ORIONS Money Stocks

[lakoob2]

Thanks. You know what they say about the blind hog and the acorn.

[CrazyC]

MARK - Regarding the withdrawal of their shelf registration statement... I wanted to respond to this post, but simply didn't have the time until now. I understand the majority of people on this iHUB board won't give a shit, but maybe some will...

Following is the link to the SEC filing history of this offering. You will notice a 6-month gap between February and August of this year. Keep that in mind while reading through this...

https://www.sec.gov/cgi-bin/browse-edgar?filenum=333-259612&action=getcompany

The following statements are just my humble opinion as I am not a licensed SEC attorney and am only making these statements for educational and entertainment purposes...

My thoughts...

After MARK's SEC attorney recognized they no longer met the eligibility requirements, the registration statement was promptly withdrawn.

This was done so they would not lose and therefore be credited, their SEC filing fees, which can now be used against future SEC filings. These filing costs can be quite substantial to a small company like MARK.

The SEC does not "force" a primary eligible or well-known seasoned issuer (WKSI), to withdraw a secondary offering on a S-1 (long form) or S-3 (short form) shelf registration statement. They will simply reject and/or eventually revoke it due to lack of responses to their questions/inquiries or because the registration statement no longer meets eligibility requirements for a secondary offering. In order to be "credited" your filing fees, the issuer must file a SEC Form RW...

All fees paid to the Commission in connection with the filing of the Registration Statement be credited for future use to the Company’s account

For a non-accelerated filer like MARK, SEC rule 415 of Regulation C under the Securities Exchange Act of 1933, permits companies to register a designated amount of securities for continuous or delayed offerings by filing one "shelf " registration statement with the SEC. Under this rule, there is a definition for what is known as "Staleness of Financial Statements" or simply, the 135-day rule...

https://www.sec.gov/corpfin/cf-manual/topic-1

1200 AGE OF FINANCIAL STATEMENTS IN REGISTRATION OR PROXY STATEMENTS [S-X 8-08 FOR SMALLER REPORTING COMPANIES; S-X 3-12 FOR OTHER REPORTING COMPANIES]
(Last updated: 9/30/2008)

1210 Staff Review
(Last updated: 10/30/2020)

The staff may not make a review decision or commence a review of a filing unless the registrant’s financial statements comply with the rules for age of financial statements and audit at the date of filing or submission. However, Section 71003 of the FAST Act (see FAQ 1 of FAST Act) and Voluntary Submission of Draft Registration Statements (see FAQ 7) provide limited exceptions for certain filed registration statements and draft submissions, respectively.

1220 Age Requirements

1220.1 General Rule
(Last updated: 9/30/2011)

Latest balance sheet must be as of a date no more than 134 days for non-accelerated filers (or 129 days for accelerated and large accelerated filers) before the effective date of the registration statement (or date the proxy statement is mailed). See Section 1340 for summary of accelerated filer rule.

But... Could they have just filed another amendment to the converted S-3 to S-1 filing that included their 10-Q for June 30, 2022? Of course, but at a significant additional expense...

The moral of this story is...

August 12 is the birthday of the scientist who gave us the most famous cat in quantum mechanics: Erwin Schrödinger. And every five years or so, August 12 is also when Q1 financials go stale for calendar-year US companies...

[mid-day-marky]

I broken even on EAR would like to enter lower

[mid-day-marky]

Haven’t sold one share

[JonesBur]

Your chart is wrong, under 300m is on the lighter side for volume

[AugustaFriends]

$INDU Dow Jones huge huge VOLUME -- What is up with that ???

https://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=0&mn=3&dy=0&id=p44516906568

[AugustaFriends]

$REBN $STIX $GCT $TGL $DNAA $PET $GRFX $BRSH $APGN $WEBR

[mid-day-marky]

HSDT fellas

[mid-day-marky]

$HSDT AUGUSTA

[Mark]

Nice, I will accumulate some

[Mark]

$MRAI .94 surprised this is not going more, 3 insiders have bought 460K+ shares the last 2 days, float under 10m

[Mark]

$FNHC .60 nice pop in A/Hs

[TeamTOC]

Great call on the 530 AH's move. It's really picked up in the last 20-30 minutes. Currently not in, but may look at another swing. We'll see. If I get in, it won't be much, and I'll be out by 8 ET.

[Mark]

$MRAI .96 another insider buying 250K

[CrazyC]

AIKI - $6.39 - Recent R/S - (June 7th, 2022)... They have decided to reject the $8.00 per share offer...

https://www.sec.gov/ix?doc=/Archives/edgar/data/12239/000121390022049761/ea164743-8k_aikido.htm

[vlispxpert]

WOW, DNAA, nice one

[LexTrader]

Sweet!

[vlispxpert]

$TYDE 10Q out just now $7.345m in revenues vs $2m a year ago. 266% growth

[LexTrader]

TYDE moving AH $1.16

[Mark]

$GRFX 3.55 in A/Hs, soon they will find the others such as $NCPL, $MCVT and $AIMD with much smaller floats, until then just keep accumulating.

[AugustaFriends]

I'm going to hold and trust my odd even rule

[Monksdream]

I sleep through most of them and don't much care what I miss out on. You're playing a game Eric Berne called, "mine is better than yours."

[CrazyC]

GRFX - $3.20 - Did you sleep right through this one?

[Monksdream]

It works like this: a mania run up produces profits for those who entered early enough to take advantage of the run up. Some can sell some and ride the rest since those shares others have bought and paid for. A mania eventually produces bag holders. When the Greater Fool doesn't appear to the pay the next highest price then the market for those shares collapses like a house of cards collapses.

Manias are short lived. Keep that in mind. Monday will be a test to see if the crowd wants to continue to participate or if it will simply move on to the next New New Thing.

[TeamTOC]

Yeah, looks like it never traded 8/17. No idea on opening price Monday. No doubt that it could go gangbusters tonight...but maybe it falls flat too. I tried a lotto play for AH's. Wasn't in before. The buy would've been yesterday, like you...or when I saw it pull back to $20's earlier this morning...but I stayed away. I should've grabbed at least 100-200 shares on this mornings $20's pullback, but hadn't banked any profits for the day. My day trades, I'm in and out in this market. All my profits are getting set aside. Unfortunately, I'm missing out on some huge runs, but everyone trades by their own rules.

[AugustaFriends]

$GCT your opinion for Monday??

[AugustaFriends]

$GCT is this only day 2 of trading?

[AugustaFriends]

$GCT open price on Monday?

[saj]

Nice payday for family and friends!

[Monksdream]

It is not so much a matter of what I think as it pertains to short term price movements as it is more a matter of what I think the crowd thinks
The crowd doesn’t change. Always the same participants every day when the bell rings and the curtain goes up and another performance commences.
That simple

[TeamTOC]

$GCT - Good thing I only bought a lottery tickets worth. LOL. I was actually up a couple bucks per share shortly after I bought, but held. Now just on the sidelines. It was worth a chance. Hope it blows $60 for you and everyone else. If I was in with a teens average, I'd stay to play.

[Monksdream]

Always another one up ahead somewhere, some day
The Gaucho Market is only 35 minutes old
Then there is Monday

[Mark]

I've been accumulating if that matters

[Mark]

$ENDP delist coming

[AugustaFriends]

I have seen a 5:30 AH move on many; they start around that time -- It's Friday so let's see what happens.

[lukin4winners]

VTGN better than pop corn.

[TeamTOC]

$GCT - I grabbed a lottery tickets worth for AH's. Let's see that $60 break.

[AugustaFriends]

many stocks return to the day's HOD. So, a break of $60 After hours could be huge, NO HALTS AH !!!

[crudeoil24]

Good session! 51.00 now in AH > I am holding; enjoy wknd.

[AugustaFriends]

Just my opinion based on 25 years of trading - when I see stocks have that much volume and no movement on NO NEWS. All I can think is the company is issuing all of their AS and possible Warrants. Just be careful. IMO

We have seen stocks go from .20 cents to $2.00 in a week. So, anything can happen. I am avoiding under $1 stocks right now.

[mistercellphoneman]

whole float got rolled on PALI today. should I keep it?

[AugustaFriends]

$GCT After Hours break $60 it will be WILD WILD WEST

[mistercellphoneman]

PALI .18s on deck. Deja vu!

[Mark]

$BRSH 2.35 hits into the close

[Mark]

$VTGN popping into the close

[AugustaFriends]

I am IN 100% on all 8 accounts

[Pb311]

$VTGN another EOD spike today!

[crudeoil24]

I have held my 23's and 24.17 shares all day. > GCT strong!

[saj]

Still have a few left

[tw0122]

$STBX starbox the next hot preorder ipo to follow GTX.. )$4-$5 offering 8/28