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22 minutes later. Ask gets slapped.
I must have missed it when they proved they have done anything other than talk. Did I miss a certified audit?
So has the whole float been traded today? Float is 1.09bln?
How are you coming up with a $3.7 billion dollar market cap?!?!
NASDAQ??!! They aren’t even on OTCQB yet! And guess what? They need an audit to do that!
https://www.otcmarkets.com/files/OTCQB_Standards.pdf
You could list hundreds of companies that went public that didn’t have to. Primary reason they do is for expanding or adding additional business ventures. Or as you stated, to raise capital.
Got any proof? Spotify called him a fraud and a scam. But then won the lawsuit against Spotify. If he is a scam then why did he win?
So they are increasing the AS to gain 10m preferred, then RS, keep the 10m preferred, then put the AS back to where it was? So they get voting power and hose the commons.
3. To approve the amendment of the Articles of Incorporation to increase the total number of authorized shares of Sysorex’s capital stock from 510,000,000 shares, par value $0.00001 per share, to 3,010,000,000 shares, of which 3,000,000,000 shares will be designated as common stock and 10,000,000 shares will be designated as preferred stock;
4. To approve the amendment of the Articles of Incorporation to effect a reverse stock split of Sysorex’s outstanding shares of common stock, par value $0.00001 per share, at a ratio of no less than 1-for-500 and no more than 1-for-1,000, with such ratio to be determined at the sole discretion of the Board of Directors, with any fractional shares being rounded up to the next higher whole share (the “Reverse Stock Split”);
5. To approve the amendment of the Articles of Incorporation, which approval is contingent upon shareholder approval of and the occurrence of the Reverse Stock Split, to decrease the total number of authorized shares of Sysorex’s capital stock from 3,010,000,000, par value $0.00001 per share (assuming that Proposal 3 is approved by stockholders and implemented), to 510,000,000 shares, of which 500,000,000 shares will be designated as common stock and 10,000,000 shares will be designated as preferred stock (the “Decrease in Authorized Shares”);
Company recently went into the lithium and grapheme industry acquiring a 50,000 sqm (or 538,196 SQ FT)
How much do you really expect to extract out of land the size of an Amazon warehouse?
Bennys version of great news is different than our version of great news. Our version is actually great, and MOVES the share price UP, and STAYS UP! I fully expect a nothing burger for May, June, July all the way until they PROVE they are what they say are with an audit. Then it will be sink or swim. IMHO.
What about the rest of the long shadows? No other long shadows are there? The long shadows you are referring to are from the 3 flags on the post behind the signs. If the sun was that low you would see shadows of the fence, shadows from the yellow posts to his left and shadows from the other signs. Note the shadow location of the rope hanging on the yellow posts.
Google maps, Beverly Hills hotels El Salvador
I didn’t sell any assets to buy. But Benny is getting really irritating. Management seems to just be throwing news at the wall to see if it sticks, nothing does, nothing will until something is proven. But keeps reassuring that great news is coming and it ends up being fluff news, rumors and pictures that may or may not be real. And the price targets with no date or timeframe other than sooner than later, but when it’s for months on end, that is not sooner. IMHO
I rarely post on Ihub and I’m here every day, but listening to Benny makes me want to sell rather than buy more.
Benny, I sold all my assets to buy as much AABB as I could. Now your telling me I have to wait 1.5+ years until an audit!!?? An audit that is necessary to prove what AABB management claims they have is real!!?? The only thing that will honestly make or break the share price?! IMHO
GFY crook!
2 reverse splits in the last 2 years, 1:1,000 and 1:10,000. Yikes! Not to mention the other 6 since 2006. GLTA if your in this pig.
Bid at 322m at 8, ask at 55m at 9, bid sitters could blow this thing up if they just slapped the ask!
No pumpers? No bashers? Volume well over 200 million last 4 out of 6 trading days? Something is coming IMO.
Maybe this will turn into the next RIO#. Which I foolishly sold under a dollar for a small gain some time ago.
Period ending June 30th, says that right on the first page. Not sure why some think a settlement in July would be disclosed.
No settlement will be disclosed in any fins when the quarters end June 30th. As allinfun stated they may not be until 3rd quarter. If no amount has been paid out in the second quarter timeframe.
How is that going to happen at 33 cents a share? Hasn't been able to sustain a pps over 50 cents. Needs to stay above $1
I was ready to panic sell cause this smells like dilution will be on its way. But when insiders and executives hold 50% of commons, think I'll hold. IMO
I think SilverBack is referring to all the short term notes in last 10q. So yeah, look for dilution well into the new year, channeling at its current price, 2 billion shares added sounds about right.
I can only imagine the confusion some may have with your statement if not from Wisconsin or been to Wisconsin to have a beer. LMFAO.
It will be a merger with HVCW, since he's CEO of both LOL. Why not try the Matt Dwyer scam?
came across this as well, hope the link works
https://caselaw.findlaw.com/ga-court-of-appeals/1531686.html
I think there would have been 50 mil if John got current, merger with ticker change. But instead we got a dumpster fire headed to no bid.
If anything it gets put on people's radar. Wouldn't want to try to chase this one though.
Buy now or regret. Buyout or settlement looming in the air could drastically change pps overnight. Been holding a small amount of shares over a year now, wish I had kept them all. IMO
$UOIP$
Each share of Series C Preferred Stock is convertible into 250 shares of Company Common Stock (the same conversion rate utilized in the exchange transaction), but is only convertible on the first to occur of the following events:
(i)The Volume Weighted Average Price (“VWAP”) of the Company’s Common Stock during any then consecutive trading days is at least $2.00 per share; or
(ii)June 30, 2019.
Excellent news out!!!
At the time of the exchange, the Company had 231,749,200 shares of Company Common Stock issued and outstanding and following the exchange the Company had 83,007,669 shares of Company Common Stock issued and outstanding.
Am I blind? I so no reference to this stock in the link.
Waiting to buy in until a juicy pr would be chasing. Point of following t53 trades is to get in before that. I too am sick of the soons, fluff pr and pumping.
I started to chase the run up a few months ago when it went over .002. Now I'm stuck with an average of .0011. Money is tight for me now and can't stick anything in it to average down more.
I think the mm's do this to tease retail investors. Could mean something or nothing. Lots of 100 trades today though.
Is plutusx obligated to tell us anything?
Can't find any info on Metrowork who just purchased over 15m shares from these fraudsters.
www.ssm.com.my/en/press-release/former-director-island-red-café-franchise-sdn-bhd-jailed-defrauding-investors
LAM was issued 74,146,000 shares already. If everything goes according to plan and LAM can start dumping until it's over a penny, these are the only shares they will need. .013 pps will give LAM all the money they need.
Johnny B can get this current any time now and push this over a penny so LAM can do no dilution damage by needing more shares if they dump at these levels.
IMHO..
GO ADTM
If Jan started selling that would cause investors to panic and sell. Most investors would not no why he would sell, or care. Holding that many shares also shows confidence in the company.
The increase in a/s is of little concern when the company is growing, and the growth will be accelerating. The a/s increase is for note holder confidence.
All IMHO.
There will be no merger, just like no merger with EXAD. Look at those filings and pr's for that ticker, look familiar?
Half the posters here have been misleading nearly every day for over a month. Every day it is "today is the day", "soon". Even a few posts saying "LAM is done", "dilution done", "we are now debt free". ect...ect...It's getting ridiculous.
It would put the stock price at .25, but it might open much lower than that as holders race to the exit. I'd be surprised if it holds a penny after day one. IMO.
I sold long ago, but kept this on my watch list to see if this sad story turned around.
Almost 50mil T trade buy at 305? What's that about?