Aug. 18 at 1:12 AM
$NGTF This company is making serious moves, and yet it seems to go over so many current shareholders’ heads! Y’all know that they are trying to buy a 51 percent controlling interest in Jiun Jiang Enterprise of Taiwan, right? That’s not a small company, and the fact that they are leveraging the CHIPS Act to do it is no small feat, let alone the fact that the company already has manufacturing agreements with them. One huge requirement of the deal with Jiun Jiang Enterprise is that NGTF must be listed on a major exchange like NASDAQ or NYSE. Well, NGTF just got a new Chief Financial Officer, and appointed 2 new directors- a lawyer with a Real Estate license, and a CPA. With their announcement a couple of weeks ago regarding an approval to do a reverse split, that shows that if the conditions are right and the terms are good, they will do the reverse split, then get listed on NASDAQ, and then acquire 51 percent of Jiun Jian Enterprise, fulfilling their goals.