Mining Global Inc (MNGG)

[altimasr9619]

Too many dead ends on doing the DD for this company, glad to have exited at the high. For anyone cares here is the DD I gathered.

1. The Twitter image on their profile cross search led me to CointradeCX's blog.
https://cointradecx.blog/bitcoin/criptomoedas-saiba-quais-sao-as-melhores-reservas-de-valor-segundo-especialista/
Looks like a classic case of photoshopping a image and removing the logo. A positive sign however is on the website, if you page-inspect, you can see Portuguese used in some of the coding lines.

2. The Website that people have been hyping up is a generic template ripped from this site https://www.btcminer.website/
Furthermore we can see several other websites ripping from the same template.
https://expertsofmining.com/en/lp
https://upminingpro.com/en
and to put down any theories to rest on BTCMiner https://www.trustpilot.com/review/btcminer.website
Website itself has been reported as a scam.

3. The NVSOS filings and the SEC filings lead into two different directions. The SEC filings to date lead to former CEO Joel N. leaving the company in the hands of Sammy Adiguin, a Nigerian real estate/infrastructure developer.
The NVSOS filings leave with us with the company moving hands between Fuya Holding Corps to American Rolling Company Inc and currently list us belonging to Parash/Paresh Patel.

Overall a lot of dead ends leading to different paths. The most exciting connections I could find is the CointradeCX photoshopped image and the Portuguese language in the website code, maybe, just maybe connecting a link there. But ripping a design off another website is a no go in the professional business world.

Parash/Paresh Patel is a big name in the market but there are a few individuals. HCI Patel Paresh, NOAC Patel D Paresh. Nothing to note though of "Parash Patel". It's either a misspelling or a completely different person with no presence.

Other than that, I'll leave this stock on a watchlist to see if anything note worthy happens, but with all the "pumping" activity on twitter trying to promote this mining-global website and bitcoin mining being legit, I'm going to stay away, especially since the SEC is on a suspension hunting spree.

https://www.sec.gov/litigation/suspensions.htm
All of 2021 have been OTC companies, most of them manipulated through social media. The SEC has eyes again and a democratic administration that will fund it appropriately to do its job.

GLTYA