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10K OUT - WHOOOOOOOOPPPPPPPPPPPIIIIIIIIIEEEEEEEEEE
101,567 shares outstanding.......
Are you referring to LVPA?
like always already took profits on free shares but now only 17 bought in at .0083 sold between .024 and .05
$LVPA: Oohhhhh no......... 1 shares takedown to $13
makinezmoney - look what you did.
You scared it and now it's $15/sh........
$LVPA: Now $17/sh..... whats the OS & FLOAT again ??????
Damnnnnnnnnnnnnnnnnnnnnnnnnnn
GO $LVPA
39 now.
WHAT'S going on????????????????????????????????
Monster volume today!!!!!!!!!!!!!!!!!
17 shares on the tape.....................
THANK YOU but Whoopee.
Don't take my comment the wrong way - we need something to get this trading again..................
Effective April 5,2021 FTGID will change to LVPA:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Spread is too wide, the losers who bought this had no idea what the hell they were doing. Maybe when current filings come out there will be some movement.....
Is this ever gonna trade?
It used to trade a couple of shares a day.
Now nothing!!!!!
They ruined this stock, they call themselves business people? I call them losers!
Never any volume.
It's a no deal until then.
Hardly any bids or offers either.
Like everybody sold and moved on............
I have already sold mine.........
it can take a couple days to get all shares converted from different brokerages and clearing houses
It hardly trades - we need some volume.
what price were you thinking?
It's just about par from before the split.
FTGID- time to buy once this all gets sorted out
Bid higher than the split.
Anybody keep their position?
Got rid of mine too. 3000 to 1 is beyond excessive. The photography business, if that's what it is, is underwhelming. I agree this could have gone to dimes but it got sold to a nobody in a sector that's never going to be hot.
I was able to sell the remaining 200K shares today. Very sad this had potential to go to .20. What a shame for everyone!
Yea especially with such a small share structure. We'll see what happens
1 for 3000 reverse split on Monday. Lets see...peeps thinking about getting in today at 0.0075 will somehow have no problem paying approx 22.50 per share on Monday?!?
ROFLMMFAO!!!!
Oh wait...there will be less shares in the OS on Monday. Yeah..and massive dilution will start up in a couple of months driving the OS right back up again. Rinse and Repeat....
GET OUT while you have the chance!!
I might as well, I bought all my shares at less then .008 so I might be able to get out.. What kind of an idiot does a split before the company runs up with the news of a completed merger?? The guy is obviously a light weight....
I might be in after the RS
Thank GOD I sold enough of a position to cover my initial investment. What a shitbag!
FTGI: effective March 8,2021 Finotec Group Inc. will change to Lvpai Group Ltd., and a one for 3,000 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Yes I got that out of it as well, it looks like he did but at 200/1 - $FTGI
I’m not expert on filings myself.
Failed to get above resistance so goes back to support. The current trend up is still holding for the time being. IMO
Does this mean anything or is simply an accounting issue.
Stock gets hammered yesterday and today we get this filing.
EXPLANATORY NOTE
On April 28, 2020 the Company’s Board of Director’s awarded 10,000,000 shares of the Company’s Series A Preferred Stock to Custodian Ventures LLC, managed by David Lazar. Based upon the original Certificate of Designation these shares were convertible to common stock at a ratio of 20 to 1. The Company’s Form 10-Q’s for the periods ended April 30, 2020, July 31, 2020 and October 31, 2020 each contained financial statements that included stock-based compensation based upon a 20 to 1 conversion rate. Each of these 10-Q’s was filed on November 18, 2020. On November 19, 2020 it was discovered that due to a scrivener’s error, the conversion rate was intended to be 200 to 1 instead of 20 to 1. The impact of the increase in the conversion rate from 20 to 1 to 200 to 1, was an additional $5,400,000 in stock-based compensation expense included in “general and administrative expense -related party”, on the Company’s Restated Statement of Operations. This Amendment No. 1 on Form 10-Q/A (this Amendment) amends the financial statements and the related footnotes on the Company’s Report on Form 10-Q for the quarter ended October 31, 2020, as amended. Also see Note 6. “Restatement”. Except for the foregoing, no other information in the Original Filing is revised by this Amendment.
What I get out of the filing is that they restated the financials to allow for the conversion rate for the preferred stock.
NOTE 6 – RESTATEMENT
Our interim financial statements for the three and nine months ended October 31, 2020 as previously filed with the SEC on November 18, 2020, have been restated. The previously filed financial statements did not reflect the proper conversion rate from Series A Preferred Stock to common stock during the appropriate quarterly interim period.
Did he convert preferred stock to common?
Strange that the stock gets hammered yesterday and there is a filing today.
Wish I knew how to read these things!!!!!!!!!!!
From what i can see its basically catching the company up to the present time. I dont see any info for the new company in these - $FTGI
Any idea what it says?
FTGI trades over a Million shares yesterday and today 20K - don't get it?
Maybe I read your post incorrectly.
You just posted you were selling...
If you are referring to my post # 363 - Sold and still selling, that was in response to the prior post which said nervous hands selling.
What I meant was that the nervous hands sold and were still selling.
I sold 100K shares still holding 250K - $FTGI
Are you saying I posted "I sold 100K shares still holding 250K" or is that what you did?
I added today.
You might have the wrong person - what post number is that?
It wasn't me.
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