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I’m guess but Rhonda picked this shell because it’s current SEC reporting with Audited financials… Premium will get top dollar perhaps move fast…
“I get it now. She is trying to clean it up for a company coming in.”
I get it now. She is trying to clean it up for a company coming in.
It seems I usually see the company come in first and then do the RS. Perhaps the new company (Forget the name) told her to do it for them or perhaps that was part of their original deal? Who knows.
We know the company's name but it hasn't resulted in finding anything unless it is that apparel thing in China which I doubt.
I just think with the RS announced not done but in the shadows will keep investors back unless we find out this known named business in simply kick ass...
without any value other than shell the sp most likely will slowly drop as time goes on waiting…
When a private company takes on a shell odds high they will do a RS such as hraa did, common if rs wasn’t done before to reduce/eliminate note holders and achieve a excellent SS.
When Moody cleans up a shell he merges the shell into another shell so debt holders can’t follow along… something like that…
Most private company’s want to RM into clean shell with a great SS imo
“So what gives? A reverse split. How does that reduce your ownership or make you go away if you are a Hunsacker? “
Great response, thank you! Well written and clear.
Now, to the risk, this Bradley Hunsacker would go under if it wasn't for Rhonda. But but but, I have seen two shells in the last 3 months in which all of sudden, at the last minute, these "Hunsacker's of the world" (people that had a lot of shares and would be and should be worthless without the custodian reviving the shell like Rhonda) show up to the courts to claim worth.
They do it because they want to hold the shares and not be cancelled as they see a valuable company coming in. Honestly, I would find it hard for me not to be a leach if I was an old former executive bag holder. Although ethically, that is simply not right.
So what gives? A reverse split. How does that reduce your ownership or make you go away if you are a Hunsacker?
What am I missing?
THanks
It's a shell... Custodian (Rhonda) cleans up the shell so a good revenue generating private company will want to buy it to go public. Good clean shells sell for $500K or more.
If want play the shell game, need understand that the current/new retail are taking on risks to be on the bottom floor of a new start up.
Weigh the odds of the RS - if favorable not to RS then buy small position hope no RS, but if RS, buy again after and wait and wait and wait and wait... could be year or more before anyone buys the shell then have the problem will Rhoda keep the filings current prevent going to the grey market...
Risk vs reward is massive with these shells... one-hundred bags not out of the question...
Bradley Hunsacker has so many shares possible could hold this up, doubt it because without Rhonda likely go under anyway... lots of unknowns
no worries and thank you. know one here has the right answer as simply know one has 100% of the facts.
50mm shares is a lot but doing a reverse split or even a stock split has no economic impact on a 50mm shareholder. with that said, the negative implications of rs come in and reduce value as shareholders gets scared and sell.
this is the new otc. old otc rs were done to sell more shares at a higher price and drive it down until dilution has had its full effect. today, as we saw with HRAAD, some reverse splits are good indeed (although HRAAD still has a way to get back to it pre split value, but investors are recognizing it isn't a share selling scheme so they came running back).
no worries and thank you. know one here has the right answer as simply know one has 100% of the facts.
50mm shares is a lot but doing a reverse split or even a stock split has no economic impact on a 50mm shareholder. with that said, the negative implications of rs come in and reduce value as shareholders gets scared and sell.
this is the new otc. old otc rs were done to sell more shares at a higher price and drive it down until dilution has had its full effect. today, as we saw with HRAAD, some reverse splits are good indeed (although HRAAD still has a way to get back to it pre split value, but investors are recognizing it isn't a share selling scheme so they came running back).
Rhonda is cleaning up this shell - One very important tool is the Reverse Split - reduces the holdings of note holders and such...
What good is it for the Custodian clean up this shell while the holder of 50mm shares gets all the reward? Just my opinion, I could be wrong and I'm wrong often..
thanks. why so? Is the thought the guy will just want out after a step drop? I think there will be a rs but not sure what it does by targeting a large amount of shares held by one person like that does. Please explain as I my brain issn't getting it. Economically an investor is indifferent between a stock split or a revers split. it is only the positive and negative connotations that come along with them respectively. thanks
$NLAN hit my scanner and just getting around checking it out...
IDK -Bradley Hunsacker.
With that many shares good assumption RS will be done... imo
Thank you. Who is this Bradley Hunsacker. Will he create a merging problem like GS and that clown Frank had as they both had people step in and contest. Or are the shares already transferred to the new shell owner? Thanks
Thank you. Who is this Bradley Hunsacker. Will he create a merging problem like GS and that clown Frank had as they both had people step in and contest. Or are the shares already transferred to the new shell owner? Thanks
I read an opinion somewhere the RS likely being done reduce the holdings of the 50mm shares... Make sense if true...
10Q
Timing 101. First of all, thank you! Second of all, great color. It looks like on the sunbiz. The way I read it and please tell me if I am wrong as probably am, that the reverse split was simply added to the articles of incorporation. Therefore, it doesn't necessarily mean they will do it. Is that correct?
But as OTC traders we often assume they will correct? Because they often do because it is a good assumption to make?
I personally hope it isn't that retail company you showed as an option from Linkedin but like you said, who knows.
Sorry if my questions are rhetorical in nature but wanted to confirm.
Thanks for your help and I hope you and your family are having a safe and healthy weekend.
Rhonda would not , to your point. Hence the name change at Florida SOS as stated before indicates that the Company will have the new name , TAIHE GROUP INC.
So next will be the action step of TAIHE Group Inc
NOTE Yet TBD what or which it is
https://www.linkedin.com/company/taihe-group/
or
en.sctaihe.cn/AboutUs/
or
??? Yet to TBD
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In any case normal for the individual holding the Shell, whether it is Rhonda K , Lazar , Joe P , and on and on ... for them to file at the applicable State SOS like this.
--
Now we look for the disclosure from the new Company , change of Control type disclosures.
--
Easy to do the DD , just search on the Florida SOS
https://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2022%5C0325%5C83499473.Tif&documentNumber=P94000088085
So to be clear, this is still just a shell? If so, why would Rhonda do a RS without a company lined up? Thanks
Wrong info ... someone did not do the Proper DD before posting there opinion
--
The Florida SOS is NOT a 1-30,000 R/S
LOL
--
It is actually a 1 - 30 (Thirty) R/S, someone read the PERIOD of 30.000 as a COMMA 30,000 come to find out ... OMG , LOL
-
That makes sense when you put the Math to it
--
Read and Weap if you sold at a loss. Last page, plus on Page 3 it had to be redone anyway , read the disclosures folks and do your DD
--
http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2022%5C0325%5C83499473.Tif&documentNumber=P94000088085
How is that just coming out today? Thanks
Rhonda is well known in the OTC Cutodianship Land and also holds a Masters and Law Degree.
--
Some have worked out , some people question.
--
If you look at the filing on Page 3 , it was declined and sent back it appears but states that on March 21, 2022 in a letter. The amendment is strange and the signed date is off. something is strange, I know on social media folks are reaching out for her
--
Here she is
https://www.linkedin.com/in/rhonda-keaveney-663771116/
--
If you do the Math on that language to the Share Structure and current price, it sure does not add up .
--
Also the filing in Florida SOS was for a name change , which says someone bought the Shell, hence they will do their own thing. Rhonda got the custodianship through the courts in Oct 2021. She has been on various shells and this one was looking for a merger or acquisition. The NEW NAME just did not come out of thin air , time will tell.
---
https://www.otcmarkets.com/filing/html?id=15663085&guid=PjFwkWFh5zd-B3h
My guess is the R/S doesn’t go through until the name change is completed with FINRA, double whammy.
NLAB filing: " ARTICLE IV, Effective at the close of business on March 10, 2022, the Corporation is hereby authorized to effect a 1 for 30,000 reverse stock split its Common Stock."
It means that the woman will do the 1 for 30,000 R/S any time now. All the current shares will be shrunk to Zero, almost.
You buy and lose ALL.
When is the rs?
Also, is there a company yet? Sorry for no DD? Thanks
Has Rhonda Keaveney done any other biz before?
Here is Rhonda Keaveney:
http://www.smallcapcompliance.com/about.html
1 woman company. LOL!
NLAB will do 1 for 30,000 R/S, then issue billions of new shares afterwards like always. LOL.
All the current shares will go Zero, almost!
Wrong almost every single dang time. W&L. :)
and I'm right...
Once in a while? You say the same crap on every board. Lol.
LMAO- becuase you knew a reverse split would hit? Weren’t you the same guy who called MTRT crap at .90? I mean how many times are you wrong! It’s hysterical.
TrendTrade2016
Wednesday, March 23, 2022 2:01:53 PM
Re: None
Post#
174
of 245
china trouble ahead
Just doesn’t make any sense. China for you. Just afraid now for my beloved PV*RS.
OTC ain’t for the weak. That’s for sure.
Was a nice setup. Reverse split ruined it unfortunately
Yulp. Rhonda is hit or miss.
Anything is better than Cooley or Sharp.
Rhonda Keaveney has been around custodianships and shells for a long time , some of them have done well, some not so well. Lets see. You can find it pretty easy.
--
the dates do not match on the signature , we will see
--
does not make sense with the share structure like it is so low to do
a R/S like that , time will tell. do the math.
GOOD, HAVE A NICE DAY
More of a coincidence. Most of the time, I don't agree with your posts. But today, you were right.
Your follower # feels like my omen today.
Not a good day in paradise here!
666. It's all your fault! LOL jk.
TrendTrade2016
Wednesday, March 23, 2022 2:01:53 PM
Re: None
Post#
174
of 235
china trouble ahead
Yep! Can't win them all...
China for ya.
See? They pumped and Dumped and Escaped. LOL! Going to 0.0001. Again.
NLAB: 52 week low: $0.0001. LOL! Now, going there.
This means that all the current common shares are going to Zero, almost. LOL!
You buy it and lose all.
1 for 30,000 R/S? NLAB filing: " ARTICLE IV, Effective at the close of business on March 10, 2022, the Corporation is hereby authorized to effect a 1 for 30,000 reverse stock split its Common Stock."
Be careful: NLAB: "The company is in receivership." This means the company is in bankruptcy status and will be closed. So, the stock will be deleted.
https://www.otcmarkets.com/stock/NLAB/profile
GONE FOR THE DAY
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