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We don't know a ton yet about the new company. What we see with the info so far is that it is a functioning business. That moves it to the head of the OTC class. They had enough cash to buy out Tad's 100,000 preferreds plus about $3.6 million for the commons. That is a pretty good down payment. And there is the note here about registering as an import/export operation. There seems to be something bid coming and if you are smart you will get ahead of that.
Your stupidity is amazing. Can you even read? The float is unchanged and will stay that way for a long time. That is what is called RESTRICTED SHARES. How can you even operate a keyboard to post here and not understand that? You need to invest in savings accounts.
I wouldn't worry about those shares. The Chinese have a long term attitude about the market, those shares won't come off for a long time. With the normal float of 8.2B, .005 is a no brainer if there is a real business in Taiwan. TXTM and others have gone over a penny with this float.
This one is a done deal, unlike the others. We have a company in here, and as before, the SP will sit in the 5-6 range until what this is all about is disclosed.
MSG, a couple of us have been holding down the fort here for you, lol. This is now a Caren Currier play so hold on to your knickers and wait for .005.
It appears to be a real business coming in. And Caren Currier is a big hitter in the OTC merger game.
You said it yourself, he is a brick wall. But he seems to be a stand up guy, which is why a core of us has stuck this out all this time. We will find out in time what is up.
Anybody think Tad is trying to tell us a big deal is coming? He had to know peeps were going to see that share increase. But he may be constrained to say anything while this deal is in progress. And I am convinced that he won't announce a deal this time until it is 100% done. So his silence since the increase could be because of that, but he leaked out a hint with the share increase. Maybe?
According to the SEC, a company has to issue an 8k within 4 days of a reportable event. I would think that a 5x increase in the SS would be a reportable event.
Interesting no buys considering something is up finally here. Nor can you buy 1's from peeps selling the new SS. And very little selling on the new monster SS.
TXTM hit over a penny, I think maybe as high as .017. Something big is afoot here, you dont add that many restricted shares to sit there and do nothing.
Something else occurred to me. Maybe Tad is going to borrow a s**t ton of money for an acquisition and needs shares for conversions down the road.
Again you don't lose the value of your shares in a R/S. If you had $1000 in your account before the R/S, I guarantee you have $1000 after the R/S. Which SS would you rather have with your $1000, 80 million shares out or 8B out?
I continue to think that an R/S now works best. It can't affect the SP because we are already at Trip1. And makes the shell better for a new company. Who cares about the SS, it is your account balance that is important.
I get the part about Tad selling the company with the control shares. What I dont get is the 36B shares added to the SS. The new company already has control of the company with Tad's control shares, doesnt need the new shares to do that. Even though they are restricted, they will come off eventually. And what company wants a SS of 44B in this OTC market? If no R/S, what are they doing? Merging with Microsoft, lol?
The problem is that unless he shows the market some value here, those shares won't be bought by anybody. While they may have a value of $3.6 million on paper, he would have to be able to sell them to benefit from them. I can't make sense of what he is doing.
That is what we are trying to figure out. Good or bad, something is finally happening.
Tad is a Pro in the OTC, and knows the rules better than anyone. We have to take the hints we see, and try to figure out what he is up to. First it is clear to me he is trying to acquire something, rather than sell the control shares. Next, he is setting up shop in Seattle, which is big in tech and pot. His last merge was pot with AMMJ, plus I think he is on the board of another one. So maybe that is where we are headed.
BTW, that address in Seattle is a Post Office. Even more curious now.
I agree. That new structure was just placed yesterday on the OTCM site. Pretty crazy SS, at least something is happening. Looks like Tad moved his office to Seattle, for what reason is unknown. No retail buying can account for 36B shares, so they have to be sitting there for a reason. Maybe we will soon find out. IMO, there is a merger coming, as those shares are in place to give to someone.
What an idiot......Some peeps deserve the beating they take on this stock.
Who gives a crap about the share structure? It is Nate's lies that make this a trip stock.
He is well known on other boards. He is not an investor in anything.
He will keep it up until we do his work for him.
US Patent Number 11,854,080
What gets me is how peeps here bought that fuel deal it the first place. Try using a little common sense when you see a CEO pump something like that. The guy has ZERO experience in jet fuel, no staff, $26k maybe in the bank, and has lied multiple times about business he has.
That is exactly why you should put him on ignore.
Papa, potassium citrate pills will stop all your kidney stones. Used to get them every year, started pills in 2017 and not one since.
The first boot off my board is Mooninfant. Have a nice life, Dude. When I don't respond, it is because I don't see any more of the nonsense it posts.
You are going to be the first boot from my board. When I don't respond to you from now on, it is because I don't see the nonsense you are posting. Have a nice life.
Thanks Papa, nice to meet you. First let me help you with idiots on a board. If they contribute nothing but repetitive bashing using the same topic, ignore button. I can read them once and get what they are saying. Do it multiple times, and you are gone from my board. I cant tell you how much your board improves after some housecleaning. Let idiots talk to themselves, not us. No one on this board can influence the price of Shiba, so their posts are worthless. You and others can add info to help our investment, why not just read those? I dont have an issue with critics, as long as they behave like the rest of us.
FYI, Monday 3/25 the final act of this stupid play occurred. Both Dierdre and the inventors finally gave up suing each other. Order issued by Williams, and that is that. Going forward it is crypto, and frontloading dirt cheap OTC's. Can't totally ignore patent plays, so I jumped on the BEGI patents to see if they can rule blockchain trading and corporate auditing. Maybe if I get rich in crypto, I will spend a few grand and haul Billy in front of the Chancery court in DE to explain his actions against us.
Well, the evil empire won against the inventors...so sad.
Thought we would have seen something by now, but there havent been many worthwhile mergers lately. I think he is still looking for the right one. He isnt getting any younger and I am sure he wants to sell the control shares soon. Gotta wait it out, not much else to invest in around here.
Papa, making my first crypto Roth IRA purchase after fighting the OTC wars since forever. Picked Shiba as my toe in the water in crypto. Am I wrong?
I think he has already passed the level of lies to bring a CE from the OTCM.
I can help you ignore charts. News, stock goes up. No news, stock goes down.
Do you prefer to be lied to your face, or by release?
Good day for all us losers, lol.
Concise, yet elegant.