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It’s quite frustrating. These are all lotto tickets anyway. Why buy a shell and do nothing with it?
In addition they only have 2 employees. Probably 0, so fair value.
Agreed. No one is jumping in this. It will sit stagnant just like NTAI(same owner).
Which nasdaq companies is Jingwei Zhang involved with?
YGMZ is the only one I see.
Hey Fink. Apologies to bring up an old post. Trying to get some insight from you.
Why would a Chinese company buy a ticker and do nothing with it? That seems to be the case here. This same person just bought $KAST and it seems like it’s going down the same path this went.
At least he responded. Thanks for the update.
No one is buying this. Even if I was going to average down(I’m not), I wouldn’t do it now. Wait another couple weeks, it will continue to bleed.
Writing on the wall is there!! As the old saying goes, ignorance is bliss!
Thank you for the response. You seem to be the only one that’s trying to view this from different points. A lot of people in here are full of Hopium. Good luck to you.
AcropolisLLC deleted their website and all tweets. They are holding a fair chunk of commons per the latest quarterly.
How do you interpret that? The company that helped make this deal is basically closing shop?
Basically when this was turned into a shell (which was 8/1/2021) they have 18 months to do something with it. If nothing is done it drops into expert market.
1 month to start a business or complete a R/M seems very unlikely.
CC sold the shell, then sold her shares shortly after. She doesn’t care about the company that is going to merge into it, if a company even does. If she was smart and knew the companies worth she would have held and sold later correct?
Does this not reek of a Chinese scam?
I sent an email to Dennis the IR asking the same questions. This was back in mid November. No response.
Which rules are you referring to?
Same owners of NTAI. Can’t say it’s out of the realm of possibilities. I sure hope that doesn’t happen though.
Appearently that’s not the case. Look at NTAI. No shares are being sold.
Gotta be realistic. No one knows what their plan is with the shell.
What about terryzhang@alphaef.com? Anyone have info on him?
20 million float last updated in February 2022. How do you know that’s still accurate?
What would you call it? Try not to look through your rose tinted glasses.
if it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck. I.e. a scam
Agreed Linda
lol you keep being you buddy??. Let’s enjoy the wait together ??
I’ve been waiting for over 5 months lol. I do enjoy a good bellyache tho.
You’re welcome.
I doubt we will hear anything. I feel like “any day now” has been said months. I’m losing patience.
I emailed Dennis 10 days ago and he never responded. Surprised you got a response. I will try again.
So they updated everything but the CEO using CC’s code? That doesn’t make any sense. Why not update it all?
But everything else was already updated, so they already have a code.
Otherwise how could the update President, Secretary, Treasurer and IR?
Why do you think CC is still listed as CEO? Seems a bit strange right?
Don’t blame him. I regret not selling my position. This will just continue to bleed until more info is announced.
Thanks Linda! Let us know what happens.
I emailed both Dennis and Zhang 2 days ago and haven’t heard anything back.
What are both their email addresses? I’ll email them.
Linda posted trade data.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169891013
Why is everyone selling when a “R/M” is supposed to take place?
Good info to be honest. I like all the info Linda posts. Better to not look at this through rose tinted glasses.
This will slowly bleed until any news is released regarding the reverse merger. Until then we continue waiting.
I’m sure you’ll have the chance to “double down”!! This is how these work, it will slowly bleed till news drops!!!
When do you think that could be?
Wonder if the incoming company has anything to do with NANTAI INTERNATIONAL? Same person is in one of their reports.
https://sec.report/otc/financial-report/291935