Unless you're day trading, it's essential to read
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(Total Views: 154)
Posted On: 01/07/2022 1:17:14 PM
Unless you're day trading, it's essential to read a company's financials. Last page (F9) of the quarterly ending 9/30 and published on 11/15 it says:
"NOTE 7 – SUBSEQUENT EVENTS
Subsequent to September 30, 2021, the Company’s board of directors and shareholders approved a name change
from Energy 1 Corp. to China Yicheng Technology Group Limited, and a change in trading symbol in order to reflect
future planned business operations. The application has been submitted for approval to the Financial Industry
Regulatory Authority “FINRA”."
You can't get any more definitive than that. Some time after 9/30 and before 11/15 the application was submitted. Focusing on whether a PR is vague or sufficiently clear is the wrong thing to focus on. The info was clearly stated in the financial report and is unambiguous.
The reports are publicly available and easy to find. For someone to claim they have looked and looked and can't find a clear statement about the application being submitted is preposterous and quite frankly embarrassing.
"NOTE 7 – SUBSEQUENT EVENTS
Subsequent to September 30, 2021, the Company’s board of directors and shareholders approved a name change
from Energy 1 Corp. to China Yicheng Technology Group Limited, and a change in trading symbol in order to reflect
future planned business operations. The application has been submitted for approval to the Financial Industry
Regulatory Authority “FINRA”."
You can't get any more definitive than that. Some time after 9/30 and before 11/15 the application was submitted. Focusing on whether a PR is vague or sufficiently clear is the wrong thing to focus on. The info was clearly stated in the financial report and is unambiguous.
The reports are publicly available and easy to find. For someone to claim they have looked and looked and can't find a clear statement about the application being submitted is preposterous and quite frankly embarrassing.
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