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taking a tiny profit here, nothing is guaranteed, they have been doing this for 20 years or something like that and have yet to ink a deal, I believe they will even though history says otherwise.
I'll wait for the podcast on Monday and hear directly from the source, they better have a plan or I will go apeshit.
LUVU has been in a long steady decline. I am interested in buying at this price (10 - 13 cents) , the company is actually profitable. How will a recession affect them I dont know, but they have maintained profitability thru the latest quarter. Not the most liquid but that's ok, it gets liquid when it needs to be
checking with OTC markets, it can take anywhere from 2 - 6 weeks for applications to be approved, so, I would say that we are in the range of being approved barring any surprises. on top of that, once approved, there is no way to know that we are approved from their web site, we would just have to keep a look out for any filings which I expect to happen right away. Doesnt mean we trade right away, there's still stuff I read about getting a market maker for quoting but I still dont fully understand that no matter how many times I read about it. Hang tight guys, it shouldnt be too much longer. As mentioned before, where we end up trading I have no idea, assuming no news. With news of course that would be news dependent, but right now with Mexico so bungled up I am not expecting news before filing, but of course that could change anytime.
great stuff, articles like this highlighting the need should lead to the sales in this area as people realize the importance of infection control.
we should do a surveymonkey survey here and figure out how much we all own, I mean its possible we can own 10 - 20 million just on this board I suppose.
the following link describes what is to be expected in filings for Pink companies:
https://blog.otcmarkets.com/2021/12/15/an-investors-guide-common-issues-with-company-disclosure/
That's just the part about the filings. As far as being registered with OTC to even make these filings, from what I read its Pink Companies: $5,500 and application fee $2500: https://www.otcmarkets.com/corporate-services/fee-schedule
Then theres this that we may need to get through:
https://www.otcmarkets.com/corporate-services/information-for-pink-companies
How to become quoted on the Pink Market
The Pink Market is broker quoted, and companies seeking to begin or resume being the subject of broker-dealer proprietary quotes on the Pink market should work directly with a broker-dealer to submit a Form 211 with FINRA. To maintain an ongoing public quote, these companies will still need to provide current public disclosure on an ongoing basis, either through the SEC, the company’s home country regulator, or our OTC Disclosure & News Service
Anyway I am trying to find out why the hell this is taking so long, this is getting friggin ridiculous already, enough is enough.
very dissapointed with the price action, friggin 7/10 of a penny, unbelievable.
the good part is that a podcast is on the docket. They had better be honest with us.
wow anyone see ALZN calls today. The price of the stock has inched up (I will not call this a spike ) to the 1.20 range, and the 2.50 calls expiring on Friday have sold from .05 - , are you ready for this, .20.
Oh my gosh, I dont believe it. I wrote calls to cover my entire underlying position, is it worth the risk, I am cash hungry and Friday is very soon, is it going to 2.50, anythings possible, but not everything is probable. If I were to get called out my entire position, I can live with that. But better yet, we can write calls against the entire (or whaterver part you want) position after Friday (assuming only covered calls here, no naked calls, too much margin and risk required), I can also live with that. Right now the Sept 2.50 call is fetching a quarter, not bad, I wouldnt write fully against that after Friday, but I would probably write 300 calls to raise more cash.
I dont, which is why I just picked up shares at .0072 - .0075, thinking there must be value down here. Hope these guys can get out of their own ways, it may not be possible I dont know. But I feel like ringing their necks right now.
10-Q filed !
On time as has been the case since they caught up bigtime a while back
https://www.otcmarkets.com/filing/html?id=16009013&guid=_u1-keDrQVN2B3h
10-Q filed !
https://www.otcmarkets.com/filing/html?id=16014584&guid=_u1-keDrQVN2B3h
As promised on time.
10-Q out !
Our cash position is dwindling, hopefully we can stretch things out
SUBSEQUENT EVENTS
Effective July 8, 2022 the Company entered into an Endorsement Agreement with Pez-Mar, Inc., a California corporation to furnish the services of Mario Lopez (“Lopez”). Pursuant to the Endorsement Agreement, Lopez will act as a Company spokesperson in connection with the promotion, advertisement and endorsement of the Company’s physical and virtual payment processing and money remittance business and the Company’s related products and services.
The Endorsement Agreement has a term of two (2) years from the Effective Date, which is subject to earlier termination on customary terms and conditions. The parties have agreed to certain deliverables of Lopez during the term of the agreement, including with respect to social media posts, television commercials, interviews and photo shoots. The Endorsement Agreement also contains other customary terms, covenants and conditions, including representations and warranties, restrictions on endorsements of competitive products during the Term, confidentiality, indemnification, and Lender and Lopez’s independent contractor status.
As compensation for the Services, Lopez or their designees will be paid the following: (i) a cash endorsement fee of Three Hundred Thousand U.S. Dollars ($300,000 USD), payable as follows: (i) One Hundred Twenty-Five Thousand Dollars ($125,000) upon execution of the Endorsement Agreement, (ii) One Hundred Twenty-Five Thousand Dollars ($125,000) quarterly during the Term, beginning on the 90th day following the Effective Date, and (iii) Fifty Thousand Dollars ($50,000) on or prior to the first anniversary of the Effective Date and (ii) warrants exercisable for an aggregate of Fifteen Million (15,000,000) shares of the common stock of the Company at an exercise price of $0.0345 per Share. The Warrants shall have a three-year term commencing from the Effective Date. The right to exercise the Warrants shall be subject to vesting during the Term but shall vest in full upon the consummation of a fundamental transaction involving the Company or upon certain termination events provided for in the Endorsement Agreement. The Exercise Price may be payable via “cashless exercise”, unless the underlying Shares are registered under an effective registration statement under the Securities Act of 1933, as amended. The Shares are subject to certain “piggyback” registration rights.
On July 8, 2022, the Company entered into a consulting agreement with a contractor for a period of twelve months to (i) review the Company’s business plan; (ii) analyze and assess the Company’s revenues, costs, and cash flow; and (iii) introduce the Company to and interface on the Company’s behalf with potential and actual commercial partners. The Company issued 2,000,000 shares of common stock as compensation for the services rendered which were fully earned on the date of issue. In addition, the contractor will receive a monthly fee of $3,000 for the term of the Agreement, commencing on August 1, 2022.
On July 8, 2022, the Company entered into a second consulting agreement with a separate contractor for a period of twelve months to (i) review the Company’s business plan; (ii) analyze and assess the Company’s revenues, costs, and cash flow; and (iii) introduce the Company to and interface on the Company’s behalf with potential and actual commercial partners. The Company issued 2,000,000 shares of common stock as compensation for the services rendered which were fully earned on the date of issue.
On July 11, 2022, the Board approved the issuance of 15,000,000 incentive stock options to William Corbett, the Company’s Chairman and Chief Executive Officer, and 2,000,000 shares of common stock to Richard Rosenblum, the Company’s President and Chief Financial Officer.
On August 5, 2022, the Board approved the issuance of 3,000,000 shares of common stock to Samad Harake or his designees, Mr. Harake is the president of Frictionless Financial Technologies Inc.
Other than the above, the Company has evaluated subsequent events through the date the financial statements were issued, and did not identify any subsequent events that would have required adjustment or disclosure in the financial statements.
I'm surprised by the price action to be honest, I would have thought we would have gotten a bump from the presentation, albeit I wasnt impressed with how the CEO carried herself, she was all over the place and not even following the slides, oh my gosh, even I can do that. I also dont like that it was called a virtual roadshow, that's bullshit, it was a presentation, just call it that, dont make up some fancy name as if you are on the road and giving presentations on a regular basis in various locations, get rid of the word roadshow, its not appropriate, don't make it into something that it is not.
Also I dont know why they didnt give the name of the company that they are doing an LOI with, we deserve to know this so we can research it ourselves, I dont like the secrecy.
finally sno-bar, what the heck, we arent even making them currently and wont be till 2023 b/c they dont have the right producer to do it, what's with that, and it was presented as if we already knew it.
Just re-read the CEO letter again, this guy is a pro, there is no two ways about it. they are executing as promised, and probably as fast as they physically and mentally can. Sort of surprised the level of detail given about the seller of JFK Carthage.
I am actually considering buying more shares at this price, knowing of course potential risk of slight drop, but it'll all be irrelevant when the time comes. Sitting on 7.5 mill shares currently with a lifetime avg of .0082, I can sleep well at night on that.
Continuing to slurp up shares at these prices which will not last for long regardless of the price of gold at this point
I keep unexpectedly sticking myself with shares down here in the .011x range. Surely we are at a bottom by now. At this price it just has to be cheap
Its hard to say. Here is a graphic I posted in December with our proposed San Fernando Cactus (SFC) line circled in red. I have added to it what would be this new line (brownish line), which basically would be parallel to ours for a subset of the distance. Why they would need to run it offshore is also a question I have, is that easier and less expensive, maybe so. Does mexico need the capacity of both lines? Would they depend/connect to Sur de Texas line which also runs parallel to SFC as it goes north to Monterrey area, I just don't know, these are all good questions to ask Ward about and report back.
Listen man stop it. They are doing the best they can with what they’ve been given. If they they pull this off yu will eat your words. Thanks f they don’t then they gave it a great shot and nothing to be ashamed of. We’re very well aware of them the share structure and the company is doing the best they can to work within their confines. You can’t get blood from the stone but you can find some cavities of water in the ground to work with
I hit a million shares, finally. I would be a heavy buyer at this price, in 50K lots. This just has to be a bottom.
One things for sure, when these guys say theyre going to do something, they set out to do it. Maybe they will be successful, maybe not, I cannot answer that question. But i am willing to take the risk. Go TLSS!
Correction, .0075 to 2 cent range, I was off by a decimal, sort of makes a difference.
Call/email and ask for an explanation of that filing to see if you can get an answer. Hopefully the latest filings when they come out will help with that, I just dont know. But I dont beat myself up on it, I trust that its not actually as we see it read, I know you dont like the answer, neither do I, but I am already beat up enough, just not going to get concerned about it, I simply trust that money is not being siphoned off as some people might think, but I guess I dont blame them either.
Well, you're not wrong you're right, so if we are successful I dont think I would be apologizing on the fiduciary side, a lot of that was avoidable especially the penalties. But you could send a note thanking him for his hard work to date trying to make these deals happen, I do that regularly, whether it works out or not, the work has been put in.
Having bought too much in the .075 to 2 cent range, I am making sure to take off the table to lock in profits. Where do I expect this to go, honestly I just dont know. I'd like to see some reporting of how the social media is going with Lopez, but also are they trying to buy customers other ways, are people sending money to mexico, etc., I just dont know. If we get a pullback significant enough I may reload a little, but remember as your value goes up every penny, the risk goes up too, we just dont know whats going to happen in this market, but the market of sending money to Mexico on the cheap, that should be a very lucrative market for IPSI to just devour. If they are not successful, then that's on them, not accepting any excuses for not being successful
Here we wait for the mine plan of operation to be approved, they are forging ahead albeit as snails pace. Picking up shares for under 4 cents is a gift in my opinion. The insiders are not selling anything, not that they should, but still they have the right to convert per the info released July 2020, as things have stretched on out longer than expected due to the fires that burned out the area. Patience, these things take time, but with a tiny float, this should take off when its ready again as always has. In the meantime, accumulate.
Cheap is not the word for the price of these shares, but my understanding is that many of the explorers are in the same boat, I know that my CGLD is for sure. I am aggressively buying under 2 cents with whatever cash I can free up, which is an absolute gift and may not last long. Company is well run, not perfect, but nothing ever is. Be patient, remember this stock was at 14 cents not that long ago, nothing has changed besides a drop in gold price (which obviously is important) but they are not mining yet and so gold price right now is not as important.
looking forward to what DHCC has in store for us. I've accumulated around 440K shares at this point which is a lot, avg around 15 cents/share, and I want to see the fruits of this labor, I believe its coming. Finding the right deal takes 10x longer than one might think it should, in this case, many many years now. I like the way the company is run, the CEO is accessible and a straight shooter and a lawyer on top of that, is aggressively pursuing all opportunities, has kept up with all filings since having fallen behind a few years ago, and is supportive of making sure the shareholders are not left behind in any deal, what more can one ask for on the OTC. Something will come thru I am confident, how we profit from it exactly I dont know, but high level I am shooting for a couple bucks, realizing it could be worth a lot more, but anything beyond that is gravy at this point.
I'd like to see more boots on the ground from the investors here, that is if anyone lives out that way, sniff around, see what they are doing, talk to some of the customers, visit some of the restaurants, stuff like that.
you have no idea how much money has gone into this from Ward outside of all the private placements and toxic lendings, millions upon millions. And look where we are now, out of money. Everyone wants results and when theyre not there, then all out blame on the CEO. Well, yeah, it does tend to work that way, but it's not all clear cut, not in this case. Granted the financial decisions that have been made were poor at best, and the fudiciary responsibility has been a disaster to say the least. Probably we needed a separate CFO but couldnt afford it. Anyway in the end the business side will be the most important, lets see if we can get that part right.
that is amazing if you think about it. There are only 2 explanations, 1) he was so damned sure that everything was going to work out, that there was simply no need to do so, or 2) CEO selling shares BEFORE any final deals may look back. I believe it was both reasons, wow you're right, all he needed to do was sell a couple million shares out of like his 350 million and we wouldnt have all these messes. Heck i guess the same could be said for you and I in proportion of course. Just tells you how sure he was, and not just for a month or two, but over years. I think a lot of the hot air from the Michelin man has been let out, but there's still some left, and whlie I dont think it will ever get fully blown up again, it shouldn't, every last one of us have been humbled. If this all works out, may NONE of us lose that humility.
As far as the salary, its just either plain wrong or the way it is written its not clear, whatever the case may be, he has taken very little out to pay himself and hobble by, actually thats an overstatement I would say hobble is generous. Dealing with Mexico has sucked us dry, hopefully we are nearing the end, though they will still milk us. The only credible idea that Ward has simply milked us living the high life unfortunately can be concluded from that filing, but as I said its not what people think it is, I wish it would get clarified. Maybe these last three quarterlies will at least be clear, though they are not audited which doesnt help the case.
the three quarterlies will be released on otcmarkets soon, I have no doubt about that and the stock should be "Pink Current". What and which brokerages allow I am not fully sure, it's up to them, otcmarkets only provides the info, but we should see it trading to some or full degree. What the price does, I have absolutely no idea.
taken a starter position over the past few weeks. I love what they are doing.
Looking forward to Mirage finally trading, while I would like to see something by next week I am not holding my breath, I think with the combination of otcmarkets and their standards combined with various brokerages leave us with some unknowns post Sept 2021, but it should work itself out. On the business side, as always we are waiting on Mexico and whatever machinations they are putting us through, but all we need is a single deal to start, just one, I think we all would be ecstatic to have that.
Is that good or bad ?
what does Pool Water mean, this has nothing to do with pools, its for disinfecting
Hydrolyte (R) An Ideal Disinfecting Solution For Schools
https://pctl.com/newsroom/press-releases/hydrolyte-an-ideal-disinfecting-solution-for-schools/
Published On: July 25th, 2022
SUMMARY:
Paradigm Convergence Technologies (PCT), a hospital grade disinfectant producer headquartered in northeastern South Carolina, primarily focuses on disinfecting solutions for the healthcare industry. As the upcoming new school year approaches, however, PCT reminds educational institutions from elementary through college that its products, primarily its proprietary solution branded as Hydrolyte?, are ideal for disinfecting the surfaces in schools that can become breeding grounds for infectious bacteria and viruses. It is more important than ever before to keep school environments disinfected and healthy, and PCT and Hydrolyte? are powerful tools in that effort on the part of school administrations.
FOR IMMEDIATE RELEASE:
Hydrolyte? is a hospital grade disinfectant produced by Paradigm Convergence Technologies (PCT), based on the naturally occurring compound hypochlorous acid. Hydrolyte? is currently used in hospitals and other large healthcare facilities to disinfect hard, nonporous surfaces, where it is highly effective in fighting a long list of the most troublesome bacteria and pathogens that healthcare workers confront. These include C. diff, norovirus, MRSA, TB, and many others.
The low toxicity, simple storage requirements, and high availability of Hydrolyte? make it an ideal disinfecting option for institutions outside of healthcare as well, particularly in educational contexts. As schools prepare to welcome hundreds of children and young people back to their classrooms, dining areas, restrooms, and other spaces, it is critical for them to have a strong plan in place to keep those spaces disinfected throughout the school day. Hydrolyte? is an appropriate disinfectant for all areas of a school, and it provides the efficacy that school administrators expect from a product that will help protect their students and staff from a range of common pathogens.
Hydrolyte? is most commonly applied as a spray to hard, nonporous surfaces, where it kills salmonella, norovirus, MRSA, and other antibiotic resistant bacteria with a high degree of efficacy. Electrostatic spray options are available, which are very effective in accomplishing even, thorough coverage of a classroom, restroom, or other space. The electrostatic spray system is particularly effective in reaching those surfaces that are frequently overlooked in manual disinfecting processes, such as the undersides of counters and desks.
As school districts around the country increasingly emphasize environmental responsibility, cleaning and disinfecting strategies are a particular area of focus. Hydrolyte is registered and approved by the EPA, giving school administrations and boards confidence that it complies with state and local mandates. As the solution is based on hypochlorous acid, a compound that occurs naturally within the human body’s immune system, it boasts a low toxicity and is appropriate for use in environments where children of all ages and pets may be present.
Schools can get in touch with PCT to learn more about Hydrolyte?, its composition, and the pathogens listed on its product label through the company’s website, www.pctl.com. By applying this solution’s great potential in educational environments in addition to hospitals and healthcare facilities, schools can help students, teachers, and support staff enjoy a healthy school year free of disease and focus on academic excellence instead.
we dont even need audited financials at this point, a number of companies I actively trade are doing just fine as alternative reporters, ie. FUNN, CGLD, BERI, CRTL, etc., and you can also fall out of graces there if you dont file, but if you do, you're fine. My only concern is if the brokerage houses will have restrictions, or a waiting period before allowing trading, that's why its good to have more than one brokerage. Going back to SEC reporting is also possible like you said if circumstances allow. ADMG is an example of a company that did that, but its not necessary for liquidity.
yes I said this like what, 6 months ago. A number of my pennies have gone thru this, and they can trade like water afterwards, BUT, I do NOT know if we are going to run into any issues to start trading again since its been so long since the last filing, I guess a call into otcmarkets may answer that, if you can get the right person.