Touchpoint Group Holdings Inc (TGHI)

[stokmonkey]

Tax-WRITEOFF LOL. SCAMMERS like OTC-chairman CONNED many gullible followers.

I warned about this SCAM way back in 2021 and now not surprisingly this DELINQUENT DOGTURD DILUTION SCAM is at NO BID .. and baggies deserve it LOLOLOLOLOLOLOLOLOLOL

[saxonia40271]

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.

[bucks2pennies]

Any doubt of TGHI being able to sell shares is out the window! 20M shares just traded hands. In the know of things to come?

[bucks2pennies]

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.

[saxonia40271]

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.

[bucks2pennies]

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.

[Werbe]

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.

[bucks2pennies]

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?

[saxonia40271]

The filing said nothing of the sort. I don’t see any effect on us.

[bucks2pennies]

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.

[saxonia40271]

Yeah, looks like the theme for this week. MSPC filed that form yesterday.

[$b_rich$]

15-12g filed today:

https://www.otcmarkets.com/filing/html?id=16639127&guid=-du-kKSxFGPeJth

[saxonia40271]

10 of the company‘s last 100 filings were NTs. That looks bad enough, but it’s never taken this long before.

[bucks2pennies]

Can not disagree sax

[saxonia40271]

No. Many EM companies went dark after filing an NT. It‘s often the last thing they do. The NT didn’t accomplish anything. Since they violated the deadline, they‘ve already been downgraded to Pink Limited. They’ve also issued no PR in just over half a year. The Ask size continues to increase. They need to put out something of real substance, or it’s over.

[bucks2pennies]

Shouldn't we also infer that by notifying SEC of the need to delay the issue of a required report that TGHI intends to file? Why bother otherwise.

[Werbe]

Money owed here will be the savior. Plenty of time, file and go current and roll in something real.

I cannot believe how stupid some management is, public funding forever if done right. Slowly build capital and build an empire. Tortoise vs the hare.

[bucks2pennies]

Not really Werbe. At my age, I REALLY cannot be sure. I actually do have doubt. When in doubt, best to run.

[Werbe]

I better thumb up my own post also, since thats whats happening in this room.

[Werbe]

Man you missed it, I had an opinion that I read the new Harry Potter book that no one else has seen. I swear I did and I dont like you saying I did not, its NOT FAIR!!!

[bucks2pennies]

OK. You win. I did not see it. I hope I can sleep tonight.

[Werbe]

OTCM has no control over EDGAR filings.

EDGAR is ran through so many alert services, the instant it would be posted you would see the usual 5 or 10 pinging about filings hitting. I havent found a single instance.

Going though EDGAR for amending or deleting, I read, is not an easy task.

[bucks2pennies]

Your trust may actually have to be adjusted in regard to what the OTC provides as TGHI's public notification - not an individual reporting what was seen...and then not. Unfortunately, I did not make it up.

What incentive do I have in doing so? Nonsensical. Besides werbe, why would you trust an opinion provided by another poster. Opinions should not be trustworthy. They DO provide another individual's perspective on a subject matter. Acceptance is YOUR responsibility.

Besides, I do not believe it was two days, more than likely removed the same day I saw it.

Then again, I could be imagining it. Better to not trust ANY old farts.

[Werbe]

An audited 10k was filed and removed in 2 days without any signs of existing?? I don't trust any of you Pokémon characters on here anymore.

[bucks2pennies]

yes, it was dated as received on 04/27/23. I am certain it was done in error and pulled very quickly. Nothing to even think about. What we see now IS THE CASE.

[saxonia40271]

Are you certain that you didn’t see exactly last year‘s report? There’s a glitch on the OTC page. For a moment, the 2022 report was in position one.

[bucks2pennies]

Ha Ha, jokes on me. Red face. I actually did see the 'new' 10k posted. Read it. Now GONE. Sounded/looked too much like a cut and paste from 2022. Nothing new at all other than to refer to a couple of events in 1st gtr 23.

It must have been recended/pulled VERY QUICKLY!!

You are correct.

[saxonia40271]

No, they didn’t. They posted an NT, but the extension has long expired. That’s why they were downgraded to Pink Limited.

[bucks2pennies]

did file sax.

[saxonia40271]

Great. Now, the Ask size has jumped to 117 million shares. What a shitshow. It‘s time to become Current again.

[saxonia40271]

Every time someone hits the Ask, the Ask size goes up, instead of down. It‘s like three times the shares are always refilled. We need a catalyst.

[saxonia40271]

They reacted to you? You wasted that e-mail. The real question is, when we can expect the missing financials, and if there‘s ever going to be another corporate update.

As for the short interest, I can clear that up. It shows 528,959 shares, apparently up from one or zero, hence the hilarious percentage change. That’s $52.89 worth of shares. Being short at TZ1 serves no purpose, unless you‘re a pro and can receive some of those 0.000001 gifts to cover, but even that makes no sense. Fifty bucks are hardly relevant, especially not to a pro.

If you don’t mind, please contact the company again. Looks like you got lucky with them.

[Jackrabbitslim]

Sent company an email asking about short interest and Ted Ayvas ( vice president) responded by saying we don’t comment on information provided by third parties.

[Jackrabbitslim]

OTC Markets showing 52 million percent short interest .

[Snake River Dog]

Interesting!! Watching Trades Today!! Sneaky Tactics!! Stay Tuned!! at first 999999 trades at .0001 at end of day two Z trades for 1000000 at .0001 followed by 250000 at .0001

[Jackrabbitslim]

Volume picking up ^

[saxonia40271]

Why would the acquisitions benefit TGHI? It‘s not like they‘re buying us. TGHI is disrespecting its shareholders by not filing.

[bucks2pennies]

Anyone noticing the action today with GTCH should also note that TGHI has a 'partnering' relationship with GTCH. TGHI could very well be in a position to make gain from that relationship through a marketing or manufacturing association. Who know what might be happening behind closed doors???

[saxonia40271]

GM and EM are two distinct segments. I hope, they’ll get their act together soon. Pink Limited is quite enough.

[bucks2pennies]

Expected. Not grey. Time. I do not see them waiting too much longer to submit 10k. Might even be a small surprise in the package.

Tech is highly competitive yet offers opportunities if acted upon. A lot of openings as I see it. I also do not see TGHI management just tossing it aside with their tails between their legs.

As far as I know, TGHI is a clean slate board. Plans drawn in the near future may just pave the way....

[saxonia40271]

TGHI downgraded to Pink Limited

https://www.otcmarkets.com/stock/TGHI/overview

[bucks2pennies]

Yes Sax. They will come through. Easy to fix. TGHI not finished yet. No concern.

Yet, I admit. Had it happen to me on another purchase. Quick. No recourse then. Real posibility, just don't see it happening here.

I prefer to see the 'surprise' as a positive factor when it comes...

[Werbe]

If nothing today, limited until June 29, 2023 then 15 day grace period until expert market. So 7-14-23 for expert.

[saxonia40271]

Are you still optimistic? They could be switched to „Grace Period“ in two days. That’s the last stop before the Expert Market. They have to deliver this week. It‘s possible that you can’t go directly from Current to Dark, but, either way, this is looking increasingly bad.

[saxonia40271]

Finally, a 50-million slap. Let’s hope, it doesn’t refill. GLTA!

[saxonia40271]

Another NT. These guys have a ton to make up for. And what’s with the record volume? LOL.

[bucks2pennies]

Oh, I think so. Not dead. Still might be milking the A/S though.

[saxonia40271]

Yes, the shift happened a few days ago. I wonder if they’ll even bother to post an annual report. I hope so.

[bucks2pennies]

70M now.

[saxonia40271]

The Ask is only about 15 million shares. If they clear, we could hit the first 2s again, but in order to motivate people to actually pay 2, we need a large bid to build up.