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Easy to debunk the FUD claim of company's HIGH stock price on 2/28
Fantasyland's ABQQ High price on 2/28/2022: 0.018
OTC Market 2/28/2022: Low: 0.0126 -- High: 0.014
High price according to Yahoo Finance:
Date................. High.......Low.......
28-Feb-22……..0.014…….0.0126
ABQQ acquired 10 million shares at 0.0138 on 2/28/22
Company definitely needs to do more to improve the share price for the shareholders but the baseless claim of "company is bankrupt" just got more hilarious when it was changed to ...where the $138,000 cash was coming from...and now the shareholder friendly action of company's insider trading of buying common shares above the daily price should be reported to SEC because it it not good for the shareholders!
Only in Fantasyland...
The ABQQ YouTube TV Channel turned out to be a good idea.
Near 10 MILLION views of ABQQ movies and series on YouTube SO FAR.
https://www.youtube.com/channel/UCjzh2_DVil70iHePCAf0sxA
ABQQ should be making around $20,000 - $30,000 so far (according to Youtube's cut and rules). And, it is just started!
They just added 5 more movies and more.
So much for the baseless "going broke" BS noise!
"With the average YouTube pay rate hovering between $0.01 and $0.03 for an ad view, a YouTuber can make around $18 per 1,000 ad views, which comes out to $3 to $5 per 1,000 video views. Forbes also estimates that for top talent, a YouTuber can make about $5 for every 1,000 video views."
https://mint.intuit.com/blog/relationships/how-much-do-youtubers-make-5035/
Well, we had a slow time until we got more news from the company so I didn't see the need to post earlier.
Plus, I was also busy reading some old FUD BS about how SEC would shut down another company. The funny part is that that BS continued for 3 years and became a joke.
Now, I am reading the same stock manipulating BS about ABQQ. I reported this FUD and stock manipulation to SEC already and I suggest every shareholder to do it too.
I know other shareholders have reported it to SEC too and let SEC know that stock manipulation is being done using their name.
Good news, Ping! The New York Movie Theater is reopening in April too.
“We are pleased with our progress in current quarter. Our strong momentum positions us for continued growth in 2022,” said Chiyuan Deng, AB’s Chief Executive Officer.
I will update the iBox.
AB INTL GROUP Announces February Updates
Acquired 5 New Movies in February and Held 65 Movies as Quarter-end Q2 of FY 2022
NEW YORK, March 15, 2022 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTCQB: ABQQ), an intellectual property (IP) and movie investment and licensing firm today announced February updates.
February Movies Update
AB acquired 5 new completely movies in February, 15 episodes of the TV series new sitcom in the second quarter. The Company held 65 movies and 70 episodes of the TV series new sitcom at the quarter end.
February Video Streaming Service Update
As of February 28, 2022, AB provided video streaming service contents website and launches ABQQ TV Channel on YouTube hits 100k views, the services marketed and distributed globally under the brand ABQQ.tv.
February NFT Movie and Music Marketplace Update
AB plans partnership with service provider, allowing movie owners to roll out movie NFTs at AB’s NFT MMM to the global market.
Buyers get a blockchain-stored package of advantages when purchasing movies NFT including:
Ownership of the movie file
Exclusive perpetual worldwide commercial and profit dividend share revenue generated by license fee through multi streaming, to view the film on ABQQ.tv
A copy of the sale and purchase agreement (SPA) granting the license to mint and sell NFTs in respect of the movie
The NFT owner would have the option to resell the item under the terms of the agreement.
February New York Theaters Update
AB’s first cinema "The Mt. Kisco Theatre” located at 144 Main Street, Mount Kisco, New York. The theatre current decorate ready for reopening on April.
“We are pleased with our progress in current quarter. Our strong momentum positions us for continued growth in 2022,” said Chiyuan Deng, AB’s Chief Executive Officer.
SEC also knows a true whistleblower only informs SEC if that is really the true intention about a company.
SEC also knows what the true intention is when posting about "informing SEC" on a board like in ABQQ case during the trading hours especially when those posts are not from the shareholders.
Such activities significantly drops the price of small cap companies like ABQQ (like 27% drop today) and in the negative direction.
That is exactly why most companies submit their news (good or bad) after (and in some cases before) trading hours...NOT during the trading hours.
It is easy for SEC to see that there were several days... like today... since 2021 when there was no company news but price went done because of FUD and misinformation.
Ping, thanks again for filling out the SEC form. It is easy to get SEC's attention in price manipulation of ABQQ.
For example, today...there was no company news...nothing.
This is one way SEC does its detective work. SEC will simply go to the days that there was a significant/unusual price drop, like today in case of ABQQ, and will check the timing of the price drops and the posts. There is a good track record of this on ABQQ board. I have seen SEC's work through another investigation. SEC is great at this. All it takes is for the ABQQshareholders that are negatively affected by price manipulation and have lost money to submit the SEC form.
Thank you, Ping. Yes, the more shareholders fill out the SEC form the better we can make SEC aware of the extend of the misinformation against ABQQ that can fortunately be traced and found on our board including the timing of the posts and the sharp price drops after...since last year. SEC is very good at this!
Good suggestion. I reported the stock price manipulation today. The timing and 25% stock price drop too and the reason for the price decline.
Like was suggested, I used the following page and I strongly suggest any shareholder that has lost money over a year and especially today to fill out this form and report the stock price manipulation that is caused by misinformation and event manipulation about the company.
https://tcr.sec.gov/TcrExternalWeb/faces/pages/disclaimer.jspx
No worries. SEC knows how to dig into the reports of the misinformation and fake news about the ABQQ CEO and the share counts to manipulate the stock price.
Oh boy...I try to make this short. SEC will not waste its time looking into a small cap company like ABQQ that has been revenue generating and has products and services just because John Doe tells them to do it. SEC gets so many fake and worthless tips that has just made one phone number available where only messages can be left.
Also, the "contacting SEC" and even "knowing their agents" has become such an old joke to SEC that is not even funny to them any more. That is why they only have a number to leave messages.
SEC already has a long list to go after and will go after those companies that have no product or services or revenue which have billions of dollars market caps after many pumps. There are many of them out there.
But, I really like to see SEC looking into the level of misinformation and fake news and manipulation against ABQQ. I know SEC is very involved in this area too!
Well a NFT business should be legit and credible like the NFT company that ABQQ acquired recently.
Otherwise, it will never sell a penny... like Fantasyland claim that tried to sell the "ABQQ's common shares is 325 billion" NFT nonsense with no takers. That "325 billion" NFT is not even worth a penny cause it is purr imagination and out of touch with the reality that the total common shares of ABQQ is around 325 million... not 325 billion. Accounting matters must be very confusing in Fantasyland.
My neighbor also owns company shares and asked for my opinion about "I don't know" and "this is total speculation" claims against the company. I said that is the right answer when it comes to unproven claims against the company.
My neighbor then said...yeah...unlike some baseless claims like “Pink status by January 2022” claim that turned out to be another FUD claim against the company, a “Pink status by January 2222” baseless claim could be more entertaining while we are waiting for the company news.
Great day to all shareholders!
$ABQQ
What keeps it even more interesting is how the FUD against the company can be easily debunked! Here is one...
In real world, the number of company's common shares in the latest 1-Q is 235 millions which is nothing compared to many other companies with BILLIONS of shares and no revenue!
Only in Fantasyland Hall of Fake News- Accounting Division, the company's number of common shares is registered in hundreds of billions. SMH
Common Share Balance - November 30, 2021 235,236,589
Thank you! Another CAPTIVATING and entertaining day for $ABQQ and its shareholders today!
$ABQQ is certainly so CAPTIVATING...every day!
Good day to all shareholders!
$ABQQ
Today, I asked my neighbor's wife who also owns ABQQ shares about her opinion on "going triple any day" joke.
she asked..."Isn't it the same BS nonsense against the company that she was reading for the past 6 months?
I laughed and said..."Sure, it is!"
She said..."oh yeah...that 6 months old joke still cracks her up...and then...
The problem with the claim at the end of this post is that it is pure FUD against the company cause neither the company nor a shareholder said ABQQ is better than these companies.
All that was shared with the board was these companies had many years of no revenue to begin with when ABQQ's 3 movies grossed near 7 million dollars and then their China right's were sold 1.8 million dollars.
So, one thing is right. Comments and statements like the claim below are nothing but cheap FUD against the company that can get detected easily by savvy investors.
The good news is that the existence of worthless FUD against the company is clearly a great sign that nothing serious can be claimed or said against the company.
Happy Wednesday to all shareholders!
Here is the now debunked FUD claim.
"Now let's add Square, FedEx, Amazon, TBS and ESPN to the list of companies that ABQQ is better than.
Comments and statements like these by the company don't impress potential investors."
Thank you, Ping. ABQQ is doing well so far. Here is why. There have been many MANY companies that didn't make a dollar for MANY years in their business. For example, it took even Tesla 10 years to make money!
But, Lucy is pleased to learn that $ABQQ just CASHED in $1,800,000 for selling the China's rights of its first 3 movies that grossed over $6,770,000 just this year.
Here are some examples of the ups and downs of the business in real world. It seems ABQQ is doing well compared to what happened to these big companies in their early years.
Unfortunately, they don't teach these in a Fantasyland Accounting course!
"5 Successful Companies That Didn't Make a Dollar for 5 Years
There were also rumors that Square was seeking an interested party to acquire the innovative company. But why? Isn't Square making a profit?...
In April, Square received another $100 million from investors that included Goldman Sachs, Morgan Stanley, J.P. Morgan, Barclays, and Silicon Valley Bank. Unfortunately, according to its earnings before interest, taxes, depreciation, and amortization, or EBITDA, loss, Square lost around $100 million in 2013. Fortune reported that the problem with Square is that it's a "money losing enterprise" that includes a "high burn rate, shrinking balance sheet, and narrowing set of options."
It's being predicted that the company will continue to lose money until 2015. If that happens, then it would have taken Square around six years before it finally can turn a profit, given that it was founded in 2009.
Startup expert John Rampton said, "While that may seem like a lost cause--not to mention the stress of sticking with a company that is losing money--it's not uncommon for a company to wait years before making money. For example, even Tupperware wasn't exactly an overnight success."
After working at the manufacturing division for DuPont, Earl Tupper introduced his Tupperware "wonderbowl" in 1946. Despite advertising and a showroom on Fifth Avenue, Tupper wasn't faring very well financially. That all changed when Brownie Wise began hosting the Tupperware Home Party in 1948. By 1951, Tupper realized that the Tupperware Home Demonstration system was more effective financially than continuing to sell his product in stores. Tupper sold his company for a cool $16 million to the Rexall Drug Company in 1957. And the rest is history.
More recently, Blogger was started by Pyra Labs in August 1999 and experienced some success before the bubble burst. Evan Williams and Co. ran out of money and struggled to keep the service. In 2003, Google purchased Blogger and arguably saved it before things got any worse.
The moral of the story? It could take years before a company experiences revenue or gets acquired, if you're as fortunate as Blogger was. Here are five successful companies that also didn't make a dollar for almost five or more years.
FedEx
Frederick W. Smith first came up with an overnight-delivery company back in 1962 that he outlined in a paper while attending Yale University. Smith went on to become a successful businessman who took his personal wealth of $4 million, along with another $90 million from investors, to found his delivery company in 1971.
However, Federal Express failed to take off initially and was on the verge of bankruptcy. Smith took the company's last $5,000, flew to Vegas, and played blackjack. The gamble literally paid off. Smith made $24,000, which was enough to cover the cost of fuel and keep the company afloat for another week.
With a little more time, Smith raised another $11 million to keep Federal Express running. The company made its first profit in July 1975. Today, the Memphis-based company enjoys total revenue of more than $3 billion.
Amazon
You've probably heard the origins of Amazon by now. Jeff Bezos left his cushy gig on Wall Street and moved to Seattle to sell books online from his garage in 1994. By 1996, Amazon had sales that reached $15.7 million and $147.8 million in 1997. Needless to say, people were intrigued.
Then, by the end of the decade, Amazon wasn't as promising as it once seemed. Despite having revenues of $1.6 billion in 1999, Amazon still managed to lose $719 million. Things didn't get better in 2000, when it was found that Amazon had just around "$350 million of cash on hand," despite raising billions of dollars.
Jeff Bezos finally turned a profit in 2003, which was nine years after being founded and seven years after going public. Bezos was able to turn things around for Amazon by laying off one-seventh of Amazon's work force and closing some distribution centers.
In the decade following Amazon's first profit, there's still debate as to whether it actually makes money. For example, there was an article from NASDAQ in October 2013 that asked "Will Amazon Ever Make Money?" However, former Amazon employee and shareholder Eugene Wei argues that Amazon does make a profit on most items sold on the site and has a profitable model as well.
Turner Broadcasting System
Ted Turner definitely came a long way after purchasing his first TV station, UHF channel 17, in 1970. Within a decade, Turner purchased the Atlanta Hawks, the Atlanta Braves, and Superstation 17.
In 1979, Turner changed the name of his company from Turner Communications Group to Turner Broadcasting System Inc. and launched the world's first all-news network--Cable News Network, or CNN. CNN premiered on June 1, 1980, with 1.7 million subscribers, which was enough to keep the channel afloat. In 1982, Turner launched CNN2 and merged with MGM Entertainment after a $1.5 billion deal in 1985, which gave Turner access to MGM's film vaults which created even more channels.
Unfortunately, the merger put Turner Broadcasting in financial strain, and the company wouldn't record an annual net profit until 1991. Thanks to the coverage that CNN provided throughout Operation Desert Storm the channel gained a worldwide audience of one billion viewers. In 1996, Turner Broadcasting merged with Time Warner, and the company enjoyed $7.4 billion in revenue by 2010.
ESPN
A father-and-son team, Bill and Scott Rasmussen, teamed up with Aetna insurance agent Ed Eagan to create an all-sports network in 1978. On September 7, 1979, at 7 p.m. Eastern Time, the first-ever Sportscenter aired.
There was some drama behind the scenes. In 1980, Bill Rasmussen was no longer in a decision-making role in the company and completely left the board of directors in 1981. Whether that was of his own accord or he was forced out is debatable. What isn't debatable is the network was losing money.
To help keep ESPN going, Michael Roarty (vice president and director of marketing for Anheuser-Busch) persuaded the brewing company to financially support the struggling network. In 1994, Roarty told the St. Louis Post-Dispatch, "We gave them $1 million that first year. And if we hadn't, they'd have gone under." The following year, Anheuser-Busch gave ESPN an additional $5 million. By the mid-1980s, ESPN was able to turn a profit thanks to the support of Anheuser-Busch. ESPN has become the most dominating sports network; it earned $11 billion in revenue in 2013.
Tesla Motors
What a strange road Tesla Motors has been on. The idea was simple: to create the world's first electric sports car. Tesla was incorporated in June 2003 by Martin Eberhard and Marc Tarpenning. One year later, Elon Musk invested in Silicon Valley's first automobile company and became chairman. In 2009, Tesla received a "$465 million USD loan from the United States Department of Energy" and went public the following year.
However, it wasn't until 2013 (a decade after its launch) that Tesla experienced its first profitable quarter. Wired reported that "Tesla recorded sales of $562 million, a gain of over 80 percent from the last quarter, with 4,900 Model S sedans delivered." Though some of that revenue was from cutting production costs, Tesla also made money by selling development services for the Mercedes-Benz B-Class Electric and Toyota RAV4 EV.
Though profits did decline, the future is looking bright for Tesla. Forbes reported that revenue has risen from $620.5 million, up from $615.2 million in the fourth quarter, and that the company will make its quota. Furthermore, research analyst Adam Jonas recently stated: "Not even two years after the delivery of the first Model S, Tesla Motors has transformed from fledgling start-up to arguably the most important car company in the world. We are not joking. Tesla is also emerging as an emblematic force in America's effort to foster high tech manufacturing job growth."
Tesla may not be as established as FedEx, Amazon, Turner Broadcasting, or ESPN, but it appears that things are finally turning around for the innovative automaker."
https://www.inc.com/drew-hendricks/5-successful-companies-that-didn-8217-t-make-a-dollar-for-5-years.html
By looking at the information below, Lucy is pleased to learn that ABQQ is no different from thousands of companies that have debt in their humble beginnings.
Even Apple STILL has 100s of BILLIONS of dollars of debt when they are sitting on BILLIONS of dollars of cash. The savvy investors know the why part, of course!
"Back in the late '90s, when Apple (NASDAQ:AAPL) was flirting with bankruptcy, the Mac maker had accumulated a considerable debt load as part of its efforts to stay afloat. Things had gotten so dire that credit rating agencies had downgraded Apple's paper to junk status, and outstanding debt reached $954 million in fiscal 1998.
Apple long term debt for the quarter ending September 30, 2021 was $109.106B, a 10.58% increase year-over-year.
Apple long term debt for 2021 was $109.106B, a 10.58% increase from 2020.
Apple long term debt for 2020 was $98.667B, a 7.47% increase from 2019.
Apple long term debt for 2019 was $91.807B, a 2.06% decline from 2018."
Of course, all these are taught in an accounting course in the real world, not in Fantasyland.
Like many promising companies in the history of the stock market, ABQQ is just starting too!
Glad I could help.
Hi Sonny,
The next month to look forward that we know is the April/May that company said will open the Mount Kisco theater in New York area.
I think now that company started off in China and made some money and made itself known in the movie industry with its first 3 movies...it is now focusing on the international presence with their two offices in New York and Hong Kong already...while their NFT development is progressing.
I really believe the strategic plan of the company is being bought by a big fish in the American Entertainment industry that is hoping to get foot hold in China's box office. Right now, American movie/entertainment companies cannot get into china's market without being partner or without acquisition of a Chinese movie company.
If ABQQ continues to expand its movie theater presence in U.S. while making movies and making money off more movies and of course the full development of its NFT platform, its acquisition will only be a matter of time. IMO
I believe this is a smart move. Company got additional $1.8 million CASH for its first 3 movies that already grossed almost 6.8 million in the China box office so it can expand its the NFT, Streaming Service and Theater business.
The reason behind the strategic move of having OFFICES in Hong Kong and New York is getting more clear now!
Sure. Here is the link to that website. Keep in mind that the Oddly Express movie keeps getting in and out of this list, depending on the time of the day, the day of the week which dictates the amount of gross they make that day compared to other movies out there that week.
https://piaofang.maoyan.com/dashboard?movieId=1433366
Very true, Unionbeach. Just like in U.S., mainly the big blockbuster movies normally take over almost of the screens in the theaters over the weekend in China. So, it is good to see some good Oddly Express movie gross over the weekend there too.
Oddly Express movie made another $44,000 on the third day of the come back on big screen!
Oddly Express Total Gross so far around: $1,355,000
All Three Movies Total Gross so far around: $6,729,000
https://www.maoyan.com/films/1396716
Thank you, Ping.
$ABQQ
Lucy's is still confused as to why all the baseless BS against the company had little impact on the company as the Oddly Express movie continues to make money after coming back to the china box office for the second day.
https://www.maoyan.com/films/1396716