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Re: None

Monday, 05/11/2020 7:58:17 AM

Monday, May 11, 2020 7:58:17 AM

Post# of 1041
LWLW...interesting item from 2019.....

It might be worth monitoring LWLW a little bit closer in case something develops here. Whether the RM below has been actually completed or not, this information is an encouraging sign that there has been some type of activity going on behind the scenes. Some of the lower float types of shells seem to be heating up a bit more recently. LWLW has dropped down again to what I think is a pretty attractive area for entry/accumulation.

Risk/reward anywhere around this $1 area looks extremely enticing. Definitely high risk because of the filing delinquency, but the "reward" part of the equation probably makes LWLW worth taking the chance.

Periodically I like to do various Google searches on shells I own or have on my watchlist. Throughout 2019 and early 2020 nothing unusual would show up on the searches I would do on the LWLW shell. That changed about 2 weeks ago when an interesting bit of information from 2019 started appearing in my searches.

Zhejiang Longzhiyou Tourism Development Company is a Chinese company involved in the tourism industry (recreational vehicles, apps, blockchain, etc). Around mid-2019 the company registered and brought online a website focused on the app(s) the company has developed.

This is what shows up on the 2019 timeline section of that website.....

In January, Longwen Group (stock code: LWLW), a NASDAQ listed company, acquired Zhejiang Longzhiyou Tourism Development Co., Ltd.



http://lzygtt.com/


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