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It will on monday according to FINRA
Looking forward to some real progress here
Can't wait to see what we look like in September!
I like how the company is split up now into separate markets
Looks like plan is being implemented
restructuring taking place
Excellent
looks like you may have taken it out of context. PPS is irrelevant "right now", to the company. But if this incessant pounding and super BS sleuthing to find something that "could" be interpreted negatively, I'm all for going private. Say bye-bye to any public disclosures, and by the time they come back out in the future, you won't recognize them. Either watch them grow and support them now, or watch them go dark, and hopefully you'll be around after the fact to see the results of this.
You're right. You found the hidden scam! CEO is trying to divest all assets and then tank the company. Wish I had figured that out sooner! Now I see you have been right all along. I thought they were reorganizing according to their bankers instructions to separate each market into different operating wholly owned subs. This way each company could take in acquisitions that matched or expanded those particular segments as well as take in funding without diluting public shareholders via the parent. But it seems you and Dave have this all figured out. Lol. Thanks for the heads up.
Even better yet, lessons to be learned about restructuring assets and sub's in order to acquire companies and take in money. So short sighted on some points, but the bandwagon is filling up again. Very amusing. All the sleuthing does nothing but demonstrate public record. And the record shows the company is restructuring in order to take advantage of tax and other regulatory and market advantages. But keep digging, LOL. Maybe you're all smarter than a 100 yr old Wall Street banker, LOL
Unless there is new stock feeding the float, there will be nothing to buy and the float doesn't increase just because stock is trading hands. So whatever the buy would be, would do nothing but raise the PPS. Oh, wait, that "could" be a good thing, right? I bet we see big changes when the float hits 1,000,000 shares. Someone is buying up the float (and I doubt its retail, they have been scared away because of this board), but someone is. Imagine 1,000,000 share float and really only the same 250K shares are traded because 750K is held long. Guess no one thought to that.
Converts will keep selling until they are taken out. Its only toxics feeding the float right now. Still under 1,000,000 shares I suppose, but I see the timing here. Thats one thing the bankers can't change before a listing application is filed without having to do an S1, and that doesn't seem to be part of the plan. If the toxics are taken out too quickly, then the company doesn't meet the float requirement, so please, keep yelling toxics and keep them feeding the float, need to get to 1,000,000 before meeting that listing requirement.
Why would you think anything in the current market will change? Theres no promotions, no outreach, no awareness.....obviously for a reason. Until the banker starts its research coverage, until the company gets national exposure, any expectations (even through your negative innuendo) ain't gonna happen. Get use to that, everyone else has ....its all part of the summer plan. All I see is execution, and more execution. [check] [check] [check].
Whatever investopedia says is a "general" definition. Its about time to start realizing that the company disclosures are audited by their audit firm, and prepared by their SEC counsel. The only fact is the company did NOT pay any fee's in connection with those "retainers", no matter how many times people opine that they did. Thats just more speculation based on air, nothing more. The actual legal term retainer means that one is on retention to provide services to someone else.....it has nothing to do with money unless it specifically refers to a "retainer fee". Please, put this talking point to rest already, there was no retainer fee paid as part of the retainer. Its a fact and that simple.
Looks like plenty of time to me. Still have 3 months to complete Phase 1 Dave. Posters shouldn't rush things if they want them done right.
Yea, but there are only a handful of shareholders that will use that measure right now, although I am included in that. I am more interested in the company's plans and how and when the different stages are completed. I want to see continued progress in some form to know that they will continue to deliver on what they say they will. Now is now, 10 months ago is so then. Can only judge one thing from 10 months ago and thats PPS. Most here don't really care about that at the moment. Nothing else about this company is, or will stay the same. But its summer, I don't expect too much until all of the bankers and brokers are back from vacations.
Kind of like gambling.
Completely understood. I think everyone has had bad experiences with OTC issues. BUT, c'mon, 10 months after a reverse and its still over .20? I give Lorraine a lot of credit. There have been no PR's or any news...........
Lots of speculative fiction here. You have one side saying CMPO and $4.00 uplift in accord with bankers contractural and company stated plans, and then you have a few that say .0001 pipe dream based on their prior investment n OTC scams. Hmmm.....company performance v. day trader speculation......now....which one should you rely on? Haven't seen anything yet that scares me. Guess a few others are ....sc...ca...ca...scared.
C'mon, ........well, let me help you with this. Company said they hired a quality IR firm.......and they did.[check]. Company said it was invited to conferences to present, they were and they did. [check]. Company said they were negotiating with a premiere banker.......they were, and they retained one. [check]. Company indicated a plan to take out convertibles, acquire companies and take steps to meet uplift requirements, they are in the middle of that, and have already acquired one company, probably several more to we just haven't heard about yet. [check, and more checks to follow]. Doesn't matter if you or others, or even I do not like how they are doing that and what the companies are, thats for them and their bankers to decide. They said they have contracts with a blue chip banker, and low and behold they do, and they didn't pay any fee's for them notwithstanding any unsubstantiated opinions here.[check]. They announced they were starting a retail relationship with CVS, [check], were starting a program for doctors to get directly involved [check], said it was starting other sales initiatives and announced a half million dollar order [check].......wow, I can't name one single thing they said they would do that they didn't do....can you?
OK so lets look at that since you brought that up. What "fluffy" PR's since the R/S haven't come true yet. I see by way of disclosures and pressers that the company has done everything it said it would do. You have DD that shows otherwise. I hate to miss anything here.
The point is language. It was trading up a few cents You said dollars. There were no "dollars" pre-split. Also, would you rather the company not sue Kodiak for its fraud, and just eat the losses? The company had a responsibility to sue them and disclose that. It's still pending and no spin can refute that unless you know something we don't....do you? The research report was the first one done on the company, and seems to have been designed to focus on the underserved healthcare market dealing with opioid abuse and the costs of drug diversion in professional healthcare settings. All companies have research done. They are all paid in one form or another. I am sure the company's new bankers have a very good research division that will provide accurate market and company coverage when the time comes.
Oh, I agree with you on that, but only because the company isn't doing any pumps. I understand that they would be immediately disqualified from any uplifting attempt if they ran an "IR" campaign within 12 months of its listing application. And we all know no one is watching this stock........ yet. Will that change?.......... maybe, maybe not. No one knows for sure, but we know there are controlled conversions on a thinly traded stock, so this is to be expected. I think everyone who is a long is holding and have been here pre-split, They see the path, conversions don't help but looks like the companies continuing to follow the path the bankers want it to.
I see where you are mistaken. You have to divide all trading by 200% prior to the date the R/S took effect. It's minuscule pennies, not dollars as you said. I knew the DD wouldn't support those statements. The charts make a post- split correction making it look like it was trading dollars....it wasn't, it was trading pennies.
The reverse split happened almost 10 months ago and its still above .25 99% of R/S OTC pinks go back to sub penny within 3 months with billions more shares issued. Thats just fact. Your "opinions" aren't too far off in dealing with most OTC companies........looks way off here though. 11.7M outstanding only grew by about 1.2M shares since split and float maybe 700K, up less than 500K shares via conversions and an 8K. And thats over 10 months. So what exactly is the devastating impact to shareholders here, I don't get it. The facts and disclosures certainly don't support the doom and gloom painted here.
Well maybe a penny or two is considered a "spike" by some, but not to me. It was trading in the pennies, not dollars as was stated by you. The low float was the purpose of the R/S according to the company, so nothing new there. Also, you refer to lawsuit as "pumping"? Thats not pumping, that is a fact that can be proven. A pump would be more like someone yelling the company is going to sue....but never does. The fact is it did. So what relevancy is all of this? Who is doing the pumping? Can you point to a link that the company or anyone else "pumped". Maybe you can shed some light on this via some good DD.
Well, again, I ask you for your back up DD based on these statements. The stock was falling prior to the R/S. Its simple to read a chart, I looked at it and it was falling, not going up. So the pump theory you claim isn't supported, especially "pumped up to several dollars just before the R/S)". It remained in the pennies before the R/S. I also can't find any pump post split, but the fact that the trading float at that time was about 250K shares, explains why it popped up. In fact, I again looked over that holiday period and can't find any "pump". Could you please provide any evidence to support these statements? Am I missing something here? Could you also explain to us "how and why" you "suspect" the company was working with toxic debt holders in any promotion? I haven't heard of any IR email blasts, I can't find where they engaged any IR firm for those types of "campaigns", nor have I heard from anyone about any cold sales calls. Please explain.
Retail figured out the PnD. First, other than one person posting direct company disclosures, I see no PnD, do you? Second, retail? What a joke. Retail isn't involved in this at all. It's merely conversions and someone picking up the stock. Show us proof of PnD AND "retail figured this out". We knew about the toxic debt, and the CEO said its being converted, so whats new? Have anything new that wasn't already reviewed every single day for the last 3 months while the stock was falling? Eager to see if I missed something.
This is potentially a great company having no business trading at .04 on the OTC. However, management seems a little stuck in old school thinking. The BIG direction right now is in specialty pharmacy, concentrating on controlled substance fulfillment. CVS, Walgreen etc... are buying up as many independent specialty pharmacies they can find, because controlled substance fulfillment is getting highly regulated, and they are losing money complying with fulfillment requirements. With their revenues, they should consider taking one of their locations, stocking it with robotic computerized pharmacy fulfillment machines, and put in BIDS to fill CVS, Rite Aid, etc........ Just my 2 cents
Please point to a documented PnD for this stock. Please provide links regarding "IR" services, newsletter, direct email or other information that conclusively demonstrates a PnD in the last 9-12 months. I already know you won't find one in the last year, but you can try. If your DD is THAT good, please have at it. Please don't confuse shareholder enthusiasm for PnD. Those "allegations" are specific and generically a bad thing with a very negative connotation. All I have seen for weeks is negative speculation. Just because things aren't as transparent as they once were (feeding the fires of negative speculation) doesn't mean that this company isn't making the progress its bankers and actual shareholders want to see, no matter how hard someone tries to paint a negative picture. We all hate the stock price, but the company is following a long term plan developed by its bankers, not its traders. GLTUA.
Phase 1 is designed to retire all the debt against RXSF and to Provide operating capital into the fall. i understand that number is now $1.5m instead of $1.0m. This will also clean up the companies books while it is acquiring other companies to grow the revenue base and EBITDA through acquisition. Wellington Shields & Co have made more than $15m in cash available to RXSF to complete acquisitions. That's phase 2. Once both those phases are completed, expect the company to quickly move to NASDAQ and leave all the Bashers behind. I put my money on a 100 year old banking firm than I do a few paid and greedy Bashers who claim the company does everything wrong, yet they keep accumulating stock.
Lol. 15 years? Tremendous ballz.
He couches his bashing by referring to any potential ambiguity in filings. I bet you he has cost conspired and shareholders millions of dollars.
Word is starting to get to the other boards posters who Toxic Avenger is. We all know he is Kezzek, the only one on IHUB who was allowed to change his moniker. hundreds of PM's have been sent out posting Kezzeks background. Only way to fight BS is to take it right to the other boards posters. And that means all the boards he has taken over. We now have at least 10 RXSF longs doing just that. They can't regulate PM's. Lol. He follows Cheeky around and then tried to discredit him by taking over message boards and censuring posts. He may think he is untouchable, but he picked a fight with the wrong shareholder base.
As long as all posters at other boards know TA is KEZZEK, and then does some DD on him, they will see he is nothin more than a bash shill for someone, maybe eve IHUB. How do you explain a person who admits they don't own shares, spending hours a day on IHUB bashing numerous stocks. Obvious. He knows we are on to him, but he is still getting paid. he seems to follow you around a lot.
Sorry TA. We are not entitled. How many times do I need to explain this to you. The existence of the agreements were disclosed in the company Q and the nature of the services they are providing including the exclusive investment banker for the company. Unless the company paid them or guaranteed them payment, then the disclosure meets the SEC requirements. I am sure the companies and WS SEC counsel signed off on that disclosure. Being good enough for you and others is irrelevant. And this is nothing more than trying to create controversy where one doesn't exist legally or otherwise. Why can't you wait for the 8k once it's closed and completed. seems awfully strange you demanding this information and implying the company is not being forthright because that's exactly what you are doing. Go ahead. Hit D. Everyone already knows the facts and the truth.
LOL, its killing TA and PPP that they can't see terms yet. They keep harping on the 8K. Guess Wellington Shields & Co, both sets of SEC Attorney's as well as management aren't as smart as TA and PPP. Bunch of low life's. Its all a contrived story to make us doubt things. Yea, we can wait for the 8K. Thats all the matters right now. Those posters haven't proven a single thing, and yet, the company's disclosed have proven everything. The RXSF board is slowly being called the Island of Misfit Toys, LOL. Its around IHUB. Lots of traders going there to learn how bashing is done and the harm its designed to intentionally inflict.
New RXSF Tweet - seems like everything is going according to plans between RXSF and Wellington Shields & Co. All of their public offerings are underwritten by them. All of them! Get that crow out, time to stuff face!
The bashers over at the RXSF board are baffoons. I agree with Vedderman, its so obvious what they have been doing and what they are trying to do. They latch onto and amplify any point of negativity they can find, or create, like the 8K issue. Its been explained yet they keep saying where is the 8K. Its not coming because the company is not required to file one. The company disclosed the contracts with WS in the Q, and the Q is a disclosure document. The 8K's are used when information occurs between Q's. It requires the company to report a material event ....not whats material to traders, but whats material to the SEC, and they are not the same. The agreements were disclosed in the Q, and the deal terms will probably be disclosed after the deals are closed. Period. The company, nor the SEC wants us trading n that information. They are looking for a leg up, nothing more. If that happens when the next Q is due, it will be in the Q. If not, it should be reported in the 8K. They use "putting the cart before the horse" to justify their statements. In other words, no 8K - then no deal or bad news. Its just the opposite. This is what happens when you have traders who think they are smarter than everyone else in the room, using situational arguments based solely on speculation as if they are fact. The only facts anyone should rely on are found in the regulatory filings. Nothing more or less.
They are the sleaziest of the sleeze. Brain Freeze explains a lot. There is no need to defend this company at that board. Its been hijacked, like liberals hijacking Trump rally.
That's BS. Restructuring is used to raise more capital or for acquisitions as well.