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In case you want to park your money @ 0001
Here is what is visible in the Bid 0001
L2
NITE 201.5 M
CDEL 139.1 M
ETRF 44.1 M
GLTA!!!
Thanks Sky, your email summarizes our current situation.
Will they answer it? I doubt it but it is worth the effort , Thanks again
1. https://www.otcmarkets.com/stock/LGBS/profile
PRODUCTS AND SERVICES
The Company is actively researching potential business partners/acquisitions and has been engaged in negotiations.
2. https://legendsbusinessgroup.com/
Legends Business Group, Inc – The company is set to take on mergers and acquisitions. We currently own 50% interest in North Star Developers.
3. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171058840
Yes it i pure manipulation but where do you report it?
For your entertaining while waiting for news
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170606766
Do you follow
https://twitter.com/Legendsbusiness
They sound very upbeat since the new CEO Troy Davis took over, however no delivery so far...hopefully news soon...my DD tells me a Consummated RM in past OCTOBER but yet to be published ....
FUXU sold SBES shares worth $15 M, so his 10%+ stake is for free ...
GTSM had 200M @ 0001 this AM , to get 1s will be hard unless retard Troy Davis doesn't perform!
I will buy 2s 1s are too crowed
WTF with Troy Davis no updates, more than 3 months nothing!! Such an idiot
Yes he tweeted so once, but he probably bought them after the RM WAS EFFECTIVE but where is the form 13g since it is a requirement to file one when owing more than 5%.
Hi trader any news from managament like filing missing qs plus attorney' s letter TIA
Xu still as insider
OTHER COMPANY INSIDERS
Meihua Xu
Other Company Insiders are all persons or entities beneficially owning 10% or more of any class of the issuer's securities. Together, officers, directors and other company insiders comprise Company Insiders.
My post was related to this question "How long will shareholders have to wait until a merger partner is announced?? "
i meant to say that a RM is not an easy task and takes longer than we think ...the potential merging co into jpex will have a stiff learning curve beyond the business they usually deal with....cheers
Thanks Trader we all appreciate your help
Expect a minimum of 6 to 12 months. The merger must do it's DD then get acquaintance with Finra regulation and Otc rules etc, then keep up with staying current information in the meantime. I m involved in a shell which has not filed for almost a year and now is pink limited and the deadline is March 28th otherwise it will become expert market...
Trader is management aware of this deadline?
What happens to the security of a shell company after 18 months?
Broker-dealers will no longer be able to publish proprietary quotes. The security may, however, be the subject of unsolicited customer quotations. A notification will appear on otcmarkets.com advising investors that only unsolicited quotes are permitted in this stock. Any company that continues to make information available pursuant to Rule 15c2-11 will remain on the Pink Market. Companies that cease to make information available pursuant to the Rule will be moved to the Expert Market. Any company that was a shell on September 28, 2021 and is still a shell will become ineligible for broker-dealer proprietary quotes on March 28, 2023.
can a shell company become eligible for proprietary quotes again?
No updates so far, this is getting pointless to say the least!
COMPANY OFFICERS & CONTACTS
Meihua Xu
President
Annapurna Gundlapalli
President, CEO
John Harrison
Legal Counsel
BOARD OF DIRECTORS
Meihua Xu
Chairman
Sandhya Ajjarapu
Audit Committee Member, Compensation Committee Member, Nominating Committee Member
Suren Ajjarapu
Audit Committee Member, Compensation Committee Member, Nominating Committee Member
Annapurna Gundlapalli
Audit Committee Member, Compensation Committee Member, Nominating Committee Member
What happens to the security of a shell company after 18 months?
Broker-dealers will no longer be able to publish proprietary quotes. The security may, however, be the subject of unsolicited customer quotations. A notification will appear on otcmarkets.com advising investors that only unsolicited quotes are permitted in this stock. Any company that continues to make information available pursuant to Rule 15c2-11 will remain on the Pink Market. Companies that cease to make information available pursuant to the Rule will be moved to the Expert Market. Any company that was a shell on September 28, 2021 and is still a shell will become ineligible for broker-dealer proprietary quotes on March 28, 2023.
can a shell company become eligible for proprietary quotes again?
After the 18-month period expires, the company will be ineligible for broker-dealer proprietary quotes unless it becomes an operating company and a broker-dealer complies with the information review requirement and files a Form 211 with FINRA.
I remember there is a post related to the deadline to expert
The pharma RM is a fact just click on the Otc site
yeah those are old partnerships I´m talking about a new one otherwise KYNC wont make it, ALL IMO
One step in the right direction ----only thing missing is REVENUES what about it? It has been several months since the launch. How many users has been using it? crickets!. Hope they find a business partner and merge!!
Finally?
See my post below, I just found the answer.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170976634
Ok Trader Today I checked the site again and the content has changed to other stuff. Apparently it has been maliciously hacked against sbes shareholders. Why do the new management doesnt update it or at least erase it from the OTC page? Could you ask about it? TIA and good job!
you can sell by phone or online but not buy those pink limited
what about the content of SBESCORPORATE.COM It was edited same day too.
" SBES Shareholders and followers were warned by many including us that the new management has no intention of doing any sort of legal filings required by the SEC or OTC markets. To date, not one filing has been made " All of these gains have been eroded and killed shareholders value.
Exactly you can't buy Pink Limited even by phone. I tried months ago. I havent checked recently since I have enough shares.
I tried with TD and you cant , Schwab's rules, but if you have Schwab as a direct broker you can, only problem you buy 999,999 per fee so if you want to buy say 10 M that is 11 fees
Thanks wakeupdummy for your kind words
You know me from many years and I do my dd and share it being good or bad!!!
I still think LGBS is in a consummated REVERSE MERGE but It looks like the New Ceo is just in the learning curve of understanding how the OTC works, I'm involved in another 2 RMs and learnt a lot from them, and it is not an easy task, but they become very profitable when succeeding. Thanks again
Hi Mick
Please delete the following posts as personal Attack
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170972899
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170974214
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170974539
and this one as Out of Topic
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170975032
TIA
Hi Trader
Any comment about the content found in
sbescorporate.com. Apparently new management has no intention to file
anything at the OTC. Why is XU still named as Chairman
WTF are we screwed!!!
" SBES Shareholders and followers were warned by many including us that the new management has no intention of doing any sort of legal filings required by the SEC or OTC markets. To date, not one filing has been made " All of these gains have been eroded and killed shareholders value.
ALso New
BOARD OF DIRECTORS
Meihua Xu Chairman
Sandhya Ajjarapu
Audit Committee Member, Compensation Committee Member, Nominating Committee Member
Suren Ajjarapu
Audit Committee Member, Compensation Committee Member, Nominating Committee Member
Annapurna Gundlapalli
Audit Committee Member, Compensation Committee Member, Nominating Committee Member
New Tweet today
Working on updates, a new direction is coming will keep everyone posted. $LGBS
Working on updates, a new direction is coming will keep everyone posted. $LGBS
— Legendsbusinessgroup (@Legendsbusiness) January 17, 2023
The presumption is that we are at a consummated RM
see my posts 46928 and 47018
If I'm am right about it and news hit the market as the new CEO has tweeted since mid November then expect the moon as entry point but go ahead wait for 2s based on your DD!!
All your answers are in the Qs report.
"NOTE 4 – LONG-TERM DEBT
As of September 30, 2022, the Company had notes payable to professionals and consultants in the principal.
amount of $565,237 as follows: Vic Devlaeminck $467,422 (2014-2016), and Hiroko Mori $97,815 (2013-2014),
with interest accruing at 6% per annum."
https://www.otcmarkets.com/otcapi/company/financial-report/351522/content
Also notice in the same OTC page at the title PRODUCTS AND SERVICES:
"The Company is actively researching potential business partners/acquisitions and has been engaged in negotiations#.