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Lazar is completely out per the 8k.
"As a result, the Purchaser became an approximately 93% holder of the voting rights of the issued and outstanding share capital of the Company on a fully-diluted basis of the Company, and became the controlling shareholder. The consideration paid for the Shares was $220,000. The source of the cash consideration for the Shares was personal funds of the Purchaser. In connection with the transaction, David Lazar released the Company from all debts owed to him.
I'm not saying a R/S is going to come immediately, but the expectation of the share reduction via the court was tied to Lazar's maneuverings and the security that Lazar doesn't R/S as the custodian... That's not the case any more.
The reward is absolutely still there, the risk just increased though
I agree that the chances of an R/S are very real now.
I'm not sure what to do with this news
Nothing but the app notifications (I'm trying it out)... not worried about it though
Breaking that .0085 line would be massive. Twice rejected before all the details on BigToken were clear. Breaking through would signal new confidence not the old mindset.
I didn't get that email though, and I've been an investor for a while...
I just find it disconcerting that there wasn't been a follow up on the order being filed on the court updates, there has been no status updates either.
I've been in this since June, though all the continuations, and now months of silence I can't see myself taking it to the new year.
Has anyone heard a peep from Acquifin since those few tweets back in May?
This downtrend has opened up an opportunity. I started liquidating some of my positions that I'm bagholding and porting it over to my original TSNP position from .0195
It screws up my average, but I'd much rather get to deduct the bags from my 2020 profits and have that capital sitting in $TSNP
If it continues to go down, which wouldn't surprise me given what I saw yesterday I'll liquidate more positions that aren't down but have stagnated.
I definitely could see myself ending the year only holding 3 positions and after spending a ton of time all year curating a 12 - 15 position portfolio that seems nice
I have heard ZERO rumors about the potential merger buyer, other than that the accelerated pieces point towards something already being in the wings. Who have you heard that from?
However on that topic, can anyone explain who a company looking to buy a shell would want one like this SPECIFICALLY? I mean it's not like Lazar doesn't have other clean shells to sell.
Hell I'm still holding on that had their merger deal fall through in PFMS.
To whoever asked buys can outpace the sells by having Large quantity sells (shorts) and many smaller buys eating them up.
I was a buyer today, averaging up from .0195 to .14, that is how I felt following the CC. All my gains the rest of the year are just getting ported over here if it stays at this level or lower. I was kicking my self for not buying that dip to .10 and that was on hype alone
I could have doubled my position selling at the top and buying now, and congrats if you did, but under no circumstance did I want to be caught on the outside. I've made 10k - 50k profits on quite a few tickers, but none of them gave me the lifechanger vibes that this one does
I do hope that people who were in from the bottom were able to take SOME profits to enjoy. I am considering the tax implication of that on a few tickers.
Using the smart search restricts you from seeing the minutes. It's just a worse version of register of actions. If you are going to play with these court based tickers learn to look here: https://www.clarkcountycourts.us/Anonymous/default.aspx
and search: a-20-816267-b
Did yall see they updated the Marketcap on OTC yesterday.
Is that something the custodian would have to do, or does OTC adjust that on their own?
Still here from .0002s, have sold 3M don't intend to sell any more before we see what becomes of the claims/SS news
How far in advance do they usually schedule the court appearance?
He also has PFMS back after whatever that Zoomout mess was
In that situation current bagholders make new bagholders
It's like a horror stock version of the Ring movie
Doesn't and hasn't at any point looked halted to me, please provide proof of tht
First Bid .003, already moved to .0031
No ask
Pray tell good sir, what news is that?
Lol screenshot that and see if you can use it with the IRS to wash your other gains out come tax time
Nothing but ask slapping today again
Still no updates on court case or anywhere else.
I mean I guess I needed to reduce my tax burden from TSNP and ALPP and this will do a fine job at providing washout losses lol
All I can do is laugh, not selling this low though.
4th day in a row that there has been premarket trades at the asking price!
Hmmmm maybe because mine is an all cash account?
You've given me enough reason to contact TDA and get their take. I'll post what I find out
I had 3 related item in my transaction log under "other"
12/02/2020 13:28:10 MANDATORY REORGANIZATION FEE (74914H102)
-38.00 0.00 0.00
12/02/2020 13:28:25 MANDATORY REVERSE SPLIT (74914H102)
0.00 0.00 0.00
12/02/2020 13:28:25 MANDATORY REVERSE SPLIT (QUTRD)
0.00 0.00 0.00
Sneaky buggers, at least notify me
Here it is:
12/02/2020 13:28:10 MANDATORY REORGANIZATION FEE (74914H102)
-38.00 0.00 0.00
Just throw it on the pile with my current losses in this holding at this point.
The damage is already done for me and those who wanted to bail probably already did pre Split, so I'm waiting for recovery and by that time if we have a better idea of things maybe some profiting after all.
God I hope that's not all it has left in the tank, how about .012?
I'm currently deeply in regret buying in on thisand even averaging down I've got a .0013. I'm out of here it I see green
I haven't been charged on TdA...
Where do you see that charge?
My guess after how the QUTR/Born Inc deal played out is that the filings weren't fake so much as the buyer fell through.
That might mean we're back on the market which could be good or bad given how long the initial arrangement took to come about
As I said yesterday I try to be watching the Time and Sales around this time every morning to see what people are trying to nab premarket
Today was the 4th day in a row that there was been a 8am Eastern Form T Trade at the ASK price in SNVP. Today was 500,000 at .0007 and it all adds up to about 3M shares between .0006 - .0007
I've never done a T trade, but usually I see them reserved for stocks that people think are going to react with volatility at open. Maybe it's just someone who can't trade during the open hours and is accumulating that way, but I'm not sure if there are extra fees associated.
How many .0007s did you buy?
I watch the time and sales every morning on all my stocks and somebody has Form T-Traded SNVP shares at .0006 everyday this week. Not a lot of shares, but overall I'd guess probably 3-4M
I can't find a lick of information, but there is something bubbling underneath the surface
I will say that this makes me a lot more excited than the potential of it being a heater company. 5T has some excellent assets.
Remember this is our guy
"Mr. Wieland Kreuder, age 46, has worked at FiveT Capital AG, Zurich, for thirteen years. He was an Executive Vice President from October 2007 to April 2014, and a Director from May 2014 to the present. Mr. Kreuder was an equity specialist trader at Baader Bank AG, Munich, from April 2004 to September 2007. He has a Master Degree in Economics from the University of Hohenheim.
Mr. Kreuder has been appointed as a Chief Executive Officer, President, Secretary, Treasurer and Chairman of Board of Directors of the Company"
No longer listed as ZOOMOUT
Certificate of correction posted
That is really good info about the restructure fee!
How do they notify you about the time you have to come up with that money?
Seems like SP suicide to R/S without any information. Could we be getting a PR or an 8k tomorrow?
1/3 of mine sold at .002 due to a meeting I had a standing order.
Since I'm riding free shares now, the rest of mine are held until .01+
I'm watching that... have silverflume open to get the filing if they post it.
Nothing on FINRA