Still following this one, quite a few shares held at DTC now and quite a bit of convertible debt as well.....but it still never trades, nor is there ever any shares on the ASK :shrugs: Don't recall ever seeing a ticker with 3M+ shares held at DTC but never trades.

Some kind of LOI for an acquisition in the most 10Q filing that could happen here soon, though there was never an 8K about it.

I don't know when this is headed to EM, seems like it should have been there already....GLED looks desperate to dump his shares before that happens. Its risky but if you believe they will resume filing, then it could be a good way to get cheap shares of a new issue with a great ss. Around 7.8M o/s and 7.5M held by the CEO so approx. 300K float.

Of course, if they don't come back, its $$$'s down the drain. I can't find out anything on this, there is little public info.

Well their foray into the public markets didn't last long did it...lol. They have plenty of $$$'s to continue to file, there are broke penny stocks that do it, what a joke, thankfully I never bought any.

I think he'd have better luck raising $$$'s if they were current, rather than the EM. He should have never let the filings lapse in the first place but I guess he has his reasons. He sold his last company for $300M+, surely he could have scrounged up a few bucks to continue to file. Perhaps he could bring Will onboard as an investor.

Andrew and Will started one of the first national food deliver services, Doorstep Delivery, long before UberEats or Grubhub, so he seems to have a good vision. This new tech he's rolling into GIPL looks interesting to me, there are not a lot of details on it but if it can detect liver and kidney problems in animals it could be a game changer, since its non evasive, unlike blood work. NSAIDs are probably one of the most, if not the most prescribed dog medicine, all dogs on this need regular blood monitoring for liver and kidney damage, so if this can detect that, then it could be huge. There is nothing else like this tech out there that I could find.

I can't believe they fell behind in their filings, now when they come back they will be unsolicited quotes and will need a 211 review. It should not have been a matter of money Andrew is loaded, he sold the last company he founded with his buddy William Moore for $330M.

8K out yesterday, new website and investors presentation, so it looks like they have not given up on this one yet, I guess they just got behind in the filings.

https://www.otcmarkets.com/filing/html?id=17243035&guid=Kmd-knf_5YzG-hh

http://www.vetbreath.com

'Grace Period' designation on, will head to Expert Market in 14 days (Oct 16th).

No, they have one location in Las Vegas but if you call they will apparently not disclose where that location is. The rest of them are virtual offices he pays a few bucks a month for. This is to try and trick folks into thinking they are ordering from and supporting a local business, when in reality the prints are being drop shipped from Las Vegas.

This makes it much harder to locate him, or get your money back, if things go bad.

http://www.google.com/maps/contrib/111757226083152655371/place/ChIJZQqwTfbFyIARn18Oj_RAeG0/[@

Expert Market today.

8K out, Ma's wife is the new majority shareholder, which we already suspected. Qiuping Lu is the new CEO, she was formally the CEO of TJBH and one of its largest shareholders.

https://www.otcmarkets.com/filing/html?id=16929478&guid=nVg-k6UIqQyeJth

Verified Profile and the most recent Q filed(ending 07/31/2023), so should just need an attorney letter I believe to be back Pink Current Info.

If I recall correctly, this would be the only ticker I owned that went to Expert and actually came back, since the amendments to Rule 15c2-11 went into effect.

They would still need a 211 review, to become PQE and get rid of the unsolicited quotes, that could be done by uplisting to the QB, however, we would need to merge with, or acquire someone with some cash to do so...unless they can raise some money here somehow. I think that would be difficult though, as any lender would not be able to get shares deposited in a CD type scenario, due to the unsolicited quotes.

Powers that be make it very difficult for small companies to do anything in this shitty market these days.

Also, FWIW noticed the gold 'Q' is gone in the company logo and now we have a hydrogen/green energy type logo.

I've noticed that as well.

I was never a big believer that penny stock financials ever really meant much.....but this is getting absurd now. Basically (with a few exceptions) if its not getting pumped on social media, its not getting any volume. So anyone wanting to stick with the OTC from here on out, will likely need to follow the bigger pumpers on social media it seems. All other opportunities are gone, or seem to have dried up completely.

That's a tough call, I don't know what the % is of tickers that go Expert and come back.... but its probably not very high from what I've seen....and it will only get worse in the next few years, as OTC volume is so poor, it no longer makes sense for many of these companies to spend the money to continue to file.

I lost a lot of money this year on tickers that went to Expert and disappeared.... that I dumped but could only sell them on Expert @ .000x.

There is a chance anything that goes to Expert could come back...but.. they also come back as Unsolicited Quotes, so then they need a 211 review as well, which is a pain for them and makes the tickers even more illiquid. I've had one come back from Expert this year but it has not even traded a single share since.

So its really hard to say, you could hang on to it, maybe contact the company see if they intend to file again some day....or dump it for a loss and move on.....its not an easy decision.

From now on I'm watching the dates on my tickers like a hawk, anything get close to going to Expert I'm dumping 100% before that happens...I'm not going to hope and pray they come back, I'm tired of that shit.

This is an excellent explanation of how the dates work out and when tickers get sent to Expert. **Remember for SEC fliers if its unsolicited quotes, there is no grace period, one day late in filing and its sent to Expert.**

Fact sheet about filings and otcmarkets deadlines including special rules pic.twitter.com/PjSzwQrsxe

— Schito (@Schito_74) June 14, 2023

I still see some folks on Twitter who think the OTC is just in a trading 'cycle' and will get better....or because something gets pumped by someone with a big following and runs for 5 minutes, that means that the OTC is 'back'.....lol. Not sure if they are just delusional and don't want to face the reality......or they just don't really understand the gravity of the situation as a whole.

I knew that supposed 500 share bid whack @ .26 was bogus, looks like it was scratched from the official time and sales log, that was actually a buy @ $1.00 I believe.

https://quotes.freerealtime.com/quotes/MEDE/Time%26Sales

First couple of trades today, expensive but as you say its a spin off of LICT, one of the highest priced OTC tickers, if not the highest priced Pink there is....so watching for now.

I was by far the high bidder and only bidder showing on L2 @ .26 and did not get that bidwhack....thats bogus. Bids showing on L2 should theoretically always be filled before hidden AON bids of the same price. I don't care for those types of games, so pulling my bid for now.

I probably would have switched to Fidelity, as I just don't trust TDA any more, I'm almost certain they did some very sketchy. For example, in one of my trades I had gotten 224 shares @ .04 on the bid and I sold them @ $25.....well that exact number of shares(224) was relisted on the ASK, within like 5 or 10 minutes of the trade being 'busted' and then sold @ $18. So whoever sold them to me @ .04, got them back in the trade reversal and then sold them @ $18. Which would have been fine if it was an erroneous trade busted within a day or two....but instead it was busted 5 months later....so something is not right there IMO.

Unfortunately, I can't switch brokers right now, as I have too many completely illiquid stocks, that I cant sell except for almost total losses, which would be very stupid....so I'm stuck with them.

Honestly though I'm not sure it even matters, at the current rate, unless anything changes, next year will likely be my last year trading anyway. Its just not worth the time any more, a person could likely make more money standing on a street corner with a 'Will work for food' sign, than trading the OTC.

I think its going to be a challenge bringing in new blood to a message board that focuses primarily on penny stocks. Especially when the entire OTC Market in general is a disaster, overall volume is WAY down and there is very little interest in penny stocks period right now. I'd almost rather see some of the quality posters, who moved on to Twitter and other boards come back.. but... iHub admin burned a lot of those bridges in the past and doubt they come back any time soon.....especially with the current state of the OTC being on life support as it is, thanks to the overall state of the economy(less discretionary funds to 'invest') and over regulation.

Would be nice to see a bunch of new subs, its boring talking to myself in most of these stock specific forums.....lol.....but I have my doubts.

Don't care for the share structure here but according to the website they are supposedly listing on NASDAQ in early 2024( unless the are considering the OTC to be NASDAQ, which sometimes the Chinese do).... hard to say... but maybe worth watching it if gets whacked down much lower.

Started trading today @ .25, GLED, 15.8M o/s 2.3M unrestricted, no available info on how many shares are held @ DTC though.

https://www.otcmarkets.com/stock/RENI/profile

Up 300% today, that's the biggest advancer of anything trading on the OTC that's at least $1.00.

I have to say, I do like the new website design. Whether or not this is a 'Good Time To Go Pink' is debatable but I love the enthusiasm and they are off to a good start in their trading for sure.

https://www.medeotc.com/

PPS of TJBH got crushed yesterday, I saw a few thousand shares hit the bid @ around $14. Been a big price drop since Ma passed away and it was trading $30+, maybe not much confidence in his wife running the show?? She really needs to file here sooner than later, if it goes to Expert that's bad news, as even if it comes back, it will trade as unsolicited quotes.

RENI and MEDE looking interesting today, first real action on these new issues.

Yep, I had never even heard of this before. I had heard of erroneous trades being reversed from fat finger trades, computer glitches, etc but those always come within a very short amount of time, minutes usually. In this case, my trades were reversed 5 months later...!! That's the danger of non-DTC eligible securities, those could theoretically be reversed at any time in a calendar year if they don't settle properly.

I highly recommend reading this, it is an excellent explanation of how the deadlines work and when companies, who are delinquent in their filings(either SEC reporting or OTC Markets reporting) go from Pink or Pink Limited Info to Expert Market.

Fact sheet about filings and otcmarkets deadlines including special rules pic.twitter.com/PjSzwQrsxe

— Schito (@Schito_74) June 14, 2023

Yes, the trades were all reversed, essentially like they never happened.

Grace Period now, 15 more days and its headed to the Expert Market.

I'd rather not say publicly and I don't have PM capabilities but it was a non-DTC eligible REIT. It was quite thinly traded, so it was easy for TDA to go back and manually reverse all the transactions on it, even months later. Had I not had enough $$$'s in my account to cover those busted trades, or had moved to another broker over that period of time, they would have sent a collections agency to retrieve those funds that I had made buying and selling the stock.

I filed a complaint with FINRA but is was a waste. TDA eventually sent me a nasty letter, saying it was my fault for not realizing it was a non-DTC eligible security.....despite the fact that DTC is not required for OTC companies, nor is there any public information on which securities are DTC eligible.

I just recently had TD Ameritrade/ Schwab go back and reverse (bust) an OTC stock trade that I did back in February. I had bought and sold shares of this ticker and they busted/reversed those trades and took the $5K+ in profits I made, as well has the remaining shares still in my account, that were also worth around $5K.

Just wait until that starts happening to OTC traders more, nothing you can do about it either, as there are clauses in your brokerage contract, that allow them to get away with this shit.

New issue have been horrendous this year, I think I made decent money on one, CBDW back in January or February, it went on a big run early on in the trading, before shitting the bed.....but that's about it though, the rest have pretty much been either completely illiquid or tanked. I'm very leery about new issue in this current market, I've never seen them this bad.

Will not surprise me at all if we see MANY tickers being abandoned next year, if I see anything getting really late in their filings, I will start dumping them from now on. I've lost quite a bit of $$$s on abandoned tickers this year. Its not worth spending the money to file any more for many of these companies, as there is just no volume at all whatsoever.....new issue are especially bad, these companies cant even get more than a few thousands shares in DTC to trade....and no one seems to want to buy those anymore.

I think the problems with the OTC right now are multifold... but... the 2 biggest factors are likely......

A)Inflation, as it has left less discretionary money for folks to use towards penny stocks and

B) the amendments to Rule 15c2-11, when this went into effect it reduced the number of penny stocks and limited the way folks could make money on the OTC, the profits from those trades would have then went into other plays.

I really don't see the OTC recovering any time soon, there will continue to be some very short term social media pumps here and there but that's about it, I don't see it ever being what it was.

Crazy how few new additions there have been this year, fewest I've ever seen since I have been tracking them. Its probably one of the biggest signs, other than overall volume that the OTC is dying, when there are so few new companies going public here.

Even when there have been new tickers, they get no volume. There are several that have gone public recently and have never even traded a single share or barely any shares in the past few months, despite having shares at DTC available.

Here is the list of new issues I've seen recently....

TEOF- No trades- https://www.otcmarkets.com/stock/TEOF/security
MEDE- 1 Trade- https://www.otcmarkets.com/stock/MEDE/security
HCBR- No trades- https://www.otcmarkets.com/stock/HCBR/security
RLEA- 2 Trades- https://www.otcmarkets.com/stock/RLEA/security
TRSO- 1 Trade- https://www.otcmarkets.com/stock/TRSO/security
PXPC- 4 Trades- https://www.otcmarkets.com/stock/PXPC/security
LKRY- 3 Trades- https://www.otcmarkets.com/stock/LKRY/security
RTEZ- 3 Trades- https://www.otcmarkets.com/stock/RTEZ/security
AZRS- 1 Trade- https://www.otcmarkets.com/stock/AZRS/security

Released 2 PRs this month...problem is they only release the news on their own website, so no one sees it and even if they did release it through newswires, they would never put the ticker symbol in there. This is one of the weirdest 'public' companies I've ever seen.....its a public company but they have a private mindset.

Has only traded 14 times in history since they completed their RM in 2015 and all those trades came back in 2022 in a 2 month span, never once seen a bidder over .12 in at least a year.

Just over all very strange company, I've seen some Chinese companies that act like this but I can't recall ever seeing a US company quite like this, that has ZERO interest in being public, yet spends a fortune in SEC filings and always files religiously.

They didn't even bother filing a name change with FINRA from RMR Industrials, Inc to Rocky Mountain Industrials, Inc and they changed their name in 2020....lol.


https://www.otcmarkets.com/filing/html?id=16884702&guid=FWN-kpD3VP_WJth
https://www.otcmarkets.com/filing/html?id=16838570&guid=FWN-kpD3VP_WJth

I don't have PM capabilities here, I am on Twitter but I don't use it much. I only keep Twitter as there are a handful of folks there, who don't post on iHub, that I enjoy reading their posts.

As far as where this is headed, its going no-bid or .0001 for sure at some point.....and if he follows what he did in SVAD, which he has so far, there will be a R/S, the dilution will continue, then he'll disappear again and come back in another couple years and go public with another one of his illustrious printing companies.

Folks will likely pump it again though. There is not much to pump, beyond the share structure, as you can't defend Ron, as he has done nothing but bend over and shaft shareholders, without even the common courtesy of a reach around....however, with that said, they do pump it frequently on Twitter and it usually runs a couple ticks and ends up back where it began soon afterwards. So there could be a chance to make some beer money on this POS.

Its because he has already done this EXACT SAME THING once before in another company SVAD. He took his printing company public, released bs news about opening new offices, diluted the shareholders into oblivion, did a huge 500:1 reverse split......diluted them into oblivion again within a very short amount of time......and when he milked the shareholders of all he could, he sold the company for a whopping $20K dollars and disappeared.

If they resume filing, I might take a chance on it but I'm not sure that's going to happen, seems more likely they may be winding down here instead. Its one of their only remaining assets, so it could still be sold... but.... with Shkreli's name connected to it, it's kind of tainted and would be risky for anyone to use in a merger IMO.

https://martinshkrelilacksjudgment.wordpress.com/2023/05/31/regnum-seems-to-be-winding-down-as-the-phoenixus-group-sets-our-details-in-the-reorganization-in-bankruptcy-course/

Down to Pink Limited Info today.

His wife was just appointed as the interim CEO of TJBH.

https://www.otcmarkets.com/filing/html?id=16863366&guid=6rN-kahrG27-B3h

FUUN just filed 31 Pink Sheets filings in 1 Month to get Pink Current Info....we have had 3 filings in 8 months....come on Tom lets Git-er-done! It appears brokers are not going to allow any trading on this until its current, presumably due to being both Limited Info and unsolicited quotes.