Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What was the originating balance of converts, specifically relating to this approved financial structuring? Thanks in advance!
Thanks for sharing your perspective. Most Interesting situation here. We'll just have to wait it out, and continue speculating as we gather more information.
Here in southern WI we've had non stop mid to upper 80's for many days. Where are you with 68*, Looking forward to a break from the heat here.
Not trying to bash, just wanted clarification on how this substantial increase in O/S in a relatively short period of time, is viewed by others. And by the way, I'm invested here.
Oops, that was meant to be a new posting to board...sorry that I accidentally sent to you as reply.
This is from recent annual report:
Outstanding Shares
The number of shares outstanding of our Common Stock was:
27,637,498 as of December 31, 2023 (Current Reporting Period Date or More Recent Date)
27,637,498 as of December 31, 2022 (Most Recent Completed Fiscal Year End)
And now it's....
SINC Security Details
Share Structure
Market Cap Market Cap
1,154,623
09/19/2024
Authorized Shares
2,900,000,000
09/16/2024
Outstanding Shares
1,154,623,250
09/16/2024
Restricted
898,527,368
09/16/2024
Unrestricted
256,095,882
09/16/2024
Just seeing this break above .002 again would be a long time coming, welcome improvement!
This is what needs to happen here, and soon.....https://www.otcmarkets.com/stock/AXXA/news/Exxe-Group-Board-of-Directors-Authorizes-and-Approves-Common-Share-Repurchase-Plan?id=417813
Positive updates to look forward to here, it's just a matter of what day before we reach Oct 31st, will they be released to the public?!
ZHUD is the one! I have a diversified portfolio, and this one just keeps looking better than anything else I've been fortunate enough to stumble upon in a long time! So glad I found it, and so glad I grabbed up a bunch early on. Have been picking up more when opportunity arises. Let's see how this plays out, I'm way overdue for a positive change, how bout you?! $ZHUD
I agree, It's a struggle for most under current administration.
Just a couple links here to check out. If someone posted this I missed it.
Anyway this looks to be the Co, Automated Water Solutions, AWS that's taking over ZHUD.
https://automatedwatersolutions.com/
https://www.linkedin.com/in/w-kyle-lewis-50096431
And as up listing is one of the goals here, and with the lean share structure / low float...should be no reason to even consider an RS, which means much better chance of running the SP to much higher levels organically, providing phenomenal share holder values! Should get exciting next few weeks, with anticipated increases in SP each week, as we get closer to Oct 31st. If it even takes that long?! $ZHUD
So are you saying no commissions, not even $6 or $7 dollars? Wow!
Good to know. Thanks!
Hey, thanks for the reply. What I find strange is Schwab shows commission at $6.95 until you place the trade, then applies/charges $50? I was in E-Trade many years ago, I think I'll check it out again. Thank you!
Looks like board was quieter than normal yesterday. According to recent posts by CEO, we should expect some good news within next few weeks. Looking forward to announcement of increased revenues!
I noticed $50 commissions charged, on 2 of my trades yesterday, w/Schwab. It was actually charged on other stocks I happened to be trading yesterday? wtf is going on?! I've looked and not sure yet what my be a better option for OTC trading platform. Doe's anyone have suggestions. Is Etrade OTC friendly?
I was kind of expecting a bit more volume yesterday. That's okay, we know what to expect for next week!
Grabbed up more! Let's hope for record breaking volume, and get the chats excited over the weekend!
Yes! And almost four years ago, we would have been looking forward to a much brighter future than today. We were happy, hopeful and optimistic, and that's what drives the Markets! $ZHUD
Yes, we need Trump now more than ever!
Interesting post.
I agree with you. Contemplating values based on having no idea what the merger will bring to ZHUD, just doesn't make sense at this time. And your point of small float, and overall perfect financial structure ensures an increase in SP from here, regardless of what unfolds anytime now. $ZHUD
Interesting, We have news! Would like to have seen revenue projections, and maybe more details forecasting anticipated future orders.
What is so truly amazing is, we see the obvious as we have common sense, and yet others are oblivious to what is really going on. What's it going to take to wake up the woke?! Good to hear from you, let's keep spreading the word. The master debate should be interesting to say the least. lol
There's not as much excitement with trading stocks these days. We had much better times, back before the swamp kicked out our leader. Hope we get smart, and do the right thing in November. We desperately need to get back the leadership we once had, to make the necessary changes that we all desperately need. Hope it's not too late! GLTA $SINC
Repost of Recent News:
Sincerity Applied Materials Holdings Corp. (OTC: SINC) Updates on Debt Conversions, Share Structure, and Business Strategy
Press Release | 08/29/2024
August 29, 2024
OTC Disclosure & News Service
Buffalo, WY —
This release includes additional documents. Select the link(s) below to view.
290808 SINC News release.pdf
Sincerity Applied Materials Holdings Corp. (OTC: SINC), a leading innovator in advanced materials, today provided a comprehensive update on recent developments, addressing shareholder inquiries related to debt conversions, authorized share increases, and future business plans.
Status of Debt Conversions
As disclosed in our latest quarterly filing, SINC has made significant progress in reducing its debt. As of August 29th, 2024, the remaining balances are as follows:
USD 76,500 from One44 Capital
USD 2,390.25 from 1800 DIAGONAL LENDING, LLC
USD 85,107.33 from 1800 DIAGONAL LENDING, LLC
This marks a substantial reduction, with one-third of the original debt already converted.
Increase in Authorized Shares to 2.9 Billion
In response to concerns raised by shareholders, SINC confirms that the authorized shares have been increased to 2.9 billion as of August 21st, 2024. This increase was necessary to fulfill anti-dilutive contractual obligations related to our recent Australian and US acquisitions, ensuring that the original shareholders and management team of Agroshield maintain an aggregate holding of 42.26%.
While the increase in authorized shares might raise concerns about potential dilution, it is essential to note that the company's stock price will ultimately reflect its strong fundamentals. Our focus remains on core business activities, innovation, and transparency with our investors. With a unified management team, we are confident that uplisting to NASDAQ or NYSE is within reach.
Future Financing and Convertible Notes
As SINC moves into 2024, we are proud to report that the company is now cash flow positive. We are raising funds for our new Quantum glass giga factory and expanding our operations in the US without the need for floorless convertible notes. The convertible notes that have contributed to the decline in share price are minimal compared to the intrinsic value of the company. Refinancing these notes with convertible preferred shares would have offered no significant advantage. Instead, we are focused on building a strong fundamental business, which has been evident since Q4 2023.
Thanks. On a side note, lol... let's hope SINC puts out some amazing news next week, and catapults this upward to .01 and more!
Expecting this deal will be truly phenomenal, looking forward to announcement any day now!
I'm just sitting here trying to recall this without digging thru your posts. I think I followed you not only for your support here with SINC, but aren't you also the one that occasionally posts messages showing support to "Proven Great Leaders of the Country, and other Fellow American Patriots"?! Thank you!
Based on past dates of released news...We should be due for next update right about now!
https://www.otcmarkets.com/stock/SINC/news
Hey Orca how you doin, haven't see you around much lately. I'm sticking around until the end, or the beginning. And why not, I've got nothing much to loose at this point, just hoping for a positive spin here one day.
Yep. Anyway just saying AXXA has more revenues, and not much difference in A/S, O/S. The rest is getting worked on. $AXXA
Check this out, Closed today at $.275! The potential is here.
Financials look similar....Share structure is close....AXXA is actually right here, and right now!
You'll see the comparison is not that far off.
https://www.otcmarkets.com/stock/ELTP/security
https://www.otcmarkets.com/stock/ELTP/financials
Just saying, anything is possible, right!
Yes, I agree with this post. Maybe we should just take this update for what it is? Looks to me like Zhuding is disclosing information, and in doing so being transparent with investors, just reporting what they know as they know?! That's all this is. Let's just be glad the quite period is over, right?!
I kind of feel the same way. Why not hang in there and see how it plays out, what would one have to loose at this point anyway?!
So I'm just asking this of investors that might be more finely tuned into details of anticipated future events, etc...What can we expect for next catalyst with BLEG, and when might this happen? Could there be a report coming soon with updates of increased revenues on the horizon? What should we be looking forward here that might contribute to giving a boost in getting this SP to a higher level? TIA to any/all that may have thoughts to share.
I see good volume, with closing green today. I'll take it as a positive.