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Thank you Chuck9
Arsenal that makes perfect sense. Should not really be anything to worry about then. We knew already conversions are having a hard time with the float locked up. They are probably just making sure they get their due in the end. Thank You for looking at it.
https://www.pacermonitor.com/public/case/44786421/ProActive_Capital_Partners,_LP_v_Sysorex,_Inc, I do not know if anyone on here can access these things (I cant) But it would be nice if anyone has any insight on this June 03, 2022 filing against Sysorex.
Its not just mining equipment. On March 24, 2022, Sysorex, Inc. (“Company”) executed Heads of Terms (“Heads of Terms”) with Ostendo Technologies, Inc. (“Ostendo”) which includes certain binding and non-binding provisions. Pursuant to the Heads of Terms, the Company and Ostendo agreed to certain terms related to the Company’s sale of approximately 75% of its Ethereum mining assets and certain associated real property (“Assets”)
It sure is an excuse, They pretend they read it, Pretend its a new filing, Pretend when it was originally filed they were not saying the same negative things. It was a date change simple dotting the I's Crossing the T's for the deal to be made.
It was simply REFILED to correct a previous error.
Restatement of Previously Issued Financial Statements
As discussed in Note 1A to the accompanying financial statements, the Company has restated its 2021 financial statements to correct an error.
Bottom line is nothing has changed, If companies like Bigger is involved in believe in this company and deal, Then the share price will reflect it soon enough. If they never believed in it, It would also reveal itself soon enough. The chance you take in all stock is speculation first thats where money is made. And then you stick with it as the facts come in. Or you dump it if they do not come in. I will be staying and see what direction it takes the next couple of weeks. All on time reports, and on time 8k all the money spent on keeping listed in the OTCQB is not something a failing companies does.
So if there is no 8-k today some are leaving? Im staying will add if it dips. I see to many variables with the final deal being made exactly or a ffew days after the 24th it could come any day. Or they can wait a bit if agreed on by both parties, I see it rising no matter the date, But if mms smell blood in the water with investors their will be, But back up it will go no doubt
What is the point of posting these old articles from 2021, Did I miss something. Explain
The sellers should have read my scenerio for todays trading before they panicked and sold
You expect a huge announcement in a compamy, The market makers decide lets play with the traders that are weak hands, they lower the price on a run down you cant figure out. You jump ship and experienced traders stay based on their research, BOOM the stock shoots up leaving multitudes saying oh no why did I sell again this always happens to me
Buy Alerts going off everywhere
Added anotther 300,000 so undervalued patience pays off with this gem
Theres no delay who says they need to announce it the second its completed? and this stock will do fine getting to the levels it needs to just based off of speculation, the financials and government contracts, and way undervalued unless you are a seasoned trader flipping shortt term is never a good idea. Especially with a stock with such great potential as SYSX
Zombe, Very understandable insights you are having, I believe many are wondering what exactly is happening behind the scenes. I have based my purchase of stock here, More on the valuation of SYSX first which the stock price should be at least around .11-.20 and then on to the Ostendo deal, And the very good informative posts that have been placed on this board and of course my own research. Their is so much going on in the background here that its very hard to figure out until the asset deal and announcement is made. Which could come at any moment, Then a quick FOMO.
It is not a merger, Good job you figured it out. It is a sale of certain assets for shares in Ostendo. The speculation is possibly a merger, Speculation is what investors look for early on. As far as what assets are worth and why they are making the deal. Apparently your low quote is not what Ostendo and Sysx think they are worth. They are money making machines simple. Their are government contracts, Patents there is much more to this then simply selling some computer equipment. Take some time read through the posts, Every day someone new comes along and someone answers the same questions. I have a feeling the ones with real knowledge are a little worn out answering what they already have answered a hundred times and are taking a time out from this board
We have all read the filings, So what exactly are you trying to figure out with the 23rd. Your posting on other boards the same thing, Do you have some kind of question to ask. Or just sowing doubt.
Your right there is no pre market, but folks can put in buys ahead of time and mms rise the prices accordingly. Just watch any OTC that has news pre market
Great I would buy a ton more, because recovery would be swift, as this company is way undervalued here even without Ostendo, So go away
Its simple. SYSX is extremely undervalued here. Even without the deal with Ostendo. So you can relax a bit, I have been here waiting just for the rise in price strictly for SYSX and when the deal goes through, Its just triple icing on the cake
I know the article is a little old but same talk on the street
On a low float stock especially one that is locked up, This is how they move, No Rhyme no reason. Drastic moves, When the volume increases much higher you will know the real direction of this stock. If your use to OTC'S with billions of shares you do not see the drastic movements unless they really are being manipulated. Know what you own, and make a decision because those high volume times are about to begin.
Anyone care to shed any light on how many times your stop losses got taken out, only watch the stock fly later
Would not matter if they held off on the deal another couple weeks, This stock on its own is still under valued and should be trading at .15 or .16 cents alone. Or even more with new things coming out every day. So no one panic
Yes I noticed it I posted it on here, Everyone was just talking about bots and MM Manipulation and missed the important post. I am glad you picked up on it, and everyone is in a better mood to now read it.
Somethings brewing
Bigger isnt the only one that holds millions of shares. There are plenty of us trust me
https://www.otcmarkets.com/otcapi/company/financial-report/333218/content 5/16/22
https://www.otcmarkets.com/otcapi/company/financial-report/279781/content 4/26/21
The following is a complete list of Officers, Directors and 5% Control Persons (control persons are beneficial owners
five percent (5%) or more of any class of the issuer’s equity securities), including name, address, and number of
shares owned. Options and warrants that can be converted into common shares within the next 60 days should be
included in the shareholdings listed below. If any of the beneficial shareholders are corporate entities, provide
the name and address of the person(s) owning or controlling such corporate entities.
Again as I previously posted. SYSX in their recent filing addressed shareholders (look it up), They could not address the convertable shares that were requested to sell possibly leaving the company in default, Because the float is locked up. Bigger bought multiple millions of shares and sold with a huge profit, Shares are freed up now because of that quick sale for the company and now allows the requested convertable shares to be sold so they would not default, Bigger steps in and purchases another huge purchase that would convert way down the road. Leaving the company in a great position. Allow those convertables to hit the market so the company wont default watch the price fluctuate and then move up, If I am correct The MM'S are actually doing a good job overall keeping the buys and sells close to each other and the price maintaining a good level, I believe these are your bots as you call them, Selling requested convertables that SYSX would default on which is worse for the company then price fluctuations. And the future will be much clearer and more productive in share prices rising. Its not manipulation per say, The good news is buying is continuing as shown in the price holding its ground. Take it or leave it. But it puts a face to the real issue happening
No ones desperate to sell. Exact reason volume is still low. Your desperate to get it lower. Desperate sellers lol thats funny
Remember flippers. ON or BEFORE the 24th, love to see you get caught off guard if they announce early
I would not call them all fools for selling, Some do not have reserves of cash laying around for all the ups and downs, Some set a price in their heads to sell and they do. Others know how deceiving the OTC can be for even experienced traders and do not want to chance their profits. Some do not know what they have invested in and get scared out. And some listen to the fools that pump and pump or bash and bash. and then disappear as fast as they came. The only boast anyone can make is after they have sold a stock with profit. Not that they still own it and hope to. For the sellers I hope you did ok, I believe their is much greater potential here and I purchased even more. But until I am out with a profit I have no boast, Or as what has happened many times in the past I was the fool.
Listen. The float was locked up. They could not adress the shares that were requested to sell possibly leaving the company in default, Bigger bought multiple millions of shares and sold with a huge profit, Shares are freed up now for the company now allows their shares to be sold so they would not default, Bigger steps in and purchases another huge purchase that would convert way down the road. Leaving the company in a great position. Allow those convertables to hit the market so the company wont default watch the price fluctuate and then move up and stop whining
I sold to 1.5 millions shares at .105. Then bought back in 2.3 million lower at the same cost. And had many more shares still holding just like Bigger. Are the people here here to make money or hope to sell at 3.00 once. Everyone here should know this experienced traders buy and sell and buy back, They just dont tell you but I did so you learn a little. On a run set your price and sell on the run , it will come back down 98 percent of the time and buy more if you still like the company as I do, if you dont who cares if it runs more move on to the next one with more money in your pocket
Im still here for the same reasons Government contracts in the millions. , on top of millions of assets. On top 750,000 profit. And an almost done deal for 58 million shares in Ostendo. Even before that happens company is way undervalued in share price, If. Bigger is your biggest concern, Then your biggest concern should not be such a big concern.
Bigger selling high common shares though he holds many more millions then the ones sold. came as no surprise. They also hold millions of debatures and warrants that SYSX stated they could not fullfill along with other holders of such. And SYSX was attempting to renegotiate better deals with those holders for them to wait for an uplist, I do not think they pumped and dumped this stock at all. No one knows whats in the works here. Except that the companys float shares were locked up, I could be wrong because any speculation is wrong. But who knows what deal SYSX made with holders as they attempt to move the company to Nasdaq. This could have been a very positive tactical move to avoid defaults on the 14 million still owed. And play well for all shareholders soon
I bought based offf of the original value of the price being way low. Stop worrying at these prices. Those funds can buy and sell and buy again over and over, dont be tricked so easily still great value here