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Sounds good, thanks!
$GEGP
Nice, they finally updated the unrestricted/restricted counts. 4,309,652,102 restricted shares is a big holding out of the 9.1B OS.
$GEGP
Officer/Director list updated on Sunbiz
James Kander and Robert Schlegel are now listed as officers on the state entity:
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?InquiryType=EntityName&aggregateId=domp-p07000096562-942df39c-2da6-481b-827e-3d8053818d42&searchTerm=Gold%20Entertainment%20Group%2C%20Inc.¤tPage=0&ListNameOrder=GOLDENTERTAINMENTGROUP%20P070000965620&SearchNameOrder=GOLDENTERTAINMENTGROUP%20P070000965620&directionType=Initial
$GEGP
1.9B is a pretty small float here for a .0001...
I checked out that Merger doc on the New Jersey SOS. Looks like the company redomiciled to Delaware. The entity is active. I wonder if there are plans in the future for this stock?
$FRHV
Yes, the potential is definitely here. But you never know what's going to happen with OTC stocks, and it's always a risk. The SEC won't like them staying delinquent for too long either, although many SEC reporting stocks tend to get away with delinquency for years.
I guess we'll keep our eyes on VCPS until something happens. Hopefully sooner rather than later.
$VCPS
My favorite thing about this whole mess is these notes are mostly "accrued payroll due to the CEO". Not sure what Pete deserves to get paid for, but hey, it is what it is.
Agreed, the company was issuing many shares (for paying off debt and the CEO) at the expense of the pps. Despite the heavy dilution by the company, the OS really is not as bloated as it could've been.
I wonder if these court cases have been delaying the financials? Especially since the 10K has to be audited. I can't imagine management just walking away from VCPS imo. Besides Zouvas (who isn't even part of management), VCPS management has some big names that could easily try to turn this stock around if they wanted to.
3D Eye Solutions Acquires Real Estate Group, Seeks Additional Real Estate Acquisitions
They don't need the stock to go up in order to make money. With dilution, they can make money by selling shares at any price. If the stock goes up while they are selling, then it's an added benefit.
For instance, the company can dilute by converting their preferred stock into shares.. here's a snippet from one of VCPS' 10Q's showing the dilutive properties of each class of preferred stock that they own:
https://backend.otcmarkets.com/otcapi/company/sec-filings/12493099/content/html#FORM10-Q_HTM_A_006
Shell Risk is a name tag that OTC Markets might slap on some OTC stocks. Here is a description on their website:
That's up to LaChapelle and company whether they'll try to continue with VCPS, but it's been proven that Zouvas has tainted VCPS with pump and dump activities. I can't say VCPS is finished though simply because the OTC is full of tainted stocks with dirty histories.
You're welcome, StockBull. That's a good summary of VCPS. It's too bad that shareholders had to get caught up in this mess with Zouvas. Makes you wonder what LaChapelle's next course of action is now.
You're welcome. As for VCPS' future, I am unsure. I'm curious if VCPS will try to distance themselves from Zouvas or not because of this indictment...
The only delisting VCPS can get is if the stock is suspended and ends up on the Grey Market. But that's only if the SEC gets involved and investigates VCPS.
Maybe someone can offer more insight on this situation, because this is not my expertise. GLTA.
$VCPS
Great, thanks for the update!
$GGII
Love the momentum here. Shouldn’t be long now, especially since the company recently updated their profile on OTC Markets...
$GGII
IMO, a reverse split on any OTC Pink ticker is a risky play. Especially if they are planning on reverse splitting without even releasing news or other updates. I’m surprised there was no announcement on the closing of this acquisition.
I almost think they were supposed to formally announce the new management and corporate actions. But I’m pretty sure that might only apply to SEC reporting companies - not dark reporting like TDEY.
Let’s see what happens on Monday...
I knew this already. What you quoted from me was a hypothetical reference to Midwest’s post.
SUTI’s RS happened almost 4 years ago. Although Eddie has avoided the wrath of the SEC as you’ve said, that still doesn’t mean FINRA can’t question TDEY’s past and present releases from the past few years. But we’ll see what happens, and if they manage to slip through the cracks again.
The “shareholders” (aka Eddie) approved it, so we’re waiting on FINRA to process it.
Keep an eye on FINRA’s daily corporate actions:
http://otce.finra.org/DLDividendsDistributionsSplit
IF FINRA actually processes this corporate action. Can’t underestimate Rule 6490, especially since management is crooked, as you say.
Thanks for the DD. I would be surprised if FINRA processed TDEY’s reverse split, considering the past history of Leinwand and Vakser. GLTA.
Eddie has tried to reverse split in the past with PRPM (back in 2014), but PRPM later rescinded the action. It was surprisingly a small RS (1:10), so there’s a chance FINRA might have denied the RS request.
https://wyobiz.wy.gov/Business/GetImages.aspx?sid=136101137074185072049027009082110246223057058072&stid=143081052037131049174101151060105191121240225143
https://www.otcmarkets.com/stock/PRPM/news/ProTek-Capital-Luxuriant-Holdings-Announce-Cancelation-of-the-Reverse-Stock-Split-Appointment-of-New-Board-of-Director-a?id=76306
I’m very curious if FINRA will deny the reverse split or not. Especially now because of Jonathan Leinwand’s involvement. FINRA has been strict with corporate actions on OTC stocks lately, especially with the authority they have with FINRA rule 6490.
https://www.securitieslawyer101.com/2015/finra-rule-6490-lawyers/
There’s a connection here. During those random volume days in May, a majority of the volume was during the last hour of trading...
I wonder if these big block sellers are hoping for that last-hour volume to come back lol.
$VCPS
Given the history of past and present management, I would be surprised if FINRA approves any corporate action here.
You're welcome
$TDEY
https://wyobiz.wy.gov/business/GetImages.aspx?sid=042228070087017040152020228087146013053165245145&stid=121207255159209202156082212102091217249082056121
Eddie is no longer listed as an officer on the Annual Report filed yesterday.
$TDEY
Verified Profile 07/2018
Looks like those two gentleman verified the OTC Markets profile very recently... updates soon?
https://www.otcmarkets.com/stock/GGII/profile
Nice sticky, thanks for the compilation.
$GGII
The deal with DASA Properties LLC must be closing then. The PR back in May stated that the agreement will call for the "issuance of preferred stock and warrants to the members of DASA in exchange for 100% of their outstanding membership interests."
https://ih.advfn.com/p.php?pid=nmona&article=77411693
https://www.dasarealestate.com/team/
By issuing them preferred stock, they essentially own part of TDEY now. The fact that Eddie's name is no longer listed as an officer might mean that he handed over his preferred stock. We can't be sure until we see the next financial report or a PR about this transaction.
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=235177147139026230168114067093096250002086178042
$TDEY
Yes, read wickw50's posts. GGII is under different control.. this is no longer Green Globe. Insiders are loading up here imo.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142002862
Wow, ASKE finally has a bid again. Must be a pump coming...
Lots of buying and support at .0003, this should finally help break us out to higher levels. The resistance we've gotten at .0003 must be from leftover sellers who bought in last year.
$GGII
Not a problem, thanks for that information. I only noticed that the case was listed as "Active" but didn't even think to check the date of the last entry.
DKTS is currently in process of being hijacked by Alessi, according to research by a poster on the DKTS board:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141091216
Premarket .0003 Bid x .0004 Ask!
$GGII
Looking forward to the rest of this week, thanks for your updates. Go GGII.
$GGII
Thanks for the update. The wait will be worth it.
It’s obvious that they have been working hard to get GGII back in business since last year. The recent movement here tells me things are getting close. Can’t wait for a public release.
$GGII
Very nice, someone cleaned out the 3's!
$GGII
Looks like .0003's might get taken out soon..
$GGII
Looking good. Entuit is making money!
$NOUV