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I was told the same thing ..not sure what's going on here...
wtf is going on here?
thanks for the info
READ BOLD.IF YOUR COMPANY TRADES IN EXPERT MARKET AND WANTS TO GET RELISTED
What Is the OTC Markets Expert Market? Securities Lawyer Blog
Most of the companies quoted on OTC Markets are not able to meet the minimum listing requirements for trading on a national securities exchange. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it difficult for the public to find current, reliable information about those companies. Companies quoted on the OTC Markets are divided into four tiers, the OTCQX, the OTCQB, the OTC Pink and the Expert Market. Companies on the Expert Market provide the lowest level of disclosure in comparison to other OTC Market tiers. As a result, trading is limited to quotation on an unsolicited basis.
On October 15, OTC Markets reported that “2,247 former Pink No Information securities shifted to the Expert Market tier, where securities may only be quoted on an Unsolicited (customer order) basis. Quotes of securities in the Expert Market are “Unsolicited Only,” which means that trades of securities subject to unsolicited quotation in the Expert Market are only available to broker-dealers, institutions and other sophisticated investors, and not average investors.
The SEC’s amendments to Rule 15c2-11 became effective on September 28, 2021. Amended Rule 15c2-11 eliminated broker-dealer quotes of securities of issuers that fail to make current information publicly available. With the amendments to Rule 15c2-11, the OTC Markets Group Expert Market became the platform for broker-dealers to publish unsolicited quotes of securities designated as “No Information” securities. Typically, these are companies not subject to or not in compliance with SEC public company reporting requirements.
Because of the restrictions imposed on securities quoted on the Expert Market, most investors will not be able to publicly sell their shares. Additionally, they will not have access to bid and ask prices or other information, including trading volume. As such, Expert Market shares are illiquid.
Companies moved to the Expert Market from another OTC Markets tier can apply to relist on the OTC Pink or other OTC Markets tier by becoming an SEC reporting company, submitting a new Form 211, and meeting OTC Markets requirements for the particular tier.
Hamilton & Associates Law Group can assist companies on the Expert Market with uplisting to other OTC Market tiers. For further information, please contact Brenda Hamilton, Securities Attorney, at 200 E. Palmetto Park Rd, Suite 103, Boca Raton, Florida, (561) 416-8956, by email info@securitieslawyer101.com or visit www.securitieslawyer101.com.
This securities law blog post is provided as a general informational service to clients and friends of Hamilton & Associates Law Group and should not be construed as and does not constitute legal advice on any specific matter, nor does this message create an attorney-client relationship. Please note that the prior results discussed herein do not guarantee similar outcomes.
Hamilton & Associates | Securities Lawyers
Brenda Hamilton, Securities Attorney
200 E. Palmetto Park, Suite 103
Boca Raton, Florida 33432
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From what I was told filings are getting resubmitted due to some accounting issue and should be filed again shortly..
Yes .it's Chesapeake and spoke with Bob at Renewable Innovations ..They are very committed to fix this situation ..
Yes I was told this last week when I called the Investor relations and the company and spoke to the CEO. Give them a call if you don't believe me
Mostly accounting issues and everything needed to be done over.. pain in the ass
To all ..Update filings in the making .. spoke with I/R and the CEO ..they are doing lots of work here!
Been adding here ..Looks like this could be a huge runner..jmho ..
Time for the Gap up ... Hard push .. Ready to go! ..Cleared for takeoff!
Good Morning everyone... get ready $HNRC had nice earnings ..now hopefully we can see a nice pr or update.. i got a feeling something big is brewing here.. jmho
Good Morning Tommy.. Been a while ..How's everything?? Hope all is well ..
$REII ~ News Out ~ Renewable Innovations Signs Joint Venture Agreement with MENA Holdings, LLC
https://finance.yahoo.com/news/renewable-innovations-signs-joint-venture-120000165.html?.tsrc=fin-srch
buying this dip .. thanks for the shares!!!
That's not the news.. Something else is brewing here...anyways this is undervalued ..jmho
Just a guess but I think we see an update soon.again jmho
$PHIL ~I don't think there is any reason to own why bother??? Henry even said it!!! with 35 billion shares!!!?? what a dumbass>all jmho. Been here for years and Henry is doing the same ole' stuff!!! C.C nothing new.. but how and why do another promise{ Easter or weeks coming} with nothing to offer when every other investor bailed.. I don't believe that was Henry's decision.. That's bullshit!!! That was inside investors {Vietnam} watching the investments going to the ground!!! But how funny is it NOW here comes back to reach out to investors {shareholders>USA}?? but yet better investors that really want a better bargain!!!? ..But oh wait.. better yet, there after the common shareholders left in the dark....!!! Stupid stuff, but he could not defend the idiot actions that he took to get here ! ..show proof and real results until you Mr.Henry regain any trust.!!.add a further note.... I know the cash is getting eaten up ......this guy can't even get filings done!!stop jerking off in Vietnam because they suck!!!...Don't use the U.S company to promote a Vietnam whore!!! .. I suggest change the name from $PHIL to #SUCK !!! nuff said God Bless!! ... 20 bucks Nasdaq or .000002 or.0000001 Yikes!
Thanks for sharing the video. I still have my same position as before and I sold today.. I will wait until i see results!! thanks again
$PHIL ~Too Late Henry..I'm out!!! I don't wait and don't want to listen to the B.S ~ Very long-term shareholder .. and this is totally become a gamble than an investment!!!! .. No dividend from APR..for years!!! constantly late filings...and now a complete cluster crap mess to fix these deals and make more filings and it's a never ending mess.. Get this mess together and maybe I will care to listen.. But actions speak louder than words!!!.. For now I am out ..There is no clarification to the shares what is owed or obligated to pay.. I as many investors gave plenty of time and faith to promises that always never never meet a deadline.. Now with this mess I will wait to see how you intend on a buyback, dividend or real solid plan to create shareholder value.. again Henry .. Actions speak louder than words.. Buy the way ...only reason for a C.C is that nobody will recover from the losses in shareholder value ..including the billions of shares now floating around everywhere... my guess is over 100-150 million that will never be recovered in anyway.. explain that! .. I will listen to the C.C but I will not buy into this B.S .. there are better investment and 1000's of other better investments that will make profit.. all jmho but also honest! good luck and God Bless
$PHIL ~PHI GROUP INC @PHIGROUP ~Open message to Henry : DO AN IMMEDIATE C.C..LIKE RIGHT NOW !!! Explain to investors wtf is going on!!!!.. DO THIS ASAP!!!!!
Good Morning Everyone!!! Rise and Shine!
"“2. Time frame. Due to additional administrative and legal requirements in connection with the Investor’s release of funds, within thirty days of the signing of this Amendment, the Investor will provide or cause to be provided fifty million U.S. dollars (USD 50,000,000) for the Company to resume the implementation of its building plan. Additional amounts of capital will be provided to the Company by the Investor at various intervals as needed to ensure uninterrupted construction until the completion of the project.”
https://www.otcmarkets.com/filing/html?id=16517082&guid=sSA-k6xdJQE_B3h
$PHIL 8K
Section 1 – Registrant’s Business and Operations
Item 1.01 Entry into Material Definitive Agreements
First Amendment to the Investment Commitment Agreement signed February 21, 2023 among Philux Global Group Inc (f/k/a PHI GROUP, INC.), Philux Global Funds SCA, SICAV-RAIF, Philux Global Vietnam Investment and Development Company Limited and Saigon Silicon City Joint Stock Company.
Effective March 21, 2023, PHI Group, Inc., the Registrant, (n/k/a Philux Global Group Inc.) and Saigon Silicon City JSC signed an amendment to amend Article 2 of the afore-mentioned Investment Commitment Agreement as follows:
“2. Time frame. Due to additional administrative and legal requirements in connection with the Investor’s release of funds, within thirty days of the signing of this Amendment, the Investor will provide or cause to be provided fifty million U.S. dollars (USD 50,000,000) for the Company to resume the implementation of its building plan. Additional amounts of capital will be provided to the Company by the Investor at various intervals as needed to ensure uninterrupted construction until the completion of the project.”
https://www.otcmarkets.com/filing/html?id=16516937&guid=sSA-k6xdJQE_B3h
Good Morning Bulls !!! Let's teach these shorts a lesson!!!
Thanks for the shares!!! This is a steal!!!
Chesapeake Group
410-825-3930
info@chesapeakegp.com
Here we go !!!! Later flippers and shorts.. HOD on the way Big swing coming! jmho
Get ready ...pressure is building and going to run ..Mark my post!
I have spoken to I/R directly about marketing $REII so investors have a better idea about the technology and to create a program with management that makes sense .. I was told it was in the works and that was almost a month ago! .. Investors should really press this I/R team to issue some results! jmho
Good Morning Everyone... Let's watch this baby run today.. she's ready!
Happy St.Patrick's Day!!! Let's Go Big GREEN!!!!
This will move much higher ..jmho.. shorts and flippers gtfo.. ask slappers make this low floater 50-60 range.. again jmho.. Target 2.00 min,,too much to do here.. let's get it on!!!
This not a p&d...sellers will regret ...we got the volume building here .. ready to rip! ..jmho
Power hour should be interesting.. 20 cent break and she is gonna rip..jmho
Get ready.. Could see a another nice run here .. can we get those 20's to drop and off to the races!!! jmho
I can't wait for that deal to close.. I am loving everything I read on this company!
Lookin' good here Ace .. so glad I was adding all week!..this can make a huge run anytime ..
News Out !!!!!! ~Renewable Innovations’ Reports FY 2022 Year-End Financials Including Revenue and Growth of 837% https://finance.yahoo.com/news/renewable-innovations-reports-fy-2022-130000736.html
I been loading all week here .. From what I see this stock is way undervalued.. I can't believe this is trading at this price..I might just add more today ..I can't wait to see an update here..