WIMI Wimi Hologram Cloud Inc - ADR

$WIMI scam and heading to yet another r/s. The same crap as $HOLO and $MLGO . Stay away from those crap stocks

$WIMI is down ~44% this month. Market cap: ~$14M. Yet its latest 6-K reports $460M in cash + short-term investments. 460M$!! China/VIE, governance & asset quality deserve a discount. But 97%?! What if the market is massively mispricing the value hidden in $WIMI’s balance sheet?

$WIMI new lows every day... there was a hope that they have something cool to offer .... but it was long time again... now it's clear what scam this is... hand in hand with $MLGO both heading to r/s with nothing but pr's filled with hyped bs.... nobody believe them any longer... if you haven't put money in yet, do not do that...

$WIMI Need $3 for breakeven even after averaging down x number of times. They've publically claimed and attested to a NAV of approx. USD$339 M including USD$274 M in Cash , there was absolutely no need whatsoever for a $40M Convertible Share somewhat toxic dilutive offering, that's insulting and unethical, maybe criminal. Hiding behind the Chinese flag using cover to rape and pillage outside Investors is disgusting lest illegal and immoral, but what do they seem to care? Don't think they'd do this to their own families....but they don't give a rats arse about raping others.

$WIMI Seems $26 million notes still to be converted in to shares, at 70% discount price of share within last 60 days lowest share price. means if share price go down , note holder makes millions. and number of outstanding shares will increase many times. be ready for RS This is death spiral loan from note holder. if wimi has so much cash on hand , why did they bought notes, buy facored them for such transactions.

$WIMI was almost scared that it could finally start running .... but new atl low keeps showing up every day so I guess the worry was premature .. this goes straight to the hell ;-)

$WIMI Scam fake company. Please do your DD before losing money on this highly sophisticated chinese/cayman Island scam

$WIMI According to latest 6K, Book value per share is approx $16 per share. undervalued. but we all know its chinese and took American Money.

$WIMI Why is WiMi using such a shareholder-unfriendly financing method, even though the company reports substantial cash reserves and securities holdings? Because they are fraudulent assholes!

$WIMI is a casino — just like pretty much everything else here. But if that cash is real and gets validated somehow, say through another acquisition, this could turn around very fast. High risk, but definitely an interesting setup.

$WIMI This has been steadily descending into the abyss, proving to be a unmitigated disaster. Thought Management would be fair and equitable to Outside Shareholders. Boy was that a mistake. Being good stewards of capital and not wrecklessly diluting Retail Shareholders using highly discounted destructive convertible notes ($40M) when the company is supposedly already flush with cash (unless the Books Are Cooked) What's in their playbook is no revenue based empty press releases on abstact Quantum postulating, nothing revenue driving... this is all just to divert to the shiny object... and basically erode shareprice and steal retail shareholders futures by essentially wiping them out.

$WIMI Here is why MLGO represents the real "weak link" in the chain: Balance Sheet Write-downs (Mark-to-Market): WiMi holds over 67% of MLGO. When MLGO's stock price collapses on Wall Street, WiMi is forced to record a accounting write-down (fair value loss) on its balance sheet. The loss of over 180 million RMB in WiMi's latest half-year results stemmed almost entirely from the drop in valuation of these holdings. Liquidity Drain: To support MLGO's operations and tech projects, WiMi and its ecosystem continue to deploy resources, provide guarantees, or plan financial engineering moves (like the proposed merger with CHR). This diverts capital that could otherwise be used to create direct value for WiMi shareholders (such as buybacks or dividends). Dependence on the Micro-cap Market: MLGO suffers from extreme volatility, a low float, and frequent share dilutions. By tying its accounting profitability to MLGO's performance.

$WIMI The outcome should be interesting. WIMI actually only has a small cash reserve, since what they report is a consolidated tally with MLGO's huge stockpile.

$WIMI What are the expectations regarding the bond conversion? Will WIMI’s stock rise? Tesla’s stock surged multiple times over after its conversion.$

$WIMI Here is our interpretation of the dilution risk at various share price points for the convertible debt. We assume the conversion price all comes down to how important the four bond holders are in the decision-making and/or what has already been agreed to in terms of ownership positions.

$WIMI unbelievable… WiMi explicitly points out that its short-term securities investments could potentially exceed the 40% threshold set by the U.S. Investment Company Act of 1940. Should this result in WiMi being classified as an "investment company" for regulatory purposes, the company states it could face risks including restrictions on the issuance of securities, SEC enforcement actions, and—in an extreme scenario—even delisting from the Nasdaq. WiMi states that it is actively monitoring its asset allocation to prevent this from happening.

$WIMI Figures were released today—they do not convince me. It boils down to dilution once again.

$WIMI explores quantum encoding circuit optimization via reinforcement learning to improve QML efficiency.