Jayman5000
6 years ago
Yinghang Internet Technologies Development Inc. Appoints New Officers and Directors
HONG KONG, CHINA / ACCESSWIRE / October 17, 2018 / Yinhang Internet Technologies Development Inc. (OTC PINK: YITD) ("YITD" or the "Company") is pleased to announce that on June 19, 2018, a custodian was appointed to oversee YITD and the Company was reinstated with the Nevada Secretary of State. M-Dragon Industrial (Hong Kong) Ltd., https://www.m-dragon-intl.com/enghome, then became the majority shareholders of the Company.
The business purpose of the Yinhang Internet Technologies Development Inc. is to seek investments in existing companies. On Sept. 20, 2018, M-Dragon Industrial Ltd. acquired 70 percent of Fu Wah Medicine Co. Ltd., http://hkfuwah.com/en/, and M-Dragon Industrial Ltd. became the controlling shareholder. Fu Wah Medicine Co. Ltd. is a growth and investment company.
Mr. Alexander Shiu Yin Mak as was appointed as the Company's President, CEO and Director. Mr. Lee Tat Hung was appointed Treasurer and Chairman.
Both Mr. Mak and Mr. Lee have over 15 years of experience in business and financial industries and have held positions as officers and directors for several companies. Mr. Mak and Mr. Lee's experience are in line with YITD's business model for future business endeavors.
About Yinhang Internet Technologies Development Inc.
YITD is a diversified investment corporation. The Company is actively seeking a select portfolio of strategic investments, which are based on market trends and their ability to deliver strong returns to shareholders while enhancing the communities in which the investments are located.
About M-Dragon Industrial Limited
M-Dragon Industrial Limited, https://www.m-dragon-intl.com/enghome, is an investment company investing in target companies long term. Their headquarters is located in Hong Kong. Mr. Mak is the CEO and Director of M-Dragon Industrial Ltd. and Mr. Lee acts as the company's Chairman and Treasurer.
Fu Wah Medicine Co. Limited
Fu Wah Medicine Co. Ltd., ("Fu Wah"), http://hkfuwah.com/en/, is an established enterprise in Hong Kong, founded in 1950. Fu Wah is a wholesaler and retailer of generic and innovative medicines, health products, medical equipment, traditional Chinese patented medicine and dietary supplements. It has a worldwide distribution network with agents in both Malaysia and Hong Kong, while also being represented in many other countries such as Singapore, Vietnam, Malaysia, Sweden, Australia, South America and the United States.
236T568
11 years ago
BISN files 3rd Quarter 10Q with SEC for the period ending January 31, 2014
http://www.sec.gov/Archives/edgar/data/1494722/000146970914000060/bisn10q_013114apg.htm
no revenues for the quarter
only $205 in cash (no kidding, Two hundred five dollars)
only other assets are $150,000 in
Stock Subscription Receivable
CEO got paid about $400,000 in the 9 months ending Jan 31, 2014
Funds raised in recent private placements at $0.30/share
LouisDesyjr
11 years ago
Absolutely ridiculous valuation
According to yahoo.com, the company has a share price of $1.38/share, giving it a market cap of $54 million. According to the July 31, 2013 quarterly report, a person buying shares get ownership in a company that:
1: Only has $30K in cash and no other assets.
2: Has never had any revenue, never pumped any oil.
3: Spent over $500K to do what appears to be nothing. Of this amount the companyβs officer got over $350K.
4: They did purchase some lease rights in Wyoming for one million shares, but it is unclear, what value, if any, the leases have. In addition, with only $30K in cash it is questionable as to how they would ever develop such leases. An additional warning to me is that the leases were purchased from a company organized in the British Virgin Islands.
Louis J. Desy Jr.
LouisDesyjr@gmail.com
ThePennyDoctor
11 years ago
Beautiful call on the bounce - I missed out as I was trading other tickers. Got lucky today with a huge gapup on GTA* (non-OTC ticker).
PGL* may bounce tomorrow or Wednesday if you like bounce plays - I made nice money on that one long and avoided the dump today as I cashed out yesterday; I should have shorted. I would prefer to play the bounce after it falls further (hopefully another crash tomorrow), but it may bounce tomorrow.
I will keep an eye on BISN, but am probably done with it. If I had to guess, I think it will climb higher tomorrow, but then crash before reaching the old high (ie, normal P&D pattern)
ospreyeye
11 years ago
BISN Chart: This P&D has fully retraced.......Filled the Gap down to 0.80 & Bounced back above a buck......NICE.......It's not a coincidence BISN closed @ 1.05........just look @ this chart.......12 days in Oct. BISN closed @ 1.05......this called a Market Maker level......MM levels are Support & resistance levels......they can be used as Buy & Sell points.......
This is the "D" part of a P&D........notice how 4 days of gains were wiped out in two days?........stocks drop twice as fast as they go up........Congrats to the Bears........two sides to every trade......
SAR flipped to a Sell signal Mon......many Indicators are turning bearish.......that said, a Bounce/Bullish reversal should come,,,,,,,,looking for a Doji, Hammer or white candle to form the reversal pattern.......
BISN on bounce radar.........$$$