I understand your concern, but the possibility the

I understand your concern, but the possibility the stock undergoes another RS is almost nothing. Here's why:

1) If Wang wanted all of the DOLV shareholders out, he would have done 1000:1 or 10000:1 like TKRG. Either one of those 2 options, however, would have left the float under 1 million shares. That isn't nearly liquid enough for a company that wants to encourage investment. He could have, but he didn't. He RS'd just enough to get us over the $2 tier for uplisting.

2) If he wants to dual list, the shares foreigners will buy will be from a separate pool. It basically works like 2 separate entities trading, but they have a combined market cap as it relates to valuation. He doesn't need to make more room in the OS for Chinese shareholders.

3) Yes, the preferred shares remained the same, but consider what they have been issued for up until now. Every time Wang has been issued new preferred shares, it has been for a transaction. 300k for the shell, 100k issued shortly thereafter for assets, the last 100k issued when JB & ZJMY Co, Ltd (China) was merged in. He takes preferreds as compensation for assets, and my feeling is he will use them for the same thing in the future.

4) With that being said, this stock has undergone new issuance of commons only once in the last year, and that was to eliminate the last of the legacy debt the shell had and pay fidler's kid for stuff he did in support of the lawsuit. Wang isn't diluting us, never has, and I see no reason he would just start doing it now for no reason. If he plans on using common shares for acquisitions, fine. They will be restricted when issued and will add significant value going forward. I suspect, though, he plans on using preferreds for that. I wouldn't be surprised to see him issue himself more of those to acquire something else, i.e., Jinbo Group, but it literally has 0 effect on our ownership or the share price unless he converts them, and he doesn't seem particularly interested in doing that.

He's had months since the RS to dilute, and the OS hasn't changed. Wang is nothing if not consistent.


I do find it kind of funny that you would ask about it going to .02 on a day we're up 10% though. If it did that I would have so many shares it wouldn't be funny. Camp Long already owns like 40% of the float, we'd have it all if that happened. The share price only took a hit because a couple larger holders dropped out because they can't wait for Wang to finish what he's doing. It would appear the bottom was in in the last couple days. I expect to see us retrace toward our previous channel in the next few weeks.

Fwiw.