Copied from First-Name.net. Little DD that is in left field because there is not a lot to find on the CEO from Google searches. The name is unique enough for there to be hits.
Prashanth in Ontario Between 1913 and 2019, 5 boys were born with the Name Prashanth Gender of first name Prashanth in Ontario is : Boy 100% Peak year : 1993 with 5 births
Gets more interesting here. -
Prashanth in 6 countries Between 1909 and 2022, 39 boys were born with the Name Prashanth.
And the last name. https://en.geneanet.org/genealogy/?nom=Kumalarsan 3.5 trillion last names on record. Kumalarsan "This last name is not yet indexed on Geneanet"
The CEO is kind of a nobody at least in regards to Google search results on his name. Mostly comes up with a few patents and court documents for a few custodian plays in NV.
I am assuming he is working for someone else that really knows what they are doing. That's a positive thought.
If he is working for someone that just wants to sell the company as a "shell" to whoever out there? That's more of a gamble on our odds of doing well here.
I imagine with the last rule changes that it's not worth the time and trouble to take over a pink on expert market as a custodian to get it back current status in "hopes" of selling shell? There are plenty of "shells for sale" on the DealStream website right now at an assortment of prices.
If the CEO has never had a "news release" or online footprint with his name on as a company director, we can assume someone else is taking over this shell and will release news. That's an "assumption" on my part. If you are reading down this far in a post, I want to say something. I like to keep it real. But how it really turns out for most companies in the OTC, "I have no comment."
If anything comes in to VCBD that removes shell status, it will be huge. If anything comes in that will take it to QB or QX to regain "solicited quotes, it will be nuclear. That's going from a copper coin to multiple silver coins based on either scenario. And it's also called hitting the lottery in the OTC.
Or maybe nothing happens and we stuck holding? It will normally fall from these levels if it takes considerably more time for something to happen. No need to sell when it falls. Could hit anytime in the next 6 months. Maybe 9 months max. After that, total loss in most circumstances. That's just me talking on my guess of the timeline and odds here.
I have the theory that Premashanth Kumalarsan was chosen for taking the job as CEO for these few custodian plays because his name is off the radar with the Google searches. The people or person wanting the shell did not want their name involved until "a lot of things were done".
I am not going to be posting a lot but I enjoy bouncing thoughts around. This is not a trade for a lot of people. The DD on the CPA is dang interesting but not enough to buy and hold for many months in hope of 3 scenarios below.
A. Nothing happens and total loss after months of hoping.
B. Only drop shell status and not regain "solicited quotes" under the rule 211 crap with a sponsoring market maker. Still a penny or little more at least in my opinion if the business model supports it. I will call that a potenital 10 bagger+ scenario.
C. Drop shell and status and regain a market maker soliciting quotes. I will call that a potential 25 bagger+ scenario.
I did a lot of DD on that ATTY that I listed in my DD that was listed on a court document as "other party" in one of the CEO's custodian documents. I do not think it was the ticker but it was this CEO. That ATTY did work for 2 clients specifically with custodianship stuff that ran 25 fold on the charts around 4 to 5 years ago. He also had one client that did not do worth a crap with the tickers he took over and most got delisted. All hat was before the rule changes. I do not know if the rule changes slowed down custodian plays or it was just a market thing? That Atty listed as "other party" places a 50/50 bet. We don't know which party unless any of you lazy people want to sensible to a legal website to retrieve documents in hope they will show it. I imagine they do. Still means nothing is coming.
Anyone that has read all this, please stand up next week and respond to this post. Don't tell me the PPS is going up next week. I only want to have conversation about which of the 3 scenarios above could be happening.
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