Houmu Holdings Ltd (HOMU)

[Imagineer66]

Believe the facts and ignore the pump and/or trash talk.

What happened to cause the price to fall. Quite simply, something the market didn't expect. Markets don't like that. The standard reaction to unexpected/unforeseen news is to sell.

Fact:
DL via Custodian Ventures, LLC sold the controlling interest in XMET to Wei Tian.
DL, a natural person, is STILL the current Custodian until the court says otherwise.

For this to be a clean shell for anyone to RM into a couple things must happen.

1) The COURT (not anyone else) must issue an Order to Terminate the Custodian ship. This could come in the form of Granting DL's Request to Terminate.
2) The issue of the illegal shares must be resolved. To anyone's knowledge, no claims came forward in the 30-day window. So, this will most likely come in the form of an Order Barring Claims.

Conclusions:
The price will climb upon any positive action i.e. cancellation of shares, termination of custodianship, Wei Tian selling the shell, the shell RM'ing with a company.