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.
Those form 4s back in 2010 days .75 down to .30 as insiders were dumping their shares
.45 might be a good guess as to a good average what legacy guys hold.
On otcmarkets there is at least one 10-K for the period ending August 31,2009.
At this point they had 108.6M shares of common, warrants, stock options, etc. One may be able to take data from that quarterly and come up with an answer to your question.
At this point it was the American Uranium Corporadiation. After that , there may be more recent data on which one could crunch numbers.
I do hope that Belisarian has a candidate or two for a reverse merger.
THV
Not sure if it's possible but is there anyway to know what the legacy holders average cost is? I'm guessing at least sub penny but could be wrong
Maybe get one or two legacy to give up and cash out.
The wait is real.
Management Certification posted today. No convertible debt. very good .
Things are evolving. If there are any legacy shareholders, they would appear to be disinclined to do much, either buying or selling.
It doesn't cost much at this point to just wait and see .
Can't be but a few. I'd love to see the NOBO spread sheet.
I bet etrade snd Fidelity have most shares.
I should dump all my crypto and get on the spread somewhere. The crypto is in the toilet.
Someone has gotta notice their portfolio just jumped 89 fold and sell now... right? Or are all the legacy holders dead by now?
Now put those shares up for @ .37
I'd slap @ .50
Guys and gals it finally happened. Somebody slapped the ask for 106 shares. Damn I hope ya'll know something we don't. Still waiting for the legacy bagholders to dump or some starter dilution.
So true. But think Cohen is filled.
The talk was GPLS being absorbed by AZRH. Then use the GPLS shell to float the offshore hedge fund bank?
I think things can change fast with Cohen. The buy back restrictions has given that MFA a speed bump. I'm in it for the full 18 months.
The Audit has to be close which I assume will lead the the Button merger.
You have to imagine the Compsnies that survived Biden, are now looking to expand and stewing over going public.
Belarusian wants a home run too. I'm sure they will vett who ever comes in looking.
I'm thinking anything below .35 is a killer price.
Who ever holds the float can dictate what price they get. Theve been stuck this long. Why bail now. I'd hold too.
The second guessing is half the fun with these. AIKO too
LOL Chick-Fil-A on the OTC, would love to see that.
I am anticipating this one also going to Cohen, the guy loves low floats and you can't get much lower than this. Issue himself and the merging company a chunk of restricted, give us another 600k-2 million for the free float, now we're in business.
I find it hard to believe that Dilan and Cade would give this shell to a company without a reasonable shot of being successful, considering their 5 million restricted shares and the amount of work/time they had to put into this. They started the process here in what, August?
They would be smart to sell a block of restricted shares for funding first.
It all depends on what comes in.
If it's Chick Fil-a? Holy chit! $4B market cap in a snap.
If it's a cannibis play, it's dead. Or some AI thingy. There is no flavor of the month since Biden. If Fort Knox is empty, gold miners will infest the OTC.
LOL
I'm tempted to slap for a few $100. You know, a bag of groceries worth.
Hey I can finally place an order in Fidelity. Definitely not slapping that ask, will wait for things to wake up first.
I wonder if whoever takes it over will add in any dilution to start. 400k float is way too low for any liquidity, especially if the legacy bagholders are not selling.
The annual says it has 95 shareholders?
Where did they come from. 712 shares a piece average.
Hard to believe the numbers.
Fannie Mae is getting my attention this week end. I think Trump is going to make it great Agsin
I wonder if any legacy bagholders even realize their shares are tradable today to cash out for us. Until then, no volume for us
Good question.
I'm looking at the free float and price to give me a working market cap.
I exclude all restricted shares from the MC. Those are usually the control block that will make up any change of control deal. Plus they are out of the game anyways.
So I take the float X price to get a market cap.
Then a good guess what a good shell goes for?
$150k up. The sky's the limit. Ive seen many shells sold for the $150k range. A Krew like Synergy or Belasarian will take a low sells price and have a block of restricted or preferred shares if they see the incoming company euth massive potential. If not they sell the control block for as much as they can get and call it a day.
Etrade gives a MC of $4k on a 401k O/S
The float from OTCM is posted at 67,600 shares.
67,600 x .01 ain't shit. If you can get any.
Slapping the Ask might be the only way.
I'll slap for a starter then stagger my BIDs from 50% then down every 20%
There will be no volume in this.
It's dead money trying to get some.
I wind up using funds like this elsewhere.
Like on the AZRH buy back event.
I got my bid in as well. I'm just guessing on a bid price. How do you know what price?
E-trade if youre going to play OTCs you need E-trade. Or move to Canada and get a Canadian E-trade and buy EM and short penny stocks. This pisses me off.
I'd get one in Canada, but taxes are too high.
Trust me I've tried. LOL
Where are you able to buy it? Fidelity still has it restricted.
Got my first BID in.
I'll sit and add more cash next week.
I'd figure a few legacy shareholders will see it alive and say F'it
.04 x .90 is insane. Whos going to fall on that sword to buy shares? LOL
25k+ shares is my initial goal.
Pink Limited. It's Alive!
Pay the fees. Back taxes. SOS filings? Everyone needs their pound of flesh.
It's an exciting time to watch this process.
This is where we used to load the float.
Only Canadians can buy. Maybe Trump can fix that. Let us buy in margins and short OTCs.
Free will is a glorious thing. There is no reason we can not buy now. It's like buying a salvaged titled car.
I don't think it's necessary to submit filings that far back, since they filed a Form 15. They may just need these two annuals, the most recent year's quarterly reports and an attorney letter/supplemental info. I'm not completely sure though. This is just based on observations of some other non-SEC filers that have gone from Expert to Pink Current.
Will they have to file "all" the missing years since 2009 to become current?
Belisarian filed annual reports for the last two years of BUSC today:
https://www.otcmarkets.com/financialReportViewer?symbol=BUSC&id=423645
This shell has some time.
No filings or atty letter to even get Pink limited to buy.
Then the discharge.
Control can be bought at any time. It's just not going to trade. It's a sweet shell regardless. I'll be watching it too.
These are tough.
Look at TR&RI with a 450k float. Impossible to bid sit and who wants to fall on that sword for lotto shares?
But there are ways to get shares. Just take patience and how you are set up on the spread.
And depends of who buys the shell?
still expert tier- do not own any- have it on watch
Who holds any shares?
Just legacy bag holders?
I may chunk a few grand in this when it comes back alive.
This play may be too small, but I could see them increasing the OS. Start to move away from billion OS plays 50-300m OS is where you should be.
Will not be liquid and the spread will be huge.
But I sure they will trade from time to time.
Won't be tradable, too small
Now that's a huge surprise. Someone taking control of an Expert Stock.
Thanks for the heads up.
Belisarian Holdings granted custodianship of $BUSC.
We have been granted custodianship of $BUSC $ENCC and $KNBA. We will do our best to restore shareholder value to these companies and will update when appropriate.
— Belisarian Holdings (@BelisarianCusto) August 29, 2024
BUSC just snagged by a Custodian
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=MUapdWRtx4PW55h8ZaC8pg2&tabIndex=3
SS is tiny. Micro floater.
Authorized Shares
100,000,000
10/31/2022
Outstanding Shares
401,689
10/31/2022
Restricted
236,463
10/31/2022
Unrestricted
165,226
10/31/2022
Held at DTC
67,604
https://www.otcmarkets.com/stock/BUSC/security
It’s confirmed a big rumor on the street coming soon!!!
https://m.facebook.com/vicbosslv/
American Uranium Corp. changed to Blue Star Global Inc. and a one for 5 reverse split:
http://otce.finra.org/DLSymbolNameChanges
No website .. nothing for over a year .. is there still a company?
Whats going on with this stock thanks
Last Price (USD) $ 0.011
Change 0
Bid 0.015
Ask 0.03
Volume -
IRARNE
__ Longs
___mod-blocker
Followers
|
15
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
52
|
Created
|
10/12/08
|
Type
|
Free
|
Moderators |
AMERICAN URANIUM CORPORATION is a Nevada based uranium exploration and development company, which is committed to spending US $12.375 million to earn an initial 22.5% in the Pine Tree-Reno Creek project ("the Project") and a total of US $33 million over 6 years to earn a 60% interest in the Project from Strathmore Minerals Corporation
http://ih.advfn.com/p.php?pid=nmona&cb=1223852094&article=28647577&symbol=NB%5EAUUM
SEC Registraint http://ih.advfn.com/p.php?pid=nmona&cb=1223853121&article=27645885&symbol=NB%5EAUUM
Effective October 17, 2008, we amended our Articles to effect a reverse split of our authorized common stock and our issued and outstanding shares of common stock at a ratio of one new share for 46 old shares.
As a result, our authorized capital decreased from 5,000,000,000 shares of common stock with a par value of $0.00001 to 108,695,652 shares of common stock with a par value of $0.00001. Our issued and outstanding share capital decreased from 46,358,568 shares of common stock to 1,007,794 shares of common stock.http://ih.advfn.com/p.php?pid=nmona&cb=1224721059&article=28869907&symbol=NB%5EACUC
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |