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I suspect the assets were transferred from the public company to India or wherever they currently have sales. The stock will eventually be delisted. The company is not the one buying shares.
The stock is worthless, anyone buying shares is throwing their money away.
Speculation to the contrary is worse than irrelevant. It's downright expensive.
I'm afraid I don't believe they have any sales. On their own website their last PR is over 2 years old. The company is dark.
There is no share buyback. The stock is dead. Anyone buying shares is throwing their money away.
The money laundering was in reference to $.0001 stocks that have hundreds of millions of shares traded on a particular day.
Bates is on to the next money making scheme, but I suspect this one will be a unsuccessful as Windstream.
I'm confident it wasn't stolen/hijacked.
What is far more likely is that Brett made a deal with the owner to pay nothing, but let the owner retain shares which he can dump if Brett can pump up the price and get buyers.
After the reverse split crushed the previous shareholders, the previous management needs to not be associated with the stock in order to bring in more investors to be fleeced. My guess is Brett said, "Look what we've done with PNTV" and convinced the owner this was a way for the company to reinvent itself, take on toxic debt and run another pump and dump.
Look for them to start promoting "LOIs" and "partnerships", getting current with past filings so they can entice toxic lenders (of which Brett knows many from PNTV).
Then lookout below.
ImpactPPA is just another way to get money and avoid the scrutiny of regulators. Did you read all the countries that CAN'T invest in it? US, China, Germany, South Korea, Canada. You can bet the rest of Europe will be restricted too. Who's he going to sell his tokens to, Mexico?
You're correct that WSTI is dead now though. Too much toxic debt and their overhead was 8 times the gross profit when they last reported a few years ago.
As for who spent $700, just pick an random $.0001 stock on the OTC and see people regularly spending 10 to 100X that. Who are they? No idea. Maybe they are using these $.0001s to launder money. One guys buys the $.0001 shares then sells them to another guy who sells them to a 3rd. Point is, in no case do these large buys, let alone $700 indicate the stock is rising from the ashes.
The company has been dark for 2 years and has no source of revenue. Likely tons of toxic notes. Reverse split wiped out the previous shareholders and this will head back to sub-penny with any volume.
My guess is he saw how much money the PNTV top boys are making running their toxic pump and dump and wants in on his own game.
Or maybe now that PNTV has taken on so much toxic debt, the whole crew will move over here.
Either way, I agree that this is only going for dilution and another reverse split.
Very misleading. It's an increase in a deficit. That's a bad thing.
And when your working capital and shareholders equity get bigger by over 10 fold, IN THE NEGATIVE DIRECTION, it's a freaking disaster.
Bastille was chief counsel on GNID when they used toxic debt to fund the company and eventually put it out of business. Now he's trying to turn it around and play the victim by attacking the toxic lenders. I don't believe he wasn't fully aware of how toxic notes work. And if as chief counsel he wasn't, well, that's probably worse.
You are absolutely right that without toxic notes, 90% of the pink sheets would cease to exist. These companies virtually all lose money forever and no lender will lend money they know is unlikely to be paid back. Toxic notes can repay 2,5 even 10X the note value by dumping shares on gullible retail buyers. High risk, high reward.
As much as stinky pinkies complain about being "duped" by toxic lenders, they know very well it's their only means of paying their own salaries.
"Someone"?
Combo of small investors who fell for the pump and dump and flippers. Almost every POS OTC stock has these big trading days and they never lead to anything.
The profits from these toxic loans are so great that lenders keep making them. I'm surprised too, but as long as the company can successfully pump the stock (and God knows, they're been great so far), lenders will give them money to keep the lights on.
Toxic lending is high risk, high reward.
No, the company not filing timely does not remove a 5% owner of shares from reporting it themselves.
They are certainly not purchasing shares. They lost money on their loan, buying shares would only be throwing away more money.
So the company is falsifying it's financial statements. Now we're talking criminal actions. I suspect that's not the case. Would be dumb enough for a company NOT in the MJ biz.
I don't think so. The senior lender would have to file a 13D and form 4 if it controlled a public company.
Of course if you have actual evidence, I'd be glad to review it.
Start by looking at the cash flow statement. The cash loss is much less than $5 million.
The way toxic notes work is, they get cash up front, the lender then later converts the debt into shares at a large discount to the market price.
So the dilution is offset from the cash by months, sometimes years.
This means there will be much greater dilution going forward because they issued another $1 million in toxic notes AND the dilution will drive the price down, which will in turn result in a lower PPS for the toxic note conversions which will drive the price down further, which will in turn result in a lower PPS for the toxic note conversions which will drive the price down further, which will in turn result in a lower PPS for the toxic note conversions which will drive the price down further, which will in turn result in a lower PPS for the toxic note conversions which will drive the price down further. This is why we call the notes "toxic" or "death spirals".
There is no point in foreclosing on a worthless shell, so no one does it. This will simply languish until the SEC shuts it down.
LOL, they have MASSIVE toxic notes.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140115556
Toxic lenders should not be able to convert when the company is dark. Doesn't mean they don't, but it's not allowed under current regs, at least that's my understanding.
The story that they can't convert on a current OTC stock under a penny I believe is false and used in an attempt to keep buyers buying toxic shares.
It's the OTC. MMs can sell to whoever and buy from whoever they feel like. This is not an exchange.
Incorrect. PNTV is required to keep shareholders informed of material information. If there was any kind of future payout, they would have had to disclose it, even if they weren't permitted to disclose the specific amount or terms.
The massive amount of new toxic notes shows they are getting nothing from Comcast and are unable to borrow from legitimate lenders.
IHSI takes the stop sign rather than produce a 10K. Things are really looking bad now. When they finally post the 10K, start a countdown to the reverse split.
https://www.otcmarkets.com/stock/IHSI/overview
Warning! This company may not be making material information publicly available
Buying or selling this security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties.
Comcast didn't make any programming deals with them. The lawsuit was frivolous from the beginning. They were tremendously late with their "platform" and the media they wanted to show via Comcast was laughable.
They are the ones that wanted to keep settlement terms confidential. You saw all the shares dumped in toxic conversions and warrants at a fraction of the market price.
Retail buyers who fall for the hype keep these toxic swamps in business. I'm glad I was able to warn folks what they were getting into though.
With all the notes issued in Q4 and Q1'18, look for even more dilution as the price keeps declining.
Yup, toxic lenders dump them at retail, then convert at 1/2 the selling price from the company.
Toxic lenders make money, company gets money from toxic notes, shareholders get screwed.
Yup, another disaster 10K
First the financials
Working capital went from negative $600k to negative $1.9 million (excluding derivative liabilities). Payables is now $700k, up from $300k in a year.
Revenue was $88k with gross profit of only $27k. Operating Expenses of $5 MILLION.
Cash used in 12 months - $2.6 million.
Source of cash - $1 million new toxic notes, $200k new debt, $1.3 million stock issued, mostly from warrants exercised at a large discount to the market price. No cash from Comcast apparently.
Tons of new toxic debt in Q4.
On December 15, 2017, the Company received net proceeds of $120,000 in exchange for an unsecured convertible promissory note that carries a 10% interest rate with a face value of $122,400 (“Third Group Ten Note”), which matures on December 15, 2018. The principal and interest is convertible into shares of common stock at the discretion of the note holder at a price equal to seventy percent (70%) of the average of the two lowest closing traded prices of the Company’s common stock over the fifteen (15) trading days preceding the conversion date. The note holder is limited to owning 4.99% of the Company’s issued and outstanding shares. The Company paid total debt issuance costs of $2,400 that is being amortized over the life of the loan on the straight line method, which approximates the effective interest method. The Company must at all times reserve at least 30 million shares of common stock for potential conversions.
On November 8, 2017, the Company amended the two notes with Black Mountain Equities, Inc. (“First Black Mountain Note”) and Gemini Master Fund, Ltd. (“First Gemini Note”). The amended notes extended the maturity dates to December 9, 2017, increased the principal amount owed by $8,250 each, and established conversion features. The principal and interest became convertible into shares of common stock at the discretion of the note holder at a price equal to seventy percent (70%) of the lowest volume weighted average price (“VWAP”) over the fifteen (15) trading days preceding the conversion date, as limited to $40,000 of conversion during any 10 day trading period. The notes were originally entered into on May 8, 2017, pursuant to which the Company sold to each Investor, for a purchase price of $150,000, (i) a Promissory Note (a “Note”) in the principal amount of $165,000, and (ii) a Warrant exercisable until May 31, 2022 to purchase 1,500,000 shares of the Company’s common at a price of $0.14 per share (a “Warrant”), resulting in aggregate gross proceeds to the Company of $300,000. Each Note matures on November 8, 2017, bears interest at a rate of 10% per annum payable at maturity, and is subject to acceleration in the event the Company becomes delinquent in its reporting obligation with the Securities and Exchange Commission and upon other customary events of default set forth in the Notes. The Warrants can be exercised on a cashless basis by the Investors, and the Company can require the Investors to exercise the Warrants on a cashless basis at any time following the six-month anniversary of the issuance date, provided that at such time (i) the volume weighted average price of the common stock has been greater than $0.25 for a period of thirty (30) consecutive trading days, and (ii) trading in the common stock has not been suspended by the Securities and Exchange Commission or the OTC Bulletin Board (or other exchange or market on which the Common Stock is trading). On December 11, 2017, each noteholder converted $40,000 of principal in exchange for the issuance of 757,576 shares each. The note is currently in default.
On November 8, 2017, the Company issued a $200,000 promissory note (“Second Group Ten Note”) in exchange for the debt acquired from Rxmm, as note below. The new note matures on November 8, 2018. The principal and interest is convertible into shares of common stock at the discretion of the note holder at a price equal to seventy percent (70%) of the average of the two lowest closing traded prices of the Company’s common stock over the ten (10) trading days preceding the conversion date. The note holder is limited to owning 4.99% of the Company’s issued and outstanding shares. The Company must at all times reserve at least 50 million shares of common stock for potential conversions. On December 6, 2017, the noteholder converted $50,000 of principal in exchange for the issuance of 908,760 shares.
On November 7, 2017, the Company received net proceeds of $120,000 in exchange for an unsecured convertible promissory note with a face value of $122,400 (“First Group Ten Note”), which matures on November 7, 2018. The principal and interest is convertible into shares of common stock at the discretion of the note holder at a price equal to seventy percent (70%) of the average of the two lowest closing traded prices of the Company’s common stock over the fifteen (15) trading days preceding the conversion date. The note holder is limited to owning 4.99% of the Company’s issued and outstanding shares. The Company paid total debt issuance costs of $2,400 that is being amortized over the life of the loan on the straight line method, which approximates the effective interest method. The Company must at all times reserve at least 50 million shares of common stock for potential conversions.
On November 8, 2017, provisions within two notes with Black Mountain Equities, Inc. (“Second Black Mountain Note”) and Gemini Master Fund, Ltd. (“Second Gemini Note”) established conversion features. The principal and interest became convertible into shares of common stock at the discretion of the note holder at a price equal to seventy five percent (75%) of the lowest traded price during the fifteen (15) trading days preceding the conversion date. The notes were originally entered into on September 14, 2017, the Company entered into a Securities Purchase Agreement with Black Mountain Equities, Inc. and Gemini Master Fund, Ltd. (the “Investors”), pursuant to which the Company sold to each Investor, for a purchase price of $150,000, (i) a Promissory Note (a “Note”) in the principal amount of $158,000, and (ii) a Warrant exercisable until May 31, 2022 to purchase 1,500,000 shares of the Company’s common at a price of $0.14 per share (a “Warrant”), resulting in aggregate gross proceeds to the Company of $300,000. Each Note matures on March 14, 2018, bears interest at a rate of 10% per annum payable at maturity, and is subject to acceleration in the event the Company becomes delinquent in its reporting obligation with the Securities and Exchange Commission and upon other customary events of default set forth in the Notes. The Warrants can be exercised on a cashless basis by the Investors, and the Company can require the Investors to exercise the Warrants on a cashless basis at any time following the six-month anniversary of the issuance date, provided that at such time (i) the volume weighted average price of the common stock has been greater than $0.25 for a period of thirty (30) consecutive trading days, and (ii) trading in the common stock has not been suspended by the Securities and Exchange Commission or the OTC Bulletin Board (or other exchange or market on which the Common Stock is trading).
On October 27, 2017, the Company received net proceeds of $73,000 in exchange for an unsecured convertible promissory note that carries an 8% interest rate with a face value of $76,500 (“First Fourth Man Note”), which matures on October 27, 2018. The principal and interest is convertible into shares of common stock at the discretion of the note holder at a price equal to seventy five percent (75%) of the lowest traded price of the Company’s common stock over the fifteen (15) trading days preceding the conversion date. The note holder is limited to owning 4.99% of the Company’s issued and outstanding shares. The Company paid total debt issuance costs of $3,500 that is being amortized over the life of the loan on the straight line method, which approximates the effective interest method. The Company must at all times reserve at least 5 million shares of common stock for potential conversions.
On October 27, 2017, the Company received net proceeds of $73,000 in exchange for an unsecured convertible promissory note that carries an 8% interest rate with a face value of $76,500 (“First Emunah Note”), which matures on October 27, 2018. The principal and interest is convertible into shares of common stock at the discretion of the note holder at a price equal to seventy five percent (75%) of the lowest traded price of the Company’s common stock over the fifteen (15) trading days preceding the conversion date. The note holder is limited to owning 4.99% of the Company’s issued and outstanding shares. The Company paid total debt issuance costs of $3,500 that is being amortized over the life of the loan on the straight line method, which approximates the effective interest method. The Company must at all times reserve at least 5 million shares of common stock for potential conversions.
Toxic notes converted in Q1'18 (and some claimed PNTV had no toxic debt).
Common Stock Issuances for Debt Conversions
On March 22, 2018, the Company issued 1,116,584 shares of common stock pursuant to the conversion of $52,479, consisting of $50,000 of outstanding principal and $2,479 of unpaid interest, on the Second Gemini Note. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized.
.047/share, shares trading at around $.07
On March 14, 2018, the Company issued 851,064 shares of common stock pursuant to the conversion of $40,000 of outstanding principal on the First Gemini Note. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized.
.047/share, shares trading at around $.07
On March 14, 2018, the Company issued 529,246 shares of common stock pursuant to the conversion of $24,875, consisting of $13,250 of outstanding principal and $11,625 of unpaid interest, on the First Black Mountain Note. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized, and the note has been paid off in full.
.047/share, shares trading at around $.07
On February 20, 2018, the Company issued 801,603 shares of common stock pursuant to the conversion of $40,000 of outstanding principal on the First Gemini Note. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized.
.05/share , shares trading at around $.09
On February 7, 2018, the Company issued 809,716 shares of common stock pursuant to the conversion of $40,000 of outstanding principal on the First Black Mountain Note. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized.
.049/share shares trading at around $.09
On February 5, 2018, the Company issued 1,009,489 shares of common stock pursuant to the conversion of $50,000 of outstanding principal on the Second Group 10 Note. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized.
On January 22, 2018, the Company issued 806,452 shares of common stock pursuant to the conversion of $40,000 of outstanding principal on the First Gemini Note. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized.
On January 22, 2018, the Company issued 806,452 shares of common stock pursuant to the conversion of $40,000 of outstanding principal on the First Black Mountain Note. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized.
On January 16, 2018, the Company issued 955,474 shares of common stock pursuant to the conversion of $50,000 of outstanding principal on the Second Group 10 Note. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized.
On January 8, 2018, the Company issued 806,452 shares of common stock pursuant to the conversion of $40,000 of outstanding principal on the First Black Mountain Note. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized.
On January 2, 2018, the Company issued 784,929 shares of common stock pursuant to the conversion of $50,000 of outstanding principal on the Second Group 10 Note. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized.
That would be a very skeevy move. I suspect they're not in any rush to burst people's balloons. Maybe they even agreed to give Egan a chance to get rid of his shares. After all, if he wanted to be a long term holder, he would have negotiated for more than 4.99%.
Yes, Millenium is a very successful pump and dump. They have a deal with ihub's parent company, which doesn't hurt.
Millenium almost quadrupled their O/S in the 6 months ending 3/30/18. What's suspiciously absent is any news about new financing, any registration statement to sell new shares, or in fact any evidence that they have eliminated their toxic notes OR increased their $10k in cash. Signing "LOIs" is a very common way to hype a stock.
Toxic notes are their only source of funding, so look for a lot more dilution and an inevitable reverse split.
The WP says $1 million raised.
The tokens cannot be sold in most major countries.
He got no funding. He has an LOI from a company that is so over committed it's clear they are just pumping their stock.
Windstream could never find a way to make money even when they had customers. This is just Bates next attempt to get some cash for himself. I predict it will fail just as Windstream has.
I'll do better. I'll post it so you can see he hasn't raised anything.
When you’re four billion years old, you might prefer to just forget your Earth Day completely. But in a world plagued by ocean garbage patches, holes in the ozone layer, and facing a lengthy hot flash, a few million dollars toward an environmentally-focused business can only be a good thing.
Earth Day is on April 22nd, and this year one blockchain project is preparing a very special Earth Day present: a public sale of tokens that will be used to finance independent renewable projects around the world.
ImpactPPA aims to create a platform where decisions are taken by a community of donors to help renewable energy projects around the world. It claims it will be able to remove layers of red tape and bureaucracy as well as speed up the process between the funding and eventual consumption of renewable energy.
And today, Millennium Blockchain, which focuses on providing capital and strategic partnerships to emerging blockchain enterprises, announced that they have agreed on a letter of intent (LOI) to invest $3m in venture capital with ImpactPPA – a significant boost to the project ahead of its Earth Day token sale.
“Millennium Blockchain’s investment should allow us to quickly ramp up our clean energy deployments, and beyond that, they really understand the value we can bring to the blockchain community and the world,” said Dan Bates, CEO of ImpactPPA. “They are huge advocates of what we do, and supporters of the clean-energy future we can enable.”
Other companies, such as WePower (which has a market cap in excess of $35M) have also taken on a socially-conscious role in the energy world. Their blockchain-based model allows green energy producers to raise capital using tokens. CEO Nikolaj Martyniuk explained that “WePower has shown that green energy and sustainability are some of the most supported challenges by communities across the globe that blockchain can solve”.
Power Purchasing Agreements Decentralized
Designed to decentralise Power Purchasing Agreements (PPA) by using a blockchain; a tokenised fund; and a decision-making process undertaken by a community of donors; ImpactPPA wants to enable communities to fund and create the energy projects that they need.
Instead of waiting for approval from centralised authority or NGOs, ImpactPPA enables contributors to effectively propose renewable energy projects which, subject to approval, can then be linked up with the required funding.
The end-consumer of the renewable energy project pays for the electricity they use with GEN credits. Each project leads to the minting of a certain amount of GEN credits on a specific time frame.
Equal to the amount of energy produced, GEN credits are minted for the duration of a PPA and can be purchased in fiat and stored in a device, such as a phone. Consumers can then purchase energy with their phones through the smart meter and these are paid directly back to ImpactPPA and used to fund additional renewable energy projects.
ImpactPPA suggests that not only will projects like these be more environmentally-conscious than regular energy company projects, they will also confer a social benefit where it’s needed most – speeding the electrification of rural areas, for example, or refrigerating vaccines in remote locations.
Their first project is a partnership with the Earth Day Network, and involves bringing renewable energy to the Edna Adan Hospital in Hargeisa, Somaliland, which provides maternity care and has treated over 21,000 women throughout Africa.
The Unusual ImpactPPA Model Is Based On Transparency
ImpactPPA relies on donations but in return for their contributions, donors receive Impact (MPQ) tokens that give them voting rights to approve proposed projects. Although ImpactPPA HQ will have a role in the decision-making process, it will also provide the information and data to allow the community to reach a decision.
By essentially using a Proof-of-Stake (PoS) ecosystem, it simultaneously provides both the means to raise donations and the framework for determining which renewable energy projects to invest in.
In order to keep a steady stream of external income coming in, ImpactPPA plans to buy up MPQ tokens and resell them to new donors.
Following the public sale scheduled to begin on eponymous ‘Earth Day’, MPQ will also be tradable on exchanges. Although an exact price has yet to be definitively determined, sources within Impact PPA have indicated a target price of roughly $0.35 per token.
Compensating For Bitcoin?
The power needed annually to mine for Bitcoin is currently estimated at 60 TwH, nearly double what it was when it had the same energy consumption as the entire country of Ireland at the end of last year.
And even though it won’t eat up “all the energy in the world”, as one hyperbolic pundit observed, using blockchain – the technology behind Bitcoin – to fund renewable energy solutions does seem appropriate given the power consumed by PoW mechanisms.
In many situations, small-to mid-scale renewable energy projects have a distinct infrastructure advantage over the conventional power station-grid dynamic. They can facilitate the creation of independent, self-sufficient electricity that doesn’t require the same kind of capital investment (or foreign money) as a large-scale electric distribution channel that wouldn’t find economic sustainability in rural, isolated, and remote communities.
And here are the details from MBLC (a company that at their last report had $10k in total cash).
Las Vegas, NV / Manhattan Beach, CA, April 12, 2018 (GLOBE NEWSWIRE) -- Millennium BlockChain, Inc. (the “Company”), a holding company focused on blockchain technologies and crypto-assets, today announced that it has completed negotiations and entered into a letter of intent with ImpactPPA, a decentralized renewable energy platform, to purchase rights for future ImpactPPA tokens and warrants in ImpactPPA’s parent company in the aggregate amount of $3 million.
Within four months following the closing of the token portion of the transaction, Millennium BlockChain would have the option to purchase equity of ImpactPPA’s parent company. ImpactPPA’s MPQ token is planned to be used to fund renewable energy projects in the developing economies of the world and allow the MPQ community to vote on and approve which projects to fund and is currently available in private pre-sale.
No, there isn't. He can't raise any money for WSTI. The stock is effectively dead at this point.
They usually hold out until the last possible minute to file the bad news. Today at the close most likely.
If things are really bad, they may not file and opt for the stop sign.
Problem is the company with an LOI for $3 million had $10k in cash at their last filing, $250k in liabilities and toxic notes keeping them afloat.
https://backend.otcmarkets.com/otcapi/company/financial-report/184671/content
They have one more day. They're going to hold off that bad news as long as possible.
Hopefully they don't decide to skip the filing all together.
Picasso painted early today. Too much left on the ask for anyone to take it out. 7% drop on the day (or 15% if you discount Picasso's work).
And the post-Picasso dump. Oh well.
Math problem of the day
Since MPET contributed 3% of the asset value of TELL in the merger they got 3% ownership in the merged companies, when TGLO contributes 0% of the asset value of the merged companies, what will they get?
LOL, You had better read the 10K
The following table sets forth certain information regarding beneficial ownership of our Common Stock as of March 1, 2018
Delfin Midstream LLC 312,825,952
https://backend.otcmarkets.com/otcapi/company/sec-filings/12658711/content/html
I'm going to assume they're not filing false information.
Of course, feel free to support your argument with any statements you find to the contrary in the 10K, 13D, 13D/A or form 3s, All of which show the EXACT same share count.
Also incorrect I'm afraid. The 13ds and 10K all confirm their holdings at the 312 million shares purchased from Egan. Had they purchased additional shares at any time, they would have to be included in the totals.
Completely wrong. The 5% rule refers to total ownership. Delfin owns 70.9%. They are required to report any trades, 1 share a 1 million.
They have 2 business days after the trade to file.
https://www.andrewskurth.com/insights-RevisedForm4andtheTwoDayFilingDeadline.html
They have bought NO additional shares. They will buy NO additional shares. They can exchange any assets they wish to contribute for as many new shares as they like.
You're correct. Delfin has filed their ownership. They have 4 days from any trades to file and there have been none.
They control the company. They can reverse split, raise the A/S and sell their assets to the empty shell for as many shares as they want. The shell has no assets and therefore no value in a merger.
Notes haven't been able to be dumped since the company got it's STOP sign and stopped filing reports.
You are right, this was just another share selling via toxic debt scam on investors.