Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Agreed, it looks like they're trying to accumulate as many .0001's and .0002's as possible. News must be close.
$GGII
Nice 100mil bid on .0002's!
$GGII
Either direction will definitely bring good value here... looking forward to it.
$GGII
Sounds good. Definitely looking forward to getting an update soon!
$GGII
Thanks for the heads up, I just subscribed. I have a feeling things are going to get very interesting.
$GEGP
No, that deal was never "done". Wong might not have liked what he saw with RDFY, because that agreement was terminated a few months later:
https://www.sec.gov/Archives/edgar/data/876134/000101041213000109/terminationagreement.htm
I don't understand the connection you are trying to make with RDFY's R/S? GEGP did not announce an R/S in the 8K with IceLounge.
$GEGP
Nice volume right before market close today, patience will pay off here.
$GGII
.0002's clearing!
$GGII
Please copy and paste the quote where you are seeing an RS... if you are referring to this quote:
It owns all 2,000,000 shares of our Series A Preferred Stock, which votes, together with our common stock at a ratio of 100 to 1.
.0002's on the bid...
$GEGP
Interesting, the website no longer shows "suspended account": http://www.crossclickmedia.com/
It's still an inactive website, but I thought I'd point out the change.
$XCLK
Rainmaker, looks like that deal was terminated a few months later:
https://backend.otcmarkets.com/otcapi/company/sec-filings/9225685/content/html
IceLounge Media has been in business for a little while. That’s a good sign imo.
$GEGP
Wow this is awesome news. GEGP was involved in a merger as we suspected! Can’t wait to see what tomorrow brings...
$GEGP
You're welcome. And I agree, at least we are able to get some kind of transparency despite dead silence from VCPS.
I'm not an expert in this category (and anyone can correct me if my information is incorrect), but the TA reports current SS numbers independent from VCPS and also independent of VCPS' filing status. They even report the current SS for companies in the Grey Market too.
Every TA does things a little differently and has different rules on how they report, but VCPS' TA in particular (VStock Transfer LLC) reports current AS and OS numbers monthly for all of their clients (from what I see):
https://www.otcmarkets.com/learn/service-providers/3292?t=6
The only benefit the TA provides in VCPS' case is a little more transparency.
$VCPS
Yes that’s true, thanks for the correction.
I was trying to refer to companies like VCPS if they were non-SEC reporting. But you’re right, they really are not current or delinquent where they’re dark reporting. Just an OTC Markets name tag at that point.
Yes, I agree. No dilution has been a good sign for current holders of VCPS at least.
The main problem is that VCPS needs to get funding from somewhere though, and if nobody is diluting then it makes you wonder how they plan on paying off their current debt and also finding money for a new auditor. I can’t imagine management would let VCPS sit silent for that reason.
The best hope for VCPS would be that they change their direction and pursue something other than the wine app. Like you said. OR they find someone that’s interested in a RM, but they would also have to take all of VCPS’ current debt as well.
$VCPS
What “lucky,mydog” said. They would need to file the audited 10-K in order to become current.
The attorney letter applies only to companies who file under non-SEC reporting requirements. They file the 10-K as well as an attorney letter in order to become current.
$VCPS
This is a good reference, thanks for posting.
Since the TA updates the SS monthly, we should be seeing updated SS numbers within the next few days on OTC Markets.
$VCPS
The “Transfer Agent Verified” numbers on OTC Markets are legitimate, and they are updated by VCPS’ Transfer Agent. Transfer Agents handle the issuing of shares, so that would be fraudulent if they were to update the SS with false information.
https://www.otcmarkets.com/files/Transfer%20Agent%20Verified%20Share%20Program_April2018%20Final.pdf
It’s tough telling where the volume from recent months has been coming from. But with 2.8B shares out there, it’s not too ridiculous to think that it could’ve all been from retail.
$VCPS
You're welcome. GLTA.
$GEGP
Yes, I think any RM or reverse takeover will be good for shareholders (or lotto-holders). Any announcement of RM in the OTC usually sends the stock price up big. IMO.
Fytton is doing things the right way too. GEGP has zero toxic debt and filing under SEC requirements, making this a valuable stock to RM with.
$GEGP
I can't believe how quiet it is on this board, despite the huge volume yesterday. This is a very good sign imo.
$GGII
Technically GEGP is not a shell since it was never declared a shell in it's SEC filings, but it doesn't have to be a shell for a RM or reverse takeover.
I'm wondering if GEGP was listed on that site since before the stop sign appeared, since all of their companies for sale are "ranked as YIELD or have a CURRENT rank". My best guess is that GEGP has been purchased already, and that will explain why Fytton is filing complete financials for past years. All IMO.
$GEGP
Something big may be happening here. Let’s see what tomorrow brings...
$GGII
Agree, I'm wondering if there was a news leak somewhere. Not many (if any) people were posting when the volume first started, so it doesn't seem to be a pump and dump campaign trying to run this imo lol.
$GGII
523m bid at .0002??? WOW. Major demand for shares here...
$GGII
.0002's cleared. What's causing this sudden buying I wonder?
$GGII
.0002 blocks are going... .0003's up soon?
$GGII
A stroke of luck I’d say! This company (MMG) handles RMs and reverse takeovers, and I’ve seen them involved in a few OTC stocks in the past. While looking through the public shells they had, I noticed GEGP’s listing and made the connection when I saw the details.
GEGP’s listing has a lot of value compared to the rest (especially being a SEC reporting shell), as you mentioned. I don’t think it’ll be long before something happens here...
$GEGP
Oh yes that’s true, thanks. I will do that if I need to!
$GEGP
Understood - I noticed those rules. I figured I would share what I found. If it’s removed, I won’t try to repost.
I did email that company about the listing. (All of this is a PM reply)
All I know is that it’s sometime this year. Will have to email them about this listing.
$GEGP
Looks like MMG primarily handles reverse mergers and takeovers: https://bit.ly/2yEOFAb
$GEGP
Check this out. This looks like GEGP listed on MMG's website: https://bit.ly/2trc170
All of the details (OS, incorporation date, incorporation state) match up exactly... is MMG taking control of the GEGP shell?
$GEGP
You’re welcome, glad I could help.
Interesting we get sudden block buying at .0002’s one day, followed by a big bid increase with small volume the next day. Maybe this week will tell us more about what’s going on here imo.
$GGII
Seems strange that Tubig Blockchain has suddenly disappeared after unsuccessfully pumping/merging with ECCI... their twitter and website have disappeared.
They seemed like they were legit and gonna get somewhere, but they dropped off the face of the earth. Did they solely run that “campaign” in order to try and take over ECCI?? It sure seems that way now. Idk.
Maybe I’m just thinking nonsense out loud, but who knows. Unforeseen entities might be looking at the ECCI shell closer than we think. Maybe not.
$ECCI
Agreed, their toxic debt is actually not bad compared to many OTC stocks. I’d imagine they lowered a lot of that debt with all the dilution this year too.
It’s very possible they could be working on something big because VCPS does have some good value to it, especially with the decent (not bloated) share structure.
$VCPS
For anyone interested in the details on these dilution restrictions, here is a post I found which helps explain things: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141613869
FYI Alpine Securities is the top (if not only) clearing firm for micro penny note holders. They’re the guys that would authorize BMIC and other dilutor MMs to drop massive selling blocks of dilution in OTC stocks like VCPS.
I don’t think it’s any coincidence that VCPS stopped diluting after these restrictions were put in effect back in April. Makes me really wonder what VCPS is going to do if their note holders cannot dilute. You’d think something would happen here at some point soon.
$VCPS