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Even though we all may disagree you have crossed a line please act like your name.
Didn't they also say super voting shares wouldn't vote?
Don't think so, today's PR just killed RXMDs credibility.
Management also made it clear that the super voting shares wouldn't count.
section 203:
in simpler terms, if a shareholder purchases greater than 15 percent, but less than 85 percent, of the company’s stock, he or she is considered an interested shareholder. This type of stockholder cannot engage in certain business combinations with the corporation for three years after having been deemed an interested shareholder unless three criteria are met.
Must be a typo
Am I reading this right that the preferred voted on every matter. But that can't be because they said the preferred can't vote. Welcome to pinky Town boys and girls.
You do realize a couple of longs were kicked off? Highly RXMD supporting longs, for asking pertinent questions.
Oleg has a back and forth with a mysterious poster that is later deleted? Sounds like PB got more info than all of the CC!
Not weird, RED FLAG. The selective information dissemination is yet another red flag!
I believe they had consent before they even sent out the proxy. Maybe even his wife voted:)
I only responded to you because 300 is so much more closer to reality than 20-I would believe 300 without a link but I'm going to need a link to see 20.
I didn't see where that was set yet. Do you have a link?
Whats to report, nothing has changed. There is a looming reverse split for a company being run by a shady person. There is no uplist documents, the S1 is for an IPO which may or may not benefit current shareholders. Still no SEC reporting. As far as this thing taking off based on fundamentals Armen has to leave and this has to be SEC current. Oh and moving everything to his wife won't cut it either!
Thx Nodummy and Tenkay, always a wealth of knowledge:)
Yes it's not the company's fault the share price is so low. How do you explain the other huge multi million/billion dollar companies on the OTC?
Does anyone know if it's possible to merge into a shell that has a deceased owner?
Does anyone know if Garth is still alive? is it possible to do a merger with a company that has a deceased owner?
Rose colored glasses? :)
This post sums up the situation very well!
Until Armen does something to raise the share price, I'll keep picturing PT Barnum smiling. :)
The term confidential is what worries me. It could contain something that he knows would upset shareholders. Or I can see a scenario where he filed to appease shareholders only to remove it later with an excuse it wouldn't benefit shareholders or some crap. His past and all this secrecy is what's keeping me from looking at RXMD as more than just a lottery ticket.
I would like to see that to. I don't believe ANYTHING Armen says.
Exactly, spot on.
I don't think there's a company to dilute, there's about 60 to 70 .0001 tickers receiving mysterious volume lately, there's a list by Nodummy on the DD board.
Wow, down almost 20% the day after a cc. Looks like they only answered the questions that would keep people interested. Hopefully this wasn't the "very very soon" that the person running this company alluded to!
Market disagrees. Until they do something to get the price up, RXMD is a typical Stinky Pinky!
Exactly, IMO, the proxy is just pr fodder so he can say "see the shareholders passed it"...he's learned from past mistakes!
No there wasn't!
OMG, I didn't see that in a PR. so you're saying the only way we can get information is to call him and ask him?
Wow, today is an eye opener. The holy grail of RXMD's news and this is the price we're at? Either the market doesn't trust Armen or someone is dumping...and surely it can't be longs.
If this is what everyone's been waiting for why is there no rush to buy? I'm curious what they need to hide by doing a confidential submission.
I've never seen the word "confidential" used when submitting. Anyone know why?
Maybe he will be straight forward with us "very very soon":)
Hi Globe, I appreciate your time and effort, can you sum up your last 20 or 30 posts into 1 or 2 paragraphs? TIA.
When an OTC company announces a reverse split but doesn't lower the AS it gives the appearance that they want to dilute right back up again.
I'm in the wrong business. It looks like he's running two companies and using one to pay the other for "consulting".
During the nine months ended September 30, 2020 and 2019, the Company had a consulting arrangement with Spark
Financial Consulting (“Spark”), which is a consulting company owned by an employee and preferred stock controlling
shareholder of the Company. Spark provides business development services including but not limited to recruiting,
targeting and evaluation of potential mergers and acquisitions, finding third party contractors and assisting with
related negotiations in exchange for a monthly fee of $16,000 in 2020 and 2019. Additionally, Spark may be entitled to
additional fees for additional consulting services. During the nine months ended September 30, 2020 and 2019, the
Company paid Spark $176,400 and $178,158, respectively.
This is from their filing, Armen has more shares than the common, you can place a green check mark next to #1 and #2.
With respect to all matters upon which stockholders are entitled to vote or to which stockholders are entitled to give
consent, the holders of the outstanding shares of Series A Preferred Stock shall vote together with the holders of
Common Stock without regard to class, except as to those matters on which separate class voting is required by
applicable law or the Certificate of Incorporation or By-law
I can't find anything legal that says Armens shares can't vote for the RS.
How? Is everyone wrong about the 1-300?