OK, Here is that never before seen press release t
Post# of 3400
martymech
Re: None
Sunday, May 07, 2023 12:09:50 PM
Post# of 60870
And now the moment you have been waiting for .. Thank you for being patient!! Most of you anyway.
I wasn't going to post this BUT TheSummerMan talked me into it. We had a brief discussion about all of the REVEALING things that were in this never before seen press release. (at least never before seen here in the United States) We both came to the conclusion that this particular press release was NOT meant for U.S. investors but rather for the Asian investors. More importantly the Chinese people ! We all know that EGOC / Pangbo Group have not waged any kind of promotional campaign here in the U.S. At least not YET. I think that promo of EGOC here in the states is coming SOON! so ... SOOOOOON MOOOOOOON to ya!
Here are just some of the things that TheSummerMan and I agreed upon. He made some key points about the EGOC Press release that was only found in China. I will be a little bit lazy and just copy and past some of his initial thoughts and points of interest concerning the article.
I already know exactly (probably word for word) what one person here is going to say about this press release. I have been here long enough to know his tactics to DIMINISH the value and importance of such a find. In fact I wasn't going to post it because of that.. That and I want to grab some more shares of EGOC while the grabbing is good! So any thanks about posting this never before seen press release ought to be forwarded to TheSummerMan for convincing me that posting the press release is the right thing to do..
After carefully reading THIS entire press release do yourself a favor and read the EGOC press releases that you have hopefully already read that are available in the US. You will see that this Chinese press release is far more detailed and also you will hopefully notice that web page that it was found on is a highly respected and TRUSTED outfit. Also noteworthy is the G2G accounting firms name and contact info at the end of the article.. We have seen this the last couple of press releases.. They are a highly respected CPA organization that have some very specialized skills that one should probably look into. Things are moving along nicely with a QUICKENING! jmo
Here are some of the key points that we agreed upon! Followed up with a link to the Chinese press release put out by EGOC that many here were kind enough to be patiently waiting for. The following were some of the remarks that TheSummerMan had to say about this Chinese press release. There was a lot more discussed about it but I am getting a bit lazy.. I hope everyone sees the whole story and why this press release is huge and really quite revealing .. More so than the watered down press releases that we have seen here in the U.S. Just my opinions. Here are just a FEW points..
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I love the business detail and how it sounds exactly like Pangbo. Meaning they will merge all of their business into EGOC, not just one or two parts.
There's more detail about accounting changes and "adheres to the requirements of the US securities authorities as a reference" is the first statement they have made like that.
This PR has to have been written for a Chinese and Hong Kong audience.
There's a lot of stuff in here that makes it sound like they're preparing for NASDAQ, like "After the completion of the merger of common shares of EGOC, which is actively transferring shares" and "After injecting high-quality business assets, it has achieved higher requirements for profits."
Actively transferring shares to NASDAQ? Achieved the higher profit requirements for NASDAQ?
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(and so much more) I think you will understand the size and scope of this press release AFTER you read it CAREFULLY!
PS: I have some other items in my EGOC/Pangbo Group war chest that I might put out there in the near future..
https://www.douyin.com/video/7059889324401134883
The EGOC consolidated shares were completed, taking a further step forward for the proposed transfer
Whales
2023-04-18 18:50:01
SHANGHAI, April 2023, 4 /PRNewswire/ -- On March 18, 2023, Energy 3 Corp (stock code: EGOC), a U.S.-listed company with global innovative agriculture, health and new energy as its core business, has been reviewed by the Financial Industry Regulatory Authority and officially completed the merger of EGOC common stock. The total number of common shares of the Company will be 30,1,52 after the completion of the share merger, which will optimize the Company's shareholder base and prepare for the positive conversion After the common shares of EGOC Corporation, the total number of common shares issued has been reduced, and the stock price after the merger will increase in proportion. Pooling shares to reduce the number of common shares and increase the corresponding share price of the company's common stock. Except as disclosed above, the Company will not issue any new common shares.
EGOC's share price for the active conversion of common shares has also changed accordingly, and the closing price as of April 2023, 4 US time has increased by 10.37%. After the EGOC merger of shares, the proportion of investors' transaction costs has been significantly reduced, and the narrowing of bid-ask spreads is conducive to stock trading, stimulating active stock trading volume and liquidity, and bringing a larger investor base and higher share trading flow. It will also help attract more international institutional participants and increase liquidity, enhance the market image of EGOC and enhance the long-term interests of the company's shareholders.
EGOC has been sparing no effort to make breakthroughs in the development of modern agriculture and biological health, and after the completion of this joint venture, it will be injected into the Group's high-quality assets, which will help promote the Group's business development and increase shareholder returns, which is a major milestone for the Company's proposed transfer of the board, which is a further step for the proposed transfer.
After the completion of this share merger, EGOC intends to inject high-quality business assets into the company's entity, implement unified financial data conversion U.S GAAP statements, and prepare a data basis for actively recommending the transfer of the board. The enterprise entity has always implemented the development policy of industrialized operation, deeply cultivated and refined in the field of modern agriculture and biological health, upgraded the industry to systematic and refined, and combined with the upstream and downstream resources of the industry to achieve a win-win situation between scientific and technological research and development transformation and corporate profit generation. EGOC intends to inject high-quality business assets into the company's main body, such as cross-border intelligent e-commerce, biotechnology, ecological black pig and other mature projects, in addition to the global sustainable development of new energy project upgrades, join hands with strong resources to enter Xinjiang new energy wind power, photovoltaic fields, and continue to increase new profit impetus for the company's next stage of development.
EGOC combines the current situation of the group's industrial chain, adheres to the requirements of the US securities authorities as a reference, and realizes the transfer with higher requirements of profit, stock price and market value after injecting high-quality business assets, and has made calculations and plans for the second and third stages of technology and industrial development of the enterprise in advance, and returns the company's global shareholders and upstream and downstream customers with the steady development of the enterprise.
As an innovative technology-based enterprise, EGOC is deeply engaged in the field of modern agricultural health and new energy industry, and is committed to providing green and healthy products for all customers and potential customers with the world's most advanced scientific and technological research and development, and continues to provide healthy and differentiated service products for all user groups in the past.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements, including, but not limited to, the Company's proposed offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections regarding future events that the Company believes could affect its financial condition, results of operations, business strategy and financial needs, including expectations that the Offering will be successfully completed. Investors can use expressions such as "approximate", "evaluate", "believe", "hope", "expect", "estimate", "project", "intend", "plan", "will", "should", "could", "may" or similar expressions. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or to change in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will prove to be correct, and the Company cautions investors that actual results may differ materially from the expected results and encourages investors to review other factors that could affect its future results in the Company's registration statement and other filings with the Securities and Exchange Commission.
Contact:
Man Kong Lam
+852-9126-7205
richardlam@g2gcpa.com
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HAPPY HUNTING FOR THOSE CHEAP SHARES OF EGOC THIS COMING WEEK!
http://capwhale.com/newsfile/details/20230418...2172.shtml
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