Sysorex Inc (SYSX)

[Teddytropics]

That is an astute observation!

Could bode well for the immediate future on the back of interesting news..

Here is to a happy Monday..

[ace65]

obvious we are going up...

[ace65]

Averaging down,if this breaks out would be a good move.
But one never knows till after the fact.Good Luck.
It looks like it will with this buying.

[RKhan2011]

Great!!!! Happy fer ya

[dozendogs]

i'm not the bagholder.

[RKhan2011]

You think?? No shit sherlock.
Smdh

[dozendogs]

your average is probably too high.

[RKhan2011]

Wait a sec... Isn't this turd scheduled fer a reverse split ?!?

... Rather "approved"... Not "scheduled"

Full disclosure: still hodlin 500K+ bought at 0.07 and scared to buy mo.. smdh

[JusDePomme]

Interesting move ...

[dozendogs]

it moves on air. the float is locked. it is not a fatty.

[Overwatch]

Interesting turn of awesome here....

[Babubd]

SYSX..Pennies coming! She may run harder beyond imagination any day now..jmho. Flippers and Naked shorts will regret and shed tears.

[dozendogs]

am wondering what's up. s-1 approved? hm..

[ace65]

Nice buys coming in .0013s up

[dozendogs]

interesting. hope the company has good news for us

[ace65]

Looking like we break .001s today!!

[dozendogs]

This is a question that only the management can answer. However as a casual observer, i think Mark Peikin may be the one behind it all, right from the start from Coreweave to the triangle reverse merger to now.

[Teddytropics]

Why such a low price on the 50%?

The shell itself must be worth much more?

[Teddytropics]

Thanks again for the good info..

Time will tell..

[dozendogs]

iirc CEO's incentivized to sell all of SYSX or obtain 5mil in investments by EOY 2022. Not sure if he got it. But their S-1 shows they are willing to bypass converting debenture holders to sell 50% of the company's shares for about $250k. (after fees).

[Teddytropics]

So thats why the CEO or other position there was incentivized to get Crypto mining out the door by mid-Jan? As you mentioned..

[ace65]

LOL .001s up today sugarplum

[Mrkookee]

Thank you, like the ship captain said "I think I will hold her steady for a while "

[dozendogs]

I believe it's in the midst of changing ownership.

[Mrkookee]

Who believe that this stock will recover and be great again?

[rudyboy]

There is or favorite pumper again. Lol

[DJSAMPLERT19]

LOL. U gotz sum Xtra smokes? Hehehe

[ace65]

Yep lets break .001s today!

[Mac-A-Million]

This wants 10's plus......$$$$$$!

[ace65]

Looking good .001s up

[dozendogs]

The last time we saw daily volume like today, was two weeks ago. Today's volume is welcomed, we even hit .001. Let's see if this volume continues.

[ace65]

Feeling optimistic !!

[Babubd]

Pennies coming! Tik Tok Tik Tok!! $SYSX is a load and hold, no brainer..jmho.

[Babubd]

Crypto stocks are going North! SYSX will go ballistic any day now..JMHO.

[dozendogs]

that's a bearish outlook. poor bird! however, try as you might, i don't think it's possible to dump this ticker to low trips.

[rudyboy]

Why you bringing old shit above.

[StockLogistics]

Key quote from company filing:

“On December 14, 2021, the Company became aware that a Confession of Judgment (the “Confession of Judgment”) had been entered against the Company in the Superior Court of the State of California, County of Santa Clara by Tech Data on September 24, 2021”

The investment PR announced on September 27, 2021 indicated relationships with a director working on “6 underground” and a name and timeframes correlation to “The hunt for Red October”, and the investment PR was 3 days after Tech Data filed the confession of Judgement against the company, although the company claims that the company only became aware of the judgement filing on December 14th. Was the downturn coded into these supposed investments indicating that the company did know about the judgement filing prior to September 27, 2021? Why is there no investigation announced into this matter on behalf of shareholders in that timeframe.

[StockLogistics]

A supposed major Sysx investor whose nonexistent-NFT collaborations with SYSX are one of the more bizarre parts of this company’s recent story, Michael Bay, has been charged by police in Italy for a bird killing incident on set of his Netflix series “6 underground”.

Sysx, in the same timeframe as the NFT announcement, also claimed a company investment in “The Hunt” in late September 2021, drawing correlations to “The hunt for Red October”, a film about a Russian nuclear submarine, and it became a very Red October for the shareprice. By comparison, “6 Underground” and “The Hunt for Red October” indicate something going down or under, and each of these investments occurred directly before a significant drop in the SYSX share price, followed later by a subsequent admission of the company seemingly overlooking key financial obligations:

https://www.tmz.com/2023/01/12/director-michael-bay-charged-killing-pigeon-set-italy-denies/

“Sysorex Enters Non-Fungible Tokens (NFTs) Augmented Reality Market with Investment in The Hunt – Launching NFTs with New Advisory Board Member Michael Bay
September 27, 2021 09:30 ET
| Source: Sysorex, Inc.”

The stock opened at 1.40 on 9/27/21 and closed October at .26

“Sysorex, Inc., a Nevada corporation (the “Company”), entered into a Promissory Judgment Note dated as of August 15, 2018 (the “Note”), with Tech Data Corporation (“Tech Data”), pursuant to which the Company promised to pay the principal sum of $6,849,423.42 to Tech Data. The Note provides that interest shall accrue on the balance of the Note at the rate of 18% per annum. Due to miscommunication with Tech Data, the Company inadvertently failed to pay, when due, some of the installment payments in the aggregate principal amount of $3,341,801.80, as set forth in the Note and has defaulted under the Note.

On December 14, 2021, the Company became aware that a Confession of Judgment (the “Confession of Judgment”) had been entered against the Company in the Superior Court of the State of California, County of Santa Clara by Tech Data on September 24, 2021. The Confession of Judgement is entered for a total sum of $5,942,559.05, which is comprised of the principal sum of $3,341,801.80 and prejudgment interest in the sum of $2,600,757.25.

Debenture Default

The Company has sold to certain purchasers 12.5% Original Issue Discount Senior Secured Convertible Debentures (collectively, the “Debentures”) pursuant to the terms and conditions of those certain Securities Purchase Agreements entered into by the Company and certain investors. The Debentures provide that any monetary judgment filed against the Company for more than $50,000, and if such judgment remains unvacated for a period of 45 calendar days shall constitute an event of default. As a result, the Confession of Judgment could be deemed to be an event of default under the Debentures although the Company only became aware of the Confession of Judgment on December 14, 2021."
https://www.otcmarkets.com/filing/html?id=15432075&guid=qrfwkFniGBAxOth
”

[Italia77]

$SYSX what a mess, bad entry!
I readed about Ostendo deal
I wait the retracement after the 0050 -> 0,10 trip
I buzzed in at 0,038
now 000
My fault!

[Midwestrader]

The scheduling has nothing to do with Sysorex once filed,they can't slow it down or speed it up. They can't do anything to stop a motion that was voted on and won by a majority of SHAREHOLDERS unless they hold another vote.

Seen any motions for a re-vote on the RS?

[Jaguar1]

Okay Really ! Nothing to do with SYSX, It's "all" in SYSX control and they can stop it at any time.

[RKhan2011]

Ok. Thx bubba

[Midwestrader]

When ever the CEO schedules it with FINRA. And....whenever FINRA gets it on the books for the split.

Could be next week,could be a month. It's all up to FINRA as to the timing and has nothing to do with Sysorex.

[RKhan2011]

Oh so is it “scheduled” now? Wen?

[Midwestrader]

The RS was voted in by a shareholder vote. It can't be cancelled without another shareholder vote. I think they just didn't want to mess with it on 2022 financials so they didn't schedule until 2023.

[RKhan2011]

So no tax loss selling ? HODL (?) is R/S not happening. Cancelled me think

[Teddytropics]

I agree with u.

[Teddytropics]

Good info.

Thanks..

[Jaguar1]

Hey Longs I don't know what is happening behind the closed door at SYSX but IMO they are working on something good and the spike wasn't just coincidence and we should see another one before to long

[TRIPLE_ZERO_SEVEN]

They can't just jump up one day a r/s the stock nor can they put a specific date on such a split without information from FINRA. Lately FINRA has been putting these r/s's on hold for a year or more. just keep watching the FINRA site.