============= Be careful holding high NOSH multi year loss making penny stocks, many of which had undergone shares consolidation resulting in huge losses to retail shareholders
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
EDUSPEC & DOLPHIN are the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 13 January 2023.
=================== 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
Long term shareholders holding at high prices will incur huge losses due to the corporate exercises
List of penny stocks with shares consolidation :-
2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN, EDUSPEC
For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Abridged Prospectus dated 2 December 2020 issued by the Company in relation to the Rights Issue with Warrants.)
The Board of Directors (the Board) of Green Ocean wishes to inform that as at 5 January 2023, the Company has yet to fully utilise the proceeds raised from the Rights Issue with Warrants and the Board requires additional time to utilise the balance proceeds amounting to approximately RM1.656 million for working capital for the gloves business (Extension of Time).
The Board has resolved to extend the time frame for the utilisation of the said proceeds for another 12 months period from 4 January 2023 to 3 January 2024 (Revised Time Frame) to provide additional time for the Group to utilise the balance of proceeds for working capital for the gloves business. Details of the Revised Time Frame are as set out in the table below:
Selepas Victor Chin, Fail Peguam Mafia Korporat Chong Loong Men pula terbongkar
Kini fail peguam mafia Chong Loong Men pula dibongkar. Bekas DPP AG/SC itu menguruskan syarikat korporat mafia milik Victor Chin dan 3 lagi mafia korporat. Beliau memiliki saham dan dilantik BOD syarikat mafia. Chong Loong Men peguam dalang rampasan syarikat senaraian awam di negara ini. Mereka sudah merampas Classita Holdings Berhad dikuasai isteri Victor Chin Boon Long dan kini sedang merampas Revenue Group Berhad pada 13 Mac!
Fail sulit Ketua Mafia Korporat didedah, Azam Baki KP SPRM perlu tangkap Victor Chin, Chong Loong Men & Datuk Eddie
Fail sulit Peguam Mafia Korporat Chong Loong Men sudah didedah. Kini fail sulit Ketua Mafia Korporat Datuk Victor Chin Boon Long pula didedah. Rampasan syarikat Revenue Group pula dedah penyelewengan Datuk Eddie sehingga letak jawatan Pengarah Eksekutif. Tangkap 3 Individu ini akan bongkar jenayah Mafia Korporat di negara ini..
after sell off the most value of the company assets, the company got nothing left. If the disposal proceeds use to invest in focus, lambo, vsolar,at, fintec... GONE CASE.
MMAG is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 18 May 2023
=================== 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
Long term shareholders holding at high prices will incur huge losses from share consolidation
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESSES OF GREEN OCEAN AND ITS SUBSIDIARIES TO INCLUDE THE DISTRIBUTION AND TRADING OF FOOD AND BEVERAGE AS WELL AS FOODSERVICE ("PROPOSED DIVERSIFICATION")
Please refer to the attachment for further details of the Proposed Diversification.
This announcement is dated 19 June 2023. Please refer attachment below.
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESSES OF GREEN OCEAN AND ITS SUBSIDIARIES TO INCLUDE THE DISTRIBUTION AND TRADING OF FOOD AND BEVERAGE AS WELL AS FOODSERVICE ("PROPOSED DIVERSIFICATION")
On behalf of the Board of Directors of Green Ocean (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the Proposed Diversification.
Please refer to the attachment for further details of the Proposed Diversification. This announcement is dated 19 June 2023.
================== 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 SHARE CONSOLIDATION
On behalf of the Board of Directors of Green Ocean (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake a proposed consolidation of every 10 existing ordinary shares in Green Ocean (“Green Ocean Share(s)” or “Share(s)”) held by the Company’s shareholders on an entitlement date to be determined and announced later, into 1 Green Ocean Share (“Proposed Share Consolidation”).
Please refer to the attachment for further details of the Proposed Share Consolidation.
Why this bugger whistlebower99 and his gangs like 8899EL8899 all the way spam this kind of shares consolidation thing in i3 to threathen small investors to sell all the shares to them and i3 Admin didn't take action to blocked their accounts but to blocked people who post encourage & motivate treats ? Why? This is really unfair !
I'm just telling the truth, who spam these kind of threathening spams like whistlebower99 & 8899EL8899 to threathen small investors to sell all the shares to them at hugh losses should be blocked their accounts !!!!!!!!
GREEN OCEAN CORPORATION BERHAD (GREEN OCEAN OR THE COMPANY) -
Resignation of Auditors The Board of Directors of Green Ocean (Board) wishes to announce that the Company had on 5 September 2023 received a letter of resignation from Messrs. Ecovis Malaysia PLT (LLP0003185-LCA & AF001825) (Ecovis) on their resignation as the External Auditors of the Company.
The resignation of Ecovis is a voluntary resignation due to the constraint of its resources to accommodate the change in the financial year end of the Company. Further, the Board also wishes to inform that the Company is not aware of any other matters that need to be brought to the attention of the shareholders of Green Ocean.
The Company is in the midst of identifying new Auditors, further announcement on the engagement of new Auditors will be made by the Company in due course.
CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN" OR "COMPANY") ("GREEN OCEAN SHARE(S)" OR "SHARE(S)") INTO 1 GREEN OCEAN SHARE ("SHARE CONSOLIDATION")
========= Take note of share consolidation date Your shares will be reduced by 10 times on ex date. Long term holders will incur huge losses as they likely bought at high price
Be careful holding high NOSH loss making penny stocks
Be careful if holding high NOSH low price penny stocks for long term
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
Long term shareholders holding at high prices will incur huge losses from share consolidation
List of penny stocks with shares consolidation :-
2023 in progress - KOMARK, JOE, GOCEAN, MMAG, TECHNAX, ICON
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....
leedavid
414 posts
Posted by leedavid > 2022-11-29 08:12 | Report Abuse
time to rise