Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
With regards to the RS and the AS increase, people may have missed this paragraph on page 17:
The Board seeks shareholder approval of both Amendment Option 1 and Amendment Option 2, to give the Board of Directors the flexibility to determine which of the two alternatives would be in the best interests of the Company and its shareholders. The Board of Directors does not intend to exercise both Amendment Option 1 and Amendment Option 2. In other words, the Board of Directors does not intend to effectuate both the Reverse Split and the Authorized Increase.
I didn't say anyone bought "30M warrants." They were issued 3 warrants for 10M each. Nothing happens until they exercise them.
No money to the company...no dilution!
Do your research...if this is a legitimate question. With warrants, investors buy shares directly from the company... i.e. money to the company.
Not saying that's what they did. I just said that could be a plausible scenario, not for CELZ, but any ticker on OTC. C'mon, ready the posts! I even said she was premature in my reply to her post. FYI, there is no evidence to say those warrants were exercised. Folks keep saying the 3 officers bought 30M shares...THAT'S false!
Dragon Lady, even though it sounds like bashing, is making very good points. Please take a hard look at the notes in that post, if not for anything else, for educational purposes. Folks ignore the signs in scenarios like that and then wonder why they end up drowning in dilution. Insiders exercising those warrants just means funding for the company...dilution-yes, but way better than shitty loans!
Dragon Lady, good point, but I think it's a little premature to accuse them of pursuing that scenario. The only thing that seemed a little fishy to me was that they put out 2 substantial PR's after the transaction date and waited until day 3 of the required 4 days to file the 4's. And, I definitely don't like the exercise price!!! $.004? I'm jealous! Those warrants could be a good thing for the future of the company for funding from within.
Now, what we need to do is:
1. Keep a close eye out for 1A filings.
2. If they do, see how much funds they are trying to raise and compare that to the active warrants to see if the funds could be raised by exercising those warrants instead of issuing new shares.
3. If exercising the warrants can cover the fundraising, break out the torches and pitchforks, and start raising hell with IR asking WHY.
*** Mods should sticky 1 liners when 4's are filed for easy access to the pertinent info when/if the time comes.
What Is SEC Form 4: Statement of Changes in Beneficial Ownership?
SEC Form 4: Statement of Changes in Beneficial Ownership is a document that must be filed with the Securities and Exchange Commission (SEC) whenever there is a material change in the holdings of company insiders. Insiders consist of directors and officers of the company, as well as any shareholders, owning 10% or more of the company's outstanding stock. The forms ask about the reporting person's relationship to the company and about purchases and sales of such equity shares.
RSCF
RSCF topped out at $3.30 on the 14th and the selling has been relentless ever since. This is a classic case of a company putting out a PR that does more damage than good.
RSCF issued a PR on December 14th saying that the company had been granted another patent. However, this is not what the market wanted to hear. Patents are great, but they do nothing now. RSCF made things worse by adding this part.
We are still awaiting response from Operation Warp Speed, a FEMA contractor, and other organizations, from who we have received inquiries for our Cryometrix S-90 cryogenic shipping and storage system.
-$.15 in the first 5 minutes!!! SMFH!
Hopefully. Until then, I'm continuing to add. The potential is there and everyone knows it.
Added bigly. At least there wasn't any material events that triggered it.
Blood bath!
"On our sales front, we have several freezer systems scheduled for shipment this year, with a number of other orders anticipated in the first quarter of 2021 from multiple worldwide pharmaceutical companies; we are pleased with the level of activity we are seeing, and remain optimistic that the Company may realize positive earnings per share for 2020. The Company is presently debt free.
Great news! Good things ahead. Folks that were excited about this ticker earlier this week will be jumping back in now...guarantee!
Good point! This stock has made a butt-ton of $ with the amount of trading in the past week.
I don't think they were expecting this much visibility for Social Life as a result of MJLink, so they ended up behind the power curve. For the CEO and team, MJLink's story was the priority at the time. IMO.
Need to see PR for purchase request. Keeping my fingers crossed.
F.D.A. Panel Gives Green Light to Pfizer's Covid Vaccine
Pfizer’s Covid-19 vaccine passed a critical milestone on Thursday when a panel of experts formally recommended that the Food and Drug Administration authorize the vaccine.
https://www.msn.com/en-us/news/us/fda-panel-gives-green-light-to-pfizers-covid-vaccine/ar-BB1bP8hN?li=BBnb7Kz
Thanks. 2 years ago...SMH
Along for the ride!
We also need to take into account when that purchase was made. Before or after August...that's telling as well.
I was replying to a post from earlier asking if there was going to be a RS.
Item 5.03 Amendments to Articles of Incorporation, Bylaws, Change in Fiscal Year
After unanimous Board of Director approval and Shareholder Approval by consent of over 51% of our outstanding shares, filing of our Definitive Information Statement and notice to shareholders, we filed Amended and Restated Articles of Incorporation (“Amended Articles”) to increase our authorized shares with the State of Nevada, which was approved by the State of Nevada on May 8, 2020, which amended articles increased our authorized Class A Common Stock Shares to Ten Billion (10,000,000,000) Shares and our Preferred Shares to Three Hundred Million (300,000,000) Shares. Additionally, the Amended Articles authorized us from May 8, 2020 and continuing until March 31, 2021, as determined by our Board of Directors in its sole discretion, to effect a Reverse Stock Split of not less than 1 share for every 5,000 shares and no more than 1 share for every 25,000 shares.
I already did.
Agreed..@Insidrfinancial is directly responsible..should report them.
I bet she got her info for this article from the same place we did for our DD on this company.
No, they aren't anymore. As of AUG20, Social Life stopped funding them, so they went out and did their own thing. Social Life still owns ~15 of their stock (which is private).
Can't bare to watch that video right now.
Just emailed Social Life IR laying out this fiasco and the affect of their and MJLink's display of conflicting info in the many different locations that we found during our DD.
I will post their response, if I receive one.
Stop being greedy! We'll take $.05
Company debt is legacy. That will be fixed VERY soon!
Dude, just stop! I'm tired of watching you get beat up. Just do the board a favor and go check on your other tickers. People get heartbroken on the OTC every single day, man.
I'm tracking brother. I just like to do research, especially to assist with clarity. Cheers.
The float is calculated by taking a company's outstanding shares and subtracting any restricted stock. It's an indication of how many shares are actually available to be bought and sold by the general investing public.
MH, keep in mind that there is a significant difference between a subsidiary and an wholly-owned subsidiary...legally.
MH, I think I may have answered that for you. Check the below post.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159956001
Look at any company in the pinkies that does a Reg A offering, tier 1 or 2. Just like a RS, they use it to raise operating funds. Alternative, potentially toxic loans...if anyone would even give it to them.
Are you serious man? Per SEC rules, a company has 4 days to notify S/H of any material developments. Besides, once it's approved, an execution date has to be set and that's advertised.