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NUVI Chinese reverse merger incoming hyxinvest.con. OTCQB up listing in latest filing. This one can really move. Float is only 21,000,000.
I emailed Buzz and he said they are working on financials to get it current again.
So I looked again at Hans’ tweet about what was required and saw the name from the person who sent it and it is from FINRA, not OTC Markets.
This division of FINRA deal with stock splits, name changes, dividends. It has nothing to do with becoming current or having the profile verified.
Maybe Hans just is giving up because he know he can never do a reverse split.
GS already said those shares cannot be converted and will be cancelled.
Another plus is those that held, profits will be taxed at 24%. Long term games!!
I think we will see something around the second week of December. He might not being given updates on the verified status because OTC doesn’t like any tweets that can be taken as pumping.
I am in $MEDH and the same thing happened while the CEO was waiting for access. He went dark for 39 days and didn’t say anything until he got OTC Access.
I also read somewhere that OTC Markets refused OTC access due to social media posts that they felt were pump like.
He is just referencing the show “Wednesday” on Netflix, unfortunately.
They both are true.
He submitted them and decided to go the SEC route. Maybe he pulled the application, so now he has to refile. He wouldn’t have an application submitted with OTC and the SEC at the same time. Also, Maybe some adjustments have been made to the filings. There are a bunch of reason to refile.
He allegedly filed with the OTC for all three of his custodial tickers. None of those ever submitted any filings with OTC. Two of those tickers are now SEC reporting companies.
So it seems highly probable that his decision to go the SEC route had anything to do with any decision OTC Markets might have or have not made.
Now if the other two tickers who are now SEC reporting had some indication that OTC Markets approved access, such as a verified profile, than I would be more concerned.
I seriously doubt he would spend more money on lawyers to get the debt issue settled and wouldn’t reapply for OTC Access if he was already turned down.
Buying when a stock is near all time lows isn’t preloading, it’s called being smart.
$PBHG has 3.6 billion unrestricted!
More than likely most are not human. MM are manipulating this, like they do with every other OTC stock. Such BS
Nobody has bought any of the 750,000,000 shares in that offering and I doubt they will unless this goes much higher and they can get a 50% discount, so the 750 million shares in your post isn’t part of the O/S as of now.
Yeah, pretty shit deal. The warrants alone at .05 would be worth the amount financed. Only positive is if/when the warrants are exercised, it will only add 22 million shares to the O/S.
Probably was an insider who lent the money.
He actually resubmitted two of them.
Share Structure is the same as it was in the Sept. filing. If it was directly purchased the share structure would have changed.
Not sure it’s dilution. I think people selling after seeing the OS shares in the financials. Unfortunately they saw 4.3 billion OS and didn’t look to see that over a billion are restricted.
Looks like they might have illegally issued themselves just over a billion shares that the TA agent doesn’t have a record of. Add the billion restricted to the 3.2 billion OS the TA shows and it equals the number of shares in the financials. Either way the unrestricted shares that the TA shows would be correct. The total shares outstanding and the restricted shares that the TA posted would be the numbers that would be wrong.
Possible they just are saying we issued these shares to ourselves, but the TA doesn’t have any record of the shares actually being issued.
The number in the financials is incorrect. TA has the correct number. Look at the last SC 13g be official ownership filed beginning of Oct. Coventry Enterprises filing show they own 295 million shares and the filing states that is 9.99% or less of total shares outstanding.
That filing lines up with TA’s numbers.
I think the OS in the financials are wrong. It wouldn’t have went to .007 with almost 4 OS and the TA actually has the records of the shares so their number should be the correct one.
That is what is causing the sell off IMO. The discrepancy between the OS in the financials and OS by the transfer agent. The TA is the one in control of the shares, so that should be the correct number. I’ve reached out to the company through email, but will try calling on Monday if I don’t receive a response.
Reported Coventry Enterprises to the SEC for toxic lending practices. They will be the next the get busted for selling shares without a broker license. Just like GPL Ventures.
https://www.securitieslawyer101.com/2021/sec-charges-alexander-dillion-cosmin-panait/
Yeah, $VGID gets the $AAGC shell and we will get shares of $AAGC as a dividend.
They aren’t a SEC reporting company so why would be there be an 8k?!
Looks like they are attempting to upmost to OTCQB.
Did you see the share update yesterday? Now the float is 9.9 billion. Unrestricted shares before that was under 3 billion.
So the float went from just over 2 billion and was updated yesterday and is now over 9 billion. I’m out.
25 billion warrants exercisable at .000058? “ exercise price of $0.00005844216 per share,” per 8k
TD won’t let you sell period. I just tried and they said “due to corporate action...”
You can’t sell either. I bought this morning and just tried to put a sell order in and it says “due to corporate action this security isn’t tradable” MM must be heavily short here. Stopped allowing buying and selling. Makes no sense.
Nobody cares. This is the OTC. People are buying because the SS is so low. I’ve been holding this for about 8 months. I knew it would eventually run!!
I wonder if the SEC actually read the PR in question. Nowhere does it say their temperate scan system
detects Covid.
Just wait till the next PR comes out. This is .20+ stock easy.
It’s over. Sucks, been in a few of these before and after looking at this companies latest financials I am starting to think they have nothing to do with these systems. They have zero revenue, zero cash, and no assets.
“He has less than a month to put out financials or there will be no trading this do to the new rules from the SEC. ”
Companies actually have until mid August to post financials. New SEC rule enforcement doesn’t begin until 9 months from when the rule went into effect!
It cost about $8k to verify your companies profile on OTC Markets. Financials will be posting soon. Companies don’t spend that money and than not post financials. This will move beyond .001 easy. It has a least one good run coming.
Typical idiot OTC seller trying to unload all his shares at once. Will be good once he is out of shares!
Do you remember that guy that had something like 100,000,000 shares that posted on here years ago? I wonder if he held those shares.