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Buying a million at .0002 is like buying 250 shares at .80 post RS.
How do get in to a new public offering...you hang around the otc and hope some company buys your ticker...that’s happening here!
Form S-1 is an SEC filing used by companies planning on going public to register their securities with the U.S. Securities and Exchange Commission (SEC) as the "registration statement by the Securities Act of 1933".
Closing price 7/22 was .0005...
Easy there... no reason to text that way...
“If the reverse stock split were approved as of today”
Then it would be 9.2
Each Company shareholder will receive a stock dividend.
4000 @.0003 now = 1 share @ $1.20 post split.
Still here
And now you know why there are so many flippers...they buy set a percentage and get out! Especially in the the sub-penny market!!!
You never see a smart mouse in a trap but you do see them with the cheese
According to the words in the filing it states a 1 for 4000 then a 1 for 10 unless the 1 for 10 is a mistake!
Just be READY for anything!!!
It appears that this will continue upward...but there are a lot of strategic elements here...especially with Sharks that smell corporate blood!!!
7,000,000@ .0005 = $3500
7,000,000 split by 4000
= 1750@$2 = $3500
1750 split by 10
= 175@$20 = $3500
Normally the Chances of shorts and sell off of those receiving their new shares first is extremely HIGH.
The “normal sentiment” after a R/S is a “house on fire”... you try to save what you can before it’s all destroyed.
NOT SURE ABOUT THIS ONE!!!
? 1 for 4000 split
? then 1 for 10 split (is this a typo)
If so, effectively, that is 1 for 40,000
Effects of the Reverse Stock Split
.... Immediately following the effectiveness of the Reverse Stock Split, each ten shares of Common Stock owned by a stockholder immediately prior to the Reverse Stock Split will automatically convert into one share of Common Stock after the Reverse Stock Split.
My worst R/s was 100,000 for 1.
Just being real with my own experience ...IMO in the long run it goes up
Another issue with r/s that goes negative quickly...is not everybody gets their new shares distributed at the same time...
I don’t think this will go negative but going negative is way more possible than going positive!!!
Bro-in-law and I had same stock is a R/S . He got his shares 2 weeks after I got mine...which I sold quickly...he suffered a great loss because the reversed stock dropped like a rock!
Oh I think I’ll still make profit...just not as much
High profit runs are much harder to attain after a reverse split! 5,000,000 shares at .0005 = $2500. 5mil x .03 = $150k!!!
Post split 5mil divided 4K = 1250 shares @ $2.00. To make $150k the share price will have to increase to $120 per share.
.0005 to .03 is a lot easier than $2 to $120 imo
Why...they don’t make decisions about a company’s finances!
Watch for shorts after the split...
Make sure you set a high sell order to tie up all your shares and keep them from them.
Wanda, Wanda, Wanda what are you up to...are we up-listing?
Be careful selling here!
Well...
Flippers loading their boats again
If volume represented wind for sailing looks like I’m going to have row back to shore!!!
Now I can lol
I think I’m awake
Old 2008 or so
IMO what you may have read in the 10q about the future of the train was just old narratives that had been left on the form as the wind down of that company is completed.
If I’m wrong then this is just a group of old guys that want to play trains again:)
Doing this will develop a investor market which in the long run is going to create a greater pool of money for future financing.
CEO suggestion... Rates are cheap these days...a low rate loan could enable you to do a buyback of Shares and reset lvxi’s debt as part of your BDP.
?’s for the new CEO ...
• When will you be finished winding down the Lvxi company you took over?
• Are you going to use the lvxi company as a reverse merger to take your other business public?
• Is GeoCommand going to expand deeper into the cyber security industry?
• Are you in contact with The Hyperloop train concept developed by SpaceX and Tesla?
Good time to jump back in
Are you positioned for news...
Don’t get caught having sold your position!
• Every stock has buyers and sellers!!
• This is the beginning of a reverse merger. Las Vegas train has gone private.
• The LVXI ticker has a new CEO and new board of directors.
. The new CEO has another company “GeoCommand” that is rumored to want to go public. The “Reverse Merger”.
Wanda the cfo has been doing this for awhile and I’m sure she had her financials ready to go. Albie and his board are probably interjecting changes in preparation for the new business development plan.
Perhaps we’ll hear something about the new CEO’s plans by then....
They have till 8/31 according to the last 10q To file their 2nd quarter.