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How did this work out for you?? "reporting this to SEC"
"I am reporting this scam to SEC folks. This scam will be suspended soon. I hope the CEO here will be banned from running any company by the SEC."
stockstobuy Monday, 04/05/21 10:47:06 AM
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162980488
The chase downward begins Friday at 9:30 AM. Fun times.
AB, traders, etc. may play a VIBI shell game down to 0001.
Otherwise, folks can hang on to them for the 2021 tax loss.
Or take profits; grey market trading is a whole different bag.
Ditto.. so many crap companies trading in .01 and this company has a real product and shipping. I think it will open lower but will gradually climb up to .01 depending on the news. Let’s see
I’m holding a big bag for now but believe it will pay out well with patience.
It's not because the company trades on the grey market tomorrow, it suddenly becomes worthless.
VIBI on the grey's because they didn't comply with SEC rules.
If people thought the company was worth 0012 2 weeks ago, why not now, because they missed filings?
Vilacto Bio has products, which you can buy and are being shipped, which is more than some other company's.
I thought as much. Was in a ticker years ago that was suspended. 0004 to 01 in a day. It is still on the gray sheets The optimism here made me wonder if things were different today, regarding suspensions.
Disregard.
Years , never ….
Highly unlikely it seems for it to be sooner that years. Unless of course they have a miracle planned, but wouldn’t bank on it
What do you mean for how long ?
For how long?
How long till VIBI is back on the OTC Market. TDAMERITRADE won’t trade the gray market. Sells only.
Adar Bays ??? VIBI now has a president familiar with Adar Bays, whether anything comes of it is to be determined. Although unlikely IMO
Who buys the shares he should dump on Friday and why?
Thank you
$VIBI
This takes a massive dump on Friday when it opens on the Grey market!
Dump what you can and don’t look back
Grey sheets on Friday.
Rock Chalk Jayhawk. Good luck $VIBI
It might be possible depending on this Daniel guy and whatever he has planned
I would be happy to sell at .0012 if i could get it.
At this point , nothing has been done outside of the reinstatement in Nevada.
dude, go back and read the most recent posts!
Any progress on vibi folks?...what is the company doing?
Surprisingly it took as long as they did!! But the warnings were there
Is there a link to the grey market? Does E trade allow access to it
Didn’t know they didn’t need to be up to date on filings to trade on the Grey Market. 6-7 Years ago I was in a suspended ticker. It is still on the Gray Market.
It’ll trade on the greys once the suspension / halt is over … whether there are filings or not.
So that would be this Friday, which is 10 trading (14 actual) days.
TDA used to allow trading of Gray tickers. Now you can only sell, no more buying. Gray sheets don’t have Market Makers, so no bid or ask. The trades show up but no distinction between buy/sell. Some brokers will trade grays. Not sure which ones.
how does one trade on the grey market anyway?
It will trade on the Grey Market once the filings are updated and completed.
Well, if a company were to be certain that all audited information in a new FORM 10 is complete and unquestionably accurate, then sure, a miracle could happen where a FORM 10 could pass muster with the SEC on the first submission.
When a company has been severely delinquent in filing mandatory Financials the SEC would be skeptical that a company could compose 2 full years of audited Financials, eg., receipts for everything, etcetera.
Not impossible, but when only 7 or 8 out of 2,193 revoked registrations readers can see that very few ever submit a new FORM 10 and even fewer of those companies that do submit a new FORM 10 are ever successful.
So what happens if the new management files an S-1 instead of the Form 10?
Meaning what happens to the current shareholders ? Wiped away ?
Question
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163793159
Answer
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163793429
Form 10 vs Form s-1
https://www.securitieslawyer101.com/2018/form-10-form-s-1-registration-statements/
https://www.investopedia.com/terms/s/sec-form-s-1.asp
$VIBI
In theory, even if let’s say a miracle occurs and financials are completed and uploaded within a month, the actual review process at the SEC can take 2 years , correct ?
Point being it doesn’t matter how quickly the company gets the information together at this point?
Yes, a FORM 10 requires audited Financials for at least 2 years of operations, and because a company had its registration revoked for Financials delinquencies the SEC examines the FORM 10 from beginning to end. Not an easy task but for any legitimate company, but that's why it can take approximately 2 years to get a FORM 10 approved by the SEC.
Renee ~ would they have to become up to date (current) with their financials to file the Form 10?
From your claim that Vilacto Bio Inc. has a new president the company's best course of action is to respectfully accept revocation of their stock registration(s) and then file a FORM 10 to reregister.
The Admin. Law Judges have never accepted any excuses or exculpatory reasons for an SEC Registered company to fail at the most fundamental obligation to file Financials, particularly when every SEC Registered company has the option to deregister by filing a FORM 15. When a company can't take the 5 minutes to file a FORM 15 to deregister the SEC vigorously argues to the Admin. Law Judges to revoke that company's stock registration(s). For the last 11 1/2 years 100% of SEC Registered stocks that were suspended for severely delinquent Financials had their stock registration(s) revoked.
Readers can review Vilacto Bio Inc.'s failure to file Financials since August 2019 and their failure to file a FORM 15 to deregister when they knew they couldn't or wouldn't file any more Financials.
Added EDIT: from reading prior posts let me clarify that I am female.
https://www.sec.gov/cgi-bin/browse-edgar?company=Vilacto+Bio&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany
SOS Re-Instatement really plays no part in the SEC’s current actions against VIBI.
Although I will say , if nothing else, the timing of re-instatement and change of “management” is interesting. Not sure anyone was expecting to see that during the 10 day suspension / halt.
Wonder what the story is behind all this? Why waste your time ? It’s only a couple hundred bucks to get reinstated so it might just be a gamble or what not
B$$m, was that a pleasant memory or less? Wonder why VIBI is changing presidents?
Maybe the old president fell on his sword? Wonder if Gert survived by his short hairs?
Lots to wonder about before end of next week. Only thing I noted otherwise today was
the OTCM changed VIBI from red to grey skull & crossbones, also grey markets status.
Next week could be interesting. Normal SEC processing and timeline, and all this stuff.
I was kind of expecting to see Gerty pump out a fin or two by now. Guess we shall see.
Daniel Sobolewski Active Search Results from EDGAR:
I remembered him from:
SBES
South Beach Spirits, Inc.
https://www.sec.gov/edgar/search/#/q=Daniel%2520Sobolewski
Agreed Interesting stuff to watch over the next week or so. Wonder how it will all play out???
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145393855
Daniel Sobolewski
Managing Director at D B Capital LLC
West Palm Beach, Florida, United States
https://www.linkedin.com/in/daniel-sobolewski-939330172
Daniel Sobolewski is versatile in financial services. Using his longtime experience in finance, sales, and his corporate development
skills, that are backed by his large pool of business contact, it did not take long for him to make a success in multiple corporate
transaction, and past endeavors. Mr. Sobolewski is supported by multiple experienced CPAs that work in both Private and Public
sectors. He also sustains multiple ongoing successful relationships with consultants with expertise in Public Companies, Equity
Financing and Investment Banking. Mr. Sobolewski has been a successful entrepreneur since the young age of twenty-one, and has
held multiple Executive Positions over the years. Mr. Sobolewski specializes in Interim Management coupled with his expertise of
Corporate Development to uniquely assist both Private and Public trading companies.
Daniel Sobolewski Overview
Daniel Sobolewski has been associated with ten companies, according to public records. The companies were formed over a nine year period with the most recent being incorporated three years ago in September of 2017. Two of the companies are still active while the remaining eight are now listed as inactive.
https://www.corporationwiki.com/Florida/Apopka/daniel-j-sobolewski/100327416.aspx
Hey b$$M, the action is for a president. Gert wasn't the company president there.
Helps they have a functioning president, but nothing says Gert is CEO no longer.
I reached out to Renee (SEC and DD boards) with his experience for his thought.
Maybe SEC will give VIBI more time to file? Maybe the Pres will work on the fins?
Note: OTCM now has VIBI as grey skull and crossbones and grey market status.
Interesting stuff to watch over the next week or so. Wonder how it will all play out.
Hey Renee, any thought on a new VIBI staff? Does a plea of mercy from the SEC work?
Also, I noticed the change was for a new president. It failed to mention any CEO change.
Have you seen something like this? Does SEC accepts pleas of mercy from errant filers?
I figured with the old letter of delinquency and now suspension, the SEC's hand's still out.
Also, I notice OTCM has VIBI as Grey Market now. Has the move there been expedited?
I've followed some suspensions from beginning to end, but this one is quirky. Thank you.
$VIBI reinstated after hours ??
Daniel Sobolewski replacing Gert Anderson
Sobolewski specializes in “Corporate Development to uniquely assist both Private and Public trading companies.”
https://twitter.com/muladamus/status/1395489610222870533/photo/1
Actually it is showing it...
https://esos.nv.gov/EntitySearch/BusinessInformation
President: Daniel Sobolewski
Updated: 5/20/21
Certificate of Reinstatement: 05/20/21
https://esos.nv.gov/EntitySearch/BusinessFilingHistoryOnline
Funny how NV SOS is not showing that? Noticed both twitters are not responding with a valid link/s.
Funny thing also is the Gert's working on it notes used hangout/yahoo style icons, vs. actual emails.
https://esos.nv.gov/EntitySearch/OnlineBusinessAndMarkSearchResult
Noticed no public notice from VIBI itself about this. Noticed the "fake" VIBI twitter account removed.
Important thing really is how this all shakes out with the SEC. SEC has the ultimate say with tickers.
GLTU
$VIBI 0012 ☠️ suspended 6 days ago and reinstated today with new president ... 👀 pic.twitter.com/gNbX87HvhO
— Giangy 💰 (@7219Giangy) May 20, 2021
$VIBI New President added today along with re-instatement filing, DANIEL SOBOLEWSKI, is a Mergers & Acquisitions specialist as per his Linked-In profile. Fingers crossed! pic.twitter.com/AHHMyLIlde
— Brett (@BigB33333) May 20, 2021
Welcome to the VIBI board! Checked SEC EDGAR.
Nothing showing with the SEC since its suspension.
If this is indeed the case, it might upload overnight.
If not, ignore it untii SEC comes out with something.
Not like VIBI shareholders can do anything anyway.
BTW, OTCM changed VIBI's S&C from red to grey.
No recent public updates from VIBI.
https://twitter.com/vilact_com
GLTU
OTCMartian Member Level Thursday, 05/20/21 04:09:41 PM
Re: Q_45_HVAC post# 23329
Post # 23330 of 23333
Yes. $VIBI getting re-instated. Looks like a good sign. Just got filing:re alert!
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09/10/2021 08:43:23 | 12(j)Registration Revoked by SEC | 09/10/2021 08:43:00 | VIBI | Vilacto Bio Inc. Common Stock | Other OTC |
https://www.otcmarkets.com/stock/VIBI/overview
Beware: VIBI has a Grey Market Skull & Crossbones status, for non-compliance with SEC.
VIBI is not disclosing current finances or current operating status
to the SEC or to its own shareholders.
SEC Order to Show Cause:
https://www.sec.gov/litigation/opinions/2021/34-92157.pdf
VIBI - SEC SUSPENSION EFFECTIVE MAY 13, 2021
https://otce.finra.org/otce/tradingHalts
SEC CASE# 34-91891 - May 13, 2021 - Vilacto
https://www.otcmarkets.com/stock/VIBI/disclosure
https://investorshub.advfn.com/DD-Support-Board-and-Research-Team-19670/
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