web analytics
10.7 C
Munich
Monday, October 25, 2021

Resort Savers Inc (OTCMKTS: RSSV) Rising as Q4 Wandi Mining Acquisition Speculation Builds

Resort Savers Inc (OTCMKTS: RSSV) is the exciting reverse merger stock that saw a historic rise to over $0.50 per share back in August. The run on RSSV started after the Company reported it was changing its name to Phoenix Rising Companies, Inc. and acquiring Wandi mining which adds at least 24 million tons of clean, low sulfur, thermal coal in its asset group. RSSV is fully reporting OTCQB, has $18.2 million in assets and reported $4,795,868 in revenues for the 3 months ended September 30, 2019. The stock fell to below a nickel after the massive July run.

RSSV continues to see increased action in recent weeks as penny stock investors speculate the Wandi mining acquisition is coming soon. The Wandi project consists of a resource deposit of 24.005 million tons of clean, low-sulfur, thermal coal. The percentage recovery of comprehensive mining area in layer 2 and layer 1 is 80% and 90% respectively; evaluated and utilized recoverable reserves is 19.572 million tons. Accroding to the recently filed 10Q

Resort Savers Inc (OTCMKTS: RSSV) took off earlier this year after its BOD approved a corporate name change to Phoenix Rising Companies, Inc. Phoenix Rising Companies Inc operates under the direction of a team of internationally diverse (French, Canadian, Malaysian and American) industrialists headed by DS Chang. In May the Company announced its new website phoenix-cos.com and a letter from its CEO.

Mr. DS Chang stated: In 2019 our Admall division grew beyond expectations. They’ve added new distributors and increased their market reach. In December the Admall division President met with the heads of the leading on line distribution system in Asia. It’s too early to promise any common effort but there is ongoing discussion. Admall picked up new products in 2019. The full line of supplements from Arginine Miracle, LLC of Utah, USA. Admall won an exclusive distribution agreement for most of Asia. The Arginine Miracle products are considered by many in the scientific world to be the finest in the industry.

The Wandi project consists of a resource deposit of 24.005 million tons of clean, low-sulfur, thermal coal. The percentage recovery of comprehensive mining area in layer 2 and layer 1 is 80% and 90% respectively; evaluated and utilized recoverable reserves is 19.572 million tons. The production scope is 0.9 million tons/year. The evaluation and calculation length is 17.73 years (mining service length is 16.73 years and preparation term is 1 year) On December 31, 2017 the project was evaluated to be 815B yuan (~$1.12B USD). This has potential to become the new largest revenue generator for the company.

Tieshan Oil continues to pump out revenue as they specialize in their niche segment. Some gasoline producers depend on Tieshan almost exclusively for necessary product components.  In February of 2020 we acquired 100% of Wandi mining. This addition to our portfolio puts at least 24 million tons of clean, low sulfur, thermal coal in our asset group and adds the promise of clean energy to China while creating an expectation of more than a billion dollars in revenue for our company.

Of great importance is the pending acquisition of 99 Holdings and its subsidiary 99 Technologies. These companies own and exploit what we believe is ground breaking technology in the eradication of viruses, including Covid-19 and infection control of enclosed spaces. We are confident the world is undergoing a cultural shift in favor of infection control. We expect consumers to demand cleaner hospitals, hotels, airplanes and more. 99 Holdings and 99 Technologies are there to meet the need. We see the correctness of our assessment as sales this year are running about 2000% (two thousand percent) over the same period in 2019.

To Find out the inside Scoop on RSSV Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

RSSV

Admall is a wholly owned subsidiary of Phoenix Rising Companies, Inc. Admall generates revenue from multiple avenues with much coming from online marketing. BUT…the reader must understand that Admall is more than just another online vendor. Admall is a rapidly growing community of upwardly mobile people who want the very most life has to offer. Driven by science Admall is always focused on the needs of its community. The areas of products and services include Biotech, Education, Financial Markets and Human Astrology. The four pillars of Admall

In 2019 ADMALL contributed nearly $600,000 to the company’s total revenue of nearly $30,000,000.00. DS Chang, CEO of Phoenix Rising Companies, has said “I see the opportunity for ADMALL to be a larger part of Phoenix’s total worldwide picture by adding new markets. The products are good and exciting. I think customers will be pleased. I envision the possibility of a future where ADAMLL is producing several million in revenue with more than 25% going to the bottom line.”

According to the last press release from RSSV: “The Wandi Mining acquisition has yet to close. The Company has tendered its share consideration to Wandi. However, Wandi has yet to deliver its shares to the Company as required to close the transaction. The Wandi shares are shown as “Subscription receivable for acquisition of Wandi” in the financial statements in our latest quarterly report. We anticipate that the Wandi transaction will close prior to the end of 2020.”

For More on RSSV Subscribe Right Now!

RSSV is the exciting reverse merger stock that saw a historic rise to over $0.50 per share back in August. The run on RSSV started after the Company reported it was changing its name to Phoenix Rising Companies, Inc. and acquiring Wandi mining which adds at least 24 million tons of clean, low sulfur, thermal coal in its asset group. RSSV is fully reporting OTCQB, has $18.2 million in assets and reported $4,795,868 in revenues for the 3 months ended September 30, 2019. The stock fell to below a nickel after the massive July run. RSSV continues to see increased action in recent weeks as penny stock investors speculate the Wandi mining acquisition is coming soon before year end. The Wandi project consists of a resource deposit of 24.005 million tons of clean, low-sulfur, thermal coal. The percentage recovery of comprehensive mining area in layer 2 and layer 1 is 80% and 90% respectively; evaluated and utilized recoverable reserves is 19.572 million tons.  We will be updating on RSSVon a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with RSSV.

Sign Up now for our 100% FREE Penny Stock Newsletter

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

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.