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That’s great if they do so then maybe more people will invest in their company imo, it’s very simple actually, since obviously they wouldn’t go through all the trouble of creating an App just to tell winners they can’t have their winnings while every month more restricted shares promised to be cancelled become common shares (a reason for delay in many OTC stocks is to allow for restricted shares to vest and be sold as common shares while faking a product or service)
Maybe they are buying up the stock to start a rally so the warrants can be turned in.
So the stock will start at 7.20 tomorrow after the split .48 x 15.
There are plenty of OTC stocks where investors wait forever for the company to “get it right”, 99% of OTC companies in fact. Getting answers to the key questions separates the 99% from the 1% that have a chance at making it, that’s why the questions are asked.
“Management was quick to answer general questions as well.”
Not quick to answer specific and important questions about the business model though.
Let’s see it keep going so that it is worthy of a car company, meta verse etc I see companies in dollars that are doing the same thing, minus a crypto car app that Musk will tweet about probably if crypto innovation is important in the EV industry.
Any missed timeline needs to be acknowledged, explained and apologized for in market communications, not ignored. That’s responsible communication displaying honesty and transparency so shareholders can make an informed decision about a product. If a company doesn’t have what it is selling then things start getting ignored and tweets start becoming about the industry at large.
You stated that they answer your questions promptly, correct? So what is the answer about the restricted share cancellation and the process of funding payouts? If you say they haven’t gotten back to you yet is that the definition of prompt?
I change my tune to how the company plays, if the company doesn’t show up for the game then fans get frustrated and negative about the team. That’s normal in markets. You might not buy one type of product next week because this week it wasn’t delivered on time. To some people Apple can do no wrong because it is a trillion dollar company, this company hasn’t even gotten started yet and it is already missing timelines it set for itself. Let’s hear the answers to the two key questions which were promptly responded to.
On November 4:
“With Ethereum north of $4,500, Sysorex owns more than $5.5 million in Ethereum generated by its mining operations, predominantly at this data center“
Ethereum is now at 4,000 per coin so about .6 less, about 4.9 million plus one month of mining brings it back up to probably to 6 million ETH or so.
Cash number was at the end of q-3, that was September 30, two months of administrative costs and plus this cost:
“The purchase price paid by Sysorex for the balance of the data center and GPUs was $1,000,000 and 1,000,000 shares of restricted Sysorex common stock.”
So their cash balance is probably between 2 and 3 million.
Minus 5.3 million for judgement minus lawyers fees for any lawsuits that may be pending for corporate negligence, how do you not know that you owe someone that much, etc., back to near square one. Their operating costs won’t likely be able to be paid in cash. Unless there is some way they don’t pay the judgement like it they issue shares for it, which is dilutive.
“Due to miscommunication with Tech Data, the Company inadvertently failed to pay, when due, some of the installment payments in the aggregate principal amount of $3,341,801.80, as set forth in the Note and has defaulted under the Note.”
Wait…what… miscommunication ? What? With CoVid being so rampant maybe they thought they could let it slide until the other company went out of business? Who knows, shareholders can only speculate as is their right when provided an inadequate explanation. This type of “responsible” management earned a 6.86% increase in share price today, what a backwards market. 99 times out of 100 this type of news would be devastating to a company and its SP, nobody is paying attention ?
You can disagree because you think "In coming days" is fine, but that isn’t based on a technical reason why it is fine, it’s just a feeling. The Tweet implies that progress is being made, it doesn’t let you know that progress is being made. Updates are implied to be coming, late.
“It's most likely the Rollout schedule for 2022 that you asked for in a previous post.”
Everything can be redefined as “almost” like anything else. And Investors are supposed to be overly critical of every word of every Tweet, and failure is not comical to me. Just let “this” play out? What is this exactly? A stock that strings the fish along? A pump and dump in the waiting ? This is not a typical OTC stock? Why not? It uses Twitter to promise, fail, delay and repromise like your typical OTC stock.
“No one I know (that's invested) feels like a fish being hooked and strung along. “
Ah so the silent majority eh? That you know? Their feelings are worth zero.
“Other OTC stocks often have no product at all with management MIA for months on end. We have a cutting edge product in a super hot industry with excellent communication from management.”
Comparing a stock as superior to the lowest common denominator is not something to be proud of.
“I'll send James a thesaurus, maybe he won't disappoint you next time with his word usage.”
The disappointment is in not following through on timelines, based on what is said publicly. That is how investors invest, on public knowledge. Redefining words is a convenient part of any scam.
Maybe there was a planned pump and now they are rethinking it or still want to pump it regardless, even after losing basically 5+ million in one day, almost all that they have in crypto currency That would be the OTC for you.
The company likely defaulted on its obligation and if so how does that affect its credit :
“The Debentures provide that any monetary judgment filed against the Company for more than $50,000, and if such judgment remains unvacated for a period of 45 calendar days shall constitute an event of default. As a result, the Confession of Judgment could be deemed to be an event of default under the Debentures although the Company only became aware of the Confession of Judgment on December 14, 2021. ”
First it doesn’t say the company didn’t know about the debt prior to December 14, it only says they became aware of the document filed against the company on December 14. Second, it doesn’t say that the company could be absolved from paying the money back, it says that the company will likely have a judgement against it to the tune of 5+ million that will have to be paid back, and that amount is the equivalent to their holdings in Ethereum, more or less. An investigation should be conducted as to what they knew and when, imo. They imply that they knew only on December 14th, but if you factor in that the Michael Bay NFT never occurred and that they invested in “The Hunt” right before October (The Hunt for Red October … Which it was Red in terms of SP) it seems as if they may have known and we’re trying to let investors know in other ways other than a pre-admission to the document filed against them. Here is another thing: what if they or their friends are in both sides of the judgement? They would be funneling all their Ethereum to the other side to pay the judgement and then declare bankruptcy for this company leaving shareholders with nothing, while retaining their Ethereum and moving to paradise with the money.
This stock should be considered to have no assets and heading for bankruptcy imo until a full explanation is provided.
The SP is currently being propped up at this price so as not to draw too much attention while they sort this out imo. But a big dump is inevitable as investors realize everything they earned in Ethereum is about to go bye bye. Not to mention lawyers fees if people sue. Can’t you just imagine the conversation they are having or had, keep the SP stable maybe no one will notice.
What happened I thought the buyback was a thing? Where’s the hype ? Proven rigged market. 12 million share buyback of a ev-crypto car otc stock can’t make the price increase LOL. Why not just tell everybody how the coin is being funded.
How long is “in the coming days”, many investors have been in OTC stocks that initially are successful at achieving their timelines and then get worse and worse at it, basically the tweets just string people along forever after they are hooked like a fish.
“I think they used the word "imminently" as in ASAP. “
Imminently does not mean ASAP. Both have different definitions. If a bartender says they will get your drink imminently that means right away, today, not ASAP maybe next week or next year, and no one is going to dispute that analogy.
“As soon as possible, to allow for a slick and Bug free App.”
The App can be completely big free, but if they can’t pay anyone who wins a bet then it is like a game app that people play to waste their own time.
“That's exactly what they are doing. Who cares what word they use?”
Investors care what words are in PRs.
“Those of us that are actually invested in this company believe in the product, in the management and in the direction the company is going. They have amazing technology and are very forthright in their communication.”
Not forthright if timelines are set and then missed.
“LAUREATE EDUCATION TO HOST ONE-ON-ONE AND SMALL GROUP MEETINGS AT UPCOMING CONFERENCES IN JANUARY
December 16 2021 - 04:15PM
PR Newswire (US)
BALTIMORE, Dec. 16, 2021 /PRNewswire/ -- Laureate Education, Inc. (NASDAQ: LAUR) (the "Company") today announced that its management team will host one-on-one and small group meetings at the Morgan Stanley Virtual 14th Annual Latin America Executive Conference taking place virtually on January 12-14, 2022 and the Santander 26th Annual Latin American Conference taking place virtually on January 18-20, 2022.
Conference participation is by invitation only and registration is mandatory. For more information on the conferences or to schedule a one-on-one or small group meeting with the Company's management, please contact a Morgan Stanley or Santander representative.
About Laureate Education, Inc.
Laureate Education, Inc. operates five universities across Mexico and Peru, enrolling more than 350,000 students in high-quality undergraduate, graduate, and specialized degree programs through campus-based and online learning. Our universities have a deep commitment to academic quality and innovation, strive for market-leading employability outcomes, and work to make higher education more accessible. At Laureate, we know that when our students succeed, countries prosper, and societies benefit. Learn more at laureate.net.
View original content:https://www.prnewswire.com/news-releases/laureate-education-to-host-one-on-one-and-small-group-meetings-at-upcoming-conferences-in-january-301446854.html
SOURCE Laureate Education, Inc“
“4:33p ET 12/14/2021 - PR Newswire
LAUREATE EDUCATION ANNOUNCES INCREASE TO SHARE REPURCHASE PROGRAM
Laureate Education, Inc. (NASDAQ: LAUR) (the "Company") today announced that its board of directors approved an increase in the Company's existing share repurchase program, from $500 million to $600 million, to acquire shares of the Company's Common Stock. The Company has repurchased approximately $435 million of shares under the authorization to-date.
The Company expects to finance the additional $100 million of repurchases with cash on-hand or from its revolving credit facility, or a combination thereof. The Company also expects to complete the repurchase program in the first half of 2022, dependent on market conditions.
”
View original content:https://www.prnewswire.com/news-releases/laureate-education-announces-increase-to-share-repurchase-program-301444702.html
SOURCE Laureate Education, Inc.
Build back better Bill would have helped
A run is coming soon …
600 million dollar buyback… beautiful…
Chalice Farms
@ChaliceFarms
An award-winning, farm-to-table lifestyle cannabis company in the PNW. 21+ Division of Golden Leaf Holdings, Ltd.
Portland, ORchalicefarms.comJoined May 2015
https://mobile.twitter.com/chalicefarms
Go ask Alice in The Matrix
BOOM Trinity big day today and tomorrow
By year end, 5 days more of consolidation lower
Twitter crowdfire could be interested in Bebuzee:
Bebuzee COO Twitter account:
“Claudia Spagnuolo
@spagnuolo83
·
3 maj 2018
I’m ready to engage with my 2 new followers in the past week. I know them via http://crowdfireapp.com/?r=tw”
“Claudia Spagnuolo
@spagnuolo83
·
11 paz 2018
Growing and engaging with the right tweeps - gained 7 new followers in the past week, courtesy http://crowdfireapp.com/?r=tw“
https://mobile.twitter.com/spagnuolo83?lang=pl
If Twitter crowdfire shows interest this will moon, Facebook owns Instagram, Twitter owns…
This iHub post could be one of the greatest DD in history if I’m right
Also Properbuz:
Properbuz
@Properbuz
Properbuz is a free global property marketplace and a social network for the real estate industry. Search millions of for-sale and rental properties worldwide.
Worldwideproperbuz.comJoined February 2015
10 Following
4,615 Followers
“Claudia Spagnuolo
@spagnuolo83
·
5 sty 2018
I love this bedroom..
Cytuj Tweeta
Properbuz
@Properbuz
· 5 sty 2018
Once outside you can bask in the unobstructed 180-degree ocean views accompanied with saline pool, Jacuzzi, loggias, with landscapes and hardscapes reminiscent of the French Countryside. | Location: 15 Harbor Light, Newport Coast, CA | See more: https://properbuz.com/view-details?property-id=15-harbor-light~137244…
Zdjecie
Claudia Spagnuolo
@spagnuolo83
·
5 sty 2018
Dream Home..
Cytuj Tweeta
Properbuz
@Properbuz
· 3 sty 2018
This magnificent home offers 8 bedrooms (2 masters), 11 bathrooms, 6 fireplaces and a true, 6 car garage.
| Location: 2900 Ocean Blvd, Corona del Mar, Newport Beach, California | Listing: https://properbuz.com/view-details?property-id=2900-ocean-boulevard~137245…
Zdjecie”
The Twitter deal may have been in the works for some time.
Moving quickly now
ENGAGE MOBILITY, INC.
107-111 Fleet St.
London, ENG EC4A 2AB
United Kingdom
Principal Executive Offices:
7339 E. Williams Drive
Unit 26496
Scottsdale, AZ 85255
www.bebuzee.com
+44 (0) 7586817577
rhonda@smallcapcompliance.com
FINANCIAL REPORTING
Reporting Status
Alternative Reporting Standard
Audited Financials
Audited
Latest Report
09/30/2021 Quarterly Report
CIK
0001547521
Fiscal Year End
6/30
COMPANY OFFICERS & CONTACTS
Joseph Onyero
President, CEO
Claudia Spagnuolo
COO
BOARD OF DIRECTORS
Joseph Onyero
President, CEO
OTHER COMPANY INSIDERS
Hua Zhang
Engage International Tech
Share Structure
Market Cap Market Cap
55,149,078
12/20/2021
Authorized Shares
500,000,000
12/17/2021
Outstanding Shares
24,082,567
12/17/2021
Restricted
22,843,470
12/17/2021
Unrestricted
1,239,097
12/17/2021
Held at DTC
1,197,597
12/17/2021
Float
5,310,062
05/13/2015
Par Value
0.001
8-k not good, termination of $37,000 a month lease by the State
https://ih.advfn.com/stock-market/AMEX/regional-health-properties-RHE/stock-news/86859187/current-report-filing-8-k
Another “nothing” PR promising future products which will take months to develop that investors have to wait for :
“ The two parties will develop the IP + NFT + Metaverse business model, providing the peripheral products and digital merchandise services for authorized IPs during this cooperation. Through the Company's BIF blockchain platform, the IP co-branded contents and products can be distributed, traded and transferred on global NFT platforms such as Antchain and Tencent Huanhe. Combining multiple technologies such as AR, VR, and Computer Graphics, Metaverse has created excellent scenarios and platforms for virtual IP and content production, allowing it to deeply integrate with more industry scenarios such as live commerce and IP endorsements. The business model also provides possibilities for the Company to explore the applications of NFT + tangible assets, digital assets financial services and others in the future.
In addition, the Company and Digital Gold Information will jointly establish an IP alliance to develop domestic and international cooperative IPs. At present, the IP alliance has closely cooperated with Tencent, Netease and other internet giants, covering a variety of IP types such as game IP, two-dimensional space IP, museum IP, and cultural creation IP which includes but not limited to Kings of Honor of Kings, Game for Peace, Hatsune Miku, and The Metropolitan Museum of Art. The average daily active users of Kings of Honor reached 100 million in 2020.”
If they say the word “meta verse “ a few more times maybe that will do something. Notice how the November strategic cooperation netted zero products and services.
When is the reverse split scheduled for
Funding not yet located for next phase of research, starting to remind me of sphs
They are supposed to merge with Zash
“Tokenomics
Taxes benefit holders
There will be a 9% tax on all TEV Coin transactions:
3% Goes to liquidity
3% Rewards distribution
3% Marketing wallet
Deflationary token”
9% tax on TEV coin transactions to keep the operation going, just need it to be backed by something in the first place. It seems like this business plan is working backwards.
What collateral is the token backed by? Does it say in the white paper?
When is the merger?
Not good:
“ Promissory Judgment Note
Sysorex, Inc., a Nevada corporation (the “Company”), entered into a Promissory Judgment Note dated as of August 15, 2018 (the “Note”), with Tech Data Corporation (“Tech Data”), pursuant to which the Company promised to pay the principal sum of $6,849,423.42 to Tech Data. The Note provides that interest shall accrue on the balance of the Note at the rate of 18% per annum. Due to miscommunication with Tech Data, the Company inadvertently failed to pay, when due, some of the installment payments in the aggregate principal amount of $3,341,801.80, as set forth in the Note and has defaulted under the Note.
On December 14, 2021, the Company became aware that a Confession of Judgment (the “Confession of Judgment”) had been entered against the Company in the Superior Court of the State of California, County of Santa Clara by Tech Data on September 24, 2021. The Confession of Judgement is entered for a total sum of $5,942,559.05, which is comprised of the principal sum of $3,341,801.80 and prejudgment interest in the sum of $2,600,757.25.
Debenture Default
The Company has sold to certain purchasers 12.5% Original Issue Discount Senior Secured Convertible Debentures (collectively, the “Debentures”) pursuant to the terms and conditions of those certain Securities Purchase Agreements entered into by the Company and certain investors. The Debentures provide that any monetary judgment filed against the Company for more than $50,000, and if such judgment remains unvacated for a period of 45 calendar days shall constitute an event of default. As a result, the Confession of Judgment could be deemed to be an event of default under the Debentures although the Company only became aware of the Confession of Judgment on December 14, 2021.”
8-k worst possible news to inadvertently not pay a 6 million dollar debt. Lawsuits might be filed against the company.
5 days after this tweet no roadmap has been provided, two “industry tweets” were provided though, which is not good:
“ Swifty Global (OTC:DRCR)
@SwiftyGlobal
·
Dec 16
$DRCR #SwiftyPredictions Top features and bugs reported during the public beta. We appreciate all ideas so keep them coming. We will be bring out a roadmap for 2022 shortly that will include the roll out of the new features. #Swifty #OTC”
Any company that is tweeting about the industry it is in and not following through on promised timelines is directing its share price lower.
Preblaming lawyers for what was always a planned delay till 2022 for tax reasons is ridiculous as is the value of a liar’s firm belief
Back to a close at 6.78 imo then a run higher, build back better bill is no more
No Build Back Better Bill, SUNL is soon to be lower
PR signals that LLL will be delisted by Nasdaq soon:
“Today, we are honored to be a foreign company listed on the NASDAQ stock market, and hope that in the future, NASDAQ stock market will be proud to have JX Luxventure as part of its listing companies."”
https://www.prnewswire.com/news-releases/jx-luxventure-limited-announces-reorganization-and-removal-of-variable-interest-entity-structure-301447125.html