InvestorsHub Logo
Followers 262
Posts 11479
Boards Moderated 0
Alias Born 08/01/2009

Re: jufel post# 49599

Wednesday, 11/30/2022 10:08:59 AM

Wednesday, November 30, 2022 10:08:59 AM

Post# of 51985
If it gets as far as a RS split with all of the previous criteria met (current pink, reverse merger news (this will be already IMO to several pennies)). So a followup reverse split to get to the Nasdaq would IMO continue to propel the share price upward (Not downward).

We still Need to get current pink but in order to do that SBES will need to ASAP file all the quarterlies they have not done which is all of them for 2022. Then it will be a couple of weeks after that before OTC processes it and then with news of the reverse there begins our run.

From what I see happening here they are not looking at this as an asap situation (getting pink current. THEY ARE NOT BEING TRANSPARENT TO SHAREHOLDERS. XU got his money from 4.5 billion share sales. Do not know where it all went. Even if he isn't part of the equation anymore there is no skin off his back he got what he was after. Where the reverse merger announcement is concerned with every passing day I am personally looking at this in a more and more negative way. I would not be if they would have filed their quarterlies to STAY PINK CURRENT.

But who knows all that is involved here for the reverse merger to be completed in its entirety. They are changing the name of the company and moving it elsewhere. At least on paper as this is a shell.