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Hi_Lo you keep saying the same thing, your LP is spinning 😬
The company has said it all:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175628353
I cannot nor will I attempt to answer any questions about CIVX since 2006. All I can say, it is a mess.
James E. Shipley
(714) 814-7146
Companies with a shell history like CIVX must register with the SEC
https://www.securitieslawyer101.com/2020/form-10-registration-statement/#:~:text=Both%20public%20and%20private%20companies,subject%20to%20SEC%20reporting%20requirements.
Both public and private companies can register a class of securities on Form 10. Form 10 is also used by shell purveyors to create inventory for reverse merger transactions that take a company from private to public company status. These shells are subject to SEC reporting requirements.
Q. If a non-reporting company was a shell company twenty years ago, is it required to file a Form 10 to cure its shell status for purposes of its shareholders having the ability to rely upon Rule 144’s safe harbor?
A. Yes, if a non-reporting entity was a shell company during any time in its history, it must either file a Form 10 registration statement or a registration statement on Form S-1 in order for its shareholders to rely upon Rule 144.
No merger coming for CIVX per SEC/FINRA regulations...no matter what the CEO of a penny stock company pumps in a press release to promote his company.
CIVX is in violation of FINRA Rule 6490 because of its 13 years of missing financials and all publicly traded stocks need to conform with FINRA Rule 6490.
There is a huge gap of missing financials from 2008 - 2020 which means CIVX is in violation of FINRA Rule 6490 which will prevent CIVX from getting any corporate actions such as a merger approved by SEC/FINRA. The same thing caused GVSI's catastrophic collapse. Look at that ticker as a good example of what will happen here.
https://www.otcmarkets.com/stock/CIVX/disclosure
More proof CIVX is a dirty shell and a scam.
HOW FINRA RULE 6490 lMPACTS REVERSE MERGERS
https://www.hg.org/legal-articles/how-finra-rule-6490-lmpacts-reverse-mergers-30567
FINRA Rule 6490, has evolved since it was enacted over two years ago. For some time, FINRA has required that issuers provide expansive disclosures and supporting documentation not only for the corporate change subject to the notice but for the company’s entire corporate history from inception.
These disclosures are required of both SEC reporting and non-reporting issuers if they undertake corporate actions including reverse mergers. Compliance with Rule 6490's requirements is a minor task for companies going public by filing a registration statement with the SEC. Companies filing registration statements rarely have difficulties obtaining DTC eligibility unlike reverse merger issuers.
The public filings of companies who register with the SEC contain most of the supporting documentation required by Rule 6490.
It is no surprise that compliance with the requirements of Rule 6490 is less burdensome for companies going public using a registration statement because these companies have fewer corporate changes in their company history than companies engaging in reverse mergers. This is especially true for reverse merger issuers who undergo multiple changes of control and periods of inactivity.
The Problem with Reverse Mergers & Disclosure under Rule 6490
For companies that engage in reverse mergers as part of their going public transaction, compliance with Rule 6490's requirements can be impossible particularly when custodianship or receivership actions have been used by shell brokers to create public shells after years of inactivity. These companies may have multiple corporate actions related to prior changes of control and often have sketchy corporate histories. Some have even been hijacked through custodianship or receivership actions. In these circumstances, documents may be unavailable or if provided to FINRA, it could potentially result in FINRA referring the matter to the SEC’s Division of Enforcement.
These companies are almost always plagued with incomplete or fraudulent corporate records which make it extremely difficult for the post-reverse merger company to comply with FINRA Rule 6490. As a result, these companies may never get FINRA approval of the contemplated corporate action.
Rule 6490 Disclosures
Issuers must provide a cover letter disclosing the full corporate history for the issuer itemizing all material facts including every corporate change that has occurred from inception to present day.
Triggers for Review under FINRA RULE 6490
A FINRA review will be triggered if any of the five factors set forth in Rule 6490 are thought to be present:
• FINRA believes the forms are incomplete, inaccurate or filed without the appropriate corporate authority;
• The issuer is not current in its reporting obligations with the Securities and Exchange Commission;
• Persons involved in or related to the corporate action are the subject of pending or settled regulatory action or are under investigation by a regulatory body or are the subject of a pending criminal action related to fraud or securities law violations;
• Persons related to the corporate action are likely involved in fraudulent activities involving securities or may pose a threat to investors;
• There is significant uncertainty in the settlement and clearance process for the issuer’s securities.
Any company contemplating going public using a reverse merger must consider the potential impact Rule 6490 could have on its future corporate actions. Rule 6490 provides one more compelling reason why private companies seeking to go public should do so using a registration statement instead of a reverse merger.
Conducting effective due diligence on the shell company is essential, as merging with a “dirty” shell (i.e., a shell whose management failed to follow proper SEC reporting procedures) could prove fatal for the private company.[13] In searching for “clean” shells, private companies should consider the shell’s number of stockholders, reporting record, and how and where it is listed.[14]
Pumpers here are desperate to spread false information so as not to let the truth out.
Cavan has not verfiably denied that the company consultant Christopher Martinez - the indicted and FINRA banned ex-broker and financial advisor and consultant is not the consultant for the company.
This scammer has the same name, was a broker before getting banned by FINRA and was/is also a financial advisor and consultant.
Christopher Martinez who is CIVX's "consultant," unless verifiably proven that he's not the same individual is a shyster.
https://www.otcmarkets.com/stock/CIVX/profile
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://files.brokercheck.finra.org/individual/individual_4072355.pdf&ved=2ahUKEwjA-9CQot6GAxVj4MkDHW3DDx0QFnoECB8QAQ&usg=AOvVaw0PGAqtt2DEJXJ5Q_H6hCAm
Heck, nobody has heard from Cavan about anything in ages.
CIVX is a dead stock.
You have never been able to back any of your lying pumps with documentation.
All you do is fall back to your "fill my bid" bullshit.
But we already know your track record with the truth.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174623127
How are your stock picks CNNA, SAPX, GVSI, MEDH, CIVX, and BCAP doing? LOL!!!
You can't seem to pick a winner.
I'm hoping this hilo guy fulfills my bids. It's at low price right now.
I cannot nor will I attempt to answer any questions about CIVX since 2006. [bAll I can say, it is a mess.
James E. Shipley
(714) 814-7146
I'm hoping this hilo guy fulfills my bids. It's at low price right now.
please go away if you don't believe in this stock
Please Hi_Lo get a life and get a good job instead of telling bulshit here, please go away if you don't believe in this stock😪
Locked n Loaded at rock bottom for the next run up 🚀
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175628353
Directly from the company:
I cannot nor will I attempt to answer any questions about CIVX since 2006. All I can say, it is a mess.
James E. Shipley
(714) 814-7146
Will easily get corporate actions just like CATI did today. Name changes going through FINRA easily these days. Even non registered, expert market, missing filings tickers like CATI are getting corporate actions. Must have a pea sized brain to not see this kind of action recently.
CEO says watch OTCM Disclosure. That's where shareholders are looking for the updates. We get a reverse merger and acquisitions then a Xwitter account will pump it up to .01 for a 2025 yuge run 🚀
Must be real slow to not understand how this stuff works. It happens when the CEO finds the assets. Super clean ticker here waiting for the goodies 🚀
Doesn't need to be SEC registered.
Doesn't need to be SEC registered. Fully Pink Current via OTCM. Trades Pink Current. All requirements satisfied. CEO says follow OTC Disclosure. That's exactly what shareholders want. Very low Float and ready for the next run up 🚀
I knew you couldn't back up your "missing financials from years ago mean nothing here" bullshit.
That's because it is a total lie to try to manipulate people here and you know it.
That's why you can't provide any documentation for any of your lies.
Fully Pink Current and clean for corporate actions.
I dumped on your asses.
Rode this from EM .0002 to .0010 PC
Rode this from EM .0002 to .0010 PC, now it's time to do it again! Reload time is now. Ready for reverse merger and acquisitions this year. Fully Pink Current and clean for corporate actions.
This is fully OTC Alternate Reporting Standard compliant. The missing financials from years ago mean nothing here.
FINRA Rule 6490, has evolved since it was enacted over two years ago. For some time, FINRA has required that issuers provide expansive disclosures and supporting documentation not only for the corporate change subject to the notice but for the company’s entire corporate history from inception.
These disclosures are required of both SEC reporting and non-reporting issuers if they undertake corporate actions including reverse mergers. Compliance with Rule 6490's requirements is a minor task for companies going public by filing a registration statement with the SEC. Companies filing registration statements rarely have difficulties obtaining DTC eligibility unlike reverse merger issuers.
The public filings of companies who register with the SEC contain most of the supporting documentation required by Rule 6490.
It is no surprise that compliance with the requirements of Rule 6490 is less burdensome for companies going public using a registration statement because these companies have fewer corporate changes in their company history than companies engaging in reverse mergers. This is especially true for reverse merger issuers who undergo multiple changes of control and periods of inactivity.
The Problem with Reverse Mergers & Disclosure under Rule 6490
For companies that engage in reverse mergers as part of their going public transaction, compliance with Rule 6490's requirements can be impossible particularly when custodianship or receivership actions have been used by shell brokers to create public shells after years of inactivity. These companies may have multiple corporate actions related to prior changes of control and often have sketchy corporate histories. Some have even been hijacked through custodianship or receivership actions. In these circumstances, documents may be unavailable or if provided to FINRA, it could potentially result in FINRA referring the matter to the SEC’s Division of Enforcement.
These companies are almost always plagued with incomplete or fraudulent corporate records which make it extremely difficult for the post-reverse merger company to comply with FINRA Rule 6490. As a result, these companies may never get FINRA approval of the contemplated corporate action.
Rule 6490 Disclosures
Issuers must provide a cover letter disclosing the full corporate history for the issuer itemizing all material facts including every corporate change that has occurred from inception to present day.
Triggers for Review under FINRA RULE 6490
A FINRA review will be triggered if any of the five factors set forth in Rule 6490 are thought to be present:
• FINRA believes the forms are incomplete, inaccurate or filed without the appropriate corporate authority;
• The issuer is not current in its reporting obligations with the Securities and Exchange Commission;
• Persons involved in or related to the corporate action are the subject of pending or settled regulatory action or are under investigation by a regulatory body or are the subject of a pending criminal action related to fraud or securities law violations;
• Persons related to the corporate action are likely involved in fraudulent activities involving securities or may pose a threat to investors;
• There is significant uncertainty in the settlement and clearance process for the issuer’s securities.
Any company contemplating going public using a reverse merger must consider the potential impact Rule 6490 could have on its future corporate actions. Rule 6490 provides one more compelling reason why private companies seeking to go public should do so using a registration statement instead of a reverse merger.
Conducting effective due diligence on the shell company is essential, as merging with a “dirty” shell (i.e., a shell whose management failed to follow proper SEC reporting procedures) could prove fatal for the private company.[13] In searching for “clean” shells, private companies should consider the shell’s number of stockholders, reporting record, and how and where it is listed.[14]
Missing financials mean nothing anymore. FINRA is processing corporate actions.
CATI is a ticker that has huge gaps in missing financials, is in Expert Market, and got a Name Change today. This proves that missing financials from years ago mean nothing anymore in the current OTC Market.
This is fully OTC Alternate Reporting Standard compliant. The missing financials from years ago mean nothing here. OTCM quotes this and it trades Pink Current.
Missing financials mean nothing anymore. FINRA is processing corporate actions.
CATI is a ticker that has huge gaps in missing financials, is in Expert Market, and got a Name Change today. This proves that missing financials from years ago mean nothing anymore in the current OTC Market.
Nonsense is being spread here at an alarming pace.
CEO has updates coming for us.
The missing financials are making CIVX SEC delinquent, violates FINRA Rule 6498 and means there is a SEC/FINRA restriction on any CIVX corporate actions.
CIVX will never recover from those missing financials.
Here is what Google AI has to say concerning the matter:
https://tinyurl.com/2a8m6rpe
No, a company cannot become "SEC current" with missing financial reports from 15 years before; the SEC requires companies to file all necessary periodic reports, including historical financial statements, even if they are significantly delayed, meaning a company must eventually file missing reports from previous years to be considered current with their filings.
You need a link to common sense?
Jim has the experience and willingness to get this done.
You need a link to common sense? Sorry can't help you there. Maybe ask your psychiatrist.
Jim has the experience and willingness to get this done.
Read and weep what?
You haven't proven anything, and your post doesn't even have a link for verification - again not that it proves anything.
Pumpers grasping at straws.
The financials from 2008 - 2020 are still missing.
READ AND WEEP
Steps to Address Missing Financials
If financials are missing or incomplete, the company must:
1. **Prepare Historical Financials**:
- Reconstruct or prepare financial statements for the required periods, ensuring they are audited or reviewed as necessary.
2. **Engage an Independent Auditor**:
- Hire a qualified CPA firm to audit the financial statements and provide an opinion on their accuracy.
3. **File Amendments or New Reports**:
- If the company is already public, it may need to file amended reports (e.g., amended 10-K or 10-Q) to include the missing financials.
4. **Explain Delays or Gaps**:
- If historical financial data is unavailable, the company must explain why and provide alternative disclosures, though this may not guarantee SEC acceptance.
IN SHORT IT IS POSSIBLE TO REGISTER WITH THE SEC AGAIN!!!
Companies with a shell history like CIVX must register with the SEC.
https://www.securitieslawyer101.com/2020/form-10-registration-statement/#:~:text=Both%20public%20and%20private%20companies,subject%20to%20SEC%20reporting%20requirements.
Both public and private companies can register a class of securities on Form 10. Form 10 is also used by shell purveyors to create inventory for reverse merger transactions that take a company from private to public company status. These shells are subject to SEC reporting requirements.
Q. If a non-reporting company was a shell company twenty years ago, is it required to file a Form 10 to cure its shell status for purposes of its shareholders having the ability to rely upon Rule 144’s safe harbor?
A. Yes, if a non-reporting entity was a shell company during any time in its history, it must either file a Form 10 registration statement or a registration statement on Form S-1 in order for its shareholders to rely upon Rule 144.
Hi_Lo please go away and find another hobby!!!!!🤮
Looks like we are about to start heading back up again.
Lime Time: I'm waiting since 2006 for this moment, that's how long I have my stocks🙃
Looks like we are about to start heading back up again. No dilution here. Can hit .01 with good updates.
Just posting DD.
Another bad day -25%.
And I'm not the only one posting negatively about the company:
"It's a mess."
James E. Shipley
CIVX
Hi_Lo what is your point here? Always negative, please go away if you don't believe in CIVX!!!
There is no way this us getting current with financials from 2007 - 2020.
There is no way this is getting current with missing financials from 2007 - 2020.
Haven't posted much because the company pretty much said it all for me:
"It is a mess."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175628353
There is no way this us getting current with financials from 2007 - 2020. That's 13 years of missing financial statements.
These is no way that CIVX can balance the books with so many years of missing financial data going back so long which is in direct violation of FINRA Rule 6490 which, in turn, means there is a SEC/FINRA restriction on CIVX's corporate actions approval such as a merger or name change until that whole "mess" is fixed which it never will be because of the 13 year gap of missing financial data which makes CIVX delinquent with the SEC..
He always disappears when it’s bout to run and bashes to get more shares on come down
Is there movement here and where is Hi_Lo???? 😀
It's a good start. No dilution here, so most likely see a run up soon. On watch.
Acquiring subs is the way to go instead of a merger.
one thing is true that Hi_Lo is saying that it takes a hugh time to put this company in line with the rules, already 2 years they took over 1780 !!!!
Not really.
Haven't posted much because the company pretty much said it all:
"It is a mess."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175628353
they are trying to make it a better company
Good buy opp
Directly from the company:
I cannot nor will I attempt to answer any questions about CIVX since 2006. All I can say, it is a mess.
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