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Wow HPTG Board has been busy this Morning! GMTA reading the Posts it feels like noon already? Looking forward to the steady dayly climb to copper and beyond!
TALK OTCBB Compliance
Laura Anthony, Attorney
Legal & Compliance, LLC
330 Clematis Street, Ste. 217
West Palm Beach, FL 33401
For public companies, regulatory requirements are complex and increasingly more stringent every year. OTCBB or Bulletin Board Companies have very specific legal needs that require the representation of a securities law firm that is familiar with the current regulation and proposed regulatory changes. Moreover, the securities regulations change either via statutory amendments or interpretative releases on a continuous basis. Accordingly, to benefit clients, securities law must be the focus of the attorney, and not a part time endeavor.
Legal & Compliance, LLC Provides the Following Services;
Meeting reporting requirements for OTCBB or Bulletin Board Companies and reporting OTC Market companies, including OTCQB and OTCQX, including quarterly 10Q’s, annual 10K’s, periodic 8-K’s; proxy and information statement filings
The drafting and filing of Registration Statements, including Registration Statements for initial or secondary offerings for both already public companies or companies going public, most commonly on Form S-1
Coordinating all EDGAR filings
General corporate compliance with state and federal corporate and securities laws for private, pink sheet and bulletin board companies
Representing officers and directors of reporting OTC Market companies, including OTCQB and OTCQX and OTCBB or Bulletin Board Companies
Assistance with 15c2-11 applications
Mergers and acquisitions
Change in control transactions
Stock option plans
Private offerings including preparation of Private Placement Memorandums (PPM’s);
PIPE Transactions
General contract work such as employment agreements; marketing agreements; asset purchase; stock purchase; licensing agreements; and distribution agreements.
All debt and equity transactions
http://www.legalandcompliance.com/securities-law/otc-market-compliance/
Before introducing italk to the worldwide market TALK CEO David Franklin Levy funded NASDAQ-listed SubMicron Systems with a personal investment of $48,000 and leveraged it into a $176 million global business entity with 1,000 employees, three international plants, and ranking fourth largest in its industry.
Read more at http://www.stockhouse.com/companies/bullboard/bullboard/sopcd/italk-inc#8JATQVO2tKo3uXgU.99
Actually looked more like inexperienced traders leaving money on the table with a poorly planed exit strategy! Go TALK$$$
Legal & Compliance, LLC Attorney's for TALK
A comprehensive securities, reverse merger and corporate transactional law firm
There are many securities law firms that assist in the going-public process, but OUR team of experienced attorneys ensure that ALL aspects of your corporate legal needs are satisfied as well. As the securities industry’s premier corporate and transactional law firm, we strive to maximize your time and money at all times while:
Taking Your Private Company Public
Drafting Form 10 and S-1 Registration Statements
Conducting Reverse Mergers and Forward Mergers
Structuring Registered Public Offerings
Maintaining Compliance with the Over-the-Counter Markets such as OTCBB, OTCQB and OTCQX
Maintaining Compliance with FINRA, the SEC and DTC
Drafting Operating Agreements and Private Placement Memorandums
Structuring and Completing Technical Commercial Transactions
Fulfilling the Reporting Requirements of the Securities & Exchange Commission (SEC)
Satisfying the Current Information Reporting Requirements of OTCMarkets.com
Operating as Ongoing Corporate Counsel to; Small and Mid-Size Public Issuers, Private Companies Going Public, Officers, Directors and Shareholders of Publicly-Traded Companies
Our experienced team of SEC attorneys creates and institutes innovative strategic legal plans to solve unique management and ownership issues. They are problem solvers. These highly motivated partners and associates not only understand the law, they understand that dynamics and demands of your particular business, regardless of sector. Effective legal representation can only be provided by a securities law firm that knows business operations from the ground up. While most corporate and securities law firms specialize in business theory, we focus on practical business applications.
http://www.legalandcompliance.com/going-public-law-firm/about-the-firm/
Laura Anthony, Esq. TALK Legal Compliance Attorney
Founding Partner
LAnthony@LegalAndCompliance.com
@LauraAnthonyESQ
Securities Attorney Laura Anthony is the founding partner of Legal & Compliance, LLC, a national corporate and securities law firm. Ms. Anthony’s focus is on small and mid-cap public companies, the OTC Marketplace, going public transactions, private placement and corporate finance transactions, crowdfunding, regulatory reporting requirements, FINRA and DTC requirements, state and federal securities laws, mergers and acquisitions, general corporate law and business transactions.
Ms. Anthony is an honors graduate from Florida State University College of Law and has been practicing law since 1993. Prior to founding Legal & Compliance, LLC, she served as Chief Legal Counsel for a national investment banking firm and NASDAQ broker dealer with over 200 employees. Ms. Anthony headed the firm’s legal and compliance department and coordinated all legal work for the firm including all aspects of FINRA and SEC regulations, FINRA arbitrations, and public and private transactions.
http://www.legalandcompliance.com/going-public-law-firm/securities-attorneys/laura-anthony-esq-3/
I love it when Magic Happens! Gandalf is good I actually watched the Hobbit again late last night. Stop and think about it?? TALK has so much good news to TALK to us about! Going to be epic when all that great news hits the wire! Would not want to be outside trying to chase the ASK to get in.
Yes for an OTC stock the Pro Star numbers will be huge! More than worth the wait on the Audited numbers. Would not want to be on the outside trying to get in when that news hits the wire!
I can assure you that the accountants doing the audit and their Attorney's are aware of the due date. No real penalty that I can find for being late but huge criminal penalties for filling false information. So getting us accurate audited Financials is more important than filing on time!
And yes we are past due? So it will be a total surprise when they drop this good news on us!
The SEC language is 4 business days + 71 Calendar days.
Requirements Under Form 8-K
Item 2.01 of Form 8-K requires disclosure of the acquisition by a company (or any of its majority-owned subsidiaries) of “a significant amount of assets, otherwise than in the ordinary course of business.” Item 9.01(a)(4) of Form 8-K effectively requires the eventual filing of the financial statements of an acquired business within 75 days of the acquisition. The 75-day deadline has two components. First, the Form 8-K providing notice of the acquisition itself must be filed within four business days of the acquisition event. Then, according to Item 9.01(a) of Form 8-K, the necessary financial information can be filed with this initial Form 8-K or, alternatively, by amendment within 71 calendar days of the due date of the initial Form 8-K.
http://www.mofo.com/~/media/Files/Articles/2015/06/1506PracticePointersonFinancialStatement.pdf
When a Reverse Merger is done the Private Company (Pro Star) has to provide 2 year Audited Financial Statements.
From the Nov 24th 8k
Item 9.01. Financial Statements and Exhibits
(b)
Unaudited Pro Forma Financial Information
The required pro forma financial information for the transaction described in Item 1.01 above will be filed under cover of a Form 8-K/A no later than 71 days after the date on which this Current Report on Form 8-K is required to be filed.
Chart says it all. That's all you need to look at to see what is coming our way! Copper
Maybe he will answer you if you apologise for calling him out like that? LOL! This issue came up before and while he is suppose to be paid $250k it has been accrued compensation according to the fillings?
For the fiscal year ended March 31, 2015
Employment Agreements
Hydro Phi, entered into a two-year employment agreement with Mr. Slotkin on July 13, 2013. The agreement provides that he will act as the Chief Executive Officer of HPT Group and Hydro Phi. Mr. Slotkin will be paid a salary of $250,000 per annum and regular benefits, and is entitled to a car allowance. He also may be awarded merit based performance increases. Mr. Slotkin is eligible additional bonus compensation and for stock options to be determined and awarded in the discretion of the board of directors. The agreement provides for various termination events and restrictive covenants on competitive employment and for non-solicitation of employees, customers and vendors.
On June 24, 2015 the Company’s board of directors approved by written consent, a one year extension of Mr. Slotkins’ employment agreement.
We intend to enter into employment agreements with the other senior executives of both the HPT Group and Hydro Phi. These agreements likely will provide employment at will with various severance, non-competition and confidentiality provisions and other rights typically associated with written employment agreements.
6. ACCRUED COMPENSATION
In order to attract competent and talented employees and officers, the Company has entered into formal employment agreements with its key employees and officers. The Company has provided for accrued compensation with employees and officers who have participated in active management roles and worked without pay or limited pay.
In July 2013, the Company issued warrants to purchase 3,313,336 shares of the Company’s common stock to settle $1,767,649 accrued compensation to current and former employees. See Note 17.
The accrued compensation as of March 31, 2015 and 2014 was $226,752 and $281,752, respectively. There is no set date for payment of this accrued expense. Payment of the accrued compensation is conditional upon the success of the Company and the approval of the Board of Directors of the Company. During the year ended March 31, 2015 three payments against accrued compensation totaling $55,000 were made to an employee of the Company.
Thanks for Link Liberty!
Never really know what NITE is Holding but looks thin to copper right now?
Good one advance!
Yes but HPTG holding up well in spite of those loosing patients here. Catalyst for run will be here soon!
You know it! TALK BUZZ is on the street and spreading! Gotta Love the start to today's trading! $$$GO TALK$$$
Yes I can see .02/.03 easy as HPTG has done before on a lot less News and Volume!
2015/02/11 0.021 0.0284 0.021 0.022 1,273,684 0.022
2015/02/10 0.032 0.032 0.0201 0.0213 1,930,823 0.0213
2015/02/09 0.027 0.0299 0.0246 0.029 1,274,746 0.029
2015/02/06 0.023 0.025 0.020 0.0245 982,392 0.0245
2015/02/05 0.0189 0.024 0.0161 0.0225 1,776,408 0.0225
So true King! You know the run up is going to be good, but you never know how good? So looking forward to the Financials!
GMTA Excitement is in the air! Looking forward to what HPTG has in store for us today?
Gotta say we have way to much upward momentum here with a locked up float. Yes RSI jumped up today, but I do not think we see 6's anytime in the near future. Certainly not with all this anticipation of good news?
Scan Results for HPTG
Moved Above Upper Bollinger Band
Moved Above Upper Keltner Channel
http://stockcharts.com/def/servlet/SC.scan?searchString=HPTG
Agreed You don't see a 5 milly slap on the ask that often with 5 seconds left in the day?
No worries Mouse, I knew what you meant:) $$$GO HPTG$$$
Yes 385,000 quick hit!
WEll CSTI got his ASK kicked this afternoon!
A great day like today should help put an end to the Masters Of TALK Deception posts! 875k sold to 10.5 mil bought? $$$Go TALK$$$
Wow closer to 7 million in last 30 minutes!
About 6 million shares bought in last 30 minutes!
Yep someone needed a little Beer$$Money and it wasn't me? I'm trying to buy a Brewery! WE fly Big Time tomorrow.We have huge news coming real soon:)
Nice close!!!
Yes many reasons! Now we are just coiling sideways and I'm OK with the slow boat set up. But when TALK finally TALK's to us you will get run over if you aren't in already. They have so much good news to deliver!
I know what I own and accumulating more of TALK. No Rocket Science here too know TALK is the real deal!
Agreed Ronin, I would follow you into any battle on the OTC as long as you are calling the shots. I'm in on your spot on predictions! Oh and I also appreciate the education in the process!
Yes "One man's trash is another man's treasure!" This company is pure Gold now! And yes I absolutely know what I own:)
Looks real good to me now! Might be a good time for you to exit?
Won't take much to do that? Why we are climbing so fast today!
Won't take much to do that? Why we are climbing so fast today!