Houmu Holdings Ltd (HOMU)

[cornhole]

In theory if you are an investor and believe in the company you wouldn't mind the price going down as it presents a buying opportunity. If youre a trader you only want it to go up.

Was it not better to cash out and see exactly what Wei is going to do with this? If you sold you could always buy back in to the new company later at a little higher price, you would still be at the bottom of the new company but with the knowledge of whats going to happen and the decision of whether you want to be part of it. Putting money into a ticker with many unknows isn't wise. Like most Lazar tickers that have RS, you will be holding dead money only able to sell at a loss. Unless by chance Wei is unlike every other Asian entrepreneur and actually communicates with shareholders and speaks of his plans. All other Asians that have bought Lazar shells have not said one word to shareholders in 18-24 months since they have owned the ticker. A few dont keep up on filings and one never even filed the proper paperwork to change the name, that ticker is just a cusip number now.

Sometimes it pays to listen to the posters who dont agree with your sentiment or at least try and verify what they are saying. Thall showed the filings for the new A/S and people still talked about share cancellation called him a basher and made fun of him. I wonder if any of those people are still holding.

For those talking uplist, look into the requirements to uplist. It takes a lot of time and money not to mention the PPS needs to be stable above a certain amount (depending on NASDAQ/S&P etc) minimum share holder requirements to name a few things.

Hope everybody made out okay.