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The sooner they get off the OTC the better. Clear what's been going on here.
yes insiders had no problem paying .11s and we are sub .02s crazzy upside here FDCT
Very doable. When it finally gets permission..
It's only 3x off the 52w low. That's nothing. They're supposedly going to seek a financial advisor to access a fair value on the overall merger between $35 mill - $350mill with a float of 41mill so 3x from .006 300% is nothing.. and shares are to held tight
So in other words a 45x from current price is much upside. ;) to .80 cents
The only ones attempting to create doubt are the MMS. Lmao..
Watcher numbers been flat for a whiles now. Most looking for trips and mega% returns, when actually the % returns on this micro float were parabolic on the last move and far exceeded the trips.
Stock is currently set for the next run off this higher base.
This delay is due to BF Borgers.. this merger is solid and CEO and the rest that filed their form 4 are locked in even though they had gotten rid of BF in 2023 much earlier but new CPA agreed to redo their mess.. I like the transparency of this merger
I've shared some due diligence with stocktwits rwod* leas* holders regardless this company making moves under the radar .. some may decide to further look into it .. some may ignore it.. some go with the crowd. There's a saying .. early bird get the first worm
Look at the watchers
Watchers
464
52-Wk Low
$0.0054
52-Wk High
$0.0558
It's clear that the MMS are so stuck And trying everything to wrangle shares. Regardless of the late filing, this is hard core mafia gutter ball tactics. Beyond rigged here.
Right here 0.11 ..so much upside and flexibility upwards
"Common Stock Investment: The Company will secure $5,500,000 in direct investment from Alchemy Prime Holdings Shareholder for Common Stock valued at $0.11 per share, totaling 50 million shares, a significant premium to the current market price."
https://www.globenewswire.com/en/news-release/2023/12/07/2792916/0/en/FDCTech-Provides-Updates-on-the-Definitive-Agreement-for-the-Acquisition-of-Alchemy-Group-Companies-and-Direct-Investment.html
7 million market cap at present. Cheap by all metrics.
https://www.otcmarkets.com/stock/FDCT/security
If they believe this is worth much more than $35 watch out
"FDCT may obtain an opinion from a qualified financial adviser as to the fairness of the Merger and related transactions from a financial point of view;"
Insiders got in at .11 and that's still early. The price to potential here is so wacked from reasonable balance, they've convinced some to sell...lol. They took a quick flip over real monies. Go figure that one
I was wow out of words with this information below but when I found it in the fillings with more clarity.. this is rare gem
This from filling: keywords fairness from a qualified financial advisor WOW
"FDCT and Alchemy to be valued at $35 million and $350 million, or in its discretion, FDCT may obtain an opinion from a qualified financial adviser as to the fairness of the Merger and related transactions from a financial point of view;"
"As per the agreement, FDCT and Alchemy are to be valued at $35 million and $350 million, respectively. "
"Technically, it's a reverse merger, and under the terms, FRCTech will issue 1,700,000 shares of its Series B Preferred stocks for the acquisition. As per the agreement, FDCT and Alchemy are to be valued at $35 million and $350 million, respectively. However, due to illiquidity of FDCT securities on the OTC Markets exchange, the company is not using its market price to determine the value of this transaction."
Thanks for your input
Certainly lot of flexibility getting in early... For those who saw these shared info on stocktwits your welcome!
$4 sustained requirement on NASDAQ or 3 with substantially higher assets etc. I can see a run and test towards .80s, and paper plus on extension before a probable rs. Typically around 30 million outstanding for NASDAQ so can't see much of a reverse split either way. Given full outstanding, a 10 for 1 would get them there but there would only be 4 million in the float. That's not a lot of liquidity for the markets. Either way, with the uplist there isn't any down side for shareholders even with a split. Given the uplist and share structures, I would probably still hold some shares. Most likely dividend in the future. Just my take.
Hey.. you know much about this merger.. I'm back in trying absorb all the new info ..so based on fillings on merger what pps you looking for before up listing to Nasd? Be real ! CEO 30mill float 41mill
This here too sweeeeet .. what's fairness???
"FDCT and Alchemy to be valued at $35 million and $350 million, or in its discretion, FDCT may obtain an opinion from a qualified financial adviser as to the fairness of the Merger and related transactions from a financial point of view;
f. FDCT obtaining at least a $21 million debt facility directly qualified financial institution for the combined entity, which has a proforma $30,000,000 cash on hand, over $12,000,000 EBIT, and three-year CAGR of 100% and
https://www.sec.gov/Archives/edgar/data/1722731/000149315223034845/ex10-1.htm
A rare gem indeed on the OTC. Just a matter of when, not if imo. It'll be a mover to NASDAQ markets, where it deserves to go. They'll get a higher PE multiple there. I'm just glad to be a participant shareholder.
Patience and prosper.
I'm not surprised that there's little talk about this merger ... This company always was under the radar.. they're slowly accumulating small/midsize acquisition and slowly building revenues with such a low float and CEO having a huge amount of shares over 30mill of them aabb* that had over 1bill outstanding shares and got $52 mill for their gold reserves if I'm not mistaken and ran from .015- .60 cents in January of 2021 not many folks knew about it. But we have here a 41mill float valuation between $35mill - $350mill WOW sitting at.018 laughable 6 Mill market cap octqb .. only a metal detector can find these.. with solid fillings this acting like it's ready for the BIG BOARDS
NT 10Q they're on top of things .
Waiting.. is always the hardest part. It'll be worth it hands down.
FDCT yes just watching some meme stocks doing incredible runs, knowing we will have our turn at some point here as well
FDCT we know how easily this one moves, hit .055s area on 1.5m in December no float changes since then, just filed NT-10 cause they had : Due to the Order by the SEC against BF Borgers, Fortune has advised the Company to reaudit the Company’s financial statements for the fiscal year ended December 31, 2022, and to reaudit the balance sheet of the Company at December 31, 2021. The registrant requires extra time to complete the reaudit conducted by BF Borgers without unreasonable time and expense.
Fortune is also conducting Company’s audit for the fiscal year ending December 31, 2023, which includes the acquisition of Company’s wholly-owned subsidiaries on November 30, 2023, Alchemy Markets Ltd. (AML, formerly NSFX Ltd), a European margin trading broker/dealer company licensed by the Malta Financial Authority and Alchemy Prime Ltd. (APL), an investment firm regulated by the Financial Conduct Authority (‘FCA’). The acquisition of AML and APL will materially increase the net assets and revenues of the registrant. The registrant is consolidating both AML’s and APL’s financial statements with its financial statements and requires extra time to complete the consolidation without unreasonable time and expense. Once they release fins and start PRs this will see a 20-50 bagger type run.
ok this keeps us good for now NT-10 Securities and Exchange Commission (the “SEC”) has advised that, in lieu of obtaining a letter from BF Borgers stating whether or not it agrees with the statements herein, the Company may indicate that BF Borgers is not currently permitted to appear or practice before the SEC for reasons described in the SEC’s Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Sections 4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission’s Rules of Practice, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order, dated May 3, 2024 (“Order”).
Due to the Order by the SEC against BF Borgers, Fortune has advised the Company to reaudit the Company’s financial statements for the fiscal year ended December 31, 2022, and to reaudit the balance sheet of the Company at December 31, 2021. The registrant requires extra time to complete the reaudit conducted by BF Borgers without unreasonable time and expense.
Fortune is also conducting Company’s audit for the fiscal year ending December 31, 2023, which includes the acquisition of Company’s wholly-owned subsidiaries on November 30, 2023, Alchemy Markets Ltd. (AML, formerly NSFX Ltd), a European margin trading broker/dealer company licensed by the Malta Financial Authority and Alchemy Prime Ltd. (APL), an investment firm regulated by the Financial Conduct Authority (‘FCA’). The acquisition of AML and APL will materially increase the net assets and revenues of the registrant. The registrant is consolidating both AML’s and APL’s financial statements with its financial statements and requires extra time to complete the consolidation without unreasonable time and expense.
yes FDCT was ahead of the drama BF Borgers caused, to me they had red flags revealed in getting their filings in order earlier than most with all the acquisitions needing sign-offs, and Borgers didnt have them, so they dumped them, a true sign they are on top of their game here
It was good that they rid themselves of BF Borgers SEC shut them down recently
We wait on Fortune CPA, Inc to deliver ;)
"On July 2, 2021, the Company appointed BF Borgers CPA PC (“BFB”) as the Company’s new independent registered public accounting firm, effective immediately, to perform independent audit services for the fiscal year ending December 31, 2021. "
"On April 18, 2023, the board of directors of FDCTech, Inc.(the "Company") terminated its relationship with its independent registered public accounting firm, BF Borgers CPA PC, Lakewood, Colorado ("BF Borgers"), effective as of April 18, 2023."
"On March 4, 2024, the Company, based on the decision of its board of directors, approved the engagement of Fortune CPA Inc., Orange, California ("Fortune") to serve as the Company's independent registered public accounting firm, commencing March 4, 2024."
Very well could. I'm sure they'll nail the timing issues.
They never put out a late filing notice for the quarterly. Hopefully that means they planning on filings coming out today.
They never put out a late filing notice for the quarterly. Hopefully that means they planning on filings coming out today.
It's a win on every metric. Best holding I have on the OTC. I'll be in this for the long term lower tax rate.
Any day could have pivotal filings and news released.
Let's go!!
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
Yes ? NO ?
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
On November 30, 2023, the registrant acquired the remaining 49.90% equity interest in Alchemy Markets Ltd. (AML, formerly NSFX Ltd), a European margin trading broker/dealer company licensed by the Malta Financial Authority. As a result, the registrant now owns one hundred percent (100.00%) interest in AML.
On November 30, 2023, the registrant acquired the remaining 100.00% equity interest in Alchemy Prime Ltd. (APL), an investment firm regulated by the Financial Conduct Authority (‘FCA’). It provides investment advice, acts as agent and principal, safeguards and administers assets in forex, equity, commodities, spread bets, and other financial assets, and provides investment advice.
The registrant is consolidating both AML's and APL’s financial statements with its financial statements and requires extra time to complete the consolidation without unreasonable time and expense.
The acquisition of NSFX Ltd. will materially increase the net assets and revenues of the registrant.
The fillings says it all.. awaiting financial
"As a result, the registrant now owns one hundred percent (100.00%) interest in AML." WOW
What a fascinating turn of events for FdcTech, Inc been known them since 2021 BIG MERGER
"As a result, the registrant now owns one hundred percent (100.00%) interest in AML." *Clapping* poison pill CEO locked up with a whooping 30mill shares.. what not to like about this reverse merger :)
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
Yes ? NO ?
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
On November 30, 2023, the registrant acquired the remaining 49.90% equity interest in Alchemy Markets Ltd. (AML, formerly NSFX Ltd), a European margin trading broker/dealer company licensed by the Malta Financial Authority. As a result, the registrant now owns one hundred percent (100.00%) interest in AML.
On November 30, 2023, the registrant acquired the remaining 100.00% equity interest in Alchemy Prime Ltd. (APL), an investment firm regulated by the Financial Conduct Authority (‘FCA’). It provides investment advice, acts as agent and principal, safeguards and administers assets in forex, equity, commodities, spread bets, and other financial assets, and provides investment advice.
The registrant is consolidating both AML's and APL’s financial statements with its financial statements and requires extra time to complete the consolidation without unreasonable time and expense.
The acquisition of NSFX Ltd. will materially increase the net assets and revenues of the registrant.
Yes, $35-$350 mill on 41mill float with CEO stacked at 30 mill shares is extremely rare or rarely found in OTC land. You have to have a metal detector to locate these gems ..
Exactly and should easily run into paper given the metrics here.
No fan by my book. But executes billions nonetheless. Hopefully they'll play a major role in untapping the suppressed value here.
agreed big time, but w/o updating investors, most have a three hour trading strategy, let alone a three day time frame, some ask smacking last of sub .02s today is a start thou FDCT for the 10-20 bagger she can easily be here
Ken Griffin is the devil...
They certainly improved over 3 years this low price and market cap doesn't justified their assetsnmerger
yes and FDCT has much more going on now, they just need to get some PRs released
Extremely undervalued here it once was trading in the upper .80 cents back in February of 2021 never had a RS always was a low floater [img][/img]
FDCT welcome to the board, only a few of us here but expect that can change in a heart beat anytime great SS just updated with no changes of course FDCT Security Details
Share Structure
Market Cap Market Cap
6,994,525
05/13/2024
Authorized Shares
500,000,000
05/13/2024
Outstanding Shares
388,584,729
05/13/2024
Restricted
358,361,597
05/13/2024
Unrestricted
30,223,132
05/13/2024
Held at DTC
28,870,132
05/13/2024 $FDCT 3/16/2024 Pink Current, AS: 500M, OS: 388M, US: 30M
MMS learn they can't win all of them. OTC is still a short raid haven. CDEL has booked billions in profits with only nominal sec fines. One big rigged cesspool since the bozo administration took over. Might be the hot sector going into the summer/fall pre election covering.
Well, they better watch out- fillings overdue and news low float .. the combination of ingredients should already have this above .25 cents n way more.. the float is a sweet spot and value
MMS got caught short, primarily ASCM. Their still trying to cover using other MMS as cover IMO.
Indeed. I knew about this back in 2021 when they had acquired condor Fx pro made my first twitter post on Nov 2021.. patience and timing.. BIG MERGER with Alchemy Group value between $35 -$350 million and CEO owns 30 mill shares .. why are wenat .014-.018?????? Wow Gem under a Rock.. due for news fillings showing merger details
Yep you found the needle in the hay stack. One of the very best OTC to NASDAQ bound fintech plays around!
Patience and prosper!
This certainly very much under the radar and extremely undervalued merger.. Nasdaq bond .. awaiting 10Q n 10K CEO owns well over 30mill shares estimated of well over $500k with a float of 42mill ...
"Technically, it's a reverse merger, and under the terms, FRCTech will issue 1,700,000 shares of its Series B Preferred stocks for the acquisition. As per the agreement, FDCT and Alchemy are to be valued at $35 million and $350 million, respectively. However, due to illiquidity of FDCT securities on the OTC Markets exchange, the company is not using its market price to determine the value of this transaction."
DD sources:
https://www.financemagnates.com/institutional-forex/exclusive-fdctech-agrees-to-acquire-alchemy-group/
https://www.gurufocus.com/insider/176841/mitchell-m.-eaglstein
https://www.otcmarkets.com/stock/FDCT/security
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