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Big earnings, $2 million, $.32/share
https://qz.com/mitesco-inc-miti-reports-earnings-1851707981
I got to give them credit on the turnaround. More work to do, but I’m impressed so far.
Oh yeah, and an obligatory F U to Larry on this post
A $2 million profit for the quarter vs a $2.5 million loss in year prior, now that's a turnaround!!
Back in for a few bushels
Following the exchange transactions noted above, as of the date of this filing, there currently remain outstanding only seven (7) historical senior securities and notes that remain un-exchanged for common stock. Five (5) of those are held by former officers, directors and related parties of the Company. These former insider holdings include: https://www.sec.gov/ix?doc=/Archives/edgar/data/0000802257/000118518524001167/mitesco20241122_8k.htm
Impressive clean up
Can this be resurrected? Any real shot at making significant revenue from the CENTCORE business ?
$MITI more good news! Over $3 million in debt conversion to common at $4/share, this could yield $3 million in gains from conversion of debt, big move to improve both the balance sheet and shareholders equity!!! Smart for ALL shareholders!
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000802257/000118518524000978/mitesco20241009_8ka.htm
New 10q, looks like data center biz is making progress!
https://www.sec.gov/ix?doc=/Archives/edgar/data/802257/000118518524000820/mitesco20240630_10q.htm
Wow. .03 now. Getting closer to $3….
And I believe $3 is equal to .06 pre-split. That wouldn’t even begin to get people even that held this before the split.
Need to get past .30
Can you imagine it if hits $3.00?
Can you imagine if this hits .03.
Let’s hope that changes soon
Let’s see. Because I can’t name one person out of many that are actually green in Miti….
Getting cleanup quickly
lol ok….. wow this is really turned into a shit show
The dividends accrued, are/were to be paid thru the issuance of additional shares, now no dividends going forward
They have been paying dividends when they have no money??
New biz opptys: https://www.linkedin.com/jobs/view/3906790095/
10k should be out by Tuesday ahead of the extension says CEO
No luck. That being said, I think I can add cash to my Schwab account to sell an equivalent number of shares of MITI short. Then, I can look to transfer the shares into the account to settle the short sale. This could be a way around the direct transfer restriction. As this scenario would be settling an open allowable trade vs. a direct transfer of the stock. If I can get the short sale and transfer done in a quick manner, the risk would be small, and once moved could then move to liquidate the shares.
I’m at Goldman Sachs, no issues there
My position is currently stuck in Transhare until I find a broker that can accept the transfer
Is anyone aware of a broker that would accept a transfer of these shares? I've already checked Schwab, Webull, E-Trade and no luck
Guess Larry was a one hit wonder lol
Didn’t we have a team of pros before?
Building a team of pros! https://www.sec.gov/ix?doc=/Archives/edgar/data/0000802257/000118518524000290/mitesco20240320_8k.htm
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