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Didn't tommy do such a R/S before?
4 more days
How does DRYS compare to BVTK?
Very interesting. When can we expect the next batch of financials?
Is VNDM still gone?
Ticker change as in IHSI changing it's ticker?
Alright, I saw the news of the pot deal when I looked up VTXB on my stock trading program.
What happened to the Pot?
Prior to that.
What does Vortex Brand even do?
What does Vortex Brand even do?
What was it before?
Vortex Brands Completes Acquisition of Blockchain Energy, Inc.
Sacramento, CA -- February 28, 2018 -- InvestorsHub NewsWire -- Vortex Brands Co. announced today that the company has completed the reverse merger of Blockchain Energy, Inc.
Blockchain Energy, Inc. is a company based in Sacramento that is engaged in projects related to the utilities and energy sectors. Currently the company is taking a lead role in the implementation of a new product that will be introduced across the country that is revolutionary and has the potential of being a "game changer".
Electric motors used to power equipment like HVAC, refrigeration, industrial machinery, etc consume about 80% of the power provided (in-phase) by the utility company. The other 20% supplies the needed torque or leverage to the motor, but then becomes unusable (out-of-phase) and travels back toward the utility so 20% more power is generated and delivered vs what is actually consumed. The inefficiency problem compounds itself further when the wasted 20% of unusable power travels back toward the utility requiring an additional 20% of otherwise usable power to "burnoff" this backward flowing electricity. Up to 40% of power generated is therefore wasted, plus the back and forth creates line congestion leading to power outages and stress on an already troubled grid.
Phase Angle Synchronization or PAS is the solution to the problem and allows wasted energy to be recycled, potentially saving hundreds of thousands of dollars for just one end user and tens of billions for the energy sector as a whole.
Blockchain Energy's first project will be to act as manufacturer of this new technology and the company has been granted the exclusive rights to roll out the units across all of North America. The inventor of this new technology has joined the BEI team and will act as a consultant to the team as manufacturing and assembly is ramped up over the coming months. The operations facility is located in Sacramento and is sufficient for exponential growth. Several key individuals with specific strengths and expertise have been brought together to ensure this project is a success. Additional staff will be added soon on an as needed basis. Also, the company has already established working relationships with several companies that will be brought in to support this project. More information on those relationships is forthcoming.
With the closing of this reverse merger, Tom Olmstead has stepped down as CEO of Vortex Brands. Todd Higley has been named as the new CEO and Blockchain Energy became a wholly owned subsidiary of Vortex Brands. Mr. Higley has made it known that he plans to share more information about the company and this exciting new project in several follow up press releases over the coming weeks and why the name of the company itself is relevant to other projects that the company has in store. For more information, please visit our website at https://blockchainenergyinc.com/.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
http://www.vortexbrands.us/
The funny thing is that IHSI might be getting into the clear.
A MM that has been diluting the shares has been MIA for a few trading days new,and there's talks of a Reverse merger.
So when can we say that R/s is about to happen,when we have a O/S of 9 billion or more?
Will Tommy have any credibility remaining after a 3rd R/S?
Sounds like we're going to have RS before july.
Hey, as long as the new guys don't wipe us out with a R/S I'm fine with that.
The notes were terrible, I'm really hopping what you're saying is the case.
I'm just cautious.
When are we expecting the next batch of financials?
Not until they fix their Notes that are causing the dilution.
wondering as well.
Everyone needs to watch this about Vice.
Tom is going to walk into an ambush with Vice.
So what happens to our shares ?
I'm just a Parrot.
Hopefully Devon goes.
Let's get some good volume going for a while.
If we get another SS update with no change once again,and VNDM gone then we can celebrate.
Forgive me. What I meant to ask was,what gave you that thought? I agree it's big because of what you've said Goat.
Yes, explain your thoughts please.
Yet this CEO announce that they changed some financials around.
I asked the guy 4 times if he can give me the month of date we would give me the fins.
Tom refuses to tell if we're going to get the financials this month.
He refuses to address the dilution & the impending R/S when I ask.
Can we all agree that the moment Tommy shows such revenues that we stand his neck until he cleans up the SS? Avoiding a R/S is our number one concern.
Not with the current share structure.
So are we going to get some equity investor action, or just dilution next week?
Do you think that he's a skitzo?