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By the way, I give this just a 5% possibility to come true%%%
Some more food for thought...
They claim on the funny Italian forerunners page that they have worked on the Arco deal since 2022!
Is itt possible that illegally they have shifted mony from GEGR to Arco without disclosing this in the filings in order to prepare ror the merger???
That would explain where the missing money went!
This is just speculation and the lack of any insider buying seriously challenges this theory!!! BUT WHO KNOWS!!!
Obviously they give the boot once again to their shareholders and neither file the yearly report nor a necessary notification of late filing!!!
OTC should have banished them long time ago to the expert market!!!
Will the Italien forerunner crooks have at least the minimum decency to submit a late filing notification or will they just let it go as expected???
Almost 6 months since the crooks bragged about being current and now, in 2 weeks, we are very likely facing another filing delay without any explanation!!!!
JUST UNBELIEVABLE!!!
Why the OTC hasn't given them the stop sign yet or even put them on expert market is a big mystery!!!
Reporting time is coming closer and i wonder if they miss that deadline as wdll!!!
Wouldn't surprise me a bit because in mho the Italian forerunners have failed the Arco deal weeks or even months ago due to the huge loss of assets ergo not being able to get financing!!
Yep, the whole set-up looks very suspicious!
I keep wondering about their next news!
Sure is a great way to launder money
Another insane spread of almost 200%!!!
The crooked Italien forerunners TRUELY have killed the stock!!!!
Gaensel's acquisitions have the unpleasant feature to go out of business or bankrupt shortly after GEGR invested in it!
Good examples are ILDA, Protonstar and VR Metro! That's probably where they lost most of their cash assets, assuming no criminal activities were involved!!
I wonder if Arco follows the same path!!!
Will we loose the penny today???
There might always be a moron who dumps 100 shares into the bid!!!
By the way, i still believe it is absolutely outrageous, that the Italian forerunners keep investors once again completely in the dark what is going on!!!
REPORT THEM!!!
Of course not!!!
Like last time they might go dark many months and than present us another fantastic idea which just falls apart later on!!!
Who the hell would start ANYTHING with these people???
Food for thoughts :
Money laundering is a serious federal crime in the U.S. It involves disguising the origins of illegally obtained money through transfers and transactions to make it appear legitimate. The penalties are severe and reflect the gravity of this offense
Has anybody spotted the Italian forerunners???
Maybe they took a wrong turn after enjoying too much Chianti and/or Ramazzotti!!! LOL
https://research.secdatabase.com/CIK/1998661/Company-Name/ARCO-TECHNOLOGIES-INC.
Form C-U Arco Technologies Inc.
progressUpdate>Arco Technologies raised $467,415.20 at the end of their offering.
Not much but still better than the illegal silence from the Italian forerunners!!!
Oil steady as markets weig
December 12, 2024 1:09 PM EST
Will they have the decency to give us something before year's end or at least say *sorry for the delay it took us much longer than the timer once showed but the deal is still on and progressing *???
Most probably not but you can always hope!!! LOL
I would be very surprised if the Arco deal is still on!!!!
Back in 2022 when the Italian forerunners started this, their cash position was much better and promising. Now with just 12 millions of assets left, imho there is a big question mark behind their ability to secure financing!!!!
Seems the situation is very similar to the faild Tecalco deal!
They are truly making this to the laughing story of the OTCB:
Millions earned millions wasted
Timer on timer off
Pink current pink limited
Arco on Arco Off maybe.???
WHAT'S NEXT???
Any questions you can call this guy: Angelo D’anzi- +39 342 801 3550
The crooked forerunners invite us to their world but we all know what an unfriendly world it is:
no communication for many months
Emails don't get answed
No effort to get current again
No explanation about the faild timer
No explanation where they are with Arcor
No information where they lost the 50 millions
No explanation why they switched the old very profitable business into one showing a loss
All in all the whole thing carries more red flags than any investor is willing to take!!!
That's what the Italian forerunners, LMFAO, tweeted almost 3 months ago:
We are pleased to report: OTC PINK CURRENT. As part of our reorganization we have engaged a PCOAB Firm and are proceeding with our financing plan for the pending merger agreements.
Now they have lost pink current once again and you have to wonder what is going on!!!!
The lack of interest and the huge spread tells it's own story!!!
ARE THE ARCO PEOPLE STILL HAPPY WITH THE FORERUNNERS????
So how long will the Italien forerunners, LMFAO, who can't even stay current keep us waiting???
That yield sign is not a good indication of what is coming!!!
https://arcogegr.com
All the text is gone.... Maybe they realized that the Italian forerunners have gone into the wrong direction!!!
SO SAAAAAAAD!!!!!!
By the way, the yield sign is still on!!!
Seems OTC Markets doesn't like that POS filing with most numbers and information not provided!!!
The yield sign is still on after 6 days!!!
7 weeks past timer i think it's clear that they have problems to put a financing package together!!!
Who in the world would lend any money to these people???
Not much new and for me the major concern still are the missing almost 60 millions!!!!
They show ZERO current assets and just 11 millions fixed assets! I just hope tbose do not refer to Protonstar and VR Metro becaus PS was liquidated and VR Metro seems inactive since they invested there in 2021!!!!
EVERYTHING STILL SMELLS VERY FISHY!!!
Seems very much the Italian forerunners have gone into the wrong direction!!! LOL
If the arco deal is still alive, and that is a BIG IF, I just hope the arco team has done a better DD than GEGR when they invested in companies loosing them 50 mills!!!
Has anyone spotted the Italian forerunners and can remind them that they are very close to loose pink current once again!!!
They do it again in the very last moment, IF THEY DO IT AT ALL!!!
ITALIAN FORERUNNERS MY A##! !!!!!!
Just another day for the filing and still no interest for the stock!!!
Even if they would show something positive i think the pps will remain stagnant, except maybe a short lived spike, because same as the last years the market remains sceptical about whatever they say because their reputation is pretty bad!!!
If they wiould provide audited fins as they said they will the situation might change!!!
Ok, as expected the Italian forerunners are late ONCE AGAIN, but at least they did notiy OTC!!!
Now let's see what is going to happen coming Tuesday!
Waiting for the late filing notification or will they just let it slip same as the timer???
Someone has obviously fun driving the pps up or down by huge percentages with these mini trades!!!!
I wouldn't be surprised if it's t he same idiot over and over again!! (
Let's face it, since the end of 2023 they have a terrible Informationen policy and nobody knows what's going on!!!
Hell, they even started a count down clock without telling us what purpose it had!!!
So no surprise that investors don't touch it!!!
SHAME ON THE ARROGANT MANAGEMENT!!!
Don't forget GEGR claimed to have made almost 70 millions in net profit the last 3 years!!!
Even if they lost most of it again, for whatever reason, I'm pretty sure there is enough left so that they don't have to worry about money!!!
It would really be interesting to know what "POT" Koley & Salazar are being paid out of. I'm sure they're on someone's payroll but their lack of communication is a really bazarre.
They have 10 trading days more to file the qr for the last quarter!
Let's see if the forerunners are at least able to meet that deadline!!!
It's more that 2 weeks after timer and still no beep from the company!!!
I fully anticipate now the worst case scenario that the deal is off most probably because they can't secure financing!!! This is why the Tecalco deal failed 2 years ago!!! If that's the case we are in for another long long waiting period until they can come up with something new!!! But at least they would have to correct the OTC page i guess!!!
Something must have leaked...... a brave soul hit the ask with 2.5 bucks!!! LOL
The longer we have to go without news the bigger the risk gets that they messed up again and failed to close the deal ignoring AGAIN the reporting requirements!!!
Well, they are the master of illegal silence keeping their investors completely out of the loop!!! Nothing for almost 2 years when they should have reported several material events!!!
Now the selve made-up forerunners just continue that practice!
And i still would like to know how they mysteriously managed to turn almost 70 millions of net profit into just 12 millions of assets!!!
I've sent multiple notes to the Arco Contact Information address but, to-date, no response...Might have to agree with you with dealing with a Ham&Egg Organization.
One week past timer i have to wonder if the deal is still on or if they have messed up again like the Tecalco disaster!!!
Remember this one from Nov 22
GEGR signs to acquire a 40% stake in http://TEC.AL.CO srl. Welcome to the world of Innovative Aluminum conductors.
As we all know they failed!!!
I just hope Arco doesn't go the same path!!!
Well. Our forerunner still seems to be just another stinky pinky probably scammy OTC with no consistency and a terrible communication policy!!!
Is it really too much asked that they put out a tweet telling us the reason for the elapsed timer, why they failed and when the job will eventually be done???
Oh well, amateurs!!!
Now let's see if the Italian forerunners are capable of delivering ANYHING after their timer is up tomorrow !!!
Why oh why do I have my doubts??? LOL
Your self-declared « timer » means nothing
2 to 3 trades per day keep the profit away!!!
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