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Please name some tickers that uplisted from OTC to Big Board while having a CE.
I would like to research them so I know the truth for myself.
What CE tagged OTC tickers have previously gone to Nasdaq? Name some.
Veemost bailed without a second thought.
3 billion market cap for a dude and a mailbox? That's all the company is.
The trucking company has no history, it's name was registered just last January and as the financials show, it has no operations. The address is just a mailbox in a part of town that has graffiti problems as viewed in Google Street View.
The story about "same attorney that got a CE removed in 2 weeks last June" is entirely fictitious.
Name the company. You will find that it has never even had a CE applied, much less removed.
That twitter account has been caught in several lies now.
But there was no CE removed. There was never a CE to begin with.
Don't you think there would have been a LOT of CE discussion on that board if there had actually been one?
Looks like it's just one poster trying to pull a fast one and pretend a CE had been removed.
Unfortunately, I know how to check these things and that's how I know that ticker has not had a CE.
And that's how I know that the story about TXTM using the same lawyer that had a CE on that ticker removed in 2 weeks last June is totally bogus. It's a lie.
The sharp-eyed will note that that is just a standard attorney letter, there is no mention of Caveat Emptor anywhere in it. The document title seems to be just an artifact from a previous iteration used elsewhere with another ticker when there was an actual CE involved
The sharp-eyed will also notice that letter is from 2020, not from June of this year.
DNAX has still never had a CE according to OTC Markets, and that's who issues them.. The story about TXTM using the same lawyer that got one removed there in 2 weeks in June this year is entirely false. It's a lie.
There was no CE on ticker DNAX back in June. And yes, I know how to research that. Telling me "I just need to find it" is the laziest cop out ever for not having evidence to support one's position.
https://www.otcmarkets.com/stock/DNAX/security - scroll down to the Corporate Actions section and then click on Symbol Changes over to the right. That is a drop down in which you can then scroll down and select Caveat Emptor.
CE additions and removals would be listed there, including their dates.
Except in this case they are not, instead there is the message "Has not been designated with Caveat Emptor".
Because it never had one. The story about TXTM having the same lawyer that had the DNAX CE removed in 2 weeks last June is entirely bogus. It's fake. Made-up. Fictional. Imaginary.
Prove me wrong. Let's see it.
Ticker DNAX appears to have never had a CE in its history with OTC Markets.
Sounds to me like a tall tale with no facts behind it.
What evidence do you have that the CE will drop?
They need filings, I agree.
I'm just not sure that the CE magically comes off then. It was not applied for late filings. Why would current filings remove it?
The company says they have OTCIQ access back which means they can post filings and make OTC Markets profile changes and stuff.
People are confusing that with CE removal. However, it is most certainly not CE removal.
There are plenty of examples of tickers that have OTCIQ access and still have CE's years after they were applied.
I'm not claiming the CE will not be removed, perhaps it will. But that is independent of OTCIQ access.
Soooo, why didn't they just remove it when they were in there making the change for OTCIQ?
Perhaps because it is not coming off at this time after all.
He's wrong about R/S. Here it is, right from Frank:
Why is @Alpharidge_Cap slow at closing deals? The "No Reserve Split for 24 months" clause. There are accommodations, flexibilities and exceptions for RS for the purpose of uplisting to Nasdaq. 99.99% of our shareholders dislike Reverse Splits. Shareholders protection comes first.
— Opportunity Zones Capital, LLC (@opportunityzon) March 15, 2022
I'd like to see something beyond a signature. He was introduced as an EV entrepreneur. That's it. No mention of what he has been involved in before. And nothing can be found anywhere that mentions him. There are no business registrations, no websites, nothing. All those people finder websites even have nothing. Google your own name and see how many "public record info" websites you show up on. He shows up on none...
It's like a guy ringing your doorbell out of the blue and saying he wants to repair your roof. He has no truck, no business license and no references. But he wants money up-front to do work. Me, I don't fall for that common scam, but every year some do.
Even his audited financials are suspicious in how they were entered. They were not actually filed, as you now realize. But they were enough for less sophisticated investors to just hear something somewhere and think WOW! We must be fully legit!
Why doesn't he do things properly? Why the sleight of hand so he can announce "audited financials released", as if they had been filed, when they were not?
As far as why would someone do this? Look at all the red volume bars every time he tweets. Someone has had plenty of shares to sell ever since he came on board. Suspiciously so.
Come on "Adam", prove you are legit.
1. Fraudulent stuff happens all the time in the OTC. You can read about some of them here, https://www.sec.gov/litigation/litreleases.htm. Come on "Adam", prove you are real. Let's see it.
2. Those were not officially filed SEC 10-Ks. Those were what one normally files with OTC Markets when you're not an actual SEC filer. Including them as an exhibit to an 8-K does not magically transform them into official 10-Ks.
Give the guy a chance? He announced that he was naming a partner right off the bat. I was suspicious at the time. And now in retrospect, it is obvious he was in fact lying his ass off. Go ahead, go through his timeline through the eyes of today.
Remember this?
We anticipate announcing a partner in the next few weeks for our installing plan.
— Nano Mobile (@OfficialVnth) September 30, 2022
It's still "SEC Crowdfunding" status. They are not "fully SEC reporting". The financials weren't even officially filed, they were only included as an Exhibit to an 8-K.
If they were proper SEC filings they would be in the form of 10-Ks and officially filed as such.
Plus they only cover 2020 and 2021. We are now in December 2022. Something to keep in mind.
Make sure to cross the goal line before dancing and celebrating.
OTCIQ access is not the same as CE removal. Is it a first step? Perhaps. But perhaps not. Other tickers have access as well yet have had CE's for years even.
Yup, they have full access and are totally current in their filings and have been. Yet their CE's remain. Something to keep in mind before ordering that Lambo.
The agreement/contract/deal was not posted to OTC Markets. There was only an 8-K announcing that it had happened.
We have no idea what the actual details of the document are.
It was not made public. One can only go by tweets.
If you think they will uplist, a reverse split would be required to get the price up to where it would need to be.
That's not fear, that's fact.
They are lying out their ass in that tweet. Look at the pictures. That information is for Yoyo Freight, a Danish company.
MSMY is YG Yoyo LLC which was registered just last January in Delaware. https://opencorporates.com/companies/us_de/6569510
"Adding to the mist" has been in every filing he's made, right down to the typo.
He has yet to add another business.
CE OTC's without current filings will be all the rage in Nasdaq SPAC mergers this coming year, oh sure.
The "trucking company" was invented just before the shell was bought. Do an OpenCorporates search for yourself, don't take my word for it.
Check out the most current financials that were just filed to see how big is the trucking company. The numbers are there. Well, I mean that's where they would be if there were some.
There are no numbers. It seems to be zilch. Unless you count those Liabilities. Ouch.
News today for the other ticker has no bearing whatsoever on the future of ICOA.
You are mistaken. The CE is not dependent on keeping current with filings. In fact, they have had Pink Current status since regaining it in October. And Expert Market is the result of no filings, not CE.
The CE is an entirely separate issue. It doesn't get solved with simple filings. Oh no no no.
Ouch... Thank you for the reply.
Has the company been giving any private updates in the private Discord? Or have they stopped communicating in there too?
Anybody on Twitter falling for another Cardi B pump attempt is an idiot.
If they pretty much get their money back then I can see why some of the OTEC shareholders would rather redeem than go through with the merger.
These are Big Board investors that would presumably have been expecting a Nasdaq-caliber company to merge into the SPAC. When it finally turns out to be an OTC company and one with a CE no less, I can just imagine their dismay. After all, it's entirely possible there is even an SEC investigation going on behind the scenes with MJWL.
Why hold through a merger that has baggage like that if you can just bail out and use those funds instead in something not so sketchy? These aren't the naive penny traders we are used to that always hold and pray for moon even when things turn sour. They can just move onto something else, and it seems that is what some of them want to do.
We'll see what happens Tuesday.
The Promotion tag does not care whether you agree with me or not about pumping. It was applied for a reason. And that reason was pumping... That's what that tag gets applied for, that's why the tag even exists in the first place. It is to warn investors that there is pumping going on that they should be aware of.
Good luck with the shorting conspiracy thing. That's what uninformed investors think when they can't understand why the price keeps dropping on their beloved little penny stock. They just don't understand that frontloaders, insiders and toxic lenders are happy to dump and dump and dump away on their naive little selves. "It's the evil shorts!" and of course the good old "market maker manipulation!" are some of the excuses used to misdirect away from who is actually killing the share price simply by unloading shares. It's as simple as that. It's not the illuminati at work in the least. It's just getting dumped on.
As far as TXTM doing nothing wrong, well, uh perhaps you may have noticed it has a CE. Those are not applied lightly and generally do not come off easily. There will be weeks, months and perhaps even years of investors on Twitter, Telegram and Discord all telling each other it was a mistake and that it will for sure come off any day now and then it will be all rainbows and unicorns forever and ever. In the meantime the price keeps dwindling lower and lower and lower.
The smart ones sold the moment they were able to on Monday morning. The rest are now in CE hell and don't know it yet. The denial will eventually fade as time goes by and reality starts to eventually take hold. Let's see how they're doing in, say, a year.
Yelling October 28 over and over makes no difference to the facts of what happened this week. Too many redemption notices were received to continue on.
They postponed until Tuesday so that hopefully some of those folk would reverse their redemptions. If they don't then the extension is kaput and OTEC is required to close shop. Obviously that would then mean no merger for MJWL.
It is clearly spelled out in the article that anyone can and should read for themselves, https://ih.advfn.com/stock-market/NASDAQ/oceantech-acquisitions-i-OTEC/stock-news/89617533/oceantech-acquisitions-i-corp-announces-postponem
In the event notices reversing the redemption request for sufficient share are not received, the Company will be required to dissolve and liquidate.
Read the article. They postponed the meeting that was supposed to be held today to November 29 to try to get people to reverse their redemption. If not enough do then the company will dissolve and liquidate. That means no merger for MJWL.
This is current happenings, not stuff from before the merger announcement.
Seriously, read the article instead of dismissing it out of hand.
It's from yesterday, not from before the merger announcement.
The merger is toast if some people don't reverse.
You are not "good" until then.
He also uses that email address for NTAI, both on the OTCM profile and in filings.
Not if some of the OceanTech redemptions aren't reversed. In that case it will be required to dissolve and liquidate - no merger with MJWL.
It was in yesterdays news release I posted earlier.
They filed a Form C, which is supposed to be for crowdfunding campaigns. Seems to be some type of loophole being exploited to get around filing actual financials with actual details.