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Sometime these message board will get you in trouble money wise....I bought on the forward split news...now it trading at half penny I'm in at .02....I should have been smarter.
Did any astute investor think otherwise?
Still no forward split.
Guess it was just a hoax to pump the stock.
I see I should have stayed away from this turd....looks as this was just a pump and dump.
Who knows with this scam.
So, the forward split to put the PPS at $0.0002 isn't happening?
All the buying.
What's interesting?
There was no corporate action posted to FINRA for a forward split, so it isn’t happening anytime soon.
The longer they wait on the split date the more it will look as if it's not on the ups and ups.
I think you guys don't understand the date I was talking about is last month February 28th. which has past of course....that was the last date to get in on the split.....the actual split date has NOT BEEN SET.
Sure would be nice they would let it go to the 28th. To get in.,,
Talked with tda and they say the 25th of feb.
sure hope you are right, would make a big difference for me
The latest day to buy was the Fri 25th. I too thought it was the 28th.
Had a bunch but added on the 28th. Oh well win some lose some.
Damit
You'd see it on the daily list first with an effective date. If they even submitted it, I expect FINRA scratching their heads on why a stinky pink company wants to put their PPS into the trips and bloat their share structure.
I've found out they haven't been given the actual split date yet...I think this is the latest date to buy to get the split.
Monday is the 28th. that's when the 25 to 1 forward split is to take place....can't wait.
Investors, this is the final warning as to how bad things will get here.
BETTER BUY NEXT TUESDAY IS 25 TO 1 FORWARD SPLIT DAY.
$VTXB Vortex Brands Continues to Expand with Purchase Of Additional S19j
Press Release | 02/16/2022
Vortex Brands Continues to Expand with Purchase Of Additional S19j
PR Newswire
DENVER, Feb. 16, 2022
DENVER, Feb. 16, 2022 /PRNewswire/ -- Vortex Brands Co. (OTC: VTXB) announces it has acquired 5 additional S19j Pro (100th) for its Bitcoin Mining operations increasing its current order of S19j Pro to 19. The Company is expecting its S19j Pros to begin coming on-line in the this month. This represents the 3rd purchase of new mining equipment for the company this year.
We launched our bitcoin mining in September 2022. 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-continues-to-expand-with-purchase-of-additional-s19j-301483662.html
More good news and the PPS is still tanking.
And investors will get wiped out afterwards.
Mark this post.
2 weeks from today the 25 to 1 forward split.
This one has been holding ground upper .01 range.
Got awfully quiet. Investors figure out the scam yet?
Divide $3658 by 311,250,000 shares.
Just curious do you know the amount that was paid per share?
I think this stock price will do very well after the forward split....it should run up some before the split.
Got in, got out, staying out. Makes no sense on any metric. Good luck here. Last post.
That makes perfect sense. Must be a scam, as someone said maybe to pump the stock a bit to sell.
Knowing the history here, I believe it is all part of an elaborate scam.
The FS has no room for the 1 A shares.
Understood. But surfkast, why would they want to forward split? This almost never happens in the OTC, most OTC companies reverse split. Their statements in this PR contradict themselves IMO ("make Vortex's capital structure more attractive to a wider range of investors"). How does the proposed "forward split" accomplish this?
The latest filing on 2/1/2022 with the Colorado SOS increases the A/S up to 9 billion.
Thus they intend to only FS the Outstanding Shares which are 311,250,000.
I still believe there is something fishy going on as the 1 - A is offering 2 billion shares.
https://www.coloradosos.gov/biz/ViewImage.do?masterFileId=20051182847&fileId=20221125245
1 A
https://www.sec.gov/Archives/edgar/data/1373467/000147793221005977/xsl1-A_X01/primary_doc.xml
It’s a pump. They’re selling stock into it.
I would be embarrassed if I was you. For not understanding a simple concept of a forward split. Considering how the market has reacted most disagree with you.
Ok, so now I do think again that they intend to do a reverse stock split. Even though they announced a forward split of 25-1, it still makes no sense. They said they want to make their capital structure more attractive to a wider range of investors. In the current share structure, there are 311 million shares. x25 that is 7.7 billion shares, and their authorized shares is only 3 billion. Also their share price would be /25 so it would put the share price at .0008 in the trips, which is very UNATTRACTIVE
OK N/M you are correct I'm wrong. But why would they want to put their share price at .0008?
You must be the person who created the PR for them? Maybe you should do a google search LOL
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.
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