8 Could Be A Interesting Number!!! Lets See if it pays off......
Yes, debt. That will be the killer for the ticker. Kissed off ONLY if ticker goes defunct. If all else fails, debt and SHs get jetsoned. Common practice among Pinkies.
Fraud ticker imo, only hope would be getting rid of management and debt.
Don't matter if it's a fail business, where was the communication? Even that one true shareholder deserves an answer, imo.
I am sticking with the thought that the ticker still has value and they are intent to keeping it. Moving forward is likely. Only requires management to initiate next steps required to be market eligible again. I can't imagine them not doing it.
Right now I think operational funds are non-existent until they get their act together on what their next plan of action is ... still in the running for not being an entire loss.
Most recent filing status that matters, which is them being SEC delinquent. They have not opened up the process with OTCM which would be alternate reporting so still stuck as SEC delinquent.
So why does it still have the Delinquent SEC Tag instead of dark and defunct as it’s been pass 90 days since the FORM 15 was filed.
filed: May 10th
??? Youre getting form 10 confused with form 15. Form 15 has one intention that SEC cannot say yes or no to, this is solely @ TGHIs discretion.
They no longer can file anything with the SEC until they register again. Anything will be voluntarily and have no meaning. No reason to file another Form 15 because the original form 15 did was it was meant to, which was terminate any filing requirements with the SEC. Only other option would be filing with OTCM, which is what will eventually happen next.
Well the 90 days has passed so they likely need to re submit a new one
Form 15 is for terminating registration with SEC. Cannot do any amendments on it besides withdrawing it. It goes into effect 90 days after filing which would stop any filing needs with SEC but they still would need to start up with OTCM to regain compliance. This could happen next week, next year or never.
Looks like it needs an amendment
Yeah. Not worth writing off the loss for taxes. It still has a tie-in with GTCH and I do expect something there along the same timeline you gave for TGHI. Worth? Maybe. It may have a surprise in store a year from now.
Yep. No returning from there. Just ANOTHER loss to write off.
Abysmal... Either way I'm just going to sit on it, not much more to do.
For me, it was a matter of recall - NOT doing research as you did. Still an opinion, not to be confused with fact. My error I assume, not willing to check it out. Can't imagine that the ask remained stable over 3 months! I do recall some buys! Did seem to recall that there was nearly a B 1s available at some point!!!
That‘s not true. The Ask size has not been reduced, and it‘s been over 3 months since the Ask was at 2. I have records of every day.
Hey werbe, plenty of time yet. This week thus far, seems to be growing interest. Even the amount of ask has drastically been reduced. The fact that even 2s showing up on L2 tends to give me some hope.
Grace period now for TGHI, so middle the month Expert Market.
I wouldn’t mind if they had a future. I‘m not happy about my position. I paid 2, rode it to 4, and then all they way down to 1. I‘ve been trying to retrieve my entry price for months now. Two orders were already cancelled after 90 days, and I‘m not optimistic for round three. However, if they announce something big, I should probably go for more than TZ2. Good luck to us all!
I think it is still possible that GTCH provided a lifeline in having the arrangement. TGHI could be arranging an acquisition/RM with another that fits well in utilizing GTCH patents...via royalties or even the potential, depending on what TGHI manages to put together, being acquired by GTCH.
Of course, pure speculation. I just don't feel that TGHI is down and out YET.
The OTC is not an exchange. Nothing about this looks good. The Ask size might not seem high, but only if people haven’t been watching. We used to trade at the tipping point to 2, and now, we’ve been at no bid for 3 months, with the Ask size rising fast, in two steps. They‘ve also issued no press release since last October. Just another day on the OTC. This is most unfortunate.
They already have otciq and I don't think taking the coward way is smart. They should file ASAP since they are being quoted on a public exchange. Even better, they sold securities to people with the idea they would uphold fiduciary duty and obviously, they have not.
No. But doing it this way is smart because it gives them as much time as is needed to apply for OTCIQ and catch up on filings. Obviously the SEC has been in contact. Gets the SEC off their ass.
You think they deregistered from sec to just let it go to expert market anyway? Both alternate and sec filing lead to expert market if they go dark so why do form 15?
Yes. They are loading .0001 now because they won't be available for purchase on Expert Market upon Form 15 effectiveness.
Keep in mind that TGHI has a link/arrangement with GTCH. GTCH has a whole world of potential with the potential to announce a great deal at any moment. TGHI's right to utilize some of what GTCH has to offer can't be a bad thing.
Yes! For no other reason than to see that some trader still is buying a big chunk of shares at .0001 without any public news to support it. As you, I think that we have not heard the last from TGHI.
yeah, no idea what's going on here, but for now, the current ask (250 million shares) is only $25,000.
I don’t agree. That‘s no more than 1,500 bucks. There‘s nothing to interpret into that. 5 million shares changed hands at QZ1. The stock has seen no 2s in months, and there‘s not only no bid, the Ask size recently went up sharply. Also, no announcement since last year, and the Pink Current Status has been lost.
Thanks sax/werbe. The problem with using published 'definition' is that it doesn't provide any description/example of how the definition is actually implemented or how trade rules accommodate it.
They had a piggyback clearance. SEC reporting is not required on the Pinks, and pretty much the exception to the rule. They can switch to standard OTC disclosure. They might have figured, they could save worthwhile resources by simplifying their reports. It could even be the reason they haven’t posted yet.
SEC reporting is unquestionably more expensive, especially audited reporting. Even regular exchange traded companies don’t always need audited financials, at least not quarterly, just annually, at least smaller companies. The audits can consume enormous resources. Now that they seemed to have switched standards, I‘d say, it‘s about time to finally drop that report. Their recent conduct hasn’t exactly been reassuring.
I don’t see this change impacting their tradability. The bigger problem is that there’s no bid. It‘s important to restore some investor confidence.
So many complications and alternatives are why I will never be a know it all....good thing I am never too old to learn (remembering what I learned is my problem)....understanding, well, is an issue all on its own.
It means TGHI will not file by SEC standards anymore. They will file as alternate reporting through otcm. Happens often and they had been dual reporting just last year.
What exactly does that submission mean to you? New form to me. Had to google it. You know of any cases where it was used and THEN traded when they started submitting SEC filings again? Just a longer delay tactic without SEC ramifications?
The filing said nothing of the sort. I don’t see any effect on us.
So.... common shares can no longer be traded. No hint of it coming. Also, no hint on what it means for current SHs.
Normally, I would think 'lights off, doors locked'. May not be the case here though. Although, some company acknowledgment of 'side bar' plans would be appropriate.
Without, 'lights off, doors locked' would be the scenario we all should expect. "Bullish" seems far too optimistic.
Can not disagree sax