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Does the 10Q summary when filed reflect the merger
I looking at the report which is required below returned from meditation. I am hoping there is some movement on the settlement. Returned in my opinion means there was settlement. Now what is going to happen Court wise. Would be nice to have a settlelment.
adr Report of Mediation(Settled/Unsettled) Wed 06/02 10:20 PM
REPORT of Mediation Unsettled Both parties must submit a Mediation Report which can be found at: https://www.nyed.uscourts.gov/adr-forms. The Mediation Report must be e-mailed to nyed_adr@nyed.uscourts.gov within two weeks following mediation session. Mediation Report due by 6/16/2021. (Priftakis, Tina)
Tue
Would like to see some movement on settlement.
Lawsuit needs to be settled I hope before M&A announcement. First it would drive the price up and second if M&A does come and day traders get on the band wagon we could, speculative of course, have a great run. Did anyone check the filings to see if a report was due today by both parties to the meditation? If you can please do so.
When it is thin on the ask is that a good sign for the price rising?
Thank you
Don't they have to file the NT today.
If today is the day for the 10q or NT when do you think it will come out?
if we get the NT does everyone feel the price will go up? Or will we have to wait to next week?
Thank you for your posts
Thank you much starting to feel this is looking good. Naturally always hard to call.
What is NT?
Hopefully thank a settlement to the lawsuit is near. I would like to thank you for taking the time to send me this information. Also, thanks for the up on otc markets. I have been using for it appears too long TDAmeritrade news. Not exhaustive enough. Thanks again.
Let's hope a settlement of the lawsuit coming very soon. If not, the M&A should take place as soon as possible. The market is hot and now would be the time to take advantage. Otherwise, if the parties are waiting for the lawsuit to settle after the M&A the current value of the CNGT stock will in my opinion dwindle. The next two weeks are very telling.
You mean CNGT added two million more shares to unrestricted stock? When did this happen and thank you for the posts.
If we can make it without any bad news to the 15th and the 22nd I feel the percentages go up for an M&A. Also, would like to hear settlement news on the lawsuit if prior to M&A and then M&A stock will rocket. What are your feelings Professor.
Here we go with the Day Traders in paradise ala CNGT. Next week we know will hear something. Kramrer will it close up or down by the end of the day, prediction please.
What does the GM mean in front of the CNGT?
True, but the Day Traders are making money in the interim and where waiting. Just my opinion, thanks for your posts.
Day traders Period
Until we hear some news on the lawsuit or the M&A price will not be high. Day Traders are now in control.
New York and yes then do and just wanted to find out what date they start sharing the same address.
Excellent
The question is do Cngt and Recommerce at this point share the same address?
In short Sello, is the sum of your Research nothing has been done to finalize the Merger/Acquisition.
Wait I thought the address of Cngt and Recommmerce where the same, this is not true, secondly I also thought there where moves Recommerce made that demonstrated a change in corporate structure, this is not true? I thought I read where Sanguine had made investments in Cngt if this is true I feel this could be a hold up. In short, does Merger/Acquisition change the status of Sanguine's investment? So Sello would it be fair to say there is nothing that has be done towards the Merger/Acquisition.
Added to next week is the meditation report:
adr Report of Mediation(Settled/Unsettled) Wed 06/02 10:20 PM
REPORT of Mediation Unsettled Both parties must submit a Mediation Report which can be found at: https://www.nyed.uscourts.gov/adr-forms. The Mediation Report must be e-mailed to nyed_adr@nyed.uscourts.gov within two weeks following mediation session. Mediation Report due by 6/16/2021. (Priftakis, Tina)
Could we hear a possible settlement by then? Next week will be interesting.
I would like to add in my opinion I did not practice in Federal Court arbitration or trial. Let's hope this settled shortly.
I would like to hear something on the lawsuit. If there is no settlement then are they on their way to arbitration.
If they do file late it may be as a result of the M&A. If we do not hear about M&A the chance of filing late is 60 percent. The question I have does the 10Q normally contain information regarding the M&A or the attempt at an M&A?
Thank you for your response.
This Merger/Acquisition is more substantial than other penny stock M&A. CNGT is M&A with a company that has 6 million in revenue. Therefore, the risks are great, but so are the rewards. We will hear something by June 15th from what I understand is when the 10Q is to be filed. Correct me, Pennystocktrader if I am wrong on the date.
Remember this failed once before. The lawsuit is not helping. Hopefully we will hear something on that soon.
If next week the 10Q is due on the 15th, we will either get the 10Q or an extension if the Merger/Acquisition is still continuing. Should be a very interesting week, however could even come out with the extension this week.
Did you ever see a Merger/Acquisition that took more time and passed deadlines, but was still completed.
No news beyond date for Merger/Acquisition, however this is a day traders stock and subject to quick changes.
Do you watch OTCMARKETS.COM to find your penny stock picks?
No doubt, if the Merger/Acquisition goes through and, day traders run could be a giant winner. But, remember the Harvard article I posted, 70 to 80 percent of Mergers/Acquisition fail. Therefore, people, not logic will play a larger role if it fails.
Hope so first hope we get a settlement. Then the Merger/Acquisition. Could be a long summer.
Correct, I just looked at Edgar and then filed a 10Q on 3/22/2021. Remember, discussion aids in finding information. I stand corrected.