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No one will pay $1 for this IPO.
Maybe if they drop the offering to $0.25.
Time will tell.
I will sell my shares at whatever price the first day it trades.
In other news, the FWAV spinoff doesn’t appear to have completed that offering yet. Guess people aren’t buying those $1 shares. Have to hope the legacy business was actually worth something. Best hope is they get some of that Green New D….errr…Inflation Reduction money.
Don’t get your hopes up yet.
That $1 financing will never occur. They might ask for $1 but get $0.10.
That is if they are very lucky.
They are giving out shares likes it’s candy.
Per prospective, “On February 8, 2022, the Board approve the issuance of 2,975,000 shares of common stock at $0.0001 to a private group of investors. Based on the $0.15 per share estimated fair value using the cash selling price at the time of issuance, the Company recognized an expense of $445,953 related to the issuance of shares.”
Horrible news. Absolutely horrible.
FWAV has new financing with 1800 Diagonal Lending LLC.
I cannot find anything good about this toxic lender.
Most companies share prices have dropped 50% since making a deal with Diagonal Lending.
Curt Kramer (1800 DL LLC) had multiple issues with the SEC.
This guy is a POS creep. Causes huge dilution in stocks he gets involved with.
Run the the hills.
JMO.
Here are 4 examples.
1. Nov. 25, 2013 —
The Securities and Exchange Commission today charged a New York-based penny stock financier and his firms with violating the federal securities laws when they purchased billions of shares in a pair of microcap companies and failed to register them before they were re-sold to investors for sizeable profits.
Curt Kramer and his firms Mazuma Corporation, Mazuma Funding Corporation, and Mazuma Holding Corporation agreed to disgorge those profits in paying a total of $1.4 million to settle the SEC’s charges.
2. From December 16, 2008 through May 26, 2009, Kramer and Hope Capital sold over 113.5 million shares of Spongetech stock in illegal, unregistered transactions and obtained profits of $525,603. Kramer and Hope Capital used the mails and other means of interstate commerce in connection with these offers and sales of Spongetech shares.
3. DBMM, which needed a capital infusion to pay for three years audit all at once, entered into a series of ill-fated convertible instruments with Asher Enterprises, Inc., Unbeknownst to DBMM, Asher Enterprises, Inc. and its principal Curt Kramer was subsequently classified as a bad actor by FINRA, pursuant to FINRA Rule 6490… Asher Enterprises, Inc. is a toxic lender. It loans issuers money and takes convertible instruments and then proceeds to relentlessly convert shares materially discounted below market price to perpetually sell at a profit, and ever decrease the share price because no matter how low the stock price goes Asher is always selling well below its cost basis. The share price can never go up with the selling pressure, and Asher never stops.
4. VNUE, Inc. (OTC: VNUE), a Microcap national music tech innovator, filed a lawsuit in the United States Federal District Court for the Eastern District of New York last week against Power Up Lending Group, LTD and founder Curt Kramer. VNUE accuses the plaintiffs of breaking Securities and Exchange Commission (SEC) laws, alleging they are a “death spiral” or “toxic lender,“ an unregistered securities dealer that sells convertible market adjustable securities products to small public companies—businesses that are often struggling to raise capital.
I’m more excited about my spinoff shares now.
Is this POS stock defunct yet?
Soon my friends, soon.
Lol.
Charlie destroyed this stock and I really hope it drops to trips.
Huge dilution coming and RS.
I expect another 50% drop once all is settled here.
JMO.
What are your plans Charlie?
We are all waiting with open ears.
Tick tock………
Get the financing you were bragging about?
Get any of those amazing mining computers?
Where’s the update my friend.
LMFAO.
Mine hit last week on TDA. They just did a $1 offering. May be the best thing to come out of this ticker yet.
I got mine through E*trade a few days ago! It’s still under a cusip number ,no symbol yet.
Anybody ever get GeoSolar shares?
Will this recover as bitcoin bounces off lows?
Nope.
Why?
Because Charlie is a lying scammer. Edgemode does not mine bitcoin.
They need $350 million to buy machines to mine bitcoin.
Who would ever give them a dime?
Can’t wait for this POS to go bankrupt.
Serves Charlie and his scumbag cronies.
Market cap is still way overpriced. Needs to move to under $0.001 to be fairly priced. JMO.
Hahahahahahahahahaha.
LMFAO.
"Bow-wow!" Should be the name of this company, Laster. It's definitely been a dawg since Edgemode showed up. Really nothing to do with Bitcoin. More with the peeps involved in the company now.
LC
FWAV
Give me some 5555555555555555’s
Hahahahahaha
What a POS scam this play was.
So glad I got out a long time ago.
I tried warning y’all here.
Oops.
Ouch.
Waa waa waa waa.
Bitcoin crashing.
FWAV will stay under $0.10 indefinitely.
Poor lying Charlie.
Maybe it is good that they don’t actually mine bitcoin.
They will never get any financing for crappy Edgemode.
Hahahahahahaha.
I think we see $0.05 this week.
Everyone knows Edgemode is worthless.
They need $270 million shares to stay afloat.
They will never ever get that financing.
They plan on RS which is the kiss of death in OTC land.
LMFAO at the incompetence of Charlie.
What a POS scammer IMO.
Buyer beware.
I warned people over 6 months ago.
Hope some listened.
FWAV now under $0.10 as predicted.
Charlie is a complete scammer IMO.
FWAV got screwed with this merger.
I feel so sorry for any shareholders left in this scam stock.
Expect more pain with RS and dilutive financing.
JMO.
How does this worthless POS have MC $50 million?
It needs to drop 90% to be fairly valued.
I think it drops to $0.05 this summer.
Regardless of a RM or financing,
JMO
Bitcoin at $20,000.
All these crypto gurus here had no clue.
Just me.
Told you FWAV moving back to. $0.10.
Yippee.
Hahahahaha.
Oops.
Ouch.
Lol.
Was I right about Bitcoin?
Anyone?
Bueller?
Told you it would drop to low $20,000’s.
I actually think it will find support at $15,000.
FWAV is worthless.
Hahahahahahahaha.
FWAV at $0.14.
Soon to be $0.10 and then $0.05.
Charlie has absolutely no credibility.
Huge lying POS scammer IMO.
Doesn’t matter if they mine bitcoin anymore since BTC moving back under 20k.
FWAV needs to RS and then try to get some type of financing.
It will definitely not be favorable to investors.
I actually think this could drop another 50%-75%.
JMO.
Buyer beware.
Yep, this position has been a disappointing play for sure!
I still hold some BABL. So I'm glad they got out of it . Maybe something will come of it.
LC
FWAV
At the least it’s just another addition to the list of failed merger tickers from 2021. Such a shame to waste an SEC reporting ticker like this.
The merger/acquisition space really went to $h!t fast imo.
Basically this was a huge scam.
Charlie basically lied during the merger process.
They had no bitcoin mining and needed $300 million to get started.
The reverse split will be the death sentence for this scam.
OTC always drop at least 50% post split.
If I could only short this shit stock I would.
But I warned everyone here months ago.
Hope some.softened.
Well, there could be news this month if they can close the $400m term sheet.
Not that it matters since everyone else continues to increase their miners, new players also, so the machines they were to buy, will get less of the daily pie.
By the end of 2022 the TH/s hash rate will be almost double the July 2021 rate, when they made those investor decks with 600mw goal, which means to keep up, they would need another $400m to get to 1.2GW.
Point is, they are falling behind. I think they may be giving up on Bitcoin and go for HPC as that is all the mention on Twitter.
I have no shares, likely wont buy again, unless a tremendous dip after the RS.
Their salary has increased from $10k a month in early 2021, to $30k in late 2021, to $50k in 2022.
Have you seen FWAV recently?
Hmmmmmm…..
Back to $0.10 soon enough.
Bitcoin back under $25,000.
How did I know this months ago?
Hahahahahaha.
LMFAO
He's good at destroying stocks, ain't he? Thought he would be bringin' the bacon to BAAAAAAAAAABL. With as long of time he's had to act since dumping on it, you'd think his business plan to buy and merge with FWAV would long have been done. Of course I think the new stock ticker would be better if he changes it to FAKE. All my opinion is a piece of baaaaaaaaaaaaaaaaaaaacon.
LC
FWAV
I wonder if Edgemode had Luna Coins.
They are dumb enough to have bought them at $100.
Hahahahahahaha.
Charlie has destroyed this once potential stock.
See you back at pennies.
JMO.
Back to pennies this week.
Bitcoin back to under $10k per some news reports.
Wow.
Charlie deserves to have this POS go bankrupt.
I will have a drink to that.
Hahahahaha.
Hey my boy. How are you doing?
How about my prediction that this POS was moving back to $0.15?
Never thought it possible, huh?
This POS scam will move back to $0.10 then under $0.05.
Charlie and company are just lying scammers. JMO.
They never mine bitcoin.
They don’t have bitcoin mining machines.
They need $270 MILLION DOLLARS just to get started.
They will never ever get that type of financing.
Not for 2 lying scammers. Who would finance this joke of a company?
Hmmmmmmmm????????
Hahahahahahahahaha
LMFAO.
Got to love losing money! Especially on this position.
Wait! All I have to do is sell and the stock will go up again!
LC
FWAV
Got to love losing money! Especially on this position.
Wait! All I have to do is sell and the stock will go up again!
LC
FWAV
Last year was a tough one for mergers. Lot sof companies going public didn’t live up to the hype or hurt legacy shareholders.
FWAV will move back to $0.10 within the next few months.
Crypto out of favor after LUNA collapse.
No one is getting any financing for crypto related equipment.
FWAV merger with Edgemode was the WORST business deal for shareholders. We got screwed.
Charlie is the worst CEO. Has no clue how to run a company.
JMO.
Hahahahahaha.
Bitcoin trash.
Ethereum trash.
Luna Ponzi scheme and will be defunct in days.
FWAV mines only Ethereum which is down 50%.
FWAV will institute 50:1 reverse split and maybe trade at $7.50. Maybe.
It will quickly crash to under $5 post split.
They desperately need financing.
This could get really ugly.
JMO.
Hey boyyyyyyyy.
You see that bitcoin dropped below $30,000?
Just wait for the crash to $20,000 or lower.
FWAV and Charlie is now just a scam play.
They will never get financing to mine bitcoin
This will slowly drop to under $0.10.
Reverse split is a definite and will drop the stock another 50%.
Hahahahahahahaha.
LMFAO.
Loser.
Bitcoin is CRASHING.
It might drop back $20,000’s this week.
Definitely will move under $20,000 this year.
FWAV will become defunct.
Anyway Charlie gets screwed will bring smile to my face.
He absolutely lied about Edgemode mining bitcoin.
LMFAO.
HUGE REVERSE SPLIT COMING.
I think they also need to announce financing since they are broke.
This is the death sentence for any OTC stock.
These stocks usually drop 90% when all is said and done.
Just wait and see my friends.
BTC out of favor? <smile>
Remember what I told you a long time ago?
They don’t mine bitcoin.
They need $270 million and they can’t get it.
Bitcoin way out of favor.
I told you to expect a reverse split.
Just wait for that horrible dilutive financing.
This Charlie is clueless and has destroyed FWAV.
BABL was very lucky not to get this Edgemode merger.
What a POS.
JMO.
Hahahahahahaha.
LMFAO
OTC stocks never ever do well after reverse splits.
They usually drop at least 50% after the official announcement.
If you add a dilutive cheap financing then they could drop even further.
Just look at what happened to IVDA.
Stock was trading at a $1.
Post announcement it dropped to $0.65.
First day trading post split it opened at $3.38 (down over 50%).
Now it is trading at $1.82 or ($0.14 pre-split).
There are many examples.
FWAV got screwed with Edgemode and Charlie.
They don’t mine bitcoin and will dilute the stock to worthlessness just to buy some machines. I really hope this company goes bankrupt.
JMO.
The reverse split is a good thing for EDGEMODE and they have more than enough votes to approve it at the shareholder’s meeting.
For this company to be of interest to institutional investors to fund their ambitious growth plans and go direct to Nasdaq a penny stock is not a reality.
For the longer term this makes perfect sense for all shareholders;
300 million shares outstanding
1/15 reverse split = 20 million
$200 million post split market valuation =
$10/ share
This is $.70 on current shares outstanding
and if they can achieve a $1 billion valuation ( not unreasonable) this is $3.50 post split.
Reverse Split up for vote, though I thought they had the votes.
To approve an amendment to our Amended and Restated Articles of Incorporation to effect a Reverse Stock Split at a ratio in a range of 1-for-15 through 1-for-60 or any ratio in between (Proposal No. 6);
How’s this POS stock going?
Charlie lied about bitcoin mining.
They will never ever get $270 million let alone $5 million.
See you at $0.10 or lower soon.
Oops.
Ouch.
Lol.
I feel very good.
Please continue the ego show, you will reacquaint yourself with the familiar feeling of insecurity and embarrassment soon enough.
Still waiting for your company to update how and when they will get cash to finance buying those bitcoin machines.
The lack of updates leads me to believe they have no ability to raise capital.
That will be very detrimental to this scam operation.
Sucks being a bag holder in a POS company doesn’t it?
Charlie doesn’t care. JMO.
Lol.
All they need to do is say how they will get that $270 million they desperately need.
Until then this stock is not going anywhere.
Basically just a shell again.
JMO.
Amazing the life this stock still has, no one knows about it, late filing, and it is back into the $0.30's. Almost like their friends know about it and know what is going on.
I have no shares, but I am trying to keep an eye on it just in case some good news comes in.
Further proof of Charlie’s ineptitude.
He has single handedly destroyed FWAV with this merger,.
What an ass.
That is why you will see continued weakness here.
I expect it will quickly drop to $0.15 or lower.
JMO.
FORM 12b-25
NOTIFICATION OF LATE FILING
FWAV DOWN 20% with bitcoin moving to $48,000.
Who would have thought?
Hmmmmm…….
FWAV will not move with bitcoin because they are NOT a bitcoin mining company. They need $270 million to get these machines and then start mining.
That won’t happen. No one will finance this farce of a company.
I am so happy that Charlie and his cronies got millions of shares of a worthless OTC stock. Hope it drops to pennies because that is where this scam operation belongs. JMO.
Hahahahahahahaha.
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EdgeMode is a high performance computing infrastructure management platform. EdgeMode deploys Bitcoin mining data center containers fully-integrated into the locations of its energy asset partners. For more information regarding EdgeMode, go to www.edgemode.io.
The acquisition of EdgeMode is subject to a number of conditions, inclosing the execution of a definitive agreement between the parties.
https://www.otcmarkets.com/filing/html?id=15186033&guid=tlx9k6_tBesX73h
About Edgemode
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