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What do you know about EVTP? It looks as if David Lazar just discharged the custodianship.....but is CE. Not able to buy.
https://www.securitieslawyer101.com/2020/sec-amends-rule-15c2-11-form-211-amendments/ the major difference being is that investors like us will not be able to get in on the bottom floor of custodianship plays/reverse merger shells, like we have been able to do in the past. Good luck getting any kind of significant position on the expert market. Like I have stated before....I may be wrong, but I feel that they have effectively killed a market (reverse merger/shell plays) that has made many people alot of money over the years. It sucks.
TTCS looking strong today.....
Very nice! I would not want to be without TTCS shares tomorrow! We should see a nice run....
Some good DD being uncovered over on the TTCS board....check it out.
GLTY! I think we will do well here with TTCS....
the license number is https://www.hksfc.guru/institution/BMR561 BMR561 then see the website and scroll down to the contact info....the same license number is listed. https://skywealthmgmt.com/contact-us/#:~:text=Sky%20Wealth%20Management%20Asset%20Limited,filling%20out%20the%20form%20below It is a total match. I'm excited. This could be a REALLY NICE R/M.
I bet tomorrow we run hard.....
https://www.reuters.com/article/us-china-asset-management-explainer/explainer-a-peek-into-chinas-14-6-trillion-asset-management-industry-idUSKBN2600TQ wealth asset management is an enormous industry in China. This could be HUGE depending on the assets they have under management. I will DD further tomorrow. What I have found thus far looks GREAT.
Yep....this could be our R/M.
https://skywealthmgmt.com/ another website
Lazar does a lot on Chinese R/Ms......sounds about right.
Will do.....
Well, I like the name.....haven't found out much about them yet, however.
Okay, I am getting PISSED off now......is ANYONE getting filled at TDA?
I guess we will see how it plays out. As another poster on here stated, the bigger worry is that they will not jut stop at CE and in the long run they will do it to stop signs, etc killing the whole reverse merger market for investors.
Extremely difficult to accumulate shares on the expert/grey sheets. We will see how it plays out, but from my understanding.....these plays are all but dead.
"Would really bite if all of this came to an end". Well....it is coming to an end. I never thought i'd see it. If there is an expert market, once again it will be open to privileged individuals based upon criteria of who knows what. There was nothing wrong with the OTC market and the warnings to investors they had in place. This has nothing to do with "protecting" anybody. The fiasco from a few days ago proves that. Many of us have made great money with shell/reverse merger plays over the years. In my opinion, they are the most exciting, profitable plays. They are effectively killing that now. Sad day for the OTC. I'm surprised more people did'nt fight it.
"It would make it harder for us to buy them without any semblance of liquidity". That is exactly the whole point. They have effectively killed reverse merger/shell/custodianship plays for all investors. They have tried to do this in the past but never followed through. Many R/M players never thought it would happen. Well....this time they followed through. It is happening. Hey, it's great that it does not complicate things for DL's business.....but the main concern is that we will no longer be able to follow along and make money with him. Is'nt it great to know that the government and Wall Street take so much concern in "protecting" us?
I still do not see how this will not totally kill reverse merger/reinstatement/custodianship plays. Looks like our days are numbered. All under the guise of "protecting the investor" of course.
Agree....
I do like it....I have been keeping my eye on that one. I am also in $TTCS and $VDPH.....they all have awesome share structures.
I picked up some XNNHQ today.....it's time has to come at some point.
Exactly....and I think forming a second Lazar board is kind of silly and childish.
I would be willing to bet a filing/update from the company is coming soon....
How so? I think I have explained what "dismissed with prejudice" means in the seci case as simply as I can make it. If still not understanding.....see my sticky above. It still means the same thing today as it does the day it was filed LOL.
I don't think I disagreed that the court doc says "dismissed with prejudice", did I? The miscommunication is to what that actually means. Read your own link. Read the link I posted. They clearly state that a case is often dismissed with prejudice when a settlement is agreed upon. Did anyone miss that part in the links provided? SECI settled.
Absolutely false. https://sterlingmiller2014.wordpress.com/2016/03/31/ten-things-settlement-agreements-making-sure-its-really-over/ "Dismissed with prejudice" was not the courts opinion.....the court had not heard the case. The court was preparing to hear the case. Thus, "logic" tells us that the Judge would not dismiss the case with prejudice before the case is even heard in court! The court filing was as plain as day, Sector 10 motioned to settle and the defendant agreed. Is it a billion dollar settlement? I don't believe so, but I do think that it was enough of a settlement for the company to clear debt and proceed as a going concern. I do think shareholders will recoup their investment and then some.
Listen man, I know that we are here mostly for current and future speculative plays.....XMET is still a Lazar play, custodianship has not yet been terminated. I do not feel that it is a felony to casually mention a past Lazar play that did well.....or to compare a current play to perhaps one of his past (comparing share structure, etc). Stop acting like children. I am REALLY....REALLY done with this stupid conversation now. Play in your own sandbox....i'll play in mine. Thanks.
Sure....have at it, why would that hurt me?
The point is moot. If this is a Lazar board....we can talk about all Lazar plays.... past, present and future. I really don't care to discuss this any further....
I saw your perspective, and it is garbage. First, if the custodianship has not been terminated....it is still very much a Lazar play from any logical perspective. Furthermore, If a play like XMET....or any one of Lazar's tickers....ended up making people six figures, we can't talk about it? Get outta here! If it started out as a Lazar play, we should be able to talk about it....past, present, and future, without the messageboard police intervening with their nonsense.
Don't be ridiculous. This is a David Lazar play and that is what this board is for. Even after the custodianship is actually terminated.....if the stock goes on to make people 1000% gains, we can't talk about it because it is officially no longer a Lazar play, according to your standards? LMAO. Give it a rest with the board policing. Furthermore....speculation is what these plays are all about. We are all here waiting for "good stuff to happen".
Yes, I saw it. I just think that some people are having trouble with the math LOL pertaining to the preferred shares and voting rights percentages as it relates to commons. Your math is correct, I am still holding all.
Yeah, I have noticed that. I, along with many others wrote to the SEC concerning these recent amendments.....to no avail. By the way....I have been in XMET for a while now, your DD is spot on.
Good to hear.....I have made my best money in the OTC with reverse merger/shells. They are always the most exciting plays IMO.....
Will these new SEC amendments eventually kill off reverse merger/shell plays?
Are the new SEC amendments going to eventually kill off reverse merger/shell plays? https://www.federalregister.gov/documents/2020/10/27/2020-20980/publication-or-submission-of-quotations-without-specified-information
We most certainly did not agree.....after the monetary settlement and case being dismissed with prejudice, the parties walk away no longer owing each other anything with the promise to never come back to court. Consult an attorney.