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Interesting action here.... accumulation way up
I don’t think it’s a p+d.... I think he’s gonna sell it or put something in it. No other reason to go current.
Wait? I’m at almost 10 mil shares thus far.... NO WAITING FOR ME!!! I’m loading lol
Furthermore, if the reduction of the AS results in an AS that is still greater than the OS then no RS is required nor would it be logical. Most of the tickers RS to reduce the number of outstanding shares. The accurate SS (which is yet to be truly verified) will appear when filings drop. As of right now, it appears to be 70/400 mil issued with no change and no FINRA action required. All IMO of of course.
Yes I see..... appears It was simply a reversal of the filing, an immediate reduction not requiring a RS. If no stock was issued (clearly not)... then no RS is required to reverse the filing. It’s simply a share reduction.
Stock was already split and done 1:260 in 2015 approved by FINRA then subsequently increased to 400 mil. The SS indicated on OTCM is accurate. This occurred after the last financial report was uploaded for 3/2015. Obviously the only way to confirm the accuracy is a new financial report and TA update.
The stock was split on 4/20/2015 down to 50 mil AS. On 4/29/2015 the AS was increased to 400 mil...... the share structure listed by the transfer agent is accurate. There is no RS coming as some will have others believe, this was already DONE and approved by FINRA 5 years ago, then legally reinstated and moved to Wyoming. We’re looking at a 50 mil float that is clearly locked.
I’m sorry my friend but you’re mistaken regarding the OTCM fees. It’s $1000 to register but $6000 annually.
I agree 100%..... he’s a wealthy man and doesn’t need to scam OTC players for change either.... very well connected
I doubt he’s going current simply to be current... the fees for OTC Markets are around $6000-$7000 for the year not including accounting fees or attorney fees.
Attorney letter out.
Patience.
This is heavily shorted..... I’m adding daily under .05
It could also mean shares were cancelled. Let’s wait for filings. The new OTCM filing format will provide a very clear picture as to what is going on.
Well I see no evidence that he is involved here. Thankfully. If Tom Kim is a standup guy, as his previous actions have thus far shown him to be, we might have a nice trade here.
That wall can get taken ..... don’t be foolish
Xeriant Aerospace.... Nice name!!
Xeriant.com
Not sure who this Xu character is, don’t really care. Stick to the facts. Clearly the CEO isn’t selling stock and there’s no convertible debt. He had a connection in the past with the DeTomaso exotic automobile and seems to be a legitimate businessman. That’s all the info I need to hold long here. Littering the board with unfounded information regarding some guy named Xu will hurt more than it will help. Wait for current status and see what happens is my advice.
$70 by January
I have those same exact calls as well as the 313’s.... A total of 110 contracts. It’s make me or break me tomorrow. But I can’t see Trump walking into a rally after a red day in the market.
Micro float here.... need me some of this
Thank you sir.
What website did you check? I can’t find one for Novint...
What news?
Little bit of slapping today lol
I’m not upset, I said congrats. I prefer larger gains. Good luck trying to reload.
Congrats. Bye.
Just getting started
If a powerful name is attached to it, could be a nice runner into the .50’s is what I’m thinking
Based on your history here.... what do you think is going on with the company? New deal?
Oh wow.... I just read it. Extremely interesting history you have here. Did you get back in?
has anyone made recent contact?
Then who is running the show? Just Orin?
Has anyone contacted the CEO? Asked any questions?
Subsequently, on March 4, 2020, a settlement was reached with the credit line provider, under which the $1,000,000 was returned out of escrow and repaid to the private investor, less attorney’s fees of $18,355. Additionally, the Company and the private investor negotiated a reduced payoff amount with waiver of the $553,000 accrued interest payable. The matter is now fully resolved.
Got rid of the $1million debt AND the 553,000 interest payment. Those will go eventually, only way is up.
We’re at the bottom of the chart. Only up from here.
NICE!