FBEC Worldwide Inc (FBEC)

[wingtrade]

Very possible, depends what they plan to do here... are they merging in the whole business? Do they plan to R/S the ticker? Will they step into the market and buy free trading shares out of the float? There's a ton of unknowns. On the positive side, this PR from 1 year ago says 10M users, which is pretty interesting.
"Mr. James Dang, CEO of Hahalolo USA, shared that the app had attracted nearly 10 million users within two years"
https://www.globenewswire.com/news-release/2022/08/26/2505048/0/en/Hahalolo-App-leads-the-way-for-global-tourism-s-revival-after-Covid-19.html
IDK how to evaluate something like that properly without knowing revenues and margins. I believe that facebook has 3B active users and market cap over 600B. This is a massive oversimplification but that equates to $200 in market cap per active user. If somehow this is a real deal merger and they're not planning on some kind of shady rugpull R/S scam then even with 7B A/s and just $50 market cap per user that's .07 per share which would be an insane run from trips. Unlikely but hey you never know.