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A plethora of 100 trades all day today, hmmm...
https://ih.advfn.com/stock-market/USOTC/sysorex-qb-SYSX/trades
Dip and rip
SYSX $$$
Nice add Janey
GRLT $$$
I know right? Thanks for cheapies :)
4’s and 5’s what a gift !
Adding the dip
PRCX $$$
No complaints here. Filled a bid :)
RSI is 67
SYSX $$$
Adding the dip. Volume precedes price
SYSX $$$
Sysorex Shares Letter from Major Shareholders
HERNDON, Va., May 03, 2022 (GLOBE NEWSWIRE) -- Sysorex, Inc. (OTCQB: SYSX), a data center owner/operator centered on Ethereum mining and blockchain technology applications, and provider of goods and services pursuant to contracts with US Government agencies, shares the following letter from two of its largest shareholders, Bigger Capital Fund, LP and District 2 Capital Fund LP, which was filed yesterday with the Securities and Exchange Commission in a Form 13D.
Bigger Capital Fund, LP and District 2 Capital Fund LP
to Work with Sysorex to Maximize the Present Value
Dear Fellow Shareholders,
Bigger Capital Fund, LP and District 2 Capital Fund LP (together with its affiliates, the “Funds”), are now among the largest shareholders of Sysorex, Inc. (“Sysorex” or the “Company”), with ownership of approximately 9.6% of the Company’s outstanding common stock. Bigger Capital Fund, LP and District 2 Capital Fund LP are research intensive investment funds. The Funds are led by Michael Bigger, a highly respected value investor who has achieved great success investing in various companies over more than 30 years. Joining Michael in the District 2 Capital Fund LP entity is Eric Schlanger, Co-Portfolio Manager and former Head of Equities, Americas at Barclays.
The Funds believe there is significant untapped value in Sysorex. The Funds do not intend to advocate for, or otherwise have any plans with respect to any operational or management changes; instead, the Funds intend to work with Sysorex regarding strategic matters to better position the Company to recognize this untapped potential.
Specifically, subject to the satisfaction of certain closing conditions, Sysorex intends to close on or about May 24, 2022, the transaction outlined in a Heads of Terms (the “Heads of Terms”), dated March 24, 2022, between Sysorex and Ostendo Technologies, Inc. (“Ostendo”). Upon closing, Sysorex will be the beneficial owner of 7,291,667 shares of Ostendo’s preferred stock (the “Ostendo Preferred Shares”).
Ostendo is a technology company that designed a Quantum Photonic Imager platform, purpose-built, to create next-generation, light field semiconductor chips and augmented reality hardware for consumer, enterprise and defense applications. With the financial backing of industry heavy-weights such as PayPal co-founder Peter Thiel and funding from government agencies including DARPA, Ostendo is the creator of what the Funds believe is ground-breaking technology with a wide array of applicability augmenting reality and enriching the metaverse.
Pursuant to the Heads of Terms, the Ostendo Preferred Shares are valued at $70,000,000. Mr. Bigger and the Funds strongly believe in the viability of the technology and the growth potential of Ostendo’s products; Mr. Bigger was further very impressed with a demonstration of Ostendo’s augmented reality glasses, which he personally experienced. Notwithstanding the above, neither Mr. Bigger nor the Funds have independently verified this valuation, which is based on the valuation attributable to Ostendo’s most recent, approximately $40 million, raise (Ostendo represents it has raised nearly $290 million to date from prominent investors). After the announcement of the Heads of Terms, the Funds increased their respective position in Sysorex to become one of the largest shareholders of Sysorex.
In addition to owning an approximate 9.6% interest in the Company’s common stock, the Funds hold an aggregate of (i) $2,250,000 in 12.5% Original Issue Discount Senior Secured Convertible Debentures (the “Debentures”) and (ii) warrants to purchase an aggregate of 796,112 shares of Sysorex’s common stock. While the Debentures have a floating conversion price based on the trading price of Sysorex’s common stock, the Funds have no intention of converting the Debentures into shares of Sysorex’s common stock for the foreseeable future. As indicated above, the Funds own common stock of Sysorex and may also engage in future transactions with respect to Sysorex’s common stock including both purchases and sales.
This letter may contain forward-looking statements, including statements as to anticipated or expected results, beliefs, opinions, and future financial performance. The forward-looking statements are based on current expectations and assumptions and involve risks and uncertainties that may cause the Company’s actual experience to differ materially from that anticipated.
The views contained in this letter represent the opinions of the Funds as of the date hereof based solely on publicly available information and do not represent investment advice in any way. In addition, the Ostendo Preferred Shares are only one element that may be used to value the securities of the Company. Investors and other parties interested in the Company are encouraged to do their own analysis of the Ostendo Preferred Shares and the Company. The Funds reserve the right to change any of their opinions expressed herein at any time and for any reason and expressly disclaim any obligation to correct, update or revise the information contained herein. The information included in this letter may not contain all of the information required in order to evaluate the value of the Company, the Ostendo Preferred Shares or its other current or future securities. Investors should seek independent financial advice regarding the suitability of investing in any securities or of following any investment strategies; the Funds are not offering or providing such services in connection with this letter or otherwise making a recommendation to buy or sell any of the Company’s securities.
Sincerely,
Bigger Capital Fund, LP
ABOUT SYSOREX, INC.
Sysorex, Inc. (“Company”) is a data center owner and operator and is one of the largest U.S.-based, publicly traded Ethereum mining and blockchain technology companies. The Company currently owns and operates thousands of NVIDIA Graphics Processing Units (“GPUs”), as well as hundreds of specialized Cryptocurrency Mining Processors (“CMPs”) (collectively, “GPUs”). These GPUs are currently online and securing the Ethereum blockchain and generating ETH around the clock with industry leading efficiency. In addition to the mining of Ethereum, the Company continues to operates its wholly-owned subsidiary, Sysorex Government Services, Inc. (“SGS”), a business that provides information technology products, solutions and services to federal, state, and local government, including system integrators.
https://www.globenewswire.com/news-release/2022/05/03/2434713/0/en/Sysorex-Shares-Letter-from-Major-Shareholders.html
SYSX $$$
Herborium® Surpasses Million Dollar Sales Mark; Reduces Outstanding Debt and Dilution
Houston , Texas, May 03, 2022 (GLOBE NEWSWIRE) -- Houston, Texas,05.03/ 2022. Herborium Group, Inc. (OTC Pink: HBRM), a Botanical Therapeutics Company and the provider of unique, all botanical medicinal, beauty and wellness products with a clinically validated records of efficacy and safety, announced today that the Company ended 2021 with a record sale surpassing $1Million as reported in Annual Report . 2021. This marks the fifth consecutive Positive Revenues Year .
This positive trend is extended to the First Quarter of 2022 that is also positive and indicates the higher sale that First Quarter of 2021
In addition, the Company significantly decreased its debt by eliminating over $250,000 in Notes Debt. This prevents future dilution and is important part of Company’s effort of increasing shares price.
Finally, the Company secured and maintained its highest standing on OTC Pink Current Information
Herborium expects to continue the sales increase in 2022 through the number of upcoming changes and special projects we will be announcing shortly.
The Company is also to continue its efforts to increase shareholder value and decrease dilution through the relevant capital structure improvements and valid partnerships.
About Herborium Group, Inc.
Herborium Group, Inc., a botanical therapeutics company that develops, license and markets proprietary, botanical based medicinal and wellness products to consumers and healthcare professionals. The Company business model focuses on emerging market opportunities spearheaded by the growth of a new market sector located between high-cost, high-risk, ethical pharmaceuticals and commoditized classic nutraceuticals (supplements). The Company uses clinical validation and a proactive regulatory strategy based on the FDA Guidance for Industry: Botanical Drug Products to establish and maintain a differential advantage. Herborium has secured a pipeline of botanical ingredients based products in the areas of dermatological needs, wellness and energy, women’s health and selected sexual disorders and has built the versatile, technologically advanced, interactive content platform to support consumer needs. Herborium Group sells its products in the United States, the United Kingdom, and continental Europe through a network of distributors, specialty retailers, and e-commerce. For more information, please visit www.herborium.com, www.acnease.com, www.acnease.fr, www.acneasesp.com
https://www.globenewswire.com/news-release/2022/05/03/2434619/26565/en/Herborium-Surpasses-Million-Dollar-Sales-Mark-Reduces-Outstanding-Debt-and-Dilution.html
HBRM $$$
Can a mod sticky the post I'm replying to?
SYSX $$$
It means watch for the rocking news this week
Technology is great when it works and sucks when it doesn’t …
— Herborium (OTC: HBRM) (@Herborium1) May 2, 2022
We had a tweeter glitch -not a company glitch; now the glitch is gone and we are on again, so watch for the rocking news this week $HBRM
I hear that, but the OTC in general has been on death support for many months, as I'm sure you know. Bid sitting has a time and place, for adding cheapies when runs are hard to sustain and people are selling out of frustration. I see a bullish trend returning and that will be the time to slap
HIRU $$$
RSI 14 is 73 power zone
SYSX $$$
Don't like it, don't buy it. I'm buying here
glty
HIRU $$$
Over $7.5 million dollar volume already today, on top of $6m Friday
Gotta love it, maxed OS too :)
SYSX $$$
Over 114k dollar volume today already and not one post? Not iHub money that's for sure
Not in yet but interested
Added that dip
SYSX $$$
OTC has a heartbeat again lol
PRCX $$$
Beastmode. Doesn't look like any MMs can slow this
PRCX $$$
Looks like it could get there
SYSX $$$
Here we go
SYSX $$$
Some brokerages or MMs. Certainly not retail as we all know
SYSX $$$
No you can't. One can put orders in of course, but they won't fill until the market opens, if they fill. If you really think retail can buy OTC stocks after hours, please do explain exactly how to do that. tia
In fact, you CAN buy Stinky Pinkies 'After Hours' --- you just don't know how to do that.
OTC is overdue for a rebound. Have a great weekend Doog and everyone!
SYSX $$$
Over $6 million dollar volume today
https://ih.advfn.com/stock-market/USOTC/sysorex-qb-SYSX/stock-price
SYSX $$$
RSI is still just low 60s
SYSX $$$
Wish I had gotten back in when it was sub penny, congrats to all who did. Last time sold mostly too late but still many multiples higher than here
SYSX $$$
Over $4 million dollar volume already today, looks like the brutal dilution falling knife thing is done
https://ih.advfn.com/stock-market/USOTC/sysorex-qb-SYSX/stock-price
SYSX $$$
Hard telling, I'm back in lol
SYSX $$$
Pretty active on Twitter including replies
https://twitter.com/cordiakitchens
CORG $$$
Looking great. Still loading this range https://www.fox13news.com/video/1061977
GRLT $$$
Sweet quarterly out
https://www.otcmarkets.com/stock/HIRU/disclosure
HIRU $$$
Yeah pretty strange seeing so many huge buys from Frank and the sp this much lower now. Not a good look atm
NIHK $$$
Is it? I'd love to see an order screenshot tia
Have a great weekend everybody. See you in June lol
DBOOMM $$$