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Landbay Inc (PK)

Landbay Inc (PK) (LNBY)

1.60
-0.20
(-11.11%)
Closed 06 July 6:00AM

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Key stats and details

Current Price
1.60
Bid
1.04
Offer
2.05
Volume
250
1.60 Day's Range 1.952
0.251 52 Week Range 2.60
Market Cap
Previous Close
1.80
Open
1.952
Last Trade
100
@
1.6
Last Trade Time
Financial Volume
US$ 444
VWAP
1.776
Average Volume (3m)
1,105
Shares Outstanding
30,000,000
Dividend Yield
-
PE Ratio
-1,230.77
Earnings Per Share (EPS)
-0
Revenue
18k
Net Profit
-38k

About Landbay Inc (PK)

We market and retail modern residential and commercial furniture in Great New York Region. Our products feature urban and contemporary styles, combining comfort and functionality in matching furniture collections and upscale luxury pieces appealing to lifestyle-conscious middle-income consumers. Our... We market and retail modern residential and commercial furniture in Great New York Region. Our products feature urban and contemporary styles, combining comfort and functionality in matching furniture collections and upscale luxury pieces appealing to lifestyle-conscious middle-income consumers. Our furniture brands come from different countries including Italy, China, Vietnam, Malaysia and so forth, and our products feature upholstered, wood and metal-based furniture pieces. We classify our products by room, designation or series, such as living room, dining room, bedroom and home office series, and by category or product types such as sofas, chairs, dining tables, beds, entertainment consoles, cabinets and cupboards.We market and retail modern residential and commercial furniture in Great New York Region. Our products feature urban and contemporary styles, combining comfort and functionality in matching furniture collections and upscale luxury pieces appealing to lifestyle-conscious middle-income consumers. Our furniture brands come from different countries including Italy, China, Vietnam, Malaysia and so forth, and our products feature upholstered, wood and metal-based furniture pieces. We classify our products by room, designation or series, such as living room, dining room, bedroom and home office series, and by category or product types such as sofas, chairs, dining tables, beds, entertainment consoles, cabinets and cupboards. Show more

Sector
Silver Ores
Industry
Silver Ores
Headquarters
New York, New York, USA
Founded
1970
Landbay Inc (PK) is listed in the Silver Ores sector of the OTCMarkets with ticker LNBY. The last closing price for Landbay (PK) was US$1.80. Over the last year, Landbay (PK) shares have traded in a share price range of US$ 0.251 to US$ 2.60.

Landbay (PK) currently has 30,000,000 shares in issue. The market capitalisation of Landbay (PK) is US$54 million. Landbay (PK) has a price to earnings ratio (PE ratio) of -1230.77.

LNBY Latest News

Period †ChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.25-13.51351351351.8521.62001.9CS
4-0.4-2022.60.9995821.76797423CS
121.25357.1428571430.352.60.25111051.02653571CS
261.21310.2564102560.392.60.25110770.96086206CS
520.88005122.2376553930.719952.60.2519970.9006916CS
1561166.6666666670.62.60.159915490.68159269CS
2601.5695061.290322580.0312.60.03117310.64906873CS

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LNBY Discussion

View Posts
hb90 hb90 1 month ago
L2, you're looking gorgeous, Darlin
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hb90 hb90 1 month ago
LNBY with new ownership and board members it will be interesting to see which direction they choose. Only a 30 mil o/s and 330k unrestricted shares! Holy cow!
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hb90 hb90 2 months ago
LNBY filing out today

https://www.otcmarkets.com/filing/html?id=17528263&guid=zBQ-kHlLxdifJth
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Big Brother Big Brother 3 years ago
Yeah, odd one, have not had time to do a lot of research yet, however, seems like one that could potentially be used in a merger or acquisition. I know Henry Pang assists Chinese companies with going public in the US, this would seem to be a very good vehicle for that, especially now that it's finally trading after 5 years since the S1.

On July 24, 2019, Larison Inc, the principal stockholder and 100% controlled by the prior President of the Company (“Seller”), entered into a Stock Purchase Agreement (the “Agreement”) with Northern Ifurniture Inc (the “Buyer”). Pursuant to the Agreement, Seller agreed to sell to the Buyer and the Buyer agreed to purchase from Seller a total of 9,222,350 shares of Class A common stock of the Company Purchased Shares, which represented approximately 96% of the Company’s issued and outstanding shares of Class A common stock. As a result, the transaction led to a change of the control and the management team of the Company.

Prior to the change of the management team, the Company was engaging in holding or trading securities in the US market, as well as to trade and hold whisky in the UK market. The Company has changed its focus to operate furniture retail business and furniture design business in the New York area.

The Company also continues to look for other opportunities which could potentially increase the profits of the Company in the near future.
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MomsSpaghetti MomsSpaghetti 3 years ago
Interesting.
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Big Brother Big Brother 3 years ago
I noticed Hengjiang(Henry) Pang is the point of contact here, same as FGNV.

https://speedlightcs.com/

https://www.otcmarkets.com/stock/FGNV/profile

Hengjiang Pang has nearly 16 years of finance and accounting experiences in both Asia and North America. Mr. Pang served a number of senior management roles in the companies including his 6-year tenure with HeJian Technology Co., Ltd. (subsidiary of UMC), Financial Controller of a private-equity company in Pasadena, California. Mr. Pang is also the President of Speedlight Consulting Services Inc., which is focus on the goal to assist companies going public in the USA, and maintain the public requirements from both SEC and other departments. Mr. Pang has successfully assisted several companies going public in the USA since 2016, which including the areas of real estate development, travelling business, hotel management, medical product development and hemp industry. Mr. Pang holds MBA degree from Keller Graduate School of Management at Devry University, Long Beach and a BA in Industrial Engineering from Northeastern University (China).

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Big Brother Big Brother 3 years ago
Picked up some of this, looks like a small Chinese owned furniture company in NY, on Google Street View, it's called Northern EFurniture, though may possibly be a RM vehicle as well, not sure.

30M o/s, 330K float

http://www.ihome9.com/

https://www.facebook.com/Northern-Efurniture-In-2050534241701007/

https://www.otcmarkets.com/stock/LNBY/profile
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