Lazer’s track record is to take abandoned shells and sell them to pump and dump companies. None of those companies are real, they’re just props for the fairy tales. Just like this one chose a name to allow the twitter pumpers to make up the fairy tale of a multi-billion dollar company handing itself over to the shareholders here.
Hongyuan Holdings, Ltd., is not merging in here. That would be monumentally stupid, handing over ownership to people who never gave them a thin dime. If they ever have any need for capital and any desire to enter the US stock markets, they’ll do it like all legitimate companies do, with a proper IPO.
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