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We will have to wait for the bell but it looks really good.
Thanks to a Tweet. It gives an idea of what will happen with official announcements about a name change, a new management team, acquisitions, more share reductions, new phone number, etc... Parabolic is right when he says we can expect a x10 IMO
All of this makes sense. Let's see how it goes. I would add that many shareholders are not selling so less shares available for future buyers. This last Tweet might means that big announcement is close.
Good to see WOGI green today and I wouldn't mind to see a $0,5 on first acquisition and another x10 on second acquisition.
BOOOOOM!
$WOGI - In keeping with its commitments to shareholders WOGI has canceled 140,000 Class B Preferred Shares. New Management Announcement coming soon.
— World Oil Group (@WorldOilGroup) May 19, 2021
The man spent the last three years cleaning the company.
WOGi became current, all convertible debt are eliminated, no toxic debts, no reverse split, financials are all posted, two acquisitions planed, 2.12 billion shares cancelled, authorized shares down to 1 billion from 5 billion. Oh and more reductions and name change coming.
Give him some time :)
Great reading. I dislike what you call "pacifier" tweets as well. I see so many CEO/companies using their Twitter account to post sh*t or even arguing with investors. This is not how business should be done. If you have nothing new to say, then don't say nothing. Get your things done and then communicate.
So if Claudio Aballay needs more time to have things done, I'll give some time. So far he did everything he said he would and I see no reasons why he would stop after 3 years spent cleaning WOGI.
Form 10-Q Off Line International, Inc was posted yesterday. I still don't see how Off Line may fit in BSPI. My opinion is some Off Line products might be acquired by White Knight but that's it. There must be a different business than just a social app based on Bluetooth.
https://sec.report/Document/0001599916-21-000091/#offline_q121.htm
There is already a link.
Agreed. Clarifications about this share transition, then name change, then new businesses, then acquisition will wake WOGI up. Great things coming IMO, we just need to be patient and hold.
Ok so this is MEGA HUGE!
According to this filing Next Meats Co., Ltd (the company) Koichi Ishizuka, Ryo Shirai, Hideyuki Sasaki and White Knight Co., a Company owned and controlled by Mr. Ishizuka.. owns and controls 487,352,298 shares of restricted common stock representing 97.47% of our common stock issued and outstanding.
This means that Koichi Ishizuka, both as an individual and with his company White Knight Co. (potential future merge for BSPI) owns a big part of NXMH (let's say 40% if we consider as a group they (individuals and companies) own the same amount of shares). How HUGE is that?
Ryo Shirai is Chief Executive Officer and Director, Hideyuki Sasaki is Chief Operating Officer and Director, Koichi Ishizuka is Chief Financial Officer
Paytience is needed
We know almost nothing. It's all speculation.
Now that you say that last time I was in a festival I was probably using 3G (I am getting old...). They certainly improved their app to make it easier to use.
Have you ever been in a festival (with thousands and thousands of people) looking for your friends?
I hope so.
About Off-Line :
Currently, we operate through our wholly owned subsidiary, OFF Line Japan Co., Ltd., “OFF Line Japan”, which is engaged in providing telecommunication products and services in Japan, particularly, the following:
- SNS system called “AirTalk”
- AI Camera Service
- Beacon Business
- Kidnapping Prevention Device named “KID”
- Drone Management System Development
AirTalk
AirTalk is a social networking service (mobile application) with anonymous online/offline chat, having an Instagram-like functionality allowing users to post photos on maps, and the ability to post short messages as on Twitter. The most current version was released in December 2020. As we continue to develop AirTalk we plan to add more language options as we expand our reach globally. AirTalk was originally developed and released by OFF Line Co., Ltd., and the networking service has more than 20,000 users.
On December 1, 2019 OFF Line Co., Ltd. gifted the source code and rights to the program “AirTalk” to our wholly owned subsidiary, OFF Line Japan. OFF Line Co., Ltd. is controlled by our sole officer and director, Koichi Ishizuka.
After taking possession of the source code and rights to the program “AirTalk” we subsequently began to fix numerous bugs that we had discovered throughout the program. As of December 2020, all currently identified bugs have been fixed.
AirTalk’s unique feature is its offline chat function, which allows users to chat with each other even when they are unable to use the internet, using Bluetooth Low Energy (BLE) and Wi-Fi at a radius of 120 meters. Once users exceed a radius of 120 meters, offline chat will automatically switch over to online (internet-based) chat.
Another feature of AirTalk is its GPS Crossed Paths functionality. Users will set their Crossed Paths distance to any distance between 100 m and 2 km of their device. When another user enters this range (ex: 100 m), the user will receive a notification to their AirTalk app that they have crossed paths with that other user. As of today, this feature only works when the user is online, but during the process of ongoing development we intend to convert this feature to Bluetooth.
Features
- Communicate without an active internet or data connection – great for people on limited data plans, when traveling, or if there’s no internet connectivity in the area.
- Integrated profile builder.
- Send and receive messages with anybody using AirTalk in a 100 m radius.
- TWe will be able to share AirTalk user messages simultaneously via the local map and Twitter.
Current status
The most current version of AirTalk was released in December 2020; however, due to COVID-19, we have not commenced any marketing activity. We are going to work on marketing AirTalk as soon as COVID-19’s impact has decreased.
On January 1, 2020, OFF Line Japan Co., Ltd entered into an agreement with Ueda Tsusho Ltd to administer “AirTalk”, and to provide further development and maintenance of “AirTalk” and the Company’s other various software and hardware it may have, such as the Company’s AI system, all to be further developed on an ongoing need be basis. OFF Line Japan Co., Ltd shall compensate Ueda Tsusho Ltd in the amount of JPY 40,000 (approximately $380) per day; in this case a “day” will be defined as a calendar day during which services have been rendered. The total amount of days will be totaled and accordingly invoiced by Ueda Tsusho Ltd. to the Company at the end of the month, and the Company will be responsible for remitting full payment the following month. Any additional services not covered by the agreement shall receive compensation determined on a case by case basis. The term of the agreement shall be from January 1, 2020 until December 31, 2020, with automatic (unless terminated) extension for additional year long periods. On January 1, 2021 the agreement was automatically renewed for another twelve month period.
We have not yet determined a definitive plan as to how we will monetize AirTalk but we have tentative plans to monetize the mobile application in the future by adding “in app” advertisements from third parties that we would be compensated for by “pay per click”, or for each placement of each advertisement. We do not intend to solidify any monetization plans until the user base of AirTalk has increased and the impact of COVID-19 has decreased.
AI Camera Service
Our AI camera service uses AI facial recognition to distinguish between and identify human faces. We initially plan to release this service to institutions with the purpose of preventing the wandering of individuals suffering from dementia. In Japan, approximately 8.5 million people suffer from mild cognitive impairment (MCI), and incidents continue to occur in which such individuals wander away from care facilities and die or go missing.
With our AI camera service, photographs are taken of the faces of residents at care facilities and stored in the cloud. AI cameras, currently we specifically use the DeepLens created by Amazon, are placed in facility entrances, and when a relevant individual attempts to leave, the AI camera identifies this person and dispatches a notification to the supervisor of the facility such as by email or using a siren. This allows facility staff to stop the individual from leaving. The launch of this service initially targeted care facilities; however, there are a variety of different potential applications.
Features
AI camera is a system that uses face recognition technology to prevent wandering and prevent unauthorized outings from medical institutions. To date, we have been pairing our AI camera service with Amazon's AWS DeepLens, a camera which can be used in multiple focal planes. This service is for “wander prevention” purposes, and it has the capability to detect “people who are, and are not, wearing surgical masks”, outsiders entering a “restricted area”, and in general allows for the detection of men, women, animals, etc. AI Camera Service’s settings will allow it to detect individuals whose faces are stored in the data server and/or individuals whose features are not stored in the data server, and alerts can be sent out depending upon the user’s settings and preferences.
Face recognition detects the movement of a target person who may be wandering about when going out of the entrance / exit of the facility, and alerts the facility staff with a warning sound or a detection alert. In addition, by utilizing the mobile notification function, it is possible to know the wandering behavior of the target person trying to go out in real time even if there is no facility staff or manager nearby, so quick response and information sharing are possible.
Current status
Currently, AI camera service’s host system is being further developed and improved by Ueda Tsusho Co., Ltd. We do not, at this time, have a definitive date for when this will be concluded or this camera system will be brought to market, although we are tentatively anticipating a potential May 2021 release date.
On January 1, 2020, OFF Line Japan Co., Ltd entered into an agreement with Ueda Tsusho Ltd to administer “AirTalk”, and to provide further development and maintenance of “AirTalk” and the Company’s other various software and hardware it may have, such as the Company’s AI system, all to be further developed on an ongoing need be basis. OFF Line Japan Co., Ltd shall compensate Ueda Tsusho Ltd in the amount of JPY 40,000 (approximately $380) per day; in this case a “day” will be defined as a calendar day during which services have been rendered. The total amount of days will be totaled and accordingly invoiced by Ueda Tsusho Ltd. to the Company at the end of the month, and the Company will be responsible for remitting full payment the following month. Any additional services not covered by the agreement shall receive compensation determined on a case by case basis. The term of the agreement shall be from January 1, 2020 until December 31, 2020, with automatic (unless terminated) extension for additional year long periods. On January 1, 2021 the agreement was automatically renewed for another twelve month period.
Beacon Business
Over the past two years we have sold “beacon devices” that broadcast over a diameter of 900 m while using Bluetooth Low Energy (BLE) 4.0. Because this signal can be received using a smartphone, it can be used to look after children and the elderly. It can also be used for the protection of objects, and therefore to retrieve lost or dropped property.
In the future, we plan to develop services for the protection of building materials. For example, beacons may be used on the construction site of a ten-story building, with detectors installed on each floor. Workers on-site can then use smartphones to identify what building materials have been placed on which floor and where. We expect to debut this building material service in the second half of 2021, but this estimate has been arbitrarily determined and may be amended as operations progress.
Currently, OFF Line Co., Ltd. has an existing inventory of Beacons available for sale. Manufacturing of Beacons is conducted by an unrelated third party. We purchase inventory from OFF Line Co., Ltd, on a need be basis without any formal agreement, who in turn purchases their inventory from Betz Technik Industries, Ltd on a need be basis, and with no formal agreement. We plan to continue to purchase beacons from OFF Line Co., Ltd. and sell them to nursing homes. It should be noted that OFF Line Co., Ltd. is also owned and controlled by our sole officer and director, Koichi Ishizuka.
Drone Management System Development and Entrusted System Development
The current newest Bluetooth standard is BLE 5.0. OFF Line is currently in the process of developing a new drone identification system using this Bluetooth 5.0 standard. By placing BLE 5.0 on a GPS chip, signals can be broadcast to a clear-air distance of around 3.5 km. This technology is currently under development; however, we have been able to transmit a drone’s location information up to a radius of 3.5 km using a BLE 5.0 chip mounted on that drone, detect this signal using a smartphone, and indicate the drone’s location on Google Maps.
As of today, throughout the world drones lack any kind of “registration plate” system. Accordingly, it is impossible to distinguish between drones performing legitimate tasks, such as surveying, and drones being used to take privacy-invading photos and video. OFF Line, in anticipation of the establishment of laws applying to drones in the future, will equip drones with BLE 5.0 beacons and register the purpose of drone flights on servers. We intend to develop a system by which ordinary people can recognize drones in flight with their smartphones to find out what company is flying those drones and for what purpose.
The Japanese Ministry of Economy, Trade, and Industry and Ministry of Land, Infrastructure, Transport, and Tourism, with whom our officer has met, have already inquired as to the feasibility of this system, and OFF Line plans to complete development within the year. Once the system is complete, we are considering contacting not only authorities within Japan but US states as well to ascertain their interest in its adoption.
As of the date of this report, development on the drone management system remains ongoing. We anticipate that we will need, at minimum, an additional three months to complete development, although this timeline has been arbitrarily determined and may need to be extended.
According to the filings BSPI (Paul Moody, President and Secretary) issued 500,000,000 shares of common stock and 200,000,000 shares of preferred stock (of these, 1,000,000 shares of Preferred Stock are designated as Series A Preferred Stock).
Flint Consulting Services LLC (Jeffrey DeNunzio, Sole Member) owns 405,516,868 shares of Common Stock and 1,000,000 shares of Series A Preferred Stock.
White Knight Co., Ltd. is buying Flint Consulting Services LLC so Koichi Ishisuka owns 405,516,868 shares of Common Stock (81% of all common stock) and 1,000,000 shares of Series A Preferred Stock (100% of all Series A Preferred Stock = 93.70% voting control of BSPI).
So there are 94,483,132 common shares available (most in our hands), 0 Preferred Stock Series A shares and I don't know about the remaining 199,000,000 shares of preferred stock (in BSPI hands?).
Now, according to the same document :
- Form 8-K to be filed with the Commission for change in control within 4 business days from acquisition of control shares including, but not limited to, resignation and appointment of new directors and officers. (this one is already out link)
- Schedule 13 D to be filed with the Commission within 10 days from acquisition of control shares. (this one is already out link)
- Schedule 14 F1 to be filed with the Commission within 10 days from change in director(s). (this one is already out link)
- Form 3 to be filed within 10 days on behalf of new director directly or indirectly holding shares of the Company. (these are out too link & link)
- Introduction to BSPI’s PCAOB auditor, BF Borgers CPA, P.C.
So we should have more filings this week.
Jokes aside. I can't wait to hear from Cláudio. I have no idea how much time does it tzkes for a name/symbol change but this will bebthe cherry on the cake. Then acquisitions, more cherries. Then more share reductions, more cherries.
I like that he doesn't go into Tweets all the time with BS and things he eventually won't do.
I understand. Holding a stock when the CEO is doing everything right but can't put the right number is not for all.
Same! Cláudio can do everything right just like he said he would but a typo on top of a wrong phone number is just too much.
Oh well...
Let's hope there are no typos in their next tweets.
It needs strong hands to hold a stock when someone else's number is on someone else's documents.
I am here to see where it's headed. I am patient and am not selling. These Denunzio/Moody custos are some the safest plays on OTC.
A few big buys and this will fly. MM can do what they want without volume. I am even surprised to see WOGI holding so strong. Remember OtC was a bloodbath on the last days
Cláudio if you read it, tweet something and give us an update. We want to know where the xompany is headed and see our baby moving up.
Yup! There are few documents filed by Jeffrey Denunzio can be found, mostly for Asian companies. One or more of these companies might be for custos. At this point nothing confirmed of course, all assumptions and DD.
Probably yes, it wouldn't make any sense to dilute after all the efforts Cláudio put to reduce the SS. Let them play, they'll regret soon IMO. What we need now is a communication from Cláudio today or tomorrow to take WOGI to another level.
500 000 Prefered A Shares are noted in every single recent filing :
- Disclosure Statement For The Year Ended December 31, 2020. > page 10
- Disclosure Statement For The Year Ended December 31, 2019. > page 10
- Supplemental Information-Disclosure Statement For The Year Ended December 31, 2019 > page 10
- Supplemental Information - Disclosure Statement For The Year Ended December 31, 2020 > page 10
- Supplemental Information-Disclosure Statement For The Year Ended December 31, 2019 > page 10
Attorney actually review anything? Well, ask the attorney. What I see noted in these last filings is everything Claudio said in his last tweets :
- No debts
- 2,120,000,000 shares cancelled (Nathan Hall's common shares as noted in previous filins) > leaves 833,262,060 common shares ;
- Authorized shares down to 1 billion ;
- 140 000 preferred B shares retires and returned to treasury;
- 500 000 preffered A shares (more Nathan Hall's shares) in the process of transitioning from the old to new mgmt team ;
- New management team TBA ;
- Holding company pursing acquisitions in Fintech and Gold industries.
Share reductions confirmed, see note 5 of this document https://sec.report/otc/financial-report/282691
They also retired 140 000 preferred shares and transitionning another 500 000 to the new management.
Fintech and gold acquisitions plan in the report as well.
Boom!
Me too of course but remember they spent the last years working on it and they announced both name and ticker change like a week ago. Who was expecting this? As Parabolic said, these things take time. Everyone is free to leave the boat if they don't feel it. I stay because I have a good feeling, I might be wrong or I might be right. Only time will tell.
Maybe because except the homepage WOGI's website is not updated so all informations there are old and inaccurate?
Exactly, it doesn't make sense :) They might acquire companies using existing shares though which, if restricted, would increase value to the company by reducing the number of shares available.
Now imagine if they have partnerships with car manufacturers to add this coat in their painting lines.
My feeling is that a lot of new traders started playing on OTCM after GME. Most are here for quick profits, not for long term, so custo plays are not a thing for them. They bought shares, sold on news like they have been told and that's it. Today is a red day but more investors will have an opportunity to buy shares at a great price. These won't sell so soon so the price will come back to where it was.
I was hoping for an update today. His last tweet was exactly one week ago.
All I see is red today.
Can't find any information on this company. Could be Off-Line entering US exchange under a different name.
Kohichi Ishizuka is
- CFO at Next Meats Co
- CEO at Photozou Holdings (https://www.photozouhd.com/)
- CEO at Off-Line (https://off-line.co.jp/en)
Mr. Koichi Ishizuka, age 49, attended the University of Aoyama Gakuin where he received his MBA in 2004. Several years later in 2011 he graduated from the Advanced Management Program at Harvard School of Business. Following Mr. Ishizuka’s formal education, he took a position as the head of marketing with Thomson Reuters, a mass media and information firm. Thereafter, he served as the CEO of Xinhua Finance Japan in 2006, Fate Corporation in 2008, and LCA Holdings., Ltd in 2009. Currently, Mr. Ishizuka serves as the Chief Executive Officer of OFF Line Co., Ltd., Photozou Co., Ltd., Photozou Holdings, Inc., Photozou Koukoku Co., Ltd., Off Line International, Inc. and OFF Line Japan Co., Ltd. He has held the position of CEO with OFF Line Co., Ltd. since 2013, Photozou Co., Ltd since 2016, Photozou Holdings, Inc since 2017, Photozou Koukoku Co., Ltd. since 2017, Off Line International, Inc. since 2019 and OFF Line Japan Co., Ltd. since 2018. On November 18, 2020, he was appointed as Chief Financial Officer of Next Meats Holdings, Inc., a position he still holds today.
Merger says final company is White Knight. NXMH and PTZH are already trading on OTCM so it leaves Off-Line. It can be, or not, the same company under a different name or a totally different company.