Replies to post #3978 on Reverse Mergers & Low Float Plays

[Potse]

KPEA(.20)...CEO interview...acquisitions, Nasdaq uplisting......

China Fortune.com (China Fortune Media Group) did a 6-minute interview/feature on KPEA and its CEO last week. The video doesn't have a closed caption feature, but it looks like much of the final 2 minutes of the interview was about the stock. The article text that accompanies this video seems to make it pretty clear that KPEA still has intentions of uplisting to the Nasdaq at some point. It looks like the company is viewing the upgrade to QB status as just a stepping stone toward its eventual goal of trading on the Nasdaq. Recent internally-generated material that the company has posted on its website, and other recent third-party articles also reiterate KPEA's continued desire to eventually uplist to the Nasdaq.

The interview/article mentions that KPEA intends to complete the acquisition of at least one of the two target companies by the end of this year. So I would probably expect to see some increase in corporate activity over the next few months or so.

Some noteworthy items from the interview/article......

On May 17, 2021, Kunpeng (China) was successfully listed on the OTC market in the United States through a reverse merger. After a lapse of one year, Kunpeng (China) Overseas Holdings Co., Ltd. passed layers of audits and successfully transferred to the OTC QB board in the United States.

Talking about the impact of the capital market on Kunpeng’s business development, Zhai Xin said that since entering the capital market for more than a year, Kunpeng (China) has been expanding the company’s financing channels, improving the company’s capital structure, standardizing the corporate governance structure and improving The company has made considerable progress in terms of the liquidity of its shares, which also laid the foundation for the next transfer to the NASDAQ main board in the United States. At the same time, through the empowerment of capital, Kunpeng (China) will accelerate the development process of the offline entity Kunzhijian·Healthy House.

In September 2022, Kunpeng (China) will start its acquisition and merger business. It is planned to acquire 1-2 high-quality companies and integrate them into the capital system of Kunpeng (China) by the end of the year. Zhai Xin said that Kunpeng (China) is looking for excellent supply chain companies to carry out in-depth cooperation with them to achieve rapid business development and drive up the company's market value and valuation. At the same time, Kunpeng (China) is also committed to helping cooperative enterprises grow rapidly and share the feast of capital.

In terms of capital operation and maintenance, Kunpeng's capital team will provide acceleration for Kunpeng's capital development with high-dimensional professionalism, high-tech technology, and multi-dimensional operability. At the level of the plan to transfer to the NASDAQ main board in the United States, we look for excellent supply chain companies and conduct in-depth cooperation with them to achieve the rapid development of Kunpeng (China)'s business and drive up the company's market value and valuation. At the same time, help cooperative enterprises grow rapidly and share the feast of capital.

https://video.cfbond.com/2022/11/24/991001131.html