@TheShaneIsaac Come on Shame it's time to pay @CallumUptonYT for proving you wrong. I hope @asicmedia investigates you and @earth2io for fraud. #Earth2
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Stonks 🌐
10.2K posts
Stonks 🌐
@1nf0SeC
Not a professional stock trader but here to learn. All opinions and thoughts are my own.
Antartica Katılım Şubat 2017
464 Takip Edilen1.8K Takipçiler
$SOS First off people are uneducated but I'll say this. Any US listed stock on the NYSE and NASDAQ are given extensions and have an appeal process for staying listed in the event that the multiple extensions a company requests leads to a delist or downgrade to OTC Markets.
Xizeyh@Xizeyh
@1nf0SeC $SOS Can you verify the fact that on the NYSE, companies that trade under 1 dollar only have 6 months to regain compliance without additional extensions?
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$SOS 1/? Let me explain, the reason why we don't get PR for Mainland activity is solely because of the loophole. Chinese companies who are publicly listed report their Chinese entities to Beijing as having no foreign investors since Chinese law prevents foreign investment.
Stonks 🌐@1nf0SeC
$SOS New entity that SOS opened up in China called Che Xiaoer Technology Co. Ltd. In December 2021. SOS Auto Service, Qingdao SOS Investment Partnership, Wang Yilin, Jie Weizhao and a Mr. Guo Gang are investors. The Executive Director is Mr. Wang Bin and the Manager is Wang Chen.
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$SOS 3/? If a Chinese company is listed using the VIE loophole and they start pushing PR about Mainland activity, legally, it's a problem. Why? Because Beijing will see that these companies are reporting that all investors of their mainland co.'s are Chinese when that is not true
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$SOS New entity that SOS opened up in China called Che Xiaoer Technology Co. Ltd. In December 2021. SOS Auto Service, Qingdao SOS Investment Partnership, Wang Yilin, Jie Weizhao and a Mr. Guo Gang are investors. The Executive Director is Mr. Wang Bin and the Manager is Wang Chen.
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$SOS Regarding the securities class action, these cases usually take about 2-3 years to conclude. In such cases you're looking at three scenarios, the company will either settle which may most likely be the case, a judgement or even a dismissal (this can happen at any point.)
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$SOS I'll also forgot to say but a combo play includes the SEC here too. If let's say the SEC concludes no wrongdoing was found the stock will most likely go up. Hence, it's important to understand the price of $BTC, the validity of the lawsuit with how far it's come, and the SEC
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$SOS Good question. Well here's the thing such plays now go from being a Primary Play which is BTC focused to now being a combo play by this I mean it's now a lawsuit + BTC play. If SOS wins the case against Beltran then this stock will pop but again you have to measure risk here
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@wallstreetdrip $SOS Yes they mentioned the Kimberly Beltran lawsuit in the first paragraph of this filing.
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$SOS Sorry guys for the scuffed image quality the link to this filing is here: sec.report/Document/00012…
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