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.
This is not a PR. It is a BS solicitation. Like the type that prompted Vert to release the previous 8K.
Alright Richard, let me explain (with perfect grammar) why you are wrong:
A form 15 does not clear SPCL from its past delinquency, it only alleviates future filings; they could still be halted if they file a form 15. A form 15 would not alleviate their delinquency at all and thus won't happen because it would be useless.
KT. They are in the fbook group. Posted by KK
Just scroll down a little bit and read all the threads.
Neil basically says "we are in no hurry, but there is light at the end of this 1200 mile tunnel"
Some emails I read from Neil. Ask someone else for them. Neil clearly has no urgency right now and really wants to rid SPCL of its sub penniers.
I believe deal will still work out. It's just likely going to be in May near one year from closing. So I'm just ready to hold through.
His only weapon is time.
No surprises here. Not expecting a 10KT on Monday either. ''Tis unfortunate but I think that's just how it's gonna be
SPCL = Non accelerated filer
10K due date = March 31st, 2017 by 5:30 PM ET
NT-10K due date = April 3rd, 2017 by 5:30 PM ET
Late filing due date (which only applies to those who file the NT-10K) = April 17th, 2017 by 5:30 PM ET
Don't get your hopes up. I think an NT-10K on Monday at 4:29:59 is the second most likely scenario behind no filings at all.
You have to file an NT-10K by Monday for that to be true.
It's just rehashed old news. I wouldn't think too much about it.
This makes it seem like we are in the dark until like may.
yeah, its called possible suspension. Role of the dice. Will you be suspended or will you nay. Who knows. appears to be random
Last year was a leap year so 90 days from the 31st was march 30th, the NT is due one day after the formal 10K due date. So this year an NT is due april 3
It's lame the NT isn't due until Monday, so we will be in limbo on whether they even do that over the weekend.
Yeah that's right. The leap day last year threw me off.
Thanks for the correction! Last year was a leap year, hence due on the 30th. Didn't realize that until now.
Shiz is important naw mean mr snake
They released the NT-10K last year on 03/31, which is one day after the 10-K is due. They have until 5:30 ET to release the current one. If not, then an NT-10K tomorrow. And if not that, then oblivion for two more months.
I'm hoping we see an NT-10K tomorrow with a short statement in it saying "we will be filing during the grace period," but instead I bet it's gonna say "we intend on filing during the grace period"
Then they will stretch out their use of "intend."
If we don't hear anything tomorrow, it's gonna be a long two months or so. But the time will come.
that was foxtrader
D's expectations for tomorrow:
As farah said L2 at 3:30 indicated that the either MMs don't know what's happening or haven't appropriately allocated Ask prices for news to be released
Tomorrow the 10K is due. If it comes in the morning it may be a 10KT form and we MAY see a hault (you all can look up 10K vs 10KT). If it comes as a 10K instead we will see a lot of pre market action represented but MMs rapidly adjusting the ask (we've seen this before) or it will come out mid day
I expect to hear nothing. That means an NT-10k must come Friday. If we here nothing by Friday. Ready your funds to load up Monday with a possible 8k coming around then.
Just guessing. Who the heck knows.
D
Finz are technically due tomorrow. Nt-10k is due the day after.
You can see that if you read the previous NT
If we hear nothing by Friday after market then we prob won't hear anything until like may or something
I tried to flush 40 mil down the drain once. Clogged my pipes cost me 50 mil to fix.
Chachachachinstrap
It was listed in VC2s (Vert's LA branch) portfolio, but they took that website down a few months ago. It was equally as crappy as Vert's website.
I think we are just about complete. We may see a final form-t at the end of the day. but the depths to low 4s have opened.
I believe the prop up is over. I think we can bleed down now until we get some news. but the ceiling as opened up
VNDM is who you want to pay attention to. They are the ceiling.
There is no general consensus.
But I don't think it is for SPCL to buy shares back as that would be counterproductive. The goal is to empty SPCL's shell for Pixel to move in.
Some think these trades are retail. They may be. I personally don't think that is the case because. But I don't really know.
That 20 mill trade executed at the pps they wanted it to. But there is so much effort in these massive trades averaging around .005. I think this is an agreed conversion rate.
.0036
Just crap shooting.
yes bs, not grammar enough good be to consult friend yours of.
They are going for the" invoke fear through what appears to be a regular investor" strategy.
Our PPS would drop at 10 mil. You don't want that.
You want growth.
Look who's back on the bid.
This trade will execute. hopefully bringing mine with it.
I haven't ran calculations like you have. But the chart looks like this is close to complete.
I also think those 80 million traded the other day and the 20 million on the bid is meant to accelerate this.
I do think we will hear something by the 31st/1st
It was all based on PEG factors. Some will claim average for tech industry is anywhere from 9-16x
So take revenue. Call it 40 million multiply by PEG factor, call it 7 (being realistic) = 280 million
Take that number and divided by share count 1.8 billion
so 40 mil * 7 / 1.8 billion = .15 pps
This is basically how it goes.
Yes and as someone just said, there are other factors involved such as overhead cost, future growth, growth rate. etc.
I was thinking we aren't going anywhere until this voodoo magic that VNDM is crafting is done with.
This PPS is artificial in every way. It's being propped above .0048 and being blocked from going above .0053. I've really never seen anything like this. We should have been bleeding into the low 4s over the past few days. We would generally begin upticking to 6 or so tomorrow or Thurs, but there are some clear boundaries here.
Looks like the PPS has completely stabilized. The chart looks like someone dropped a ping-pong ball and it just came to a stop.
That was exactly what I was referring to/thinking about. Good dig up.
Thanks
Here's what may be happening:
Solaris has unwanteD assets because Caprino DiDn't buy back as many assets from Solaris as Vert anticipateD he woulD. If Caprino bought out all of Solaris' assets, it woulD essentially be an empty shell. Now Solaris has to sheD it's assets (hence the PR with the Lithium clowns).
What appears to be happening is some sort of transfer of assets (representeD as shares) out of Solaris to another party.
This is where things are less clear: assets coulD be being transferreD to Pixel, where they will then Deal with them as time goes on. There coulD also be some sort of exchange occurring here with the Lithium clowns as part of the agreement between Solaris anD LEXG.
As Art confirmeD, we all thought this was originally a reverse merger, anD it essentially woulD have been if Vert coulD have converteD SPCL to an empty shell. This coulDn't happen (because of Caprino likely refusing to buy back assets, we also haD contact with someone (I forget who) a while back saying that Caprino wasn't cooperating so this is probably why).
So now, we are in the lanD of a parent-subsiDiary merger, not a triangle reverse merger (this is crucial). Where the parent (Solaris) will either be entirely DissolveD (which is probably what Vert wants, they want to cast Solaris into oblivion), or the parent becomes the subsiDiary anD Pixel becomes the Parent.
As Art mentioneD, Solaris can't just Dump it's assets as it Deprives share holDers of company value. So Vert swinDleD up some Deal with Lithium clowns anD are now shuffling assets arounD to cast Solaris into the vacuum of enDless space, where then SPCL can file for a CUSIP change anD get a new ticker.
Then we are reaDy for blast off.
I also think we will be getting an upDate on FriDay, whether it be another 8k or finz or something. Perhaps just a fresh single off the new mixtape?
It's ya boiiiii
$D$
Good call. I think Caprino made this complicated.
Which I would guess reinforces that this is MM mediated
RIP Jayhawks
Farah. I believe you are on it here. I'm not certain but I've been researching myself.
People need to remember this is not a reverse merger. SPCL was NEVER a shell. So the standard tax evasion merger triangle of gold gets a little thrown off.
This is a parent-subsidiary merger. Where the sub becomes the survivor. There has to be a transfer of assets out of Solaris to another party to dissolve Solaris.
I just keep reading more and more and finding relevant examples.