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There is going to be continued dilution of shares. Buying any shares and any current price is a losing proposition.
Current dilution about to take this to a new 52 week low.
The release of YSO is certainly happening at a perfect time when costs are increasing and people need to watch their expenses. Any little bit helps.
Take a good look at this financial filing. Take the time to read about their derivative liabilities.
https://www.otcmarkets.com/filing/html?id=15350960&guid=SX6wkKt5C5OVQth
They are under attack by their own debt!!
The toxic notes are in the filings.
The dilutive debt is what is keeping the selling pressure on the stock....not naked shorting of an OTC stock...which is illegal and not ever proven.
Look how much dilutive debt is on the books!
There is NO naked shorting of this stock.
Read the filings!!!
The current management got stuck with a lot of dilutive debt from the previous owners.
Disneyland is in California.
Disney World is in Orlando.
Market maker PAUL selling newly issued shares into the float. Surprised ENDV is not releasing any news update to sell into.
Endonovo's website now lists....Garry Michael Kann – Head of Corporate Development
Yesterday's liquidation must have been to pay his consulting fees.
Nobody has mentioned the interviews? I received a PR in my TDA account about an interview with PNNX airing on Sunday and another one today.
Would like to see PNNX hit .90
The only reason people bought shares recently was for the pump story of ENDV acquiring a construction company. They were mislead to believe the acquisition was going to be completed by Dec 31 and seeing millions of dollars in revenue in 2022.
We can see by the Reg A, the acquisition of the construction company has not happened. I'm willing to bet this is not a random company. Is probably some close associate of ENDV CEO.
The CEO has mislead investors with his Sofpulse sales projections in 2018. He had a full year to prove sales before Covid hit and he was unable to do anything.
Someone spent spent $38 to make ENDV appear with 22% gain in SP, yet the Ask at .019 is currently below the opening buy of .0233.
Have you actually tried contacting him?
Endonovo Therapeutics Inc. (ENDV) Announces it has filed a Regulation A+ Financing & Retained Dalmore Group to Provide Operations & Compliance
https://ir.endonovo.com/press-releases/detail/297
Theresa might be too busy now running her other company TAX PARTNERS USA, LLC during the now busy tax season.
Since it is in a retirement account, just keep the shares. There may come a day someone will want this shell.
The new rules may have eliminated the riff raff from taking over shells but one day a legitimate determined individual may take custody of it and bring it back to life.
Garry is a friend of Alan.
Alan worked at Mosaic where Garry is and also has worked at for many years.
Sounds good except the part "ONPH providing the required financing."
I suspect that is why the news had no impact with ONPH SP. More dilution.
The REG A is now public. It has been filed under the 1-A form designation. I have read through it. I really don't see anywhere that show the positive earnings you refer to in your post.
Sales are steady declining to practically nothing. It clearly shows declining revenue from 2019 to 2020. If you look at their 2021 quarterly statements, you will see it continues to go down.
The CEO never meets any of his deadlines. As you can see from the October shareholder letter, it was stated the deal would close on Dec. 31, 2021. Now this Reg A comes out 1 1/2 months after the Dec. 31 deadline. He has no funds to purchase any company. He needs this Reg A to be successful to raise the funds to do it.
If you read the Reg A carefully it is full of disclaimer everywhere.
Gotta love this one:
Investors are cautioned, however, that expenditures may vary substantially from these uses. Investors will be relying on the judgment of our management, who will have broad discretion regarding the application of the proceeds of this offering. The amounts and timing of our actual expenditures will depend upon numerous factors, including the amount of cash generated by our operations, the amount of competition and other operational factors. We may find it necessary or advisable to use portions of the proceeds from this offering for other purposes
Also have to love this section:
The Company has been investigating several acquisitions in the construction industry. All of the proposed targets are profitable and generate cash flow. The Company has entered into a non-binding letter of intent with one acquisition target, but has not entered into any definitive binding agreements to acquire any target. Even if we are successful in acquiring a target, no assurance can be given that we would be able to operate such company profitably. Present management has no experience in operating a construction company and the construction industry has its own set of risks.
Is the Reg A in the name of Endonovo?
I cannot find any Reg A document released publicly.
The positive earnings you see must be related to the potentially acquired company, not to ENDV.
Speaking of which, in ENDV's October PR, it was stated "Both parties expect to execute a definitive purchase agreement later this month and close by December 31, 2021."
Do you know what is the latest status with that situation?
Hard to believe there was absolutely no reaction to that news. This has bottomed out. Should go up soon.
There is no way it goes that low. Even when it had less catalysts....it hit .05 briefly as the floor early last year.
Are you certain the real CEO of the watch company is running this shell?
Could it be possible that this shell was revived by an imposter just to make money off a pump?
This shell has been dead for so many years. It was once before had an attempt to be hijacked by some known scammers.
I had looked at the signed papers when the shell was being brought current and the signature seemed to be exactly the same on several docs...like a copy/paste of an image.
If the company would put out a true PR made by themselves and not a paid advertisement, yes, most definitely.
If company stays quiet, then this may just settle here for a while.
All the other bad market makers are gone.
This should reverse any time now.
Nice slaps before close. Would be nice to see some news Monday before market open.
And a nice Bid still out there.
Probably someone with inside knowledge getting a head start of some news.
.02? You will never get filled that low.
The dilution has taken a pause here. They might be waiting for the next news release to dilute into. Nothing is ever on time here.
There are more catalysts coming mid month. It will rise again.
Looks like the dumping might be finished.
Now the company has to come out with real updates.
What happened to the APP they supposedly released?
They need to report real sales of their CBD items. Not sure they have sold any yet. It is a saturated market. What makes them any different from the others?
They show 60k sales last financial report with NO cost of goods cold. Tells me whatever they sold was not anything from their inventory.
yesterday was 9.5M volume and the day before that was 14M volume.
Today surely would be the last day of any dumping if he has not yet liquidated all 20M shares. We can't assume all volume was only his in the past 2 days.
Have to wait and see when the bad Market Makers disappear.
VERT, ASCM, PUMA
No...of course i did not believe him. You can see my post history questioning and countering his pumps.
I do have a serious question for any true investor here. They supposedly released an app on the Google play store recently but I could not find it. Was it ever released? Read it from one of their PRs
What happened to the institutional investors that believed in this great investment with potential to $1?? LOL
Today was the dump. Look at that!
Incredible. It was obvious. Happened a little later than I had expected.
Call your brokerage and speak to a rep. They can liquidate the shares for you.
PUMA appearing on L2 is not good.
Dilution occurring. Hence why it continues to sink.
Before you invest, try to speak to the CEO. He always hides behind an IR person.
Ask whatever happened to this agreement and lofty sales projections.
https://fintel.io/doc/sec-ednv-endonovo-therapeutics-8k-2018-august-14-17955
That was before COVID so he cannot use that as an excuse. He creates a great story in the press releases and documents but never delivers the promises and then stays quiet about it. Won't ever say what happened.
I'm sure he cannot acquire that construction company without acquiring funds through the Reg A.
What happens if the Reg A does not get enough $ for the purpose of the acquisition? What happens to your investment? I have no experience with Reg A process and am curious about the process and risks.