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Welp...I really wanted a new version of the Falcon and an updated XIO..lol. I think that is a huge loss. I was so tech driven circa 90'...and have only been disappointed since then. Every time I think..yes!...I am defeated by gimmicks..lol.
I hear ya'
Jesus was that a brief or a Novella? Man...that's longer than a brief and reply are allowed. Granted...there's nothing at all to do with that, but no way in hell is the Judge going to favorably approve of that . That's insane...no Judge is going to appreciate that dribble...it's an insult. lol......I feel bad for his attorney.
Good catch. Actually hoping it is...lol. Then again...not. That's where it is going...and it's messed up.
I first bought this in December 2019..lol. Covid hit..and sold pieces all they way though the Spring of 2021. It actually hit like .60 cents in Feb 2021...lol. My first entry was @ .005, and my cost average now is close to .0065..thinking?.
I'm in a sweet spot...and need to be more mindful of that and others that may not be. But, you are right...it could happen again...that was one hell of a new mob coming into play then..eh? I should be more optimistic of that.
Worst of the worst.. Excuse my language here....but that cat is a mother fucker.
https://www.thinkadvisor.com/2023/07/03/barred-broker-gets-8-years-in-prison-for-1-9m-ponzi-scheme/
Some 40 year old cuck' did that. That's always been my biggest pet peeve....preying friends on the aged.
I think the head scratcher is the OTC in general. It's going through a transition. A lot of the penny pitch hustlers got busted as well. Some used to post on this web site heavily. Etc...etc...etc...
All of this adds up and compounds.
You wouldn't make any money and neither would the primary shareholders and investors. If they paid $18,000,000 for the commons and preferred..after excluding the warrants and options(investors)....you would make one penny per share. For anyone to make any money/break even....they would have to purchase the Company for over $50,000,000 minimal.
I understand you want to cut and run with profit...like others...but it aint' gonna happen unless some hustler starts pitching this to the goon mob....before the Company starts their pitch. I say fuck them here...you want them with junk...but this isn't junk.
Again, doesn't mean it catches on and appreciates beforehand. The Company would want that to happen ..so I am assuming they will get to work on that when the time is appropriate. Certainly not now...the fn' quotes are unsolicited and the S-1 is not in EFFECT :)
No..refer:
warrants to purchase up to an aggregate of 964,834,419 shares of Common Stock with a weighted average exercise price of approximately $0.033 per share, of which warrants to purchase 474,999,993 shares of Common Stock were issued to investors in the Private Placement at an exercise price of $0.033 per share.
outstanding options to purchase up to an aggregate of 179,579,481 shares of Common Stock with a weighted average exercise price of approximately $0.003496 per share; and
The primary goal of the Reverse Stock Split is to increase the per share market price of our Common Stock in connection with our intention to apply to have our common stock listed for trading on The Nasdaq Stock Market (“Nasdaq”), as contemplated in the Securities Purchase Agreement. We believe that a range of Reverse Stock Split ratios provides us with the most flexibility to achieve the desired results of the Reverse Stock Split. The Reverse Stock Split is not intended as, and will not have the effect of, a “going private transaction” covered by Rule 13e-3 promulgated under the Exchange Act. The Reverse Stock Split is not intended to modify the rights of existing stockholders in any material respect.
If the Reverse Stock Split Proposal is approved by our stockholders and the Reverse Stock Split is effected, up to every 100,000 shares of our outstanding Common Stock would be combined and reclassified into one share of Common Stock. The actual timing for implementation of the Reverse Stock Split would be determined by the Board based upon its evaluation as to when such action would be most advantageous to the Company and its stockholders Notwithstanding approval of the Reverse Stock Split Proposal by our stockholders, the Board will have the sole authority to elect whether or not and when to amend our amended and restated certificate of incorporation to effect the Reverse Stock Split. If the Reverse Stock Split Proposal is approved by our stockholders, the Board will make a determination as to whether effecting the Reverse Stock Split is in the best interests of the Company and our stockholders in light of, among other things, the Company’s ability to increase the trading price of our Common Stock to meet the minimum stock price standards of Nasdaq without effecting the Reverse Stock Split, the per share price of the Common Stock immediately prior to the Reverse Stock Split and the expected stability of the per share price of the Common Stock following the Reverse Stock Split. If the Board determines that it is in the best interests of the Company and its stockholders to effect the Reverse Stock Split, it will hold a Board meeting to determine the ratio of the Reverse Stock Split. For additional information concerning the factors the Board will consider in deciding whether to effect the Reverse Stock Split, see “— Determination of the Reverse Stock Split Ratio” and “— Board Discretion to Effect the Reverse Stock Split.”
Mr. Haddad has served as our Chief Executive Officer and director since December 2021. Mr. Haddad is a multi-disciplinary finance and technology expert, with extensive senior level operational experience in raising capital, growing complex business models, and guiding startups and later stage companies to successful exits. Prior to his employment at Dror, Mr. Haddad served as Chief Executive Officer of HFT Investments from 2007 through 2021. He also served as a Senior Adviser at Exceed Talent Capital between 2019 and 2023. Over the course of his 30-year career, Mr. Haddad has structured and managed a number of technology and media transactions valued at an aggregate of over $85 billion, including $250 million in transactions within the Israeli high-tech space in AI, medical technology, and cybersecurity. Mr. Haddad received a bachelor’s degree in economics and philosophy from Columbia University, where he was the recipient of the National Science Foundation Award in Theoretical Physics and started his career in the M&A subgroup of Morgan Stanley’s media and technology group for several years. We believe that Mr. Haddad’s extensive business experience qualifies him to serve as a member of our Board.
Why? Are you referring to now...
Always the salesman. It's a Holding Company....there is nothing useless about that metric. You gotta' love him for that. I understand where he is going...but still...come on Warren :) He's good at his job..for sure.
lol...speaking of little hidden easter eggs out there, I remember a little gem back in the early 2000's. It was some telco company merging with some blimp company..both BB stocks. They were going to provide endless internet and communications via low altitude air ships. The blimp co was getting one share of the telco from merger(every 1 share held received 1 share). The telco had gone up large prior to this as well. Turns out , there was something goofy with the ex date from memory. Anyhow, it was a bloodbath of profit taking...lol. I think the execs of the telco got busted faking revenue and the ceo sold unregistered issues...lol
Those were the good days....
Absolutely nothing happens until regulatory approval(S-1 effective). Also form 211 via broker/dealer. Go from there. It's still semi dark.
By the way...I hope your play works out(as for everyone). I get where you are coming from...so you know ...
So it should have opened up that way. Except for the fact that such would have been wrong. Was one day enough for the exhale? I think this one is too dangerous to let individuals see other individuals offers/pricing...for too long. Even if they are unsolicited
lol...you bet your ass. But I was trying to explain how a large split won't happen. But truth be told, if this were to be a one for hundred thousand, I'd make damn sure I would put $250.00 in to it @ .005 etc...etc...etc.. I'll walk out with one share @ $500.00 ...adjust the consolidation any way you want and adjust how many you buy before effect. That's a double and an extra $250.00 for absolutely nothing in that hypothetical scenario.
That's more than ten bucks my friend....and I have done it before and walked away laughing with nice pocket change. I think you are just stuck in old school OTC Pink land...and it doesn't exist anymore. Time to move on from this shit venue that used to be fat gainers. Maybe it will come back, but I doubt it.
And yes...I am a financial wizard .....haven't been on anyone's payroll since 2007, and I am only 57 years old. Haven't used credit since then either. Not extremely rich but those little things have added up for me :)
Laugh away...:)
I understand that....this wasn't a ten day suspension either...it was indefinite, so logic dictates that such should apply here. It was delisted due to price during the indefinite suspension. So the case here is that it was already suspended during the delisting
So I am assuming the question is why not expert market..eh?
Welp...lol...that was quick:
https://www.sec.gov/oiea/investor-alerts-and-bulletins/investor-bulletin-trading-suspensions
Before soliciting quotations or resuming quotations in an OTC stock that has been subject to a trading suspension, a broker-dealer must file a Form 211 with the Financial Industry Regulatory Authority (“FINRA”) representing that it has satisfied all applicable requirements, including those of Rule 15c2-11 and FINRA
(edit)I'm not sure if any broker/dealer is going to file a 211 here, but you're correct...we'll know more come next week(maybe). Still..that process takes some time usually..unless expedited here? I mean there is no way they could have filed during suspension...right? Geesh...that's a stupid question I guess...there's no way.
No one should have any problem buying/selling it..it's just unsolicited. It looks as though a few cats made some money today. I completely forgot about that one...lol.
Then again....the word "problem" may not be the correct word to use. I should just say that people are able to buy and sell and see the offer price available while doing it.
ooops..lol...I meant as a Company...lol. Not as an individual. Holy shit...that was almost an asshole attack :) Sorry ...
YEP. Main point....if you aren't going to be serious about Nasdaq and raising serious money and liquidity....take a fucking hike. :)
You can bet your ass that if I can squeeze an extra share out of this ...I will...lol.
I think you all(some) missed the point...lol. There is nothing ridiculous regarding the consolidation range given that is in place to insure the Nasdaq listing. It is solely set up to insure that without any interruption.
If they considered a 1 for100 only...or any combination lower, then such would be a waste of time. Just think if they stated that and then had to adjust later and make it larger. No way. Now, they can adjust anywhere they choose...and such can be lower than stated given that it is solely for the listing. Again..it's currently based on a .01 - .0001 price range with a $10 IPO target price.
They need roughly $5 minimum....but I don't want it that low. Granted...if it works for them..then I am good to go :)
The OTC quotation link and venue has never been this pitiful ever. Anyone that has played this back to the old BB days should understand this. The OTC has been cleaned up hard and aint' going back to those old 20 bagger' single day junk plays like back in the early 2000's
It's been dying hard since 2015 and last year mixed it up hard. For the better...but it's fucking dead. Nothing but shells...and when I say shells...way more than wanted.
Fuck this venue..and move it up and hopefully get one of those bs automated runs that have been going on recently on low floaters. Those ones are not happening in this venue and the garbage short term lending is getting axed....which means no more "junk bonds"...lol.
!!ps the small round up lot is something everyone should consider.
Case in point:
Fractional shares will not be issued in connection with the Reverse Stock Split. Each stockholder who would otherwise hold a fractional share of Common Stock as a result of the Reverse Stock Split will receive one share of Common Stock in lieu of such fractional share. If such shares are subject to an award granted under one of the Incentive Plans, each fractional share of Common Stock will be rounded down to the nearest whole share of Common Stock in order to comply with the requirements of Sections 409A and 424 of the Code.
There was a guy about 10 plus years ago that went around and looked for this specific play(rounding up). He used to promote it....nothing wrong with doubles...you just won't bust the bank doing it...and it's more work than gain :)
The chairman of SocialtraderAI is Alfonso Arana...the same Alfonso that owned Bizsecure and was previously HUMBL's Vice President Blockchain Services.
One of the final steps will be to fold all into Diamond Lake Minerals Inc.(otc DLMI)
Well..thanks to Perry...eh? Perfect example of what I was saying. Thanks man.
Everything is just repackaged into a new vehicle. The assets are dead for the most part.
Almost 800 Million since Feb 1, 2024. That is over $600,000 in new issues sold into the market in one Month @ .0008. Go from there...
p.s. you really do not want to go from there...
NO..certainly not. The valuation is nonsense though...which is usually the case when involving stock. That's just an unfortunate outcome. They have been repacking distressed and non assets/investments to somehow gain value down the road. Nothing uncommon there either.
The repackage will be dumped into Diamond Lake and then dump shares. About as obvious as you can get. A lot of related parties shuffling around different dead packages into a fresh new one.
The newest start up was SocialTrader AI...back in march 2023. So the timeline is predicable :)
I don't know about that..lol. It's just when you explain something...then show examples..then explain further, you think they would actually read it and think about it. First you show fees from the least expensive broker for shorting(Interactive Brokers)..then OTC Markets...then FINRA ..and you still can't get through.
The killer is when I think that a little while ago..I mentioned that Nate from Hindenburg "wasn't " one of the good guys,as well as, the misuse of "P Notes" via Indian FII's... in another forum...got somewhat called out....and now this...lol.
Maybe I should talk about "Participatory Notes" here and the damage it's done to the Indian market...lol. Of course, they wouldn't know what those are either. Just like they don't know the fundamentals of shorting.
It's odd. Being called a liar when I have only copy and pasted from FINRA and the OTC Markets Group. Then attempted to further explain....and only get chastised.
It's like they wished it was player shorted as to have an excuse. I just don't get people at times.
I get that...but buying 50,000 shares and getting a "not going to happen" 100,000 to 1 consolidation will double your money. :) No matter what.
It's the little things that matter...lol. Like fractional shares..ha!....in this scenario.
To follow up on REG SHO:
For a "hard to borrow" security or a threshold security, however, a broker-dealer may not re-apply a locate for intraday buy to cover trades.4 SEC guidance has explained that, without obtaining locates prior to each short sale in hard to borrow or threshold securities, it is unlikely that a broker-dealer executing short sales in such securities would have reasonable grounds to believe that the securities can be borrowed so that they can be delivered on the date that delivery is due on each trade.5
Professionals understand that separating actual customer short sales and calculating a separate net change in market maker positions at the end of the trading day would provide a better metric for investors and regulators in determining actual short sale activity in a trading day. Unfortunately, this important information cannot be ascertained from the current FINRA Short Sale Daily Volume File.
Oh my goodness..... yes...I do. It's here:
https://www.finra.org/investors/insights/short-interest
In addition to short interest data, FINRA also publishes short sale volume data. The daily short sale volume data provides aggregated volume by security for all off-exchange short sale trades. This data excludes any trading activity that is not publicly disseminated and is not consolidated with exchange data.
Some market participants mistakenly conclude that the bimonthly short interest data is understated because the Short Sale Volume Daily File reflects volume that is much larger than the positions reported as short interest. However, short interest position data does not—and is not intended to—equate to the daily short sale volume data posted on FINRA’s website.
The short interest data is just a snapshot that reflects short positions held by brokerage firms at a specific moment in time on two discrete days each month. The Short Sale Volume Daily File reflects the aggregate volume of trades within certain parameters executed as short sales on individual trade dates. Therefore, while the two data sets are related in that short sale volume activity may ultimately result in a reportable short interest position, they are not the same.
I amazed in not seeing 50,000 lot share purchases here and there more often. Any passerby would be foolish not to do such...and hope for the maximum consolidation. Just don't go beyond 75,000..;) That's an easy double...and don't care if it's $500 minimal..it's still a double @ 50k lot.
No matter what :)
Man , I hope that happens to mine after it IPO's...lol.
Refer to the truth and quit talking nonsense!...from the source:
https://blog.otcmarkets.com/2023/05/08/what-investors-should-know-about-finra-daily-short-sale-volume-data/
If a market maker is representing an investor’s long sell order in their displayed quote (otherwise known as Limit Order Display), the public media report trade will show up as a short sale, and the long sale will be a regulatory non-media report. In the above situations, trades initiated by a natural buyer or a long seller, the media trade reports will be marked as short sales. This further creates confusion about short activity in the market.
In some cases, a market maker receives customer sell orders and is unable to or decides not to principally fill the customer order. The market maker effectively becomes an order router seeking to obtain the best liquidity for its customer. As the market maker interacts with bids in the market to fill the order, the trades are automatically allocated to outstanding customer sell orders that are executable at those prices.
FINRA Rule 5320, known as the Manning obligation, requires that market makers immediately fill all live marketable customer orders at the same or better price, before allocating trades to a market maker’s own account. Depending on the market maker’s position in that moment, sell orders may be reported as “media” short sales to the public when the regulatory non-media trade report is a regular long sale.
As the above examples demonstrate, FINRA Short Sale Daily Volume File conflates directional investors (who have a true intent to sell short) with market maker short selling activity (who incur temporary short positions in order to provide liquidity to buyers) into one confusing number. This method of publication causes the aggregate volume to appear to reflect a higher concentration of directional short sale activity than is occurring.
Professionals understand that separating actual customer short sales and calculating a separate net change in market maker positions at the end of the trading day would provide a better metric for investors and regulators in determining actual short sale activity in a trading day. Unfortunately, this important information cannot be ascertained from the current FINRA Short Sale Daily Volume File.
lol....hang in there guys. Jesus...
On the road again.
That was good. Don't agree with the premise but couldn't disagree with what I read...lol. I think that it just tends to be good Companies hiring good people. Doesn't matter how you look or where you are from. One thing is a given...women take more risks than men. I liked that bit of the art'. I can't explain why...but definitely a given and someone you would want to source in certain situations. Like bringing in a ringer :)
Case in point:
https://www.amd.com/en/corporate/leadership/lisa-su.html
She rocks
Jesus...how fn' stupid.