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I think that's old. Nevada SOS has the same 500m AS from July. Unless he re-raised, but would have to show on the SOS in next day or two.
Based on the hows it been trading, I thought probably close to 200m, or a 30m addition. Fins soon!
Lol, its gonzo trading like a newbie
I put 'em in the long term account. Always useful to trade through a few different brokers :)
Picked up some more shares the other day, seeing if I can free up some more powder this afternoon
Nice, that is great info! He has a deep knowledge of how things work in the industry, the market will catch on soon.
Will definitely squeeze with volume! Y’all have bought up the entire float. Just depends on who starts selling where.
Nice news. Adding revenue for what's left of the year that is greater than yesterday's market cap lol. Time to move up.
He's giving us all the hints he can, love it!
Bentley doing a deal with Robinhood for his sports day trading app?!? $SFIN
https://i.ibb.co/gmjfBKx/BC474845-2961-480-F-974-C-E9-B3-EB256-CC8.png
It will capture attention when the first filings in 10 years drop. Then they'll do DD and realize the potential.
Bargain Friday, I suppose
Joke or serious? I can't tell!
Lol you're asking the wrong guy. All I've seen Falak do the last 4 years is lose money. Why did they buy a UAV biz "Floating Leaf" in 2016 to roll into the failing Menasat? Or buy Aardvark in mid 2017 for $1.5 mil then turn around 6 months later and say the biz wasn't viable? Why did Falak continue to fund Menasat through half of 2019 before they had to appoint an administrator that salvaged $250k and didnt even pay off the creditors? Why is PSPW / Shala going to be any different?
It doesn't matter what I think since I have no shares. That said, with what is now 7 missing reports, my personal opinion is that there's a greater chance of Falak making an off-market deal to sell their controlling interest in PSPW than there is in the Falaknaz family doing anything with the shell itself.
I would like to agree (that you don't buy controlling interest for no reason). But I'm done playing their games with my money until they show something that says they CAN and WANT to get it done.
The value of paid-in capital that Falak lost through Menasat was at least $245 million, probably more if you add all the related parties. Plus he got screwed millions by a past deal maker (or so it has been speculated by multiple insiders). Those kinds of losses can change the way you take risks in the future.
Watch him post fins next week ahead of schedule and catch people sleeping on it lol
Indeed. 100k of it was mine.
What you see as Falak's opportunity, I see as Falak's sunk cost. In another ten years, perhaps we'll see which of us was closer lol.
Yes they own the majority. But the majority of nothing is still (essentially) nothing. I admire your optimism for this, but until there’s confirmation that the company WANTS someone to know how the pieces fit together, I won’t buy any shares back.
Falak has always been involved from the beginning. Here’s one of the transfer documents from 2014. I looked these up a long time ago before the concession got canceled and redone. I’ve spent too many damn hours of my life trying to piece together a puzzle that the creators don’t want to be solved.
http://www.qkb.gov.al/umbraco/Surface/SearchSurface/DownloadDocument?documentCode=CEB640F2-8CB0-46F9-B556-FAE07EA51D18
I assume you know how to see all the historical docs since you found them originally anyway. But for anyone that doesn’t know how.
http://qkr.gov.al/search/search-in-trade-register/search-for-subject/
In “subject name” type Shala Energy. When the results come up, click “download historical extract” and it returns the running list of the filings and info since inception. The link is dynamic so it can’t be copied directly, you have to search for it. The attached documents in the filing history are static links, and that’s what I’ve been posting.
They never dissolved. They just dont have anything to show!
Its been this way since the new concession in 2017 when they made the S.P.V. of 3Power Shala. I never saw anything that said the parent Shala Energy had been dissolved, they've been doing their thing every year.
I’m not even going to translate the fins, I’m sure it will be like the ones before it. If you find anything useful other than a $4300 profit, let me know.
Not that it matters, but they met on the 14th and filed the Albanian parent Shala Energy Shpk fins yesterday.
Resolution:
http://www.qkb.gov.al/umbraco/Surface/SearchSurface/DownloadDocument?documentCode=B750B400-E5EC-4F16-9362-AABD5C110846
Fins:
http://www.qkb.gov.al/umbraco/Surface/SearchSurface/DownloadDocument?documentCode=CA935193-6C41-477D-B986-1EED4F54F2D1
Filled some more here today. I think I'm loaded lol.
Because of my expertise, I've been involved in their audit process. He's not lying. It can be very time intensive (read: costly) if things are not set up in certain ways. I will not say any more about this, and I don't care if you dont believe me because it doesnt matter what you think about it.
Yep! Keeping my eyes peeled for whatever hits first: SEC registration statement, name & symbol change on the daily list, or filings. My money's on the name & symbol change.
Lol no. They would just file an amended annual with an auditor opnion letter.
We really doing this again?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154101011
Nice. I'm just being stingy on my low bids lol. But I've picked up a few 3s lately. We will rock soon!
Arrgh come on, fill my 2s!!!
Lol no dude. "Stop sign" bc Q1 report was also due on the 14th. With a 5 day extension that I bet we'll see today now that annual is filed, Q1 should be due tomorrow.
Wow $15.3m annual revs, $6.6m gross profit / $3.5m net.
https://backend.otcmarkets.com/otcapi/company/financial-report/255373/content
Bids came in quick, guess we know support
Q2 ending June 30th should have been due Fri (45 days after quarter end). But I'm wondering if thats why in the last PR they mentioned end if Aug bc their not going to file until they have consolidated Cycle fins audited and ready by end of month. I emailed Mike about it last week but he never replied, I assume because he cannot say as it's material. If anyone has insight on this it would be appreciated.
Wouldn't XFLS normally have to file a Q by today? Or has the fiscal year end been adjusted for the Cycle merger?
You just proved my point lol