Replies to post #17930 on Hong Yuan Holding Group (HGYN)

[usandy]

I disagree with your premise. The company announced their financial obligations had been settled through December of this year. Now you say they are not. You are asking the loyal shareholders to trust the company to inflate the total shares to TWO BILLION, and accept a reverse split that will devastate the reputation of CERP once more. Taken separately, these are actions that cause shareholders and speculators alike to flee... together they would cause wholesale panic and a firesale of epic proportions. Better any takeover bid up the price, not convince their own shareholders to approve a plan that pushes the price to triple zeros. No way, no how will you convince me to this suicide pill.

[BRICK_TOP]

Just to clarify, CERP received $12.5 mil for the dillution right? I know my wording is funky, but that's what it is. Money for dillution

[MrMojoRisin]

Wait, the company is selling "Mega millions of shares", you say, then how is it this ticker is up 300% in 1 month. :) just curious.