Lol. I have never seen those “signal” blocks used for anything other than retail to screw with other retail. Maybe once upon a time these meant something, but I highly doubt it does today with all the visibility.

They are profitable with btc in the $30k’s. What you will see is smaller mining companies go bankrupt first.

If btc can’t hold $30k’s, FWAV stock should be one of the lower concerns. The broader market will be much worse by that point.

I like slide 4... particularly the number at the bottom. This was May 2020 it looks like... That's a big pie, even if we only get a small piece.

https://pt.slideshare.net/gasamia/company-profile-of-tienpou-group-nam-liong-group

Just sitting in a corner babl’n incoherently to myself from the trauma this ticker caused… lol.

One of the reasons this has me so perplexed is the management is circular.

Ta Hsin registered the Orient Express and Co trademark. Orient Express falls under Apollo Global, which appears to be owned by Hsu. Ta Hsin shares an address with Sky Cosmos Limited, which is run by Hsaio our CEO. Sky Cosmos is part of Nam Liong, which shares our "principal executive office" from one of the last filings.

It's almost as if KRBF is run by Hsaio, owned by Hsu, who in turn is actually owned by Hsaio.

Don't underestimate the fact they want to stay SEC reporting.

What’s the typical otc formula?: small or one man management team, pump the hell out of it, issue convertible preferred shares to owners/seed investors, dilute commons to hell, reverse split, convert preferred to sell, run away with $$$$$$ and leave the bag holders….?

Has this been designated unmarketable? I’ll give them a call. I know a few others folks have had a hard time getting rid of dead tickers. Brokers not designating them unmarketable until there had been no trades for a long period of time.

Looks more like Second Life. I’m not sure there’s much of a market to steal from somebody who has been doing it for decades…

https://secondlife.com

The best hope is they are trying to provide a service similar to this:

https://www.firsttexashomes.com/multimedia/3d-tours/

Looks like something already widespread in the market…

Or they referred him to all of their service providers because he has no staff to maintain a shell… I’m sure they are top notch… like the guy that sold the shell…

It’s because Cooley / Krisa is in Sugar Land, a suburb of Houston.

This could very well be a new joint venture that isn’t worth much but I don’t think so. Some like to hedge their bets. However, I am feeling very confident here.

You never know. Could be a flipper. Could be somebody just flipping part of their holding for some profit. It won’t matter once the announcement is made.

Good thing their business model uses high performance computing / encoding to keep the lights on.

It’s $2.4B New Taiwan Dollars. That’s around $86M USD. However, Nam Liong Global is not Nam Liong Group. It’s just one branch. Nam Liong GROUP could be worth who knows….

From an old WIP(?) subsidiary website… take this with a grain of salt but just wow…

http://60.248.150.68/English/About/Group.php

$60B NTD turnover…. That’s >$2B usd.

NVSOS updated this morning with officer information. Progress…

He essentially controls and votes for 88% but doesn’t own them. We’ll see what happens. He is the CFO for the Nam Liong Group. Our Principal office is the same address as the Nam Liong Group.

I still feel like the most likely scenario is they’re rolling in the Nam Liong Group. They paid $420k for this with $49M in tax losses. That’s huge. Profits route through Samoa.

That L2 is juicy…

You have no choice but to wait. Tried selling, wouldn’t sell. I’ll wait…because I have to.

Wish I knew who Hsueh Ni Chen was… twice the ownership of the siblings.

The high side possibility is this is a multiple merger. Pg Max aka Terraquip aka Mars Global aka Apollo Global and Orient Express aka Ta Hsin aka Nam Liong. Knowing Hsueh Ni Chen’s position in all of this would make it a little more clear.

If nothing else, the principal address right now is the same as the Nam Liong Group headquarters…. So there is that. Lol

Do we know much about them? Looks like they have interest in ATAO and USBL.

Unfortunately, the simplest solution is usually the right one. It looked like a duck and quacked like a duck. Now we’re surprised it’s a duck.

I’m in big here. This merger has all the pieces to be a big one. Very connected management, micro float, huge insider ownership… considering just one arm of their parent company has a cap of around $80M in Taiwan. The reverse split already happened. Ownerships shares issued. There is no reason for them to hold back on adding value here. The outside ownership % is negligible.

Many merger plays are losing their luster. There were a few big custodian led mergers 2019 - 2020 that hyped the merger space. All of the big outfits (SSM, Synergy, Alpha, etc.) have been bringing in a large number of companies that underwhelm. Maybe investors have too high of expectations? Who knows, but this is one of the last merger plays out there with a real possibility of pushing a cap over several hundred million. Hard waiting for new info.

Could have an acquisition 8k drop at any time.

It’s not. I know who has the buy order ;)

I feel better knowing SSM passed this off now. Maybe a blessing in disguise.

Usually companies try to promote themselves before/during diluting to get high dollar for the shares….A company plan, timeline, a simple introduction to the management team… Looks like this is just banging the spike into the ground until there is nothing left.

They sold T|\|B! to somebody else to sell… it had one of their best share structures and they didn’t keep it.

I feel like SSM is definitely unloading their shells quickly. Probably got in over their heads with too many shells at once and knew they couldn’t pay to keep them all current for very long.

Does anybody remember Krisa’s first ticker? I believe it was R|\|WF. Should lookup who that sold to… There were early warning signs here.

I can agree that at a $7M cap, even 8Mile Larry could give you gains from here.

These guys know how to build mega companies! Holy cow! Sky is the limit here.

One of our directors was tied to Belmond. Hsu. I was following up on my previous post with the status of Belmond today. It doesn’t affect us now but just further reinforces the connections to rich powerful people.

Belmond was bought by LVHM in 2019.

https://m.investing.com/news/stock-market-news/lvmh-to-buy-belmond-luxury-hotel-group-for-32-billion-1721624

Just shows the playground these guys seem to operate in… so many possibilities. These guys operate with the big boys.

New link I don’t know what means yet… check this…

https://www.wsj.com/market-data/quotes/KRBF/company-people

Hsu linked to Belmond which now brings our Orient Express name up again. Yu also linked to Ta Hsin development.

https://www.sec.gov/Archives/edgar/data/1115836/000110465919021838/a19-8416_18k.htm

“Amendment No. 3 to Amended and Restated Rights Agreement, dated December 13, 2018, between Belmond Ltd. (f/k/a Orient-Express Hotels Ltd.) and Computershare Trust Company N.A.”

https://www.sec.gov/Archives/edgar/data/1115836/000111583616000039/bel-ex21_20151231x10k.htm

Belmond Holdings 1 listed as a subsidiary of Belmond Ltd.

Constantly updating us on btc daily movements is not discussing the merits of FWAV even if they are a mining company. It clogs the board with useless posts. The daily fluctuations of btc don’t matter to FWAV and don’t really influence stock price.

KRBF
14.7 OS
<300k unrestricted

Merger in progress. Directors are executives of Nam Liong Global. Address of Principal Executive Offices from 8K matches as well. SEC reporting.

https://www.otcmarkets.com/filing/html?id=15430754&guid=eMSwkHXtV1_lTch

http://www.namliong-group.com/en/groups.php?id1=1

I wouldn’t be surprised if something happened last week and we just haven’t gotten the announcement yet. Either way. I’m excited here. I think 2022 will be good for KRBF.

Can’t wait for the merger announcement… could happen at anytime. I really hope they were trying to get this done prior to the new year.

I think that’s what happens when the MM shorts it. A trade goes through but it technically never hits the tape, so it doesn’t move the price. Not sure though. If so, that means 185 shares still need to be purchased by that MM. The algo governing that trade is probably anticipating a sell to cover it. I really don’t know. Just my theory.

Trades occurred and price didn’t move. Looks like an MM may have shorted and may be on the hook for 185 shares… c’mon, push this to $3!

Another thing to remember… while Hsu is sole director of OEC, he may not be the “owner”. If OEC is purely a tax corp, then having your CFO be the sole director is not strange at all.

Also remember, the Hsiao siblings and Hsu all got 110,000 shares. I’m guessing they expect that to be “enough” regardless of how many still lie with OEC.