BAIYU Holdings Inc (BYU) News

Unfortunate they didn't appeal, but OTC is better than gettting the shares wiped out.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001556266/000121390024101679/ea0222343-8k_baiyu.htm

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001556266/000121390024101679/ea0222343-8k_baiyu.htm

Suspended 11/21/24.

https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx

Any day now, this should start ripping back for $1 +.... if it stays down in this range, just add more and more.... it's worth well over a dollar... The silence in this ticker is golden... the value in their assets demands the price be $5+++ and it will run there with the same volume we see these days 200k to 1 million shares sends this up as soon as reality sets in for spectators and larger investors...

https://www.otcmarkets.com/filing/html?id=17965195&guid=RGY-kWFqhyxpJth

News about the Nasdaq appeal should be out before Nov 15th.

Also buy physical Gold and Silver........that way they can't take it away from you, or cheat you out of it.......

Z

Yup i think best case scenario is buy gold silver or Chinese stocks with high revenues and low float 

Yup.......and BRICS just had a summit in Russia, where they moved forward with their economy ideals........

Z

https://x.com/FilingsTracker/status/1851567344818032733?t=LoI73kXnWYfXzd7JGPEtRw&s=19

I believe we got a deal confirmation this morning. Lol... should be popping soon... Where the Chinese billionaires at... their economy ain't dying like out here in the west...

BRICS nations are out in full force to snatch market share and rebalance world trade... especially China... Chinese companies should be pumping soon enough

Give her time............

Z

Still waiting here for the rise

BYU - #DDAmanda Pick - #1 Stock Scanner/Screener

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Z

Everyday, dump, dump, dump lol.... 

Disappointment 

This is the law firm representing BYU in their delisting appeal https://archive.fast-edgar.com/20241016/AH22K22CZZ2RM2S2229G2MY2MBBBRZ22G262/ex99-1.htm

It shot from 25 cents to 32 cents in After Hours just now on about 300k shares. Quite an order... should be trading well over a dollar with their True Book Value based upon Assets and Share Structure

Nice after hrs today.

Soon news of compliance - probably before Nov 15th.

And the company is SILENT.... Even BETTER!

Lol Chinese taking a big dump on America! With BAIYU Holdings. 

A year and a half ago, they did the same thing. Dumped from $1+ to .05 cents... then the piece of shyte company did a Reverse Split.... 1 for 50 and went from .05 range to $2 +... then dumped to a buck, and slowly inched up to $6 a few months ago. This is a share selling, rinse & repeat Ponzy Scheme... Early investors run the share price up, bring new speculators then DUMP on them and then buy up the Bottom again or Share Offering or Reverse Split, then share offering....

And now these bafoons allowed their share price to tank nearly to the same point. Buy back some shares if your business is doing so well... liars

So I'm beginning to think perhaps it's a good thing that Nasdaq will take them off the exchange. Such a company does not deserve to be on the exchange. 

China's economy may be growing, but there are still many Corporate scammers in China as much as there are in America & Canada. 

I doubt Nasdaq will delist them though. 

This is disgusting...

Looks like the .45s support is breaking over the past couple of days, no further words from the CEO yet. Share price relentlessly attacked by Shorts. Will it recover? This should be trading multiple dollars for sure. The negative sentiment created by Nasdaq must have shareholders dropping out in combination with Short pressure... Money is scarce these days. Very tight. 

What can the company really do? They already made a statement responding to Nasdaq's decision... Now, they just have to deliver upon promises and prove it I guess... 

Making late night strides to mid .50s lol.... yesterday it touched .68 on like 4k shares bought..

We shall see what happens as these shares make contact with new hands... Will they be able to continue shorting to .20s, .30s .40s or will it get back to .70s .80s $1+...

If/when it breaches the $1 mark, you'd better believe it's going to stay in that range, if they maintain their financial filings and maintain a profitable company. Then the sky is the limit. We could easily see $3-$5 per share in weeks

byu..............................https://stockcharts.com/h-sc/ui?s=byu&p=W&b=5&g=0&id=p86431144783

Let's hope the hearing panel realizes we're legit and keeps us listed.

Shorts and competition trying to crush BAIYU HOLDINGS & make money off the downturn...

While the company is saying for fiscal year 2023:

134,558,086
commodities trading business revenue

67,981
supply chain management services revenue

For the three months ended March 31, 2024

28,089,681
commodities trading business revenue

2,466
supply chain management services revenue

For the FY 2023 and three months ended March 31, 2024

1,748,731
FY 2023 net income

1,998,802
three months net income

Renmei Ouyang, CEO of BAIYU, commented, "We are appealing the Nasdaq Staff's recent action because we believe that the Staff had not considered fully and appreciated the scope of work of the Company's dedicated management to secure these two significant opportunities. These two projects are natural extensions of the Company's bulk commodities trading business and align perfectly with our recent expansion into clean energy projects, including battery-charging stations. We are a company that lets the quality of our people, our experience and business plan speak for themselves."

In connection with the Company's announcement on August 29, 2024 of a purchase and sales contract for electric lithium batteries with a U.S.-based auto parts supplier, the Company continues to take steps to put in place the complementary and component elements of the transaction. The contract represents the official debut of the Company's proprietary lithium battery brand into the United States market, advancing its strategic positioning in the new energy sector. Separately, in connection with the Company's announcement on September 4, 2024 of the entry into a letter of intent, through one of the Company's subsidiaries with a Cairo, Egypt-based company to cooperate in the construction and operation of charging and swapping stations in Cairo, the Company also continues to take steps advancing the objective of entering into a definitive agreement. Those collaborative efforts are ongoing.

Ouyang further stated that "management's prioritization of expanding the Company's business footprint and building shareholder value should result in favorable consideration by Nasdaq in our appeal." Nevertheless, the Company acknowledges that it cannot predict the outcome of the appeal. Ouyang added that "we are committed to advancing expeditiously our efforts to maximize shareholder opportunities and value and pursue our business strategy uninterrupted."

BAIYU anticipates that its common stock will remain listed on the Nasdaq pending the outcome of the hearing and subsequent decision by a hearings panel. There can be no assurance that the panel will grant the Company's request for continued listing. Meanwhile, the Company continues to be current with its filings of periodic reports with the Securities and Exchange Commission, and expects to maintain the registration of its securities under the Securities Exchange Act of 1934, as amended. Moreover, the Nasdaq Staff's notice of determination of delisting does not affect the Company's business operations, financial position, or ability to meet all financial obligations to partners and other counterparties.

BAIYU remains committed to its diverse corporate mission with its focus on energy by continuing to develop and provide clean energy alternatives. For more information on BAIYU's ongoing initiatives and corporate developments, please visit www.baiyuglobal.com

I got back in lol... at a good time... feeling comfortable with my entry for peanuts compared to where they ran it up to before.... and I'm still Green Now Lol... luckily... 

.40 cents to $1 do have lithium battery contracts …The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading will resume in BAIYU Holdings, Inc. (Nasdaq: BYU) at 9:00 a.m. Eastern Time on October 9, 2024. Trading in the company’s stock was halted on September 5, 2024 at 7:50 p.m. Eastern Time.
For

Oh wow it reopened today

Lucky i woke up late

I'm loading tomorrow for another pop to $2-$5 lol near term

Resumes trading tomorrow morning at 9am

BYU SEC Suspension "because of questions and concerns regarding the adequacy and accuracy of publicly available information in the marketplace concerning BAIYU and indicia of potentially manipulative trading in the securities of BAIYU effectuated through recommendations, made to investors by unknown persons via social media to purchase the securities of BAIYU, which appear to be designed to artificially inflate the price and volume of the securities of BAIYU."

BAIYU Holdings, Inc. (BYU), a holding company incorporated in Delaware
whose principal executive offices are located in Shenzhen, Guangdong, China.

https://www.sec.gov/files/litigation/suspensions/2024/34-100956.pdf

Order:

https://www.sec.gov/files/litigation/suspensions/2024/34-100956-o.pdf

$BYU lol another CHISCAM bites the dust.

T12 halt, ouch.

What's going on is right lol

What is going on?