Symbol change can wait. Many companies let that drag out. However, the name change almost always happens before the merger news.

Next step is seeing that name change reflected in your brokerage account. Usually companies issue a PR when the name change goes live. I’m guessing that date has been set already and acquisition documents already prepared, since the companies are under the Namliong umbrella.

I believe this means FINRA has approved the change, so we should see it reflected at any point.

Good catch.

Found this…
“In either case, a preliminary Schedule 14A or 14C is filed with the SEC, who then reviews and comments on the filing. Upon clearing comments, a definitive Schedule 14A or 14C is filed and mailed to the shareholders as of a certain record date.”

https://lawcast.com/2014/07/22/completing-name-change-without-shareholder-approval/

I think this means that by sending the notices to us, the SEC has cleared the name change. So, next step is a DEF 14C filing, to replace the PRE?

Very good chance all of this has been given an effective date ahead of time. As is quoted above “as of a certain record date.”

I got one from TDA, but didn’t see a new date on it.

I think it is a good sign that things are progressing still. I’m not sure if they can indicate effective dates during the process or not. I agree that a symbol change is probably coming in short order.

Something triggered the notices. Any merger progress is good progress.

Sounds like the company was trying to sell shares after their PR without buyers.

Probably long lead time on parts. Lots of common industry electrical and controls components have ridiculous lead times right now. Especially anything with a custom circuit board, microchip, or controller.

Small manufacturers don’t have lots of leverage against their suppliers.

Who knows really what’s going on… but you’re right, they are taking a long time to get orders out. How would they handle a “big” order?

How long will it take to produce that “big order” at that rate? Basically they’re producing one off orders until they can get in with a big company willing to buy dozens. However, sounds like they are going to have a big chore ramping up if they want to produce that “imminent large order” in a timely manner. Hiring skilled personnel is not easy or cheap right now.

Lots of good questions still to be answered here. The SS is good, if left untouched. Not a lot of info on EROP so it’s hard to know what they’ll do or what kind of companies they work with. Unfortunately, many of the SSM deals were lackluster thanks to some quick sells, so excitement in the shell game has cooled dramatically. A real shame to keep this one idle.

April 11th is next week. Hopefully we start seeing signs of the name change. Maybe seeing it in our accounts end of next week? Can’t be long now.

Each day is a step closer to the reveal.

I don’t like being accused of perpetuating a scam much less when the word scam gets used so loosely.

All info I find is displayed in as much of an unbiased view as I can. I think we’ve all been very clear this is speculation when sharing DD.

If you don’t like what you see, there are other tickers. There is nothing that describes a “scam” associated with this ticker.

The management team has done everything they’ve said they would so far and in some cases early. They have made no promises that can be broken. This is still a progressing merger.

Stock price going down doesn’t make a ticker a “scam”.

Not a low O/S to the folks that were here under 100M. It’s looked more and more like a turd since then. Fluff PR’s. No big orders to speak of. “Missing” golf cart business.

O/S still increasing bit by bit.

I think we’ve all seen this show before.

Fair enough. We’re in a holding pattern until the announcement more than likely. However, I don’t expect a drop below $2 or a push back up to $8 until we get more confirmations. But that’s just opinion. I didn’t expect that last buy up.

Keep watch on the NVSOS. Name change there first followed by FINRA.

Our 8K detailing the acquisitions should be sometime after that. The company anticipated April 11 or later.

You’ve been in too many bad plays.

We’re pretty much in a standoff. Nobody really wants to sell down in the $2’s. Buyers want proof it’s worth $4+. I think we’ll get that soon enough once the name change is complete. This director group is getting things done.

Can’t wait to see what our earnings our. Remember, we have to have profits to take advantage of tax credits.

Trying to free up cash. I was unprepared for the drop. Bought a bunch on the last rise in the $2-5 range.

$5/$6/$7 is a premium price without some additional confirmations of what’s rolling in.

Imo…Nobody will have an issue paying $10 a share with an announcement indicating multiple operating companies rolling in.

This shell doesn’t carry quite the same risks of a deal falling through in my opinion vs what we’ve seen with other custodianships….Full change of control has happened, shares issued. They paid a lot for the shell and that transaction has completed. There was no custodian court case, so no contesting and no delay to closing. There are $49M in loss credits. This is also SEC reporting and and and, the company isn’t a startup! This is all why I truly believe this shell doesn’t carry the same risk level as the other SSM, Synergy, Alpha, GS shells..

All that being said, the biggest drag here is liquidity. I think that will be addressed if we let this play out. Especially if they have Nasdaq hopes.

Believe me, I’ve lost (and won) a whole lot on custodians and shells over the past few years. You have every reason to be skeptical. They are very risky, but the ones that hit are well worth it. Holding my lotto tickets tight.

And just like that, we’re opened back up to almost $5. Weren’t that many shares available to begin with. MM’s just keep listing things as 100 share blocks.

Can’t wait for the official announcement.

Let them sell. Better for everyone if they do.

This happened when there were buys at $9 and $10. Never posted.

Typical for merger plays during the wait. Once we get our announcement, won’t matter. I’m not concerned one bit knowing how this is being setup.

There are still a lot of shareholders here that got beat down with the last reverse split. I’m sure some are happy to just get some money back.

Probably off to chase the next hot thing. Watching the L2, none of the other asks are moving, just the one, so it definitely appears to be the same seller.

Looks like we have one person that wants to sell a few shares. Good buying opportunity under $5 while supplies last.

Good find!

Can’t wait for April and to hear the merging companies. I have to believe they already know which ones and have the deals worked out just waiting on the name change to clear.

https://www.prweb.com/releases/2012/9/prweb9919860.htm

http://www.nanxiongtpu.net/list/?72_1.html

http://www.nanxiongtpu.net/about/?73.html
-interesting how they speak like an arm of DuPont.

They have a menu structure just for DuPont on their website... I like it.

I think before they always said “one or more” and it’s the first time they’ve used “business combination”.

Nothing really stood out from what I just read... all stuff they have said so far in other documents.

This statement sums it all up:
"We are in active discussions with affiliates of our directors, officers and or significant shareholders to effect a business combination but have not yet executed any definitive agreements."

They've said those agreements will come after the name change sometime around or after April 11th.

Here’s another organic/bio based material…

https://www.namliong.com.tw/en/category/CAT-green.html

These guys are hooked in with DuPont big time. Read the descriptions towards the bottom. They are producing a lot of proprietary DuPont materials.

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

I agree nano tech is an interesting opportunity. They do have electronics manufacturing. Not sure how much grey area there is in qualifying to use the credits.

http://www.namliong-group.com/en/groups.php?qs=1&id1=8

https://www.namliong.com.tw/en/product/BIO-II.html

Another possibility

http://www.namliong-group.com/en/groups.php?id1=6

https://en.oriental-dg.com.tw

Those two look like they fit the bill for some loss credits….

$KRBF name change pending per PRE14C.
NamLiong SkyCosmos.

14.7M OS
Float <300k
SEC reporting
$49M loss credits

Sky Cosmos has 3 textile plants in Asia.
https://www.facebook.com/abagmaker/

Potential for more Nam Liong Group subsidiaries.

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

80% max in one year. That was the compromise for not having them expire it looks like.

If they have enough domestic profits to claim that in one year…

As you said, in the same industry, organic industrial chemicals. That implies they are rolling in one of the chemical companies in my opinion. We’ll see. They paid $420k for the shell, which is definitely a premium on the OTC, so I doubt they’ll let those loss credits go to waste.

Keep an eye on $KRBF.

Unrestricted <300k
OS 14.7M

Merger in progress. Change of control complete and management shares issued.

SEC reporting. Current.

$49.5M accumulated deficit.

Name change to NamLiong SkyCosmos pending per PRE14C.

Lots of DD on the main iHub page:
https://investorshub.advfn.com/Kreido-Biofuels-Inc-KRBF-8781/

https://www.otcmarkets.com/stock/KRBF/security

https://www.facebook.com/abagmaker/

Nam Liong as a whole…yeah, it’s big.
http://www.namliong-group.com/en/

I agree. Im not a finance professional by any means, but to take advantage of loss credits, don’t you need PROFITS? I highly doubt they want to take 10yrs to use all their tax credits. Also, don’t those profits need to be domestic for the tax credits to apply? Imagine having $5M-$10M of just US profits…

It’s think there is a lot more to this story.

The positive here is we are a bit further along than where some of the other shell plays typically fall apart.

When you think of the process and how folks evaluate shells and the future risk vs reward…

First crumbs are with change of control, new address and directors…
If directors are unknown, the ticker usually declines. Check, we have directors tied to a big company.

Next, folks question share structure and what the merging company will do to reduce old shareholder ownership.
The reverse split happened years ago. Management shares have been issued. I think we’re safe from any new significant erosion of ownership.

Next risk or question is asking if this is a new spinoff/startup or an existing operating subsidiary being rolled in?
Check, filings say merger candidates are existing companies.

This gets reinforced with the name change.
Check, name change to NamLiong SkyCosmos pending!

So, what we think we know with a high confidence probability is that we have AT LEAST an existing textile manufacturer with 3 plants merging in.

As has been mentioned here by others, it’s like a lottery ticket. So far you have the equivalent of 4 of the 6 numbers needed for a jackpot.

The next milestone is the official announcement of merging companies.

Here’s a reference that I think is a worst case comparison for us for just Sky Cosmos alone.

https://www.otcmarkets.com/stock/ATXG/profile

Financials don’t seem that great and commands a $200M cap.

Lol, yeah, we should be going much higher from here.

I’m holding tight as well and remain very excited here. However, I try to temper expectations because I have seen plenty of mergers that folks expect $1B caps and then get angry or disappointed when it doesn’t materialize.

All my point was is we are very excited here, nobody should get discouraged if somebody comes in and sells us down when we have a huge spread. There are plenty of scared and impatient traders around. We don’t have all the info, so skepticism is to be expected and the OTC has acted strangely on positive news for other tickers.

I still think this will be one of the biggest mergers in the OTC. I just know others don’t always see it that way.

Does anybody find it strange that the industry doesn’t seem to be hyping this technology from TPII? Wouldn’t technology publications want to promote a revolutionary technology that offers a battery alternative? Just seems like if it was a true 90% savings, we’d hear more about it from independent sources. That must be for the narrow application of lighting only maybe?

Something just seems strange. I want them to prove me wrong because this seems like a technology that could really take off if it lives up to TPII’s claims.

Public service announcement… most here have probably gone through mergers before, but… Prepare yourselves for volatility.

I think the Pre14C likely created some skeptics thinking that only one company is merging in. Remember this moves quickly on a puff of air, so I wouldn’t be surprised to see us have a few drops back to $2. The OTC seems to punish ambiguity lately. We’re going to be seeing a huge spread until we get more info on the merging companies. Typical pattern but it will be way more accentuated here with our SS and so few shares being offered up.

I think we have watchers now, just need some news that shows the watchers this is worth $10 a share. The next few weeks will be a tough wait.

I’m wondering if that’s why there is an add on microcaps.com? Maybe they’re about to sell some shares for that financing.

https://www.linkedin.com/posts/fourth-wave-energy_fourth-wave-takes-on-crypto-mining-with-recent-activity-6891806630820900864-nfdq

Promotion by microcaps.com?

The other piece is we don’t know if he means the business as a whole or just operations. In my opinion/experience, somebody in operations usually refers to their profitability increases in terms of just operations cost savings and doesn’t include sales increases. However, I’m not sure how “associated general manager” translates into their culture’s corporate hierarchy. If he’s the “top” then what is the CEO?