Liaoning Shuiyun Qinghe Rice Industry Company Ltd (EM) (SYQH)

What the hell happened here today?

SYQH Pink current and back to $1, low floater.

SYQH trying to get current before new SEC rules. Nice low floater.

Filings out:

On October 20, 2020, Jianguo Wei, our former Chief Executive Officer, President, Treasurer and Director, entered into an Acquisition Agreement with Shanghai Yuyue Enterprise Management Consulting Co., Ltd. (“SYEM”) pursuant to which Mr. Wei agreed to sell all 7,258,750 shares held by Tan Ying Lok, constituting approximately 98.75% of the Company, to SYEM for aggregate cash consideration of $200,000. Mr. Wei was authorized to enter into the Acquisition Agreement on behalf of Mr. Lok pursuant to an Authorization Letter dated October 20, 2020. The acquisition consummated on October 20, 2020, and the parties are in the process of transferring the securities to SYEM which is expected to be completed in October 2021.

Few buys coming in early today.

Evergreen International Corp., EVGI, changed to Liaoning Shuiyun Qinghe Rice Industry Co. Ltd., SYQH:


https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Name/Symbol Change per DL

New name: Liaoning Shuiyun Qinghe Rice Industry Co.
New symbol: SYQH

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Yes noticed it let’s hope not continues today

EVGI getting some decent volume today.

Nice!

SYQH Rename Announcement
Original code EVGI

https://www.globenewswire.com/news-release/2020/11/23/2131499/0/en/SYQH-Rename-Announcement.html

Hope this one comes through for us.

Nice!

SYQH successfully logged into OTC

https://www.otcmarkets.com/stock/EVGI/news/story?e&id=1697260

Nice I'll take a shot. I have accum a lot of NAF*-- Plan to make at least a double there!

I wish I knew. Only thing I know is that float is very low, PPS is going down and RM looked very promising. It's a bit of a gamble, but if something is ever happening here it could go up big.

You think this a good play-- if I can pick some up on the bid?

Yeah, very true, I think BLYQ actually dropped into the .30s then ran back to a couple bucks. Not sure what to think here, it obviously not retail selling, as no one has gotten any cheap shares, but if it falls much more I'll add.

Seems like a lot of low o/s Chinese tickers, and other more illiquid, newer shells have been either completely dead or getting hammered lately.

Yes I picked some up as well ..

I remember BLYQ was dumped last year before it started running, hoping for something like that with EVGI. But it's always a gamble...

I would like too, but not sure about these new shares showing up. I think about 15% of the float traded yesterday, seems rather unusual for this ticker. I see a similar thing happening in BLYQ as well, which both started trading around the same time if I recall correctly, both have similar share structures, and both are Chinese changes of control...idk.

It's either a good buying opportunity...or....???

Picked up some more

Don't know whats going on. Was on mobile when I saw the drop, picked up a few hundred @ .80 just in case. Come on RM...lol

Big discount today, tempting to add, wish we had some new details on this RM though, it's taking forever.

Nice trade today, back to $2.

I am still holding too

Nice. Like to see this sleeper wake up..lol

Me too

Scooped up a few more.

Next time my friend, hang in there.

Nice buys guys I was thinking about picking up more as well...

Nice job!

Likewise! I have patience. Paid off many times this year.

Nice to see you're still in this.

Me too

Added a bit more to the pile today.

$3

Yeah, still waiting for some news/updates.

some rare trading in this stock today...as of April 8 still had a 91k share float...

Progress indeed. This is taking awhile, but I will be patient. From your latest news post, looks like a lot of stuff to look forward to.

Thanks, yep still here, still waiting for this merger to materialize....lol. It's taking awhile, but it sounds like they are making progress.

Good to hear from you Big Brother! Sounds like they have a plate full of tasks to implement/restructure including management. Thanks for the news. Been adding here little by little.

I missed this news the other day, as usual the translation isn't the best, but it sounds like getting the Group listed in the US and/or on New Third Board Market in China is a main priority for them this year.

http://chang-qing.cn/news/news_n?id=243

1. The listing work has taken a solid step.

In accordance with the determination of the chairman of the board of directors to "do spare no effort, find ways to find ways, multi-path and multi-methods to be listed in Hong Kong or the United States", the competent authorities carefully planned, strictly organized, overcome difficulties, and fully promoted the preparations for listing.

Relying on professional teams to find partners, solve the problem of foreign exchange funding channels, and identify intermediaries. In May, the chairman and the listed professional team signed the cooperation intention. In June, the group officially signed a cooperation agreement with ARBE in the United States.

After that, asset restructuring, standard financial management, the establishment of eight Sino-foreign joint ventures and overseas companies, the organization of employee internal equity subscription, to prepare for the group's US listing.

Agreed. I plan on adding some more.

The company looks great. It can take some time though. But I have patience. As soon as they move their assets in it's game on.

Nice! Hopefully worth the wait for something good.

Waited a long time for it, but finally got some

Slowly adding a bit more.

Been slowly accumulating

Man, I was in Asia last year (on vacation - finally!) and when I was in Tokyo I saw the Pachinko places first hand. Crazy.


I was actually with my friend who has been living in Tokyo for 3+ years now - same guy who translated some KNBA documentation for me back in the day.


These days I'm pretty much only focused on Big Boards but every once in a while I check on a few people from iHub - just to see what they are looking at.