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This is what mark says on his LinkedIn about the process. “
Logo of Cresset Advisors
Cresset Advisors
2 yrs 5 mos
Social Media Platform - Reverse Takeover (RTO) Interim Chief Financial Officer & Advisor
Mar 2023 - Present 1 yr 1 mo
• Advise management and prep company for RTO (reverse takeover) IPO in US, workflow optimization, manage PCAOB audit, write technical memos and supervise compliance, investor relations, ERP selection and optimization, and personnel training • Select and acquire target company and perform due diligence, create and file SEC documents to list onto OTC, then uplift to the NASDAQ
Google says….One guideline to follow is categorizing small businesses as those with fewer than 100 employees and/or less than $50 million in annual revenue, while midsize businesses have fewer than 1,000 employees and/or less than $1 billion in revenue (but more than $50 million).
500 to 1000 employees
I’m hoping they let it run on the otc before uplifting to the DAQ. It would be beneficial to them and Fbec shareholders. In my mind it’s all about the revenue. If they have $50 million or more it will be great. Mark disiena the consultant was found to say on his LinkedIn
“ I need a recommendation for an AICPA auditor that can be engaged in US and Vietnam..midsized and above...please DM me...thx”
And “I need a recommendation for an AICPA auditor that can be engaged in a small IPO on the NASDAQ this winter..midsized and below (no Big 4)...please DM me...thx”
Funny how THE TREE SHAKER don’t post if there is no dilution LOL
$50,000 per employee IF ITS THAT puts it at $50 million
There is a way to estimate revenue
Take the software-as-a-service (SaaS) industry, where we don’t have an average annual revenue number but know that the median revenue per employee is $112,500. Let’s say our private company has 15 employees. Here’s the formula:
$112,500 x 15 = approximately $1.7 million in annual revenue
Problem is I’m sure based on Vietnam and India there pay is low
LinkedIn says they have between 500 to 1000 employees
True
I called and left a voicemail, let’s see if he calls back!
I feel like Bart Simpson. Are we there yet , are we there yet, are we there yet?
Do we see another shake down tomorrow before the conference call Monday?
Any knowledge of paid sites to find out revenue for private companies? I’d throw a few bucks to find out how
Yeah some other people feel the same way
It’s always a waiting game on their time
Maybe he can share them with all politicians lol
I can’t argue with you, so far Chad hasn’t communicated but once thru a post on x
Not sure what he has going.
Who the Phuk would sell a million share block with earnings coming out ?
Yeah we’ve been through this whole speculation last September. We need something concrete now. DP is a possibility but Chad needs to utter at least what he has for breakfast
Might work! I wonder how the share conversion will work, shares mixed with us and haha
500 to 1000 employees https://www.linkedin.com/company/hahalolo?originalSubdomain=vn
He’s called a tree shaker
Yeah once the volume hits it will send off alarms and people will look and say WTF? That’s cheap, I’m in like flin
I wonder if at some point the Vietnamese buy up the float?
Nice observation bud
Yes it seems like that is so
I’m wondering if they find a joint venture or partnership to strengthen the business and outlook.
Only thing I can think of is it was pulled down for someone to buy cheap shares before the earnings call
I picked more in the final minutes
I believe so
I find it strange who is selling. Maybe old shareholders just wanting out?
Dumb move imo
Hard to tell where we end up but I think Hahalolo is a beast
If the NYSE accepts the Company’s plan, the Company’s common stock, par value $0.001 per share (the “Common Stock”), may continue to be listed and traded on the NYSE during the 18-month cure period, subject to the Company’s pending NYSE appeal and hearing determination.
lol
This is ironic that a board members name of SONX is Carolyn Beaver 🦫 and the ceo of the competition biol’s CEO’s name is John Beaver lol
Unusual last names
Maybe TDO software has been buying on the bid all this time after seeing the company
I’m betting deep power and glid show up on the next filing.
I’m not sure how loyal companies plays into this, it’s very strange. Everything has the same address in Utah as Sflm
Hmmmm 20,30 40 cents are all cheap in relation to their product, revenue and cash on hand. Has to be manipulated in some way
This is DIRT CHEAP. It doesn’t make sense
I don’t understand the large sells at this point