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Friday, June 07, 2024 10:28:41 AM
25-million shares at current share price is only $25K. Essentially nothing.
Houmu Holdings, LTD, is a bankrupt Chinese REIT. Every Chinese REIT is in distress. Most are in or approaching bankruptcy.
HOMU is in the expert market, as are over 5,600 other dead stocks. Stocks are sent to the expert market, so they can be cellar boxed to protect shorts from paying taxes on tickers they shorted and naked shorted into bankruptcy.
Expert market is a BAD thing. It’s not good.
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