Post by
bbzzzz on Mar 16, 2021 12:33pm
Did you see "the China Hustle " on netflixs .... whereby
shell companies are taken and converted to firms based in China . Global Elsimate Capital Corp was such a shell company and voila Extreme Veliche Battery was born back on Oct.1st 2020 . I believe the whole premise of this company is batteries from a China based company - i may be wrong .
see - https://www.newsfilecorp.com/release/65074/CSE-Bulletin-Name-and-Symbol-Change-and-Stock-Split-Global-Elsimate-Capital-Corp.-GECC
It was a very alarming documentary and would recommend it to all investors . As always do your own due diligence . This documentary exposed "firms" that were nonexistant overseas yet were widely traded here at high valuations in North America .
Has anyone seen it ? Would like to hear your review .
Ted
Comment by
Nnwwzz on Mar 16, 2021 1:09pm
I've seen this and it's a risk dealing with any Chinese company, nio included. Investors need to do their dd. At the same time, the choice is to either risk it in an undervalued play or buy something at x multiple future revenues. The market is getting more and more fierce. Glta
Comment by
hunterxjames on Mar 16, 2021 7:35pm
Come up with a reputable research that Richpower is a shell company first before you post this. Besides,why do you even single out China when there are other shell companies too that are not Chinese-associated??
Comment by
Pachuko on Mar 17, 2021 10:14am
And the sheep protect the grifter at all cost.....
Comment by
Assucker on Mar 17, 2021 11:25am
White Van Scam. I bet they will sell a product. It will be work pitifully and be filled with cement or sand so it has that "quality" feel.
Comment by
Nnwwzz on Mar 17, 2021 5:50pm
Because any divergence from agreement with your opinion is always because people are 'sheep', and not because they're individuals or are choosing to take on the risk. Temper tantrums aren't a substitute for a solid rebuttal.
Comment by
Nnwwzz on Mar 17, 2021 6:11pm
What news? Care to drop a hint?
Comment by
Assucker on Mar 17, 2021 11:27am
This company is as big of a scam as Religion
Comment by
Willy2k on Mar 17, 2021 2:52pm
you really are a azzsucker . go away troll . you got no skin in the game what does it matter to you .
Comment by
Kruithof on Mar 17, 2021 3:37pm
Hey azzsucker go suck some LW he wants you bad
Comment by
Kruithof on Mar 17, 2021 3:42pm
lion cubs a baby long acdc