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It may drop below $1 monday with those shares most likely continuing to hit the market. Sure looked to me like there were a huge amount of shares slamming the bid as it was trying to be supported. I will probably buy back in once the selling pressure is over. (although I don't trust them and will watch very closely - probably even just inter-day trend trade it taking profits quickly)
That is definitely the most professional filing I have seen yet from this company. Though, the financials are looking quite bad. The accounting firm is really good about dispersing losses over a wide area in the report. They did clear up the area that I was wondering how they were writing off IONIC debt to a certain degree - but they have not taken the 18% interest on the defaulted debt into account on overall liabilities at this point in time.
It's always fun to see how accounting firms "move dollars and debt around" to conceal the true story.
Overall - they are still quite suspect as a going concern.
IONIC debt (default) still tied up in litigation.
As of July 23rd, RD should be off the payroll and hopefully they will get rid of him once and for all.
I still cannot find how the company owed TF Tech Ventures $4.15 Million though. That's going to require digging more deeply into past 10Q's and I've done most of them. Still something shady there I believe.
Quite frankly, it doesn't make any sense at all - unless - they over spent on the Zambia farm acquisition and they were going to lose it - unless - they came up with over 2 million which is what they got by dropping the warrants price to Altium. Now, I bet Altium is the one selling all the shares today recouping their money.
This is just my guess - and I don't like it - but that's sure the way it seems to me. Very very strange all things considered - especially with all the good things that seemed to be going right.
Sad part now - I don't TRUST them anymore. Not sure I want to even buy back in.
Over 1 million shares traded so far and touching 1.04 (but only 50 shares so far) didn't register - go figure. Still time in the day to get down to 1 buck even - as they gave Altium their shares for.
SDOT set the damn price with Altium - the market isn't stupid.
This is starting to make me think that Sadot has intended to do what they have done very effectively so far - to gain a NASDAQ listing while pulling the wool over a hamburger guys eyes. They will soon have priority ownership of the company and will be able to take full control. Thus, they got a free NASDAQ listing and they could care less about hamburgers. Who knows - it's starting to look that way.
I mean did you happen to watch the opening bell? Mike Roper says he is from Chicago, so he isn't sure how to pronounce Zambia (where they recently bought a farm - my guess, the 2.15 million warrants at 1 buck went towards paying off that purchase). Why else would anyone be so damn stupid to do that right before they go live on Nasdaq under the new ticker? Incredulous.
Sent to IR
to Frank
Who the hell is in charge of your investment strategies for shareholder's?
Whoever it is needs to be FIRED.
What a bunch of dumbasses issuing warrants for 1 dollar per share when the exercise
price at 1.385 had been hit multiple times... and then to do this on the night before the
Nasdaq opening bell - EGG ON THE COMPANY FACE.
We will see 1 dollar per share maybe even today. DUMB ASSES and doing it right
after 8.8 Million more shares hit the total share count -so 11 million more shares hit
right before some dumb ass let Altium have shares at 1 dollar a piece.
OH WELL,
Yes, it was known, but until the ticker change - those shares did not show up in total share count outstanding. Plus then the 2.2 million (at a buck) - that brought the share count up considerably when doing a P/E share total calc. Anyhow, I hope they have something up their sleeves to help out the shareholder's.
And wasn't it just peachy of them to put out that news LAST night (about warrants) after 9PM EST ??? STUPID ASSES (Those shares hit the exercise price of 1.385 a few times - but they didn't do it... then got handed shares at 1.00) IDIOTS
I'm sorry to hear that, but hopefully we will hit a bottom and bounce. The idiots should NOT have
issued those warrants at 1.00 right after issuing almost 9 million more shares to AGGIA right before
that. That tells me they have NO CLUE about market timing and pricing. We'll see - I'll hope for the
best for you. I feel that we could hit 1 buck though with more eyes on this now, and the fact that the
warrants were priced at a stinking dollar. IDIOTS
Okay "why" I said to myself 😭😭. Then it hit me. Under GRIL early in the week we were still showing approximately a 29.9 million total shares outstanding count. Then the announcement about Sadot/Aggia hitting their mark and of course the ammendment to agreement. That milestone then gave AGGIA an additional 8,855,452 shares which that is then added to total outstanding shares = 38 million plus - and now - the warrant exercise of 2,153,309 at a lowball 1.00 per share - that takes us to 41.1 million that is now showing as Total Oustanding shares. Do the math. Not good - but I still have faith so will still be watching closely. (The chart technicals are holding us at 1.23 at the moment - but the chart has very limited data under SDOT ticker) As well, total short interest has actually gone up this week.
I'm out for now my friend. That 25% discount (fucking crazy, talk about screwing the shareholders) on top of the 8.8 Million plus new shares added to AGGIA (25% more total common shares) - that takes us to $1 / share until they get really great news. They aren't so smart. I hope I'm wrong - but it sure seems pretty dilutive.
Best of success to you. I had averaged down much lower - so I escaped unharmed.
I will be watching and will buy back in.
Not as I expected 😭 at least yet........
Not sure if this is good or bad. I suppose it depends upon the investment company and how long they will hold onto these converted warrants into shares.
AMENDMENTS TO EXISTING WARRANTS
This prospectus supplement is being filed to disclose the following:
On July 27, 2023, we entered into a Warrant Exercise Agreement (the “Warrant Exercise Agreement”) with Altium Growth Fund Ltd. (the “Investor”) under which the Company agreed to amend certain Common Stock Warrants to purchase up to an aggregate of 2,153,309 shares of common stock of the Company that were previously issued on November 22, 2021, at an exercise price of $1.385 per share of common stock with an expiration date of November 22, 2026.
Under the Warrant Exercise Agreement, with respect to Common Stock Warrants to purchase up to an aggregate of 2,153,309 shares of common stock held by the Investor, the Company agreed to lower the exercise price of such Common Stock Warrants to $1.00 per share of common stock in consideration of the Investor immediately exercising such Common Stock Warrants and receiving 2,153,309 shares of common stock.
Prospectus supplement dated July 27, 2023
https://ih.advfn.com/stock-market/NASDAQ/muscle-maker-GRIL/stock-news/91668728/form-424b3-prospectus-rule-424b3
HOPING for a great opening bell day GO SDOT !
I put in the request to have the GRIL page updated to SDOT so that it has the proper quotations and information on news etc to IH Admin. It goes through a Queue and I hope they can get to it quickly so we have an up to date page. Going to watch SDOT OPEN NASDAQ this morning @ 9:15am EST
https://www.nasdaq.com/marketsite/bell-ringing-ceremony
The Nasdaq opening bell ceremony will be broadcast live starting at 9:15 a.m. Eastern Time from the Nasdaq MarketSite Tower in New York City, New York. To view the broadcast, please visit: https://www.nasdaq.com/marketsite/bell-ringing-ceremony. Videos and photos during and following the ceremony will be shared on Nasdaq's social media channels: Facebook, Instagram, and on Twitter. The Sadot Group will also share the event on its social media page: LinkedIn.
There will probably be one more "stops-run" today before the big NASDAQ
opening bell featuring Sadot Group Inc. Hold onto your shares - the powers that
be want more of YOUR shares. Hold on tight.
I bet they are also trying to figure out how the company wrote off much of the debt of IONIC in some of their financial filings as well. I bet they have a real mess on their hands.
I know right before they did the patent deal - RD was getting really desperate to keep the company afloat. Really desperate.
Can one of the MODS please update the page to SDOT so that newbies can easily find
all of the information compiled here? Thank YOU
This would be a GOOD TIME for Sadot to start buying back shares with that 2 Million dollars that they said they would be buying from time to time as market conditions allowed. Keep the price respectable before they ring that opening bell tomorrow - and SQUEEZE out these damn SHORTS.
https://feeds.issuerdirect.com/news-release.html?newsid=6147543784572396
Muscle Maker Inc. Announces Share Repurchase Program Covering up to $2 Million of its Common Stock
FORT WORTH, TX / ACCESSWIRE / April 13, 2023 / Muscle Maker, Inc. (NASDAQ:GRIL) ("Muscle Maker," "GRIL" or the "Company"), a global agricultural-commodity supply chain and emerging growth stage restaurant company, announces today that its Board of Directors has authorized a share repurchase program to repurchase up to $2 million of GRIL outstanding common stock. This share repurchase authorization is effective immediately.
GRIL shares may be repurchased from time to time in open market transactions, privately negotiated block transactions, or other means in accordance with applicable securities laws. The timing of the purchase, the number of shares repurchased, and the prices paid for the shares under the program will depend on general business and market conditions, the trading price of GRIL common stock and corporate and regulatory limitations.
And of course - this should do it.....
https://finance.yahoo.com/news/sadot-group-inc-ring-nasdaq-133000352.html?.tsrc=fin-srch
Pretty AMAZING - Go Sadot Group Inc.
Yes, I am still digging - but so far combing through the financial's, I can't seem to find the transaction where CURR was loaned 4.15 Million from anyone besides IONIC - I'm going to keep doing my investigative work as I have time though. Have a great day SOTG
SDOT - New trading symbol - Let's go Sadot Group Inc. !!
Not in it, but still watching it. I'll say again, this has got to be the MOST corruptly manipulated
ticker on NASDAQ - they don't even try to hide it. Plain and simple - total manipulation and price
control.
That was my initial thought as well, but after I had done some research on TF Tech Ventures (right after the news was released about 20 Million Patent purchase) I found at that time that TF Tech Ventures had just been formed right before that deal was made. And, at that time, Only CA Preston was listed as an owner or director. Later, RD and MR were added. But, I suppose some shady book work behind the scenes didn't stop this particular deal structure from happening.
Hard to find info - still trying to track it all down.
https://www.flcompanyregistry.com/companies/tf-tech-ventures-inc/
https://www.floridareg.com/company/F22000003377/tf-tech-ventures-inc
https://www.bizapedia.com/fl/tf-tech-ventures-inc.html
https://disclosurequest.com/form/tf-tech-ventures-inc./0001946734-22-000001
Do you happen to know how Avenir Wellness/Cure had already owed TF Tech Ventures 4.15 Million dollars - which was part of the 20 Million patent deal ? I have not been able to find that number in any of the filings. Baffles me. Thanks for your input.
It's starting to look like some of the shorts are packing up and leaving.
Not sure - I think Michael Roper might want to hang on and grow that portion too. We'll see.
That's going to change soon. I think after the news today - this will be on many more radars.
There are also short-sales going on - which after today's news - I hope there is a short-squeeze.
HUGE - Muscle Maker Inc. (Nasdaq: GRIL) Announces Name Change and Rebranding to Sadot Group Inc. (Nasdaq: SDOT)
8:31 am ET July 26, 2023 (Accesswire) Print
FORT WORTH, TX / ACCESSWIRE / July 26, 2023 / Muscle Maker Inc. (NASDAQ:GRIL) ("MMI" or the "Company"), today announced its corporate rebranding from MMI to Sadot Group Inc. effective July 27, 2023. The Company's stock ticker symbol will change from "GRIL" to "SDOT" on the Nasdaq stock exchange, and trading under the new stock ticker symbol will commence on July 27. Holders of common stock are not required to exchange current outstanding stock certificates for new stock certificates.
The parent company name change was initiated by the Company's strategic pivot into the global agri-food supply chain industry. Since the pivot in November 2022, the company has delivered consistent results. As of June 30, 2023, Sadot LLC, a wholly-owned subsidiary, crossed the $500 million total revenue milestone since its inception. The Company has now exceeded $45 million in monthly revenue for eight consecutive months. In addition to high revenues month after month, the Company recently announced the expansion into new trade routes throughout North, Central and South America along with the purchase and initiation of farming operations in Zambia, keeping the Company on its trajectory to reach its goals of becoming a significant global presence in the sector.
"We are pleased to announce our new identity as Sadot Group Inc.," shared Michael Roper, CEO of the Company. "Over the last eight months we have experienced transformational operational and financial growth, and the name change to Sadot Group Inc. aligns with our evolved identity, symbolizing the clear direction of our corporate strategic vision. The transformation is a testament to our unwavering commitment to growth and innovation in the agri-food supply chain. Our focus on growth, innovation, and results remains steadfast. We are determined to build on our achievements and continue making strides in the agri-food industry. We thank our shareholders, partners, and employees for their continued support and look forward to capitalizing on future opportunities."
The Sadot Group operates within three key verticals of the global food supply chain including 1) global agri-commodity origination and trading operations, 2) farm operations in Southern Africa producing grains and tree crops, and 3) food service operations with more than 50 restaurants across the U.S.
Sadot Crosses $500 Million Total Revenue Milestone
FORT WORTH, TX / ACCESSWIRE / July 24, 2023 / Muscle Maker Inc. (MMI), the "Company" (Nasdaq:GRIL), today announced that Sadot LLC, a wholly-owned subsidiary, crossed the $500 million total revenue since inception milestone by achieving top line revenue of over $45.7 million for the month of June 2023. The announcement marks the eighth consecutive month in which top line revenue has exceeded $45 million and shows continued success of Sadot LLC with total revenue since inception in November 2022 of over $515 million.
"I am thrilled to announce another remarkable milestone. Achieving top line revenue of over $45.7 million for the month of June 2023 showcases our consistent growth and continued success of Sadot LLC," stated Michael Roper, CEO of MMI. "And now Sadot has crossed the $500 million revenue since inception milestone. With our recently announced amendment to the service agreement with AGGIA, which reduces the quarterly non-cash stock-based compensation expense by 50%, our monthly revenues are expected to have a more favorable impact on our financial reporting with the intended result of improving the bottom-line results for our company."
As reflected in the Company's recent announcements, these results highlight Sadot's continued efforts to deepen its presence in the global agri-food supply chain. Recently, the Company announced the expansion into new trade routes throughout North, Central and South America along with the purchase and initiation of farming operations in Zambia, keeping the Company on track to reach its goals of becoming a significant global presence in the sector.
Roper continued, "With the addition of Sadot, MMI has made a significant strategic pivot. In a short period of time, Sadot has produced significant revenues while generating noteworthy net income. The Company has expanded into multiple verticals in the global food supply chain including farming and warehousing, origination and trading, and food services. Recently, we were added to the Russell Microcap® Index which recognizes the Company's new strategic direction and recent performance. I look forward to sharing future announcements as our journey to become a global agri-food supply chain company and a significant participant in the effort to provide food security to global communities evolves."
The preliminary, unaudited financial results included in this press release are based on information available as of Ju
Sorry brother - no bash intended - I know exactly what your thoughts are
about this ticker - about the same as mine. Really, have a great weekend.
Wow, thanks for that compliment - I know you didn't say to buy it. Geesh
have a great weekend - LMFAO .0833
.0833 goingdownnow0
CURR
Cure Pharmaceutical Holding Corporation (CE)
0.0833
-0.0317 (-27.57%)
Volume: 250
Day Range: 0.0833 - 0.0833
Last Trade Time: 12:37:35 PM ED
Just Flying Blind Right Now.
Oh, thanks for clarifying that for me. Probably for the best as no one really should be buying it right now in it's current situation/predicament. They appear to have gone "DARK".
I doubt that too many people have been trying to buy it anyhow though.
Thanks again.
I tend to take EXCEPTION to that misleading post. No one outside of the company has any idea what is currently going on - and how in the world could you ever say "At that time all the temporary trading issues with CURR stock will be resolved." This accounting firm - if - they are even doing the work right now - or - even getting paid - would have NOTHING to do with the lawsuit and DEBT that is hanging over this company.
BTW - at the time of this post - ZERO shares have been traded today.