Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
INTL market maker showed up on the bid and this is my first time ever seeing that MM in any otc stocks.
I'm glad to join ya'll on this wonderful journey called CWIR. Honestly, we just picked up two more catalysts, PR from the company and the removal of CE.
Gurba expects about 25 million in revenue resulting in 3 Million in profit.
At the time of the interview, the O/S was 598-599 million. Gurba reserved approx 400 million shares for debt holders. At the 6 min 45 second mark of the podcast, he expects to raise the A/S from 900 mill to 2 billion shares
I didn't want to out Frank but based on what I found while doing my DD, Frank was the Budget and Policy Manager for the Department Fish and Wildlife for the State of Washington.
Because of his background in budgeting, this is very encouraging for the future of ORRV/MCCU.
Oshana's role hurt ORRV/MCCU for the short term, there is no disagreement there. However, if Frank comes through with the share reduction as promised (as of right now, I believe him), Oshana's role shouldn't matter all that much for the long-term outlook.
Given Frank's background (albeit it wasn't corporate), I doubt we'll see ORRV/MCCU in a similar financing/budgeting situation as long as he is holding the position of CEO. To Frank's credit, he stabilized and sorted out the issues that were presented and/or caused by McCusker.
We don't know the outstanding shares at the moment, however, it is estimated to be around 2-3 billion. Approximately 1 billion shares are restricted and owned by McCusker.
They do business in Nanjing China
and another important point is that you are starting to see McCusker and Co. consolidating their operations and reducing costs. They are already a positive cash flow company that is looking to acquire more opportunities and contracts. Their net income will always be high since they do not have much costs (mostly labor costs) to operate their business.
This table is based on gross revenue. If you want to do net, multiply the gross value by .60-.80 based on the yearly financial report I looked at. This would be assuming that each subsidiary operates at the same efficiency.
No problem! I hope this table is able to give people an idea of the potential of $ORRV/$MCCU
Some great news AH! Looks like it'll be moving upwards
Worst Case Scenario: ~0.003
Central Index Key released for ORRV/MCCU 6/9/2017. Credit goes to @BloodProfits_FX via twitter.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=9HcNUDCGhIiiZBCNj%252f3DWw%253d%253d
And on Wednesday, someone spent a couple dollars to print .0006s. It goes both ways.
Is Frank an attorney?
I don't believe so. Frank studied finance and marketing at Gonzaga.
New Tweet.
I am drafting a OTC-PR clarifying, with legal opinion MHC's reverse merger. New documents are being submitted to NV SoS to correct-Frank
I am drafting a OTC-PR clarifying, with legal opinion MHC's reverse merger. New documents are being submitted to NV SoS to correct-Frank
— MHHC Enterprises (@MHHCEnterprises) June 7, 2017
A corporate action request for a name and ticker change must be submitted to FINRA, and it must be approved by FINRA.
This is a true statement. It takes about 20-30 days for a name and ticker change if everything goes right or it could take a month or more depending on the situation.
Another reputable website that graphically displays naked short interest.
ORRV Short Report as of 6/5/2017
I agree with your assessment. If 0.0009-.0010 breaks, it'll pop. At this point, I believe that any substantial positive PR will achieve this.
Based on your calculations, mine are a little more conservative as intended since I used net income instead of revenues.
Based on your calculations of ORRV having approx 850 million float at the time, the current float should be approximately 1.5-1.8 billion (closer to 1.5 billion IMO, assuming that there a debt settlement of 250 million shares and another for about 500 million share).
I do believe that their intention is to reduce the float to 900 million shares however, it'll take time and may not happen this month as promised. Depending on your trading principles, it should not matter if the float is 1.5 billion now, only as long there are share buybacks occurring.
In conclusion, ORRV/MCCU is severely undervalued at this point (if you believe that ORRV is going to be MCCU, which I believe that and the court filings support that) and slightly undervalued or at value if you want confirmation and a court order of McCusker having custodianship of ORRV.
Is there any rhyme or reason behind the multiplier? How is the multiplier determined?