VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS This announcement is dated 8 April 2022.
================= VSOLAR, another loss making high NOSH penny stock is the latest to join the list of shares consolidation and fund raising rights issue exercise.
Some stocks that had consolidated are pasukgb, pdz, lambo, trive, kanger, sanichi, pworth, etc
Those in the process are Ages, Mtronic, Digistar and Vsolar
=================== Be careful trading loss making penny stocks that has huge NOSH (BILLION SHARES)
Directors have power to propose shares consolidation and raise more fund via rights issue with free warrants
GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN" OR THE "COMPANY") - EMPLOYEES SHARE OPTION SCHEME ("ESOS")
Green Ocean has on 11 April 2022 offered a total of 116,500,000 share options at the option price of RM0.0225 to eligible employees of Green Ocean in accordance with the By-Laws of the ESOS. The details of the offer of share options are as follows:-
(a) Date of Offer : 11 April 2022 (b) Number of shares offered : 116,500,000 (c) Exercise price of shares offered : RM0.0225 (d) Closing price of Green Ocean’s Shares on the date of the Offer : RM0.0250 (e) Number of Shares offered to the Company’s Directors under the ESOS : Nil (i) Dato' Nik Ismail bin Dato' Nik Yusoff - (ii) Mr. Tay Ben Seng, Benson - (iii) Mr. Roy Winston George - (iv) Mr. Kang Teik Yih - (f) Vesting period of the Shares offered : The Options are vested on the Offer Date This announcement is dated 11 April 2022.
=============== Frequent fund raising via share issuance to PP and ESOS Dilution of shareholder equity % and EPS
Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
MTRONIC -a loss from disposal of investment in quoted shares of RM3.2 million recorded during the period....:) Cheetah-changes in loss on disposal of quoted investments amounting to RM17.41 million as well as Employees’ Share Option Scheme-based payment expense of RM2.07 million ...:) tis coming.....:)
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN" OR THE "COMPANY") - PROPOSED ACQUISITION OF PROPERTY FOR TOTAL CONSIDERATION OF RM6,861,660.00 ONLY
The Board of Directors of Green Ocean wishes to announce that its wholly-owned subsidiary, G Rubber Sdn. Bhd., has on 3 June 2022 entered into a Sale and Purchase Agreement with BRDB Developments Sdn. Bhd.
======================= Expect directors to raise more fund via share issuance to ESOS, PP or RI or asset acquisition when company fund runs low.
Multi-year loss making penny stock company Directors continue to receive salary and payments
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
================ Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!! Announcement dated 2 August 2022
=================== Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
MNC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 29 August 2022.
=================== Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
List of penny stocks with shares consolidation :-
2022 in progress - MNC, MERIDIAN, LKL, IMPIANA, FAST, VSOLAR
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sunsetbiz
739 posts
Posted by sunsetbiz > 2022-03-31 17:10 | Report Abuse
Wow...today seem the road is making it more nearer to 1c ...:)