Tuesday, October 09, 2018 11:39:15 AM
Shared this between 9 months and a year ago. RO was approached by Wang to find an OTC ticker.
After looking a few over, Wang went with this one.
Wang wanted a ticker like silly rich people want a G5 or a yacht. Just so he could have one.
What does Wang want to do with the ticker? RO doesn't know, not his job. Ticker just gives Wang options.
IMO, now that the price is under 5% of it's former glory...it may have more of a use to Wang.
This stock is simply a gamble. Will assets be moved into it? If yes, it's a home run, if not it's a loss. Remember, Chinese are not one to do things quickly. I'm 50% out and a holder "Just in Case" on the other 50% and will add more if price becomes silly low. At this point you are at a roulette table betting on red or black.
It Is Just This Simple. How do I know? RO told me. All you have to do is ask him.
All this amazing DD is impressive...but unless he decides to move assets..it means little to shareholders.
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