WETH Wetouch Technology Inc

$WETH Deal closed, new era for WETH has begun. Common should be mostly aligned with insiders now. With all the dividend talk they've been doing lately, don't be surprised if we see big news on that front before year end.

$WETH the only thing better than the divy coming tomorrow ( wehope) is if the pps can go up at least to $ 1.25

$WETH CAI can benefit financially in various ways even if the share price does not rise immediately: dividends, control of the company, a future sale, a take-private deal, acquisitions, corporate transactions or simply the economic value of its 70 per cent stake. Therefore, to say that its sole incentive is to drive the share price up to $8–9 is an oversimplification.

$WETH the true float per dtc is 8 mill shares with 5 mill shares held by the China guys who voted for the deal.These guys will buy the last 3 mill shares from us and get the market maker short.They will announce robot news and stock will go higher.I am patient and beleive stock worth around 4 Cai thinks 8 or 9.I beieve the investors were offered 2.75 didnt wsnt to do it do sveraged down.This is my opinion.

$WETH looks like the deal closed finally so now their goal will be to get stock higher probably with news.

$WETH this stock has such a small volume. Cai with friends control most shares which means real float is much lower than 12 or q6 millions. With series of pumps people will come. Traders will join.

$WETH the 10q at end of sept 30 should show 170 mill cash minus any inventory the build which I don’t know.We will see if that’s the case.Everyone should sell this if they don’t believe company will pay more dividends or do a buyback or have robot assembling news.Have any of you spoke to mgmt with an interpretor.

$WETH about 240% dilution lowers constant EPS about 70%. There can't be many real shareholders in this. Because they would have voted against dilution. Which seems a tell on mistrust.

$WETH This is becoming a corporate governance issue, not an operating-performance issue. A profitable Chinese company with substantial cash should not be trading near historic lows while minority shareholders are diluted and control is concentrated. This damages not only WETH shareholders, but the credibility of Chinese companies in international capital markets.

$WETH this stock is driving us crazy Press releases are always great amd numbers are stunning but management looks they don’t know how to drive shareholders value… Unbelievable

$WETH Our company did receIve dividend correctly. Now it is time to act for the company or mgm to buyback shares. it is the only way for Mr Cai to have a company valued as peers.

$WETH I'm clearly spoiled...profitable company, growing revenue 40% per year with a cash pile multiples of the marketcap and I had to force myself to buy 1,000 shares...*sigh*

$WETH seems like cash could have been a china lie and and the massive dilution may not have been at almost 90% below cash value, so the new cash seems like it could just be fake. lucky to keep up a bid with no money to back any share buy back programs.

$WETH mighty weak in 'we love China' week. big boss must have done something wrong. Cancel the big dilution offering at almost 90% discount to aleged cash per share and right the ship! Everyone knows you control the vote counting now.

$WETH a hint to Chinese stock owners - to make the stock grow you need to show transparency, show that company won't get bankrupted next quarter. You can also introduce regular dividends. Then the stock will rerate and you can sell your shares with profit and volume will be enough. Not that hard to do when you have majority votes, huh?

$WETH Obviously super sketchy transaction giving 70% ownership to the director, but it wouldn't surprise me now if they do establish a nice annual dividend policy and potential re-rating of this stock. The only reason they might have to continue to try and tank the stock price would be a take-private, but that's a risky gambit for them, better to just gobble up dividends and start treating it like a real company now.

$WETH added ~8k shares today, unless the new money ($38M) is as suspect as the old money ($120M) expect to do okay over the coming year. Even lowered my average cost a couple/few cents.

$WETH I never actually wanted a $0.04 special dividend--it was basically an insult. But WTF--stealing the dividend back from my account? That feels like they added injury to the insult!

$WETH I guess it will be a victory here if we get dividend back and pps stays above a $1.X . Trying to stay bullish

$WETH reversed dividend , oh boy ! How did i find this pos ! Hopefully just a clerical error .