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#XRPCommunity, we've heard a lot about you, and we're excited to announce that we're looking into @Ripple & the XRP Ledger for our latest acquisition pursuit in the biometrics space and our desire to transition its proprietary technology onto the blockchain. Stay tuned for more!
#XRPCommunity, we've heard a lot about you, and we're excited to announce that we're looking into @Ripple & the XRP Ledger for our latest acquisition pursuit in the biometrics space and our desire to transition its proprietary technology onto the blockchain. Stay tuned for more! pic.twitter.com/L9RWLOHmuB
— Aluf Holdings Inc (@AlufHoldings) March 6, 2019
LOOKING TO SLAP A BOAT TOMORROW MORNING :)
I think that is Theresa’s gameplan; she said a update would come after plans for the RS would’ve become effective. The day the SOS change occurred, I was expecting to see it on FINRA by the EOW from the change. Didn’t happen.. Maria does bring a point that the last RS didn’t happen months after from when it was first spoken about. But there was no effective date on this one listed, it’s a 50-50 scenario right now.
FINRA can comeback and deny it given the history of numerous RSs here.
“The acquisition comes on the heels of the company forming a new board of directors expected to guide the company as it moves to concentrate on Biometrics and blockchain technologies. Aluf Holdings is eyeing potential acquisitions as it looks to gain a head start in the biometric space.”
https://www.google.com/amp/s/insiderfinancial.com/why-aluf-holdings-inc-otcmktsahix-up-220/178416/amp/
Mentioned back in April 2019:
“Biometrics is disruptive, transformative, and revolutionary,” adds Zandi. “When you combine the power and portability of these ultra-identification technologies with zero knowledge storage, encryption, privacy, security and trust available through blockchain, you have a solution that is game-changing. We’re going to be the ones that bring that to market.”
*Last Paragraph
https://www.biometricupdate.com/201904/aluf-holdings-merger-and-acquisition-strategy-targets-biometrics-and-blockchain-enterprises
We will go back to the .0015+ region, quickly. There are legitimate revenues here, COLOTRAQ Acquisition is REAL & they have still not updated us on the CBD developments and projects.
Like I said, it could be a fun week ahead.
Agreed; could be a fun week, if we get a update on everything ongoing. A RS cancellation would be even bigger.
SMART MOVE :)
Correct, unless after the SOS change a FINRA Approval was shared immediately.. it’d be a different story; only cause of delay on this, would be a denial. Theresa did state that they requested another round of paperwork; perhaps it didn’t check out.
Me either, but SOS change has happened. Unless, it’s like what Slojab said; unless they presumably changed the SOS under the impression the RS would get approved no matter what, that’s the only possible scenario that makes sense. If not and it’s denied, $AHIX can climb back to .0016+ region or more. Plus, news is still due.
GOOD AFTERNOON $SUTI, EXCITED FOR THE WEEK AHEAD.
Nada, CFO said there is no effective date on the RS. Looks like it’s in the air but since SOS does indicate a change; I’m sure it will be administered sometime soon. Looks like a 50-50 situation to me, but Maria & Slojab have many valid points here in regards to the history and why it will happen again.
They’d have to mail out mailer wouldn’t they?
HAPPY THANKSGIVING $SUTI!
HAPPY THANKSGIVING $SBES!
HAPPY THANKSGIVING $AHIX!
I SAW THAT, NICE!
But there’s no effective date on the RS, although SOS shows the change in AS..
FINRA approval could very well be rejected
Last response:
When the previous RSS was done in 2015 there was a balance owed on a convertible note to, what we thought was, a "friendly", (a former consultant). Not only did this consultant surprise everyone by submitting conversion notices but they also sold off parcels of their note to others creating a death spiral. This will not occur again because there is no convertible debt that can be or will be converted at this time.
I used your point to Teresa, stating she using the RS to keep her 14% in the company. This is the response I got:
“The RSS uniformly affects all issued and outstanding shares of the company’s common stock and will not alter any stockholder's percentage ownership interest in the company, except to the extent that the RSS results in fractional shares. No fractional shares will be issued in connection with the RSS. Any fractional share that would result from the RSS will be rounded up to the nearest whole share.”
Hope they deny it, lmao
But if additional paperwork was required, another round; would that mean FINRA is perhaps in a uncertainty then?
CFO states FINRA requested another round of paperwork she spent all day today putting together; says when they are finished reviewing the new submissions.. she will get the approval to release the PR.
I agree, but like you said; there is probably more to the story than we know. Time will tell.
Plenty of OTC stocks with a 3B+ OS sitting well over trips; not the worst SS here.
And the few that have told me, was that she’s waiting on the approval from FINRA before releasing a update; if a denial has been made, perhaps she is changing game plans.
Then if they’ve received the green light to update the SOS and we see no presence on the daily list for FINRA; what are probable causes for the delay besides that it was denied?
I was told by several whom kept in communication with the CFO, that she would release news upon FINRA’s Approval. $AHIX has conducted 5 splits, 3 forwards and 2 reverse. This would be the 3rd RS, if we don’t see AHIX on FINRA’s Daily List by tomorrow; what’re the chances this RS was denied?
Even though SOS has been updated; could FINRA still deny the RS?
GOOD MORNING $SBES
GOOD MORNING $SUTI
GOOD MORNING $AHIX
Insiders own 1.3B, they got to have something lined up for this to appreciate
Good, this is a blessing in disguise. I’m ready.
After the SOS has been updated, how long after should they gain FINRA approval? Or are the two completely irrelevant to each other?
I think it’s a good move, this can blow up to the price where it needs to be
A typo, that was a huge mistake. Lmao.
Sorry, typo MIKEY.
NVSOS Updated, AS at 1M.
https://esos.nv.gov/EntitySearch/BusinessFilingHistoryOnline
lmao