Jesus is alive!
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Was there a hold up there or something?
Actually I guess he sold the company to someone, but was the CEO
https://www.prweb.com/releases/umax_group_corp_would_like_to_announce_the_appointment_of_a_new_ceo/prweb15932380.htm
He is the current CEO of UMAX
https://investorshub.advfn.com/Umax-Group-Corp-UMAX-25541/
Float probably 113,911,484
If this was reinstated, it would have been done by old management, meaning Arcaro is going to lose the custodianship which hasnt been granted yet.
Wake up Lie Chen
With a float of 600k post split I would guess the spread will be ugly. I understand why CEOs do this... so they can wipe out old shareholders, but it basically renders your stock illiquid. Then, if the company does want to sell shares, it tanks the price. NBCO Neon Bloom did the same thing, now has a float of 100k, but no volume and ugly spreads.
Not sure, I just know UPCO had a 1:100 RS on a low share structure and they got denied for some reason. I was out by the time they got denied and didnt look into the reasoning.
The company approved it but it still has to be approved by FINRA
UPCO got their RS denied, could happen here
What is the story?
Wrong ticker
Looking good today!
Most volume in several years
Should be the low
Hammerkop address is the service address for https://www.incsmart.biz/ which allows businesses to have an address in that state. Many businesses has that address.
Almost 3m volume already!
61m float, might see some fireworks tomorrow
2 possible CEO options so far, both look good
Authorized Shares
500,000,000
09/30/2019
Outstanding Shares
166,000,000
09/30/2019
Restricted
104,925,933
09/30/2019
Unrestricted
61,074,067
09/30/2019
Float
61,074,067
07/24/2019
Ouch
https://www.prestigeonline.com/sg/profiles/wee-meng-koh/
Please be this James Koh lol --
With an estimated net-worth of US$1.3 billion, Fragrance Group Founder and Chairman (James) Koh Wee Meng was Singapore's 17th richest person in 2013 and ranked 1031st among Forbes' World's Billionaires.
Hammerkop address is the service address for https://www.incsmart.biz/ which allows businesses to have an address in that state.
If this is really The Fragrance Group, this is going to be way bigger than Chaing's last merger
“We are pleased to be entrusted this project by Fragrance Group and manage their first hotel in Hobart with our ibis Styles brand. Not only will ibis Styles Hobart be the largest hotel to open in the city, but it will build on the already substantial brand growth in the Pacific region as exemplified by the recent opening of ibis Styles Brisbane Elizabeth Street.”
Fragrance Group CEO, James Koh said “We at Fragrance are equally excited to deliver the first of three hotels planned for Hobart. Ibis Styles Hobart will be a fresh addition to the already vibrant city and we look forward to providing bigger and better quality hotels for the ever increasing number of visitors to Tasmania.”
Fragrance Group is already public in Singapore, maybe they want to get into the US markets. CEO James Koh worth $800mil.
Fragrance Group Limited (FGL) is an investment holding company. The Company is a property developer with presence in Asia, Australia and Europe. It segments include Property development, which is involved in the development and sale of residential and commercial properties, and Property investment, which is involved in investing in properties for rental yield and capital appreciation. FGL's development projects comprise residential, commercial, hotel and industrial properties, with over 80 projects. Its overseas development properties include its maiden project, Premier Tower, a skyscraper mixed-use development located in Melbourne, Australia, and NV Apartments, freehold apartments located in the Central Business District of Perth, Western Australia. FGL's property investment portfolio includes prime commercial properties situated in and near Singapore's Central Business District (CBD) and a seafront food and beverage outlets and an industrial building.
Hmmm,
http://www.fragrancegroup.com.sg/
The Fragrance group is into real estate, same as Chaing's last merger.
Another option: https://www.wealthx.com/dossier/wee-meng-koh/
Wee Meng Koh
Also Known As: The Geylang King, James Koh
WORTH AT LEAST $850 MILLION | 56 YEARS OLD
Koh serves as Executive Chairman and CEO of Fragrance Group.
Here is an option
https://www.linkedin.com/in/james-koh
James Koh
Currently CEO at Kuala Lumpur
Crypto Currency, p2p financial services, BlockChain, Bitcoins, Integration, Exchange, Consulting Services, Custom eWallets hardware solutions, eWallets recovery SAAS solutions, and Financial inclusion
Crypto Currency, p2p financial services, BlockChain, Bitcoins, Integration, Exchange, Consulting Services, Custom eWallets hardware solutions, eWallets recovery SAAS solutions, and Financial inclusion
Yah, if it is this dude i see him on yahoo fantasy app
https://twitter.com/JamesDKoh
It does... IGNG owns LVCA, JC is an advisor for IGNG
Gap from 9/26 filled
Stink bid at .20
JC is an advisor to the parent company IGNG. IGNG initially said they weren't going to use this shell after they bought it and went with another ticker because they were current on their filings. But they have since continued to update LVCA filings.
If JC is looking for more shells, this would be an easy picking with his connection.
JC shows up, next day we are up 50%
Not an imposter
Thin like my hairline
Ameritrade still $7 on otc
Doubled up, but shares are harder to get
Would be cool to see what would happen if we got a 10-20mil trading day
Doesn't apply to OTC stocks unfortunately
1.4M Float! This one might be fun to watch
At $1, the market cap is only $7mil with an OS of 7.2m!