Tianci Worldwide, Inc. (OTC:CIIT) Might See a Brief Squeeze Quickly
A brief squeeze is a speedy improve within the worth of a inventory that happens when there’s a lack of provide and an extra of demand for the inventory. Brief squeezes end result when brief sellers cowl their positions on a inventory, leading to shopping for quantity that drives the inventory worth up.
Shorts have been making up a big a part of the buying and selling in CIIT however the firm has only a few free buying and selling shares, https://www.otcshortreport.com/company/CIIT
Including strain the the market is the truth that some very fascinating particulars concerning the firm have come to mild during the last week.
Tianci Worldwide, Inc. (OTC:CIIT) Take-Over Goal Makes the Reduce as Digital Asset Trade in Malaysia – Reside Buying and selling Information http://bit.ly/2F9bI6f by way of @livetradingnews
October 29, 2018, the Board of Administrators of Tianci Worldwide, Inc.,
a Nevada company (“we” or “us”), accepted the acquisition of all of
the issued and excellent securities of Ezytronic Sdn. Bhd., a
company organized beneath the legal guidelines of Malaysia (“EZY”) and engaged in
the enterprise of reselling pc gear and equipment, in a share
trade transaction for a consideration to be mutually decided by
the events based mostly upon an excellent religion valuation of the Firm and EZY.
The acquisition can be made in accordance with the phrases of a
nonbinding time period sheet (“Time period Sheet”).
Seven Hundred Thousand (700,000) abnormal shares of EZY, representing 70% of the issued and excellent securities of EZY, are held by Mr. Tan Poh Hee, the father-in-law of Ms. Chuah Su Mei, our Chief Government Officer and Director. Three Hundred Thousand (300,000) bizarre shares of EZY, representing 30% of the issued and excellent securities of EZY, are held by Mr. Jerry Ooi Jau Lengthy, our unbiased director.
About EzytronicPress Launch | 03/11/2019
DESCRIPTION OF BUSINESS OF EZYTRONIC SDN. BHD.
Sdn. Bhd. (ESB) was included in Malaysia underneath the Corporations Act,
1965 with the identify EZYTRONIC SDN. BHD. on 20 November, 2007.
ESB is principally engaged in wholesale of computer systems, pc associated merchandise and provision of associated providers.
Since inception, ESB has grown to be an award-winning institution with income in extra of RM 20 million.
the years, ESB has advanced from a easy buying and selling firm to the
provision of refined and extremely revolutionary IT and web-based
service and answer supplier. ESBs core providers embrace, amongst
others, cloud-based answer, storage Answer, virtualisation and
ESB is a Platinum Companion of Dell Malaysia and for
2 years operating, in 2014 and 2015, ESB was the number one ranked Shopper
Answer Associate of Dell within the Small Medium Enterprise phase. In
addition to Dell, ESB can also be a associate/reseller for Microsoft, Adobe,
Bitdefender, vmware, StorageCraft and APC.
Additionally in 2015, ESBs
place within the industry was duly recognised and it was awarded the
SME100 Quick Shifting Enterprise Award, a prestigious annual recognition
program organised by the SME Journal. For this award, ESB was chosen
from amongst greater than 5,000 companies in every nation within the area.
2017, one among ESBs most revolutionary and profitable merchandise, SalesMaxx
was a winner of the a lot coveted Worldwide Revolutionary Award. This
award was conferred by Enterprise Asia, a non-governmental organisation
for entrepreneurship, and chosen from among the many collaborating
corporations all through the Asian area.
Merchandise and Providers
is, at first, a service supplier of IT options to
companies that comes within the type of web-based and cellular purposes.
The main target is on shoppers ease of thoughts with services which are
of the very best high quality and reliability. As such, ESB types partnerships
with solely the most effective and makes use of third get together merchandise from the likes of
DELL, Microsoft, Adobe, vmware, StorageCraft and APC.
top-ranked Shopper and Enterprise Answer Supplier, ESB supplies Complete
Options to small, medium and enormous enterprises, with a complete
vary of recent IT services, incorporating the newest
know-how and information. ESBs core providers are Cloud-based options,
Storage Options, Virtualisation and Infrastructure.
key success issue of ESB, along with the supply of complete
enterprise IT options, is its concentrate on end-to-end upkeep and
help, with a staff of well-trained software program engineers and technicians.
The staff is educated to be educated of and perceive the shoppers,
and to offer speedy response to such shoppers. To this finish, ESB has
developed upkeep service packages tailor-made to the shoppers
necessities, EzyPRO and EzyAMC. By means of EzyPRO and EzyAMC, shoppers are
assured of minimal downtime within the occasion of system or hardware failure.
additionally present in-house prolonged guarantee to shoppers to help these
shoppers to defray unexpected excessive prices of repairs and replacements.
Cellular and Browser Purposes
ESB has an in-house analysis and improvement staff for cellular and browser purposes.
was designed and developed by ESB with gross sales administrators, managers and
salesmen in thoughts. It’s a cloud-based software that may be operated
as a cellular or browser software. The appliance is designed to
enhance considerably any gross sales groups effectivity and effectiveness.
its success, SalesMaxx was awarded the Worldwide Progressive Award
in 2017, a extremely acclaimed recognition organised by a non-governmental
organisation, Enterprise Asia.
Gross sales and Advertising
Model Consciousness. ESB
creates consciousness of the corporate, and services immediately
via a number of platforms: cellular purposes, social media platforms,
nose to nose promotion, occasions, and cross collaborations with enterprise
- Cellular Purposes: Shoppers entry ESBs
merchandise by way of its collaboration with a number of platform companions.
Retailers promote their merchandise via the identical platform.
- Social Media Platforms:
ESB promote its choices and ecosystem on numerous social media
platforms together with Fb, Instagram, WhatsApp, Telegram and e mail
- Face-to-Face: Potential customers are knowledgeable by way of phrase of mouth.
- Enterprise Companions: ESB constantly seeks companies for model partnerships to cross-promote our model, services.
Acquisition of corporations with installed-base customers are a part of its marketing strategy.
Logistic for Merchandise Gross sales. ESB
distributes its merchandise by way of a hybrid mannequin of Simply-in-Time (JIT)
stock warehousing and drop delivery. Clients can select to gather
merchandise over-the-counter or organize for direct cargo. Stock
from suppliers are pre-ordered based mostly upon receipt of gross sales proceeds and
organized for delivery on to clients or ship to its premises for
over-the-counter assortment. Value of product are borne by ESB upon
cargo by suppliers. All clients queries are dealt with by ESB.
Markets & Area
ESB operates primarily in Malaysia. There are not any fast plans to broaden past Malaysia.
Technique for progress
achieved recognition as a most popular supplier to the small medium
enterprises, ESBs quick plan is to embark on a technique to be amongst
the primary gamers in all the industry. It will essentially contain
the next features of the enterprise:
intends to additional increase its present workforce and to offer excessive degree
coaching, each in-house and exterior, and keep a group of extremely
competent technical personnel with information and experience of the newest
the forefront of the IT enterprise answer industry, ESB believes that IT
is the spine of all trendy companies, from a easy e-mail to extra
superior networking and complicated Enterprise Useful resource Planning
techniques, and globalisation by way of using the web. Subsequently, in
addition to offering high quality and dependable services,
upkeep and help of such methods and making certain minimal downtime,
will probably be a really crucial facet of any enterprise. Give attention to this facet has
been a profitable function of the companys progress. ESB will proceed to
make this a precedence in its enterprise and branding technique.
Analysis and Improvement
answer service suppliers, like ESB, sources most of their hardware
and software program from exterior events, rigorously designing, integrating and
implementing a whole system of hardware and software program that meets the
many various enterprise necessities of shoppers from many various
industries, has all the time been the best problem, and are what units
the gamers aside. On this facet, ESB has been extremely profitable with
its previous and current clientele. ESB has been capable of persistently
present methods which might be environment friendly, efficient and safe with its extremely
competent technical experience and its concentrate on analysis and
improvement. Analysis and improvement continues to be its core technique
to be an industry-wide answer supplier.
efficiently developed and marketed the award profitable software,
SalesMaxx, ESB has began integrating sure areas of its technical
experience and analysis and improvement to develop extra purposes
primarily with its shoppers in thoughts. Cellular and browser software program and
purposes are anticipated to type a big a part of its core
companies within the brief to medium time period technique.
ESBs main operations is in Malaysia. There are not any quick plans to broaden past Malaysia.
the twelve months ended December 31, 2017 and 2016, ESBs main distributors
that contributed greater than 10% to its purchases are as comply with:
Innovix Distribution Sdn. Bhd.
M-Hyperlink System (M) Sdn. Bhd.
Afiintra Applied sciences Sdn. Bhd.
Ingram Micro Malaysia Sdn. Bhd.
ECS Astar Sdn. Bhd.
had 4 main distributors that contributed greater than 10% through the twelve
months ended December 31, 2017 and one main vendor that contributed
greater than 10% in the course of the twelve months ended December 31, 2016, to its
purchases. Purchases are recorded on accrual foundation. ESB maintains
minimal inventory for product change/return whereas stock is operating on
Simply-In-Time (JIT) or dropship foundation. ESB believes that its publicity to
stock obsolescence, warehousing and logistical value is minimal.
INTELLECTUAL PROPERTY AND PATENTS
expects to depend on patents, commerce secrets and techniques, copyrights, know-how,
logos, license agreements and contractual provisions to determine
its mental property rights and shield its EZY model and providers.
These authorized means, nevertheless, afford solely restricted safety and should not
adequately shield its rights. Litigation could also be vital sooner or later
to implement its mental property rights, shield its commerce secrets and techniques
or decide the validity and scope of the proprietary rights of others.
Litigation might end in substantial prices and diversion of assets
and administration consideration. Any unauthorized disclosure or use of its
mental property might make it costlier to do enterprise and
hurt the working outcomes.
The legal guidelines of Malaysia might not shield
ESBs model and providers and mental property to the identical extent as
U.S. legal guidelines, if in any respect. Additional, corporations within the web, social media
know-how and different industries might personal giant numbers of patents,
copyrights and logos and should steadily request license agreements,
threaten litigation or file go well with towards ESB based mostly on allegations of
infringement or different violations of mental property rights.
intends to hunt the widest potential safety for vital product
and course of developments in its market by way of a mixture of commerce
secrets and techniques, logos, copyrights and patents, if relevant. It
anticipates that the type of safety will range relying upon the
degree of safety afforded by the actual jurisdiction. ESB expects
that its income might be derived principally from its operations in
Malaysia the place mental property safety could also be extra restricted and
troublesome to implement. In such situations, ESB might search safety of its
mental property by means of measures taken to extend the
confidentiality of its findings.
ESB intends to register
logos as a way of defending the model names of the corporate and
merchandise. ESB will shield its logos towards infringement and in addition
search to register design safety the place applicable.
depend on commerce secrets and techniques and unpatentable know-how that it seeks to
shield, partially, by confidentiality agreements. The place relevant, it
would require its staff to execute confidentiality agreements upon
the graduation of employment. These agreements will present that each one
confidential info developed or made recognized to the person
in the course of the course of the person’s relationship with the corporate is
to be stored confidential and never disclosed to 3rd events besides in
particular restricted circumstances. The agreements may even present that
all innovations conceived by the person whereas rendering providers to
the corporate shall be assigned to the corporate because the unique property
of the corporate. There might be no assurance, nevertheless, that each one individuals
will signal such agreements, or in the event that they do, that these agreements won’t
be breached, that it might have sufficient cures for any breach, or
that its commerce secrets and techniques or unpatentable know-how won’t in any other case
turn into recognized or be independently developed by rivals.
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