Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I'm thinking long term. In order for the company to trade on NASDAQ, which is where I'm convinced it's going in the not too distant future, it has to trade at $4 per share so if it was trading today at $.04, they would have to do a 1 for 100 reverse split. That would be good for the company and for the stock. When we see it, it will be a very bullish signal.
Liking the looks of this.. starting to see some buying.. stock moving up quite nicely.
Liking what I'm seeing a lot. Been holding a while now expecting this so it's gratifying to see it finally here. TDM!!
hoping you got filled now that the stock is lower.
Super bullish here.
If you are concerned about short positions, whether naked or covered.. the best and only way to combat then is not by comments here or anywhere for that matter and to expect the SEC to do anything about them.. forget it. The solution is simple.. buy like crazy and make a short squeeze that would put Game Stop to shame.
In this case, with a EPS of .0017 per share and a trading price of only 10X historic earnings.. this stock is so underpriced as it is that it could justify a price 2x or 3x what it is right now. Take the stock there and watch the shorts scramble to cover.
This won't build support for the stock. Lots of places where one can buy what they're selling.
https://www.foxbusiness.com/politics/hims-founder-offers-jobs-anti-israel-protesters-hails-their-moral-courage
OMG! I just looked at the company's 10K. Over $1 million in revenues, almost $2 million in net assets and $.12 per share in actual earnings. Didn't see that coming.
https://www.sec.gov/Archives/edgar/data/1094032/000121390023053025/f10k2023_qdminternational.htm
I first saw the Elio at the 2019 Detroit Auto Show and was impressed.. I thought what a great commute vehicle it would make. It appeared to be making progress on production and, given the simplicity of the car, it didn't seem like it would be a real challenge. Still, it continued to announce everything but the delivery of their first cars. Fast forward to now and their introduction of the EV taking precedence over the gas model... this is the move of a pump and dump company.... not a legit car maker.
You can stick a fork in this one... it's toast IMO
Excellent news. Nothing but positive things happening here. Wish they'd hook up with a legit investment banking firm to represent them in the market. This is too good a company to be adrift in the market without any meaningful and impactful representation and it's also too good to get in bed with a sleazy stock promoter.
I have confidence that sooner or later (sooner pleeeeeeze) we're gonna be glad we bought before the market finds out about this gem.
This stock/company needs to be on NASDAQ... or at least the QB. With a reverse split, it would already qualify for the QB and it wouldn't take much to get it to NASDAQ if they could get some brokerage support. Wishful thinking I suppose but still... a guy can wish can't he?
I know.. I know.. if wishes were horses then beggars would ride...
I'm just sayin'
Well, seeing no one talking trash about this stock, I added a bit more and may again later. Two things I'm confident about with this stock.
1. This is not a stock to day trade or for a fast turnaround. Trading history indicates little movement even with good news. This tells me it doesn't have a following and nobody is promoting it so patience is required here.
2. When it does get noticed (and at some point, I think it will), it's gonna move exponentially very quickly and there will be very little if any time for someone to build a position at or near these levels. If it's still earning $479k like last year and it gets some real eyeballs on is with positive news a PE of 20 gives the stock a Market Cap of $9.6 million and a stock price of $.027. Not a bad return for a stock I am buying for $.005. If it really catches on, I think even $.05+ is a legitimate possibility.
Just discovered this stock and dipped my toe in a bit and now trying to decide whether to add more or not. I decided to get involved because I can't remember the last time I found a pink sheet stock with a net positive equity, profitability and a stock trading basically at a market cap that is close to it's actual net equity. On top of that there is an acquisition in progress.
So, somebody tell me what I'm missing here.... please! I see PS stocks every day that trade at market caps 10-50 times this one that have negative equity and no revenues, let alone earnings. I'm feeling very bullish about what I am seeing but can't help but have this ominous feeling that this might be a case of "too good to be true". iHub has always been a place where one can learn the good and the bad and the ugly. What say you?
I notice that ASDN was a sponsor of an $86 Million Blank Check IPO for Parsec Capital Acquisition Corp. PCXCU . It's also noteworthy that Patricia Trompeter, the CEO of ASDN resigned and became CEO of Parsec.
Obviously, there's some connection between these two companies and I am wondering if ASDN's allowing the company to fall onto the gray market.
Does anyone have access to anyone in management to explore this? It just doesn't seem likely that everyone involved would just drop ASDN and all it's accomplished.
I think this is the same one as filed a little while ago..
What kind of f**king boneheaded move is this second reverse split. This won't help them get listed on NASDAQ.. it will guarantee they'll never get listed. In fact, it will guarantee they'll never get support for the stock. Run.. don't walk away from this looser.
It's a brick boys.. without some cohesive plan for growth coupled with a consistent outreach to the shareholders and investing public this is what you get. I'll buy when it falls to the lowest point and sell when it runs. Anything else is stupid stupid stupid.
That's a cup-half-empty perspective. One could also say that from 1998 through 2015 the company did grow and even profited and did so without unreasonably diluting the shareholders, something as rare as hen's teeth in the OTC markets. When that business began to suffer and when management was unable despite a number of attempts to grow it in a meaningful way, it changed directions to try create more value for the shareholders, again without massive dilution. When that didn't prove viable, the same management that started it, kept working to find a way to give the shareholders as much value as possible.. and much of it was done without real compensation for management. The easy thing to do.. the thing most OTC companies do is walk away and let it die.. if not diluting it again and again with false promises. That's not what happened here.
Now the company is under new control and management. I checked the bio on this guy and at least he looks credible. It's also obvious, he's not a phony pump and dump artist because there have been no press releases.. no promotions at all. I expect it's because he's in the process of putting the deal he envisioned when he invested in this company together.
While this stock didn't turn out to be the next microsoft or apple computer, there have been enough ups and downs to provide provide for wise traders. Personally, I'm looking forward to seeing what this new guy has to offer us. I will proceed cautiously, of course, but I will proceed with the knowledge that historically, as far as I can remember, this company has never tried to mislead or betray the shareholders and I have no reason to believe this new iteration will be anything but a legit attempt to build something. Will it succeed?? Who the Hell knows... but I will wait to see what happens before I decide to walk away, run away or put some more chips on the table.
That's what I was thinking too... To me, the thing I'm hanging my hat on so to speak, is that this guy looks like a serious business man with some expertise in the legitimate investment market... He also obviously isn't running to pump this without something happening first...
All told, I think when he does announce a move, it will be one of substance and worth investing in. At least that's my hope at this time.
Regardless, when they do find someone to take control, I'll be most interested to see how they handle the $900K + debt and the either worthless or non-existent asset that remain on the books.
So you're thinking that Kam Iat Fu International Company Limited is the same company as FU KAM INTERNATIONAL(HONGKONG)CO.,LTD?
You may be right... but to me, those are two different companies with similar names. Time will most certainly tell.
They will get a new control person, that's certain. Looks like this company at least exists online so that's a good sign if it is them.
I'd like to think so. After all... it's hard to imagine someone would go to all the trouble and spend so much money for a trophy to put on a shelf and look at. I gotta think the new CEO is getting his ducks in a row and will let us all know when the time is right. Hope it's sooner rather than later.
Interesting but.. how do you know this? I don't see any disclosure filings or press releases?
You want news??? I want a long overdue 10K and a followup 10Q.. both overdue. Much longer and the SEC is going to revoke its registration. Then it's the grey market graveyard for GAHC.
Suffice it to say that this change of ownership is not based upon $14 million in cash. Given one can purchase control of a pink sheet stock without $1000000 of debt for just a few hundred thousand.
Probably more scamming about to begin. No evidence of Kam Iat Fu International Company Limited anywhere on Google or Baidu.
My assumption is that the previous holder, after realizing how badly he got screwed by Basilio Chen couldn't find anyone who wanted this worthless shell until this deal was cooked up. Time will tell how this plays out but one would be advised to watch from afar as nothing good will come of it.
The point here is that the assets are questionable at best and non-existent at worst.. but the debt is real and never going away unless either paid or waived by someone from the past.
Since it's becoming more obvious that the current control person isn't going to do anything with it.. the value of it going forward to a new control person is materially affected by the existence of that debt.
This is what happens when a low life con man like Basilio Chen talks an innocent Chinese businessman into investing a shell he has no business getting involved in. Basilio made his profit off the deal and couldn't give a flying fu*k about the aftermarket.
PT Barnum was right.. there's a sucker born every minute.
I disagree.. it's not overdue.. it's long fu**ing overdue.
The answer to your question is simple. If Chun Hong Cheng Cheng, the 68% shareholder wants to resell this shell to someone else, he needs to keep it current or the value of it will decrease significantly.
As I said previously, he got into this vehicle "guided" by Basilio Chen, a known stock manipulator and con man. I'm sure Basilio made him lots of promises he never intended to keep about raising funds and awesome stock performance. In addition to the hundreds of thousands he paid to get control of this stock, Chun Hong Cheng Cheng also invested another $83,000 to keep it going.
I'm also sure Basilio has abandoned him by now.. so left adrift, on his own he needs to figure out how to make this work for him or find a buyer to try to recoop some of his investment.
If you look at SRBT, you will see the same thing. This was another one Basilio put together.
Here's a question I have about this company. There is an asset for some equipment of $938,061 and an offsetting loan for that amount plus accrued interest since 2016. It had to do with the previous company's plan to build a plant, which was never built so the equipment is laying around somewhere. I wonder if Chun Hong Cheng Cheng even knows where it is and why he would buy controlling interest in a shell with an asset on the books of questionable if any value and a dept of close to $1,000,000? What kind of lie did Basilio tell him to get him to overlook that elephans in the room?
Just read the 8K and here is the new main man. He's CEO, Chairman of the Board... Looks like he's a player anyway. Beyond that hard to say what he plans to do with it.
Huihe Zheng has more than twenty years of experience in investment and wealth management. Mr. Zheng has served as Chairman of Shanghai Dingchan Industrial Co., Ltd., which he founded in November 2013, a company primarily engaged in wholesale and distribution of computer equipment and components. Mr. Zheng has served as Chief Executive Officer and Chairman of Shanghai Hewu Investment Management Co., Ltd., an investment company, since he founded the company in January 2016. From 1999 to 2016, Mr. Zheng primarily focused on securities trading in stock markets in China and abroad. Mr. Zheng graduated from University of Southampton in 2019 with a bachelor’s degree in accounting and finance.
Which two clowns are you referring to? Looks like new players have taken over.
Anyone have any idea who they are or what this is becoming?
Guess I'll have to actually read the filings and do some DD.
I'm with you on that... couldn't have same it better myself.
That was a press release from management but it only talked about how they did the election. A lot of insignificant uninspiring detail and very little meat. All I care about is that they did a good job on the election. Nothing to inspire buying. Beyond that, I want to know how this impacts the company's revenues and growth.
hopefully they'll get it together sooner rather than later.
I agree about 2 months vs 2 weeks but perhaps it was the focus on the election. Let's see what happens now.
ND reporting complete, 100% in without issue. Way to go GAHC!
North Dakota Results
Does anybody know why this company's product didn't generate revenues? Seems on the surface to have been a product that would create some demand in the agri industry. Just wondering. thanks
Well, so much for improving investor relations. All momentum gone, fading back to .0014.
I wish it were true but I disagree with your premise. When ND works as it should the focus will not be on Michigan and Missouri which also have their primaries on March 10th. Elections are supposed to just work so there isn't an automatic focus on the states that work well. Especially after Super Tuesday, the only focus will be on state elections that don't work. They won't have breaking news on the states that simply report results in a timely fashion. This is especially true since ND is not a swing state whereas Michigan and Missouri are.
Plus, North Dakota population is a whopping 760,000 and represents only 14 delegates. which is equaled only by Wyoming as the fewest delegates and is only 1/3 of Iowa's 41 which the press totally discounted as meaningless except for the fact it was first.
Still, it will be a feather in the GAHC cap and will lead to better things and that's what really matters. Great things lie ahead for GHAC. I just wish they'd be a little more communicative. Was hoping for a followup announcement of some kind already.
I'm with you, it's time for another PR or something in the form of outreach.
Long time to year end my friend, we need ongoing communication from the company.
Day to day is irrelevant if we know that we matter to the company, that only comes from interaction.
There's a lot of penny stocks out there, they all have potential. What separates one from the masses is the relationship between management and the shareholders.
I second that!!
Not ready to call BS yet.. counting on next week for something new... beyond that my confidence in seeing a change in attitude towards shareholders will begin to lag a bit.
Damn... this is some fine volume.. really starting to.. get excited now.