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Rock & Roll Scooby!
oops
Probably a wise statement there.
"Warren Buffett trap
The Short Signal. Thought you'd enjoy.
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I don't know Roofus. Clay posts on stocks with huge runs so MMs shaking or peps profit taking and pull backs make sense to me.
The Short Signal
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Smart post IMO nsomniyak
"I think they are creating a higher value stock. I think the offer to allow common holders to get preferred at 250:1 is a really nice gesture that says "Ok, you little guys can be part of this as we move up-market if you want to. We appreciate your support in the early days!".
I don't believe they think many common shareholders will take them up on it. Penny stock traders and convertible pfd holders fit two really distinct and separate profiles."
Never been a part of anything like this. How does one do the exchanging?
Thanks in advance. Uncharted territory for me.
The Company wishes to announce today that it has approved two actions for its existing loyal shareholders as well as new prospective shareholders. Both these actions involve the new Series C Convertible Preferred Stock. The first is a dividend to all shareholders of record on September 18, 2020 at the close of the market. For every 5,000 shares of common stock then owned, each shareholder will receive one (1) Series C Convertible Preferred share. This equates to a 5% one-time dividend for any shareholder of record for every 5,000 shares owned. The second item the Company has authorized is a tender offer for all common shareholders of record on the same date.
This tender offer is envisioned to benefit our loyal long term shareholders by providing them a way to earn an annual rate of 6% on their investments as they wait for our Company to achieve all the success we believe we will. The way to do this is by exchanging your common shares for the new Series C Convertible Preferred stock. That conversion rate will be one (1) share of the new Preferred for every 250 shares of common owned.
Lower than $1.20 by 2050 I believe
"Rick
Sorry. I disagree you could hold till 2050
Still be at 1.20
Good luck but
This Stock is sinking in Quicksand"
Nice. I LOVE Sophie's videos. Great shredding!
So sorry CJ
So much for that post. Good post "at the time". People are working from home in their PJs. Won't be that way forever I hope, but this news yesterday says a lot. Company's obviously slinging sand bags from the sinking balloon, but will it be enough? I hope so. Good company. I hate seeing the losses brought on by everything that has occurred with the pandemic & oil.
Tailored Brands Closing Up to One-Third of Its Stores, Layoffs Announced
https://www.fool.com/investing/2020/07/21/s-tailored-brands-closing-up-to-one-third-of-its-s.aspx?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo
Why Genius Brands Stock Plunged 25% Today
Investors were apparently disappointed by the media company's big announcement.
Don't comment much here, but that is a really good post.
So Heyward's grandiose statements regarding the JV -- such as "There simply is no greater treasure chest of intellectual property anywhere" -- seem a little far-fetched, to say the least.
And judging by the stock's plunge today, investors are not nearly as excited about this property as Heyward is.
Unless they drop an offering like most of the OTC pharmaceuticals.
Perfectly stated.
I recognize that a majority are here just to trade on the headline PR's and not to invest in the stock anything longer than a couple of weeks. Mainly because trading on the headline has been successful for some but waiting for the company to come thru with results has not.
If they ever do what they claim in their PR's this would not be a three cent stock. Their follow thru track record is not great. But as you and others point out, you can get great headline PR's 2x per year just to trade on and that's all that most people here want.
Someone spent a walloping $56.00 at 3:59:51 to make sure this closed Red. Manipulators trying hard.
Can someone copy paste what this news is please? Can't get the link to work.
Me too UOENO.
I don't think YRIV are liars, and I do think HR are scumbags.
Wondering why The Company Established a Special Committee for Internal Investigation that brought about the decision to file a lawsuit against Hindenburg Research if YRIV was doing anything wrong.
https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=13617284&RcvdDate=8/29/2019&CoName=YANGTZE%20RIVER%20PORT%20&%20LOGISTICS%20LTD&FormType=8-K&View=html
Maybe this?
https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=13617284&RcvdDate=8/29/2019&CoName=YANGTZE%20RIVER%20PORT%20&%20LOGISTICS%20LTD&FormType=8-K&View=html
The Lawsuit against HR continues to proceed in the Supreme Court of New York. Defendants filed a Motion to Dismiss Complaint, and oral arguments for the same motion was originally scheduled for August 14, 2019, but the Court adjourned the hearing until October 7, 2019.
The Company Established a Special Committee for Internal Investigation
A week after HR published its Report on the Company, the Company established a special committee (the “Special Committee”) composed of independent directors to carry out a special internal investigation, for the purpose of investigating each allegation published in HR’s Report. The Company took into consideration that HR’s Report mainly referred to the Company’s subsidiary in Wuhan, China, and its projects. The Special Committee consisted of the Company’s personnel in China, led primarily by independent directors Mr. Zhihong Su, Mr. Tongmin Wang, and Mr. Zhixue Liu. Mr. Zhihong Su is an independent director of the Company and also a member of the Company’s Audit Committee and the Chairman of the Governance and Human Resources Committee under the Company’s Board of Directors. Since December 2001, Mr. Su has also been a managing partner of Beijing Hengjun Law Firm, a law firm that provides services in securities, business, and litigation, and is also familiar with corporate and banking law. Mr. Tongmin Wang is an independent director of the Company and a member of the Company’s Audit Committee. Mr. Zhixue Liu is an independent director of the Company and a member of the Board of Supervisors Committee. The Special Committee’s review included, but was not limited to, reviewing the relevant financial records, public documents, lease agreements, and court documents of the Company’s Wuhan subsidiary.
2. Filing of Lawsuit against HR and Related Personnel Based on the Findings and Proposals of the Company’s Special Committee
Upon conclusion of the investigation, Mr. Zhihong Su, Mr. Tongmin Wang, and Mr. Zhixue Liu orally presented the Special Committee’s investigations to the Company’s Board of Directors, and proposed to file a lawsuit against HR. The Company then proceeded to file a defamation lawsuit against the Defendants on January 23, 2019, which the Company correspondingly announced through its January 24, 2019 8-K filing.
The Special Committee’s Findings and Details Regarding the Complaint
In the Complaint, the Company systematically enumerated and refuted the errors contained in the Report, and pled the following causes of action against HR and related personnel (collectively, the “Defendants”): (i) defamation per se, (ii) defamation, (iii) tortious interference with prospective business relations, (iv) tortious interference with contract, (v) civil conspiracy, and (vi) common law fraud. The Company also claimed that after creating one or more “short” positions in the Company’s stock, Defendants conspired to publish, publicize, and disseminate its erroneous Report in order to jointly manipulate and depress the Company’s stock price. After publishing the false report, Defendants republished and directed online “traffic” through one or more websites and social media accounts to the Report, which was replete with false, misleading, and defamatory statements. Additional information regarding the Special Committee’s findings can be found in the Complaint, available online on the New York State Unified Court System’s website:
The Lawsuit against HR continues to proceed in the Supreme Court of New York. Defendants filed a Motion to Dismiss Complaint, and oral arguments for the same motion was originally scheduled for August 14, 2019, but the Court adjourned the hearing until October 7, 2019.
Agreed. What a moron
Djdjdjdj I don't care who you are, that right there was funny
"Yes. That’s usually how companies do it. First they announce a r/s. Then they cancel it the next day and notify groups in chat rooms first "
There was more volume than usual and the stock didn't tank today.
Slow death here in my opinion.
FINRA Deletions List
https://otce.finra.org/otce/dailyList?viewType=Deletions
With all of these positives, is it possible there is dilution with the stock going down the way it is?
Uplisting to OTCQB? - check
AATAC 40K store Deal? - check
Development of SurgePays? - check
Development of Surge Phone? - check
Development of Surge VISA? - check
OGEN approaching the 200 day SMA. 20 crossed over the 50 SMA. Decent volume.
GHSI headed over .50 IMO. Close to the high of the day with a lot of gap to fill.
Is that why the stock is going down?
Just asking.
This isn't news. It's an article probably written by a group of shorts
Ok Tenkay. Thanks for the input.
"The Company intends to now file a form 10 to reregister its common shares with the SEC and to locate a market maker to sponsor the Company in a 211 filing to reinstate trading of the Company’s shares.
“We regret the concern this put on the market, and especially the delay in communication of these events, as we had to ensure that we had accurately secured all of the necessary agreements to successfully recover from this disruption,” said Dave Christensen, CEO of Lans Holdings. “We have been working diligently on catching up all records and we are looking forward to quickly submitting a Form 10, and then closing the acquisition.”
News
https://finance.yahoo.com/news/lans-holdings-secures-extension-complete-130000269.html
MIAMI, FL, Sept. 11, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Lans Holdings Inc. is pleased to announce that it has successfully secured a 180-day extension to complete the acquisition of 100% of Global Stem Cells Group Inc (GSCG).
On Friday September 6, 2019, trading in the company’s stock was suspended due to a missed communication regarding the pending delinquent annual filings. Company management has had several discussions with the SEC and has determined that an old address is the cause for the missing paperwork. The Company has agreed to enter into a settlement with the SEC, which will result in the deregistering of the Company’s shares. Company management had been working with its auditors, accounting staff and outside consultants for the past few months to bring the Company’s filings current when the Company learned of the revocation. The Company intends to now file a form 10 to reregister its common shares with the SEC and to locate a market maker to sponsor the Company in a 211 filing to reinstate trading of the Company’s shares.
“We regret the concern this put on the market, and especially the delay in communication of these events, as we had to ensure that we had accurately secured all of the necessary agreements to successfully recover from this disruption,” said Dave Christensen, CEO of Lans Holdings. “We have been working diligently on catching up all records and we are looking forward to quickly submitting a Form 10, and then closing the acquisition.”
This press release should be read in conjunction with all other filings on www.sec.gov
For more information on Global Stem Cells Group please visit: www.stemcellsgroup.com
I agree with your post regarding LAHO.
Nice
"Nope stick it in the investors a$$ while company trying to get current for merger.Not what I would call looking out for investors."
I'm from the government, and I'm here to help.
People just need to accept the fact that they got screwed by a POS penny scam and move on to "The Next Big Thing" "Most Read on IHub" in penny land. I hate it for anyone's losses here.
Just look for the Blue Boy ... I'll be the one holding my breath.
Guess that email was BS
Do you mean this signal?
From Clay himself. I think he's got a good sense of humor.
The Short Signal. Ha
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