Houmu Holdings Ltd (HOMU)

[RCRanger03]

RCRanger03's XMET Take It Or Leave It Post

Like my DD Thread this is going to be a very long post

Disclaimer: I'm posting not to push people one way or another. You all make your own decisions, and have your own risk/reward tolerances. I've been here since .0002, I've posted all of my DD freely and honestly, because I truly believe that the rising tide lifts all boats. I held every share once I got onto free shares back in November until I trimmed today. I'm posting this because I've been asked by many to do so, and I think I may have beneficial experience to share.

I decided that it was worth it to take another $50k in profits and trim my position to 1M. Note that I held everything when those same shares were worth more than twice that amount, because of the potential. I've kept 1M because of the potential, but my top 2 reasons for trimming are:

#1 I believe the R/S is legitimate (more on this in a minute) and I think while value is preserved shareholder confidence isn't. I've been down this road with Lazar and I lost.

#2 I believe the Merging company is Shenzhen Atsugi Wealth Management Co., Ltd. which is a company of $15 Million USD/ 100M YUAN and a subsidiary of Shenzhen Qiao Financial Holdings. My hope had been that it was the entire pie of what I estimated as roughly ~$250M USD in Shenzhen Qiao Holdings, and because its only 16% of that I feel it has 16% of the potential). It also seems to rule out the REIT angle that was my peak interest lately.

I may be wrong about both of the top 2 things, and this may progress to the highest potential, which is why I kept 1M shares (I wouldn't be able to live with myself if I was completley wrong about this after all the work I put into it, literally 100 hours minimum, I started to learn to read Chinese for XMET research), but in order to illustrate my reason #1 I'm going to quote a post I made in my home forum, with some screenshots corresponding tweets I made about a previous .000 to Penny Lazar play QUTR which became BRRN. I denied the reality and it cost me money and time/opportunity cost. Look at the language I use and what many people are saying today.

Yes the reason I believe that the XMET R/S is real, is I went through this whole rollercoaster of emotions with QUTR/BRRN and chose poorly IMO. Let me explain

1) SEC filings led us to believe Swiss Billionaire Investment Firm that had made a huge early investment profit in PLUG was merging in. This eventually played out and we were correct. (Much Like here in XMET)

2) NVSOS filings were made for a name change to Born Inc and 1:1000 R/S (like today with XMET)

3) Many people posted shady looking screenshots of the documents (the same exact twitter people that posted them today), I got the filings for myself picked them apart and said they seem like bullshit. Narrator: They weren't All the while there was a crash and a recovery like today in XMEt (although I'll admit not as fully as XMET did today). Look at the following screenshots my progression through the following days.




4) 1 week later R/S showed up in FINRA, and people bailed (the ones who shouted diamond hands! right now) plummeting my investment to 50% of it's previous value. They got out when they realized they were wrong. They didn't care about my losses. Don't assume that other people will, because they shouldn't have to, it's up to you to be informed and make decisions best for you

5) I thought hey Swiss Billionaires who were early on PLUG and made a fortune, maybe it's worth holding on through the split because the value is the same just less upside. (With XMET it's Chinese Real Estate Millionaires)

6) Held through split and ended up with only 400 shares at $4 PPS and got charged a $40 fee by TDA to reverse split the shares (which is lame if you ask me, but TDA don't give a damn)

7) Share Price actually went up and I could have exited at a wash, but I thought hey look at me I was smart and didn't get shook out.

8 ) Nothing followed the rise, no PRs, no filings, silence. and it bleddddddd out back down to 40% of my original value.

9 ) I decided to hold until something happened after that, which took 4 or 5 months where it bled some more, but popped up a little on an 8k so I thought maybe finally I'd get back around to making some money.

10 ) The 8k was to say that the company was a fashion app for rich people to buy rich people fashion stuff. Not what potential I signed up for at all

I sold at 40% value, it's now 4x less than that $1 as of today. Just go ask the Born Inc Investorhub board how they feel about this process. Ask horst who was the RCRanger03 of QUTR. This may be completely different, but more and more this looks like the Lazar playbook and I say that while holding PFMS which was attempted to be R/S in the same way as QUTR was, the ZOOMOUT deal just fell through. For XMET I thought that the Share Reduction Theory (which still seems right to me) might shelter it, but nope we've been through steps #1 - 3 so far exactly the same. It cost me about $50k - $70k in additional potential profits to find out if this would be different. I think I can accept that risk when the reward might have been magnitudes more, and I'm still walking away with $50k and a 1M share insurance plan if I'm just dead wrong. Going to start my ROTH IRA project with that and pay off the house...

All of that to say, I'm impressed you made it to the end of this post. I hope that you all become millionaires, because it probably mean I did too. I'm going to let my remaining 1M go to long term gains. I think even at that point they'll be worth more than the $100 I paid for them. I just hope those that paid $10k for 1M shares are fully aware of the risk they're taking for their reward.

I'll continue to post on the boards, although not as much, and I'll continue to do DD occasionally. Goodluck and Godspeed XMET!