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My favorite play in all of OTC!
Bankruptcy will do that
Yea just a matter of time before word gets out about this one. One of the best looking shells out there IMO. And the supplemental information Chiang filed with the courts helps seal the deal about getting granted
New custodianship
Case Information
A-19-791451-P | In the Matter of the Petition of Small Cap Compliance, LLC
Case Number
A-19-791451-P
Court
Department 23
Judicial Officer
Miley, Stefany
File Date
03/20/2019
Case Type
Other Civil Filings (Petition)
Case Status
Open
Party
Respondent (Participant)
Worldwide Strategies Incorporated
Petitioner
Small Cap Compliance, LLC
Active Attorneys
Lead Attorney
Chasey, Peter L.
Retained
Events and Hearings
03/20/2019 Initial Appearance Fee Disclosure
View Document Initial Appearance Fee Disclosure - IAFD (CIV)
Comment
Initial Appearance Fee Disclosure
03/20/2019 Application
View Document Application - APPL (CIV)
Comment
Application for Appointment of Custodian
Yea I think you’re right. I loaded vet early and considered taking some profits myself but I still think this is way undervalued considering the way Glass has been getting things done. Any hint of merger and this goes into the $millions. I’m holding for that, IMO this is an easy 400% from these levels, maybe more depending on who buys the shell
Funny that someone would sit on the bid at .0097 instead of hitting the ask at .01. As if that .0003 makes any difference at all SMH
Yea he’s been very solid, I can’t believe the lack of interest here with this micro market cap. Other shell hijackers’ plays sit in the $millions while this sits around $500k.
Yea same judge as another case that got rescheduled today, seems he doesn’t know how to deal with these type of cases and reassigned them to business court. More time to load up that’s all
Ha, maybe .10
Yupp, I slapped the ask for a few more today. Should start getting more volume as we get closer to the hearing. The float will get smaller and smaller, tic toc
Rhonda usually only terminates after they find a buyer, if this one follows suit I think we see an updated NVSOS rather quickly. Let’s goo $LSAL!
I still think this blows past a nickel in the near term
Hemp??
Personally I like his other Q custodianship better, but they both look very good
20x would be nice, may take until merger announcement for that tho. Definitely possible here tho!
You don’t think a clean shell is worth $1 million dollars?
Very nice, .05 would serve you well then
Haha I’m not counting on .40 ever, he better find an extremely good company for that!
These prices are still dirt cheap, they should be holding above .02 minimum. Market cap $500k!
There are many shells without the solid DD this has sitting in the $millions. This is still way undervalued above the .02 range IMO
Custodianship granted
Even at .015 this is still sitting under $500k, this has a very long way to run still. Love it
He will definitely get it reinstated and bring it current on filings. Then it might sit for a while before merger. Who knows how long it’ll take for that because he currently has many shells for sale. I was in one he finished a couple months ago, DRSX went to TEAH. Did very well on that one
I think $1 mil is a fair price for an empty shell. The 5 bagger would put us around there. Once merger happens it should go much higher than that depending on who buys the shell
I definitely think it will be more, just trying to be conservative
Thanks!
Idk but I grabbed as many .04’s as I could get my hand on. If anyone else wants to put them back on the ask I’ll take them
Got some too, $200k market cap at $1.
At $5 this will only be a million market cap! No brainer here IMO
Only problem is the new OS will be 280k. Once they issue millions of new shares for the acquisition the market cap goes through the roof and our few measly pre split shares get drowned out. I’m not a fan anymore, I wish everyone who sticks around the best of luck
Well said Cache
Haha not with this market cap!
If it gets low enough we may just see a filing showing Delfin loading more
I’m in too, very cheap here!
Yupp, we could have a long way to run from here :)
We will have to see what the updated share structure is. Last reported was 2007. Looks like they were converting quite a few notes back then, and issuing shares for consulting agreements. Latest reported conversions were at $1.01 per share from what I can tell. Very interested to see updates.
What I really love about this play is that from my past experience with Rhonda cases she only files to terminate after she finds a buyer for the shell. I think this should move fairly quickly after termination if this one follows suit
No problem, case number A-18-780147-P
Nice, I’m very excited about this one, only 11 mil OS, $200K market cap! Can’t go wrong with this play IMO
Hearing today to terminate custodianship. Time to wake up!
$LSAL hearing today to terminate custodianship. Merger very close IMO
This market cap is a joke, as long as this gets granted it’ll be a very easy 5 bagger from down here. I can’t believe there’s not more buying happening
Looks like a winner to me!