OTC IPOs, Mergers & Other Material Events

[Quintessence]

RDAR caught my eye today. Recent RM and share cancellation. Could be crap, but took a little at .0008

[Big Brother]

Over $1 now, I guess .20 was a good price after all, never know with the Chinese ones. Easy 5 bags for someone if you could buy, Schwab of course would not let you, despite being a current SEC filer and PQE.

[Big Brother]

MGSD: Can't buy this with Schwab at all but it looks like there are some shares available @ .20. Even if I could buy, I probably would not pay .20 but I would put a bid in JIC it started off trading with a big whack. There are quite a few shares already held at DTC, so you never know.

https://www.otcmarkets.com/stock/MGSD/security

[adijas]

I sold indeed. Same thing happened with TAPP

[Big Brother]

Hope you sold...lol...that thing got absolutely crushed back down to .20 from $9+, wild p&d. I figured as much, virtually all of these unusual volume spikes on obscure Asian tickers are stock promotions. In fact I'm not sure I've ever seen one where the volume was actually legit, at least not in the past 5 years or more.

[Big Brother]

You never know when one of those unusual volume spikes is going to pan out but this one certainly did.

There have been quite a few good Asian runners over the last several months, LDSN went from .03 to $1.00, BRWC went from .30 to over $20.00, QSJC went from around .50 to over $20.00 and now BIOE, .20 - $6.00, maybe some others I missed. Seems like the OTC is coming back a little bit here as of late, still nothing like it use to be but its always promising to me when mystery stuff runs out of the blue.

[adijas]

Yeah, great run. Still have a few.

[Big Brother]

Holy crap whoever got those .30 cent shares is looking pretty good now...just hit $6.00...was not expecting that....lol.

[Big Brother]

Just watching this one but BIOE has unusual volume today, avg 30 day is 8K shares...today 151K, including a single $42K dollar trade(141,940 shares @ .30).

[Big Brother]

I've noticed BBAR sometimes routes as OTCN or OTCX, they are not on the ASK continually but when they show up, some volume typically follows soon afterwards. I have not been able to figure out anything about the folks that took this one over recently, so I have no clue whatsoever what's merging in.

https://www.otcmarkets.com/filing/html?id=17426581&guid=QxQ-k6AKM5_WJth

[Big Brother]

Over $200K dollars worth of share just traded in a span of about 2 minutes, got to be promo but WAY too expensive for me now. Wish I would have had some of those .20- .30 cents shares, back when it first started trading though...lol.

[adijas]

Wish I had. Sold long time ago.

[Big Brother]

I see this hit $9.00 bucks recently, did you end up holding long enough for the big win...??

[Big Brother]

Anyone ever seen MM BBAR before...?? Can't say I've ever seen them, they just popped up on a new issue, recent Asian change of control, (WLSS) yesterday, not sure if its a good or bad thing though.

[Mr. Zen]

For Sale............ Firstborn, will trade for TKVR shares

Market Cap 14,421,745 03/08/2024
Outstanding Shares 80,209,926 03/04/2024
Restricted 75,940,195 03/04/2024
Unrestricted 4,269,731 03/04/2024
Held at DTC 4,185,194 03/04/2024
Float
3,961,076
03/31/2022

[pennypauly]

LOOKING AMAZING!! We will see gap up in the am

[STOCKPICKER4LIFE]

Website for EVTK;

https://aihire-company.com/

Maybe a Promo coming? Over $400k in buys today.

Domain info:
https://www.whois.com/whois/aihire-company.com

[pennypauly]

EVTK Yes super clean structure! shares getting sponged up high fives all day,
Should touch 6 soon

[STOCKPICKER4LIFE]

EVTK is having some crazy amount of volume. Huge volume for this market right now.

Must be getting buyers from over seas. Maybe Chinese?
Record Volume
https://www.otcmarkets.com/stock/EVTK/overview

[pennypauly]

EVTK 3.38X88.88 v 10,400

[pennypauly]

EVTK 4.00X9.54

[Quintessence]

SAML 8-K change of control

https://www.otcmarkets.com/filing/html?id=17173839&guid=zvJ-kKokSoiqJth

[Quintessence]

SPZI Change of Control in the works. Watching for dips.

https://twitter.com/SpoozInc/status/1737195543288328702

https://www.otcmarkets.com/stock/SPZI/news/Spooz-Inc-SPZI-Provides-Shareholder-Update?id=424166

[creede]

Weird. I don’t see a BID or ASK for YTFD today.

Of course, I don’t have L2 anymore for OTC.

You see anything?

[creede]

Music to my ears!

YTFD

[STOCKPICKER4LIFE]

Two New Filings out on YTFD.

Fat Cat :
Jonathan J. Ledecky bought out one of the insider's shares. Hopefully that is a good sign.

https://www.otcmarkets.com/filing/html?id=17074667&guid=_uJ-kerQaTi8dth

https://www.otcmarkets.com/stock/YTFD/disclosure

I think you can only buy this thru Etrade.

L2 is showing on 600 shares for sale on the ask. M.M. INTL is now on the ask. First time I have ever seen him.

[Quintessence]

TRSI .0002 and RTSL .0054 recent volume increases. Possible loading in progress.

[STOCKPICKER4LIFE]

Nice call. Congrats!

[Quintessence]

Sold half my ABQQ at .0012. Not bad!

[Golden Cross]

KATX .002 Shell sold recently...Get ready!

[Mr. Zen]

CDSG CEO now calling it the largest lithium deposit in the world

Craig Alford, MSc, PGeo, and CEO of the Company, a Qualified Person under NI 43-101, noted “Our infill sampling continues to show extremely strong lithium results. The geochemical analysis not only is helping to define the full size of the lithium anomaly but are helping us to define the source volcanics. Results continue to demonstrate the Titan 1 project to be the single largest and highest grade sedimentary-style project worldwide.”

[Quintessence]

ABQQ .0004 getting a lot of volume recently. They were going to do a reverse split but now say they will not (in recent 8-K). Grabbed a starter.

[Mr. Zen]

Cyber Apps market cap 483,708 09/22/2023
Held at DTC 906,538 09/25/2023

[Mr. Zen]

CYBER APPS WORLD INC. ANNOUNCES CHANGE IN CONTROL
9:00 AM ET, 09/21/2023 - PR Newswire

LUGANO, Switzerland, Sept. 21, 2023 /PRNewswire/ -- Cyber Apps World Inc. (OTC: CYAP) ("CYAP" or the "Company") ( website: https://www.cyap.info) is pleased to announce that the majority equity stake in the Company has recently been sold by Janbella Group to Zenith Energy Ltd. ("Zenith Energy"). Zenith Energy is a British Columbia corporation based in Vancouver, B.C., engaged in energy production projects on three continents, whose shares are traded on the London Stock Exchange and Euronext Oslo.

In the change in control transaction, Zenith Energy acquired 100,000 shares of Series A Preferred Stock representing 99.87% of the voting power of the Company for consideration of approximately $398,400. As part of the transaction, William Alessi, the sole director of the Company, appointed Luca Benedetto, Ippolito Cattaneo, and Dario Sodero as directors of the Company (with Messrs. Cattaneo's and Sodero's appointment subject to compliance by CYAP with Rule 14f-1 under the Securities Exchange Act of 1934). Thereafter, Mr. Alessi resigned as CYAP's sole director and officer.

In addition to the foregoing, Mr. Benedetto was appointed President and Treasurer of the Company and Mr. Cattaneo was appointed as the Company's Secretary.

In addition to continuing with its present business, the Company is exploring potential expansion into other business sectors. Zenith Energy intends to invest in the Company in order to enable it to accomplish future expansion.

Luca Benedetto, President, and director, commented, "We are pleased that Zenith Energy has acquired a majority stake in CYAP, in line with its development strategy, to have a stable presence in USA, the largest capital market inf the world. We look forward to reporting to stockholders and the investment community on our development plan for CYAP before the end of October 2023."

[Hanibal]

Totally agreed. There's not much to be excited about in the OTC these days BB. It's a sad state of affairs for sure. Even if you do find a ticker which you could get excited about that excitement fades pretty quickly because there are seemingly no future prospects or signs the ticker will do anything For example there is one Asian OTC ticker I've had my eye on in recent weeks. I think it had a handful of trades all year. There are shares for the taking at what "seems" to be a good price but I haven't pulled the trigger yet. One reason is I think it's a trap and if I buy I won't be able to sell for a very long time. The spread is substantial and I don't want to tie up the capital for very long. The other reason is I think as soon as I buy there will be some sort of a promo resulting in a dump. So I've been staying away.

[Quintessence]

I have mostly switched to big board stocks.

A couple I like now are LVO and YCBD.

There is some decent action in small caps, though not usually as dramatic as the OTC of the good old days.

[Big Brother]

I've noticed that as well.

I was never a big believer that penny stock financials ever really meant much.....but this is getting absurd now. Basically (with a few exceptions) if its not getting pumped on social media, its not getting any volume. So anyone wanting to stick with the OTC from here on out, will likely need to follow the bigger pumpers on social media it seems. All other opportunities are gone, or seem to have dried up completely.

[Mr. Zen]

The #OTCQB Index is now below COVID crash lows. Tons of companies doing millions of revs and trading so low they have market caps less than their cash on hand. Audited SEC reporting w/ excellent share structures.

If we can't find value here we may as well close the exchange.

[Big Brother]

RENI and MEDE looking interesting today, first real action on these new issues.

[Big Brother]

New issue have been horrendous this year, I think I made decent money on one, CBDW back in January or February, it went on a big run early on in the trading, before shitting the bed.....but that's about it though, the rest have pretty much been either completely illiquid or tanked. I'm very leery about new issue in this current market, I've never seen them this bad.

Will not surprise me at all if we see MANY tickers being abandoned next year, if I see anything getting really late in their filings, I will start dumping them from now on. I've lost quite a bit of $$$s on abandoned tickers this year. Its not worth spending the money to file any more for many of these companies, as there is just no volume at all whatsoever.....new issue are especially bad, these companies cant even get more than a few thousands shares in DTC to trade....and no one seems to want to buy those anymore.

[Mr. Zen]

The market will come back, it always does. But it will be in a different form and legislation is going to be needed in some form. Crypto is the craze of all the young Turks but what does that do to the economy? Young NASDAQ companies are having the living snot shorted out of them and my NASDAQ trades are all toilet bound, MULN, ISUN, WINT should all be 150% higher than what they are. This reminds me of the housing crisis days when I though a condo in Hawaii at $60k was overpriced... woulda, coulda, shoulda. The timeline on our holdings are now somewhere over the horizon. It's a waiting game.

[STOCKPICKER4LIFE]

The lack of volume on these stocks is crazy. I saw the first shares go up on the ask for AZRS. I was tempted to buy, but i didn't.. Now the ask is crazy high.

[Mr. Zen]

You are exactly right, those with the power do not want those without the power to make money, so cripple the bottom of the market and that allows those with the money to make more (in theory). I once had a conversation with a FINRA lawyer and told hime he has cut off the entire bottom end of the market, quote" oh I never looked at it that way"

The Chinese just reduced the tax burden by 50 % to stimulate their market... not a bad move.

[Big Brother]

I think the problems with the OTC right now are multifold... but... the 2 biggest factors are likely......

A)Inflation, as it has left less discretionary money for folks to use towards penny stocks and

B) the amendments to Rule 15c2-11, when this went into effect it reduced the number of penny stocks and limited the way folks could make money on the OTC, the profits from those trades would have then went into other plays.

I really don't see the OTC recovering any time soon, there will continue to be some very short term social media pumps here and there but that's about it, I don't see it ever being what it was.

[Mr. Zen]

CHINA REDUCES TAX ON STOCK TRADING BY 50% TO BOOST MARKET