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Exactly.. like the example I used before:
You can’t audited your own tax returns only the IRS could do that.
So unless OTCmarkets approved it ? Then it’s NOT AUDITED.
False
We are compliant in all disclosers. We have still seen no evidence of ANY wrongdoing by the company, just assertions by you and others as to what they " think" caused the CE. So you may want to revisit the stickied post above and remind yourself that ALL previous communications were cleared and not found promotional by the OTCM itself ( the original reason for CE). That statement was ALSO in evidence at the time of the Audit and the account which it was made on was LISTED as reviewed by the auditor and is in the filings. So that statement is now a matter of legal fact and audited.
So the letter from the auditor in the annuals stating they audited the financials means nothing? I see.
Secretive and audited aren’t 2 words that go together.
The information I have now is a reason Not to invest in TXTM. The company is too secretive in its dealings; always a bad sign for a Pinky Stock.
it says clear as day ,unaudited on otc.
Quote: " All the parent company has to do now is stop being so secretive about its actual crop sales/clientele/asset transfers"
The parent company does not trade on the OTCM, is a private company, and is not required to make disclosers of any kind. Now if you're referring to TXTM the very Audit would disallow and investigate any misstatements, omissions of any kind. You again, can find this very statement in the auditors section of the annual audited filing. You may want to stop making unsubstantiated claims that you cannot back up.
Your statements are very confusing. You have repeatedly ask for the "mission statement" for TXTM, then you show at least limited knowledge of the business model and relationships between the companies involved. What's concerning to me is you clearly have not comprehended or even attempted to read the filings.
The business model is clearly laid out along will the multiple expected revenue streams which are well defined in the Supplier Agreement as well as other sections in the filings, which are now audited and verified.
You then go on to portray the TXTM extraction process as " dormant" flying in the face of communications from management on this very topic that it is FAR from dormant and is being increased and developed. The funny part to me is you made the choice to invest with far less information than you have now.
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Sounds good. All the parent company has to do now is stop being so secretive about its actual crop sales/clientele/asset transfers. And to eliminate the CE. And resolving its past "Boiler Room" marketing transgressions with the OTC (which has not worked up to now). Tall order going forward.
The last Hemp conference that Dr, J spoke at he said the ideal outcome was to make the companies value translated into USD. IMO TXTM is the way that will be used to have access to the North American Markets and the USD. I expect to see revenue generated by the subsidiaries being applied to TXTM's books as the parent company. Waiting on Q1 to see how line items are applied.
I originally invested in TXTM because I thought it was a company that was going to be producing its own revenue, not simply relying on handouts. I was wrong, as you are now. As far as ICNM goes, they are currently meeting all of their expansion goals nicely; the general investing public will soon catch up to them.
Sometimes you have to take a chance and buy your straw hats in the wintertime. Sometimes it does not work out (TXTM).
Sooooo, you are a shareholder, but you are asking people for answers? Why did you even invest? Did you do your DD with ICNM? Why give them a pass? There is not one negative comment about them. LMAO!
In what ways does TXTM generate its OWN REVENUE, other than the (dormant) extraction process? Being dependent on the parent company for a seed handout now and then is not exactly a good business model.
Can anyone tell me what is TXTM's current Mission Statement. Not RSAMMD, but TXTM. I'm not the most M&A-savvy tool in the tool shed either.
This is my best guess as to why we haven't seen any revs revealed yet. I'm not the most M&A-savvy tool in the tool shed. The on time Q1 was cool!
We may still have CE, though.
The scarlet letter(s).
RSA and TXTM revs and assets are in RSAMMDA - a JV that's probly a private co. So we won't see them in a filing till RSAMMDA is incorporated into public TXTM. IMHO.
What I see is the age-old proverb once again come to fruition:
"A fool and his money are soon parted".
You really don't see it ,do you?.
Bless you... you will.
Okay. In other words, you were once again proven wrong with your timeline. An investor would know that if they did their proper DD. Didn’t you say you were invested? Wait, didn’t you tell me that ICNM put out good news? I looked at that board closely and o have yet to see you put out one bad comment about that “FLUFF” PR that they put out. So, don’t talk to me about a “BAD” investment when a “non CE” stock can’t make it past .0004. LMAO!
Try and focus on what is actually important here.
No recurring monthly sales or real asset transfers, no usage of extraction technology, no Credit Suisse/ BofA bond sales. All after telling shareholders differently. CE which has not being lifted after 1 1/2 years of supposedly trying.
Let that sink in before you try to split hairs to justify a bad investment.
You said the stock was pumped when they released the 2.33 million pounds and the stock was already .0126 when it was released. It dropped after the news was released. Why haven’t you addressed your inaccuracy? Go ahead and say you were wrong and continue with a “but, but” comment. LMAO!
Dude, you are all over the place. Make up your mind which direction you want to go. You are moving the goalposts.
Yet you are following me. What does that make you? LMAO!
Spoken like a true shyster splitting hairs over definitions.
C'mon, man. Anyone with a modicum of intelligence can see when Dylon and Dr J announced MJ "record sales" and "major asset transfers" to TXTM that clearly never materialized. And they never explained to their shareholders what happened. Just refer to the old Twitter posts (that have since been taken down for obvious reasons).
To blame the CE on the OTC is the height of hypocrisy. Its their job to protect the public from this sort of Hanky-Panky.
Sell and move on. That would eliminate a lot is stress for you. LMAO!
I screenshot this comment for a receipt.
You bears are terrified of good news. LMAO!
You are one of the ones who said TXTM would never file an audit. Keep moving the goalposts.
The two of you cleary don't understand the inference of the CE and impact on the business operations with the indicators of fraud implied.
This would interfere with operations as well as aquistions. I've explained this 1,000 times but the two of you seem to have selective memory. But that's OK.
All of that is and will be changing soon as the official audit supercedes the Caveat Emptor Designation by the OTCM because it gives no reason that a potential acquisition candidate can do due dillegence to find liability. Thus they have to default to worse case,which is fraud. With the Audit now officially done, those barriers are now removed the OTCM CE becomes null and void outside of the OTCM as It pertains to business operations.
But, as I said a year ago the OTCM better have a damn good reason for the CE because fully certified Audit found none. Whose gonna be responsible for that?
Txtm is going to change there ticker symbol to CE to save ongoing confusion 🤔👜
ce will be here 'till eoy,the question is,is it coming off in 25?
all talk since day one,and zero action=incompetent people.Simply put,this people don't know/can't run a business of scale.all just outright lie.
And to the false claims of acquisitions on TXTM's behalf which proved not to take place.
The issues here are probably connected to the acquisition itself.
You have no proof of that, and that makes absolutely no sense as an official GAAP audit found nothing wrong with its current structure and agreements.
The NASDAQ absolutely would axxept TXTM after it meets the requirements for listing.
That is an emotional statement as it has no basis in fact. There have been no communication or references to the order as being a question that the otc has EVER referred to. What has been communicated is the promotion which was external..the audit proves there was NO OMISSIONS or fraud on behalf of the company by an GAAP approved auditor who found NO EVIDENCE of any misstatements, omissions, or misleading statements, which proves your assertion is and will always be false.Those are the facts, only the OTCM stands alone against the SA Government, The owners, And now a auditor.
You are probably right, but being in good standing on the SA exchange is still preferable to what TXTM has to look forward to on the Pink Exchange.
SA exchange is for losers, there's a reason co's. want to be in US exchange.
Nasdaq would never accept TXTM for exchange upgrade as it currently stands. Management's best chance is to apply for the SA exchange; but the current relationship between RSAMMD and TXTM would need to be heavily revised. Good luck to all.
November 1, 2022 was when the announcement was made. On that day, the stock was .0126. After the announcement is when people started dumping, so how did the announcement increase the stock price? Do a little research before you start rambling.
you and likes of you,been saying this for almost 2yrs.Maybe change the tune?So far,everything is outright lye.
The OTC will not lift the CE until the unsubstantiated claims of "2.3M lb recurring sales" and claims of "2-3 major purchases to be transferred to TXTM shortly" have been satisfactorily explained to shareholders. The fact that TXTM may be audited moving forward does not alleviate the outright unethical promotion that management used to push the stock price up 1 1/2 yrs ago.
Try to use common sense, and leave your emotions behind.
Really past the point of convincing or debating. The facts are what they are. After Attorney letter is submitted to OTCM and accepted we will officially be an audited firm on the OTCM and applicable to other exchanges as well.
Godsplan. We will be fine. Best of luck to everyone.
it is not audited,auditors never upload anything.
I don't think you would sell. You clearly see what this is as you are intelligent enough to see it. You have stated repeatedly your dissatisfaction with the process as we all have been but the accusation of fraud and wrongdoing have now been put to rest.
I explained this to you as showed you that you don't know what you're talking about. Auditors don't have access to security keys needed to upload docs to OTCM. As you can see the last upload is no longer active. You said we would never have a successful Audit, so let's concentrate on that first shall we?
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