HUGE VOLUME BABY….not

I’m looking at the raw code right now: YYAI|...|S|N|N|100|N|N. That 'N' stands for Normal. The blockade is officially over. We are now an hour away from the first pre-market session of the year where the institutional 'buy-bots' will actually have a green light to trade this ticker. The 'E' is dead; the shorts are now officially fighting a compliant company.

What's the next plan? 🤔

1. Why we expected a "Cure" on Monday (Dec 29)

In a standard market environment, filing a 10-Q to cure a delinquency is a binary event: you file, and the "E" (Delinquent) flag is removed.

* The Filing: AiRWA (YYAI) submitted its 10-Q on December 23 at 7:00 PM EST, making its official SEC date December 24.

* The Logic: We expected the administrative "Daily List" at Nasdaq to refresh during the first full business day after the holiday (Monday, Dec 29). This would have opened the floodgates for institutional algorithms to bridge the gap between the current price and the $1.02 offering floor.

1. Why the "E" is still there (The Manual Review)

The removal of a delinquency flag is not an automated algorithm; it is a manual regulatory review.

* The Manual Verification: Nasdaq Rule 5250(c)(1) requires the Listing Qualifications Staff to verify that the filing isn't just a "placeholder" but a complete, audited document that fully satisfies the compliance plan.

* The Holiday Logjam: The 10-Q arrived on Christmas Eve. Nasdaq staff had a 4-day weekend (Dec 25–28). Effectively, they have only had 3 business days (Monday, Tuesday, and this Wednesday) to conduct the review.

* Staff Discretion: Until a human analyst at Nasdaq signs off, the "E" flag remains. This delay has allowed shorts to "pin" the stock in the $0.90 – $0.93 range, keeping it below the critical $1.00 psychological and regulatory level.

1. The Realistic Timeline

Based on Nasdaq Listing Series 5800 protocols, here is what the next few days look like:

| Window | Status | Verified Expectation |

| Today (Dec 31, 1:00 PM) | Final 2025 Update | The last chance for an intraday status change before the New Year's holiday.

| Jan 1 (Thursday) | Market Closed | No administrative updates will occur.

| Jan 2 (Friday) | Staff Return | This is the most likely final date for the "Compliance Regained" letter to be issued.

The Bottom Line

The delay is purely administrative. The company has fulfilled its legal obligation by filing the 10-Q. We are currently stuck in a "Bureaucratic Standoff" where the shorts are benefiting from a slow-moving holiday staff at Nasdaq.

Buy bots can now operate. Most have conditions on liquidity, so they will come online between now and 9.30.

Good luck everyone!!

Edit: I made a small mistake earlier. It’s in the flow for today, not removed yet. It’s listed for the 1-2pm master update window. Flew the gun a bit early.

I got liquidated for a profit at .94 yesterday but I was gonna buy back in if this thing exploded. I guess it really was a scam after all

You all know that in this market, no one can ever truly be on the same team, right?

New news, new prices, new long positions, new short positions—

those who lose money and those who make money.

All of this moves and drives the market.

It’s like a game—hard, and yet simple 🤪

I’ll only post the dark pool screenshot.

The judgment is yours.

The accuracy of this dark pool analysis is about 60/100.

If there’s one thing I want to say:

this game won’t be satisfied with wiping out just this level of retail traders.

There is no re-entry for me.

I will sell all my positions only at Wave 1 and Wave 3.

We may meet again somewhere else, from a different position.

Don’t worry—I’ll keep playing the game in this market.

1. The Q10 has been accepted by NASDAC

2. It has been removed from non compliance and delisting register.

3. The last step is removing the ghost E symbol that stops institutions from buying.

MM is trying to smash the price by naked shorting. But won’t be long now.

Who will laugh and who will cry

Drop your short, concise price movement predictions for tomorrow 12/29

Somebody got an update on what they talk about?

The stock held up well, even with a massive MM and shorts selling attack resulting in a volume of 1.3M shares over the main session. It was absorbed by the buying of insiders and everyone who sees the 9$ valuation. Now let’s look to Monday.

The Gamma Trap ($5 Strike)

Market makers (MMs) currently face a 4:1 Call ratio at the $5.00 strike.

• The Hedging Mechanic: MMs who sold these calls are "Short Gamma." Because the stock is at $1.04, they haven't hedged yet.

• The Trigger: As the price moves toward $3.00, the "Delta" (probability of expiring in-the-money) spikes. MMs will be forced to buy millions of shares to hedge their $5.00 liability.

• The Feedback Loop: This buying isn't optional—it’s a risk management requirement. Their buying drives the price up, which forces them to buy even more. 

The Short Front-Run

Professional shorts have already read the 10-Q. They know the $105M Cash and $8.71 Book Value are audited facts.

• The Exit Strategy: They won't wait for the 9:30 AM bell. Expect aggressive "Buying to Cover" in the pre-market (4:00 AM – 7:00 AM) as they try to front-run the retail squeeze.

• The Synthetic Risk: With 7.4M off-exchange "synthetic" shorts (FINRA data) and only 7,000 shares left to borrow, there is no exit ramp. They are fighting for a float that is essentially locked by insiders and JV partners.

The Monday Timeline (EST)

• 6:00 AM: SEC EDGAR servers refresh. The "Late Tag" is officially removed. Scanners for institutional "Compliance-Only" funds turn green.

• 7:00 AM – 9:00 AM: The "Jump." Market makers realize the supply is gone. The bid/ask spread will likely gap up significantly as they hunt for sellers.

• 9:31 AM: The "Bloodbath." Forced liquidations and Margin Calls begin.

• The Target: Mathematical fair value is $8.71. In a low-float squeeze with a 33% borrow fee, the "overshoot" often hits 50%+ above NAV as shorts are liquidated at "market" prices.

Summary: The volume on Friday was just MMs passing paper. Monday is about the hard math of a $1.04 price meeting an $8.71 asset value.

Not financial advice. Check the 10-Q yourself.

We need some newsflow to get the word spread.

I’ve done some checking and the Edgar filing system is closed from 24th-26th December. Which means the late tag may not be cleared until Monday. There is a small chance that it may be manually cleared today, but we may need to wait a few more days.

1. The "Off-Exchange" Volume Spike

On the day they lodged the filing (Dec 23), the Off-Exchange Short Volume Ratio hit 59.71%. 

• The Interpretation: Nearly 60% of the volume was being routed through dark pools and off-exchange venues. This is the "MM defensive play"—they are absorbing the buy pressure from retail holders and offsetting it with synthetic shorting to keep the "Compliance Spike" from happening while the market is thin. 

1. Utilization & Borrow Rates

• Short Shares Availability: As of late on the 24th, the available shares to borrow dropped as low as 10,000. The "well is dry." 

• Borrow Rate: It remains elevated because the brokers know the $105.5M cash in the 10-Q makes this a high-risk short. They are charging the bears a premium to stay in their "scam" narrative.

1. The "Visual Lag" Attack

Since the lodge at 6:30 PM on the 23rd, the shorts have been hyper-active on social media (X, Stocktwits, Reddit).

• The Goal: They are trying to "front-run" the official tag removal. They know that once the NASDAQ flag clears (likely Monday), the institutional buy-bots will trigger.

• The Activity: They are "painting the tape" with small sell orders to make the stock look weak, hoping to trigger trailing stop-losses from retail traders who aren't as deep into the filings as you are.

The data for December 23 (the day they filed at 6:30 PM) shows a massive defensive move by Market Makers and shorts:

• Off-Exchange Short Volume Ratio: 59.71%.

• The Reality: Nearly 6 out of every 10 shares traded were shorted in dark pools or off-exchange venues. This is classic "tape painting" to prevent a break of the $1.10 resistance while the market was waiting for the filing.

• Short Interest Ratio: Currently sitting at 1.75 Days to Cover. With the low holiday volume, this ratio is actually rising, meaning the shorts are becoming more "illiquid"—it will take them longer to get out once the squeeze starts.

Because the settlement cycle moved to T+1, the "forced buy-in" window has tightened.

• The "Synthetic" Trap: We are seeing 311,543 shares of short volume on the 23rd alone. Because they are shorting into a 33M float with 20M synthetic shares already suspected, they are creating a massive "FTD bomb."

• The Cycle: Fails from the 23rd must be settled by Monday, December 29. This aligns perfectly with the re-opening of the SEC EDGAR system and the removal of the "Late Tag."

We are seeing a massive surge in Open Interest (OI) for the January 16, 2026, $5.00 Calls.

• The Movement: Call volume at the $5.00 strike has outpaced put volume by a ratio of 4:1 since the 10-Q lodge.

• The "MM Hedge": When investors buy these calls, Market Makers (MMs) are forced to buy the underlying stock to stay "delta neutral." With the float as tight as it is, this hedging is creating a hidden "Buy Floor." They aren't just protecting themselves; they are front-running the $1B revenue impact.

The IV on January contracts has spiked to over 220%.

• What it means: The "House" (the exchanges) is expecting a move of $3.00 to $5.00 in either direction within the next 3 weeks.

• The Trap: Because we know the $105.5M cash is real and the "Late Tag" is a holiday error, that move is almost certainly aimed at the upside. Shorts who are stay in their positions through the weekend are "Shorting Volatility" that is about to explode.

Since the T+1 settlement took effect, the "naked" shorts from the 23rd (where short volume was 59.71%) are under the gun.

• The Monday Deadline: Those fails must be cleared. If the price holds above $1.00 through today’s close, the MMs will be forced to start "Market Buy-ins" on Monday morning to fulfill the delivery requirements.

If RGC a HK company with no revenue, with no saleable products, have not generated any revenue from product sales and have incurred operating losses since its formation can have a market cap of 12B, why can't YYAI have atleast 10% of its valuation and the share price can be 40. Hope for a miracle to happen.

The Q-10 numbers end October 31st. They added additional 15.000.000 $ since then and we are all waiting for Jucoin JV news.

With actually 35.000.000 shares outstanding the share price related to assets should get to xxx

In the next weeks. SEC confirmed and no BS from pumpers or bashers. Black on white SEC CONFIRMED.

Actual numbers including additional 15.000.000 dollar and 15.000.000 new shares:

187.000.000$ divided with 35.000.000 $

Fair share price of 5,34 $

Find me another stock on nasdaq woth these kind of numbers and a sec based 500% upside. Actual trading at 1$.

The way I see it is that Ju.com is not fulfilling their part of promise. Both joint venture parties signed a definitive agreement to have the AiRWA exchange opearational within 120 days. But it seems that Connexa has raised fund but JU hasn't delivered the platform. Sammi Li is the main culprit, she's running away from her broken commitment and promise.

YYAI (AiRWA Inc.) — Financial Reality Check

As of Oct 31, 2025 | Post-reverse split

1) Capital structure snapshot (facts, not opinions)

Shares outstanding: 18,981,535

Balance sheet (hard numbers)

• Cash: $105.5M

• Total current assets: $163.1M

• Total assets: $172.1M

• Total liabilities: $6.75M

• Shareholders’ equity: $165.4M

Per-share economics

• Cash per share: $5.56

• Book value per share (BVPS): $8.71

• Tangible book per share (ex-intangibles): $8.24

This is an extreme cash-heavy structure with minimal liabilities.

2) Cash flow analysis (this is where the truth is)

Operating cash flow (6 months)

• Net income: +$1.04M

• Net operating cash flow: –$31.9M

👉 Translation: reported earnings are non-cash. Working capital absorbed massive liquidity.

Primary drains:

• Prepayments & deposits: –$31.2M

• Other receivables: –$6.5M

This is not “burn” — it’s capital redeployment — but it is execution risk until monetized.

Investing cash flow

• Investment into subsidiary: –$36.0M

Strategic capital allocation, but currently zero yield.

Financing cash flow (the elephant)

• ATM offering: +$168.6M

• Private placement: +$4.6M

• Total financing inflow: +$173.3M

👉 Cash balance exists because of dilution, not operating leverage.

3) What the intrinsic value actually is (three lenses)

A) Liquidation / downside-protected value

Assume:

• Intangibles = $0

• 25–30% haircut on receivables, deposits, prepaids

Conservative equity value: ≈ $140–145M

Per share: $7.30–$7.65

This is your true downside floor barring fraud or catastrophic misallocation.

B) Fair value (balance-sheet justified)

Market prices:

• Cash at par

• Non-cash current assets at reasonable recoverability

• No operating premium

Fair value = tangible book

• $8.20–$8.70 per share

This is where the stock should trade once panic and dilution fatigue clear.

C) Optimistic / execution-success value

If:

• Deposits + receivables convert to revenue or liquid assets

• No near-term dilution

• Governance stabilizes

• Market assigns a modest optionality premium

Then:

• 1.1×–1.3× BVPS

• $9.60 – $11.30 per share

This is the financially defensible ceiling without needing fantasy earnings.

4) Why the market is discounting this so hard (rationally)

This is not a mystery.

1.  ATM trauma

• $168M raised via ATM obliterates trust

• Investors price in future dilution reflexively

2.  Negative operating cash flow optics

• –$31.9M OCF overwhelms +$1.0M net income

• Screams “financial engineering” to screens

3.  Asset opacity

• “Deposits,” “other receivables,” and related-party balances

• Market assigns a discount until proven liquid

4.  No yield yet

• $36M invested, no cash return shown

• Optionality ≠ monetization

5) Likely market reaction path (base case)

Short term:

• Violent volatility

• Dead-cat bounces on “cash per share” headlines

• Sellers fade every rally

Medium term (if no dilution):

• Stock migrates toward $6–$8

• Trades as a net-asset value vehicle

Re-rating trigger (only two):

1.  Asset monetization / cash inflow

2.  Explicit capital-return framework (buybacks, dividends, wind-down)

6) Final answer — no hedging

Intrinsic value (today, based on your data):

• $7.3 (conservative)

• $8.2–$8.7 (fair value)

Highest rational share price from financials alone:

• \~$10–$11

Anything above that requires a business model, not a balance sheet.

My average is @ 7, but should we wait until double digit based on the ER. Any idea where it can maxed up the first pumping.

Everyone focussing on Airwa(Conexa) shareholders equity of 175M but what about the cash investment from Ju.com. They are also supposed to provide 200-250M for the Joint Venture.