date.
That there is still a pulse here. JMO
Profit Corp Annual Report was filed 1/25/24 at the WY SOS.
Volume up to 23 million, daily average 39 million, 45 min into trading day.
Great post, it certainly sounds feasible subsidiary to merge. JMHO
Perfectly stated,
"it’s almost certain we know the Company but now is it the full company and all the assets, will this be a subsidiary… that we do not know yet but should find out in the next week or two."
My thought it is a subsidiary of the parent Co which could still be a multi penny investment. Any Co with assets of the parent Co would come public via a Morgan Stanley type of IPO right to the Nasdaq. JMHO
It is all manipulation down here in pennyland Dino. If this Co is merging into IGPK they will move the pps to whatever level they decide. Unlike 99% of the mergers in the otc this Co is financially in the clouds so money is not an issue. Unlike in the US with all the SEC rules China plays by their own set of rules. I am waiting for the day that these foreign investors make their appearance. Time will tell. JMHO
Thanks for the analysis Chartmaster, the question with this ticker is if/when foreign investors get involved how much of an impact will they have on the pps. Jmho
This was posted a last week nice synopsis.
MASSIVE new Chinese merger coming to the OTC. Boasting 50 million+ users and a potential valuation of $70 Billion. Is $IGPK the next Alibaba? Watch to find out!
youtube.com
I agree, this is not a drug that needs an FDA approval. The FDA has approved a list of chemical compounds that Co can use for antiseptic use. I doubt they need an actual approval process before they market the product. JMHO
"Tim Alford and Warwick Kerridge have a history..." is putting it lightly as I was involved with one of those past scams. No question that this stock is the place to invest when this process moves forward. Just another reason to buy AESO. JMO
Good volume today, as this process moves forward with the name change, assets merging, etc the pps will reflect the true value. JMHO
What ever is the problem with CNNA, it appears there is not an easy fix. JMO
Great Job.
My money is on " someone knows something...." JMHO
This situation is somewhat confusing unless you read through the filings, moreover you have done an outstanding job at dissecting this process. As this merge becomes more transparent investors will come because gains here are not about 10 or 20% but rather much more as the value of the new entity has a previous basis. Also, situation is very unique in the OTC. This is still below the radar but no for much longer. JMHO
You are a great asset to this board Gnarlyman. Thanks for the info.
First time I have heard that, am I missing something here?
Ave daily volume is 39 million, at 10:25, 41 million shares traded.
No question, just notice the return of volume, still very much under the radar. JMO.
No question the MM's know that with this tiny float any buying pressure send this straight up. They can't put any walls to stop it either so they make up all this rules to keep the stock down. When the time is right demand with blow away supply. JMO
Some CEO's tweet info to the public but I doubt he will say much. It appears that investor info will come from updates at the OTC or filings. The fact that he updated the otc profile so quickly is a good sign that the merge is close.JMO.
Hopefully the updates will continue and we may get a glimpse of what is coming. The right update combined with this tiny SS would mean a much higher PPS in a heartbeat. JMO
I am sure that a Co is already lined up to merge into the shell. At this point it is all about timing. JMO
What changes did you notice?
Thanks
No idea what is coming?
Is this updated : Jungang Lin: China Auto Parking Group PLC
The best option for the PPS is to uplift out of this toilet exchange either via a buyout or partnership asap, only then you could see the true value. I know of a Co that may go public in the near future and would never list in the OTC. Even with the new rules it is still a toxic environment filled with fraud, corrupt ceo's, dilution machines, market maker manipulation, and the list goes on and on. By the way here come the fake walls
again. JMO.
Just my thought but I think a buyout will come sooner then people realize. JMHO
I agree 100%, if not in Dec then a vote of no confidence for management. JMO
What are the odds those are fake walls?
Yes but I was referring to all the other Co that presently trade in the OTC, Nasdaq, and the NYSE. JMHO