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Thursday, March 21, 2024 8:58:38 PM
First, the RM seems pretty much certain at this point. We don't know how JFH plans to use the new company, but given their business model and everything they've said publicly in China about expanding and creating wealth, it seems likely they'll move most or all of their business into IGPK. It would be counterproductive not to.
We know we got our butts shaved raw on Tuesday, but the bounce had been solid and, perhaps more importantly, powered by volume that's double what we saw during the week-long run that brought the pps to just shy of .02. That's very encouraging. There's still big money flowing here.
We know the RS paperwork was real. However, we also know that filing it with the NVSOS doesn't mean it's actually going to happen. Filing it with the SOS at this point in time, before any of the catalysts mentioned above have happened, is highly irregular. Why would they do that? Are they purposefully trying to eradicate current investors?
Which leads me to the last thing that we know for certain: JFH is run by Chinese nationalists. Everything they put out on social media blares that fact. Maybe that's for show to stay in the good graces of the CCP, but we have to assume that the loyalty of this company's leadership is NOT to U.S. investors. It is to Chinese investors. When they talk (and talk and talk) about creating wealth, they are not talking about American wealth. Or Australian. Or Polish. They are talking ONLY about Chinese wealth. That's how Chinese people think. That's not necessarily wrong but, all value judgments aside, it's absolutely true. Now, can we profit along with them? Yes. But when you're trying to get inside their heads to divine what they're going to do, always ALWAYS remember that they care less about you than even the Whale does.
Obligatory IMO yada yada.
Recent IGPK News
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 03/01/2024 06:23:16 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM