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Yes, the new shell designation should wake them up where they actually try to find a reverse merger candidate for this stock. I am not sure they can dump shares if they are an empty shell. With this share structure you would think they could find a good candidate.
It’s a shell right now.
A empty ticker waiting for a company to reverse merger Into it.
RS don't need FINRA approval, but reverse mergers do. That's why they take so long. They probably have good reasons why they don't give much details about this, can't wait to see how this plays out.
I agree. Nothing ever added up here with this R/S. Anyway I added some .0003 and had orders in for several days to add at .0002 but never got any. They had my bids all hid. Glad to see it getting some action today.
Looks like a reverse merger to me, management has not been very clear as to the reasons for the RS. Could be an announcement soon as to why, or not. Doubt if it's an up listing. but something is definitely going on behind the scenes.
- Hopefully never. I never seen any need in it unless there has just been a ton of dilution recently. SS didnt look too bad to me. Nothing here seems to add up. Finra may not even approve it. Anyway according to the next paragraph in the filing looks like they have until the end of this week. Should show up on the daily list soon if it gonna happen.
https://otce.finra.org/otce/dailyList?viewType=Dividends%2FDistributions%2FSplits
Outstanding Shares
622,185,523
ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
On March 4, 2024, Hallmark Venture Group, Inc. (the “Company”) held a special meeting of shareholders via telephone (the “Special Meeting”). At the Special Meeting, the shareholders approved a proposal to grant the Board of Directors of the Company discretionary authority to amend the Company’s Certificate of Incorporation to effect a reverse stock split of the issued and outstanding shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”). Such reverse stock split will combine five hundred (500) outstanding shares of Common Stock, into one share of Common Stock at any time prior to March 31, 2024 (the “Reverse Split Proposal”) resulting in 1,244,371 shares issued and outstanding.
Load up! This one headed North very soon.. IMO! (back to 50 dma min)
Struc
You’re welcome, best of luck ~
Thank you Veronica
Can finra refuse to process it?
No worries, best to you ~
Thank for the info :)
$HLLK
Regarding HLLK, they filed an amendment to the Florida SOS for a 1:500 reverse split, however the SOS sent it back due to the fact the date of adoption of each amendment must be included in the document. The SOS gave them 60 days or the amendment would be abandoned.
03/25/24 O/S 662M …
$HLLK
https://www.otcmarkets.com/stock/HLLK/security
See nothing on the daily ….
GLTA :)
$HLLK
Happy Easter!
If I’m mistaken I apologize… I never noticed that the accounting/auditing firm was based outside the United States. Recent change update?
GLTA :)
$HLLK
https://www.otcmarkets.com/stock/HLLK/overview
Would be the BEST April Fools ever if they said never mind….
GLTA :)
$HLLK
Discretionary authority…… anytime before the 31st ….. proposed ….. yes/no?
Anything could happen in the cryptic penny world we live in. Jmo
Cursed with optimism but living a great life , Happy Easter to those who participate.
GLTA :)
$HLLK
I still don't see it on the daily list altho there was a 10K out today. I would think they should have had it out today as markets are closed for the rest of this week. I guess we will see
Hopefully never. I never seen any need in it unless there has just been a ton of dilution recently. SS didnt look too bad to me. Nothing here seems to add up. Finra may not even approve it. Anyway according to the next paragraph in the filing looks like they have until the end of this week. Should show up on the daily list soon if it gonna happen.
https://otce.finra.org/otce/dailyList?viewType=Dividends%2FDistributions%2FSplits
Outstanding Shares
622,185,523
ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
On March 4, 2024, Hallmark Venture Group, Inc. (the “Company”) held a special meeting of shareholders via telephone (the “Special Meeting”). At the Special Meeting, the shareholders approved a proposal to grant the Board of Directors of the Company discretionary authority to amend the Company’s Certificate of Incorporation to effect a reverse stock split of the issued and outstanding shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”). Such reverse stock split will combine five hundred (500) outstanding shares of Common Stock, into one share of Common Stock at any time prior to March 31, 2024 (the “Reverse Split Proposal”) resulting in 1,244,371 shares issued and outstanding.
When will it happen?
Thank you
I think it might be a great buy now since the price and the float is so low
There was supposed to be a change of control with a new CEO, but that got cancelled.
https://www.otcmarkets.com/filing/html?id=17317741&guid=xFd-kaWsW4w-B3h
Then they announced they planned on conducting a reverse split. This despite the fact that they only have around 650 million shares outstanding
https://www.otcmarkets.com/filing/html?id=17373272&guid=xFd-kaWsW4w-B3h
Do you know what caused the collapse
This stock has the lowest market cap of any I have seen. Around $140,000 at .0002 and $200,000 at .0003.
Agreed a RS makes no sense with only
600 million OS. After the split this will only have 1,244,371 shares. They abruptly canceled a COC a few months ago.
Makes me think they may have found something better.
Just my opinion
To do it being no where near the A/S as well, perhaps there is something on the horizon.
Some RS this year holding strong so… who knows. Jmo
GLTY
$HLLK
Reverse Splitting a stock with only 600 million shares outstanding. Now I have seen everything. I wonder if they are working on any mergers
Actually it is 1/500 but both are just about as bad.
From the 8K
Pursuant to a Special Meeting of shareholders held on March 4, 2024, on March 13, 2024, the Company’s amended and restated Articles of Incorporation adopting the 1:500 Reverse Split of the Company’s Common Stock was accepted by the Florida Secretary of State.
https://www.otcmarkets.com/filing/html?id=17373272&guid=Lvd-knmv0E2mB3h
I wish people listened to the advice “to run”
Yeeeep, like I said. Yo-yo's the shell to make it look like something exciting is happening, dilutes into the volume, then retakes control for the reverse split to do it all over again. Strickland is a top 3 OTC scammer.
03/08/2024 sees no increase in the O/S of 622M compared to 02/23/2024 update…
Million, not billion…..
GLTA :)
https://www.otcmarkets.com/stock/HLLK/security
$HLLK
Blessed with time & patience….
Here when it happens….
GLTA :)
$HLLK
🚨 $HLLK
💰0.0008
Pink Current, AS: 2.5B, OS: 622M, US: 461M
Phone Updated:
🔴 877-646-4833
🟢 +1 877-646-4833
Public Float Updated:
🔴 395,985,750 (2022-12-14)
🟢 451,132,078 (2023-12-31)
Difference: +13.9% (+55M)
Director(s) Added:
🟢John D Murphy Jr., Director
🟢Paul Lucien Strickland, Director
Reverted back to the Liverpool address …
GLTA :)
$HLLK
Nice….
Sub-Billion O/S @ 622M….
GLTA :)
$HLLK
GLAD I ADDED THE LAST 2 DAYS!!!! CHANGE OF ADDRESS OVERNIGHT!!!!!
That's on Strickland. He's always yo-yo'ing his shells to get liquidity to dump into, but then control always ends up back in his dirty, dilutive fingers.
They can’t get shit done !!
Nah, more like a cliff.
Well that’s a bump in the road in pennyland isn’t it…..
Still riding the share structure until that changes….
It’s a place of anything can happen.
GLTY:)
$HLLK
8-K out today terminating the agreement.
Looks like this one toast.
Volume on a “sales day”.
Added… Thank you.
GLTA :)
$HLLK
622M O/S as of 02/23/2024 ……
GLTA :)
$HLLK
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