SCWorx Corporation (WORX)

[Craig305]

WORX 8K released.
Bad news about a judgement they must pay. Must do a capital raise to pay $500k in one month.

[Monksdream]

The company still appeal

[Craig305]

They are now officially late.
How much time does NASDAQ allow them to be delinquent on the filing?

[Monksdream]

WORX 10Q due 4/15 per SA
Next day settlement begins 5/28

[philaya]

reading tea leaves...
it means someting.

[Craig305]

8-K released by WORX

Termination of Merger Agreement

On December 22, 2023, SCWorx entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with American Environmental. The material terms of the
proposed merger were disclosed in the Form 8-K filed December 26, 2023.

On March 26, 2024, the parties agreed by mutual consent to terminate the Merger Agreement.
Therefore, the previously proposed merger will not take place, and SCWorx and American Environmental will each continue to operate as separate and independent businesses.

[Zardiw]

Well, only thing that really matters is $WORX is up, and we got alerted early...........

Z

[TrendTrade2016]

IN TUNE WITH THE QANTS WHO PROGRAM THESE ALGOS IS VERY IMPORTANT

[TrendTrade2016]

WORX...MY NEW AI TARGET JUST CAME IN @6.03

[TrendTrade2016]

WORX...HERE WE GO

[Awl416]

Mind boggling

[Craig305]

Yeah....this has happened several times over the years. Some mysterious trading going on behind the scenes. This would be a good case study for the SEC.

[Zardiw]

What I wanna know is how can $WORX with an OS of 1.5M ....trade 83M ...........lol

Z

[Zardiw]

$WORX Chart from #DDAmanda - #1 Stock Screener :

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Z

[KingOfSwing...Trading]

Congratulations!

[da_stock_analyst]

#WORX 🔥 i was right!! Another run tomorrow? $worx

[KingOfSwing...Trading]

I need a pullback after unloading the bags I had before I can get back in.

[TrendTrade2016]

WORK HERE WE GO

[TrendTrade2016]

WORX BLOWING UP

[Monksdream]

WORX

[Craig305]

Some mysterious group pumps and dumps it every couple of months.
Wonder if the merger with AEPT is ever going to happen.

[Awl416]

Who’s poking it

[Invest-in-America]

WORX: Again???

[Invest-in-America]

WORX: Soaring in the Post-M.

[Craig305]

I don't see that $9 being possible with the pending merger.


Under the Agreement, the Company has agreed to merge its wholly-owned subsidiary in American Environmental, with American Environmental as the surviving company in the merger. As merger consideration for their shares, American Environmental shareholders will receive shares of SCWorx common stock equal to 83% of the combined Company, on a fully diluted basis, after giving effect to a pre-merger capital raise of up to $6 million by American Environmental, which is a condition to completion of the Agreement. Therefore, SCWorx shareholders will own 17% of the combined company on a fully-diluted basis after the merger.

[81vette]

my sell is set high 9 (jic),ran to 14.40 in june(from 3),600% win would be ok with me lol,subject to change

[81vette]

gained 364 watchers in last hr,some big group is talking/researching,my guess they might run it after mkt(its only had 506 trades today)

[81vette]

today,first weekly macd bullish,since 1 for 15 oct 11th,indicates this could be a good post r/s play starting,gross profiting(not net profit yet),sales 4m,debt 477k,book pps 5.16,mkt cap 1.88m

[81vette]

13,484 watchers,jan.24th was a pick by t s p (100k followers) i think this is going to be replayed/promoted again,lots of eyes to start buying and with this low float it could run quick,chart is ideal right now,bullish start yesterday,buying vol and surges increasing last 10days

[81vette]

https://www.globenewswire.com/news-release/2023/10/23/2764833/0/en/SCWorx-Signs-Letter-of-Intent-to-Acquire-an-Environmental-Services-Company.html

[Craig305]

It has lost 46% of value since the reverse split on Oct. 11.

[Monksdream]

WORX new 52 week low

[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 ? !