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We ran 200% with a small OTC update. This update is huge, I’m expecting 200% tomorrow at least! I’m holding long and strong $1+ by EOY. imo
EXACTLY! This is huge. They provide updates on Ameca’s Twitter. If they were not merging with STHC, they’d put it out as a normal press release. They are covering their ass by this release IMO!
Great Update! So many people were concerned they forgot all about us! They did not!
Making Southcorp current with the OTC is our primary objective, currently.
Sounds like he doesn’t know how otcmarkets works. It has their information on it!
This update is real! They are real .50+ Tuesday!
Oh I agree! They have more than Ameca Mining!!
This part is huge “ As well it will give an understanding of the business units within the AMECA Group, which may be suitable candidates for an acquisition by Southcorp.
Mining is only one element of Ameca’s business.”
The Ameca Group owns more than just mining! This is HUGE!!!!
Me too. Why would Ameca release it, if they weren’t involved?
Southcorp Capital, Inc. (STHC) Provides Shareholder Update
UPDATE JAN 17th 2021
These are clarifications surrounding speculative posts by third parties this past week ( referencing and cutting and pasting local newspaper reports, which have not been fact checked or reliably reported ).
The current facts are:
1. The Sri Lankan government announcement recently, reports of potential copper and gold in Seruwalia, relating to a property south of the AMECA claims (called block C ), which was explored some 50 years ago and is currently owned by the Sri Lankan government.
2. AMECA is unable to complete an NI 43-101 report on its Seruwalia property due to travel restrictions and covid related delays.
3. Southcorp has not updated its OTC platform, as of yet, and an RTO cannot proceed without such an internationally recognized report.
4. AMECA has no knowledge of other gold claims in Sri Lanka by professor Atula (as claimed in posts recently).
5. Southcorp is working towards a press release to clarify a possible path forward. As always, we act in the best interests of all shareholders. That press release will help in understanding the possible timing, going forward, and the milestones that will be needed to be achieved. As well it will give an understanding of the business units within the AMECA Group, which may be suitable candidates for an acquisition by Southcorp.
Mining is only one element of Ameca’s business.
1. Southcorp will never make statements about share values, as has been
recently claimed . Furthermore, we never make forward looking statements. Scientists examine the ore which Ameca drills and report on those facts, afterward. No value can be determined without substantive evidence, within an accredited report.
2. Making Southcorp current with the OTC is our primary objective, currently.
3. Southcorp intends to seek an acquisition candidate and such a transaction, may result in a reverse takeover of the Company.
Next release will be a fact check and explanation concerning the AMECA Group.
Safe Harbor
Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Southcorp
Capital, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Southcorp Capital, Inc is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company's ability identify a suitable business model for the corporation.
Southcorp Capital Contact:
Mark Bolster, Chief Executive Officer Email: markb@schatziexploration.com
That news is a good update! Stop being removed soon!
That’s huge! I’m hoping for a website update as well. This could hit $.50-$1 with the right update!
Welcome to ihub new poster. You are not getting my shares cheap!
STHC could hit .30 tomorrow!
.20 to .30s tomorrow
We haven’t seen new issuances yet. There is no way for them to issue new shares and sell them in the open market because they would be restricted for 1 year. Due to being a non reporting company, they can’t issue free trading shares. It would require a S1,S8,S11, 1/a registration statement for them to issue free trading shares which would take 3 months and we would see the filings.
I have an account at Centerpoint Securities and I could sell 5m shares on the ask and have it only show 10,000 shares.
This was taken directly from their website which is on OTCMarkets.com. Looks to me like the merger is going through.
“ Our focus is to create shareholder value while supporting local communities by creating commerce, infrastructural advancement, and downstream technological development of new age materials. We aspire to make a difference by finding transformational projects for regions lacking this dynamic, employing the industryâ??s highest standard ESG, and backing carbon friendly R&D to help the planet become greener.”
I plan on buying more shares on Tuesday! Sthc is ready to pop.
.20s tuesday.
STHC is just getting started!!
STHC is headed for another 200% gain Tuesday.
My sell orders are in too. For $1, and $5.
If robinhooders could trade STHC this would be at $1
This will gap up Tuesday morning and could see mid .20s. If their website is updated by Tuesday then it could be significantly higher. We need 100m share day to clear out the flippers from below .10. Once we get them out of the way then we will see this thing really start moving.
STHC is going to pop once the update happens, don’t miss out on this!
There is no doubt that this merger is going to take place. According to Synergy, Mark is the sole officer of STHC and he is the Majority shareholder. STHC is fully paid for by Mark. This is information received directly from Synergy.
I believe that Mark is being super cautious on what he is relaying to shareholders, which is why he isn’t responding to anyone. It’s just a matter of time before he starts updating OTC Markets and before he starts disclosing information to his shareholders.
STHC is currently a non reporting Otc company. They literally are 100% unregulated, hence the stop sign.
No there would not. The SEC wouldn’t let them file it anyhow.
STHC is not a fully reporting company, so there is no 8k material information filing requirements. They deregistered via a Form 15 on 9-7-16.
STHC has the potential to skip up on small volume. It went from .032 to .045 quickly. What do you think is going to happen once they start releasing news and updates.
Their first step is to update their information on Otcmarkets.com. They would do this prior to a name change or anything.
They would be absolutely dumb to do a RS. Anyone that knows anything about the stock market would advise against it. This stock is liquid, and it’s extremely volatile. That is exactly what is needed in fundraising paired with a good IR campaign. Say they dilute 5-10% a day, they could raise 5-10k a day easily out of this stock. If they released news, it’d be 5x that.
Thanks for your reply. It’s all speculation at this point. Once they start updating, the sky is the limit. It’s just holding for that long is the key. Is it being greedy if you are already up 100% and not selling. I just don’t want to get caught in a RS or any shenanigans like that. With all this liquidity, they would be dumb to do a RS IMO
I agree 100%. When you look at a company like TSNP and they did over $20m in volume today and they have billions in the float and are at .20. With $10m in buying in one day this thing could easily hit .50-$1.00. I was telling my friend about it, if the perfect storm happened where they updated OTC Markets, removed the stop sign, released news that the reverse merger happened, and released the geological report showing the $4b in graphite in the ground. This could literally skip up to $1.
I am hoping for #1 but expecting #4. I am ready for them to update OTCMarkets with at least Mark as CEO. That’ll ease some minds!
STHC Is gathering paperwork to become current
The stop sign will be removed when STHC does the following:
1. Uploads 2 years of Financials.
2. Uploads a legal opinion with respect to current information.
3. Pay the fees to OtcMarkets. $1000 New Application Fee, plus $5500 Annual Fee
However, all of this can be waived if the company files paperwork with the Sec to be come current with them. Such as a Form 10, S1, or Form 1/A. Which this process requires an audit, registration statement and legal opinion as well.
STHC seems to be ready to move!
.005 this week??
I really like how liquid this stock is becoming
Once Asher is done for good this thing should FLY imo