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You truly are shameless.
Mind blowing that our CEO has almost a half a million dollars tied up in this shell and has been a CFO for a huge Chinese holding company for 20 plus years and he can’t complete a f*ing merger.
This was one of the best set ups I have ever seen on the OTC and Hsu has completely shit down his leg. Pathetic.
CC3
Only off by 3 million shares.
This is the best post I have ever read by you. If people are being honest, it’s spot on and I am long here.
CC3
I’m with you. Very frustrating.
I don’t think Hsu will get us current until he has a buyer. He is tired of hemorrhaging money. We could be dark for awhile this time.
CC3
Yeah, he’s had plenty of time to find a merging company or a buyer for the shell. I keep holding out hope that he has something in the works, but every time we are late filing, it’s apparent that he doesn’t. If we were close, he would be filing on time.
CC3
Every. Single. Time. Hsu has been VERY disappointing.
CC3
This wait, with zero movement or updates from Hsu is very frustrating. The only positive I can find with the amount of time this is taking is….you have to believe as connected as Hsu is, that it would be relatively easy to find a “start up” Chinese company to merge in.
I believe the fact that it is taking so long tells us he is looking for a decent sized company to merge in. At least I hope that is the case. Either way, he needs to get a move on.
GLTA
CC3
Completely agree. As long as he keeps paying the money to keep us current, we are still in play. Hopefully, we get something soon. I have a lot of money tied up in this one for a very long time.
CC3
At least we didn’t go dark this time. Lol
https://www.otcmarkets.com/filing/html?id=17556160&guid=dZQ-kppUa5ECJth
CC3
Yep. He’s definitely trying to put something together, but the fact that he’s late tells me nothing is imminent, which is a little discouraging considering how long it’s been since the Sky Cosmos deal fell apart.
It is odd to me that he is struggling so bad to put a deal together considering his long history with Nam Liong.
Oh well, I’ve waited this long…..
CC3
Thank you. That is definitely positive news. Thought he was throwing in the towel.
Now find a merger partner, Hsu!!!!
CC3
I think it’s become apparent that he’s incompetent. He botched the deal with Sky Cosmos and now it’s obvious he simply can’t put a merger together. For him to file the extension paperwork and still let it go dark is just another example of a guy that is in over his head.
The shell is still very valuable in the right hands. I am hoping he can sell the shell to someone that knows what they are doing. Hsu is a clown.
CC3
Yep. I was nervous that he was gonna let us go dark.
The post is laughable.
Nice catch. I hope you are right.
CC3
Agree. It was pretty much a nothing burger, but as I have said before, I am just happy he continues to spend the money to keep us current. Would really like to see us be able to trade freely w/ MM’s so I hope you are right.
CC3
That’s why I refuse to sell until I know the outcome of the merger. Hsu has to find a company to get a ROI. He’s not going to walk away from a half a million dollars. That’s why he’s paid to keep the shell current.
As you said, the S/S is set for a massive move on ANY good news. This thing was at $10 on the last good news that fell through.
C’mon Hsu make it happen and let’s ALL get paid.
CC3
Somebody bit off a chunk this morning. Hopefully that is a sign of things to come. I’ll take any glimpse of good news at this point.
GLTA
CC3
Thank you
At this point, I hope he sells the shell. I’ve lost faith that he can put another deal together after the Sky Cosmos merger blew up. I mean, if u can’t close out a deal w/ people u have been working w/ for 20 years, I’m not sure u will be able to put something else together. It is pretty disappointing considering all his connections in Taiwan/China and stellar resume.
CC3
Yeah, I didn’t see anything new either. The waiting game continues.
CC3
This is what I’m hoping as well. It doesn’t make sense that he would let us go delinquent when he has been diligent in keeping us current for so long.
A common reason for extension filing is a merger is taking place. Let’s hope that is the case here.
GLTA
CC3
I hate to hear that u had to sell w/ u being here so long. I thought I’ve been here a long time, but u have me beat by quite a bit. I’m glad u still have a good position and that u remain bullish.
I hope Hsu rewards our patience by rolling a profitable company into our shell.
I hope the proceeds from the sale helps your current situation.
GLTA
CC3
Until we get news, bid sitting in the way to go here. As discussed on here, some investors are going to need money are going to forced to liquidate. This is unfortunate because anyone that has a large position has been here for a very long time.
I am blessed that I don’t currently need money so I can stay the course. I wish Hsu would at least give the shareholders some sort of update as to his goals, but the cultural differences between the Chinese and Americans seem to be at play. He’s definitely not “pumping” his valuable shell in ANY way, which leaves all us guessing as to what the next step will be and the timeline in which it will take place.
Unfortunately, it’s same ole, same ole for now.
GLTA
CC3
Thanks.
The waiting is the hardest part.
-Tom Petty
With Hsu’s long history at Nam Liong as their CFO, I am surprised it’s taking him this long to find a fit for this shell. You have to figure he is very connected.
At least he’s spending the money to keep us current which tells us he is actively working on finding us a merging company.
CC3
Nice!!!! We know you are part of the “stronger hands” team. C’mon Hsu make it happen!!!
CC3
It appears the seller at $1 is gonzo.
CC3
Thank you very much. I didn’t know that.
Got it.
Thanks
I own right at 8% of the unrestricted shares.
CC3
Unfortunately, I don’t know the answer to your questions. Do you think Hsu is going to cancel some of his shares?
CC3
I looked through it and I don’t believe there is much added from the 8-k. CDC was mentioned in the 8-k as well. I’m not sure what Hsu’s end game is w/ switching Samoan companies, but it tells me something is happening. I guess we are going to have to see how it all plays out. He’s not spending all this time and money making these moves and keeping us current to sit dormant.
GLTA
CC3
Thank Bud. I’ll dig in when I have a few minutes.
CC3