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Sleepy giant here. TAM is huge, tech is game changing and they hold the patents that could make them one if not the only game in town.
I was in this one LONG before I knew who Mike was so he has no impact on my decision(s). I made my own bed with this and it looks like that unless Terry(Hi Terry as I know you read this) can find a buyer this may turn into a CUSIP # soon. I quit talking to Terry several months ago as it seemed like a moot point, maybe one of the others that have been in touch with him has a different opinion.
I think this one may be DOA, hope I'm wrong but it does not look good.
Indeed. Wonder what the acquisition price/structure was.
interesting.......I think. I can't see any Level 2 action and nothing showing up with time & sales but another 12,743,928 changed hands today. Why????
It's either an accredited US investor or someone in another country. Highest volume days in a year. It will be great if something is up.
so someone made a $10,000 mistake? In the grand scheme of things 10k is not that much but someone thought picking up 53m shares has some value. If it can get to 0.0003 that same person can sell, assuming there's a buyer and make 5K. I've tried that before on another ticker, still waiting for it to work.🤔
I have not read all the filings but if the uplist claim was last July stock was at 0.52 at the time and the only way to uplist would have been 1:10 R/S.
I see they just released news about a new business unit.
I
Mr or Mrs Scoobey - I swore off OTC's especially ones with an F at the end but this caught my attention. Very tough to research these as there is so little regulatory info available. Please tell me why I should keep researching this one.
AI is the next .com and AI's application in medicine and pharma will be a game changer.
Lantern Pharma Inc., a clinical stage biotechnology company, focuses on artificial intelligence, machine learning, and genomic data to streamline the drug development process. It develops LP-100 for treatment in combination with the class of anticancer agent known as PARP inhibitors. The company also develops LP-300 as a combination therapy for never-smokers with non-small cell lung cancer adenocarcinoma; and LP-284, a novel small molecule and DNA damaging agent for the treatment of mantle cell lymphoma and double hit lymphoma. In addition, it offers LP-184, an alkylating agent that damages DNA in cancer cells that overexpress certain biomarkers or that harbor mutations in DNA repair pathways. Further, the company operates ADC program, an antibody drug conjugate therapeutic approach for cancer treatment. Additionally, the company's artificial intelligence platform RADR uses big data analytics and machine learning for combining molecular data. The company was incorporated in 2013 and is headquartered in Dallas, Texas.
A couple points that were brought to my attention:
1. I know myself and a few others have been encouraging Terry to say something so this is appreciated, however, should this have been issued through Edgar as required by the SEC?
2, Is the news that PMPG is working with 2 exciting companies material news worthy of an 8K and if so who are these companies? Perhaps he did not issue through Edgar so he did not have to name the companies.
I am like most here and I want PMPG to come back to life and want it to have a viable product that can result in positive financials. However, its been a LONG time of nothing and if Terry really had something I think we would have known by now.
Their only option is to do a R/S or move to OTC and 1:20 makes the options work that are exercisable this month.
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
As previously reported, On July 10, 2023, Gaxos.ai Inc. (formerly, The NFT Gaming Company, Inc.) (the “Company”) received written notice (the “Notice”) from the , the Nasdaq Listing Qualifications Staff (the “Staff”) of the Nasdaq Stock Market, LLC (“Nasdaq”) indicating that the bid price for the Company’s common stock (the “Common Stock”), for the last 30 consecutive business days, had closed below the minimum $1.00 per share and, as a result, the Company is not in compliance with the $1.00 minimum bid price requirement for the continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2). The Company was provided an initial period of 180 calendar days, or until January 8, 2024 to regain compliance.
On January 9, 2024, the Staff notified the Company that it has not regained compliance with Listing Rule 5550(a)(2) and is not eligible for a second 180 day period because the Company does not comply with the minimum stockholders’ equity initial listing requirement for The Nasdaq Capital Market (the “Delisting Determination”). Further, unless the Company requests an appeal of the Delisting Determination to a Hearings Panel (the “Panel”), the Company’s securities will be scheduled for delisting from the Nasdaq Capital Market and will be suspended at the opening of business on January 18, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on the Nasdaq Stock Market. The Company intends to submit a hearing request prior to this date which will stay the suspension of the Company’s securities and the filing of the Form 25-NSE pending the Panel’s decision. The Company intends to submit a plan to the Panel that includes a discussion of the events that it believes will enable it to regain compliance in this time frame and a commitment to effect a reverse stock split, if necessary.
This Current Report on Form 8-K contains forward-looking statements, including, but not limited to, statements regarding the Company’s ability to regain compliance with the minimum bid price requirement, the Company’s intentions to actively monitor closing bid price of its Common Stock and the Company’s plans to consider implementing available options to regain compliance with the minimum bid price requirement. The Company’s actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, including the risk that the Company may not meet the minimum bid price requirement during any compliance period or in the future, the risk that the Company may not otherwise meet the requirements for continued listing under the Nasdaq Listing Rules, the risk that Nasdaq may not grant the Company relief from delisting if necessary, the risk that the Company may not ultimately meet applicable Nasdaq requirements if any such relief is necessary, among other risks and uncertainties. A further description of the risks and uncertainties relating to the business of the Company is contained in the Company’s most recent Annual Report on Form 10-K, as may be amended or supplemented from time to time by the Company’s Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company undertakes no duty or obligation to update any forward-looking statements contained in this Current Report on Form 8-K as a result of new information, future events or changes in its expectations.
Item 5.07 Submission of Matters to a Vote of Security Holders.
On February 28, 2024, Gaxos.ai Inc. (the “Company”) held a special meeting of shareholders, (the “Special Meeting”). Shareholders of record at the close of business on January 12, 2024 (the “Record Date”) were entitled to notice of and one vote for each share of common stock held by such shareholder. On the Record Date, there were 11,860,417 shares of common stock issued and outstanding, of which 5,676,292 shares of common stock were represented at the Special Meeting, or approximately 47.86% of the total outstanding shares of common stock on the Record Date, which was sufficient to constitute a quorum pursuant to the Company’s Bylaws, as amended, and to transact business.
Set forth below are the final voting results for each of the proposals:
Proposal No. 1 – At the Special Meeting, the shareholders approved granting discretionary authority to the Company’s Board of Directors to amend the Company’s Certificate of Incorporation to effect one or more consolidations of the Company’s issued and outstanding shares of common stock, pursuant to which the shares of common stock would be combined and reclassified into one share of common stock at a ratio within the range from 1-for-2 up to 1-for-20 (the “Reverse Stock Split”), provided that, (i) that the Company shall not effect Reverse Stock Splits that, in the aggregate, exceeds 1-for-20, and (ii) any Reverse Stock Split is completed no later than the first anniversary of the record date of the Special Meeting, or February 28, 2025.
The voting results were as follows:
Votes For Votes Against Abstentions
5,625,190 43,434 7,667
It is in their filings, just go read them.
1. Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.
Can this run with SOUN? I realize they offer very different tech but all AI's seem to be moving. Biggest question is what was the CSuite selling recently? Researching.
So an R/S vote Wednesday. Guess the only question is how big do they make it. With options exercisable at $4.15 on March 6 and delisting inevitable it seems like 1:10 gets them what they need.
Not into mining stocks so what can this get to on only discovery news as production is at least 10 years away?
https://www.spglobal.com/marketintelligence/en/news-insights/research/discovery-to-production-averages-15-7-years-for-127-mines
Just discovered this today via piece in Tuesday WSJ. I'll spend time today researching. First stop was finding location on Google Earth. Have read a few things from company management and next stop is recent filings. Interesting that is being presented as one of the worlds largest finds for a couple of Rare Earths and at 0.28 its got my interest..
I see Ubers posts but only when I do not login, regardless PMPG is a lot of things and most not real good but it is not a scam.Its a company run by someone that may be like Joe Biden, aka a nice older gentleman that doesn't have what it takes to get this trading, Hope Terry figures it out.
Soon. I have reason to believe soon but I have had reason to believe that in the past only for it to not happen lets see if 2024 is different.
So they entered into an agreement with Project Nickel LLC and I have not read the entire filing so maybe it is clarified within but here is Project Nickel:
PROJECT NICKEL, LLC was established on May 14 2020 as a domestic limited liability company type registered at 4746 MODEL CITY ROAD MODEL CITY, The county for this new york company is NIAGARA. and the current entity status is Inactive.
Project Nickel, Llc's dissolution date is Oct 26 2022 and it had been operating for 2 years 5 months, and 12 days since its establishment until dissolution.
I had no issues with Schwab.
Terry - as I think you check this every now and then, how about an investor update. You can do it without violating any SEC rules and regulations. Just post an open letter to the stockholders on the website giving us something, anything on the status of the company. Create a PMPG account on X and and say something as you can do it within the confines of the law. There hasn't been a post here in 3 weeks so I guess everyone has given up and who can blame them. Ball is in your court dude.
Excellent point.
Got it, thanks. I knew about the R/S but noticed it up the last few days and thought maybe I missed something.
I have owned this forever and kind of gave up on it but I see something is happening, could someone fill me in and maybe a link so I can get myself up to speed.
Thanks again and now I have something to listen to on my ride home today.
I’m not familiar with them but I will check them out. Thanks.
Thanks and reasonable thoughts.
It didn't. Not dissing it, just an observation.
Someone just texted me on this one so I checked ihub to see if anyone was talking about it and just curious if you saw this coming?
I'm still here and still adding a bit at a time. I realize no one is seeing this but just keeping the board alive.
Same here, this seems like a freebie at less than 10.
500, I see it now.
Not paying attention to this one but glad to see I'm up almost 100k on it, NOT. Was is the R/S number.
Still here and still connected and still nothing solid to report.