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Doesn't mean this will turn into anything.
But unlikely 2b suspended.
Incorrect.
They filed a 15(12g) in 2007. They are now exempt from any filing requirements.
While this company is probably still nothing, if your statement is that they need to do something by September to meet with the new SEC guidelines for suspending those companies who have not updated their filings. This does not apply to a company that has filed a 15 (12g).
But that logic makes absolutely no sense. An already publicly traded sub penny company, new world gold corporation (NWGC) has a problem with 2 owners who have a controlling block. So they would reverse merge into ANOTHER publicly traded sub penny in order to do what?
If those 2 owners have a control block they will not allow them to shed the new world gold corporation shell, steal the assests and reverse merge into another publicly traded company. They're buying a long drawn out lawsuit.
Also, assuming arguendo, they COULD possibly RM... THEY ARE REVERSE MERGING ONE SUB PENNY INTO ANOTHER SUB PENNY SHELL????
I MEAN WHAT AM I MISSING HERE?
I am long on this company and want to make money but you are Logic is flawed.
If this is a RM play give me something good: bitcoin or any other cryptocurrency, nft's, even pot or hemp are still hot.
Ready to hear better explanations or arguments.
As always good luck to those who do not pump.
Ok, but 500 mil. To 1 bill. is a very small share structure for otc?
If you are suggesting a reverse merger with Rock Creek mining? What does Rock Creek mining do what are their revenues? If this is just another shell mining company it will be a terrible RM.
What's going on here? Why the movement?
Very 'interedting' indeed.
Hopefully he sees an opportunity with bitcoin/blockchain or nft after the TNSP explosion.
These companies need to go public fast... NOT because reverse mergers allow for the same, but because this market (Huge premiums being paid on sub penny stocks combined with this cryptocurrency craze) will not last forever.
Anybody have fact based opinions or comparisons of Lazar to George Sharp.
These guys seem to be frequently mentioned in regards to RMs.
Who brings greater returns, etc.?
To start a conversation relevant to the GVSI board:
How does Smart compare to Lazar?
These seem to be two names often associated with RMs.
Good link...
This is better.
https://www.otcmarkets.com/stock/PFWIQ/security
1.5 billion, transfer agent verified, shares outstanding.
Compare this to all of the other bloated runners on the OTC.
At least VERY interesting.
No.
.0046
Go B's. Marchands ot goal was a thing of beauty.
OK. thanks.
Are you saying that because of the volume or do you have other information concerning sale of the shell?
At 11:49 AM someone just purchased 170,000,000 sharess at .0007?
A serious question.
What happened to the 300,000,000+ wall at .0006?
Correct.
NO, what matters today is a 26% loss in equity. What matters over the last week is a 50% loss in equity.
This thing trades like a leaky tire anytime it is not pumped it quickly deflates. You would think the SEC could find and prosecute the pumpers here.
Ok.
Ok.
KISS. You have a 50/50 lottery.
They will either do a huge reverse split or they wont.
Tomorrow is apparently managments self imposed deadline.
Share price will react accordingly.
...its happening....
Smart right? He avoided a 37% loss on 25M shares or $517,500.00.
Wish I dumped with him.
Blood bath.
We'll see...
No.
Lucky story.
I am riding free shares from 0001.
My sell orders are profit taking/legging out.
I have lots of em.
Well that was a blood bath.
Thanks.
Agreed.
How much money would you have?
Maybe I am... maybe I'm not.
Technically a company can request a reverse split at anytime from FINRA, but it would be, in my opinion, extremely unlikely in this event.
Typically a company will max out the authorized shares before they reverse split. This is when they run out of shares.
This company may be a fake or P&D as you claim, but even a dumb criminal would want to max out the authorized shares prior to filing for a reverse split. This company has only 2.5 billion of 5 billion outstanding. Your suggestion makes no sense.
Still don't see anything with this company... until I see something with this company.
Its all a casino of liars poker, learn THAT game and you will be ready for the OTC.
All five of my sell orders quickly filled today....
I kind of feel bad about that...
(But I feel bad when my buy orders hit too.)
The old owner is the problem.
If he is out and litigation is over, this MIGHT be a good shell for RM.
Highly speculative, but I like your analyses.
Mainly because I am riding free shares which are currently dead money.
Casino of liars poker, but that is why I am here.
The old company - and any new direction for the old company, is worthless other than as a shell.
The old company is worthless if Manos has anything to do with it.
Volume does NOT mean that the shell was sold.
Removing a web site does NOT mean the shell was sold...
But I am along for the ride.
I love liars poker.
But buyer beware.
Uhhhh.... thanks?
Not really interested in investment advice from a high-school kid who just figured out YouTube and is learning how to perform penny stock scams.... I wouldn't suggest that to anyone.
Share structure here is well beyond bloated.
Full disclosure: I own many free shares here... BUT.
Buyer beware.
Nice thought.
I donate to CCF (I sponsor five children) and St. Judes.
Both have records for getting the most money to the needy.
I actually think CCF is like .97 cents out of every dollar go directly to the child.
Best of luck.