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yes - perpetually waiting for something to happen.
Anyone still here??????????????????
Well thay have been down this road before . You can only cry wolf so many times.Its a shame.High interest rate enviroment.
Another week has passed. The new 10q will be like reading a comic book.
Held up ?
Based on todays low print
It’s closer to the 52 week low then the 52 week high
Are you stuck in the stock at much higher levels?
People have been saying that for 20 years.
Even a broken clock is right twice a day. That's about two times more than the dynamic duo!
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I'm anticipating good news
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Considering the delays and not meeting the dates in 8K, it has held up very well.
I'm anticipating good news
Considering what?
Seems like we are waiting for a Crow to die?
Or is that just a wish?
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This has held up well considering
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If you look at the 10-Q released on 5/15/23 it still shows that deal outlined.
The dates for the DHCC stock purchases appear to have been pushed back to September and November.
"The Letter of Intent provides that the Purchaser will purchase a total of 4.5 million shares of Common Stock of Mississippi Gaming Corporation, or 10% of the Common Stock of Mississippi Gaming Corporation, for a total purchase price of $6,000,000, in two transactions as follows:
1) On or before April 15, 2023, the Purchaser will purchase five percent of the total Common Stock of Mississippi Gaming Corporation for $3,000,000. Upon receipt of payment, Mississippi Gaming Corporation shall issue 2.25 million shares of Common Stock, or five percent of the total authorized Common Stock of Mississippi Gaming Corporation, to the Purchaser.
2) On or before June 30, 2023, the Purchaser will purchase an additional five percent of the total authorized Common Stock of Mississippi Gaming Corporation for $3,000,000. Upon receipt of payment, Mississippi Gaming Corporation shall issue an additional 2.25 million shares of Common Stock, or an additional five percent of the total authorized Common Stock of Mississippi Gaming Corporation to the Purchaser.
The Purchaser will have the right to nominate two directors to the Board of Directors of Mississippi Gaming Corporation. The current Board of Directors of Mississippi Gaming Corporation will examine and review the background, experience and credentials of the nominees and, once acceptable, pass a resolution appointing the Purchaser’s nominees to the Board of Directors contingent upon the first Closing and effective on the date of and immediately following the first Closing. In the event the Purchaser has not nominated a director(s) prior to the first Closing, the Purchaser may do so at any time thereafter.
Diamondhead Casino Corporation
The Letter of Intent provides that the Purchaser will purchase 4,000,000 shares of Common Stock of Diamondhead Casino Corporation at a purchase price of $1.00 per share in two transactions as follows:
3) On or before September 15, 2023, the Purchaser will purchase 2,000,000 shares of Common Stock of Diamondhead Casino Corporation for a total purchase price of $2,000,000. Following Closing, the Company will issue instructions to the Company’s transfer agent to issue 2,000,000 shares of Common Stock to the Purchaser.
4) On or before November 30, 2023, the Purchaser will purchase an additional 2,000,000 shares of Common Stock of Diamondhead Casino Corporation for an additional purchase price of $2,000,000. Following Closing, the Company will issue instructions to the Company’s transfer agent to issue an additional 2,000,000 shares of Common Stock to the Purchaser.
The Purchaser will have the right to nominate two directors to the Board of Directors of Diamondhead Casino Corporation. The current Board of Directors of Diamondhead Casino Corporation will examine and review the background, experience and credentials of the nominees and, once acceptable, pass a resolution appointing the Purchaser’s nominees to the Board of Directors contingent upon Closing of the purchase of a minimum of 2,000,000 shares of Common Stock of Diamondhead Casino Corporation and effective on the date of and immediately following the Closing. In the event the Purchaser has not nominated a director(s) prior to the first purchase of Common Stock of Diamondhead Casino Corporation, the Purchaser may do so at any time thereafter.
The Purchaser’s failure to close when required shall render the remainder of the Agreement null and void.
Is the April 15th date still operative?
Have a happy Memorial Day, and keep your eye on the obituaries.
Nothing new here.
They have been delinquent for years. That is what the agreement with the unknown 3rd party is to address. The part of the agreement that involves DHCC stock says that "On or before September 15, 2023". In addition, nothing in the agreement started before April 2023, which is AFTER the March 31 mentioned in your post. So, just hold on.
Not good
ther
The Company is currently delinquent in filing those documents and forms required to be filed in connection with its Employee Stock Ownership Plan (“ESOP”) for the year ended December 31, 2022, 2021, 2020, 2019, 2018, 2017, 2016 and 2015. The Company did not have the funds to pay professionals to prepare, audit and file these documents and forms when due. Although these required filings normally do not result in any tax due to an agency of the government, the Company could be subject to significant penalties for failure to file these forms when due. Penalties are assessed by the Department of Labor on a per diem basis from the original due dates for the required informational filings until the filings are actually made. The Company has accrued $476,375 and $429,750 on the current delinquent filings as of March 31, 2023 and December 31, 2022, respectively. The Company intends to bring its ESOP-required filings current and when current, will attempt to enroll in a voluntary compliance program with the Department of Labor with respect to any penalties or fines incurred. However, there can be no assurance the Company will be able to enroll in any such program or obtain a reduction of the fines and penalties that may be due.
ther
The Company is currently delinquent in filing those documents and forms required to be filed in connection with its Employee Stock Ownership Plan (“ESOP”) for the year ended December 31, 2022, 2021, 2020, 2019, 2018, 2017, 2016 and 2015. The Company did not have the funds to pay professionals to prepare, audit and file these documents and forms when due. Although these required filings normally do not result in any tax due to an agency of the government, the Company could be subject to significant penalties for failure to file these forms when due. Penalties are assessed by the Department of Labor on a per diem basis from the original due dates for the required informational filings until the filings are actually made. The Company has accrued $476,375 and $429,750 on the current delinquent filings as of March 31, 2023 and December 31, 2022, respectively. The Company intends to bring its ESOP-required filings current and when current, will attempt to enroll in a voluntary compliance program with the Department of Labor with respect to any penalties or fines incurred. However, there can be no assurance the Company will be able to enroll in any such program or obtain a reduction of the fines and penalties that may be due.
The big seller is in there pounding today. I wonder if the band will step in at the close.
According to the agreement, stocks in Diamondhead are to be purchased in September. The $6M was for the purchase of shares of Mississippi Gaming. So I would not expect to see anything in the 10Q.
As of the issuance date of these financial statements, no transactions per above occurred and no shares of common stock were issued.
Time for a 10 Q.WHAT WILL IT SAY? Where is the money?
Oh no, the sellers are pounding it. What will the band do today?
THATS MY POINT THIS IS A JOKE.
Might be your followers that are jumping on board?
WAIT LOOK AT THAT VOLUME 750 SHARES WHERE ARE ALL THESE PEOPLE COMING FROM.UNREAL VOLUME
OH YES VOLUME IS THROUGH THE ROOF LOADING UP. UNREAL 2000 SHRES BOOM WOW.ITS A LEAST A 100.00 STOCK WOW.B.S.
OH YES ITS BOOM TIME. RIGHT B.S.
Yep, better get 'em while they are so cheap.
Deal's back on, they are loading up this am
Question?
Are we 1 more day past 4/15/23 or 1 day closer to 4/15/24 ?
Did anyone notice in the 8k, did it say which year the April 15th dated applied to
Ok, let's vote. Who really believes they will get the money? I'll be the first to say Yes
Ok, let's vote. Who really believes they will get the money? I'll be the first to say Yes
Good Bye Mr. Chips.
You are. As always. The stock you love the most!
anyone still here ??????????????????
Was the stock delist for too much BS
DIAMONDHEAD CASINO CORPORATION OF A-MER-EEE-CU
the boyz from Diamondhead !!!
They are waiting?
DIAMONDHEAD CASINO CORP OF A-MEREE-CU
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz!!
the bid/ask has come down a bit as could be expected since the original deadline to receive money has past. I continue to believe we have something here and are working thru some logistics though I have no idea what that could be, as sending a wire transfer (assuming) isnt rocket science.
So we wait.
it seems you are the only one concerned, as nobody is runnung for the exits..so why is that ?
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