MineralRite Corp (RITE)

[thereis]

james baughauer or watver his stupid name is what a real pos total disgrace low trips he aint nothin but a swindler punk

[HJ72]

My bad still there :(

[HJ72]

No more unsolicited quote. :)

[thereis]

james b and his # updates. haha. what a scam

[Ribo]

🚨 $RITE

💰0.0004
Pink Limited, AS: 5.0B, OS: 4.4B, US: 4.3B

Update Delay: 72 hours

Business Description Updated:
🔴 A development stage company in the process of completing several mineral acquisitions.
🟢 MineralRite Corporatio
https://t.co/2HbA2UJOOr

— OTC Updates (@OtcUpdates) April 10, 2024

[Cheetah SPEED]

Nobody cares sadly

[Ragnar]

Back to Pink Current again. Only thing left on otcmarkets now is to get rid of the unsolicited quotes only. I imagine that will happen very soon.

$RITE

[MegaMagician86]

RITE must have gotten access to their OTC Markets account again.
On Friday, a Change of Control document was posted on OTC markets.
Also on Friday, the Year ending December 31, 2023 Annuals was posted on OTC markets.
Then, on Saturday, the 8 prior quarters were posted on OTC markets.
I am guessing here, but I suspect that the Yield sign will likely come down soon since their financials are now current.
Seems that what we were told this was gonna happen and it actually happened.
New post on the Shareholder Q & A side of their investor relations page, too. It talks about the convertibles.

[BasedOnFeels]

RITE cleaning up its SS with transparency. Still lots of outstanding convertibles to evaluate. Hopefully they all consolidate/restructure/failure to appear. Alot depends on noteholders here. Things shaping up nicely from the inside.

[Ribo]

Annual Report
https://www.otcmarkets.com/stock/RITE/disclosure

Change of Control

$RITE
New Filing:https://t.co/oxBfhWvm3y

— Stock Scan (@stockscan01) April 5, 2024

[HJ72]

Thanks for the update!

[Ragnar]

They stated in their most recent shareholder update that they can not post updated financials until OTCMarkets restores their password. The password was automatically suspended at the time they began their Change in Control review.

They already have the past 3 years in auditable financials ready to post once they regain access.

Shouldn't be too much longer is what investor relations told me on Wednesday.

[James56]

Yield sign. I'm sure the weather is going to get worse. They have tried to do so much just to do nothing..

[Cheetah SPEED]

Scam confirmed

[Risk vs Reward]

Drop it like it’s hot…..

[InDa0828]

No trades today?!

[MegaMagician86]

Minor technical corrections to some recent comments.

AS are 20 billion. Outstanding stated as 4,357,321,532. Convertible notes not likely to eat up 15.6 billion in shares, but I certainly have not tried to do the math . Shares that have not been issued and treasury shares are not technically the same thing.

Burgauer does seem to have been acquiring. No recent conversions seemed to have occurred.

Everything else said seems pretty accurate. Burgauer's credentials and actions seem to correlate.

[BasedOnFeels]

I missed that. So The AS is unknown atm after debt consolidation and RITE has 15.6 billion shares in notes dating back to 2013 to clean up.
A positive judgement for cancellation/allocation of shares would be amazing.
Cant acquire without knowing the correct amount of shares in the treasure.
Once court is over, and no more conversions are on horizon or issued..this will be a nice one.
Company hinting at deals are ready once internal cleanup is handled
Positive steps, cant complain.

[MegaMagician86]

They actually did not RAISE the Authorized Shares to 20 billion --- it has been at that level since Peckham did the merger into the Texas company --- look at the Q & A dated 3/28/2024.

Seems that they are trying to minimize the dilution that has been in the way of the stock because of all of the outstanding convertible bonds that were issued before new management took over. Seems that will be beneficial in the long run. Accretive acquisitions should be good too.

[BasedOnFeels]

While it seems they raised the AS to 20b, Burgauer is buying up the convertible notes from the past couple years and no common shares converted in the past year to the OS. Whatever acquisition they are working on will be restricted for a year or 2 while simultaneously producing mineral off-take contracts as well. Trying to get solicited quotes and audited books is huge too. This could get interesting this year.

[Ribo]

🚨 $RITE

💰0.0004
Pink Current, AS: 5.0B, OS: 4.4B, US: 4.3B

Update Delay: 72 hours

Email Updated:
🔴 [e-mail]
🟢 [e-mail]

Officer(s) Updated:
🔴 James O Burgauer, President
🟢 James O
https://t.co/aUNeviTpRO

— OTC Updates (@OtcUpdates) March 24, 2024

[rs99]

Buying or converting?

[InDa0828]

Friday trade show ZERO; $RITE management needs to show something the bring new investors!

[rs99]

lol come on man, been nice and quite!

[Cheetah SPEED]

Scam crumbling fast. Gonna get stuck @.0001

[thereis]

should be very clear new leadership has dropped the ball big time. argue in favor of them all you want but the lousy result is clear.

[HJ72]

Finra is very slow there’s no way around it.

[thereis]

another day another failure to deliver anything of substance man this new so called ceo is so super lame

[thereis]

oh yeah will definitely stop complaining once this snail pace management pulls their heads out their butts and makes something happen IF they do. Of course. Got any more captain obvious statements to point out genius

so far these morons would rather invest time in some stuuupid 54 page fake policy nonsense than put actual time in something that matters. such losers F them. LET'S GET THIS SHOW ON THE ROAD BOZOS

[thereis]

james booger's expertise is awe inspiring. 2m volume in low trips. he wrote books and went to fancy schools just to be a failure at running an otc stock.

[YFin42]

He’ll be gone like they always are when it shoot’s up from news. They chirp chirp until it goes, seen this scene 100’s of times.

[thereis]

loser ceo james bagholder 0003-0004 on horizon the pos does nothing because sheepish rite holders (biggest losers on earth) could careless theyre all beta wimps who love to lose

[thereis]

going to be another lame week at rite. where its shareholders are the dumbest, lamest, biggest bootlicker losers in all otc. no wonder rite is one of the worst stocks in otc, as its dumb shareholders are perfectly fine with getting shafted. they have no complaints at all they just take it up the rear end without any resistance. bunch of fuddy duddy keyboard warrior dopes

[rs99]

You know what? That ignore feature works pretty good. Use it and he will get tired of talking to himself!

[thereis]

hey look just another loser with no life that has nothing better to do than mull over my posts. your life revolves around my writings as well ey. Absolutely pathetic.

[BasedOnFeels]

"ceo did all the work and time to bring this retail share selling scam current just so he could fund his Shanghai brothel adventures. Truly pathetic . he has no intention of delivering anything that will benefit shareholders" ----April 16th,2023. Your second post ever here. 0 shares.

[thereis]

dont care if me make a dollar from this stock. plenty of material just gonna stifle runs by throwing up huge walls. screw yall feel my wrath

[BasedOnFeels]

You need material for walls. More than likely, the framing probably hasnt even started.

[thereis]

bet. cant wait to throw up huge walls just to
mess up runs. will throw my weight around just to screw with everyone. youll see muahahaha . gonna regret talking crap to me son. Gonna put huge walls, huge.

[Cheetah SPEED]

Nobody more poor than this poster

[BasedOnFeels]

"I invested into the same team/company when the share price was higher, now its lower.. the management team/company is shit" is what youre saying. Rivers need tears, go tell it to the fishes. 9/10 OTC stocks get to the trips at some point in their tenure, no matter who is on their team. HMBL(TSNP) the greatest OTC run ever, had/has a phenomenal team .0001-$7.72 and in 3 short years is now at .0009.

Rule 1. Before you buy an OTC stock, ask yourself... Will I be ok if I lose all of the investment? If your answer is no, you dont trade OTC. That way, aint gotta yap about being a bag holder.

[thereis]

the chumps running this disaster are doing a wonderful job. 0004 . wow, hats off to james and team as all their experience and knowledge adds up to low trips. what a squad. bunch of phonies

[thereis]

news!?! hahhaha lmao "news" he said. How gullible. does that super lame "update" help anyone feel "informed". thanks "ceo" james boogerface for the "update": yet another stunningly incompetent inept meaningless article added to their stupid website. everyone here can waste some brain cells mulling over more of "president" james mindless fluff. The new guy has proven nothing more than to be an absolute disaster so far . rather have silence than another worthless so called update

[MegaMagician86]

Peckham filed financials on 11-08-2023. Assuming new president took over right after filing, tomorrow makes 12 weeks -- and we have seen 6 written shareholder memos (1 every 2 weeks) and investor resources has posted 15 Q & A's (1.25 per week). Stock was .0003 on 11/8/23; now its at .0005. New address, new phone, new emails, new logo, new website, new experts, AML-CFT documents, precious metals dealer registration, precious metals refinery account, attorneys working on auditable books and records, comments on eligible for unsolicited quotes only, comments on reverse splits, now talking about ringing the cash register....

Am I reading these signals correctly...or should I say RITE?

[YFin42]

Why’s people so salty in here, don’t like the stock. Move on.

[MegaMagician86]

Whatever the news may turn out to be, RITE is, at the very least, trying to keep us informed.

[Patrick Bateman]

Definitely a good sign.

[BasedOnFeels]

Communication has been ramping up... +1

[Patrick Bateman]

I’m guessing it won’t be anything big or volume would be higher.

[Patrick Bateman]

Curious what news they have today