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Still behind on their filings? Shocker.
They're good TA's. I wish all companies used them. They let us know how fast the company is diluting.
Served with Doo-Doo Juice? A lot of food references today. 🤣
The transfer agent was told how many shares to move into the market, so they have the data already. The company has no way of pushing shares into the market without a licensed transfer agent. How they move the shares out usually depends upon the number of shares that need to move. Sometimes a wholesaler is used, sometimes an intermediate broker-dealer.
As of last filing, the agent was- Empire Stock Transfer Inc. (composed of many different employees, each of them assigned to many different companies).
The transfer agent handles the OS updates, not the company. My guess is the TA is really anal and likes to keep things up-to-date.
Smells like something, but it ain't reverse merger. 💩
What reverse merger? I do admire your spirit, but so far all I have seen is dilution from share conversion for the debt-holders.
I'm pretty clueless myself about what the hell is going on with this company.
Two updates in one day? Never seen that before.
OS Updated to 61,714,230 1/30/2024
Restricted 13,921 1/30/2024
Was -
OS 56,130,897 1/24/2024
Restricted 13,921 1/22/2024
Dilution time again. OTCN moved their bid back down, and now they are on the ask.
At least there was news when the Titanic sank. Still no news from this garbage company!
Still no quarterly filing? What is going on with this company?
Please ask him if you will-
What would the share structure of the (re)-formed COHO be? Would existing shareholders get a 1-for-1 swap of the shares they own, or would they be converted to some new fraction or multiple to reflect a new share structure?
Our one year anniversary !... Of the last time this company put out news. Sigh.
A countdown till I've lost 99% of my money on this?
Yummy 3's. Eat em up! Breakfast of champions!
Nibbling on 2's today. Looking good.
Yes. Hopefully we get a run here.
Slowly nibbling on those 3's! Looking good!
100% chance the old shareholders got screwed on the RS.
The dilution is from share conversions from the debt holders (Canouse Et al.). There is no indication they are using if for acquisitions, but then again we have no idea what they are doing unless they put out news.
A 52.4% change then. Great.
Yes. At the OS we are at (which is still pretty tiny for an OTC), it's just a paper-cut.
Sorry, its a 29.7% change, as that would be 16,512,500 shares. Pretty close, since OS is 56,130,897 1/19/2024, and original OS after RS was 39,418,397 12/21/23
(16,712,500 shares is the real difference without rounding).
A 22.2% increase is a bit more than a "slight increase in share count since the RS".
He has excuses for everything.
It started coming back up.... I think we hit $0.04 and I was excited... And then they started diluting. Down then drain we went.
Next week he'll say- "I'm working on it". Berman is full of crap.
Is Canouse entitled to a fixed number of shares per month for conversion, or a fixed dollar amount? If it is a certain number of shares, it would behoove him to get Fair to start putting out PRs to get the price up, so his monthly conversions make more money for him.
Did the number of shares owed to the debt holders scale accordingly with the reverse split? If not, then perhaps this is normal conversion rate for them, but it was not as noticeable when the OS was much higher.
Maybe they put out news after this filing? That would be sweet.
This next quarterly filing will tell us if they are doing something useful with the money made from dilution, or if its just debt holders converting.
That's one way to spin it. The company has almost 50 Billion shares of reserve ammo is the way I see it.
OS increased to 56,130,897 1/19/2024
Restricted shares 13,921 1/19/2024
Was-
OS 51,880,897 01/17/2024
Restricted 13,921 01/17/2024
So, now he'll put out a PR? This one does tend to spike about every three years, and next month is that time.
They need to acquire some morals and tell the shareholders what they are doing rather than screwing us daily!
I would love that. But LOL... I'll believe it when I see it. $1 would be pretty sweet. Honestly though, I do have my sell order set at $2 just as a placeholder.
Back to no bid for this scam.
And a delayed filing notification... Again.