Replies to post #66320 on Hong Yuan Holding Group (HGYN)

[trader59]

Yeah, sure…
Probably should check GGII’s (Hempaco) market cap today, as well as the rest of their financial statements. It ain’t no multi-billion dollar company. The net loss doubles the revenue of just over a million and they’ve been issuing stock ever since they RM’d in. Check out the 1 year chart, pretty familiar looking OTC pump and dump there.
Legit companies don’t hand over equity ownership to the bagholders of stinky pink shell companies. They “go public” to sell stock and raise money and do it with a proper IPO.

This company’s recently issued 10K says they have no target identified, and given their current status, may have trouble finding one. Did they lie in that disclosure?

[Refined Sugar Kills]

With 74 billion outstanding snares, and a reverse split likely on the way, I hope this doesn't become like GGII/Hempacco.