Replies to post #1845 on Hong Yuan Holding Group (HGYN)

[Shaka_Zulu]

Ecostate doesn't this remind you of your pal Peter Hoffman and SAPX, similar components. Any company that does business with IronRidge Global and JMJ Financial are fools, IMO. JMJ are probably also converting there notes from June, 6 months after making the agreement. Their rent in CA is over 13,000 a month... a sale or merger is possible at this point in time and shouldn't be ruled out.

[Chin_Wolfy]

that is from Q3 filing right? stock was trading in the .30 cent range at that time... looks like the damage has been done.... maybe more damage? who knows...

[neophyte184]

Thanks for the clip. I'm gambling on them to succeed!

[flaflyersfan]

shaka-zula, $4.6 million to Magna Group alone @ .02 is 230 million shares;

Except Magna Group get their shares at a 25% discount to market. CERP will be subpenny way faster that I expected and 495 million A/S is nowhere near enough stock to cover issuance obligations at current share price.

Good luck.

[bigbux1]

Oh yeah, investors are lined up for this...'Completed a Registered Direct offering to issue 1,000,000 shares of common stock at $0.50 per share for gross proceeds of $0.5 million.' LOL