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  1. #201  
    RX Senior brucefan's Avatar
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    When The Shorts Panic - Money Is MadeWEYLAND TECH INC -WEYL OTCQBWeyland Tech Announces Further Update Regarding Status of Its Spin-Off of Weyland AtoZ Pay - Spin-Off Instructions Have Been Delivered to Banks/Brokers by DTCImportant Info Attached - Read Below - Updated Oct 28, 2018 -$2.20 Breakout - Target $5.20For TEXT ALERTS On This Company TEXT WEYL - Send To 522-36 or Complete This Form
    Large clearing brokerages demand shorts cover NOW !

    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 Oct 12 , 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 traded 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 significant upside activity.

    Target $5.20 See ThruEquity Research Report

    10 Day Chart - Live




    Weyland Tech Provides Update Regarding Its Spin-Off of Weyland AtoZ Pay

    Deadline for Submitting Beneficial Owner Lists Extended to November 2nd; Further Clarifications Provided
    New York -(NewMediaWire) - October 25, 2018 - Weyland Tech Inc. (OTCQX: WEYL) (“Weyland” or the “Company”) announced today that the deadline for DTC Participants to submit their beneficial owner lists to the Company has been extended until November 2, 2018, as approximately 73% of the DTC Participants have still not submitted their beneficial owner lists.
    The Company also continues to receive certain repetitive questions from DTC Participants regarding aspects of the spin-off procedure. While some of these questions are already addressed in the Spin-Off Processing Instructions, the Company nevertheless thought it would be helpful to participants if we provided a short Q & A segment in an attempt to put some of these questions to rest.
    What is the threshold for rounding-up a shareholder’s entitlement to the spin-off shares?
    The beneficial owner round-up threshold will be .5 and above.The spin-off entitlement calculation is made by dividing a shareholder’s position in WEYL by 5. If that calculation results in a decimal/remainder that is .5 or above, the spin-off entitlement will be rounded up. If the decimal/remainder is less than .5, the spin-off entitlement will be rounded down. The table below provides an example of this rounding procedure in the event the spin-off entitlement calculation results in a fractional share:

    WEYL Shares Held Spin-Off Entitlement Physical Shares Received
    100 20 20
    101 20.2 20
    102 20.4 20
    103 20.6 21
    104 20.8 21
    105 21 21
    Can a DTC Participant receive one certificate, in its name, on behalf of all of its beneficial owners?
    No. All participants must submit their beneficial owner lists in accordance with Spin-Off Processing Instructions and the certificates for spin-off shares will be issued as specified in the instructions.

    Can a DTC Participant receive one certificate, in its name, on behalf of all of its objecting beneficial owners (OBOs)?
    No. Participants must list each OBO position on its beneficial owner list (i.e., OBO #1 – 5,000 shares, OBO #2 – 2,500 shares, etc.) and separate certificates will be issued in the participant’s name for each OBO position and delivered to the participant.

    Can certificates for spin-off shares issued in the name of a non-objecting beneficial owner (NOBO) be delivered directly to the NOBO’s bank/broker if such delivery is requested by the NOBO?
    Yes, as long as the NOBO has made a request to their bank/broker that the certificate for their spin-off shares be delivered to their bank/broker in lieu of their account address.

    What happens if a DTC Participant elects not submit their beneficial owner list.
    Their clients will be unable to receive their entitlement to the spin-off shares.

    Does the Bank/Broker Beneficial Owner List Transmittal Form require a medallion stamp?
    No.

    As a reminder to shareholders and banks/brokers, the updated relevant dates for the spin-off are as follows:
    Record Date: October 12, 2018
    Bank/Broker Deadline for Submission of Beneficial Owner Lists: November 2, 2018
    Distribution Date:November 30, 2018

    If any banks/brokers have not yet received the Company’s spin-off processing instructions through the DTC Important Notice # (9903-18) posted through CA WEB, they can also receive the spin-off processing instructions by making a request by email directly to the Company. The contact details for such requests, and any other inquiries from banks/brokers or shareholders regarding the spin-off, are as follows:
    Email: spin-off@weyland-tech.com
    Tel: 347.566.4334

    As a reminder to shareholders, the Company has made available in the “Investor” section of its website a “Shareholder Transmittal Letter” which will provide shareholders the opportunity to independently document their position in WEYL common stock, as of the spin-off record date, while the Company awaits receipt of the required beneficial owner lists from the banks/brokers. The Company urges all shareholders who hold their shares of WEYL in “Street Name” (i.e., through accounts at banks/brokers) to download the Shareholder Transmittal Letter, complete the requested information, and return the completed and signed letter directly to the Company by email to spin-off@weyland-tech.com. Please do not mailyour completed Shareholder Transmittal Letter to the Company. If you are a registered shareholder who holds shares in certificate or book entry form directly from the Company, you need notcomplete the Shareholder Transmittal Letter.
    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 worlds 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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  2. #202  
    RX Senior brucefan's Avatar
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    Weyland Tech Inc. Provides a Shareholder Update on the Company's Recently Announced Spin-Off of the eWallet Business and Discussion About the Company's Core Business



    GlobeNewswire•November 8, 2018




    New York, Nov. 08, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Weyland Tech Inc. (WEYL) (“Weyland” or the “Company”) announced today that the distribution of its direct holdings in Weyland AtoZPay Indonesia (“WAI”) will be completed with a distribution of WAI shares on November 30, 2018 as previously announced.

    AtoZPay was at no time consolidated into Company financial statements, and hence the distribution will have no effect on the Company's core business.
    Post distribution the company retains an option for 31% of AtoZPay which can be acquired by the Company at its discretion for nominal exercise price.
    CEO Brent Suen explained, "We believe the spin-off best served existing and future shareholders. As an independent company, AtoZPay will be free to enter the capital markets to unlock value for its shareholders. At the same time we continue to be supportive of AtoZPay as Weyland's option can generate tremendous value for our shareholders.
    With the successful spin out of AtoZPay we are continuing to develop similar opportunities in other markets such as Myanmar, with a population of 53 million people and a median age of 28 years old. Additionally, the smartphone penetration rate is estimated at 70% while the ‘unbanked’ (people without bank accounts) population stands at around 70% as well – we firmly believe that an opportunity exists for a similar market entry of an eWallet like AtoZPay to become a viable product. We expect to follow a similar path of sponsoring local partners, funding initial traction and potentially spinning out independent entities while retaining ownership stakes for Weyland shareholders to take advantage of future growth.
    Along with this strategy, with the conclusion of the AtoZPay spinoff we will focus on our rapidly expanding core business."
    The Company also intends to provide an update showing improved guidance on its core business following the release of its September 30, 2018 10Q in the coming days.
    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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  3. #203  
    RX Senior Steiner69eR's Avatar
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  4. #204  
    RX Senior brucefan's Avatar
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    What they do goes on every minute, of every single day, in the market. Stupid not to have noted a disclaimer though
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  5. #205  
    RX Senior brucefan's Avatar
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    FORM 10-Q

    [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


    For the quarterly period ended September 30, 2018

    http://app.quotemedia.com/data/downloadFiling?webmasterId=103047&ref=12552721&type=HTML&symbol=WEYL&companyName=Weyland+Tech+Inc.&formType=10-Q&formDe
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  6. #206  
    RX Senior Steiner69eR's Avatar
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    Quote Originally Posted by brucefan View Post
    FORM 10-Q

    [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


    For the quarterly period ended September 30, 2018

    http://app.quotemedia.com/data/downloadFiling?webmasterId=103047&ref=12552721&type=HTML&symbol=WEYL&companyName=Weyland+Tech+Inc.&formType=10-Q&formDe
    Thanks for sharing.

    What's the deal w/the 5 million free shares handed out? Worried about dilution?
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  7. #207  
    RX Senior brucefan's Avatar
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    I am not, but the answer to that we should know for sure in the next few months . Things should really start to move now as we get close to the spin off happening .
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