Nagrom10
1 month ago
When you call the company’s number given to the SEC, it says this company is no longer in business. This ticker represents a bankrupt Chinese REIT. Most Chinese REIT have gone bankrupt over the last two years, with some owing tens of billions of dollars to investors.
They have not filed financials with the SEC in years. They’ve never put out PR or communicated with shareholders.
The security is Dark/Defunct. This security is eligible for Unsolicited Quotes Only
OTC Markets Disclaimer: Investors may have difficulty selling this stock.
Average volume of this “security” is only 14,442 shares a day over a 90 day trading period. The price has been cellar boxed and it’s a dead ticker. That doesn’t mean it doesn’t trade. Lagos still manipulate it $0.0001 & $0.002, as happens on most of the 5,600 similar “zombie” securities that are also Dark/Defunct.
Bag holders want you to believe otherwise in hopes it will magically start trading again, but it’s not going to happen.
The last filing was January 2021:
https://www.otcmarkets.com/stock/HOMU/overview
Do your DD, before investing in such scams. You will find there’s almost zero talk about this security on social media platforms. What little discussion found is by investment illiterate individuals.
Nagrom10
2 months ago
Do your own DD. I had the case file translated. The company has NEVER filed earnings with the SEC or OTC Markets. You have to be very stupid to believe it’s viable.
Last SEC filing was 01/14/2021.
https://www.otcmarkets.com/filing/html?id=14618677&guid=XWQ-knG_sr7fJth
AS is unlimited.
Outstanding Shares
125,077,444
08/24/2022
Unrestricted
125,077,444
08/24/2022
Held at DTC
125,077,444
08/24/2022
It’s dead. It’s not coming back.
Nagrom10
2 months ago
I’ll take the transfer agent’s word over a noob desperately pumping a dead stock.
25-million shares at current share price is only $25K. Essentially nothing.
Houmu Holdings, LTD, is a bankrupt Chinese REIT. Every Chinese REIT is in distress. Most are in or approaching bankruptcy.
HOMU is in the expert market, as are over 5,600 other dead stocks. Stocks are sent to the expert market, so they can be cellar boxed to protect shorts from paying taxes on tickers they shorted and naked shorted into bankruptcy.
Expert market is a BAD thing. It’s not good.
marcis
3 months ago
Possibly just a coincidence
HOMU owner is Wei Tian
In Shongun Provance
The poster of the Website Wei Tiao
And the location is also in Shongun Provance
Company Name: Hanting District Weitiao Lighting and Lighting Co., Ltd.
Business address: Hanting District
Whatever but this website sound like a real deal
It also list all the different companies together under Hanting District Weitiao
It’s about building a franchise of many brands
( Homedepot type? ) and take about opening flagship stores
Joining process
1. Consultation: Learn about brand franchise information through phone, Internet, media, introduction and exhibition.
2. Negotiation: Visit the company's office building or flagship store to have an in-depth understanding of the brand.
3. Application: The franchisee fills in the franchise application form.
4. Evaluation: On-site inspection, evaluate the investment and risk of the store, and draw the store business circle map and floor plan and submit it to Hanting District Weitiao Lighting and Lighting Co., Ltd. for review.
5. Signing: The two parties reach an agreement, sign a retailer contract, pay the operating deposit, and distribute the relevant store evaluation and operation information.
6. Decoration: Hanting District Weitiao Lighting and Lighting Co., Ltd. carries out store design according to the submitted franchise application form and floor plan.
7. Training: Provide professional training, assist in product display and opening guidance, and provide system management mode and promotion plan.
8. Opening: Hanting District Weijuan Lighting and Lighting Co., Ltd. sent people to the local area to help with the grand opening.
9. Guidance: Provide consulting services and guidance to franchisees for a long time.
Corporate website: http://www.houmucf.com
Joining process