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thank you, its starting to come back to me now.
I think we all are waiting for the financial report coming next week, on Jun 18th, and that is why the PPS is quietly coming back toward the dollar. Do you know this tweet of George Sharp? : “As the corp is in good standing & $MEIL management has assured me that complete financials will be filed by June 18th, & that they will act in the best interests of the shareholders, I have agreed to dismiss my custodianship petition once they have delivered on their commitment”
i agree. i have no clue what is going on right now. i know GS did not even come close to getting this ticker and then it tanked. i forgot if current management wants to do something real or not. i think i bought for share structure?
Exactly, there's basically no float at the moment. I think just getting current in the next 2 weeks could spike the pps toward a buck. However I'm hoping there's much more happening behind the scenes than just getting pink current. Great potential here, if the company makes the right moves.
so little money moves this stock significantly, think i will keep my .23's, never know what is brewing
Not sure why people r sleeping on this giant
60M are restricted. A/S still 75M. RM in the works!
I don´t care about MEIL. I thought he custodianship will fail and the frontloading was a shame. I believe Sharp should not take over active corporations. I posted only my opinion here. MEIL was a lotto ticket for me. There is no reason to be happy. We don´t know what´s planned and who will manage this. In every merger shares are issued. Good luck!
You must be happy regarding the last few days? GL to you.
No idea. Question is why 60m shares were issued and why investors were not informed. I guess MEIL has a new management. I liked it at .005-.02, so it was even with 14m o/s overvalued as long we see no business.
Well that sucks. So we’re looking at a full on tank tomorrow?
Transfer Agent updated share structure. 60m shares were issued.
https://www.otcmarkets.com/stock/MEIL/security
Outstanding Shares
74,294,648
05/27/2021
Restricted
60,000,000
05/27/2021
Unrestricted
14,294,648
05/27/2021
Interesting stuff here. I'll check on things. Thanks, doesnt hurt to ask ?!?
Re:hb
Hi Eliot, I'm down a big chunk as well (for now). But optimistic that once the company is current (no matter who is running the show) as long as there's a decent business model, with this float, the value far exceeds a buck a share. I will hold as long as needed.
Aladdin: just gotta wait to see wtf occurs. George intimated he backed off, to let current owner get it up to date. if'n they dont, then he intimated he will, but for now, its back to the good old hurry up and wait as fast as we can.
right now, i'm $40 g in the hole here, nothing to do but wait. its NOT always fun to learn, but going forward will be less painful
btw
the difference between pain and suffering, is a perception
OK, so let's say MEIL will be current in a month or so. Then what? Anyone know what business they will be in? I assume a completely new direction? In any case should be a nice pop from this level when they get current. Thoughts?
i agree with you but if meil gave in then maybe we get another HMBL
i agree with you
Dang it!!
Nice call Dina, but now investments are back towards the hole the company had buried for its shareholders.
Maybe MEIL has something worth investing in. Guess we’ll see.
Or they could have done the same thing themselves knowing a deadline was lurking. George isn’t the only one that was privy to the deadline - all companies paying attention would know it.
Agreed NOBO always fair and balanced The truth always goes a long way.
GS is cleaning the OTC up one company at a time.
The goal was to get the company current. They could have hired him or someone else, fact is now they are getting current thanks to GS.
Did you listen to the testimony on RETECH when George read out loud his emails he sent to the company?
I’d say it is pretty damn true.
That is not true
Bullshit. The goal was to get George a consulting fee and if they didn’t accept his “help” he threatened to file the custodianship.
Just like the emails he sent RETC that were read out loud in court.
The goal is to get these companies current — period — how Thats done doesn’t matter
Lol he agreed because it would be tough to win in court. Struggling with RETC right now in zoom hearing to be continued today.
Maybe his lawyer doesn’t want a repeat of what’s going on and advised against it.
I think judge will only look at the current situation and not when RETC reinstated. It doesn´t matter why company reinstated the business license or when, what matters is now the business license is active. And the company paid the auditor or works on filings. We will see. There needs to be more than a wrong timing to take a corporation away from the management.
I hope i´m wrong, but another point is the number of holders of RETC were over 1200 2019 and George doesn´t plan to file with the SEC and cannot deregister based on 2019 info that RETC has too many holders of record and the company confirmed it in April that they cannot file form 15 because of too many holders.
If he would win, it would result probably in no filings because he cannot file form 15 which was his plan. George never files with the SEC. But i don´t believe it will come to this point. I wish you luck, but i believe he won´t win RETC!
RETC is next and EVLI also zero chance, judge focus is always the business license, this is my impression. Of course a company has to react. It wasn´t difficult being right but somehow many people had another opinion and believed focus is how long a company did not file but if there is no wrongdoing by law all what matters is Reinstatement+plan to file. It´s not easy taking a corporation away from current management. I believe George realized it. Thank you.
George Sharp : “As the corp is in good standing & $MEIL management has assured me that complete financials will be filed by June 18th, & that they will act in the best interests of the shareholders, I have agreed to dismiss my custodianship petition once they have delivered on their commitment”
As the corp is in good standing & $MEIL management has assured me that complete financials will be filed by June 18th, & that they will act in the best interests of the shareholders, I have agreed to dismiss my custodianship petition once they have delivered on their commitment
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) May 24, 2021
Dina, it looks like you were generally right about how this one played out. Credit where credit is due.
H
No surprise, he never had a case here, never would win. Because he knew he will lose, he has withdrawn it. Stupid to try it with companies with active business license. But the frontloading was probably worth it! "George is a person of the people...." We have seen it! His followers lost a lot money because of his stupid action, but sure he is a person of the people!
Ok he tweeted he is leading this one go
Hey, what are you using to find it out so quick? Thanks in advance!
George no longer wants this one?
I don't see a date yet. Just to extend the time to respond
https://www.washoecourts.com/Query/CaseInformation/CV21-00826
Docket Description Date Filed Extra Text
1. NEF - Proof of Electronic Service 05/21/2021 Extra Text: Transaction 8457303 - Approved By: NOREVIEW : 05-21-2021:10:30:40
2. 3980 - Stip and Order... 05/21/2021 Extra Text: TO ENLARGE TIME TO RESPOND - Transaction 8457299 - Approved By: NOREVIEW : 05-21-2021:10:29:41
3. 2540 - Notice of Entry of Ord 05/17/2021 Extra Text: NOTICE OF ENTRY OF STIPULATION AND ORDER TO EXTEND RESPONSE DEADLINE TO EMERGENCY MOTION FOR APPOINTMENT OF CUSTODIAN PURSUANT TO NRS 78.347AND FOR TEMPORARY RESTRAINING ORDER AND MANDATORY INJUNCTIVE - Transaction 8448918 - Approved By: NOREVIEW : 05-17-2021:15:56:48
Can you provide the date on next court date?
I don’t think there is one. I think by time he has won this shell
I wonder when the trial will take place
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