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Krappenfest would be the German word for this.
Yes, but this is an "Alternate Reporting" company, and Tad hasn't done an SEC filing since 3/20/23. FINRA requirements are less stringent. Of course if we do get into a reverse merger situation, then SEC filings would be required.
Down the drain we go.
OS updated to 175,589,230 4/10/2024
OTCN just showed up on the ask at $0.0181, Bizarre.
That's possible.
~82% of the OS is restricted shares. I have never seen that on any stock I have owned. Very strange.
Tad has worked hard over the last year to reduce debt and derivative liability (according to his filings), and for the last two merger deals he said an RS would be part of the deal, so maybe he has a new potential buyer, or maybe he just wants to RS ahead of time to make the SS more attractive for any potential future buyer.
I agree. He must have some plan in mind, but I have no real idea of what that is. With the OS so high now, the shares are nearly worthless, which is why I suspect he is getting ready for an RS. Hopefully he puts out some news before that so we get a little pop in the price up to $0.001 so I can sell before the reverse, and then re-buy after the price stabilizes.
Another possibility- Tad is gifting himself these 36M restricted shares, so that after an RS, he owns a larger percentage of the common stock. This helps Tad personally, since a buyer of the company will need to either buy him out of those shares, or Tad stays on as series B (or whatever) preferred shares that he can convert and sell latter as he likes.
It may take a couple of filings to find out what is going on though.
Yeah, at least something is happening. I'm going bullish. Go $PLPL !
The entire OS increase was 36M shares restricted, with the unrestricted (roughly) the same as the OS yesterday. He must be using this for a merger (my guess), since the new buyer would get some common shares anyway, and we know Tad wants to do an RS, so now is the time to jack up the OS. No reason to issue a new series of restricted if the buyer of the company will get all the series A anyway. Just my guess.
WTF is with the sudden OS jump?
He knows its a scam.
Total garbage stock.
OTCN moved their bid down to $0.0002 !
Third Turd. Still in yield.
Tweets don't work when no-one believes Berman.
Just waiting for that pump... He hasn't put out a PR since 2019.
Yep, real nipple twister of a stock.
OS updated to 169,089,230 4/03/2024
Very good. Let us know what they say.
Total garbage scam stock.
Crap-tastic stock here. Still in Yield even with the attorney letter. Still no news!
Dump-aroo, No bid on the way.
Dump day again.
Scam-ola.
Need some news Tad!
Palisades used to be a publicly traded company and had a stock price. It is not listed at the moment while we wait for the final SEC approval.
OS updated to 148,626,730 3/26/2024
Dump day today. OTCN completely off the bid at the moment. Dilution machine rolls on...
In the Pink soon. In the stink now. Still no news.
Canouse carnival.....
When they stop diluting, they remove themselves from the ask. That is what they used to do when they started showing up months ago. They will be back.
OTCN moved their bid up to $0.001 this morning.
OS updated to 135,239,230 3/21/2024
Finally... Damn. Lets get some news now.
They have billions more to sell you! I have a bridge I can sell you while you're buying stuff.
They have endless shares to dilute. Luckily, they are not just dumping it down to no bid (yet).
And bankruptcy, and no news or price movement.