Alternative Investment Corp (AIKO)

[PennyStaIker]

Perhaps a workaround has been found? Lazar applied for 4 delinquent shells just last month and he is seasoned custodian.

[Big Brother]

Hard to say, other than its its just the way it had always been done in the past. This custodian is new and fresh out of college, perhaps he's not aware that the landscape has changed this past year. If there is a chance anyone can make a few bucks in the OTC, especially when it comes to OTC reverse mergers, the regulators got to nip that in the bud.

Only place it pays now to be in the OTC, is to be a toxic convertible lender, regulators don't care about these scumbags that dump stocks into oblivion...that's A-OK..!!

[Craig305]

Thanks for the reply.
What would be the purpose of Belisarian filing the form 15 after filing all the missing ERs?

Makes no sense. You would think they would want to keep this current to be more attractive to a buyer.

[Big Brother]

OTC Markets disclosure used to be sufficient, a custodian could take over an abandoned ticker, file a Form 15 to deregister and just get current though OTC Markets Alternative Reporting Standard.......and when the shells were sold, the new incoming companies could submit name changes to FINRA and get those approved.....this is no longer the case and has not been for awhile now.

There are companies out there, that purchased shells from custodians, that continue to get their name changes denied by FINRA, due to missing SEC filings before the Form 15 was filed....all of these are filing disclosure though OTC Markets.

I think there has been a couple of companies, that had missing filings but re-registered with a Form 10-12G and got the name change approved, others that have just used the old shell name, so they didn't need to go though that FINRA process....and others, where no Form 15 was filed, just filed the missing SEC filings through EDGAR, even though they did not have all the info from the previous abandoned company.

[Craig305]

I have some followup comments/questions. Only trying to fully understand your statements...not saying you are wrong.

I can see what you are referring to when you look at the OTC Disclosure and News section VS the SEC Filings section.

I am following an OTC pink stock that has "audited" financials and is in the process of uplisting to OTCQB and none of their ER filings are listed in the SEC Filings section.

Can you expand further? Why would the OTC disclosures filed not be sufficient?

[Big Brother]

They are missing all the mandatory SEC filings between 06/30/2020 - 06/08/2023, FINRA could care less about OTC Markets ARS filings, their only chance to get a name changed approved would be to re-register with a Form 10-12G and hope FINRA will accept those missing Q's and K's....however, there is no guarantee that would happen any more these days.

[Craig305]

It appears Belisarian filed all missing past ERs before filing the form 15. The new company will only have to catch up with the most recent missing ERs depending upon when the new company merges in....right?
Technically...Q2 is due within the next 30 days. That is the only missing one.

[Big Brother]

I've always liked this one, been following for years. Back in 2018, there was going to be a merger and it ran to something ridiculous, I believe over $60.00 with ease.

Problem is, whoever he sells this too, will likely have to fight with FINRA for many months, trying to get a name change approved....and it will likely be to no avail, as they just are not approving name changes in these custodianships, where mandatory SEC filing are missing before the Form 15 was filed. That's why a lot of the custodians have vanished.

[cheusmann]

Interesting. How do you feel about this one? Think it has potential?

[Big Brother]

Back to Pink Current today, looks like he also filed a Form 15 the other day as well.

Problem with that is FINRA has not been approving any corporate actions in this type of scenario any longer, where a custodian takes over a company and files a Form 15 late when numerous mandatory filings are missing.

Dilan appears to be brand new to the custodianship game, perhaps he's not aware of this..??

http://www.linkedin.com/in/dilan-gonzalez-8545721b6/

[Big Brother]

New life for AIKO, just got taken over by a custodian, Belisarian Holdings, LLC.

https://www.otcmarkets.com/stock/AIKO/disclosure

[mojobosco]

Up 183%!!!

[ABBAZABBA]

Interesting look today. Something coming?

Go AIKO.

[tortlawyer]

https://www.otcmarkets.com/stock/AIKO/security

29 k float ...

[ABBAZABBA]

SEC 10K: https://www.otcmarkets.com/filing/html?id=13845118&guid=1S5jUnELPbSd-yh

Go AIKO. Check the float!

[ABBAZABBA]

Awesome. Thank you for the information. It sure looks like something “new” is coming. Exciting time.

Go AIKO.

[Big Brother]

Still following as well..! Another mysterious run brewing, last one went to $60 before the LOI with Anew Biotechnology was announced, but I believe that deal is dead now, so maybe he found another merger...not sure...but you got to think something is up.

[ABBAZABBA]

Wow. And then there was three!

Go AIKO. Explosive ticker! ;)

[tortlawyer]

Welcome aboard !

[ABBAZABBA]

Great find friend! Winner right here.

Beautiful 71K float.

Go AIKO. Keep smiling, I think we close to explosion.

[mojobosco]

Yes I picked up a starter position here last week, I am enjoying the ride!

[ABBAZABBA]

What up here? Can I get a show of hands of anyone in this ticker?

I never knew "Rocket ship" was spelled AIKO in "Dovahzul"? https://www.thuum.org/learn/practice/phrases.php LOLOLOLOLOLOLOL

Go AIKO. Me myself and I!

[Hanibal]

Resignation of officers filed on nvsos

[Kicko]

Real bummer, looked really interesting too

[retireat40]

Yep. Flushed my money down the crapper here. Will hold and hope until next December.

[Kicko]

Illiquid POS. Unbelievable

[retireat40]

Note the new phone number. No longer associated with EP Energy. Looks like that was a "mistake" intended to dump some shares.

https://www.sec.gov/Archives/edgar/data/1405660/000151597118000002/aiko8ka010218.htm

[retireat40]

Looks like crapola after the R/S...holding now since I am so far underwater.

[retireat40]

See it now. 2x4. The equivalent of .04 x .08 pre-split. I am a serious bagholder here. What a piece of junk.

[retireat40]

Can't even see B/A on my L2.

[retireat40]

R/S 50:1 killing me here...

[retireat40]

Looks like I screwed up here buying in the .20's. Win some, lose some.

[retireat40]

Seriously?? Unreal.

[Renee]

AIKO: effective Dec. 29,2017 a one for 50 reverse split:

http://otce.finra.org/DLSymbolNameChanges

[Big Brother]

Happy Holidays to you as well. I'll be going on break myself, will be back sometime early next year, hopefully we'll start seeing some more concrete developments here by then.

Speculating is fun, but also frustrating, I want some facts and filings to give us a better idea of what may or may be happening, otherwise this is just going to go back into hibernation, like it has been for the past couple years.

[TrendTrade2016]

left this trade. Got stuck!!

[Termiteous]

Added today!! Let’s go!!

[retireat40]

Heading out soon...won't be trading again "full-time" until after New Year. Happy Holidays to all...

[retireat40]

Someone trying to buy $11k worth at .125. Need to move that bid up lol.

[Wishful Thinking]

Adding here $AIKO

[retireat40]

.35 x .40

[MasterChi]

With some decent volume and buying pressure this should go back up with the very small float. glta

[retireat40]

Unlikely...I think some who got in around .10 are taking their profits. Not enough volume here to short.

[MasterChi]

look like CDEL shorting?

[retireat40]

.20 x .30...may have to average down here.

[retireat40]

.41 x .45 This could see $1.00 in a hurry.

[retireat40]

Yep...every shady OTC CEO is trying to jump on the bitcoin train. Most are crapola.

[Big Brother]

Yeah, I followed that one a long time too, I remember the days nobody wanted to buy that one even at .22 cents, rarely ever got any interest or volume whatsoever, then they got into crypto and....boom...!!

I can see AIKO doing the same for sure, especially if it is EPE taking it over, that immediately makes it one of the more legit plays on the OTC IMO. Unlike crypto, most of those are probably going to end up being scams, just like all the MJ tickers that popped up in the early days of the marijuana craze.

[retireat40]

I agree. KCP* ran from this level to nearly $8.00 with a similar share structure. This can easily do the same IMO.

[Big Brother]

Yep. I got what you meant. I'd say at this point I'm cautiously optimistic, but we need more details, a filing from AIKO or EPE confirming the change of control and it will be game on IMO.

A big board company, the size and quality of EPE, potentially acquiring an OTC shell, should garner a lot of interest, as it's a very rare occurrence.