Sunday, April 30, 2017 4:26:06 PM
I don't think the name was intentionally wrong in the PR, it was the translation itself from Baidu and Google. Chinese isn't the easiest translation because of the characters used and context.
But, I truly don't think Wang Dequn and company wanted this to be a widely known until everything was aligned. No matter how hard they try, it isn't easy to put this all together exactly within given time frames.
In other words, we can see the attempt to get all the ducks in a row:
1. Contact and work with Richard Oravec to find clean shell
2. Finding clean DOLV shell
3. Having Wang Dequn buy 300,000 preferred shares to gain controlling interest in the shell.
4. Simultaneously setting up JB&ZJMY Holding company through Nevada SOS for new company once DOLV is retired
5. Applying for name change and ticker/symbol change
6. Word got out from Sleuths after Wyoming Biz site was updated with Dequn's 300,000 preferred share purchase
7. DD was done and shares started trading
8. Further DD was done and Dequn was discovered - tracked - verified
9. Wild shares began to trade
10. Questions started flying
11. PR released by Richard Oravec
12. Had the "intend" to file consolidated financials within 2 weeks jargon
13. High expectations for filing
14. I believe that the company expected name change / ticker symbol to be approved within the "intended" time frame but wasn't
15. We are all waiting on further information and in the meantime - more excellent DD is being put out here on IHub
As with all OTC stocks - there are going to be ups/downs.
Some here trade the moving averages and trend lines. Others are market makers who take advantage of weakness. Friday was definitely a coordinated planned event in my opinion with VNDM and CDEL orchestrating a bear attack to get those 3.58 Million shares to cover end of month
All above is just my humble opinion after reveiwing what is known.
Have a superb evening, and best of success to all longs here.
777
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM