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From what I gathered on the zoom call is the George Sharp lawsuit is over
You’re correct. However, a clean shell (which this is not due to the astronomical o/s, debt, and judgment issues) is probably worth no more than $1M. Do you disagree? The entire control block and all the restricted shares should be transferred to a new owner who can actually R/M a real asset into this shell. A new owner could pay back the debt that has accumulated, pay off the GS judgment, cancel the restricted shares. And then the stock could be a runner. My opinion is worth nothing but it is what it is. They need to sell the shell and stop wasting investors’ time and money.
Thanks. Agree that expanding the float here would be a death sentence. Glad that’s not happening, at least.
Thanks, I appreciate the perspective. Hoping this works out. I think they need to sell this shell and stop messing around and hand this vehicle over to somebody to take this over who has real assets.
Did you recommend this to Ethan?
I truly think some of you on this site are confused about the $5B block of shares that the CEO & Board Director is sitting on at FUNR and just how powerful the shares are to eventually Strike a Deal with a Reverse Merger Company; and by the End of it the Reverse Merger Company will be the one with 10-15% of the shares of the Block +/- as they bring their Run Rate Revenue with them to drive Shareholder value in one of the Divisions of FUNR that could eventually have numerouus divisions within FUNR and look like General Electric or Amazon who have numerous divisions to help balance out their Conglomerate.
All FUNR needs to do is stop all their bullshit childish verbiage about "Building out the FUNR" community, and simply buy a Reverse Merger Company like a Real Estate Company, Restaurant, Movie Theatre, REIT, Technology Company, Commerical Real Estate, etc. using the 5B block or part of it.
If you don't help the FUNR CEO and Board Director find M/A activity or Reverse Merger Candidates you are waisiting your time on here, and I hope you all have a Blessed Week! $FUNR
Got Milk?
— FUNR (@FUNRstock) July 25, 2024
Got Recurring Revenue Run Rate?$FUNR discusses @NutraCustom and the path forward.
Zoom #3 Tue Jul 30th 6PM Pacific Timehttps://t.co/86bsgQ6xru
Passcode: 7M2yVC
RRRRhttps://t.co/Mc9Pt1sbOC
It’s a balance :)
Yeah I’ve added too
.01+ is currently possible with float as of now . I own more than the Cubv days with my original Cubv shares x 3.3 :)
Just takes one good deal
Shares are all massively restricted unless shell changes imo so float still good
Ethan Owns approx 5.5 billion 2,665,514,328 were there before him, total of 8,165,514,328 so he's issued around 1 billion to outside parties
250 million of are Cox's he has not Issued 1 share to sell directly on the market unlike Most CEO's would have dumped this to .000001
and he said he will not do that ever at least that's what I got out of last nights CC
He said he was using the 5.5 billion shares as a way to keep control of the company... I think if he did it right and converted them to Preferred shares he could maintain that same control but then that leaves the door open that he could sell more shares to outside parties that could convert in the future and dump like no tomorrow with him controlling those and being an insider he'll have a hard time doing many per month if he wanted to
2.1 b got investors to keep us current imo me included
5B is ‘control block llc’ but that majority of the rest of the 9.1B o/s shares have been issued under their watch in the past couple years. There were around 2B prior. So that’s approximately 3B issues for nothing. Am I wrong?
Created by Ethan ? How so ? He wasn’t around years ago .
Deano361… I think I’ve accurately described what needs to happen here in order for the stock to be worth anything. Current management has dug a deep hole for no reason. Only a competent new owner can right this ship imo. That must include cancelling all the shares issued to Ethan and others over the past few years. Or an R/S. Which FINRA likely wouldn’t even approve. This is a mess and it wasn’t inherited by Ethan et al in fact it was created by them. Sad situation for bagholders like us.
Yep he said he will not further create shares so that’s good . Need reduce or lock up those 5b
Maybe. Ethan seems motivated which is good.
He’s gotta do something about the SS
All the top otc traders see that and stay away unfortunately
Yeah, I don't see that until a larger catalyst comes in. Maybe .005 with current r/m discussion news and removal of shell risk. .01 spike maybe?
Like to see 01 again lol
I think he wants agreement of r/m but ability to put more than one in it somehow . Multiple subsidiaries in . Conglomerate. Agree we need cash so thus be a good first step
The company doesn’t have the wiggle room with no income and huge SS to play around and not rm.
Just get it over with, take the money and run and let a real company take over imo
I belive it will be a RM.
I believe that is still being decided/negotiated. I’m hoping obviously for r/m
So it’s a partnership? Not a merger?
It was good . I was multi tasking and had another call internationally for my current company . However the parts that I did listen to were great. The deal with nutra custom finalized in August if it works out . It would make us have revenue and ultimately lose shell risk . We need more rm candidates and also cash of course
How did the call go?
Join the call dudes ! Going to be moving when this comes Together . Revenue is coming
Maybe hear tonight
How close is a deal? Is it a merger or some kind of partnership?
@NutraCustom shows its factory at work. This is a production run for gummy which can contain various ingredients depending on the desired end product.
— NutraCustom (@NutraCustom) July 23, 2024
We are scientists. Our products reflect this with quality, consistency and health standards.https://t.co/E6Rf8spIQU
$FUNR presents @NutraCustom video of its factory making gummies, one of a myriad of its health products FDA approved
— FUNR (@FUNRstock) July 23, 2024
Every item which rolls off the line is revenue! Think of the possibilities with $FUNR as the corporate platform.
Watch below at 3:10 minhttps://t.co/NPCZiPu0CX
$FUNR ZOOM #2
— FUNR (@FUNRstock) July 23, 2024
tonight 6-6:30pm PST
Here is a link to the meeting: https://t.co/8lGXLMZb36
Passcode: 1Nb12y
Looks like starnutraceuticals.com is ligit. Decent sized, well established company. Looks like a partnership in the works that can bring real immediate value. Good job Ethan. Exciting times for $FUNR
or temporarily freeze them as preferred as well helps. We'd still have several billions but still a chance for .01 again then.
The stock structure is why the stock is in the low trips. I’m genuinely curious what he means by somehow implying that the SS is good. The only way that makes any sense to me is if transfer all the restricted shares in a change of control, and then new management cancels them all. I’m scratching my head how anybody would brag about a SS with at least a couple billion shares (not including the ‘control block’) potentially to unlock unless they’re cancelled. I am following along here just in case somehow they figure out how to sell this shell and a new owner cleans up this mess.
I recognise a couple of those. Guess we will have to wait until tomorrow to find out what kind of partnership/merger they have.
here is all the products they have https://starnutraceuticals.com/
NutraCustom
@NutraCustom
$2 million annual sales and NO debt. We are growing! Cutting edge team of Doctors, Scientists, Chemists, Marketers & Designers under STAR NUTRASCIENCES, INC.
at least he's listening to me on that idea I was talking to him about months ago....
Not sure on ARG heard issues idk . I could have my facts wrong
Wished he made a deal with these guys but they are starting from scratch now
We have engaged several law firms to discuss starting a new ticker on OTC. We can structure the shares as we see fit to benefit the company and the shareholders without all the skeletons. This past week we've had a lot of keyboard warriors telling us their version of the OTC, https://t.co/sKOkiLQ4cB
— The ARG Group LLC (@TheARGGroup) July 22, 2024
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210 Consecutive Weeks No Dilution
210 Consecutive Weeks No SS Changes
No Convertible Notes
No Reverse Split Confirmed
AS Reduction Coming
OS Reduction Coming
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no changes in the share structure in a VERY LONG TIME...
7-2-2020
157 Consecutive Weeks No Dilution
157 Consecutive Weeks No SS Changes
No Convertible Notes
No Reverse Split Confirmed
AS Reduction Coming
OS Reduction Coming
*************************************************************************************************************************************
“The big money is not in the buying and selling, but in the waiting.”. – Charlie Munger
https://www.otcmarkets.com/stock/CUBV/profile
https://twitter.com/CubaBevCompany
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