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Revers splits are typically negative for shareholders because the company will then dilute down again. If there is no news/ structure to sustain the new price it will drop down to its current price again over time and you will own even less shares at 0001. That being said, look at ACB who just did a R/S and trying to build off of it now to sustain and progress which increases the value of your new shares. I have to disagree that doing the R/S right now would help shareholders in any way. If they did that then everyone would just sell right away to get out and it would drop all the way down again. The fact that they could just R/S with no care for shareholders makes me hold on to the hope that there is still more to come with this.
I emailed the company asking about some of the companies listed that they are working with and will link the reply.
Thanks for your interest in CareClix and we look forward to having the opportunity to be able to earn your business. Next, I will like to address some of the concerns addressed on website. We just launched our new website last week and we have been busy fixing bugs and removing errors. Harvard along with the other schools was placed in wrong section of website. Although Harvard trained physicians make up part our network of physicians we currently don’t have a strategic partnership with them, this is an error and they will be removed from site immediately. Thank you.
Johns Hopkins and University Maryland Medical Center partnered with CareClix to provide Howard County school children with access to a doctor while they were at school, using CareClix software and telemedicine carts. In regards to Anthem, CareClix has been working with Healthlink an Anthem owned company for the past two years.
Hope this helps answer your concerns and I look forward to having the opportunity to speak with you.
Regards,
Augusteen
So your saying you think all of these reputable places working with them didn’t do their homework? And all of these stations showing what Careclix has to offer including CNN news decided they’re going to help push a pyramid scheme? Interesting lol
Careclix Membership
https://www.finnadoc.com/ourmembership
Provide me with documentation showing they are not involved with Care Clix then. Care Clix is a legitimate company and being transparent showing who they are working with. Now show your research to prove they’re lying.
I can’t stop looking at the partners/ customers list. IF you think all those companies listed didn’t do their homework then you don’t deserve the profits that will come with this, it’s as simple as that.
Johns Hopkins
MetLife
Anthem
Maxis
Rutgers Health
Trapollo
Harvard medical school
Core Choice
MSNVA
Facebook
Bupa
University of Maryland school of medicine
Georgetown University
Upstate Medical University
Remote area Medical
GW school of medicine and health sciences
Yale university school of medicine
Icahn school of medicine at Mount Sinai
T Mobile
I would expect them to R/S then put news to attempt to sustain the new price/ move up
That would be ridiculous and far fetched to think they don’t communicate during this pandemic when the exceptions were made because of the pandemic.
Yup and PR345 still active. I think there is more to unfold but they certainly are not in a rush to show their hand.
https://mycpa.cpa.state.tx.us/coa/coaSearchBtn
False, read line 6
6. Is one Form 8-K/6-K enough to cover all my late filings?
No. A new Form 8-K/6-K must be made for each late filing.
https://www.lw.com/thoughtLeadership/FAQs--SEC-Filing-Deadline-Relief-for-COVID-19
I am just as frustrated with how long of a hold this has been, I’ve owned this for about a few years now and was hoping to have sold much sooner than this. That being said, the company does appear to be making an effort and there are still clear connections that show Joshua Rebecca as the owner of PR345 and it is active at this time. That will always confuse me with the direction of this along with the fact that the CEO is interm as well. Not focusing on this stock at all just leaving it and if I see movement one day which I think I will then I’ll start looking into updates. There is a reason they have not split it yet but what that is, nobody knows. Best of luck all
They are most likely timing the great financials to post under the new symbol which I am completely for.
Guaranteed they want to release big financial news under the new symbol. Bet we have symbol/name change by release of financials.
8k up
Huggy I completely agree, the SEC wouldn’t need to disclose that they are not investigating them now so the company is looking great! As you always say Huggy, smart investors know how great of an opportunity this stock is and patience will pay!
They don’t answer any phone calls ..how can you be in business to provide staffing but you cannot be reached. Trust me I wanted this to work out also but I’m done watching it.
They had us waiting to see the growth and all I see here is “keep waiting” ...locked into this guess I’ll just forget about it for another year
That’s awesome and I would bet over 500 companies also didn’t file..crazy statistics we have here lol
We can all agree that this sucks timeline wise. We were looking forward to a symbol change and PPS increase coming in the very near future. The part you cannot forget about is that this could make some investors upset, but the company is still flourishing while this goes on. The money is still flowing in at higher increments than this company has ever seen before. Financials will still be incredible. Don't stress on those trying to use this to make you think your investment is gone and your money will plummet. This company is still making incredible movement and there will be PR to follow. One thing I know for sure is that In the end the cash flow will push this company higher, not what I hub members speculate is going on.
I was wondering the same thing. I guess I just feel that they should have given some sort of insight (if there was anything to talk about) instead of just saying ...wait a few more months before we put anything out at all. This was the Q4 they stated to have traction from all their hard work prior to his outbreak so give us something instead of the bandwagon answer. The other part of me that is hopeful something could still be going on behind the curtain has to wonder..why keep this going and holding off on the R/S when its dead and nobody is putting a dime into it. It's not like they are gaining money everyday with its current price they cant sell a single share of this.
GEX Management, Inc. (the “Company”) is furnishing this Current Report on Form 8-K to indicate its reliance on the Order in connection with the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 (the “Report”) due to the circumstances related to COVID-19. In particular, COVID-19 has caused severe disruptions in transportation and limited access to the Company’s facilities resulting in limited support from its staff and professional advisors. The Company has also closed its corporate offices and has requested all employees to work remotely until further notice. Employees affected include certain of its key personnel responsible for assisting the Company in the preparation of its financial statements. In view of these circumstances, the Company has been unable to timely provide its auditors and accountants with financial records to provide consent, and therefore allow the Company to file a timely and accurate Annual Report on Form 10-K for its year ended December 31, 2019 by the prescribed date without undue hardship and expense to the Company. This has, in turn, delayed the Company’s ability to complete its audit and prepare the Report.
Notwithstanding the foregoing, the Company expects to file the Report no later than May 14, 2020 (which is 45 days from the Report’s original filing deadline of March 30, 2020).
The Company is supplementing the risk factors previously disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018 and its subsequent Quarterly Reports on Form 10-Q with the following risk factor:
An occurrence of an uncontrollable event such as the COVID-19 pandemic may negatively affect our operations.
The occurrence of an uncontrollable event such as the COVID-19 pandemic may negatively affect our operations. A pandemic typically results in social distancing, travel bans and quarantine, and this may limit access to our facilities, customers, management, support staff and professional advisors. These factors, in turn, may not only impact our operations, financial condition and demand for our goods and services but our overall ability to react timely to mitigate the impact of this event. In addition, at this time we cannot predict the impact of Covid-19 on our ability to obtain financing necessary for the Company to fund its working capital requirements. Also, it may hamper our efforts to comply with our filing obligations with the Securities and Exchange Commission.
And yes POE has never done any research on his own he strictly pumps and repeats what others put out.
I was very skeptical at first of this SOLI company but as a TDOC investor I think it would make sense to at least look at them. Given their current price. They just had PR come out showing they signed with CoreChoice which for their price will undoubtedly increase their worth and revenues. Just throwing it out there, decision is all yours.
https://www.accesswire.com/582041/CoreChoice-Network-Chooses-CareClix-as-Telemedicine-Partner
I have heard of the issue as well w/ the dosage being a medic myself. Pre-hospital where I work, naxalone is used to regain adequate breathing/ respiration during an opiod overdose. A few things that typically happen when you push a larger dosage quickly 1) the PT sits up and vomits or 2) the Pt becomes enraged and begins fighting the crew while remaining to be altered and confused. Where I work they would never go for this drug because they are constantly reminding pre-hospital workers that sometimes pushing someone into a state of withdrawal can create more of an issue on scene than just using a smaller dosage such as .2 increments to get them breathing again. I completely agree for heavier drugs this could be a great tool but most places would look at it in my opinion and say that there would be a high amount of waste from medics that only want to give it to return respiration. Once an overdose PT is within the hospital they are typically put on a Narcan Drip if they remain symptomatic which is when they put it into an IV bag and let it enter the body over a set time. I own this stock and I am a believer in the product, I would love to see it out. I do also think that other companies would be threatened by the idea so you never know what is going on behind the scenes with approvals like this. GLTA
fake news, they have stated their game plan if you do your own dd. They have even stated the quarter they believe their strategy will begin to show revenue.
You are correct. He posted inaccurate information which is why I commented.
your statement was not a question that is why i was correcting you. No problem
"They will have to do a 1/10,000 split to make this .01 lol"
The split ratio and starting price has already been put out in filings.
they already stated the max ratio which is well below that and a target price it will be post split initially. Both of your numbers are very inaccurate.
any ideas on when they plan to re-submit for FDA approval?
Gotta look at the bigger picture though in terms of why the revenue is where it is. It's not just down for no reason.
I understand most will dump I'm just saying it will initially most likely be 0.10 The way yours was worded it made it sound like you were saying it would be less post split.
The Board of Directors believes that a Reverse Split should, at least initially, increase the price of our shares of Common Stock to approximately $0.10 per share
Have some free time today so doing a little more digging. Reading up a little more about Veterans Capital ( The company that Shaheed Bailey the current Interm Chief Investment officer for GXXM right now works for )
Veterans Capital, Inc. has been in business since 2011. We are formally known as Investoshare, Inc. We help both publicly traded companies from PINKS to NYSE and private companies with consulting, raising and securing capital for recapitalization, growth capital, refinancing, buyouts and strategic acquisitions. We like to focus on underserved markets such as Middle Market Companies and those that are deemed "unbankable". We chose to focus on Middle Market Companies because they are responsible for 1/3 of private sector GDP, have a total of $6 Trillion in annual revenue and employees more than 1/4 of the US workforce. We want to push the Middle Market forward and serve the "unbankable". Veterans Capital, Inc. has been able to build relationships with some of the top financing companies, PE Firms and banks to provide a wide array of products for our clients. We are proud of what we have accomplished thus far and enjoying our year over year growth.
The fact that both Shaheed and Srikumar are both Interm makes me believe this will be making moves when they are ready to release the news. As annoying as it is to have your money locked into something, I'm trying to look at the situation and see what we could be missing.
Another resignation from Quad M this morning. (disregard this was not new this is just an amend)
https://www.sec.gov/cgi-bin/browse-edgar?company=Quad+M+Solutions&owner=exclude&action=getcompany
They stated they want to attempt to increase the value of the stock to reduce the split ratio. I can't think of many reasons it makes sense for them to delay the split if they are actually just cheating people and taking the money. If you were just here to take money you would have done the split and diluted again back down by now in my opinion. What do they have to gain by siting at 0001. If anyone has thoughts as to why they would delay if this is still a scam I would appreciate it. Thank you in advance.
yeah I have no idea either just forwarding information that's all. GLTA
noticed this a little while back i'm sure others are aware also. Sunlight financial the company we associated with the possible merger has forfeited its right to transact business in Texas. Link below for Taxable Entity Search then just type Sunlight Financial.
https://mycpa.cpa.state.tx.us/coa/coaSearchBtn
I do find it interesting that Quad M doesnt reference PR345 at all anymore as if it never was in their past filings. I wonder if Pat Dileo was in on this scheme with Carl from the start.
Quad M Solutions, Inc., (OTCBB Symbol – MMMM), is a reporting public holding
company that collaborates with two wholly owned subsidiaries Quad M Staffing
and NuAxess 2, Inc.
i have trouble taking anything they say serious when they haven't picked up a phone in over a year now.
Registrant intends to file the Report on or prior to the fifth (5th) calendar day following the prescribed due date.
What was the due date for the 10Q? I see this notice to extend was done on November 13'th ..is it 5 from that?
Ty gl to all