Skycorp Solar Group Ltd

Analysis for Ticker: PN

Skycorp Solar Group Ltd sells solar cables, batteries, and computer servers, but it is functioning as a machine designed to vaporize public capital. The company is attempting to dump 300,0$ million in new paper onto a public market where the regular shares held by non-affiliates are worth barely 3,2$ million. This is a mathematical disaster because the board created 9,67 million new shares out of thin air in a single week, expanding the total count to 12,21 million shares to pay off insiders and raise a small amount of cash. Even though the stock price looks higher at 2,86$, it is an illusion created by deleting 95% of the old shares to hide a massive crash from a fifty-two-week high of 87,40$. Think of a child who has twenty marbles and an adult takes nineteen of them away, then tells the child the one marble left is much more valuable right before the adult starts printing millions of new marbles for himself. The mess started in 03/2025 when the public handed the company 8,0$ million at 4,00$ per share. Instead of building a stable business, the insiders used the company as a family piggy bank. By 09/2025, they had taken 4,17$ million in interest-free loans. A shareholder named Gaokui Zhang took 1,2$ million, while his mother Baili He and wife Yi Lin took over 130.000$ combined. The chief information officer Jiye He took 23.925$, and the chief executive officer Weiqi Huang owed the company 2,1$ million the year prior. In 08/2025, the chief executive traded his regular shares for super shares that give him thirty-five votes for every one vote a regular person has, giving him 97% control over every decision.