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Yea I added on that too, thanks to whoever exited!
Doug DiSanti just reverse merged Neon Blum in March of this year. It included a 1:50 reverse split and the stock is still struggling with a very high market cap. This had a nice run but be careful with this guy
Sorry for everyone who got shook out of their shares today!
The way it’s being does makes sense, the Form 10 shouldn’t be filed by Tony Nick.
His job is to get caught up on filings, so voluntarily is fine. Shouldn’t the new company file the Form 10 with new business operations once the merger is complete?
If Nick were to file a Form 10 now with no business plan, there would have to be a super 8k filed after the merger. It would be extra work/filings no?
Consolidating in a new range more like it. But I wouldn’t mind it falling down to the .04 support, for the assets in this ticker the market cap sure is dirt cheap. Still remains to be seen what will happen here, but ppl just don’t pay for filings after 10 years of silence for shits n giggles IMO
Yep! Looks like we found a solid bottom support
I smell some major slaps coming soon too!!
They sure have, major squeeze is inevitable here
Very nice, market cap still extremely low for the possibilities here
Sure might, the volume so far today is blowing yesterday out of the water!
Can’t wait to see OTCX burn!!!
Merger 8k just filed, here’s the link
https://www.sec.gov/Archives/edgar/data/1157814/000168316819003112/americandiversified_8k.htm
You may be right. Since they did file the 15D back in 09 they may only need the last 2 audited filings.
A couple months ago I remember PBE* filing over 40 SEC filings over a few days, but they didn’t file the 15D. Who’re going dark so it may be different circumstances.
I guess we’ll see how fast that stop sign comes down. Bring on the 8k or Form 10!
There is no attorney letter needed for SEC filers. But the company will need to file all previous filings leading back to 2009 to become current. Which will likely happen here or there would be no point to filing the most recent ones
Agreed CJ, this is one of the best setups I’ve ever seen in the OTC
Yessir! This DD is some of the best I’ve seen in penny land, we have a long way to run from here for sure!
Just think what another 20 million shares is gonna do to the price tomorrow, this thing is getting locked up tighter and tighter by the minute!
LMFAO okiiii. Not an empty shell for long, you think ppl just pay for filings after 10 years for no reason?!
Agreed. If this reached the current market cap of DC*D then it would be sitting around $0.90. A dollar is very possible here
Possibly, but to me looks like a ton of accumulation happening in the high .02’s. This is ready to run IMO
Almost half the OS according to the 13g. Should be an interesting next couple days here
That’s right, new base forming here in the 003’s. Just a matter of time before copper
.0015 would put this at just a $1 million market cap! Should see at least that IMO
Massive buys all of a sudden today, anyone have any updates here?
The last filing from 2015 shows $7.6 million in total liabilities, but also shows over $19 million in assets.
Do you think that is inaccurate?
$MILV Custodianship granted few weeks ago, reinstatement should be coming soon
$MILV Yea I’m liking this one as well, reinstatement should be just around the corner
Yea that was a nice 600k share slap earlier haha. I was bidding but shoulda slapped some more myself. Anyone wanna bring it back below .015???
That you with that 500k bid?
This wouldn’t be filed on Edgar, these type actions are filed with FINRA
https://otce.finra.org/otce/dailyList
1:750 reverse split just filed
Yea I’m with you, I been loading the bid every chance I get the last few days.
Just because EJ donates food to a good cause doesn’t mean that is their entire business model. That part might not generate revenue but they also manufacture farming equipment and sell produce commercially. Estimated revenues for last year were over $4 million if my memory serves me correctly.
Here is a quote from the news article posted a few days ago:
“The company manufactures High Tech Farming machines and grows food to combat child hunger & malnutrition, as well as sells fresh fruit & vegetables commercially.”
Remains to be seen what Sweet Hemp Alabama’s role is in all this, but I’m in for Ellis Jaxon either way. Especially with this low of a market cap
Yessir, very excited to see what he’s got in store for this one!
JMTM merger news out a couple days ago. Under $1 million market cap still, nobody paying attention?!
James Maritime Signs Agreement to Acquire Sweet Hemp Alabama
AUTAUGAVILLE, AL / ACCESSWIRE / September 3, 2019 / JAMES MARITIME HOLDINGS, INC., (OTC PINK:JMTM) signs a binding agreement to acquire 100% of the stock of Sweet Hemp Alabama, Inc., and a co-branding, distribution & marketing and licensing agreement with Ellis Jaxon Global Holdings, Inc. DBA Ellis Jaxon Farms.
About Sweet Hemp Alabama, Inc. and Ellis Jaxon Global Holdings, Inc.
SWEET HEMP ALABAMA, INC is a fully integrated hemp company that is a grower, processor and supplier of Industrial Hemp grown and produced in the State of Alabama. Notably, Sweet Hemp Alabama is the leading farming technology company that will implement the use of 40' shipping containers for mass production of industrial hemp, with consistent quality and scientifically predictable methods year round. For more information: www.sweethempalabama.com
ELLIS JAXON GLOBAL HOLDINGS, INC., DBA ELLIS JAXON FARMS is a public benefit corporation. The company manufactures High Tech Farming machines and grows food to combat child hunger & malnutrition, as well as sells fresh fruit & vegetables commercially. The machines are built and housed within a 40’ shipping container and operate under controlled-environments that yield the highest quality, locally-grown fruits and vegetables such as strawberries, lettuce, tomato, green or bell peppers, cucumbers utilizing breakthrough technologies.
The relationship of Sweet Hemp Alabama and Ellis Jaxon will allow us to be a strategic player growing, harvesting and then retailing products both in the organic food markets as well as the fast-growing hemp and CBD market.
This seems like one of the most legit RM’s out there. I got in on the Ellis Jaxon profile update on OTCM, but the news released the other day confirms that this is much bigger than just Ellis Jaxon.
Sweet Hemp Alabama is icing on the cake. Once word gets out about this it will fly. I been quietly loading as much as possible without slapping all week. Not many dumps into my bids but got a few fills so far. I hope it stays quiet a little longer to be honest ;)
Current market cap after control block shares issued is just under $2.3 mil.
DCG* just ran up to $363 mil. All depends on who takes over, but imo there is a lot of room in this one.
Order filed today to officially discharge custodianship. And the control block has already been issued. This one seems to be ready for takeoff!
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=rHX3mZLmbF4YF4GCO3dU4Q2&tabIndex=3
Still holding strong here, this looks just as good if not better than most of the recent runners. So much potential here
Yea no Mm’s are on it, but I had a bid placed since last Thursday and got a couple fills somehow. Check the volume on Thursday last week ;)
I am waiting on the bid for some, sell them!! Haha