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The filings he filed with the OTC are false? Any proof?
Of course it’s called the PE and is based on potential. Apple has a 2.13 TRILLION dollar market cap, but they only have gross revenues of around 360 billion, net revenues are far less. Market cap and revenues have little to do with PPS in penny stocks, market cap is based on potential.
IDVV should be trading over a penny! No dilution, revenues! Unusual for a sub-penny.
Finally getting some Bid support, Ask thinning.
That’s awesome! Tom Lull is pretty amazing.
That’s true. I just keep loading. One of these days it’ll break out and I think we could see .25+ fairly quickly. The board of Directors is the key.
Lucky you, wish I’d been sitting at .032 when that dump happened. Crazy.
I agree. The overall markets have people really spooked.
Filing is required by law, to warn investors of up coming events.
Of course they know that, but after the split the PPS will be $5 to $10 and then they will hype it and sell shares so Bigger et all can convert and make money. No common investor is going to make money imo, unless they manage to catch some volatility and sell into a temp PPS increase.
Nice volume today!
To convert 4 million dollars in convertibles ( and there may be more than that) at 50 or 60% of the PPS at the time of conversion, which will most likely will be .005, keeping in mind the price will drop with each sell, it will take probably 2 BILLION shares and bring the PPS down into triple zeros (.0004 or so), so then they’ll have 2.5 to 3 billion shares out and still have millions of dollars in debt. Then’ll have to do the RS, they’ll have no choice. So why not do it now?
Only stock I’m in that’s actually up today:)
Here is who handles XCRT’s marketing https://www.otcmarkets.com/stock/XCRT/news/story?e&id=2183889
I found a 36 year old court case against a Pignatiello, is that what you are talking about?
Geez, read the filings, the def 14a just came out yesterday. Hopefully you are kidding
Yes. They need the price up, so they dilute and pay the bills.
There will be no news, until after the split. The company is completely broke.
Here is the Def 14a! https://www.otcmarkets.com/filing/html?id=15894265&guid=PMpwknujO0pBh3h
Outstanding shares and OTCX is a Market Maker. You should probably visit the Newbies board, do not trade without knowing the basics
OTCX on the Bid, that could be a good sign,,,,(I hope!)
Awesome!
Statement taken from the last Q:
December 7, 2021, the Custodian filed a Supplement to the Motion to discharge Custodianship and enter final order. In this Supplement, the Custodian petitioned the court to (i) approve the acts taken by the Custodian, including the appointment of management, cancellation of 9,011,469 shares and the conducting of a shareholder meeting, (ii) discharge SSM Monopoly as Custodian of the Company and (iii) returning control to the Board of Directors. On January 6, 2022, the District Court of Clark County, Nevada approved the Order of Final Discharge.
Tanke Biosciences Corp is an emerging diversified investment vehicle
SSM Monopoly Corporation has already been discharged as the custodian. Who are you talking about?
From their SEC filings, it’s actually been 9 years.
Hopefully IDVV breaks out soon. This is nuts how it’s trading.
I do not know. Apparently SDL was already owned by James Brooks, as near as I can figure. I haven’t quite figured it out, but I think he may have been buying up these small dental labs before he took over CSSI. Here is a statement from that PR that pretty much describes his thought process: “ There's no faster way to grow than through acquisition, and this industry, in particular, remains unsophisticated in the public sector.", added Brooks. I have know people that owned small dental labs, they are a nice steady income, but if you combine 50 to 100+ of them, you have an awesome cash flow, with little chance of defaults on your receivables and probably the ability to collective bargain for state of the art equipment, contracts with dentists, etc.. I think it’s a very interesting business model, not sexy like oil, crypto, the Metaverse, etc.., but really solid.
Picked up some Bid support today, albeit very low Bid support, at least someone is paying attention. Now we just need to close the spread.
I think the markets are slowing this down some, it’s just a bad environment for all stocks. I still think we’ll hear something from TNBI within the next 45 days. I believe there has already been a candidate identified. I received quite a few PMs 60 days ago or so, regarding this. These are people not on the boards and they were looking for $4.00 a share here. Time will tell.
This is their attorney and also owner of 6% of the company.
https://www.linkedin.com/in/steve-mills/
Here’s a Tweet from March, that’s interesting and discusses another interesting 6%+ shareholder of TNBI:
$TNBI annual report. No acquisitions or c.o.c., but Lisa Mannion who runs Fourth Street Fund, LP is consulting. She also owns $6m worth of $ATAO, so there’s money behind it. Curious to see what Mills & majority shareholder EROP come up with! pic.twitter.com/4j8K8wXWTg
— Suits & Stocks (@Suits_n_stocks) March 25, 2022
These guys own approx 6% of TNBI, interesting!
https://jcfny.org/leadership/susan-f-dickman-executive-vice-president-ceo-of-jewish-communal-fund/
It has been 7 years for Tanke, so the statute of limitations have run on their old debt. I do not know what the old debt was, if any, but the courts will rule on the debt and have here.
That is not correct, but each to his own.
Yes Tanke has a custodian, but there is no reason to believe the share structure will “blow up”. It will change they will issue preferred shares, in fact they already have with Tanke, I believe. All initial shares will be restricted. I have made a lot of money playing these shells in the past couple of years. I understand how they work. I like the initial share structure here, many have 300+ million shares OS, which will precipitate an RS most likely. The shell is clean, it has no debt. Read the court filings.
No the shell is clean, it has been bought, but before it can be bought a court appoints a custodian and rules on debts etc..there is nothing to audit, because the definition of a shell, is it has no business.
Many believed, the PPS jumped to .0045 immediately, it will trend up. Lately there has been a major movement to sell into news, then about 3 days later the stock runs. I just keep adding at these insanely low prices. Certain people the MMs are shorting it and that is possible.
Finally kind of a decent day!
I honestly have no idea why there is no volume. Every once in awhile we see some volume out of the blue, but? I think company needs a good IR person. I keep loading on every price drop and one of these days it’ll move.
I have a hard time believing they are shorting a .00 stock with the hope of making a .0008 spread or so. But maybe. When they let it go, it should boomerang to .02 or so.
My shares are locked and as far as the other charge, it’s not me.