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Mick are you around?
It seems they are ready to announce
The RM hopefully
Buckle up!!
Once we update the Nevada State a news release will be available. $LGBS
— Legendsbusinessgroup (@Legendsbusiness) December 12, 2022
There are Rumors that XU is Shorting SBES via GTMS and covering immediately in a step fashion.
New Twitter:
"A news release will be issued soon. $XTRM"
A news release will be issued soon. $XTRM
— Extreme Biodiesel (@XTRMBio) December 12, 2022
The opportunity will come after the RS, it will tank because MMs will signal odd sales very low and some brokers wont change the new cuspid number promtly and when they do, panicked shareholders will dump their stocks, once the sell off settles thats the moment to buy and pray for news to come!
This dilution is a "control demolition" so I doubt it will touch Trips at least year. However It might in the 2nd Q 2023 when the Fed rates takes effect. There is a lag of around 9 months in the economy and we will be immersed in a recession, and the broad market should crater assuming this scenario happens.
How about if The RM Co is Regent Homes ( RH ) and they decided to name Troy Davis as LGBS new CEO? RH looks pretty interesting as Acquiring Co.
Here is another Troy Davis with a profile consistent with LGBS' business endeavor
https://www.regenthomestn.com/meet-the-team
Regent homes project manager of land development
Troy Davis
Land Development Project Manager
Troy manages the field operations for the new lots and developments in our communities. He joined our team in 2017, bringing more than seven years of land surveying and residential construction experience. He earned a Bachelor of Science degree in Construction Engineering Technology from the University of Toledo and a Master of Arts in Christian Ministry Leadership from Liberty University Theological Seminary. Troy is the President/Executive Director of One Global Mission, Inc., and is very active in his church, as well as with Habitat for Humanity of Greater Nashville
Respect to my favorite candidate here is a linkedin address:
https://www.linkedin.com/mwlite/company/troy-davis-homes
I found another candidate for The possible RM:
https://www.tdaviscontractors.com
This is a company from Ohio
After doing some digging I found that "T" stands for "Tim" the first name of the owner, so I doubt this is the company we are looking for.
Assuming TPTW files on Wednesday, how many days after that to get current? TIA
If no news on monday it will tank
Bomo can RS this coming Monday 12 when the 20 calendar days are due as stated in the last doc released. GLTA
No news no tweets!!?
Those are major words "raging scams". do you have proofs of it, can you expand exactly what you're talking about? Or is it simply a "joke" as I always read around.
Hi volume today comparing to the last 2 days. Mostly selling. More than beer money lol
What happened with new CEO Troy Davis an the upcoming updates he mentioned in the last 3 twitters.?
OS is now 166 I suppose the hi volume today is due to DILUTION
22 M shrs sold out @ .0012
XTRM and LGBS are partners in North Star Developers. lgbs has a new CEO Troy Davis and Paul Bakajin had resigned to all positions including President of the board, so it appears a Reverse Merge is in progress once Lgbs announce it they will release the corresponding news (check lgbs Twitter). It seems that the acquiring Co. Is TROY DAVIS HOME LLC, which have many years of experience in building homes and builds more than 200 per year not only in IDAHO but other states as well. So my speculation is that both partners will increment substantially their business including solar cells in each home built starting next year. Do your own DD and I do not advice to buy or sell any of the Cos mentioned above. GLTA
" Then of course there may be several complicated SEC rules and regulations that have to be satisfied which can be a little more involved when the principal may be a foreign National.
I'm also wondering if there could be potential conflicts of interest between this new entity and his other two publicly listed companies that violate certain Securities laws, etc, etc. ..."
Both points above may have merit. But IMO SBES is an important piece of the puzzle together with the other 2 companies they have but are waiting for something crucial related to the market they deal on. Speculation of my part, maybe they are writing an app , kind of a B2C and B2B to sell their products to the general public and to connect with other Cos etc. that takes time to develop and implement it. Once they accomplish that goal, they can deal with the accounting and regulations and other mundane stuff etc and announce the nascent Co with great fanfare to the general market.
Reverse Merge is generally broken in 4 stages :
1 Due Diligence:
Analysis of the target firm to determine if the business is a good investment.
2. Agreement:
Involves a detailed plan that includes strategies for change management, inventory assessment, organizational integration.
3. Integration:
Involves Change Management, evaluating improvements, schedule visibility and resource investment.
4. Value Attainment:
Reduction of costs, within operations and enhances revenue opportunities, to access a wider customer base and increase market share by gaining new customers or markets.
https://www.manufacturing.net/operations/article/13246102/best-practices-for-each-phase-of-mergers-and-acquisitions
Could you so kind to explain what are those complex issues involved in a RM with a shell. considering that Sbes has basically no assets beyond than the value as a public shell and the tax loss carry forward worth plus I presume no debts. Also SBES has no business process or employees to reallocate etc.? TIA
Specially DAVID WHATEVER.....
I would wait for the 50 SMA to cross the 200 SMA to feel bullish plus MACD positive
https://stockcharts.com/h-sc/ui
Check here add state Nv
Sorry to hear he is dead check the obituary....As I read somewhere in ihub he is long gone...
Right, this is just a theory though I tried to document it as thoroughly as possible and also being conservative respect to Gross profits since TDH llc has many years of experience hence its costs should be lower including time to build a home. Also TDH should be well capitalize to build 200 + homes per year. GLTA
I found so many Troy Davis in my search, and happy to find TROY DAVIS HOME LLC. that fits so perfectly into Lgbs and I told you then BUCKLE UP. By the way, I never got answers from both the company and LGBS related to asking Troy Davis being the CEO of both companies.
Great, did you read the report post # 46928?
Thanks, cardmaster, This board is very mature and insightful, and the interchange of ideas make it rewarding by itself. Also I see very difficult to get shares at lower price, which means, those shares are locked and secured even when we are at the mid of the infamous tax loss season.
Its interesting that the bid has go back to a billion, that is a surprised move, I dont expect news before the RS, but who knows...maybe they decide to wait until some good news come.
I meant 0.1-2
"..
BOMO WILL REVERSE AND GO RIGHT BACK TO WHERE IT WAS ....."
i mostly agree with your statement, only one clarification Do you mean going to 0.001-2 or T1-2 post RS values?
The released note mentions 20 calendar days counting from the next day after the date of the note, if Im correct the "magical date" should be Dec. 12.
It is very usual a NDA until the acquiring company takes over and change the board and publish it in the Otc page and the state Jpex is based on. Thats the beginning of the third stage.
In case of JPEX everything is more simple. It has no tangible assets, no business operations etc Only the shell plus the carry forward taxes we talked about. Also I presume no debt.
I continually learn about this, I just got involved into one where the acquired company is not a shell has around 20 M in lots in Bouse Idaho a hot area for Real Estate,and I did not have Idea it was being merged but there are several facts that resemble a merge and the general public I guess is not aware of it. It is almost in the 52 w. lowest level and traders selling out because news is not released yet and have no patient. hopefully news will come before Christmas.
That Troy Davis background doesnt fit into the lgbs business, that is home building.
Reverse Merge is generally broken in 4 stages :
The unknown Co acquiring JPEX is probably at the First/Second stage?
1 Due Diligence:
Analysis of the target firm to determine if the business is a good investment.
2. Agreement:
Involves a detailed plan that includes strategies for change management, inventory assessment, organizational integration.
3. Integration:
Involves Change Management, evaluating improvements, schedule visibility and resource investment.
4. Value Attainment:
Reduction of costs, within operations and enhances revenue opportunities, to access a wider customer base and increase market share by gaining new customers or markets.
For more details:
https://www.manufacturing.net/operations/article/13246102/best-practices-for-each-phase-of-mergers-and-acquisitions
That happened in Xu tenure. I don't think the new management cares about Christmas surprises, especially that David Whatever.... just saying.
But his profile doesnt fit into LGBS Current business.
Taking note on this...Maybe it is due to the last disgusting email answer to one of our connated poster?