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@MrSmith18 good points Smith. Always good to hear your inputs.
A couple of points that maybe you didn’t think of.
1. The first batch of warrants expire December 31, 2024. Do you think that’s a soft deadline that GS needs to meet. ie merger should be announced before the end of 2024?
2. With the elections coming up in November a lot of attention will be on that narrative. Markets hate uncertainty - that will evidently occur with a potential political party switch. Is this a potential soft deadline also for GS and company?
That would mean he would need to unleash a merger in October?
Hey @MrSmith18 did you see the Rosen videos? Do you think George has made his point and is ready to move on to announcing merger deals?
@MrSmith18 So effectively what you are saying is there is no shot in any mergers regardless of ticker like SRNW which is ready until this Rosen debacle is concluded in court? That could take an undefined amount of time. Is that what you are implying?
@MrSmith18 What do you think this means in terms of reveal of merger PR? September / October no shot?
Hi @MrSmith18 Happy September! Just checking into see what kind of announcement you expect this month for FORW and SRNW?
@MrSmith18 Still sticking by your September reveal date? You think it will be early September or end of September. I think the sooner before elections the better wbu?
@MrSmith18 Always good to read your insights.
You still sticking by your July timeline for reveal? I know you mentioned July a number of times wondering if you’re moving goal posts for whatever reason?
@MrSmith18 @ARobinson i had the exact same thoughts. He almost sounds like a nutcase when he says not many legitimate companies want to list on the OTC. You are shopping shells on the OTC but at the same time being almost to honest. Is he tempering investor expectations?
@MrSmith18 I assume you are moving the goal post again? No more July reveal? For either FORW or SRNW. End of year maybe? What’s your take?
OTC has cracked down significantly on shells over the last years. It is harder and harder to list shells and sell them etc. so supply went down significantly. IMO due to this hijacked shells that are cleaned up properly like GS has done with Srnw will have higher demand. A 15c will likely cost GS $20k and can do this with the deal when ready. I don’t think this is too big of an issue. Yet you keep bringing it up.
@MrSmith18 We have been preaching this for a while that the deal will come without warning.
A question I have is if the deal is connected to SoftBank - what are you expectation for timeline? Are they going to wait till Q4 with election and hope the market is strong? I think you mentioned summer previously but what is your expectation for timeline on this one?
Thanks @MrSmith18 for all this info. If FORW reveals first and it ends up being an investment bank or VC firm that is going to be a holding company, how will they explain the SRNW investment to analysts? Wouldn't they need to make a comment on the SRNW incoming as well?
The S-1 is already approved by the SEC. There wasn’t an effective statement filed yet because there is a delay clause in which sharp and incoming are using for whatever reason. The work on the back end with the SEC is complete which was confirmed by a securities lawyer I work with.
Hey @MrSmith18 , look what I found in the FORW S-1 on page 27:
"George Sharp is currently a consultant to the Company and intends to become a full-time employee upon the closing of this offering at an annual salary of $240,000 and with customary terms for executive employment agreements."
What do you think about this? FORW currently has no revenue, so how will they pay this?
@MrSmith18 yup. Glad someone sees it that two officers were indeed appointed which is good.
FORW also left there offering price blank in the s-1 do you think forw is on the back burner till we get a Srnw reveal?
@MrSmith18 Did you see the amendment to the 10K?
Did anything catch your eye?
Specifically, did you notice how GS shares were unchanged at 6M?
There was 1.1M shares issued to two officers and guess what? It’s clear GS isn’t the only officer regardless what most brainless say on ihub.
It’s clear to me if GS was the only officer the 1.1M would have been issued to him and increased his shares from 6M to 7.1M. The 10k states GS shares remained stable at 6M
It’s likely two new officers were already appointed to SRNW last November and the deal is still on. The 1.1M shares were reflected on OTCM in November so it may be go time soon.
GS left out the officers on the 10K maybe till there ready for reveal.
What are your thoughts?
If they were issued to GS then his shares should have increased from 6M. These are likely new officers being added but he didn’t disclose who they were.
His shares should have reflected 7.1M not 6M if he is the only officer and they were given to him.
Looks good now but how can he issue 1.1M shares to two officers but not name those officers? Any idea or thoughts?
@MrSmith18 1How soon do you think we get merger reveal for SRNW ?
@MrSmith18 what could be the reason for the unexpected early filing for SRNW? What’s your take?
@MrSmith18 Seems like it the 10k didn’t make a lot of sense otherwise. Also note that GS filed this 11 days early. Why do you think? He has never filed early before.
What are your thoughts on the FORW S-1 still not being effective. They left the offering price on the S-1 intentionally blank it seems also.
@MrSmith18 i guess GS wasn’t hiding 10k is out.
Any idea on:
1. Why did George's share count go down to 1.2m?
2. What happened to the 1.1 million shares issued to two officers? They are not present anywhere.
3. Why weren't the two officers named?
4. Why did the percentage of class stay the same at 7.14% even though the number of shares went do
@MrSmith18 why do you think Israeli business men are involved all of a sudden?
@MrSmith18 did you mean March 30th? The annual report is due April 1.
@MrSmith18 You are bang on! With today's long downside wick we could be setting up for news. I was just talking about this with a buddy and then I saw your post.
The last downside wick with this calibre happened on Nov 20, 2020. Guess what happened soon after? A beauty of a uptrend and news which I am sure you are well aware off.
This seems to be setting up nice and SRNW and FORW. I think we get merger related news for SRNW in March and related FORW news as well. March seems to be a high stakes month for SRNW. What are your thoughts?
@MrSmith18 Have you thought of SRNW being a banger so automatically that will take the price of GVSI higher. Let's say SRNW get announced end of March for example, people are waiting to sell SRNW and rotate into GVSI to compound. By nature if SRNW is a high value company; investors right away are going to be slapping GVSI to compound gains.
@MrSmith18 got it. So predicting an extension for GVSI which in turn drives sell volume so insiders can gobble up cheap paper.
What about SRNW?
@MrSmith18 You are losing credibility now bud. You keep flip flopping, I guess to say you were right at the end if one of the instances plays out.
You went from saying GVSI PPS will rise coming into March 15 with some deal details / reveal, GVSI is in the lead and gets the first merger, to now SRNW gets the first merger by March 31 potentially, to a Robinson correcting you about SRNW and how officers weren't removed and you then saying yes the deal is still on?
Just to set the record straight what is your prediction on these tickers by the end of March?
SRNW?
GVSI
@MrSmith18 what is your prediction date for SRNW you strongly believed at on point Nov then January. I know it’s impossible to say but what do you think?
We all including you thought we would get more details on SRNW in January but that also wasn’t the case.
@MrSmith18
Well a FORW S-1 update is needed but if that is the development only his stocks go back in the gutter. It has to be a SRNW reveal to have any substance the market seems to have lost credibility involving GS at this present moment.
I think he may have wanted this NOW nobody is really expecting a reveal for SRNW so its a perfect storm to drop a banger on the haters heads! What do you think?
I think he was referring to a few people who have or claimed to have 100M shares. They would use those shares to dump on him at a later time to payback. I suspect the elephant crew et all is one. You get my drift..
@MrSmith18
Nice that’s what I suspect as well. Out of the blue for SRNW.
There has been close to 400M GVSi traded since Jan 31. If insiders are done loading in February are you expecting a SRNW reveal in March?
I suspect they will be done loading in February and will move the needle super fast heading towards March 15. What are your thoughts?
@MrSmith18 Wouldn't this be insider trading if the new company directors are purchasing shares on the open market before a name reveal. GS will want to stay away from that I bet.
@MrSmith18 Good to have you back!
What do you think about the August deal for SRNW which he gave deal details about. The directors have not been removed and shares still issued. You mentioned like a lot of us that January was likely it. You seem to be kicking the can down the road again on SRNW? Its his gold mine!
Do you think he releases the SRNW deal in March ie end of Q1?
@MrSmith18 I hope you are well. Why do you think there has been no 8-K filed? Given the 4 day requirement by the SEC and GS silence? Do you think the deal fell apart?
The 8-k lined up with our mutual prediction we would hear something in the first two weeks of December but GS has said nothing.
@MrSmith18 Its just very odd the incoming is holding this up if what you are saying is true. Keep in mind there lock ups don’t expire and the timer doesn’t start ticking until they list there shares.
Given the market is strong right now I bet they want to exit a large part of there position. Specifically, if it is the company I think it is they have pledged a ton of shares as security against a loan they have picked up in the billions of dollars. They have a ton at risk here if they don’t go soon and exit a large position.
@MrSmith18 I agree! It sure feels like from the chart news is pending soon. How soon I don’t know.
It makes sense to announce details in December and close the transaction in January. This is what TSNP did as well I believe.
What do you think we get the 8-K and further details in December. Or silence and the bomb drop in January if you were a betting man what would ya say?
@MrSmith18 are we moving the goal posts back a bit or are you still thinking first two weeks of December?
My thoughts are if it’s going to be a January merger they would need to announce it in December with a 30 day closing period to be set in January 2024.
The chart is indicating “news soon”. Beautiful looking chart to say the least.
@MrSmith18 The only thing that makes this pop is merger news. So are you effectively saying we get news “soon”?