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correct, it's a shell, nothing going on, SSM Monopoly Corporation is the custodian, seeking for a private company that wants to go public via reverse merger (cheaper and faster than IPO).
https://ssmmonopolycorp.com/
https://www.investopedia.com/articles/stocks/09/introduction-reverse-mergers.asp
Good point.
The point is that they are very busy building a company. The acquisition of Vitana X Europe AG, new products, training partners for the US market, marketing,...they did a heck of a job lately. They are sales and marketing people, they wanna grow.
Since the new SEC rules and the SEC suspension stuff, which by the way is a very good thing for the real (OTC) tickers, they should know getting current is very important, creating a lot of shareholder confidence.
The existing shareholders know this thing is real but they want this thing to move, share-price-wise. They want Fidelity (and other) traders to be able to buy, they want the stop sign gone, they want a sort of stamp on the company that states it is ok to invest in it, although the lack of a stamp does not make the company any less promising.
Back in january Vitana-X has engaged with a law firm to apply for FDA submission to gain approval to distribute its products in the U.S..
I am sure this law firm will have stressed the importance of getting current as soon as possible although they have till june to do so. Being GHHC they had a law firm as well.
https://www.prnewswire.com/news-releases/sec-adopts-final-amendments-to-rule-15c2-11-attorney-laura-anthony-sees-changes-for-otc-companies-301153226.html
Is it the combined financials thing that causes the remaining financials not being uploaded? I doubt it. Is it OTC Markets not being able to catch up with the flood of filings due to the new SEC rules? Possibly. Did management not give enough importance to the need to be current as soon as possible? Maybe.
We don't know.
What we do know now is that very recently the OTC profile was verified together with the description, address, website, etc (and that we liked what happened on March 13th ).
https://www.otcmarkets.com/stock/VITX/profile
Now we just wait for the filings being uploaded. I will just be happy to see them. After that I will go through them to determine if they really make me happy as management suggested.
In either case the recent OTC Markets changes bode well. So, IMO we will get pink current and I have not a single doubt that VITX will continue to trade.
Without those new rules VITX could easily grow without the urge of getting current as soon as possible.
It's just a matter of trust here.
Just a little patience. Yes, there are other tickers moving faster on less material events. That's part of the game. Stressfull for traders not for investors.
Yep. As always, patience. I didn't expect a huge rise. MM's controlling otherwise it would be a rocketship, simple. That's what they do. Fidelity and other brokers allowing to buy as soon as current shows up. This will be a cash cow in time, but I'm also curious about the past revs, which may be indicative. Hopefully they can keep their sales reps in line. They have an important task.
We have till 30th june to get current. Besides our CEO is very informative and I'm sure he'll respond to the SEC's requests. We're good here. Shares at a discount now.
Nowadays marketing is (almost) everything. And man o man, are those guys good at it! No PR after PR and tweet after tweet. Just the necessary public information. Building a company, not a P&D here.
terrific, glad to hear VITX found the time to get the financials uploaded in time (well...they have till end of june). Oh yes, they're doing fine. Great to hear. Wonderful beginning of a splendid saturday!
$VITX
Finally. Crazy here. The company repeats its projected revs and nothing moves. 450M-1B revs for 2021??? We should be at 5-7$ now for starters.
$KAVL - een miljard omzet voor 2021? Aan 2$ nu! SOLDEN
https://insiderfinancial.com/kaival-brands-otcmkts-kavl-could-do-1-billion-in-sales-for-2021/181127/
Wednesday - May 12, 2021.
Still two months to go. A little optimistic perhaps. If this date doesn't make it, I hope the Belgian government has already opened the cafes by then so I can get really drunk. If not, I always have a crate of "Trappist Westvleteren" to blissfully forget.
GM, tick - tock.
Have a nice one today!
$VITX
they've got till june to become current.
should bounce here.
Wondering if we see attorney letter before of after European Dresden event. As we saw in other that went current, it could take a while. Definitely looking forward to the global growth schedule as will be outlined in Dresden.
$VITX
Good Read, I'm LMAO in a sea of red. Thanks a lot. We're good here.
It's not only a matter of subsidies. It's also a matter of taxes, regional taxes. Europe issues the outlines within which the various member states can pursue their own policies regarding EVs.
In a lot of memder states you have to pay little or no road tax and
many electric vehicles are registered as commercial vehicles. In various member states the entire purchase cost of the cars can be deducted for tax purposes. The same goes for fuel- powered vehicles by the way. The EV way of life in Europe is there to stay imo. It will sometimes be a bumpy road. The EV- users I know of, are thrilled with their vehicles and are willing to pay more. But not everybody of course. EV prices will fall, and why shouldn't governments discourage fuel powered vehicles? Look at the low emission zones in many European cities, increased taxes on diesel vehicles, car manufacturers must meet emissions standards and are fined if they do not etc. Agreed, it won't be all blue skies for EV's but, as we know, Europe has ambitious renewable energy targets and has pushed them, through a legal framework (directives and regulations) in every production and consumption process. I believe it's there to stay.
Very bullish article for BRLL. Thanks for sharing.
Yes, recycling of batteries is a necessity given the increasing demand for batteries and the limited annual production of Lithuim. The geniuses at the nevada R&D center will have to figure out how to recycle as cost-effective and in the most environmentally friendly way possible. What's the residual value of used batteries? Is it economically feasible to extract the raw materials from the batteries or is it better to find another use for the spent batteries (after manipulation) or both or are there other ways to get as much out of the used batteries as possible?
I believe Ashok Shukla and his pals will find ways to respond to these questions and take the necessary steps to meet the increasingly explicit demand to recycle those batteries (with all the valuable metals and REE's).
Do we really want to be dependent on China regarding the supply of those raw materials as happened before (regarding REE's).
Let's invest in ways to reuse raw materials and not wait until supply can no longer keep up with demand at all.
Thanks for sharing this article. Hopefully the party involved, i.e. TSLA, will draw the necessary conclusions from it. But I think Musk is well advised.
The user experiences - and expectations displayed are very understandable and very human. Important for the potential buyer of an EV is price and range (secondary also customer care etc.). As we know the lack of charging infrastructure is a problem (not only in China) as well as the charging time (up to 80% in 30min for a supercharger I believe). Some companies are working to reduce the charging time (up to 100%) to 5 min, about the same as a fuel powered car, using a different battery design.
TSLA is wise enough to draw lessons from local policies, buyer expectations and infrastructure presence now and in the future in the countries where TSLA is/wants to be present. If not, TSLA shorters'll shout hurrah.
As we know, BRLL is not a car manufacturer. I would suggest BRLL to sell batteries to all interested buyers, not only in the EV sector and definitely not only to TSLA, but also to NIO, LI, XPEV and many others. .
We will be fine here.
Ok, thanks for sharing your opinion. You could be right, you could be wrong.
http://archive.fast-edgar.com/20210302/ANZCB22CZ22FK2Q222222CZ2G5MFZZ28G232/
Nice article. Summarizes what's been going on for decades.
I don't agree with everything this author writes and the scope of the article is very broad and most of all, it's the author's opinion. It is rather a moral tale of an oil- believer in an economic bolster, fodder for sociologists, philosophers, psychologists and macro-economists rather than for people who want to invest in clean energy solutions. The author shifts the actual debate (population growth, the quest for energy, global warming) somewhat by mentionning the printing money argument.
I'm a fan of facts. The author claims to be as well in his "Reality check".
My facts:
-we will very likely need more energy in the future (even if we consume less). Just look at the consuming expectations of the Indian and Chinese middle classes (they outnumber the population of, say, the US and Europe). Investing in new energy solutions (whether "green of not") is a must.
-Clean energy requires vasts amounts of energy and CO2 continues to be emitted.
My thoughts:
-the person who tries to convince people that CO2 is not the cause of global warming will have a very hard time (my thoughts on global warming below).
-robots will replace labor and robotization will be taxed.
-people don't care if a bread costs 100.000$ or 1$ when their standard of living remains the same.
-science is making progress, and a lot. Batteries will be able to be recycled and new, more profitable and environmentally friendly sources of energy will and should be discovered.
About the "Reality check".
1. true. Like oil refineries need to be renewed, alternative energy installations are not going to last forever.
2. A lot of company's are betting huge on battery storage systems. We will get there. Just look at the evolution that took place in a few years time.
3. Batteries as a toxic costly landfill. Battery recycling? I'm familiar with a company that goes for it
4. Hey, author, shall we give it a try? Great things never came from comfort zones.
5. Apparently this author has dug all over the world for energy sources. The article focuses only on clean energy. Why? the author makes the decision not to focus on the transition phase to other energy sources and the merging of fossil fuels and other, supposedly "greener", energy, nor on the will of entrepreneurs to tap new energy sources. Fossil fuels can also be made greener! Let's not neglect that development either.
6. What's the cost of Exxon Valdez, bp oil spill in the gulf of mexico, the tens of thousands of tons of oil in the oceans every year, diseases cause by CO2 emissions? Every energy source has its cost. Let's embrace scientific research on renewable energy sources and the efforts to make oil extraction and combustion more environmentally friendly.
7. What a negative statement. Now we end up again in the human brain and macroeconomics. More than 40 percent of Germany's electricity production is derived from solar panels and wind turbines. People CAN change their habits. People can live healthier by consuming less fat. People can consume less or more thoughtful.
Either way, let's keep the oil and invest in renewable energy now that we're going to need more energy and that's about the only thing the author and I agree on.
Where there's a will there's a way. Does the author have the will to embrace the - what he calls - "appealing fantasy" of renewable energy even if it might not be as green as we believe? I hope so.
I'm going to leave it at that.
My take on global warming.
Is global warming caused by humans, through their massive consumption of fossil fuels? Opinions differ. My opinion is not important but I will share it:
When you go back in time, you see that ice ages and warmer periods alternated, that petroglyphs were discovered in caves that are now 40 meters below sea level. That's something scientists are allowed to ponder. A nice article: (only abstract here): https://science.sciencemag.org/content/318/5849/435.abstract
In an interview in Science Daily in 2007 Lowel Stott (Department of Earth Sciences, University of Southern California, Los Angeles, CA 90089, USA) says: "I don't want anyone to leave thinking that this is evidence that CO2 doesn't affect climate. It does, but the important point is that CO2 is not the beginning and end of climate change." I think Stott could be right with his believes. Carbon dioxide is a greenhouse gas and has an impact on the Earth's energy balance. But that does not mean that atmospheric CO2 is the "major trigger" for climate change. That issue is something scientists are allowed to ponder.
To me carbon dioxide is the result of global warming not the cause. That does not mean that the consumption of fossil fuels would not contribute to global warming.
Lastly, don't try to convince people that CO2 is not the cause of global warming. You will fail. And that precise conviction will drive an irreversible revolution to renewable energy and company's like BRLL that decide to build a li-ion battery manufactury in a nation that wants to be completely EV by 2030 (billions of subsidies for car buyers and entrepreneurs) and where Musk is building an electric car manufactury plant "close" to Roshan's headquarters.
that's Memorandum of Understanding.
https://barrelenergyandtech.com/corporate-news/f/barrel-energy-signs-mou-for-lithium-battery-production
True. That's a choice they make. They've got a Li-ion manufactury to build in India with Roshan, things going on with Flote App inc., a Nevada tech center (R&D) to manage,...first things first probably. They're a real company in a hot sector. Future is bright here imo. The sec is not suspending OTC's just because there's a STOP sign. Stop sign should be gone by june according to Sec rules. We're march and building a big company.
We're getting audited filings, not just filings. The latter are easy to fix. BRLL chooses audited statements like the big boys.
Agreed, quiet before the storm. So much to hear from: current, acquisitions, retiring debt, new factory by end march,...It must be the stop sign + MM's snatching shares from the impatient.
KAVL, a company that executes. Well, 400-450M revs is a lot, but I'm starting to believe in it. Now Europe, Bidi pouch, FDA approval of stick flavors, 10Q, Nasdaq. Oh my.
Nice, Roshan confirms the MOU.
I believe in the company as well. Do folks really want to believe that the companies involved in the latest PR's aren't real or would allow their name to be used unlawfully regarding partnerships? Come on!
The MOU regarding the partnership with Roshan is real.
The company is getting audited. Most OTC company's become current unaudited. This takes time. End of march as tweeted.
Together with Roshan, BRLL will develop and produce Li-ion batteries in India (R&D in Nevada Tech Center), the country where Musk is setting up an EV manufacturing facility this year.
By the way, India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities.
From the 02-10-21 PR: "India is a nation on the forefront of innovation and technology and represents one of the largest markets for Electric Vehicles (EVs) worldwide with plans to become an all EV nation by 2030. Roshan has already developed strong partnerships in China with deals with Guangzhou Great Power Energy & Technology Co (http://www.greatpower.net) and Suzhou Chilwee New Energy Power Technology Co. (http://www.sz-cpet.com/en/) and has a impressive line of Lithium Battery products for EVs, Medical Equipment, Solar street lighting, the telecom industry as well as medium and large energy storage."
Clean energy, EV is the future. BRLL takes a position in this sector and took a wise decision to go to India with its plan to become an all EV nation. Of course we will have to take a look at the contracts and rev streams for BRLL. Time will tell.
The stop sign is only a problem to those who don't see further. Stop sign has to be removed due to new sec rules and it will. The suspension of a few tickers didn't surprise me. The declining shareprices of real companies who were swept up in a downward trend, is a gift. I'll be buying the blood and will continue to read and wait.
We had 5 PR's this month. The first caused a spike, the others just made folks stare with their mouths open without touching the purchase button, so I think you'll be fine.
Couldn't agree more. Bought more today. No stress here.
10Q imminent, FDA- approval imminent, Nasdaq imminent,...
So, we are @ 2.5$ and need to go to 4$ for Nasdaq (or between 2$ - 3$ with conditions). Confident we get there with the 10Q halfway march (or a bit later since it's KAVL here). We should leave OTC for sure. We need big buyers, institutions. Really no volume. All this good news and nothing happens. 400 - 500M projected revs this year. We should be @ 10$ by now. What am I missing?
$VITX
needs to get current (new sec rules)
needs positive FDA approval news
needs the products US launch
After that the stair stepping can start over again, we can relax, sit and forget.
Nowadays too many P&D calls in OTC, no revs, no value, no nothing.
We have a terrific value growth story here.
Nice SA article. The marine scrubbers earnings will be lower, but the futere with CSP, BESS, partnerships, etc looks very bright. They should uplist to gain more (buying) attention.
Ja, het is me wat geweest. Best flinke portie cash aanhouden nu.
Wat een *****dag, wat een duik, precies nog niet veel eerder meegemaakt. MM's die samenspannen. Overal koopjes. Hopelijk snel terug gestabiliseerd. De value aandelen krijgen minder klappen.
nobody home? Graphene is absolutely THE material of the future.
There are several companies that are experiencing delays in becoming current so i'm not worried. FDA approval is mainly what interests me. Hopefully the FDA doesn't want them to come over to explain the patented micelle technology. If so, I'd like to hear it on their next call coming thursday
little volume.
wait till current.
This is a good one.
ondertussen:
KAVL: : 2,6$ (flinke runner, morgen cijfers?)
VITX: 0,03$ (blijft maar stijgen)
GTLL: 0,026$
TSNP: 1,4$
CLHI: 0,48$ (RS, niet meteen zo prima onthaald)
COUV: suspended (ouch) by sec (uitgehaald met idiote covid zever)
WATCH: WDLF, CTYX, CBBT, BRLL, TSOI, IPSI (=TSNP 2.0)
that's more like it. Expected it yesterday. Eventually folks'll stumble upon the value stocks after a lot of P&D errors. Hold, just hold, simple as that.
why? Has BRLL sth to do with covid? Please explain.
Synergy Management has been appointed custodianship of CLHI (The Data Source), CSLI (MKH Ventures), STHC (Ameca Mining), and some other co's. We know what TDS does so TDS helps STHC in convincing Musk needs graphite and some REE's (and some others gold, palladium etc.).