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Brothers, cousins, baby mamas, baby mama's mama's, dog walker and anyone else that doesn't mind a SEC charge.
Is this what we are reaching on now? Bid/Ask changes all the time. This is like 6k..... The real indicator is 0 volume.
Viola still maintains control due to his preferred shares.
You know what else the market loves? Timely filings without a bloated share structure. But ya know whatever fits the narrative. Pump up the jams.
Right, there are multiple requirements to uplist. Somehow he is trying to sell that this will get not only out of sub pennies but over $'s without a R/S. lol
The only chance he can get paid out is to R/S and dump. Payless doesn't generate enough- nor would they want to take their profits and dump it into a Viola payout IMO.
Basically they waved the 5k penalty for him to throw the CPA under the bus and get her barred from issuing any reports. Such a joke that they even let someone without a CPA have any role in reviewing. Ultimately it falls on the CPA tho. Hopefully she made enough that it was worth it. She is most likely coming up on the end of her career (licensed in 86') and it was a gamble that they shut down pretty quickly.
No one is saying Payless isn't real. It's very real. Investors are looking for ROI. There is not enough money here to satisfy the people running the show, nor is there any confidence that Arthur plans on bringing value to anything other than his bank account. That will never change due to his preferred shares.
It's obvious you have the inside track on Payless and I hope you can get a tick or two but that's all this thing is worth if you rebuy in after the R/S wipes you out.
Only play in the playbook is to just double down that this will move. Desperate times. NO R/S! Whoops they approved R/S. WAIT UNTIL 10-K! Whoops that's delayed. TOO DA MOON! Whoops still no bid.
You would think, but you are wrong. Payless is already public under Viola's umbrella. The 10-k is essentially audited financials with disclosures by management. If Viola wants to disclose his passing of DOT regs, great, but that's not going to hold up filing the 10-k.
Also pretty classic that your link shows only 1 driver and has a crash on the record already.
You already know the reason for not releasing the financials. Need to get the R/S over with, let the stink wear off, then use the fins as the next run up.
That's pretty wrong. It's a financial statement audit.
This company already had roots and operations before Viola brought it on a subsidiary. You are the one boasting how this company is projecting to have 24 million in sales. You tell me why they can't buyback instead of wiping out shareholders.
Why do you doubt that? He's already diluted to pay himself rent and run it through the company. The $4 million in revenues mean nothing when they are all but offset with expenses. If he was making money he could just take $1 million and buyback to clean up the shares but that will never happen because people like you think this is a functioning company.
Then I suggest you read the filings. Why do you think he needed to approve a R/S if he didn't dump that many shares?
Revenues mean close to nothing when you have no margins. Also no way they are moving 24 million in assets. Just laughable at this point.
There are multiple requirements to uplist, none of which Viola and goons will be able to achieve. That is a poor man's pump for people who don't understand how things work.
They won't cancel it. Only way it stops is if it's not approved then they will spin it as cancelled. They need to clean up the balance sheet for the new crew and Arthur needs to cash his check in.
Keep the scam in the family. Lets get him some preferred shares and juicy comp package. Little family competition on who can drop this to no bid the fastest?
Rumor has it the 10k will not be filed as it wouldn't help unload anything at this point.
Classic situation here. The one guy spouting off DD and all the new stuff that's going on completely goes dark and all the DD falls on its face. Crooks everywhere. Be careful out here people.
You miscalculated your decimal point. Try .000001%. R/S let stink wear off then catch up financials in the next pump is my guess.
And this is a prime example of why you don't listen to random people on the internet. Myself included.
They sold 2 trucks this week tho.
Looks like its about to pop.
Probably going to be a while before anything gets moving again. The stink of a R/S takes a while to shake out all the disgruntled bag holders. Will be blood in the streets once this sinks back to trips.
Jesus nice find. So this guy is signing off on quality reviews but isn't a CPA. I hope the SEC finds a way to reclaim back what he is pulling here.
So 10-k balance sheet still a wreck and following 10-Q (delayed of course) will show Viola cashing himself out. That's my call.
Well that was the least shocking thing ever. Are we spinning this that the accountant needs more time to count all those sweet trucking profits? hahaha
Really coiling up here for the release of this breakout 10-K. This thing about to go to the moon then divide itself by 1,000 then sink back to trips.
Probably because there is 4 dollars of volume and it doesnt matter
You also doubted a R/S but here we are.
Not sure that matters. Might keep that in his back pocket as fuel for once the stink of this R/S wears off. Lot of people about to be burned here.
"Ask yourself: Why would a company that has profits, positive cash flows from operations and equity investors need to dilute? If Viola was as greedy as this narrative portrays, he would have been issuing PRs left and right while selling billions of shares. "
He already sold 4 billion. How much more did you want?
They weren't current so it didn't get approved.
Guy....he already used a preferred share dividend as bait to pump the stock. That happened in 2015. You're not getting a stock dividend here. Lets be honest. I know you put a lot of time in here and have way too much faith in Viola. You will eventually see the light when you camp on this ticker for years and it moves nowhere.
He said stock dividend lol. 2nd hand embarrassment
I hope this uplists I will short this pig to hell. Unfortunately I'm not that lucky.
P.S. last line of the inbox has been there.
Meh he did alright. He left 1+ billion shares on the table but that doesn't matter. The dilute down will get him "legally" paid out and he can flip this shell to Payless or whomever. Anyone thinking this old guy is ready to put in the work to get this new company uplisted is kidding themselves.
I'm not doubting shareholders post R/S won't succeed here but everyone in now just funded this crook's retirement. We can play the "we'll see game" but I already heard that when everyone was touting NO R/S. Here we are.
Silver lining is atleast most people just locked up their Capital Loss deduction 3 months into the year.
No choice here but a lot of the regulars and defenders of Viola are sure in the spin zone. This is not good for retail or anyone on this board. You can believe uplist and whatever else you want but this dude has a history of doing what's in the best interest for HIMSELF.
This is all part of the game in penny land but to think this R/S is some godsend and this is gonna run and get uplisted is hopium. Same old will happen here like always. Maybe next time consider that not everyone is a "basher" and actually can see pretty clearly what is happening. It was clear as day for anyone who has followed this clown. GLTU