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GOOD MORNING EVERYONE
GO $MCIC
GOOD MORNING EVERYONE
GO $MCIC
Welcome Back
So your Crystal Ball says $2.00 ...................Ok I see where you are coming from.......I did read your other posts.......
Thanks for your reply..................
It's more likely .8467%. Although, that might to be a bit high. More importantly, the pushers believe in a "management team" that hasn't had the intelligence to accomplish anything substantive for investors in 5+ years (or ever). That's why we laugh at the pushers.
MCIC - To Uranus
84.67% I like it. But I believe in Ben and $MCIC. JMHO
$MCIC TO PLUTO AND BEYOND
Good morning. Back in the USA rats was having a blast
Good morning. Back in the USA rats was having a blast
Used my #2 pencil - It is very clear that they will have to show substantial revenue, merger, or something of value to remove the shell risk flag. The material change would also be needed for an attorney to write and opinion letter that is not a shell. They are still spending money filing, subscription and legal fees for "something". Odds = 84.67% that they get the MCIC train back on the track to the moon!!!!!!!!!!!!!!!
GOOD MORNING EVERYONE
GO $MCIC
So with all the talk about the OTC .....what odds to you give that the OTC will remove the Shell Risk from MCIC........????....or will it not happen unless MCIC shows real revenue first.............
More worthless information from the number 2 pencil pusher. That pusher, the godzilla pusher, and the "this company is selling millions of gloves" pusher continue to be lapdogs for this triple zero shell risk. These 3 moro - I mean clueless people - continue to praise a "management team" that hasn't shown the business intelligence necessary to accomplish anything substantive for investors in 5+ years (or ever).
MCIC - To Uranus
Great post!!!!
I believe Ben has a plan. JMHO
GO $MCIC
OTC MARKETS COMPLIANCE ANALYTICS – RISK SCORING ALGORITHM
The OTC Compliance Analytics product provides broker-dealers and investment managers with a comprehensive, quantitative tool for evaluating and automating risk processes for OTCQX, OTCQB and Pink securities. Each security is given a numerical risk score on a 0-55 point scale. This document outlines how point values are assigned.
Risk Factors
Points Assigned
• IF Current Caveat Emptor = Y then +5
• IF Former Caveat Emptor = Y then +3
Caveat Emptor
Marketplace
• IF Market = Pink No Information or Expert Market then +2
• IF Market = Grey Market AND Security Type = Common Stock then +2
• IF Security Status <> Active then +2
• IF Former Suspended/Revoked Status Flag = Y then + 2
Security Status
• IF Shell status = Y then +3
• IF Former Shell status = Y then +2
Shell
• IF Penny Stock Exempt = N then +3
Penny Stock
• IF Bankrupt = Y then +2
Bankruptcy
• IF Delinquent in reporting obligations = Y then +2
Delinquency
• IF Reverse Split in past year then +1
• IF Most Recent Split factor is <.1 then +2
• IF Multiple Reverse Split value = Y then +1
Reverse Splits
• IF Name Change within past year then +1
• IF More than 1 name change in past 2 years = Y then +1
• IF More than 2 name changes in past 5 years = Y then +1
Name Changes
Market Cap
• IF Market Cap value < 300 MM then +3
• IF Market Cap value > 300 MM and < 400 MM then +2
• IF Market Cap value > 400 MM and < 500 MM then +1
• IF value cannot be calculated then +1
• IF Last Sale < .01 then +3
• IF Last Sale > .01 and < 1.00 then +2
• IF Last Sale > 1.00 and < 5.00 then +1
• IF Last Sale is null then +1
Price
7/2020 1 Version 4.0
OTC MARKETS COMPLIANCE ANALYTICS – RISK SCORING ALGORITHM
• IF Price Change Value > |10%| then +1
• IF Price Change Value > |20%| then +1
• IF Price Change Value > |30%| then +1
• IF Price Change Value = Null then +.5
Price Change
Volume Change
• IF Volume Change Value > 10% then +1
• IF Volume Change Value > 20% then +1
• IF Volume Change Value > 30% then +1
• IF Volume Change Value = Null then +.5
Trade Count Change
• IF Trade Count Change Value > 10% then +1
• IF Trade Count Change Value > 20% then +1
• IF Trade Count Change Value > 30% then +1
• IF Trade Count Change Value = Null then +.5
Shares Out Change
• IF Shares Out Change Value > |5%| then +1
• IF Shares Out Change Value > |10%| then +1
• IF Shares Out Change Value > |20%| then +1
• IF Shares Out Change Value = Null then +.5
Authorized Shares Change
• IF Authorized Shares Change Value > |15%| then +1
• IF Authorized Shares Change Value > |25%| then +1
• IF Authorized Shares Change Value > |50%| then +1
• IF Authorized Shares Change Value = Null then +.5
Promotion
• IF Active Promotion Value = Y then +4
• IF Active Promotion Value = N and Most Recent Promotion Date > Current Date – 6 months then +3
• IF Active Promotion Value = N and (Most Recent Promotion Date > Current Date – 1 Year and < Current Date – 6 Months) then +2
• IF Active Promotion Value = N and Most Recent Promotion Date < Current Date – 1 Year then +1
• IF Shell Risk Flag Value = Y then +2
• IF Shell Risk Flag Value = U and Reporting Standard value <> (International
Reporting or Bank/Thrift Reporting or Insurance Reporting) then +1
• IF Former Shell Risk Flag Value = Y then +1
Shell Risk
• IF Hot Sector Flag value = Y then +2
Hot Sector
• IF Former Hot Sector Flag value = Y then +1
https://www.otcmarkets.com/files/OTC%20Markets%20Compliance%20Analytics%20Algorithm%20-v4.0.pdf
This "company" has not reported any revenue in the past two years of financial reports (or ever). Why? Perhaps, it has to do with the "management team" having a lack of business intelligence or desire or something else. But what we do know is that a "company" not generating revenue in 5+ years (or ever) is pathetic and deserves the shell risk label because real companies generate revenue. Even the 10 year old kid with a lemonade stand generates revenue. Until/unless, this "company" accomplishes something substantive and starts generating revenue, nothing will change. So, instead of worrying about the decisions of the OTC, I would be much more concerned as to why this "company" has not accomplished something substantive nor generated revenue after all these years,
Let's break it down. This is from another legal website. An opportunity to provide evidence to OTC Markets to request shell risk removal? There are no guidelines on how these guys at OTC Markets pick what dudes they want to go out on a date with. It's weird. Company claims not to be a shell but OTC Markets gets to put a risk flag on it. This is different than the ongoing “shell risk” designation that a company may periodically see on its quote page. As part of its ongoing review of companies, OTC Markets may designate a company with a shell risk flag, where it believes, in its sole and absolute discretion that a company displays characteristics common to shell companies. The designation does not indicate that a company has labeled itself as a shell (that would instead be a firm shell flag not a “shell risk”). The shell risk review includes evaluating asset composition, operational expenditures, and income related metrics. When a company receives a shell risk flag, it has the opportunity to provide evidence, including material changes in financial condition in publicly reported financial statements, to OTC Markets to request the removal of the flag.
The legal junk is confusing. Does shell risk lose piggy back exception for quotation? Dropping shell risk is not outlined as well as dropping shell status.
However, the “shell risk” designation that occasionally appears on a company’s quote page is different. As part of its ongoing review, OTC Markets may label a company with a shell risk flag, indicating a potential risk of shell company characteristics. The designation does not necessarily mean that the company has self-identified as a shell (that would result in a firm shell flag, not a “shell risk” one). The shell risk review evaluates factors like asset composition, operational expenditures, and income-related metrics. When a company receives a shell risk flag, in order to successfully regain the piggyback exception, the onus is on the company to prove that they are no longer a shell company and meet the criteria required by OTC Markets or a broker-dealer. Of course, this means the company must take necessary actions to move beyond their shell status, such as merging with a company that's fully operational or initiating their own business operations.
In the event that a shell company loses piggyback eligibility, they would need a new 15c2-11 review to be undertaken by either a broker-dealer or OTC Markets under the initial quotation standards when they cease being a shell company. OTC Markets will only carry out a 211 current information review for a company that applies to the OTCQB or OTCQX tier of trading on OTC Markets.
In today's regulatory environment, with the need to adhere to increasingly stringent disclosure requirements, a target company should really only contemplate going public through a reverse merger with a public shell company if it meets the requirements for trading on the OTCQB or OTCQX tiers of OTC Markets. This includes the obligation to obtain audited financial statements.
In summary, the updated 15c2-11 rules bring significant changes for companies and securities, especially in the case of shell companies on the OTC Markets. Understanding the details of these changes and knowing how to navigate them effectively is crucial for broker-dealers, investors, and companies alike. As always, legal and regulatory advice should be sought when in doubt. The impact of these changes will continue to unfold, and we'll keep you updated with new developments and insights.
https://www.lucbro.com/news/blogs/detail/9794/decoding-the-211-regulations-and-shell-companies-a-legal
I could be wrong but Ben would not have wasted the time or money on this stuff recently if he didn't have a plan. It was one of those moments when Ben could just say screw it and walk away if it's a lost cause. All the year end crap and another new lawyer? It bleeds 60K a year just reporting nothing with all the expenses of being public. And OTC Markets at their sole discretion gets to label it a shell risk until..... There was something in that rule change about they would look at removing it after a year end? I need to pull that up and read back over it.
GOOD MORNING EVERYONE
$MCIC TO PLUTO AND BEYOND
Since you were closely watching this stock today, did you see the big fat zero in the volume column at the end of the trading day? Here's some guidance - I wouldn't overanalyze this stock in regards to bids and asks. Unless the "management team" gains the business intelligence to accomplish something substantive, investors and the "management team" will be looking at a lot more zippo volume days.
MCIC - To Uranus
There has been atrocious volume for years for this triple zero shell risk yet this long-time pusher is telling the Board that he isn't buying because of a recent trip. Actually, this pusher like the other pushers and everyone else haven't been buying this triple zero shell risk for a long time because they think it's garbage. Why do they think it's garbage? Because the "management team" hasn't accomplished anything substantive for investors in over 5 years (or ever).
MCIC - To Uranus
Awesome, have fun!!!!
Unless there are millions of shares bought on a daily basis, the bid jumping around and the $100- $200 of shares bought is meaningless.
MCIC - To Uranus
Yes it was I even commented to someone privately about it
Good morning from Disney Paris
I'm very curious if we start to see volume. Because of yesterday's bid moving around, I will be watching to see if volume starts coming in? JMHO
GO $MCIC
GOOD MORNING EVERYONE
$MCIC TO PLUTO AND BEYOND
Yesterday was different than the norm.The bid was jumping all over the place.
GO $MCIC
GOOD MORNING EVERYONE
$MCIC TO PLUTO AND BEYOND
So far today, according to Ihub, the sell volume is 991,772, and the buy volume is 10,000 for this pathetic, long-time triple zero shell risk.
HA HA .....good response ..........
Yea. I heard the story and I had the same thing happen. Dog ate my homework. :)
GOOD MORNING EVERYONE
GO $MCIC
Based on the post below, the lesson is what it's been for years - When the CEO talks, no one should listen.
___________________________________________________________________________
boobb2
Re: 4u2nv2 post# 211290
Monday, April 01, 2024 6:14:50 PM
Post# 211291 of 211291
According to the CEO Friedman .......he stated last year MCIC had Sales...................
.
The effective date for the change is January 1, 2023
The definition of a shell company by the SEC, is a company
that has no or nominal assets, and or, no or nominal
operations, and assets solely consisting of cash and cash
equivalents. The reason that (MCIC) believes that it is no
longer a shell company is because we have created an
online store and have made numerous purchases and sales
and carry inventory......Those sales did not even show up in its annual filing
According to the CEO Friedman .......he stated last year MCIC had Sales...................
.
The effective date for the change is January 1, 2023
The definition of a shell company by the SEC, is a company
that has no or nominal assets, and or, no or nominal
operations, and assets solely consisting of cash and cash
equivalents. The reason that (MCIC) believes that it is no
longer a shell company is because we have created an
online store and have made numerous purchases and sales
and carry inventory......Those sales did not even show up in its annual filing
I agree. I also think that he will show the revenue 1stQ this year because why else would he have spent the money filing year end stuff last week? He must have some kinda of plan or else he would just say "screw it and not waste anymore time or money on it". We have seen many other pinks face that kinda death in the past few years. They can just stop filing and not renew OTC Markets subscription and stuff. That's the end of them. MCIC is not dead yet!!!! Ben is still in the game.
The glove selling was to have started by late 2022/early 2023 as their website showed gloves for sale at that point. No revenue was shown for glove sales (or anything else) in any quarterly report in 2023 or yesterday's Annual Report. As if they want to keep the glove sale revenue a secret so that the "company" can remain a triple zero shell risk. Uh, no.
I think that is an excellent point. And they could have sold a lot of gloves in Q1, but they don't have to tell until May 15. He is obviously playing his cards very close to his chest.
The "company" disappointed this gullible pusher again (see below) The pusher wanted so badly to hear about the success of the MyAIWatch, but instead found out that it was all nonsense (no mention of the watch in the Annual Report along with the 0 revenue). If the pusher starts listening to much smarter people, the pusher won't look like a fool on a regular basis.
MCIC - To Uranus
_________________________________________________________________________________
sirant
Member Level
Re: gorbec1 post# 211166
Tuesday, February 20, 2024 10:31:55 AM
Post# 211167 of 211283
The company stated that MyAIWatch will be in full production and should be available to the public and healthcare companies by the end of the first quarter of 2024. Further updates will be announced as Beta Testing continues.
http://www.multicorpinternationalinc.com/
GODZILLA IS ALIVE $$$$$
GODZILLA IS ALIVE $$$$$
GODZILLA IS ALIVE $$$$$
GODZILLA IS ALIVE $$$$$
GODZILLA IS ALIVE $$$$$
GOOD MORNING EVERYONE
GO $MCIC
Look at the post below from one of the clueless pushers. Here's what this worthless "company" was about to do. They were about to release a turd Annual Report, just like the previous 11, with zippo revenue, showing they haven't accomplished anything substantive for investors in over 5 years (or ever). Thus, this triple zero shell risk will continue to go nowhere and have atrocious volume on a regular basis.
MCIC - To Uranus
_________________________________________________________________________________
gorbec1
Member Level
Re: boobb2 post# 211232
Saturday, March 16, 2024 1:17:59 PM
Post# 211233 of 211281
$mcic verified profile , listed new lawyer , put new website up on otc , put up new contact email . Right before end of year financials come out . Hmmmm . Looks like they getting ready for something
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