UOKAF MDJM LTD
Price Chart
Executive Summary
MDJM LTD adopted a 2026 Equity Incentive Plan and immediately issued 200,000 Class B ordinary shares to CEO Siping Xu, increasing his voting control to approximately 89.58%. The filing further entrenches insider control at a company already suspended from Nasdaq and trading on the OTC market with minimal revenue and ongoing losses.
Actionable Insight
The share issuance bolsters CEO control ahead of a potential reverse stock split or capital increase as flagged in the prior 20-F. Monitor for shareholder proposals on share consolidation and any subsequent dilutive offerings. The stock's micro-cap OTC nature limits liquidity and tradeability.
Key Facts
- Adopted 2026 Equity Incentive Plan with reserve of 200,000 Class A and 200,000 Class B ordinary shares.
- Issued 200,000 Class B ordinary shares to CEO Siping Xu for past services, increasing his voting control to 89.58%.
- Company was suspended from Nasdaq in March 2026 due to sub-$0.10 share price and now trades OTC (UOKAF).
- Prior 20-F showed net loss of $41,321 in 2025 on minimal revenue of ~$90,000 from UK hospitality segment.
Financial Impact
Issuance of 200,000 Class B shares (par value $0.875/share, aggregate par value $175,000) with no cash consideration to the company. Minimal financial impact given the company's distressed state.
Risk Factors
- Entrenched insider control (89.58%) reduces minority shareholder influence.
- Potential dilutive recapitalization as indicated in prior filings.
- Continued OTC trading with minimal revenue and negative earnings.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001104659-26-054910 |
| Document: tm2613398d1_6k.htm | 0001104659-26-054910 |
| Document: 0001104659-26-054910-index-headers.html | 0001104659-26-054910 |
| Document: 0001104659-26-054910-index.html | 0001104659-26-054910 |
| Document: 0001104659-26-054910.txt | 0001104659-26-054910 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
3d ago
|
6-K
| $0.4020 awaiting T+5 | awaiting T+5 | — | $0.3160 (−21.39%) |
|
May 27, 2026
18d ago
|
6-K
| $0.3500 $0.4230 | ▼ −20.86% | ▼ −20.54% | $0.3160 (+9.71%) |
|
May 20, 2026
25d ago
|
6-K
| $0.3310 $0.3500 | ▲ +5.74% | ▲ +3.89% | $0.3160 (−4.53%) |
|
May 6, 2026
5w ago
|
6-K
| $0.0550 $0.1690 | ▲ +207.27% | ▲ +206.14% | $0.3160 (+474.55%) |
|
May 4, 2026
5w ago
|
6-K
| $0.0550 $0.1690 | ▲ +207.27% | ▲ +205.29% | $0.3160 (+474.55%) |
|
Apr 22, 2026
7w ago
|
6-K
| $0.0560 $0.0550 | ▲ +1.79% | ▲ +3.26% | $0.3160 (−464.29%) |
US Market Status
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