Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Think No Big 4 Brokers Allowing Buys..
Charles Schwab.Fidelity Investments.E*TRADE.TD Ameritrade - Are all done with CEs on the buy side. You do have many smaller online brokers that may be still transacting on the buy side.
HamHock,,
.
Hey Hock,,If you'd like I can dress up the iBox. I mod several boards & will apply to add as a mod here. The iBox just needs a fresh scrub with new data/images.
Ah...KoDk, the Cat with 9 Lives!!
Some Bankruptcy Plays have delivered big in the past.,I think it was General Growth Properties a decade back crumbled down to sub penny zones & were hit with the lovely Q! But they then emerged and went to past $15. One of the best Q plays I've ever seen. See CERPQ trying to make some noise. Qs are always penny fountain money, but sometimes they deliver. I am starting to think this is a dead cat here on MLLLF, or it's at least lost 5 lives or more. Honestly, it's been a year of nothing lol! And now with the lawsuit mess, and the best we can hope for is becoming a troll?? LOL.
Nibbles & Bits of Accumulation!!!
Pink Current Shell, $1.8M Cap, 6M O/S
https://www.otcmarkets.com/stock/WSCC/security
Long Time K1...Good to hear you still On Board..
Going to be difficult to transact buys on the CE at most brokers come tomorrow. I think most will only allow sells on CE tickers on/after the 25th. Come Sept, no transactions [buy or sells] on Pink No Infos at some brokers. Doors are closing.
Good to Know Hobby...
Yeah, that note on the convertible only being 32% of the company, leaves another 68% in the proverbial Ether..That part is a mystery too,..as of now it's only 9M O/S, and that's to our benefit. But at 420M O/S with a $1 price it's a $420M valuation..So we have to see how things will play out.
No Problem Waiting on APLD.
There's lots that has to get done. Getting current is one of the first I hope. I'm still going to be cautious on the price as when they do register those shares the market cap here will be substantially higher.
From latest PR, "The company has closed on a $16.5 million equity investment lead by institutional and accredited investors. The company sold 660,000 shares of convertible preferred stock that convert into 132,000,000 shares of common stock upon registration. This represents approximately 31.2% ownership of The Company. The Company expects to use the proceeds from the offering to procure GPU mining hardware and for general corporate purposes"
So if 132M Shares = 31.2%,
423M would be total O/S at the point this transaction fully registers, of the 68.8% remaining, the current share structure only has 9M O/S, or 2% of the whole when this completes. Certainly think things will take time, so no issues waiting. Volume is drying up!!
>>>>
As for MJWL, seems the upside is certainly there, you have a $35M shell, with 1.1B O/S, & 850M Shares Unrestricted that is being reverse merged into a $150M annual revenue bearing established company in the crypto space. If they can get 3x P/S, that's a $450m MCap
Anyone chomp on the Bit??
Anyone take a flyer on that MJWL ?? APLD holding strong, think next leg up brings some 1x days!!!
Holding Well...
APLD has been hanging in there as ETH & the cryptos try to resolve themselves. Fellow holders may want to look into MJWL, another custo play about to enter into the sector. [https://www.otcmarkets.com/stock/MJWL/news/story?e&id=1903979] Upside may be substantial, as it appears the co being merged into is revenue bearing already.
Twisted Roads Aheads Jho..
In reading that filed lawsuit fully. I think it will be very interesting how that plays out. You have the owner, founder & patent holder of WinView claiming that the hired CEO failed fiduciary & sold the IP value short purposefully so they could facilitate a merger & fleece the patent holdings & failed to seek to value the IP holdings. Now IF they are indeed seeking to peruse IP valuation via a lawsuit, then some part of Lockton's claim may be shown to be true. Either way, this is no near term road at this point. Unless Engine has some major acquisition target lined up with all that capital they raised, I sense some troubled twisted roads ahead. A listing doesn't make this stock/company any better all it may do is turn on the PR/Marketing spigot. Patent trolling is about long pockets, and at a minimum it's a 5+ year engagement if the adversaries have capital to expend..what was the old patent play??
ExSpar..
Ahhh the days of Black Pete & Supa Sulja Bros and big Dubai Deals & the Canadian Lumber Yard.what's interesting is that rise maxed out at about 10c, from I think double 00s, maybe something like a 13-15x...tickers still making those kinds of moves hoping it has another run in it. All the Best!
Stop, Yield, Go?
Think many are missing the reality of what the elimination of access to these markets [CE's/Pink No Infos(Stop) & Yeild tickers] means. Essentially the SEC intends to lock retail investors out from participating in these markets, while institutional investors have access to trade. Many of the OTC custodial plays begin as dormant/defunct/or non current tickers- Some are CE's, most are Pink No Infos. For example, a ticker like MJWL [+122% today] on merger news. It is a Pink No Info, and there's going to come a time soon when retail will be locked out of these plays-until tickers are pink current, by that time most of the juice might have been squeezed already! As it stands, brokers have began restricting access already to some tickers due to their status. Come Sept, not being able to buy or sell that's going to be interesting for a lot of tickers on those non transact lists. SLJB seems to be left by the wayside as AVVH proceeds forward [+750% over last 3 Mos]
Spinning BUzzsaw!!
Well, if the May 25th deadline on OTC Caveats Empt Tickers weren't bad enough..this below popped up! This is the first time I have seen a sell restriction on any of the platforms. So not only will CE's be done with, it appears that Pink No Infos will be No Gos for entry or exits by 4Q21. https://blog.otcmarkets.com/2021/01/26/transforming-the-otc-markets/
Kinda See it Differently..
In looking that that amerihe site it appears that the company acts as consultancy to get Asian companies listed in the US by providing services to them such as finding shells & guidance through the process that may get them onto a NAS listing. I don't read it as that FCIC is going to uplist. The FCIC shell is clean & they can bring in a business of this type, which could operate as a holding company for merging underlying subsidiaries, which they could then spin off into vacant shells or via reverse takover RTO & allow them to go public..Just my thoughts,, but good find on the links..
SSP Thursday, 05/20/21 11:58:24 AM
Seems like an uplisting is coming.
https://translate.google.com/translate?u=https%3A%2F%2Famerihe.com%2F
"Offer to purchase listed shell companies and transfer RTO to NASDAQ master version"
Was expecting a huge drop ..
Seeing how all cryptos got flushed..but others in the space held well too..mara/riot, INTV got beat a bit.
With updates & getting current there are things to look forward here to...ETH got a 50%+ haircut, got to see now if there are buyers out there..
GLTA.
Sir, this is a Patent Troll LOL.
Unfortunately, it may be that the only major strength of this company is the WinView patents. Which they are being sued over currently, by the patent holder in name. It's one mess for sure.
At this point, the companies that they will go against are heavily capitalized & will not fork over any money easily. There are many of these companies that exist, and these patent fights tend to stretch long [NLST, HCMC]At this junction, is GAME as a business with 30M in revs & taking heavy losses a good company? Some may think the space in Online Gaming/Media is ripe for players, but GAME as a business hasn't impressed me. So essentially, yes this is going to become a patent troll. And that will be a long waged war. Where's that any day soon listing? lol...stock falling like a turd in a bowl. :)
Dirty Harry 89,
Nothing to do with OTC/CE. It is due to having their Stock TA Verified. With that, the data gets updates in a set manner via the T/A reporting it to OTC. OTCIQ is where management has to be getting the CE issue resolved by submitting whatever they deem required. 7 more trading days before brokers shut the club down for new entries. GLTA
2 Piece, No Side!
8K this am [https://ih.advfn.com/stock-market/USOTC/fccc-qb-FCIC/stock-news/85114889/current-report-filing-8-k]
If You are Correct Hen..
I suspect something along the lines of what occurred here must take place with Engine. SEC Clearance, and DTC eligibility. Hopefully a listing is not all that's ahead.
Yeah, it's gone from Hold to HODL for sure..
You never know with custodianship plays. Some take years. Some never get anything done, some get transferred to different management. Think this is now a year & month or so since the resurrection. Can see the possibility of re testing those Aug '20 lows. Market Cap currently $1.07M
Thanks sHobit..
They'll get it going, not going to be an issue. Lots ahead to look forward to, but probably will take some time. Who knows what's next in their pipeline. Can't get caught with the day to day drama of it. The trend is up, and we'll get back up with updates & getting OTCIQ current.