Video River Networks Inc (NIHK)

[solong]

$NIHK - do you understand the structure for this company and their goal?

maybe check out https://twitter.com/CedCapital - then look up their posts?

then look up the CEO's name and you'll find the same name for the CEO of KDCE...you'll find more info on them at https://twitter.com/CbdXfund

so the question is this; how does this all tie together and the following is just an opinion but I take it from their websites:

The 2017 Tax Cuts and Jobs Act passed into law allowed Real Estate Investment Trusts working as a Non-profit to pass along Capital Gains tax breaks to investors.

Go back to CED Capital (you'll see a non-profit for low-income housing). So there is a tax break component to this investment.

Then if you read, carefully the mission of both KDCE and NIHK you'll see that one is focused on real estate investment (REIT) and the other on the operations side, i.e the business as an asset.

The REIT can take advantage of the tax breaks.

Then take a look at https://www.blackcrowdfunder.com/product/four-streams-of-return-from-one-real-estate-opportunity-zone-fund/

at that location look at who benefits from the funding: "Company name OR legal business name - Community Economic Development Capital LLC"

That is just the tip of the iceberg...the Government estimates that $9.9bn in capital gains taxes were offset by REIT's. This isn't penny stock holders...and that's why they say they are headed for Nasdaq.

A founder of the company has put up $7.7mil in funding to kick this off, do some DD, you'll find it. So flip it for a penny or just stay away.

It won't matter...they are doing what they said they would do in their Twitter post, read the steps they said they were going to take.

Step 1 is to become compliant and they filed a 10k today...know what you own.