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Sounds like a "pea in the shell" game all around and both commons lose, imo.
KOAN filing: http://archive.fast-edgar.com/20240226/AP22U62CZ22R7ZVZ2A2C2ZY2RDIMRZ22Z262/
and info in filing: Share Exchange Agreement, dated February 20, 2024 http://archive.fast-edgar.com/20240226/AP22U62CZ22R7ZVZ2A2C2ZY2RDIMRZ22Z262/
And I am confused!
Question to the board: When does the 1:6 share conversion happen?
Or did I miss it?
Waiting Period. Bid sitting for a few days; 500k @ .0002 Result = 0 shares
got 600k @ .0002 sitting for last 2 days as a tester - no sellers out there and no shorters with any cajones (or just small a order to do so)
All just imo only
Check out the most recent filings, They can explain a lot plus attorney letter should allow them to go current.
TIA of your interest and review.
Excuse me, but technically you can trade today (for a 2023 loss) BUT it is bunch of fancy paperwork for both years, You got to really want it.
GEGP My trip pick for 2024. https://www.otcmarkets.com/stock/GEGP/disclosure
.0003 x .0004
Not much else but up with all the filings
NXU - you found split already, sorry to bother
Dyslectic me: own a ton on WWIO
Maybe they have already and said it best to ignore us :)
Good to see you again. The Pit is getting lonely.
Didn't think of those, here are the more traditional:
https://www.britannica.com/topic/Boxing-Day
With my mother being Welsh, we looked it as giving to the ones that couldn't give for Xmas
And a Boxing Day for the unfortunate as well
Holiday Break: While many holiday traditions involve feasts of turkey, soba noodles, latkes or Pan de Pascua, this year, the European Southern Observatory (ESO) is bringing you a holiday chicken. The so-called Running Chicken Nebula
https://phys.org/news/2023-12-billion-pixel-image-chicken-nebula-unprecedented.html
Wishing everyone Happy Holidays
Remember anything about the share dividend from awhile back>
Thanks guys
Got a symbol? TIA
Commons 5.3 Mil o/s according to TDA With $3 mil available nets about ,566 share.
Current ask is .46 Not enough wiggle room for the risk of variances imo.
Thanks for the posting
Some clues in the 20 Nov 2023 10Q
WORLD HEALTH ENERGY HOLDINGS, INC .
NOTES TO CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS
E. Board and Shareholder Authority for Reverse Stock Split
On June 21, 2021, Company’s stockholders approved an amendment to the Company’s Certificate of Incorporation (“Reverse Stock Split Certificate of Amendment”) in order to effect a reverse stock split of the Company’s common stock pursuant to a range of between 1,000-to-1 and 15,000-to-1 (the “Reverse Stock Split”), when and as determined by the Company’s Board of Directors. Pursuant to the Reverse Stock Split, each one thousand or fifteen thousand shares of common stock, or any other figure within that range, as shall be determined by the Board of Directors at a later time, will be automatically converted, without any further action by the stockholders, into one share of common stock. The Reverse Stock Split Certificate of Amendment will be effective upon receipt of approval from the Financial Industry Regulatory Authority (“FINRA”) for the Reverse Stock Split and the filing with the Secretary of the State of Delaware. As of the date of this report, the Board of Directors has not determined any particular range for the Reverse Stock Split and no application has been presented to FINRA.
(this still stands imo)
22
Letter of Intent with Cuentas Inc.
On October 16, 2023, UCG, Inc. (“UCG”), the holder of approximately 75% of the issued and outstanding shares of WHEN, executed and delivered a binding term sheet (the “Term Sheet”) with Cuentas Inc. (“Cuentas”), a company currently listed on The Nasdaq Stock Market LLC. Pursuant to the terms of the Term Sheet, UCG will transfer all its shares in WHEN to Cuentas in exchange for the issuance to UCG of that number of shares of Cuentas which will represent 50% of the issued and outstanding shares of Cuentas on a fully diluted basis. It is contemplated that within 45 days of the execution of the Term Sheet, the parties will complete their due diligence processes and execute definitive agreements incorporating the terms of the Term Sheet. The share exchange is contingent on obtaining the approval of Nasdaq and the shareholders of Cuentas to the contemplated transaction, the filing with the Securities and Exchange Commission of a registration statement on Form S-4, an independent third-party appraisal of the value of the Cuentas shares, the grant by the Nasdaq Stock Market of an extension at least through April 1, 2024 for Cuentas to comply with Nasdaq’s minimum stockholder equity requirements and other customary closing conditions. The parties agreed to use their best efforts to consummate the transaction as soon as practicable, but not later than December 15, 2023, unless extended in writing. Either party has the right terminate Term Sheet if the closing does not occur on or before said date or the parties are unable to enter into a definitive stock purchase agreement before expiration of the 45-day diligence period.
Upon the consummation of the share exchange contemplated by the Term Sheet, the board of directors of Cuentas shall be increased to nine members. UCG and the Cuentas Shareholders will each designate two members, with the remaining five independent directors to be nominated by mutual agreement of UCG and the Cuentas Shareholders.
The Term Sheet further provides that each of Giora Rozensweig, the interim CEO of the Company, George Baumeohl, a director of the Company and a principal of UCG, Arik Maimon, CEO and President of Cuentas and Michael De Prado, the President of Cuentas, will enter into stockholders’ agreement, the terms of which are currently being negotiated, reflecting the parties’ agreement to certain matters relating to the management of Cuentas. This agreement is currently being negotiated and will be included in the definitive agreement for shareholder approval.
The Term Sheet also contemplates that at the closing of the share exchange, Cuentas may enter into employment agreements with Giora Rozensweig, the interim CEO of the Company, who shall be designated as co-Executive Chairman of the Cuentas Board. The agreement will be on the same terms and conditions as the current Cuentas Chairman and CEO, and/or co-CEO of Cuentas and an additional Company designated person shall serve in a senior capacity as an officer of Cuentas.
That was awesome.
The other 3: Loss of consortium :)
Buy a big handfull of imaginary shares :)
trading restricted
Ever since I retired, I don't have time to do anything else. :)
Today's News, October 16, 2023
8:30 am ET
Cuentas to Introduce Proprietary Mobile Security Technology to the U.S. Market(Thomson Reuters ONE)
Sorry, could not get direct link but there if you look.
OK, from the Scwab trading:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231016:nGNXd0BCt&default-theme=true
WHEN? Is it now?
I try to keep it simple: Forget about the back-interest, just start paying me the current!!!!
For each 1 CT with face value of $25 at 6.14% simple interest = $1.535 per year
Gimme 3.26 (years) of this and THAT IS (Jersey's) $5 per share!
oh yeah, AND I still own the CT :)
PIPE DREAMing
Got a news link? Not showing on Schwab Thanks
Feeling lonely and nobody listens: Don't worry, the HSA is always hears what you have to say.
LOL, (well, almost)
81,901 partial bot from 900k gtc @ .0001 Do not see on time/sales unless a portion of the 500K @ .0001
Would have liked to have gotten all 500K.
Hi Long time lurker. RWGI just got some action today out of the blue. Maybe a fluke, but who knows why.
Lights, Action, Camera!
A chance or a 1 in 437 year picture:
Newly discovered comet visible in night sky this weekend
https://phys.org/news/2023-09-newly-comet-visible-night-sky.html?utm_source=nwletter&utm_medium=email&utm_campaign=daily-nwletter
May I have another one please. Sorry, just could not resist..:)
Any idea how many shares of KOAN as to number of share for Pegaus?
Latest filing showing who owns most ll shares:
https://s3.amazonaws.com/sec.irpass.cc/2829/0001477932-23-003124.htm
Let's see how they plan to make some $$$, I am along for the ride.
patience! :)
Ahhh, I misunderstood: 6 shares of QREE gets 1 share of FLCX - Period!
Existing management (also the new management) takes their 918,250 Preferred D with them to FLCX and will have a 10:1 conversion option (details TBD).
Thanks for you patience and links to documents.
Will focus on FLCX
Anyone can buy the Series D; just use the ratio of 6 shares of QREE for each preferred. Get as many as you want.
With the conversion I then have 11 shares of FLCX for 6 shares of QREE.
Just have to figure the conversion math and QREE price to see if it makes sense. Waiting for the details since i am not anything but a retail trader.
Thanks for all your info so far.
Thanks for the info. It brings the Series D preferred somewhat into perspective.
Please bear with me, as I may be a little slow in grasping the overall effects the conversion feature has on the share count and potential control of the new FLCX:
1) with the existing 9M held by QREE management and the additional ~16M new should be 25M that could be converted to 250M shares of FLCX?????
2) this 250M plus 35M (after 6:1) would have an o/s of 285M
3) but that 250M convertible could be a great source of $$ for the company if they can be priced right.
Back to which to buy again. If the new Series D/E are priced low, then the equation of 1 share of FLCX from the 6:1 plus the conversion of 10 at a low price could equal 11 shares at a nicer price since commissions are cheap.
Hope they announce the effective date soon and give the conversion details at the same time.
???OPEN QUESTION TO THE BOARD???
Can someone who deeply follows this reverse takeover explain the resultant share structure of FLCX including the series D / E effects.
As I understand, only QREE management owns (the current 9 mil?) Series D QREE)and expect them to be whole in the transition added to the new Series D issued (along with the 6 for 1) that filings say will be converted to Series E. These share will be able to be converted at a 10 shares per preferred at a TBD amount.
Appreciate any help on this matter.
It might even be a better deal to buy the QREE before the closing date?