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Exactly what I was worried about. But don't shareholders have to be reckoned with before they can sell the shell? Seems like there should be Rules or Laws to protect the Shareholders. Do the shareholders go with the sale of the shell Company to the new owner? What happens to them?
They are not OBLIGATED to do anything. They could sell it as a shell while it's still EM but it's unlikely they would get much for it -- of course they didn't pay much for it, either.
The court "battle" and the process for getting the ticker Pink Current are two different things. They need OTCIQ access, regardless of the court result or not, and then they need to get the ticker current, either by filing all eighteen of those missing OTCIQ statements or by reporting to the SEC again the way they did for KATX.
The court hearings don't mean much -- the holdup is their inability to complete an audit, I think, and we don't know why that's been such a problem. Let's assume the Holmes family is taken care of and gone -- now they need to complete the audit. I always thought that mysterious "payable upon demand" loan was the problem, but hopefully they resolved that.
It also appears that Currier needs to bring the Corporation status in Nevada back up to "Active." She neglected to file the annual report in Nevada last November, so the Corporation is in default in the state of incorporation. She did this in 2021 and 2022 but she didn't do this in 2023.
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
I haven't bothered to look for signs of life with Cyrcadia. I think that scam died off years ago.
GetSerious, Good to hear from you. Did you know May 2 is the next hearing for LLBO to be released from Custodianship. My question has been, can Acropolis or Caren Currier start the process for PinkCurrent before May 2? Are they Obligated to make LLBO Current. or can they keep it the way it is and still sell it as an empty shell that is not Tradeable? Just Wondering.
When did they issue all those new shares? I haven't been paying attention. 1.2 billion added to the O/S since the last filing for Q2 2019. When did that happen?
https://www.otcmarkets.com/otcapi/company/financial-report/227520/content
last filing: 4.95 billion A/S, 3.14 billion O/S
current: 4.95 billion A/S, 4.35 billion O/S
Wish we could see the Class A and Class C share counts. They must have converted some or all of the Preferred stock.
Currier must have issued herself a new Class of Preferred stock to establish voting control.
Interesting. That's a lot of missing financial reports to file -- the last half of 2019, all of 2020-2023..... but it would be a copy/paste effort, pretty much. They could go for Pink Limited and just file the annuals, maybe, but Pink Current is certainly preferable.
I also haven't looked at KATX for awhile... KATX doesn't look good at the moment. Big promises of mining for coal, but the new owner doesn't seem to realize that he has to file with the SEC.
I'm also not understanding what is going on with KAST. Looks like they actually had a profitable 2023 but no PR's and no news of any kind... they haven't diluted the shell yet, but it's only .015 ..... that's a weird company. Can't even tell what they do. They just acquired an interior design company in Singapore?????
well anyway I'll start watching LLBO to see if they revive it. First clue will be some new financial filings on otcmarkets.com, although at this point it might be easier to go back to SEC reporting like she did with KATX.
Lucky, All I am saying is,at the start they talked alot to the Shareholders to get in good standing with the Judge to get Custodianship,(Promising ShareHolder Value First) , and since those first few months, it's been Silence for Years. If they could talk then, I wonder why all communication ended, regardless of Holmes giving it up. Does Acropolis still excist? There is no way to communicate with them. Just Saying.
Groveman1, did you see this post from @runners_stock on X…. To me this explains why they haven’t been able to say much… I’m sure we will hear something from Acropolis after 5/2 court hearing when custodianship is terminated.
“Holmes family has ZERO interest in $LLBO. No longer own any shares as control block was purchased by Acropolis. That’s why a custodianship is no longer necessary. As Acropolis has control. And $LLBO is a clean shell with no debt. And it’s on Acropolis to get current”
Lucky, Don't you wonder why there was no communication what so ever from anyone associated with Acropolis(Caren Currier, all their Lawyers) Just a short explanation about what is happening, and what their plans are, that's all. If you read Caren Curriers Tweets, she practically says she could care less about Shareholders, it almost sounds like Hatred.
Im pretty sure something will be released really soon now! Or at least after the after the 5/2 court hearing. All we can do is wait and I do believe we’re in a better position with Acropolis handling it.
Hate to keep repeating myself, but why can't they at least Release a Notice to ShareHolders like they did the first couple of months of Custodianship. Very Odd.
Groveman1, I think they will once they are dismissed as custodian and file the 10k
. I believe the circumstances didn’t allow.
Lucky and Arnie, Hate to sound negative, but why hasn't Acropolis sent any messages to Shareholders to tell us what is going on and what their plans are. Not to mention, Arnie, you called the Acropolis Lawyer and he new nothing about making LLBO PinkCurrent. He told Arnie to contact Acropolis, which I believe cannot be done(they never return answers to questions). Just seems like Shareholders are last on their Lists. Just my Opinion. Any thoughts?
Arnie1, this is something else Stock Runners said on X:
“If I’m a company merging into $LLBO I would feel better knowing I’m being sold a clean shell with no debt or court proceedings. Wouldn’t you? I feel that’s a good thing as Acropolis is taking all the right steps to get this current. We could wake up one day and Form 10 filed.”
You too Arnie1 !!!
Yes! Me too! Goodnight ! See you tomorrow! Sweet dreams!!
Arnie1… all we can do ! But I have a real good feeling now!
Luckyyu : Great! I agree !! Let's keep on praying 🙏 and it will be answered soon and favorably!!
Arnie1, all I know is that it is in Acropolis’ hands now. Hopefully their 2023 Audit is completed soon and Form 10 is filed. All in their hands…. we could wake up any day and see the 10k is filed. We’re on the right path now so let’s keep praying for the best outcome! 🙏🙏🙏
You have an idea when LLBO starts Trading? And what do you think will be the opening pps?
Acropolis PAID OFF $LLBO Debt to Creditors. There’s no longer any need for custodianship as there’s no fight from the other party. Agreements have been made and it’s a clean shell.
Luckyyu: Happy Easter too!! Again thank you so much for all your efforts!! See you at the top!!
Per Stock Runners on X:
“Holmes family has ZERO interest in $LLBO. No longer own any shares as control block was purchased by Acropolis. That’s why a custodianship is no longer necessary. As Acropolis has control. And $LLBO is a clean shell with no debt. And it’s on Acropolis to get current”
Arnie1… I believe so…. Have a blessed and happy Easter!
This is an excellent news !! This will be a win for everyone!! Which is great!! Luckyyou thank so much!!
Groveman1 - I have a feeling Acropolis owns LLBO now and that’s why they’re terminating the custodianship so that they can proceed with audited financials and 10k etc.
Per Stock Runners on X:
If you read into the documents provided says clearly that Acropolis made a deal with Holmes family and “creditors” who no longer have an interest in $LLBO.
Zero Debt - Clean Shell.
“THE CUSTODIAN DID REACH AN AGREEMENT WITH THE PRIOR PRINCIPAL OWNERS AND CREDITORS OF LIFELINE WHO NO LONGER HAVE AN INTEREST IN THE COMPANY”
Groveman1 - maybe @runners_stock on X can better answer that question… seems she knows a lot about how things work.
Once Courts and Custodianship are all done, who will make LLBO current. Is Caren Currier still around? For Acropolis to sell LLBO, does it have to be PinkCurrent, or can they sell as is right now? Still lots of questions.
Groveman1, yes that’s what I read… and let’s hope so. Who knows wfst deal Acropolis made with the owners but I imagine they need them gone to bring it current… not sure but Les hope so.
Groveman1 - what I understand is that Acropolis made a deal with the family because ultimately they own LLBO, and the family needs to get the audited financials done and file the 10K. Apparently Acropolis attempted to bring LLBO current with the SEC and OTC But could not get it done. Probably because the family needs to get those audited financials done, not sure but it does say that Acropolis went above and beyond their duties as custodian to get that done.
Just read it, sounds like Acropolis no longer wants to be Custodian,. Also just read on Twitter that May 2 is the Hearing on this Paperwork. Hopefully Judge pushes them to get this Current with OTC in May. Is that what you Read?
Groveman1, here’s a link to the document Acropolis filed with the court that @runner_stock shared on X.
$LLBO - Court Filings. pic.twitter.com/ZCUfvhPmBp
— StockRunners (@runners_stock) March 29, 2024
Groveman1, go read the document @runners_stock posted on X that Acropolis filed with the court.
Thanks Lucky, This whole thing does not sound right. ShareHolders are stuck waiting, with no say, Caren Currier and Acropolis are impossible to Contact. There has to be something Illegal about all this.
More from @runners_stock from x tonight!
If I’m a company merging into $LLBO I would feel better knowing I’m being sold a clean shell with no debt or court proceedings. Wouldn’t you? I feel that’s a good thing as Acropolis is taking all the right steps to get this current. We could wake up one day and Form 10 filed. 🙏
Ooops that was an old post… this is wfst she posted regarding today’s court hearing!
To Sum it Up: Acropolis feels there is no need for custodianship hearings as they already made a deal with the Holmes Family and own $LLBO regardless. Hopefully their 2023 Audit is completed soon and and Form 10 is filed. All in their hands @QTToesLA
Whst @runners_stock posted on X…
Notice of Non-Opposition by @AcropolisLLC attorneys. The hearing is scheduled for the same day as tomorrows court preceding. Which further supports my theory that documents were in fact signed selling preferred shares. Now no longer any need for Lifeline attorneys. $LLBO
This was posted from @Runners_stock back in July 8, 2023 so maybe it is a good thing and it is finally going to happen???
Finally! $LLBO Motion to terminate custodianship will be filed in coming weeks! Awaiting documents to revive the corporation. #Soon #ThankGod
I have no idea if this is good or bad!!! Not now there’s a motion to terminate custodianship scheduled for May2024!
Logged into the Court and searched and this is what came up on our case!
03/26/2024 Audiovisual Transmission Equipment Appearance Request
Comment
[27] Notice of Intent to Appear by Simultaneous Audiovisual Transmission Equipment
03/27/2024 Motion
Comment
[28] Motion to Terminate Custodianship
03/27/2024 Clerk's Notice of Hearing
Comment
[29] Notice of Hearing
03/28/2024 Show Cause Hearing
Judicial Officer
Reynolds, Jacob A.
Hearing Time
9:00 AM
05/02/2024 Motion
Judicial Officer
Reynolds, Jacob A.
Hearing Time
9:00 AM
Comment
Motion to Terminate Custodianship
Nothing yet… waiting to see/hear!
Lucky , have you heard anything yet? Total silence on Twitter, (StockRunners). Usually they are right on top of Hearings,
G & L; let's keep our fingers crossed that the right path will be chosen and achieved!!!
Groveman1, yes, hoping we will find out a lot more after today’s court hearing. Hopefully things will start moving quickly after today.
Wonder if Judge will mention how the ShareHolders are doing, especially since they promised to KEEP ShareHolder Value at original Custodian Hearing. It has been a Failure so far.
$LLBO ORDER TO SHOW CAUSE. Dismissal - We may be getting closer to filings here.. tomorrow 9am link below:
http://bluejeans.com/188933357
That would be fantastic Arnie1 so let’s keep praying!
G: IMO, when LLBO is dismissed by the Court; tthis should start Trading! That is; when all the requirements have been met!! However, if it is not, there is a potential for a SPAC, either with Sensoria or other company!! And then, it will start Trading under LLBO symbol or other symbol!! And then Trading will start at least for a$1.00 pps at a minimum!! If it is with Sensoria; pps will open at $10.00!!! Let 's Pray, that my thingking is right!!
March 28 coming up soon. Wonder what happens if they do not make LLBO Tradeable(PinkCurrent) after the Hearing and Courts are Gone???? Then what Happens???
I agree as well! ;)
21tom: I agree!!
Welcome to Lifeline Biotechnologies Inc. (LLBO) Board!!!
Clinical Trial
In Progress - To Be Completed
** Funding for Clinical Trial
** Vendor delivery of testing materials
Completed for Clinical Trial
** Protocol for testing accepted
** Internal Review Board (IRB) approved
** Contract with hospital executed
Prospective Partner
** Stanford University's Canary Research
Research in blood genomics
The Mastascope is an ultraslim, hand held endoscope designed to enter the breast nipple via one of its milk ducts, thus permitting the physician to visualize the interior aspects of the breast. Because many cancers actually begin within an individual milk duct, these intraductal tumors are visualized easily and can be biopsied. This product has been used in leading breast centers in the United Kingdom and other countries with great success. Lifeline has obtained a CE mark for marketing and distribution in Europe.
Lifeline has developed and tested an ultraslim endoscope to directly visualize the ovarian surface in the search for cancer. This is of great advantage to physicians, because neither MRI, X-Ray nor Ultrasonography can provide accurate assessments of subtle surface changes. Initial reports of clinical usage have been encouraging.
About $LLBO - Lifeline Biotechnologies, Inc.
About Lifeline Biotechnologies:
Lifeline Biotechnologies, Inc. (OTC Market: LLBO) founded in 1994 is based in Reno, NV. LLBO has invested over $10M in a device and process for early detection of breast tissue abnormalities some of which are cancerous or pre-cancer. Three “Proof of Concept” clinical trials of over 500 women have been completed and three patents (one hardware, two software) have been awarded.
Safe Harbor:
This publication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, the ability to obtain financing, successful development of the Company's product or market acceptance of the product and regulatory and shareholder approval for anticipated actions.
http://www.firstwarningsystems.com/ became Cyrcadia Health http://cyrcadiahealth.com/
http://www.lbti.com
$LLBO is Cyrcadia's largest shareholder at approximately 40%.
Transfer Agent
OTC Corporate Transfer Service Co.
52 Maple Run Drive
Jericho, NY 11753
Shares Outstanding | 3,026,680,967 | a/o Sep 30, 2014 |
Float | 650,000,000 | a/o Jun 30, 2009 |
Authorized Shares | 4,950,000,000 | a/o Sep 30, 2014 |
Par Value | 0.001 |
About Lifeline Biotechnologies:
Lifeline Biotechnologies, Inc. (OTC Market: LLBO) founded in 1994 is based in Reno, NV. LLBO has invested over $10M in a device and process for early detection of breast tissue abnormalities some of which are cancerous or pre-cancer. Three “Proof of Concept” clinical trials of over 500 women have been completed and three patents (one hardware, two software) have been awarded. http://www.lbti.com
Cyrcadia Health founded in 2008, is based in Reno, Nev. The Cyrcadia Health product line is a device and software service that detects breast tissue abnormalities leading to health risk assessment and management including early breast cancer identification. Three clinical trials with over 650 participants have achieved proof of concept and superior outcomes when compared to other diagnostic protocols. Cyrcadia Health technology is exclusively licensed for development, manufacturing and marketing worldwide from Lifeline Biotechnologies, Inc (OTC Market: LLBO). Cyrcadia Health is planning a final, limited clinical trial and a 510k device classification to validate the fourth generation of the FWS product. Cyrcadia Health is preparing to apply for a Euro CE Mark to market in the European Union and Asia Pacific markets. See Cyrcadia Health video, “Breast Cancer Tumor Progression” at http://www.cyrcadiahealth.com/
iTBra in the News
ABC 7 News - February 5, 2015
They also interviewed Rob Royea (Cyrcadia's President) for a feature story on Good Morning America expected to air in the next coming months.
https://mobile.twitter.com/RobRoyea/status/564872820635627520
Could a Bra Actually Detect Breast Cancer?
By Smithsonian Magzine
http://www.smithsonianmag.com/innovation/could-a-bra-actually-detect-breast-cancer-180954612/?utm_source=twitter.com&no-ist
...Cyrcadia prepares to enter the final clinical trials that will be conducted at El Camino Hospital (ECH) in Mountain View, CA and the Ohio State University (OSU) Oncology Hospital in Columbus, OH. The trials have been approved through Investigational Review Boards (IRB's) of ECH and are currently undergoing the review process at OSU. The ECH trial is slated for start before the end of April 2015. The trials are expected to be completed in four to 6 months. On completion Cyrcadia will obtain CE Marking allowing for sales and marketing outside of the USA. On completion of the trials Cyrcadia will be submitting a 510(k) to the FDA. Post clearance, marketing will begin in the USA. International sales are expected in Q4 of 2015 and US sales in Q1 or Q2 of 2016.
It is interesting to note that Dr. Farrar at OSU will be the primary investigator for the trials conducted at OSU. Dr. Farrar headed the original "proof of concept" study that was conducted at OSU.
Stanford University Canary Center for Early Cancer Detection has pledged $187,000 to help fund the equipment for the trials at El Camino Hospital.
They also interviewed Rob Royea (Cyrcadia's President) for a feature story on Good Morning America expected to air in the next coming months.
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