Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
No one buying on the bid. It has held so yeah I'm hoping to get out on a pump before the dumping starts. I'd expect they would get filings approved before they open the faucet. No doubt it's coming.
Plenty of scams have access to the CEO, heck the CEO usually has an account here to feed info. The guy wants to create an exchange and can't get past FINRA.
Looks like you answered yourself.
And what would that reason be? Yes, they are asking questions and yes they are getting answers. Soon all the questions will be answered. Then we can start to do business. JMHO
The Old Owl
It's all finras fault. 3 months later they're sitting with everything piled up kn they're desks while they take a long lunch.
They're a reason they haven't approved yet. Do your DD.
$RGLG.
Such a hilarious trio. Almost 5 years supporting each other and here we are.
Almost on Nasdaq!
And if there was any real, meaningful DD, they would share it with you all! Does no good to keep meaningful dd secret. Of course they won't be able to share it with anyone since NO ONE is here to ask.
Oh, I'm sorry, they do have one minion.
He's triggered because he's not relevant Lol...which is why I'll only be sharing my DD with the serious Long investors on this board via private msg from now on - not the ones that cry for attention with non sense posts. 🤣
$RGLG. We're cooking with fire now baby!
$RGLG - For JettaR: Bro, here's your secret password:
ELOHSSA U F
Give it a try.....whoops, did I enter that backwards?
I would suggest rethinking your investment if you think all stocks are the same. No wonder you sound so pessimistic.
Ask yourself, why is RGLG not back to its low point from a year ago despite the admittedly very long delays in becoming fully OTC Current due to FINRA? Hmm, could it be that Longs have done their DD and have locked up the very small float based on that extensive DD. Seems like this stock is ‘different’ and shows way more promise than ‘all stocks’ you refer too. How about that! 😊
$RGLG Long
Oh, but here you can call the company and talk to them! Amd if you're lucky, get some top secret otc DD
They ARE all the same. The tactics here all in line..blame finra, authorize shares, the name (and ticker) change coming. Volume typically nil though.
Your post is so generalized you could literally write it on almost any penny stock board. That’s why it makes me laugh. It’s just not serious.
Nasdaq in a year! Look what they've done in the last year! It's inevitable
It's not happening yet, it will. Mock all you want. They are authorized and will hit the market all the while you will say the TA numbers haven't changed. Everyone knows the TA only gets what the company tells them and at their own pace.
I believe the updates will come so they can open the faucet.
Oh, wait, the stock wasn't mentioned.........tune in for the next episode.
That interview really brought in the investors!
I totally agree! He is one smart dude! JMHO
The Old Owl
And with that great news and piddly trade it's down 40%.
$RGLG - Bueller, thanks for posting!
$RGLG - It's definitely a "controlled" dilution.
🙂
Watkins really displays his understanding of the finance world is leaps and bounds ahead of most on Wall Street in this interview. He is the main reason I am confident about my investment in Entrex via RGLG. The FINRA delays are nothing but a speed bump on the way to uplifting this stock. The potential is tremendous IMHO.
Here's a copy of the transcript:
Georgia: So excited today because I have Steven H. Watkins. Mr. Watkins is here in studio today.
Well, not in studio, but he's in his studio. He's chairman and chief executive of Entrex. So
I googled Mr. Watkins. He's the real deal. He's no stranger to the business world. He's
been around the block. Okay. Founding a bunch of successful companies in the
information and business services realm. Actually, two of them even hit the billion dollar
market or market cap. But here's the kicker. Through all of his ventures, he noticed this
recurring struggle for entrepreneurial companies trying to get their hands on capital. It's
like there's this messy, inefficient maze that they have to navigate just to get funding. So
inspired by all these headaches, Mr. Watkins came up with this brilliant idea Entrex. It's
a sort of capital market tailor made for entrepreneurial ventures. And to really shine a
spotlight on the entrepreneurial scene, he started writing this financial column that
reached over 8 million readers nationwide.
Georgia: Not to mention he teamed up with a Dow Index folks to launch the private company
index showing off just how lively and kicking the entrepreneurial world is. He's also an
author, y'all, I got to get my hands on these books. One is called Capital Can't Fund.
What Capital Can’t Find. What a great name all about the struggles and solutions when
it comes to capital markets and funding for small companies. The other is called
“Romancing Capital. Get them at hello”. But that's why I need these books. I need to
figure out how, but less about me, more about Watkins who's not just sitting behind a
desk all day. Mr. Watkins is out there in the trenches rubbing shoulders with presidents
and big names and business at places like the US Chamber of Commerce and Fortune
Small business. He's constantly chatting with other CEOs of small companies about the
nitty gritty of growth and financing and getting that precious capital. That's what we all
want, right? Still happy to have you join us today. Thanks for being here. And can I call
you Steven?
Watkins: You certainly can.
Georgia: It's going to be weird because my husband's name is Steven. Okay. So it might come
with a tone.
Watkins: Okay, I'm ready. I'm used to that tone.
Georgia: Alright, so oh my gosh, you're like a jack of all trades, but all trades being financed.
How'd you get started in this?
Watkins: Well, it's funny, it's actually logistics. If you go back in my background, which is more
than you want to know originally, it goes back to my Dad did a $5 million IPO on the
American Stock Exchange, and he left the company with about 4 billion in revenue. You
can't do that story anymore, and if you're not raising a billion dollars, the markets just
really can't support you. And so after a couple successes we said, or I said, let's try to
figure out how to support what I define as entrepreneurs, and it's interesting, if you look
at the market, there's 18,000 public companies, yet there's 2 million private companies,
right? So the scale is massive and those companies really struggle on an efficient basis to
raise capital. So naively, we said, let's create Entrex as an entrepreneurial exchange.
Sounds so simple. The issue becomes you cannot be an exchange for non-public
securities.
Page 2 of 3
Watkins: So we had to argue with the SEC, we had to argue with finra. We had to figure out how
to get the broker dealers through a trading technology platform that brought broker
dealers originating transactions and broker dealers placing transactions and be that
efficient regulatory compliant vehicle in the middle. And this is back in 1999, 2000. So
we really pushed hard. Probably the pinnacle was 2015 when our broker dealer
managed the first trade on the blockchain of a security, which was kind of fun. Those
were big heady days. We did the overstock.com, TIGRcub security. And one of the other
things we did was we found that equities, traditional stock of private companies are
very difficult to value. If I sold you a stock today of a private company, how do you value
it more or less next week? And what we ended up finding, and we got a patent around
this for the securitization of a slice of revenue and the marketplace in which it trades.
Watkins: So it was a process patent and it basically said, look, Georgia, your hockey stick curve,
when your revenue user is going to go like this, what's the likelihood of it going to do
that? And you do a simple discounted cashflow on the anticipated cashflow from a slice
of that revenue. And so let's just say we take 1% of your revenue and then we divvy that
up in a security for everybody gets one 10th of a percent of revenue in their security,
and then every month you get that percent and now you can figure out what the value
of that security is. It was brilliant. And so one of the first ones we did on the blockchain
was with Overstock. I think it was six one hundreds of a percent of revenue, but we
broke it down into $10,000 slices and then it traded with institutional buyers. And it was
really an interesting business model. I don't think that market was ready for it. It was
probably a little too early. Now it's turned into a lot of crowdfunding and things that I'm
not necessarily proud of. But I think when you look at the testimony we did in Congress
and as we were talking, I met with Obama over lunch at the White House. It was just a
really interesting kind of things to try to propel that sector of the economy, the one
that's the growth sector of the nation.
Georgia: That's right. I like how you flippantly said, I had lunch with Obama, and I think that's
fantastic. You are always around these movers and shakers. Let me just ask you straight
what exactly, and you've explained a little bit, but what is Entrex?
Watkins: Well, so today you could argue we're a technology company that works together with
broker dealers, originating deals and those placing. And so we've taken the model that
supported the entrepreneurs and we said, let's go look at how the carbon market fits
into that. And you've probably heard about carbon, all these companies,
Georgia: Neutral,
Watkins: All that stuff. Well, last week Bloomberg said it's going to be a 20 billion market in a
matter of years, but it's all very illegitimate today. It's all done by under UN sanctions
and registrars that you double and triple sell the security, not a security. You double and
triple sell this offset because there's no tracking. Well, you and I both know in the
financial market, you cannot double sell a security. There's one security and one person
owns it at a time. The methodologies are incredibly efficient. Now the other thing we
found working with KPMG, which was kind of fun, was the trading a carbon offset on the
blockchain trading one metric ton took about one metric ton of power to actually trade
it compared to 216,000 trades on Wall Street for that same metric ton.
Page 3 of 3
Georgia: Wow.
Watkins: So the blockchain energy wise is just so inefficient. And so what we ended up saying was
we have to figure out how to make this easy for broker dealers to support their clients
that need carbon offsets. And we need to be able to produce those carbon offsets from
the originators of people that have carbon offsets. And so we look like NASDAQ or NYSE,
where in the middle you've got these securitized carbon offsets that broker dealers can
trade to their buying clients
Georgia: Clients. Wow. So let me ask you this. Is this carbon neutral thing, is it a fad or is it the
future? I think it's the future, but I want to know what you think.
Watkins: Well, hey, I'm in the middle. I'd love it to be real and I believe it's real. I think the past
election cycle, it was a big question, right? Was Trump or was Biden going to support
the trend? I think this election cycle, there's so much momentum behind it. The SEC last
month declared that the large issuers have to have what they call a scope two emission.
You have to count what your emission is. And based on today's emission, if you've
declared carbon neutrality by 2030, which nearly every public company has, you better
be on the way there. You cannot wait for that 2029 management team to be there. If
you've given yourself 10 years, you better be 10% there each year. Which means if you
can't create efficiencies and lower your carbon footprint, you have to buy carbon offsets
to minimize that footprint. So when Bloomberg announces we need a billion carbon
offsets, that's a billion metric tons of carbon. I don't think that market's going away. I
think it's here to stay. The legitimization of it is key, which is why the SEC and FINRA and
then creating a regulatory compliant marketplace for this matters to us. And why I think
Georgia: No, I was just going to say, so you guys are kind on the forefront of this and if people
want to who are listening or watching on our YouTube channel, how do they find out
more about it? How do they find out more about Entrex
Watkins: EntrexCarbonMarket.com? There you have it. Simple.
Georgia: Thank you so much. You are just like a bevy of information I could really take. I know
you have y'all, Watkins is so busy. He's got other podcasts to do. But I could take your
whole day up, but I know I can't. Thank you so much for being here with us today.
Watkins: Well, thank you for having me. Appreciate the opportunity.
Moderator: Remember, if you've got questions, we can help answer them. We'd love to hear from
you. Email us ww show@gmail.com or hit us up on social media at what's next Wall
Street. You can watch episodes of the show on YouTube. Just type at WW show into the
search box or listen, share. Take your Spotify email to friends, post it on your social
media so we can get more friends like you and join our podcast. I'm Dave Matthews.
Georgia: And I'm Georgia Alfredas. We will see you next time on What's next Wall Street.
$RGLG Long
This is not financial advice - Do your own DD
Folks, there is a massive dump of ONE share, today. The dilution trend is incredible. 😂
I think once FINRA does its thing, we are off to the races. I also believe we are on NASDAQ within a year. JMHO
The Old Owl
News today on an interview: https://entrexcarbonmarket.com/news-media/news-releases/
There is a link to the interview (YouTube and free)
Surprised Watkins had the time for this while he's liquidating stock excessively per DaBenDan.
30 years of watching pinkies. This isn't legit. Pay themselves first is the pinky CEO motto. Those shares are hitting the market and it will be long after that until the TA is notified. Hope they at least get some action before the faucet opens. Need some buyers. At least get a wash trading team in here to simulate high volume to put on the hot boards radar.
Promo if finra approval I hope.
Doom and gloom. Lol
Dilution will come. Authorized shares that high on a pinky always the same. If we get high volumes again, watch the price erode on a "healthy drop". Even though shares are locked up with folks who know what they own.
I do know and any pop with liquidity, I'm out. The stink is in the air on this ruse.
$RGLG - Bro, as always, thanks for chiming in.
Exactly. I’m even surprised that it didn’t go back down considering the frustrating delays, but no one is selling. I was hoping to add more Lol.
$RGLG trigger pulled Lol
You may want to take a second and look at it along with bid, ask and volume. Go sell 10k and see it drop back to 3 cents. As an investor, you're foolish if you think all your shares are currently worth 10 cents. No liquidity!
As far as the chart, that as well shows a sad but real trend.
Fact is there has been NO interest in this stock for months. There a half dozen of us that chat about it here with NO outside interest.
$RGLG - Shareholders have done quite well in the past year. The first part of May 2023, I was buying shares at $.03. (Still have them all).
You may want to take 15 seconds and look at a 1-yr Chart.
$RGLG
That's worked well for shareholders here for the past year.
$RGLG - If you have an IQ above 50 and have the ability to use a phone, you can talk to the CEO.🤣
If you show the secret handshake you can get some top secret private DD.
FACT: actions speak louder than words. So far we have over a years worth of words with little action.
You have zero proof this will happen. Your assessment of what will happen to this stock because it happened to you with other OTC stocks is pure projection and unfounded. The fact you have very little DD on Entrex and the CEO confirms that. Volumes have been insignificant which proves there is Zero dilution and that’s a Fact!
I've been here. I turned bearish with the addition of billions which will hit the market. No doubt about that. That is what they are for. Dilution coming. They will get current for that.
I get a laugh at how pathetic Johnny Come Latelies sound. Meanwhile, shares are locked solid waiting patiently for FINRA to do their jobs. They are inconsequential to our investment and add little to this board. I have some DD that I will share with serious posters through Private Messaging soon Re: OTC Current status.
$RGLG Long
Free sign up, you see it at the top
"Industry & Services >> CEO Interviews >> December 19, 2005"
Where does it say that?
The Old Owl
So, these two recent pumpers lied about the link and made it clearly deceptive that it was actually an old old interview?
That's pretty cheap.
By the way, twst is also a glorified stock picking pump site. And their wiki is written by it's owners. That in itself isn't insidious, but they make no mention that they are NOT associated with the WSJ. Since they don't state either way, WSJ has no real interests in objecting. While twst is happy to let tons of people link them in with WSJ as an impression of being legit.
We see this technique of making oneself look more important or legit by association even when not associated all through otcm and promoters.
What? The podcast is from 2005? Or they have been doing this bullshit from 2005?
From 2005. Damn.
You have to pay for the whole interview!
Stephen Watkins – Entrex Inc
TWST: We'd like to begin with a brief historical sketch of the company and a picture of the things you are doing at the present time. Mr. Watkins: Entrex was founded four years ago. We assembled an alliance of industry leaders to create a central location to find, research, track, manage and trade interests in private companies. By researching the methodologies of the public marketplace, we analyzed how EDGAR, the SEC's financial and information reporting structure, and the trading markets of NYSE, NASDAQ and AMEX, created a marketplace to find, research, track, manage and trade interests in public companies. We then worked with industry leaders to create similar methodologies for private companies and a central place for standardized information and financial reporting of private companies. This allows the accredited investor and the alternative investment market space a single central, global resource to find these potential investment opportunities, ultimately providing a whole new asset category for them to offer investment and services. We created two different and distinct environments. We created Entrex, as the EDGAR-type reporting structure, to create credibility and exposure for private companies. And then we work with an alternative trading system to manage trading the securities of these private companies for the accredited investors focused on alternative investments. Within Entrex, the EDGAR-type reporting structure, we work to establish third party credibility for the companies that agree to our disciplines and methodologies. These companies, called Entrex Registered Member Companies, work with financial industry leaders who provide various services to the process we have established. This Entrex process starts with Kroll Background America performing a background check of the principals, including the CEO and CFO. Upon completion, a different division of Kroll performs a corporate review including state-by-state examination, reviewing their legal history, their licensing and a series of qualitative tasks reviewing the corporation. Then Entrex works with a leading law firm to compile various legal documents establishing all material contracts for the Entrex Registered Member Company, culminating in a consistent legal opinion signed by company counsel. Once this work is completed, RSM McGladrey then sends representatives to the Registered Member Company's offices. They assess five different units within each of the companies. McGladrey first verifies the company's customer relationships by talking to a series of the customers. Then McGladrey verifies the vendors. McGladrey then looks at the company's operations, management, and finally they look at finances. McGladrey gives a validation of the business. RSM McGladrey's role is to help provide a baseline of the company's status; both past and present. Finally, with all of this data collected, Morningstar goes out to the company and asks 'where are you going?' Once they have an understanding of the current status of the company and where it is going, they prepare a research and valuation report on the company. Applying their knowledge of the public marketplace they establish a current and future valuation for the Entrex Registered Member Compan
Someone mentioned a PodCast Watkins is on today. Anyone see it?
Followers
|
60
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
6104
|
Created
|
10/20/08
|
Type
|
Free
|
Moderators Zorax Buellersback JettaR |
Entrex Art Market -- The regulatory-compliant marketplace for non-fungible and other tokenized creations in the visual arts, music and more
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |