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Monday, October 18, 2021

XMET (Xxstream Entertainment) Powerful Reverse Merger (RM) SPAC Name Change to Shenzhen Houmu Wealth Management

XMET has affected a 100 for 1 reverse stock split and changed its name to Houmu Holdings Ltd. Temporarily trading as XMETD this is probably a good thing for the Company and shareholders over the long term. There is a common misconception on the bulletin boards that RS means a falling stock price and this is not true at all. Looking back over the past few years many high-profile penny stocks that saw RS actually made significant runs right after the RS. We wrote about some otc that did RS and made big moves direclty after the RS a few years ago so its a bit out of date: “CTSO did a 25 for 1 RS the stock opened after the RS at just over $4 a share and quickly ran to over $12 in 3 weeks. SIAF did a 9.9 for 1 RS and the stock opened after the RS at just over $6 a share and was trading over $9 by the next day. Even if we look back farther and take MSLP which did a 850 for 1 RS and opened after the RS at just over $4 and was trading over $12 a share within 6 months. So I reject the general consensus that is going around that RS will result in a dropping PPS; on the contrary RS could be the catalyst that takes this one to the next level. We will update as more details emerge. To keep updated enter your email below.

XMET (Xxstream Entertainment) is heating up and is once again in full beast mode as the stock saw a massive reversal off $0.005 last week. This comes as a welcome change after many days of choppy waters due in part to a significant short attack that is now behind it. On Friday there was a real change in the wind as large buyers showed up and heavy accumulation in XMET began again in earnest speaking volumes of what is to come this week. Any official news on XMET could send this one into a whole new dimension as investors look forward to the coming name change to Houmu Holdings Shenzhen Atsumu Wealth Management Co., Ltd., abbreviated as Atsumu Fortune, was established in March 2015 and is headquartered in Jinan Hanyu Jingu, the regional financial center of Shandong Province, with a registered capital of 100 million yuan ($15 million USD) Houmo Holdings is focused on comprehensive asset allocation consulting, investment product screening, Corporate financing services for domestic high-net-worth individuals and institutions, asset management and other diversified financial services. 

Big things are happening with XMET ever since HK Morgan Stanley broker Wei Tian purchased the SPAC for $220,000 from David Lazar. According to court records there was a status check completed on Friday. Also, the Custodianship with David Lazar will be officially terminated on March 19.  XMET origins as a David Lazar, OTC SPAC’s/CUSTODIAN Plays is significant as many of these plays have been hugely successful making powerful sustained runs indicative of a clean share structure. David Lazar custodianship/SPAC RM deals have been so successful in fact they have even spawned the message board; David Lazar, OTC SPAC’s/CUSTODIAN Plays on Investorshub.com. It is also important to note that new CEO Wei Tian is a season executive who has participated in many successful IPOs. He also participated and issued the Deutsche Bank Subprime Mortgage Bonds Derivatives Plan, participate and issued the HSBC trust asset-backed securitization Plan.  XMET has huge interest from investors who are looking for a move back over $0.02 and a serious powerhouse blue sky breakout. This coming reverse merger with Houmu Holdings could be the catalyst that propels XMET into a whole new dimension. 

Xxstream Entertainment (OTCMKTS: XMET) is a clean shell that was dormant for many years but has come to life as the Company recently filed its quarterly report becoming Pink Current on OtcMarkets.  XXStream, Inc. was formed on May 21, 2005, with an initial business plan to offer a new type of entertainment portal on the web that is built from the ground up for today’s always on high bandwidth 18-35 year old demographic. The club was intended to be the first portal online that would blend online and offline entertainment in ways that leverage the synergies of the real and virtual worlds in unique ways. The Company intended to create a new media company that would provide multi-cultural digital content for consumers in every major market segment in Europe, South America, Asia, and Mexico. Club XXStream was targeting a young global demographic, with the primary focus being 18-35 years of age, as this demographic group is affluent, technically sophisticated, and is always seeking new ways to find entertainment off and online. Club XXStream was in partnership discussions large media content and technology providers including MTV, Microsoft, Macromedia, Real Networks, Yahoo, AOL/Time Warner 

XMET was created in 2006 as a dividend to trap the NS on PYCT, it never had a biz, no debt, never traded, it was grey sheet, until David Lazar got it uplisted to the OTC pink venue, and as of July 17th 2020 he was granted custodianship (see link atached) Mario Pino former CEO has died recently, and clearly has no connection or influence on XMET. 

On July 20, 2020, Custodian Ventures, LLC was appointed as the custodian of the Company by the Eighth Judicial Court of Nevada pursuant to Case No. A-20-816267-B. David Lazar is a private investor and since February of 2018, Mr. Lazar has been the managing member of Custodian Ventures LLC, where he specializes in assisting distressed public companies. Since March 2018, David has acted as the managing member of Activist Investing LLC, which specializes in active investing in distressed public companies. David has a diverse knowledge of financial, legal and operations management; public company management, accounting, audit preparation, due diligence reviews, and SEC regulations.  

There is a great article on OTC SPAC’s/CUSTODIAN Plays here.

Image result for David Lazar, OTC SPAC’s/CUSTODIAN Plays

In recent years there have been a number of hugely successful David Lazar custodianship/SPAC RM deals that have even spawned the message board; David Lazar, OTC SPAC’s/CUSTODIAN Plays on Investorshub.com.  

Investor Sentiment in XMET is high. On Decmeber 1 the same day Microcapdaily first covered XMET Clay Trader posted a technical analysis on XMET on youtube.

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Microcapdaily reported on XMET on December 1, 2020 just as XMET was rising up out of the triple zeroes Microcapdaily reported its article: Custodianship/SPAC; the Rise of Xxstream Entertainment (OTCMKTS: XMET) Stating: “Xxstream Entertainment (OTCMKTS: XMET) is another exciting RM play getting noticed by penny stock speculators and trading big volume topping $4 million + per day in dollar volume. XMET is another custodianship/SPAC from David Lazar. Reverse Merger stocks are proving to be more explosive than biotech and XMET has all the markings of a coming Reverse Merger. After many years of dormancy XMET has come to life filing its quarterly report becoming Pink Current on OtcMarkets. On July 20, 2020, Custodian Ventures, LLC was appointed as the custodian of the Company by the Eighth Judicial Court of Nevada pursuant to Case No. A-20-816267-B. David Lazar is a private investor and since February of 2018, Mr. Lazar has been the managing member of Custodian Ventures LLC, where he specializes in assisting distressed public companies. Since March 2018, David has acted as the managing member of Activist Investing LLC, which specializes in active investing in distressed public companies. David has a diverse knowledge of financial, legal and operations management; public company management, accounting, audit preparation, due diligence reviews, and SEC regulations. In recent years there have been a number of hugely successful David Lazar custodianship/SPAC RM deals that have even spawned the message board; David Lazar, OTC SPAC’s/CUSTODIAN Plays on Investorshub.com.  

Image result for XXSTREAM ENTERTAINMENT, INCOn December 14 XMET filed an 8k: Item 5.01 Changes in Control of Registrant. On December 9, 2020, as a result of a private transactions, 100,000,000 shares of Series A Preferred Stock, $0.001 par value per share of XXStream Entertainment, Inc., a Nevada corporation were transferred from Custodian Ventures, LLC to Wei Tian. As a result, the Purchaser became an approximately 93% holder of the voting rights of the issued and outstanding share capital of the Company on a fully-diluted basis of the Company, and became the controlling shareholder. The consideration paid for the Shares was $220,000. The source of the cash consideration for the Shares was personal funds of the Purchaser. In connection with the transaction, David Lazar released the Company from all debts owed to him. Other than as described below, there are no arrangements or understandings among both the former and new control persons and their associates with respect to the election of directors of the Company or other matters. The information set forth in Item 5.02 of this Form 8-K is incorporated by reference into this Item 5.01. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 9, 2020, the existing director and officer resigned immediately. Accordingly, David Lazar, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director. At the effective date of the transfer, Wei Tian consented to act as the new President, CEO, CFO, Treasurer, Secretary and Chairman of the Board of Directors of the Company.  

Wei Tian has a Bachelor Degree in Finance at Capital University of Economics and Business, and a Bachelor Degree in International Economy and Trade at Shandong University. Wei Tian is a certified Futures Advisor, Securities Analyst, and Market Risk Analyst. We Tian worked at Morgan Stanley, in the Department of Global Capital Markets in HK, at China Futures Co., Ltd., in the Department of Research, and at China Securities Co., Ltd., in the Department of Investment Banking/Research. Wei Tian participated and issued the Deutsche Bank Subprime Mortgage Bonds Derivatives Plan, participate and issued the HSBC trust asset-backed securitization Plan, and participated in multiple IPOs. Wei Tian has been appointed as a Chief Executive Officer, President, Secretary, Treasurer and Chairman of Board of Directors of the Company.  

RM PLAY XMET NEW CO IS: SHENZHEN HOUMU WEALTH MANAGEMENT CO., LTD.

https://twitter.com/JDiamonds2020/status/1366720827291545600

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XMET (Xxstream Entertainment) is heating up and is once again in full beast mode as the stock saw a massive reversal off $0.005 last week. This comes as a welcome change after many days of choppy waters due in part to a significant short attack that is now behind it. On Friday there was a real change in the wind as large buyers showed up and heavy accumulation in XMET began again in earnest speaking volumes of what is to come this week. Any official news on XMET could send this one into a whole new dimension as investors weigh the coming name change to Houmu Holdings with its corporate website located at: houmucf.com Shenzhen Atsumu Wealth Management Co., Ltd., abbreviated as Atsumu Fortune, was established in March 2015 and is headquartered in Jinan Hanyu Jingu, the regional financial center of Shandong Province, with a registered capital of 100 million yuan ($15 million USD) Houmo Holdings is focused on comprehensive asset allocation consulting, investment product screening, Corporate financing services for domestic high-net-worth individuals and institutions, asset management and other diversified financial services. Big things are happening with XMET ever since HK Morgan Stanley broker Wei Tian purchased the SPAC for $220,000 from David Lazar. According to court records there was a status check completed on Friday. Also, the Custodianship with David Lazar will be officially terminated on March 19.  XMET origins as a David Lazar, OTC SPAC’s/CUSTODIAN Plays is significant as many of these plays have been hugely successful making powerful sustained runs indicative of a clean share structure. David Lazar custodianship/SPAC RM deals have been so successful in fact they have even spawned the message board; David Lazar, OTC SPAC’s/CUSTODIAN Plays on Investorshub.com. It is also important to note that new CEO Wei Tian is a season executive who has participated in many successful IPOs. He also participated and issued the Deutsche Bank Subprime Mortgage Bonds Derivatives Plan, participate and issued the HSBC trust asset-backed securitization Plan.  XMET has huge interest from investors who are looking for a move back over $0.02 and a serious powerhouse blue sky breakout. This coming reverse merger with Houmu Holdings could be the catalyst that propels XMET into a whole new dimension.  We will be updating on XMET when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with XMET.

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

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