Just became aware of PQEFF from the spike yesterday hitting my scans. What is the explanation for the share price being so far below the offer price? Seems very unusual.

TIA

Give me a break!

No one knows how many shares are outstanding after the reverse merger.

The company is unwilling to inform investors of this most basic statistic.

Therefore no one knows the market value of the company. Therefore no one knows if it's a good investment or not. Based on all the hype, not to mention the main guy's reputation, probably not.

So anyone who's saying this is ... I'm controlling myself here..... not to be believed.

On November 1, 2021, Theralink Technologies, Inc. ..... Investors agreed to purchase convertible notes and accompanying warrants for $1,000,000.00.

The Notes have an aggregate face value of $1,000,000 and each Note bears interest at a rate of 8% per annum. The Notes will be funded in two tranches on November 1, 2021 and December 1, 2021. The Notes are convertible into shares of the Company’s common stock at a conversion price equal to $0.00366 per share for any amount of principal and accrued interest remaining outstanding (subject to adjustment as provided therein). The Company may prepay the Notes at any time in an amount equal to 110% of outstanding principal balance and accrued interest.

In connection with each Note, the Investors were issued Warrants to purchase an amount of common stock equal to 20% of the shares of common stock issuable upon conversion of the Notes at an exercise price of $0.00366 per share (subject to adjustment as provided therein) until November 1, 2026. The Warrants are exercisable for cash at any time.

Up 155% today to an $11 billion market cap,

From recent OBMP filing, Avant Diagnostics owns 5 billion shares of OBMP, which closed above $1 today.

Who owns Avant at this point?

I think the warrant is exercisable on January 11, 2022.

The warrants will become exercisable on the later of 30 days after the consummation of our initial business combination or 12 months from the completion of this offering.

Hi - you sound like you would know. The 2027 $11.50 warrant is trading around $2 while the EFTR common is around $25.

Is the warrant for only half an EFTR share or something?

There's no reason it should ever have been worth so much more than the sum of MetaMaterial and Torchlight market caps pre-announcement. That would have been around $200 million I think.

Even after this collapse it's still $600mm unless you think that special dividend is worth a lot. But I don't see why that div should be worth more than TRCH's original market cap, which was around $50 million.

Numbers above are very rough - but even if you adjust them by 50% in any direction the point remains the same.

Didn't Viceroy expose Wirecard in Germany recently?

TRCH is a terrible stock to buy. If you must, then buy MMATF which is far cheaper.

The magic dividend thing is an illusion. Won't amount to anything at all imo.

Company valued 257 million shares at $0.009 per share and 51 million at $0.021 per share.

Pretty much all you need to know, unless company has found a way to spin straw into bitcoin.

Excerpt from the recent annual report on OTCmarkets.com

"During the year ended December 31, 2020, the Company sold a total of 24,169,609 shares of common stock for total proceeds of $85,200.

The total common stock outstanding as of December31, 2020is 280,211,697 shares."


$85,200 for 24,169,609 works out to $0.00013 per share.

What SEC filings? I don't see any filings at all since 2014.

Two reliable indicators of an orchestrated penny stock pump with paid posters.

1. Many one-line content-less rah-rah posts.
2. Repeated identical posts with purported 'due diligence'.

I wish no harm to anyone, but I do believe in integrity.

MDMP - major pump today. Up from .02 to .75 on reserve report that was already reported in February.

14275 Midway Rd. STE 220 Addison, TX 75001

Search it.

This is a co-working or executive office suite. Many companies with this address.

What a bunch of BS

This data was already released in February. If it was so incredibly great people in the industry would have already bought the stock.

Suspected PUMP AND DUMP.

Which statements are lies?

TRCH is extremely over-valued. The shares were around $0.30 in November. They are selling themselves as an empty, listed shell (more or less), but the market cap today is in the $350 million range.


I did not write this, but I fully agree with it. https://seekingalpha.com/article/4406983-torchlight-0_35-value-at-25-percent-merged-company

Service around here is really going downhill!

What was VINO price before the reverse split. How many shares outstanding now? I'm confused on this.

Thanks

What the heck is going on with NUKK? From .25 to $1.50 in a few days

Thanks much for the interesting feedback.

600 - that's impressive. Good stuff.

But re OCGN, why would a major Indian vaccine company partner with a heavily dilutive, reverse merger American ocular therapeutics company to develop the US market?

Dilutive - they've gone from 16 million to 162 million shares in 13.5 months.

In case anyone is looking for something to do tonight ...

The biggest Nasdaq gainer today (up 400% now) is OCGN, a biotech company that went public via a reverse merger in 2019. Their materials say the company specializes in blindness.

Today they announced a deal (with few details) with Bharat Biotech, a major Indian vaccine company - in which OCGN would get the US distribution rights to a covid vaccine currently in Phase 3 tests.

Does not pass my smell test. A number of OCGN managers have Indian names. Could it be some sort of sweetheart deal? Nepotism?

I have no idea, but it is odd.

Filings? What filings?

What on earth is HUMBL doing having some deal marketplace. How is this related to their payments business model. What the heck?

Maybe they manufacture 500 million units? Lol

Was this written by a computer or by a foreigner.? In any case it’s ridiculous. Low rent pump piece. Quick way to undermine the share price.

I did see TZPC. It's floating in mid-air.

I did a minor analysis of these cryo-shippers. It's already being done by big players. And it's too late for them to benefit from the covid vaccine demand. It's just that it's in the news, so gives pumps a platform.

RSCF another penny stock up thousands of percent on Covid vaccine excitement.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160113879

Pfizer says it will ship using dry ice.

The Pfizer vaccine presents a shipping challenge because it requires ultra-cold storage at almost -94 degrees, which is colder than the temperature on Mars. UPS will ship it in boxes that feature two layers of dry ice, a thermal shipper designed by Pfizer to maintain the cold temperature, as well as a GPS and thermal monitor.
The company also will have its own sensor in the package with the vaccine that monitors temperature and transmits information related to the package, as well as its own GPS monitor.

https://www.today.com/health/covid-19-vaccine-how-ups-plans-ship-deliver-vaccines-t203216

A simple google search will reveal many super-cold shipping options.

good article

https://www.gasworld.com/covid-19-vaccine-cryogenic-containers-to-play-key-role/2020141.article


"Reflect Scientific, which develops technologies in cryogenic cooling with headquarters in Orem, Utah, also has a product it expects to be deployed in the distribution of vaccines."

Here's one owned by Praxair, a company more likely to supply a large amount of the needed technology.

Transportable container, charger system, method and kit for generation of carbon dioxide snow block in-situ within the transportable container for preservation of items stored therewithin

This invention relates to a novel kit, transportable apparatus and method for generating in-situ CO2 snow block within the apparatus. An item such as a biological sample can be stored and transported within the same apparatus that is employed for creating the CO2 snow block. The apparatus is capable of preserving the sample during transport. The invention also includes a specially designed CO2 snow charger system including a charger and meshed conduit. The charger system is operated in accordance with the methods of the present invention to create the in-situ CO2 snow block within a container that can be also used for transport.

https://uspto.report/patent/grant/10,712,072

That's a lot of patents and I haven't the skill to evaluate them. I do know there are millions of patents, few of which bring commercial success.

Maybe look for the same type of patent without filtering by company?

holy moly you're right! I assumed it was in 000's. That valuation is crazy!

Like you said, I guess that's the market we're in.

yeah, BLNK is kind of crazy but they had $900mm in sales last quarter. Not RSCF's $600k!

Not comparable.

It's hardly 'bashing' to state facts. Every company has a sell story along with a buy story. Why try to suppress facts? Actually, I guess that's the way it's done these days.

The valuation here is ridiculous and absurd. Nearly $200mm market cap. Total assets $1.2mm. Revenues Q3 $610k.

They may have a great quarter or two because of the vaccine, but what about after that?

Even the near future will be very limited because they simply don't have the production capacity to produce that much.

This whole spike is just silliness, of which there has been a whole lot in the stock market lately.

I see where you are reading these share numbers, but they seem not to comport with an exhibit in later pages showing stock compensation of several millions shares.