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SPDL registration revoked:
https://www.sec.gov/litigation/opinions/2021/34-92678.pdf
Blast-off is imminent. SPDL is gonna be @ Penny Land!
Yes dude! Whales in the pond are about to join the race as SPDL is gonna be @ Penny Land in the coming days. It's grossly undervalued, a load and hold, no-brainer. Just hold your shares folks.
Let's go SPDL to $0.10++ !!
Babubd,
Been watching you post by yourself for a while, but you are about to be right. You’ll have a lot more company on this board soon.
Loading up and holding because Penny Land is imminent!! Just load and lock up your shares before too late.
$SPDL
Blast-off is imminent. Just hold your shares folks. $SPDL
$SPDL is gonna be at Penny Land at any moment!!
$SPDL
SPDL is gonna explode upwards in next week. PPS 3-yr high was $0.14 and 5-yr high was $0.30...just beautiful!
Let’s go SPDL and break 5-yr high!!
$SPDL
SPDL SEC Suspension for severely delinquent Financials:
https://www.sec.gov/litigation/suspensions/2020/34-89682.pdf
Order:
https://www.sec.gov/litigation/suspensions/2020/34-89682-o.pdf
Admin. Proceeding:
https://www.sec.gov/litigation/admin/2020/34-89680.pdf
On watch. Heavy volume for the day. Definitely more than the last month combined.
Heavy volume last 15 minutes. Something's up?
Got 250k partial fills at 0001 over last year or so.. sucks
I want a few milly to sit on here..
A .0001 stock with a 350M float. If there is even a hint of reconstruction for this company, this will blow past .005 in an instant.
Someone knows something huge is happening here. Wait and see the excitements!
still a looking good
So how is this company SPDLs CHAPTER 7 bankruptcy progressing?
“This is an important time of year for the Company and its stockholders. There is a long period between the release of the third-quarter 10-Q, which we filed on November 19, 2018, and the 2018 10-K, which we expect to timely file by April 15, 2019. When there is a long period between filings, investors may experience an information void where a company may be limited in the information it may convey.”
About Spindle
Spindle, Inc. provides payment processing services to merchants using its Catalyst Gateway, and also acts as an agent, independent contractor or referral partner to broker merchants that it secures to other merchant processors for ongoing fees based on processing volume. Spindle serves Small to Medium-sized Businesses (SMBs) in these capacities
Sparked by something... I got my finger on the buy button if anything shows up on the screen
Not really sure, I have not been able to find anything new on the company.
Why all the buying yesterday? Wow most in a long time...
From everything I can find it is still pending so until it is approved no Q will be added. Can not find a lot of info other than the initial filing back in March. Who knows maybe they find another way, I know volume has hit so maybe somebody knows something. Good luck
As it says in the sticky, the company went bankrupt and there's nothing here.
wonder whats up
Need add the Q if in BK imo
WARNING This company is in chapter 7 bankruptcy!
OTC Markets- Spindle, Inc.
https://www.otcmarkets.com/stock/SPDL/overview
I understand the differences, I'm just simply pointing out that I've seen chapter 7 filings say they are ceasing operations. This one didn't. No idea if that means anything
Under Chapter 7, the company stops all operations and goes completely out of business. A trustee is appointed to "liquidate" (sell) the company's assets and the money is used to pay off the debt, which may include debts to creditors and investors.
https://www.sec.gov/reportspubs/investor-publications/investorpubsbankrupthtm.html
As far as I know that's what a Chapter 7 does, if they were looking to reorganize then they would have filed an 11. My understanding is a chapter 7 is when the business is shutting down. But hey we're always learning I guess.
Their bankruptcy filing didn't say they were ceasing operations like some others I've seen
Yea I see that, just not sure why unless some are just all in and hoping for a pop. I mean a chapter 7 if completed means everything is gone right? Now I guess the courts could turn it down when all is said and done. Example look at CAC*, it tried for a 7 back in 2015/16 I think and that got shot down. Even the 11 they filed got dismissed and that ticker is still trading. There's no company behind it but the ticker is still alive.
Look at the bid every day at 0001 vs the actual float being traded. The bid is WAY higher and no one seems to want to sell at trip 1.
Yep, that's another way it can go under .0001
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Spindle is an emerging provider of innovative marketing and commerce solutions delivered through the “Catalyst” brand. Spindle’s Catalyst Commerce Solutions have been built to suit B2B and B2C businesses of all sizes with vertically integrated, industry leading technology. The proprietary, integrated marketing and commerce solutions delivered through Catalyst, assist merchants increase customer acquisition, increase profitability and increase loyalty. The Catalyst approach, primarily focused on Small to Medium-sized Businesses (SMBs), is uniquely engineered to rapidly integrate mission critical business services, payment solutions, digital marketing and customer engagement to enhance transactional growth. Spindle’s proprietary intellectual property includes a portfolio of patents pending, encompassing networks, mobile payments, and security software. Spindle maintains a consistent commitment to innovation, Spindle’s Catalyst Commerce Solutions will continue to be enhanced, in order to consistently deliver sophisticated payments integrated marketing solutions.
Spindle, Inc. provides merchant and consumer-facing commerce solutions for small and medium-sized businesses in the United States. It offers payment processing services to merchants using its Catalyst Gateway; and acts as an agent, independent contractor, or referral partner to broker merchants that it secures to other merchant processors for ongoing fees based on processing volume. The company is based in Mesa, Arizona.
Chairman of the Board, Interim Chief Executive Officer
Dr. Jack Scott has served as a director since September 1, 2014. Dr. Scott has a diverse technical and business background spanning more than 35 years that includes applied research, consulting, sales and sales management, executive positions, and ownership of a group of five recycling and manufacturing businesses, including one joint venture, through a holding company, Canadus Technologies, LLC. Dr. Scott is a founding member of Canadus Technologies, LLC since January 2001. Prior to his experience with Canadus Technologies, LLC, from February 1997 to January 2000 Dr. Scott was President and CEO of Encycle, Inc., a $300 million recycling subsidiary, owned by Asarco, Inc., with more than 1,000 employees. Prior to Encycle, Inc., Dr. Scott held various senior management positions with several other companies in the recycling and manufacturing industries.
President and Director
Mr. Wesser most recently served as Executive Vice President, Secretary, and General Counsel at Professional Diversity Network, Inc. (“IPDN”), a global technology and networking company having offices in China and the U.S., with 15 million members worldwide. IPDN is traded on the Nasdaq Stock Market under ticker symbol IPDN from 2014 to 2017. Prior to his service at IPDN, Mr. Wesser served as General Counsel and Secretary of NAPW, Inc., managing all legal, insurance, logistical and business risk matters from 2009 until NAPW was acquired in 2014 by IPDN.
Prior to joining NAPW, Mr. Wesser was a partner with a private boutique litigation firm, where he served as local and national counsel to large corporations in numerous complex litigations in state and federal courts as well as before governmental agencies nationwide. Mr. Wesser holds a B.A. degree in Finance, summa cum laude, from LeMoyne College and a J.D. degree from William & Mary Law School.
Director
Mr. McIntyre has extensive management experience with technology companies and start-ups in the United States and Canada. From 2009 to the present, Mr. McIntyre has worked as an SEC compliance consultant providing securities law services to private and public companies. Mr. McIntyre was President and Director of Vocalscape Networks, Inc. from 2004 through 2008, served as a director of Nevstar Precious Metals, Inc. (NVPM), and is Secretary of SPARC Asia Ltd. Mr. McIntyre also served as Vice President, Sales & Marketing, Director of IT, and COO for Aimtronics Corporation. Mr. McIntyre also served on the Board of Directors of Richmond Software (The Maximizer) until the company's merger with Modatech (NASDAQ). In 1989, he joined Consumers Software Inc. as Director of Sales & Marketing and was instrumental in increasing software sales by more than 500% until the company was acquired by Microsoft on April 8, 1991.
Director
Joseph Horowitz currently serves as VP Business Development for ExcelAire. He is currently a consultant to Eiger Marketing where he helps manage PGA Tour partnerships. He was also previously a Brand Ambassador for both Tempus Jets and Webair Internet Development. A professional golfer, Joe played on numerous tours, including PGA Tour Canada and has won professional tournaments worldwide. He's also routinely been featured on the Golf Channel as a network recording artist.
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