EAIN($3.75)...increased my position yesterday......
Added another 1.5K shares to my position yesterday, mostly in the $3.35-3.50 range. The reason for increasing my shares is pretty much explained in the post below. Definitely high-risk, but given how few investors are aware of the change-in-control, the potential for some upcoming catalysts, and the extremely low amount of shares available for trading, I figure it is worth taking a chance at these price levels......
Also, while doing some internet searches in the last few days I noticed this March 4, 2021 article in China regarding the company that has purchased control of the EAIN shell. This is a translated version of the article. I've placed in bold the description of Plural Industry Holding Group.......
HAFG fully assists multi-industry holding group to go public in the U.S.
Recently, the Global Asset Management Financial Group (HAFG) issued an announcement that the company signed a corporate financial consulting service agreement with Multi-Industry Holding Group Co., Ltd. on February 10, 2020.
According to the cooperation agreement, HAFG will act as the sole financial adviser to provide multi-industry holding group limited company with assistance in listing in the United States, as well as consulting services on corporate governance, internal control, financial reporting and investment strategy after listing. The initial period of the cooperation agreement is one year, and it can be negotiated separately by the parties upon expiration.
Multi-Industry Holding Group stated that the company signed a financial consulting service cooperation agreement with HAFG. The company can expand financing channels, reduce settlement costs, and improve capital efficiency, which is conducive to the company's long-term development and is also in the interests of the company and shareholders.
Multi-Industry Holding Group was incorporated on November 27, 2018. It is an American multi-industry group company headquartered in New York. There are many companies under the group, the service scope covers many industries such as big consumption, big health, big cultural tourism, real estate property, jewelry art, catering chain and so on. The core business is to provide enterprises with a new generation of business strategy analysis and aggregate forecast analysis, accurately locate the risks and opportunities that may be encountered in the development of the enterprise, so that decision-makers can obtain the expected results through the strategic plan, while controlling costs and risks.
The development plan of the Multi-Industry Holding Group is to "build a big ecology, incubate a group of unicorns, and build a good team" as the goal, and grow together through the company's own industry incubation and empowering partners. At present, the company has established a comprehensive operating system platform based on industrial research, basic services, business incubation, talent cultivation, and cross-industry cooperation, as well as services based on business development, asset operation, publicity roadshows, fund venture capital, supply chain finance and other services. Branch industry.
With the continuous development of the capital era, brand-new diversified industries will surely inject new vitality into China's industrial upgrading, economic transformation, and national rejuvenation through the empowerment of more partners!
