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bri....I try not to bug him too much...don't want to become a pain asking a lot of questions...we will find out soon enough....b/r
Please ask him if they have applied for a ticker symbol, or if they are waiting for SEC approval of the S-1 first.
Just asked Orie if they have heard anything yet...his reply
"Your timing is excellent – just this morning we received the first round of comments and everyone on the team was pleasantly surprised that the comments will require very small revisions that the SEC would like to see in the prospectuses. All in all this round is simple and we will be responding to the comments in the next few days.
They of course reserve the right to send as many rounds as they like until they are fully satisfied.
Can you ask Orie what ticker symbol they have requested? They may need to get the S-1 approved before requesting one (not sure).
We would find out the ticker sometime after the SEC approves the S-1, which would be (if the SEC has no problems with the filing) Monday March 8th at earliest. Palisades may eventually create a website.
Some additional time may be needed after the S-1 is approved for Palisades to start actively trading though. For example if they have not started the process of requesting a ticker symbol yet in anticipation of the S-1 approval. But at most, I think this would only add 1 month to our waiting time.
Great news, thank you, bri123. Is there a new ticker & website for the Palisades Venture; or an estimate of when they disclose that information? Are you confident to see what pans out, or is the recombination to take what after the years is offered? Your thoughts are appreciated. Wish you well, bri123.
Next month (hopefully March 7th) should be a great time. We will see what they come up with for the opening price.
Lets hope he pumps this up to $1 per share so I can make some money!
Orie, already has a lot of money invested in this. I am sure he will have some good news when this starts trading, or he is going to lose also.
He knows what he is doing and if this tanks he loses a hell of a lot. IMO!!
That was my thought also. I have seen many times the price crash pretty quick from people that sat on a stock for so long and want to get their money out. But- at some point it levels out, and (with news) new buyers come in and push the price up again. OS will be pretty low for an OTC stock, so that helps.
Once this opens up under what ever ticker it does, no doubt, many folks will be selling (should be able to sell within 10 days of this opening up). So, hopefully Orie has news in order to keep the share price up. Who knows, if he has great news, maybe that will stem some of the selling.
With news we could push up to $1 pretty easily from there. If he can maintain at least $0.01 for 30 days, he could get onto OTCQB if he wanted.
I don’t know probably in April or may is my guess. Just a reminder with all the crazy stuff going on in markets think we could see some volume. At 15 cents I’m like $3k up in the green.:)
do not know. RS's have 10 trading days-- this should be a new issue and qualify as a IPO.
Any idea the waiting time, before shareholders can buy or sell the stock? I think my last one like this was about a 3 month waiting period.
THANKS! are we still within the 30 day time frame????
Response from Orie about the opening price:
" The price is suggested by us, and agreed on by the broker - dealer that will take this on and approved by FINRA. Of –course we will try to get it on the higher side but it needs to meet certain criteria and marketability."
Response from Orie about the new company:
"The mission of the new company is to provide a vehicle to raise money to implement our plans to grow primarily through M&A, to acquire much larger companies in our industry. Now (when approved by SEC), that the company has audited financials and a nice base of shareholders in place and hopefully a stable share price, it will give us the opportunity to present potential targets with solid offers combining cash, equity and debt to enable us to reach revenue and earnings goals which will hopefully translate to substantial increase of shareholder’s equity in a relatively short period of time.
That is the plan in a nut shell."
Response from Orie about the Palisades Venture:
"Yes, that’s the plan – the opening share price will be around $0.15-$0.30 if approved."
believe that is accurate
Last share price was in the trips at .0004: so, at 120 for 1, it would seem to reason to be .048, wouldn't it. Don't get me wrong, I'm sure we would accept $5.00 @ share but twice you suggested that figure; what are you basing it on? Is the company worth $125 mm? /s
will post any update- MORG38 usually has the newest info
Ok thanks man
I only have 10m shares so around 83k of palisade. Maybe it will be $5:)
info not released yet
How much is one share of palisades worth?
What exchange is it on and what’s the ticker symbol?
I can’t seem to find it
PROSPECTUS
Palisades Venture, Inc.
25,000,000 Shares of Common Stock
All of the shares of Palisades Venture, Inc. (the “Company" or “Palisades”) offered hereby are being offered by CorpTech Holding, Inc. CorpTech Holding, Inc., the selling shareholder, owns 25,000,000 shares of the common stock of Palisades Venture, Inc., a Wyoming Corporation. CorpTech Holding, Inc. will distribute to its shareholders approximately 25,000,000 shares of its Palisades common stock (see “The Distribution”). The distribution will be made to holders of record of CorpTech Holding, Inc. common stock as of the close of business on February 7, 2024, on the basis of one share of Palisades’ common stock for each one hundred and twenty (120) shares of CorpTech Holding, Inc. common stock held. The 25,000,000 shares of the common stock distributed to CorpTech Holding, Inc. shareholders will represent approximately 25% of all the issued and outstanding shares of the common stock of the Company. CorpTech Holding, Inc. acquired 25,000,000 shares of the common stock of Palisades on July 27, 2021, as part of that certain Asset Purchase Agreement by and between the Company and CorpTech Holding, Inc.; wherein, the Company acquired all the assets and rights to the Landmark PMG LLC, (d/b/a 4Service Cloud Tech) business for 25,000,000 shares of common stock and a $300,000 promissory note (Exhibit 10.1).
Q- where the proceeds went after selling off the part of the company?
Crednology Holding Corp, a Delaware corporation, is a public holding company that has been dedicated to enhancing shareholder value through a strategic combination of organic growth, mergers and profitable acquisitions.
The Company is engaged in the cloud computing segment of the technology sector as well as the Electronic Waste and Recycling business. The main products and services include cloud computing and virtual environment, disaster recovery and business continuity and managed services to corporate accounts as well as the recycling and disposal of E-Waste and other materials.
We are planning to grow our recycling business by future investments in paper and cardboard recycling
Washington DC!!! KING of money laundering!!!!!!!!! LOL
I think Nevada gets that award. But Nevada, Wyoming, and Delaware are the most business friendly states, and in both Delaware and Nevada, you can incorporate and receive tax benefits without actually living or operating your business in that state. In Wyoming, most tax and other benefits are for businesses operating within the state, so you would be better off launching a remote business in Delaware or Nevada instead.
Isn’t Wyoming the State with such loose corporate registration rules that it’s a happy place for money laundering?
It’s a dead money reverse split I’ll take it lol
I’ll have 80k, ask price to open it @ $20 a share…thanks:)
agree- anything is better than nothing-- FYI its 1:120
It could be 100:1 but I don’t care….just means we get something back is how I look at it.
believe the PR said 30 days
Thanks for reply
At least we get something
They need final SEC approval first. It may be another month or so if there are no problems.
Has anybody shares changed in their broker than just a number yet?
Mr. Rechtman sold California Recycles Inc – an E-waste recycling company in 2022.
$COHO - 100% stake in Riteman, Inc. and 100% stake in Landmark PMG LLC represents the combined operations of Riteman, Inc. and Landmark PMG LLC in their sale to Crednology Holding Corp. Riteman, Inc. and Landmark PMG LLC offer IT consulting services including disaster recovery and cloud computing services.
and,
Nov 14, 2016) - Crednology Holding Corp. (OTC PINK: COHO)("Crednology"), is pleased to announce the acquisition of an Electronic (E-Waste) and recycling Company
Crednology announces the acquisition of California Recycles Inc. This is the first acquisition by the new management team of Crednology led by Mr. Orie Rechtman. The purchase price is $250,000 and will be paid in common shares of the Company and a note with payments due over a five year period.
Under the terms of the Agreement, the Company will issue to 4 Cloud Service Tech AG a newly designated series of Preferred stock in exchange for all of the outstanding shares of common stock for each of the two subsidiaries. At Closing, all officers and directors of the Company will resign to be replaced by newly appointed officers and directors. Closing for the transaction is anticipated to occur within 30 days upon completion of the due diligence period. Crednology Holding Corp. (OTCPK:COHO) completed the acquisition of 100% stake in Riteman, Inc. and 100% stake in Landmark PMG LLC from 4Service Cloud Tech AG (ENXTPA:MLOVE) on October 14, 2016. Crednology shall issue one class C preference share as purchase consideration. Crednology will retain its current symbol COHO. The current Board of Directors of Crednology will resign and a new Board shall be appointed. Orie Rechtman, current Chief Executive Oficer of 4Service will serve as the CEO and Secretary of Crednology and further board members will be appointed shortly.
Crednology Holding Corp. (OTCPK:COHO) entered into a letter of intent to acquire 100% stake in Riteman, Inc. and 100% stake in Landmark PMG LLC from 4Service Cloud Tech AG (ENXTPA:MLOVE) on July 25, 2016
they have been worthless for a couple years- any value is an improvement
Yep, but the SEC calculates based on AS when a company first goes public, along with recommendation from the IPO underwriters, but because Orie is using us as underwriters, we wont have a say in what the SEC determines to be a fair market price, since he holds more than 50% of the common stock.
Since the shares we own had a value, the SEC will take that into account, but they aren't worth much.
Number of Shares of Common Stock Outstanding 109,500,000 shares
25,000,000 issued to CorpTech Holding Inc.
Yep. Even if the valuation audit came to $15,000,000, the share price at open would only be $0.03 (based on 500M AS).
So, Orie screws us again. But, at least It wont be zero like it is now. For me to break even it would need to hit $0.036
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