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.
looks like they're not messing around
Remarkable talent they're putting together here!
so we have a name change, and a pending site to be launched.
given the registration was kept private, no clues there yet.
and what on earth is 1PM Industries?
have a hard time believing it would be approved
but I've been wrong before that's for darn sure.
use of the word 'executed' is the problem,
if it hasn't been approved, its not executed.
and it could easily be denied.
if its been executed, the market makers have
a massive short position on their hands.
doubt if finra wants another medbox on its
hands...
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=mdbx&insttype=&freq=2&show=&time=10
but this would only have a 20,000 float, if 20m turned into 20k.. would they even consider approving anything like that? I've never heard of anything that small.
either that, or it hasn't been approved yet. confusing.
and why the mention on the conference call with nates if the plan for TREN was to become 1PM Industries, whatever that is? and a r/s?
you think it may have already occurred? why would the requirements be any different for a blank check company?
still have never seen anything like this before.
live and learn.
you were right.
'approved' by the board or 'executed'? that_is_the_question.
whenever I've seen amendments mentioning
a r/s
the board can 'approve' seeking a r/s, but doesn't have
the power to execute one without finra doing it.
has anyone else ever seen this before?
using 'executed' without a daily list notification first?
or am I all wet here?
nope. it doesn't make sense.
an awful lot of whatif scenarios are now
at risk here.
but you don't get a r/s without
finra deciding on it as far as I ever heard of.
this is bizarre.
that's what it says, but if that were the case
would there not be a huge naked short position
from everyone who just sold? since the 17th?
and would not finra have to have approved it prior
to it being executed?
never seen anything like this
they publish the list of approved r/s changes the day before they happen usually
would they really want a 20,000 float??
is not 20m (the float estimate
I've seen mentioned here) divided by 1000 = 20k?
who is 1PM Industries? any idea what that is?
I'm afraid to sell for that reason..
says 'executed' though. past tense. ??
would have to be on the dailylist correct?
totally confused
you saw the filing friday then?
why is it past tense? and 1PM Industries as a name?
I guess you knew about this already?
1PM Industries Inc? what is that?
as in past tense?
don't understand. says it was effective on 2/17
some liquidity today it appears.
I'm speculating so. there is a lot of
momentum building right now on the manufacturing end of things
with NHMD and STHC.
and distribution will follow that.
which is where we fit in at TREN.
TREN and STHC are quite similar in behavior imo.
quite illiquid mostly. but dramatic in movement
when there is volume.
true. credit where credit is due. a perfect contra indicator for NHMD and STHC and EMBR.
we should be grateful that kind of shrewd accumen here.
but since no one will turn loose of any shares
someone is going to have to try harder
there is a 3rd type of kiosk that they've developed
over at redbox/coinstar and its their ecoatm
for turning in old smartphones.
there is a pretty big market for the used ones
and if for example they can turn a profit of $100
on the old phones, tablets, components, etc. then the 1m
they've taken in, in the last 6 months that was mentioned
in their recent news,
would be 200m in revenue annualized.
just some speculation on those amts, but it appears
to be a very underserved market at this time.
so surely franz is well aware of that market
lets see if they address that here.