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The name and CIK change were on 12/17.
I figure that it is withdrawn because a foreign entity now controls the new company TNSB Group Inc.
Foreign entities don’t need to incorporate in US states.
Very good counterpoints. Definitely worth a second look.
Here is a direct link. Thank you for that.
https://www.sosnc.gov/online_services/search/Business_Registration_Results
It does say status withdrawn.
When did this ticker change? Too much talking here, burying information.
They are actually incorporated in North Carolina. Look at my previous post.
I understand your concerns, and that is why I reviewed the North Carolina SOS a few days ago.
While it doesn’t state what the OS is, it confirms that it is not above 11m, with current information.
The AS is 11,000,000. Within the AS is 10,000,000 of common shares and 1,000,000 of preferred.
This is all located on the NC SOS website, and is current information.
Here is a link I posted a few days ago:
$TNSB share structure confirmation. 10m common, 1m preferred pic.twitter.com/tgrVZsy4IR
— holdingprofits (@holdingprofits) December 20, 2018
I searched filings and saw no AS increase. OS increase already is possible, but 10m max isn't bad by no means with it showing at 5m OS. They would have to do a NVSOS filing for an AS increase. There is none. I also called to confirm a delist, nothing on the table for it. Hopefully more will come to light this week to see what is actually going on.
That’s a good case mr holding. It’s an interesting company on a skim. Good links.
But the problem is your metrics. I don’t believe that os. 2008 is a
Long time ago. Based on volume I feel the float alone is higher than
The last reported os. The transfer agent could update that info but
Hasn’t. The market cap is a misleading valuation. It could be
10 times more which is still good on surface. Or easily 100 times more
Which would be not enough information even for a skimming of metrics.
The authorized shares are also too far outdated and never means anything to me regardless. That can change with a simple
Filing and no resistance. It’s just a formality.
I would need more information. I need an update from a
Transfer agent. A credible source before making any bets
Or conclusions.
Unique opportunity to get a dividend distribution, plus the ability to own shares of a potential merger. Market Cap is $257,000 at 5 cents!
Nothing wrong with Free Money, and shares.
From my conversations with E*TRADE yesterday, I would have to agree. They said that if the ticker was delisting, it would have shown up in their system.
So after this dividend payout, TNSB will still be trading.
Since the record date is before the ex date, it looks like the 24th will be the last day to buy shares to receive the dividend.
My theory on what's going on here. I may be way off base here, any input would be great for or against. What we could be seeing here is the payout for the ticker/company being sold and payout from the transaction to old share holders. Why spend the money for the changes only to delist? Will they RS and add more shares to wipe out anyone holding? Who knows. Seems to be the popular thing to do right now in RMs. But right now why sell Monday if you basically own free shares now from buying at .0365 and under? I loaded a decent amount at .0366 out a couple bucks worse case.
Lol. I don’t need luck. You will however
Very true. Why spend the money for a name change if they are going to delist? Loaded about 80k more today at the payout price. Worse cash I get my money back. Honestly don't think the story here is over.
LMAO...good luck with that. Next thing you know people will start saying this is a dividend. Good luck to all.
It was only $15 at .05 no?
wondering who's buying 0.05 today? give away money for Christmas ? lol
TNSB Group was registered by a foreign entity.
If this had nothing to do with Scott of New Zealand, they would have left it registered in North Carolina SOS.
it's the ticker that was associated with Transbotics...and the letters are an abbreviation for Transbotics
Yes, but the name change still resembles Transbotics. I can see Scott merging their US entities into this. They all have different names.
IMHO, Scott's is not a RM option as there have been no filings to so indicate. Nor did they change the name to Scott's but rather an obscure Holding company that was the ticker. Nor did they change the ticker to anything resembling Scott's. If Scott's was going to RM in, they wouldn't have paid TNSB for Transbotics but rather bot the controlling block from the shareholder and then RM the rest of their entities in.
IMHO.
Agreed. To possibly move Scott’s US assets into. Ah, no wonder the name change.
When the name change happened, they withdrew from NC SOS and listed as a foreign entity.
The ticker is not going anywhere.
and then a clean shell with a low o\s...not bad...
Surprised the .0365 bid hasn't filled for anyone that doesn't want to wait
We have a guaranteed $.0365 cash dividend for anyone that gets in today. Last call!
$TNSB: VERT is still on the Scene.... watch this TakeOFF
Its a Sure sign.
Even at $0.50.... MarketCap is only $2.5Million
$2.5Million MCap for a $25Million/yr rev generator is EXTREMELY undervalued.
you shall see soon enough.
GO $TNSB
Vert did move for now
$TNSB: Super thin on the sell side
Ask is crazy thin up to $0.31
Not long ago we were seeing as high as $5
This will be a nice runner.
Just extremely misunderstood right now but thats only for those
that are selling out cheap and don't understand the inherent value.
5Million OS
$25Million Revenue
ZERO DEBT
Thats all you need to know
go $TNSB
$TNSB: VERT top bidding on L2... buckle-up
Thats always a bullish signal.... more like an accumulation signal.
Have a GREAT DAY !
Currently at $0.0038
GO $TNSB
Yea doesn’t matter at that point, chances are shares may just get cancelled along with the final distribution.
Who cares what it goes down to TT, payout is 0365.
Watch what happens when they turn on the tap. Should see This head for a 1c
$TNSB: More filings to come... got some more $0.03s
You can never time these things properly sometimes but clearly
the Enterprise Value of $TNSB is much higher than what the
share price is telling you today.
Market will bring it into focus as soon as these details are disclosed.
More upside in $TNSB to come.... should be at $0.50/sh
GO $TNSB
Yes. This didn’t go quite as expected.
Selling for anything over .0365 is a win here. Many bagholders.
Shocked that the final distribution was just over 10% of the previous one. I thought we'd see .15 here at a minimum.
No, on 8-14 .3 was paid, and now .0365. And as you can read, it's a final distribution.
The daily list clearly says "liquidation".
TNSB 0.0365 per share final distribution; that's it; sorry for those bought at 0.04+
link says final distribution
No, Scott paid $2.2 million upfront with another $1 due on sales performance. It’s in there annual report. This payout is only the first.
You win some you lose some
I didn't think this was a RM play, but I expected a higher payment. Over all Scott paid around 1.65 million.
Thanks...going to start playing these reinstatement/name changes as quick flips. Most are not panning out long term.
TNSB business location is 60 miles from my town,love the SS but not running up today,very bearish
http://www.stockta.com/cgi-bin/analysis.pl?symb=TNSB&cobrand=&mode=stock
Huge sell off coming. You were warned
Damn...turn out the lights here. A nice tax write off for me. My .05's are toast.
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