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.
Looks like they must be finally ready to communicate and execute a plan!
You have no idea what the new company has planned nor does anyone else on this board. It's a wait and see...
Totally irrelevant to today....
It's an interesting and valid perspective. Maybe he's looking at reverse merger and then using Clear Think to help raise a lot of funds once he increases the valuation. That way he doesn't have to give away as much equity.
They pretty much always filed on time. Nothing like this delay in the past.
There has to be something in play for them not to file. I don't know what yet but just have to be patient. Hopefully we get a positive surprise...
They need someone to help explain their story. I certainly don't know what they are trying to do....
Isiah is still tweeting NBA stuff so there is at least that....lol
None other than to prevent the price from going up
Yeah, I'm sure they definitely got a few calls.
Weird that they updated everything but the float.
Also, if they went the SPAC route they get to determine the price. Remember they complained that they were undervalued.
Maybe they determined 20M wouldn't be enough capital....
Found this interesting on Clear Thinks website....
https://clearthink.capital/why-otc-companies-should-consider-spac-mergers/
Is this what Isiah has in mind? With the amount of capital that would be required to start the commercial hemp product and the cbd beverage line I think it's a distinct possibility this is why Clear Think was hired. I would love to hear other's thoughts...
If they deliver on 25% of what they have talked about we would be fine...
The float thing is throwing me off. I don't see how that decreases without filings.
Unfortunately, only the company is going to be able to verify the float. Nobody at the transfer agent or otcmarkets will verify. If the company is in the middle of a corporate action I doubt they will respond.
They could sell the credit and then go into production. No different than ordering a car and waiting 3 to 6 months for delivery.
I don't know where they are getting the money from but I would think selling carbon credits would be a material event and require an 8K.
Man, this could be structured multiple ways and we really don't even know what kind of startup capital is truly needed to get this off the ground. Are the carbon credits ready to go? If so, how much will those sell for? How much do they need to get the commercial hemp going? How much do they need for the new cbd beverage? I'm sure there is a plan, we just don't know what it is yet...
I honestly don't think Clear Think is set up to be an IR firm even though the PR makes it seem that way. I think they are more tailored for merger/acquisition/SPAC type deals. If I had to guess that is the hold up with the filings being late but we will find out sooner than later....
Transfer agent said they will only disclose to authorized users of the issuer. What a crock...
I didn't get that far with him. Once I find out the correct number I will ask what the previous number was.
Where does it say anything about AI?
He didn't say
He told me they were getting two different numbers so they would have to dig further to figure out what was correct.
Spoke with the TA this morning. Whomever I spoke with couldn't verify them over the phone and asked me to send an email. They were going to have to dig into further. I have a feeling the number listed on OTC Markets is incorrect. I will provide an update once I hear back.
Clear Think was brought on for a reason. That's not a cheap firm to hire.
Wonder if it's worth calling the transfer agent to verify the float piece. That seems weird. I was thinking possible corporate action for the late filing...RM in play?
That is a possibility. Seen it happen before.
Hmmm....I thought it 40,000,000 float but now I'm not sure...lol
You would think they would still file it today. We'll see...
Hard to say but I have seen it happen now 3 or 4 times lately where we get good buying at the beginning of the day on the ask and sold off on low volume in the afternoon. Somebody just trying to keep the price in check for now I guess.
Some nice buys today
I would think a carbon credit announcement could put this over $1....imo
Great find Sello. Thank you for sharing.
That's a good question!
Interesting volume here today....
Assuming we are still waiting on update from company? 4M on the ask now. Really chump change if they get this thing moving...