Storm Group Launches bitcoin
Overnight, blockchain has become the hottest topic in A-share market. The frequent trading of concept stocks related to blockchain has caused many listed companies to clarify their relevant business, while some companies disclose the progress of relevant business on the interactive platform, intentionally or unintentionally "rubbing" the concept of blockchain
in the peripheral market, the concept of blockchain is also pursued by capital. Kodak launched its own Kodak coin, an encryption currency provided to photographers. As soon as the news was announced, Kodak's stock soared to $5.02 per share, up 60%. UBI blockchain Internet, another blockchain company, a consulting company headquartered in Hong Kong, China, saw its stock price soar by more than 1000% last year. On January 8, this year, the securities and Exchange Commission of the United States announced the freezing of trading, which lasted from January 8 to January 22
in my opinion, the reason why the storm is declining so fast is that it has not followed the pace of the times in addition, Feng Xin is also responsible for the downfall of the storm
In addition, Feng Xin uses Bi Shijun, who has no experience in investment and merger. Although he is very professional in securities, he is a layman in the operation of the listed company, which is illustrated by the failure of straw bear's M & A. Therefore, in the choice of personnel, Feng Xin also hurt the storm. Although he later hired Jiang Hao, it was too late< br /> on November 10, Shenzhen Stock Exchange delisted the shares of storm group, because the gem does not accept the application for re listing of the company's shares, so after the delisting of storm group's shares, it will be impossible to re list and trade on the gem, At the same time, the shares of storm group company can be listed and transferred in the national small and medium-sized enterprise share transfer system within 45 trading days after the delisting period in April 2016, storm group and 15 other institutions jointly invested in Shanghai Jinxin investment consulting partnership, raising 5.203 billion yuan for cross-border acquisition of MP & amp, an Italian company engaged in sports broadcasting rights; Silva holding S.A. (hereinafter referred to as MPs) has 65% equity. After the completion of the acquisition, the core management of MPS left one after another. As a result, MPs lost the right to broadcast various sports events, and its operation was in difficulty. Finally, the British High Court ruled that MPS was officially bankrupt in October 2018, In September 2019, Feng Xin, CEO of Fengfeng Group, was formally arrested for the acquisition of MPs. Since then, the management of Fengfeng Group has disintegrated in the storm, and the operation of the whole company has basically stopped, Eventually led to the storm group into the delisting process
August 28 Shenzhen Stock Exchange evening news, e to storm Group Co., Ltd. shares suspended from July 8, 2020. The reason is that the 2019 annual report has not been disclosed within two months from the date of the expiration of the statutory disclosure period{ RRRRR}
1. Competition risk of Internet video instry: companies with the same quality of storm business compete with them, and Internet video enterprises are emerging one after another with high competition risk
2. The risk that Internet TV business can not meet the expectation: Internet TV business has reached the bottleneck period, and the demand of Internet TV business is small and the audience is narrow at the present stage, so the Internet business can not meet the requirements
3. The risk of bad debts of accounts receivable. If there are more accounts receivable, the working capital can be used with less capital and great risk
in addition, e to the default of payment for goods from the partner, such as the default of hosting fees for the server in the partner's computer room, the credit of storm technology has declined, and as of June 2020, there are only more than 10 employees in the company
at present, all kinds of signs on the surface of storm group show that the development prospect of storm group is limited, brain drain, credit rection, and the prospect is worrying
Yes storm group will officially delist in Shenzhen Stock Exchange from November 10 as of the close of November 9, storm group reported 0.28 yuan / share, down 3.45%, with a market value of only 92.2669 million yuan
dating back to March 2015 when it was listed on the gem, storm group had harvested 37 trading boards in just 40 trading days, breaking the record of A-share trading, which was once known as demon stock. At the end of May 2015, it reached a high of 327.01 yuan / share, with a market value of over 40 billion yuan
some investors once hoped that external capital could support storm group out of the predicament. However, with the imprisonment of Feng Xin, the real controller, storm group "fell into pieces", leaving only a shell of the listed company. So far, the situation of the company has not improved for more than a year
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"demon stock" double loss ending lesson is profound
the market's speculation on storm group has not escaped the fate of "the higher the speculation, the worse the fall". Storm group still leaves a chicken feather in the market. After setting a high price of 327.01 yuan, the stock price of storm group fell back and went down wave by wave, eventually forming a trend of "a river of spring water flowing eastward". By the end of November 9, the stock price was only 0.28 yuan
In fact, the answer given by reality is to rece shareholders' holdings, which is also the purpose of many enterprises going public. Often, once the ban on restricted shares is lifted, shareholders rece their holdings one after another, and some executives even resign to cash out, leaving an empty shell in the market. Storm group is such a typical example. As of the end of last year, in addition to Feng Xin, the actual controller, who had not yet had time to rece his shares on a large scale, almost all the original shareholders and senior executives of the company had finished recing their shares, and all the senior executives had resigned, leaving only more than 10 employees in the whole companyif there is no speculation at the beginning of listing, investors will pay a much smaller price. The risk that speculation brings to the market is reflected in storm group. And this delisting, I hope investors can take a cut, gain wisdom, away from this kind of "demon stock" speculation
The development of anything is not accidental. I believe everyone has heard or used windstorm video. At the most glorious time, the download volume of windstorm video is comparable to that of wechat. It's almost a necessary software for computers. How did windstorm video come to the present stage of pledge equity financing
Feng Xin is a relatively calm person. He has not put the listing of Fengfeng on the agenda. Finally, he is ready to give it a try after seeing Huayi Brothers' soaring price after listing. In 2011, Feng Xin announced that storm video would be listed in that year. Unfortunately, storm did not catch up with a good time, because from the second half of 2011, the approval window of domestic A-share listing suddenly tightened. From 2011 to 2013, China Securities Regulatory Commission also stopped the audit of A-share IPO (initial public offering), so Fengfeng's listing plan can only be suspended temporarily{ RRRRR}
it can be seen that Feng Xin is not the only one who can make it through. After years of setbacks, the storm finally collapsed
According to relevant news reports, Tomorrow storm video will be delisted, and the former storm video company will come to an end and become an important history. From the establishment of windstorm video to now, e to poor management, windstorm video is facing delisting. Windstorm video is coming step by step, providing us with good video services
when the Internet began to develop, our computer software market lacked a large number of audio-visual software. In the software market at that time, most of the software we could see were the software of some foreign companies. Although foreign software could meet our usual needs, there were great differences between some of our cultures and foreign cultures, Because of this, we urgently need an audio-visual software that can meet our own needs{ RRRRR}
now, although storm video software is about to say goodbye to us, the entertainment it brings us is worth praising. At the same time, we also hope it can succeed in more fields