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No you won't, for a IPO a SEC prospectus would have to have been filed, investment branker chosen, road shows, etc. If there is a liquiditity event before Q1, it will be a spin out into another pink shell, but it won't happen before Q1.
There is a guy, Paul Strickland, involved with Tytan, per filings. Do a little DD pn him, he owns many pink shells, all end be pump and dumps. Honsestly, I don't think is smart enough to run a public, or even, a private company. Remeber when he finally agreed to go to a trade show? Then those oil filter boxes. I do think there will be a change of ownership upcoming, which should provide a nice pop, but then get out.
You know, I was a big Raging Bull poster and saw the demise, just as I am seeing it here. I followed Stocktwits, but don’t like it. Not sure where to go next
I haven’t look real closely at the filings, but it appears to me that only the 13 billion of warrants were converted to prefshares. The number of warrants is staggering, and must go back many years. I guess many of those warrants were under water, so gave them a profitable reset. I do agree with your statement, regarding not having enough A/s to handle the warrant exercise. That should have noted by the auditors.
No, they covert the pref to common, haven't see the conversion rate of 1 pref=how many common
I guess your name is Frank from what I can gather, 619 area code? Used to live in PB, La Jolla and Scripps ranch, where are u? Worked at 450 B Street
Thank you,
Again,if IIRC, the Failure blogged the distributor of the horse movie was going to provide a royalty advance that allowed payment of all judgments. Lmao
Very odd, i can't pull up any files for the SEC case vs schena, it just gives me an error. But I can pull files for other of his cases
IIRC principal photography begins this week on the Indian Movie. Not the one with the 3 A iist stars, but the one with academy award wining actors, of which were supposed to be announced last week
I think what he was suggesting: 1. Those warrants/shares that converted in pref's improved the balance sheet; 2. He stated they are free trading now; and 3. The pref's want to wait for a higher price to sell, but they could convert now into free trading shares.
I did also notice that he said one large holder has been a paid. He said "it's nice to get one large holder out of our hair"
Watched it too. Excellent Summary!
IIRC, the judge rejected the original motion for dismissal, but yes a amended complaint was recently filed
They tried to get it dismissed, the judge rejected the motion
can u provide link to interview?
Last court filing, order on Decentral's motion to dismiss 03/03/2024:
Full docket text for document 37:
ORDER This matter is before the Court on [36] Amended Complaint, filed on 3/4/2024. Pursuant to Fed. R. Civ. P. 15(a)(1)(B), a party may amend its pleading once as a matter of course no later than 21 days after service of a motion under Rule 12(b). Defendants' [27] Motion to Dismiss, seeking dismissal of Plaintiff's original Complaint under Rule 12(b)(6), was filed on 2/12/2024. Accordingly, Plaintiff's [36] Amended Complaint is ACCEPTED as filed pursuant to Fed. R. Civ. P. 15(a)(1)(B). In addition, "t is well established that an amended complaint supersedes the original complaint and renders the original complaint of no legal effect. Because the original complaint has been superseded and nullified, there is no longer a live dispute about the propriety or merit of the claims asserted therein; therefore, any motion to dismiss such claims is moot." Scott v. Buckner Co., 388 F.Supp.3d 1320, 1323-24 (D. Colo. 2019) (quotations and citations omitted) (collecting cases). Accordingly, Defendants' [27] Motion to Dismiss is DENIED WITHOUT PREJUDICE as MOOT in light of the Amended Complaint. SO ORDERED, by Magistrate Judge Scott T. Varholak on 3/5/2024. Text Only Entry(stvlc4, )
I appreciate your updates and passing info get on. But that makes no sense. The state's treasury dept. sends wire instructions to its bank and bank wires the fund. There is no language to work out with the bank
A check of website analytics firm Semrush shows MjLink to only have current traffic of approximately 1,400.
Happy hour 4-5pm Fridays, pm's are free. Then they offer extended periods during some holidays
When I was a banker in the old days, (1980's) wires would take time to clear, but they would clear. But in today's world. wires clear asap. Not a good excuse, but willing to see how this progresses.
BTW, claw backs are only related to BK, where the trustee can claw back any money paid out over the last 6 months
There is no bank chill on bank wire transfers. Recission periods in real estate transaction, but big and small companies send bank wires and it is almost immediate funds (hours if that). That is no excuse. Will be searching the WV website, the executed agreement should be posted as it is a public document.
You r right, Scottsdale is not cheap, but they will get the shares cleared and charge 7% trading fees on top of the few grand for clearing the shares. But their is no choice, there are only a few clearing firms for pinks.
What I-Bank(s) are helping the company with getting a rating for the Green Bond? What law firm is assisting with WV funding? When will the WV funding agreement be public? I am not doubting the WV funding, as I read the comments from WV politicians, in particular Justice, who I know my coal days.
If any of the two companies are going public before the quarter, it will a spin off to anothe pinksheet shell.
Is it fair to suggest, the tech does not work, otherwise they would be growing tons of shrimp? Don’t want to talk about A’s or anything else but what the heck is the company is doing to generate revenues
A possible delay is the auditors and trying to verify the dolby room
SMH at both of your posts. The change of a/s and par value could be one filing or it could be two filings. Doesn't make sense to do it in two filings, but is a possibility. The par value of a stock is set when they go public, the company can change it at anytime without SEC/Finra approval. You can verify that with Joe C., he is pretty open to questions
BTW, par value of the stock does not change unless the company submits a amendment to the SOS. No Finra/SEC involved. But in reality, par value of stock is meaningless, unless you are incorporated in state (e.g. Nevada) that charges your annual filing fee by number of share o/s and par value can't be below $0.001 for calculation purposes.
Wrong, the a/s reduction is a simple filing by the company to the secretary of state. SEC/Finra have nothing to do with it. But it is up to the company to notify the Transfer agent of the reductions and send the sec of state filing amendment.
Given the material information of 2/2 blog, shouldn’t that been 8K’d?
OTCMARKETS does not update the business description, the Company does, same with the profile
Thank you!
Any chance of posting the full deposition? I see it is $32 to download. Would never invest in MONI but enjoy scandals
Jury trial 4/15 @ 9:30am cst
From Todays filing:
02/28/2022 President MARK A SCHENA 11672 Dawson Drive, Los Altos Hills, CA, 94022, USA
02/28/2022 Secretary MARK A SCHENA 11672 Dawson Drive, Los Altos Hills, CA, 94024, USA
02/28/2022 Treasurer MARK A SCHENA 11672 Dawson Drive, Los Altos Hills, CA, 94024, USA
02/28/2022 Director TODD J MARTINSKY 11672 Dawson Drive, Los Altos Hills, CA, 94024, USA
Compnay office:
Address:N/AMailing Address:N/A
The Failure previously used this excuse before at least once before, if not more