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.
Short answer- Maybe? Or it could be 180 days from the 1-A POS, which would be Aug 8th. But the 1-A POS does say 180 days from the qualification (1/19/22).
The question is whether we will see an SEC 1-Z to show that it has ended.
And the 3's keep piling up!
Late filing notification-
https://www.otcmarkets.com/otcapi/company/financial-report/339664/content
Where the hell is Fair? We haven't had a Tweet since Apr 22!
And as long as the money keeps coming out of the big board stocks, those investors will be looking for stocks to buy in other markets.
I've always found NASDAQ and OTC to be inversely correlated. NASDAQ drops, OTC's go up in volume.
Delicious 3's Keep nibbling on em'
Wow. Blasted through some 2's there. But we have seen this behavior before.
That would be sweet. Still waiting for the OTC yield to go away.
I think it would be July 19th, based on the following statement in the 1-A POS -
"This Offering will commence upon qualification by the Securities and Exchange Commission (the “Commission”) and will terminate upon the earlier of the following events (i) when all of the Shares offered are sold; or (ii) the close of business 180 days from the date of qualification by the Commission."
The qualification was on Jan 19th. But the revised offering (the 1-A POS) was on Feb 8th, so that could mean it ends on Aug 8th.
The question is will we see an SEC 1-Z ? We really need that to show everyone the offering is done.
Need some news. He said he was trying to get OTC current in his last Tweet.
Keep nibbling on 3s and get rid of the damn offering, and we may be okay here.
Well, that is good news. At least the end is in sight.
2's are flying off the shelves today. Good volume so far.
Yep, endless supply.
Nibbling on the 3's, but there are a lot of them.
A bazillion. Maybe 23B? I lost track.
That would be nice. I think they need to be done with the offering before we would see that though.
Chewin' on 2's today. Still a big ask wall at 3 though.
I don't see David Rees named anywhere in the last quarterly as owning any preferred stock, but I guess that is what the legal action was about. He stays off the books and makes money under the table.
He is still list as part of "the team" on the website though. https://thirdbench.com/team/
Here is the story- https://newjournal.net/2022/01/31/las-cruces-cabinetmaker-accused-of-deceiving-consumers-in-trial/
It will be very difficult to push through while that offering is active.
Yes please. But they would need to do an SEC 1-Z to show everyone they are done. And where are those "updates next week" he mentioned in April?
Not far enough I fear (still at 12.168B out of 30B). Our only hope is they give up on it. At this rate, it would be end of year before they are done with it.
Holy crap! It's sad to be excited for 3's, but at least it's doing something.
His last tweet said "more updates next week". That was April 22nd.
Yeah, I was surprised. Still, we are being held back by that stupid offering.
We would need to see an SEC 1-Z before any "run" could occur. As long as that offering is out there, this won't move.
And he just tweeted "we will be current asap. attorney has the letter".
Well good. At least he's trying. He needs to get his Fu**ing filings up to date before we go grey and can't trade it.
I still am not clear how FMS marketing is related to ONCI though. He needs to explain that clearly and not act like a child on Twitter.
Actual company news through OTC would be great also (even if it is made up garbage).
Another crap-tastic day here.
Wow. Big dump.
Me too. So many better places to put my money.
More debt! Yay! Lets buy some more shit we can't afford!
Yes. Attorney letter. That is what OTC needs.
Agreed.
They are all turds from the same bowl.
Interesting. I don't see anything on his twitter feed-
https://twitter.com/orie_rechtman?lang=en
Steve needs to get his shit together and update the filings before we go grey.
Like a slow motion train wreck, I think it will be done when they loose momentum. So, maybe they realize the price will never go up as long as they have the offering out there, and they end it early and do the name change.
We need an SEC 1-Z. Until they are done with the offering it will hang out in this price range.
It would happen after the lunch lull. 1:30 or 2 PM ET or maybe the MM's will lay off it for awhile and let retail chew through the 4's on the ask so they can have 4's on the bid to dump into.