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I appreciate these updates on Cathie Wood. Thanks for posting them.
I stopped speaking of Empowered Dynamics on this board because someone posted evidence that they were dead. I have continued to believe that we would be seeing Rick and Barry in a later scene in the movie. The chance of him losing his own funds on an EUA play appears to be fairly slim. He has been around too long to bankroll a long shot.
The other Versea divisions are not registered separately. The exist as part of Versea Health.
I've been watching Sunbiz and the proliferation of filings by the various components of Versea including the foreign opthalmics subsidiary that is incorporated in Delaware. There is some fancy footwork being exhibited in the dance.
Cases are being reassigned to Judges rampantly. This one should be reassigned soon.
24 Trading Days now basing at this level. Something's gonna happen soon.
Waiting to see if we get a gap fill and base on the 200 DMA. That's my sense of what will set the stage for the next phase of the rally. Convenient that market conditions are facilitating that.
Looks like the Fair Fund issues have mostly been resolved. I'm looking forward to the next phase of the game after descheduling.
I reread the last few years of financials and am left with the impression that they partially used their CBD business to build a distribution chain applicable to weed. Then in the last year to control cost they backed down on their marketing expense keeping the chain letting sales slow. It feels like they are ready to flip a switch and kick off pot sales.
Deal time is near.
Thanks. I figured that the AS was in there somewhere. How could there be a derivative liability for insufficient shares with the new AS?
There was still an insufficient shares derivative liability entry in the balance sheet. That must be a pretty extreme liability if a billion shares doesn't cover it. I didn't see the AS increase addressed. Did anyone see where that was addressed?
I'm cranky because I just finished my first week of fasting. Its my annual pre-summer tradition.
It looks good. I'm glad that they went with a very healthy eye optic rather than a sick eye needing treatment. That will attract more eyeballs.
You seem to be the only person on Ihub following NPTX besides myself. What do you think is happening there? Its part of all of this being a subsidiary of MJNA who holds a big share of AXIM
Or maybe just Versea. Funny you didn't like the idea of Versea going public when I posted it way back on another board. How on earth could anyone acquire AXIM with all those notes out there allowing the insiders to incrementally take the company private. The same cast of characters rode NPTX into the ground rather than giving up their notes and push options.
The company is essentially being taken private as the notes are slowly converted. Feels like time for the insiders to make another big grab and tell the world that they are saints for funding the enterprise.
All I expect to learn Monday is the AS and OS. Why do you think the future will be revealed? Why set yourself up for disapointment?
Whomever it was that asked me to use my Pacer Account to check on the employee civil rights employment lawsuit, It was settled and vacated last Friday.
How will you will see the submitted date without checking the case?
I am starting to believe that it's more than just blue light from screens and lighting that causes DED. I think that the prolification of BT and WiFi may also be related.
There is also the NPTX ticker and the variable AXIM notes that need to be converted when the acumulation phase wraps up.
I've been here since the first beginning with Dr George. It's been a long road.
Similar to your Operating Parameters
So that's why some of the employees like Jessica has an address on their business cards that was essentially a mail drop at a shared office in Tampa.
Wow Tex! You think volume will increase sufficiently that Versea will need to expand their warehouse and accounting infrastructure? That's a lot of readers and tests.
Both of them look the same so it looks like it took just over 2 months for both. One can dream though. I just wish Bigcharts would start working correctly. I wasted so much time this morning trying to get charts to update I didn't give this enough time.
Versea has a lot of these under their belt. This is something that they clearly know how to get done.
The approval shows
Date received
Date approved
My assumption is that date received is the application date.
Versea got a few positive decisions from the FDA published today. This one for example https://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfCLIA/Detail.cfm?ID=40027 with WAIVED approved 4 days after the application. That would imply that Versea could submit the wavier request on Monday hours after the 10K is released and have an approval on Friday of next week that would be published by the FDA the following Monday April 22. This one as well WAIVED in 4 days. https://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfCLIA/Detail.cfm?ID=40028 These were categorized as substantially similar SESE so they were apparently the fastest to process but it seems that the FDA is moving very rapidly these days.
I disagree. I expect the new judges to go after the oldest cases and shorten the response time. I am grateful to George sharp for bringing to my attention that the old cases are being "rampantly reassigned". It implies tome that they are going to rip through the old backlog. Time will tell. Its time to start clicking on the case status daily again.
The news from George Sharp today really uplifted my spirits.
1. The court has been backed up - We knew that from watching the case progress
2. There are 10 new Judges in place to handle the work load.
3. Cases are being rampantly reassigned. That's what I would expect with 10 judges hired to handle the workload.
I think that GS did that post to let us know that the wait is almost over and he expects the case to be assigned to one of the new judges who he expects to rule on it quickly. Its a case that can be quickly processed and removed from backlog since the bulk of the work is already completed and it just needs a ruling. I'm going back to clicking on the case status daily now. Great news going into the weekend.
Thanks for posting those responses. I had always believed that companies could sell stock by raising the OS within their AS to dilute into the market or to satisfy conversions of toxic lenders. On an unrelated stock where the OS keeps increasing and the company changed the AS the Transfer Agent told me that they were running out of Treasury stock even though 95% of the AS was still available. I've been trying to make sense out of that comment and also see how it applies to my other OTC investments. I have not been able to get him back on the phone since so its been bugging me.
Thanks for that input.
Since you have researched this issue can you explain something to me that I have been having difficulty researching. If company desires to sell shares into the market to raise capital over time and the shares are available in the AS can they just create the shares as they sell them by reporting an increase in the OS? Or do they need to do an S-1 or other filing and issue shares into their treasury first? I am struggling to understand the dilution process for stocks with a high AS.
They need to to something Tex. They increased the AS on Silver Flume and on a subsequent date updated OTC Markets that there was no change. The 10K really has to address the OS/AS issues. If the AS is really 1Billion Shares it is hard to imagine that they have insufficient shares.
I touched base with OTC Markets today. They are going to get back to me regarding the reason that the stock is not current with the attorney letter in place.
A question that I have regarding this stock and stocks in general that maybe someone here (Tex?) can address. If a company wishes to dilute by selling into the market or to a private investor to raise some cash where do the shares come from? Do they just need to be available in the AS or do they need to exist in the treasury? If that is the case how do they get there. Does it require a share issuance action like a S1 or is it an administrative action taken on by the company.
So a 15C is not needed for this reason on all of the stocks that one can see the bid and ask? That would cover everything except Expert Market. Is that correct?
I don't want to go over 5%