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Let them sell. They’re flipping 15s for 18s for weeks now. That’s what happens when you’re in a sideways trend. Flippers love the predictably yet small profit margin.
Glta
How so? Last thing I’ve seen updated is the contact info. Share structure still the same.
The bounce back will be big, green, multi-day candles. But first this will go much lower. I’m thinking the bottom will come in around 0.0025 if 0.0031 doesn’t hold. Snap back will be nice though. My opinion: hold and accumulate.
Glta
Funny thing is the accumulation line is still sky high ever since the 5.6b share a day a month ago. Something’s coming!
Glta
Can anyone here confirm the relationship between Chen Ren and this company?
Not much of a profit margin when you’re in a 17-18 range almost all day
Very true. We will see. It’s on my radar.
Glta
I lost my a** on this turd about 10 years ago when it was still trading in the dollars. This company is pure garbage. Why anyone would willingly throw their money away like that makes no sense to me. I did and regretted it. Got much wiser though.
Glta
She’s pushing back. I like it. The rising wedge is in full effect. Good to see.
$SBES
The accumulation line has been sky high and steady ever since the 5.6b share day a month ago. Everyone is accumulating and holding. Guess we will find out soon why that is.
Glta
Agreed.
Good looking chart. Rising wedge formed. Golden cross imminent. I think we are at the beginning of a new uptrend.
$SBES
Transparency and lack of communication are oxymorons aren’t they?
I agree with you that they need to do something but let’s look at the requirements to get uplisted to nasdaq;
-$4 minimum share price
-current otc ticker that’s been trading 1y+
-2 recent financial filings.
They’ve satisfied 2 of 3 requirements. The $4 minimum share price has exceptions ($2-$3 if it’s allowed). Merge in another company, reduce the share structure and it’s possible. First they need to file the 8k though. Becoming current is the first step imo.
IF they follow through and actually do what they mean the this is all very possible.
Glta
Good morning SBES. Hoping to join your ranks today.
$SBES
Oh no...she’s back. Go ahead...bash away ma’am.
Glty
About right. This bomb will go off eventually and take peoples heads off. I can’t wait.
Glta
Next leg up should be a big candle in the 0.006-0.008 range imo. Then a retrace, then some more consolidation. Then uplisting to nasdaq (hopefully).
MACD crossing over soon. Going to turn bullish in hurry.
Glta
Bottom is nowhere near in. The last week was merely a retrace on a downtrend. The retrace is done. This is heading much lower. Your next support level will be in the high teens before the next leg up.
Or the Chinese leaked TGGI as the vessel for nasdaq listing at their last public calling, causing asian investors to front load this thing. Or the company bought back a ton of shares. Lots of theories at this point but no proof.
We’ll have to wait it out.
Glta
What? Sorghum only grows once a year and requires a delicately balanced climate including the purple soil that is only found in the Guizhou valley.
There is no nano wine or any of that nonsense. Chinese are steeped in tradition. They will not accept Bajiu made in a modern day lab. Maotai liquor production is rich in tradition that has been followed and passed down form brew master to brew master for hundreds of years.
I respect their processes as well as the time it takes to produce the product. So should we. There is no get rich quick scheme with maotai liquor. Companies that produce maotai liquor have steadily rising share prices. Patience is the key here
The new Chinese management has filed only twice, back to back in order to get the Qs out. Doesn’t mean they are tied to those dates. In fact, I don’t think those dates mean anything. They just happened to file when they did. We will get news when they have everything lined out.
I am curious to see the next financials come out. That should be insightful.
Glta
I’d rather there be a good reason for a shot to the moon. Not in to pump and dumps. I want a legit company that will grow on nasdaq over the next 10 years.
I doubt anything will happen this week. I hope I’m wrong. There’s just no evidence of anything happening yet. In due time though. In due time.
Glta
Until the I need a lot more shares. Hit the bid people!
Glta
Went bye bye real quick.
Market cap is irrelevant right now. Wait until after the merger. It will be much...much bigger then.
Glta
*uplist
They’re using TGGI to upload to nasdaq. I think it’ll all happen at one time from the sounds of it.
Glta
It’s incredible to think how close people invested in this company are to becoming rich....or completely broke. It all comes down to confirmation by the company and becoming current. Some may want to harp on financials but honestly those will fall in line especially with the market cap in the maotai market. Not worried about revenue tbh. We already know the market for the product is red hot.
TGGI, time to get current and put out a PR!
Glta
1:4 reverse split. Yeah it’s suck a bit but could be necessary to drive share price. In that case you can’t have enough shares of TGGI.
Glta
I don’t need strength. I need more cash lol
(See early retire’s link)
I don’t know how some are still having issues making the connection here. It’s been stated. It’s been proven. I thought I was skeptical but some people on here are on a mother level.
If you’re scared to lose it all because you think there’s no connection to TGGI then by all means sell everything you’ve got got. Odds are though you won’t sell anything because you are afraid of others being correct and you missing out of lots of money.
Make a decision. Buy, sell or hold.
Link doesn’t work.
Feiyang Ren is the chairman of the board over Zuixiangui wine AND tggi. So where is the missed connection? Zuixiangui’s website is not going to poster TGGI all over the place. It was already brought up at the public calling. It’s covered. Now we just have to wait for the confirmation via PR. Hold the shares and ride this on the way up. This isn’t a Matt Dwyer ran pos anymore. It’s something else entirely now.
Glty
Until the merger is done, ticker current and financials released none of the stuff you find on the otc is relevant.
Glty
https://finance.yahoo.com/quote/TGGI/community?p=TGGI
Go to “conversation”. 3rd comment down translated from Chinese in to English.
Anything else you couldn’t find?
Glty
You search it. We know for a fact Zuixiangui is the wine producing entity getting merged with TGGI. All you need to know you can find by searching for the company.
Well hopefully we’ll know soon enough.
With this share structure...I’d like to have it reduced a bit but hey...to each their own