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.
So the fact that the company kept everyone informed doesn't matter?
They have kept the public informed with 3 notices. Don't you realize that?
You know that the company sent out an 8K on 8/27 saying "Registrant believes it will resolve these complex issues shortly and expects to complete its financial statements for review by its independent accountants and will complete the filing of the Form 10-Q as soon as possible."?
I know what I own.
I didn't talk about valuation.
I think if you realize that since Scott and Floyd took over SOLI:
- became fully SEC Audited
- acquired CareClix-a top 5 Telemedicine company
- took Criminal Gregg Mullholland to court for illegally acquiring 12.6 million share and won.
- reduced the OS by 12.6 illegal shares.
- got a Sponsoring Market Maker to file a form 211
- raised 3 million in funds.
All the "hype" is warranted.
I think the point is that since Scott and Floyd took over SOLI:
- became fully SEC Audited
- acquired CareClix-a top 5 Telemedicine company
- took Criminal Gregg Mullholland to court for illegally acquiring 12.6 million share and won.
- reduced the OS by 12.6 illegal shares.
- got a Sponsoring Market Maker to file a form 211
- raised 3 million in funds.
Those are points worth focusing on.
I'm sure once the Q is filed things will move forward ( you know that the company sent out an 8K on 8/27 saying "Registrant believes it will resolve these complex issues shortly and expects to complete its financial statements for review by its independent accountants and will complete the filing of the Form 10-Q as soon as possible.".
You are wrong saying "OTCM has just created a way to get around having to use the dreaded “grey” word.... ". When I called the OTC today they said it was to increase liquidity by allowing MMs to see quotes.
Are you trying to make a point? If so, what is it?
People should call it correctly by what is listed on OTC Markets.
The CE will come off after the Q is filed.
Your opinion is " nothing significant". My opinion is this is great for SOLI. Better communication between MMs will enhance trading liquidity.
I use the correct terminology. I see what is posted on OTC Markets and use what is posted their. SOLI is underwent a tier change is now on the Expert Market. I called OTC Markets today and know all about the reason for Expert Market and I very please SOLI made the change.
I agree...I take facts over opinions every time.
OTC Markets page for SOLI shows "Expert Market" not Grey Market. I believe what I read there vs somebodies opinion.
Why can't it be both?
WOW! 11 years ago. You do have patience.
I hope you make a fortune on it.
I just spoke to OTC Markets about Expert Market v.s. Grey Market.
Expert Market is in no way worse than the Grey Market.
Expert Market allows for better liquidity than the Grey Market.
Inferring that Expert Market is worse than the Grey Market is wrong.
I'll take a mercy Q or a bored Q.
Now that makes sense.LOL
Yeah that makes sense. People don't do things for a reason. I hope they get bored and release the Q.
I guess you saying "EXPERT MARKET designation doesnt mean squat." is your opinion?
There is no "oddity" on the form 10-12G filed.
As I have posted many times on this board, the form 10-12G is effective 60 days from the last amendment and there is no communication of effectiveness. I have spoken to the SEC regarding this process.
Your are incorrect...
I just spoke to Nancy in OTC Markets and there is NO fee for this tier change.
Also, she said that a Market Maker requests the change to Expert Market. I asked her if it was the Sponsoring Market Maker and she said probably but couldn't say who.
Well with someone who says there isn't a form 211 when we call and FINRA says there is an open 211, I'd say it is the latter.
SOLI for the win.
You got that right daiello. Facts aren't opinions. We deal with facts and DD.
There is an open Form 211. I spoke to FINRA this morning regarding it.
You can't say there isn't a 211.
I called them...can't buy with a CE.
My question was regarding Fidelity accts. I believe Fidelity doesn't allow buying if the stock is on the Grey Market. Now that we are on the Expert Market I wanted to know if Fidelity allows buying?
Does anyone here have a Fidelity acct?
Can you put a buy order in for SOLI with this tier change?
Nice post jdmjdm! You are right about all the DD and once you review it you can see the quality of management, potential of CareClix and what the future could be.
SOLI for the win.
You got that right Threewheeler!!
The owner of a private company can benefit greatly by getting acquired by a public company, getting stock, getting access to the resources of the public company, etc..
It's not just about the price paid.
What a company pays for another company is independent of the value of that company.
Private companies are acquired for many reasons and aren't necessarily directly related to what was paid for that company.
How did you come up with a value of $2 million for Careclix?
Those shares were illegally given out by the previous management...not the current management.
Read the court documents.
Do some DD!
Tell me where is the pump?
Besides some retailers getting impatient, where is the dump?
The problem with SOLI is very few people even know about the company and their acquisition of CareClix. We need more people reading about the company and the DD.
Most of the longs here are fully loaded ( are buying samll ) and as I said before, some are taking profits or getting impatient.
I guess it is easy to claim pump and dump when you bought high and lost money.
But there is no evidence of a pump and dump.
SOLI has communicated the reasons for the delay in the Q, so they are conducting themselves properly.
Yes management is getting things done...they refilled their disclosure and quarterly and are now pink current.
We have their closing on Rare Metals and Gems Investors, LLC. coming in less than a month. I wonder what else they have up their sleeves?
why would CareClix tweet negative stuff about themselves????
You keep saying the same thing over and over even though I have addressed this numerous times.
Your posts:
-There is not one solitary logical reason the shell was necessary in the first place.
-the shady grey sheet shell was not necessary in the first place.
-They filed Form 10. No shell even necessary.
-The shell wasn't necessary in the first place, nor those illegally issued shares, nor the grey sheet status.
-Tell us all why the shell was necessary in the first place.
Just some of the responses:
-I assume it’s cheaper than doing an IPO
-This is two years in the works. Why not buy the cheapest shell possible? The lawsuit was unexpected but easily won. What are the other obstacles exactly if the 211 is already submitted?
Please Enlighten us!
-Probably because SOLI wants to remain as a holding company and wants to acquire more investments.