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This was a post from 2-3 weeks ago about an email correspondence I had with Redman and it's something that to me makes it obvious this reverse merger is definitely happening. At the current levels that this is trading at is an absolute steal. This will easily hit $5-$10 not too long after the reverse merger is announced IMO.
Here's the post:
I emailed the CEO asking him if there's a way to invest in Oncolix being that it is not publicly traded. He then asked me if I was an accredited investor. He then proceeded to tell me that Oncolix recently purchased AEPP a shell company and to look at the filings and all information that's available to the public.
I respond that I am not an accredited investor and then asked him how AEPP ties into Oncolix. He responded back that only accredited investor's can invest in companies such as his. He then went on to say that they can merge Oncolix into AEPP to bring it public, but that they aren't under any obligation to do so.
I made a point to act clueless about everything and not mention anything about my knowledge of the AEPP purchase. If I'm asking him how to invest in Oncolix and he's the one bringing up AEPP, that to me is like hint hint wink face.
JMO
Are you saying they will go the route of an IPO over a reverse merger with AEPP?
Anyone else see this Hellenic Telecommunications Organization company? It's an OTC Pink with a $10B market cap.
Food for thought.
Tienpay address is the same as the Bank of China.
Yes they will be and it's probably going to take in the neighborhood of 6-10 years to complete the nationwide installation of 5G.
I spoke to the president of Mile High Construction and this deal is very real and has great potential.
The Telecom business is on the verge of a boom right now with all the decommissioning and deconstruction of cell towers work that is needed. There was an Antitrust case between the US and AT&T that was just recently decided on that is now a catalyst for a lot of the projects that are happening nationwide.
The Telecom business was hurting pretty bad due to many of the actions of AT&T and it's attempted purchase of T-Mobile. A lot of telecom companies were forced to close up shop or to sell at a bargain rates.
Bravatek basically stole Viking Telecom cheap and had the foresight to know that this was an extremely profitable industry that will make a comeback.
The president of MHC said that before the market went south, they were averaging revenues of around $400k per month. With all the decommissioning projects that are now in demand and with all the upcoming projects related to the new 5G towers, coupled with the fact that a lot of telecom construction companies went out of business, he expects revenues to get back to that $400k per month figure and probably exceed that by a wide margin. I asked him how long until they are doing that kind of business again and he said it could very well happen in the next 3-6 months.
He said the deal he made with Tom favors Bravatek heavily, but cash is king and the smart move is to take a short deal to ensure the company has stable revenue into the foreseeable future.
All in all the conversation went great and it definitely has me more confident than ever in where Bravatek is heading.
It isn't 40% of nothing I can tell you that for sure. I just had a great 20-30 minute conversation with the president of Mile High Construction.
40% is going to equal a lot of revenue. Probably more than what the 8-K has stated.
Did they release a statement saying that it's still on? Because the deals already closed and nothing's happened.
They were on pace go do at least $500k in sales based on that 10-Q. This was before Viking Telecom was even in the picture, so we know those sales have to be primarily due to EcryptOne.
JMO
You can't say they aren't selling. This is just from 2015 when the product was in it's infancy. We have no idea what they did for sales in 2016, but we are about to find out and I'm sure it's even better.
Check it out:
http://i.imgur.com/qtss7vT.jpg
You have a lot of nerve joking about something of that magnitude
Of course it was. Everything I had said was completely ridiculous. A planned 5000:1 r/s for August 19th 2025 seems in anyway like a serious comment to you?
If you guys can't see the humor in a clearly sarcastic post that was only intended to be funny than I really don't know what to tell you. Some of you understood it was meant to be funny, but for some reason some of you didn't. For anyone who has seen me post here, I'm clearly a long and nothing else.
You know I'm not being serious right?
I heard Tommy Boy has an RS planned for August 19th 2025. His master plan is to build a seemingly reputable company over the course of the next 8 years just to deceive investors and lure them into a false sense of security. And then when no one expects it, he's going drop the hammer with a 5000:1 reverse split followed by the biggest and most ungodly toxic notes you have ever seen ultimately diluting the share price into oblivion.
That Tommy Boy is one bad dude and he will stop at nothing to destroy the lives of innocent incestors.
BUYER BEWARE
As per the filings, it was that stated that 3 events would happen immediately after the closing of the SPA. 1. 2016 10-K would be filed on a timely basis. 2. Company would change name and ticker symbol 3. Effectuate a reverse stock split.
Well the the SPA has closed and only one of those 3 things has happened immediately after the closing and that is filing of the 2016 10-K.
I think we can put the reverse stock split to rest for now until we hear more about the reverse merger. It didn't happen immediately after closing so therefore it's not something we need to worry about until we get more filings.
With the current share structure, it's highly unlikely they will perform a reverse stocksplit of any kind. If they do, it will probably be a minor one such as a 2 to 1 or 3 to 1 split for the purposes of uplisting to the Nasadaq, which is always a good thing.
We are probably YEARS away from such a split. No need to worry about it in the short term.
JMO
I'm not doing the DD for you, sorry man.
The company at one point was $14.8 million in debt with the majority of that as the result of previous management.
What is a company in that position supposed to do?
Equity investors won't touch a company in that state, but you need financing to advance the company and continue with acquisitions and product development. The only financing available is from toxic lenders and convertible notes.
The share price becomes diluted and the a/s maxed out. You can keep issuing more shares, but that's not good for investors, or you can perform a reverse split, which doesn't help investors either, but it cleans up the share structure, so it does have it's benefits.
The only other option is to file bankruptcy. What would you do differently if you were the CEO? I have yet to hear one negative poster come up with a better solution to digging a company out of such a hole.
The fact of the matter is this company should be bankrupt, but they aren't and Tom is doing everything he can to keep it alive.
It doesn't matter what you say or the evidence you provide, they will never admit they're wrong and will continue to use their own flawed logic formulated from their own baseless opinions. You can present them the undeniable truth and they will still refuse to see it.
And somehow it's flying under the radar. A lot of investors I follow seem to be turning a blind eye to this stock and I have no idea why. The DD here is incredible and this could be an absolute monster. You would think they would at least want a small investment here as that could still end up with a nice pay out.
We should destroy OWC#'s peak. We are dealing with cancer treatment that has orphan drug status and phase I trials. They have a psoriasis cream, which in my opinion is nowhere near as valuable as our cancer treatments. We also have 8 US patents whereas OWC does not. OWC o/s 144m vs AEPP o/s of 93m.
I really think this could go to $10+
.01 or .10 neither are going to happen on Monday, I'm sorry. My prediction is that the price will remain at .0462. It's just a hunch and all IMO.
They acquired a new company, Viking Telecom, which added all sorts of new assets and financials to Bravatek, which need to be audited since Viking Telecom was a private company that wasn't SEC compliant. Combine that with being almost $14 million in debt in that last Q and there's your answer.
Companies don't just file for no reason and what I just presented to you is a completely justified reason for the delay.
They had a decent revs in the last Q they filed in Dec 2015. Why would anyone doubt they would have revs in these filings? Especially with all the new business coming in from Viking Telecom.
Seems pretty obvious to me they will have revenue and probably a lot of it.
I completely agree. I think this stock is going to be insane.
I'm really surprised she's not in on this one. Seems like a CJ kind of stock.
We need to get CJ on this board to keep posting all the top DD over and over and over and over and over and over and over...
And your argument was that Oncolix could have failed drug trials in the future and that even if it does merge into AEPP night still not be worth anything.
All I was saying is that if the merger does go through, AEPP which will obviously be changing its ticker to something that suits Oncolix, will be worth a lot more than the current market cap even with failed trials. The venture capital money alone is 5 times more than the current market cap. That's the only point I was making.
Yeah you have to be an accredited investor to currently invest into Oncolix.
If you don't think AEPP will be a means of investing into Oncolix and you think it's worthless, then why are you here?
Yeah but there are plenty of r&d biopharma companies with failed drug trials that are still trading with market caps of $100+ million.
Oncolix just based on everything they've achieved so far is worth a lot more than $2-$3 million.
Venture capitalists have already invested $15+ million into Oncolix, so I'm 110% sure it's worth more than AEPP's current market cap.
Exactly what I'm thinking. It wouldn't make sense to buy the shell and not merge into it. There's not much money to be made off the shell itself, but there's a ton of money to be made after a reverse merger.
The only way I can see this not going through is if he decides to sell the company before the merger.
I had email correspondence over the weekend. Read back through my posts.
Yeah you're right AEPP is worthless, but it's owned by Oncolix which is EXTREMELY valuable. Oncolix plans to go public in 2017 and has already made it known that it is currently looking into reverse merging Oncolix into AEPP. This is 99% going to happen.
Only way it doesn't happen is if Redman decides to sell the company before going public.
"So in other words this is a shell to pay the CEO and nothing more?"
Those are your exact words.
There are people with over a million shares. The CEO buying this just to pay himself makes no sense and is purely your opinion.
If he doesn't merge with Oncolix he makes no money as the price will go down down down. The amount of money he spent on this already puts him in the negative.
It doesn't make sense for the merger not to go through. People selling this are probably freeing up funds to enter into other tickers.
IMO
CEO makes the most money by merging Oncolix into AEPP. So I don't buy the getting rich off of owning a shell theory. The shell makes peanuts compared to what Oncolix will bring in.
Oncolix is definitely going to reverse merge into AEPP.
I highly doubt it. Only reason I say that is because of all the hype and speculation. There are a lot of eyes on this and a lot of bids above that price point.
If we go 3-4 weeks with no news or financials then I think it will had back to those levels and lower.
Glad to hear you being more positive! :)
I emailed the CEO asking him if there's a way to invest in Oncolix being that it is not publicly traded. He then asked me if I was an accredited investor. He then proceeded to tell me that Oncolix recently purchased AEPP a shell company and to look at the filings and all information that's available to the public.
I respond that I am not an accredited investor and then asked him how AEPP ties into Oncolix. He responded back that only accredited investor's can invest in companies such as his. He then went on to say that they can merge Oncolix into AEPP to bring it public, but that they aren't under any obligation to do so.
I made a point to act clueless about everything and not mention anything about my knowledge of the AEPP purchase. If I'm asking him how to invest in Oncolix and he's the one bringing up AEPP, that to me is like hint hint wink face.
JMO