Thread by @paulseo403

$TGGI: 🦄 WHAT UP FAM!!! 🦄

🧠: When ZuiXianGui Beverage Incorporated on 6/20/19, the “private” company was formed with 800,000 shares.

👀: One month later, they increased the share amount by 99,200,000 to an even 100,000,000.

(1/4) 👇🏼

$TGGI:

👀: Now see one year later, they file their Annual Return. It reflects the increased amount.

🧠: This is a “private” company that for some reason wanted to reset to the even 100M. This is not dilution. This is share structure preference! And Chen holds all 100M!

(2/4)

$TGGI:

📣: THIS IS EXACTLY WHAT WE SAW for $TGGI.

800K 👉 100M for ZuiXianGui
8.6B 👉 100B for $TGGI

IMO, this is NOT to be diluted. This is to reset to their desired SS, and which is common for large companies! (See JD.COM SS below!)

(3/4)

$TGGI:

🧠: Finally, THEY HAD to increase AS anyway because total AS currently is 12B. They have another 12B (See SEC filing). Without increasing AS they cannot accommodate for preferred stock if they were to actually need to use them.

🏔: YUP! See you at the top!

🦉