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I can post the link to the docket when I get home where I have that kind of stuff saved.
The dismissal was done voluntarily by the Plaintiff and from what I remember there was no stipulation of settlement on there, so I would say that’s favorable to EGOC.
This was in state court, there was a separate federal court case that was dismissed in 2014 that did have a settlement ahead of a trial date, but they don’t post what the terms were.
That case was dismissed 8/17/2017.
$EGOC Direct from a Chinese government site. Not an unreliable 3rd party site. The government site is official and smarter to use than a 3rd party site that may be incomplete or be more of a subscription and advertising service for businesses. The real deal is https://www.gsxt.gov.cn/index.html which is organized by the State Administration for Market Regulation
I will stick with what the Chinese government has to say about businesses and the status of their registrations in China.
Zhonghong Pango, Shanghai Yicheng Culture Communication, and other subsidiaries are all active, registered and in good standing in China.
On each individual company profile page you can even click on links that say "Administrative Penalty Information," "Abnormal Business Operations," and "Information on the List of Serious Violators and Untrustworthy (Blacklist). You will find that each and all of these businesses are clean.
It's easiest to use the USCC number to search. There are some captcha games to get through. Most are easy but one requires reading Chinese. It only has 3 things to put in order so I can usually get by it after a couple tries by guessing.
Put the USCC codes in the search box.
Play the Captcha game.
An entry will come up.
Click on it.
More detailed information will come up showing it is currently registered, dates of approval, regional office that gave approval , legal representative, and lots more.
Any statement to the contrary is lying.
Anyone can go to the website and search using the instructions I provided to get the exact same result and see that I did not fabricate the screen shot.
Someone owes the rest of us an apology. Here you go.
https://www.gsxt.gov.cn/index.html
Company (Unified Social Credit Code)
????(??)?????? - Zhonghong Pangbo (Beijing) Group Co., Ltd. (91110114MA04BQPQ3H)
???????????? - Shanghai Yicheng Culture Communication Co., Ltd. (91310113MA1GMGPQ9U)
????????????° - Shandong Pangbo Health Technology Co., Ltd. (91371702MA3W0PY57B)
?????????????? - Shandong Pangbo Brand Operation Management Co., Ltd. (91371702MA3WDX1Q1P)
?????????????? - Shandong Pangbo Cross-border E-commerce Co., Ltd. (91370704MA7J7DJYXJ)
???????????? - Hainan Pangbo Industrial Group Co., Ltd. (91469033MA5TM8EH29)
???????????? - Shandong Pangbo Enterprise Consulting Co., Ltd. (91371702MA3WDGAE4U)
????(??)???????? - Zhongnong Heyuan (Beijing) Science and Technology Development Co., Ltd. (91110114MA04CRR36F)
?????????????? - Beijing Baiweixiang Yisanjiu Food Co., Ltd. (91110112MABUXP694B)
?????????? - Shandong Hengze Agriculture Co., Ltd. (91371700MA7J209722)
Junk website. The real deal is https://www.gsxt.gov.cn/index.html which is organized by the State Administration for Market Regulation
Put the USCC codes in the search box.
Play the Captcha game.
An entry will come up.
Click on it.
More detailed information will come up showing it is currently registered, dates of approval, regional office that gave approval , legal representative, and lots more.
Any statement to the contrary is lying.
The government site is official and smarter to use than a 3rd party site that may be incomplete or be more of a subscription and advertising service for businesses.
I will stick with what the Chinese government has to say about businesses and the status of their registrations in China.
I provided the source for the information. I provided the USCC codes to get the information.
I encourage everyone to use the site, look up the company profiles, see they’re current and registered, click around the links at the top of each profile to see that none of the Pangbo companies have any black marks or actions against them.
Don’t take my word for it. Don’t take his word for it. See for yourself.
I have 100% confidence in my DD here.
By the way, the name of this site is « National Enterprise Credit Information Publicity System. »
Everyone can see that for themselves too.
Direct from a Chinese government site. Not a 3rd party site that some Rando can't seem to get to work even though I could.
Zhonghong Pango, Shanghai Yicheng Culture Communication, and other subsidiaries are all active, registered and in good standing in China.
On each individual company profile page you can even click on links that say "Administrative Penalty Information," "Abnormal Business Operations," and "Information on the List of Serious Violators and Untrustworthy (Blacklist). You will find that each and all of these businesses are clean.
It's easiest to use the USCC number to search. There are some captcha games to get through. Most are easy but one requires reading Chinese. It only has 3 things to put in order so I can usually get by it after a couple tries by guessing.
Someone owes the rest of us an apology. Here you go.
https://www.gsxt.gov.cn/index.html
Company (Unified Social Credit Code)
????(??)?????? - Zhonghong Pangbo (Beijing) Group Co., Ltd. (91110114MA04BQPQ3H)
???????????? - Shanghai Yicheng Culture Communication Co., Ltd. (91310113MA1GMGPQ9U)
????????????° - Shandong Pangbo Health Technology Co., Ltd. (91371702MA3W0PY57B)
?????????????? - Shandong Pangbo Brand Operation Management Co., Ltd. (91371702MA3WDX1Q1P)
?????????????? - Shandong Pangbo Cross-border E-commerce Co., Ltd. (91370704MA7J7DJYXJ)
???????????? - Hainan Pangbo Industrial Group Co., Ltd. (91469033MA5TM8EH29)
???????????? - Shandong Pangbo Enterprise Consulting Co., Ltd. (91371702MA3WDGAE4U)
????(??)???????? - Zhongnong Heyuan (Beijing) Science and Technology Development Co., Ltd. (91110114MA04CRR36F)
?????????????? - Beijing Baiweixiang Yisanjiu Food Co., Ltd. (91110112MABUXP694B)
?????????? - Shandong Hengze Agriculture Co., Ltd. (91371700MA7J209722)
The question marks are due to iHub not allowing Chinese characters to copy and paste.
If you’re interested in what the Chinese names for these companies are, you can find them in a post of mine on the other site.
I'm not inclined to help anyone who is acting in bad faith.
Buyers got more shares for less money on the bid. Sure seems like it went very well for them. There is a time and a place for ask slapping, but when sellers can be counted on to trade poorly possibly induced by the illegal spread of false information here, then that's smart trading.
Anybody who sold based on the false information that was published here this morning deserves it.
https://www.otcmarkets.com/stock/EGOC/profile
See? Two different people. One is President, the other is Treasurer.
Basic DD really isn’t that hard.
Wow.
Liu Chuanyi and Liu Chuangong are two different people. Both are on the EGOC board and both are involved in multiple Pangbo subsidiaries.
You didn’t shoot the crap out of anything.
You didn’t even get Pangbo’s name right.
Wow.
Ihub won't let me copy and paste Chinese characters. It works fine on the message I posted on the other board.
Nice. Here is the Aiqicha (Chinese business database) entry for Shanghai Yicheng Culture Communication. How do we know it's the right company? Liu Chuanyi and Liu Chuangong are both listed as shareholders. They are both EGOC board members.
https://aiqicha.baidu.com/m/detail?pid=84431538559238&entName=%E4%B8%8A%E6%B5%B7%E6%98%93%E7%A8%8B%E6%96%87%E5%8C%96%E4%BC%A0%E6%92%AD%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8&VNK=270ee4b9
This really isn't that hard. It does take a little effort and experience though. Some words translate from Chinese characters to English letters and back in weird ways. "Culture Communication" is a common phrase used in Chinese tech and media company names.
So just because words translated from Chinese characters into English letters (like "Yicheng") look similar in English letters, they are different words with different corresponding Chinese characters. Here is Shanghai Yicheng Culture Communication Co., Ltd. written in Chinese:
???????????? [Edit: ihub won't let me copy and paste Chinese characters]
Don't let the criminal with the multiple screen names try to cause confusion.
There is no confusion here.
Yes, the DD and research connected the EGOC board members to Pangbo and its subsidiaries long ago through filings, press releases, business databases in China, many different news sources in China, and Pangbo's own website and social media.
It's been settled for months.
The only thing left we don't know is which of these subsidiaries will be brought into EGOC. From the recent press release, it sounds like a lot of them. I'm comfortable with what I have found to wait and see.
No criminal manipulator who keeps changing his screen name and opening new ihub accounts is going to change my resolve.
Heard about that IPO…amazing.
Pangbo subsidiary Zhongnong Heyuan (Beijing) Science and Technology Development Co., Ltd. has the Heyuan Farm app. Here's some info about the e-commerce app, Pangbo's 139 black pig brand and retail outlets.
https://www.banyejijiao.com/676.html
Here's an article further establishing the connection of this subsidiary to Pangbo Group.
https://baijiahao.baidu.com/s?id=1732429394499970836&wfr=spider&for=pc&searchword=%E4%B8%AD%E5%86%9C%E7%A6%BE%E5%85%83%E5%BA%9E%E5%8D%9A%E9%9B%86%E5%9B%A2
While the black pig industry doesn't at first sound like something hot to get into, bear in mind this is one part of Pangbo's business. And the high-tech way they're going about it has further implications for all areas of agriculture to increase efficiency and profits for farmers large and small.
This subsidiary is registered to EGOC Treasurer and board member Liu Chuangong.
https://aiqicha.baidu.com/m/detail?pid=949482...K%3D54f8c629&VNK=2957d218
https://www.otcmarkets.com/stock/EGOC/profile
I leave it to everyone to draw their own conclusions about what assets might come into EGOC. But the assets and businesses described in the 7/26 press release sure do match very closely what many of us have been finding about Pangbo and its principals who are also EGOC board members.
PGLOD to FWFW effective tomorrow.
Sure looks like exports are part of the plan too.
I found Pangbo Group subsidiary Shandong Pangbo Cross-border E-commerce Co., Ltd. with EGOC board member Sun Peng at the helm to take their business international.
https://gongshang.mingluji.com/shandong/name/%E5%B1%B1%E4%B8%9C%E5%BA%9E%E5%8D%9A%E8%B7%A8%E5%A2%83%E7%94%B5%E5%AD%90%E5%95%86%E5%8A%A1%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8
https://www.otcmarkets.com/stock/EGOC/profile (see the board member section)
This relates to this section of the recent 7/26 PR:
"As a connector, the Group, through this acquisition, is expected to assist EGOC in accelerate its establishment as a global strategic centre in the Asia-Pacific region. EGOC, based on the world's freest commercial and trade port, will combine with international and deeply subdivided business services, and allows to empower the Group's domestic industrial chain to upgrade, in order to expect and realize its superposition and reorganization of the advantageous resources of multiple cash cow industries. The innovative business solutions by PB International will be able to deeply complementary with future development of EGOC, it also will deeply cultivate with future advantageous chain, anticipates in return more excellent products and services to customers worldwide, and also layout a solid foundation of future international development for EGOC."
Middle
I know. Just setting the record straight.
One company is the subsidiary of the other. It’s as simple as that.
Exactly what they merge into EGOC remains to be seen but what they described in the PB International Enterprises PR is exactly how Pangbo describes itself and how it is described in many articles in China.
The people described in filings are exactly the people who control Pangbo and its various subsidiaries. This was established long ago beyond a doubt.
This isn’t my first trip around the block and I won’t be fooled by piss poor and incomplete DD.
Thanks, I am terrible at getting links to work on these forums.
It just seems to me they wouldn't have delayed for so long and then come out with a PR if things weren't just about ready. The DD is all where it should be so I am completely comfortable here. Especially given this recent development where they signed a cooperation agreement with another company.
https://baijiahao.baidu.com/s?id=173951402936...amp;for=pc
http://k.sina.com.cn/article_6192937794_17120...1vqe6.html
The partner, China Shenghai Group, trades on the Hong Kong Stock Exchange.
https://finance.yahoo.com/quote/1676.HK/
So my thinking is the AS raise has to do not only with acquisition(s) but also possibly some sort of share exchange agreement where they take equity in each other's business. Then also I was thinking there will probably be shares issued to various subsidiaries, investment partners, and long-time upper management employees. As well as some of the other major players and board members besides Liu Yicheng who don't have shares yet. These will be restricted, so we're all good here.
Nice job to you too. Searching the Chinese web is not easy and takes effort to be able to do.
EGOC board member Cao Yilin and his Taotaoling social e-commerce platform that was referenced in yesterday's news when they said "...smart e-commerce platform of EGOC TaoTaoLing will commit in building an all-rounded service ecology to facilitate everyday life of consumers."
On the "About" page he says they have "200,000 dealers, 10 million users; market value of 3 billion." That 3 billion is yuan, which converts to about $443 million as of today.
http://www.taotaoling.com/#/AboutUs
2nd anniversary celebration of the launch of Taotaoling, also called Taoland/Tao Territory/Amoy Territory and where is mentioned that this will reverse merge as part of the assets into EGOC.
https://hb-dzwww-com.translate.goog/p/p0i5TGKmid.html?_x_tr_sl=zh-CN&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
And a bit about the man and his ambitions:
https://baike.baidu.com/item/%E6%9B%B9%E4%B8%80%E9%BA%9F/23594586
Here’s a social media post about a Pangbo corporate conference from May 30 that lays out their plans for 2022, shows the extent of their subsidiaries and operations, and is a pretty nice introduction to Pangbo for people who are just discovering EGOC.
You need a translation extension for your browser, or copy and paste into a translation app.
Even though we are just getting new news on this ticker, there has been a ton of corporate activity this year.
https://mp.weixin.qq.com/s?__biz=Mzg3NDUzNjYy...4397569#rd
Somehow I missed on the first read, but just noticed how they dropped Metaverse into the PR, probably as an integration of their smart e-commerce platform.
ASCM is going to naked short the hell out of it today and at least the rest of the week.
It is important to remember to NEVER sell to them and force them to push up.
All they know is the stock is hot. Unfortunately (for ASCM) their algorithm knows less than I do.
Say what now?
It looks like all of the business and assets that those of us who bothered to do the DD always knew were Pangbo Group are coming into EGOC. The black pig business, healthy agriculture, e-commerce, stores, restaurants, high-tech agriculture, Taobao, Tmall. Listing to another board. All of it. Coming into EGOC.
EGOC announcement in future acquisition of PB International, intention in injection of high-quality assets, to prepare for upcoming transition to another board
PR Newswire
SHANGHAI, July 26, 2022
SHANGHAI, July 26, 2022 /PRNewswire/ -- Energy 1 Corp. (OTC: EGOC), announced that it will be acquiring the PB International Enterprise Limited (the "Group"), of which PB International Enterprise Limited ("PB International") is an excellent global innovative business service provider.
As a connector, the Group, through this acquisition, is expected to assist EGOC in accelerate its establishment as a global strategic centre in the Asia-Pacific region. EGOC, based on the world's freest commercial and trade port, will combine with international and deeply subdivided business services, and allows to empower the Group's domestic industrial chain to upgrade, in order to expect and realize its superposition and reorganization of the advantageous resources of multiple cash cow industries. The innovative business solutions by PB International will be able to deeply complementary with future development of EGOC, it also will deeply cultivate with future advantageous chain, anticipates in return more excellent products and services to customers worldwide, and also layout a solid foundation of future international development for EGOC.
The acquisition anticipates to allow EGOC to focus on advantageous industries and to achieve a good match between potential scale expansion and synergistic growth, while EGOC could actively prepare itself for upcoming transition. Through future injection of high-quality assets, it is expected costs can be reduced due to integration in industrial chain with scientific and with more efficient operation. Through such efforts, attention and rating recognition will be anticipated to brought to investors in the global capital market.
As an innovative technology-based enterprise, EGOC is planning to deeply involved in the field of modern health industry by owning a mature operation system. In the future, through developing its own technology and independent high, sophisticated and cutting-edge products and instruments, EGOC expects to provide its users a leading health management services and realize integration of society throughout the world. Combine the industry and integrate the three levels of the individual. In the meantime, efforts will be made from both the demand side and the supply side to form a strong synergy to maintain and promote health, and intends to help implement the national strategy of 2030 "Healthy China". EGOC will comprehensively deploy modern new agriculture, build modern agriculture in the black boar industry chain covering R&D, production and sales, and gradually form a new pattern of modern agricultural science and technology enterprises integrating scientific research, industry, sales, and derivatives. Also in near future, business segments such as R&D services, ecological breeding, live broadcast bases of agricultural products, community fresh food stores, community deli shops, and theme restaurants are expected to be formed to create a modern highland of agricultural innovation, talent and industrial. Smart e-commerce will help EGOC build a platform for domestic flat-combination + industry diversification development, smart e-commerce platform of EGOC TaoTaoLing will commit in building an all-rounded service ecology to facilitate everyday life of consumers. Through prospective collaboration with major platforms such as Taobao, Tmall, and Pinduoduo, our customers will be able to pay a cheaper price, which can directly reduce their cost of living and thereby improve quality of life for our consumers. By way of combining online and offline with an innovative platform operation model, it will help the growth of real enterprises and incubate many good Chinese brands, which also will revitalize the real economy and promote common prosperity.
Future development of four major sectors main business which consists e-commerce shopping guide, self-operated mall, intra-city business district, and knowledge payment. In the future, there will be more involvements in research and development, production and business development in high-tech fields such as artificial intelligence and Metaverse. Besides striving to continue in providing high-quality differentiated service products to all user groups, EGOC is anticipated to build a three-dimensional industrial system with advanced technology combined with new business models of new agriculture, big health, and smart e-commerce.
I guess there's always a chance they could merge a chain of lemonade stands in here but it's not looking likely lol.
I don't think the timing of the product rollout and the SOS update are coincidence.
Good luck in Vegas. No luck is needed for $ARAT, just patience.