Replies to post #38090 on Houmu Holdings Ltd (HOMU)

[Gains8]

I’m not sure your theory is correct, plenty of established Asian companies have no interest in being on Nasdaq or NYSE etc.. why give your hard earned money away.. some view them as a middleman that can be cut out of the equation. Current Asian OTC companies : Toshiba $18,02, Hyundai $48.60, Hitachi $99.62 just to name a few

[ALDACON]

A large part of this RS was to get OS down to a manageable size, lets face it who wants to start any company with billions in OS and billion float?
Yet to be seen if they are going to up list, sure thats a hope for every company in the OTC. This was very reasonable split, 1-100 is nothing compared to others ive been in that went 2500-1, will not take much buying to move this first above a buck, next will be 5-10 IMO. Still in the shake out process obviously, was hoping to have it all over and done with Friday, looks like the unauthorized shares are still being rectified. Patience here is the key, we see how many lost their money buy panic selling before the split, if they would have held they would be either green or close to it. I personally am now in profits, even if my shares are un tradable at the moment, been waiting since last June for all this to be over with, another few weeks is nothing. The longer the shares are locked up the better off everyone will be IMO. Just hope once the flood gates are opened the facts will be out on where the IPO is going & will be positive enough for everyone to hold instead of sell. We will see soon enough.