Well that was quick. What was strange was they filed with Nevada for a stock split but the numbers didn't reflect it.
I am a bit curious about these companies being run out of Flushing NY. Are they purposefully using these companies with high pps after the big R/S as an asset to inflate their personal holdings portfolio? Something seems very off that's for sure.
Google translate US time on June 21, 2017, Sinochem Morgan Holdings Group through the US Financial Supervisory Authority (FINRA) approved in the United States OTC market listing transactions. According to the requirements of the US Financial Supervisory Authority,the code "MPGSD" will be used for 20 working days from the date of approval, and the new code "ZRMG" will be opened from July 19, 2017. As of 4:00 pm on June 21, 2017, Morgan Stanley Holdings shares were traded at $ 2.8 a share.
Yu Pei Tong, chairman of the financial holding group, said the company plans to go to the Nasdaq Main Board for trading in 12-18 months.