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They need to put some brownies or oatmeal cream pies in there, I would love that. 😛 Now I'm hungry.
The shareholders cookie jar needs to be treated to something BIG….with how they have screwed us over for damn near 2 years now.
He needs the cookie jar to stay full, so he can take more cookies. If Fair won't put out news, Canouse(s) will.
So CONnouse still has his hand in the cookie jar here since he is posting on Twitter.
Actually, it is less than trips, it’s already been here before pre-split.
Damn clownshow, it won’t help the share price!
From Joseph Canouse on X -
$THBD reduced authorized at state....to 5bb from 50bbhttps://t.co/T19dIxOpLv
— joseph canouse (@joecanouse) February 26, 2024
They must be trippin' (cause we in the trips now).
Its a big piggy bank for Fair / Canouse. (Honestly) I would do the same. Why care about investors when you can just dilute / reverse split endlessly? I wish I would have thought of it. I'm amazed it's legal.
Why is the POS even trading????
I was curious about that too. I just noticed it yesterday. They are either up to something good, or they just don't care and stopped paying the service provider. My guess is the latter, since it has been over a year since they put out news, and stopped Tweeting (X-ing?) a long time ago.
Anyone know why their website has been down for week now?
OS updated to 111,989,230 2/27/2024
Was 103,989,230 2/26/2024
Tanking back to no bid just as I said....total disaster and should be illegal!!! What a disaster!!!!
An award for worst communication also, i.e.- none.
Shit show of the century! Also first place with the biggest scam on the OTC.
Will cost you more in commission to sell this POS than what the POS is actually worth.
I think we should add 6 mil to the 4 mil from this morning for dilution.
Get up to 114 million OS whenever the transfer agent wants to update.
They sure are anxious to get the updates out there. They want everyone to know.
I mean- "interesting" in the way a train-wreck is interesting.
It's interesting how they seem hesitant to burn through all the $0.001's They always leave some there. Maybe they are not desperate enough (yet) to go lower.
They will update once they have moved their share quota for the day / week. Otherwise they just report the same number as the last update.
I am aware of that . It was a typo. OS is unchanged since Friday.
Dilution doesn't change the AS (only the OS would change), but yes, the OS is the same, until the TA decides to update it. They usually wait until they have moved a predetermined number of shares. Otherwise they just give OTC the same number as the last update.
AS is the same as Friday.
$THB TURD is going no where but back no bid for a 2nd time!
So far today, at least another 4 million shares dilution ….however the day is young.
Canouse/Fair needs to be SUED and have a lawyer at their front door! Morons!!!
Probably soon since we just saw the Annual.updated with legal terminology regarding the rights of the different share classes. Posted then that it looked like a lawyer scrubbing.
I think they would have to put out an attorney letter to be current, which would be required for a FINRA filing to change the AS. So, yes - letter - OTC Pink - AS reduction. But who knows how long that will take?
What's next? You looking for a lawyer letter based on the updated filing and OTC Pink again? That seems to be up next in my universe.
One thing is for sure. They have had years to plan this reveal so I expect to see their best effort. This is the promo that Canouse will forever be judged upon.
They should be close to that moment (any intelligent person would be). At this rate we would be at $0.0001 in 6 months, and an OS of 200M. Once they get to $0.0001, then they would only make $480,000 diluting up to the 5B AS (yet to change on the federal level).
At some point, they must realize they need to put out news and updates.
Seems like the target number of shares is here or very near. They have to realize that there is a CPI/Inflation come to Jesus moment coming in the markets and its time to get deals like this done before they all rush to close.
My guess is that insiders have printed themselves 77,250,194 shares since the RS or roughly 3/4 of the OS in addition to shares already held. It seems to me be quite possible that the big trades are holders passing shares around combined with some investors selling into the dilution. I have no idea if this is what is happening but it is certainly as possible as your analysis.
Yes, clearly, considering the volume yesterday and today.
It took the transfer agent a few extra days to post this info:
OS: 103,989,230 as of 2/23/23.
Most of the dilution happened earlier in the week.
OS increased to 103,989,230 2/23/2024
Was 88,064,230 2/22/2024
Run would take a miracle here, cant believe a change was actually made, still no faith or hope in this turd.....
I'll take a good meme / Twitter Kids / speculation run any day. I've made good money off those on other stocks.
One thing is for certain. The X bots will go into hyperdrive with the news of the AS reduction to 5 billion, totally ignoring that it was only a 1:10 reduction vs. the OS being 1:500.
Meanwhile the OS has quadrupled within the last 4 1/2 months.
Lol, there is no good faith here with these assclowns, this is going nowhere but down further most likely….they are draining it dry….
I have one investment where the AS has been changed at the state level for a long time with no action at the Federal. I'm thinking we could see another filing in Florida before we see OTC markets updated. A possibility not a predction.
Hence the term"AGENT" The Transfer Agent as in the company is employed by Third Bench. They most likely employ individual agents. You have been posting that Third Bench does not pay the transfer agent. They do pay the company known as the transfer agent. That company pays employees to do the work.
Its a silly argument. You always pay a business for services rendered and their employees provide the service.
For illustration I have never actually paid Ronald McDonald for a cheeseburger. I seem to always have to pay an employee who is an agent for McDonalds.
Maybe. Who knows with them. They can increase it any time with just two filings (not sure how much that costs), so if they were smart they would just reduce the AS to 250M now as a show of good faith, and increase later if needed.
The agents move shares as they are told and update as they wish (within a reasonable time, which for most companies is one week) They don't work for Third Bench, they work for the money the transfer agent company pays them.
Or possibly they will revise it again before they disclose. They changed the name twice and did a lot of other things twice in rapid succession so why not reduce the AS twice?
The agents are bound by the duty of agency based on their employment.
They should. They moved a bunch of shares today, so my guess is they will update the OS and AS at the same time, but I think they need to do an SEC filing to change the AS (not sure) since it is a corporate structure change. The link you gave was for Florida, which would be required also, but SEC / FINRA (OTC) need their own filing of AS change to make it legal on the Federal level.
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