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Got a question for all those smart gurus out there...
got majority control now... but before CBDZ can go public... all the filings need to be current or does it matter? Since this has not been reporting for years... just asking.
How do they get around it? If not, then it could take at least 3-6 months before this really takes off... yes? no?
Gap between Bid and Ask is wide... No one is selling lmao
Hold until $10!
Nice ride... Go Baby!
Looks like MMs need a lot of shares... lol
Looking for a small dip this morning...
MM's need inventory and will probably open at .90+ drive it to .95 and short this down to .75... then let it go...
jmho glta
What scan did you use to find that gem? tia
Buying more $KDCE tomorrow...
The way it moves, float must be very low.
I think you may have misread it...
the company sold one (1) million shares of its preferred shares (one preferred share is convertible 1,000 share of common stocks) of the company for aggregate purchase price of $55,000.00 to Cannabinoid Biosciences, Inc.
Was it also a Grey Market stock?
Well, maybe that was best... By taking it public they have to pay shareholders first.
Technically, should be a wash.
DRYS is not the same since they went into drilling...but regardless, with Economou in charge, it probably was best to let this go.
$KDCE got in late but today was just the beginning...
Projected... some are saying $10 min...
Well... garbage talk is being made public adding to the junk pile huh?
They are but also have the power to do things... and thats a problem
MW UPDATE: Regulator says government will 'wipe out' Fannie Mae and Freddie Mac shareholders if needed FMCC FNMA
"The comment came during a congressional hearing regarding the Trump administration's housing finance reform plans Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) have tripled in value this year as shareholders eagerly welcomed the Trump administration's interest in ending the two mortgage firms' conservatorship. But a side comment made by a regulator during a congressional hearing Tuesday shows how little is settled when it comes to the fates of the two companies that underpin much of the housing finance market in the United States.
"If the circumstances present itself to where we have to wipe out the shareholders, we will," Federal Housing Finance Agency director Mark Calabria said during a hearing before the House Financial Service Committee, referring to Fannie Mae and Freddie Mac's shareholders.
The remark came in an exchange with Rep. Bill Foster, a Democrat from Illinois, who suggested that the plan to recapitalize Fannie Mae and Freddie Mac was benefiting shareholders rather than U.S. taxpayers. "I agree completely that we should have and we should still wipe out these shareholders," Foster responded.
Don't miss:5 major changes the Trump administration wants to make to housing finance (http://www.marketwatch.com/story/5-major-changes-the-trump-administration-wants-to-make-to-housing-finance-2019-09-09) When Fannie Mae and Freddie Mac's troubles emerged amid the 2008 financial crisis, many thought (https://www.wsj.com/articles/SB121616617023656207) that the mortgage giants' shareholders would suffer losses as the government sought to bail the firms out. Instead, Fannie Mae and Freddie Mac's common and preferred shares have continued trading, even as the mortgage giants went into conservatorship. Since entering conservatorship, the two companies have sent most of their earnings to the U.S. government to pay back the money they received in bailout funds. But that left the two companies with little money on hand to handle potential losses in the event of a future housing market downturn. Calabria frequently noted that Fannie and Freddie were operating at leverage ratios of 500 to 1, while most major banks are only allowed to maintain leverage ratios of 10 to 1. "Even if every single loan Fannie and Freddie made were pristine, they would still fail at that level of leverage" in the event of a downturn, Calabria said. Recently, the Trump administration has signaled its interest in ending the conservatorship of the two companies, as outlined in reform plans (http://www.marketwatch.com/story/trump-administration-unveils-sweeping-plan-to-reform-housing-finance-system-2019-09-05) put forth by the Treasury Department and the Department of Housing and Urban Development last month. Read more:FHFA says Fannie and Freddie must direct over one-third of multifamily loans towards affordable housing (http://www.marketwatch.com/story/fhfa-says-fannie-and-freddie-must-direct-over-one-third-of-multifamily-loans-towards-affordable-housing-2019-09-13)
A major piece of this plan is recapitalizing Fannie and Freddie -- the FHFA has already moved in this direction by reducing the amount of money Fannie and Freddie must "sweep" to the Treasury Department. Foster, however, expressed concern that allowing Fannie and Freddie to keep this money would enrich shareholders rather than protect taxpayers, citing increases in the companies' share prices as evidence.
He was not the only person to cite the Fannie and Freddie's share prices during the hearing. Rep. Alexandria Ocasio-Cortez, a Democrat from New York, raised the subject, noting that Fannie and Freddie's share prices increased substantially following Treasury Secretary Steven Mnuchin's Senate confirmation hearing in which he said releasing Fannie and Freddie to the private sector was a priority. "I think it was clear the market didn't understand my comments and what they implied," Mnuchin, who was also in attendance at Tuesday's hearing, said in response to Ocasio-Cortez."
Most probably heard this alreay... take profits and wait...
Neutra Continues Rapid March Forward Latest LOI Points to New Hemp-based CBD Products and Markets NTRR
Still alive and kickin'...
I'm selling... Asking .30+ See me after 11/19.... LOL
LOL...
Using this time of consolidation to get cheaper shares... lol
Bring it on sellers... obviously you know not what you hold and when this will explode... Please let go your shares.
yes it is.
Neutra Continues Rapid March Forward Latest LOI Points to New Hemp-based CBD Products and Markets SUGAR LAND, TX, Oct. 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Neutra Corp. (OTC: NTRR) ("Neutra" or "the Company"), fresh off the recent release of a new cannabidiol (CBD) sports cream, has not rested in its efforts to press forward on its global mission. The Company has executed a game changing letter of intent (LOI) that, if executed as planned, may lead to the joint development of a wide variety of additional hemp-based medicinal products to serve the rapidly growing CBD market -- a segment some analysts have predicted will soar to $11 billion by 2026. When completed, the agreement with Harrisburg, PA, based Orgaceutical Co would provide Neutra access to Orgaceutical's formal research findings to investigate the use of cannabinoids as antioxidants and neuro-protectants. Neutra would also gain rights to a federally registered hemp trademark as well as a license for hemp cultivation issued by the Commonwealth of Pennsylvania's Department of Agriculture. "This LOI will propel us into an excellent position for research and development of exciting new applications for hemp-based medicinal CBD products," said Sydney Jim, Neutra's CEO. "With the cultivation license, we'll have a constant and consistent supply of quality hemp under a vertically integrated cultivation model. With the research license, we'll be free to explore new uses for hemp and products derived from it. Finally, with the trademark, we'll have a federally protected brand name to pair with our existing VIVIS product line." The noted investing website Motley Fool has predicted U.S. sales of CBD products will more than double every year between 2019 and 2023. Bloomberg has called hemp the "cannabis cash crop" thanks to the booming demand for the non-psychoactive CBD that can be derived from it. CBD is low in THC, the compound that gets users high. Because of its low THC level, hemp-based CBD is finding mainstream acceptance among a public eager for its medicinal value but not wanting the high that comes with other forms of cannabis. The LOI represents the latest step in Neutra's efforts to become a vertically integrated company. The Company's rapid forward progress in 2019 recently led Neutra to cancel a planned reverse split, which had become unnecessary amid so much recent traction.
DUDE... READ THE FORM 15 NOT REQUIRED TO FILE REPORTS
There is a glimmer of hope...
Item 4. Purpose of Transaction
Item 4 is hereby supplemented by adding the following:
On October 9, 2019, a special meeting of the stockholders of DryShips Inc. (“Issuer”) was held at 4:00 p.m. (Greece time) at 80 Kifissias Avenue, GR 151 25, Marousi, Athens, Greece. At the special meeting, the stockholders of Issuer authorized and approved that certain agreement and plan of merger, dated as of August 18, 2019 (the “Merger Agreement”), by and among SPII, Sileo Acquisitions Inc., a corporation organized under the laws of the Republic of the Marshall Islands and wholly-owned subsidiary of SPII (“Merger Sub”), and Issuer, pursuant to which Merger Sub will be merged with and into Issuer (the “Merger”), with Issuer continuing as the surviving company and becoming a wholly owned subsidiary of SPII.
On October 11, 2019, Issuer and Merger Sub filed Articles of Merger with a Registrar of Corporations of the Republic of the Marshall Islands, which were registered by such Registrar of Corporations of the Republic of the Marshall Islands on October 11, 2019, pursuant to which the Merger became effective on October 11, 2019 (the “Effective Time”).
At the Effective Time, each common share, par value $0.01 per share, of Issuer (collectively, the “Common Shares”) issued and outstanding immediately prior to the effective time of the Merger was cancelled and converted into the right to receive US$5.25 per Common Share, without interest and net of any applicable withholding taxes, except for any Common Shares that, as of immediately prior to the effective time of the Merger, were (i) held by SPII or any subsidiary of SPII or (ii) held by Issuer as treasury stock or by any of Issuer’s subsidiaries, which Common Shares were canceled, and no payment was made with respect to such Common Shares.
Upon the consummation of the Merger, Issuer became a wholly-owned subsidiary of SPII and the separate corporate existence of Merger Sub ceased. On October 11, 2019, Issuer notified NASDAQ of the completion of the Merger and requested that trading in the Common Shares be suspended and that NASDAQ file with the SEC a Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on Form 25, thereby commencing the process of delisting and deregistering the Common Shares. Issuer intends to suspend its reporting obligations under Section 13(a) and 15(d) of the Exchange Act and to deregister the Company Shares under Section 12(g) of the Exchange Act by filing a certification and notice on Form 15 with the SEC as soon as practicable. Issuer’s reporting obligations under the Exchange Act will be suspended immediately as of the filing date of the Form 15 and will terminate once the deregistration becomes effective.
There are no other changes to Item 4 from the Initial Statement. Item 4. Purpose of Transaction
Item 4 is hereby supplemented by adding the following:
On October 9, 2019, a special meeting of the stockholders of DryShips Inc. (“Issuer”) was held at 4:00 p.m. (Greece time) at 80 Kifissias Avenue, GR 151 25, Marousi, Athens, Greece. At the special meeting, the stockholders of Issuer authorized and approved that certain agreement and plan of merger, dated as of August 18, 2019 (the “Merger Agreement”), by and among SPII, Sileo Acquisitions Inc., a corporation organized under the laws of the Republic of the Marshall Islands and wholly-owned subsidiary of SPII (“Merger Sub”), and Issuer, pursuant to which Merger Sub will be merged with and into Issuer (the “Merger”), with Issuer continuing as the surviving company and becoming a wholly owned subsidiary of SPII.
On October 11, 2019, Issuer and Merger Sub filed Articles of Merger with a Registrar of Corporations of the Republic of the Marshall Islands, which were registered by such Registrar of Corporations of the Republic of the Marshall Islands on October 11, 2019, pursuant to which the Merger became effective on October 11, 2019 (the “Effective Time”).
At the Effective Time, each common share, par value $0.01 per share, of Issuer (collectively, the “Common Shares”) issued and outstanding immediately prior to the effective time of the Merger was cancelled and converted into the right to receive US$5.25 per Common Share, without interest and net of any applicable withholding taxes, except for any Common Shares that, as of immediately prior to the effective time of the Merger, were (i) held by SPII or any subsidiary of SPII or (ii) held by Issuer as treasury stock or by any of Issuer’s subsidiaries, which Common Shares were canceled, and no payment was made with respect to such Common Shares.
Upon the consummation of the Merger, Issuer became a wholly-owned subsidiary of SPII and the separate corporate existence of Merger Sub ceased. On October 11, 2019, Issuer notified NASDAQ of the completion of the Merger and requested that trading in the Common Shares be suspended and that NASDAQ file with the SEC a Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on Form 25, thereby commencing the process of delisting and deregistering the Common Shares. Issuer intends to suspend its reporting obligations under Section 13(a) and 15(d) of the Exchange Act and to deregister the Company Shares under Section 12(g) of the Exchange Act by filing a certification and notice on Form 15 with the SEC as soon as practicable. Issuer’s reporting obligations under the Exchange Act will be suspended immediately as of the filing date of the Form 15 and will terminate once the deregistration becomes effective.
There are no other changes to Item 4 from the Initial Statement.
They pulled the Registration of ALL securities of DRYS...
Seems that is what was put out.
That means the CUSIP is no longer active... which identifies the stock that is registered to it...
If this is true... You are holding junk. Worthless paper my friend. It could mean they went Private or they are BK... But no volume is not a good sign.
Did you see the second to the last sentence?
LCY Biosciences bought the plant for $4.34 million as part of BioAmber’s court-ordered liquidation process.
I guess that doesn't matter... lol
Federal Housing Finance Agency Director Mark Calabria sounds like he works for the SEC...
Calabria said it's not his aim to wipe out or enrich shareholders and that he'd do what it takes to make sure taxpayers aren't on the hook for losses at Fannie and Freddie, the two government-sponsored enterprises that have been under U.S. conservatorship since 2008.
Looking for 25s...
Yup... More to follow... lol
Didn't see anything more...yet
Technically it's not a R/M yet...
It's a Custodianship... Looking for a new owner on a defunct company. They will clean it up, look for a private company wanting to go public. Depending on the target, it could be worth a lot more than what you invested... On the other hand, you could lose your shirt. But that is why we chase...
Here is a glimpse of it...
The Sun will shine tomorrow.
That's why I'm here...lol
Get Ready for the DUMP... Being falsely promoted... Hit and Run
Whoever is left, is a bagholder.
*DJ Interlink Plus Was Unaware of the Promotional Activity and Remains Unaware of the Full Nature and Content of Activity >ITRK ITRK
This is just starting to rev up... it hasn't really started to run yet... lol
So What!... Did you see this?
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION
12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number: 000-55044
Embarr Downs, Inc.
Betcha didn't even know this... lol
Still waiting for December for the filings to come out...
Even early January... start of the year.
He knows where the money's at... and it's at the end of the court date not flipping
MIne just said more to come...
Complete opposite...
Etrade news. No details on confirm
MW - *DJ Sears Holdings Modified Chapter 11 Plan Confirmed By Bankruptcy Court SHLDQ
It appears old CUSIP will be cancelled and that means Registration is also
However, new CUSIP will be issued, new stock replaces Old.
Appears to be Great News Today... Chap 11 no Chap 7... so its a reorg not a complete BK!