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Hope your source is different than the last time you made such a statement...
Doing this again, eh?
I'm sure he will correct me if I'm wrong: I believe he was pointing out that our ownership released 300+ million shares for a pittance of 10k debt. None of us know what cap x Nassar is putting into this whole process and that 10% of his 51% controlling interest of shares can cause one to assume Nassar doesn't care about those of us who are investing for our own personal enrichment. And he makes a fair point, provided we have some context of what Nassar has spent since he began this process. Root Jr. likely is not charging based on OTC acceptance but rather billable hours. My lawyer charges $750/hr and if he even thinks about my affairs he's charging me whether it's 3 minutes or an hour. Multiply minutes or hours by the multiple attempts, sprinkle in a good faith no-charge for spelling company officer names wrong, and Nassar could be out a decent chunk of change already and looking to slow the bleeding. That's just the lawyer, add in IR combined with opening a new location and the standard add 4 weeks and 30% to deadlines and budget for a restaurant and only the insiders know where they stand.
Now, I don't appreciate that dilution for 10k of existing shell debt pre-Nassar but he's a business man with 3B shares and a plan. Since none of us are privy to his publicly announced plan, nor his expenditures to date, trying to become Pink Current everything is speculation and a Hail Mary.
Blue chips are for weak hands, skull and cross bones are for those with a vision and strong hands. Sell me more at 3 or 4, I'll suck them up.
Shooters shoot. It didn't happen this week, may not happen next week either. If you believe in what you have buy more. If you don't want the ball in your hands for the game winner put what you've got on the bid at 3 or 4 next week and we will send you on your way.
I'd say that's a bit of a stretch. They have no obligation to reply to inquiries. I imagine they get hundreds a day and it's like flies swarming the honey pot. You try to smack them all away but occasionally one gets some honey. I was simply asking if any of us flies tasted any honey.
I feel good about this due to how few eyes are on this ticker and the limited number of brokerages allowing trading. Small interest and restricted trading aside we have maintained 4/5 for months. Those who can buy are loading up and not wavering hence no significant decrease in SP amid delays.
Is that wishful thinking or something you see somewhere other than OTC filing and disclosure site?
My simple and brief requests for updates from the attorney Root and Jerry M have gone unanswered and I'm not the kind to pepper their inboxes. Has anyone had any luck with a reply from either this week? If the last grapevine notion that OTC was reviewing yesterday was correct, according to Root, if accepted this should have changed today. Keep the faith, y'all!
I've been through RM's a time or two and I don't mind his approach. He's currently efforting getting pink current, aka defunct companies and his up to speed with reporting. He hasn't merged yet so he's still just a CEO trying to get the required paperwork submitted. In effect, his private company isn't public yet and there's no telling how many hurdles remain in his path. Once he gets to a point where he can have a conversation with FINRA we will be looking good. Fingers crossed he does that faster than he has in the quest for pink. Q2 financials combined with ticker change and the mission statement will bring eyes, then volume, then price action. Hold what you've got and pray for 4's to be added to your portfolio.
Stocks can be as simple as patient people taking impatient people's money.
If what we were last led to believe, if you choose to buy into the "news," OTC reviewed today.
Could be current tomorrow, could be a few more weeks...
Let's try this again, come on KNSC/OTC!
At the very least it's not an issue with Erwin and Edward V!
I'm going on a limb with no fabricated inside info and calling tomorrow the day the skull goes away. All hunch, no factual basis...
Call the TA tomorrow. See for yourself if it's a 1 man band. Sell or add to your position based on your findings.
Awful lot of shady dealings here, Frank. You're about to be exposed!
I've been on my honeymoon and admittedly distracted from my portfolio.
Does anyone have any recent updates from IR or the company? I have instagram so I see what the social media team has done but that's of little help to our current plight. I plan on reaching out to IR again tomorrow if the skill is still there and will share any response I receive.
Important question is does this get rejected by OTC and create a round 4 possibility...
In reading the foot notes in 2016 we had Edward Vahlsing and in 2017 we have Erwin Vahlsing.
What's this all about?
First and only warning. Keep your posts relevant to the company.
I'm glad I spent every waking minute believing in our leadership team. Even more glad my time wasn't spent looking for every bit of minutiae to argue about through the process. Enjoy the sounds of ka-Ching and crickets!!
This ain't about an s or lack there of in filings. This is about $ in our pockets!
Let's ride, baby!!!
Onto 6's with a decent wall there back up to 28mm.
Loving that 5mm buy!
I'm watching another one that's traded 181mm already and is up 28% so volume doesn't mean it's a moon shot.
9pm E.T. and the letter isn't posted yet. Guessing we will lay eyes on it tomorrow. Remember those of you who have commented more than 5 times to apply to be a mod. Once this hits there will be all the paid commenters trying to run our board.
From Jerry Miller 20 minutes ago - aka IR!
"just waiting on the attorney to update so it can be posted, should be today then OTC needs to review again and hopefully that will be all."
Managed to get 4's filled! Heck ya!!!
I agree that IR or the attorney are valuable resources, if you can get a reply...
If I'm the lawyer I'm not about to reply to inquiries from message board posters if I can charge $350-500/hr to clients. It seems the amended report = amended letter. There were 6 days in between the previous report then amended letter so I'm hopeful it will be submitted again soon.
Bumps in the road have certainly been nagging but I appreciate their constant follow-up.
It seems to me that another amended attorney letter is needed. Naturally OTC never responded to me so this is simply speculation based on the pattern of filings.
Spot on, ol crow
Hope that's not based on the same sources you referenced last week.
Looking forward to going current and most of the brokerage firms allowing buying!
That's hilarious!i understand you want to profit on your position but anyone who has held this longer than 3 days is upside down. This turd will R/S AGAIN this year I'll guarantee it. A few weeks after the last one they are already diluting. And for what, the same tired useless show to present their thermometer?! You can buy one Amazon for less and the tech is identical. Sell when you can and hopefully break even. But I suppose you knew that already and that's why you're trying to convince someone to buy.
All of their obvious tricks aside, 5's don't appear to be for sale any longer. I tried all day and couldn't even get 1 million more.
And two separate trades of 18,507,850
I just noticed both the Annual and Quarterly were uploaded as amended yesterday. Chip, chip, chip away!
Amended changes I see are:
Page 13 class A shares changed from 3,033,322,160 to 6,684,465,174.
Page F-9 under debt transactions: "Accredited investor" changed to Darling Capital, LLC an accredited investor.
That is hopefully all this quarterly report needs.
1.8mm with 1 second to go in the session. Someone is wanting in badly and the 1 share and 10k share trades show just how they are doing it. Anyone see when the bid and ask flipped nearly exactly and then flipped right back? Some very interesting tactics in play here leading me to believe someone who's not dumb enough to blab is expecting something.
That $9200 could have been $92,000 in several weeks. Weak hands...
Interesting 17.6mm block there.
Monday works for me so I can buy more tomorrow that should appreciate 100% in the days following current.
Preach amigo, preach. No one has any inside track, let's just be professional here. It will happen when it happens and I'd actually prefer it happens early in the week so we can get some sustained momo.
Hope everyone holds tomorrow and let's watch what we have believed in skyrocket! Raise your asks way up if you won't hold! Lock those shares up boys