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Barbara Bauman was court appointed custodian until 3/21
are you just cut-n-pasting a thesaurus? That makes literally no sense.
a small coffee stain...
%33 would have been better...I could buy another cow...
Where's my stuffed peanut butter, sauerkraut & blu cheese Pretzel?...
OTC is not updated, have to look at SOS;
No worries, I bought the cow...
I made money twice...expect to make more.
How do you know the goats are innocent???
What ever one they said was converted I guess..
Someone named fencepost says GRLT is getting acquired by Tiktok???
Sooo..when is this note due to be converted???
Considering the likelihood they are of the "Kings of the East" I don't expect them to ever play along.
Stop comparing it to HIRU. No relationship at all. HIRU does not have a former CEO being prosecuted by the SEC for securities fraud!
The CE label is strictly a label used by the OTCM for communicating to traders the ticker has a major stink problem caused by the managements actions. BLLB has a major stink, its former CEO has been charged with securities fraud. The former CEO appointed the current CEO as well if I remember correctly. That makes things look bad. We have no way of knowing what their requirement is for declaring BLLB stench free. For all we know the OTCM won't remove the CE label until the SEC is finished with the former CEO without involving the current CEO.
PINK/CURRENT is only about record keeping. It means exactly what it says CURRENT!. They have satisfied that requirement, quite awhile ago.
This is the mistake everyone makes when trying to argue against the chances of a RS. I have been through 12 custodianships and 9 RS's. At least half of those had a SS under 500m.
The new company has their agenda, being illiquid for a year or more often means nothing to their plans. Once they own the SS they can make it as liquid as they wish by selling shares.
This is a used car and we are just a bunch of illegal immigrants hiding in the trunk trying tell them where to drive. They don't care what we think and they will eventually empty the trunk in favor of their own baggage...
Whether or not a RS will happen is a crap shoot at this point. Many like to declare the SS is too small for an RS, maybe, but still possible.
New owners like control over the SS. The whole point of going public is to fund the company through startup or expansion. If this does RS it would be small, like 1:3 at best. All depends on who moves in and what their plans are.
Your options are to risk investing in a new company or get out pre-RM.
naw...just $$$$...getting one the OTCM hasn't banned might cost a tiny bit more.
You can say it, MNMR is bad news. They can't be mentioned here because of lawsuits. Lawsuits is part of their business plan, they are involved in a lot of them. They have been caught planting trash talkers on boards of other custodian tickers like Lazar. They don't seem to like competition. Might not matter, if they aren't pink soon it won't be going anywhere.
DE tickers are crap now. Activist judge doesn't like custodianships. Synergy might be looking for a way to avoid the court as it has with some other DE tickers.
ex date was Oct 18th I think.
Fairly obvious who cares...the OTCM. The CE comes off when they no longer care about the tickers history.
Did HIRU have a former CEO charged with securities fraud? That's what this is really about, trying to clean the stink off takes time.
Real stocks are listed on an exchange....
You say tomato, I say XiHongShi...Question now is where is the bottom and who will catch it without bleeding?
...How to catch a falling blade...catchy title for a book, yes?
Many can't trade "D" tickers(or won't)....perfectly normal until it comes off. My account has yet to settle so, I can't trade it.
As usual the devil is in the details. The wording would suggest the OTCM is not the only way of being "current". Paying off the OTC may not be necessary to stay within SEC guidelines.
Just going through the usual list, I didn't check to see if he had done it. He started going straight to SEC and filing 8-ks when all the new rules started hitting the fan.
Who owns this isn't news, they have been filing with SEC all year.
The Company, through our subsidiaries, develops, produces, markets and sells “coffee tea” products, which represent drinks made from a mixture of coffee and tea, as well as black coffee products and other coffee products. We sell our products wholesale to retail partners and corporate customers, and we also sell directly to consumers in the PRC via our e-commerce channels. We adopted the “online to offline”, or O2O sales mode (i.e. selling products online and delivering products through offline channels), committing to building the first brand of “coffee tea” culture in the PRC.
Things to do;
- File motion for termination of custodianship.
- Get motion granted.
- Maybe get current with OTC. This does not have to happen. He can let new owner do this. Lately lazar has been getting current with SEC instead.
- Transfer control block to new owners. This will show in a SOS filing and an 8K with SEC(if they are not dark).
- A filing showing new officers usually follows closely.
- Historically, the "Q" does not come off until new owners file for a new ticker symbol. The court ending a BK doesn't mean anything to the OTC, you have to file and pay to get ticker changed.
Unlikely to see anything until Lazar motions for termination of custodianship and court approves.
THIS IS FUN!!!!! WHO ARE WE YELLING AT????
I never take tweets seriously. Its akin to writing on a truckstop restroom wall.
LICH is getting acquired by TikToc???
I found it. word at the time was many of these were making covid related prs's.
https://www.sec.gov/news/press-release/2021-35
SEC came down hard on all the covid scam tickers this year, would be damn stupid to try another one.
Anyone who plays Lazar picks knows there is never any news until the new owner decides to PR something. Lazar does not do PRs. SOS, SEC and court docket filings are all you get. Got to know how to read them.
The company has made announcements concerning getting current with OTC to avoid getting grey listed in sept.