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Everyone has to learn somehow. I've been trading since 2012...I'm still learning!!
The biggest advise I can give to anyone...
If you cannot learn from YOUR mistakes; QUIT trading!
Find someone you can trust to learn from; there are many people out there that pretend to help, but are only helping themselves!!
Good luck $PFMS
$NXPC profile has been updated with his info this afternoon also.
I use a webpage scanner. It scans webpages I select and monitors changes to the webpage. The green highlights are changes to the most recent scan compared to old data (pink highlight) on the webpage on the previous scan.
Lazar has updated the PFMS profile page on OTCMkts as him being the CEO of the company and his contact info. He has also updated OTCMkts PFMS Securities page with the new TA.
I also have it set to scan the Disclosures page to catch when he posts the filings.
$PFMS Get ready! OTC Mkts profile updated. New TA updated also...
https://www.otcmarkets.com/stock/PFMS/profile
https://www.otcmarkets.com/stock/PFMS/security
The new TA will get the SS updated on OTCMkts very soon.
Filings will be very soon also.
HDOGTX... Get ready! OTC Mkts profile updated. New TA updated also...
https://www.otcmarkets.com/stock/PFMS/profile
https://www.otcmarkets.com/stock/PFMS/security
HDOGTX...
In response to your PM, I'm wondering if the email sent out concerning a filing on NV SoS was a glitch and/or was referring to a filing that had already been posted when Lazar revived/reinstated the company with NV. I have not been impressed with NV's new website thus far!
This is an annual thing the SEC does to clean up the delinquent tickers. This year their targeted delinquent companies are those with last filings from 2017 and older; next year it will be 2018 and older. While there are many older ones that seem to slip through the cracks, they eventually get tagged. Most of the ones they suspend are delinquent SEC reporting companies. They do hit a few non-SEC reporting companies, but mostly SEC reporting.
Lazar filed a SEC Form 15 making $PFMS a non-SEC reporting company. This helps to somewhat (not 100%) protect the company from Suspension, giving him time to get the filings completed.
Also, just FYI, unless there are foul play concerns, they SEC sends a notice to the company advising them to get into compliance with their financial filings and give them one year to comply with requirements before they suspend them. So when a company gets suspended for non-compliance of filing, they are blowing smoke when they PR or tweet that they are working with the SEC to correct the problem...they had a year to work with the SEC and failed.
Unfortunately, there isn't any way (that I have found) to know when a letter has been sent to the company to know when their one year is up.
Have you read the aurhor of that websites other article where he explains custodianship plays as a good thing and an opportunity to make money playing them??
https://otcmarketresearch.com/understanding-custodianship-plays/
The difference between CUBV and L@HO is, L@HO was a SEC filer; CUBV is a non-SEC filer. While the FM15 doesn’t make them totally safe, they are much safer than a delinquent SEC filer!!
Disregard my Articles of Incorporation – Domestic Corporation post. Not what I thought it was.
Lazar filed the Form 15 after the court granted him custodian. The 15 was filed to make it not required to report to the SEC. This makes it an Alternate Reporting Company. He will submit the missing filings as Annual Reports for all the missing year filings to OTCMkts. He will also submit Quarterly Reports for the remaining overdue and current due (if any) quarters.
I'm guessing this is your first Lazar rodeo?
Here is an example of FHAI, he also filed a Form 15 to make it non-SEC reporting, then followed up with the filings to bring it current with OTCMkts...
I just noticed your PM from yesterday...per your request, here it is...
Lazar custodianship play timeline of events. (I only play Lazar custodianship plays...the other custodianship people don't bring their tickers current and are less predictable) This can give an idea of when to expect events his plays...
I totally agree!! I see this on almost every Lazar play. Seems like many traders jump in on the MOMO and jump back out, not knowing what lies ahead, not to mention the events of his custodianships to current are very predictable...easy to play and make money.
Lazar custodianship plays are almost all I have traded this year! Making money here, why bother with other, unpredictable tickers...waiting on company actions that never happen or take months just to go current after they announce they are working on getting filings done to go current.
Lazar plays I KNOW are going to go current with a somewhat predictable timeline (excluding filings that end up having to be corrected, but almost always prompt with getting corrected filings posted).
There won't be any "news" dropping. There WILL be filings posted! He hasn't updated OTCMkts profile yet with his contact info or naming himself as CEO yet. That usually comes before he posts the filings.
I guessed wrong that we would have headed back up today after yesterday's pull back. I'm ok with what I have, it would've been nice to have added to my 4M freebies at today's offerings verses yesterdays. Oh well!
I added more yesterday...looks like I should have waited until today!
Like I said last night...These plays almost always dip in between events (steps). Caused by impatient people, unknowledgeable people of how these trade, profit takers and people that get shaken out due to fear and again, lack of knowledge of how these trade. Watch for these opportunities to add shares. Add on the dips, take principle out on the rips...rinse and repeat between events = free shares to wait for RM.
Nothing happened to TRDX...It has finished all events (steps) except awaiting for a company to RM into it. The pps tends to settle in between events and while waiting for a RM deal if it takes a bit for it to consummate. Some will get out totally after all the pre RM steps are complete, others like myself will accumulate and hold freebies until a RM consummates.
PFMS will most likely bounce around the same way between events, especially if impatient people think it's taking too long for the next step. Those are the opportunities to watch for to add more shares to your account.
There are several others that do the custodianship plays like Lazar, but not like Lazar does. Lazar is the only one that brings all of the tickers to current status with OTCMkts and his are the only ones that have (for the most part) predictable steps. So far for 2019, most of the stocks I have traded have been Lazar plays. I still jump on some MOMO plays here and there, however, Lazar plays has been where I have made most of my money this year. As long as Lazar does these custodianships, I will be there! I However, DO NOT play ALL of his custodianships...you have to see how much market interest is in them before jumping all in.
Almost all of Lazar's custodianship plays dip in between events, impatient people or unknowledgeable people make this happen. Buy the dips, sell the rips while accumulating freebies to hold for the RM. There are many opportunities to do this from initial court filing to the termination of custody, without being a 1-2 tick flipper. I have all my principle and some profit out of the game by the time the custodianship is terminated by the court to wait for the merger. A simple trading strategy! I currently hold 4M freebies in PFMS; I still have plenty of time to add more before the custodianship is terminated.
NVSOS does NOT show the O/S. Only A/S.
They will...filings will be out very soon! I anticipate seeing them by the end of next week. IMO based on his previous custodianship ticker's timelines.
Revival and reinstatement amount to the same thing, but has to do with number of years the company was delinquent or dormant with the state.
Watch for OTCMkts PFMS company profile page to update Company Officers and Contacts with Lazar’s name and contact info this week. Along with Service Providers (TA and Attorney) info updates. Then we’ll see Annual filings shortly after.
Kind of like flipping a house; Lazar flips tickers. Except instead of buying a ticker, he researches and finds a dormant company that has minimal or no debt and a good share structure, then buys shares so he has a vested interest, gains legal control of the ticker, revives it, and sells it. A reverse merger into a ticker is much cheaper for a private company that wants to take their company public than it is for them to go the IPO route.
They might be doing some updates with it or its off line over the weekend/non trading hours.
NV SoS updated!!
MM = Market Maker
Buy the dips, sell Principle on the rips; hold freebies until the merger!
Time to watch for a reload point.
I can't PM you...
but to answer your question...
That is an error. INNX is opposed, not withdrawn. SNDZ was withdrawn (I deleted SNDZ off my list after withdrawal order posted and apparently mismarked INNX). Sorry for the confusion!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150391211
Custodial Order Posted, see below...
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=4sG9cMdDC0xrBOOFOCYSUg2&tabIndex=3
Exactly! This should have been over 003 by now. Peeps keep placing ask under the current and/or trying to sell in too large of blocks. I hate it when peeps don't know how to trade! smh
Buy the dips post events, sell some on the events and hope you have managed to pull out all of your PRNC (Principle) and maybe 20-30% profit by the time it goes current.
That is why you work to be holding freebies by the time it goes current on OTCMkts. Then hold the freebies until Merger comes.
SoS will most likely get updated by end of week or early next week. That will draw in the reinstatement crowd that aren't already here. Then He'll get the Form 15 filed with the SEC to protect the ticker.That will attract others.