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OK. (Keith read the entire post before you fly in to save the day!!!!)
Just to cover all scenarios, since I've seen this happen before, are there any protections to prevent Sharp or anyone else from selling share out of the 1,875,000,000 AS. We've made lots of predictions from share structure remaining the same, and share cancellations, but I havent seen anyone consider the potential for some dilution due to the AS. Do we have any number crunchers who can see what a midrange price point could be considering possible amounts of dilution?? Or with the restoration of SEC Filer mean they need to go through a process before they can sell shares from the AS?
No not trying to sow any doubt, just want a realistic picture considering all potential paths. Been holding since AUG 2020
Yea they are on their own schedules. TD said it could be same day or later in the week since they get batch updates. I have my main position in Etrade. And a small amount in 3 custodial accounts for the kids
See Id rather it go ahead and pop this year so I can get the taxes out of the way. Dont wanna sit on the bill for a year plus.
Technically he did file on time.. But the forms that he filed take 60 days to become effective.
After the merger it's on that company to build and sustain its own. George has little control or impact in that regard. Unless he becomes controlling officer of the merged company
Goff Corp. filed a Form 10 on September 27, 2021 and inadvertently failed to check the applicable boxes on the cover page. This Amendment No. 1 to Form 10 amends and restates the cover page to check the applicable boxes. Except as so amended, the Form 10 is unchanged. Unless otherwise mentioned or unless the context requires otherwise, when used in this Form 10, the terms “Goff,” “Company,” “we,” “us,” and “our” refer to Goff Corp.
So missed check box?????
Check anything non current. They all went to expert.
For everyone that keeps crowing: "SEC will ignore GOFF filings because they aren't a reporting company "
We are voluntarily filing this Registration Statement with the SEC since we are not under any obligation to do so under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Reports to Security Holders
By filing this Registration Statement on Form 10 we will become subject to all of the reporting obligations required by Section 13(a) of the Exchange Act, including the obligation to file audited financial statements of any target business we may acquire as part of our Current Report on Form 8-K to be filed with the SEC upon consummation of a merger or acquisition. If such audited financial statements are not available at closing, or within time parameters necessary to ensure our compliance with the requirements of the Exchange Act, or if the audited financial statements provided do not conform to the representations made by the target company, the closing documents may provide that the proposed transaction will be voidable at the discretion of our present management.
At least you are consistent to the end
The real question is Who are you using to still buy? IB cut it off now so they arent an option any more
Come and go where? Been in EXLA for about 2-3 years now. I was just responding to the other post about low floaters with another low floaters. Oh well
May as well check out GOFF too
Thats the plan.. Originally I had a .50 price target.. turn 1000 into 150k. Then when I actually started looking at the full details Im shooting for 5.00 as an exit.
Mad I only gambled 1000 here last year.. I only have 300k shares bought at .003. Well I had 350K but I sold like 50K around .10 before the Sharp hype came in. Already riding free shares here
Ummmm.. Chill a bit? Did you stop at "I doubt" and stop reading???? It is definitely possible to merge with Crypto.com or SWAPP as they are companies not a currency..
I said I doubt a COMPANY with STOCK (SECURITY) could merge with a CRYTPO CURRENCY out right..... Ive been holding 300K shares here for a year now so not sure where all of the extra is coming from with you.... Doubt must be a trigger word, but you would do well to read for context next time....
I doubt that could happen just for regulatory reasons. Look up XRP lawsuit. SEC is claiming that XRP is a security instead of a currency and they were selling illegally. XRP is fighting and claiming the opposite and citing its use cases and the fact that it was allowed to trade freely for years before the SEC decided to "regulate" them.
There is pretty much no chance that a stock could merge with a crypto.
Post up if you find one that will allow. Im sure the folks who can still buy are just holding a bucket for these falling shares
That would be fine.. Folks holding here have held thru many ups and downs.. When all things fall into place it will go right back up.... Who are you trying to scare here?
holding 1 year already
I didnt. Thats a whole different thing. Im just looking at current SS / M Cap. Reduce shares then the MC calculation changes. But not knowing whether or not that is going to happen we can only look at the info we have available
If you have a premerger company worth 500M pre merger and you get a company worth 1B, then you are looking at about a 2x in share price post merger (on paper).
Take a company worth 100M and merge in a company worth 1B you are looking at a 10X on your money.
So folk talk about Market Cap pre merger as a gauge for how much upside you have with a post merger company of a large market cap
Does anyone really short Pinks though.. Ive always heard its not worth it at all because of the cost to borrow.
From my experience, Ive seen most reverse splits happen because the shell likely fully diluted their AS before going under.. and the new company doesnt want to have 12 Billion OS so they split to reduce the share structure and make it a more attractive purchase. You need TONS of volume to move a high OS stock, and depending on their valuation/desire to uplist to a bigger board, they would need to have a minimum share price. The split would also bring up their PPS to a certain level to help achieve those goals
Whichever goes first, the other will get a big chunk of profits from the previous
I just need this to hold until 8/12 so I can be past 1 year holding
I dont mind if this takes till mid August. My 1 year will be 8/11.
Itll likely be dormant till the next update. Typical in these type of plays. The folks who reacted to the last update have already bought in and holding. Next update will bring in new volume and likely a new base... and the cycle continues until the actual merger then its on that company to maintain their numbers
I need this to hold on till 8/11 or later so I can be over a year. I thought I got this in November, but I just checked and my purchase date is 8/11/2020.
I know shorting shares in OTC is uncommon, but how reliable is the data from OTC markets about shorts? And is someone really holding a short position on this type of fast moving stock???
AS of 5/28/21 it says there are 36,173 short shares reported.... I know it isnt a significant size, but I am just curious about accuracy of this data.
SHORT INTEREST
DATE SHORT INTEREST % CHANGE AVG. DAILY SHARE VOL DAYS TO COVER SPLIT NEW ISSUE
05/28/2021 36,173 -29.01 10,820,375 1 No No
05/14/2021 50,958 100.00 9,811,766 1 No No
03/31/2021 10,000 143.90 1,944,198 1 No No
03/15/2021 4,100 100.00 1,103,842 1 No No
02/12/2021 8,428 -63.03 2,421,699 1 No No
01/29/2021 22,796 8.69 475,211 1 No No
01/15/2021 20,973 66.54 816,312 1 No No
12/31/2020 12,593 -83.55 819,932 1 No No
12/15/2020 76,565 100.00 2,953,919 1 No No
09/30/2020 4,492 15.56 1,730,848 1 No No
Level 2 Quote Montage: MMID - OTC Link Inside Quote | MMID - OTC Link Quote | cMMID - Closed Quote | U - Unpriced Quote | MMIDu - Unsolicited Quote. All trade/quote prices in USD.
Dont buy then. Ive been here since November, so I am fine if it takes a few more months so I can have long term taxes vs short term.... But it wont take that long so I am prepared to take the hit... Either way, based on history and the setup of this shell (no debt and small SS), folks want to be in early. You can wait for all of the official announcements.. Ill be glad to sell you my shares at whatever price it will be by then.
Hopefully Sharp does end up out so the whole process doenst have to restart.. Although.. I wouldnt mind it going till November so I dont have to pay these short term taxes :D
This a temporary dump or did something happen?
Getting your initial out is good, but I SUCKS to see those profits diminish if it starts falling. Im trying to form a good strategy now of exiting or not. Ive held too many for too long and end up losing out of major gains. Cant be too greedy, but I do like how this one is moving so far. Its holding this range pretty well
Walking it down. Hopefully buy volume picks up soon
Same here.. got 350k @.003 sold 50K at .03 to get my original out.. Still holding 300k
So is this good or bad?? Im assuming good because of the share price, but did Lazar lose it and Sharp is taking it now?
Sold half got my original out + some.. still holding 100K. If they bring it back under .006 im loading up again
Glad im still holding 300k @ .003. Sold 50k @ .035 to get my investment out.
Any SOS filings or anything?? I didnt see any updates on OTC markets.. this was a good surprise
02/17/2021 Motion
Judicial Officer
Williams, Timothy C.
Hearing Time
9:00 AM
Result
Motion Granted
Comment
Motion to Require Written Proofs of Claim
Parties Present
Plaintiff
Attorney: Chasey, Peter L.