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Ridgetech Inc RDGT

Ridgetech, Inc. operates as a wholesale distributor of pharmaceutical and other healthcare products in the People’s Republic of China. It operates through three segments: Retail Drugstores, Online Pharmacy, and Drug Wholesale. The company engages in offline and online wholesale distribution of pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines (TCM), personal and family care products, and medical devices, as well as convenience products comprising consumable, seasonal, and promotional items. It also distributes other healthcare products, such as health food, cosmetics, and daily necessities. The company was formerly known as China Jo-Jo Drugstores, Inc. and changed its name to Ridgetech, Inc. in February 2024. Ridgetech, Inc. is headquartered in Hangzhou, China.


NDAQ:RDGT - Post by User

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  • IseneschalX
Post by Iseneschalon Apr 19, 2023 10:55am
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Post# 35402946

CJJD.....After looking at those Financials

CJJD.....After looking at those FinancialsSomething isn't sitting right with me......There was only 3.5 million shares o/s

There was a P.O Prospectus filed in late January and then made effective 2 days later......Now the announcement says its terminated and the stock price soars and the volume increases dramatically to 84 million shares traded

I'm going to say that they didn't have their "ducks in order" for that canceled financing..... this volume your seeing today is a set up for a future financing

There is no other reason.....this is BS!!!!!!!!!!!!!!!!!!!!!!!!!!!
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