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Just finished an action/adventure fiction thriller novel called Poaching the Poachers: The Key to GREED and have submitted to twenty potential publishers...equally as difficult as writing this 400 page monster is attempting to sell it...though I think it can sell itself...quite a twisting plot
nibbling......just a little each week.....lets go joe charboneau!!!!!
TS
Happy Saint patty's day to the board...may the luck of the Irish be upon thee and Vyome
Company voicemail is full, Venkat on top secret silent mode imo
Man, we have to be getting real close to something...in the meantime there is GOLF
And another one gone, and another one gone….another one bits the dust…sing it
Sleepy Joe - State of the Union and the joke is on us (U.S)
...one man's trash is another man's treasure, lol.
We have to be very close here...very very close
I know I've said this before, but again, the price means nothing now other than the opportunity to scoop up some cheap shares, because as soon as this merger is official it is GONE! .10 will come in a HURRY!
Ha Ha...time to roll for sure
Thanks……I think last year he was away for about 6-7 weeks, this seems
like another 3-4 weeks he was away…..let’s go!
It’s time for VYOM……not LICHie gitchie eye yie yie
TS
LOL……very true…….good line, I love it..
Totally agree, the seller yesterday was a desperado
I think today was just someone playing around trying to get so more cheap shares.
Yesterday was someone needing to pay rent and couldn't wait any longer. No way I'd give away a million shares at this price unless I was starving.
Called the Vyome phone number a couple times this week and it has a domestic ring tone all the way to the voicemail, so venkat must be back in town
Someone doesn’t want this over a penny…..hmmmm
TS
I’m the one that bought the beer…
I purchased 10000@ .007= 2 or 3 cases, depending on what brand they buy.
TS
I added 250,000 at .006
I got some but not nearly enough.
I should have really stepped up to the plate........
LOL
I bought some so I guess they are drinking on me.
Can't wait till I am drinking the good stuff.
someone got some cheap shares
We go Pink Current and someone unleashes a sell order.
Unreal
I called the Vyome number yesterday sounded like a domestic ring tone so he may have come back...hope some fireworks soon...like you said I don't think they would have filed the letter and financials if they didn't have an intent to use the shell for the merger...
Probably due to their current Pink Limited and Unsolicited quotes only status. Im surprised the Yield sign didn't come off yet since they filed their Q on 02/26. Perhaps on Monday it will return to Pink current.
I just noticed that there has not been a share sold in two weeks...anticipation maybe?
In addition, this has to be the longest he’s been in India, without returning
to the States…something’s up….good, bad…who knows…sell or merge..
They need to merge into the shell to get funding or progress their drugs..
Let’s hope it’s good…the desert is a lonely place…we’ve been here for years..
Good luck all.
TS
Only difference is the new OTC Markets Template. Other than that no change. I feel very optimistic about that fact that they just got all their filing ducks in order. They can't stay a shell much longer. The fact that they just filed attorney letter and quarterly leads me to believe they are close. If they were going to let it lapse they would't have spent all the money or effort to stay current. They are keeping current for a reason. On a side note... Venkat has gone dark the past 2 weeks on his social media postings. Perhaps he's busy on planning the RM? I can dream cant I :) I do have a feeling we will hear something very soon.
New Quarterly is out. I don't see anything new at first glance.
That makes sense...
Filing was due on Feb 14th----it's why they are pink limited
well, I guess he has to post quarterlies in the next few days so maybe something in there
He has to do something with the shell soon. Shit or get off the pot, Venkat!
yes I tried a couple times and was denied I guess because of the yield sign...next week Venkat has to make some kind of move to reveal the future imo
Impact on Markets for Unregistered Securities
The implications of the new interpretation of the Rule are likely to be most keenly felt in the Rule 144A market in relation to fixed income securities issued by companies (“Private Companies”) which are not registrants under the Exchange Act[4] nor otherwise required to publicly provide current financial and other information in the manner contemplated in that Rule.[5] In addition, Private Companies which issue fixed income securities in reliance on certain other exemptions, such as Section 3(a)(9) (exempting exchanges of one security previously issued by an issuer for another security of the same issuer, for no further consideration), Section 3(a)(10) (exempting exchanges of securities for existing securities or other claims pursuant to a governmental hearing) or Section 1145 of the U.S. Bankruptcy Code (exempting issuances of securities by a debtor in exchange for claims against it or an affiliate pursuant to a plan of bankruptcy under Chapter 11 of the U.S. Bankruptcy Code), will also be similarly affected.
Securities offered and resold pursuant to Rule 144A are, by their nature, restricted to qualified institutional buyers (“QIBs”) and are generally subject to highly negotiated and detailed financial reporting covenants. In addition, for Private Company issuers, Rule 144A has, since its adoption in 1990, required that QIB investors be entitled upon request to receive certain specified information (the “Rule 144A(d)(4) Information”)[6] from the issuer. Typically, such information has been provided by Private Companies only to QIBs through a secure online portal, or direct delivery to the QIB, which allows the information to be disseminated efficiently, without public disclosure. As a result of the new interpretation of the Rule, Private Companies that issue Rule 144A fixed income securities and wish to ensure that US broker-dealers may publish quotations for such securities will no longer be able to rely solely on such private dissemination methods of Rule 144A(d)(4) Information.[7]
Requirements of the Rule
Below we summarize the key requirements for Private Company issuers of fixed income securities under the Rule (as recently amended) which, for Rule 144A fixed income securities, will take effect on January 4, 2023, absent any further action by the Commission.
Current Information Required by the Rule
For US broker-dealers to be permitted to provide quotations for fixed income securities of Private Companies, the Rule requires the following issuer information, as of a date within 12 months of the date of the quotation (unless otherwise indicated), be publicly available[8]:
identifying information about the issuer and the relevant security (including the name, address, title, class, etc.) and the total amount of the securities outstanding as of the end of the issuer’s most recent fiscal year;
information about the issuer’s business (e., a description of the business, the products and services offered, names and titles of all insiders, etc.); and
the issuer’s most recent balance sheet (as of a date less than 16 months) and profit and loss and retained earnings statements for the 12 months preceding the date of the most recent balance sheet, and similar financial information for such part of the two preceding fiscal years as the issuer or its predecessors have been in existence.
The information described above is substantially similar to the Rule 144A(d)(4) Information requirement of Rule 144A for a company that is neither subject to the reporting requirements of the Exchange Act nor a foreign private issuer exempt from such reporting requirements pursuant to Rule 12g3-2(b) thereunder. However, unlike those requirements under Rule 144A, the Rule will require that the Private Company issuer make such information publicly available if they wish to permit US broker-dealers to publish quotations on the issuer’s OTC securities.
Following a recent interpretation of a long-standing rule, Rule 15c2-11 (the “Rule”) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), by the Staff of the Securities and Exchange Commission (the “Commission”), issuers of fixed income (e.g., debt) securities, including such securities initially offered and sold to investors in reliance on available exemptions from registration under the Securities Act of 1933, as amended (the “Securities Act”) (most notably Rule 144A under the Securities Act (“Rule 144A”)), will be required to publicly disclose specified current financial and other information in order to allow US-regulated broker-dealers (“US broker-dealers”) to publish quotations on such securities. For example, this rule will impact private companies that issue high yield or other bonds under Rule 144A and who wish to ensure that there is sufficient liquidity for their investors. Securities of issuers that do not choose to publicly disclose the information required under the Rule could suffer significant limitations in liquidity, as discussed below.
The SEC Rule 15C2-11 prohibits me from accumulating this security. Even on the ask. Glenngroove have you try lately.
Confusion says, "Post Something Venkat!" lol...still patiently waiting
Confucius say "The quiet toad catches the fly"
This silence is brutal...I called the company but still with an overseas dial tone
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