Dec. 6 at 5:37 PM
$PAVS
Wrong. Chinese company incorporated in the Cayman Islands, in order to take advantage of lax auditing regulations and freedom from typical SEC scrutiny. Using a U.S. phantom address to create the illusion of being American.
Many of these Chinese NASDAQ scam companies are starting to open these shell offices here in the states. SOS and
$CTNT are a couple other examples.
https://markets.businessinsider.com/news/stocks/china-stocks-warning-gary-gensler-investing-risks-chinese-regulation-2021-8