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Increased again on 4/30/2021
ADGO SECURITY DETAILS
Share Structure
Market Cap Market Cap
4,631,941
04/30/2021
Authorized Shares
300,000,000,000
04/30/2021
Outstanding Shares
4,027,775,058
04/30/2021
Restricted
392,450,317
04/30/2021
Unrestricted
3,635,324,741
04/30/2021
Held at DTC
3,545,760,702
04/30/2021
Float
68,922,307
10/31/2019
https://www.otcmarkets.com/stock/ADGO/security
According to this Twitter poster, we should see filing on Monday. (I don’t know the reliability of this poster)
$HVCW
— OTCpeedy Gonzales (@BoomBoomTrader1) April 30, 2021
I asked the CEO of $HVCW and he said that filings shuld hit on MONDAY!
check the number if you want on OTC market
I hope he is telling the true
Don't forget $NECA and $TRSI
they both upload filings this week pic.twitter.com/QLh0ZltsC0
We need an Annual for 2020. Since June is the fiscal year for HVCW, we also need quarterly rpts for 9/20, 12/20 and possibly 3/21.
The effective date is not known until FINRA approves the R/S.
A company can do a R/S to the O/S and not reduce the A/S. It happens all the time!!
FINRA won’t post the R/S on the daily list until it is time to implement the action...the effective date.
We are watching for initial SoS filing/update. Custody has already been granted and order posted to docket.
I was very disappointed with how some traders killed the run this morning. I mean, if people are actively buying .004s off the ask, you don’t dump your shares on the bid. Once someone or a few did that, others joined in and killed it. We could’ve seen .005 easily today.
I don’t think I’ve seen anything update that early. But we should know sometime tomorrow.
Some of your larger cities have night court. Otherwise it would take a long time to get a court date. Usually traffic court is the more common court to have night court though.
All good. I just wanted to make sure the correct date was put out there. I’ve seen a wrongly stated date create a sell off on another ticker a few years ago because many thought the event didn’t happen when it was supposed to based on someone stating the incorrect date on a board and no one corrected the poster’s statement.
The hearing is scheduled for the 15th, Friday.
Here's the Amended Stock Designation doc filed today...
$PFWIQ ...I bought a copy of the filing. Since the first page of the pdf is my receipt for purchase and contains my personal information, I had to screenshot each individual page of the document (10 pages). I created a folder on my google drive for the document (shared link below). Each page is numbered within the folder for easy navigation from one page to the next. I'm not hiding anything (other than my personal info), I don't have any software that will allow me to just delete the first page of the pdf (which is my receipt) while leaving the rest of the document intact.
https://drive.google.com/drive/folders/19GDup_yEqogb3AFhNBknD9isG50w6_jm
A group. No new catalyst has happened to propel the pps into an upward movement yet.
We are currently in a hold status until this is resolved...
Here's the link to PFWIQ - Motion to Require Proofs of Claims.
https://drive.google.com/file/d/1tgHs6wrhPK5YDbPOwH_SqGuv4WdOJkSc/view?usp=sharing
See page 6 and Exhibit 6 concerning that specific lawsuit. Read other exhibits for additional details/info concerning the bankruptcy and additional lawsuits that were stayed in other courts upon filing of the bankruptcy. It makes no sense that the Massachusetts court proceed with this lawsuit even after all parties, were notified.
IMO, Lazar and his attorney will most likely get it vacated, but it will take time to go through the process, especially dealing with another court in another state. It all depends on if they deem it worth the expense and effort. From my research, it sounds like they will have to take it up to the appeals branch in order to get it vacated.
Still pending those actions. Should see order post this week. SoS update will follow shortly after.
That is pretty much it in a nut shell!!
Lazar will most likely just settle that outside of court.
That hearing is for Status Check. Hearing for Motion to Bar Unasserted Claims hasn't been set yet. Maybe by end of day or tomorrow the hearing date will be posted.
Yes, that is true! However, they may tie in the termination with the Bar Unsserted Claims hearing like they have on several others. We shall see very soon!
The hearing will be late Jan or early Feb! I know facts don't matter to some on this board!
$XMET, Motion to Bar Unasserted Claims filed 12/23/2020 Hearing date pending...Should be in approx 30 days from today!
No, the 1/8 status check will be just that...a status check.
They still have file the Motion to Bar Non-asserted Claims, then they’ll be assigned a separate hearing date. Now it is always possible it could be resolved with the judge outside of the hearing date like they did on SOLS.
Even if there were no claims submitted as part of the Proof of Claims process, they will still need to file a Motion to Bar Non-asserted Claims. Just as SOLS and EAIN did. After they submit the Affidavit of Publication, they will submit a Motion to Bar Non-asserted Claims, possibly also to Terminate Custodianship at the same time. The hearing will be scheduled for a date approximately 30 days from the date they file the Motion. See SOLS and EAIN's dockets and orders below...
Screenshot of SOLS Docket...
Screenshot of SOLS's Order Terminating Custodianship and Barring Non-Asserted Claims Against Sollensys Corp...
Screenshot of EAIN Docket...
Screenshot of EAIN's ORDER TERMINATING CUSTODIANSHIP AND BARRING NON-ASSERTED CLAIMS AGAINST ENABLING ASIA, INC...
Usually only from current trading day data, not historical.
Bro! 11/30/2020 was like 16 days ago...not 3 months ago!
At least state facts when we can see the facts!! meh!
We are still waiting for them to file a motion to settle claimed and bar unclaimed.
I think we might be waiting to see if they can get a judgement a creditor received against the company during it's bankruptcy vacated. The creditor filed a lawsuit against the company in another state prior to the company filing bankruptcy. The creditor was listed in the bankruptcy when filed by company. Both creditor and the court hearing the lawsuit were notified of the bankruptcy. The lawsuit should have been stayed, but the court proceeded in making a judgment in favor of the creditor anyway, post BK filing. This judgement should not have proceeded.
Wouldn't that have come from the 100,000,000 preferred shares giving him 93% voter rights?
Quote from 8-K...
"100,000,000 shares of Series A Preferred Stock, $0.001 par value per share (the “Shares”) of XXStream Entertainment, Inc., a Nevada corporation (the “Company”), were transferred from Custodian Ventures, LLC to Wei Tian (the “Purchaser”). As a result, the Purchaser became an approximately 93% holder of the voting rights of the issued and outstanding share capital of the Company on a fully-diluted basis of the Company, and became the controlling shareholder."
It doesn't specify it as COMMON shares.
Also when you take into consideration there have been 3 days that traded over 1B, one of which traded almost 2B, I would have to say the trading O/S is much larger than 750M.
Also from the 8-K...
"Section 2.6 Authorized Shares. The authorized capital of the Company consists, immediately prior to the Closing, of: (i) 8,900,000,000 shares of common stock, $0.001 par value per share, 8,272,627,462 shares of which are issued and outstanding immediately prior to the Closing; and (ii) 100,000,000 shares of preferred stock, par value $0.0001, 100,000,000 of which are designated Series A Convertible Preferred Stock and 100,000,000 of which are issued and outstanding immediately prior to the Closing. All of the outstanding shares of Common Stock and Preferred Stock have been duly authorized, are fully paid and nonassessable and were issued in compliance with all applicable federal and state securities laws."
Maybe I'm misreading or misunderstanding the 8-K or misunderstanding the value of preferred verses common shares. I'm probably just too tired to comprehend it right now.
I guess we will see.
750M O/S? Where did you get that number?
Both O/S and Unrestricted are 8,272,627,462 as of 11/30/2020.
https://www.otcmarkets.com/stock/XMET/security
Even the 10-Q filed on 9/29/2020 states, "As of September 29, 2020, 8,272,627,462 common shares were outstanding."
https://www.otcmarkets.com/filing/html?id=14414559&guid=MHQqU6OMvwrkq8h
Even if there were no claims submitted, they would have a hearing to disallow or bar unasserted claims to prevent anyone from stepping forward at later time with a claim.
Yes, they have to file a motion with the court to either settle or dismiss any proof of claims submitted and to bar any claims not submitted. Then they will get a hearing date for that, usually about 30 days out from date motion filed. They do currently have a hearing date for a status check in January, but that isn't for the purpose to settle/dismiss claims. They may also file a motion to terminate custodianship combined with the settle/dismiss claims motion.
I didn't see the 8K until after my initial response to someone earlier. Just when I think I have the rules and pattern of steps figured out, Lazar changes it up and does something out of the norm.
As of right now, NV SoS list Lazar as all officer positions. Watching for that filing.
<eyes rolling> No it isn't!
Once the court provides an order authorizing the proof of claims, he must advertise in a printed public news medium in the public notices section for 30 days. Once complete, he provides the court with an affidavit showing proof of meeting the advertisement requirement. If anyone claims the company owes them money, they file a claim along with proof to the court. Lazar will request a court date to finalize the proof of claims. Court date is usually about 30 days out from the date of the request. Lazar can negotiate a settlement with anyone submitting a claim prior to court. Once they go to court, the judge will finalize any settlements he/she deems fair, the judge will dismiss any claims that are too old and are no longer within the statutes of limitations or valid and will bar all remaining unclaimed debt from being able to be claimed at a future date, thereby making it a clean, debt free shell. Once that has completed, Lazar will request a termination to the custodianship, at which time the ticker is available to turn over to a buyer, if he has one lined up. Most of the time, by the time he gets to the termination of custodianship step, he has a buyer lined up...but not always.
93%? What are you even talking about?
It hasn’t even finished proof of claims process. Lazar is still in control of ticker.
The affidavit shows the court he has advertised the proof of claims order in a public news medium for the 30 day minimum requirement. It still goes to court to finalize the proof of claims and settle and/or bar all asserted and/or unasserted claims.
Lazar keeps control at least until the custodianship is terminated by the court. That is the soonest he can release the ticker to a buyer.
Nope! It isn’t a SEC reporting ticker. No 8K required to announce merger. No 14 required to announce R/S.
Unfortunately, I didn’t date that entry and apparently I missed my scanner when it changed back again.
I’ll be working on getting my spreadsheet caught back up this week now that I’ve finished a couple of large projects.