AiXin Life International Inc (QB) (AIXN) News

They'll have to do another reverse split to get back up to $4 to meet the minimum Nasdaq listing price.

And if I’m reading it right, the underwriter is in at 4$ a share. That’s more than 10x from where it is today.

Check out the sec filing from Feb 9. They got an underwriter, who if you do your DD on, has brought many tickers to fruition.

Monster volume for this stock!!!!!!!

$100 nope

$1 YES

Horrible smack down today - DOWN 54%

Nice rebound today. S-1/A out too seems like uplist is a go

AIXN made it to a $1 first,

Nice work $6 to $1!!!!!

Neither?

How about $3

Between this and FLCX not sure what one will get to $100 first lol

Bought up so $6s yesterday can’t wait to see what today brings $20?

Potential uplist to Nasdaq here. Let’s see.

AIXN: effective Feb. 17,2023 a one for 2 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

AIXN one for 4 reverse split. "Fractional shareholders will receive a cash in lieu rate of $4.245/per share on a post-split basis."

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Go go go!

Mercari Communications Group Ltd., MCAR, changed to AiXin Life International Inc., AIXN:

http://otce.finra.org/DLSymbolNameChanges

love it,Mcar

1.6m float. Sky’s the limit

moves on air,Mcar

bought 16.6 k myself,Mcar

For sure. Friday it was up around 400% on 20k volume $MCAR

MCAR~~float is very low,and should move fast here,new direction of the company in the 8K

That is awesome

look at fundamentals at TDAmeritrade FLOAT 1.6 Million

1.6m float. WOW $$$ $MCAR

MCAR ~~Float 1.6M Shares , Outstanding [color=red[color=red]]45.4M[/color][/color]

MCAR~~ FLOAT 1.6M Shares O/S 45.4M

MCAR~~Directors and Executive Officers:

Quanzhong Lin, Chairman and CEO
9 An Rong Lu Jingniu, Bldg 4 Unit 163
Chengdu, Sichuan Province, China 256,874,014 80.78 %

Yao-Te Wang, Director
704 No.9, Lane 14, Shijian St.
Tainan City, Taiwan, R.O.C. 15,074,695 4.74 %

All directors and executive officers as a group 271,948,709 85.52 %


https://research.ameritrade.com/grid/wwws/stocks/secfilings/filing.asp?data=B64ENCeyJEb2N1bWVudEtleSI6IjEzNy0wMDAxNDkzMTUyMTcwMTQ2MjMtNUEwVDhCVDFMMjhWOTNVNDhMU1FNOUdIRkYiLCJGT1JNQVQiOiJIVE0iLCJGT1JNX1RZUEUiOiI4LUsiLCJEb2N1bWVudERhdGVfZiI6IjEyLzEzLzIwMTcifQ%3d%3d&c_name=invest_VENDOR

MCAR~~ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS



On December 12, 2017, we entered into and closed a share exchange agreement, or the Share Exchange Agreement, with AiXin (BVI) International Group Co., Ltd. a British Virgin Islands corporation (“AiXin BVI”), and Quanzhong Lin, the sole stockholder of AiXin BVI (the “AiXin BVI Stockholder”), pursuant to which we acquired 100% of the outstanding capital stock of AiXin BVI in exchange for 227,352,604 shares of our common stock (the “Share Exchange” or the “AiXin Acquisition”). The foregoing description of the terms of the Share Exchange Agreement is qualified in its entirety by reference to the provisions of the Share Exchange Agreement filed as Exhibit 2.1 to this report, which are incorporated herein by reference. After giving effect to the Share Exchange, we had outstanding 317,988,089 shares of common stock.



As a result of the Share Exchange, AiXin BVI became our wholly-owned subsidiary, and we now own all of the outstanding shares of HK AiXin International Group Co., Limited, a Hong Kong limited company (“AiXin HK”), which in turn owns all of the outstanding shares of Chengdu AiXin Zhonghong Biological Technology Co., Ltd., a Chinese limited company (“AiXin Zhonghong”), which markets and sells innovative, premium-quality nutritional products in Chengdu, China.



AiXin BVI was incorporated on September 21, 2017 to serve as a holding company and AiXin HK was established in Hong Kong on February 25, 2016 to serve as an intermediate holding company. AiXin Zhonghong was established in the PRC on March 4, 2013, and on June 1, 2017 the local government of the PRC issued a certificate of approval regarding the foreign ownership of AiXin Zhonghong by AiXin HK. Neither AiXin BVI nor AiXin HK had operations prior to December 12, 2017.



Prior to the AiXin Acquisition, Quanzhong Lin, our President and Chief Executive Officer, owned all of the outstanding shares of AiXin BVI and 29,521,410 shares of our common stock, approximately 65% % of the outstanding shares of Mercari Communications Group, Ltd. As a result of the Share Exchange, Mr. Lin now owns 256,874,014 shares of our common stock, approximately 80.78% of our outstanding shares, after giving effect to certain other issuances described under the caption “Market for Registrant’s Common Equity and Related Stockholder Matters.”



For accounting purposes, the acquisition has been accounted for as a reverse acquisition and has been treated as a recapitalization of Mercari Communications Group, Ltd. effected by a share exchange, with AiXin BVI as the accounting acquirer. Since neither AiXin BVI nor AiXin HK had operations prior to December 12, 2017, the historical financial statements of AiXin Zhonghong are now the historical financial statements of the registrant, Mercari Communications Group, Ltd., and have been included in Item 9.01(a) of this report. The assets and liabilities of AiXin Zhonghong have been brought forward at their book value and no goodwill has been recognized.

MCAR~~HUGE 8K,COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS

https://research.ameritrade.com/grid/wwws/stocks/secfilings/filing.asp?data=B64ENCeyJEb2N1bWVudEtleSI6IjEzNy0wMDAxNDkzMTUyMTcwMTQ2MjMtNUEwVDhCVDFMMjhWOTNVNDhMU1FNOUdIRkYiLCJGT1JNQVQiOiJIVE0iLCJGT1JNX1RZUEUiOiI4LUsiLCJEb2N1bWVudERhdGVfZiI6IjEyLzEzLzIwMTcifQ%3d%3d&c_name=invest_VENDOR

MCAR bought here

$MCAR $$$

We will see how it goes

It looks good, I guess we have to wait and see if the market likes the news. Will like to see some volume before jumping in.

Seem like a super low floater- check out the chart:

Nice, I hope we get some movement. Also thank you for your reply.

Lots of new info in the 8k. Could get fun around here $$$ $MCAR

Insiders own 85% of $MCAR shares - that leaves only 47.7m tradable shares. Float is most likely much less. Pps could move fast $$$

Might have to pick some up early. Seems like low float higher price stocks are running hard.

Agree. $MCAR

In 2016 they had $3m in revenue. 2017 revenue is way down- looks like it will be about $1m

Could be interesting

$MCAR big operation-> As of September 30, 2017 we had approximately 78 full-time employees, of which approximately 41 were sales personnel and 37 are in public relations and sales support.

Looks like lots of potential sales for $MCAR -> Marketing Events. We host large-scale marketing events for approximately 1000 participants once or twice every month and conduct events for approximately 500 participants 4-5 times every month.

Looks good. Merger complete $MCAR

8k out. I'm new here, so is this more of the same or is it good news.

Is the Crap .20 shell 8k Good or Bad? lol

I dunno man. Another crap .20 shell that doesnt do anything or takes forever. I swear some of this group of .20 stocks are cursed. All the ones I liked and bought seem to fail on all their mergers. no matter how easy the merger should be. got at least 5 or 6 that all just cant get it done

Anything new with this one? I see the ask at .21 now.