The Duo are aware that they are now embroiled with legal cases and it is better for them to relinquish all their directorship and shareholdership to the extent of ceasing to be major shareholders. The duo will let another 3rd party friendly to them fight on with the M Group.

You never know what the friendly 3rd party will do next . it is believed takeover and merger could be on the agenda

It seems like Dino is planning to offload his entire shareholding to a party friendly to the duo.

The heavy block is just to facilitate the continous offload open market....

Don't simply simply incriminate some one .....

3rd party could be anyone. This 3rd party must have acquired substantial shares at much higher price earlier on even the drama started. To protect its investment and to prevent it from being further depressed and plummeted to bottom price ( such bottom price is the wish of the duo and M Group to increase their shareholding to take full control ) , they must step in.

If one of the parties ( the duo or M Group ) manage to acquire the required number to trigger a mandatory takeover, that would be detrimental to the interest of the 3rd party where the 3rd party could be forced to accept the offered price ( offered by takeover party ) as a result of the 3rd party would suffer huge losses.

What both parties ( the duo and M Group) care is the ton of cash in the company. Whoever controls will set to exhaust the cash.

A 3rd party is believed to intervene to prevent both parties from reaching the required no.to trigger a mandatory takeover.

We will see if the block will continue tomorrow or it was just illusionary.

That lady Youtuber is still talking Hong seng. Does she know that it is controlled by M Group?

It seems to me she is a risk taker and only picking companies in trouble.

Yer.not yer diverged upwards of course

From day 1 when the board tussle started ,the Youtuber said the price was ready to be diverged.

Whenever it is down by 10%,the youtuber says it is ready to be diverged. Even now, she says it is ready to be diverged.WTH

Have you heard of a saying ? " When two dogs strive for one bone, a third runs away with it" . To put it another way, when the duo and M Group are fighting for more shares at the depressed price , the third party like the youtubers and followers stand to benefit from it too.

It is interesting to see which party will trigger a " mandatory take-over" . The Duo ? or the M Group ? or the unknown 3rd Party ? well well well , the climax of the drama has just begun.......

It can not be denied that both parties ( the duo and the M Group ) are capitalising on the fear of the the panicky chicken heads throwing cheap tickets to them.

To counter this, a 3rd force is believed to have stepped in with the huge block to prevent both parties from achieving their agendas.

Another interesting fact is that there was a huge block of 220 million +++ shares queuing to buy at RM 0.275 yesterday afternoon.

Who created such a huge block? Could it be the Duo ( Dino& Brain), or the M Group or 3rd party friendly to the duo or 3rd party friendly to M Group or another independent 3rd party ( 3rd unknown force ) ?

From the insider news, Dino acquired 16 millions++ back to replenish his shareholdings to 14.21% ( He used to hold 17.71% singly ). It is believed the the M Group is holding about 12%-15% through proxies . Their main proxies now are basically the two fellows so called " IT experts" by the names of Leong and Teh who are having the pledged shares collectively about 12% .

From the above basis ,both the Duo and M Group are believed to be fighting for more shares to take full control . Once either of both parties has managed to reach shareholding of 33% or more , that party will be able to trigger " Mandatory take -over ".

In my view, it could be another 3rd force to join in with the huge block to prevent both parties from reaching the required number to trigger the mandatory takeover or the agenda of the 3rd force is just to protect its own interest by preventing the share from being further depressed and plummeted to penny stock. Thats why the lady youtuber has swiftly posted for a " buy call".

Nevertheless, it is interesting to see if the block will continue to be present next week or not . Yes or No, you should know what to do next .........

Recently , a number of ex- law and enforcement officers such as ex- police heads, ex-DPP ( Deputy Public prosecutors ) etc etc have been appointed by Mafia Group ( M Group ) as non-independent directors sitting the BOD . Why? it is because they want to be portrayed and seen as " the Good " gangs with the participation of those ex law and enforcement officers . Honestly speaking, do you really believe that ?

Secondly , it is their strategy to mitigate the impact of the on-going investigations on them. The current investigation officers in charge could be friendly to the M Group due to the presence of the ex law and enforcement office on board. All these are displayed in disguise.

The lady Youtuber was incorrect for the 2nd factors.

The shares acquired by the two fellows ( Leong and Teh) are basically the pledged shares from M Group who acquired cheap from EN off market earlier on.

The M group want to take full control of the BOD but are reluctant to acquire shares open market cos its expensive to do so. Hence,they resorted to acquire the shares from EN cheap off market . The next step is to pledge their shares to the two fellows.Their purpose is just to convince the market that these two fellows so called " IT experts" with substantial shareholdings are serious to turn the company around in disguise.

Don't tell me you wanna average again?

If you have checked properly , all the shares being pledged to the two fellows ( Leong and Teh ) are from M-Group. When these two fellows ( so called IT experts) are made as executive directors who are also seen to be holding substantial shareholdings in the company, it creates a good impression and confidence that the two fellows are seriously committed to turn the company around.

What a good camouflage and disguise in display ! As said, you can fool Tom, Dick and Harry, but you cant fool the Market.

Exactly, The bankers and others are bound by the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA) , do you honestly believe the bankers and others wanna associate themselves with the M-Group ?? Are you nut or what?

The two fellows so called " IT experts " (Leong and Teh ) are just nominees of the " M Group " who have recently pledged their shares to them under certain conditions so basically, they are just the " puppets " of the M Group whether you like it or not.

Even the most formidable bank can collapse over night.... Do you honestly it can not ?

Judging from the block, the M Group is challenging the market force to make it a penny stock....

To put it this way, the two fellows so called " IT experts " (Leong and Teh ) are just nominees of the " M Group ", Basically, they are just the " puppets " of the M Group.

EN sold his shares off market long ago but the two fellows have recently acquired their shares this week through pledges from 3rd Parties .who are the third parties ? The M Group is in disguise.

In other words , wash his hands and buttock clear and leave

Do you honestly believe that the proxies would sell their shares at a huge loss ? We are talking more than 20 millions of shares? It doesn't add up.

Not possible. It does not make sense. EN sold his shares off market long ago but the two fellows have recently bought their shares.

well, you can fool Tom , Dick and Harry but not the market force. let the market force take its course.

Who knows the company is packaged with so called "IT experts" with the bad agenda behind the scene?

No use, such blockage is seen as a sign of " pump and dump".

So they let you know that the resilient level is at 27.5c with such heavy block so that you will average at 28c ?

https://youtu.be/ciIZgGhgvR8

That youtuber may have bought a lot and trying hard to promote it to the level that she can sell at a handsome profit.

You may recall a few weeks ago , there was one lady youtuber asking for " Buy call" at around 50c+++ at that moment in time. It is believed that many have responded to the " buy call " and have ended up with huge paper loss of 20c +++ by now . The loss could be more when it hits penny stock ..... so pathetic....

Checking back , that youtube clip seems to have gone and been deleted out of the blue.

Don't worry.it will become a penny stock pretty soon

Have you become crazy because of your denial of the fact ?

Posted by joyvest > 1 day ago | Report Abuse

With the lightning speed of 3 cent down per day , it is expected to become a penny stock in the next 7 trading days.

You have failed to check my earlier message.3c per day ,it will become a penny stock in the next 7 trading days. Got it?

Another alternative for the duo is to sell now and then buy back cheap later when it has fallen into penny stock shall they decide to make a comeback in the future.

The Duo must have been hesitating to sell or to hold at some point in time . if they hold, their shareholding will be worth less and less following the depression of share price day in and day out ( it is expected to be a penny stock pretty soon ). if they sell now, they will cease to be substantial shareholders collectively, which would compromise their position to make a comeback in the future.

From the moment when they decided to relinquish their directorship , I believe they are likely to call it a day and dump their shareholdings in the interim.

No matter how it is blocked , the drop is unstoppable due to overwhelming cry for sale. I believe the Duo and their followers are unleashing fast and furious from behind....

Do you honestly believe that you can win by eating coconut ?

Despite of all these pre-warnings and signs , you still invested . Are you falling in love with it or what or are you as blind as a bat ? Do you honestly believe that this company is worth at 0.38 , the lowest of the lowest ?

Though the gangs have increased their shareholdings by buying it cheap open market, they are expected to suffer huge paper loss when the price is dropping to penny stock. But they would be able to recoup by feeding off the asset including cash in the company once they are in full control.

The way it goes, LD is expected

With the lightning speed of 3c down every day, it wont take long for it to fall in to a penny stock cluster.....

Worst of all , many diehard investors refuse to accept the fact of no hope but to keep averaging and averaging till now ............... so pathetic.....

LMAO and/or LOLOF is what it is now ......

It is not a matter of cheap or what but is a matter of " worth" . Do you believe that this counter is worth the current price of 0.27 now ?

you mean you feel the same ?

Whether the retailers and/or the duo have been tricked to sell or not is out of the questions. The retailers and the duo have lost confidence in this company and set to dump all their shareholdings open market anyway. Penny stock is unavoidable due to overwhelming dump.

Once the gang is in full control, they will adopt the " pump and dump" to recoup their investment or losses. A lot of retailers are expected to be drawn into . Why? ,they see it as " affordable cheap" penny stock but they fail to see the potential risk behind it.

As expected,the mafia gang has increased their substantial shareholdings as seen from the two members,leong and Teh who are now the substantial shareholders who are collectively holding more than 10%++ .

The gangs are expected to acquire more to reach more than 30++ to take full control.