When The Shorts Panic - Money Is Made



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Watch these shares closely - The shorts are trapped and the trap is about to be sprung .This company has announced a special dividend to be delivered in physical form with the record date of Sept 28 2018 - Wall Street Electronic Hackers will now be at the mercy of the company and its lawyers . The short squeeze is on . The dividend will not be in the present DTC electronic format but delivered directly by mail to shareholders home or office. Hackers - Manipulators  will not be able to create fake positions covering up their short position .

We are told by a well known trader that there could be a short position of between 2 million to 4 million shares taking 80-90 trading days to cover , if they could buy  100% of each days shares offered for sale ( Avg Daily Trading Vol 40,000 - 30 day ) .

Watch these shares closely for signs of a buying panic - excessive volume - price spike among other signs of upside activity.

10 Day Chart - Live

New York, Sept. 20, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Weyland Tech Inc. (WEYL) (“Weyland” or the “Company”) announced today that it has changed the distribution date for the spin-off of its Weyland AtoZ Pay subsidiary (“WAI”) from October 5, 2018 to November 15, 2018 and has also filed with FINRA the required notice regarding the spin-off. The record date of September 28, 2018 for the spin-off remains unchanged.

The spin-off provides for a pro-rata distribution to the Company’s shareholders of 90% of the outstanding shares of WAI, which, in turn, holds a 49% equity ownership interest in PT Weyland Indonesia Perkasa, a limited liability company organized under the laws of the Republic of Indonesia (“WIP”). WIP’s primary business operations includes a digital financial transactions app serving the rapidly growing Indonesia e-commerce and e-payment markets (“eWallet”).

The Company’s shareholders of record as of the close of trading on September 28, 2018, the record date for the spin-off, will receive one share of common stock of WAI for every five shares of the Company’s common stock held as of the record date. Fractional shares of WAI common stock will not be issued in the distribution.  The Spin-Off is expected to be effective as of the end of the day on November 15, 2018, the new distribution date for the spin-off.

As the Spin-Off will be processed outside of DTCC, the Company will be providing instructions to DTC participants, prior to the record date, regarding the procedures for receiving the distribution for their beneficial owners. Questions from DTC participants or shareholders regarding the spin-off can be directed to spin-off@weyland-tech.com.

Further details regarding WAI and WIP (and its Indonesia eWallet business) will be provided in a Current Report on Form 8-K, which will be filed on the SEC’s EDGAR reporting system prior to the distribution date for the spin-off.

About Weyland Tech Inc.

Weyland Tech is a global provider of mobile business applications. Its 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 world’s 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 (https://www.twitter.com/BrentSuenWEYL)

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