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That's fine Arn, but TDAmeritrade made it seem like after Sept.28 we wouldn't be able to Sell. I believe that led to SELLOFFS(Panic) in Markets 25 Days before SEC DEADLINE. PPS for most penny stocks would not have plummeted as badly as they did from 9/3/21 to 9/28/21.
Arnie, If everyone can only sell in US after Sept. 28 deadline, Why did Most Brokers(TDAmeritrade,ETRADE) start Sept. 3 with restriction(they basicly started deadline early.) They drove down prices even more by doing that. They said they were helping investors. HOW?
He talks like ASTA is Only company submitting Financials, There are Thousands of Companies. Maybe he thought OTC would do it in Alphabetical Order!
That's good Asta has submitted, Only problem is as I have said, OTC has Thousands of companies to go through with the same story as ASTA. Some gave Financials 3 months before deadline and still waiting, ASTA gave financials 1-2 days before. What a nitemare.
Some are saying it could take till after XMAS or New Year to get all Companies Current. Some may need Audits and that's another 6 weeks on top. Bad times for Penny Stocks. Companies have Zero Control, and are at mercy of OTC.
Just looked it up, Audits of Public Companies usually take 3-6 weeks depending on Size of Company. Already 3 weeks now for LLBO, so hopefully Soon.
Investors tend to Panic when PPS Plummets and see their accounts diminish. Especially when there is limited buying.
Doesn't OTC in 2019, report results to SEC when LLBO became Pink Current on 8/13/19.
You can sell in US also, you just can't buy in US. MM's control your selling price., it's the selling that is bringing PPS down to .0030's. Hope Panic doesn't set in.
That's what I am saying, LLBO's Audit should be completed if it as empty as you say, I just think Cyrcadia ownership is throwing wrench into this. We shall find out as you say.
Just Googled this--- Is LLBO associated with CyrcadiaHealth? this was the answer---Cyrcadia is a Privately owned company, based in Reno, NV. Cyrcadia has achieved 3 Patents through Lifeline Biotechnologies(LLBO), which is a publicly traded company that owns 30% of Cyrcadia. When did all this change? >>>It does not say 30% of Cyrcadia stock only, it says 30% of Cyrcadia.
Audit began about 3 weeks ago. Company(LLBO) this size can't have much to Audit. What is normal timeline for Audit? Anyone know? >>>>>Maybe because Cyrcadia is basicly Attached to LLBO as a spinoff Company may slow Audit down. Just Guessing.
MM's have walked PPS down from .0025 all week each day .0025,.0020,.0015,.0010(Mom.-Thurs.) >>>>>Possible .0005-.0010 tomorrow? How Convenient.
Only purchase today >>>>5000@ .0010= $5.00. What would be the reasoning for that? Sounds like MM's want a LOW Launch Point when LLBO gets current Maybe.
GetSer, But which avenue is Acropolis taking, SEC or OTCIQ, or are they doing both to get LLBO Current(whichever is first to act)?
Today makes 3 weeks for LLBO on the Dark Side. Hopefully good things happen soon.
Thanks Get, So is Acropolis trying to get LLBO Current through SEC or OTCIQ or does it matter? I believe SEC way is more expensive.
Wonder how many more Days or Weeks LLBO is going to take to become CURRENT. Frustrating!
B, Just seems like when non currents become current no matter what the Shares outstanding are, the PPS is Flying up very quickly like everyone is trying to Buy in.
Symbol FRMA became Pink Current overnite. It closed at .0011 yesterday and opened at .05 today, reaching .11 then retreating back down. LLBO will rocket up also when becoming Current. Everyone has to pay attention, LLBO could be a Life Changer!
Only out of country Brokers can trade.. And Quest Trade(Canada) won't take U.S. new Accts. Most are stuck just selling at random PPS. No Buying. ASTA may have to go through SEC because OTC is not allowing some Financials because they are scrutinizing everything.
Arnie, Someone sounds Cranky in the early morning as usual. Wow, Have a another one before last call.
That's what I am saying Arnie, Whoever merges with LLBO has to make sure that ownership of 35% of Cyrcadia Shares is in effect when they Merge with LLBO, that is a lot of Value for them. Doesn't that have to be disclosed to Merging Company by Caren Currier?
Another NonCurrent similar to LLBO just became PinkCurrent. (IFXY) Went from .0030's to .0157. LLBO should also have the same PPS when they become Current.
Arn, I just wanted to show you the completed form 10 that eventually LLBO will have done after Audit. At least we know things are happening.
Sorry Arnie, Google (KATX form 10 Caren Currier)
Arn, If you get a chance Google( KATX Form 10 ) and it shows the Form all filled out with Caren Currier name on it. LLBO is next after Audit.
Arn, it just sounds like the private companies that merge are doing it to raise revenues for their own company by buying a shell company and don't really care about the company they purchase. Just my opinion they do this so they don't have to pay for IPO.
Quest Trade allowing Buys of NonCurrents. Only Problem is US Investors cannot open an account. It is a Quest Trade Rule. Rest of World can join.
Only thing is whoever merges with LLBO has to keep the 35% Share agreement in effect that LLBO has with CyrcadiaHealth/CyrcadiaAsia. How else does Merger Company get in on CBM/ITBra if LLBO is empty shell?
Thanks GetSer, that's good news.
Thanks GetSer, Is this process really going to take 60-90days or is there a quicker process?
If ASTA decides to go through SEC directly instead of OTC, Form 10 they fill out takes 60-90 days.
Look who's calling the kettle black!
Filing Form 10 with SEC sometimes takes 60-90 days. This may be a long drawn out process.
GetSer, If Cyrcadia IS Holmes as you say, How is Cyrcadia not included as asset in report to get current. As CEO of both companies with Share Agreements betwen companies, Doesn't Acropolis have to include Both in Merger Conversations with new Company. There has to be Full disclosure.
Get Ser, What happens to Holmes' 180 million restricted shares. Are they just gone?
Arnie, Wonder if JHolmes and Family(Bernardis) are in contact with Caren Currier and Acropolis, not to mention what Royea thinks of all this.
Arn, See if you can contact JHolmes or Family and suggest or ask what they think of Mergers with Cyrcadia.. Maybe they can contact Caren Currier and suggest it. Just a thought.
Since Rob Royea is back in US looking at Trials and FDA for Cyrcadia America, maybe Cyrcadia Asia is thinking of a Merge with LLBO as a shell Company instead of the long and expensive IPO route a Private Co. has to go through. Is that Possible? They can also raise Funding once LLBO is Merged.