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Saturday, 03/23/2024 3:11:30 PM

Saturday, March 23, 2024 3:11:30 PM

Post# of 77571
There's zero chance this company is going to the Nasdaq. They're tight with the CCP and the CCP is forcing Chinese companies OFF of the Nasdaq and over to the OTC. The RS, if and when it happens, is not so they can get the pps up to Nasdaq standards; it's to get shares out of our hands and into Chinese hands (their users and merchants via the points rebates). That's why they're going to accompany the RS with an issuance of new shares. I've said this before: JFH is run by Chinese nationalists. All of their videos are rife with it, as will be the listing party on Thursday. That does NOT mean the stock is worthless. It means you should try to imagine how much they want the rebate shares to be worth when they issue them, that will tell you what the RS will look like both in timing and splits. There are several tweets and posts on this board discussing how JFH issues its points, i.e. registering new users, consuming, watching ads, etc. We simply don't know how many points they will require before they exchange them for a share of stock. What we can reasonably guess, however, is they won't want those shares to be worth fractions of a penny. That wouldn't be much of a carrot to dangle in front of their users. Will they want 10 yuan? 100? What would that correlate to before or after the split? What will happen to the value of their/our shares after the split? Usually it goes down. But will it here if the company is continuing to expand? All guesses are valid at this point. Personally, I think this is worth playing to at least $1.40 USD. That would be 10 Chinese yuan. Maybe that would mean something to them.