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Other sectors have more potential, IMO. Good luck!
Bye BONZ
ask is thin
tiny float
nice base
strong hands took 2m shares at .0065 with a single trade today!
tiny float... huge up potential
BONZ closed the gap, its chart looks so bullish!
exactly
“Can you please confirm that not doing a RS?”
All the shares issued in connection with the acquisition are restricted.
Those restricted shares, large or small, will not come to the market since the management has no plan to sell the restricted shares based on the 10-12G.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166529682
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166524896
https://t.me/Marvion_Media
For the restricted shares, the management needs to file Form 144 with SEC before selling, and then file Form 4 for the public after selling, so we will know when they begin to sell. Anyhow, they clearly stated in 10-12G that they have no plan to sell the restricted shares.
How to Sell Restricted Stock
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166525792
bottom out
"Netflix may be interested to screen this production."
"Dropping tomorrow at 12pm (GMT+8h), HNFT for a cameo role in Forensic Psychologist!
A little birdie told us that Netflix may be interested to screen this production. So will it be as hot as “Squid Games”? Do you want to act next to Jeannie Chan - the lead actress? If your answers are “yes!”, then you must not miss the drop.
There will be a total of 6 cameo HNFT and we will be dropping one a week starting tomorrow. So don’t miss your chance to be a part of this show!"
exactly
All the shares issued in connection with the acquisition are restricted.
Those restricted shares, large or small, will not come to the market since the management has no plan to sell the restricted shares.
For the restricted shares, the management needs to file Form 144 with SEC before selling, and then file Form 4 for the public after selling, so we will know when they begin to sell. Anyhow, they clearly stated in 10-12G that they have no plan to sell the restricted shares.
How to Sell Restricted Stock
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166525792
They have no plan to sell restricted shares based on the 10-12G.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166529682
For the restricted shares, the management needs to file Form 144 with SEC before selling, and then file Form 4 for the public after selling, so we will know when they begin to sell. Anyhow, they clearly stated in 10-12G that they have no plan to sell the restricted shares.
How to Sell Restricted Stock
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166525792
They have no plan to sell restricted shares based on the 10-12G.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166529682
All the shares issued in connection with the acquisition are restricted.
Those restricted shares, large or small, will not come to the market since the management has no plan to sell the restricted shares.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166529682
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166524896
anyway they do not plan to sell those restricted shares, large or small.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166529682
They have no plan to sell restricted shares based on the 10-12G.
“There is not now and there may not ever be an active market for our Common Stock. There are restrictions on the transferability of these securities.
There currently is no market for our Common Stock and, except as otherwise described herein, we have no plans to file any registration statement orotherwise attempt to create a market for the shares. Even if an active market develops for the shares, Rule 144, which provides for an exemption from theregistration requirements under the Securities Act under certain conditions, requires, among other conditions, a holding period prior to the resale (in limited amounts) of securities acquired in a non-public offering without having to satisfy the registration requirements under the Securities Act. There can be no assurance that we will fulfill any reporting requirements in the future under the Exchange Act or disseminate to the public any current financial or other information concerning us, as is required by Rule 144 as part of the conditions of its availability"
see Page 21 of 231 in 10-12G
https://www.otcmarkets.com/filing/conv_pdf?id=15300743&guid=MnMwkKvkPi0LOth
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166524896
“There are restrictions on the transferability of these securities.”
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166526748
Julian So: " all the shares issued in connection with the acquisition are restricted."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166524896
News: Marvion™ to Launch Auction for World's First Hybrid NFT™? Cameo in "Forensic Psychologist" Film on 29 Oct 2021
https://www.prnewswire.com/news-releases/marvion-to-launch-auction-for-worlds-first-hybrid-nft-cameo-in-forensic-psychologist-film-on-29-oct-2021-301409830.html
The tradable shares (float) do matter
"no market for restricted equity"
"There are restrictions on the transferability of these securities."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166526748
"We believe that our current cash and other sources of liquidity discussed below are adequate to support operations for at least the next 12 months."
"Our sources of capital in the past have included the sale of equity securities, which include common stock sold in private transactions to our executive officers or existing shareholders, capital leases and short-term and long-term debts. We expect to finance future acquisitions through a combination of these. While we believe that existing shareholders and our officers and directors will continue to provide the additional cash to make acquisitions and to meet our obligations as they become due or that we will obtain external financing, there can be no assurance that we will be able to raise such additional capital resources on satisfactory terms. We believe that our current cash and other sources of liquidity discussed below are adequate to support operations for at least the next 12 months."
see Page 4 of 231 in 10-12G
https://www.otcmarkets.com/filing/conv_pdf?id=15300743&guid=4FMwkqio8zlYOth
“There is not now and there may not ever be an active market for our Common Stock. There are restrictions on the transferability of these securities.
There currently is no market for our Common Stock and, except as otherwise described herein, we have no plans to file any registration statement or
otherwise attempt to create a market for the shares. Even if an active market develops for the shares, Rule 144, which provides for an exemption from theregistration requirements under the Securities Act under certain conditions, requires, among other conditions, a holding period prior to the resale (in limited amounts) of securities acquired in a non-public offering without having to satisfy the registration requirements under the Securities Act. There can be no assurance that we will fulfill any reporting requirements in the future under the Exchange Act or disseminate to the public any current financial or other information concerning us, as is required by Rule 144 as part of the conditions of its availability"
see Page 21 of 231 in 10-12G
https://www.otcmarkets.com/filing/conv_pdf?id=15300743&guid=4FMwkqio8zlYOth
How to Sell Restricted Stock
1. you must hold them at least six months.
2. If you are affiliated with the company, you are limited to the amount of restricted stock you can sell in a three-month time period. you cannot sell more than 1 percent of the average reported trading volume for the prior four weeks.
3. If you are an affiliated person, you may have to file Form 144 with the SEC no more than three months before you sell your restricted stock.
https://budgeting.thenest.com/sell-restricted-stock-20916.html
Julian So: " all the shares issued in connection with the acquisition are restricted."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166524896
"If the company that issued the securities is a “reporting company” in that it is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months"
https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html
Julian So: " all the shares issued in connection with the acquisition are restricted."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166524896
hopefully, we can see their official response on restricted shares soon.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166524896
Julian So: " all the shares issued in connection with the acquisition are restricted."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166522274
Form 10-12G only registers the securities and does not create trading shares.
https://www.investopedia.com/terms/s/sec-form-10-12g.asp
BONZ Form 10-12G
https://www.otcmarkets.com/filing/conv_pdf?id=15300743&guid=4FMwkqio8zlYOth
“After the issuance of the second tranche of shares of common stock, our directors will beneficially own approximately 93.34% of our issued and outstanding shares of our common stock.”
see Page 27 of 231 in 10-12G
https://www.otcmarkets.com/filing/conv_pdf?id=15300743&guid=4FMwkqio8zlYOth
Dr. Herbert Lee, the Company's director, will become the majority shareholder of BONZ .
https://www.prnewswire.com/news-releases/bonanza-goldfields-corp-otcbonz-completes-acquisition-of-hybrid-nft-firm-marvion-holdings-limited-301408644.html
highly possible
Lots of catalysts (news on new developments) are coming.
Strong hands will be rewarded handsomely!
"We also are keeping our fingers crossed that the PR moratorium will be lifted very very soon"
https://t.me/Marvion_Media
Patience wins big!