No Data
Express News | Shares of Stocks in the Broader Software Sector Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points
Express News | Trading Halt: Halt Status Updated at 8:55:00 AM ET: Quotation Resumption: News and Resumption Times
MMTec Inc Trading Halted, News Pending
Express News | Trading Halt: Halted at 7:50:00 P.m. ET - Trading Halt: Halt News Pending
MMTEC Inc To Carry Out 1-for-8 Reverse Stock Split On December 18th, 2024
MMTEC Inc | 6-K: Report of foreign private issuer (related to financial reporting)
Zhancheng Zhang : You mean "153M" from XHG? The problem is XHG itself is going bankrupt, and the only thing MTC can get is the XHG stock, which is worthless.
72619799 OP Zhancheng Zhang : yea, that could be a problem. but at least MTC can take back Alpha Mind and they can take shares of XHG for interest portion, which they can sell and get money to a certain extent.
Zhancheng Zhang 72619799 OP : The problem lies in Alpha Mind, which is a worthless entity on the verge of bankruptcy. Otherwise, XHG would not have seen its stock price plummet by 96% within a year of acquiring Alpha Mind! Furthermore, in MTC's latest Earnings Reports, it was mentioned that the company's revenue for the first half of 24 was 0! Have you ever seen such a directionless company? I hope to witness a miracle, but the hope is faint :)
72619799 OP Zhancheng Zhang : I totally agreed. when I saw their report, I was literally shocked.
however, from the beginning their business has been small and almost nothing other than AlphaMind. their plan was to invest something else by using the cash from AlphaMind I guessed.
without such money in their hand, they need to pause the business ...
72619799 OP Zhancheng Zhang : only one thing we could say hope is that the less floating stock thanks to RS. this stock is more manipulative one than health company.
so now easy to be manipulated. that is only hope
for exam, NVNI. this is about to be delisted and garbage company.
but 3 days ago it was 0.36. then 0.6 in a day and 2.7 in following day, even touched 7.2 in AH on the day.
just two days ... I saw it today touch 12.0 and over ...
totally manipulated
View more comments...