InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,828.79
(
0.23%
)
US TECH 100
19,625.13
(
-0.05%
)
Dow Jones
42,967.76
(
0.53%
)
Brent Oil
74.15
(
-0.44%
)
Bitcoin
67,857.52
(
1.27%
)
Post# of 2247
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Renegades17

Send PM Follow Ignore
Followers 72
Posts 2126
Boards Moderated 0
Alias Born 12/06/2013

Renegades17

Re: kravec post# 1791

Friday, 10/16/2020 3:29:05 PM

Friday, October 16, 2020 3:29:05 PM

Post# of 2247
Shares went to Wetouch


Shell (ie. GLFWD) retained ~10% of the shares outstanding and the surviving company, Wetouch, got 90%. Fairly standard for this type of RM.

The float is going to be extremely thin with only ~700k shares available, so any positive news will get magnified. Hopefully Wetouch has some positive information ready to be released.

Financials, excluding revenue growth which seems to have been hit by Covid, were fairly impressive. Great net margins of 37% in the most recent quarter.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent WETH News
More WETH News
InvestorsHub NewsWire

Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM

SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM

Future Hospitality Ventures Unveils Bold, New AI-Driven Initiative to Revolutionize the $300 Billion Hospitality Market • NGTF • Oct 16, 2024 7:07 AM

Kona Gold Beverages, Inc. Announces Strategic Progress and Corporate Evolution • KGKG • Oct 15, 2024 9:00 AM

One World Products Secures First Order for Hemp-Based Reusable Containers, Pioneers Renewable Materials for the Automotive Industry • OWPC • Oct 15, 2024 8:35 AM

ZenaTech, Inc. (NASDAQ: ZENA) First US Trial of IQ Nano Drone for Inventory Management • BURU • Oct 15, 2024 8:21 AM

Start posting your company's news
Only $200 per official company press release!