News out. I've seen a lot of weird things in OTC, this one will be in my top 10. Smells fishy.
SGLA Restructuring Initiative to Accelerate Transformation
HONG KONG, Aug. 24, 2017 (GLOBE NEWSWIRE) -- Sino Green Land Corp (OTCQB:SGLA) (the "Company" or "SGLA"), today announced after company changed name to proposed name “Go Silver Toprich Holdings, Inc.”, will invest a business to China. SGLA will be investing around the fund into Lithium Battery Materials project of Sun-Rising Group. Sun-Rising Group is a huge enterprise company in China. Its subsidiary Sun-Rising Group Copper Foil Technology Company Limited in China is a research and development, produce and sales company. The project in Sun-Rising Group of Lithium Battery Materials is to develop the coming vehicle market in China, it will have a long term potential development. As Lithium’s battery advantages are sizes small, electricity volume is large, high energy density and eco-friendly therefore it will become the coming market’s investing material in scientific for electricity devices and vehicle. This project will return on investment early next year for 10%.
Investing into Sun-Rising Group’s Lithium Battery Materials project fits SGLA target in high-growth areas where it is positioned for long-term relationship, shareholder value and growth, while making the company more efficient and profitable.
And 2 ago they announced restructuring.
'HONG KONG, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Sino Green Land Corp (OTCQB:SGLA) (the "Company" or "SGLA"), today announced a series of senior management appointments to more effectively manage the business and drive global growth. Mr Xiong Luo was resigned the Company’s President, CEO and director. Mr Tsang Shui Sang was appointed as Director & CEO. Mr. CHAN Kin Hang, Danvil was appointed as CFO, President and Secretary.
The company also announced a restructuring initiative to accelerate its evolution from graphic design business to investment holding company. The company will intensify its focus in high-growth areas where it is positioned for long-term leadership, shareholder value and growth, while making the company more efficient and profitable.'
On the same date CRKT had almost exactly the same news as SGLA today:
'HONG KONG, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Cirmaker Technology Corp (OTCQB:CRKT) (the "Company" or "CRKT Corp"), today announced after company changed name, will invest a business to China. CRKT will be investing around RMB$200,000,000 into Lithium Battery Materials project of Sun-Rising Group. Sun-Rising Group is a huge enterprise company in China. Its subsidiary Sun-Rising Group Copper Foil Technology Company Limited in China is a research and development, produce and sales company. The project in Sun-Rising Group of Lithium Battery Materials is to develop the coming vehicle market in China, it will have a long term potential development. As Lithium’s battery advantages are sizes small, electricity volume is large, high energy density and eco-friendly therefore it will become the coming market’s investing material in scientific for electricity devices and vehicle. This project will return on investment early next year for 10%.
Investing into Sun-Rising Group’s Lithium Battery Materials project fits CRKT target in high-growth areas where it is positioned for long-term relationship, shareholder value and growth, while making the company more efficient and profitable.'
And what will be the new name of CRKT? The same as SGLA announced today. They announced that in April, with the difference that it would be an entertainment platform:
HONG KONG, April 26, 2017 (GLOBE NEWSWIRE) -- Cirmaker Technology Corp (OTC Pink:CRKT) (the "Company" or "CRKT Corp"), announced today that its directors and majority shareholder have approved a name change to Go Silver Toprich Holding, Inc., and authorized submission of filings with market regulators to commence the name change process.
The name reflects the company’s new business direction: the Company intends to develop entertainment platform by (1) develop online shopping and games platform in WeChat (2) properties development in overseas.'
