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Solid update:
OTC/FINRA/SEC filings
ENTREX
• “Change of Control” approved by OTC Markets
• OTCIQ – Access Pending FINRA approval of Name/Symbol
• Stock - Musings
• All data requested and Provided in March
• 18 Year Corporate Officer/Director requested – provided.
• Status show Received / Pending Review since March
• Two Counsel enquiries from Mar/Apr NOT responded.
• 250 million Common Authorized – Nevada Sec of State
• ~210 million allocated on a fully diluted basis
• Management shares are restricted – Zero Liquidity
• There on NO preferred shares issued.
Entrex/ Watkins is a no BS, all business world class team
Really toxic people. They claim to call transfer agents, report false statements, but don't want to call the CEO as part of their due diligence - just plain laziness trying to project their past failures in OTC market onto Entrex/ Watkins, which we know is so beyond regular stinky pinky shenanigans. Thanks for your objective contributions. The Block button is very useful these days Lol
It's actually getting pretty funny. They are truly not accomplishing anything and even get triggered by your use of a $ sign. 'Look at me, I buy stocks and then complain about how scammy it is, because I need attention' Lol.
Thanks Toucan.
It’s not worth wasting your breath on time wasters. I use the Block button on Johnny come lately posters and stay focussed on the long term prospect with Entrex. At the end of the day, what is said on this board matters little if we are Long, although it’s nice to get solid DD like what AD just posted.
$RGLG Long and Strong
Now that's what I call solid DD! Thanks AD. It's not a matter of IF, but WHEN - AIMHO.
I have filtered out trolls who contribute little to nothing on this board and rely on intelligent DD from posters like you and others, and whatever I can gather myself.
Some seem more interested in getting attention, than anything else...not worth my time. It's not as if they will scare Longs into selling, so I'm not sure what other reasons they would have to do so.
$RGLG Long
It's funny how some come out of the woodworks to bash a stock they know very little about, while some do their DD and confidently know what they hold. If they did their homework, they would know Watkins isn't a pump and dump kind of guy.
$RGLG Long and Strong
Umm, I’m way up Lol..but I’m not selling. RHLG is the only stock I consider as a long term investment because of its association with Entrex.
Well said. To me, unlike many penny stocks I invested in, Entrex was always going to be a long term investment. Will it succeed, time will tell, but I like our chances with Watkins at the helm.
$RGLG Long
Yeah, it will require some more patience for sure. In the meantime, Entrex can bring more value to the company, so it’s all good.
Agreed, that timing feels about right. Let's hope so, anyway! :)
It is ridiculous, for sure. I can only imagine the challenges Entrex must have to dig out the requested information related to RGLG legacy management.
I spoke with Watkins this morning. Apparently FINRA is very slow and being very demanding when it comes to clarifying the 18 years of RGLG financial reports. He's frustrated with the process, but they are soldiering on to make sure all their requirements are addressed (and paying a lot of legal fees to make this happen!). Slow process, but at least Entrex is on it.
$RGLG
How old are you, again? Lol
Yup, I was being honest that it is strictly my opinion. I don’t call him just so I can cater to your questions. I don’t have any obligations to respond to you and see that it’s a waste of time, especially with the tone you take with many well respected contributors to this board.
‘Nope’ Lol. Call him yourself is what I’m saying.
Calling the credits a scam is what I call not doing your DD for reasons I mentioned
Legit DD is actually talking to the CEO and asking why Entrex Carbon offsets are legit, vs. scam offsets that have flooded the market. Entrex carbon offsets are SEC regulated, meaning that if the credits are dubious, the board would have to answer the law and face jail time.
As for 5B authorized shares vs 300K. This is a legit question and here's my opinion for whatever it's worth. Entrex have aspirations to become a multi-billion dollar company (they have access to $3B carbon offset credits, hence the potential is real). Let's say they have a big order in the tens of millions, or even $100M, then the company could easily be the victim of a hostile takeover via an unsolicited bid with only 300k authorized shares. Hence the need for a much larger amount of shares to be used as a deterrent (as a poison pill) from a hostile takeover. I don't think it makes a difference whether it's 2B or 5B. Again, AIMHO.
Here we go. Don't do any DD, and scream scam Lol
There are more people than you think, which I am in touch with, and even if there's only a handful of people, we appreciate each others input. Perhaps you don't realize it, but I think I speak for most here when I say you come across as a complainer on this board.
Complaining about how long things take ALL the time and saying Extrex company positive updates are meaningless until the merger (they're not!), does NOT contribute anything meaningful to RGLG shareholders.
I consider AD1251 the most credible poster on this board, and his experience has shown on many occasions, since has been posting Re: Entrex including during the other Ticker board. 18 years of RGLG Fin reports takes time to review and sort out by FINRA. Entrex is doing everything it can to get this through the finish, but they don't control FINRA-OTC-SEC and are moving art their pace.
$RGLG
I'm in technical sales and my projects can take years to develop, but they are worth the wait like RGLG. Like you, I wish it happens quickly, but it's the speed of business sometimes.
WOW, $100M Revenue Potential...Interesting indeed!!!
https://www.otcmarkets.com/filing/html?id=17311648&guid=Hcd-k6NQcN5eJth
Item 1.01. Entry into a Material Definitive Agreement.
General
Entrex Carbon Market, Inc (aka UHF Logistics Group, Inc) is pleased to announce a preliminary letter of interest has been received to further develop a joint venture with the Entrex Carbon Market Arabia.
The preliminary expression of interest offers an initial $20 million of Sharia Compliant Carbon Financing with the potential to extend the financing to $100 million.
Timing of the funding is expected to commence over the next 12 months pursuant the audit and review committees and conditions of the Shariah Supervisory Board.
Funding is anticipated to be utilized to facilitate the delivery of Entrex's securitized carbon offsets which are expected to be sold to customers throughout the Arabian Peninsula.
The anticipated joint venture structure shall be managed as a subsidiary
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: February 27, 2024
ENTREX CARBON MARKET, INC
AKA - UHF LOGISTICS GROUP, INC
By: /s/ Stephen H. Watkins
Name: Stephen H. Watkins
Title: Chief Executive Officer
Wow, that's a long time and I'd agree 100%, but for one thing. Let's face it, the good old pump and dump days are pretty much over since OTC rule changes and the creation of the Expert Market. Joe is out of the picture for RGLG shell, and Watkins and his very experienced team are running the show, now.
Watkins founded two tech companies which achieved a billion-dollar market capitalization. He couldn't care less about pumping a pink sheet stock; it's small potatoes for him. Entrex is his baby and he's got his eyes on getting uplifted as soon as possible. If you look him up, you'll see his father help build 8 Billion dollar company (Anixter). What impresses me about him is that he really cares about investors big or small, and finance IQ is off the charts. Call him. Super nice guy. He appeared on Fox Business News and spoke in front of the US Senate, authored a finance book. Won a Harvard entrepreneur of the year award, and has man other credentials.
Appearance on Fox Business news:
Not this one. PPS has been holding up well for months, despite the long delays and very few new investors finding out about RGLG. Any one investor can sell 100K shares and make it 'tank'. There is zero signs of dilution. These low volume days will be a thing of the past, once stock is OTC Current, and RGLG can up list. Meanwhile, these are great buying opportunities. AIMHO.
$RGLG Long
Quick update from Watkins. They are making progress accelerating the (traditionally very slow) FINRA review of filings.
Watkins and the Entrex team are all over it!
$RGLG
Amended Statement 8K Form Release:
Not much here, just a correction of filling.
https://www.otcmarkets.com/filing/html?id=17257077&guid=nNd-k6EIXgxPB3h
8-K 1 form8-k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 8, 2024
UHF LOGISTICS GROUP, INC.
(Exact Name of Registrant as Specified in Charter)
Nevada
001-363598
84-2099590
(State or Other Jurisdiction
(Commission
(IRS Employer
of Incorporation)
File Number)
Identification No.)
150 East Palmetto Park Rd, Suite 800, Boca Raton Fl 334323
(Address of Principal Executive Offices)
(561) 465-7580
(Registrants Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2
(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter).
Emerging growth company [X]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [X]
Item 1.01. Restatement of pre-merger financial statements.
General
UHF Logistics Group, Inc announces a planned restatement of financial statements for periods prior to the merger of Entrex Carbon Market, LLC which closed with UHF Logistics Group, Inc on 04/28/2023.
Current management shall use a closing date (04/28/2023) Balance Sheet, attached, which the pre-merger Board representative believes represents the entity at the closing of the merger transition.
Statements filed prior to the closing date include Entrex as a subsidiary which is inappropriate pursuant to the LOI executed by the pre-merger UHF Logistics Group, Inc., Board April 07, 2023 which closed April 28, 2023.
Amended Financial Statements will be filed via OTCIQ upon the finalization of Name and Symbol change approval from FINRA.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: April 12, 2024
UHF LOGISTICS GROUP, INC
By: /s/ Stephen H. Watkins
Name: Stephen H. Watkins
Title: Chief Executive Officer
Hey, I get it. There's not a lot to trust on the OTC, but Watkins is as credible as they come. He couldn't care less about pumping the stock for short term gains. The uplifting is mentioned in the PR and every filing is being made via SEC in order to facilitate the uplisting process. He cannot wait to get out of the OTC and all the BS that comes with it, so he can concentrate on bigger things!
$RGLG Long
I like that they mention their intention to uplist to QX market in the PR. Watkins has mentioned from Day 1 his intensions to bring Entrex to the New York Stock Exchange and this will be a big interim step to that end.
"We await their verification which will enable us to file the necessary documents to be Pink Current on the OTC market with our intent to uplist to the QX market later this year."
OTC DISCLOSURE & NEWS SERVICE
Entrex Carbon Market’s NewLeaf Project Funding Entity Announces 1 Percent Monthly Dividend Distributions from Carbon Offset Projects
Press Release | 02/06/2024
BOCA RATON, FL / ACCESSWIRE / February 6, 2024 / Entrex Carbon Market, Inc (OTC PINK:RGLG) today announced that its whole owned subsidiary, Entrex NewLeaf, shall initially provide investors 1% monthly returns (12% annually) distributed to NewLeaf investors.
"Interested investors asked us if we could distribute interest payments monthly versus a large lump sum and we feel their request is something we can deliver" said Stephen H Watkins, CEO of Entrex. "Investors have monthly expenses and we feel it only appropriate to offer them monthly income from our ESG projects".
"The Entrex NewLeaf provides its shareholders access to monthly income from a diversified basket of professionally managed US based carbon offset projects" said Tom Harblin, Partner of Entrex Carbon Market. "We feel by offering monthly yield we offer brokers access to an investment product to meet their clients ESG/Green investment interests while supporting their cash flow appetite".
"We see the structure of NewLeaf a win-win for Entrex Carbon Market and NewLeaf yield Investors. The structure today is non-dilutive to the public company yet offers many benefits for investors in both the NewLeaf yield structure and Entrex Carbon Market equity stockholders" continued Watkins. SEC filing available here
"Entrex has filed all requested documents with FINRA for the Entrex RGLG name and symbol change. We await their verification which will enable us to file the necessary documents to be Pink Current on the OTC market with our intent to uplist to the QX market later this year. In the interim we're focused on our NewLeaf project financing which is non-dilutive to Entrex shareholders while providing the projected revenue and profits for 2024" continued Harblin.
###
About Entrex Carbon Market:
Entrex Carbon Market established a leading market to trade securitized carbon offsets. Today the company works with carbon offset project owners to create "compliance grade" carbon offsets which have been institutionalized by Wall Street brand name providers. Today the company works with dozens of carbon projects, each registered and authenticated to provide credible, institutional, securities traded to customers through broker dealers servicing their client's needs.
For further information:
Stephen H. Watkins, CEO
Entrex Carbon Market, Inc
(OTC:RGLG)
(561) 465-7580 or 877-4-ENTREX
SOURCE: UHF Logistics Group-dba Entrex Carbon Markets
Anytime, my friend.
I spoke with Watkins earlier today, and he mentioned they have been asked for more information from FINRA about RGLGs long history, which they supplied quickly for review. The process is slow with FINRA and requires much patience, but I am very confident RGLG will eventually become OTC Current - AIMHO.
$RGLG LONG
Considering PPS already peaked at 35 cents, one would think it would go even higher. It's all about getting new eyes and fresh investors onto Entrex and its tremendous revenue potential.
$RGLG Long
I am by no means an expert on this, but Investopedia is a good resource to answer your question(s) - see link below. From what I gather Class A shares typically provide more voting rights, but this is not always the case and it is up to the companies whether they give more rights for A, B, or C shares. Sounds subjective to me, so I'm not sure if Entrex's offer is for preferred shares, necessarily.
https://www.investopedia.com/terms/c/classashares.asp
Hope this helps!
News! Entrex Carbon Market files Fixed Income Regulation 1A “NewLeaf” registration statement
Press Release | 01/25/2024
January 25, 2024
OTC Disclosure & News Service
Boca Raton, FL —
This release includes additional documents. Select the link(s) below to view.
2024-01-25 - Entrex NewLeaf Reg 1a FIling - Press Release.pdf
Entrex Carbon Market, Inc (OTC:RGLG) today announced the filing of the initial registration statement filing for "NewLeaf"; its fixed income carbon offset project funding solution. This registration, PENDING QUALIFICATION, is the launch of a public security offering alternative yield to investors based on a diversified group of carbon offset projects; collateralized by the contracts or the carbon offsets created through production.
Entrexs NewLeaf provides investors access to a diversified group of carbon offset projects which share alternative monthly yield and profit said Stephen H. Watkins, CEO of Entrex.
Our intent is to work with the regulated broker community and their investors, pursuant to the NewLeaf Reg A filing and our existing similar Reg D offering, which offers investors access to not only alternative yield but access to compliance-grade carbon offsets. said Tom Harblin, Partner of Entrex Carbon Market. Our discussions with institutional buyers appear to support their multiple initiatives investor returns and their ESG mandates continued Harblin.
We see the structure of NewLeaf a win-win for Entrex Carbon Market and NewLeaf yield Investors. The structure today is non-dilutive to the public company yet offers many benefits for investors in both the NewLeaf yield structure and Entrex Carbon Market equity stockholders continued Watkins.
SEC filing available here
###
About Entrex Carbon Market:
Entrex Carbon Market established a leading market to trade securitized carbon offsets. Today the company works with carbon offset project owners to create "compliance grade" carbon offsets which have been institutionalized by Wall Street brand name providers. Today the company works with dozens of carbon projects, each registered and authenticated to provide credible securitizes traded to customers through broker dealers servicing their clients need.
For further information:
Stephen H. Watkins, CEO
Entrex Carbon Market, Inc
(OTC:RGLG)
(561) 465-7580 or 877-4-ENTREX
www.entrexcarbonmarket.com
https://www.otcmarkets.com/stock/RGLG/news/Entrex-Carbon-Market-files-Fixed-Income-Regulation-1A-NewLeaf-registration-statement?id=428382
Very much so. We really value your opinion and updates over the years on this board (and the previous Entrex related one). It's been one helluva ride, and the best is yet to come.
$RGLG LONG
Thanks to all who provided updates in the chat, today. I always anticipate delays when it comes to the OTC, but it sounds like all will be cleared up soon. Watkins is not one to drag his feet!
$RGLG Long
All good. It’s more ideal for the fins to come out earlier in the week so it gets more eyes on RGLG. Friday’s are typically quiet investment days - AIMHO. Tick tock!
Let's hope so! OTC is notoriously slow, but it will happen soon, I'm sure.
$RGLG LONG
Nobody likes a bully.