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This makes a lot of sense
I think they reported revenues of one subsidiary of a specific location (Dongguan JFH) will have to wait until they merge and report for all other subsidiaries. $IGPK pic.twitter.com/bt5qH1SpkH
— GS1 (@gs121568) May 21, 2024
You do you but there is a lot more that will unfold here
Here’s proof these figures are jacked up. Simple math mistake
https://x.com/angelaerica355/status/1792781031554375764?s=46&t=DtM-pS6sm03f0ILPpnSMsA
Temu’s monthly gross merchandise volume hit $1 billion in June 2023
Temu had over 70 million active users in the United States in May 2023
Average transaction on temu is $27
Average purchases per user per year
Approx 4
So average US shopper on temu spend $100 through temu app
Now igpk
"After years of hard work, it has nearly a thousand service outlets across the country, hundreds of thousands of merchants, and more than 70 million users.”
Do some conservative math
With atty Newlan involved. Lol
Question: Could it be possible that the financials we see in the coming days don’t include all of the subsidiaries?
If you look at Dejun’s email (if true) he’s referencing partnerships.
Thoughts?
Any bets we see Q1 fins after Friday close???
Don’t kid yourself here. The rollout of financial info and the removal of yields etc has all been coordinated. Newlan knows what he is doing
The company is building excitement and anticipation tactically.
The company wanted this pink current before dropping 1sr qtr fins so not to stop investors weary of investing with yield etc
Maybe it’s not a bad thing to wait for the AMC / GME fervor to quiet down????
Ten associates just posted on Twitter that yield should be off by next Monday.
This tells me the company will use its 5 day cushion to post 1st fins
This seems coordinated and planned as a way to build anticipation
Anyone????
Guesses on revenue as we await news:
300mil here
I’m staying conservative
That website is pretty damn cool. Let’s get the CE removed and see this thing rip
I’ve seen posts about otc markets updating at 1:30am est
Do they also update their website throughout the day or is just the evening dump?
Clearly. Ten associates would not make that tweet if it wasn’t true.
Got it !
Saying what ? That he spoke to their corporate attorney and everything had been turned into otc markets.
You guys are fools if you think he would tweet this out and it not be the case. He would be setting himself for some serious issues if he was blatantly lying
Not defending any of his past stock statements but there is no way in hell he is lying about this one.
And it just hit!!
$IGPK filing hit on SilverFlume!!
— Imay Noko (@ImayNoko) April 22, 2024
Let's Go!!
Name change effective in NEVADA! pic.twitter.com/F1A13GWh2p
I found an article showing $37 at Amazon. That being said , i would think the Chinese consumer spends less based on income levels
$20 seems reasonable
I was correct. The delay was the name change
Here we go
No. I was stating that name change and ticker change would come before uplist
Has anyone discussed the timeline on symbol change with finra. IMO that is the hold up. We were told that the Chinese frown upon. I think the company wants annual filed concurrently with name change. Thoughts ??
Normally you’d be correct. This set up is different if it plays out like we think it may
I love the enthusiasm and i hope you’re right
We BELIEVE that revs will be 7 billion
Different share structures
Anyway you slice it this thing has room to run big
that's the info I was looking for. thank you
I’m holding. Trying to run potential eps
Understood but the corporate update said they would immediately authorize 2 billion shares AFTER the split
Honest question: Let’s assume that the r/ s goes through We know there will be 40 million shares from prior shell. The company will have 2 million authorized shares. It’s my belief that the company will slowly issue shares
Does the p/e get calculated on authorized, float, etc???
Tia for this valuable info
Interesting video released. He states the company has issued 2billion shares. Does this point to the post r/s shares? I think so.
There is also a reference to how many shares will be issued a year : 100 million.
Sounds like additional shares hitting the market post r/s will minimal and not some huge dump.
I agree with you. However , if this company rolls in revenues then this is different. Please explain how, if the scenario i laid out occurs, is similar to any other r/s you’ve ever seen. Tia
Ides,,, let’s play a game. Igpk confirms and finalizes merger this week They also confirm that revenues will be invited. 1/1000 occurs and the company issues 600million shares into the market over a 6 month period. What is the stock price ???
$igpk. Let’s speculate about whether the company would roll their whole company in vs a subsidiary. I believe they are rolling the whole company If a subsidiary was set up , how could they support the share price for their token transfer program? They couldn’t
interesting ... will keep an eye out
so you want to see two colors to indicate the rest of the day?
something to consider for next week. Dongguan City is 12 hrs ahead of PST. So, their kickoff meeting will occur in the middle of the night for us. Seems we will awake to news good or bad. Please correct me if I'm wrong
quiet period ???????
that's funny. a billion dollar company is not going to do a play by play of their actions. this play is different due to the potential size of the merger
So they have better control of any o/s.
Hope you're right
so your theory is people sat on the info to liquidate first thing Monday? seems odd to me