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Looks like Entrex found a new merger candidate
Interesting to see there are no shares available under .01. Although I doubt 10k is really indicative of GTSM's sale quantity.
Was expecting an update this week per Paul but guess there's still hours left in the day.
Wow - up 1900% just before close. Wonder what's going on? SS updated on 3/20/23...
Share Structure
Market Cap Market Cap
302,061 03/22/2023
Authorized Shares
2,500,000,000 03/20/2023
Outstanding Shares
604,121,403 03/20/2023
Restricted
482,741,429 03/20/2023
Unrestricted
121,379,974 03/20/2023
Held at DTC
51,195,880 03/20/2023
Float
52,579,974 12/31/2020
Par Value
0.0001
Sorry I was on the wrong month.
4 business days left.
Yes it is - I did think of that as I posted it.
Am I wrong?
I must say, I agree with ToucanYoucan. I believe his comment was specific to this stock and wasn't meant to be a blanket statement. Paul has provided information to shareholders on numerous occasions that has resulted in expectations. Unfortunately, more often than than not, Paul has failed to deliver thereafter which has resulted in a lack of shareholder confidence.
Funny you say that about a Preacher.
$UNSS - I'm not sure if it would matter if anyone was in touch with Paul.
His words mean nothing.
$21,875,000 UNSS VALUE -- Paul's inept management is criminal.
If you go back in press releases Paul committed $8 million to Entrex for 40% of the Entrex Carbon Market. That today, according to the deck, and assuming I'm reading it correctly; on existing sales could be worth 40% of $873 million! We would love that.
Looks like the only good news was the UNSS PIPE which invested $250,000 getting us 2.5% back then -- no idea how that has been diluted.
Therefore we get (assuming no dilution) 2.5% of $873m which could book our equity at: $21,875,000. Assuming they operate as they suggest.
So it is GREAT for us. But Paul will figure a way to screw it up and squirrel it away!
I'm not even sure he, or his feeble accountant, knows how to book it!
So its good or bad news for UNSS shareholders....
Or as of now it makes no difference to UNSS...
Watkins sent me his deck to me as an interested investor.
Check it out, He's raising money while merging into a public company (he did not disclose). BUT with his current orders he proclaims UNSS had a 300+ million acquisition -- but at the current P/E he believes it could get to nearly 900 million in the public market properly promoted.
That sounds great but we lost $600 million in the deal or lack thereof.
I feel it is criminal what Paul missed.
And I think Watkins like to hear himself talk. Check it out:
https://blockchain.entrexcarbonmarket.com/entrex_Marketing_Videos.nsf/player.xsp?documentId=D9D9AE96B3919CE085258948004B3177
Anyone seen Entrex's Deck for this raise?
Would be interesting to see what our valuation might be. Not sure if Paul would tell us.
From the meeting with Watkins -- can we ask him?
Not really. It’s a confirmation Entrex have moved on and will not merge with UNSS. The only small consolation we have is UNSS gets 2.5% of Entrex’s Carbon market revenue.
Other than that, we are stuck with Paul who can’t seem to deliver on anything.
No name of Paul, no mention of UNSS or nothing in the filing..
Should we UNSS share holders be excited to see this ENTREX filing...
Not sure if the 2.5% applies to this raise.
https://www.sec.gov/Archives/edgar/data/1960607/000196060723000001/ecmreg1a6.pdf
200 million share dilution!
Appears we have two options:
Landrew pulling the trigger on his son's $20,000 "loan" (which never hit the cash-flow statement) which issues 200 million shares.
or
Landrew paying off his son's note with some of the Entrex shares! (The only value I see here)
An extra 200 million shares puts us nowhere (which is where we are).
Anyone think we can cause some corporate action here?
Entrex EDGAR statement shows $91.33 a share. What's UNSS portion worth? Anyone Know?
Entrex News Again.
This is interesting - they have made an "significant' investment into a trading platform.
Somehow that makes me think news is upcoming.
Missed the boat on this one. Not for lack of trying.
You might be right but we won't know for sure until the end of Q1.
$UNSS - There's nothing to talk about. This thing is dead.
Possibly but I don’t want to possibly jeopardize Steve’s chances of success so please reach out to him for more info.
Do we have any idea what ticker we should be looking at for the merger?
Paul screwed all of us. Steve had been open to a merger for the ladder half of 2022 despite publicly calling off the merger at the beginning of the year. Paul is the reason why the merger hasn’t happen, period. At the turn of the new year, Entrex decided to trigger pull on merging with another ticker i.e. UNSS has been written off as a candidate to represent the company in its totality.
What we have left is a shell with a slew of issues the CEO (sole employee) doesn’t seem to have the knowledge or will-power to solve.
I encourage anyone who has a sizable investment in the company to reach out to Paul since Q1 is do or die time.
PM me your phone number. I don’t have premium. Well, I do and it’s shown on my credit card bill but PM isn’t working for me.
No obstacles? If there are no obstacles, why won't an Attorney sign off on the statements?
(I just sent you a Private Message).
Entrex has reviewed the balance sheet in its totality and hasn't viewed any "obstacles" as being impassable.
$UNSS - Anyone who has looked at the Liabilities portion of the last Balance Sheet we saw knows the problem Paul has.
And, Paul's problem is regrettably our problem.
Oh....Yeah - Happy New Year everyone.
I'm with you. I've sent Paul several e-mails and the responses are always cryptic. Our last public communication from the company was on 3/8.
Looks like we are almost at the dead end..I have no hopes at the moment
Pitiful, such promise. Golden goose right in front of Paul and instead he would rather screw the pooch. There is no new news, I just revisited the board to see if anything was new. nadda
Oh nice! Did he mentioned anything about UNSS?
Not sure if they do.
Another Entrex SEC registration?!
Does anyone know if these guys are accepting investment?
I get a Google alert on Entrex News.
I did. We met for lunch. Very nice guy and has one heck of an impressive background!
Just happened 2 days ago
I know!
Did you get to meet Stephen?
Man, that’s quite the spread between bid and ask.
Where are you seeing this?
Entrex files Regulation 1A registration statement, pending qualification, with SEC for 2022 CarbonEase
Boca Raton, Fla., November 1, 2022: Entrex Carbon Market, LLC today announced it filed its initial registration statement for the 2022 CarbonEase™ with the SEC today. This registration, PENDING QUALIFICATION, is the launch of a public security backed by authenticated, compliance grade carbon offsets, for potential investors and buyers. (more at the Entrex site)
https://blockchain.entrexcarbonmarket.com/EntrexNewsFAQs.nsf/0/34F09CD6A79FFE1C852588ED005ED5F6/%24File/2022-11-01%20-%20Entrex%20CarbonEase%20Press%20Release.pdf?Open
Sounds like some tradeable security linked to carbon offsets (like a bond or crypto??)
Don't think the RM is dead yet.
Entrex new SEC Registration!!!
What did they announce today? Check out their news.
Appears my hopes and prayers are not being heard.
A shame really. What an opportunity.
Grace Period
This security has entered a Grace Period, where it can be publicly quoted for 15 days before moving to the Expert Market for unsolicited quoting only. Securities enter the Grace Period when OTC Markets Group is no longer able to confirm that the issuer’s disclosure is current and publicly available as required under Rule 15c2-11.
Good to see them working on CE removals again!
PTZH CE removed.
No updates at the moment. I rescheduled with Watkins. Lunch on the 27th.
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