Once every seven years I get a little "randy."
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Selling Restricted Shares Update
If you have restricted shares you wish to liquidate, the following resources may be helpful. As i read it one may be able to shares quickly once any "Restricted" stamp has been removed from the certificates.
Sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html
Xfer Agent: empire stock.com
Phone:702.818.5898
Investment Bank: Maxim Group,LLC
Phone (NY,NY):800.724.0671. Or
212.895.3500
Fastbase Investor Relations email:
Investor@fastbase.com
Truly i wish i could lay out a simpler path, but everyone's situation may have different conditions to consider. I was unable (so far) to obtain counsel for Fastbase but it may be Maxim Group.
Let me know if I can be of further help.
Spock.... technically I am a science officer but I love financial stuff.
This company both apprises and follows through on their plans. This is how any quality company ought to interact with it's supporters from day one.
Spock....even the Federation isn't this good.
I will contact sec Monday to learn more about the best way to resolve your situation and will report here what the status is of my inquiry as well as any results.
There must be more than a few of you who wonder about how best to move forward on this . And out of simple curiosity is like to know myself.
Spock....it's the least a Vulcan can do on behalf of the good, yes?
I don't know where this stock is going right now but I have seen where it can go. Getting in at these prices allow one to get in the pool, enjoy any short term waves and get out with a good stash well before anything were to get ugly .
Actually, my gut feeling here is that this company and turn into something any investor would be happy to own longer term .
The current SS is attractive to me.
Spock......such is the way things work here on the Spockmarket.
I see nothing to be frightened of here with or without any spooky note due on Friday.
This sudden decline in price happens very often on the OTC, especially when market makers want to cause a bunch of stop-loss orders to instantly free up millions of shares they can soon use to fill orders at higher prices.
And yes, they will fill all of those orders at higher prices because the market is hot to buy those shares at higher prices.
And, as you can well imagine, TPTW employees who are also shareholders are NOT all just itching to shoot themselves in the foot by doing things like loading the market with sell orders that will lower their profits .
Those of you who can muster the fortitude to hold onto this even just a few months are going to do very nicely here. It's those who can't hang onto a stock for even three days who are going to take a whippin.
Expect the unexpected here. Then you'll have a shot at doing much better.
Spock.....I got my scars to prove some serious dues-payin and brutal whippins.
CJ..... I've gone in big on this one. I came here for a nice short ride and I am turning long.
Thanks for support.
Spock ... .Vulcans have endurance
I am finished here. My Work is done.
All of the info I provided came directly from your source. I have no trepidation about Friday. Just wanted to help some folks out.
Bless you, THall, in all your endeavors.
Spock....ock
I cannot show anything that says some note for 2.6 million dollars....or any other amount one might assert....is due on Friday the 28th.
Nor can one find elsewhere in the 10-q that any other such note is due on Friday either.
I cannot show you a "filing" that shows restitution for said note, of course. As one can easily recall, we did not see anything but a PR about paying off the Geneva Roth notes. Though the information may be genuine and correct we see no filing at this time.
I see no sh*toad of options coming due 2-28 either.
After the third party shareholders'secured loan was paid to the bank (the Line of Credit), they again loaned TPTW another $450k in terms similar to the original, they were given 85,120 stock options, presumably as security. Again.... This is no convertible note.
My information comes exclusively from the 10-q to which you sent me.
Nothing I find supported a notion that 2.6 million in convertible notes are due Friday. Quite frankly, if I held such notes I may not be too eager to cash them in at this time.
Spock......back to 3-d chess.
It has been asserted that the note due on the 28th day of February this year is a 2.6 million dollar debt owed by TPTW to some line of credit,perhaps. I was referred by a poster on this board to reference a Note 7 in the most recent 10-Q.
NOTE 7 SAYS nothing of the kind.
NOTE 5,however, makes a specific reference to item 1 in a list of liabilities in the same document. It relates only to a $40,000 loan made to the company by third-party individuals who became TPTW shareholders by acquisition by TPTW of their company. This loan was a secured loan, not a convertible promissory note.it is this loan that is to be paid by Friday, if it has not already been paid.
The only figure of 2.6 million dollars is a fair value estimate of derivative liabilities near note 7. This estimate is also not related in any way to a convertible note.
So sayeth one Spock....no scanner needed.
Musician, congratulations!!!! I am as happy for you as I am jealous. What a great day. Beats the he'll out of playing stocks.
I raise a glass to toast your joyous day!!
Spock
It has been posited by others on this board that TPTW is another ABWN. They do share a certain irrefutable similarity in that the tickers of both companies suspiciously have four letters .
Beyond this odd coincidence, there is absolutely no common trait to be shared. Not in any substantive way. ABWN never earned any revenue.
Spock....didn't even need my HPP deep space scanner for that one.
Info on TPTW convertible notes per most recent 10-q. Nine specific notes are described:
Geneva Roth. 5 notes,all paid off by a bridge loan from private
third-party investor. Due 6/14/20
Auctus.... 1 note, PD.12-18
Oddysey... 1 note, due 6-03-20
EMA financial. 1 note, due 6-11-20
JSJ. 1 note, due 6-06-20
All notes due for the purchase of SpeedConnect were paid by 6-11-19
All notes due to Advantage Funding (753,000) were paid in full, date not provided.
No notes were found to have a due date of Friday,2-28-20 as described on this forum. If I have missed this specific note in question, I humbly request which notes and which page of last 10-q can be cited as source. I did two scans for 2-28-20 date in document but returned no results.
I did see evidence of tptw paying off large sums in 2019 which is very encouraging.
Spock....Nothing beats a Hewlett Packard Puthoff 12.2.2 deep space multidimensional scanner.
Well,babubd stated something a few posts back. If he does not respond ill research it myself. Surely the company is making revenue according to the 10-q . after looking some things over in not sure its such a gloom and soon situation as some are trying to sell here!
This company has income and its growing pretty fast as they continue buying smaller companies. I'm long here myself.
Spock......ball is in babubds court now.
Are any of these notes the ones that were reported on 2-19 as having been paid off early?
Spock.....just chicken.
Ever driven by a car with or without children with the tunes so loud your car winows shake and you can't talk in your owncar either?
All these occupants of insanely loud cars...and homes.... are going to have hearing problems.
Spock..... I can hear them 4km away! Vulcansgot great ears.
Nt, at least as important as any DD datapoint you may uncover, the one thing a bit more difficult to assess is very important to assess. The level of anticipation. The best way to keep your thumb on something as important as this is to check both social media references to the stock in question and to changes in the volume of stock being transacted.
The OTC in particular is more emotionally driven than larger boards/markets.
Learn how to assess this and learn as much as you can about your own intuition on this matter. If intuition is not your strong eat point, don't worry. It can be refined just as any musclegroup can be. Once well improved it dovetails with Information you get from Doing quality DD . In fact, it can even steer you clear of troubleshoots not revealed by DD
Spock..... spooky interactions at a distance are real. sorry.
Perhaps there might be a non-brokered transaction possible. For example ....some version of gifting....as seen in estate planning. Perhaps a trade instead of a cash sale? I don't know what is possible, it is a fascinating question.
Someone surely may want them even if presently restricted. I will admit I am more interested than most investors Iknow but my intuition tells me a very good day is coming for this stock.
I will ask around to see what I can find out for you.
Spock.....Live long & prosper.
Jeff, you looking for a long-term investment or something shorter term? By long-term I mean at least 2 years min.
Spock.....and Spock's yoga master.
Lyn, I bought 400k of these today and ifeel very confident having done that. If the stock falls even further, cool. I got that covered. 20s? Excellent, I'll be all over it.
I hope you make out great on this. I bet you will. Same offer goes to you. Need ideas, reach out. I share.
Spock...i share because I have an outstanding state of the art replicator in my quarters.
That'll, don't worry, you'll be free to buy as many discounted shares as you can if you have not already done so. Feel positive, there will be much, much money made here by many.
Personally, I have already taken profit from this. There are simple strategies to exploit this to your financial advantage. if you need inspiration write back. I'll be glad to help.
Spock....living large Vulcan life.
I wish CJ, her homies ,and mostly her Mother, a very Happy Valentine's Day.
Spock.
Ok, I'm in for another 400k. This is too good.
Everybody's right and everybody's wrong. I have a target profit and I'm gonna make it . I've seen a pattern like this one too many times to count now.
This is a quality company and I feel they know what they're doing, debt or no debt. Let's rock this mofo.
Said a quiet Vulcan one day about 50 miles above the surface.
Freemoney, think what you could do with a big bankroll and a desire to grab some of your fave stock at a crazy low price .
You could literally scare most of your competition out of the market and pick up their sold shares for beer money prices.
Yep. Somebody could do that.
Spock.....not that they actually would, right?
Anyone who'll work this hard to scare off buyers knows what I know but does what I refuse to do.
Going in For another drink from the well. This is just too good..glta
Spock....I know what I own.
Well, with high confidence I am adding many more shares to my position in four minutes.
When companies reduce their debt load considerably, they are more likely to succeed. I've seen this a number of times.... And this is a QB company. They are to be taken seriously.
GLTA
Spock. I'm even buying shares for Chekov.
Tptw NEWS! COMPANY just paid off nearly $800,000 in loans and this will free up monthly cash flow. Monthly cash flow will increase by 80k. if I knew how to successfully transfer links I would do it but this news is very easy to find and it is fantastic fantastic news. Anytime a company gets rid of debt, big debt, it's very very good news.
Spock ...I ever so dig it, baby!
Nice post, daj. Useful. Imust admit some measure of ignorance on this stock. I have had a difficult time figuring out what's going on here. What exactly has become of the company Mr Doherty ran off with? Also how do the British Virgin islands play into any of it?
So now we have this rumbling of new possibilities under Mr Munoz. This sounds like a thread on which I can do some more investigation. Honestly I must say I had given up this stock pretty much for Dead.
There were a couple of times in the past year when it showed tiny glimmers of hope only to end in wisps of smoke that trail off into nowhere.
Spock....space oddity
Attorney's letter just added as well.
Spock......crowbars i say.
I've taken really decent profits on this twice this week.
My freebie shares are still in play and have made more money than the positions that generated the profits for me..
I hope everyone has taken home a trophy already on this. More to come. Looks like quote a bit more, to be Perfectly honest.
I'm gonna let her run til she tells me she's good and done.
Spock...made that up all by myself .
I am now smiling the smile of a Vulcan whose teeth one would prefer to strike with a crowbar.
Both WSFT and FBSE have plenty of current Information at otcmarkets.
It would appear that uplisting for both companies is now rather close and in close sync with each company's stated objectives for 2020.
I am feeling nauseatingly optimistic. I will not express myself in an over the top way ....
.....not on Earth , per se. In deep space, however, I may not be quite so reserved.
I agree completely.
Spock..... This by itself, is highly unusual.
My alert went off this morning for this stock. Someone has been pushing this lower and lower for months. Somebody just made a lot of their money back with a hefty slice of profit added on top. This is not the end of the story.
Now that arrangements are starting to come together with China it would appear some negotiations are resuming and/or consummated. This company has been undervalued for quite a while. Consider stepping in now it has a lot of upside potential.
Spock... There are some serious quatloos to be made here.
Ever been in a stock you had to chase down as you try desperately to get out?
Spock...that is worse than a transporter room "accident."
I'm good, SS. Got my strategy figured out and in place. Good to go
.
Hope you do very well.
Spock..... living large, fer a dumb Vulcan.
I happen to agree with you. This is the primary factor that caught my attention. I'm in, and I am alligned to get more if it.
Spock....the minute a see anything that rattles me may cause me to initiate one of my strategies.
Spock.......having a plan B or C is never unwise. Especially in deep space.
On a play like this one, consider dollar cost averaging maybe one or twice. Bid-sit after someone has just bought at .0040 while your buy order sits at maybe .0024. sooner or later somebody will buy into you and you can lower your average cost.
Maybe do some version of this, say you only do it whenever something material happens, like a good 8-k.
If you'd rather bail sooner, sell this week when you have something that can offset your loss. Never just take a loss without a solid plan to recover the lost money .
There are other ways, to be sure, these are just some thoughts that may lead you to something that works for you.
Spock......every loss comes with a chance to learn something new and or make better money elsewhere. I often use the replicator in my quarters.
Bid $5.00. Been rising. Its been awhile since its been there. Yet another positive sign.
Spock....photon torpedo bays loaded with fireworks.
Looks like they've diluted about 50M shares or roughly $80k worth. If it stops soon,fine. Doing this to pay an important bill can make sense if they are cash light. Let's see.
Spock....there is room for a runhere still.
I happen to firmly agree with you that there are future runs here to be had and this is an absolutely great time to buy on the cheap. This stock served me well a month ago and I am dead certain, would bet my life on it that it's going to run again soon.
every once in a while when I can see some of the drag dollar bills in my powder keg I'll throw some of it at a stock like this because I'm buying on the cheap and I know it's going to run All I have to do is make sure I keep an occasional eye on it and the proper netting in place for whatever it may move to do.
Spock..... So sayeth the Vulcan who refuses to get one of his ears pierced.
No convertible or promissory notes, no debt arrangements per latest audited 10-k.
I think this is good information to have on hand if one is considering taking a position here
Also, they issued an 18% dividend to shareholders at the end of 2018.
Things continue to look good and positive.
Spock....why,yes, I think I shall buy some more!!!!