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otcmarkets
Billy- What do you mean gone?
Excellent news. Why was a form 4 filed with a fully collateralized note on the 10k?
She - Thanks Granrok.
why would he file the form 4 with an asset that was collateralized?
u r correct Ben . Why would Mr. Darcy give up those guarantees- maybe he can tell us in a shareholder virtual meeting.
3. On July 31, 2020, 2020, the Reporting Person elected to (a) convert 1,473 shares of Series A Preferred stock (the "Series A Preferred") valued, on June 30, 2020, at approximately $1,133.81 per share of Series A Preferred, into 122,730,903 shares of Common Stock, and (b) convert 1,000 shares of Series B Preferred stock (the "Series B Preferred") valued, on June 30, 2020, at approximately $1,248.49 per share of Series B Preferred, into 124,849,365 shares of Common Stock.
In consideration of the mutual promises, covenants and conditions contained in the Settlement Agreement, the parties to the Litigation agreed that (i) Mr. Schreiber and the Schreiber Trust shall transfer all Company stock they presently own (52,377,108 common shares) to the Company and (ii) the Company shall (a) make to Mr. Schreiber and the Schreiber Trust a cash payment of Two Hundred Fifty Thousand and 00/100 Dollars (US$250,000.00) and (b) issue two Promissory Notes, each in the principal amount of Two Hundred Thousand and 00/100 Dollars (US$200,000.00), one of which shall be due and payable on or before September 6, 2020 and the other shall be due and payable on or before September 5, 2021. As a result of this Settlement Agreement, we have recorded a loss of $471,880 in the year ended June 30, 2019.
F-13
Each Promissory Note shall be non-interest bearing, however each (i) shall bear a $15,000 late penalty if the principal amount is not repaid by the due date and (ii) shall bear interest at a rate of 18% per annum, from the issue date, if the principal is not repaid by the 30th date after the due date.
Pursuant to a Security Agreement between the parties, Mr. Klug and Beechwood secured the Company’s obligations to the Schreiber Trust under the Settlement Agreement by granting first-priority security interests in (i) 1,000 shares of Mr. Klug’s Series B Preferred Company Stock; and 1,473 shares of Mr. Klug’s Series A Preferred Company Stock, and (ii) Beechwood’s interest in the Tower Hotels Fund 2014, LLC.
otc markets
Angry Angry man. will do that
Codyco - What was the deal with him again- Mr.Darcy threw him out? What were the details?
let's hope they are not withholding material information. Watching otcmarkets
its posted every 15 days
outstanding shares
Any reason SNDD has not reported to OTC Markets?
More sellers than buyers?
Correct I have not
will be watching their margins as well as their share count. otc markets any day now
Where is the working capital to run a business ? It comes from only 1 place- keep issuing more shares . 1.5 billion up over 1 billion shares and climbing.
its a valid and a good point . Why would he do that now? Was he forced to ? Why Ben ? Why? Let's not guess- maybe Mr. Darcy can tell us during an Investor call.
Once Buttercup sees the outstanding shares and something material Buttercup will become a buyer . Mr. Darcy please announce a shareholder call- Don't be scared . This is your time to shine .
Stocks don't go up on new websites - I am sure you are sick of the hype. It's time for real sales and real margins . And show us how many shares are outstanding - stop hiding. Where are you Jelly.
Again unless Mr. Darcy is giving out insider info no one will know anything until an 8k is out. Other than that you have nothing material . 1.5 billion shares out - we will see that shortly per the money that needs to be raised plus the 300 mill shares just issued. What is the Exchange agreement all about? Hope/ Hype is all we hear. Show us the 8k Mr. Darcy and make us all believers.
Are you saying the company has issued 1 billion shares in the last 2 years?
Stock is going to rocket why? because they put up a good website? Funny - until SNDD either files an 8k with real sales and real margins or this company does a strategic financing this dog wont hunt. Maybe Mr. Darcy should call for an earnings call for shareholders.? Buttercup knows Hype or hope, when she sees it. Hope is a good thing for many of you . 1.5 billion shares is what OTC markets will show . Talk to us Jelly - I read all the filings last night as you advised. PPE is all 3rd party - nothing proprietary. The needle destruction is real- we need to be shown sales.. Mr.Darcy- How about you call a meeting and open it up for Q&A ?
let's hope this rocket doesn't have 1.5 plus billion shares and no money to market Mr. Darcy's new products.
714- Educate me please .
Jelly/ Titans/ Why did Mr.Darcy convert his shares into 300 mill of common? Was he forced to ?
Pretty website Mr. Darcy put up.
1.5 billion shares outstanding Jelly ?
Jelly. Why would Mr. Darcy convert his preferred shares at this time? What is the real story Jelly? Maybe the Titans know.
To the Titans- Why would Mr. Darcy convert now at this time?
Jelly- Why did Mr. Klug convert at this time? That is the big question. Why would he do this now- maybe a strategic buyer required him to ? What do you think Jelly. Is this stock a takeover target?
Shares excluded from EPS calculations - that means they are not counted Jelly.
Read the Financials. you will see - these pref shares converted to common. They were not counted in the outstanding before- they had different voting rights/ different class. They are added to common count. Jelly- U know better - you are the Man here
maybe 1.5 billion - Jelly what do you think?
1.3 billion outstanding now.
What is the news?
Need to give credit where credit is due- Thanks for saving tons of money Jelly! Will follow your lead but this feels much lower. Thoughts?