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That is a forward split. You get 25 shares for each 1 shares you own. If it was a reverse you would get 1 share for each 25 shares you owned. You just said you get 25 shares for each 1 share. That is the definition of a stock forward.
Ok, can you prove it's a forward split? They said 25 new shares for every 1 old share. That is called a reverse split.
That is not correct. It is a stock forward. Why are you spreading misinformation.
If it's an error their responsible and liable.
LOL, they announced a "forward stock split" but really it's a reverse stock split. Idiots don't know the difference - they are clearly describing a 25-1 reverse stock split to make their price higher, therefore more attractive to investors. a 25-1 forward stock split would put the share price at .0008. Glad I was able to bail out with profits, sorry for the people who didn't realize their error.
Watch for continued dumping and possible a revocation of the split.
We just took a hit on the down side maybe a stop loss got taken out....hope that was all.
As we get closer to the split date the PPS will move up.
Read a lot of these messages and Have only one thing to say.
Naked shorting is done by the market makers not by individuals. MM's will make sure all shares are covered before they get caught short. The MM's have so many days to cover before the SEC will take action. The cost to short pennies is astronomical so I doubt many do it.
all mho
i just got notified that i got a cash dividend from vtxb.
anyway, it was only for $5.20. it said they either automatically reinvest it here or pay cash. so i guess i got cash.
Newc, key dates to understand...
To keep it simple, go by the Date of Record for the Forward Split that you will see posted here within the Daily List provided by FINRA as such was for the VTXB cash dividend:
https://otce.finra.org/otce/dailyList
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167597573
To get an understanding of what the Date of Record is, I would read these links below as there seems to always be some slight differences of thought on the matter by some:
https://www.investopedia.com/terms/r/recorddate.asp
https://www.davemanuel.com/investor-dictionary/date-of-record/
https://www.nasdaq.com/glossary/r/record-date
https://www.dividend.com/dividend-investing-101/dividend-dates/
https://www.finra.org/filing-reporting/market-transparency-reporting/uniform-practice-code-upc/faq#1-4
v/r
Sterling
$VTXB Vortex Brands Purchases 8 Additional S19j Pros, Brings Total On Order to 14
Press Release | 01/24/2022
Vortex Brands Purchases 8 Additional S19j Pros, Brings Total On Order to 14
Increasing Current Bitcoin Mining Capacity by 100%
PR Newswire
DENVER, Jan. 24, 2022
DENVER, Jan. 24, 2022 /PRNewswire/ -- Vortex Brands Co. (OTC: VTXB) announces it has acquired 8 additional S19j Pro (100th) for its Bitcoin Mining operations increasing its current order of S19j Pro to 14. The Company is expecting its S19j Pros to begin coming on-line in the coming weeks. These 14 total units represent an increase in mining capacity of approximately 100% to 2,800 terrahash.
We launched our bitcoin mining in September 2021. Since that time, we have expanded our bitcoin mining operations and began executing on our dividend policy of 15% of the net proceeds generated from the bitcoin mining operations.
As promised, we will provide as much transparency as possible to our shareholders regarding our Bitcoin Mining operations. As part of this, we will provide updates from the mining results to provide our shareholders with up-to-date information instead of making them wait until quarterly filings are made. Shareholder are encouraged to follow progress by viewing our corporate Bitcoin wallet address as provided below, to track our daily progress.
The wallet can be viewed by shareholders at: https://www.blockchain.com/btc/address/38xnQP3mbWoDQTqLZy3GFMZyd2bwigvwCp
About Vortex Brands Co.: The Company operates as Technology Holdings Company that focuses on cryptocurrency sector, particularly Bitcoin Mining. Additional information is available by visiting company's website at www.vortexbrands.us or on twitter at https://twitter.com/Vortexbrands.
*Revenue related calculations. Please note that the Company believes that any revenue related calculations are accurate and based on factual information, there can be no assurance that the Company will be able to achieve all projections due to number of business-related factors, such as power pricing, mining equipment availability, bitcoin mining difficulty, bitcoin market pricing and other unforeseen issues in deploying its mining rigs. You can view update information on Bitcoin Mining by visiting https://minerstat.com/coin/BTC
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, copies of which may be obtained from the SEC's website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.
Cision View original content:https://www.prnewswire.com/news-releases/vortex-brands-purchases-8-additional-s19j-pros-brings-total-on-order-to-14-301466476.html
SOURCE Vortex Brands Co.
Is there a difference if the forward split happens before, on, or after the distribution date of dividend?
Wade is coaching the game. He is using puppets for his scams.
A FS is his new play!~
Buscar Company Forward Split
Buscar Company Announces 3 ½ for-1 Forward Stock Split.
BEVERLY HILLS, CA / ACCESSWIRE / January 24, 2022 / Buscar Company, Inc. (OTC Pink:CGLD) is announcing its plans to execute a forward share split based on three and one-half (3 1/2) new common shares for each one (1) old common share (the "Stock Split"). All shareholders of record as of the record date of February 11, 2022, will be entitled to the Stock Split. The total market value of the shares outstanding will not be affected because of this forward split. We are currently finalizing the filing for FINRA and are required to file with FINRA 10 days prior to the record date.
Contact:
+1. 833.539.4777
office@cgld.email
They have more stock to dump on the naive...
33M shares so far into this relentless fluffy PR pump.
$VTXB Vortex Brands Purchases 8 Additional S19j Pros, Brings Total On Order to 14
https://www.prnewswire.com/news-releases/vortex-brands-purchases-8-additional-s19j-pros-brings-total-on-order-to-14-301466476.html
DENVER, Jan. 24, 2022 /PRNewswire/ -- Vortex Brands Co. (OTC: VTXB) announces it has acquired 8 additional S19j Pro (100th) for its Bitcoin Mining operations increasing its current order of S19j Pro to 14. The Company is expecting its S19j Pros to begin coming on-line in the coming weeks. These 14 total units represent an increase in mining capacity of approximately 100% to 2,800 terrahash.
We launched our bitcoin mining in September 2021. Since that time, we have expanded our bitcoin mining operations and began executing on our dividend policy of 15% of the net proceeds generated from the bitcoin mining operations.
As promised, we will provide as much transparency as possible to our shareholders regarding our Bitcoin Mining operations. As part of this, we will provide updates from the mining results to provide our shareholders with up-to-date information instead of making them wait until quarterly filings are made. Shareholder are encouraged to follow progress by viewing our corporate Bitcoin wallet address as provided below, to track our daily progress.
The wallet can be viewed by shareholders at: https://www.blockchain.com/btc/address/38xnQP3mbWoDQTqLZy3GFMZyd2bwigvwCp
#23 on BOB shorts to cover
LOL
Thats like the definition of NS..Dont prove that VTXB has NS in it..NS in the otc is a cop out excuses to cover for frontloaders,insiders,etc..
Nice try tho
That’s old crap and the reason Reg SHO was updated a decade ago. Naked shorty is a myth on the OTC to provide a scapegoat for front loaders, toxic lenders, and the company selling stock. It isn’t real, just another thing sung in chorus to convince the naive that a “squeeze” is possible. Don’t believe it? Call your broker and tell them you want to “naked short” this stock, see what they say.
It is fluffy pumper crap they’re diluting into and nothing more.
With you Sterling. As I posted on this earlier the cash dividend and followed by 1:25 split is a brilliant way to trap naked shorts. First one (cash dividend) forces to account for every legitimate share and exposes illegal naked shorted shares and the following 1:25 split puts tremendous pressure to cover soon. Imagine if the shorts have to cover 25x their naked short position and that too if post split shares trades in penny range. Time is really running out for the naked shorts to cover. I really think that is what triggered the huge buy on thursday and we saw how fast it moved due to tremendous buy volume that came in. This could make a historical move this week and next couple of weeks
SEC Proof Naked Shorting is real and exists...
Again, I have not made the time to research if there are any naked short positions in VTXB, but here is proof, per the SEC, that Naked Short Selling is very real and truly does exist:
https://www.sec.gov/answers/nakedshortsale.htm
v/r
Sterling
trader59, with the VTXB Cash dividend...
The amount is small, thus far, but maybe VTXB is issuing a cash dividend for other reasons. Maybe they have proof that VTXB has been naked shorted. I don't know actually, but I suspect at some point in time the dust will clear regardless with issuing a cash dividend quarterly and a 25-1 Forward Split. Let's put this into perspective.
With a cash dividend, the Marker Makers (MMs) that are assisting with the naked shorting (if it exists for them or their clients) can't mask a covering because they can't fictitiously create cash that is specifically designated to legit positions of shareholders that actually exist like how they can electronically create shares within their system to mask a covering of any naked short positions as suspected.
Then, with a 25-1 forward split, "if" any naked short positions exist, then the problem of covering will become 25 times greater for covering to take place after they execute the forward split. I haven't really killed any brain cells to verify if there are any naked short positions within VTXB because it doesn't matter what I think, it matters what VTXB thinks and then it matters what the market would think for a covering.
The news seem to be building up to a climax. So far, we haven't really seen any tremendous or huge news that would really really bring the interest from the market, but if they are sitting on some really big news, then VTXB will get very very interesting with all things considering. I'm patient enough to sit back, relax, and see what will happen.
v/r
Sterling
Calling Todd doesn't do you any good. (If he will return your call) Nobody will touch those shares through the "company ". I have been sitting on mine for over 2 years. After the 25-1 split and it's in triple 0 it will be even harder. I think this is all a ploy so that the people that did invest with Todd will never be able to get their shares. If those shares were tradable the stock would tank. JMO
Whatd I tell ya? Still diluting. That offering has sold 30million shares(750m post split)(300k$) All you smarties are buying at 100%+ more in the market instead of calling up Todd Higley for that .01 entry lol.
If not naked, call them air shares, irregular shares, fake conversions and many other tricks. Very real.
"Naked shorty" isn't real. The OTC peddles that crap as an excuse for those that are selling stock and taking their profits. This company always has been and always will be a pump and dump scam.
Explain the situation at GTII...
For sure, watch the squeeze next week now that shorts have to cover their naked short positions since dividend distribution is next week. With this low OS no telling how high this can go in this squeeze. We saw a preview of this on Thursday, now actual action next week
The dividend is for exposing naked shorts, not to woo investors.
Its to weed out naked shorts, not to wooh investors obviously.
Sure...
$3658 divided by 311,250,000 shares equals $0.000011753 per share. If you're into percentages, that's a 0.06% quarterly dividend...
Minuscule is the word for that, it is just pumper fluff from a scam company that started diluting right when that "news" hit the airwaves.
Authorized Shares
3,000,000,000
01/21/2022
Outstanding Shares
311,250,000
01/21/2022
Restricted
166,500,000
01/21/2022
Unrestricted
144,750,000
01/21/2022
Held at DTC
99,450,000
01/21/2022
Float
207,100,000
07/23/2021
The dilution is very evident, and right after they issued the fluffy PR's about a "dividend" and split...
That is textbook pump and dump and everybody knows it.
trader59, email VTXB and report back your response if you have dilution concerns.
And here's confirmation they're still diluting... another 15M shares added to the O/S since the 20th:
https://www.otcmarkets.com/stock/VTXB/security
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167485809 for reference, 38M shares added since it was "important" they weren't diluting.
So now the "dividend" is $3658 divided by 311,250,000 or $0.00001175 per share. 10M shares, a $190K "investment" will get you $117.50...
Wow, Nice find on official confirmation by FINRA. Wild move up in pps coming
FINRA Confirmation of VTXB Cash Dividend...
Below is the FINRA confirmation from their Daily List of the VTXB Cash Dividend. Next is the 25-1 Forward Split:
Held at DTC is the float: 81,450,000 those are the readily tradeable shares. Other unrestricted are probably held in certificate form, not as liquid.
Company reportes 207 million float last Summer, but claims unrestricted is only 129 million now?
Total nonsense as the unrestricted can't be less than the float.
Total increase in OS in 3 months is 20 million shares!
Company still diluting I see.
Oh wait. It is the MM's naked shorting.
Naked shorting, i'm still surprised how some will spend lengthy important words to say there is no naked shorting.
Naked shorting and shorting is the reason the new SEC laws came into play.
years ago a man posted on Twitter that he lost one million dollars on a penny stock and dug into it to find out how it happened. He found out Nite was making up shares and dumping them into the market and then clearing them in a back room, and some they didn't even bother to clear. Nite has been fined millions but they make way more than they are fined.
last i did a search on this about a year ago it seems that Reddit has posted it in their site, can't find it anywhere else.
There has been a lot of pressure put on the SEC to clean this up, but it is obvious they have found a way around the new laws.
They have to give the company a letter of credit to borrow stocks to short
Well all you need is a banker and a company that wants money.
they can lend out of their OS which is not recorded because they are lent
MM dumped the stock
split the profits
nothing has changed, might even be worse because now it is legal
a typical example is GGII, stock was going through the roof
then i saw a video where they were having a big thing going and they were in this hotel room, and the CEO says why should my stock be shorted, then he tried to cover it up and say or any company for that matter, let it grow naturally. He is an x stock market trader and knows people down there. Stock price was around 8 cents then
Lend your stock, get a bank letter to cover
dump stock
split the profits
OS stays the same (that's just my theory)
Good Trading To You
Ah, so it's important they didn't dilute again, and for a whole day!... Good to know.
Now, think they sold all the 19M shares they diluted in the last week, or did they perhaps hold on to a few?
Btw, otc updated and no change in OS! For those who claims dilution here is your proof that company didn't dilute even a single share today in spite of huge volume traded. Selling towards later in the afternoon are from profit takers and short sellers who were digging up their own grave by short more. Watch the pps move tomorrow..
I am done replying to you my friend. I don't need to explain to you if you don't even want to do some research on it
Zero shorts at last check.
https://otce.finra.org/otce/equityShortInterest
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