Market Cap 6.5m 52 Week High $4.37, closed .06 Friday Last run .03-.57 in 3 days More catalysts now like the 10Q may include the Wandi acquisition assets acquired at $1.50 per share
”In the instance of a certain infectious control company border closings and travel limitations have slowed the process by preventing onsite inspections from Company teams. Even so, other parts of the process continue forward.”
That PR was in Late August
Company has been quiet since, so I expect updates in this 10Q
Wandi Coal Acquired for $90,000,000/60,000,000 Restricted Shares at $1.50/Share The purpose of this agreement is to transfer 100% ownership of Henan Wandi Mining Product Development Co, Ltd (Wandi) a corporation organized in the People’s Republic of China (PRC) so that immediately following such transfer, Wandi shall be a wholly owned subsidiary of RS by and through its afore described wholly owned subsidiary. RS shall pay sellers $90,000,000 USD in 60,000,000 common restricted shares of the capital stock of RS valued at the agreed value between the parties of $1.50 per share and are traded on the OTCQB in the USA. Said shares shall be delivered forthwith upon closing of this Agreement as directed by Seller.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.