Reverse Mergers & Low Float Plays

[Potse]

ZNNC (.0065)...updates in the last month or so......

Let me preface this post by stating that ZNNC is probably a mess of a company (in a number/variety of ways), so the risk level is pretty high. Transparency and providing investors with a clear/coherent picture of the company has never been one of ZNNC's strong points. Japanese OTC companies have pretty much always been a nightmare to research/understand (speaking for myself), so I don't spend a great deal of time trying to analyze them, and ZNNC is certainly no exception.

The excerpt above is part of a post I made about ZNNC on another board more than 2 years ago. My general thoughts/opinion on the stock have not changed since then. Having said that, I added another block of shares at .0022 yesterday, close to its 52-week low. Currently averaged in under .003 per share. Probably just a matter of time before it makes another one of those pushes above 1 or 2 cents.

Since around mid-late December there has been a somewhat interesting amount of updating to the corporate website and the OTC Markets profile. Two officers and three outside directors were added to the profile in the last two weeks. The addition of the outside directors is something that caused my eyebrow to raise just a little bit. Not sure if this is an indication of more corporate activity and transparency/clarity approaching, but it certainly is an interesting and unusual update.

In December the corporate website was updated with all of the 2022-related items you see below.....

2022
Joint planning of new environmental energy (water steam linear generator) started

Sep. 2022
Completed the registration of 5 over-the-counter companies on the Shenzhen Qianhai Securities Market in China

October 2022
Launched online gaming comprehensive license (including sublicensing) issuance business (established a local subsidiary in Timor-Leste jointly with a partner company)

October 2022
Started sports entertainment business

November 2022
Started development of a Mongolian cryptocurrency exchange (started application for registration with the Financial Services Agency)

November 2022
New environmental energy (world's first, water steam linear generator completed, 10mw/1h power plant construction started in Taiwan)

Dec. 2022
Local subsidiary filed for relisting registration with the Financial Services Agency through an absorption-type merger with a company listed on the Mongolian Stock Exchange. start

December 2022
Launch of NFT Exchange (Zefi) under the financial license of the Special District of the Republic of Georgia

December 2022
Creative business start

https://www.zann-hd.com/aboutus