Eastern Asteria, Inc. (EATR)

[koolmc]

no dumb questions if you are new to pennystocks. Now if you have been playing them for 10 plus years and don't know then yeah maybe lol, gl.

[JMoneyHoops]

Most likely a Reverse Merger

[Leftovers1]

Dumb questions I am sure…but thanks

[Leftovers1]

Understood but they do a reverse merger or the like and your “brought in” to the next company?

[koolmc]

what i am looking for is if they get the custodianship, they will start to file to bring it out em imo.

[JMoneyHoops]

You would still keep them

[Leftovers1]

Thanks for the info!

[Leftovers1]

What happens to current shares in EATR if process with Synergy moves forward?

[koolmc]

some volume at .0004 heading into thursday cataylst let's see if it keeps up

[Papes]

Nice. $EATR.

[Lime Time]

41m at .0004? Why so stacked

[JMoneyHoops]

Yeah exactly along with some share cancellations

[koolmc]

yeah got it on watch if they get custodianship i'm sure they will start to file to get out of em imo

[JMoneyHoops]

Synergy Hearing for Custodianship on Thursday

[Papes]

The days and weeks and months will come for $EATR.

Patiently waiting on news from Synergy.

[aljafy]

The article below explains Reverse Mergers in detail, however the SEC has changed the playing field for RMs and 2022 was an awful year. But Ben (Synergy) IMO is a seasoned pro and we have our best chance with his custodianships. Basically, he goes thru the hoops and legalities to own the shell and then needs to find a private company that wants to go public using EATR as the vehicle. Really depends on who incoming private company is and if the shell is clean with a decent share structure. A little bit of rolling the dice, but this is the OTC. Good luck!

https://www.investopedia.com/articles/stocks/09/introduction-reverse-mergers.asp

[Leftovers1]

I’d really appreciate a summary of the kind of potential upside this EATR shell could have is Synergy plan goes through. How does this work? I’m not familiar with shell takeovers at all. Many thanks.

[Papes]

Nice. Thanks! $EATR

[aljafy]

The $EATR custodian hearing has been set for March 16, 2023.
Still waiting on $NHYF hearing date, should have it scheduled this week.

— Synergy Management (@synergymgtgroup) February 14, 2023

[Papes]

Great! I appreciate the important and positive info. Can’t wait!! $EATR

Let’s go Ben/Synergy!!!

[JMoneyHoops]

Yes old management hasn’t appeared and are listed as “unrepresented” on the court docket should be awarded soon enough imo

[Papes]

No word from Synergy yet, but I agree… it seems hopeful. $EATR

[Spartanfan1]

Loading continues… makes me think $EATR custodianship May go through

[Papes]

Good question. Maybe a tweet/email to synergy will answer it…

[JMoneyHoops]

Any updates on the custodianship case here? Does anyone have a link to the docket? TIA

[Papes]

Posssibly no longer Gerry’s play! Synergy trying to take this shell over as custodian. . Guess we’ll find out soon enough.

[peacebringer45]

I hate to say it, but no one is probably going to get rich on Gerry's play.

[Papes]

Anything new here? Has synergy made any progress taking this over as custodian?

[JMoneyHoops]

Does anyone have a link to the court docket?

[Papes]

Can we get some .0004s???! $EATR

[Papes]

Awesome. $EATR

[JMoneyHoops]

Canadian Broker

[aljafy]

How are you able to buy this? In Canada?

[JMoneyHoops]

Added some 3’s hoping synergy gets granted custodianship here

[Papes]

Hmmm… $EATR

[fink]

Same. It’s all ya can do.
Last annual report was in 2011
5B A/S almost maxed.
Insiders hold 3B
Float has to be 1.7B

1m P-shares that old Directors hold. Almost Maxed out.

Not sure about any old debt that’s been carried over unpaid for years. Ben would turn his nose up if there is a debt bomb. Like In RIBS.

1.7B @ .0001 is only a $170k market cap if Ben can retire all those insider shares. If not he can R/S the piss out if this like a Lazar shell play. Ben has yet to hit that reset button.

[aljafy]

I really haven't looked into this at all, besides adding this along with the other new Synergy plays that Ben mentioned to my "favorites". I can't buy any of em. Yet...

[fink]

What’s your gut thoughts on this one.
Bloated pig that is maxed out when Company went dark.

If Synergy can get custody and work a deal for the block of P-shares and all old Director shares, this could be something @ .0001 once it becomes Pink Limited. The trick is to be buying the morning the Tier change is posted.
It’s not going to happen over night.

Old stuck shareholders will dump the second this can trade.
They will have no clue what a Synergy is.
Same with the other shell.

I finally took a took at what Ben is serving up.

I think BABL and BDCM were Florida custo plays of his. Florida is reasonable.

[Wolfofwitz]

Whats the ask price TD has 0.0001

[Papes]

Nice!!! Hmmm… maybe synergy mgmt getting much closer to taking custodianship on this shell. Fingers crossed.

[Papes]

Nice movements! $EATR

[Papes]

Tough to buy on EM in US but can but in Canada just fine. If and when synergy takes over they will make it tradeable in US again and get everything up to date with OTC.

[The Mothman]

Maybe because they are "expert market" and so TDA etc ban buying them.

[Papes]

Why not? Looks like they are trying to get custodianship of this shell, so must have something in mind. Much better than it being a dead shell LOL. Could be big potential, who knows?!

[aljafy]

cant buy these latest EM Synergy plays.

[The Mothman]

OUTSTANDING! Great find... thanks

[Buffalogirl]

Well someone was buying back then

[Papes]

Looks like someone knew something back in August

[Buffalogirl]

Fingers crossed!

[Papes]

Woohooo. Hope for this ticker yet! $EATR