Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Awesome when I free some up I’ll hit it too... I firmly believe we’re going to get a nice surprise here someday in the near future $rynl
I just did to round up to 80k
They are still reflecting so there is at least 10k remaining.
Funny how some MM's show the order size but others do not. You would think that would be regulated.
Thanks... I have about the same looking to add but not on the ask.... lol
I have been buying it for months and months. All I have managed to get is 67k.
That makes feel fairly certain the float is less than 1MM.
I’m just waiting for a custodian.
Also optimistic a lot of the restrictive shares can be canceled. This was a failed merger with Reynaldos. Maybe a lot of the shares were not properly issued.
Says only 3.6MM at DTC
https://www.otcmarkets.com/stock/RYNL/security
I’ll try for more tomorrow... this will fly with one breath from anyone pulling the strings...
Probably not that many. I almost took them out myself.
Wonder who’s selling at 44? Ask at 10k but how many on it?
Thanks...I was hunting for cheapest but it looks like you have to buy at the ask
No way.
NV Shell with a small to tiny (?) float (4MM to 596k!)
https://www.otcmarkets.com/stock/RYNL/security
Only negative is the CE warning but I am pretty sure that was caused by retail. Someone probably frontloaded and then put out an email burst or something. No big deal to get cleared up.
The stock has been abandoned since 2005. Figure the CE came much later.
Just waiting on a custodian to sweep her up.
Saw there was selloff yesterday ...was that you?
Talk about a monster jump
This stock is completely and utterly abandoned. Waiting for a custodian to scoop it up.
The iBox is clean but I am letting go of the mod spot for now.
Might grab it back again if-and-when new info comes out.
Bad experience last few weeks in BU_DT and CR_GE.
So I have decided to reduce my mod spots in these low info tickers.
Imo OTCM is systematically working through all the CE tickers right now. Most (about 95%) are going to the Expert Motel (Market). A blessed few are going Pink. RYNL was one of the lucky few.
Might check out the thread I created to discuss what is happening and share DD on these G2P Stocks.
Also, all of the G2P tickers are on the thread, including the date they turned Pink.
https://investorshub.advfn.com/Grey-to-Pink-37784/
re 211 -
That is just a concept at this point. Nothing has been decided upon and, as Janice indicated, they are subject to change their mind up to the very last second.
My hope is that these companies with either 1) get "grandfathered in" to any rules change and/or 2) Get current while there is still time so its nothing to worry about.
I will be a fun thing to watch unfold. Janice (and some other people who are very connected to regulatory issues) don't seem to think much will change in the end.
Again, will be an exciting thing to see unfold.
Who forked up the dough to bring it off the greys? Or who in their right mind is taking all of these Gray tickers to Pink?
When is that 211 rule you and Janice were discussing go into effect?? I got to be out these prior no?
I’m assuming they didn’t realize the shell existed or completely forgot about.
It’s possible the assets never got moved into the shell at the time the shell was purchased — like a failed reverse merger.
Thing is, if Reynoldos Mexican Food purchased the shell (and apparently they did) then it became the property of Wisconsin Cheese when they bought the company.
That would make this shell their responsibility.
For the longest it was virtually invisible since it was trading on the greys at .000001.
Not anymore. It’s exists and I’m sure we are not the only ones asking them about it.
What will they do now?
That’s the question in my mind.
Isn’t it strange they have limited liability corporation LLC after company name ... then how can RYNL be public? LLC is private designated? Must just be shell... I’ll try to call too...
Not yet but I will not stop calling until I speak with someone.
They cannot leave this like this. Either use the ticker or take it private. This is an embarrassment for Wisconsin Cheese to leave things like this.
Could even be a legal liability since shareholders (like myself) have purchased shares in this company because we believe it’s connected to Wisconsin Cheese. This shell (if it’s a shell) is a form of advertising.
That’s awesome you actually reached a CEO. That makes the ticker far more valuable imo — especially if they act like they are going to take action to update the info at OTCM and get current.
Did you get that call back? I was in one yesterday where I called the CEO and he did not know that it went from gray to pink either… So I guess anybody can activate a tier change... The big question here is the company going to realign itself with the ticker… ???
Wisconsin Cheese Group Acquires Swiss Heritage
Press Release---November 5th, 2018
Monroe, Wisconsin
Wisconsin Cheese Group, LLC ("WCG") acquires Swiss Heritage, Inc., a Hispanic cheese manufacturer with its facility in Monticello, Wisconsin.
Swiss Heritage, Inc. manufactures, markets and distributes a variety of Hispanic cheeses in the United States and currently employs approximately 30 people.
The acquisition of Swiss Heritage, Inc. will enable Wisconsin Cheese Group to increase its offering of cheeses and will fold perfectly into an existing portfolio of Hispanic foods through sister companies: Reynaldo’s Mexican Foods, LLC and Lisy-El Chilar, LLC.
About Wisconsin Cheese Group
Located in Monroe, Wisconsin, Wisconsin Cheese Group manufactures, markets, and distributes a wide array of quality, specialty cheeses and traditional Hispanic food products, including: cheese, probiotic beverages, chorizos, desserts, spices and peppers.
Wisconsin Cheese Group is one of the leading manufacturers of Hispanic products sold throughout the U.S. under well-known brand names such as El Viajero, Bio Salud!, La Morenita, Reynaldo’s, Wisconsin Farms, Lisy, Orale, El Chilar and Queseria Caribe. Wisconsin Cheese Group, LLC is privately held.
For more information: www.wisconsincheesegroup.com
https://www.wisconsincheesegroup.com/learn-more-about-us/
Have not heard anything from the company yet. I wonder if they know they own this ticker.
OTC Markets lists Joe Garcia as the CEO. I presume when he sold the company to Wisconsin Cheese that knew this ticker existed — but maybe not.
https://www.otcmarkets.com/stock/RYNL/profile
OTCM says the company is not a shell, but OTCM can be wrong about a lot of things — especially when a company has been sold several times.
Thing is, it seems to me, they really need to do something about this situation. The company brand is right here. Plus they must own the old domain because it forwards to their website:
http://www.rmfood.com/
It seems to me they should want to either put this shell to good use (wouldn't that be our dream scenario? R/M their whole private equity firm and all their holdings) or buyout all the shareholders and take the thing private (make it disappear the right way).
If they try to just sieze control of OTCM and wipe everything out they would ruin our value and open up a whole new can of worms — legally speaking.
I honestly bought shares in this stock in large part because of the information listed at otcmarkets.com. I'm sure others did too.
I bet they are saying: "WHAT THE HELL?" at Wisconsin Cheese right this very moment.
Interesting situation to be sure.
If you have shares of RYNL, please send them a message through their website asking them to contact OTCM.
https://www.wisconsincheesegroup.com/contact/
I just sent this...
I just called Wisconsin Cheese Company.
The lady that answered said that you can find Reynaldo's Products all over the place including Walmart, Kroger's, and other Mexican Food Stores.
She said sometimes they repackage the item and its sold as a generic — so you would never know it's Reynaldo's.
Then I mentioned the situation with the stock — that it just went Grey to Pink — and she said that she had no idea that Reynaldo's was a publicly traded company. I requested they reach out to OTCM to update the basic info and see what is needed to get rid of the CE and come current.
She took my info and is going to pass it along to the appropriate person. Let's see if I get a callback or if something new shows up at OTCM.
Wisconsin Cheese Group
https://www.wisconsincheesegroup.com/contact/
(800) 322-6518
RYNL DD
Transfer Agent Verified
A/S 450MM
o/S 129MM
The float from 2005 says only 596,922. If correct that's tiny.
https://www.otcmarkets.com/stock/RYNL/security
The old website forwards here: https://www.wisconsincheesegroup.com/
I guess they bought Reynaldo's?
I feel like I still see their products in stores.
RYNL: Grey to Pink today.
https://www.otcmarkets.com/stock/RYNL/profile
strange things
Followers
|
7
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
77
|
Created
|
07/24/18
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |