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It seems the last of the sellers were out last week, this is on a hair trigger now
Yes they simply need to publicly state that "We are Vyome" in so many words, and that they are taking actions to consummate the merger.
Doesn't need to go into great detail but here is what could/should be included in a PR:
1. That Venkat Nelabhotla owns the control block of shares (we already know this)
2. That LICH will redomicile in Delaware to allow Vyome to seamlessly merge in (I think this is the most likely route they will take)
3. Immediately following redomiciling they will apply for name and symbol change with Finra.
If we get THAT PR, or something similar, I think this will explode.
Name and symbol change would be great though I'm hearing those are taking quite a while for FINRA to process lately, but even applying for it would be significant. I just want to hear from the company in an official capacity.
Nice. The stage is set now for Vyome to make this official, all filings in order, pink current, Nevada SOS updated
A few dollars is pushing this around +- 50% at a time lol. Can't wait till the real trading of this stock starts.
Yep razor thin just needs volume
And I don't understand why the yield sign is still up they filed the Q and attorney letter
Someone is getting some great deals because this is basically at pre merger levels now
Nice find Aladdin! Yes Venkat is well aware of the window of opportunity here and maximizing value as a public company biopharmas in particular, his resume speaks for itself. IMO his timing will be 'perfect' especially with OTCs heating up again. We are in very, very good hands here.
Now if dilution is done any buy pressure will send this flying
Agreed trading much better today
I think we get a PR within a matter of days, to me the NVSOS filing was huge, it solidified their intentions. Venkat said many things were under discussion and the slew of filings signals to me those discussions have resolved into a plan of action, why else delay the SOS filing those are usually the first to get updated in these mergers, they were considering different options and are ready to execute now. Can't fathom why people were selling .01s today.
Agree 100%, and yes it has taken time but many don't realize the magnitude of this merger. Years of development, considerable capital already invested, and many high profile players involved. It doesn't happen overnight but will be well worth the wait imo.
The fact they released 3 important updates In rapid succession the Q, attorney letter, and NVSOS, tells me they must have reached some kind of consensus or agreement on moving forward.
Expecting that big PR to drop at any moment now. Venkat is on the move. It's happening guys.
Nevada SoS updated finally! This has been a critical missing component toward completion/confirmation of this merger and now it is finally filed
Attorney letter filed
https://www.otcmarkets.com/otcapi/company/financial-report/337411/content
Should get back to pink current now
Thanks TS. Agree with you about the CEO, he does seem to genuinely care about the shareholders and people in general. That bodes well for us and goes a long way with me.
Other mergers are moving forward despite current market conditions, T×TM is on fire right now!
Our time is coming.
I am glad the CEO delivered the 10Q as promised. What we are really waiting for is a definitive introductory PR, stating that Vyome is merging into LICH, with 100% of its operations, subsidiaries, IP, patents, drug pipeline etc etc. That would light a real fire under this. The CEO said that a formal PR would be released shortly and the 10q in a few days when he spoke with glenn. So now the 10q is delivered I am hopeful and optimistic the PR is to follow.
OS updated no change since last week
Another cut and paste filing, wonder why it was delayed? Maybe it will be followed up with a PR..
I can see this running to .50 cents in a single day, with the right PR. Seen it happen to far lesser OTC's than Vyome.
Yeah, ticker and name change, while only cosmetic, would bring a lot more visibility. And, ticker symbol VYOM is available :))))
Quite a bit of accumulation down here the past couple months...
Hallelujah! Thanks Glenn I think we were all starting to get a little nervous it's a big relief to hear anything at all so tyvm. Can't wait for some official updates.
I hope we at least get an NT if they can't file on time though I don't see any reason why they wouldnt.
Right on cue! Nice uptick in volume on a friday. That's a good sign.
There are a rumblins.....hoping for news soon, real soon
Yep pretty big swings already on tiny volume
Venkat said he was working on an annual report to be filed soon, this must be what he was referring to
Took a starter here today
C'mon Venkat drop the hammer
You may be able to retire soon with 6 million shares ;)
How long have you had them? From when it was EORZ? Lol
Looking mighty thin here. Should see over 5 million revs when the 10k drops
NT 10-K Notice of late annual filing
https://docoh.com/filing/1416090/0001493152-22-008484/IMII-NT10K
Same as last year no biggie will get the filing in a couple weeks
Annual report should drop any day now
Took a starter here today
Nice annual report. Revs up 30% from 2020