Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Anybody here, know how they get rid of the quotation warning related to 15c211?
Growth is solid, the challenge is high-interest rates (raises capital costs/carry costs/etc.) and inflation (many things have doubled in the last few years).
Looks like we are back to waiting as usual...
The last news was in December of last year, over six months ago, next financials are due mid-August. Still waiting for the attorney letter which was due end of March, three months ago. At least if they did the letter we would be back to pink current and the yield sign would be removed.
Waiting for boom or bust!
2023 28,013,416 (400,420 this week)
2022 82,920,325
2021 533,724,540
2020 104,291,876
2019 51,904,744
2018 82,305,766
2017 106,273,486
2016 139,355,100
2015 76,982,183
2014 161,467,904
Float is 567,091,274
Restricted is 745,295,330
OS is 1,312,387,031
Notes:
01) 2023/05/11 Filings Disclosure and Financials (1st qtr 2023)
02) 2023/04/04 Pink Current to Pink Limited
03) 2023/03/07 Verified Profile
04) 2023/02/28 No OTC Verified Profile
05) 2023/02/10 Shell to Shell Risk
06) 2023/02/06 Supplemental Information (sales & Inventory as of Jan 1)
07) 2023/02/03 Supplemental Information (sales as of Jan 1)
08) 2023/01/30 Annual Report and Disclosure Annual 2023 No Longer Shell
09) 2022/12/20 Agreement With Medical Glove Manufacturer
10) 2022/11/07 Filings Financials - 3rd Qtr
Well, we are in a long wait(as usual), until the next financials (2nd Qtr) Due mid-August, the last news was in December over six(6) Months ago.
Waiting for boom or bust!
Volume has dwindled as we wait for an update during the long dog days of summer!
I hope we don’t have to wait until next financial filing for 2nd qtr to be posted.
As always the leadership of this organization is significantly lacking in communicating to shareholders.
Waiting for boom or bust.
The OTC Regulations state, "If the company’s financial statements are not audited, an annual Attorney Letter and Attorney Letter Agreement must be posted within 120 days of fiscal year-end"
Typically companies provide the letter with the annual financials, without the letter a company goes from pink current to pink limited.
The letter is a simple administrative task that should be completed on an annual basis.
Waiting for boom or bust.
2023 27,612,996 (136,100 this week)
2022 82,920,325
2021 533,724,540
2020 104,291,876
2019 51,904,744
2018 82,305,766
2017 106,273,486
2016 139,355,100
2015 76,982,183
2014 161,467,904
Float is 567,091,274
Restricted is 745,295,330
OS is 1,312,387,031
Notes:
01) 2023/05/11 Filings Disclosure and Financials (1st qtr 2023)
02) 2023/04/04 Pink Current to Pink Limited
03) 2023/03/07 Verified Profile
04) 2023/02/28 No OTC Verified Profile
05) 2023/02/10 Shell to Shell Risk
06) 2023/02/06 Supplemental Information (sales & Inventory as of Jan 1)
07) 2023/02/03 Supplemental Information (sales as of Jan 1)
08) 2023/01/30 Annual Report and Disclosure Annual 2023 No Longer Shell
09) 2022/12/20 Agreement With Medical Glove Manufacturer
10) 2022/11/07 Filings Financials - 3rd Qtr
2023 27,476,896 (30,271 this week)
2022 82,920,325
2021 533,724,540
2020 104,291,876
2019 51,904,744
2018 82,305,766
2017 106,273,486
2016 139,355,100
2015 76,982,183
2014 161,467,904
Float is 567,091,274
Restricted is 745,295,330
OS is 1,312,387,031
Notes:
01) 2023/05/11 Filings Disclosure and Financials (1st qtr 2023)
02) 2023/04/04 Pink Current to Pink Limited
03) 2023/03/07 Verified Profile
04) 2023/02/28 No OTC Verified Profile
05) 2023/02/10 Shell to Shell Risk
06) 2023/02/06 Supplemental Information (sales & Inventory as of Jan 1)
07) 2023/02/03 Supplemental Information (sales as of Jan 1)
08) 2023/01/30 Annual Report and Disclosure Annual 2023 No Longer Shell
09) 2022/12/20 Agreement With Medical Glove Manufacturer
10) 2022/11/07 Filings Financials - 3rd Qtr
Shell risk is related to operations and asset classes. Pink current requires attorney letter and financials.
If they file the attorney letter, mcic will go back to pink current and the yield sign will be removed. Very simple administrative task.
The real issue here is communication from the leadership, we have no ideas as to the real strategy here.
You can see on this board all the guesses and thoughts on what could be happening.
In reality this is a company that has a small amount of inventory.
A significant amount sales or merger needs to be accomplished for this into move above the bioharp high of 10.8 cents.
Waiting for. Boom or bust!
I have three(3) items tracking for the future of the stock,
1. Removal of shell risk
2. Attorney letter, to go back to pink current
3. Some type of news
Waiting for boom or bust!
If that is true, they should report at least minimal revenue in 2nd qtr, however, we will not have evidence of that revenue until August, which is a long time to wait!
Waiting for boom or bust!
Revenue and income are similar terms, Inventory is not revenue until payment for that inventory(product) is received! On 2/6/23 the company posted the following in supplemental filings
"4. The definition of a shell company by the SEC, is a company that has no or nominal assets, and or, no or nominal operations, and assets solely consisting of cash and cash equivalents. The reason that (MCIC) believes that it is no longer a shell company is because we have created an online store and have made numerous purchases and sales and carry inventory. "
My Thoughts:
1. They have made purchases, we know that is true as the inventory value is on the financials
2. They claim to have sales, sales are different from income as income is when the payment from sales is received. At some point the inventory is transferred to a buyer for a payment, then that payment becomes income. We also know they have a online store.
3. As far as fraud goes, if the above said income then the statement would be a fraud as we know from the financials they have not booked revenue(income), however, we do not know if they had sales, sales could be complete and delivery starting in April, therefore not showing in 1st quarter financials.
4. If you had purchased shares during this period, you would not have a case for fraud, however as I report weekly the volume is poor and almost no investors are purchasing or selling shares, based on the info coming out from the company or people posting on this board. So the positive and negative posters on this board are ignored equally! Most people have owned shares for years and are just waiting as they can not sell current large blocks of shares into the current trading environment of this stock. As for me, I am holding a large block of shares that I accumulated a long time ago and will continue to hold until leadership creates value above the bioharp high of 10,8 cents. I will not purchase any more shares.
5. I expect the shell risk to be removed now that inventory(noncash asset is proven)
Waiting for boom or bust!
2023 27,446,625 (81,220 this week)
2022 82,920,325
2021 533,724,540
2020 104,291,876
2019 51,904,744
2018 82,305,766
2017 106,273,486
2016 139,355,100
2015 76,982,183
2014 161,467,904
Float is 567,091,274
Restricted is 745,295,330
OS is 1,312,387,031
Notes:
01) 2023/05/11 Filings Disclosure and Financials (1st qtr 2023)
02) 2023/04/04 Pink Current to Pink Limited
03) 2023/03/07 Verified Profile
04) 2023/02/28 No OTC Verified Profile
05) 2023/02/10 Shell to Shell Risk
06) 2023/02/06 Supplemental Information (sales & Inventory as of Jan 1)
07) 2023/02/03 Supplemental Information (sales as of Jan 1)
08) 2023/01/30 Annual Report and Disclosure Annual 2023 No Longer Shell
09) 2022/12/20 Agreement With Medical Glove Manufacturer
10) 2022/11/07 Filings Financials - 3rd Qtr
1st Qtr Financials posted Zero(0) Revenue, 205K in Inventory, looks like Somebody loaned the company 215K net loss for qtr -8925, still reporting not a shell
Looks like all the sales reported on the site were tests, looks like the video/pictures of the last sales on the website have not been booked as revenue yet.
Waiting for boom or BUST!
Not much time(days) for Financials from 1st qtr to be delivered on time.
Waiting for boom or bust!
Running out of time for the pencil, pen, and blue crayon to work for this stock!
Need them to get financials out on time.
Waiting for boom or bust!
Again, waiting for a simple administrative task to be completed "Filing the 1st qtr financials", There is no reason to delay this to the last second, as he already reported that they have sales and inventory! The core element here is the shareholders do not know the total revenue that is going to be reported. (Has to be significant to get this stock to break the BIOHARP high of 10.8 cents)
Waiting for boom or bust!
2023 27,365,40 (575,183 this week)
2022 82,920,325
2021 533,724,540
2020 104,291,876
2019 51,904,744
2018 82,305,766
2017 106,273,486
2016 139,355,100
2015 76,982,183
2014 161,467,904
Float is 567,091,274
Restricted is 745,295,330
OS is 1,312,387,031
Notes:
01) 2023/04/04 Pink Current to Pink Limited
02) 2023/03/07 Verified Profile
03) 2023/02/28 No OTC Verified Profile
04) 2023/02/10 Shell to Shell Risk
05) 2023/02/06 Supplemental Information (sales & Inventory as of Jan 1)
06) 2023/02/03 Supplemental Information (sales as of Jan 1)
07) 2023/01/30 Annual Report and Disclosure Annual 2023 No Longer Shell
08) 2022/12/20 Agreement With Medical Glove Manufacturer
09) 2022/11/07 Filings Financials - 3rd Qtr
10) 2022/09/12 Partnership With Brahmarsk
2023 26,790,222 (325,376 this week)
2022 82,920,325
2021 533,724,540
2020 104,291,876
2019 51,904,744
2018 82,305,766
2017 106,273,486
2016 139,355,100
2015 76,982,183
2014 161,467,904
Float is 567,091,274
Restricted is 745,295,330
OS is 1,312,387,031
Notes:
01) 2023/04/04 Pink Current to Pink Limited
02) 2023/03/07 Verified Profile
03) 2023/02/28 No OTC Verified Profile
04) 2023/02/10 Shell to Shell Risk
05) 2023/02/06 Supplemental Information (sales & Inventory as of Jan 1)
06) 2023/02/03 Supplemental Information (sales as of Jan 1)
07) 2023/01/30 Annual Report and Disclosure Annual 2023 No Longer Shell
08) 2022/12/20 Agreement With Medical Glove Manufacturer
09) 2022/11/07 Filings Financials - 3rd Qtr
10) 2022/09/12 Partnership With Brahmarsk
After all this time I am looking for much higher than the bioharp disaster of 10.8 cents. I am thinking Ben is looking for a bigger payday as well!
If the sales are what you recorded a dime will be easy!
Waiting for boom or bust!
The question is how many shares do you have to have a million after taxes -vs- how many shares are required to be a billionaire after taxes?
Waiting for a boom or bust!
The big wait is when will 1St qtr financials be published and what will the total revenue be???????!!!
Waiting for boom or bust!
The financials will tell the tale, once revenue is reported we will know if the sales seen on the website are true.,,,
Things we need to know…
1St qtr revenue
Long term revenue
Mergers (if any)
Strategic partnership detail
Management structure
Waiting for boom or bust!
2023 26,464,846 (1,267,000 this week)
2022 82,920,325
2021 533,724,540
2020 104,291,876
2019 51,904,744
2018 82,305,766
2017 106,273,486
2016 139,355,100
2015 76,982,183
2014 161,467,904
Float is 567,091,274
Restricted is 745,295,330
OS is 1,312,387,031
Notes:
01) 2023/04/04 Pink Current to Pink Limited
02) 2023/03/07 Verified Profile
03) 2023/02/28 No OTC Verified Profile
04) 2023/02/10 Shell to Shell Risk
05) 2023/02/06 Supplemental Information (sales & Inventory as of Jan 1)
06) 2023/02/03 Supplemental Information (sales as of Jan 1)
07) 2023/01/30 Annual Report and Disclosure Annual 2023 No Longer Shell
08) 2022/12/20 Agreement With Medical Glove Manufacturer
09) 2022/11/07 Filings Financials - 3rd Qtr
10) 2022/09/12 Partnership With Brahmarsk
You can trade with Fidelity and E*Trade, just need settled Cash
Waiting for Boom or Bust!
2023 25,197,846 (2,762,317 this week)
2022 82,920,325
2021 533,724,540
2020 104,291,876
2019 51,904,744
2018 82,305,766
2017 106,273,486
2016 139,355,100
2015 76,982,183
2014 161,467,904
Float is 567,091,274
Restricted is 745,295,330
OS is 1,312,387,031
Notes:
01) 2023/04/04 Pink Current to Pink Limited
02) 2023/03/07 Verified Profile
03) 2023/02/28 No OTC Verified Profile
04) 2023/02/10 Shell to Shell Risk
05) 2023/02/06 Supplemental Information (sales & Inventory as of Jan 1)
06) 2023/02/03 Supplemental Information (sales as of Jan 1)
07) 2023/01/30 Annual Report and Disclosure Annual 2023 No Longer Shell
08) 2022/12/20 Agreement With Medical Glove Manufacturer
09) 2022/11/07 Filings Financials - 3rd Qtr
10) 2022/09/12 Partnership With Brahmarsk
You can also buy on Fidelity, I know somebody who bought 222K on Fidelity this morning.
Waiting for boom or bust!
So we are waiting on two(2) items, first quarter financials and attorney letter..,
Of course I would take some type of news as well.
Waiting for boom or bust!
2023 22,435,529 (787,418 this week)
2022 82,920,325
2021 533,724,540
2020 104,291,876
2019 51,904,744
2018 82,305,766
2017 106,273,486
2016 139,355,100
2015 76,982,183
2014 161,467,904
Float is 567,091,274
Restricted is 745,295,330
OS is 1,312,387,031
Notes:
01) 2023/04/04 Pink Current to Pink Limited
02) 2023/03/07 Verified Profile
03) 2023/02/28 No OTC Verified Profile
04) 2023/02/10 Shell to Shell Risk
05) 2023/02/06 Supplemental Information (sales & Inventory as of Jan 1)
06) 2023/02/03 Supplemental Information (sales as of Jan 1)
07) 2023/01/30 Annual Report and Disclosure Annual 2023 No Longer Shell
08) 2022/12/20 Agreement With Medical Glove Manufacturer
09) 2022/11/07 Filings Financials - 3rd Qtr
10) 2022/09/12 Partnership With Brahmarsk
Looks like we went from Pink Current to Pink Limited, because of, as usual, a failure of leadership to get an "Attorney Letter with Respect to Current Information" last filed on 3/30/22, which was due by end of the 1st quarter.
Just like the verification of OTC that happened a few weeks ago. It seems like this leadership is reactive instead of proactive on simple paperwork filings. Waiting for the issue to show up on OTC Markets and then taking action.
Note: We lost the verification of OTC on 2/28/23 and it returned on 3/7/23. so I expect the same delay for the Attorney letter. 4/4/23 to 4/11/23 so we should be back to Pink current on the 12 or 13 of April.
Waiting for Boom or bust!
Seems we have the yield sign back again, I thought we had the filings and verification required to stay Pink Current vs Pink Limited, does anyone have any insight as to what they are missing to stay pink current?
Just need the financials to prove the revenue.....
The question, we all want to know is how big or small the revenue is for the 1st quarter.
Waiting for boom or bust!
Now 45 days at most to figure out the revenue/expenses/profit
My guess is similar to annual about 30 days or sooner, Ben could get this out sooner if he wants to.
I hope the data Gorb and others collected was real.
Waiting for boom or bust!
2023 21,648,111 (5,245,889 this week)
2022 82,920,325
2021 533,724,540
2020 104,291,876
2019 51,904,744
2018 82,305,766
2017 106,273,486
2016 139,355,100
2015 76,982,183
2014 161,467,904
Float is 567,091,274
Restricted is 745,295,330
OS is 1,312,387,031
Notes:
01) 2023/03/07 Verified Profile
02) 2023/02/28 No OTC Verified Profile
03) 2023/02/10 Shell to Shell Risk
04) 2023/02/06 Supplemental Information (sales & Inventory as of Jan 1)
05) 2023/02/03 Supplemental Information (sales as of Jan 1)
06) 2023/01/30 Annual Report and Disclosure Annual 2023 No Longer Shell
07) 2022/12/20 Agreement With Medical Glove Manufacturer
08) 2022/11/07 Filings Financials - 3rd Qtr
09) 2022/09/12 Partnership With Brahmarsk
Well looks like we have fifty(50) days to wait at most for real revenue numbers of 1St qtr, and not speculation.
Five(5) days until end of qtr and forty-five(45) days to produce the report. They did the annual around thirty(30) days so hopefully they will do this one early as well.
Waiting for boom or bust for a decade+
2023 16,402,222 (688,048 this week)
2022 82,920,325
2021 533,724,540
2020 104,291,876
2019 51,904,744
2018 82,305,766
2017 106,273,486
2016 139,355,100
2015 76,982,183
2014 161,467,904
Float is 567,091,274
Restricted is 745,295,330
OS is 1,312,387,031
Notes:
01) 2023/03/07 Verified Profile
02) 2023/02/28 No OTC Verified Profile
03) 2023/02/10 Shell to Shell Risk
04) 2023/02/06 Supplemental Information (sales & Inventory as of Jan 1)
05) 2023/02/03 Supplemental Information (sales as of Jan 1)
06) 2023/01/30 Annual Report and Disclosure Annual 2023 No Longer Shell
07) 2022/12/20 Agreement With Medical Glove Manufacturer
08) 2022/11/07 Filings Financials - 3rd Qtr
09) 2022/09/12 Partnership With Brahmarsk
If you want a position get one before the details of the revenue come out! After that, if it is anywhere that this group has captured, pennyland will be behind us.
Waiting for boom or bust for a decade+.
Just need some details on the number/amount of sales, since they have reported sales and inventory since Jan 1 2023 via disclosures. They reported they are no longer a shell in early February.
Any significant sales proved that this will no longer be a penny stock as I believe most of the shares are held by long-term holders and believer that this will fly much higher at one point. I am of course on the fence till it is proven.
Waiting for boom or bust for a decade+.
That would be fun, I would want specific known facts to drop that much cash on any stock, let alone a penny stock, that the management has not accomplished anything ever.
As I stated I will continue to hold the block I have, but will not purchase more.
Waiting for boom or bust for a decade+.