You and I both know that he can regain his 'prestige' with one tweet. Be patient.

FACT: GS is putting OTC crooks away, one by one.

LIKELY: When he's done, he'll release his own tickers within an OTC that actually functions.

REALITY: OTC has always been a den for thieves. GS is cleaning house. It won't be pretty. It may take some effort but in the end, it will be worth it.

If you can't see what's happening, you may repeat your screw up with TSNP, once again.

GS is cleaning house at the OTC just as Israel has been getting rid of known terrorist leaders in the Middle East. The expected outcome will be similar for both, a new world order. When he's done, we could very well see an OTC that actually functions the way it was originally intended by attracting valid investments, while rejecting the notorious crooks. Imagine that!!

Personally it was not what I expected from GS, but frankly the GVSI incident must have felt like the Oct 7 massacre to him. I don't think we can appreciate his ire nor to what extent he plans to go with this efforts. One thing for sure is that he is raising the bar for future OTC companies including his own. If he succeeds in changing the negative perception of the OTC to a positive one and positions his own tickers as initial examples, then it will all have been well worth the wait.

So far his progress has been notably stellar. What remains to be seen is how much further does he plan to go before calling a 'peace treaty'. My personal guess is sooner than later... (i.e. 2024)

JMHO

It's not illegal, bozo. LMAO!

Not what I said. Read it a few times. Maybe, just maybe it will sink in. Hint: Read the entire sentence, not just the excerpt you want to bash.

Dude, I just Googled it. Nothing more. It's not than complicated. You can do it too, if you try. ...but first, get off your soap box because no one is reading your posts, including me. They are too long and full of hate.

Time for your meds, I see.

I found it in an excerpt explaining SEC laws. What it says would apply to FORW and SRNW. Sorry for any confusion. It was unintentional.

This might help answer your question...

I didn't go much deeper into this issue but assume that the decision to extend the period can be done internally with no need to refile. However, if the warrant is allowed to expire or the striking price modified, then reissuing a new one would require an S-1/A registration.

My guess is that GS will extend the period 30 days prior, if necessary.

Some thoughts... If you've been reading headlines lately, you know that Israel is determined to eliminate/permanently neutralize both Hamas and Hezbolah. They are getting rid of all their key leaders and changing the landscape for good.

...on the other side of the world... our super pro Israeli, GS seems to have adopted the same blue print with the OTC.

If I'm right, then all of GS's tickers will be leading the charge within a new OTC that will attract more and better investors.

Wrong, again! Cut&Paste I-Glow!

Many of us were there. We know what happened. You on the other hand live in 'hate GS land no matter what' where anything goes as long as it makes you feel ever slightly more vindicated from your TSNP screw up in 2021.

We already know what happened. Your tweet from Nov 2021 has already been posted here for all to see.

No need to remind us... but, thank you!

Warrants are like options. One pays to have the option to purchase shares at a fixed price within a specified period. In this case FORW paid SRNW $400,000 cash to SRNW in exchange for the two warrants. I'm guessing the $400,000 came from the $2m GS received from HMBL's warrant settlement.

SRNW used the cash to pay down its debt, which frankly were fees for GS's consulting etc. plus accounting fees etc.

Theoretically the warrants issued to FORW that expire at the end of this year could become worthless, if the merger doesn't happen or GS chooses not to renew or extend them. My point being that he doesn't have to 'return them' as you indicated. If the merger doesn't happen in 2024 or is delayed for some reason, I would expect GS to extend the warrants or cancel these and reissue new ones with a modified striking price.

It doesn't cost him anything to do so and would buy him more time, if he needs it.

I agree. It's currently trading below fair value of $0.014.

The only way SRNW could have been 'sold' prior to a merger announcement (and DrugDoc is right about this...) is through a handshake among friends. There is, however, something to be said about timing a merger based on market conditions. You could be right in saying that the deal is done but the timing remains an issue. Perhaps they are waiting for the US elections to be determined first or for more evidence of money rotating out of high tech into mid and small caps.

I personally tend to lean on the latter. I believe we'll see some market corrections in October, which will result in significant portfolio readjustments. Profits from large caps should move into mid and small caps as interested rates continue to drop.

JMHO

Wrong again! Well, at least you're consistent.

Interesting observation. Basically, if your third point is true, which is very likely, then, yes, the August '23 deal may still be on the table. You are, of course, assuming that 'doing nothing' is actually 'doing something'.

GS has stated repeatedly that he plans on retiring and merging assets to all of his tickers. However, history has shined light on some key details. For example, GVSI has been pushed to 2025 and beyond due to the March debacle. So don't expect anything there to happen for some time. WNFT is a toss up and more likely will be extended like GVSI. That leaves SRNW and FORW as the likely contenders with SRNW potentially leading the charge and FORW holding some of its warrants.

However... we still don't know the outcome of the FORW's 5 agreement drafts that were pending approval. That deal could also be the first one out of the gate prior to year end.

Shell's are like real estate property. Once sold, the new owner can do what they please. ...and prior to selling the seller can make any last minute changes to sweeten the deal for a proper close. In the meantime, the warrants and share assignments are only as good as the current deal backing it.

They can be changed at will.

JMHO

Wrong again and as usual taking stuff out of context to meet your angsty needs. Did it ever occur to you that no matter how much GS bashing you do, you'll never get back the millions you watched pass you by with HMBL.

Painful, I'm sure but certainly not worth wasting your life over.

Warrants can be reinstated, removed, and modified easily. When GS is ready, he'll do what he's done before, reinstate and readjust the warrants. He's not a soothsayer. When he issued the warrants and their corresponding striking prices, he thought that the market and his deal were ready to go. Stuff happens... When he's ready, he'll fix it.

You like to get your noodle all tangled up over nothing.

What difference does it make? You're so petty and myopic with your posts. Rather than offer meaningful insights, you're simply looking to nit pick on nonsense such as who executes vs who overseas... Who cares? The issue is about name changing frequency. It's inherently limited because of the number of steps involved, expenses, and monitoring.

Back to my original point...
No, I don't believe GS will change GVSI's or WNFT's names when he already has SRNW in play.

FINRA is overseen by the Securities and Exchange Commission (SEC)... So what is your point? As usual, spewing nonsense...

Actually that's an interesting question. GS took the trouble and expense to change the names of both GVSI and WNFT with the hopes of attracting a suitor. He might have also had a comprehensive strategy of attracting multiple companies, since he opted for the term, 'Global'/'World-Wide' in their respective names.

When he changed the tickers back then, crypto, blockchain, and NFT's were all super hot topics. Today they have cooled off considerably. In retrospect the preempted name changes may not have worked out quite as he had planned, which brings me to believe that with SRNW, GS may feel that the name change was both limiting and unnecessary, ...and as a result will choose to let the merging candidate make their own changes.

JMHO

That may be true but GS already has another ticker ready to go that hasn't had a name change... SRNW. I would guess that the SEC would frown on someone changing their name like they change their underwear. There's likely a limit or limited time period.

Not what I said. Read it again and again. Maybe just maybe it might sink in, but I doubt it.

You're assuming that a 'decision' is a final outcome. Based on the numerous delays over a legal technicality that has little to do with the actual case,

I'm more inclined to believe that 'the decision' GS refers to and that remains pending will only trigger more wrangling over some other technicality and result in kicking the 'legal can' down the familiar road for another year.

All in all, the outcome in the next 60 days is immaterial based on the uncertain future for NFT's. Let's not forget that WNFT was created to merge with an NFT company that by now would have been growing gangbusters. That never happened and may not for another few years, in my opinion. The widely adoptable use cases for NFT still remain illusive and untested. Like VOIP and USB, NFT will just need more time and money.

There is the unlikely possibility (I mentioned this conspiracy theory months ago), that while WNFT reverted back to the expert markets for a few months earlier this year, GS or members of his team may have used the opportunity to buy up millions of shares for fractions of a penny. If he did, then it's possible that GS plans to give Callesse his rightful shares in exchange for a full release. Of course, we would never learn of these closed door dealings, but the thought did occur to me. If true, GS would stage it that he forced Callesse's hand and won the legal battle in the end.

What he does with the WNFT shell is anyone's guess. He could have some startups on the sidelines ready to sign up, similar to what he was trying to do with GVSI in March, ...or he may change the name again to accommodate a different company. Personally I would guess the former, since he already has SRNW ready and able.

It's just a conspiracy theory based on the inexplicable move to the Expert Markets and back. The excuse to save $40k per year in accounting updates felt like a cover when the company was reinstated only months later. During the EM period we do know that the pps dropped significantly and that someone picked up some very cheap shares. It could have been a savvy MM or GS himself. Who knows?

JMHO

Sheesh! You don't give up on bashing GS. You know when he's ready he'll just reinstate the warrants accordingly. Pretty obvious...

GVSI needs the most fixing of the pack. Maybe some day, GS will get around to it but why spend time and money on it when he has SRNW and FORW ready to go?

WNFT is a total crap shot. I expect it to continue in the courts for years to come. No one on the NVSC wants to make a final decision on it. That's been too obvious so far.

I hope you use a lot of cut & paste, because the time to type up your posts is time wasted, ...and I mean a lot of time.

Not so smart, after all!

LOL!

Spoken like a true BSer. We all have seen your 'SELL TSNP SHARES" when it was at $0.08 and just before it shot up to $1.93. Sure, you never lost any money, but what you did lose were the millions you failed to profit due to a bad call.

You also lost your life because since that day you haven't been able to live with yourself. Now, that's an even bigger loss than all of us put together...

Not so smart, afterall!

Are you talking about bitcoin? Yea, we already know that.

I did already for those that follow my posts.

SRNW's OS is 50m
FORW's OS is 500m

FORW owns SRNW warrants plus has a history of owning other warrants from the other GS tickers.

You do the rest...

Spoken like someone who has one heck of an axe to grind. You had one bad call in Nov of '21 (selling out of HMBL too early), and now you seek compensation by bashing GS 24/7 to others you don't even know or care about you.

Truly sad...

Undervalued! Fair value is $0.013.

The driving factor for GS will be increased interest/liquidity in the OTC. That could happen at anytime now that rates are officially expected to drop. That said, I expect bonds to rise followed by a correction in the equity markets. Under this scenario, profits will flow from equities to bonds. However, some of that cash will make its way to small caps and ultimately the OTC. FYI: OTC doesn't need much to get super recharged again.

What could go wrong is that equity markets continue to rise while interest rates drop. It happened unexpectedly with the introduction of Gen AI but has less of a chance of repeating itself, in my opinion.

The elections are more important for the mega merger deals. I don't see them hampering a GS size-deal.

JMHO

My focus is on SRNW. It's ripe and ready for a merger. Volume has been increasing significantly. Once this one pops, the others will follow. The bargain of the lot is FORW. It still holds SRNW warrants. It should be trading at 10% of SRNW or $0.013, if you compare their MC's, i.e. 50m for SNRW vs 500m for FORW.

The half point cut should trigger the expected rotation from large caps to mid and small cap companies. Powell's testimony today seemed overall positive. He re-enforced the soft-landing scenario, which Wall Street has been predicting, i.e. strong labor, stable prices.

The elephant in the room is the election result. A lot of large deals seem to be on hold until after Nov 5. If it remains a close race, then there's the potential Trump 'sore loser syndrome' to watch for too.

For now, I'd keep an eye on the OTC's increased interest and liquidity in the weeks ahead. OTC has been too quiet for too long. I believe SRNW or FORW or both are all wrapped up deals that are simply waiting for a final green light. Today's half point move could be the tipping point GS has been waiting for.

JMHO

SRNW volume is 143k! Something seems to be brewing there..., which means FORW may be undervalued at these levels. It's time to buy!

I watched the remaining videos. It confirms pretty much what I stated earlier with some additional intel.

First, Rosen is very likely suffering from ADHD and his attorney did what he could to keep him focused. GS's attorney in turn knew this about Rosen and slowly and meticulously raked Rosen through the coals mercilessly. It felt like a form of medieval torture.

Despite anything Rosen could say, GS's attorney kept asking the same question, "Where does it say that GS purchased 50m warrants of HMBL for $5k?" Once Rosen saw that his claim was baseless, he lost it and chose to cancel the deposition. It was an emotional move that may cost him dearly, going forward.

After watching all six videos...
It became clear to me what GS and his attorney were doing. They knew ahead of time that they would be taping the deposition and eventually posting them on twitter, hence, every question and every laboriously repeated question was deliberately orchestrated to let Rosen look like a 'clown' on his own terms. They basically let Rosen hang himself in front of his followers. ...and quite frankly, it worked. Rosen not only looked like a fool but he shared very personal info and past delinquencies. The level of embarrassment from admitting his past faults was bad enough but absolutely escalated beyond recognition once he knew that the videos were available unvarnished on YouTube/X for his followers and public to watch for generations to come! Ouch!

Rosen must be absolutely beside himself right now! ...and will only go bonkers when he sits down to settle with GS. If you recall how GS handled Callesse, I would expect a similar situation, i.e. "here's my deal for today. If you don't take it, tomorrows will be half as much, and so forth." ...and since GS's intent is to make Rosen a poster child for his other enemies to see, you can be quite certain that GS will not make life easy for Rosen for a very long time.

Some may see all of GS's efforts as just personal revenge, which I'm sure some of it maybe true, however, I'm of the belief that GS is simply being business prudent. Prior to closing any deals with his tickers, he wants to be absolutely certain that any one even thinking of orchestrating a 'coordinated attack' or similar on his tickers, ...that they should think again or otherwise face lifelong consequences.

If I were one of his partners or investors, I'd certainly be looking for these assurances before moving forward.

All that said...
Does GS have deals lined up or not for this Fall? I'd be inclined to say, yes. Regardless, ...one thing is for sure... GS knows very well that all it takes is one tweet to send all of his tickers north. He's not going to waste that opportunity unless he's 150% certain it will stick.

JMHO

Some companies wait longer. Others back out at the last minute due to unfavorable market conditions. It's a little like surfing. You have to time it right to catch a wave. ...just paddling won't cut it.

Oh, wait! Doesn't your ID name suggest that you know something about surfing? Obviously you have no clue!

September still has a few weeks left for GS to offer a meaningful update. I'm guessing now that he's focused on posting the remaining videos then he'll be looking to assess what real impact it will have on Rosen and any other of his many enemies should he (GS) choose to move forward with his tickers.

If Rosen is decimated, humiliated, and essentially discredited beyond recourse then the coast will be clear for GS, in my opinion. Until he reveals the last three videos, we can only speculate.

JMHO

You raise a couple of good points. Thx. Personally, I'm not too worried about the warrants expiration date. If you recall, GS issued WNFT warrants to FORW at around thirty cents but later retracted them, when the pps was well below that threshold. His actions then gave the sense that he has no issues retracting warrants as he might reinstating them based on new pre-merger information. That said, I would not be surprised if he extends them for another year rather than let them expire worthless or just reissues a new batch when the time is right. For now, FORW and SRNW's relationship is all subject to his discretion as he sees fit. Until something of significance happens, he can freely move the goal posts without consequence.

As for the elections...
Yes, it would be nice to close a deal prior to avoid any potential regulatory uncertainties, however, with the latest spin involving Biden's exit and K Harris's entry, the level of uncertainty has increased on a macro level, ...not because of the change as so much as Trump's increased likelihood of not accepting the results, if they are not in his favor. K Harris would, in my humble opinion, have to win convincingly, otherwise we may be in for a lot of social and economic turmoil in 2025.

In the same way that K Harris has to win convincingly, GS has to introduce a merger that has a high chance of moving out of the OTC and into a major market, i.e. Nasdaq. Currently the OTC is experiencing a liquidity issue. Some of it could be resolved from the redistribution of high tech profits, while another part could benefit from a mega GS merger. If orchestrated right, GS could single-handedly spark a surge in OTC interest, if he succeeds in attracting an asset-rich and profit making company. My initial guess would be a private O&G international company that may be looking to benefit from Biden's climate change programs.

The question remains, does GS have a team working in the behind the scene to pull a deal together?

I initially felt that he did after the GVSI debacle, which suggested a potential Israeli partnership. In the meantime, we know that GS is cleaning house with his Rosen case. Although it may seem trivial to some, it's vital that he neutralizes his enemies before making any major moves with his tickers. Rosen's 'coordinated attack' with GVSI was very damaging to him and others in March. There's no doubt in my mind that with this court case charade, GS has more planned than just achieving personal revenge.

JMHO

I listened to all three of GS's Rosen videos. GS's lawyer was excruciatingly detailed with his questioning. At times I wasn't sure if he was fact finding or just looking to trigger Rosen. Either way he succeeded in dressing him down and partially revealing Rosen's 'true identify'. Rosen is undoubtedly a wolf in sheep's clothing, in my humble opinion. There were moments when his grin gave him away, if you know what I mean.

The third video started to get into the purpose of the case but stopped short of anything conclusive. We'll have to wait and see what the remaining videos reveal.

I believe GS and his attorney are not necessarily looking to resolve this case, any time soon. ...at least as indicated by the huge number of pages of complaints that will have to be addressed and the additions to follow. This case is going to become a growing thorn on Rosen's backside.

My guess is that GS's strategy is to keep Rosen strung up in humiliating proceedings for as long as possible, ...and in the eventual time when it goes to trial, which I honestly doubt it ever will, because they will most likely settle prior, GS will drag Rosen's a$$ through and through until Rosen just can't take it any longer or Rosen's attorney pushes for an early settlement to avoid further damages.

Either way Rosen loses. If he settles, you can bet GS will require cash and a promise never to meddle with his tickers again. GS may even request that his X account be closed permanently or even have him barred from the OTC. ...otherwise, if Rosen disagrees, GS will simply prolong the deposition.

Having Rosen hung by his gonads for all to see may be sufficient ammo for GS and his partners to return to his tickers with confidence. I believe it's probably one of three obstacles he's currently facing. The other two include interest rate cuts, which are imminent this month and the extent tech profits actually work their way back into the OTC. All in all I'd say with reasonable confidence that all three could align in the next couple of months.

JMHO