Nice pop in volume for the first time today, in a while. Volume today = 166,806. Looks like people are beginning to notice this stock.

LIGLASS/IICN INDICATED THEY HAVE GREEN TECHNOLOGY FOR WASTE MANAGEMENT WITH WIDE IMPACT
https://www.otcmarkets.com/stock/IICN/news/China-Intelligence-Information-Systems-Inc-Informations-Update?id=320440
"We believe that if current market trends continue, waste treatment technology may become a central part of environmental policies in many countries and a key component of the so-called “circular economy.” In that respect, we are aware that the European Union has publicly stated it will ban landfills in the European Union by 2025 and, we have, over the past two years, focused our resources to understand if and how we may be able to commercially utilize certain technology to address and respond to changes in environmental policy and laws within the European Union and in other appropriate markets as well."

IICN earnings increase 100-fold in most recent quarter: Sept 30, 2022, 3rd quarter earnings were $450,000 compared to $4200 previously.

https://www.otcmarkets.com/otcapi/company/financial-report/351882/content" rel="nofollow" target="_blank" >https://www.otcmarkets.com/otcapi/company/financial-report/351882/content

Correction: Earning went up X100 times since previously (not x10) -- I left out a zero!!!

Check out the latest earnings from IICN = They have increased their income 10 fold for the quarter ending Sept 30, 2022, released on Nov 15, 2022. This could be the start of an uptrend, followed by removal from shell status.

LIGLASS TRADING UPDATING ITS WEBSITE: liglasstrading.cz
Liglass Trading is the company that reverse-merged with IICN. The company is updating its website. In view of recent updates on Sept 12th, they consistently do new things that reflect a new future. Focus now is on waste-to-energy renewable recycling of energy. See my other posts for a summary http://liglasstrading.cz

IICN: Prime Mover in novel recyclable energy technology in Europe: "We believe that if current market trends continue, waste treatment technology may become a central part of environmental policies in many countries and a key component of the so-called “circular economy.” In that respect, we are aware that the European Union has publicly stated it will ban landfills in the European Union by 2025 and, we have, over the past two years, focused our resources to understand if and how we may be able to commercially utilize certain technology to address and respond to changes in environmental policy and laws within the European Union and in other appropriate markets as well."

https://www.otcmarkets.com/otcapi/company/financial-report/301718/content

https://www.otcmarkets.com/stock/IICN/news/China-Intelligence-Information-Systems-Inc-Informations-Update?id=320440

IICN: supplemental report today - details update on the direction of the company. In summary, they will be prime movers in an emerging area of recyclable energy where waste is converted into energy. The European Union has a 2025 deadline for this:
https://www.otcmarkets.com/otcapi/company/financial-report/301718/content

IICN is not on the list of OTC stocks that cannot be traded on the OTC platform from the end of Sept onwards. The PDF from TD-Ameritrade available via the link below, lists all the stocks disqualified from trading on the OTC due to lack of compliance (dated June 30, 2021) and IICN/China Intelligence Information systems is not on that list:
https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf

As of June 30, 2021, IICN became current with its financials, and since then it has also completed its 2nd quarter financial report ending June 2021.

IICN inherited its "Shell" status from the previous dormant company that it reverse-merged with. However, as IICN is reporting revenues each year, it will be a matter of time before it goes through the OTC process of removing the shell status. OTC has a fixed administrative protocol for companies to apply for their shell status to be removed. This could take time but is just a matter of protocol that has to be followed. In the meantime, we may hear news from IICN about new contracts that will generate new revenue in the future (see below post about Twitter account that states news announcement is coming shortly). That may potentially help the removal of its shell status. As a reminder, in 2017 Liglass Trading (IICN) announced on its web site that it was challenging the loss of the Kyrgyzstan contract. My bet is that they will either get back a similar contract with Kyrgyzstan or get some new contract with a different country. Either way, green energy solutions such as hydropower plants and solar power are bound to thrive in the current political climate, where climate change is on top of the international agenda.

2nd quarter financials have been re-posted on 8/3/21
https://backend.otcmarkets.com/otcapi/company/financial-report/293773/content
now awaiting follow up information about future plans

Latest quarter financials already out (within 4 weeks)!
https://sec.report/otc/financial-report/292723

https://twitter.com/ChinaIntellige2
New IICN Twitter Account
A new IICN Twitter account has been set up, it does appear official as it is connected to their OTC website, and promises to provide updates about activities in a few days.

https://twitter.com/ChinaIntellige2
New IICN Twitter Account
A new IICN Twitter account has been set up, it does appear official as it is connected to their OTC website, and promises to provide updates about activities in a few days.

https://twitter.com/ChinaIntellige2
New IICN Twitter Account
A new IICN Twitter account has been set up, it does appear official as it is connected to their OTC website, and promises to provide updates about activities in a few days.

Golden Cross, please see my post about the new IICN Twitter account today

New IICN Twitter Account
A new IICN Twitter account has been set up, it does appear official as it is connected to their OTC website, and promises to provide updates about activities in a few days.

IICN is now CURRENT status as of today. Pink Current, after Attorney letter filed on 7/14/2021 and all financials updated as of June 30, 2021. This is important as from Sept end 2021 stocks on OTC not reporting financials in a timely manner will not be allowed to be traded by brokers. Received emails from E*Trade and Ameritrade that they are not trading delinquent stocks as per SEC rule. So, this is solid news, as they will keep up with the June 30, 2021 quarter end financials as they have got this far.

Attorney letter was re-posted yesterday. Comparing the two letters, it looks like they had made mistake with the date of the March 31, 2021 quarterly report. In the new letter this has been rectified. This may explain why the "Current" reporting status was not updated by OTC by the usual 1 week time line, and the "Yield Sign" was not removed. Now that the rectified letter has been returned to OTC, status should be updated by a week.

Rushydro can get their $37.5 M = From Russia!

Rushydro poured 37.5 Million US dollars into the Upper Naryn Cascade hydropower plants from 2012 to 2016, and then Kyrgyzstan cancelled thier contract because they had made no progress at all. IICN had offered to pay the 37.5 M to Rushydro in 2017 if they parted with their 50% in the HPP. Then it became a stalemate, and Rushydro took it to international artbitration. Now, after about 3 years of ding-dong, ping-pong, Rushydro dropped the suit against Kyrgyzstan and the Russian Government has offered to lend Kyrgyzstan the 37.5 M via sovereign debt. Of course, this means that Rushydro will get their 37.5 M back from Russia (as Kyrgyzstan may never have that much money to pay back the loan. Either way, IICN is benefiting from all this, as they no longer have an obligation to pay Rushydro.

Russia offers Kyrgyzstan to transfer its $37.5 million debt to RusHydro to sovereign debt

https://akipress.com/news:641720:Russia_offers_Kyrgyzstan_to_transfer_its_$37_5_million_debt_to_RusHydro_to_sovereign_debt/[/tag]

"Current" status should come soon I presume, if the attorney letter has just been filed and all financials have been updated.

Agora ready to rise again, with the whole market recovery. Should peak end April early May.

When will Clubhouse be available for Android users?

https://www.financialexpress.com/industry/technology/when-will-clubhouse-be-available-for-android-users-app-cofounder-spills-details/2203551/

App cofounder spills details [Financial Express, Online | February 28, 2021 4:46 PM]

At CNBC/NYT interview: Bill Gates and Clubhouse cofounder Paul Davidson - Gates indicated he prefers Android over iPhones, Davidson responded that Clubhouse is working on an Android version and currently a top priority. When the android expansion does happen, it will at a global scale.
This is why I fear trading Agora stock short term and rather hold it continuously without selling for a long time. This kind of news can come out at any time and then there will be no turning back. The next big news that I will never be able to predict would be opening Clubhouse to one and all – when they are ready. They are wise treading the waters slowly and fixing issues as they grow, as experienced recently with some data breaches that they are identifying and fixing promptly with help from Stanford University’s Internet Observatory.

I see two positives in today's action:
1. Achieved new all time high of 114.96 -- aaaaammmhhazzzzhing!
2. Tested support level of 100 and succeeded in remaining above that. Recently, on its way up, we saw that 100 was a major resistance level for Agora shares and challenged it a couple of times over the past 10 days or so, before smashing up through it. For a sustained rise, a stock is healthier if it tests a previous resistance level as a new support level and succeeds in remaining above it.

In summary, two positives today: tested 100 support level and succeeded, AND achieved new all time high of 114.96.

Clubhouse & Agora: There's an interesting article in Yahoo Finance. .
It shows how Clubhouse's strategy of growing slowly to first fix major issues is working (they can plug a potential leak to Chinese Govt by hosting servers in the US instead of China). It also confirms that Agora powers Clubhouse, refuting any remaining birthers: Clubhouse was born from inside Agora's platform and not via Cesarian section from an unknown mother. They state that Clubhouse membership was 3.1 million on Feb 2nd. So the doubling I talked about earlier was probably from 1 million to 2 million in during a week in late January. Also, the 6 million membership that I read about somewhere else could have been after Zuck hosted on Clubhouse, which was after Feb 2nd. Cannot wait for Clubhouse to spread across android devices, and for them to go open access to the entire human race (excluding China of course, as they state in the article below).

Apparently, the Stanford Internet Observatory confirmed "Chinese tech firm Agora Inc supplied back-end infrastructure to Clubhouse". This meant that Agora could access raw audio data for Chinese government agencies or individuals via data relayed to servers hosted in China or by Chinese entities. They concluded that China could not access data if the audio was stored in the United States. Clubhouse wants to fix this before they move forward, and indicate that it will be fixed this coming week.

https://finance.yahoo.com/news/clubhouse-says-reviewing-data-protection-110047419.html

I share a great article from Seeking Alpha from Feb 4, 2021.
Lots of information about the future of Agora, and how Clubhouse and Yalla are powering it now, but how this exposure will serve as free advertising for Agora, to make it the prime mover in the field of "anyone from anywhere on any app" real-time virtual engagement using PaaS (Platform-as-a-Service). Reading such material gives me the courage to hold on tight for a nice ride up. Actually, earnings on Feb 22, 2021 for Q4-2020 may be disappointing as the previous two quarters showed consecutive reductions in quarterly income compared to Q1 -- but that is because China controlled its Covid-19 situation before Q2 and so local demand fell (that's why API tanked to 32-33 after Q3 earning in November). But if we only look back we can turn into a pillar of salt. Mainly look forward and this looks like a stock that could give us the Midas Touch -- turning things into gold, not salt!

https://seekingalpha.com/article/4403413-agora-clubhouse-is-just-one-of-possibilities

Just saw a post on Twitter that Clubhouse invites in the US were being sold at $100 on EBay! Also being sold in China for one day until Govt shut Clubhouse down. Clubhouse is going to take off once they open up to Android and all free peoples of the world. Can’t wait for that day, as Agora will make a solid run based on Clubhouse’s supercharged growth. It’s already growing 50% a week on invites only on iPhone only!

Unusual spike: +10 points 1st 15mins, >1MillionVolume:
Watched some great action today in the first fifteen minutes: With volume greater than 1 million, the stock went from 99 to near 109. Never seen this kind of action on this stock. This is a huge volume for first 15 minutes. Last Monday it gapped up larger from 56 to more than 70, but that was the first great morning spike and the volume was not this high. More and more people are catching on to this story. This is the next Twilio/Zoom kind of stock and hardly anyone realized for 8 months since IPO in June 2020. I'm holding on for a few years. According to the patterns, some big buyers will step in later this morning and create some more spikes. Higher highs, higher lows, has been the pattern for the past 3 to 4 weeks.
PLEASE POST DUE DILIGENCE RESEARCH. WE NEED TO GATHER AS MUCH FACTS ABOUT THIS STOCK AND ITS FUTURE.

Agora has a link for clients to migrate from Twilio to Agora!!

I saw this advert and link on their LinkedIn site:
"Android Developers, are you thinking about migrating from your existing video platform to a globally deployed lower latency real-time network?
Check out our latest guide on how to migrate from Twilio to Agora??"
[https://bit.ly/38c3d9V]

Interesting U-Tube video on Agora: shows lots of current customers at the 5 min 31 secs point:

Things driving Agora past 3 weeks:
1. News on Feb 1st that a private placement of $250 million was buying a 4.5% stake in Agora stock.
2. News a couple of days before that indicating that Agora was buying Easemob for cash (Easemob's messaging system nicely compliments Agora's video and audio live streaming strengths.
3. Finally, adding fuel to the fire, the internet is blazing with the news that Clubhouse uses Agora's platform. Clubhouse is the latest audio social media network that is growing rapidly in popularity and is bound to climb like SnapChat. So, if Clubhouse is taking off, then Agora's platform is powering it. The novel thing is that Agora's payment system works on a per-minute-of-use basis (not a fixed subscription) and therefore any client that becomes a megastar carries Agora along with it. See link below.

https://www.scmp.com/tech/start-ups/article/3120259/agora-chinese-company-powering-clubhouse-sees-stocks-soar-investors

"...a person familiar with the matter confirmed to the Post that Clubhouse uses Agora. Industry insiders have also said publicly that the hot new social platform was built using the Chinese company’s services."

"Knowledge of the relationship is not new. Angel investor Justin Caldbeck claimed on Twitter last summer that Clubhouse was built in a week using Agora. Saga Partners investor Richard Chu repeated the claim in his newsletter when he said he was investing in the company."

When Agora reached 99 during two peaks today (Friday Feb 5, 2021), for a new all-time-high, I thought there would be a retreat before the psychological resistance at 100 and that breaking it wouldn't happen until next week. Then, suddenly, after hours this evening it slams through the 100 ceiling and jumps 5 points to all-time-high of 104. There is no saying how fast and how high this is going to go, but it sure shows signs that all retreats are minor and short-lived.
Did anyone realize that Zuck joined Clubhouse Thursday night and gave a presentation? Mark Zuckerberg's Clubhouse premier last night could have been the catalyst for Agora's dramatic jump this morning. Gaining recognition is the fact that Twilio made it big by straddling the shoulders of stalwarts such as WhatsApp and Uber and, therefore, as Agora is the next Twilio, Agora's foot on the shoulder of Clubhouse gives it a future giant's shoulder to stand on and therefore this anticipatory giant leap in Agora's stock this week. Add to it that in February itself 250 million is being invested in Agora by private placement and that Agora is buying Easemob for cash (messaging interface). Everyone, including institutions, want to get in earlier rather than later. Each day lost is one day too late and several dollars in stock price too late. Clubhouse is predicted to become a social media monster in the likes of WhatsApp, SnapChat, & Twitter, and its going to carry agora along with it. In the mean time, several new clients will join Agora from the publicity its getting.

Here's the link to Zuck's involvement with Clubhouse:
https://apple.news/AiRcnZGDFQ_22LrtedBhtlw

Nice premarket gap up again. New high at 83.

Higher highs,
Higher lows,
The Shorted Man dies,
That’s the way the trading goes,
That’s the way the fair wind blows.

Premarket trading shows 4 points gap up early morning, after 30% spike yesterday. Over next couple of years this is going to be like Twilio or Zoom.

Huge jump today. Took a nice holding back in Oct at 42, went down to 32, held on like a leach, today hits new high of $74 premarket. Private investor buying 4.5% stake for 250 million in private placement due this month. Obviously a great future. It’s the next Twilio and Zoom, if you see what I mean .

Very quiet on this board. Lots of positive action going on over the past two weeks. Need some participation. HELLO! ANY ONE OUT THERE!

Agora Inc (API) video, talk, messaging integration platform. This stock is the new baby Twilio.

Why is this board so quit? Great run past several days. Higher highs, higher lows. Bought a messaging App for cash (see Yahoo news from yesterday). I guess the people who know this stock’s future are quietly buying and holding. Also the float seems relatively small. The pattern of buying over the past few days looks like predominantly institutional buying. Sudden huge surges then a lull, then a surge again. I’m holding for a long time. This could be my retirement nest egg. This area of video/talk/messaging integration is the way of the future. The pandemic only accelerated its evolution, and there’s a long way to go in this novel platform.

We need to emphasize that a large part of the retracement down from 138 on May 7th was due to the announcement that advertising contracts had been canceled in March and ad income would be less than expected the rest of the year. However, recent news is that the ads started coming back within 2 wks of April and May was strong. Additionally, there is a pattern of shifting to streaming channels for ads away from conventional channels. Finally, Roku allows better targeting of ads to consumer-specific criteria. All these compensations in the ad business, along with record increases in new accounts and streaming hours, could prompt them to announce better-than-expected projections for the rest of the year on their July 13th pre-earnings announcement. This would change the tide for ROKU to take it to new highs. I think the traders putting beyond the money calls for ROKU for July 17th expiration could be using available data to make this interpretation and think that ROKU will cross 200 by 17th July. Several internet-dependent stock have reached new highs -- why not ROKU?

It could take this entire week for ROKU to consolidate in the 128-132 range and then break resistance at 132/133, and to start challenging the 138/140 resistance level by the end of the week. My personal belief is that Monday July 13th is going to be a crucial date, as according to recent patterns, they could make a pre-earnings announcement after market closes on that date, announcing anticipated earnings surprise as they did last quarter. So, if it reaches 138 by the end of this week, we have another 2 wks to reach 148/150 by July 13th morning. Then, if the news is good, it should soar to new highs 170-200. The chances of this happening are high.

Up more than $13 today, retail sales up, ads up, streaming up. Huge July 17th calls on options. Big rise in ROKU shares is predicted. June 22nd shareholders meeting may have big news (ads, streaming rates huge) too. Other ROKU boards are in fire today. Why is this one asleep?

ROKU Ad spending up 44% in April after March slowdown.

https://www.prnewswire.com/news-releases/may-2020-programmatic-connected-tvott-ad-spend-bouncing-back-up-40-after-initial-covid-19-shock-hulu-sling-tv-among-risers-301068110.html[url][/url][tag]insert-text-here[/tag]