Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
that would be TREN then. first confirmation,
in addition to the name change amendment.
good question!
who will be the online distributor?
getting hungry now
well obviously they didn't rubberstamp this, or
it woulda been done by now
so we'll see.
happened again?
no clue. makes no sense.
but why drop all the clues and hints
ahead of this via the filings at embr and
the conferencecall and now the news at nates,
which encouraged that run to near 02?
only to then put out r/s news (via sos amendment,
not any pr or 8k filing anywhere) to collapse it to 002.
that was not playing nice.
shareholders will remember that for a very long time.
certainly does not seem warranted by the
already small size of the current float
to reduce it to nearly nothing.
if finra approves that, what are they even for?
there will be no liquidity left here.
and all of us will remember what happened..
for a very long time.
no, I expected them to do whatever was necessary
to at least meet minimum necessary requirements. so this certainly
does not reflect well imo... I gave them way too much
credit apparently. did not see it coming.
sounds like they did follow the rules of the submission 10 days prior to the record date. seems to be the rub is, no word from finra.
approved? or not approved?
that is the 64,000 question.
will they approve a r/s on a ticker the company said in an 8k
they already own 99% of? and a float that will become
near zero? what's the point? unless they
have plans to have a stock price in the dollars for
the big boards. it will be completely illiquid
if it goes through..
probably 2.50 x 25.00 sort of spread
its all quite perplexing.
Company Updated Profile the 10 days you mentioned, passed on the 27th. we have yet to see a D applied to the ticker, or a r/s listing on the daily list. confusing.
http://www.otcmarkets.com/stock/TREN/profile
any reason it's up?
ok, well then they won't likely let you sell it if that's the case until
the ticker and share amt have been updated to your account.
but sometimes brokers will make a mistake
and allow people to sell shares of the size of their
original position, even though the r/s means
they only have a small portion of those shares in reality.
and one day your account shows a short position
which sometimes can be a costly mistake.
yes. if the D is showing in the ticker, the share adjustment should also have been made.
anyone who sold shares today that weren't adjusted should probably call their broker today. if by chance the size of their position wasn't reduced by 1/15th, even though the D has arrived, it can end up in a problematic short position situation if they sold possibly 15x more shares than they actually owned as of today. was watching the volume and price and suspect this may have happened to someone.
a pancakes_in_a_can youtube could go viral
could be youtube/internet media. doesn't spell it out.
nates 8k>
appreciate the advice
but I think I'm going
to be just fine. been watching this a long time.
my avg is in the 001s,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97782630
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101582255
anything is possible, but
I think it will be the distributor.
first, he said it would be on CC call.
then they filed 2 amendments at colorado sos,
changed the name,
someone registered a domain name for the new name,
filed incorporation papers in the new name,
and then followed
up with the 8k at nates about the online distributor coming March 15.
all in the last month.
the wild card is one of the amendments said
a r/s was 'executed' on 2/17.
(there are links on this board for everything listed above)
that would put the float here at about 20,000 by most float estimates.
so unless they're planning to move to the naz
priced in the dollars after they start shipping cans,
its all pretty perplexing.
there is a lot going on behind the scenes.
no one is talking about it, but the public documents
are flying all over the place.
zzzzz
probably the biggest day for making pancakes
this also showed up, same address as what is showing for tren at co sos records
https://legalentityidentifier.info/lei/get/549300G86L4XPK3PFW36
we're guessing 1PMindustries.com might be it. was just registered mid Feb.
torrent filed a name change at colorado sos to 1PM Industries Inc.
doc also said a r/s was executed on 2/17 but we have not seen it.
so there is speculation as to whether that was denied or not.
the conferencecall mentioned TREN would be onlinedistributor
people have reported hearing
we'll know by the 15th. I would guess if they are doing a private label deal of some kind, its probably for an inhouse storebrand scenario, like big box stores seem to do with many products, 'as compared to' released under their own brand/version but with same manufacturing.
I'm wondering would the private label or licensing potentially
spin off under a different subsidiary/ticker? they seem to be dividing many aspects of production, manufacturing, financing, distribution under an umbrella of multiple tickers. a food chain pardon the pun.
its a forward_looking_event. march 15th online distribution
buying vol this am making sense now
even if they file with finra, no guarantee of approval either
they have been scrutinizing these more now
or got turned down, not sure how keen
they are on approving 20k floats
if that math is right from past data/info
found this 2/28 update about 1PM
http://openleis.com/legal_entities/549300G86L4XPK3PFW36/1PM-Industries-Inc-