u/mewang3210

YHC - A real-time learning opportunity

NOTE: Applies to the most recent collapse only (Rinse-Repeat)

It is much easier to view facts, make objective decisions, and learn from events when you have no position in a stock.

This is solely meant to serve as an opportunity to learn/understand warning signs, for those interested.

As stated, there is typically a set pattern with these occurrences. A few of the prevalent "red flags" include:

*Open S-3/F-3 with large amount
*Increase in Authorized Shares
*Advance authorization for Reverse Split
*Prospectus

For YHC:

*09/13/2024 S-3 - $100,000,000 (This was partially used, but lets fast forward)
*06/02/2025 AGM - Stockholders approved increase in AS from 10 million to 350 million
*03/02/2026 AGM - Stockholders approved:
**Increase in AS from 350 million to 1.5 billion (should be enough warning)
**Reverse Stock Splits! - One or more, between 1:40 and 1:800, at anytime prior to 02/23/2028
*03/12/2026 Prospectus - Up to $50,273,610 Common Stock (odd amount to finish S-3?)
*06/30/2026 News - Appears good, stock pops, currently down 89%

Currently, the "debate" between bulls/bears, promotors/bashers has begun - naked shorting vs delisting, undervalued vs scam. I haven't looked hard, but nobody seems to be referencing the Prospectus.

Again, just a learning opportunity from afar. Much of the information above comes right out of the company's last 10-K under "Recent Developments".

The stock is currently right at $0.10, may pump and dump several times before fading further, IDK.

NFA - DO NOT BUY BASED ON THIS POST!

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u/mewang3210 — 6 days ago

Does End of Quarter Window Dressing present buy opportunities - WETOUCH TECHNOLOGY, FXI, other Chinese names

Will we see a repeat of the previous end of March lows, with a bounce beginning in the new quarter?

June has hammered these stocks. Many rightfully so. But is sentiment so incredibly horrible that an opportunity exists? Or, is China entering some type of depression?

No doubt, things can go lower for longer. But in full disclosure, I do own WETH, and posted about it a couple of days ago ($10/sh cash, no debt, growing REV and NI, etc. - current trades at $1.13).

So my questions are:

Is there some value here that is being disregarded?

Is there an opportunity to make a profitable trade in this sector specifically?

Would you scale in before or wait until after for confirmation of a turn?

Thank you in advance for any replies. I look forward to a respectful discussion.

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u/mewang3210 — 10 days ago

Is Wetouch Technology WETH a Value with $10/SH Cash?

Wetouch Technology primarily produces touchscreens for the automotive, medical, industrial and other specialized industries.

WETH ($1.22 close) has:

*$120M in Cash
*1.72 PE
*0.71 TTM EPS
*No Debt
*<0.10 Price to Book
*Growing YOY Revenue and Net Income
*10 Year Siemens Contract

Yes, it's Chinese, but can these numbers be denied for long?

Comments and opinions sincerely appreciated.

Thanks and GLTA

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u/mewang3210 — 12 days ago

2 SEC Violations, 1 Case of Securities Fraud - IMO

These may seem trivial, but remember, the SEC, lawyers, whoever, will need to start somewhere. From there, the investigation can spread.

Many have taken time to outline exceptional instances of where GDC may have failed (many legal "gray areas" for sure).

For this post, I'm looking for very concrete, black and white examples. Think of it as a speeding violation turning into a drug bust, or failure to signal into a DUI, etc.

The 2 SEC Violations (that I have found to date), pertain to GDC not disclosing "Broker Non-Votes" after the last 2 AGMs.

Item 5.07 "...provide the following information:" "...If the meeting involved the election of directors, the name of each director elected at the meeting, as well as a brief description of each other matter voted upon at the meeting; and state the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each such matter..."

https://www.sec.gov/files/form8-k.pdf

  1. GDC did not disclose "Broker Non-Votes" in its 8-K filing dated 01/07/26

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001641398/000121390026002180/ea0272170-8k_gdculture.htm

  1. GDC did not disclose "Broker Non-Votes" in its 8-K filing dated 04/03/26

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001641398/000121390026039921/ea0285087-8k_gdculture.htm

Securities Fraud - I did a lazy Google search to save time, so I'll start with it:

https://www.google.com/search?q=sec+violation+for+stating+subsidiay+is+operating+when+business+license+revoked&rlz=1C1ONGR_enUS1026US1026&oq=sec+violation+for+stating+subsidiay+is+operating+when+business+license+revoked&gs_lcrp=EgZjaHJvbWUyBggAEEUYOdIBCTM3ODA4ajBqN6gCALACAA&sourceid=chrome&ie=UTF-8

  1. GDC states in it 10-K filed on 03/27/26 (as well as many other filings): "GD Culture Group Limited (formerly known as JM Global Holding Company, TMSR Holding Company Limited, and Code Chain New Continent Limited) is a Nevada company that conducts its operations primarily in the United States, both directly and indirectly through its subsidiary, AI Catalysis Corp., a Nevada corporation."

Current screenshot on Nevada SOS: (new at this, not sure why it's up at top).

**Will need NV SOS FILING as to the date and circumstances to the "Revoked" status.

A former thought of mine - shareholders did not receive proxy materials for last AGM vote - has been resolved with an affirmative response.

Finally - All in my humble opinion. I am not a legal expert, nor have I been economically harmed by GDC. If somebody would like to expand, make prettier, etc. this post, you have my permission. I will gladly respond to questions and contribute as time permits.

u/mewang3210 — 19 days ago

Did anyone here receive a Proxy Statement for either the 2025 AGM or 2026 AGM?

Curious if anyone here held stock in GDC prior to the following deadlines:

2025 AGM Record Date: 12/01/25

2026 AGM (3 months later) Record Date: 03/04/26

Per DEF 14A: Proxy Statement and 2024 Annual Report would have been sent to your broker (for most of us).

Trying to make sense why both 8-Ks after vote did not include "Broker Non-Votes", as is typical and included in GDC's 2024 AGM results.

Both AGMs would have met at:

111 Town Square Place, Suite #1203, Jersey City, NJ 07310 (potential virtual office, as previously described).

Thanks and GLTA

EDIT: Please Google address, listed on both 10K and 10Q. Credit to Butterflies5 on Stocktwits.

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u/mewang3210 — 21 days ago