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Good question. What is also puzzling is this is trading at less than half a cent. Why has the company gone dark & stopped filing with the SEC?
I sent an e-mail this morning to the transfer agent to verify if the share structure remains the same at 1.67M O/S. I'll post it on the board as soon as I hear back from them. Enjoy your weekend!!!
$RYSMF
I'm wondering if there is a possibility of a reverse merger with Ridgeway. Your thoughts?
$NSPX
It appears the float is locked up. Any decent amount of buying pressure & we'll see new highs soon. A couple of weeks ago we hit .06 easily with little buying pressure. Like I've stated before, all it takes is one decent size trading group to come in here & run this to dollars. Any merger news before hand & forget about it. LOL
$RYSMF
The Farm Bill which includes legalization of Industrial Hemp is possibly passing through Congress next week. Maybe, the CEO should look at the possibility of a three-way merger. Merge a US based CBD/HEMP company with a Canadian Marijuana company into RYSMF. Once merger is completed they apply with FINRA for name & symbol change along with application to the NYSE/NASDAQ exchange. Best case scenario but would make anyone holding decent amount of shares here millionaires. $$$$$$$
$RYSMF
Perfect analogy. Waiting patiently for the fireworks to go off when merger is officially announced.
Im going to take these .025s now.
$RYSMF
I grabbed another 10K shares at .039. I had a bid in for 40K shares at .027 & raised it to .032. Not a single share filled. Folks are gonna have to slap the ask to get decent amount of shares.
$RYSMF
I have 40K on the bid now. Hoping for some more traders who have to pay bills. Lol
$RYSMF
Nice stash you picked up EB.
$RYSMF
My 20K bid from this morning filled at .04 this afternoon. Now holding 150K shares & still plan on accumulating more shares. I would like 200K shares before this really takes off.
$RYSMF
The under cutting of the ask is due to the spread being to far apart & minimum shares available. It moves up like 70% with very little buying pressure which causes the big spread. Once the bids start creeping up with the buying pressure it will tighten the spreads & you won't have as much undercutting of the ask. GLTU
BTW - I would love it if the merger company is tied in any way with TLRY. $$$$$$$$$
$RYSMF
I'm holding out too & still accumulating shares pennies on the dollar. I believe this stock is going to shock & awe some peeps. To much potential of a mega merger announcement with this tiny microscopic share structure.
Merger news of Canadian Cannabis Company would send this over $1 quicker than the fast & furious with this microscopic locked share structure.
$RYSMF
Tomorrow could be the last day to buy shares under a nickel. I don't believe there will be many for sale below a nickel. I plan on adding to my position before this really takes off. I will buy anything under .10 while funds are available.
$RYSMF
The 20F filed in August was for the period ending on 31 Jan 2018. The share structure reported on the filing was dated 31 Jan 2018 before the R/S occurred. GLTU
Correct GW. The majority shareholders will be the Insiders from the private company merging into RYSMF & those shares will be restricted. Once merger is completed we can also expect a name & ticker symbol change reflecting the private company name & business model. Depending on the size & profitability of the company we could also see an uplisting to a major U.S. exchange (NYSE, NASDAQ). At the very least, an upgrade on OTC Markets to OTCQB or OTCQX. Exciting times ahead!!!
Company just needs to release some good news & this can fly easily. Their past PRs are usually at the beginning of the new year. Now, is a good time to accumulate shares at these low prices especially since their is some controlled dilution taking place. Doesn't appear they want to take this below .01 unless retail tax loss selling occurs. I'm sure they want to keep their OTCQB status. GLTU
$CBBT
This is way under the radar at the moment but getting some attention since it has been on the breakout boards the past few days. Just takes one decent size trading group to take this to .10+ easily without any news.
$RYSMF
I've seen their DD & done mine as well which is why I own shares & continue to add when I can. Current market cap at PPS .0325 is only $54K. Even a clean empty shell is worth much more than our current market cap. Once, R/M is announced it will be of epic proportions especially if it is a Cannabis company. Farm Bill is about to pass with the legalization of HEMP. It will bring on a mania of new investors in the Cannabis space. GLTU
$RYSMF
You're 100% correct if the R/M is with a Canadian Cannabis Company. That would give the new company a Market Cap of $16.7M at $10 PPS. Now, if the private company is a larger cannabis company you could see a Market Cap of $100M+. You do the math of what the PPS could become. : )
Key Factors:
1. When will the R/M take place? If no merger takes place then the company remains an empty shell.
2. Who is the private company who wants to go public? Is it a Cannabis company, Bio Tech company, Oil company, Mining company, etc... If a cannabis company shareholders as of today will make some serious life changing money. GLTA
Don't be naïve. They are being paid in cash with stock compensation.
$FUSZ
Nope, I wouldn't buy any shares until you see any of the Insiders purchase shares on the open market. Not acquiring shares but actually purchasing shares. You'll know when they file a Form 4 stating they purchased shares. If Insiders aren't buying shares at $.17 then why should you? If this was undervalued at $3 according to Rory then why haven't any Insiders been buying shares at these pathetic discounted levels? I guess they really aren't undervalued now are they?
Last one out shut out the lights. If the PPS hits .10 then a 40 to 1 R/S will take the PPS to $4. It will not maintain $4 after the split while trading on the OTC. This has no chance of uplisting to NASDAQ. Better off uplisting to the NYSE if revenues are ever realized. Kids have been in school for just about 3 months now & we haven't heard a peep about any users of NotifiEDU besides that one principle in NY. Nothing about NotifiMED. Nothing about those supposedly 20K plus MLM subscribers. No subscribers since integrating with ORACLE & MARKETO which was suppose to be game/life changers. All we hear about is Rory bedwetting daily about IHUB message boards posters. Another Rory pep talk caused another 30%+ drop.
$FUSZ - Headed to 52-week lows especially with tax loss selling fast approaching.
The major brokerage firms all let you buy OTC stocks. Atleast, you're smart enough to change brokerage firms. GLTU
$FUSZ
We shall see CG03. Retail doesn't short .25 stock. Jeez - I'll just go skip rope & eat ice cream & keep my blinders on. GLTU
BTW - I don't mind paying a higher price once the company shows results. Better than buying a falling knife & decapitating yourself.
$FUSZ
I can envision it & have been a huge supporter of this company & its technology. It has been a huge letdown so far. I won't buy another share until I see the company progress. Time for Rory to execute & stop making excuses!!!! He's the damn bedwetter!!!
I was imagining the same thing when they integrated with ORACLE which has millions of clients. NADA according to the 10Q. Maybe, they sold a few FUSZ coffee mugs from I Hangout supporters.
In all honesty, I wish everyone the best here. I hope FUSZ succeeds because I do see huge potential with their interactive videos. Hopefully, it will adopt & cause a huge snowball effect world-wide. There are a lot of good folks on this board who deserve some happy times for putting their hard earned money into this company. GLTA
$FUSZ
Thank god Chucky isn't my broker. Imagine holding that many shares from .07 & not selling a single share all the way to $3.04. You have to give Rory some credit for that. LOL
$FUSZ
The A/S is almost maxed out & the war chest of cash is down to $379K. These are other reasons for a R/S besides uplisting.
$FUSZ
Why won't Rory release subscription numbers? What does he have to hide? You don't have any leverage when your company PPS is a whopping $.26.
$FUSZ
Bill, let's not forget we are approaching tax loss selling season. FUSZ is on top of Santa's list. GLTU
$FUSZ
I still have my Hawaiian shirt hanging in the closet. Been on this diet for months now & can see my ribs. Definitely could use some ice cream. To weak to jump rope anymore. Looking forward to Bohn's review. Hot stuff!!! $10K in revenues for 3rd Qtr & $26K YTD has given me anxiety especially since we were undervalued at $3 & revenues from ORACLE alone would bring the PPS to $7. Decided to drink heavy to relieve the anxiety which didn't help when R/S was announced when we were suppose to grow PPS organically during this transformational period. Besides that, everything is gravy since we are going to the NASDAQ someday.
$FUSZ
I agree 100% with your statement. How is FUSZ going to get $15M in cash to pay SC to merge with them? They will also have to issue SC $10M in stock. They only had around $400K in cash remaining on the books & the A/S has only 20M shares left to issue.
Consideration
On the terms and subject to the conditions set forth in the Merger Agreement, at the effective time of the Merger (the “Effective Time”), each share of Sound Concepts’ capital stock issued and outstanding immediately prior to the Effective Time (the “Sound Concepts Capital Stock”) will be cancelled and converted into the right to receive a proportionate share of $25,000,000 of value (the “Closing Merger Consideration”), to be payable through a combination of a cash payment by us of $15,000,000 (the “Acquisition Cash Payment”) and the issuance of shares of our common stock (the “Common Stock”) with a fair market value of $10,000,000 (the “Acquisition Stock”). The Closing Merger Consideration is not subject to any closing working capital adjustment or post-closing working capital adjustment.
Bingo!!! Wait for adoption/subscription rates to actually transpire. As of now, they are practically obsolete. GLTU Team Jesus.
P.S. - My Hawaii shirt is still hanging up in my closet collecting dust & I gave up on my diet. : (
Clinical trials & FDA application for Alzheimer's & Dementia treatment could be announced soon. Also, possible partnership with another pharma company or private placements for financing purposes.
https://www.otcmarkets.com/stock/CBBT/news/Cerebains-Strategic-Partner-Adds-Key-Personnel-to-Accelerate-Advancement-of-Device-Development?id=186360
Cerebain’s Strategic Partner Adds Key Personnel to Accelerate Advancement of Device Development
Cerebain Biotech (OTCQB: CBBT) today announced that the company’s strategic partner, Sonos Models, Inc., has added key personnel to its staff to facilitate the acceleration in development of the company’s medical device. These additions come as Cerebain readies itself for clinical trials and the FDA application process in conjunction with the development and testing of its medical device for the treatment of Alzheimer’s and Dementia.
$CBBT
8M Float. Any buying pressure with this miniscule float & this will move upward fast.
https://www.otcmarkets.com/stock/CBBT/security
$CBBT
Market thinks otherwise. Gapping up!!!
$CVSI
My guess is a reverse merger is going to happen with this empty shell. RYSMF is a foreign ticker symbol. Could be a possible private Canadian MJ/CBD/HEMP company wanting to go public. Time will tell.
$RYSMF