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RENEE
https://www.streetinsider.com/SEC+Filings/Form++SC+13G+++++Advantego+Corp+++++++++++++++++++++++++Filed+by%3A+ADAR+ALEF+LLC/18486182.html
SEC Rule 13d-1(c) allows certain beneficial owners of a company's stock to file a short-form Schedule 13G instead of the longer, more detailed Schedule 13D. This option is available to investors who acquire more than 5% of a covered class of securities but do not intend to influence or control the issuer. They must file the Schedule 13G within five business days after the acquisition.
Here's a more detailed explanation:
Schedule 13D vs. 13G:
Schedule 13D is a comprehensive disclosure document required when a person or group acquires more than 5% of a company's voting stock. Schedule 13G is a shorter, more streamlined form that can be used in certain situations, primarily for passive investors.
Who can use Rule 13d-1(c)?
This rule allows "passive investors" to file a Schedule 13G instead of Schedule 13D. A passive investor is defined as one who acquires securities without the purpose or effect of changing or influencing the control of the issuer.
Filing Deadline:
Under Rule 13d-1(c), passive investors must file their initial Schedule 13G within five business days of acquiring beneficial ownership exceeding 5%.
Key Requirement:
The core requirement for using Rule 13d-1(c) is that the investor's purpose in acquiring the securities must not be to influence or control the issuer.
Example:
A mutual fund that acquires shares in a company for investment purposes, without any intention of influencing management decisions, could likely utilize Rule 13d-1(c) and file a Schedule 13G.
Structured Data:
The SEC has recently adopted rules requiring all Schedule 13D and 13G filings to be in a machine-readable XML-based format to improve data accessibility and analysis.
Email I Received yesterday from Gregory McAndrews:
1.mr. ferguson found no value in keeping the nv listing you inquired about recently.
2.look to OTC Markets for their new policy on listings. introduced OTCID on July 1 and have different policies on reporting.
3. I was on a Zoom with Joe Oltmann of OTC Markets mid-June and it was my understanding that Expert Market is still a thing, but that they were rolling back listing according to some formula that wasn't clear to me.
4.before you ask, the company continues to review DDs on business combinations but nothing immenent.
Once a company's SEC registration has been revoked the stock forfeits its CUSIP and ticker. The shares still exist but cannot trade on any public market.
The only way a company can regain the stock CUSIP and ticker is to file audited Financials for a minimum of 2 years or since their last filed Financials to the SEC. OTC Markets has no input whatsoever.
Read this board to understand the effects of a company's revoked SEC Registration.
https://investorshub.advfn.com/SEC-Suspensions-and-Revocations-25334
And now what options are there for this to become Pink Current again?
Settlement as it was good or that we are all screwed? Not that can get more screwed at this point 🤪
43.74M shares in volume today???
A tease of nothing?
Or, a signal of what is to come because of the settlement 4 months ago????
Does anyone know anything about the cancellation of shares?
Maybe if we all send some business opportunities they could find something and get this ball rolling
This one may come back at some point
Cancellation of actions? How many shares do they cancel?
Quite a bit of volume ....something is brewing here
Is thing going to take off?!? Interesting volume...
Yesterday in the after-hours, 11 million shares were purchased, is there anything coming?
ADGO..I'M NOTICING CHANGES🧐
I haven't seen Prodesys Inc on this site before: reservicestech.com
Service of ADGO
$6m revenue!
REservicestech link here
advantego.com/?s=Real+estate+
Corp link=REST!
rocketreach.co/prodesys-profi…
prodesys.com
$ADGO..I'M NOTICING CHANGES🧐
— 💥Aries⁰⁰⁰Stocks💥 (@BizWrld) October 27, 2024
I haven't seen Prodesys Inc on this site before: https://t.co/ypGb3NKwvF
Service of $ADGO
$6m revenue!
REservicestech link herehttps://t.co/tUDaBg6S6t+
Corp link=REST!https://t.co/9ApbXjomG6https://t.co/VVo8TGy3CW#OTC#stocks$RDAR$AAPJ pic.twitter.com/K7Dbrg0B2Y
I don’t expect it but will laugh if we get a single filing in October again
Gladiator
looks like you are still in the colosseum after missing the Battle of Thermopylae
Something doesn’t “add up” (pun intended)
He probably doesn't know what to say, think those auditors only put in one number a day and then done working
Their working slots are from 10 to 10:05
And maybe a double shift from 2 to 2:05
Then vacation for 6 months
Gregory not even responding to emails anymore. Just asked if auditors were still working on the filings. This is probably not coming back (but we pretty much knew that already)
At this point nothing else to do but HOLD
\(^_^)/
Would be killer if this sucker took off
I still have my 10m shares. No point selling for $10
Someone tired of waiting or forced liquidation
I was just mentioning the volume.
The question is, why?
Yes, but all that happened here was a dump at five zeros. The entire volume was worth 144 bucks. There was no real buyer involved.
160M in volume, biggest volume since late 2022.
Too bad it is on the expert market, not likely coming off that market.
OS update. 2% reduction. Something happening maybe, hopefully
Seems a few trades this week, maybe another historical filing coming to get this one more small bit closer to viable
This sucks. Why even bother filing those few Qs, to get our hopes up for nothing
Come freaking on let's gets the ball rolling!!!!!!!
Happy New Year to everyone except ADGO management and Pinnacle Accountancy Group of Utah
Hoping management is watching and working hard
Yeah, I was hoping they would drop the rest all at once after a 1 year wait. 1 filing/year is not going to cut it
Too bad it’s only up to 06/30/2020….
Sure seems like they mean business
Very professional and hopefully motivating to the auditors
The company just distributed this message. Sounds like they mean business this time. GLTA!
ADVANTEGO CORP (ADGO) - Quarterly Report for Quarter Ending June 30, 2020
ADVANTEGO FINANCIAL REPORT – COMPANY RESUMES FILINGS
ADGO QUARTERLY REPORT FILED FOR QUARTER ENDING JUNE 30, 2020
SUBSEQUENT QUARTERS AND FISCAL YEARS TO FOLLOW
The audited financial disclosure for the Quarter Ending June 30, 2020 can now be accessed via the company’s website at: www.advantego.com or directly via this link for the filing located at sec.gov.
All subsequent reports will be made available through these same sources as soon as they are posted.
A few notes addressing expected questions regarding this filing:
· No further comment will be made by order of the Board until all delinquent filings are brought current. Only at that time will it be prudent to discuss the future plans of the Company regarding operations and financing.
· The Board will not forecast the timelines of the auditors in providing additional quarterly reviews and year-end audits; however, the “Subsequent Events” section in this filing has already been updated thru October 4th, 2023, which should help expedite matters.
Besides being wacky MM's what really is the point of the trades today? Guess still some movement but really 200 shares at 0.000001
(^_^)
That would have to be a lot faster.
I heard from Greg as well today no promises but I believe things should start moving forward faster now.
No activity at all? I realize, they didn’t exactly score with us in the past year, but I absolutely expected at least a few trades.
If they hope to finish in 2023, they‘re going to have to report more than once a week on average. That doesn’t seem likely, unless they eventually drop an entire bunch of reports at once. If they do, we could move past TZ1 quickly.
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