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When was that? Are you sure you're not confusing CE with Expert Market which PHIL was recently on?
They are two entirely different things.
Why would share cancellations send this past .10?
Even if successful aren't they only a small part of the OS?
The scam talk is probably because he didn't do any of the stuff he was promising and he has now apparently ghosted.
Not a peep out of him since December 15, over two months ago.
Unfortunately, it is quite true.
You can see for yourself. The last six months of CE adds and removals can be seen here: https://www.otcmarkets.com/market-activity/corporate-actions. Where it says Symbol Changes on the left, you can change that to Caveat Emptor. Look at how many get applied versus how few get removed.
On the removals you can see how long they were on for by going to the particular ticker's Security Details page, scrolling down to Corporate Actions and again changing from Symbol Changes to Caveat Emptor.
Check them all and note how long they all took. They are mostly measured in multiple years, the rare removals.
It's a fact.
Thanks for putting that together. Interesting how Friday is actually the least likely day.
Most CE's don't come off at all. The rare few that do tend to have taken multiple years to do so.
Fidelity is zero commission for OTC trades.
Still no share cancellation case updates since the nonconforming document notice on the tenth.
No updates in the share cancellation case today.
I don't think Ukraine and interest rates necessarily had much of an effect on the OTC market, but the covid stimulus funds that everybody got probably did, until they were spent of course.
Add in the rule changes and yeah, I don't think the OTC will be back to its former glory anytime soon, if ever.
There will still be opportunities but nothing like there had been, unfortunately.
Hmmm, the Notice of Nonconforming Document was 10 days ago in the share cancellation case and there don't seem to have been any updates from George's team yet. How long does it take to fix "just a checked box"?
"Intentionally delaying to scoop more cheapies" - I call BS.
Obviously there is just nothing for Frank to report yet. It is simply baggy fantasy to think that it is being delayed on purpose.
Does anyone really think that Hovendick would allow stalling before finally starting to cash out?
An SEC reporter and registered with the SEC are 2 different things.
@Alpharidge_Cap Finding and closing a great or good #Merger is the most difficult part of this business. We know because we have done 17, yet none of them has had an outstanding performance. Even where/when we pay huge referral fees up to $50,000 to find a good business with
— Opportunity Zones Capital, LLC (@opportunityzon) February 19, 2023
Don't mind the #SmallCap euphoria of 2020 and 2021 that sipped into the #OTCMarket and bid-up several non-reporting tickers to a range of $50 million to $100 million #MarketCap for $0 assets/revenue shells. The financial engineering to actualize such #MarketCap does not exist in
— Opportunity Zones Capital, LLC (@opportunityzon) February 19, 2023
bloated #MarketCap, the bid-up stopped. Then came the #SmallCap crash that was precipitated by the #UkraineRussiaWar and #InterestRateHike, and all #OTC, #NanoCaps #SPAC, #Warrants lost substantial value. This is not @Alpharidge specific. It happened to most of these tickers:
— Opportunity Zones Capital, LLC (@opportunityzon) February 19, 2023
to deploy the pubcos in its inventory. Individual buyers of each pubco would determine own unique pattern of shareholders communication. The #Market determines the price performance of each ticker. @Alpharidge_Cap will tweet only whenever tweeting is necessitated.
— Opportunity Zones Capital, LLC (@opportunityzon) February 19, 2023
Don't those numbers also show that 72% of those Top 50 companies have disappeared since 2020?
Another batch of Frank victims today.
No one knew before September. Not publicly, at least.
Whatever source you are quoting obviously does not know that. They are simply taking the now-known June date and assuming it was made known at the time.
That doesn't make the claim that GVSI is SEC registered any less false.
It's still a lie every time it is told.
Oh now it's "minutiae", LMAO.
It's been claimed over and over and over that GVSI is SEC registered when it is clearly not.
Obviously it was important somewhere to try to fool naive investors into thinking it was true and that GVSI would be a better candidate for a quality merger than it really is as just an OTC Alternative Reporting filer.
That is actually a very important distinction for a knowledgeable investor.
It is most assuredly not the other way around.
https://twitter.com/elonmusk/following - gee, no VNTH.
Chong himself tweeted that a reverse split is coming at some point. Seems odd to say something like that years in advance, but hey.
As far as Frank and "trustworthiness", did you see his latest change of control earlier this week where they slapped a Caveat Emptor on the ticker less than 3 hours after the filing?
Very confidence-inspiring.
VNTH has done SEC Crowdfunding filings - the Form C and Form C-AR that can be found. Unconventional yes, but apparently OTCMarkets is okay with them. Even though they don't say squat.
I haven't gone back to reread it yet, but VNTH is one of the only if not the only Frank ticker with the purchase agreement filed, albeit with some of it redacted. We'll have to check if there is a provision for it to revert back to Frank for whatever reasons or not.
If not, and "Adam" has ghosted then yah, I imagine it will just head to the Expert Market if/when it gets dinged for no filings. I'm guessing that the SEC Crowdfunding Annual would need to be revisited in the normal 90 days from December 31?
That would be funny if Frank just did another fresh custodianship with it then, LOL.
That's what it looks like, yup.
It has occurred to me as a possibility, yup. We haven't heard a peep since this...
We are working and finishing up some things for the end of the year/start of the new year at $VNTH we will release updates in a timely manner.
— Nano Mobile (@OfficialVnth) December 15, 2022
Frank's WYPH. And my bad, it was not next day, it was same day. They filed a change of control yesterday at 2:15pm and it got the Caveat Emptor a little after the market closed, just a couple hours later.
After yesterday's Caveat Emptor it is probably safe to say any actions by "Adam" will be highly scrutinized.
One wrong move and I'm guessing VNTH gets a speedy CE as well.
VNTH is probably dumping because Frank's latest change of control got a Caveat Emptor just one day later and of course "Adam" has not done much to prove he is legit himself yet.
Frank's most recent Change of Control filing was just yesterday for WYP*. It received the Caveat Emptor today, one day later.
Be careful when it comes time, people.
If it covers two years, why is it's title "ANNUAL Report
For the Period Ending: DECEMBER 31, 2022", which is only one year?
Wouldn't it be called something like "Combined 2021 and 2022 Annual Reports" if it was to officially cover both years?
It's own title spells out that it is only for one year....
Some previous information for comparison is always included on the one year reports but they are still one year reports...
If we see any other ticker Limited to Current changes that were enabled with an attorney letter that was submitted later than George's then there might still be an issue still, IMO.
This morning's example change had an attorney letter the same day as George's but was submitted in the morning while George's was in the afternoon.
It lists two reports along with the requirements for each report, which are slightly different.
It does not say "2 years of financials"
Here, read it: https://www.otcmarkets.com/files/OTCPinkGuidelines.docx
Notice that it also says the attorney letter must reference reports, with an "s" - plural. George's only references one year.
Read the guidelines yourself. I provided the link a couple posts ago.
Even if you think the one report covers both years, which I don't if they are being sticklers, the attorney letter only references one year, not both as required.
Read them. Two separate reports and the Attorney Letter must reference both years.
https://www.otcmarkets.com/files/OTCPinkGuidelines.docx
OTCM guidelines state 2 separate reports.