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Go IFUS.
It's not what you eat, it's what you absorb. 10 pounds of supreme gold plus on the floor of the bathroom for a previous IFUS shareholder should absorb all liquid contacts from high pressure diarrhea and extreme vomit projectile liquids for 19.5 hours based on the latest clinical studies. Corn and beans primarily stick to the walls and are not factored into the absorption parameters. Where is old Joe? That drunk dude still alive?? Always liked him.
I have repented from my evil ways and my last post was the truth. I feel good about things.
I see the IFUS PPS is still way up on the chart. My apologies to Marc for wanting to have a position on the board of directors at IFUS without discussing it with him first. But I wanted to restructure IFUS in regards to their facility. I wanted to add on a cry room so that the investor relations department would have somewhere to send the ones that sold. MOOOOOOOOO. Go IFUS. Could they put the supreme gold plus on the floor of the cry room to absorb tears of those that sold IFUS? And I had differences with Marc on the approach to this. I would have put out a PR about the IR department and using the supreme gold plus on the floor. I was told not many SEC lawyers would back that corporate action. But this kinda thing is funny. Look at that chart people and tell me who was wrong about IFUS? Congrats to the longs and to all others, we have a math question. How many pounds of supreme gold to catch the tears of 1 week of relentless crying per 200 pounds of previous IFUS shareholder over them selling IFUS stock years ago?? Y=X + .34 - Y * 5,000,000,000 + Z. Yeee Haaaaaa. Humans produce 20 gallons of tears per year crying about selling IFUS. 300 previous shareholders in the cry room for a few years = 6,000 gallons of tears. How much supreme gold plus to absorb 6,000 gallons of crying?
If I could write a book it would be titled - "It's just too much fun being me". Give me an estimate on the attendance number of people that will SOON come crawling back to the show acting like they still care. Maybe acting like they didn't come out of the closet or curse us? But we know they did both!!!!
Yea. I get bored and start deploying an army of bluetooth whoopee cushions at those kinda things. But here is what kills me. I just came up with that idea. Do they even make a bluetooth one? I do come up with some ideas!!! Always said, I wanted to be a CEO. I looked at buying another ticker years ago. What ticker should I use to market bluetooth whoopee cushions? How about FART? OMG. Is that symbol taken?
During holidays - work, business, or even talking on the phone is not allowed by many that participate in recognizing those days. Restricted activities include all forms of vehicular travel, writing, direct use of electrical devices, measurements and any preparations for, or discussion of, normal weekday activities or responsibilities. The use of phones, computers, email, etc. is prohibited.
Full-day restrictions against eating and drinking. Also against washing, anointing, marital relations and wearing leather shoes.
Restrictions end approximately one hour after sundown of the last day. No travel or restricted activities are permitted until then.
Yea, many of them close the offices for those holidays.
Good Afternoon. MCIC getting a little volume today. Last minute tickets before market makers stack up the bids. OTC Markets current info could happen anytime.
Atty current letter will fix that.
I think removing the shell risk should allow most brokerages to place buy orders. That was a huge issue because of that rule 211change a few years back. There was always at least 5 to 7 market makers on the bids/asks years back. It had good volume and a tight float back in the day. Watch how fast this goes back up when most firms and market makers are back on it!!!!! Right now, this is completely off the radar. If any crew had front loaded, they would have run with it last Friday and all weekend long. This is going to get interesting because we are going to see buying pressure. Price is going up.
Anything to help D. Burgess............ Why would he/she/pronoun_thing/alien/WTF-EVER- still stalk the crew of a shell that is no longer a risk? Answer that MCIC question and win the prize. Not that anyone cares. Go MCIC - prove that divorce court has a purpose when it comes to these kinda things. Actually, no one cares. But you gotta love the approach.
Biggest day in over a decade. Only a few good guys left but we know WTF happened today. This was HUGE.
I suspect they know more than we do. OTC Markets is very particular about removing the shell risk flag. Ben had this inventory on the books a while. I suspect OTC Markets was informed by one of the lawyers about something that we do not know about. Yet.............. Most pinks release news on shell risk removal!!! It's a big thing and it takes a serious change for them to do this. Stay tuned.
Now that the shell risk flag is removed, it should go back to normal quotation and all brokerage firms should be able to buy. It could also take the Atty Letter on being current but that is easy to do. I said it will hold silver on just those actions. This will be interesting to watch. I got my #2 pencil out and I made a note to put $MCIC on my watch list :)
Got be something!!!!! They don't just drop the shell risk without something like a big change in the finances.
WOW. Poof. Shell risk badge gone and trading goes back to normal soon. That is a hell of a thing.
Used my #2 pencil - It is very clear that they will have to show substantial revenue, merger, or something of value to remove the shell risk flag. The material change would also be needed for an attorney to write and opinion letter that is not a shell. They are still spending money filing, subscription and legal fees for "something". Odds = 84.67% that they get the MCIC train back on the track to the moon!!!!!!!!!!!!!!!
OTC MARKETS COMPLIANCE ANALYTICS – RISK SCORING ALGORITHM
The OTC Compliance Analytics product provides broker-dealers and investment managers with a comprehensive, quantitative tool for evaluating and automating risk processes for OTCQX, OTCQB and Pink securities. Each security is given a numerical risk score on a 0-55 point scale. This document outlines how point values are assigned.
Risk Factors
Points Assigned
• IF Current Caveat Emptor = Y then +5
• IF Former Caveat Emptor = Y then +3
Caveat Emptor
Marketplace
• IF Market = Pink No Information or Expert Market then +2
• IF Market = Grey Market AND Security Type = Common Stock then +2
• IF Security Status <> Active then +2
• IF Former Suspended/Revoked Status Flag = Y then + 2
Security Status
• IF Shell status = Y then +3
• IF Former Shell status = Y then +2
Shell
• IF Penny Stock Exempt = N then +3
Penny Stock
• IF Bankrupt = Y then +2
Bankruptcy
• IF Delinquent in reporting obligations = Y then +2
Delinquency
• IF Reverse Split in past year then +1
• IF Most Recent Split factor is <.1 then +2
• IF Multiple Reverse Split value = Y then +1
Reverse Splits
• IF Name Change within past year then +1
• IF More than 1 name change in past 2 years = Y then +1
• IF More than 2 name changes in past 5 years = Y then +1
Name Changes
Market Cap
• IF Market Cap value < 300 MM then +3
• IF Market Cap value > 300 MM and < 400 MM then +2
• IF Market Cap value > 400 MM and < 500 MM then +1
• IF value cannot be calculated then +1
• IF Last Sale < .01 then +3
• IF Last Sale > .01 and < 1.00 then +2
• IF Last Sale > 1.00 and < 5.00 then +1
• IF Last Sale is null then +1
Price
7/2020 1 Version 4.0
OTC MARKETS COMPLIANCE ANALYTICS – RISK SCORING ALGORITHM
• IF Price Change Value > |10%| then +1
• IF Price Change Value > |20%| then +1
• IF Price Change Value > |30%| then +1
• IF Price Change Value = Null then +.5
Price Change
Volume Change
• IF Volume Change Value > 10% then +1
• IF Volume Change Value > 20% then +1
• IF Volume Change Value > 30% then +1
• IF Volume Change Value = Null then +.5
Trade Count Change
• IF Trade Count Change Value > 10% then +1
• IF Trade Count Change Value > 20% then +1
• IF Trade Count Change Value > 30% then +1
• IF Trade Count Change Value = Null then +.5
Shares Out Change
• IF Shares Out Change Value > |5%| then +1
• IF Shares Out Change Value > |10%| then +1
• IF Shares Out Change Value > |20%| then +1
• IF Shares Out Change Value = Null then +.5
Authorized Shares Change
• IF Authorized Shares Change Value > |15%| then +1
• IF Authorized Shares Change Value > |25%| then +1
• IF Authorized Shares Change Value > |50%| then +1
• IF Authorized Shares Change Value = Null then +.5
Promotion
• IF Active Promotion Value = Y then +4
• IF Active Promotion Value = N and Most Recent Promotion Date > Current Date – 6 months then +3
• IF Active Promotion Value = N and (Most Recent Promotion Date > Current Date – 1 Year and < Current Date – 6 Months) then +2
• IF Active Promotion Value = N and Most Recent Promotion Date < Current Date – 1 Year then +1
• IF Shell Risk Flag Value = Y then +2
• IF Shell Risk Flag Value = U and Reporting Standard value <> (International
Reporting or Bank/Thrift Reporting or Insurance Reporting) then +1
• IF Former Shell Risk Flag Value = Y then +1
Shell Risk
• IF Hot Sector Flag value = Y then +2
Hot Sector
• IF Former Hot Sector Flag value = Y then +1
https://www.otcmarkets.com/files/OTC%20Markets%20Compliance%20Analytics%20Algorithm%20-v4.0.pdf
Let's break it down. This is from another legal website. An opportunity to provide evidence to OTC Markets to request shell risk removal? There are no guidelines on how these guys at OTC Markets pick what dudes they want to go out on a date with. It's weird. Company claims not to be a shell but OTC Markets gets to put a risk flag on it. This is different than the ongoing “shell risk” designation that a company may periodically see on its quote page. As part of its ongoing review of companies, OTC Markets may designate a company with a shell risk flag, where it believes, in its sole and absolute discretion that a company displays characteristics common to shell companies. The designation does not indicate that a company has labeled itself as a shell (that would instead be a firm shell flag not a “shell risk”). The shell risk review includes evaluating asset composition, operational expenditures, and income related metrics. When a company receives a shell risk flag, it has the opportunity to provide evidence, including material changes in financial condition in publicly reported financial statements, to OTC Markets to request the removal of the flag.
The legal junk is confusing. Does shell risk lose piggy back exception for quotation? Dropping shell risk is not outlined as well as dropping shell status.
However, the “shell risk” designation that occasionally appears on a company’s quote page is different. As part of its ongoing review, OTC Markets may label a company with a shell risk flag, indicating a potential risk of shell company characteristics. The designation does not necessarily mean that the company has self-identified as a shell (that would result in a firm shell flag, not a “shell risk” one). The shell risk review evaluates factors like asset composition, operational expenditures, and income-related metrics. When a company receives a shell risk flag, in order to successfully regain the piggyback exception, the onus is on the company to prove that they are no longer a shell company and meet the criteria required by OTC Markets or a broker-dealer. Of course, this means the company must take necessary actions to move beyond their shell status, such as merging with a company that's fully operational or initiating their own business operations.
In the event that a shell company loses piggyback eligibility, they would need a new 15c2-11 review to be undertaken by either a broker-dealer or OTC Markets under the initial quotation standards when they cease being a shell company. OTC Markets will only carry out a 211 current information review for a company that applies to the OTCQB or OTCQX tier of trading on OTC Markets.
In today's regulatory environment, with the need to adhere to increasingly stringent disclosure requirements, a target company should really only contemplate going public through a reverse merger with a public shell company if it meets the requirements for trading on the OTCQB or OTCQX tiers of OTC Markets. This includes the obligation to obtain audited financial statements.
In summary, the updated 15c2-11 rules bring significant changes for companies and securities, especially in the case of shell companies on the OTC Markets. Understanding the details of these changes and knowing how to navigate them effectively is crucial for broker-dealers, investors, and companies alike. As always, legal and regulatory advice should be sought when in doubt. The impact of these changes will continue to unfold, and we'll keep you updated with new developments and insights.
https://www.lucbro.com/news/blogs/detail/9794/decoding-the-211-regulations-and-shell-companies-a-legal
I could be wrong but Ben would not have wasted the time or money on this stuff recently if he didn't have a plan. It was one of those moments when Ben could just say screw it and walk away if it's a lost cause. All the year end crap and another new lawyer? It bleeds 60K a year just reporting nothing with all the expenses of being public. And OTC Markets at their sole discretion gets to label it a shell risk until..... There was something in that rule change about they would look at removing it after a year end? I need to pull that up and read back over it.
Yea. I heard the story and I had the same thing happen. Dog ate my homework. :)
I agree. I also think that he will show the revenue 1stQ this year because why else would he have spent the money filing year end stuff last week? He must have some kinda of plan or else he would just say "screw it and not waste anymore time or money on it". We have seen many other pinks face that kinda death in the past few years. They can just stop filing and not renew OTC Markets subscription and stuff. That's the end of them. MCIC is not dead yet!!!! Ben is still in the game.
"DO YOU BELIEVE THIS",.. Thanks for asking....... I believe it's going to 2.00. :) Friedman just randomly loans money to a company for no reason. UMMMMMM OK.
The last filing had color pictures of their product and stuff. Not see in previous filings......
Ben is still working........... Stay tuned. Last filing and new lawyer = signs of life.
We are 5 business days away from what that happened 2 years ago? Atty letter..... $MCIC IS OFFICIALLY ON EXTREME WATCH. New layers hired to do nothing???? Doubt it. Last letter was - -
PUBLISH DATE TITLE PERIOD END DATE STATUS
11/10/2023 Quarterly Report - Quarterly Report 09/30/2023 A
08/04/2023 Quarterly Report - Quarterly Report 03/31/2023 A
08/04/2023 Annual Report - Annual Report 12/31/2022 A
08/04/2023 Quarterly Report - Quarterly Report 06/30/2023 A
05/11/2023 Quarterly Report - Quarterly Report 03/31/2023 A
05/11/2023 Quarterly Report - Quarterly Report 03/31/2023 A
02/06/2023 Supplemental Information - Supplemental Information 12/31/2022 A
02/03/2023 Supplemental Information - Supplemental Information 12/31/2022 A
01/30/2023 Annual Report - Annual Report 12/31/2022 A
01/30/2023 Annual Report - Annual Report 12/31/2022 A
11/07/2022 Quarterly Report - Quarterly Report 09/30/2022 A
11/07/2022 Quarterly Report - Quarterly Report 09/30/2022 A
11/07/2022 Quarterly Report - Quarterly Report 09/30/2022 A
08/24/2022 Semi-Annual Report - Semi-Annual Report 06/30/2022 A
08/12/2022 Semi-Annual Report - Semi-Annual Report 06/30/2022 A
08/12/2022 Semi-Annual Report - Semi-Annual Report 06/30/2022 A
05/03/2022 Quarterly Report - Quarterly Report 03/31/2022 A
05/03/2022 Quarterly Report - Quarterly Report 03/31/2022 A
03/30/2022 Attorney Letter with Respect to Current Information - Attorney Letter with Respect to Current Information
Morning MCIC float updated as of last month on OTC Markets. Unchanged in YEARS. Nice.
$MCIC - On watch. Nice to see a few small updates.
$MCIC - Sleeping giant about to roll out after hibernation? Should have had plenty of beauty sleep? On watch.............
The answer - According to research, one hour of 8K amounts to 7.29 TB, which is 121.5 GB per minute for raw 8K footage. A five-minute video of Raw 8K footage would require 607.5 GB. LANEASSIST????? It's the same lawyer that may link the compression tech? Maybe AI needs more time? When did computer processors start crunching data rates 1/6 the speed of light. I have used chatbots and tested their AI. They are kinda slow and worried about the next election. MCIC owning the TM for LANEASSIST has my interest because of a few connections. And a vehicle with AI processing video at 8K is a hell of a thing. Compressing it could be the key to making it work. LANEASSIST. Same lawyer behind both companies it's just a random thing? Maybe...... But let's roll the tape back. Ben woke up one morning and said "I am taking out a random named TM on "LANEASSIST" and hiring an expensive lawyer for no reason. I don't buy that. Last news was on the AIWATCH. Could AIWATCH and LANEASSIST be related with video compression? Attorney is right there with both companies.
It's not cheap. Hourly - Discounted hourly with a split - $850 an hour reduced to $350 with $550 per hour worked. Well over 5 million bucks on the line in Surfside Beach but that is a random guess on what MCIC's lawyer could be doing for the LANEASSIST tech. It could be a different client but if LANEASSIST involves AI looking at video? BAAAAM. Any thoughts on what Adam is doing to help with the AIWATCH? Not like MCIC said anything about LANEASSIST. But we connect the dots. That would be multiple publicly traded companies if they connect and LANEASSIST gets the tech... that's worth a hell of a lot more than 5 million. 8K video processing is how many GB per hour for AI to look at? 8K video compression to keep a vehicle in a lane and we can't watch a football game in that quality on my side of town. AI does not charge by the hour. But the same attorney does and it's just an example. Wait, he works for both??? I hope that I have confused everyone. But it's certainly in Surfside S.C. The computer severs are in Canada. That spices things up.
It's trivia time and this one is a grand slam. Ben hired one of the best attorneys money can buy. And MCIC's security counsel is in Nevada. Representing another Nevada entity involved in the technology that could certainly benefit MCIC in regards to the trademark for LANEASSIST. But here is the fun part. The entity is actually located in Surfside Beach, SC 29575. I could post the entire address and a lot more info but.................. I found this on a Google search and I need to do a little more research on what's up in Surfside. Have a good night.