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Thursday, November 30, 2017 3:14:02 PM
THIS DD CONFIRMS THE MASSIVE ACQUISITION THAT WAS TO BE CONSUMMATED IN 2015. THE WEBSITES AND NEW ZEALAND BUSINESS DIRECTORY ARE UNDENIABLE EVIDENCE THAT THE MERGER IS FINALLY CLOSING VERY SOON WITH THE CEO'S RECENT EMAIL RESPONSE...
Earlier this week a poster received an email from the (now previous) CEO saying that we will be seeing updates early next month; meaning a few weeks. Note that the CEO now addresses himself as "director":
The response from the CEO comes shortly after SEC filings were posted and the OTCmarkets status has changed to "current" (SEC filings are much more expensive than OTCmarkets filings):
https://www.otcmarkets.com/stock/ASKH/filings
From the most recent filing and OTCmarkets update it is also confirmed that the OS as of November 10, 2017 is an astounding 25,291,838:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12378885
https://www.otcmarkets.com/stock/ASKH/profile
We can also see that there are hardly any notes to be sold from looking at the most recent filing. Now, the only shares being sold are by the acquisition company that is owned by the CEO. This is most likely to pay for all of the filings and merger developments. The share issuances are TINY if one looks at the transactions:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12378885
Even MORE interestingly, at near the time of the email response from the CEO, VNDM has hardly came down from the 0.02 ask and if he does he only has around 10K shares to sell... Further indication that the merger funding is pretty much complete!
Now, how do we know that this is the same merger that started in 2015?
We can see that back in 2015 this HUGE $80MILLION+ REVENUE per year textile company was to be merged into ASKH:
http://nantongglobalventures.com/astika-holdings-inc-relaunches-its-corporate-direction/#13
Another poster on this board did some DD and found this document that states ASKH had been registered in September 2017 by Gillian Smith. Shares also changed hands from Ralph Willmott (one of the officers listed on OTCmarkets) to Jian Xu (The Chinese owner of the big textile company and our new CEO):
http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/6304291/24922027/entityFilingRequirement?backurl=%2Fcompanies%2Fapp%2Fui%2Fpages%2Fcompanies%2F6304291%2Fdetail
http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/6282709/24344441/entityFilingRequirement
EVEN MORE confirmation is that this Jiangsu Ziyang company just registered back in May 2017 at the EXACT same address as ASKH:
https://www.newzealandcompany.info/Jiangsu-Ziyang-Holiday-Bedroom-Articles-Nz-Limited-6282709/
Now who the heck is our new CEO Jian Xu? Well I can tell you that he is someone quite special within the government of China. Hence, $80MIL revenues might not be hard to fathom here. These are his credentials:
https://www.marketwatch.com/story/10-k-astika-holdings-inc-2017-07-31
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135212059
Now for whatever reason this merger has taken a few years to consummate, but we can definitely see that it is all coming together from the most recent annual report (10K filing):
https://www.marketwatch.com/story/10-k-astika-holdings-inc-2017-07-31
One also might be wondering why the ask might look thicker than a 30MIL OS's stock. The reason being, I suspect, is because the CEO has been using VNDM to all of those merger transaction shares under and around the 0.01 level. So I can only assume that once we break passed 0.02-0.03 and start to churn a little bit, it will get really really really Fing thin.
So here are the key points to sum it all up:
-Merger has been in the works since 2015
-Merger consists of large textile company producing $80MIL+ revenues per year owned by significant Chinese player, hemp business, dairy business
-25MIL OS CONFIRMED
-Tiny amounts of notes being sold (likely to pay for the merger)
-Documents and filings (on OTCmarkets AND NZ business directory) over the last few months confirm something is happening
-This week the CEO finally responded to a shareholder via email and said early December we will see something
ASKH
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