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Agree. As quiet as things have been here lately, I don't think these tweets come out this morning unless RBSM has assured that him that things are all but wrapped up.
Early for a year is considered to be Jan 1 - Mar 31. Early for a month is considered to be the 1st - 10th. Therefore had Roger said very, very, very early 2019 that would her been Jan 10th or sooner. Very, very early would have been Jan 11 - Feb 10. Very early 2019, is therefore Feb 11 - Mar 10. (The “I’m pulling your leg” or “tongue-in-cheek “ emoji goes here if I knew how to do one)
Yeah, I hear ya! Like they say, though, there's no such thing as inclement weather, just inappropriate dress. I've gotten to where the cold doesn't bother me that much. But when the wind kicks up, that's when it gets a little tougher to take. But the Minneapolis metro is 3.6 million people with a fairly young demographic and the place is loaded with colleges including the Univ. of Minnesota, which has one of the larger student populations in the Big Ten. Would think it would be a great area to expand into.
I'd be very surprised if they're also not looking into Minneapolis. I live in the south metro and it's currently -29 with a wind chill of -51. That's kind of stretching our limit, but Minnesotans are a pretty hardy bunch and pride ourselves in being able to handle the Winter weather.
I now put the over/under on when we see the filing at 32 days or Monday, Feb. 25. In my book that would still qualify as being early calendar year 2019. (Disclaimer: based on my totally unscientific, randomly selected probabilities ranging from 20% by Jan. 31 to 99% by Jun. 30).
That's my impression, too, from what's on their website. Before the 2016-17 audit came out I had e-mailed Manny Tzagarakis a couple of times hoping maybe to catch him in a weak moment trying to get a comment out of him as to how the audit was going. Never did get anything out of him other than a "no comment on an ongoing audit". Which I took at the time to being encouraging. If he had replied something like, "Amfil Technologies? Never heard of 'em." I would have been much more concerned. At least his no comment indicated they were working on the audit and sure enough it eventually got completed and filed.
Here's his e-mail address: mtzagarakis@rbsmllp.com. It's no secret, it's on their website. Maybe you can ask him how the audit is going in a way that might elicit something more than just a no comment response?
Where you been? He put out a PR last Thursday before the opening bell with an update on the U.S. S&L expansions.
Beats me, but who cares. Having multi-million in revenues won't make a difference if you don't file your financials. OTC will drop you back to Pink as non-reporting.
Well, first things first. Let's get the 10-K completed and filed and then get uplisted to QB. 1Q filing is also late, by the way. And 2Q filing will be due on 2/14. So let's get all caught up and then see if we can stay on schedule from here on out. I'm not from Missouri, but at his point they need to show me what they got. I'm tired of talk.
OTCQB companies get demoted back to Pinks all the time. One of the more common reasons is late filing of their financials. All you need do is check the daily Tier Changes under the OTC Markets Corporate Actions. Just about every day there's at least one OTCQB company demoted back to the Pinks for one reason or another.
Tomorrow marks the 105th day since the filing of the 2016-17 audited financials on 9/13. Be nice to see RBSM be able to complete a filing within the prescribed 90 day + 15 day extension filing period. Otherwise, we’re going to be having more problems down the road staying current. Which means possible demotion back to Pinks after uplisting to QB.
Why doesn't someone like D&B just buy us out. I've got a number in mind, but I wonder what others might think about something like that.
I'm already planning ahead for the possible fire sale next week. I don't know about .01-.02, but if no audit gets filed by about next Wednesday panic sellers could drive the price down to the .03s-.04s, I'm betting, by Friday. I'll be ready.
Assuming RBSM started the FYE2018 audited financials the day after finishing up the 2016-17 audit, today would be day 93 into that process. So we're still within the 90 day filing/15 day late filing period for a 10-K. If it gets done and filed by Dec. 27, will that be all we need to uplist? Or will we also need the 1Q and 2Q 10-Qs at this point?
I just helped myself to 120K of that 557K @ .07. Thanks to whoever put it up for sale.
Sure would like to see the 2018 10-K and Q1 10-Q by the end of next week. Gives us two weeks to then get uplisted to QB before year end and be all caught up on filings before the end of 2Q. Looking forward to the PPS really taking off in 2019. But if we get those filings next week, I still think there's a reasonably good chance we could be at .35 by 12/31.
I'm not going to argue with you. Look for yourself at the SEC calendar for filing deadlines. 10-Qs for the quarter ending 9/30 were due on 11/14 for non-accelerated filers. Late filings are due today, 11/19.
Nope. It's due today. It's 5 calendar days from when it was due - 11/14. Not 5 calendar day from when they filed the extension. They filed the extension a day late.
Today is the deadline for late filing of 10-Qs for the quarter ending 9/30. Technically, I think, they have until 10PM ET to get it in. Will probably get ugly tomorrow if nothing's filed by the opening bell.
Concur completely.
On the one hand, I think the stop sign is as low as we can go. I don't think, I hope anyway, we don't meet any of the criteria for caveat emptor (the skull and crossbones) status. On the other hand we are a day late for the 10-Q and no late notice has been filed. That could mean there's a chance we get the 10-Q today and the late notice would be unnecessary. Or the late notice will get filed later today or after the bell. At any rate, I hope they're not just blowing it off because it won't affect the stop sign status.
10-Q is due today (due to 31 days in Oct.). If extended, it'll be due 11/19. I just want to see some numbers to give us some idea of how we're doing. 2Q on 2/14 will give us an idea on how Tempe's doing and how the Holiday revenue went.
Try going full screen on your browser window. That should get you to the bottom of the pop-up so you click on the I am 21 button.
L2 is perking up today. Looks like people may be wanting to get in before the GRO3 news Sunday night/ Monday morning.
Tweet from Roger: "GRO3 has been making significant progress behind the scenes with MULTIPLE deals approaching various stages of completion. A number of announcements can be expected over the coming weeks/months as we continue to get approval from our clients. First PR can be expected by Monday!"
Sounds good. Then, at worst, we should see a snapshot as to how we're doing financially in a couple weeks. I would think we could extrapolate from the 10-Q what the 10-K might look like if it's not done by then.
Will finishing the 10-K affect the 10-Q that's due on 11/14? Can they be done on separate tracks? Or is everything that's financial related on a serial track requiring the 10-K first?
Does the Annual Report they’ve now posted on OTC Markets mean the 10-K is imminent?
Keeping my fingers crossed. In the meantime, I'm still buying where I still can.
Noticed this morning over on OTC Markets that SSF* will be uplisted to QB today. They announced the completion of their audit and uplist application on 9/5. Ours was 9/13, so maybe we're close.
OK, thanks.
Wouldn't say that this rises to a level of concern with me yet, but any thoughts on the hours of operation for Tempe? Website must have just been updated because I've been checking it periodically this morning and the the hours are now posted. Closed Mondays; Tues-Sat 4pm to Midnight; Sun 4pm to 10pm. These hours are decidedly less than the 3 Toronto locations. I would have thought that based on its proximity to ASU it would have been open, especially on weekends, for longer hours. Unless do drinking establishments close earlier in Tempe? I've never lived anywhere where they couldn't be open until at least 2am.
Fine by me - If folks want to sell I'm still buying. Thought I'd quit back in the 8's. But I've picked up another 85K yesterday in the low 11's and today in the 10's. Just biding my time waiting for the 10K and the uplist. I'm still optimistic that we see .25-.35 by 12/31.
And that PR goes on to say that they hope to do a second uplist to the OTCQX later this year. Not clear if he meant calendar year or fiscal year, but for now I took it to mean calendar year. So, from inference I took the reference to "coming weeks" for the QB uplist to mean sometime either later this month or in October. But like you said, everything's been filed and it's all in the OTC's hands at this point.
I don’t ever recall seeing anyone predict $5 by the end of the year, but now that the audit is done predictions will probably start popping up all over the place. In my mind based all what we know is coming near-term, a reasonable justifiable share price based on the current o/s could certainly reach .50 by year end. But if optimism really ramps up between now and then, I don’t think it would be out of the question either to see a run approaching $1.
Thought for a second there we were blitz right through the .12s. Not much after that holding us back from the .20s.
Couple this with a blowout 10-K in a couple weeks and the Tempe opening, we will be primed for the holiday season!
Speaking of revenues, have there been any estimates posted as to what we might expect revenues to grow to this current fiscal year with all that is in the pipeline? I'm hoping we end up with $16-18M for this past fiscal year when we get the 10K around 9/30. But any chance you think we can grow to $100M as quick as next year with everything we have going?
Thanks, and reading the PR that also came out helps explain some things. I got so focused on the quarterly that I only just got around to reading the PR.
If you’re going to make an argument, at least get your facts straight. O/S right now is less than 500M. When you state the O/S is a billion shares, nothing you say after that carries any weight. If you’re willing to just make stuff up, why should anyone believe anything you say.