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There is not much too it at this point. They just did a debtor exam which is to gather information as to where assets are located. Recent transcript just states they did the hearing and that it was concluded. There is another motion that was recently filed but there is zero info on that and a hearing is set for April 14 I believe
Put it into perspective folks, in just a few weeks it’s a new tax year. Wouldn’t you wait until the new year so you wouldn’t get hit by Uncle Sam if you knew you were about to come into a ton of money? Also it’s a short term gain for them so taxes will be higher. Finally it gives them a full year to protect that money instead of a few months.
Try again, markets always responded favorably after a midterm which usually results in a split govt. Only twice in U.S. history has a party in power held control during midterms. This year may be an exception to the rule since inflation coupled with fed rate hikes killed the market. Here’s the proof and if you google it there are are a million more papers and articles that supports my position
https://www.usatoday.com/story/money/business/2022/11/06/stock-market-outlook-midterm-election/10606588002/
Historically markets like split governments since they are usually deadlocked and can’t screw anything up
Only reason I think that one is a long shot is because it is not a tech company. They have indicated on their Form D and disclosure that they are a tech company or exploring business options in the tech industry.
However, would not complain if it turns out to be the VESL Board company.
And FYI for full disclosure and transparency since this is beginning to smell somewhat their new security counsel is a former SEC attorney who worked on fraud cases and now defends them against the SEC. Not saying that is happening but something everyone should be aware of especially since there is literally zero communication from them
It was about a 2 million share swing they stepped it down 400k at .0008 then 500k at .0007 then a few hundred k at .0006 then someone was able to get in with .0008 for about 400k then 35K at .0007 undesignated then the remaining .0006 for a total of 1.15 million at that price. Right after the last .0006 it bounced right back to .0009 within seconds. All the transactions happened within a few minutes of each other
I have nothing new to report at this point. The one thing that continues to spark my curiosity is that FUNR still has not reported a new RA. For a company that has been impeccable on doing everything by the book with their filings, its been well over a month since the former RA resigned and remains vacant as of this morning. I believe it costs only $400 a year. Could be a tell that the merger is imminent if they do not feel the need to appoint a new RA as the new company may already have one.
We owe Sharp 54k which includes attorney fees
Agreed all speculation at the moment but a lot of evidence is beginning to compound
We talking about reporting requirements. Since we are a pinkie (FINRA) we have different reporting standards than if we were an SEC company such a nyse, nasdaq etc
Check otc again they are on alternative reporting standard
It’s not obligated to strict SEC rules as it is traded on the pink sheets and not on Edgar. Only obligation is to file a disclosure within 10 days of it being completed. Pink sheets have different filing rules. Here’s a good summary of filing rules on the pink sheets.
https://www.securitieslawyer101.com/2012/otc-pink-sheets-disclosure/
I think dilution defies all logic at this point but again that can’t be ruled out. I also agree that is typical for the pinkies but to many signs pointing that it may not be the case in this instance
In essence the set up for a r/m was brilliantly orchestrated in my opinion. Every step looks to be carefully planned
There are ways to get around an 8K. Shares are locked up in a control company. They can transfer the llc interest to someone else with ease. The LLC still owns them even though the members of the LLC changed therefore it gets around the 8K. Who owns the LLC doesn’t have to be disclosed until the quarterly. They tried to avoid that last time which is why we had like 7000 amendments. To many signals at this point to indicate the company is bona fide. But you’re right that dilution is always within the realm of possibility
No clue many possibilities at this point as to logistics
The disclosure states that the the resignation was sent on 9/20/2022. Do you know what happened on that day as well? Ethan filed form D for a salary. A salary is not part of a merger. That box is usually checked when raising funds for a merger but does not have to be checked if it was for something like a salary AFTER a merger. Wondering if the deal was consummated on that day. Its possible that VESL LLC could have been deemed the parent company and it consumed FUNR. not the other way around.
Also I don't think this is because of a lack of money. RA's in Wyoming cost around $400.00 a year. Cuba just made a partial payment of $5,000 to Sharpe yesterday per a court filing to pay off part of the judgment.
Still Cautiously optimistic Something's brewing...
Anybody catch this? Vesl appears to be expanding.
https://www.linkedin.com/posts/vesl-llc_colorado-fortcollins-hiring-activity-6991045887602958336-YTFj?utm_source=share&utm_medium=member_ios
Also keep in mind La Jolla is about 120 miles west of salton sea
I believe hardelson’s dd is on track and cox is or was involved in exotic cars. I found the company once before and it turns out the CEO (not cox) got into some trouble according to some court filings I found. I can not find a business relationship between Ethan cox team and Vesl. Likely a personal relationship but not digging into that. Let’s not forget about Engel too. It is possible that Runyon was doing a search in Wyoming for a shell and fell upon cubv. Probably enlisted Ethan cox team to act as conduits to help RM.
Okey dokey, like I said to you before, you do you. If you want to turn a blind eye on the evidence beginning to point to the Vesl in ft Collins Colorado, that’s your prerogative. But if you don’t know how search engines pick up information then I can’t help you. I think the mere fact that one of the Vesl’s is now recognized to be in Wyoming at an address other than the registered agents is a big deal. The fact that the town Vesl is linked to has a company related to discovering lithium is also big. Vesl also posted about lithium. Etc. If you can’t connect the dots that’s fine. It’s your money so you handle it the way you want. Is the info a slam dunk? No so I personally will not be sinking every dime into it. But is there enough evidence to keep me around? You bet there is and more evidence mounts regularly
I really can’t find a connection but it is possible. There had to be a meet somewhere or somehow. Never delved into that as that’s getting into personal relationships and I really don’t like looking into someone’s personal life. Any information I find is usually a result of a paper, social media, searches and a whole lotta luck.
On a side note if my assumptions are correct this company will have some of the brightest minds in the world working on it. These people are extremely impressive.
Through the grace God, everyone’s financial hopes will be realized
Not sure if that’s the one. Did some more poking around last night and here is what I found
First I mentioned that Vesl had a connection to Louisville. Turns out Runyon used to work in Louisville and still has a number connected to the region. I can’t find any other connection
Secondly, search engines are picking up that Vesl is connected to Centennial Wyoming. That means Vesl in some way used an address in Centennial that the SE picked up. Usually related to financial records of sorts like banking, loan documents, bank accounts etc. Here is the link:
https://zaubee.com/biz/vesl-virtual-engineering-solutions-lab-buc3jxk9
The pin drop on the map does not give an exact address but gives coordinates to a very small town with a population of less than 300 people. Interesting to say the least. I checked the centennial chamber of commerce and found it has a telecommunication company by the name of MSK Technology
https://www.chamberofcommerce.com/united-states/wyoming/centennial/telecommunication-services/
MSK technology is run by Keith Carron. He is an inventor of Raman Spectroscopy equipment and has a company to promote his equipment in Laramie Wyoming called Metrohm Raman. Here is his linked in profile
https://www.linkedin.com/in/keith-carron-b925748
Carron and Runyon are both very involved in academia. Both are professors and involved with research. Both have ties to university of Wyoming. Carron used to teach there, his wife Teaches there too. I think Runyon has a relative that teaches there as well. Runyon’s relative is a geologist specializing in hydrothermal solutions. She left university of Wyoming in June 2022. All parties live in close proximity to each other
https://www.uwyo.edu/geolgeophys/people/faculty/simone-runyon.html
How does this all link together? One uses Raman spectroscopy to find lithium in hydrothermal solutions
https://www.sciencedirect.com/science/article/abs/pii/S000925411730027X
I think the layers are eventually being peeled back and the Search engine pick up may have linked everything together.
Basic gist of what I was saying is that google other search engines are now linking Vesl in Colorado to the one cubv now FUNR filed in Wyoming.
One wild card is It is also possible that us talking about the connection here may be what caused google to make the link
Fingers crossed
Yes likely they licensed their software but honestly not really sure at this point. Kentucky popped up over the weekend with a number. I have not called it yet. Key is that Wyoming popped up as well other than their agent. Which tells me something
trigged google to pick it up somehow. The wild card is that it’s a software company of sorts. If it’s as big as oracle or Vesl they can cover their tracks on the search engines and basically disappear if they want. A lot of selling happened over the past 10 days now nothing. I posted about dilution was over and all of a sudden someone looks to sell 1.5 million shares. Something’s brewing
Honestly this being the third trading day with little to no activity, I think the dilution already happened to raise capital. Most of the recent trades were sells. Fingers crossed at this point but anyones guess at this point
Also search engines seem to picking up VESL from Ft Collins Colorado in Wyoming now. Address seems to be out in the middle of nowhere though. Also popping up in Louisville Kentucky as well but no Vesl is registered in Kentucky
Thank you for doing that!
Oracle is making a move of sorts in the Trade finance industry which correlates with the software currently held by Vesl Pte LTD in Philippines and Singapore. Mind you the company has a B2B software that would be appetizing to Oracle. Today they announced a deal with Fed Ex and Chase Bank on their new "B2B software". They already announced a deal with HSBC bank a few months back. Looks as if they are making moves here. I am still somewhat convinced that we are headed in this direction but there is no "silver bullet" just a tremendous amount of circumstantial evidence. I see oracle wanting to make this division public. They are also slow on the roll as they just acquired Cerner for a sizable amount. I see trade finance as their next project.
https://www.pymnts.com/news/b2b-payments/2022/oracle-b2b-commerce-to-provide-integrations-with-jpmorgan-fedex/
First, you should look at paragraph 5(b) of the quarterly where formerly cubv states Vesl llc is a sub, parent or affiliate. Secondly Vesl is not a sub of Oracle. Vesl LLC will be the vehicle used to move a the patent I mentioned previously. Oracle needs the Vesl software listed in the patent in order to advance their trade finance division. But you do you
Agreed I think a trader has to be very cautious when you think you see one but I do believe, like you, this thing has quite a bit potential. As I have always said truly hope every long has financial success from this one. It’s been a very rough ride
800 just flashed meaning prepare for increased volume. Fingers crossed and GLTA
700 just flashed they are moving it up…hopefully
I think this is the calm before the storm and it will get "FUNR" in the not so distant future.
After conversing with Luna yesterday, she pointed out a logistical solution to how things may take place. Luna's idea sparked some curiosity and prompted some further digging. I am now fairly certain that Oracle USA is taking over and purchasing the technology from VESL PTE. LTD. a Philippine company that has a patent on a Trade Finance application. (Google US Patent document US 20190347738 A1)
In recent weeks, Tushar Chitra, Vice President Product Strategy and Marketing at Oracle (title is important to note), seems to be posting a few blogs about Trade Finance. Should be noted that he refers to "blockchains" quite often and I don't think it's a coincidence that the US Patent described above deals with "blockchains." Here are the two recent blog entries.
https://blogs.oracle.com/financialservices/post/corporate-banks-prepare-to-embrace-digital-trade-documentation-what-do-they-need-to-succeed
https://blogs.oracle.com/financialservices/post/why-and-how-to-increase-the-pace-of-trade-finance-digitization
In comes VESL PTE LTD, that meets the platform requirements that Chitra was talking about in his blogs. Here is a YouTube video when the company first started. Vesl started this project in the Philippines as a test market and it appears that they took off.
I do not have private message capabilities but to answer your question, no it can not. At this point, it will be very difficult to get around the judgment. And honestly, to do so will cost more than what the judgment is worth.
I would be very surprised if they do appeal at this point as they did not submit any opposition to attorney fees application. Judge noted that since they failed to submit opposition to attorney fees they essential consented to it. Once they consented, it will be very difficult to appeal. Judgment came after the filing of the quarterly. I would think it is done at this point and a satisfaction will be filed shortly.
Two MM signals may have flashed this morning for "700" which I believe means "Move the price up"
FYI there has been quite a few developments in the recent months since the last filing regarding the the GS saga. First, the active litigation regarding CUBV appears to be completed. Judgment was entered for both attorney fees and contractual obligations. Total Judgment was for $54,692.38. Case status is presently listed as "Stay Conditional Settlement" as of 10/5/2022. No indication that the judgment has been satisfied, will update with new information once available.
Nothing new with those posts, that info has been posted for a while now