OTC IPOs, Mergers & Other Material Events

[Potse]

LWLW(2.00)...took a position in this shell.....

LWLW: Unusual trade towards the end of day Friday, might be worth keeping a closer eye on this next week, it's one of the only shells with a lower o/s than AIKO, and of course we all know what happened there.

I took close to a 5% position in the LWLW shell on Friday. The share structure and market valuation right now is pretty hard to ignore, especially considering how explosive some low-float plays can be in the market.

The fact that the shell has not yet completed a reverse merger with Longwen Group has me wondering if maybe there will eventually be another change in control and the shell will move off into another direction. That is probably not the most likely scenario, but the longer this drags on I think the possibility of a new reverse merger target increases.

According to the last quarterly report, Keith Wong (Chief Operating Officer) resigned from his position in May. That has me a little interested/intrigued. Keith Wong is Founder/Ceo of a new media-related company (Talguu) that is expected to emerge from beta testing sometime soon. There is this thought in the most remote part of my brain that LWLW would be an interesting shell option if Wong decided to be his new company public.

http://www.talguu.com/