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Didn't our replies make that obvious to you?
If we're going to discuss a company's plans, doesn't it make sense to you to know what that company is?
Because the OTC is a desert with fraud currently. Dry as fuck. Just simply put....everyone wants some "shit show" to talk about...lol..lol.
It's that simple :)
So...why did you all need to know the company to answer the original question.....seems odd..??
Yep...the Form 10 is what I refer to as a short term stall. Maybe "short term" is inappropriate :)
Form 10's are definitely warranted pre-acquisition. Actually a given..lol. My brain is pretty fried currently.... sorry
Both can be used as initial registration statements. A Form 10 registers a class of stock; an S-1 registers an offering.
Form 10 is just prelude to an S-1/similar though.
Only if the company wants to follow the Form 10 with an offering. It makes more sense to file an S-1, to do an offering, and then an 8-A to register a class of stock. The 8-A is simple and uncomplicated.
Any Company can file with the SEC(presentation purpose). To be registered at their current state, they would have to file a Form 10...or S-1/similar. Form 10 is just prelude to an S-1/similar though.
What does this even mean?
Congratulations to Ronn Inc. on the successful completion of the comprehensive PCAOB financial audit..
That they've had their financial audited by a firm registered with the PCAOB? Why not disclose its name?
By integrating the financials into the soon S-1 filing...
So it's a "soon S-1".
That is just pathetic. And the Corp Fin will still have to deal with that S-1, assuming RONN ever files it. I wonder how many amendments there'll be.
It’s just another fluffy pump by that company:
https://www.otcmarkets.com/stock/RONN/news/Ronn-Inc-Announces-Completion-of-the-latest-PCAOB-Audits?id=447909
As I said, they aren’t doing anything real with $27K in the bank, nothing spent on R&D claiming to be in an industry that takes billions to develop anything. But they have to service those convertible notes:
https://www.otcmarkets.com/otcapi/company/financial-report/409739/content
My Son just got out of his interview with two agents. Looks like it will be more local(for now). More heads are going to roll though(via cover up)...and apparently my Son will have to talk to a Grand Jury(no testifying) . He also has a lawsuit in his back pocket from this.
I'll tell you privately on Friday. The Agents said that after the interview...they could drive to Philly tomorrow...file charges..and get a cheese steak.
The cat in question bolted and is hiding out in Philly currently. The good news is that it will not be a large scope and more centralized. bad guy(plural) going down though :)
I am so fucking proud of my Son!
Politicians are the biggest shit bags on the face of the Earth....Fuck em' all. I know not all are....but I despise the bastards.
RONN, I've done several searches to verify their claim of having to file an S-1, couldn't find any definitive answers not even Investopedia, guess we still have a waiting period to complete. Thanks again.
As much as certain posters go out of their way to try to be nice to you and attempt a civil discussion, you always, in the end, wear everyone’s patience thin and just continue to be a dickhead so cut the crap and start acting civil…
You wonder why no one responds to you anymore? Keep repeating to yourself what I wrote…
I realize I won't get it from you.
The S-1 that Cableguy referenced, but that RONN has not filed. It has done a Reg A offering. It was qualified in January 2023. It terminated the required filings associated with the offering in April 2023:
https://www.sec.gov/Archives/edgar/data/58411/000139390523000189/xsl1-Z_X01/primary_doc.xml
So what S-1 is he talking about??
And why are YOU talking about all this, since you evidently haven't even paid a visit to Edgar?
https://www.sec.gov/cgi-bin/browse-edgar?CIK=0000058411&owner=exclude
Ask a question....LOL...That's about all you'll get here LMFAO
I wondered if it was that one. But I thought from what he said that it--Lee Pharmaceuticals, not RONN--was an SEC filer not so long ago. But it hasn't been one since 2005, when it filed a Form 15. And now it's doing, or has done, a Reg A offering.
So what S-1 is Cableguy talking about?
Whew...a little drama there ...but so sorry I don't do recipes
It’s RONN….
A company with $26k in the bank that claims to be making hydrogen cars and hydrogen infrastructure but hasn’t spent a plug nickel on R&D. The only product they make is fluff PR’s.
Of course we'd have to know what the ticker is. Sheesh. One size does not fit all.
Pink current has nothing to do with the SEC. OTCMarkets is not a regulator. They are a stock promotions company. Their alternative disclosure (which are NOT filings, BTW) mean nothing to the SEC.
If that company has never been registered with the SEC, then the S-1, or another registration statement, would certainly be required to complete the initial registration process with the SEC.
If the company was once an SEC registrant, then the S-1 could legitimately be used for a public offering and resumption of SEC reporting requirements.
What is the ticker?
Yes, that's true.
Food safety is very very hard. a lot of intangibles. Construction safety a bit more tangible can be measured better. YOu cannot see bacteria. YOu can see a trip hazard
Ok, thanks, would still like to hear any other explanations, but good to know.
If you don't know why the ticker is important, than you don't understand the applicable securities regulations and you PM is worthless.
Not sure why the DD research crew would need to know the Company Ticker to answer that....I'll send you a PM
What does all that have to do with DD and Research?
And that's why people are shocked about what happened at Boar's Head. it's always been a company people have trusted. Considered to be a premium brand.
MY experience in working with food clients and construction clients is safety is definitely driven from the top down. IF senior Management is diligent then they drive safety down to all. if not it slips. seems both sides of it. The more successful companies were the safety conscious ones wiling to scrub the dam kitchen clean every damn hour and all the proper HSA stuff. it is a great long term investment in people and processes.
More on Boar's Head:
An update from the deli meat brand, provided on September 13th, states that an “investigation has identified the root cause of the contamination as a specific production process that only existed at the Jarratt facility and was used only for liverwurst.” Boar’s Head will consequently be permanently discontinuing its liverwurst product.
The company is also making personnel changes to ensure food safety standards are met moving forward. Boar’s Head plans to appoint a new chief food safety and quality assurance officer (CFSO) and is actively recruiting for the role. Additionally, a “Boar’s Head Food Safety Council” has been established, which will consist of “independent industry-leading food safety experts, some of whom have been assisting with the current investigation at the Jarratt facility.” The council will advise the chief food safety officer and help implement quality assurance programs.
https://www.foodandwine.com/boars-head-virginia-plant-closure-listeria-8712610?hid=fad5c526ddce274b179d9d966a74cb9d69b23514&did=14579817-20240918&utm_campaign=faw-top10_newsletter&utm_source=faw&utm_medium=email&utm_content=091824&lctg=fad5c526ddce274b179d9d966a74cb9d69b23514&lr_input=aefeb373510efb98d7a8451c2d58a49ba275040c17bf3c0b66e2567b82c1507d
Why would a pink current company need to file an S-1 to start filing again with the SEC, can't they just start filing again and that would be it?
No they can't "just start filing again".
But you'll have to tell us what the stock is if you want any more.
Why would a pink current company need to file an S-1 to start filing again with the SEC, can't they just start filing again and that would be it? When its supposed to be for an IPO, but this company isn't doing that there already trading with alternate filings. TIA.
I will.....have to be careful about it because I know more than any news outlet. No outlet knows what the investigation is about...and how large. Maybe it will fizzle out or be very damning to many. Who knows anymore.
It initially starts here ... https://www.butlereagle.com/20240626/butler-township-cooperating-with-ags-investigation-into-former-commissioner/
The investigation started in January.
There is zero news on it...of course.
DONT SHORT CULT STOCKS LOL
I have learned - still off the shorting
It's already been discussed. Around the time of the assassination attempt on Trump in Butler.
Care to enlighten the board?
You're missing something.
Unless I'm missing something I don't see the relevance of what may be going on in the Township to what this board is primarily concerned about.
It's not like the Township is unique regarding crimes occurring in every town in America.
My Son is meeting with the Detective. This interview has absolutely nothing to do with the Secret Service...or said event in Township. It does however, have everything to do with said Township prior to said event.
My favorite deli uses them exclusively. What a major FU by them.
It certainly is. It'll take them a while to recover from this.
It's a cult stock as opposed to a meme stock imo. The problem with shorting it is no one knows how its namesake would say anything from day to day to move the stock. It's 52 week high is $79.
I'm on a board where we try and predict the Nasdaq close at the end of the day. One of us makes his pick AH after the market closes and I make mine PM before it opens. We allow for a 60 point margin on our WAGS.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175082631
As you can see AH and PM has little bearing on how the market closes. I have never traded PM as I'm too busy checking the box scores from yesterday's MLB games.
The SS has already admitted that this was a major screw up by them. End of story.
My favorite deli uses them exclusively. What a major FU by them.
GameStop CEO Ryan Cohen to Pay Nearly $1 Million Penalty to Settle Antitrust Law Violation
https://www.ftc.gov/news-events/news/press-releases/2024/09/gamestop-ceo-ryan-cohen-pay-nearly-1-million-penalty-settle-antitrust-law-violation
Today, the Federal Trade Commission announced that Ryan Cohen, managing partner of RC Ventures, LLC, and Chairman and CEO of GameStop Corp., will pay a $985,320 civil penalty to settle charges that his acquisition of Wells Fargo & Company (Wells Fargo) shares violated the Hart-Scott-Rodino (HSR) Act.
According to the complaint, Cohen, who is also the founder and former CEO of Chewy, Inc., acquired more than 562,000 Wells Fargo voting securities resulting in aggregated holdings of Wells Fargo securities that exceeded HSR filing thresholds. Cohen’s purchase triggered an obligation to file an HSR form with federal antitrust agencies and wait before completing the acquisition. Yet Cohen failed to do so, which violated the HSR Act, according to the complaint.
The HSR Act requires companies and individuals to report large transactions, including securities acquisitions, over a certain threshold to the FTC and DOJ so that the federal agencies can investigate the deals before they close. The agencies have 30 days after a transaction has been reported to conduct an initial investigation and file a “second request” demand for additional information. It is generally illegal to finalize an acquisition during this investigatory period. The maximum civil penalty for an HSR violation at the time Cohen made the corrective filing was currently $43,792 per day.
According to the complaint, Cohen’s acquisition of Wells Fargo voting securities was not exempt under the Investment-Only Exemption of the HSR Act, even though his holding represented less than 10 percent of the outstanding voting securities of Wells Fargo.
When acquiring the Wells Fargo shares Cohen intended to influence Wells Fargo’s business decisions as evidenced by Cohen’s emails when he advocated for a board seat. After acquiring the shares, Cohen proceeded to have periodic communications with Wells Fargo’s leadership regarding suggestions to improve Wells Fargo’s business and to advocate for a potential board seat, according to the complaint.
The Commission vote to accept the settlement and refer the matter to the Department of Justice for filing was 5-0. The Department of Justice filed the complaint and proposed stipulated order on the FTC’s behalf in the U.S. District Court for the District of Columbia.
As required by the Tunney Act, the proposed settlement, along with a competitive impact statement, will be published in the Federal Register. Any person may submit written comments concerning the proposed settlement during a 60-day comment period to Maribeth Petrizzi, Special Attorney, United States, c/o Federal Trade Commission, 600 Pennsylvania Avenue, NW, Washington, DC 20580 bccompliance@ftc.gov. At the conclusion of the 60-day comment period, the U.S. District Court for the District of Columbia may approve the proposed settlement upon finding that it is in the public interest.
The Federal Trade Commission works to promote competition, and protect and educate consumers. The FTC will never demand money, make threats, tell you to transfer money, or promise you a prize. You can learn more about how competition benefits consumers or file an antitrust complaint. For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.
The final rule was approved this morning.
The new minimum tick size for Exchange traded stocks over $1 will be $0.005 for most stocks. Some will be $0.015.
This new rule will also apply to all OTC trading for the first time, so no more $0.0001 increments for listed stocks over $1.
The new rule will implement in November 2025.
It's clever indeed!
But let's not forget that what crypto may be best for is money laundering...
DD Support Board and Fraud Research Forum
This forum is a place for ALL to share and build research and due diligence.
This is not a forum for recommending stocks to buy or sell. It is for information sharing only.
Please do not use this forum to promote stocks.
Feel free to build on the research already done by others or to present fresh new research.
Please start all informational posts with the ticker symbol of the stock.
Important links:
Another place to read some of nodummy's research:
http://promotionstocksecrets.com/
Great Forum for Litigation and Court Docket updates not posted on this board:
www.investorshub.advfn.com/boards/board.aspx
SEC trading suspensions:
http://www.sec.gov/litigation/suspensions.shtml
SEC press releases:
http://www.sec.gov/news/press.shtml
SEC administration proceedings:
http://www.sec.gov/litigation/admin.shtml
SEC litigation releases:
http://www.sec.gov/litigation/litreleases.shtml
Most recent SEC flings:
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=&owner=exclude&count=40&action=getcurrent
Great Website for basic information about the laws surrounding penny stocks
http://www.securitieslawyer101.com
Stock Dilution Scam:
A share dilution scam happens when a company, typically traded in unregulated markets such as the OTC Bulletin Board and the Pink Sheets, repeatedly issues a massive amount of shares into the market for no reason, considerably devaluing share prices until they become almost worthless, causing huge losses to shareholders. Then, after share prices are at or near the minimum price a stock can trade and the share float has increased to an unsustainable level, those fraudulent companies tend to reverse split and continue repeating the same scheme.
Pump and Dump Schemes:
"Pump and dump" schemes, also known as "hype and dump manipulation," involve the touting of a company's stock (typically microcap companies) through false and misleading statements to the marketplace. After pumping the stock, fraudsters make huge profits by selling their cheap stock into the market.
Pump and dump schemes often occur on the Internet where it is common to see messages posted that urge readers to buy a stock quickly or to sell before the price goes down, or a telemarketer will call using the same sort of pitch. Often the promoters will claim to have "inside" information about an impending development or to use an "infallible" combination of economic and stock market data to pick stocks. In reality, they may be company insiders or paid promoters who stand to gain by selling their shares after the stock price is "pumped" up by the buying frenzy they create. Once these fraudsters "dump" their shares and stop hyping the stock, the price typically falls, and investors lose their money.
http://www.sec.gov/answers/pumpdump.htm
The key is understanding
The key is understanding that pink sheet stocks are not investments - 99% of them will lose value over the long run and never accomplish most of their forward looking pumping statements they put in press releases or on their websites. Never believe the hype - always be skeptical of everything you hear.
The people mostly making money with pink sheet stocks are promoters, front loading pumpers with big followings they can dump on, crooks, some of the flippers, and sometimes the very lucky.
Pumpers only tell you to buy stocks that they already own. Pumpers only tell you to hold stocks because they want to make sure you hold longer than them.
They make money by pumping the stock and getting other people to buy then dumping their shares on the followers.
If you really want to take the risk of trying to make money trading pink sheet companies then you have to understand how the game works and never ever hold long term - take profits when you can. Pump and Dumps dominate the IHUB forums.
Trading pink sheet stocks is a sick game full of lies and deceit where people take advantage of the inexperienced and naive stealing away their life savings for their own personal gains.
Very little respect or morals exist in stinky pinky land.
The Consequences of an SEC Suspension:
Complete list of SEC suspended stocks and SEC Admin. Law Judge registration revocations from January 1st, 2010 to May 9,2020:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155531213
More information on Suspended Stocks
http://investorshub.advfn.com/SEC-Suspensions-&-Revocations-25334/
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