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I have not computed it, but with that $19M quarterly revenue, they do not seem to be on target to achieve $125M of annual revenue, which could cause the whole LimeCom deal to be rescinded.
Apple TV 4K to receive Dolby Atmos support
https://arstechnica.com/gadgets/2018/06/apple-tv-4k-to-receive-dolby-atmos-support/
In the Ultra HD standard, 4K is a resolution of 3840 x 2160 pixels, or 2160p. That amounts to four times as many pixels as the 1080p standard. A sharper image is always nice to see, but most people will experience diminishing returns as the resolution rises.
(...)
Pricing of the content is also notable; Apple opted to price its 4K and HDR movies at exactly the same prices as its existing HD content. Most services previously offered 4K and HDR films at a premium, but Apple appears to have forced the industry's hand. Both Amazon and Google have lowered their prices since Apple’s rollout.
DEA Internal Directive Regarding the Presence of Cannabinoids in Products and Materials Made from the Cannabis Plant
(May 22, 2018)
Who is NTEK CEO ?
$20M of revenue for the first 3 months of 2018 is not bad at all, but that's half of last Q's revenue. Is LimeCom's business seasonal in nature ?
Very impressive. They went from $1,699,843 of revenue from the first 9 months of 2017 to $53,792,600 for the full FY 2017.
With a $2,393,791 gross profit and a ($1,562,153) operating loss.
It's still on. You have up to September 18, 2018 to obtain a shares Certificate for your VTNL shares, and mail it to the Company. The company will keep your shares in a drawer for 6 months, and then decide and announce how many of your shares they will repurchase at $0.01. If any.
As of 05/04/2018.
https://www.otcmarkets.com/stock/PVSP/security
He promises that he would make $400K of revenue in Q1, then he fails to post his financial results.
He did the same thing several times during HPNN corporate life.
There's some disclosure. Now you know.
As of December 15, 2016, the Company has 3,778,005,709 shares of its common stock, par value $0.00001 per share, issued and outstanding.
And now they show 4,778,006,249 on the OTC. 1 billion shares dumped without disclosure.
The Re-Medical website offers 3 corporate addresses:
The Colorado one: 1942 Broadway St, Suite 314C, Boulder, CO 80302
corresponds to https://www.coloradoregisteredagent.com/contact-colorado-registered-agent-llc/, a dummy companies provider, no surprise.
Same for the Washington State one: 906 W. 2nd Ave, Suite 100, Spokane, WA 99201
we get https://www.northwestregisteredagent.com/contact.html
Now the Delaware address: 1521 Concord Pike #303, Wilmington, DE 19803
we arrive to https://www.davincivirtual.com/loc/us/delaware/wilmington-virtual-offices/facility-419,
but, unfortunately for Re-Medical, that same address has been used by a criminal corporation, flagged by the Treasury Department and Interpol:
My discovery of the day, about HPNN, is that one of the 3 corporate addresses given for Hop-On fully owned subsidiary, Re-Medical: Re-Medical, Inc. of Delaware, 1521 Concord Pike #303, Wilmington, DE 19803
http://www.re-medical.com/Contact.aspx
Is shared by an apparently criminal organization, The Payment Factory, flagged as such by the U.S. Treasury and (I think) Interpol:
Reducing the VTNL float by 80% is easy as apple pie.
Just effect a 5-to-1 or 10-to-1 Reverse Split.
I did, years ago. They are confident that their chosen company will prevail.
Recently Apple lost a big case against patent troll VirnetX.
Apple and VirnetX have been fighting in court since 2010, when the patent-holding company said the iPhone maker infringed on four of its patents related to internet-based communications.
https://www.theverge.com/2018/4/10/17222380/apple-virtnetx-patent-troll-litigation-500-million-imessage-facetime-case
AAPL best strategy is to establish Prior Art, which would make Voip-Pal patent invalid and thus worthless.
I remember Voip-Pal. I was following them years ago when they started suing Apple.
Independently of the validity of VPLM patents, Apple will certainly attempt to outlast the smallish company.
One doesn't "buy shares for shorting".
That isn't how shorting works.
CDEL buying shares for shorting. MMs playing their games.
PETERBOROUGH, Ontario -- May 29, 2018 -- Rainmaker Worldwide (USOTC:RAKR) has now delivered its first Water-to-Water technology to Cape Town, South Africa. The Company is working with an international distributor with local presence in Cape Town as its sales and technical partner.
The ticker looks exactly likes it looks now, because she never delivers.
May 25, 2018 Longfin Corp. Announces Trading of Shares on OTC Markets
05/24/2018 LFIN downgraded by the OTC with a Caveat Emptor.
My, that was quick.
LFIN claims a $54M revenue for Q1, 2018.
Yes, it's the hope that the promised revenues will in fact materialize,
and that they will me sufficient to make up for de dilution caused by the convertible debt,
or, even better, sufficient to pay off the debt early, before it converts.
NHMD is still flagged "Yield" on OTC.
https://www.otcmarkets.com/stock/NHMD/profile
$206 total assets.
How come Cost of Goods Sold is $0 ?
If their cancakes cost $0 to make, and they're able to sell them for $19.99, they're gonna make a killing.
Feed the Third World with delicious waffles batter, maybe ?!
There was another tweet that day:
My take is that the auditors disagreed with NXGH accounting of the "$150MM" "acquisition".
Neither can survive without the other.
Both live and thrive by gulling hapless shareholders.
To make his target $1.5M of sales in 90 days, VTNL must be shipping $24,000 of stuff every business day !
You think the number of Outstanding Shares is doubling again, as it has doubled during the first Quarter ?
“This is a very important milestone for Hop-on,” stated CEO Peter Michaels. “It was a necessary step in pushing the company to the next level to achieve the growth and success that we believe is deserving of the Hop-on Brand. Use of proceeds, possible share buy back and No reverse split on my radar. With the unsecured line of credit, there will be no stock or notes given for this transaction!”
OK, so he completely lied about the $1M line of credit. But he's definitely not lying about the Reverse Split.
I mean, look at that face !
I cannot begin to imagine what a Restatement would be like.
Actually, one needs a license to manufacture derivatives like CBD oil, and they need to be sold thru dispensaries.
But somehow he has always complete control of the company, as "Chairman".
Dan Rushford kind of promised $1.5M of revenues for Q1, to follow the disappointing $968.00 of Q1.
Do you think he will deliver ?
Now she needs to find a template for a SEC Trading Authorization Certificate...
Why was LimeCom sold for peanuts ? Many companies sell for 8 times the annual profits.
Apparently, NXGH will buy LimeCom with LimeCom own profits.
Isn't that passing strange ?
you didn't convince all the lawyers and "CEO" to listen to you
Of course not. I doubt I successfully warned more than a handful of hapless shareholders that impending dilution will make their shares worthless when VTNL debt holders convert the Notes.
you dont understand "purchase" argreements
Speaking of Purchase Agreements, does VTNL has a Purchase Agreement with LBC Bioscience ?
Will VTNL sue LBC Bioscience if LBC cannot deliver the required amounts of dog food, causing Dan R. to miss his quarterly target ?
I expect that EFLN's filings, and the subsequent hearing, will be an hilarious disaster.
Will they even bother to hire a competent lawyer ?
Well, the CEO just announced something that I had suggested to him,
he announced that some of the upcoming revenues would be used to repurchase some of the convertible debt before its conversion into shares.
That's a way better way to do it than this bonehead "share repurchase program" that will only happen next year, long after the debt has been converted into bazillions of dilutive shares.
That's also a terrible way to waste money, since he must pay a 40% or 50% premium on debt that is only 6 months old.
Read the instructions:
https://backend.otcmarkets.com/otcapi/company/sec-filings/12643682/content/html
You have up to September 18, 2018 to obtain a Stock Certificate and mail your shares to the company.
Six months later, the company will announce how many shares, of any, they are repurchasing, at $0.01.
Then you travel to the Kelseyville headquarters to get your check.
Pretty simple, no ?