Reverse Mergers & Low Float Plays

[puffadder]

LMAO was going to post ASKH next HOLO earlier today ...

you see the volume on that - crazy

[Involuntary-Recluse]

HOLO $3.30------------$51.00 today 😂
Impossible is nothing in the markets

[puffadder]

Timing would be other worldly lol

[Involuntary-Recluse]

Going to be a new King/Sheriff of the OTC sooooooooooooooooooooooooooooooooon 😂

[puffadder]

GVSI news ouch - bloated SS always risky

[puffadder]

GVSI please pass on some volume to ASKH when the time comes

[TURCH]

$CBIA closed HOD .0009 + 80%


Regards

[TURCH]

Nearing 600 milly quite the dollar amt here today half a mill appox Imo

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[TURCH]

465 milly wowzer shes heating up


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[TURCH]

331 mill traded nice vol 🧐


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[realtmg]

Thanks

[TURCH]

$CBIA 😁

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[TURCH]

$ICU .80 lets see


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[Mark954]

Thanks Potse, As always, your insight is much appreciated.

Mark out

[TURCH]

.0179


Regards

[Pinksatthehotel]

TNBI waiting on news. Recent filing shows 1.2 million share in the float and reverse merger about to happen with a large consumer product company. Go!

[Potse]

TCRI(.25)...some interesting things in that 8-K.......

$TCRI 8k out. What's your take on this.

Since the change in management/directors back in early November, I have picked up additional shares mostly around the 15-cent area. There are obviously still a lot of question marks regarding exactly what is going to happen on the operational and financing side of things, and how this will all play out, but certainly that 8-K filed yesterday is quite interesting.

Based on the verbiage in the employment agreements, the TCRI business direction is basically identical to management's other company -- Edgemode (crypto mining, data centers, high-performance computing). Management suspended operations of Edgemode (EDGM) last year due to lack of financing for mining equipment. I am not sure if Edgemode still has any remaining viable assets/operations (like mining/computing pool contracts with existing data centers), and whether any of those things would eventually be moved into TCRI.

I think it is fairly clear/obvious that Phoenix has a pretty good idea of what is going to happen with TCRI. It would seem unlikely that Phoenix would be preparing to provide TCRI with a $75M line of credit unless all the parties involved here are reasonably aware of what each other intends to do. The equity/debt financing that management will be seeking to repay the $75M line of credit is probably going to be the most pivotal thing for TCRI. Bad terms/conditions could derail TCRI as an investment, and good terms/conditions might cause the stock to move nicely higher. A financing of this magnitude will obviously require the involvement of large institutional investors or extremely wealthy individuals. It will be interesting to see if the heavy involvement of Phoenix in TCRI (and the success/attention that Phoenix had with its IPO) plays a major role in the financing attempt.

Now, it is entirely possible that things here could turn out badly for various reasons, but I am somewhat encouraged by some of the things I saw in the 8-K. It appears to me that Phoenix has taken some precautions to help protect TCRI from some bad decisions or failure by the current management. Now, Phoenix itself could make mistakes and exercise poor judgement, but the fact that Phoenix will be monitoring things makes me a little more comfortable with my TCRI investment than if management had no supervision at all. A few things I found somewhat noteworthy.....

1) Management receives no compensation (no salary, no warrants) unless TCRI is successful in raising at least $75M. Phoenix can also terminate management's employment if certain revenue timelines are not reached.

2) There does not appear to be any cashless exercise features on the warrants that management will receive. If management wants to exercise any of the warrants, it will need to come up with the cash to do so.

3) It appears to me that Phoenix must approve any new liability for TCRI. In other words, if management wanted TCRI to enter into a convertible financing Phoenix would need to approve it first. This policy should decrease the risk of TCRI getting saddled with some type of toxic financing. From the employment agreements........

Employee serves under the direction of the Board of Directors and cannot obligate the Company to incur any liability without the approval of the Board of Directors

[TURCH]

.0163 on some vol 🤔


Regards

[Mark954]

Potse,
$TCRI 8k out. What's your take on this. Always respect and appreciate your analysis on these types of things. https://www.otcmarkets.com/filing/html?id=17218038&guid=czd-kH2IptwfJth

Mark out

[Involuntary-Recluse]

That post is not about folks trying to get ahead and have a better life.
It is directed to all the simpletons in North America that haven't a clue how good they have it yet still fret about anything and everything...

[TURCH]

$AREB nice push ah's


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[TURCH]

$ZHUD .0173 on good vol 😁

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[Involuntary-Recluse]

CLHI hoy .08

[TURCH]

Hood + .40 lets get her back over 12!


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[Involuntary-Recluse]

MDWK hoy .203

[TURCH]

$SAVE yesterday 4's

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[TURCH]

Oh boy I jumped too early 😫


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[TURCH]

$UAVS .09

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[TURCH]

Noted Sir

I'll take the Bills at home 😎


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[Involuntary-Recluse]

My $$ would be on KC, until proven otherwise.

[TURCH]

Nice 😁

Come on make a pick Sir!


Regards

[Involuntary-Recluse]

MDWK hoy .17

That one is a toss up T 🤔

[Pinksatthehotel]

TNBI. Huge. Low float and ready to go!

[TURCH]

$LMDXF .014's risk on 🤓

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[TURCH]

Yes stick with stock picks please!

Watcha thinking Bills or Kc lol


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[Involuntary-Recluse]

You see what happens when i stick to stocks 😂 😂

[TURCH]

Back in $MCRB low 1.20's

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[TURCH]

Yes sir!!!!!!!


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[Involuntary-Recluse]

CLHI 52wk hi .044

[TURCH]

$TGL .11


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[Pinksatthehotel]

TNBI at .15. Level 2 should no resistance and an easy double. Low float under 5M shares with news expected regarding a merger.

[TURCH]

$TGL looks ready .088 IMO


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[TURCH]

$MIMO wowwzer damn I missed this one it was gone it seconds 😰

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[TURCH]

$ROI nice PM hit from yesterdays close 😎

Regards

[Potse]

QGSI(.048)...debt settlement, revenue growth......

I picked up some sub-5 cent shares of QGSI today. Historically, QGSI has had some nice tradeable moves from this price area, and I am looking to see if history repeats itself. There is potentially considerable risk here because the company has been trying to raise $2M over the last couple of months or so. Depending on the terms/conditions of that capital raise this 5-cent price level could turn out to look pretty attractive or pretty bad. I'm crossing my fingers that it will not be some type of toxic financing. My guess/hunch is that the financing might get priced somewhere in that 5-10 cent price area, so I am willing to take a chance here and bought some shares.

The most recent comment about the financing was in the early December press release........

TORONTO and NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- QuantGate Systems Inc. (OTCQB: QGSI) (the "QuantGate" or "Company"), a leading innovator in Artificial Intelligence ("AI"), Machine Learning ("ML") and SaaS-based Fintech solutions, today provides an important update on its financing announced on October 24, 2023, and the progress made amidst a turbulent market landscape.

Since the announcement of its recent financing, QuantGate Systems Inc. has made significant strides in its operations and strategic initiatives. Despite the challenging environment characterized by problematic market conditions, including difficulties in listings, financing, and IPOs, the company has maintained its commitment to growth and innovation.

Allan Bezanson, CEO of QuantGate Systems Inc., states: "Despite the headwinds in the market, we are steadfast in our pursuit of excellence and delivering value to our stakeholders. We are committed to the current financing but might have to adjust certain terms and pricing of the offering dictated by market conditions. There are no certainties that the financing will be completed. However, we are in advanced discussions with numerous individuals and entities. As such, we are providing guidance based on disclosures in our most recent financial statements."

Primary reason(s) I took a position now is because of what was disclosed in the quarterly report filed yesterday.....

1) I think for the first time in company history the revenue showed a significant amount of quarter-to-quarter revenue growth -- from $3K in the previous quarter to $169K in the quarter ended November 30, 2023. So maybe the company is starting to see a little bit of traction building for its products.

2) The most interesting thing in the filing was a large debt settlement done at 10 cents after the quarter ended. That represented more than 30% of QGSI's total debt. It doesn't specify exactly what debt was settled (convertibles or just general corporate debt). Maybe this debt reduction is a precursor to an announcement/progress on the financing package........

Subsequent to November 30, 2023, $1,365,016 of debt has been agreed to be settled with the issuance of 13,650,110 common
shares.

[Pinksatthehotel]

$TNBI being acquired. I expect this little sleeper to start gaining traction with lots of news on the way.

[TURCH]

$BTCT nice move AH 🤑


Regards

[Involuntary-Recluse]

So far my a/c is as follows;

COIN $35ish
HOOD $7.50
CLHI .035
ASKH .0085ish

🤔

[TURCH]

let the crew know the fresh picks for 24

HOOD
ASKH
CLHI

holding those with you!

Regards

[Involuntary-Recluse]

My target has always been $35-40ish imho...