SCWorx Corporation (WORX)

[Craig305]

8k released for reverse merger.

https://www.otcmarkets.com/filing/html?id=16998029&guid=UE5-kFk04l7-B3h

[Craig305]

Following the Meeting, the Company’s Board of Directors (the “Board”) approved a final ratio of 15-for-1 for the reverse stock split (the “Split”), which was within the parameters approved by the shareholders. The Split is expected to become effective at market open on October 11, 2023, pending confirmation by the Depository Trust Company and the Nasdaq.

[Golden Cross]

Nothing I can find... OS increased 6%... this volume makes no since for the O/S and float size here... Id say they are selling shares?

[Craig305]

Would be nice to know the story behind that volume. It is being manipulated somehow some way. It certainly is not regular traders trading based on news. There was NO news.
The company never even makes a statement about the trading volume when it happens.

[Golden Cross]

Monster volume

[subslover]

I through some of the profit at a stinky pinky lol. Maybe it will double quickly?

[Invest-in-America]

WORX: YEP!! I got up a little LATE to watch Orion's this morn., & was SPOOKED that WORX had soared so high already --- crazy, crazy, Markets these days.

[subslover]

Got out of this POS an hour ago at .40. CATX doing very nice for you!

[Invest-in-America]

WORX: Right, Bro; I myself didn't grab it --- but YOU surely flipped it long ago in the Pre-Mkt today for nice POP!!! (CONGRATS!!)

PS: Made sure I got some @CATX, though.

[TheFinalCD]

NEW HIGH


WORX

[subslover]

$WORX is not up because of any release from the company, at least as far as we can tell this is just a run up in the price

[madras50]

any chance you could give me 1 pick that you are long on?

[Awl416]

LOL

[subslover]

Where flying like Superman!

[Invest-in-America]

THANKS, & I hope WORX is doing well too, Boss!!

[subslover]

Here we go again and I don't know why :) Hope you're doing well.

[Craig305]

No. They are scheduled to have a reverse split in October. Date not set yet but there is a NASDAQ deadline around Oct 20 if my memory is correct. You can look up the filings.

[hondaboost]

WORX, will file Bankruptcy ? !

[KingOfSwing...Trading]

That pop resulted in a trip to the ATM for a 35% gain.

Holding a few shares for a continuation move and then I’ll look for another opportunity to get back in for another ride.

Good luck to all of us!

[Roadtojourney]

Getting ready slowly slowly?? Imo

[Invest-in-America]

WORX: Let's get ready to, "RUMMMMMMMMMMMM-BULLLLLLLLLLL!!!"

[Triple nickle]

Lookin nice

[subslover]

COOL STUFF

[Invest-in-America]

The iHub SONG-OF-THE-DAY!!! It just don't get much better than THIS!!!

[Invest-in-America]

WORX: Thar-she-BLOWS, Sailors!!!

[Invest-in-America]

WORX: Soaring!!

[Craig305]

It is a 30-45 day window of waiting for the appeal hearing. Will know something in July.

[StockJumper25]

Isn't this a 30 day process that started at the beginning of this month?

[Roadtojourney]

Its over i guess?? Imo

[Craig305]

WORX currently in an appeal process requesting a reverse split. If denied...it will be delisted to OTC.

https://ir.scworx.com/all-sec-filings/content/0001213900-23-047784/ea180099-8k_scworx.htm?TB_iframe=true&height=auto&width=auto&preload=false

[glenn1919]

WORX......................https://stockcharts.com/h-sc/ui?s=WORX&p=W&b=5&g=0&id=p86431144783

[INV4]

Great move!! Bought some yesterday!!
Already way up!! Good luck to all.
$WORX

[trader_ron]

Headed higher on News next week ;)

[KingOfSwing...Trading]

Took the trip to the ATM for an 87% gain due to today’s spike. Still don’t know what the catalyst was but I appreciate it.

See you all again at the next pullback!

[Harley16]

Need another run up the flag here !!! We looking to cross 1$ today??

[Triple nickle]

Hmmm .84/1.10

[Triple nickle]

Yup run forest runnnnnn

[Triple nickle]

It’s getting it now

[Craig305]

WORX needs a coordinated pump to get some volume. It had one by a group on Stocktwits early Dec.
Maybe they will come back for round 2 at this level.

[makinezmoney]

$WORX: Here she goes now....... up to $0.46


And some more room to move still


GOoooooooooooo



GO $WORX

[subslover]

SCWorx Announces Common Stock Purchase Agreement with Institutional Investor
New York, NY, July 05, 2022 (GLOBE NEWSWIRE) -- SCWorx Corp., a Delaware corporation (the “Company”), announced that it has entered into a common stock purchase agreement (the “Purchase Agreement”) with an institutional investor (the “Institutional Investor” or “Investor”). Under the terms and subject to the conditions of the Purchase Agreement, SCWorx will have the right, but not the obligation, to issue and sell to the Investor up to $5 million of SCWorx common stock from time-to-time over the approximately 24-month term of the Purchase Agreement.

Tim Hannibal, President & CEO of SCWorx, said, “Our agreement with the Institutional Investor is another piece of the SCWorx plan to move the Company forward and achieve key business objectives that contribute to our growth strategy”.

Hannibal continued, “We believe this commitment from the Institutional Investor demonstrates investor confidence in SCWorx, including our business model that leverages the SCWorx data management SaaS solution to assist hospitals in achieving their supply chain goals and cost savings objectives.”

Under the terms of the Purchase Agreement, SCWorx has the right, but not the obligation, to sell to the Investor up to $5 million of its common stock, subject to certain conditions. SCWorx may direct the Investor to purchase a number of shares not to exceed an amount determined by SCWorx’s trading volume and stock price. Purchase notices may be issued over the period commencing once certain customary conditions are satisfied, including the filing and securing effectiveness of a registration statement (the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”) with respect to resale of the shares issued pursuant to the Purchase Agreement, which is expected in mid-to-late August 2022.

SCWorx expects to use net proceeds from the financing over time for working capital and general corporate purposes to support its future growth.

As consideration for the Institutional Investor’s commitment to purchase shares of SCWorx’s common stock upon the terms and conditions set forth in the Purchase Agreement, SCWorx will issue 277,778 shares of its common stock to the Investor.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of any of the securities referred to in this news release in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. Any offering of SCWorx’s common stock under the resale registration statement referred to in this news release will be made only by means of a prospectus.

About SCWorx Corp.

SCWorx has created an advanced attributed virtualized item data warehouse utilizing machine learning and artificial intelligence to

[janice shell]

The Securities and Exchange Commission today charged New York-based SCWorx Corp. and its former Chief Executive Officer and Chairman of the Board, Marc S. Schessel, with making false and misleading statements about SCWorx’s plans to distribute COVID-19 rapid test kits in April 2020. SCWorx has agreed to settle the SEC’s charges and will pay a $125,000 civil penalty.

https://www.sec.gov/news/press-release/2022-94

[logsplitter]

Fried shorts for supper

[georgie18]

WORX...$2.69...Back in on the Bullish Engulfing Reversal Candle to the Upside...

Bollie Squeeze setting up here on this Low Floater...imo...we shall see...

Chart... https://schrts.co/wwzfpXjN ...

[Jukimol]

Short Squeeze Coming

[Pt3]

so er tomorrow

[Spicknspan]

Nice move today for WORX. Could get to $6.00 before consolidating, imo/

[Dantheoneman]

Blue skies until $12.00

[BUFCARP]

Shorts losing their arse!!

[masterofdisaster]

Killed the mojo