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Oh Elvis, you keep proving my point. Keep it up.
Trying to pretend you know what's going on proves how little DD you've actually done. We'll leave it at that :)
We don't have that insight unfortunately. We know that it was $1M upfront and then $1000000 in shares 6 months later.
We know as of the last PRE14C Korangy has nearly 8M shares, but how many is from compensation/commission vs CareClix buyout, idk.
I wonder if the $2M went to pay off the other owners, while Korangy took the stock instead.
That guy is well off, probably didn't need the money and saw a future for CareClix.
Budhrani is the CEO of Innovation Health. Maybe he felt that was the safer/more lucrative role.
Yes you can.
I've read all their filings so many times that I don't remember exactly where this was mentioned, but they did say in one of the filings that it would cost them more than $2M to go out and get a completely new software created similar to CareClix.
If all the owners of CareClix (pre purchase) agreed to $2M, then the $20M doesn't matter. The $20M might have included their current book of business, which as you know wasn't included in the purchase.
The $20M could have been to completely remove everyone, but maybe the $2M and keep Korangy as CEO was a better deal for him in the long run.
If the software is actually worth $20M, and we purchased it for $2M, then the difference would be found under goodwill/intangible asset.
"which is how crappy fraudulent gray market stocks operate"
Crappy, fraudulent gray stocks don't actually engage with accountants to get their filings completed. Fraudulent gray stocks, normally don't even have a real business.
So, please provide any sort of proofs other than your trading experience. SOLI is completely different compared to all your other grey stock losers.
I agree they shouldn't make statements without knowing but they gave an expected timeline, not a guarantee. Didn't you feel better seeing the company address us? It's been half a year since we heard anything.
Some were saying this is dead, just like all other grey stocks, while others were saying no, they are still alive, they are still growing, they are still hiring, so seeing that 8K should have provided some relief.
I was happy to see it. I would love to see the financials come out by end of year, but if they don't, I don't think that takes away from the message that they are almost complete.
It's pretty wild, I agree.
Filing is expected before year end.
"that is not ambiguous--it is clear--by year end--this year"
Expected; regarded as likely; anticipated.
In what world does likely = guaranteed?
And it's completely dead here lol.
KAVL's true valuation will someday come to light!
Follow the history man, thats the control block.
Filing is expected before year end.
That doesn't look like a promise nor guarantee. Maybe you should share the definition of guarantee with them, considering how well it works out for you :)
Until 12/31/2020 comes and goes, I assume they will be filed. If they aren't, then they aren't.
I'm under the same assumption as you; all 2019 filings will be filed by end of THIS year, with Q1, Q2 and Q3 of 2020 following it up, and the 2020 10K by it's March 31 deadline.
Looks like the buyers know the fins are coming.
Long time no see!
Hope you are doing well also. TSNP what a move man, I got none of it haha.
It's funny how whenever we try to compare SOLI to the big boy companies we get told we can't do that, but then others can compare us to the big companies and it's okay.
Can't have it both ways if you ask me!
There are an unlimited amount of reasons for them to be late on the financials, but that's not where most of our focus is on.
Financials will come when they come, and when they do finally drop, say goodbye to .30s.
No, that's not it. I found it digging through old versions of their website...
https://web.archive.org/web/20191117090229/https://careclix.com/remote-patient-monitoring
Features
Our Remote Patient Monitoring (RPM) solution comes with a variety of features, including:
Support for 200+ Devices
We integrate with over 200+ medical devices that cover 10 key vital signs. This support allows you to expand your telemedicine program without having to buy new equipment, saving you money.
24/7 Patient Access Portal
RPM is great for your patients as well. CareClix provides them with an online patient portal so that they can log in at any time to view their records and medical standing, as well as communicate with their care provider.
Comprehensive Dashboard
Our Platform allows you to manage patients through a single, comprehensive dashboard. You can customize patient data, integrate their EHR, and run analytics tools to report on and assess patient data.
I thought their old website mentioned the total amount of devices that CareClix software integrates with. I can't remember what that number was though.
I'm going to do some looking around to see if any of the current Telemedicine companies utilize wearable devices.
Cause we're waiting on finalized financials...
The crumbling of the last few months? It's been wild for a while, gotta book those year end profits!
I don't even know what you're arguing at this point. Yes, the 211 is as simple as becoming current and posting financials.
Back in April they were being worked. I don't know if they were ever submitted to FINRA, but I know SOLI and Glendale were working through the questions at that point in time.
If Glendale said they can't file the 211 until financials are complete, then obviously that stopped the 211 from being completed.
I don't know why you try to make this so difficult. All you're doing is confusing yourself, most investors here seem to understand the current situation.
What are you talking about?
You claimed SOLI should just take the SEC to court for wrongful suspension. You realize that would cost money, money that would go towards a lawsuit that most likely wouldn't get them anything, so it would be a waste of money, when all that money can go towards the business.
The easier way out is just refile the 211.
File a new 211 form with an MM.
A form was filed with Glendale (the MM who brought us back last time) back in April I believe, but that's when they went delinquent on filings, so before anything else can happen we need the financials posted.
Never market order on OTC stocks, you're asking for a beating. You could have sat at 14/15 and it would have been chipped away.
Don't forget CNGT is in the infancy of moving forward with grander plans, so these old reports don't speak to the future.
Good luck with everything.
On November 16, 2020, the Company issued 6,000,000 shares of its common stock at $0.0011 for the conversion of notes payable.
On November 23, 2020, the Company issued 8,000,000 shares of its common stock at $0.0018 for the conversion of notes payable.
On December 4, 2020, the Company issued 5,307,100 shares of its common stock at $0.0022 for the conversion of notes payable.
This explains some of the downward pressure from the past, but volume wise they weren't that large of hurdles compared to avg daily volume.
Once we get over this .015/.016 area we are golden, but so stubborn!
You don't have 60+ employees if you have no active users Elvis. Common sense.
This .015 is so stubborn.
HOD close would do wonders for the chart. Let's see it!
The chart.
Hasn't been able to hold any pops, despite looking like dilution is done.
I have some 003s and will buy more if it gets down there again.
With the flipside being, you being proven wrong, just like since Day 1 :)
Still in the works is my guess, since a lot of the information is just repeated, but I swear that list of partners keeps growing.
Looks like an update to the website!
Yup, broken link means no leadership.
You can't make this stuff up lol.
I'll wait it out, but thanks for your concern.
Registrant has been engaged in completing a restatement of its financial reports contained in its previous filings on Form 10-Q for the periods ending June 30, 2019 and September 30, 2019 and completing the audit of its financial statements for the year ended December 31, 2019 to include its Form 10-K for the year ended December 31, 2019. The restatements and audit have been difficult but are in the final stages and the Form 10-K for the year ended December 31, 2019 is nearly complete. The filing must complete final review of our independent accounting firm and will then be filed. Filing is expected before year end.
Hey Huggy, why don't you show us why we shouldn't believe what the company says.
We'll wait.
I'll follow the external DD that shows a growing company, a company inking deals with municipalities across the US, working with global health companies, etc.
Bring something real to the table for once. Maybe you want to bring up how CareClix Network isn't CareClix Inc? lol