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#1 bob's. could get some more eyes here quickly.
$EMPM MERGER FILING, $45K PAID OFF, REINSTATED:
WHAT DORMANT COMPANY RANDOMLY DECIDES TO PAY AROUND $50,000 OUT OF THE BLUE!?
FROM THE FORM 10 FILING:
https://ih.advfn.com/p.php?pid=nmona&article=77837825
Quote:
Judgment Payable
On April 3, 2014 the Company had a judgment assessed against them for $30,000. The judgment incurred interest at 10% per year. At November 30, 2017 and 2016, the balance on the judgment payable, including accrued interest, totaled $40,981 and 37,981, respectively. On May 22, 2018, the Company agreed to settle this judgment payable, including accrued interest, for $15,000.
SUBSEQUENT EVENTS
On May 22, 2018, the Company agreed to settle the $30,000 judgment payable assess on April 3, 2014, including accrued interest, for $15,000. See note 2 above.
Quote:
WE INTEND TO PURSUE THE ACQUISITION OF AN OPERATING BUSINESS
Our sole strategy is to acquire an operating business. Successful implementation of this strategy depends on our ability to identify a suitable acquisition candidate, acquire such company on acceptable terms and integrate its operations. In pursuing acquisition opportunities, we compete with other companies with similar strategies. Competition for acquisition targets may result in increased prices of acquisition targets and a diminished pool of companies available for acquisition. Acquisitions involve a number of other risks, including risks of acquiring undisclosed or undesired liabilities, acquired in-process technology, stock compensation expense, diversion of management attention, potential disputes with the seller of one or more acquired entities and possible failure to retain key acquired personnel. Any acquired entity or assets may not perform relative to our expectations. Our ability to meet these challenges has not been established.
Last month I tweeted that $EMPM paid its 6 year old judgement to me. Today, they had the corporation reinstated in Nevada. Expecting updated financials to be filed next week. New asset to be vended in soon after. Good luck and safe travels to all.
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) June 22, 2018
Nice just to be up on the BOB's. This thing is so ready to go. Can't wait to see when some serious eyes get on here
EMPM MERGER FILING, $45K PAID OFF, REINSTATED:
WHAT DORMANT COMPANY RANDOMLY DECIDES TO PAY AROUND $50,000 OUT OF THE BLUE!?
FROM THE FORM 10 FILING:
https://ih.advfn.com/p.php?pid=nmona&article=77837825
Quote:
Judgment Payable
On April 3, 2014 the Company had a judgment assessed against them for $30,000. The judgment incurred interest at 10% per year. At November 30, 2017 and 2016, the balance on the judgment payable, including accrued interest, totaled $40,981 and 37,981, respectively. On May 22, 2018, the Company agreed to settle this judgment payable, including accrued interest, for $15,000.
SUBSEQUENT EVENTS
On May 22, 2018, the Company agreed to settle the $30,000 judgment payable assess on April 3, 2014, including accrued interest, for $15,000. See note 2 above.
Quote:
WE INTEND TO PURSUE THE ACQUISITION OF AN OPERATING BUSINESS
Our sole strategy is to acquire an operating business. Successful implementation of this strategy depends on our ability to identify a suitable acquisition candidate, acquire such company on acceptable terms and integrate its operations. In pursuing acquisition opportunities, we compete with other companies with similar strategies. Competition for acquisition targets may result in increased prices of acquisition targets and a diminished pool of companies available for acquisition. Acquisitions involve a number of other risks, including risks of acquiring undisclosed or undesired liabilities, acquired in-process technology, stock compensation expense, diversion of management attention, potential disputes with the seller of one or more acquired entities and possible failure to retain key acquired personnel. Any acquired entity or assets may not perform relative to our expectations. Our ability to meet these challenges has not been established.
Last month I tweeted that $EMPM paid its 6 year old judgement to me. Today, they had the corporation reinstated in Nevada. Expecting updated financials to be filed next week. New asset to be vended in soon after. Good luck and safe travels to all.
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) June 22, 2018
That's the best time to get in. I grabbed a 50k share starter
Well either they plan on reporting and paying the fees or they plan on(or already have) a fast reverse merger option.
Previous statement said they planned on keeping up with SEC fillings if they could make the Form 10-12G happen
From the Form Filed on July 10, 2018:
https://ih.advfn.com/p.php?pid=nmona&article=77837825
Is it the transparency of the company about the notes being converted that is a scam?
Or the release of News that proven government contracts for millions of dollars has been signed?
Or just that they happened at the same time?
Since they updated, wonder if this means Notes are done??
Would be a nice climb next week if this is true. Probably a PR too if all is done converting.
We are almost at yesterdays volume. Meaning all the people that needed to churn out should have done so by now or soon be done.
Bottom of the gap was hit and filled. With the market closed and consolidation finished, this should continue upwards when the market re-opens.
So these guys are getting a bunch of government contracts!
https://www.accesswire.com/498195/Drone-USA-Awarded-340000-Contract-from-the-US-Navy
I'm sure more will come in the future as well.
EOD battle of the paint jobs, lol. .00089 for the win!
Don't feed the bears. LMAO
after all the hate/stress filled posts. this one made me laugh cause I know it will trigger a bunch of people!
Yes 2 seperate entities. That's what Angel said. The no connection was about ADTM not The Perfect Circle. Plus he legally can not say anything yet anyway
Let me explain since everyone keeps putting in their 2 cent without knowing what they are talking about.
ADTM is a publicly traded company
It will form The Perfect Circle with PlutusX
ADTM as "The Perfect Circle Inc." will 100% wholly own PlutusX
Everyone with me so far??
Now here is the good part that most of you are missing. "Consolidated Financial Statements"
https://www.investopedia.com/ask/answers/06/subsidiarycbsheet.asp
Subsidiaries and Combined Financials Statements
Subsidiaries also let a company keep certain business operations private and avoid disclosure under SEC requirements by keeping the subsidiary privately held. This is especially advantageous when a company is developing a new product.
Financial statements are prepared the same for the subsidiary as they are for the parent company. However, in addition, consolidated balance sheets are prepared. This is the combined financials statements of the parent company and all of its subsidiaries. The consolidated financial statements give a valuable overview of how well the entire corporation is being managed and are useful in valuing the company as a whole.
http://guides.ll.georgetown.edu/companyresearch/company-status
c. Subsidiaries
A subsidiary is a distinctly separate firm controlled by a parent company. A subsidiary is referred to as "wholly owned" when 100% of its stock is owned by its parent company. Large publicly held multi-national companies often own dozens of smaller privately owned subsidiaries for which financial information is filed under the name of the parent company. As a result, having knowledge of whether a private firm is a subsidiary of a public corporation is extremely important when looking for company information.
In other words Every dollar PlutusX makes will end up on ADTM's balance sheet!
Some people don't get it.
1. Price action
2. Volume
3. Use risk management that fits your tolerance and budget.
Nothing else matters.
OTC's trade on all sorts of things. Pumping, rumors, bashing, fake news, real news, tweets, chart patterns, volume plays, Skype teams, message board chatter...etc.
The bottom line is either you know how to trade and you're making money no matter what the circumstances because you use risk management and cut your losses quick and let the runners run. Or you lose money!
The original post being repied from was about News on the 20th.
That is what I am referring too. Where did John say there would be an ADTM update on the 20th?
Who promised news from John/ADTM?
Was sick, now doing better. Not sure how serious or long term it is. Maybe Angel takes over as CEO of The Perfect Circle for John if he can't continue.
No worries man, LOTS of people feeling that way on this one. I got in early with 3's and only holding 16mil so not a big deal for me. Glad to see you got executed.
did you get out this morning brotha?
Watch for a red to green move
My take...
FYI, John may have been sick. read the Comments on his partners pic.
https://www.facebook.com/photo.php?fbid=10214469732491381&set=a.2154178188293.2113561.1661600892&type=3&theater
Important to remember the white paper is a document the their legal team has cleared. This shows not only has PlutusX done an amazing amount of work putting in the time to create this, but it legitimizes what they are doing. You don't put this much effort into a White paper AND have it looked through by legal without already having your stuff together.... It's a big deal. Also a few things in there we didn't know about until now
Here are my final thoughts on ADTM and PlutusX. I know most have reported Angel saying they are 2 separate entities. I agree that they are separate. The part that makes whatever PlutusX does affect ADTM is that "Under the terms of the agreement, The Perfect Circle and PlutusX will form a separate subsidiary to be wholly-owned by The Perfect Circle that will focus on the development of a blockchain-enabled full-service banking platform that will include a number of new and innovative products that will include, but not be limited to, cryptocurrencies, insurance, credit cards, savings and loans and wealth management."
ADTM + PlutusX = The Perfect Circle
Only pieces left are getting current by ADTM
Sell off last of Dilutive share for LAM
Name and ticker change
Announcement of the Acquisition for the wholly-owned PlutusX under The Perfect Circle umbrella therefore making PlutusX's finances a part of "ADTM's" Market Cap!
Important things to understand:
https://www.investopedia.com/ask/answers/032615/what-difference-between-subsidiary-and-wholly-owned-subsidiary.asp
http://guides.ll.georgetown.edu/companyresearch/company-status
https://www.investopedia.com/ask/answers/06/subsidiarycbsheet.asp
https://www.investopedia.com/terms/c/consolidatedfinancialstatement.asp
11's falling
You are correct. This form D is for the first round of Authorized investors. $3m dollars will be raised off of round 1.
This Form D is for a specific purpose. Has no bearing on if they are or will be in a merger/acquisition/buyout...etc
Form D
https://www.sec.gov/Archives/edgar/data/1743903/000174390318000001/xslFormDX01/primary_doc.xml
2. Principal Place of Business and Contact Information
Name of Issuer
PLUTUSX, INC.
Street Address 1 Street Address 2
123 15TH STREET SW
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
ALBUQUERQUE NEW MEXICO 87104 323-859-5077
\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\
https://www.bernco.gov/treasurer/property-tax-search.aspx
OWNERSHIP DATA
PARCEL ID: 1 013 058 305 039 40702
OWNER 1: ACOSTA CARLOS & STRONG JOHN B
MAILING ADDRESS: 123 15TH ST SW
ALBUQUERQUE NM 87104
LOCATION ADDRESS
123 15TH ST SW 87104
LEGAL DESCRIPTION
* 002 001HUNING CASTLE
I can confirm the Bmd is telling the truth. I too am in their chat.
My question to you Bmd is, If you had a lawyer telling you that you face serious consequences if you talk about the deal being struck before it is legal and is publicly disclosed, and you have 150 people in your chat room asking you about ADTM, what would you do?
Until the deal is public it is not illegal to say that their is no deal and never will be. So again, what would you do?
Angel is doing what he has too to keep the peace and stay within the bounds of legality. John didn't post the news on iHub. He posted on real news wires.
Remember Angel can't say anything even if he wanted to... Try this, instead of asking him about what he can't talk about(ie, the deal), have him elaborate about what he is talking about. "Why is the deal not happening? What happen to it?" If the deal really is not happening then he can talk about how it went to crap. If he says that this is not and ADTM board then the deal is still on, and if he elaborates then the deal is off. Simple enough.
He's is basing this off the telegram chatroom info he's getting from Angel and the PlutusX guys. They are saying info on PlutusX updates and John being a Co-founder/Owner will be in writing as soon as today.
I think you're right on the money Bmd. IMHO John has nothing to do until he has legal clearance to do so. I know so many here, including myself wish we could hear anything from John to let us know he's not asleep behind the wheel. But anyone who has dealt with startups and growing businesses know it's about your business and not what it looks like on the outside. If they are really growing a CRYPTO BANK!!! from scratch. Then they are doing it right. The last thing they want to do is F@*k something up by opening their mouths. I know it's frustrating but anyone who really believes this is real should pray they don't open their mouths until the legal team says so. Or else risk loosing out on 1000's of percent gains from legal issues. Or worse they are fake and pumping it creating bag holders.
Pumping now does not mean you could have had more money. That's a short term holder mind set who does not care about the company and only wants to take there money and run. Bet most people here now will not be around in 24 or even 12 months from now. But somehow folks want them to break silence and make legal mistakes by doing things now for them to have more money now. So how is that better for the company?(rhetorical question)
Anyway, now I'm just ranting. You always seemed to be an objective poster on the board. So thanks for that and have fun being a millionaire "Soon" LOL
Should be fun next week. PlutusX team talking about getting legal authorization to release info and get things rolling faster.
Supposedly as soon as Friday this week if not next week.
That should lead to ADTM releasing PR's on the matter as well.
your sell showed up. It just shows as a buy since it happened on the ask and not the bid. Everytime someone buys there has to be a seller too and vice versa. The only way the market distinguishes between the buys and sells is... "did it happen on the bid or the ask?"
so not that it didn't show up they just marked it a buy since it was bought buy someone buying shares @6
John's around. My guess is legal has them all on a tight leash until things are cleared. considering all the politics involved in Crypto and MJ they probably have a ton of hoops to jump through and can't say anything about it.
Everyone always believes they know what should be happening or what a Owner/CEO should be doing or saying. Truth is if they knew that much about the process and what should be done they would have done it themselves and created a business and got rich that way.
John and Angel look like real people with real past histories that know how to get this thing off the ground. I'll let my money ride.
My Grandpa always used to say: Opinions are like @zzholes, Everyone has one and they are usually full of sh!t.
Well then we agree. Just making sure no one else had it backwards buddy.
The Perfect Circle and PlutusX will form a separate subsidiary to be wholly-owned by The Perfect Circle
https://globenewswire.com/news-release/2018/02/22/1379808/0/en/Adaptive-Medias-Partners-With-Crypto-Asset-Pioneer-to-Jointly-Launch-New-Banking-Platform.html
Like I said, unless the deal is undone...
Under the terms of the agreement, The Perfect Circle and PlutusX will form a separate subsidiary to be wholly-owned by The Perfect Circle that will focus on the development of a blockchain-enabled full-service banking platform that will include a number of new and innovative products that will include, but not be limited to, cryptocurrencies, insurance, credit cards, savings and loans and wealth management.
https://globenewswire.com/news-release/2018/02/22/1379808/0/en/Adaptive-Medias-Partners-With-Crypto-Asset-Pioneer-to-Jointly-Launch-New-Banking-Platform.html
Not 100% correct but a loophole being able to say they are a separate entity from "adtm". They are a subsidiary of Perfect circle, not adtm. Its like mt. Dew saying it's separate from Pepsi. Yes and no. Unless the partnership has been undone then they are seperate.
having been in several of his picks. His PT's are usually good, but his timelines are off. always takes longer than he says. He will always give dates and they get pushed out but his PT's are pretty good.
Hopefully you don't get caught with little or no shares when the chase begins! GL man
They are not doing a name change or any PR's until after the debt is clear. That means they are creating a whole new entity, in which the debt needs to be cleared out first. Those investment funds are for the new entity and (imo) not legally able to be applied to the current ADTM.
Plus as an investor I choose how my funds are used. John may not have the rights to use that $50M towards debt in accordinance with agreements with the investors.
Moving back up today. Big bid, small ask. Unless folk throw up a loading wall. But manipulation seems to not be a big deal lately.
No worries my man. You usually will not see me speak out except to correct stuff I think is wrong about someone's info or to defend others I feel have been unjustly commented upon negatively. And honestly I thought it was a shot at me and my "8's getting nibbled" comment. LOL. So I took it a little personal. Sorry brotha.