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That should be clarified. It might just be that they're using IPO add RM interchangeably To indicate they will be a publicly traded company. Of course , If I am right about that then that goes back to The narrative that they don't exactly know what they're doing in trying to go public. Hopefully they will clarify.... maby someone should ask them
I am also a little confused by this connection with this crypto coin company. Anybody have any further insight on that please Post it here.
It's actually a little encouraging to see they're going with a reverse merger than and IPO. If they were so desperate for money for operations like KBaz Seems to think... They probly would have gone with an official IPO. True, They could sell more shares once they have the merger behind them, But if they need more cash for expansion then it's either dilute current shareholders or get involved in toxic debt...... If either of these options do not end in profitable growth.... Then they both have the same effect on shareholders one way or another.
Be careful Wishing for an exaggerated Stock price Once all merger issues are complete. These Merger law firms tend to like to see a high Market cap value Which can be beneficial to a new company...... But there is a potential downside to that as well. Once they fully own whatever new stock ticker they will change it to... They will at some point be judged on some level of price to earnings or price to sale basis. If the market cap is so high that their PE is something stupid like a 100 to 1.... They will be considered overvalued and can crash significantly. This is why it is important to know where we stand with their actual financials!!
BTW, Did I read kbaz Post below correctly That he thinks a reverse split would end up in a different market cap value?
Lack of communications is the worst sign for us. Does anybody think it's any consequence that the only Poster that had Direct contact with management hasn't posted here coming up on 2 weeks. He promoted this company and this manager as being upfrontAnd keeping shareholders apprised of their activities. I'm still saying that everybody here should be calling their 800 number at least once every other day and respond to their TwitterAs soon as they make any post that doesn't have significant information. Sometimes the squeaky wheel gets the grease.
3 months ago and beyond they painted this big rosy picture and said how all this great news was coming and they would keep everybody updated. If you're having issues or delays or things arent coming through on the right time frame...Then that is something that can be communicated to shareholders, At least in the most basic Communication level like Twitter if not actual Press releases. A picture of a truck with bags of marijuana is not The type of communications we need. Oh ya, Don't set up share dilution offers Without knowing what you're doing 1st. If they had given some basic communication or some updates or some encouragement than the price might not have gotten to a point where the dilution news had such an impact that it did!!!
I suggest everyone call the 800 # for MKH... and Ask what's going on. Right now it's just a recorded message that says they will get back to you but if they get 20 call may be they will react
Continues to slide in a doesn't seem like They care. Anybody else notice that the one poster here that says they have a personal contact with management hasn't posted in a week. Where is Curt and what does he know that we don't. I should have pulled out what I had on that Last bump up.
Are you guys still here? Have they sold on the ice cream yet? Oh wait I forgot, Shaking millions off of micro convenient mart markets? Wait for it...baaahaaahaahahaa. How can you screw up re introducing a name brand ice cream? I told you he should have turn it over to the Girl Scouts.
Same here, This thing doesn't even have a status on stock twits but that low flow is too intriguing to pass up in case this gets some traction in the future or they find a decent company to go in here. On a side note I still think we're gonna get good numbers from SFI*. Their growth seems authentic and their expansion is Aggressive
I'm glad they finally got around to it. The question is is how long it's going to take us to get back the number of intrested Shareholders that we've lost due to stocks selling schemes and lack of information. Some actual solid revenue numbers would be helpful as long as you're not a huge negative. I have a sneaking suspicion they're killing the whole crypto idea, At least for now. At least we can be cautiously optimistic. Just keep that news coming and the fluff pieces flying.
Kabage, everyvery once in a while I go through this little town in Indiana that has a Doughnut making operation and a small retail store in front. About 20 employees. They have since grown to 4 more retail stores. I only know about it because a friend is involved in the operation and knows the financials. This smallish Opperation with now 5 retail outlets, And supplies a small grocery chain, has revenues of 8 the half million a year. So you are right in that anybody can set up a bakery and retail outlets.... But if you think what is almost 30 stores along with the bakery another Agra company and other businesses is generating a few $100000 a year...... You're really not qualified to comment here. I posted a while back that Duncan stores generate over 3/4 of a Million a year. Ed we don't even know the extent of the other businesses. So unless you know more specifics than the rest of us, Maybe it would be better if you showed some other stock tickers the error of their ways for a while!!!!!
Tell them to hurry up before the price collapses more and so Kbaz can be proven WRONG once and for all. Tell them to send a couple dozen donuts so we can test them out!!!
Yo Curt, call your bud and tell him his investors are gettin peeved. lol
GIVE US SOME FRIGGIN NEWS....NNOOWWWW!!! Second or third 1000 share sell and it will be at 012 again. EMAIL IR....what have you got to loose. May be they will send us a picture or a Crypto or something. Stop making promises you dont intend on keeping...sure way to tank a stock!!!!
I sent this to MKH Investor Relations...I suggest as many as you do as well.
The stock price has been bleeding for weeks. Then a botched share sell. Normally a patient investor, but you guys need to do something..SOON!!!! PRs were promised....so far SILENCE. Update on financials, mergers etc were coming soon....NOTHING, A tweet of a picture of a van with garbage bags...NOT DOING IT!!! The Market Makers are showing signs of letting this run but there is NO VOLUME!!!! Partly because there is NO NEWS!!! YOu guys want to be a publically traded company..then act like the shareholders matter!!! Please give us ANYTHING....SOON!!!
MMs willing to let it run..IF it had ANY volume!!!! PRs needed...NNNOOOWWWW!!!!
Decent day...where is everybody. News, Update?
Its not about serving on Board of directors or committee etc..Its about OWNNERSHIP of shares. $5B company allowing a "any ONE" to have 90% control....not a trust or actual owners!???? Show me the connection to the larger company then may be some believability. P.S. EVERYBODY says " we're Uplisting!!!"
I was entrigued and look at this as well. I think your right in that Hong Yuan Holding is NOT the same as Hongyuan Holding(S). The new Pres and majority share holder has no connections to the larger company that I can find. If this was a merger with the $5B company the share ownership would by in a trust or majority owner of the larger company. THey might be using this name to hope investors will "assume the connection". If anybocy has other evidence the new "owner" has connections to the larger Hongyaun, please sow it. BTW, GOFF is George Sharpes baby.
Thought you had a phone number to.... Don't suppose you wanna let one of us have that?. Since he at least acknowledges your emails maybe you could at least confer with the strongest urgency how much of a mutiny he is gonna have on this hand soon. Which email are you using?
You're the one that has the personal Connection with management. This bleeding is getting ridiculous. They screw up how they introduce this share purchase and then tell us that information or P r's are Soon. It my books soon means less than 2 weeks or at least less than a month. They could be sharing more on Twitter other than a picture of a truck withGarbage bags. I am very close to dumping the whole thing and moving on.... I know that doesn't matter to anybody here but if I'm as frustrated as I am right now you can imagine there's going to be a lot Of others bailing soon. They need to take their future investors more seriously and give them anything legally that they can. If they're having problems or something is delayed then let everybody know It!!! The level of silence here is unacceptable.
The longer they wait the more weight It gives to those with a narrative that they really don't have anything or that the merger is a fake at cetera. You're also dealing with a stock that has its value based in a foreign country which in of itself Gives people doubt. It's not that I don't think they're legit but they may not beAs big as we think with revenue / profits. These factors make it doubly important for them to give all available encouragement They can during this process. There are other ways then direct P r's That they could be doing. Offering articles for American publications, Posting updates on Facebook.... Even if it's just saying they're close or any specific reason that might be holding them back. They're going through all this trouble become listed on A US exchange... Baby to know to do that successfully there should be constant investor relations updates and information as much as possible.
I know that when I post I sometimes come off as impatient..... That's only because I am. We need that flurry of PR material sooner than later.... Some good financials would help And get rid of this selling extra stock crapp if you can. Get ahold of your CEO buddy and tell them we need info now and Consistent!!!! Also, Come on guys you need to start spreading the word and getting this into Other investment site media.
Can someone go post on their Facebook or website or whoever has a contact and tell them to hurry the heck up we need some numbers. This is collapsing. They wanna be part of the US stock market than they need to act like they care about it.... And their stockholders
You guys want to correct this problem, Here's how!!
Every investor here spread the word to every site they can think of but most importantly a couple 100 should post on Wall Street bets on reddit.( There is a penny stock sub reddit) They love a good underdog story so given the specifics about being denied after dipping on the last day of the Evaluation period. There's probably a bunch bailing due to AMC price collapsing so you can imagine if a few 1000 Investors take up the cause A dump about you that AMC profit into Here!!! Sitting on your hands and complaining isn't going to do anything so be Proactive at start drumming up some sympathy this situation!!!
OMG, George Sharpe is the biggest Wolf in sheep's clothing out there. The only Value the company's he deals with have are from his brainwashed loyal followers that pump up his post to get a short term profit. Humb* Is a success?... maby if you got in on the 1st couple weeks of the pump but look at where its crash down To since then. Half a billion dollars market cap For one of his other RM plays right now, for a shell company? What happens when a small company gets stuck in to that shell and once it's completed RM, have a valuation With A P/E of 500. ? That new company's stock will go nowhere for years Or collapse under the overvaluation. The difference between SFIO and a George Sharpe custodianship takeover is that The tickers hes dealing with ...we have no idea if or what will end up in there or if they will even be viable at all! George has had a few badd setbacks recently and in a couple cases through in his shareholders under the bus because he can't keep his big mouth shut. So you are right in that there is no comparison.
This is the end product of a reverse merger. There are a number of stock tickers at the beginning of the process. George Sharpe who seems to be the king of OTC reverse merger, He has totally defunct companies that he is just on the 1st stage which is custodianship.... One of which already has a 1/2 a billion dollar market share. The others have been pumped up to tens even hundreds of millions of dollar market cap... For a defunct shell!!! Anyone that thinks SFIO is a gamble compared to what else is out there.... They really have no Business being in or commenting on the OTC market. Of course it's a gamble.... All of OTC is a gamble. How good this one turns out to be pretty much depends on the valuation of what they have under their umbrella.... Compared to these others I spoke of..... I will take this bet any day!
This management is definately not knowledgable about US OTC nor have an organized plan. Given all delays, as soon as they knew they secured the reversal of status, thet should have lined up, no less than 3 weeks apart, announcements and PR pieces with specific operations info, actual financials, 2 or 3 fluff pieces. Initial momentum is key to a higher "settling" stock price. It's like they dont care
NEWS!!!! NOW!!!!! BEFORE NO COMING BACK!!
Why does this company even wanna be listed on US exchanges.... Doesn't seem like they really care to do what's necessary to keep their price viable. Oh, Will get around to it eventually.... Just hold on I'm sure we will put something out...next year... That's when we will post our next financial too!!!!
PREACH IT!!! SHOW ME THE MONEY (financials) And don't forget to pump it with some PR's to!!!
On a more interesting note, I'm not sure how they compare but I gotta admit I was a little surprised that our versions make as much as they do.
The annual sales of a Dunkin’ Donuts location range from about $620,000 to $1.3 million* depending on the type of franchise you own – freestanding store, in-line shopping center, or a non-traditional location in a gas station or convenience store. Locations with a drive-thru window will bump sales an extra $200,000 to $300,000 per year.
This is something that should or should have come out within a week or 2 of the status change. This management oversees needs to understand that OTC works best on High volume That needs to be somewhat maintained. Investors lose interest and it takes some huge catalyst for them to notice again. It stays reasonably up , And they're willing to keep it in their sights and add when they have other profits or dips. It wouldn't be so badd to lose 50% from the last stock run.... If it had been a 3 or 400% gain.... The best we got was about 50%. Look at those that got similar News about an OTC upgrade that were still trending in the top most searched stocks list..... 100 150 200% is not uncommon.
WE NEED TO SEE RERIOUS REVENUE A N D PROFIT!!!!
Hello, Anybody there, We can't hear you!!! About time for those P r's and finances you promised. But I will say this once again to everybody else. You're not gonna see any significant price movement without serious volume. You need to stop sitting on your hands and SPREAD THE NEWS AS MANY PLACES AS YOU CAN. ADD CSLI TO OTHER COMPANIES POSTS O. STOCKTWITS....POST ON REDDIT ANYWHERE YOU CAN!!! NOBODY KNOWS ABOUT IT...NOBODY BUYS....PRICE NOT GO UP!!!! S I M P L E
So basically they are the media version of "Shark Tank". But hopefully a little less arrogant. The upcoming valuation Are deftly gonna be important to the stock price. It's too badd the float is so high.... That Will decrease any potential run a little bit. This is almost one of those rare cases where a reverse split might help instead of Hinder. At least if the up list is for real And it was explicitly stated for this purpose alone
I wasn't quite sure how those IPO's came into the picture So that does go away to explain some things. Have they set valuations for these IPOs or is that still Too early? They Could merge all 3 and do it with one SPAC!! Faster, Less reporting criteria, More retail investor friendly.
Very Impressive DD package I skim through as much as I could. My biggest problem is trying to foresee the future value after reading this on their last statement.
We had an accumulated deficit of $31,766,214 at December 31, 2020, had a net loss of $202,720 and used net cash of $422,337 in operating activities for the twelve months ended December 31, 2020.
They only have revenue of a quarter of a million a year? and yet twice that much in loss last year..... Even Covid can't make up for The lack of revenue in 19.
Maybe the they'll post some phenominal growth figures for the next quarter or Win something from these lawsuits. For the impressive management they have I would expect a lot more. Am I missing something here?
Seen the stock has moved up on the most searched media charts. I know they're supposed to be filing here soon but the only information from OTC Shows them as having little to no revenue or even expenses for that fact. Is there better information about This company any Subsidiaries and most importantly credible financials that show them as A viable organization? Give me your best pitch job as to whySomeone should Invest this company.
paul@servebank.com. Tell him you want press releases an updated financials..... Now!@!
Whoever is conversing with management or is getting a response from them please forward the following message from a group of its investors....PUT OUT A FRIGGIN PR ALREADY!!!!! The farther this bleeds down the harder it is to catch up and go beyond. Given these guys so much benefit of the doubt with all the screw UPS, Many as possible need to remind them to get their act together and start putting out some numbers!!!!!!!
Because they haven't had a program of planned P r's Or equalize intervals for company information be it quarterly reports or new partners at cetera. So far with this management the type of news that would keep the stock from dropping so much.... Seems to come under the feast-or-famine approach!! There will always be pullbacks after Run UPS.... The trick is to put out good information at points in that Cycle that keeps it stepping up. You used to have to prime a pump to keep water flowing.... Same thing with OTC stocks
Omni is Mia. If it got cheaper I might buy some in a few months. These things run up until they get custodianship awarded and then they fall back. Most don't make significant gains after the initial couple run UPS, Until they're at the end of the actual reverse merger process. That usually takes many months. There could be another dead cat bounce in this... But I would put too high a hopes on it.