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It's at 2 dollar atm, it's clear that there is interest and no sellers.
It's one of the reasons I'm sticking with my plan to keep this one (vida) for the endgame.
GBNW Over $1.10 today, Chen must be doing something right. VIDA’s time will come.
Half the point of being OTC is to get away from burdensome SEC filings, but you pay the price of being ignored by big investors.
You obviously don’t know what you’re talking about.
http://otclawyers.com/what-is-a-voluntary-sec-filer/
I just gave you proof that VIDA is VOLUNTARY filler, according to their registration number.
Once again for those interested in facts
How Can I Tell if an Issuer is a Voluntary SEC Filer?
The easiest way to tell whether a public company is a voluntary SEC filer is to do a Company Filings search at SEC.gov. Look for the filing of a 10-K or 10-Q. If the SEC File Number in the right-hand column of that entry begins with 333, the issuer is a voluntary filer. In contrast, an SEC mandatory filer will have an SEC File Number that begins with the prefix 000. Note that this SEC File Number is not the same as a CIK number, which may begin with 000 even for a voluntary filer.
First result on Google Edgar search
Vidaroo Corp file number 333-147932
Cik 0001418826
There is nothing voluntary about being a registered SEC filer at all. Either a company registers to be a filer or it doesnt. VIDA registered in 2008 and has been ever since then. They are delinquent in their SEC filings are ripe for a suspension and future revocation.
Please do a little research before you post
VIDA is a voluntary SEC filler.
And info from 2014 is totally irrelevant to what’s going on today.
“How Can I Tell if an Issuer is a Voluntary SEC Filer?
The easiest way to tell whether a public company is a voluntary SEC filer is to do a Company Filings search at SEC.gov. Look for the filing of a 10-K or 10-Q. If the SEC File Number in the right-hand column of that entry begins with 333, the issuer is a voluntary filer. In contrast, an SEC mandatory filer will have an SEC File Number that begins with the prefix 000. Note that this SEC File Number is not the same as a CIK number, which may begin with 000 even for a voluntary filer.”
First result on Google Edgar search
Vidaroo Corp file number 333-147932
Cik 0001418826
Sure. The last CPA on file(March 2014) for VIDA is now SEC defrocked Terry Johnson. The SEC keeps track of these kind of things. The SEC would have also sent numerous letters, as is usual, to VIDA about the delinquency. Its obvious those letters have been ignored.
Any evidence to suggest SEC is eyeballing this one? They have plenty of actual scams keeping them busy. He could make it current before that happens, but he doesn't have a good record of doing that. I think he lets his customers worry about that instead.
VIDA will be suspended by the SEC before Chen gets to do his thing here. The SEC is on a bit of rampage right now suspending these garbage delinquent tickers like VIDA.
A consolidation period is not bad, vida had the chance to cool down a bit.
Yes! back in the 3s would be great after this long sideways/down
Seems I missed it, but the sellers are drying up.
In the end with the news we expect things will turn out well for us shareholders.
Just relax and stop pulling when there is nothing to say.
yiannisf what are your thoughts right know, price dropping and you stop posting!!!
Telpac industries ticker tlpc
Chen still has an open case where he is being contested. Hearng is 9/14. Does anyone know who the defendant is? The case record does not show what company he is trying to acquire.
case: A-18-768996-P
Agree. Chen needs to get his head out of his ass. glta
Because Chen is sloppy about process or maybe not so much.Once control is had especially in these "CE" skull and cross deals there usually are debt holders to be dealt with and settled with.Once that process begins shares are passed around like a joint in a coffee shop lol and some times that ends any real deal for a debt conversion that may or may not be legal.Shells can free up shares under the 4-2 exemption.If it coast Chen $25k for control which I doubt and with that his people bought $100,000 debt for pennies on the dollar to convert at par well do the math and you tell me what works for you lol
if the process is so important why didn't chen show up to make things easier?
That's just procedure, the Judge doesn't know what was filed until the clerks tell him, he just knows he had a hearing scheduled and Chen didn't show. He makes his judgement and moves on.
The clerks being behind happens all the time, they got a quite a pile to go through everyday. It doesn't help that he filed on a Friday.
pretty irresponsible of the courts...
to file what they filed on 8/6 about mr chen
being a no show..... leading people to possibly
sell the stock....
when the whole time he literally filed on time on 8/3...
if i was a lawyer with time on my hand.... hmmmmm
good luck to all
Yea! They are the best for poking fun at on slow news days. $VIDA is going to be a slow climber I think. Not expecting news out of Chen anytime soon. makes the board boring.
Really, you’re going to pick on a typo because I hit the i instead of the o? The fact is the RM is real, and at some point we’ll find out the name and details of the “TECHNOLOGY company with major operations in the entertainment industry.” There are you happy now?
Is Technilogy a new market? Like blockchain enhanced cannabis...?
Ok boys and girls, I broke down and paid $5 for the report filled on 8/3/18. It shows the custodian complied with all the court orders and here’s the money quote from page 2 line 4
“THE CUSTODIAN HAS LOCATED AN ACQUISITION TARGET IN A TECHNILOGY COMPANY WITH MAJOR OPERATIONS IN THE ENTERTAINMENT INDUSTRY”
Draw your own conclusions
You have to buy the report from the court. I’m going through the process right now. I’ll let you know what it says once I have it
Is there minutes of 8-3-18
Custodian status report
8/27/18 9:00 AM SHOW CAUSE HEARING CLERK'S NOTE: A custodian status report having been filed on August 3, 2018, COURT ORDERED the Order issuing an Order to Show Cause was hereby RESCINDED, and the Show Cause Hearing date VACATED. COURT FURTHER ORDERED a Custodian Status Report shall be due QUARTERLY, beginning on August 6, 2018, with the next CUSTODIAN STATUS REPORT being DUE on November 6, 2018. COURT ORDERED a status check regarding the custodian status report was hereby SET ON November 7, 2018, at 9:00 AM. A copy of this minute order was mailed to: Robert Chen [9860 Gidley St. El Monte, CA 91731]. (KD 8/17/18)
https://www.clarkcountycourts.us/Anonymous/CaseDetail.aspx?CaseID=11849465&HearingID=195562319&SingleViewMode=Minutes
Makes sense. He filed the status check that caused the hearing. It just wasn’t processed by the clerk timely.
"Show cause" hearing cancelled?
08/06/2018 Status Check (9:00 AM) (Judicial Officer Hardy, Joe)
Status Check: Report of Custodian
Minutes
08/06/2018 Reset by Court to 08/06/2018
Result: Order to Show Cause - To Issue
08/27/2018 CANCELED Show Cause Hearing (9:00 AM) (Judicial Officer Hardy, Joe)
Vacated
11/07/2018 Status Check (9:00 AM) (Judicial Officer Hardy, Joe)
Status Check: Report of Custodian
Looks like someone needed some weekend money
Adding to my portfolio longs. Yepp those sitting on the sidelines will regret big time. Latest Pr and you will see big things are comings.
Clearly stated in the
Court documents what is going on
Especially in the minutes.....
Posted on these boards 2 or 3 times
too much silence here, what's going on!!!
go here to buy records: court portal
Guessing he didnt show up because he already submitted the status update. Unfortunately it must not have been processed in time or something.
the question here is why chen didn't show up? and if someone knows approximately how much chen have already spend for take the custodianship?
You mean controls not owns,right?He could have very easily have had friendlies take over the debt or whatever,convert and sell via a 4-1 exemption.Moneymade and walk away.Its done in almost every deal like this but most don't walk away..I know a little about this sorta thing lol.Also again Chen is sloppy
I am sitting on 1s here and some 2s. I don't think Chen will walk away and it doesn't look like that will happen as it will kill all his or any future plays. I respect your opinion but buying back in may be smart leading to news only if negative sentiment drives a few holders to sell. ;)
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