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.
I only see 2 possibilities.
old Ceo submits everything and makes UNDR fit again. Pink Current.
or there will be custodianship and the company will be completely reorganized
....so in laymans terms ..a major shareholder applied to "take it over" due to inactivity and the old guard said not so fast and now the judge is saying poop or get off the pot to them? about right?
$UNDR A-22-859690-C https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=1J5DABVLwcJypp38gdDsrw2&tabIndex=3
11/23/2022 Stipulation and Order
Comment
[12] Stipulation And Order To (1) Strike And Remove Document No. 11, Response And Opposition To Application For The Appointment Of Custodian Pursuant To NRS 78.347(1)(b)
11/23/2022 Notice of Entry of Stipulation and Order
Comment
[13] Notice of Entry of Stipulation and Order to (1) Strike and Remove Document No. 11, Response and Opposition to Application for the Appointment of Custodian Pursuant to NRS 78.347(1)(b)
Yes and the judge now wants current management to do more to get the case closed
$ 16,000,000 / 657,000,000 shares = .024 per share ....realistic IF they get they settlement?
Ok So alpha applied to take into custodianship and the current owners then got it reinstated? Is this correct?
Well AlphaRidge is trying to get it but undersea got reinstated on the SOS tho the judge wants more to be done before determining an outcome
So this is going to custodianship?
Court docket update says: “[13] Notice of Entry of Stipulation and Order to (1) Strike and Remove Document No. 11, Response and Opposition to Application for the Appointment of Custodian Pursuant to NRS 78.347(1)(b)”
Unfortunately, that is correct
…. So we can not buy on the CE market is that correct, just market makers ?
Seems like it is possible. otcmarkets updates are really what we need so we all should be on the lookout for those
Haha I agree … she is the craken… patiently waiting and all of a sudden breaches… when the time is right!
To get off of the expert market and to achieve otc pink current status- they will
Custodianship would be different though. Reporting updates would be based on releasing court information, which is public information
The company has been reinstated in Nevada, which is a great step towards otc updates and the release of/if any news
I’ll say it again- speculation can be directed towards the company for possible answers
As being on the Expert Market they do not have to file.
I can't find anything that prohibits a P/R. The Expert Market is tied to SEC’s amendments to Rule 15c2-11.
But even so, look at custodianship plays of George Sharp for example. There are many outlets that published the news.
If they received $$$- wouldn’t that need to be officially reported in a quarterly statement on otcmarkets?
From a legal standpoint- this would make sense
Questions directed to the company about this issue could also reveal answers
People can correct me if I am wrong, but I am not sure that companies can release PR’s unless they are current. Correct me with proof
I don’t see a lot of PR releases from companies on the expert market
No. If they received their judgment would they not issue a huge P/R stating so and what their plans were?
One would have to ask… if the company is taking the time and energy to gain reinstatement… wouldn’t one think that there is at least the possibility that the company has received its $$$ judgment?
I mean- we all can ask questions.
The fact is that UNDR has filed for and been reinstated by the state of Nevada. A step in the right direction
And as has been stated in the past, where will the money come from?
Revival is wonderful indeed
Will be interesting to see if they take the steps to get current on otcmarkets. If they do, they would likely release news/updates
If news of UNDR getting their millions in awarded judgment is released, then this could see a significant run that could be very profitable for shareholders.
All it took was a little positivity and patience
Reviving a know scam is wonderful.
Maybe the stuckholders can get out.
Just informing (as promised) that UNDR has begun its revival process with reinstatement in the state of Nevada
No worries- I’ll be updating as UNDR updates begin hitting otcmarkets in the future. Now that they are reinstated at the state level, it will be the next procedural step for everyone to keep an eye out for
Looks like the sky isn’t falling…
$UNDR https://t.co/YZL35bJOaW pic.twitter.com/CjUANm9HY0
— JMoney💸 (@jmoney_hoops) November 15, 2022
Wow- nice to see
I wonder if that means that they finally got their settlement and are taking steps to get current?
Hey thanks Johnny… where did you find the info?
Did they get paid?
Custodianship application from Opportunity zones capital
$UNDR reinstatement... nice
UNDR
UnderSea Recovery Corporation (CE)
0.0005
0.00 (0.00%)
Volume: 251,100
Day Range: 0.0005 - 0.001
Last Trade Time: 3:33:10 PM EDT
Total Trades: 4
UNDR Detailed Quote
UNDR
UnderSea Recovery Corporation (CE)
0.0005
0.00 (0.00%)
Volume: 251,100
Day Range: 0.0005 - 0.001
Last Trade Time: 3:33:10 PM EDT
Total Trades: 4
UNDR Detailed Quote
0.001’s getting some hits
$UNDR 0.001’s getting some hits did they get there settlement money yet?
— JMoney💸 (@jmoney_hoops) October 21, 2022
I see thanks for sharing hopefully progressions are made in the near future
They have indicated that It’s all connected. Once they have their $$ settlement, they’ve stated that they would look to get current at that point.
Hoping that they can make progress soon. They have started that the have lawyers that specialize in settlement collection on if
I see so they haven’t received it yet, did they mention anything about gaining trading status again?
Still stuck in a holding pattern for now. But the company has confirmed that they are actively seeking their $$
UNDR
UnderSea Recovery Corporation (CE)
0.0002
0.00 (0.00%)
Volume: -
UNDR Detailed Quote
Nice SS and hit 0.002 last December in EM wonder if management gets filings done here for Pink any relevant contact information for them?
If they collect the full value of their lawsuit- money to get current on otcmarkets shouldn’t be a problem at all
if they have money to list
Many stocks have been able to update from expert level to pink, so this can still happen for UNDR. Hopefully, they will take the steps necessary to achieve pink current status in the future after their lawsuit collection has been resolved
Followers
|
193
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
23449
|
Created
|
12/28/04
|
Type
|
Free
|
Moderators |
Emily1212 post# 21052 courtesy of Emily | ||
Post # of 21063 | |
2409 Chastain Dr.
Atlanta, GA 30342
PER IHUB MGMT |
02-07-2021
DISCLAIMER: ONLY FOR MICK
https://investorshub.advfn.com/boards/profilea.aspx?user=1012
*The Board Monitor and herewithin , are not licensed brokers and assume NO responsibility for actions,
investments,decisions, or messages posted on this forum.
CONTENT ON THIS FORUM SHOULD NOT BE CONSIDERED ADVISORY NOR SOLICITATION
AUTHORS MAY HAVE BUYS OR SELLS WITH THE COMPANIES MENTIONED IN TRADING POSTERS SHOULD DUE DILIGENT BUYING OR SELLING.
ALL POSTING SHOULD BE CONSIDERED FOR INFORMATION ONLY. WE DO NOT RECOMMEND ANYONE BUY OR SELL ANY SECURITIES POSTED HEREWITHIN.
ANY trade entered into risks the possibility of losing the funds invested.
• There are no guarantees when buying or selling any security.Any
SURFKAST'S REMINDER
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.Warning! This security is traded on the Expert Market
The Expert MarketSM serves broker-dealer pricing and investor best execution needs. Quotations in Expert Market securities are restricted from public viewing. OTC Markets Group may designate securities for quoting on the Expert Market when it is not able to confirm that the company is making current information publicly available under SEC Rule 15c2-11, or when the security is otherwise restricted from public quoting. See additional information about the Expert Market here.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |