InvestorsHub Logo

ForReal

08/24/14 5:06 PM

#8612 RE: Value_Investor #8610

The current A/S is shown in 3 different places. OTC Markets (Company Profile) shows 2,000,000,000 as the A/S. The Wyoming SOS shows the A/S as 2,000,000,000 shares (where MCII is currently domiciled). And finally, the last Interim Financial report (dated Feb.26, 2014) shows the A/S to be 2,000,000,000 shares.

The current number of O/S shares is also noted in the Interim Financial Statement (Dated Feb. 26, 2014) shows the O/S to be 204,675,375. Of those 204,675,375 shares (in notes of Interim Financial reports, regarding splits, dividends, mergers, etc.), it is noted that Diane Dalmy, as proxy buyer for Success Holding Group, received , for the buyer, a controlling interest of 139,000,000 restricted common shares and 2 preferred shares.

The OTC Market Company Profile also shows Steve Chen as CEO of MCII. The link to the Business Week article shows Steve Chen to be CEO of Success Holding Group (for which I previously posted a ticker symbol for).

There is no information (more current) to refute these facts. Nevada SOS information indicates the Nevada Corp. Charter was dissolved, when MCII became a Wyoming Domiciled Corp. Therefore your statistics, with regard to Nevada numbers is obsolete.

ForReal

08/24/14 5:38 PM

#8615 RE: Value_Investor #8610

My posts here are not to negate the possibility of an opportunity to making money trading shares of this shell. Quite the contrary. The insiders owning one shell already and buying this one is more positive than negative. It is apparent that they had some intent to merge a company into this shell. For some unknown reason, that attempt was aborted. That does not mean they have curtailed their efforts to do so. The Business Week link I posted outlines their plans to bring a variety of different Chinese companies public via a reverse merger into shells they are buying or already own.

The share structure gives them enough shares to offer a prospective candidate the opportunity to merge. Whereas, a small number of available shares makes that probability less likely.

So, I don't see the current share structure or their affiliation to Successful Holding Group as negative at all. And I can't understand the arguing back and forth, over the numbers as published at OTC Markets and Wyoming SOS. What is, is. It appears there are currently, about 65 million shares in the float. What is so bad about that?