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Agreed, way more here than a fluff RS mentioned in the letter. No one mentioned the date set? There is none, just in the companies voting procedure. Lucky to grab these. GLTA TBSS.
The first positive filing will send back to .02.
MORE TO COME ...
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from the filing , which by the way says "intends", not finalized
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Quote
"The Company will provide disclosures on the matter above upon any material events obtained from this event."
$TBSS, loaded up today . will continue.
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Richard Chiang has to much experience in SEC and these custodianships, staying on as Advisor.
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These folks have a strategy .. read the filings.. more to come .
Oh baby up 1.32% $$$ here we go
Yup $TBSS GREEN LOL
F this stock, I’m holding .0107 and will wait a little I guess.
Could be a while before Firna approves
$TBSS I would Pee myself if they issue/file a correction on the R/S stating it was for the wrong company/shell they are taking over
Company acknowledges no shares to be issued or diluted in filings.
I agree100%! His other Successful R/M DEV* a legitimate Development company. This story is not done IMO. GLTA
This all comes down to trust. For me I doubt that Chiang would merge with some garbage Co just to unload this shell. I think the RM triggered the dump but as more info becomes available the buyers will return. IMO
Dcab, I’m buying more today at these prices. GLTA
I am not selling any shares and I think that there will be many surprised by what is coming.
Also, In my experiences with RS Name Changes etc, your brokerage firm will charge you a fee for these changes, and the stock gets halted, and unable to trade. until it gets relisted. Its a real nightmare. IMO . Also look at my primary holding stock. They are building share holders value, dealing with AUTISM and how they maybe able to change the brain chemistry to make it a thing of the past. BIO play, unlimited upside
Nope. It has already been approved.
Read the filing.
“The Company’s Board of Directors and holder of the majority voting power of the Company approved a name change, ticker symbol change and a reverse stock split.”
UPCO got their RS denied, could happen here
I recall that they announced they were rescinding those shares, as I was posting here at that time. But the below statement might indicate that it never happened. It could be sloppy filing of bad information but that seems unlikely.
On March 3, 2015, TBSS International filed a complaint in the District Court in the County of Clark, State of Nevada against its former president, CEO and director, Todd Spinelli. In that complaint TBSS alleges breaches of fiduciary duties, breaches of contracts, fraud and unjust enrichment against Mr. Spinelli. In additional to seeking damages, the complaint prays for declaratory relief which would rescind various loans and other transactions Mr. Spinelli claims to have made with, or on behalf of, TBSS and seeks judicial rescission of the issuance of 40,000,000 shares of TBSS common stock previously issued to Mr. Spinelli.
I posted about the Spinelli 24% ownership because it showed up in the quarterly for 9/30/19.
https://backend.otcmarkets.com/otcapi/company/financial-report/231894/content
RS myth is that your value dont change just your share count! False! RS means dumpathon until Daily list hits FINRA! Then see if your value is still the same LOL!! Real mult-Million$$ Merger where I hang out at! Worth a look!
Reliability before these jokers take all your money and shares!!
Mr SLOJAB
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that person is being taken care of in this transition is my belief.
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See the previous filings.. his shares were recinded ...
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see link on 8-k frm 2015
https://www.otcmarkets.com/filing/html?id=10538179&guid=CJwSUFHS951K-yh
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While others are putting their opinions in....
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IMO ... this is Richard Chiang at his best and that
TODD SPINELLI , former CEO and President back in 2015 ,
that had the TBSS folks at that time take him to LEGAL
to RECIND his 40,000,000 million shares ..
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Folks those are coming back , currently he shows as a
shareholder, however Richard Chiang became the custodian
and new CEO ... all changed with Richard and now James KOH .
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Spinelli , the scammer is long gone and so are his shares
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This is NOT OVER by any means
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All a Strategy ...
While others are putting their opinions in....
--
IMO ... this is Richard Chiang at his best and that
TODD SPINELLI , former CEO and President back in 2015 ,
that had the TBSS folks at that time take him to LEGAL
to RECIND his 40,000,000 million shares ..
--
Folks those are coming back , currently he shows as a
shareholder, however Richard Chiang became the custodian
and new CEO ... all changed with Richard and now James KOH .
===
Spinelli , the scammer is long gone and so are his shares
--
This is NOT OVER by any means
--
All a Strategy ...
I am sure he knew it would happen.
But why would he care. His goal is to sell the shell and make money.
Shareholders don’t mean anything to him.
That’s what I did. I didn’t expect RS.
But no guarantees Richard koh was going to be the one we wanted.
So I was actually selling most of the day today. Lol
Got on freebies. Then the bad news.
Locked in rest of profits on way down.
Sucks to leave more on table.
But RS crushes stocks fast. Have to be quick.
So not too disappointed.
Koh is an idiot . this would have run to .25-.50 easy . then he could have raised the as and it wouldn't be a big deal . this ticker is marked now
Thanx, will be back at the bell. Got to eat. GLTA TBSS.
Mr Slojab noted and respected... TIME will tell
R/S ratios in the thousands only happen with stocks in the trips.
I wonder how the company goes about setting a R/S ratio with speculation running it to higher levels. And when was the ratio set? When the sp was at $.005, which would indicate they wanted the sp at $.50 or did they just want the O/S at 1.66M and the sp didn't matter?
The spread between A/S and O/S is enough to issue shares to raise cash without a R/S.
If I had held for weeks instead of months I’d be happy with my return here. I still made money. Nobody goes broke taking profit.
Mr Reeper , thanks for the info coming out. This is NOT OVER by any means,
but all need to know what they are dealing with . The next few days and weeks will show all the next paths to take
Securities Counsel
Name: Darian Andersen Firm: General Counsel, P.C. 1015 Waterwood Parkway, Suite G-A1 Edmond, OK 73034 Phone: (405) 330 2235 Email:darianandersen@gmail.com
Mr SloJab
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My thoughts is was some of both .. not the James Koh ... and any mention
of a R/S sends folks running .
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However
a. Richard Chiang knows what he is doing in the SEC and OTC Market place
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b. Richard is the advisor to James Koh .. he is doing his normal format
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c. The R/S like one of the other scams could have been in the thousands ,
however is 1/100 and there is NOT CONFIRMED DATE at all. So need to
ride that out .
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d. Lets see how this unfolds in the next few days ... remember the other filings were done to go current .. it was NOT JUST ONE FILING ON A R/S,
far from it
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thanks
The game is full of lessons, and the game never ends.
Learn, pat yourself on the back, and get it back next time.
Think 1000 trades ahead, as this is only 1 of those trades.
Good luck
I have also, its normally a friendly investor wanting in or in this case the CEO is matching the entering company shares and does not have an OTC lawyer to aid in the transition. Any more DD could help. soon James will be asking us where his TP is.
He could've said no to the R/S.
I’ve seen it happen before where they canceled the RS after it was in the first filing. I’m out for now though.
Yeah, maybe it was the realization that the billionaire that owned Fragrance wasn't taking the company public through TBSS and not the R/S that sent the stock plummeting.
TBSS RM, Fintech, crypto, card pay services. Could very well be correct. Now there is BlueOne inc. , ASW and Monetiva Inc. Wondering how this is going to play out. Will we see all three merge or does one prevail with James koh as controlling officer. Taking a break for now. GLTA TBSS
lol. not his fault everyone speculated it was a different James Koh
8M shares just coincidence? I doubt it. There is your reasoning behind the possible RS. If he uses an OTC lawyer or consultant we could possibly see this RS being revoked in months to come. GLTA TBSS
Its like freakin Russian Roulette out here
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