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Harbor Diversified Inc (OTCMKTS: HRBR) Air Wisconsin Airlines a Microcapdaily Top Runner (More on United Capacity Purchase Agreement 02/2023 & CBA Amendable Dates for HRBR Union Employees Starting 09/2022)

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Harbor Diversified Inc (OTCMKTS: HRBR) continues to trade over $2 support levels in recent trading remaining fairly liquid trading between $50,000 and $500,000 per day in dollar volume. HRBR was a 2020 reverse merger that Microcapdaily first reported on HRNR on November 10, 2020 when HRBR was $0.08 per share. Over the past 3 years Harbor Diversified has grown from operating at a loss of $19 million in 2019 to $91.8 million in net income in 2021 with similar numbers expected in 2022. Part of the reason HRBR does not get more traction is because the Company does not issue press releases and while they are “pink current” the Company is an SEC filer recently filings its 10Q on May 9. The Company is making all the right moves, they are profitable and currently hiring for many positions and they instituted a stock buyback program which is ongoing. During 2021 the Company acquired 1,547,006 shares of its common stock on the open market.  

HRBR derives all of its revenues from an agreement with United airlines first signed in February 2017, which was amended in October 2020 and April 2021. The United capacity purchase agreement expires in February 2023, subject to a wind-down period. Negotiations are ongoing with United as well as with another major carrier. United has announced their fleet strategy includes reducing their 50-seat aircraft departures from 33% of total departures to 10% by 2026. Also looming is the CBA amendable dates for many of Harbor’s union employees. 82% of Harbor’s employees are represented by a union. Negotiations are currently ongoing with their dispatcher union members, and CBA amenable dates begin 09/2022 with their office, fleet and passenger service employees, and continue 10/2022 with their flight attendants, and 11/2022 with their pilots. These employees likely understand the scope of their negotiating leverage. Due to, inter alia, a rising interest rate environment, pilot, maintenance, and flight attendance employment shortages, and recovering North American travel United could extend or enter into a new contract with Harbor given completed CBA’s. Harbor’s employees and operational experience are difficult to replace and would drive the outcome. A possibility exists of Harbor selling their current fleet, and leasing different jets or operating United jets. Harbor hired their CFO from United to increase their odds. 

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Harbor Diversified Inc (OTCMKTS: HRBR) is a non-operating holding company that is the parent of a consolidated group of subsidiaries, including AWAC Aviation, Inc. which is the sole member of Air Wisconsin Airlines LLC a regional air carrier. Harbor is also the direct parent of three other subsidiaries: (1) Lotus Aviation Leasing, LLC, which leases flight equipment to Air Wisconsin, (2) Air Wisconsin Funding LLC, which provides flight equipment financing to Air Wisconsin, and (3) Harbor Therapeutics, Inc., which is a non-operating entity with no material assets.

Microcapdaily was among the first to report on HRBR back on November 10, 2020 when HRBR was $0.08 per share before the stock skyrocketed to highs of $3.08 in summer 2021 up over 3800% from our initial article. In our article titled “Air Wisconsin Airlines; the Rise of Harbor Diversified Inc (OTCMKTS: HRBR) by Boe Rimes, November 10, 2020 we reported: “Harbor Diversified Inc (OTCMKTS: HRBR) is making an explosive move up the charts on a massive surge of volume quickly emerging as among the most exciting stories in small caps. HRBR is quickly getting noticed by top traders and the stock has exploded northbound off its $0.05 base.” 

Air Wisconsin operates a fleet of 64 CRJ-200 regional jets under a capacity purchase agreement. with its sole major airline partner, United Airlines, Inc., with a presence at both Chicago O’Hare and Washington-Dulles, two of United’s key domestic hubs. All of Air Wisconsin’s flights are operated as United Express pursuant to the terms of the United capacity purchase agreement. More than 99% of the Company’s operating revenues for the years ended December 31, 2021 and 2020 was derived from operations associated with the United capacity purchase agreement. 

United and Air Wisconsin entered into the United capacity purchase agreement in February 2017, which was amended in October 2020 and April 2021. The United capacity purchase agreement expires in February 2023, subject to a wind-down period. 

The fleet of CRJ-200 jets, were all manufactured by Bombardier, Inc. and offer many of the capabilities and amenities of larger commercial jet aircraft, including flight attendant service, a stand-up cabin, limited overhead and under seat storage, a lavatory and a galley that allows for in-flight snack and beverage service. The CRJ-200 regional jet has a speed comparable to larger aircraft operated by major airlines and has a range of approximately 1,585 miles. 

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HRBR

HRBR has an impressive balance sheet for a stock that is “pink current” according to OTCMarkets. Harbor Diversified is an SEC filer and filed its 10k on March 31, and its 10Q on May 9 for the 3 months ended March 31, 2022 at which time the Company had $384.9 million in assets including $119 million in marketable securities and $25 million in the treasury vs. $165 million in liabilities. Revenues were $66,968,000 for the 3 months ended March 31, 2022 up over the $49,756,000 in revenues the Company posted for the same period the previous year when COVID shutdown affected flights more than they have this year. Net income for the 3 months period was $9 million. 

Alluvial Fund, LP, founded in 2014 and run by David Waters, CFA holds a position in HRBR and recenlty wrote of Harbor Diversified in their Q1 letter to partners. The letter states: “We have added a new special situation to our collection: Harbor Diversified. Harbor is a holding company for Wisconsin Airlines. Ordinarily I have little interest in airlines of any kind, but Harbor Diversified is a special case. At around $2.40 per share, Harbor trades at a steep discount to liquidation value. Harbor trades so cheaply because Air Wisconsin’s capacity agreement with United Airlines expires in February 2023 and United has declined to renew the contract on the same terms. Air Wisconsin is in discussions with United and other airlines on a new contract, but there is a material chance that a contract will not be secured and Air Wisconsin’s fleet will be grounded come next February. ut even in the case that Air Wisconsin fails to achieve a new contract, Harbor’s existing working capital, fleet, and remaining earnings are worth well in excess of the company’s trading price. At year-end, the company had over $2 per share in cash, securities, and interest-bearing receivables net of debt, all future lease payments, and preferred stock liquidation preference. Air Wisconsin will produce pre-tax cash flow of nearly $90 million over the length of its remaining contract. And then there is the fleet itself. Air Wisconsin owns 64 Bombardier CRJ200s. These aircraft are old and the CRJ200 itself is not exactly a popular jet, but they are worth something. At even $250,000 each, less than 15% of book value, that’s $16 million or 25 cents per share. We expect that over the course of the year, Harbor Diversified will either announce a new contract for Air Wisconsin or will begin preparations for an orderly liquidation. In a liquidation scenario, shares are worth north of $3. If a new contract is secured, their value could be substantially higher as investors begin valuing the company as a going concern instead of a liquidation story. For its part, Air Wisconsin seems to be optimistic about securing a new contract. The company is very active on the hiring front, seeking pilots, flight attendants, and mechanics; not exactly the behavior of an airline that expects to shutter permanently in 10 months. 

The controlling shareholders of HRBR are Amun LLC with 20 million shares and representing 31.4% of the Company and Southshore Aircraft Holdings, LLC with 16.5 million shares representing 25.9% of the Company. Richard A. Bartlett, a direction of the Company is a member of the board of managers of Amun, and owns 25.6% of the outstanding equity interests of Amun. Mr. Bartlett also owns 25.6% of the outstanding equity interests of Southshore Aircraft Holdings, LLC making him an indirect owner of 57.3% of HRBR. Mr. Bartlett does not control voting or investment decisions made by Amun or by Southshore and disclaims beneficial ownership of the shares held by Southshore and by Amun, except to the extent of his pecuniary interest therein. 

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Currently trading at a $104 million market valuation HRBR has 47,053,806 shares outstanding. HRBR has $384 million in assets including $25 million in the treasury and $136 million in marketable securities vs. 165 million in liabilities. Over the past 3 years Harbor Diversified has grown from operating at a loss of $19 million in 2019 to $91.8 million in net income in 2021 with similar numbers expected in 2022. The Company also has a stock buyback program in place and acquired 1,547,006 shares of its common stock on the open market during 2021 with the same expected this year. There is a lot of uncertainty surrounding HRBR and its agreement with United airlines which accounts for all of the Company’s revenues, first signed in February 2017, and amended in October 2020 and April 2021. The United capacity purchase agreement expires in February 2023, subject to a wind-down period. United has not renewed the Negotiations are ongoing with United as well as with another major carrier. United has not renewed the purchase agreement and if they don’t HRBR may be forced to liquidate its assets. Also looming is the CBA amendable dates for many of Harbor’s union employees. 82% of Harbor’s employees are represented by a union. Negotiations are currently ongoing with their dispatcher union members, and CBA amenable dates begin 09/2022 with their office, fleet and passenger service employees, and continue 10/2022 with their flight attendants, and 11/2022 with their pilots. These employees likely understand the scope of their negotiating leverage. Due to, inter alia, a rising interest rate environment, pilot, maintenance, and flight attendance employment shortages, and recovering North American travel United could extend or enter into a new contract with Harbor given completed CBA’s. Harbor’s employees and operational experience are difficult to replace and would drive the outcome. A possibility exists of Harbor selling their current fleet, and leasing different jets or operating United jets. Harbor hired their CFO from United to increase their odds. If HRBR announces a new contract between Air Wisconsin and United the stock will soar, if HRBR is unable to renew the contract Aire Wiscon may have to begin preparations for an orderly liquidation. In a liquidation scenario, shares are worth north of $3. No matter what happens Microcapdaily will be there reporting on it as it happens. We will be updating on HRBR when more details emerge so make sure you are subscribed to Microcapdaily.

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Disclosure: we hold no position in HRBR either long or short and we have not been compensated for this article.

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Clean Vision Corp (OTC: CLNV): Overcoming the Plastic Waste Crisis

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Clean Vision Corporation (OTC: CLNV) has experienced several interesting developments recently, but it hasn’t noticeably influenced the market with any substantial gains. Nonetheless, we believe it’s worth providing an update on the company given it’s been a few months since our last mention. In today’s discussion, we’ll explore a variety of updates and their significance, with aim of providing insight on what to expect for 2024.

Background:

Clean Vision is led by Dan Bates, and their goal is to tackle the global plastic waste crisis head-on. Their wholly owned subsidiary, Clean Seas, has developed the Plastic Conversion Network (PCN), a groundbreaking technology aimed at diverting millions of tons of waste plastic from landfills, incineration, and oceans. The PCN converts this plastic feedstock into clean fuels and green hydrogen, significantly reducing reliance on fossil fuels and lowering the carbon footprint.

For a brief 2 minute overview on the company, feel free to reference the video CLNV’s subsidiary put together on YouTube. Here’s the link.

Clean Seas utilizes proven pyrolysis technology to produce environmentally friendly products, which are sold to multinational petrochemical companies, driving the circular plastic economy. Operational PCN facilities are already in place in Morocco and India, with additional conversion facilities in development across West Virginia, Arizona, and Southeast Asia. Long-term feedstock supply agreements exceeding one million tons of waste plastic annually have been secured at no cost.

Their recently trademarked brand, AquaH®, is produced in their PCN. According to the release, it offers a differentiated green hydrogen product from carbon-neutral sources. Currently, hydrogen is predominantly produced through methods that involve fossil fuels, which of course contributes to global carbon emissions. Furthermore according to Deloitte’s 2023 global green hydrogen outlook, this could be a $1.4T annual market by 2050.

$65 Million Plastic Conversion Facility:

CLNV is making big moves in West Virginia and according to the release on October 24th, 2023, they’ve brought in some serious players—CDI Engineering Solutions and ERM—to help out with their Clean-Seas West Virginia project.

CDI has over 70 years of experience integrating engineering, design, project support, procurement and construction management services to the energy, chemicals and electrical infrastructure markets.

ERM is the world’s largest advisory firm focused solely on sustainability, offering environmental, health, safety, risk and social expertise for more than 50 years with more than 8,500 dedicated professionals operating across 40 countries.

The plan is to kick things off in 2024, turning 100 tons of plastic every day into recycled plastics and clean fuels. It’s a hefty project with a $65 million investment, creating over 200 jobs initially. And they’re not stopping there—they want to scale up to 500 tons of plastic per day over time.

West Virginia Governor Jim Justice is also on board, throwing over $12 million in state incentives to support the project.

Governor Jim Justice made a reference to Clean Seas in his state of the union address. If you want to catch the mention, go to 34:15 in the video. The three minutes leading up to it are also worth reviewing.

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Launches Global Operations:

CLNV made another significant advancement, planning to launch waste plastic conversion facilities in the European Union, Eastern Europe, and Southeast Asia. This will be accomplished through their new subsidiary, Clean-Seas Partners UK Limited (CS-UK), who of course shares the same vision of creating sustainable solutions to the global plastic pollution crisis.

Under the leadership of Managing Director Shaun Wootton, CS-UK will play a crucial role in strategic project development and investment facilitation, leveraging established relationships in the Middle East, Southeast Asia, and Europe.

To fortify effective governance and strategic direction, CS-UK is assembling a distinguished board with internationally recognized figures in banking, sustainability, and energy. This approach aims to have a diverse and experienced board guiding CS-UK in realizing its vision of promoting sustainability and environmental stewardship across diverse regions.

$340 Million Bond Offering:

CLNV even announced they partnered with a global advisory firm, Grant Thornton, to issue up to $340 million in Green Bonds. This is the world’s sixth-largest network of independent accounting and consulting firms, employing 62,000 people in more than 130 countries and had revenues of $6.6 billion in 2021. These bonds will fund the expansion of Clean Vision’s Plastic Conversion Network (PCN) under the “Clean-Seas” initiative worldwide, aimed at combatting plastic pollution on a global scale.

With the Green Bond’s net proceeds, CLNV plans to deploy at least six plastic waste conversion lines globally, with strategic locations in West Virginia, Arizona, Southeast Asia, and expansion in Morocco. The Green Bond is also expected to attract environmentally conscious investors, setting a new standard for corporate responsibility.

$15M Government Loan:

Lastly, under the capable management of Huntington Bank, CLNV has recently secured a $15 million government loan. What sets this apart is that the loan is FORGIVABLE.

A forgivable loan is a type of loan where the borrower is not required to repay the borrowed amount under certain conditions. Typically, these conditions are related to the borrower meeting specific criteria, such as using the funds for approved purposes, maintaining certain employment levels, or achieving predetermined goals. If the borrower fulfills these conditions, the loan is forgiven, and they are not obligated to repay the borrowed amount. Forgivable loans are often used as an incentive or support for specific activities, such as job creation, small business development, or other initiatives that contribute to economic growth or community welfare.

Not to mention it won’t result in any dilution for shareholders. This is an unexpected and uncommon accomplishment for an OTC company. Securing a government loan of this size without any dilution is truly impressive.

Conclusion:

CLNV has made impressive strides tackling the global plastic waste crisis, especially given their valuation of merely $22.65 million. The team has swiftly achieved key objectives, including a $65 million plastic conversion facility in West Virginia, global expansion through Clean-Seas Partners UK Limited, a $340 million Green Bond Offering, and a remarkable $15 million forgivable government loan. The vast $1.4 trillion market they’re tapping into offers an interesting opportunity with current indicators looking positive. Nevertheless, it’s crucial to acknowledge that there is still significant work ahead, and the team needs to maintain consistent execution to turn this potential into a reality.

We will update you on CLNV when more details emerge, subscribe to Microcapdaily to follow along!

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Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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Meta Materials (NASDAQ: MMAT): More Due Diligence and Exploring Latest Developments

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Meta Materials (NASDAQ: MMAT) witnessed a significant uptick in trading activity on January 16th, 2024, resulting in a notable 20% increase in its stock value by market close. Intrigued by this surge, we explored various sources, including press releases, SEC filings, and social media, to identify the catalyst behind this sudden gain.

Unexpectedly our research revealed no recent material releases. Instead, the surge seems tied to an announcement from a few days ago that didn’t grab much attention at first. As time passed, it started generating more buzz but there’s still a lot more to dig into and a number of ideas to consider for today’s rally.

If you haven’t caught up on our previous analyses of MMAT, you can find the overview here. In this report, we aim to explore the cause-and-effect dynamics of recent events, offering insights that might illuminate expectations for Meta Materials in the near future.

Background:

If you’re new to MMAT or haven’t been a long-time follower, let’s kick things off with a quick intro to the company.

Meta Materials stands at the forefront of advanced materials and nanotechnology. Their focus is on pioneering novel products and technologies utilizing sustainable and innovative scientific approaches. The interesting part is their advanced materials have the transformative power to enhance a variety of common products, infusing them with heightened intelligence and sustainability.

Leveraging its technology platforms, they’re capable of empowering global brands in creating cutting-edge products that elevate overall performance.

Their technology has application across multiple industries including aerospace and defense, consumer electronics, 5G communications, batteries, authentication, automotive, and clean energy. Their agreement with Panasonic is certainly a great start to empowering their growth in one of many verticals. Overall the TAM is ~$32B and with current growth rates, it’ll increase to a whopping ~$61B by 2026.

MMAT’s goal is to shape a smarter and more sustainable world. If you look through their presentation, you can continue to evaluate the many ways their technology transforms everyday lives. We highly suggest you take a look.

Additional Resources:

  1. @LauraLoomer’s video on MMAT
  2. @metaheadj’s post on X, displaying Rob Stone‘s response update for an investor

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What Happened:

So, MMAT issued a press release on January  11th, 2024, announcing a proposed settlement with the Securities and Exchange Commission (SEC) concerning an investigation related to the Torchlight Energy Resources, Inc. and Metamaterial Inc. merger.

According to the release, The company has extended a settlement offer (Proposed SEC Settlement) to the SEC’s Division of Enforcement. This proposed settlement aims to address concerns regarding antifraud, reporting, books and records, and internal accounting control provisions of securities laws. It is important to note that the Proposed SEC Settlement is contingent on approval by the SEC Commissioners, and the company cannot predict the approval timeline.

If accepted, the Proposed SEC Settlement would involve the SEC entering a cease-and-desist order and the company paying a civil money penalty of $1 million over a one-year period in four installments. Notably, the company would neither admit nor deny the findings outlined in the Order.

The company’s board of directors and management team view the Proposed SEC Settlement as beneficial for shareholders. If approved, it is expected to remove uncertainty surrounding the investigation, enabling the company to focus on advancing its business objectives.

So What:

If you’ve just read through the announcement and are confused, you’re not alone. It appears that many investors may have mis-read the press release, thinking that the SEC was being punished and MMAT was reaching a settlement agreement, but it appears to be the other way around.

In the event of approval, the company is obligated to pay a civil money penalty of $1 million. This penalty would be paid in four installments over the course of one year, following an agreed-upon payment plan. However, the PR also notes that the company cannot predict with certainty whether or when the Proposed SEC Settlement will even be approved by the SEC Commissioners.

According to another user on X, @AShortSqueeze, MMAT’s initial analysis has potentially revealed the motherload of counterfeit shares.

But if you scroll through the comments, you’ll see other users pointing out that this information is actually old news. This is just one of many widely circulated posts that might have been misunderstood.

Significant Coverage:

Another theory suggests that a notable influencer in the financial space, @MoonMarket_, has set their sights on the company and is conducting additional due diligence. With a substantial following of almost 75K users, the influencer’s involvement could have contributed to a significant fluctuation in today’s trading session. It’s important to recognize that X is packed with plenty of financial influencers, and blindly following their moves can be risky. Many are involved in day trades, momentum trading, or at least contemplating such strategies.

Conclusion:

The buzz around MMAT today seems fuelled by a mix of misrepresented themes and recycled news, creating the illusion of fresh, imminent developments.

As per usual, the magnitude of MMAT’s technology and potential integrations across various verticals continues to create a roar of excitement. On another front, we’re also continuing to see speculation about a short squeeze due to substantial amounts of counterfeit shares.

For now, patience is key and we suggest closely monitoring developments. MMAT especially tends to be quite volatile.

Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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Integrated Cannabis Solutions’ (OTC: IGPK) 633% Surge: Exploring Catalysts, Company Overview, and Growth Potential in 2024

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Integrated Cannabis Solutions (OTC: IGPK) has undergone a remarkable uptrend, surging an impressive 633% since December 11th, 2023, with 166% of that surge taking place across yesterday’s trading session and today, January 11th, 2023. Both days have been marked by unprecedented volume – Yahoo Finance reported an almost 30x increase, with 115,867,027 shares traded by close yesterday. We’re already seeing 90,092,317 shares traded this morning and it’s just barely noon. Today we’ll explore the catalysts behind the surge, offer a comprehensive overview of the company, and evaluate IGPK’s potential for sustained growth throughout 2024.

Background:

Let’s get straight to it. IGPK is the result of a recent reverse merger with Integrated Cannabis Solutions and JFH Digital E-Commerce Corp. The first thing you’ll notice is finding the website isn’t a walk in the park, we’re fairly certain there isn’t one yet, at least one that will help in any way related to more investment information. Your best bet for more any information is to check out IGPK’s OTC Market page for details, but even the company description on there is not accurate. We’ve mainly found the following information through filings, IGPK’s Twitter, and other online users.

Keep in mind this breakdown might not be flawless given we’re piecing it together mostly from what folks on X are saying. But we’ll try our absolute best to lay it all out for you.

IGPK appears to have been a shell for little while until JFH stepped in. A user on X, @stockplayer30, broke it down fairly simply, stating that the shell’s slate was wiped clean, cancelling all notes payable and any debt. Whether it’s a promissory note, convertible note, or convertible debenture, the main point is they ditched all debt. JFH has an opportunity to start fresh, and it certainly makes this deal a lot more interesting.

Just a heads up, it’s a Chinese merger. If the idea of a Chinese leadership team makes you a bit wary, you might want to pause here. However if you were in the trading game during the summer of ’23, you probably remember those crazy spikes in some Chinese Nasdaq deals. And get this – no big press releases or SEC filings to explain those sudden jumps either.

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Company Description:

Onto what the company actually does. According to @SuperRobotOTC on X, this is a digital e-commerce company based in China, here’s a link to their e-commerce website. This user also put together a great overview of the company on YouTube, if you’d like to watch something informative in video format, click here.

Another user, @igal_n, found a blurb on the company that states, “Junfenghuang (JFH) is a digital asset. It is a token issued by Uplus Future Company with the help of blockchain technology. It has no direct relationship with the original equity”.

The Potential:

What makes this story extremely interesting is the sheer magnitude of how large JFH is, the intrinsic value does not appear to be valued accurately in the market, given it’s only freshly merged into IGPK’s tiny shell company on the OTC.

Their Gross Merchandise Value (GMV) is heading north of 50 billion yuan, and post-merger profits from service outlets are looking at a hefty 10 billion yuan – yes, billion with a B.

Steering the ship is a leadership team featuring President Wang Dejun, Treasurer Xie Weiji, and Director Yang Lanfang. With a whopping 750 subsidiaries, 250,000 merchants, and 30 million registered users. We’ve also heard from other sources that the registered users could be nearly double that, coming in at 50 million registered users.

These numbers are substantial for a company with a $7 million market cap. Looking ahead, it won’t be shocking if IGPK sets its sights on moving up to a bigger exchange like NASDAQ. It’s no secret they’re already in the big leagues – or it at least appears so. If that were the case, they’d of course have enhanced credibility, more visibility, and increased access to capital with institutional funding.

The App:

Now, you might be wondering, “Sounds cool, but it’s a Chinese merger with a whole setup on the other side of the planet. Can we trust this info?” @SuperRobotOTC has also gone the extra mile by downloading the app, and gave us the lowdown in video format. On top of the SEC filings, this is an added layer of trust & credibility we can attribute to this new venture. Here’s the link to the video.

Conclusion:

Fortunately it appears IGPK is still for the most part flying under the radar. There’s not even a proper website or accurate update on IGPK’s OTC Market overview to tell us what the company even entails. But here’s the silver lining – that might mean you’re still early. The intrinsic value of IGPK appears strongly disproportionate to its current value in the market.

Our advice? Keep a close eye on IGPK’s journey as it takes on this exciting phase of growth and exploration. It’s likely this story will catch wind quickly and it could be a great time to take advantage. As @SuperRobotOTC eluded to in his video, this could be the OTC’s largest merger, with a potential $70B valuation.

We will update you on IGPK when more details emerge, subscribe to Microcapdaily to follow along!

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Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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