Tuesday, February 13, 2024 10:59:13 PM
FWFW(.083)...potentially interesting development......
Increased my position in FWFW at sub-30 cent prices in early February. It might be worth monitoring this stock a little more closely from this point forward. Since early January I have noticed a pretty interesting development going on with Flywheel Financial Strategy (which is either directly or indirectly the parent company of FWFW). I don't know to what extent (if any) that FWFW will be involved in this development. But if there is any significant involvement, and given how difficult it can be to accumulate shares of this stock, it would not be surprising at all to see a pretty nice move higher in FWFW.
I have been monitoring the social media posts of CEO Roy Tang (Tang Siu Fung) for quite awhile. In early January 2024 on his Instagram account he started posting some things that immediately caught my attention. Flywheel Financial and Astra (also known as Guangzhou Xinglun Safety Industrial Co., Ltd) were forming a new company involved in artificial intelligence, commercial and industrial robots, 3D printing, etc. This kind of perked my interest because Astra happens to be in some areas of business similar to what FWFW is currently involved in. The name of the new company is Fastra Global Holdings Limited. Every indication from his posts suggested they believe Fastra is going to be well-positioned to become a large/influential company in the areas of AI/robotics with sights on a Nasdaq listing. In one of the posts he mentioned that Steven Hoffman (well-known venture investor and CEO of Founders Space) was involved in some way. I found out a couple of days ago that Hoffman is a co-founder of this new company.
Flywheel Financial and Astra held a celebration event on January 20. Interesting to note that two days before this event FWFW filed an 8-K announcing that Lu Yeqin has been appointed Chief Technology Officer of FWFW. Lu Yeqin is the Founder/CEO of Astra, and apparently he is now also the CEO of Fastra Global, according to this Roy Tang Instagram post below from a couple of days ago. Steven Hoffman is in the center of the picture, with Lu Yegin on the left and Roy Tang on the right.......
Fastra Global was one of the presenting companies at the The Microcap Conference held in New Jersey a couple of weeks ago. The person doing the presentation was Priscilla Cheng (Cheng Sin Yi). Priscilla also happens to be the secretary/treasurer of FWFW. I am not aware of any video or material available from the presentation, but this promotional material has the most information about the company that I have seen so far. It looks like they are planning to release at least two robots in Q1 2024.....
https://www.themicrocapnewsletter.com/fastra-global-holdings-limited-advanced-robotics-for-industrial-needs/
Steven Hoffman's LinkedIn post about Fastra from a couple of days ago.....
Again, as I mentioned above I don't know to what extent (if any) that FWFW will be involved in any of this. Some possible scenarios from best to worst: Fastra might go public through FWFW, or FWFW might enter into some type of distribution deal with Fastra, or FWFW plays no role in this whatsoever and eventually Fastra does an IPO on one of the exchanges here in the United States or Asia. So invest accordingly. Despite the uncertainty regarding FWFW's direction moving forward, I find the overall risk/reward pretty interesting, which is why I increased my position.
Roy Tang Instagram: https://www.instagram.com/gshfwceort/
Roy Tang LinkedIn: https://www.linkedin.com/in/roy-tang-with-ninety-percentage-plus-hit-rate-stock-picked-go-up-a8a12a176/
Priscilla Cheng LinkedIn: https://www.linkedin.com/in/priscilla-cheng-562b741b2/
Steven Hoffman LinkedIn: https://www.linkedin.com/in/captainhoff/
FWFW website: https://fwat.com.hk/about-us/
Increased my position in FWFW at sub-30 cent prices in early February. It might be worth monitoring this stock a little more closely from this point forward. Since early January I have noticed a pretty interesting development going on with Flywheel Financial Strategy (which is either directly or indirectly the parent company of FWFW). I don't know to what extent (if any) that FWFW will be involved in this development. But if there is any significant involvement, and given how difficult it can be to accumulate shares of this stock, it would not be surprising at all to see a pretty nice move higher in FWFW.
I have been monitoring the social media posts of CEO Roy Tang (Tang Siu Fung) for quite awhile. In early January 2024 on his Instagram account he started posting some things that immediately caught my attention. Flywheel Financial and Astra (also known as Guangzhou Xinglun Safety Industrial Co., Ltd) were forming a new company involved in artificial intelligence, commercial and industrial robots, 3D printing, etc. This kind of perked my interest because Astra happens to be in some areas of business similar to what FWFW is currently involved in. The name of the new company is Fastra Global Holdings Limited. Every indication from his posts suggested they believe Fastra is going to be well-positioned to become a large/influential company in the areas of AI/robotics with sights on a Nasdaq listing. In one of the posts he mentioned that Steven Hoffman (well-known venture investor and CEO of Founders Space) was involved in some way. I found out a couple of days ago that Hoffman is a co-founder of this new company.
Flywheel Financial and Astra held a celebration event on January 20. Interesting to note that two days before this event FWFW filed an 8-K announcing that Lu Yeqin has been appointed Chief Technology Officer of FWFW. Lu Yeqin is the Founder/CEO of Astra, and apparently he is now also the CEO of Fastra Global, according to this Roy Tang Instagram post below from a couple of days ago. Steven Hoffman is in the center of the picture, with Lu Yegin on the left and Roy Tang on the right.......
Fastra Global was one of the presenting companies at the The Microcap Conference held in New Jersey a couple of weeks ago. The person doing the presentation was Priscilla Cheng (Cheng Sin Yi). Priscilla also happens to be the secretary/treasurer of FWFW. I am not aware of any video or material available from the presentation, but this promotional material has the most information about the company that I have seen so far. It looks like they are planning to release at least two robots in Q1 2024.....
https://www.themicrocapnewsletter.com/fastra-global-holdings-limited-advanced-robotics-for-industrial-needs/
Steven Hoffman's LinkedIn post about Fastra from a couple of days ago.....
Again, as I mentioned above I don't know to what extent (if any) that FWFW will be involved in any of this. Some possible scenarios from best to worst: Fastra might go public through FWFW, or FWFW might enter into some type of distribution deal with Fastra, or FWFW plays no role in this whatsoever and eventually Fastra does an IPO on one of the exchanges here in the United States or Asia. So invest accordingly. Despite the uncertainty regarding FWFW's direction moving forward, I find the overall risk/reward pretty interesting, which is why I increased my position.
Roy Tang Instagram: https://www.instagram.com/gshfwceort/
Roy Tang LinkedIn: https://www.linkedin.com/in/roy-tang-with-ninety-percentage-plus-hit-rate-stock-picked-go-up-a8a12a176/
Priscilla Cheng LinkedIn: https://www.linkedin.com/in/priscilla-cheng-562b741b2/
Steven Hoffman LinkedIn: https://www.linkedin.com/in/captainhoff/
FWFW website: https://fwat.com.hk/about-us/
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