Of course they are trades. All MM's DO is fulfill trades. They don't always get all the shares to fill an order from the same seller.
A year ago, I bought 1,000,000 shares of a company, and it was fulfilled as 999,999 in one tranch, and 1 share in the second tranch. So, a sharp eyed message board member might think an MM was dealing with 1 share orders.
No one knows how many tranches are needed to fill orders.
If you have a limit set, you may get your order in many little bits. I've had orders take days to fill, but eventually it is filled. Every one of those bits looks like a trade.
So, you can tell NOTHING from the number of shares in a given trade, because those are not all complete orders. They are partials - and each partial must meet the MM's spread and YOUR limit in order to proceed.
On some stocks, I have both buys and sells going at the same time, good for 60 days. Rarely do they fill all at once. If they do, I had it set wrong.
The point is that MM's don't profit from a stock price change - they profit from TRADING, and they get their cut on every trade.

It is not manipulation. It is what they are willing to pay, and what they are asking. It is their spread, and if they set it too high, they won't get the business. Other MM's with tighter spreads will get those sales. When you see a high spread, it sometimes simply means they don't want those trades. It could be because they were trying to fill an order that got cancelled, and they had already acquired the shares, so they are stuck with them. They'll then set the spread to get rid of them.
MM's are NOT traders, they don't care WHAT a stock does - they get paid on every trade, regardless if it's rising or falling.

Yeah, but...
Authorized Shares 7,888,500,000 02/28/2020
Outstanding Shares 7,865,578,306 02/28/2020
It will take a lot of work to move this behemoth...

I run MalwareBytes, and it regularly recognizes incoming and outgoing exploits from this site. and blocks them.
Understand that anything you SEE on your screen has already been downloaded, because you SEE only what is already on your computer. That's even without clicking anything. If you see it on your screen, it is on your computer, because that's how browsers work.

Years ago, I was helping develop a machine for almost instantly identifying bacteria and viruses using lasers, for Los Alamos National Labs. At the time, it's acronym was AIDS. Just about then, the AIDS epidemic erupted, and they had to rename it.

The 7.5 B shares are needed for the (convertible) loans. Loans that are backed by shares must be backed by actual available shares, so the AS must meet the conversion maximum, even if they never convert.
Last year, when Garnock 'invested', that loan was supposed to be backed by available shares, but it WAS NOT, until the AS was increased. THAT is probably where the new auditors balked. That was an illegal loan, and calls for restating the previous financials. Apparently the old/current auditor has no problem with it.

Why would anyone post a 20-year old finding from the SEC against CHIF on an NSAV message board? Good god, at least find something of relevance to post. They probably used paper shares back in those days.

If you go read those documents that were posted, Jake supposedly gets $250K from both NSAV and CHIF yearly. Now, according to the references I've been able to discover, his highest education is a high school diploma, and he's not enrolled in any university.
This whole thing stinks to high heaven - Jake can't be CEO until Tilton steps down, legally, as in a filing. And, you would not 'hire' someone to be CEO and give them a quarter million dollars a year in a company that is broke, and has no revenue. CHIF is simply a shell, but is owned by JT. To me, this looks like a ploy by Tilton to siphon any/all value out of both in the form of salary to Jake, probably with both to split the proceeds after it is shut down.
I would suggest to all to sell every share then can, as fast as they can, to recover ANY of your money that you've put in. I have a significant amount of shares myself, and am just about to dump the lot for whatever I can get.
If you read every JT tweet as a pump, you can see how he fleeced us - that dividend was a joke, but it got us to buy shares. We just never got the dividend but he got our money. The MJCCoin was another blatant attempt to get cash out of us, and many put money into it. I did $500 myself, don't expect I'll ever see that either. Nor can you even find anyone that knows where that money has gone - dead end, your cash is gone.

Tilton is not out. There would have to be an 8K for a change in management.

Why does anyone think MM's give a shit what stocks do? They get their cut no matter which direction the stock trends. They collect from the seller and the buyer for each transaction. Why on earth would anyone think MM's would even LOOK at these transactions? The OTC is fully automated, and all that matters is what the ask/bid spread is, which is adjusted constantly as trading proceeds.
So, no, MM's don't 'fleece' anyone. They just fill orders and collect on the deal. They are more like cashiers than traders. The only times they actually buy shares is to fill orders that are All or None - they have to amass enough shares to fill such orders, but again, they don't care which way a stock is trending. Why would they? MM'S ARE NOT TRADERS!!!

Starting with the Garnock loan, this is exactly how they have been operating. Unfortunately, the Garnock loan was also convertible, and they did not have enough shares in the AS to cover it. THAT is what I pointed out last year - that is illegal. The Garnock loan enabled them to pay off the OTHER loans that were on the books. A fresh start. But the business model is unchanged - they buy goods and sell them, and they don't have enough cash to pay up front, especially considering they have to pay those loans back before they convert. Then they get another loan. No big deal - it is not the terms of the loan that counts, because they aren't going to let them convert. They just need funds to run their business, and they have to borrow to get as much product as they need.
Having been in the same business, only all importing, all business is conducted in cash or an LC - letter of credit - and the standard unit of shipment is the 'container'. You buy containers of goods, ship them where needed, and get paid. They don't sell to consumers, they sell to distributers. This is the bridge between the manufacturers and the distributers.

Past what? Don't you understand how VRUS operates? They don't make their products, they BUY them cash up front. Then they SHIP them to customers, get paid, and pay the loans back. They they repeat. The difference between the loan and what they make on the sale is their revenue. The loans simply enable them to operate in this fashion. They don't have enough CASH to buy the goods, ship them and get paid, yet.
They want to begin making some of their products, but until then, they have to buy them. That's why the gummies are coming from Spain...and they have to PAY for them up front. That's what the loans are for.

The notes are part of the business. They borrow to buy goods to ship to customers, get paid, and then pay off the loan. That is their BUSINESS MODEL. That's why the terms are nearly immaterial - they expect to pay the loans off before they can convert. time will tell how that is going, since the filings are late. But the TA would know if the OS has increased.

As I stated multiple times last year, they were issuing notes without sufficient AS to cover them if they converted. That is a violation of the law. They eventually did increase the AS, but it was after the notes were issued. Blatant error. Don't know if that was etrade's problem because no one told us what it was about, but that is a clear violation - essentially selling shares they don't have.
I suspect that MHM quoted them a price to 'fix' the errors, but VRUS was unwilling to pay that much - after all, they expect to be paid according to their prevailing rates. I can't imagine them backing out if VRUS was willing to pay them what it would take to make the corrections.
And, they would not put their stamp of approval on something that was incorrect, and apparently, blatantly. So, a parting of the ways, and a restart with yet another company...
We aren't told how far back the errors go, it could be clear back to the previous RBIS or perhaps all during VRUS business. In any event, it WILL have to be fixed, and VRUS will probably not do much until it is fixed, or VRUS may opt to stop being SEC compliant to get around it.

Still not legal with no filings. Can't change CEO without telling SEC/Finra. Something still isn't right about this.

It is a public company, so it must follow SEC/Finra rules. If there are no filings regarding a change of leadership, it has not happened, or it has happened illegally.
An 8K is required for these changes in corporate management.
Section 5 Corporate Governance and Management
Item 5.01 Changes in Control of Registrant
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit Plans
Item 5.05 Amendment to Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics
Item 5.06 Change in Shell Company Status
Item 5.07 Submission of Matters to a Vote of Security Holders
Item 5.08 Shareholder Director Nominations

No 8K, no change, legally. It is even required for change in directors, let alone CEOs...

No, ONCI is not a reseller. It doesn't sell ANYTHING. It is a holding company that owns a part of a manufacturing company. ONCI gets PART of the profit of the devices and attempts to drum up sales FOR THE MANUFACTURER.

No, they are not synonymous. Cogosense is a company that produces the product. It is partly owned by ONCI, which is a holding company that holds interest in some other companies as well. You won't ever see ONCI ads, because it is not a manufacturer of any product, nor would it be involved in customer service, repairs, returns, etc. It takes a piece of the PROFIT made when the products are sold. ONCI's job is to get customers lined up for the manufacturers.

The notes are how VRUS runs its business. It borrows money to BUY goods and to SHIP the goods to BUYERS, who PAY VRUS for those goods. VRUS then PAYS off the loan, and repeats the cycle. If the loan has enough time remaining on it, it may be cycled again before it is paid off.
The money this company earns is the difference between the loan amounts and the amounts they are paid by buyers. The reason for starting the candy business is to cut out the middleman...producing goods for sale directly without having to borrow money to get the goods to sell.

You are confusing loans with private placements. This is a loan, meant to be paid back before any conversion is possible.

The first thing that can happen is a letter from the SEC giving the company 15 days to become current...
Delinquent filer choices:
Choices for delinquent filers

The reason for a large AS is to cover the possibility of conversions, even if they don't convert. A public company can't take on convertible notes without the AS being able to cover it.
From my perspective, the loans are for doing business, not running the business.

In case you don't remember, the terms of the notes don't make much difference. They use the money to buy goods, ship it, sell it, get paid for it, and then return the loan, pocketing the difference. That's why there is always an early payoff clause.
So, 'toxic' or not doesn't matter. All that matters is that they get the money, do their deed, and pay off the loan without harming the company.

It would be hard to tell the difference between abandoning all previous businesses and the way it has been the last couple of years... :(

The terms of these notes is almost immaterial. VRUS borrows money to buy goods, ships the goods to customers, gets paid, and pays back the loan, keeping any profit above expenses. That is their BUSINESS model, and is how they have been operating right along.
Notes have to have terms, but clearly VRUS doenst expect to default on the notes, or they wouldn't accept terms that could hurt the company.
Other OTC companies are share sellers just to keep the doors open. VRUS is making money, and doesn't use the loans for expenses.

The previous auditor was late for every q and k. Last year's K was late over a month AFTER the NT deadline.
It takes time to locate and hire a new auditor, and it takes time for them to come up to speed on the entire company history so that when they say the facts, they have checked them themselves, to eliminate any errors by previous auditors. And, when the new auditors find an issue, they may have to research it through past history to get the facts right.
Changing auditors for a publicly reporting company is no easy task, nor is it to be taken lightly. As I see it, they are looking for a reliable auditor that will perform on time and correctly. Late filings are not good, and if the NT date is missed, can result in costly penalties.

If you really think people buy and sell the shares in this company based on what people say here, neither they nor you have any business trading in the first place. This is a gossip board, not the SEC. People can say whatever they want for whatever reason they want. NONE of it is worth spit.
The only thing that IS worth paying attention to is their filings and public statements. YOU have to decide based on THAT, not some gossip board.

It is calendar days, just like the 90 day period after year end. There are 15 days granted, which accrue from Jan 29. Today is the 15th day. Filings should be tonight.

The 10K is due 105 days from October 31.
Nov=30
Dec=31
Jan=31
Feb13=13
Total 105...Due today, probably after hours.

He IS a child...grad high school in 2018. JT always said there wouldn't be an RS while he was CEO...now he isn't.

It is not business days, which anyone that takes the time to investigate would know.
"An extension of up to 15 calendar days is available for Form 10-K and up to 5 calendar days for Form 10-Q. The extension period begins to run the day the report was due. No further extensions are available."

Making such a claim with no link to prove it means nothing.
Plainly speaking, many traders have orders to buy or sell by end of day (market on close). No big thing - it just means they have a limit they want to meet, but if it isn't met by end of day, the transaction can proceed at whatever the market is. Also, most MM's that haven't closed by end of day will do so. It is EXPECTED that there is more activity at end of day because some trades are TARGETED for end of day. And, what I said was that you can't determine anything of value by noticing end of day trading. It is simply a part of normal trading.

Public company don't TIME their releases to impress traders. Get a fricking grip. they file them when they are done and reviewed.

Apparently, some green traders don't understand that MM's close out at the end of day, AND any orders that are 'good for the day' close out at end of day. No such thing as 'painting'...It doesn't even pass the smell test.
End of day is settling time, period. It simply means cleaning up what has not been done yet during the trading day. There is absolutely NOTHING of value that can be discerned by end of day trades.
All we see is the trades - we do not know what drives them.

A filing is not late if the NT is filed. It simply means they need more time. Given the changes in business in the last year, plus the change in accountants, it makes total sense that it would take longer than usual for an annual report. It'll be along soon. And then we'll know everything up until last October 31, plus any 'subsequent events' of importance. It should be interesting reading, but absolutely nothing to worry about. Seems people here are just TRYING to make things look worse than they are, but generally because of lack of knowledge of how public companies actually work.

You all realize that the CEO owns both of these companies, and moves assets around like peas under a walnut shell, right? He makes it sound so 'legal', but it is just him shuffling things around trying to get traders interested in the various companies.

It is a 10 K that is due, not a 10Q. It is due by 90 days after the end of fiscal year, which was Oct 31. That makes it due end of January. There is no grace period unless an NT 10K is filed for an extension, and that provides 15 more working days, IF it is filed first. They that did last year.

Each quarter and the annual are written in sequence, only adding what has happened in the previous quarter, or summarizing what has happened in the whole year. Even though not much has changed businesswize or revenuewize, the reports still must be generated, new dates added, etc. Then they must be uploaded, and each one paid for. I think annuals are $25k, and quarters less, but there is real work and real money involved.
The real question is whether this will actually be accomplished, or is it a way to get traders to become interested in the stock again. We all know that when CEO's speak, we don't know their motives.
TGGI has no assets, no business plan, and a ton of bagholders. I'm one of them. At this point, seeing is believing, and nothing the CEO says is worth a grain of salt.

There would not need to be an RS - their AS has been 100M, while VRUS is 75 times that...

No, he has moved the assets from this and his other tickers over to GCGX. Now they have the hopes that people here used to have. I do watch GCGX to see what happens there, but my remaining 'investment' here is down 70%.
Remember, he has multiple pink companies, and he moves things around, leaving companies like TGGI with no assets and no business plan going forward...