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The SEC doesn't care who owns it as long as they don't use it to commit securities fraud. The Judge was out of line suggesting they are committing securities fraud just by attempting to get custody.
Judges in other districts appoint custodians and receivers in failed companies all the time and the SEC never says a word.
$SFLM: Announce 20% sales growth for March. https://www.accesswire.com/639235/SFLMaven-Announces-March-2021-Sales-Grew-20-to-08-Million
$GRLT Is now Pink/Current. https://www.otcmarkets.com/stock/GRLT/overview
$ADHC Has a new Karen! Everyone should log into the $ADHC board and welcome our new Karen. You know things are looking good when a new Karen shows up to scat on everyone.
$OCLG Volume/price rising.
$ADHC Volume / price picking up as new company website goes live today. https://universalwellnesshc.com
Good luck with that, I haven't found any evidence there is anyone at the helm much less anyone trying to get it current before deadline. Not sure what caught anyone interest here. Probably one of the tickers that was hot in january before SEC scared all the noobs away.
Bounce off my bid I hope...
$IDGC Tested the top of its channel late day and closed at HOD. If it breaks the channel this week its next target would be .0031
There is a lot of crap being flung in the MSMY board about SEC suspensions. The resident karens on that board devote most of their lives to BSing about the company.
BS; june is the deadline or get suspended.
The deadline is September! Because of the backlog it was suggested companies should be "in process" by end of June to ensure they were current by September.
BS; The SEC is suspending companies every week.
No they are not, unless they have been investigated for illegal activity. The SEC did a blanket suspension in February as it does every few years and suspended a couple dozen tickers who they had been watching for years. A month later they suspended about 15 tickers for fraudulent claims, mostly CCP Virus related.
The new rules will make the annual blanket suspension unnecessary as tickers will get suspended within weeks or months of falling out of compliance now. The OTC will no longer be a graveyard of dead companies who could be used as vehicles for social media driven scams.
$ESPIQ: Is out of bankruptcy and has been reinstated at NVSOS. This is a Lazar custodianship. The "Q" will likely remain until a RM is competed and a new ticker symbol is requested from FINRA.
$ENMI Making a break away move up 71%. A Bauman custodianship ready for a RM.
We are still in a upward trend that started in january. That trend line now touches .0089 if we close below that a couple times the trend begins to fall apart.
$GRLT Has formed a new short term high at .0034. Next major high is .0069 The boards resident Karen seems to be running out of things to complain about.
03/24/2021 Notice of Entry of Order
Comment
Notice of Entry of Stipulation and Order to Lift Injection in Part
$GRLT Up in pre-market trades breaking yesterdays close at high of day.
$ADHC Reports settlement with former management and is moving forward with mergers and new web portal. https://backend.otcmarkets.com/otcapi/company/dns/news/document/48453/content
$SFLM Is looking for a bottom. After a couple of runs hitting .02 it has settled back down around .01. A trend line drawn on a 60 min chart suggest .009 to .0095 may still be a possible entry point this week.
$GRLT Closed the day at a new short term high on average volume. The karens on the GRLT board are probably very annoyed by this as someone tried to suggest an RS was coming. Common tactic when a stock starts to run and they want to spook people out of their shares. This might be the beginning of an uptrend as it has left a channel its been stuck in for 2 months. The next target to beat is .0033.
$APLD; Making a break away move, up 56% and breaking old high. This is a Bauman Custody close to RM.
Still going nowhere fast, they are still trying to serve or prove they have and are asking for more time.
The courts usual approach to these is to make the two parties meet and settle. The court is trying to arrange that now.
Friday, April 02, 2021
18 1 pgs order Order Fri 04/02 1:39 PM
ORDER: It is hereby ORDERED that, if Plaintiff is in communication with Defendants, the parties shall file the joint letter and proposed case management plan as soon as possible and no later than April 5, 2021. If Defendants refuse to cooperate in the preparation of these documents, Plaintiff shall prepare and file them. If Plaintiff is not in communication with Defendants, as soon as possible and no later than April 5, 2021, Plaintiff shall file a letter (i) summarizing its efforts to contact Defendants and (ii) requesting adjournment of the initial pretrial conference. (Signed by Judge Lorna G. Schofield on 4/2/2021) (jca)
Tuesday, March 30, 2021
17 1 pgs order Order on Motion for Extension of Time Tue 03/30 3:07 PM
ORDER granting16 Letter Motion for Extension of Time. The application is GRANTED. By April 26, 2021, Defendants shall answer, move or otherwise respond to the Complaint. The parties' attention is directed to the requirement for pre-motion letters per the Individual Rules. By April 8, 2021, Plaintiff shall effect service on the remaining un-served Defendants and file proof of service. (Signed by Judge Lorna G. Schofield on 3/30/2021) (cf)
utility Set/Reset Deadlines Tue 03/30 3:08 PM
Set/Reset Deadlines: Action Stock Transfer Corp. answer due 4/26/2021; American Diversified Holdings Corp. answer due 4/26/2021; OTC Markets Group Inc. answer due 4/26/2021; Ernest B. Remo answer due 4/26/2021. Service due by 4/8/2021. (cf)
Monday, March 29, 2021
16 motion Extension of Time Mon 03/29 4:16 PM
FIRST LETTER MOTION for Extension of Time to File Response to the Complaint, Unopposed by Plaintiff addressed to Judge Lorna G. Schofield from Anthony D. Green on behalf of Action Stock Transfer Corp. dated March 29, 2021. Document filed by Action Stock Transfer Corp...(Green, Anthony)
Att: 1 Stipulation Consenting to Extension of Time to Respond to Complaint
15 notice Notice of Appearance Mon 03/29 3:47 PM
NOTICE OF APPEARANCE by Anthony Douglas Green on behalf of Action Stock Transfer Corp...(Green, Anthony)
$GRLT Has formed a new high .003 and broken out of its channel!
$GRLT heading north again, may test top of channel @ .0028 again today.
Being Pink/yield and SEC delinquent certainly isn't a good sign.
$GGN Is going against the market. It has broken thru resistance in favor of following its upward tend line. This is happening despite Oil & Gold prices stagnating or dropping on average. The fund has other holdings but it is weighed heavily in metals and energy.
.0087 is still within a positive trend line. Don't get spooked if it dipped that far. There is support around .009 though odds are any dip would get stopped there.
I don't think so. Its not really a reverse merger. Its more of a sale. lazar just sells a control block of shares to new owner. You sometimes see a filing at SOS for that transfer.
A RM is when a public entity with no money dilutes the crap out of its SS and then uses those shares to "buy" a private company that has value. Control of the shell is then given to the board of the private company, who change their name to that of the shell and is then suddenly a public entity.
I like how they childishly claim the name change is "untrue"...its a matter of fact at the WY SOS. https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=004078164087003128074120239250017011177207057008
Can't let the Karen's get under your skin. When GNGR gets OTC current, things will pick up.
$GNGR; Every board has a Karen these days. $GNGR is no exception. The company is growing and getting current and there is always someone who has to start making accusations. Have to learn to filter out the crap for the pertinent info.
$GRLT Gets a last second surge to close up 25%.
$PGLO jumped early and kept most of its gains.
$IDGC slowly dropping. without news of progress on OTC status it may settle back around .0012 for awhile.
$MSMY has formed a new channel centered around .0089 as it also waits for OTC status news.
$INCT Has updated it's Disclosure page on OTC. Expecting pink current status before too long.
$ADHC Has announced new website to go qith company name change...https://universalwellnesshc.com
If this shell has restrooms, its already worth more than I payed...and if they can afford a janitor, I'm gonna be rich...
$GNGR has done a complete reset of its last run. This may be good time for entry before pending OTC current updates(assuming they occur)
$SFLM Weekly sales report...https://www.newsfilecorp.com/release/79126
What's the interest here? Has someone made statements about getting current? Every link I follow for this company ends up dead.
$EUOT Consolidating nicely as accumulation continues in the .0005s