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A stage name used by someone for several gigs as an extra in 2016 does not make for compelling DD as to the veracity of the identity of VNTH's CEO.
"Combat Soldier", "Frat Boy", "Club Patron", LMAO.
How lucky is it that some person lives so close to the mailbox Frank used that they didn't even need to change the address when they took over VNTH.
The TA for any OTC ticker can be found on their individual Security page; https://www.otcmarkets.com/stock/GVSI/security
I was pessimistic as soon as "Adam" was announced and he didn't seem to exist when DD'ing him.
Everything he has done, or especially not done, since has just strengthened that feeling.
Even the audited fins were a big red flag because of the way he used them as a pump while not actually filing them in any proper manner.
That's the thing - how much money is waiting to buy once it's current but is just not excited enough to open a new account to get in before that?
Some investors discuss the truth, whether it be good or bad.
Thanks for the opinion but one cannot possibly speak for every other investor on the planet.
$2.48 would make a $6 billion market cap. I'm going to go out on a limb and say "highly doubtful".
Today is January 28th, 2023.
The CE is still there. Looks like the IR Rep was not telling the truth on Discord.
Once again, after-hours Bids and Asks are meaningless.
The after-hours Ask is only .001 on ThinkOrSwim, by the way. Been that way ever since the market closed when the actually meaningful active Ask was just .0009.
He will at least need some money to pay for lawyers and/or other professionals to keep VNTH's filings current!
Doing that did kind of give off a resignation vibe.
Nice try, but nope.
That company happens to have "E-Trade" as part of its name but it is of no relation to the retail brokerage that we know and love.
Good luck even trying to get onto its website, LOL.
Cool story.
But fake.
Give me a link where one can sign up for an Asian or even an Australian ETrade account.
Oh, what's that? You can't?
That's what I thought.
Show me where one can open an Asian Etrade account.
I have yet to meet a trader on ihub with a European ETrade account. And that was a reply to a post specifically mentioning "in the USA".
There's no ETrade buying, they're full of crap.
The problem with that theory is that Kuora was never meant to be a part of ICNM. It's only here now because the shell Chong had plans for it with originally got the Caveat Emptor designation.
I go with the verifiable truth over pretend internet claims any day.
They are all Chong entities.
The buyer, the seller, Kuora itself - they are all entities involving Chong. The whole thing was an internal deal.
No. Wait and see how things unfold. If things start to come together and somehow losing-money Kuora demonstrates that it is a part of a whole that is coming together with oodles of value then great.
Until then it's a stinky pinky thingy with an incredibly high valuation out of line with its posted financials that was arbitrarily set by the group that is both the buyer and the seller.
Just like me selling me my own bicycle and telling everyone it was a $95,000 deal.
Now Kuora is the next Netflix? LMAO!!!!
Kuora loses money. It's right in the financials.
Will it become some magical part of a whole way off in the future? I dunno. Anything is possible. I think the smart thing to do would be to wait and see what the future actually holds. As of now it's a way-overvalued losing-money stinky pinky thingy being fantasized about with a claimed "intrinsic value" that cannot even be defined in this context.
It hasn't been debunked a single time. Just claiming that it has been dubunked does not make it true.
Here are the financials that anyone can verify for themselves are true by going right to the source, the company itself: http://kuora.net/h-nd-57.html
Heck, most of those assets are Accounts Receivable - money owed to them. Interesting to compare that to the Accounts Payable line in the Liabilities - money they owe to others. Yup, they owe more than is even owed to them.
Combine all that with the fact that they lose money just by being in operation doesn't exactly make for a magical $125 million valuation - that they set themselves as both the buyer and the seller; this was an internal transaction for the group. It would be like me selling to me my own bicycle and telling everybody it was a transaction worth $95,000.
How are those financials fantastic?
They are in their 5th year of operation but seem to be getting worse by the year. Jeez, their sales were almost cut in half from the previous period. That ain't good.
They owe more money to others than is owed to them and they are losing money just by being in operation.
Where is the fantastic in that? I just don't see it.
"$125 million valuation", my eye. They just pulled that number out of the air to sucker in folk that don't know any better.
So here are those Kuora financials, http://kuora.net/h-nd-57.html
Their assets consist of pretty much just 90 grand in cash and then several million in accounts receivable which are in turn countered by a little more than that in accounts payable.
They were not profitable this quarter, they lost money.
This is what the Chong gang "valued" at $125 million when they did their own internal transaction amongst themselves.
Sure, let's pretend it's "the next Tesla", LMAO.
That law firm actually seems like it's more of a "collective" than a traditional law firm when you read further.
Also, that address? Suite 200 in that building is Carr Workplace. They are virtual and coworking offices. Yup, Mr. Fancy-Pants lawyer doesn't even have his own office that belongs to him. It's just a "prestigious-sounding" address.
Go ahead, Google the address and marvel at how many companies use that same exact same one, right down to the suite number. They don't all magically squeeze in there on Monday mornings. That's just what they use as an address on correspondence and stuff.
1701 Pennsylvania Ave NW, Suite 200 Washington, DC 20006
I'm guessing the most recent Kuora financials haven't been posted here because of how embarrassing they are relative to the $125 million valuation given for the acquisition.
And yes, the financials are from the same time period as the valuation given.
Would you like to post them here or shall I?
Different brokers having different policies hardly makes them crooks. They have different commission policies too - does that make some of them crooks for that?
No, of course not. If you don't like a broker for a reason then go to one that behaves the way you wish.
It's no more special than the Bloomberg.com entry. It's just bots that pick things up. Do you really think there is a crack team of human detectives on the payroll chasing down and thoroughly investigating leads 24/7 to report changes to the website? That would be silly. It's just some simple bots that are by no means sophisticated. After all, NASDAQ.com! is still describing VNTH as a cancer and weed breathalyzer company.
https://www.nasdaq.com/market-activity/stocks/vnth
Everybody bored at home on covid lockdown plus free assistance money made for extraordinary circumstances. We are no longer in that situation. Notice how trading today is nothing like it was back then?
0% long term capital gains tax is only for those in the least income bracket.
Everyone else pays.
The gains tax rate is different for selling shares held less than a year.versus more.
Sometimes it makes a difference and you would definitely want to specify the particular lots sold if your default wasn't already the most advantageous..
Yup, looks like the domain had been abandoned.
I was able to find the NWTT EDGAR by using their CIK, 0001036148. Otherwise maybe it needed the comma or something to find it by name?
I would also love to know more about OTCM accepting the minimalist crowdfunding forms in lieu of proper 10-K's and Q's but they never bothered to reply to my email inquiry.
LMAO!
You seemed to be claiming that "Adam" must be real because he is listed on Bloomberg. I was simply pointing out that being listed on Bloombeg does not verify the reality of one's existence. It simply reports on what its bots pick up from filings and stuff.
Maybe he is real, maybe he is not. But a Bloomberg reference is not proof of reality, it's just proof that the name was used in a filing.
Fake Twitter followers can be bought to artificially inflate an account's perceived influence. It happens all the time. Some twitter accounts lost huge numbers of followers when Elon started culling fake and bot accounts, it was hilarious. As far as MoonMarket following VNTH, that means nothing. I follow every OTC account I ever come across. Not necessarily because I am invested, but only to keep track in case they actually make some kind of important announcement.
I love that this Jesus account is lying about MoonMarket predicting VNTH a runner. They took an actual MoonMarket tweet quote and just stuck $VNTH in front of it as if it was a real quote. The actual tweet mentioned no ticker at all and was not a reply or follow-up to any tweet mentioning any ticker at all, here look for yourself:
I have a feeling next week we get a 500-1000% runner
— Moon Market (@MoonMarket_) January 15, 2023
Bloomberg doesn't perform background checks, they have no idea if "Adam" is real or not. They just have bots that pick up on stuff like an 8-K officer name change. That's it, that's all.
I do like the part where their bots can find no history of the guy whatsoever. The bots have no agenda, mind you. They only report what they find. And they find absolutely nothing for "Adam".
Unfortunately, after-hours OTC Bids and Asks are meaningless.
During the actual meaningful trading hours of the day the Ask was at .0009 steadily for the remainder of the afternoon through the close after having been celebrated at .001 earlier.
That's how the price closed at .0008. Because the last transaction was a bidwhack when the Bid/Ask were .0008/.0009.
That was looking hopeful for a moment, but then the Ask quickly went back down to .0009 and stayed there the rest of the day.
Ouch, closing at .0008 blows.
I don't see VNTH or "Adam" mentioned in the article.
I highly doubt Shell USA would be making deals with an OTC company that is just a twitter account that doesn't live up to their promises.