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Do you think we see any acquisition news before the Q?
Did you discuss the warrants with him? Do you happen to know if the note restructing also canceled warrants?
Hey Jackpot, do you post on twitter or only iHub?
Don't love seeing CFGN back on the ask.
Good morning all.
Nice day today. With any good news in the next few days we should get back to double digits.
Some of the typical diluters stepped up to the bid around .0505 which was encouraging. Hopefully CFGN stays off the ask for a bit. $TLSS
That was me testing to see if I would get a fill below the ask. No MMs came down to fill my small order and I ultimately had to hit the ask which is a good sign. Even when LBRG was trading decent volume a few years ago it was very thin.
I think it plays a meaningful role in many penny stocks. That being said, TLSS has millions of dollars of trading volume a day and is therefore likely less impacted by message boards etc.
I think the use of "and"opposed to "and/or" in that section is a mistake. See the below quote.
These anti-dilution protection features only provide for one-way adjustment, therefore, even if the Company cures any events of default, and the trading price increases, the conversion and exercise prices of the notes and warrants will remain a fraction of a penny. As a result, the existing stockholders, including holders who earlier converted their notes or exercised their warrants, will continue to be subject to substantial dilution. Further, given the spike in the number of shares that the Company is now obligated to issue or keep available for issuance, the Company does not currently have sufficient authorized common stock to satisfy all of such commitments. The Company intends to seek shareholder approval to amend its Articles of Incorporation to increase the number of shares of common stock available for issuance and/or effect a reverse stock split to enable it to meet its obligations. The Company intends to file a preliminary proxy with the Securities and Exchange Commission in June 2020.
That is a fair question. My hope is that any proxy includes an explanation on how they intend to retain shareholder value. I also believe that an increase in A/S opposed to R/S will be received positively.
Awesome. Congrats!
Hard to say. No meaningful amount of shares have been sold in the past few years. The vast majority of shares are restricted according to otcmarkets.com.
Every six months or so I feel nostalgic and debate adding more shares.
$LBRG
The share structure here is very nice. With the penny market moving the way it has recently, we are in a prime spot if/when a merger is completed here.
Have you spoken to him?
I hope so. I hope we get positive news before any proxy or st the very least the proxy is accompanied by a plan for shareholder value.
I've reached out to investor relations but haven't heard back yet. It's been a couple of days but I am sure he is swamped.
It looks like we will need news to move up and retest .10. Volume is slowing down from where it has been the past few days and CFGN is keeping the price bottled up.
What leads you to think we are getting a PR? They have historically released PRs prior to open. Thanks
Does anyone have John's email address?
Hopefully we get an EOD recovery. This chart will look ugly without it.
Does anyone know of the transfer agent was contacted today? If so, did we get an updated O/S? Thanks.
Hi jayw624, bids and asks are irrelevant after hours for pinksheets. Don't stress over it.
I agree. With this share structure we can be over .10 in a day with a good merger. I hope we see filings sooner than later. It looks like they have kept themselves current with the SoS in Nevada which is encouraging. $LBRG
Hi, Can you provide a link to the discussion of spinoffs? Thanks.
I do not see anything.
Good morning all. Hoping for an update soon.
Great day today. I thi k the market is closed Monday. If we get news Tiesday we could hit .10 in a flash.
Hopefully this is the beginning of a move toward > .10
I've been adding over the past couple of weeks. Great potential here but we need the selling to dry up.
Agreed. With this share structure any move can be explosive.
Agreed.
As I said a few weeks ago, I'm still here, there is just nothing to say and I have not been able to find anything new. The personal attack is not appreciated and uncalled for. I assure you, I am as frustrated as you are. All I have done is make educated guesses based on research and phone calls. I'm still in here holding my shares and believe we still have a good chance of a successful, outcome, albeit years later than I anticipated.
Still holding as well.
Looks like local planet is not the billion dollar company one poster was referencing. Still an interesting stock but it doesn't seem to have any near term catalyst.
Hi there. Can you tell me what the $2k challenge is which you offer for Platinum members? Thanks!
I guess so.
We likely the company being used to bring Leaf of Faith Beverage Inc. public.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142736085
Leaf of Faith Beverage, Inc.
If you do an advanced search on this link https://www.sos.ok.gov/corp/corpInquiryFind.aspx and search under the last name Frack, on page two you can see that James Frack created three entities on the same day, one of which is Leaf of Faith Beverage, Inc.
1912682653
VISION PLASMA SYSTEMS, INC. Domestic For Profit Business Corporation JAMES FRACK
CHICAGO IL
1912682949
LEAF OF FAITH BEVERAGE, INC. Domestic For Profit Business Corporation JAMES FRACK
CHICAGO IL
1912682950
VISION PLASMA MERGERSUB, INC. Domestic For Profit Business Corporation JACK FRACK
CHICAGO IL
My understanding is that James Frack has done reverse triangle mergers in Oklahoma before.
V Group Inc. has announced that they will be spinning off Leaf of Faith Beverage, Inc.
https://www.otcmarkets.com/stock/VGID/news/V-Group-Inc-12-is-the-Magic-Number?id=178172
“As stated in a press release dated August 24, 2017, V Group announced its intention to spin-off Leaf of Faith creating a separate Publicly Trading Company in which V Group shareholders will participate in the offering.”
“Leaf of Faith is the producer and marketer of Patience CBD Drinks. Patience CBD Drinks is poised to be a leader in the rapidly growing CBD market. Patience CBD is the first CBD Drink to incorporate CBD, vitamins and outstanding flavors to take advantage of the health benefits and to appeal to a larger and more mainstream market. Leaf of Faith will be launching THC Drinks as well as CBD and THC edibles into the Company’s distribution network in early 2018 as legislation becomes favorable. A full description of the revolutionary products can be reviewed by visiting www.patiencecbd.com.”
My guess is that they are using VLNX .
Some other interesting articles on Leaf of Faith.
“V Group, Inc. is extremely pleased with the work Leaf of Faith’s management and sales team has done promoting and selling the Company’s trend setting Patience CBD drinks. August and September will be exciting months for Patience CBD. Leaf of Faith will be featured and sold at industry events in cities such as Boston, Philadelphia and Pittsburgh. This will allow Patience CBD to reach new markets and generate new revenues. The Company has already been requested to appear at events in other locations such as Florida, Minnesota, Washington and the Caribbean. All events are attended by tens of thousands of people who are potential customers and potential shareholders”
https://www.otcmarkets.com/stock/VGID/news/V-Group-Inc-Announces-Stellar-360-Growth-in-2018-and-Updates-Business-Ventures?id=198235
https://www.otcmarkets.com/stock/VGID/news/V-Group-and-Fernhill-Breaking-Records?id=194048