Thursday, November 29, 2018 2:58:01 PM
So as mentioned previously on this forum..
The company that acquired TCNT is BDK Capital.
Here is TCNT's corp info on the Nevada Secretary of State website.
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=heI0M%252fpkpVSJGAfuh%252bU9AQ%253d%253d&nt7=0
Singpoli Executives..
http://www.singpoli.com/executive-team/
BDK Capital is co chaired by Dr. Gang Ding and Kin Hui. BDK shares office space and of course shares executives with Singpoli.
Video on Dr. Gang Ding:
Dr. Ding founded the Shanghai Real Estate Development Company and owns one of the priemere properties in Shanghai. The property is CitiGroup Tower. http://shanghai.asia-asset.com/en/office_detail.php?id=12627
I found an article from June of this year, that the City of Milpitas California is giving a property developer more time to fund a twin tower mixed use project. Milpitas is essentially smack dab in the middle of silicon valley and the twin tower project would provide much needed living space in the market.
Here is the article on Milpitas giving BDK Capital additional time to raise funds.
https://www.mercurynews.com/2018/06/07/council-gives-developer-more-time-to-find-money-for-massive-twin-towers/
Pay attention to this comment at the end of the article. "BDK Capital said in its letter to the city that if the extension is granted, construction could start by early 2019 and the Towers could be completed by early 2021."
Not this is kind of hard to hear, and the lady from Manila Up Magazine is not a very good interviewer, but here is Kin Hui being interviewed. He talks about two upcoming projects beginnina around minute 4:00.
One of the projects is a land developement in Southern California. A multi use development as well. The 200 acre property will include hotel, horse track, and amusement activity park that will include a 5 acre virtual reality park and zip line park.
West Covina Board members are suggesting to sell the city owned 200 acre property to Singpoli.
https://www.sgvtribune.com/2018/10/15/west-covinas-financial-future-at-the-fore-in-city-council-election/
https://www.sgvtribune.com/2017/12/12/singpoli-wants-to-house-train-horses-for-santa-anita-park-at-former-bkk-landfill-in-west-covina/
These 2 projects are estimated at over $500 Million.
TCNT only has a miniscule float of 230,000 shares. If in fact TCNT is going to be used an investment vehicle for these projects, the value of TCNT shares could be significantly higher that it is today. The could set investment criteria and place a substantial dollar amount higher than what the price is at today.
BDK insiders currently approximately 96% of the TCNT equity. No need for a reverse split to elimate a miniscule 230,000 public float. Who knows they could be setting private placement investments to their investors at signnificantly higher prices....
What we do know, is they have been given time extensions on these 2 projects, and they are in the process of bringing TCNT current.... What else could be happening????
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