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Boys and Girls! Men and Women of All Ages!
With 10thMountain acknowledging the bullish position of the chart and the need for the company to come forth with information, I think we may be on the brink of a massive turnaround. The company fundamentals appear strong. We do not know the debt structure (until fins), but we know they are raking in some serious cash. I still (conjecture) believe that we will see a change in share structure to our advantage in the upcoming documents. Company is solid from all points viewed. PRing of fins aside, we wait with bated breath for the turn of the screw that makes the spark that ignites the fuse that leads to the fuel that will send this stock sky-borne soon! How much longer before the STOP sign becomes a YIELD sign and then a Pink Current declaration? Are you willing to risk what brought you to hold this long for a few more days or weeks? How many are the tears you will shed at missing yet ANOTHER big runner because you needed rent money??? How loud will be the wailing when you see us virtually high-fiving each other when we head north of a dime soon? How sad will be the look on your face when you realize that your retirement was lost due to your own negativity and impatience? Don't be a victim; be a victor!
An interesting article that is relevant on two fronts: some recent market craziness and regulatory delays
https://ih.advfn.com/stock-market/NYSE/credit-suisse-CS/stock-news/84878244/executives-wonder-if-their-stock-selloffs-were-lin
The yearly chart shows higher lows consistently since it started moving. They just can't knock it down, even in this "hate-all-things-OTC" market, i.e. payback for GME and BB. It is steadily bought back up when they try to slam it down. Tells you that some whales are sitting under the floor, pushing it back up every time the MMs jump up and down on it to check it's strength. It's pretty damn strong at this point.
Plus, (the most non-controversial subject on this board) the financials are soon to be released and posted to OTCM to clear the way for Pink Current.
Plus, they have a super team of management and a great and expanding product line.
Plus, their products are hitting at the heart of what humans are concerned about: aging, health, and beauty.
Plus, they have not diluted the shares (I think, JUST SPECULATION, we may be surprised at a new share structure when they update financials - one that does NOT involve a RS).
Plus, any time there is significant volume, it moves like the wind. Give us some 40-100M share days and you will weep like Hilary in 2016 as you watch it fly away from your bids.
Need more? Read the DD on the board and stickies.
Well said, sir! Well said!
Our options are two:
1. Sell
2. Hold
I fully expect that the filings will be adressed tomorrow, simply due to the number of inquiries they have had folowing last Tuesday's Zoom.
Well-written post, Emeraldotter.
Y'all got a little secret club over heah? Lol! VITX gonna blow its lid sooner than later.
The daily wedge is getting tighter and tighter . . . gonna break out one way or the other very soon!
Maybe we need a new (mini) contest to guess the date on which 1) fins are posted to OTCM, and 2) we get current? Gotta get some energy back up in here! What prize? The best book on investing you've never read? A subscription to the Wall Street Journal (lol)? $250 cash? Just throwing it out there??????? Or we could just sit here and either complain about it or celebrate the growth of the company while we wait . . .
At least one reason why none of us are absolutely sure if anything has been filed is that Alois's English is not that great. I found it difficult to put into words what I thought he was saying, even after listening to it over and over. Sommer's is better. I vote that he be the "English" spokesperson for the immediate future.
If you listen closely to the section of last Tuesday's Zoom that I transcribed (and posted here) you hear him say "we had planned for yesterday" which made it sound like they had planned to be PC on Monday, but if you keep listening you will hear that there was a planning session with the founders on Monday, so . . . Did they " plan" on Monday to have everything filed in a few days or was there an earlier " plan" to be PC by Monday? Thus, my earlier post today.
A few days or a few weeks. Alois does not care. As far as he is concerned it is all done - we wait while they work hard to build a bigger company and Wolfgang "make it go up, up, up and up." The unknown sucks, but each will wait only as long as s/he can. There are other plays for other days; this one is for right now.
There are no doubt many others
As aI understand it, that is Wolfgang Ruecker's job.
Yessir! Just trying to get a clarification from him on what was filed, and when. I'll let you know if I get any kind of an answer. Holding long and strong regardless, enough millions to make .05 look attractive for retirement . . . yep, pretty pumped!
If you are wondering how to know when Fins are out and where to read them:
https://www.sec.gov/cgi-bin/browse-edgar?CIK=1609472&owner=exclude
and
https://www.otcmarkets.com/stock/VITX/disclosure
You gotta remember, it is not just traders selling - these MMs sell to each other through back-door deals and processes so complicated even Joe Biden could not understand them. They get away with it - what looks like a bunch of dumb sellers could just be the MMs playing with the stock, setting and changing bid/ask at their whim - remember a bid can be legit from "anywhere" - doesn't have to come from retail. I actually doubt many traders have sold this or shorted this. It's too low. I think we will see shorting after the first, second, third, fourth, etc. runs - like always. It really hasn't run since the move from .0008 to .038! LOL
Good information for everyone:
Current Reporting of Material Corporate Events
Companies are expected to release quickly to the public any news or information regarding corporate events that may be material to the issuer and its securities (including adverse information). Persons with knowledge of such events would be considered to be in possession of material nonpublic information and may not buy or sell the issuer’s securities until or unless such information is made public. If not included in the issuer’s previous public disclosure documents or if any of the following events occur after the publication of such disclosure documents, the issuer shall publicly disclose such events by disseminating a news release within 4 business days following their occurrence and posting such news release through an Integrated Newswire or OTCIQ.
Material corporate events include:
• Entry into or termination of a material definitive agreement
• Completion of an acquisition or disposition of assets, including but not limited to merger transactions
• Creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of an issuer
• Triggering events that accelerate or increase a direct financial obligation or an obligation under an off-balance sheet arrangement
• Costs associated with exit or disposal activities
• Material impairments
• Sales of equity securities
• Material modification to rights of security holders
• Changes in issuer's certifying accountant
• Non-reliance on previously issued financial statements or a related audit report or completed interim review
• Changes in control of issuer
• Departure of directors or principal officers; election of directors; appointment of principal officers
• Amendments to articles of incorporation or bylaws; change in fiscal year
• Amendments to the issuer's code of ethics, or waiver of a provision of the code of ethics
• Any changes to litigation the issuer may be involved in, or any new litigation surrounding the issuer
• Officer, director, or insider transactions in the issuer’s
• Disclosure regarding stock promotion campaigns deemed material by the issuer
Other events the issuer considers to be of importance
I don't see: "discussions about reporting of financial information" listed here . . . so . . . it is NOT a material event!
https://www.otcmarkets.com/corporate-services/information-for-pink-companies
That's exactly where everyone on this board is - it will not be "off" until we see that it is off. Can't be off if we can't see that it is off. However, most of us believe that it IS coming off . . . sooner than later. And it really does not matter if anyone believes it or not. The sun will rise.
There is a very good reason for the stop sign. No one denies that: the company is not current on filings. HOWEVER, they are getting current and not only are they getting current, the "update" will provide pleasant surprises for the shareholders. So beating the "stop sign" drum is equivalent to beating a dead horse. We all know WHY the stop sign is up, but SOME of us know WHY it is about to come crashing down and pink will turn to gold.
This reminds me of people who have been told they won the lottery and the check is in the mail and the mail is slow.
I'm with you; it's just been in the back of my mind for a while.
No. I keep thinking what Alois may have meant by "the correct numbers on the OTCM"?. May have just been a reference to the filings . . .
Very good post! Welcome.
Does anyone see a reason why they may have changed the share structure in our favor? Buybacks/retirement?
I hope you are correct. They both had big smiles on their faces when they were talking about what they know that we don't know, and what they know is coming.
It's probably just CDEL selling to OTCX who is selling to ETRF who is buying back from GTSM or CTSI or vice versa or inversions abound . . . We've all seen this many, many times:
1. They play their games.
2. We hold our shares.
3. We sell them our shares when we are ready.
4. We make bank.
5. They play their games . . .
I'm not sure what point I'm missing. I merely reported what Alois said.
Gern geschehen! Very good additional insights you posted as well.
Listen at the 07:57 mark on the Zoom, and also at 09:20
https://vitanax.com/en/calls/13-04-2021-2/
That sounds about right to me. One thing is for sure, we are a helluva lot closer to finding out what we want than we were in February!
It seems that it took longer than we thought due, in part, to several factors among which are their unfamiliarity with US public company requirements and the fact that the OTCM is backed up.
Around the 8 min mark: Alois says he had given all the information to the agency (OTCM?) that would create the paperwork to get them pink current on the OTC market at end of Februrary
At about the 9 min mark, Sommer confirms: "We are in this current situation becaue you are not allowed to tell what you already know, and what all of us know" (BIG smile)
At around 9:30, Alois says, "we planned that yesterday we get the filing, and when the filing is done it will take time, I don't know, I do it for the first time, so we will have it sure in the next few days or few weeks. When this filing is done, we have to correct numbers (or have the correct numbers?) on the OTC markets and then everybody, everybody, official shareholders will be happy"
Starting at 10:22, Alois says, "We have done all of the steps that we have to do . . . to complete the paperwork, and yesterday we had a call for 2 hours with the founders and we are planning the next steps . . ."
Wolfgang - the person in the US who is handling the filing update - is very meticulous and is trusted by Alois to get everything up-to-date.
I get it. I don't take her/him seriously either, but some newbie wandering by looking at VITX might, so I'll keep challenging the claims she/he makes.
The assumption in your question is incorrect. What evidence supports the assumption that VITX is a pump and dump?
After attending the Zoom meeting yesterday, I felt better about the stock in two aspects:
1. Alois is very clearly aware that the "Americans" are concerned about Pink (or whatever) Current and seemed to describe the delay as follows: "I am not used to running a publicly reporting company, but I am now aware of how important filings are and we have submitted everything to OTC for getting current - may be a few days or weeks" - he gets it - I will say no more.
2. There are clearly several things coming that they hinted at being pretty significant, involving, among other things:
a. the value of the company,
and
b. several new and exciting products, at least one of which is related to the DNA analysis protocol. I'm pretty sure there is a PR or announcement coming out this week or early next about some of these new products.
I fully expect the filings to push us well toward .10 (north of .05 for sure), and subsequent developments to push us towards that "majik" .25.
LOL!