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$TBHD= SIMMERING TURD SOUP even under new management!!!
OTCN still on top and not backing off. More shares to follow it seems.
This is too funny. Na na is the old Blue Sky! Can it change? Sure! Will it change? Not likely as long as Canouse keeps offering up carrots and speculators swallow them whole.
Wow, what a ROYAL PIECE OF SHIT this stock is!!!! Yield sign, dilution nonstop, no pps increase, criminal activity day after day!!
Can you ask Bianco when he plans to put out a PR?
I don't. Jeff runs things.
You guys seem to think Bianco has some kind of pull over Canouse? I heard the same sort of talk when Fair came in and look how that turned out. Fair even had a real company doing $18 mil annual sales. Bianco has nothing. His other company, RENI, has nothing (though he has promised a new drone company), and no sales have materialized.
Why on earth would Bianco buy out Canouse's notes to buy an empty shell? Bianco already had his own empty shell in RENI.
The only thing going on here is a SHELL game to make speculators think something great is going to happen.
Now up to 2,239 billion shares.
RS bad. I got screwed on the last one, and will be lucky to get my money back EVER. Another RS would put me $70K in the hole. RS bad. It is not the solution for any company. Not getting into toxic debt in the first place is the best way, but if the new guy can find a way to buy out the debt-holders that is the best way.
But this new guy has not shown (in his other companies) that he has the ability to do that, and has not shown the ability to NOT dilute. But, because we are at the end of the year, and because the white-house will be changing hands (which always produces a good spike in the Jan-Feb time), I hope he can put out a PR or two that will draw in new investors and run the share price up so I can have a chance at breaking even by selling to them.
I am not sure whom owns the warrants by looking at the last filing.
But which entities/individuals own the warrants?
My point is that they may be able to get more people if they do another r/s, but unlikely able to get investors after another R/S after that.
They would also likely make more money if they trim the number of shares down substantially, as if they tried to get a lb of flesh from every last share they currently own it would be a ghost town. There's no money in ghosts.
No, its pretty good. Let us see how he responds. But he would have to say to all the debt-holders - Hey guys, can you guys agree to not get paid for awhile? I doubt they would go for that. Maybe he can find some way to buy them out, but I would be surprised if that happens, especially for a company that appears to have no discernible income or future prospects. Maybe he has some new ideas to make money? I don't know.
But is my proposal terrible?
Late filing notice out today
https://www.otcmarkets.com/otcapi/company/financial-report/418679/content
Ah, I see. That would be great. The problem with that is the debt-holders are allowed to convert an amount of shares per quarter that fulfills the debt obligations, and in the last filing there are a lot of open-ended debts (some of them act as co-owners of the company and expect to be paid). They don't care how many shares it takes to do that, and therefore do not care what the share price is, since the company can simply increase the AS with a simple filing, and can RS as needed with another filing, and continue diluting from there.
Per the last filing, if just the Preferred shares were converted to common stock (although there would be no reason for a series A holder to convert) the OS would be 5,670,596,606 shares.
Promissory and convertible notes are a huge expense, and the company has to pay them somehow.
Warrants are another problem. They have guarantied dollar value, and again, the company has to pay them somehow.
Let us know how he responds to your suggestions please.
It's my proposal. My logic is that it makes more profit for the insiders to eliminate their holdings and sell each remaining share for a nickle, dime, quarter than to dilute at 0.0001, and hope pray to god they can convince people to buy in after 2 additional reverse splits.
Also, if the new guy is trying to right the ship up they can generate more money to buy a business or something.
I mean would an insider rather have 30k or would you rather have 300k or 3 million?
Sweet. He should put out a PR about it so everyone knows.
OS increased to 2,239,530,778 12/03/2024
Restricted 359,757,921 12/03/2024
Unrestricted 1,879,772,857 12/03/2024
Was-
OS 2,059,530,778 12/02/2024
Restricted 359,757,921 12/02/2024
Unrestricted 1,699,772,857 12/02/2024
Yep, pour shares down the toilet so the debt-holders get whats promised to them.
Wow what an ongoing SHITFEST!!!!!!
OS increased to 2,059,530,778 12/02/2024
Restricted 359,757,921 12/02/2024
Unrestricted 1,699,772,857 12/02/2024
Was-
OS 1,944,855,492 11/27/2024
Restricted 359,757,921 11/27/2024
Unrestricted 1,585,097,571 11/27/2024
Agreed!! They need to PUMP this POS with a few tweets and PR's!!
Na na...if you took the time to read back messages on this board, you will see that Canouse controls the string here. He found Fair (or Fair found him) thru a convicted penny stock lawyer who couldn't own his own shares (so he put them in his girlfriend's name) .
The Class A shares only are transfer of control mechanism. When Canouse owned New Energy (NECA) he owned the Class A. Then when Fair appeared in the scene, he was transferred the same 51 shares of Class A. When Fair threw in the towel , the shares transferred to the new guy.
Bri123 is correct in that the Class B, C, and D Preferred shares allow conversion into common shares, declaration of dividends , and control of voting rights. New guy owns none of that. That is a Canouse mechanism which allows them to dictate all the terms of outstanding share count.
The common thread here is that Canouse tries to find a figurehead with an existing business and they loosely fit into their shell, pump the hell out it with dozens of PR's or tweets, which allows them
dilute even more stock and then when the figurehead cannot take it anymore, they cut business loose, call it a discontinued operation, transfer the A shares to someone else and repeat the process over and over again.
All Canouse has to do is keep the shell current with filings which costs him about $300k annually but that gets added back into liabilities that will eventually get converted into common shares.
See the cycle here? But folks will continue to trade it with the hopes of new investors not knowing how these penny stocks trade.
STOP the dilution for a week and give a PR!! Get this TURD out of trips for a week or so anyways!! Lots of .0002's to chew thru yet again!
EVERY Owner has screwed this company, at least Canouse gave us a good run, Fair didnt do SHIT but diluted and take it to no bid along with a idiotic RS!
It depends on the conditions set forth in the filings for the B, C and D class shares. Some of them have the right to convert (on a timed or dollar amount basis) to collect debt.
Wouldn't the Class A shares allow negotiation power for the New guy to say "Hey, you won't be allowed to convert for a window of time?"
Well, yes, but it was being screwed by its original owner - Jeff Canouse et al. and all the toxic debt the company still has.
Wasn't it David Fair who screwed the company over with the lawsuits such as the retaliation suit?
Just two of them, in the filings and listed as insiders.
I think there are 4 Canouse brothers, James, Jeff, Joe another. First names all start with J
"You said Canouse is not the one off loading. There are two Canouse, Jeffery & James. Which of the two were you referring two?"
"I have lock up w them"
Probably from people that bought 1's looking to make a quick buck. Not me though, it has to go way up before I can sell.
.0002’s loaded down with millions!!! Phucc!!!!
If James Canouse is willing to dilute the hell out of his own shell that he inserted his family business into (DNAX), what do you think he would do to a shell that does not have a real business (Title King doesn't count because it's not a real business)?
It should show everyone that these guys insert businesses into these shells in order to give the perception it's a real company but then when everything fails, they can simply transfer the Preferred Class A stock to a new entity and try to run the same scheme again. Every old business within the shell reverts to it's owner who get a slug of shares to compensate them for their accrued compensation and expenses. Usually worth next to nothing when the shares become unrestricted because of a subsequent reverse split.
But penny stock investors are gullible and are sure that history won't repeat itself.
Blue Sky is who it was I was trying to remember! lol!! He pumped, lost his ass and vanished!!! Bri and myself have been here the longest in this shitfest along with yourself, they should be compensating us all dearly for the criminal tactics they have done here over the years!!! I bought a few more as well at .0002 after the big day of volume, hoping this POS could at least get to .0004 or out of trips for a bit to give me something back! We know this is a shithole but could be a lotto with a new CEO yet he is continuing the dumpathon as well like clockwork!!!!
Not sure I get your logic here. Perhaps you think that a new entity will enable Canouse to unload more down the road on unsuspecting newbies. Is there not any better companies in the stock market to invest $2200 in?
Na na reminds me of Blue Sky from last year who was so sure he was right because he was "talking" to Canouse. Yet he disappeared.
You know what I say when MM 's let you bid buy? Guess you can try and double your money.....
Good luck.
Agree! And gosh I hope!!!!
Total Shi*show. no matter whom runs it. Maybe we get a year-end-run good enough to get my money back (that's my Christmas wish).
Would love to see .01 here as you and I are in the same boat and been here the longest thru all this canouse mess!!!
Hope this POS moves up!!!
I would need to be over $0.01 to thank him. It is extremely rare, but I have seen an OTC with over 4B OS hit $0.013, so it is possible. Look back at what happened on December 28th 2020 and February 8th and 15th 2021 for almost every OTC stock- pick one and look at the price graph.
Say it shoots up , how much would it need to go up for you to willing to send a "thank you" card in the snail mail to the CEO for saving your butt from Canahouse?