AB International Group Corporation (PK) (ABQQ) Quote

BK?

Ridiculously quiet. 10k?

It’s vewy vewy quiet cause I’m huntin wabbits.

Let's go ABQQ!

AAAAnd the next movie announcement:

$ABQQ Announced AI scenes film “Amazing Data Dreamy Lovers” Premiere for Screening on Cinemas in China. The film’s distributor has executed definitive agreement with Hua Xia Film Group, the leading nationwide distributor in China, to distribute the movie to be screened in cinemas… pic.twitter.com/fDCDRoNcRg— ABQQ (@ABIntlGroup) October 2, 2024

And just the next really good post on X:

$ABQQ updates the result of operations for September.
Revenue in September was US$322K, of which consulting business accounted for 31% IP licensing business accounted for 28% movie copyright and cinema accounted for 41% pic.twitter.com/nsodjDw0IF— ABQQ (@ABIntlGroup) October 1, 2024

China will issue consumer vouchers, including in consumer areas such as movies. It points to the government’s efforts to revitalize the economy through cultural consumption. $ABQQ, with its focus on the film industry, could potentially benefit significantly from the Chinese…— ABQQ (@ABIntlGroup) September 30, 2024

Next Awesome Post on x:

China will issue consumer vouchers, including in consumer areas such as movies. It points to the government’s efforts to revitalize the economy through cultural consumption. $ABQQ, with its focus on the film industry, intellectual property, and IP licensing, could potentially… pic.twitter.com/kmdPqydOcj— ABQQ (@ABIntlGroup) September 27, 2024

I’m just reading what is there. The next release will show a lot. Guess we will see. Glta

It is worded that Alumni is acting as a broker and is free to place these shares with anyone...that is how the hidden owners will acquire these shares for nothing. If there was any kind of loan it would have to specify an interest rate. I hope you are right...I really do because it would mean we have a potential big play. But to dance in China you must controlled by the government and this is how that is being done. There is no intention to repay the loan...because a loan isn't actually needed in the first place. And a loan should not contain a warrant clause...especially this one that is beyond criminal in it's scale relative to the size of the company. We have been had.

A convertible equity line is a financial instrument that can be used to raise capital for startups, and can be converted into equity during a future financing round. It's a hybrid of a convertible note and a security, but without the debt aspect of a convertible note. Convertible equity is often used in earlier, smaller investment rounds, and is a good fit for angel investing. It's also a company-friendly instrument because the company isn't obligated to repay the investment.

If it was a loan...what is the interest rate? I don't see any language other than shares for money. if it is a loan why are there warrants? Warrants are usually for a broker who sells it to the public....but this looks like it will be sold to private investors.

And they sit have to borrow and monies at all. It can just sit there and they pay fees to keep it open. If they don’t borrow no conversion. And there is most definitely a payback provision or the loan would be usurious. I’m in the industry and understand these things.

They can sell 3 billion shares of stock and receive $420,000 dollars. That is .00014 per share...and they have to pay Alumnis fees out of that. There is no payback provision...read the prospectus:https://ih.advfn.com/stock-market/USOTC/ab-pk-ABQQ/stock-news/94500912/form-424b3-prospectus-rule-424b3. A week after he filed this supplemental prospectus he notified of a yearly profit of $250,000 and a week later q4 profit of $600,000-1 million. A next 90,000 for consulting fees with lots more coming. Yeah right it is just a credit line... it is only a credit line in that the company has a "put" on to when they do it. It is a way for special interests to take over the company...most likely the people who can make the China operations possible. Only possible explanation.

Yeah they gotta take the money. It’s an equity line.

It isn't a loan with convertible provisions. It plainly says they are issuing stock for the money...and it is for around .0002 cents per share. There is really no reason for the warrants provision at all. 3 billion shares would only net less than $600,000....freakin 1/2 of the 4th qtr profit projection. Something very fishy happening here. The only possible explanation is the ownership and the potential is being taken away from the existing/retail shareholders and given to special interests. There is some language in the prospectus about they may resell them. Look at the terms compared to the amounts announced they expect to come in. If there isn't foul play involved...then Cheng is the worst ceo in history to get taken so badly.

It’s a loc. stop spreading misinformation. If they don’t use it there are no shares to convert. And conversion is not guaranteed as there are typically payback provisions. Let’s see what is used before we think this will blow up to 6 billion shares.

No. The total amount of shares that Alumni will end up with is 4.5 billion. Added to the the existing 2.3 billion for a total of 6.8 billion. So they...that is whoever they are going to pass these shares to will own 67% of the company. Once the warrants are exercised the stock will be free to float it should rise some. But if this loan had not been done...this stock would be probably close to a penny. But I think what is really happening is the warrant will be kept on until they can buy up retail shares as people lose interest and sell.

When you mean “big grand slam” are you implying to run high with no RS?

Right. Stop putting it down so much. Let it happen. IMO I have issue here too and have been vocal. But risk/some reward here.

The first 50 milly+ shares cancelation is complete:

https://x.com/ABIntlGroup/status/1838194049833984162/photo/1

Looks to me this loan has been made to transfer the majority ownership to someone behind the scenes going through Alumni...and that is most likely people in China who can make this company "in"...and all of these ventures will be successful. We just need the warrants to clear up so the stock will be free to climb. We will never get the big grand slam this could be...but if the price can fluctuate we should realize a nice gain. Shame though.

This CEO has cried Wolf to many times. So to speak.

Last time about six months ago they said all these things none of them came true. Before that he used the shares as his personal piggy bank. I’m sure he’s laying back his loans from shareholder first.

And another awesome tweet:

$ABQQ has introduced an innovative revenue stream through consulting fees related to AI-arranged screenings for films. This model involves sharing 1% of the box office revenue from these screenings, aiming to generate an additional $15 million in income.
The $15 million extra… pic.twitter.com/WDMQq3xXfV— ABQQ (@ABIntlGroup) September 22, 2024

Just think if he had executed the 1/2000 reducing the OS to 1.15 million....and now we have profits of 15-20 million a year. stock would go from 2.00 after RS to probably 50 right now.

Instead we had 75% of the company sold for a total of a couple million. And because of the warrants we can't even get the stock to move at all.

And the next tweet of really awesome news:

$ABQQ Introduces consulting for AI-Arranged Cinema Screenings
ABQQ has already received a consulting fee of $93,000 from first client, a prominent app developer. This collaboration marks a significant milestone, validating our approach and the potential of AI in transforming the…— ABQQ (@ABIntlGroup) September 19, 2024

Just wish we could realize the gains from this

https://x.com/ABIntlGroup/status/1836088504285302937

Sell and move on then. Good luck

Looks like we have been had. No explanation from the ceo for the loan when millions are flowing in to the company....and he knew the money was coming. Seems Alumni is being used as a middle man to transfer the majority of the stock, control or the company, and diversion of money to them....whoever in China is them...probably corrupt officials in their government.

Glad I played this one down the middle, got my stoke back plus a small profit, and hang onto the rest to see if this eventually unlocks for the retail investors.

Awesome!

Looks like we will have to wait till Monday 16th.

Block buster rev news:

$ABQQ wishes to inform the Shareholders that based on the information currently available to the Company, it is expected that the Company may record an increase in the Revenue ranging from 350% to 400%, and the Profit ranging from $600,000 to $1 million for the 4th Quarter ended…— ABQQ (@ABIntlGroup) September 13, 2024


But why do we need the dilutive loan?

We getting no volume just stagnate

Let's Go ABQQ! Up UP and AWayyy!

Some green would be nice today. Keep Believing!

$ABQQ business model.
The overarching strategy of ABQQ seems to blend traditional entertainment industry practices with modern digital distribution and blockchain technologies. This hybrid model aims to:
- Diversify Revenue Streams: By not relying solely on one method of… pic.twitter.com/iwR4I8sj9m— ABQQ (@ABIntlGroup) September 12, 2024

$ABQQ business model.
The overarching strategy of ABQQ seems to blend traditional entertainment industry practices with modern digital distribution and blockchain technologies. This hybrid model aims to:
- Diversify Revenue Streams: By not relying solely on one method of monetization, ABQQ reduces risk. Revenue comes from box office, streaming, licensing, and NFT sales.
- Leverage Technology: The integration of NFTs into their business model showcases an attempt to stay ahead of digital trends, potentially attracting a younger demographic or tech enthusiasts.
- Global Market Penetration: By focusing on content that has cultural significance in China but appealing globally, ABQQ positions itself to benefit from both local and international markets.
- IP Ownership and Development: Owning intellectual property allows for long-term revenue through various exploitation rights, which can be more profitable than just distribution.

“This model reflects a forward-thinking approach in the entertainment sector, combining content creation, distribution, and innovative digital asset management, aiming for both immediate revenue and long-term IP value growth.” Said Chiyuan Deng.

A miracle if we achieve those targets with no RS. We will see. Will be adding plenty.

Now that they are doing this dilution these loans will create...it is not really a smart move to RS. These loans will effectively give 75% ownership to Alumni. If Deng...who knew the licensing revs were coming and the streaming on ABQQ. TV....would have RS at 1/2000 it would have put the OS at 1.15 million with a year end profit of 250K...that would be .22/share. Yes you would have less shares but the price would adjust up to equal. For example if he had executed when pps was .001 it would go to 2.00. What comes next? Well if you take the .22/share x a normal 16x P/E the price would adjust up to 3.20...and even more looking at the 150-250k revs projected to BEGIN the streaming in Nov and only to "significantly" grow as movies are added. Then the company could have floated 1 million shares and ask 4.00 and funded the capital needed for the movie distro subsidiary so necessary to do biz in China. We would have been set up perfectly...and so would Deng. But he screwed it all up.

They may be saving those shares for a reverse merger.

Anyone who has been in the market long enough knows that ABQQ is on the right track to make extraordinary progress in the future.

This is not an instant get rich scheme. This is about long term building of shareholder value.

The daily share exchange action reveals that.

BB

If they do then they should just do the RS right after and get it over with.

Thank you for those last two responses. Now I know I am on the right track.

BB

That's what ik hoping for

I was thinking that could be a big catalyst

The part I don't understand about your post is "will the shares convert/" What do you mean by that?

BB

I'm not quite sure what you mean mustang656. Do you mean that they will use the toxic loan as I said?

BB

They will use it. The question is will the shares convert?

Did it occur to anyone that the real intention is to eventually reneg on the loan agreement? ABQQ just has that floating around to keep the price low so that they and other individuals can buy shares at a really low price, then have the SP go up to pennies? Makes a lot of sense to me.

BB

$ABQQ success launch a wholly owned subsidiary in China.
4. Risk Management: While entering the Chinese market offers significant opportunities, it also comes with risks like regulatory changes, censorship, and market competition. By setting up a subsidiary, ABQQ is looking to…— ABQQ (@ABIntlGroup) September 6, 2024

And the shit stinks bad

Looks like they are committed to this ridiculous loan

$ABQQ NEW FILING! https://t.co/eNu23IvEAc— Imay Noko (@ImayNoko) September 5, 2024

This ceo knew all of the licensing fees and streaming revs when he entered into this horrible agreement. We as retail shareholders are being shit on.