Castellum Inc (CTM)

[Corvusanalyst]

POTOMAC, Md., April 18, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces the closing of its acquisition of Lexington Solutions Group (“LSG”), a $4 million government contractor focused on information operations.

“We are pleased that Boyd Brown and his team at LSG have joined Castellum,” said Mark Fuller, President and CEO of Castellum. “Due to some organic growth, the addition of LSG now pushes Castellum above $43 million of annualized revenue on a run-rate basis. We also have identified several other potential acquisitions which fit our strategy and hope to be able to do one or more of those deals later this year. Additionally, we have made progress on our up-listing plans, which we intend to share publicly in the near future.”

[justicewillbesoon]

RFB--"The transactions we announced today are powerful for our shareholders. They both provide Castellum with the capital needed to pursue an uplisting while restructuring Castellum's capitalization table in an accretive way," said Mark Fuller, President, and CEO of Castellum. "We are excited to be working with Crom Cortana Fund LLC, a capital source backed by successful entrepreneurs who understand what it means to grow a company. The uplisting will provide greater liquidity for our stock and further enhance the aggressive pursuit of our growth objectives."

"We saw in Castellum an exciting opportunity to help restructure and recapitalize a company with a highly competent executive team proving its growth strategy for a listing on a national exchange," said Liam Sherif, General Partner at Crom Cortana Fund. "Both the combination of reliable revenues derived from long term government contracts and exposure to secular tailwinds that encourage U.S. government investment into cybersecurity WITH PR"S LIKE THIS WILL BE VERY VERY DIFFICULT TO GET PRICE BACK TO .12 CENTS I DO BELIVE

[RFB]

Hey, ONOV got some volume, Yeah!!! Imagine if a few hundred traders knew about the positive things going on at ONOV?! Crazy times indeed. Hopefully they can move this along quickly and continue to keep shareholders informed. Still dont know entirety of balance sheet - but revenues are not lacking, that I am positive about...just done know what they are paying for all these acquisitions and total share structure/instruments/debt they are leveraging...

[Thugmuffin]

$ONOV Castellum, Inc. Announces Accretive Restructuring and $1.5 Million Investment for Uplisting from Crom Cortana Fund LLCPress Release | 04/07/2022

POTOMAC, Md., April 07, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces that it has received $1.5 million in new investment capital from Crom Cortana Fund LLC to finance the uplisting of Castellum's common stock to a listed exchange later this year. Additionally, Castellum restructured its Series A convertible preferred stock and paid down $500,000 of its convertible debt to enhance the Company's capitalization table ahead of the expected uplisting. The net effect of the transactions reduces the fully diluted share count of the Company by more than 8% while giving the Company the capital necessary to hire outside advisors and start to take the requisite steps for the uplisting.

"The transactions we announced today are powerful for our shareholders. They both provide Castellum with the capital needed to pursue an uplisting while restructuring Castellum's capitalization table in an accretive way," said Mark Fuller, President, and CEO of Castellum. "We are excited to be working with Crom Cortana Fund LLC, a capital source backed by successful entrepreneurs who understand what it means to grow a company. The uplisting will provide greater liquidity for our stock and further enhance the aggressive pursuit of our growth objectives."

"We saw in Castellum an exciting opportunity to help restructure and recapitalize a company with a highly competent executive team proving its growth strategy for a listing on a national exchange," said Liam Sherif, General Partner at Crom Cortana Fund. "Both the combination of reliable revenues derived from long term government contracts and exposure to secular tailwinds that encourage U.S. government investment into cybersecurity efforts were major factors in our investment thesis."

About Castellum, Inc.:

Castellum, Inc. (OTC: ONOV) is a technology service and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering, and Software Development.

About Crom Cortana Fund:

Crom Cortana Fund is a New York City-based investment firm focused on special situation investment opportunities across the growth spectrum. Managed by Liam Sherif and John Chen, the firm is advised by several successful public market entrepreneurs who lend a unique combination of operating and venture capital experience that enable Crom to be a value-add investor. Notable investors include Raghib Hussain and Tarek Sherif. Crom invests in companies with high-quality management teams with proven operating capabilities seeking to establish themselves as leading competitors in their field.

Forward-Looking Statements:

This release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date. In evaluating such statements, prospective investors should carefully review various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Contact:

Mark Fuller, President & CEO

[e-mail]

301-961-4895

A graphic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fcf99310-7ec1-4366-9f26-fa840a34fbaf

[RFB]

Thats how the market works! Buy them up!!! LOL...

[justicewillbesoon]

i care while you were staying short i was continuing to buy are you aware of how powerful a connection onov just made -- [i love the fact that a i can still have NO competition for shares that are available

[RFB]

Dont disagree in the least...but apparently no one cares!!!

[justicewillbesoon]

to RFB---this should knock you out Castellum, Inc. Announces Accretive Restructuring and $1.5 Million Investment for Uplisting from Crom Cortana Fund LLC
Press Release | 04/07/2022
POTOMAC, Md., April 07, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces that it has received $1.5 million in new investment capital from Crom Cortana Fund LLC to finance the uplisting of Castellum's common stock to a listed exchange later this year. Additionally, Castellum restructured its Series A convertible preferred stock and paid down $500,000 of its convertible debt to enhance the Company's capitalization table ahead of the expected uplisting. The net effect of the transactions reduces the fully diluted share count of the Company by more than 8% while giving the Company the capital necessary to hire outside advisors and start to take the requisite steps for the uplisting.

"The transactions we announced today are powerful for our shareholders. They both provide Castellum with the capital needed to pursue an uplisting while restructuring Castellum's capitalization table in an accretive way," said Mark Fuller, President, and CEO of Castellum. "We are excited to be working with Crom Cortana Fund LLC, a capital source backed by successful entrepreneurs who understand what it means to grow a company. The uplisting will provide greater liquidity for our stock and further enhance the aggressive pursuit of our growth objectives."

"We saw in Castellum an exciting opportunity to help restructure and recapitalize a company with a highly competent executive team proving its growth strategy for a listing on a national exchange," said Liam Sherif, General Partner at Crom Cortana Fund. "Both the combination of reliable revenues derived from long term government contracts and exposure to secular tailwinds that encourage U.S. government investment into cybersecurity efforts were major factors in our investment thesis."

About Castellum, Inc.:

Castellum, Inc. (OTC: ONOV) is a technology service and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering, and Software Development.

About Crom Cortana Fund:

Crom Cortana Fund is a New York City-based investment firm focused on special situation investment opportunities across the growth spectrum. Managed by Liam Sherif and John Chen, the firm is advised by several successful public market entrepreneurs who lend a unique combination of operating and venture capital experience that enable Crom to be a value-add investor. Notable investors include Raghib Hussain and Tarek Sherif. Crom invests in companies with high-quality management teams with proven operating capabilities seeking to establish themselves as leading competitors in their field.

Forward-Looking Statements:

This release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date. In evaluating such statements, prospective investors should carefully review various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Contact:

Mark Fuller, President & CEO

[e-mail]

301-961-4895

A graphic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fcf99310-7ec1-4366-9f26-fa840a34fbaf

[Corvusanalyst]

POTOMAC, Md., April 07, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces that it has received $1.5 million in new investment capital from Crom Cortana Fund LLC to finance the uplisting of Castellum's common stock to a listed exchange later this year. Additionally, Castellum restructured its Series A convertible preferred stock and paid down $500,000 of its convertible debt to enhance the Company's capitalization table ahead of the expected uplisting. The net effect of the transactions reduces the fully diluted share count of the Company by more than 8% while giving the Company the capital necessary to hire outside advisors and start to take the requisite steps for the uplisting.

[justicewillbesoon]

RFB--GREAT CONNECTION JUST ANNOUNCED

[RFB]

And now we have a line of credit....company getting into debt financing....an OTC get involved in debt financing...NO WAY! This is the beginning of the end!!! I like how they state it is for acquisitions, uplisting and "other projects"... dont they have positive cash flow, hence profits to do this with...appears they want paid now and going to lever hard...just keep an eye on the financing terms, IF YOU CAN...lol. And why only 950,000....should be more given size/portfolio of ONOV...Hmmmm

[RFB]

If she drops to .12, I will very much enjoy flipping the short...may even flip some at .15 ballpark, there are just not that many sellers down at these prices...but I know there is one weary trader out there that thought they were going to get rich quick here, they will dump it soon enough with how quiet the company is and the fact they are failing to move to a better exchange (I have my reasons for why they are failing to do so ;) Since August timeframe of last year, this has turned into a sleeper....Zzzzz

[justicewillbesoon]

RFB--JUST..03 cents more to go--you should be very happy this close to your goal

[RFB]

Knowing an OTC security is going to go down is like knowing the sun will come up. Ca CHING!!!! Money!!!

[RFB]

So easy to take down on so little volume...so many weak hands here. This short going to pay out large soon

[RFB]

It take so little volume to mess with this ticker...hmmmm?

[justicewillbesoon]

you will not see that any time soon---sorry

[RFB]

Back to .12! Back to .12! Back to .12!!!!

Come on baby, keep dumping those shares!!!

[RFB]

And again, why we keep a short in ONOV...MMs/Insiders/Manipulators churning shares for their own respective gains. EVERY OTC SECURITY SHOULD BE SHORTED!

[justicewillbesoon]

who hacked my acct not my posts

[justicewillbesoon]

no volume---

[RFB]

EVERY STOCK on the OTC should have a short hedge. EVERY SINGLE ONE...there are way too many corrupt players here. I am a plaintiff on a suit currently in the penalty phase on a federal lawsuit on a securities crime. I only lost 700 on that small fry, but glad to be part of those that refuse to go away and have since realized about the antics that occur on the OTC marketplace. This gentleman will likely face 1-3 years in prison. Fool me once, shame on you, fool me twice, shame on me...

My eyes are wide open and I assure you, I see the forest, all of it.

[justicewillbesoon]

RFB---i think you do not see the forest for the trees--this is just the the one in a million stocks that get out of the pinks into the real world 0f legitimate stocks and should not be shorted --

[RFB]

Some yahoo buys over 20K on the ask, displayed at 2500 shares, all morning at .2095 and ask/bid dont even flinch....THIS is why I have a solid short in place on ONOV....This is OTC land where nearly everyone is corrupt, even the market itself...

[RFB]

Never disagreed with that sentiment, but this is OTC....can never view a security on this exchange as totally safe.

[justicewillbesoon]

RFB---not in this case-careful this one is a winner

[RFB]

while increasing the value of my long position...question is, which position is larger. ;)

In short, I dont hold OTC securities for long...there are way too many corrupt players here...WAY TOO MANY!!!

[justicewillbesoon]

who are you kidding every point up takes away profit from the short position

[Corvusanalyst]

POTOMAC, Md., Feb. 25, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces the signing of a “Definitive Purchase Agreement” to acquire Lexington Solutions Group (“LSG”), a $4 million government contractor focused on information operations - www.lexsg.com. Castellum had previously announced the “Letter of Intent” for LSG in late December 2021. Subject to customary consents, the parties hope to close the acquisition within the next six weeks.

“Having completed our due diligence, we are thrilled to have Boyd Brown and his team at LSG join Castellum as they expand our capabilities in the area of Information Operations,” said Mark Fuller, President and CEO of Castellum. “The addition of LSG should push Castellum above $42 million of annualized revenue on a run-rate basis. We also have identified several other potential acquisitions which fit our strategy and hope to be able to bring at least one of them into the fold soon as well.”

“On behalf of LSG, I am very pleased to be joining with Mark and the Castellum team,” said Boyd Brown, President of LSG. “Combining with Castellum will give LSG much greater scale and capability to support and grow with our government clients from Maryland to Florida.” About Castellum, Inc. Castellum, Inc. (OTC: ONOV) is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare and engineering services space.

[RFB]

You ASSume too much! I have already made money on my short as it was placed at much higher prices when it initially ran up to .28 price point and above. I could sell all of it right now and still make significant gains...While my long position was started in the .10 range to .12 range. AGAIN, I am just fine with my positions, but assume away!!!

[RFB]

And now 6500 volume, watch out now, ONOV going to overheat!!!

[justicewillbesoon]

RFB----too bad you picked on such a strong stock to try and make money with by being short when it is not working even when you have a strong tail wind

[RFB]

350 shares! Well that is 349 more than yesterday, lol.

[RFB]

No thank you, I am extremely comfortable with my current position(s). Just sharing my sentiment at the size of the ask, given others are always willing to highlight a strong bid (that usually gets taken out quickly). They need to get off this corrupt exchange, it is that simple.

[justicewillbesoon]

IF THATS SO FUNNY TO YOU--SHOW SOME GUTS AND SHORT SOME MORE-

[RFB]

Only got 109K more to take out on the ask, LMAO. Looks like more and more folks just attempting to get out at this point!

[RFB]

Looks like I dont need to, someone else was nice enough to take out that bid "growing higher and higher"...they need to get off the OTC, now! They have the up-listing requirements, they need to file and move the security immediately...if not, then the games continue.

They up-list and as long as they share structure is not loaded for insiders, I immediately go long with substantial capital....they load up insiders...I will wait for proven contract wins...

They have a solid base, they need to ensure the first few floors are as solid as the foundations.

In short, I am suspicious...but interested. Until they get OFF the OTC marketplace, they are more suspect than interesting!

[justicewillbesoon]

RFB--it appears that you might have a good chance to do some more shorting at higher prices in the near future bid is growing higher and higher-

[AskMuncher]

$ONOV Castellum, Inc. Announces Appointment of Former Congressman and NBA Player Tom McMillen to Company's Advisory Board
Press Release | 02/03/2022
POTOMAC, Md., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) proudly announces that former Congressman, NBA player, Olympian, and Rhodes Scholar Tom McMillen joined the Company's Advisory Board. Castellum's Advisory Board seats experienced business leaders and senior cybersecurity/information technology (IT) executives with business, government, and technical expertise, helpful in fostering the Company's growth.

"We are thrilled to announce that Tom McMillen has joined our advisory board," said Mark Fuller, President and CEO of Castellum. "Tom brings a great combination of public company experience, government expertise, strong intellect, financial savvy, and general business insight to Castellum. He will augment our already excellent board with additional skills and capabilities."

McMillen was a Rhodes Scholar, a graduate of the University of Maryland, played eleven years in the NBA, was a member of the 1972 Olympic team, served three terms in the U.S. House of Representatives, and was co-chair of the President's Council on Fitness and Sports. McMillen currently serves as CEO and President of the LEAD1 Association, comprising 130 premier college athletic programs representing over $8 billion in revenue. During his career, McMillen has been an active investor, principal, and board member in many companies, including ten public companies. He was formerly a member of the board of regents of the University of Maryland System. He was the Founding Chairman of the National Foundation on Physical Fitness, Sports, and Nutrition. His book, Out of Bounds, examines the conflicts between sports and ethics.

"I look forward to helping Mark and the Castellum team as they continue to grow the company and do important work defending our country on the 21st-century battlefield," said Tom McMillen. "Castellum has grown quickly over the past three years, and I am pleased to join the Company as it looks to up-list its common stock to a listed exchange later this year."

About Castellum, Inc.

Castellum, Inc. (OTC: ONOV) is a technology service and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering, and Software Development. The Company recently announced its latest letter of intent to acquire an East Coast government contractor with over $4 million of revenue.

Forward-Looking Statements: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning the Company's future events or future performance. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should carefully review various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Contact: Mark Fuller, CEO

[e-mail]

[phone]

[RFB]

Awe, they churning shares to make it look like more volume now. They breaking out all the tricks in OTC land for ONOV...still not working, lol. Get off OTC!!!

[justicewillbesoon]

--NEWS--TC DISCLOSURE & NEWS SERVICE
Castellum, Inc. Announces Appointment of Former Congressman and NBA Player Tom McMillen to Company's Advisory Board
Press Release | 02/03/2022
POTOMAC, Md., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) proudly announces that former Congressman, NBA player, Olympian, and Rhodes Scholar Tom McMillen joined the Company's Advisory Board. Castellum's Advisory Board seats experienced business leaders and senior cybersecurity/information technology (IT) executives with business, government, and technical expertise, helpful in fostering the Company's growth.

"We are thrilled to announce that Tom McMillen has joined our advisory board," said Mark Fuller, President and CEO of Castellum. "Tom brings a great combination of public company experience, government expertise, strong intellect, financial savvy, and general business insight to Castellum. He will augment our already excellent board with additional skills and capabilities."

McMillen was a Rhodes Scholar, a graduate of the University of Maryland, played eleven years in the NBA, was a member of the 1972 Olympic team, served three terms in the U.S. House of Representatives, and was co-chair of the President's Council on Fitness and Sports. McMillen currently serves as CEO and President of the LEAD1 Association, comprising 130 premier college athletic programs representing over $8 billion in revenue. During his career, McMillen has been an active investor, principal, and board member in many companies, including ten public companies. He was formerly a member of the board of regents of the University of Maryland System. He was the Founding Chairman of the National Foundation on Physical Fitness, Sports, and Nutrition. His book, Out of Bounds, examines the conflicts between sports and ethics.

"I look forward to helping Mark and the Castellum team as they continue to grow the company and do important work defending our country on the 21st-century battlefield," said Tom McMillen. "Castellum has grown quickly over the past three years, and I am pleased to join the Company as it looks to up-list its common stock to a listed exchange later th

[RFB]

Volume speaks volumes....pun intended...nuff said.

All the PRs and hype will not make the PPS move. AGAIN, I am extremely comfortable with my positions, long and short....plz stop asking

[justicewillbesoon]

DO NOT MISS READING THIS----------------------------------------------------------------------------NEWS----------------------------------------------------------------------------Castellum, Inc. Announces Q4 Record Revenue
Press Release | 01/27/2022
POTOMAC, Md., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces that it generated approximately $9.5 million in unaudited revenue in the fourth quarter ended December 31, 2021. On an annualized basis, Castellum is now running at an approximately $38 million rate, an all-time high for the Company. The Company expects to release fully audited financial results for the year ending December 31, 2021, in March 2022.

“Our revenue continues to move higher through a combination of accretive acquisitions and organic growth,” said Mark Fuller, President, and CEO of Castellum. “Revenue grew in Q4 due to the small acquisition we completed, getting a full quarter of contribution from our SSI and Merrison Technology subsidiaries, and from adding some additional organic business to the Company. The future looks equally bright as we plan to close the acquisition we recently announced, make additional acquisitions, continue to execute on our organic growth strategy, and prepare the Company to be uplisted.”-------

[justicewillbesoon]

RFB--do you still think a flip of your shorts at about the .12cent level is a doable number after the pr from MARC???

[justicewillbesoon]

do not take sides---do your own due diligence and decide whether to put your money to work either going short or going long or in your case maybe do nothing if you do not see what onov is looking to become

[garymatt]

RE: 1142 and 1143
Not taking sides here. Just hoping for the best and fearing the worst. My tongue lives permanently in my cheek.
Along the lines of trust BUT verify, everybody on every Exchange, especially OTC must be considered as worthy as their last independent audit. Companies everywhere have proved that over and over again.
Shame there is not a column for Audit Date in displayable stock market statistics.
Anyway, my takeaways from recent posts:
This company now using the ONOV symbol has more verifiability and future than the previous;
Mark's pr hopefully true as gold is still PR;
ONOV may still be 'the absolute best security over here' on the OTC, but it's subject to the realities of the OTC;
ANY EXCHANGE's member is only trust-able as far as it's last audit;
A N D we are all here putting our money where our best expectations are.

[justicewillbesoon]

RFB-----what part of MARK"S pr did you not understand---it"just as plain as the nose on your face--he addressed all your reasons for going short and you just are too imbedded in your short sightedness to see whats happening as time goes on sorry

[justicewillbesoon]

“Our revenue continues to move higher through a combination of accretive acquisitions and organic growth,” said Mark Fuller, President, and CEO of Castellum. “Revenue grew in Q4 due to the small acquisition we completed, getting a full quarter of contribution from our SSI and Merrison Technology subsidiaries, and from adding some additional organic business to the Company. The future looks equally bright as we plan to close the acquisition we recently announced, make additional acquisitions, continue to execute on our organic growth strategy, and prepare the Company to be uplisted.”------READS LIKE THE PERFECT KIND OF SITUATION ANY ONE WITH AN EYE FOR A COMPANY LIKE THIS ONE WOULD BE HAPPY WITH A SHORT POSITION [[NOT]]-- I FOR ONE AM AS LONG AS I CAN GET AND WOULD NOT BE SHORT WITH YOUR MONEY

[RFB]

Now get them audited by an outside firm and begin formal uplisting, then we talk. In the meantime, all it took was a couple posts to awareness board to stop the momentum and start come bid action. This pinks never change. You could have the absolute best security over here and OTC will turn it to a turd...

Get off this exchange...NOW!

[justicewillbesoon]

Castellum, Inc. Announces Q4 Record Revenue
Press Release | 01/27/2022
POTOMAC, Md., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces that it generated approximately $9.5 million in unaudited revenue in the fourth quarter ended December 31, 2021. On an annualized basis, Castellum is now running at an approximately $38 million rate, an all-time high for the Company. The Company expects to release fully audited financial results for the year ending December 31, 2021, in March 2022.

“Our revenue continues to move higher through a combination of accretive acquisitions and organic growth,” said Mark Fuller, President, and CEO of Castellum. “Revenue grew in Q4 due to the small acquisition we completed, getting a full quarter of contribution from our SSI and Merrison Technology subsidiaries, and from adding some additional organic business to the Company. The future looks equally bright as we plan to close the acquisition we recently announced, make additional acquisitions, continue to execute on our organic growth strategy, and prepare the Company to be uplisted.”