For gamblers only, any in here ? GRSU

[brucefan]

Wow, crazy day today . A bear raid hit the stock, shockingly, on a Friday before a holiday when no one was around. I paid as low as 1.35! Stock closed around 2.40 . Im hearing rumors the short that had threatened the company was thrown on jail. Just a rumor. Doesn't matter, this stock is an easy 10 bagger from these prices . Patience , patience

DAMS Consulting‏ @DAMSConsulting May 24More



$WEYL Short Volume Total Volume % 11751 22900 51.31 another day of counterfeit shares being sold to drive stock down,I lost count on how many day in a row at least 50 now.

DAMS Consulting‏ @DAMSConsulting 10h10 hours agoMore



$WEYL naked short continues to play 35K trades 20K naked AGAIN, the more they sell the higher it goes when it turns it will be brutal for our thug

 

[Ricboff]

don't know shit about this company (brucefan has provided massive info!) and gl to all investors. With that said, the candlestick that formed on Friday is a beauty. A favorite of mine .It carries a high probability of a reversal pattern (short term); a swing low. Keep in mind any upward play on this stock is a counter-trend move (this stock has been trending down for approx 5 months), betting agasint the trend short term can be dangerous, gotta pick your spots and fire as much probability on your side.

talking short term, trading, not as a long term investor


3 month daily

a hammer with a huge tail on massive volume AND reclaimed a support level-- Gotta love it. if this is seen on a major indice ETF or sector ETF ? no brainer for me.

It has been below the 8 EMA since March 19th, 2018. And is still below it, despite friday. Would have been REAL nice if it had reclaimed it friday


will be fun to watch short term

 

[Steiner69eR]

Picked up 750 @ $2.12 USD. Will try to grab more on any futher dips. Volume low today.
Thanks for the insight, as per usual.

 

[brucefan]

Picked up 750 @ $2.12 USD. Will try to grab more on any futher dips. Volume low today.
Thanks for the insight, as per usual.

Faith , will be rewarded !
[FONT=&quot]DAMS Consulting‏ @DAMSConsulting 11h11 hours agoMore


[/FONT]
[FONT=&quot]$WEYL fri around 2.30 a bear raid started on a nice quiet day(bear raid 101) total vol was 110K on dip to $1.31 our naked short friend sold 55K More in hope to get longs to panic, maybe some did but I know a few who picked up cheap stock, My Total #
is 2.3+ million to cover
[/FONT]

 

[Steiner69eR]

Faith , will be rewarded !
DAMS Consulting‏ @DAMSConsulting 11h11 hours agoMore



$WEYL fri around 2.30 a bear raid started on a nice quiet day(bear raid 101) total vol was 110K on dip to $1.31 our naked short friend sold 55K More in hope to get longs to panic, maybe some did but I know a few who picked up cheap stock, My Total #
is 2.3+ million to cover

What a great line!

Tried to pick up more during yesterday's attack (-33%) knowing that the close wouldn't be that bad (I think we closed down 5 or 6 points). but had to sell another equity and funds wouldn't clear until Friday.
Noticed CEO picked up $45K more of shares AH today.

 

[brucefan]

What a great line!

Tried to pick up more during yesterday's attack (-33%) knowing that the close wouldn't be that bad (I think we closed down 5 or 6 points). but had to sell another equity and funds wouldn't clear until Friday.
Noticed CEO picked up $45K more of shares AH today.

The fundamentals here are special . This will work out. The trigger unfortunately will probably be when this litigation gets settled and these short attacks stop . Most everyone believes that will be very soon.

Weyland Tech Inc (WEYL) CEO Brent Suen Purchases 23,000 Shares

Posted by Caroline Horne | May 31st, 2018
Weyland Tech Inc (OTCMKTS:WEYL) CEO Brent Suen purchased 23,000 shares of the company’s stock in a transaction dated Wednesday, May 30th. The shares were acquired at an average cost of $1.88 per share, for a total transaction of $43,240.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Brent Suen also recently made the following trade(s):

• On Wednesday, May 16th, Brent Suen purchased 10,000 shares of Weyland Tech stock. The shares were acquired at an average cost of $2.40 per share, for a total transaction of $24,000.00.

 

[brucefan]

DAMS Consulting (@DAMSConsulting)

6/12/18, 10:09 AM $WEYL yesterday a 13D was filed Mr. George Economou now owns 72.4 mil shares of 99.6 mil total, or 72.6% of the company This smells like a run is going to happen in stock soon https://backend.otcmarkets.com/otcapi/company/sec-filings/12806579/content/html

 

[brucefan]

DAMS Consulting (@DAMSConsulting)

6/12/18, 10:09 AM $WEYL yesterday a 13D was filed Mr. George Economou now owns 72.4 mil shares of 99.6 mil total, or 72.6% of the company This smells like a run is going to happen in stock soon https://backend.otcmarkets.com/otcapi/company/sec-filings/12806579/content/html

apologize, ignore that post bad tweet I picked up. 13 d for different stock

 

[Steiner69eR]

Got another 1,000 filled at $1.55 this morning.

 

[brucefan]

Got another 1,000 filled at $1.55 this morning.

Not fair, that's theft PoliceS%^$%

 

[Steiner69eR]

Filled 375 more at $1.43

 

[brucefan]

Paid 1.10 , just silly now

DAMS Consulting (@DAMSConsulting)

6/26/18, 1:36 PM Lets not forget the CEO just bought 33,000 shares at $2.03 and they still keep naked shorting it lower daily. and that was about 2 weeks ago

	DAMS Consulting (@DAMSConsulting)
6/26/18, 1:29 PM attack really picked up stream on March 23rd stock was going up Traded at $5.70 never had a up day again. ( I think the short new then they could not cover and like trapped rat is fighting to survive ) and here we are today

 

[brucefan]

Guess they dont think they are going out of business

Weyland Tech, Inc. Company Update on Insider Purchases



GlobeNewswire•June 27, 2018



NEW YORK, NY. , June 27, 2018 (GLOBE NEWSWIRE) -- Weyland Tech, Inc. (WEYL) ("Weyland" or "Company"), a provider of mobile business applications, announced today that its CEO Brent Suen purchased 28,000 shares of the Company's common stock from the open market at a price average of $1.35.

The purchases are in addition to the recently purchased 33,000 shares at an average price of $2.03.

Additional details regarding the purchase can be found in Mr. Suen's disclosure on Form 4 filed with the Securities and Exchange Commission on May 31, 2018 and today, June 27, 2018.
Furthermore, three members of the Company’s management, Eddie Foong, Matthew Brent and John MacNeil, recently purchased a total of 12,000 shares at an average price of $1.35.
Although the Company’s general policy is not to comment on market rumors or speculation, including market activities, the Company confirms that it has not taken any corporate action that would explain the recent trading activity and is not in possession of any material non-public information that would prompt the trading activity.
Further information about the Company’s eWallet spinoff/dividend initiative will be provided shortly as PwC, legal advisors and management are finalizing the structure.About Weyland Tech Inc.
About Weyland Tech Inc.
Weyland Tech is a global provider of mobile business applications. It's CreateApp platform offers a mobile presence to businesses in emerging markets, with partnerships on 3 continents and growing. This DIY mobile application platform, offered in 14 languages with over 35 integrated modules, enables small and medium sized businesses ("SMB's") to create native mobile applications ("apps") for Apple's iOS and Google Android without technical knowledge or background, empowering SMB's to increase sales, reach more customers and promote their products and services in an easy, affordable and efficient manner.
In May 2018, the Company expanded its portfolio to fintech applications with the launch of its AtozPay mobile payments platform. The mobile wallet launched in the worlds 4th most populous country, Indonesia, and is already experiencing rapid growth in transactions taking place on the platform.
Follow Weyland Tech online at:
Weyland Tech Facebook Page (https://www.facebook.com/weylandtech)
Weyland Tech Twitter Feed (https://twitter.com/weylandtechinc)
Weyland Tech LinkedIn Page (https://linkedin.com/company/weylandtech)
Brent Suen, CEO Public Facebook Page (https://www.facebook.com/BrentSuenWEYL)
Brent Suen, CEO Public Twitter Feed

 

[brucefan]

Shareholder Update on the Company's Recently Announced Spinoff of the eWallet Business



Wed, 11 Jul 2018 18:09 GMT | GlobeNewswire | Symbol: WEYL
New York, NY, July 11, 2018 (GLOBE NEWSWIRE) -- Weyland Tech Inc. (OTCQX: WEYL) ("Weyland " or the "Company"), a provider of mobile business applications, provides a shareholder update on the Company’s recently announced spinoff of the eWallet business:

1. Management has finalized the engagement letter with Pricewaterhouse Coopers (“PwC”) to advise the Company on the spinoff and IPO structure as well as ongoing audit functions for the eWallet business.
2. The eWallet business, operating in a ‘closed Beta’ environment from December 2017 to April 2018, officially launched in May 2018 and is in the process of expanding its sales and marketing team.
3. The Company hereby restates its previous forecast for Gross Transaction Volume (“GTV”) estimates for $30 million in 2018 and $80 million for 2019.
4. The current funding environment in Southeast Asia has produced investment rounds for companies such as Go-Jek, Grab, SEA Ltd., and other technology centric companies valued at 1.2X GTV and higher. We believe that such recent M&A activity and IPOs in Indonesia indicate a potential value of the eWallet businesses as high as 2.4X GTV.
The eWallet business has established relationships with several large technology centric companies in Indonesia, including Go-Jek, to provide payments for their product and service lines and we believe that more will be completed throughout 2018 and 2019. It is notable that Go-Jek has been funded by venture capital funds and strategic investors that include Google, Sequoia Ventures, KKR, Warburg Pincus, Tencent Ltd., and Temasek. The valuations of Go-Jek is in excess of $3 billion, which is a direct result of the underlying dynamics and growth in the Southeast Asia market https://techcrunch.com/2017/05/03/go-jek-tencent-1-2-billion/.
5. A U.S. corporate entity has been formed that will serve, temporarily, as the holding company for the Company’s economic ownership of the eWallet business. Pending ongoing legal and tax advisor opinions, the Company will designate a record date and ex-dividend date for the Spinoff to shareholders of Weyland Tech. It is intended that each of the Company’s shareholders will receive a pro-rata allocation of the spin-out shares in the most effective and tax efficient manner practicable.
6. The Company’s website www.weyland-tech.com effective today, has been revised to include a more robust description of our core business, the eWallet business, our management team and Board of Directors, as well as real time stock quotes and financial information.
About Weyland Tech Inc.
Weyland Tech is a global provider of mobile business applications. It's CreateApp platform offers a mobile presence to businesses in emerging markets, with partnerships on 3 continents and growing. This DIY mobile application platform, offered in 14 languages with over 35 integrated modules, enables small and medium sized businesses ("SMB's") to create native mobile applications ("apps") for Apple's iOS and Google Android without technical knowledge or background, empowering SMB's to increase sales, reach more customers and promote their products and services in an easy, affordable and efficient manner.
In May 2018, the Company expanded its portfolio to fintech applications with the launch of its AtozPay mobile payments platform. The mobile wallet launched in the worlds 4th most populous country, Indonesia, and is already experiencing rapid growth in transactions taking place on the platform.

 

[brucefan]

!important]Power Trader Weyland Tech - Power Trader Buy WEYL - OTC - Target $4.25 Short Covering Driving These Shares Higher This Week Daily Trade Alert ] ​

10 Day Chart This stock surged on short covering and moved much higher . Shorts running for cover and buyers will ride the new wave in on line payments offered exclusively by Weyland Tech . We look for a substantial move in this stock from current levels

http://www.wallstreetresearcher.com/Recent1/WEYL.html

 

[Steiner69eR]

Big day yesterday. Wasn't liquid enough to get in over the last week when we were sitting around $1. Nevertheless, happy with a $1.75 avg here.

 

[brucefan]

Big day yesterday. Wasn't liquid enough to get in over the last week when we were sitting around $1. Nevertheless, happy with a $1.75 avg here.

I believe our friend as brought some people to the table


Follow Jon on Twitter: @jonnajarian
Disclosures as of 7/1318:

Long calls: Activision Blizzard, American Airlines, ArcelorMittal, Autodesk, Delta Air Lines, Diamond Offshore Drilling, Diamondback Energy, JD.com, JetBlue, John Deere, Marathon Oil, Masco,Net Element, Red Hat, Snap Inc., Square, Teva Pharmaceutical, United States Oil Fund, Visa, Weyland Tech, WPX Energy.
Long stock: U.S. Auto Parts

 

[brucefan]

SeeThruEquity Initiates Coverage on Weyland Tech (WEYL) with a Target Price of $5.00






ACCESSWIREJuly 23, 2018 NEW YORK, NY / ACCESSWIRE / July 23, 2018 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced it has initiated coverage on Weyland Tech Inc. (WEYL) with a price target of $5.00.The report is available here: July 2018 Initiation Report.
We initiate coverage of Weyland Tech Inc. (OTCQX: WEYL, ''Weyland'') with a price target of $5.00. Founded in 2014, Weyland is focused on the development of mobile commerce enablement applications for small businesses and consumers, primarily in the Greater Southeast Asia (GSEA) market. The company has two business units: 1) CreateApp, which is a subscription-based, platform-as-a-service (''PAAS'') business that provides mobile commerce solutions for small and medium sized merchants; and 2) AtozPay, which is a mobile wallet that enables consumers and small merchants to process and store payments with their mobile device using a digital account. In May 2018, Weyland CEO Brent Suen announced that the company was investigating the potential spin-out of its mobile wallet segment, AtozPay, which appears to have the potential to create substantial value if it receives market multiples for a pure mobile commerce business in the Indonesian market. We view Weyland as an intriguing special situation in the technology sector, with what appears to be a defensible valuation on its core CreateApp platform business and significant potential for upside if it can execute its plans for rapid growth in its emerging mobile wallet business.
CreateApp mobile platform growing by enabling mobile commerce
The CreateApp mobile commerce platform currently accounts for the majority of Weyland's revenues, which were $15.6mn in 2017 and expected to be greater than $20mn in 2018. The CreateApp unit has grown quickly by targeting the large number of small and medium-sized businesses in Greater Southeast Asia (GSEA) that are seeking to establish a mobile commerce presence without investing significant in-house IT resources. Through direct sales and partner-based white label programs, CreateApp is now available in 14 languages in Asia, parts of Europe and North America. Weyland is expecting significant growth for this segment again this year, with recent strategic partner wins including DPEX in Indonesia, BTG in Thailand, and Augicom/Orange in France.
AtozPay offers exposure to high growth Indonesian e-wallet market
Launched in December 2017, Weyland's AtozPay mobile wallet service recently completed a successful beta phase in Indonesia. From December 2017 to May 2018, AtozPay was able to grow annualized gross transaction volume (GTV) from inception to more than $6mn in May. AtozPay also acquired a provisional license issued by BadanKoordinasiPenanamanModal (BKPM), which allows the company to operate an electronic payments business in Indonesia. AtozPay appears positioned to target the large and extremely fragmented market for mobile wallets in Indonesia, a country of more than 260mn that is saturated with mobile phones but where fewer than 10% of adults have a debit or credit card, according to the World Bank. Weyland is commencing a broader commercial launch of AtozPay, with a goal of reaching $30mn in GTV run-rate by the end of 2018 and $80mn by the end of 2019 as it seeks to establish its initial footprint.
Initiate coverage with a price target of $5.00
We initiate coverage of Weyland with a price target of $5.00. We see the company as an intriguing special situation in the technology sector combining exposure to growth opportunities in both global mobile commerce and mobile payments in Indonesia. If achieved, the target represents a value of 4.4x 2018E gross as-if-consolidated revenues of $33.3mn (comprising $22.5mn from CreateApp and $10.8mn from AtozPay).
Please review important disclosures in the report and on our website at www.seethruequity.com.
About Weyland Tech Inc.

 

[brucefan]

Weyland Tech Inc.-- Update on Irregular Trading Activity





GlobeNewswire•July 25, 2018





EW YORK, NY, July 25, 2018 (GLOBE NEWSWIRE) -- Weyland Tech Inc. (OTCQX: WEYL) ("Weyland " or the "Company"), a provider of mobile business applications, notifies shareholders about potential trading violations and manipulation of it’s shares.

On July 24, trading in the Company’s shares appeared to have a closing price of $1.20, down -1.40 and 53.85%. Upon review of the posted trading activity, it appears that the $1.20 trade occurred at 15:42:01 and was outside the bid/ask, and substantially below market. It was also noticeable from the trading activity that trades occurring subsequent to 15:42:01 occurred between the prices of 2.06 and 2.23, and were not captured by OTCMarkets trade data, thereby making the closing price of Weyland appear as $1.20 for the day.
The company promptly reached out to OTCQX regarding the $1.20 trade and was advised by OTCQX that FINRA had identified the trades after 15:42:01 to be “irregular,” while not identifying the $1.20 trade as “irregular.” The company is working with OTCQX and FINRA to determine the reason for the $1.20 trade not being flagged as “irregular” and being utilized as a valid closing price, while ignoring subsequent trades that were consistent with recent market prices. Further the company is asking that the $1.20 trade be removed from the trading history and the July 24, 2018 close.
The company knows of no reason that shares of the company should have traded to the $1.20 level. The approximate Volume Weighted Average Price (VWAP) for the day, including these trades, was $2.26 and we believe this a more accurate reflection of Weyland’s closing price on the day.
The company intends to pursue any and all remedies for any irregular trading activity intentionally undertaken and/or facilitated by market participants that negatively impacts the company’s share price.
About Weyland Tech Inc.
Weyland Tech is a global provider of mobile business applications. It's CreateApp platform offers a mobile presence to businesses in emerging markets, with partnerships on 3 continents and growing. This DIY mobile application platform, offered in 14 languages with over 35 integrated modules, enables small and medium sized businesses ("SMB's") to create native mobile applications ("apps") for Apple's iOS and Google Android without technical knowledge or background, empowering SMB's to increase sales, reach more customers and promote their products and services in an easy, affordable and efficient manner.
In May 2018, the Company expanded its portfolio to fintech applications with the launch of its AtozPay mobile payments platform. The mobile wallet launched in the worlds 4th most populous country, Indonesia, and is already experiencing rapid growth in transactions taking place on the platform.

 

[Steiner69eR]

Thanks for sharing. Yesterday was quite strange indeed.