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you are nuts.
$114,000 total volume today so far - pathetic!
news dont always leak LOL
why is Co name worth millions?
Who thinks deal is delayed until Aug 31st?
Until after the A/S R/S vote takes place.
another delay until after the AS RS vote is very likely based on recent history of repetitive delays.
repeated delays are never a good sign.
8/31/22 - new deal close date. mark it.
its is clearly wanted by the management: 1. they want to get the votes to do it 2. they keep pushing the deal out until after they get #1. the management wants to destroy shareholder value with that crazy split and AS raise. think about it. they want it. what does it tell you about them caring about shareholder value? they dont give a flying f.. about us.
I think they will delay again until after the new vote date. LOL
Why is AS RS not happening?
Deal delay until after Aug 17th will not surprise me...
yes, but what dummy will wait for RS/AS effect to hit the tape? its like a ticking time bomb. sure fine to hold some lunch money in it. but full position??
Moving deal close date AFTER A/S R/S vote explains this drop.
They want to dilute out common shareholders BEFORE deal is closed. Why? They want to make money for themselves. Not for us.
You realize there is very very very little chance R/S in cancelled....and that 500 to 1000 RS will cause a 99% price drop?
who are "they"?
the company has a key to cheap shares - A/S raise and R/S.
Why close deal after dilutive R/S vote?
they just put out update ..literally. deal delayed until AFTER A/S increase & R/S vote.
Vote July 25th. Deal close July 31st.
Will they dilute shareholders first? That is the question....
too much going on here
Lets count positives vs. negatives:
Negatives:
1. June 3rd - Pending lawsuit with deb tholder
2. July 25th - Pending A/S increase (if voted through)
3. July 25th - Pending R/S 500 to 1000:1 (if voted through)
4. July 31st - new deal deadline. Deal delayed twice, so the risk that it wont go through exists.
Lets count positives:
1. Massive stake in Ostendo *IF* deal goes through.
2. Big value investor is holding $4M worth of debt notes (prior to AS/RS news and prior to lawsuit).
3. Currently maxed out SS with only $19M MC.
A mixed bag to say the least. Did i miss anything?
I will LMAO if Caren gets in a monster merger in here and this runs to 10cents after being on “you know who’s” sh*t list ! LOL.
started position at 0.019
what are you even talking about? there is no share dumping. look at these tiny volume days. 4 business days to report. we are on day #2.
FYI: 4 business days window to report the news.
i think they are working on additional PR because they want it to go out at the same time. i think two updates are coming: 6/30 deal update AND update on the outstanding debt/lawsuit/ RS A/S situation.
$56,000 volume so far LMAO peanuts....
probably after close.
no volume. measly $28K so far.
i agree. GS did the things he said he would do. Also, i feel that we are safe with him when it comes to criminal dilution, so typical in OTC. How many OTC companies out there diluted their stocks to death? R/Sd and performed criminal A/S increases?
GS truly has shareholders in mind. I dont think there is a "safer" place in the entire OTC.
Go Trifecta!
8-K has to come out within 4 business days of a material event.
let’s hope we caught a big blue fin here $$$WNFT$$$
i cant trade gvsi. sell only. no thank you.
believe in George!
what would create a $1B market cap here?
Correction: 68-45=23M
How much debt was on SYSX books?
68-45=13M
How much debt was on SYSX's books...?
Actually LCLP cancelled R/S a year ago on July 26 2021...after they had a massive merger deal done.
you got it all wrong here. its ostendo shares.
she is confused lol
where did you get $10/share for sysx? you misread 8k...