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LOL, I was just going to say the old MRI* crew is on this... Sup, brother??
sup homey_g!!!! Hey, what is going on with $BLDV other than the reinstatement?
next stop 50 MDA on $ECDP
Nice work, PP.
$BLDV - Something is up for sure.
Reinstatement being filed in NV news released.
OTC Markets current
Look at the players on the board...
Keep a close eye on this one, PP.
$FWDG - I'd hold off on that one until we see VFIN done selling and the issuer can substantiate some of what they have reported (i.e. revenues from contracts) and at the very least a S-1 filing for one or both of the subs.
I have read emails from Talari to shareholders. He ought to be ashamed for speaking the way he does to shareholders. Better not to respond at all. Hear me?
$FWDG -- this turd is trading fairly nicely.
Whatever happened to the sponsoring market maker they were going to get? LOL
Anyone see the SMM on L2?
smh.
$GRCU --> look for bottom reversal confirmation on 2x volume cross here.
Next one to have a nice rally :D
$ECDP -- I loaded that when I saw volume cross about to come in.
Here is me on Twitter, PP:
$ECDP, ready to bid tomorrow and all of next week, peeps.
— BB2STOCKS (@BB2STOCKS) April 16, 2015
Well, virtual or not, they are a foreign corporation in CO so they do need "something" in that State. CBS is a FL domestic corporation, name change from HempRx, remember?
I don't have any issues with CBS having a virtual office in CO. I don't think it was fair of the old CBS team to have accused on social media that FWDG was engaged in illegal activities. Those are strong words. Even if people disagree with the idiotic management team of FWDG, there is nothing illegal about how they're running the company. Just crappy management, IMHO who likes to insult their shareholders.
PP did I give $ECDP to you last week? I gave it to the NFD, don't know if all loaded but I am IN. Check the board, my chat with JT (Flex). ;)
Hi mick, long time. I believe a reverse merger will occur on $NUVI and it is related to the October MOU. It doesn't make sense to consummate just this one deal but to have the new company come in and to start from scratch. I spoke with a representative of $NUVI who couldn't give me details (of course) but the impression I got was that an announcement will come shortly.
Also, kindly note that the CEO holds 40% of the O/S hence it is highly likely that that there is a holder of another 11%--my guess is that the last debt conversion which completely cleaned up the books for the R/M created the required 11% B/O to consummate the deal and effect change of control.
Nice board, PP.
$NUVI --> check out this low floater
Outstanding Shares 35,500,000
Insider ownership 14,000,000 (CEO, CFO, 40%)
Float 21,500,000
No convertible debt, L2 clean (no diluting monkies) and thin.
Fully reporting issuer.
Material event to come SOON:
http://www.marketwatch.com/story/emo-capital-corp-nuvi-and-i-omni-co-sign-mou-2014-10-16
Emo Capital Corp. (NUVI) and I-Omni Co. Sign MOU
Published: Oct 16, 2014 8:30 a.m. ET
SHANGHAI, China, Oct. 16, 2014 /PRNewswire/ - Emo Capital Corp. (otcqb:NUVI) (the "Company") is pleased to announce that a memorandum of understanding (MOU) was signed with I-Omni Co. Ltd. of Seoul, South Korea (I-Omni). The MOU is part of an ongoing collaboration to roll out a domestic market distribution of a new line of customized compression wear. It outlines additional terms between the two parties specific to the joint effort to develop a new compression wear clothing line, including sales and support channels in the U.S.
I-Omni partnered with Dong Seoul University to design a new line of custom fitted compression clothing wear that provides support that is particularly useful for people who have body support and or circulation issues. Currently an application for a method and apparatus patent for designing and fitting customized compression wear is being jointly made by I-Omni and Dong Seoul University.
Management commented, " A definitive contract with I-Omni will be next in the works which will solidify our strategy to deliver the highest quality compression wear technology."
The Company is focused on satisfying growing U.S. consumer demand as the compression wear market surpasses the one billion dollar mark in value. Consumers continue to show interest with further innovation and evolvement in compression wear garments. This agreement provides NUVI with another product to help deliver significant company growth by diversifying into other health style related products.
About Emo Capital Corp.
Emo Capital Corp. is focused on health, fitness and beauty care products, produced from all natural ingredients. Our product line consists of naturopathic tablets that help combat lifestyle setbacks including obesity, lack of energy and erectile dysfunction.
Safe Harbor Statement
This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release only speaks as of the date of its distribution.
SOURCE EMO CAPITAL CORP
Copyright (C) 2014 PR Newswire. All rights reserved
Nate, that is the question...They (Futureland and HempTech) have contracts with Colorado Flower Company to the tune of hundreds of thousand $$ per month yet they can't pay off debt. From what Bill Short and the old CO CBS team told me (and yes, there are always two sides to a story) but the company could not even pay salaries on time let alone the rent on the little house that was the "CO headquarters" for CBS...
Gotta ask these questions, you know? It's been quite some time since those contracts were signed so where is da money?
...hear me?
The company is now an expert on trading? Tell them to focus on running their business and get some cash in the books to pay off debt.
OK, getting back to all the PMs now, and my comment on $OCLG is this:
First of all, it goes without saying that it is hard to find an OTC player like $OCLG and this is why it earned the attention of many late last year. A revenue generating OTC is rare and the thing to watch is the debt instrument it has in the books relative to revenue and cash flow.
Having said that, I like the fact that $OCLG is making strides BUT I was a bit disappointed to see that it did not meet the projected quarterly revenues and its balance sheet is still turned upside down.
It looks a bit over-leveraged for now due to acquisitions but this is something that can be cured with more top line revenues coming in.
They're going to take legal action against people for having an opinion of stuff that they either filed with the Commission or released on social media? People's opinion of what they said would only be false if their statements were false.
Criticisms here and on other social media platforms are well warranted.
It COULD. BUT, FWDG could also show evidence of advancing efforts that all can verify and I don't mean their idiotic FB posts of cut & past from sec.gov. Good luck.
True, but here is the trick. FWDG does not have to pay out dividends on these spin outs. There is no law that states that the company is obligated to pay dividends, and secondly because this is a stock dividend payment we have to keep in mind that shares of both Futureland and HempTech have to be registered with the Commission (SEC) in order for them to be free-trading, and the completion of the process (the "approval") is not up to FWDG. It has to be approved by the SEC (in other words, registration of shares declared effective).
The Company stated that if they weren't able to get the shares registered, they might issue restricted securities (unregistered shares) which is subject to a 6 month holding rule for a reporting issuer like FWDG as well as tacking rules.
Your broker--depending on who they are--will accept transfer of these restricted shares into your account and flag it, but may charge you additional fees to administer 144 on a sub-penny.
Hope this helps.
There are a few events that must take place on $FWDG in order to get the stock price back up:
1) All convertible and aged debt DONE news - given the company reported several events stating that they'd generate considerable monthly revenues, it is absolutely puzzling as to why the company is unable to settle any of these now aged debt in cash. Many issuers with revenues have made efforts with lenders and successfully settled in cash some, if not a big portion of toxic debt so there is really a big disconnect here with $FWDG. The Company has money to buy small amounts of shares in the open market but they can't pay off debt or pay employees on time?
2) All filings updated for HempTech and Futureland + S-1 filings -
As I have opined last week, the record date changed after two 8-K filings. They said it was "due to confusion" but I don't think the confusion is on the part of shareholders or investors. IMHO, this is about lack of visible, verifiable activities to advance the spin-off, stock dividend payments. We are looking at corporate actions with processes that do not happen over night or by the end of this month due to both the SRO (FINRA) and the Commission's involvement. So to spew crap on FB stating that "all that buy shares by 4/17 will get divis" and to push back the record date simply looks gimmicky that is not well received, and the share price spoke clearly today. Someone with a lot of market experience will point out facts, and the fact of the matter is, these filings involving regulators do not go at the issuer's pace.
It already did. 0026. VFIN is still in the box and might crush it down to 0018 level which is the lower bollie on the 60/20 chart.
I'd be in absolutely no hurry to bid this.
Again, you are incorrect in your understanding of how these notes work in practice. Secondly, if VFIN were converting, it would not be a one legged monkey on L2. What kind of look back period does this note have? Does it convert at market, discount to market, at a set conversion price? How does this work with FWDG's lenders?
Sorry, Strong. You are wrong. If the note were dated October 20, 2014, the lender does not get to convert today or now because it is 180 days plus 1 day from date of note (or technically from the day that the note is fully funded) and it takes up to 2 weeks for the 144 paperwork to go through with the T/A and the lender's broker once the 180 days holding rule is met.
Did you forget about the Reg D filing? Surely you haven't.
How much debt did FWDG take on last year from the PP? Are you telling me those are still being converted? Nonsense.
Unless every trade vendor of all of FWDG's subs took papers in lieu of payment, this is aged debt (Talari's) conversion we're looking at IMHO.
But we can disagree, I don't care.
YW. Remember when you were going back and forth with Talari and Cox about the O/S on the 10Q and Talari told you that the number reported on the 10Q was incorrect? He was not lying about that. Per Cox, Talari pulled the conversion with ClearTrust in light of the O/S banter ("was not consummated"). Most likely, ClearTrust was looking for additional info to clear the cert. It appears that pulling of the cert was short lived, and Craig Huffman who has a long history with ClearTrust and Mr. Kennedy might have written a nice legal opinion letter.
IMHO, this is breach of fiduciary duties on two counts: one as chairman of the board and the other as the controlling shareholder who has duties to smaller shareholders per DE corporate law.
Because I am convinced that this VFIN seller is an insider and the O/S is actually near 900MM. Do you remember the O/S banter, the discrepancy of 400MM shares and we have learned from Cox in an email to a shareholder that that was Talari attempting to convert past due debt? I think that went through because he is the sole board member and the only thing that ClearTrust needs is consent of the board of directors. Since Talari is an insider, he is subject to insider selling rules. Don't bother even asking for Form 144 or share issuance to various parties since late November 2014, they're not going to provide that and will threaten anyone with comments from Huffman.
Refer to Rule 144, restricted shares, insiders/affiliate selling rules.
It is a good thing when the CEO buys in with his own money, however the Form 4 that came out was not Talari's purchase but a purchase done by the Company, FWDG. The company has been buying shares from time to time, not many but still a purchase. I was pointing out this fact as a comment to another poster who saw a disconnect in the # of shares owned by Talari and the filing, that something was wrong...
smh...this is NOT a purchase by Sam Talari but a share buyback by the Company. Read the Form.
Be patient before you load. VFIN can now sell 8MM per appearance. Gap has to fill and rest of the broke turds have to get some cash out. Look for test of 002 range again.
GM Flex, BB here. Reviewing the annual report and recent volume together for this issuer, it looks like ECDP could announce complete elimination of convertible debt shortly. I did not watch trading on Friday but based on what the rest of you saw with VNDM showing size and marking out, it looks highly likely that some major news could come down the pike here.
Bidding ECDP today.
GL, all.
This issue was discussed several times yesterday. Ex-date cannot be determined at this point although newbies, IMHO, have been strung along to buy up papers for a stock divi payment that could NEVER come. The ex-date will be determined by FINRA, usually one day after distribution date on a stock divi as contemplated here (LOL) but again many other factors will determine whether a distribution is even possible.
FWDG likes to use the word "soon" often, and the word is of course relative. Could be in 2 months, or in 2 years. Of course, as long as they use the words "soon" and "anticipate" they could not get in trouble. Typical.
Look at all the buyers looking to claim divis today, LOL!
weeeeeeeeeeeeeeee, lmao.
No animosity. They're pretty much broke. Wondering why if they have all these contracts and leases.
I did but URVAPE and FWDG are near broke and can't afford to pay for anything. Did you forget that the old CB team were evicted from the house for non-payment of rent?
The word is URVape won't be spun off but possibly combined with something else.
Everyone sold if you haven't figured it out. Look at the chart--that is selling but all still here chatting, right?
Now you're blaming "shorties"? This gets funnier by the minute. Hey, did anyone follow up on Talari's attempt to cash out 400 million shares or is that being ignored? When is he going to file a 8-K for the $200K he was converting at 4.2c?
You're right. The so called longs will attest to the fact that this is the same story line as Infrax divis that never got paid.