Namliong SkyCosmos Inc (NLSC)

[FatFatCat]

They have no plans to issue more stock, stated in the 14c. They would not say this and then do it, lest they get sued and raise the ire of the SEC.

If this was a "normal stinky pinky" then I wouldn't pay any attention to what the company said. But this is clearly not your normal OTC stock. These guys paid a lot for the shell, and have maintained it perfectly. You don't do all this and then do an R/S screwing your shareholders through dilution.

They are going to uplist so they need to get the stock price above $5 and keep it above $1 for NASDAQ. For the NYSE they need 400 shareholders, $40M market cap and 1,1M shares available to the public. Also, the share price must be at least $4 at the time of listing.

I think the uplist is obvious from the 14c. Look at the "purpose" section.

All IMHO of course.

https://www.sec.gov/Archives/edgar/data/1342219/000155116319000202/pre14cfinalvedgar3.htm