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What your suggesting is possible. GS could announce the deal with a closing date in early 2025 and use the warrant income as a sweetner. The added income would potentially reduce the need to dilute shares from the out start. ...but more importantly, his FORW buddies, which there are many would certainly enjoy the surge and might be prone to invest in his other tickers including SRNW.
It would have to be a very convincing deal to avoid the classic P&D. ...lots of moving parts but very doable. What I like about it is the broad enrichment factor. When a lot of people get rich, everyone succeeds. That's how VC's work. If it were only GS who profited, then you'd see a 'Rosen' repeat.
JMHO
I agree! That would make the most sense based on the information we have today. My personal preference would be to see an asset heavy, energy related international private company merged into SRNW, a solid business with years of revs, ...and not high tech or crypto. Just plain boring energy or similar...
That would send both FORW and SRNW up significantly and simultaneously. ...a two birds with one stone strategy.
As for FORW, GS's recent tweet might be hinting an extension for the first tranche of warrants. That would certainly be a sweet way for GS to start laying out his intentions for 2025.
JMHO
Either you never grew up or you're full of it. I'll wager the latter.
Paleezze! It's not all about you, little GenZ boy. Get a grip, kid. You're way over your head on this one.
You hit below I-Glow yesterday and now with this post you've gone even lower. Best stop now before you embarrass yourself to the point that you'll start laughing the next time you stare at yourself in the mirror.
I can see your point but don't agree. GS knows what he has and also knows that he can trigger a rampage with the wave of a tweet. What he also knows is that he's run out of lives and needs to stick the landing, otherwise he'll miss the podium of opportunity.
JMHO
Precisely! Nice summary... thx
Ok. You must be a GenZ. Clueless beyond recognition... Try reading the WSJ or FT rather than TickTok. You'll see article after article of PE's and fund managers talking about how they are withholding from entering any deals until the US elections are decided. Even consumers are holding back from large purchases including cars and homes.
Now do you see how clueless you are? Painfully so...
GS loves playing mind games. HIs latest tweet was just another one of his classic messages. What we do know about him is that he tweets about his tickers when he's about to do something about them, otherwise he just reverts back to his Rosen bashing and Israeli dominance. The only time this rule did not apply was when he gave a list of updates for each ticker and that tweet pretty much served one purpose, namely, to advise everyone of the overall status quo. Because he didn't give us a list of updates per ticker in this latest tweet, I believe he's finally on the move with a potential deal or deals in hand.
For us to expect something in 2024, we'd have to see a smooth election and transition, otherwise, early 2025, once it's all settled.
JMHO
My point precisely... Why post it now? He didn't have to say anything. No one was expecting a tweet and yet he placed one. Why would he do that unless he had something hot and ready? Remember, the deal could be announced in 2024 and executed in 2025.
My point precisely... Why post it now? He didn't have to say anything. No one was expecting a tweet and yet he place one. Why would he do that unless he had something hot and ready? Remember, the deal could be announced in 2024 and executed in 2025.
It's called 'timing a deal intelligently'. When the time is right and ripe, he'll make his move. Experience has taught most of us well. I can see it has yet to reach you. Soon it will, not to worry...
GS is not going to risk leaking out information, hence the neutral message. The giveaway in my humble opinion was that fact that his tweet did not list each ticker's respective update. Granted that could mean he had nothing to say, but I doubt it. M&A has been headline news now for months, teeming with growth prospects for 2025.
The timing for a merger is definitely approaching. Also, OTC has been sitting too quietly, practically non-existent. It's waiting to be 'rediscovered'. A solid GS merger would catapult it, but more important, could potentially raise the bar for others to follow. My guess is that an asset heavy merger with SRNW would set the stage for the others. ...just a guess.
JMHO
You hit a new low, dummer than I-Glow. I didn't think it was possible but...
I'd say his tweet was pretty upbeat. GS and his partners have been waiting for the US elections to be decided before moving forward, which makes a lot of sense. He's not alone. Plenty of people are on the sidelines too. At least now he seems ready to refocus on his tickers.
The fact that he didn't list each ticker with its respective update like an earlier tweet does tell us something.
My guess is that he already has candidates lined up and ready to go once the outcome is decided. Based on his past tweets, he's obviously in favor of a Trump win. I'm not sure what he'd do if Trump lost, though. Even if Trump did lose, the legal challenges that would follow would create market havoc thus potentially delaying any merger into 2025. We should hope for a smooth election and transition, which ever way it goes.
JMHO
First and foremost, a smooth transition is paramount, otherwise, the uncertainty that will ensue will leave investors too unsettled to commit until the final winner is inaugurated on Jan 20. What we can hope for is a landslide victory.
The next issue and perhaps the most important will be the balance within Congress. If it goes all to one party, then things will get done. If not, then we'll probably be in a lame duck state for four more years. That won't bode well for the markets.
Despite which candidate wins, AI will continue to push the markets forward. If Trump wins, add crypto stocks to the list, at least in the short term.
My gut tells me that if Trump wins the US elections by a landslide, both wars will end on the ground, but will likely continue virtually with cyber attacks, etc. That's good and bad. Good because the devastation will stop and the rebuilding will begin. Bad because world economies today are setup to support wars. The transition to rebuilding will take some time. In short GDP's will suffer. Deflation will become a global threat. ...and markets will linger sideways with a downward bias.
FYI: the global uncertainty and debt rise needed to support growth will hurt Fiat currencies, which may or may not help crypto but will help gold. Crypto will depend upon how governments of developed countries choose to regulate it. Although Trump says he'll support it, he's also stating that the USD must remain the global reserve currency. Both statements are somewhat contradictory. No surprise...
GS may emerge with his mergers if crypto surges again. He may also emerge if and when the war in Israel ends. What matters now is a 'smooth' transition so the US economy can continue to grow, ...very important for the rest of the world. With China faltering, Russia mired, and Europe declining, the US economy is the only major economy that can pull everyone out of their own pending stagflation. You can be quite certain that the 'world leaders' are aware.
JMHO
I've been thinking the same thing ...that we could see some action after the elections. It may depend upon how markets react, though. Two key things will happen in the first week of November. First, the US elections and second, the FOMC interest rate decision.
If these two events go through smoothly (minimal uncertainty and unrest), then I could see GS announce the launch of a merger in Nov. My initial guess is that the deal is already inked and done but pending the outcome of these two events.
JMHO
My understanding is that a warrant extension can be done within 4 days of an announcement. GS just files an Form 8-K with the SEC and that's it.
From Chat GPT...
An SEC Form 8-K is a report used by public companies to disclose significant events to the Securities and Exchange Commission (SEC) and the public. Unlike some filings that may require explicit SEC approval, Form 8-K does not require formal SEC approval before it becomes effective. Instead, the process is more about filing and immediate disclosure than waiting for SEC clearance.
Companies should aim to finalize decisions and communicate the extension at least a few weeks before the expiration date to allow time for all necessary approvals and to give warrant holders proper notice.
I would expect to hear from GS on this matter in early December or sooner.
You read my statement incorrectly, just like you deliberately misinterpret anything and everything that doesn't fall within your myopic bandwidth of hatred.
It's very possible that GS has lined up a deal with WNFT and the merger remains pending the court's approval. However, I don't think the cards will fall in line so neatly considering that Callesse would have to lose this case over a legal technicality for GS to get a green light. If he does, then yes, a merger could happen soon after. However, the likelihood is pretty low, in my humble opinion, that GS wins this case without some form of settlement. ...and a settlement would add to the OS, thus making the merger less desirable.
I'm also not as enthusiastic about the NFT market as I once was and do not see it reviving for a few years. Should GS have a candidate lined up, my guess is that it wouldn't be a deal large enough to attract sustained liquidity. It would be most likely a P&D scenario, one which I'd be surprised to see him use to debut his first deal after three years of zero activity and lots of promises. It would undoubtedly backfire on him, in my opinion.
That said, I see SRNW as the cleanest shell of the pack. I'd love to see an asset heavy international energy-related company scoop it up. Once SRNW jumps, FORW will follow. Of course, fingers crossed that GS extends the expiration of the first tranche of warrants. There's no reason for him not to but who knows?
JMHO
Definitely! SRNW and FORW are joined at the hip. GS designed it that way for a reason. We should soon find out.
GS is a horse racer. Like stock traders, their attention span are short. I'm sure at the time he entered the tweet, he honestly felt he had a deal in hand. Then the slightest wobble, which happens for a million reasons, terminated the deal. He personally did not have the bandwidth to fix it. On top of it all, GS has also had to deal with the repercussions with his caustic tweets and follower eliminations.
Prior, these chest pounding tweet were a form of marketing his personal virility and prowess. Now, I believe he's tired of it as much as we are of reading about it. If you've noticed, he's no longer tweeting empty promises or loose predictions. I thinks he's playing his cards closer to the vest to avoid any further issues, hence the attacks on Rosen and others. In part he's been moving the spotlight away from himself to others.
Like I mentioned before, I feel he's passed the search process to a group of Israeli partners. Just like us, he's waiting to hear back. I'm sure he holds the final decision but will most likely go along with anything that makes sense. Timing is everything with these deals. I do believe, however, that GS's intentions are to move forward with mergers. He's learned that a dinky merger like GVSI won't do. ...and maybe he needs to wait for companies to grow more before merging one. Whatever he comes up with has to be solid. ...and those deals do exist. Both he and his partners are well aware who and where they are.
One thing for sure, his first merger will happen without any warning. No doubt in my mind. ...and it will be a ground shaker.
I doubt there's an active acquisition now. It's more likely that there was one back in the day, but now, I personally doubt it. The NFT market is non-existent for at least a few more years, in my humble opinion. They debuted with the absurd 'goofy ape' stint. They probably figured that if people were willing to buy into an 'ape' image for millions that they'd buy into just about anything, thereafter. Well, they did for a few Covid boring months and then after we saw what happened. Even Twitter's first tweet took a nosedive.
It's true that GS could change WNFT's name again but I believe he likes the name and feels that it will work at the right time. He has three other tickers to work with in the meantime. In his mind, WNFT can be placed on the back burner for a few years. Besides the conflict with Callesse continues to entertain. It makes him look like a 'tough guy' to his fans.
JMHO
The WNFT decision has to do with a legal technicality. It does not address the 'share ownership in exchange for consulting services' issue. That would follow after. The issue at hand has to do with Callesse having failed to include himself as part of the case. His attorney failed to add him at the appropriate time. It's an absurd oversight that I personally believe the judges would prefer to see resolved out of court to avoid setting precedent.
The logical notion would be to say that he's obviously included. ...and I would expect that if the decision lingers on for another year or two, that eventually someone will just say, yes, he's included. Let's move on. ...but who knows.
Then there's the conspiracy theory to contend with.
When WNFT was pushed to the Expert Markets earlier this year for a brief period, someone picked up a lot of very cheap shares. It could have been a smart MM whose now dumping them around a penny, or it could have been someone close to GS who has become part of a potential 'quiet' settlement with Callesse.
"I'll give you your 500m shares, which I picked up for a song, if you agree to keep this case in limbo until I tell you."
These dealings would not be done in public (please refrain from being naive and ask for proof or a link). They are behind closed doors and done over a beer and a handshake. The only reason I feel this conspiracy theory has any legs is that the case has gone on for too long and will only resolve a very trivial issue. I also feel that the NFT market has yet to resurge and may not do so for another few years.
So, in other words there's no urgency to move the case forward.
JMHO
No, I'm not obsessed but rather humored by you.
BTW: A homeless person in SF has also retired at an early age and does what he or she wants to do, ...plus they get all their drugs for free.
LMAO!
You've mentioned the two Nasdaq companies that you supposedly co-founded but seem to leave out their names and business. I don't need to guess of the inconsistencies in your story considering the fact that you spend an inordinate amount of time bashing GS on all of his ticker boards. If you were 'well off' as you seem to indicate, why would you even bother with GS, the OTC, and this pathetic board?
If it's revenge against GS, consider this... For the past 5 years...
You've now spent probably 1/4 of your life posting the same nonsense about GS plus another 1/2 of your life thinking about how much you hate him. That leaves 1/4 for sleeping, eating, farting, and existing.
If you're so smart, did you ever take into consideration that all that time lost can never be recouped? ...and that losing 75% of your life for the past 5 years, maybe even longer for all I know is a huge personal loss?
It's not just sad but outright dumb. ...and certainly not the type of rationalizing that a person who co-founded two NASDAQ companies would ever dream of doing, unless of course there's more to the story about the two companies and your direct or indirect involvement.
He obviously feels pretty strong about the decision with CYBL. He knows something that apparently was not considered in the final verdict. By issuing a subpoena to the OTC, he's simply exercising his right to do so.
My guess is that he wants to see the supporting evidence for the decision. Maybe something key was missing or overlooked.
It's not a bad thing for GS to exercise his rights. If he wins, he will have helped the court out by offering more accurate evidence. If he loses, he learns a new legal trick. Either way its legal stuff that I doubt would have any effect on his tickers.
JMHO
He obviously feels pretty strong about the decision with CYBL. He knows something that apparently was not considered in the final verdict. By issuing a subpoena to the OTC, he's simply exercising his right to do so.
My guess is that he wants to see the supporting evidence for the decision. Maybe something key was missing or overlooked.
It's not a bad thing for GS to exercise his rights. If he wins, he will have helped the court out by offering more accurate evidence. If he loses, he learns a new legal trick. Either way its legal stuff that I doubt would have any effect on his tickers.
JMHO
I know it must be painful to have lost the opportunity to make so much money, ...and it looks like it's going to happen to you again. Now, that's some serious self-inflicted pain.
LMAO!
We all know your history. It's laughable at best and pathetic at worst. Yea, you almost became a millionaire in Nov 2021 but instead got to watch the rest of us profit because we did not heed to your tweeted advice to sell early.
Now you stew in abject hatred seeking solace from your incessant GS bashing posts.
Pretty accurate and pathetic...
Oh, I forgot to mention that you live in Mexico now. I don't have to guess why...
One GS tweet is all it will take to see the two mosquitos (SurfKast and I-Glow) buzz off. Oh, and Drugdoctor, our resident schizophrenic will suddenly become his number one ally again.
Geez, you guys are so spineless. It's pathetic.
LMAO!
Deals in the OTC space are super fluid. Similar to VC's who look at 10,000 deals per year to finally invest in maybe 5 should give you a sense of how rich the pipeline of companies willing to merge is at any given time. Finding a merger candidate is not the issue. Finding the right one is. ...and that requires a favorable environment.
Ending 2024 we will potentially see interest rates drop further by 100 basis points or more. We'll hopefully have a new elected President that everyone will accept and finally, the war with Israel may (fingers crossed) reach a peace treaty of sorts. The world can only fight so many battles for so long. Israel's debt was dropped to BBB by S&P. The increasing cost of the war should have a 'pausing' effect. Hopefully too, it will be a lasting peace treaty. My guess is that we'll get at least a one year reprieve. Who knows? Some are predicting WW3. I personally don't see that happening.
On a brighter note, AI is taking business by storm and will show up in productivity gains throughout many bottom lines. Evidence of these gains can be seen in social media comments, daily.
The FT is also predicting a strong comeback for IPO's next year. I would expect the OTC to coattail on this trend.
I'm sure GS and his colleagues are aware of these trends. There's no reason to think otherwise. In the meantime GS is cleaning house, settling scores, and prepping his tickers for an OTC resurgence. What I will add is that no matter what happens, the only way the OTC will work for GS is if liquidity increases. That's a fact. No volume = Zippo movement.
What he's probably realized over the last few years is that he can no longer count on the OTC to attract liquidity the same way as before. Instead, he has to carve out his own niche. He's doing it by 'raising the bar' and tagging his tickers with an improved OTC reputation. If and when he succeeds, we can expect much of the existing volume and then some in the OTC to move his way.
JMHO
Watch and learn...
Start by reading his tweets on Rosen's case. That was beautifully done. Without lifting a finger, he let Rosen bury himself alive. Then there's DivinciPAY. Looks like she's headed to the can too. I'm sure they'll be a few more before GS feels like he can move forward again.
He's take a page from the British way of enforcing the law. They used to hang their criminals at the end of London bridge for all to see. BTW crime dropped quickly thereafter.
If GS were 'robbing us blind' as you claim, he'd selling shares of his tickers the same way Rosen and all the OTC scammers do.
Well, let me see. I think I recall an incident in mid March of this year... I guess you were too busy bashing GS to realize what happened. That explains it!
Use your common sense, if you have any. GS can't place a ticker in the OTC until he carves out a safe haven for them, otherwise, what happened with GVSI will happen again. Duh!!!
You seem to be obsessed with GS's horses and stables. Maybe he has an opening for stall cleaner for you. I'm sure you'd be more than qualified.
I disagree. GS is not trying to 'boil the ocean' like you seem to suggest. He's going after those that have gone after him, otherwise, he can't bring in a new company. He's also sending out a message to any more 'would be' scammers to stay off his properties.
It's funny how you flip so easily. One GS tweet, and you'll be singing his praises. Best that you focus on something else and let this situation brew appropriately. Eventually it'll happen. Be patient.
GS's timeline remains a tough call considering recent global events. What we do know is that he is cleaning house of the OTC for a reason ...plus he's paying to keep his tickers current. He's literally putting these bad actors away in, I might add, a clever manner. It's not pretty. These guys are bad a$$ thieves. Yes, you may feel that GS is one too but that's your call to make. No one else's. Truth be told, a 'nice guy' wouldn't be able to pull off what GS is doing. We can only hope that he pulls off his plan and keeps his word.
It could happen in October or later... but my better sense says that it WILL happen. I just don't know when, exactly.
If you own shares, keep them. If you can buy more shares, take advantage of these very low prices. If you can't hang on any longer, then best move on.
Whatever you do, don't waste your life away bashing GS like some have here. It's not worth it. It will happen, when it happens. Not sooner.
JMHO