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If you're logged into file & serve correctly after your account has been approved, this is what shows when you search. You can then pull things up different ways: search for a case and view docs ($), track cases (free), set alerts (free). If you don't have alerts set up but want to view the history of the case filings, that costs $ as well.
https://i.ibb.co/F3nRvMd/3-C113-C36-D5-AA-4-E9-A-9484-B092-B273-A0-D8.jpg
160m is held in tradable accounts. Some of that may never see the light of day if it sits in old accounts, people passed away, etc, as it seems you have knowledge that it does. And certs fall in the 61m of the OS that isn't currently held at DTC and thus not tradeable. Either way, we agree it trades like a much smaller float than it is!
Yes, progress. Approval will be fantastic since shares are tight here.
Not at all. I’d rather Synergy announce when it’s officially approved as theirs since this is just a status call.
Hey man. I signed up for a free account, got my account approved, looked up the cases, set them on alert, and then recieved the alerts when they were/are filed. Its all free, and I put in the work in to figure it out. I dont owe anyone anything. But yes, I shouldn't be a dbag, was not my intention.
It won't show up there.
Lol, sure you’re looking in the right place?
221m OS, 211m unrestricted, 160m held at DTC (float).
https://i.ibb.co/jhKx0c7/0-B0812-E4-6-E26-42-EC-B7-A1-1-BEB1-B18-A945.jpg
Here’s what it showed on the 23rd, “2012 tax year.” Now showing for current tax year. OTC access next.
From Delaware SOS. Now different from when I posted it the other day. It means a new annual report was just uploaded for current tax year to bring current with SOS.
https://i.ibb.co/2nz1vRr/08-D0-AD46-417-D-4-F00-BA78-62-B81-FD40591.jpg
Damn right. That's like tomorrow lol
Lol. We good here and we good there.
I guess also on IWMG, their file number consistently shows 000- when you look up the CIK on the SEC website, so they were being recognized as a mandatory filer even though they kept filing periodic reports with 333- on them. PSPW shows 333- when you search the CIK, so that's good. Just to clear up the other ticker I mentioned.
You mean on PSPW?
Good call, perhaps I jumped a little quick and missed the S1 part. Please keep your eyes open however - it’s not getting any better the longer they don’t file bc the SEC ain’t feckin around anymore. Wish you all the best!
Yeah I think you might be right. It does look like those two have had S-1s filed farther back, which yes, does switch them over from voluntary.
Because I don't want any of y'all to get potentially screwed. You're right, I have no shares anymore. But I spent enough years with some of y'all that I would hope you would do the same for me if there were new risks or new catalysts on the horizon.
Guys, I’m not trying to cause a panic, but the SEC is cracking down. Today they suspended two tickers (LEGX and IWMG) that show as voluntary filers (333-xxxx) and are current with their Nevada SOS registration. This is the first time I’ve seen them do this, at least that I know of. With the new rules for dark tickers coming in 60 days anyway, it looks like SEC is continuing to clean up. Someone better get on Rahman or Falaknaz, or this thing is in serious risk of actually get suspended.
https://www.sec.gov/litigation/suspensions.shtml
Indeed! I've added too.
.02 values the entire co at $4.4m. Which is $25m less than the algorithm itself was valued at by BentleyIntel in 2018. The current value of which will now be an audited number when the fins are filed. For a company who's one of several projects is eventually going to tell you how to bet with an edge on services like DraftKings, this is insanely undervalued!
No worries, I'm just looking for clarity. $10m annual revenue on $10m in assets would be incredible turnover! But maybe that's really the case. At this point though without knowing more, I think your estimates are what we have to go on. I'd just like to see more precise numbers than what data aggregation services like ZoomInfo provide (they can use ranges, etc). Which is why I'm a little bummed the audits are taking longer. But I saw you email on why, so I guess that's fine.
Lots of great DD, thanks! Question though - where did Mike mention $10m in revenue? I seem to only remember him saying "$10m balance sheet" which is aka assets/shareholder equity. Did I miss something, or are you just adding the estimates from ZoomInfo, etc, attributed to the acquisitions?
Since I have experience filing with Delaware sos and know what I’m looking at, here’s a screen of SFIN and a screen of AVSR (an inactive corp with a Synergy custo petition that has not been granted yet). I’ve also included a screen of STHC to show what’s it like when a current report is on file.
What we can see is that SFIN is indeed an active corp from the work that Ben Berry has done (taxes paid, 2012 annual report filed to bring active, change of control to Alan, etc.), however Delaware has not processed a current annual report yet.
The “franchise tax” is something Delaware shows due for every year of an entity’s incorporation, but most of it is due to late fees and not being current. So when there is an annual report on file for the most recently completed year, the amount owed is actually much, much less than what these show. Makes it look like crazy amounts are owed if you do not have experience with these matters.
For whatever reason, it sounds like lawyers are still finalizing details for SFIN to file in the states, I would imagine there are quite a few differences in biz law between UK and the US. My understanding is that you don’t necessarily have to be current with a state’s SOS in order to gain access to OTCM, you just need to prove you have control. But I could def be wrong on that, would have to look up some other entities to know for sure.
SFIN vs. AVSR
https://i.ibb.co/G57jV1j/8-C59-A94-B-395-D-4605-8215-C4102-C5-F27-D9.jpg
And now for STHC
https://i.ibb.co/yB0zLQK/1-B6-A220-A-0901-4-D6-F-8-C78-7-A5-BF5-BDAFB4.jpg
Sticky #2 above. Or on OTCM, its the only release listed under "news."
It's on the bottom of the Aug PR
Looks like someone wanted to test the 50 ma. Closed right above. Chart is reset for a bullish PSAR flip next week.
Was in ihub jail last I heard.
They will be audited.
Just disregard. He does this on most tickers.
Hence why I asked him directly about OTCM access. See my previous reply.
I asked him about this earlier in the week. He said a couple more things with the lawyers sending docs between US and UK that should be done within a few days.
Indeed
Here’s how the in-game part of the sports trading app is going to be used. Sounds ballin’!
https://i.ibb.co/37VZ5p6/F4-C6-B3-B8-53-F0-4-E9-D-8-C92-C3-FA3913603-D.jpg
No worries. Southworth could have a particular entity ready to go that we don't see from first glance, or he could be facilitating & sourcing. Which is why I mentioned RNWF in the first place. We will find out soon enough though.
Because they are Delaware corps
That's the Synergy address for their custos in Wyo. They'll all have that address.
Sounds like he could be a "Carey Cooley" of sorts. As I'm sure you know, Carey took control of the RNWF shell from Synergy, got it ready, then facilitated the actual merger. If he’s not bringing in his own company, I mean.
No doubt. Depends who they bring in, of course. But no way does this belong at $500k market cap!