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Skynet4321 Master	19-Jun-2021 17:25        Skynet4321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Next week will be a good week 😀 😃 Skynet4321      ( Date: 19-Jun-2021 15:23) Posted: Anyway I have time to relax and think through OY LOI. My question is will QY proceed with the LOI if there's a change of board who I suppose they know better? Tough time, I need to consult numerologist again. look@bright      ( Date: 19-Jun-2021 15:10) Posted: Ching and his kaki were conned into Arti i think.. Previously Arti management already zao $
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look@bright Elite	19-Jun-2021 16:08        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	Skynet4321      ( Date: 19-Jun-2021 16:07) Posted: It's all about business bro. Like I always say, I only care about who can drive MCP up with higher share prices that benefits me until I call it a day. I don't care who saved who for what and why in history, I am not studying for history certificates:) look@bright      ( Date: 19-Jun-2021 15:59) Posted: LOL but what ppl don' t like are the Arti bonds of $7-8m + that carry 10-15% interest which later ballon to $10m in principle and interest.
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Skynet4321 Master	19-Jun-2021 16:07        Skynet4321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It's all about business bro. Like I always say, I only care about who can drive MCP up with higher share prices that benefits me until I call it a day. I don't care who saved who for what and why in history, I am not studying for history certificates:) look@bright      ( Date: 19-Jun-2021 15:59) Posted: LOL but what ppl don' t like are the Arti bonds of $7-8m + that carry 10-15% interest which later ballon to $10m in principle and interest. Skynet4321      ( Date: 19-Jun-2021 15:38) Posted: If he offer me 210% profit he can have my shares. Heheh
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look@bright Elite	19-Jun-2021 15:59        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	LOL but what ppl don' t like are the Arti bonds of $7-8m + that carry 10-15% interest which later ballon to $10m in principle and interest. Skynet4321      ( Date: 19-Jun-2021 15:38) Posted: If he offer me 210% profit he can have my shares. Hehehe look@bright      ( Date: 19-Jun-2021 15:26) Posted: Ok to be fair to him. No risk no gain
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Skynet4321 Master	19-Jun-2021 15:53        Skynet4321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If not all shorts were covered last Friday, then could there be another round of covering before 'nomination' day?
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Smarty Master	19-Jun-2021 15:41        Smarty About Contact  Quote this Post!
x 0   x 0  Alert Admin	I suspect Ching was eyeing on listing status hence did not try to revive its biz  it remained dormant with $9m accumulated loss the opportunity came along when MCP sought public listing and the RTO was born Ching not only more than recovered his investments in Arti but made a bundle out of it smart and savvy businessman
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Skynet4321 Master	19-Jun-2021 15:38        Skynet4321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If he offer me 210% profit he can have my shares. Hehehe look@bright      ( Date: 19-Jun-2021 15:26) Posted: Ok to be fair to him. No risk no gain. spursfan      ( Date: 19-Jun-2021 15:22) Posted: Ching did not suffer for his involvement in arti.  in fact he is now very well rewarded after mc rto. from the company' s comments in the egm circular. the share price then was about 33cts . " Based on the price of Shares at market close on the Latest Practicable Date, the Settlement Agreement led to Mr Ching acquiring Shares worth S$21.9 million, in exchange for the cancellation of a debt owed to Mr Ching by Artivision of  S$10.0 million.  In effect, Mr Ching was paid a significant premium for the listing status of Artivision, which as described above has been a dormant company for some time. Even if Mr Ching acquired the December 2016 Bonds and the April 2017 Bond at their full value,  this premium would amount to at least S$11.9 million.  Seen in this light, it was Mr Ching who was the net beneficiary from the & lsquo support& rsquo he gave to Artivision. "
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Skynet4321 Master	19-Jun-2021 15:36        Skynet4321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You could well be right but as a retail investor I am not here to repay kindness that I had not benefited, even if I did, this is business after all. Only he know why he invest in Arti and why due diligence prior to Arti investment was done so. Benefit of doubt is he should know what he's buying, agree? Ultimately he did get his reward $21.9M!!! Smarty      ( Date: 19-Jun-2021 15:26) Posted: Arti' s original business was doing surveillance equipment I remember at the peak it went up to 0.28 probably 10 years ago. It was one of hot speculative pennies. Then the biz died down. It also had a media subsidiary which was profitable and sold to one of its shareholders for $1m   Ching later bought into Arti and became its major shareholder  as said Arti would have closed shop if not for his financial rescue and he was instrumental in the RTO with MCP. Naturally he would feel sore when his nominated directors were not re-elected . MCP would have not have been listed without his involvement.
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Skynet4321 Master	19-Jun-2021 15:28        Skynet4321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let's see Monday price movement. If continue to go up then it means market not concern about board fighting at the moment. BUT if it goes down it could mean shortists are at work hor. spursfan      ( Date: 19-Jun-2021 15:22) Posted: Ching did not suffer for his involvement in arti.  in fact he is now very well rewarded after mc rto. from the company' s comments in the egm circular. the share price then was about 33cts . " Based on the price of Shares at market close on the Latest Practicable Date, the Settlement Agreement led to Mr Ching acquiring Shares worth S$21.9 million, in exchange for the cancellation of a debt owed to Mr Ching by Artivision of  S$10.0 million.  In effect, Mr Ching was paid a significant premium for the listing status of Artivision, which as described above has been a dormant company for some time. Even if Mr Ching acquired the December 2016 Bonds and the April 2017 Bond at their full value,  this premium would amount to at least S$11.9 million.  Seen in this light, it was Mr Ching who was the net beneficiary from the & lsquo support& rsquo he gave to Artivision. "   look@bright      ( Date: 19-Jun-2021 15:10) Posted: Ching and his kaki were conned into Arti i think.. Previously Arti management already zao $
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Smarty Master	19-Jun-2021 15:26        Smarty About Contact  Quote this Post!
x 0   x 0  Alert Admin	Arti' s original business was doing surveillance equipment I remember at the peak it went up to 0.28 probably 10 years ago. It was one of hot speculative pennies. Then the biz died down. It also had a media subsidiary which was profitable and sold to one of its shareholders for $1m   Ching later bought into Arti and became its major shareholder  as said Arti would have closed shop if not for his financial rescue and he was instrumental in the RTO with MCP. Naturally he would feel sore when his nominated directors were not re-elected . MCP would have not have been listed without his involvement.
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look@bright Elite	19-Jun-2021 15:26        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ok to be fair to him. No risk no gain. spursfan      ( Date: 19-Jun-2021 15:22) Posted: Ching did not suffer for his involvement in arti.  in fact he is now very well rewarded after mc rto. from the company' s comments in the egm circular. the share price then was about 33cts . " Based on the price of Shares at market close on the Latest Practicable Date, the Settlement Agreement led to Mr Ching acquiring Shares worth S$21.9 million, in exchange for the cancellation of a debt owed to Mr Ching by Artivision of  S$10.0 million.  In effect, Mr Ching was paid a significant premium for the listing status of Artivision, which as described above has been a dormant company for some time. Even if Mr Ching acquired the December 2016 Bonds and the April 2017 Bond at their full value,  this premium would amount to at least S$11.9 million.  Seen in this light, it was Mr Ching who was the net beneficiary from the & lsquo support& rsquo he gave to Artivision. "   look@bright      ( Date: 19-Jun-2021 15:10) Posted: Ching and his kaki were conned into Arti i think.. Previously Arti management already zao $
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Skynet4321 Master	19-Jun-2021 15:23        Skynet4321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyway I have time to relax and think through OY LOI. My question is will QY proceed with the LOI if there's a change of board who I suppose they know better? Tough time, I need to consult numerologist again. look@bright      ( Date: 19-Jun-2021 15:10) Posted: Ching and his kaki were conned into Arti i think.. Previously Arti management already zao $$ Skynet4321      ( Date: 19-Jun-2021 15:04) Posted: That is one of my concern! That's why I always consider track record. Look like I must vote liao, something I don't really bothered to since my shares is kacang pute
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spursfan Supreme	19-Jun-2021 15:22        spursfan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ching did not suffer for his involvement in arti.  in fact he is now very well rewarded after mc rto. from the company' s comments in the egm circular. the share price then was about 33cts . " Based on the price of Shares at market close on the Latest Practicable Date, the Settlement Agreement led to Mr Ching acquiring Shares worth S$21.9 million, in exchange for the cancellation of a debt owed to Mr Ching by Artivision of  S$10.0 million.  In effect, Mr Ching was paid a significant premium for the listing status of Artivision, which as described above has been a dormant company for some time. Even if Mr Ching acquired the December 2016 Bonds and the April 2017 Bond at their full value,  this premium would amount to at least S$11.9 million.  Seen in this light, it was Mr Ching who was the net beneficiary from the & lsquo support& rsquo he gave to Artivision. "   look@bright      ( Date: 19-Jun-2021 15:10) Posted: Ching and his kaki were conned into Arti i think.. Previously Arti management already zao $$ Skynet4321      ( Date: 19-Jun-2021 15:04) Posted: That is one of my concern! That's why I always consider track record. Look like I must vote liao, something I don't really bothered to since my shares is kacang pute
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look@bright Elite	19-Jun-2021 15:16        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	one of the last few dramas coming to the end of Arti era. Artivision insiders dumping shares as planned sale of subsidiary fell through www.theedgemarkets.com/article/artivision-insiders-dumping-shares-planned-sale-subsidiary-fell-through
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look@bright Elite	19-Jun-2021 15:10        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ching and his kaki were conned into Arti i think.. Previously Arti management already zao $$ Skynet4321      ( Date: 19-Jun-2021 15:04) Posted: That is one of my concern! That's why I always consider track record. Look like I must vote liao, something I don't really bothered to since my shares is kacang puteh look@bright      ( Date: 19-Jun-2021 14:57) Posted: LOL, take retailers for a ride as ATM. High salary paid to all executives. Issued ESOS to employees but no revenue. Blow big big. Same as what Arti does previously
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Skynet4321 Master	19-Jun-2021 15:04        Skynet4321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That is one of my concern! That's why I always consider track record. Look like I must vote liao, something I don't really bothered to since my shares is kacang puteh look@bright      ( Date: 19-Jun-2021 14:57) Posted: LOL, take retailers for a ride as ATM. High salary paid to all executives. Issued ESOS to employees but no revenue. Blow big big. Same as what Arti does previously Skynet4321      ( Date: 19-Jun-2021 14:53) Posted: Ya I lost money there too.
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look@bright Elite	19-Jun-2021 14:57        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	LOL, take retailers for a ride as ATM. High salary paid to all executives. Issued ESOS to employees but no revenue. Blow big big. Same as what Arti does previously Skynet4321      ( Date: 19-Jun-2021 14:53) Posted: Ya I lost money there too. look@bright      ( Date: 19-Jun-2021 14:43) Posted: One company i can relate Arti to is IX Biopharma. Blow big only
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Skynet4321 Master	19-Jun-2021 14:53        Skynet4321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya I lost money there too. look@bright      ( Date: 19-Jun-2021 14:43) Posted: One company i can relate Arti to is IX Biopharma. Blow big only. Skynet4321      ( Date: 19-Jun-2021 14:15) Posted: Btw the question to ask was probably why Arti was bleeding?
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look@bright Elite	19-Jun-2021 14:43        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	One company i can relate Arti to is IX Biopharma. Blow big only. Skynet4321      ( Date: 19-Jun-2021 14:15) Posted: Btw the question to ask was probably why Arti was bleeding? Smarty      ( Date: 19-Jun-2021 12:16) Posted: Bro Skynet I own 2m Arti shares bought during its heady days (2014/5) when it hit as high as 0.12 then it plunged to low of 0.002 my average cost is high around .055 so you can imagine the loss is enormous . Yes, I engaged in some speculative trading when it was around .004 and made some small profits . But overall still very much in the negative territory as bulk of my purchase was at high cost. Arti holders had to endure years of uncertainty and co continued to bleed and it would not have survived without Ching' s capital injection by way of loans to the co. This RTO was 2-3 years in the making (deadline for completion was extended 3-4 times)and only came to fruition this year. Added some when changed name to MCP. Good luck to all those vested in MCP
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Skynet4321 Master	19-Jun-2021 14:15        Skynet4321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Btw the question to ask was probably why Arti was bleeding? Smarty      ( Date: 19-Jun-2021 12:16) Posted: Bro Skynet I own 2m Arti shares bought during its heady days (2014/5) when it hit as high as 0.12 then it plunged to low of 0.002 my average cost is high around .055 so you can imagine the loss is enormous . Yes, I engaged in some speculative trading when it was around .004 and made some small profits . But overall still very much in the negative territory as bulk of my purchase was at high cost. Arti holders had to endure years of uncertainty and co continued to bleed and it would not have survived without Ching' s capital injection by way of loans to the co. This RTO was 2-3 years in the making (deadline for completion was extended 3-4 times)and only came to fruition this year. Added some when changed name to MCP. Good luck to all those vested in MCP   Skynet4321      ( Date: 19-Jun-2021 11:56) Posted: I happened to look at the old thread and noticed that you got some during Arti time @ 0.006 or 0.007. So you must have already made at least 1 round before you jump in at 0.015. Thus per counter basis, maybe you already breakeven now.
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