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The myth continues. LOL!
Back to business as usual. Big OPTI dumpster cleverly slaps the ask with small buys to set up the foolish on the bid. Bid grows in size. He then dumps into it.
They fall for it every time.
That's when he thought the $2B deal was real. He knows better now.
Yeah, he seems to equate one with the other. Sounds like he's acting on his own with legal counsel or maybe against counsels advice.
Guessing it's the 1st step.
https://www.justia.com/trials-litigation/lawsuits-and-the-court-process/
Another 56M shares going from R to U this morning doesn't help. Throw in that the only things that ever gave OPTI any value has turned to be more Pawson fraud and you get a fall back to trips.
A quick day trade might viable here but nothing else is.
Except, what year was he talking about. EOY 9/30/21 or EOY 12/31/21. I think he always planned to change to EOY 12/31/21.
$OPTI Be aware that another 67.5M toxic note shares that were issued @ .01 become free trading today.
Toxic lenders setting up bids to dump into come Monday. That's how they do it.
This is typical when toxic lenders dump. There's no support because they bid whack @ will. Over 210M shrs of toxic debt matured and will mature 10/1/21 thru 10/15/21. Their cost is .01 so that might be as low as they dump but no guarantees cuz the actual terms and conditions of the contracts are unknown.
Stocks can remain oversold far longer than shareholders can remain solvent.
Right at the top of the market. Terrific timing.
I'm guessing him buying real estate again marks the top again. Any bets?
Sneaky little bugger, isn't he. Announce a buyback and then go quiet about it while note shares sell and the PPS drifts continuously lower. PPS was .11 when he announced it and now it's .025.
Obviously not many took him seriously.
When did he announce a share buy back?
$SHMN This is fun watching the ask constantly being taken out.
That's not the way it works. An issuer has to adhere to the previous YE annual report schedule but file another annual report per the YE change. In this case, it involves filing an annual report for YE 6/30 and another one for YE 12/31. Both will have to be audited if he wants to up list to QB.
An announcement on the conditions prior to or just after the change would have been nice, but not Pawson's style. He seems to like keeping everyone in suspense.
OPTI isn't SEC registered so there won't be a 10k filed. They will have to a file an audited annual report per OTCM requirements to upgrade to QB. Don't be surprised if it takes longer than expected.
I.Don't.Care! Is that clear enough?
I care about $800K in daily sales.
I care that OPTI is providing PPE to a public that desperately needs it.
I care that every child returning to school is at risk of contracting covid and OPTI is providing a means of mitigating that risk.
I care that nearly every school district is mandating mask use by students and faculty. Ditto for restaurants, retail stores and other public activities.
I care that WeShield and OPTI together will realize a minimum of $200M in revenues in the next year.
I care that OPTI's profit margin for last 9 months was 36% which translates into a minimum of $72M in profit over the next year.
I Don't care that Roger may have gotten scammed by scam bank. That shit happens to the best of them.
I care that Roger put it behind him and went on to acquire WeShield.
Last update made it seem like the acquisition could be completed and announced any day.
SOHM, Inc. Moves a Step Closer in Securing a Definitive Agreement in Previously Announced Proposed Acquisition of Southern California Based Pharmaceutical Company
Press Release | 08/23/2021
SOHM, Inc. takes a step forward in establishing its manufacturing base and network in the USA
CHINO HILLS, CA / ACCESSWIRE / August 23, 2021 / SOHM, Inc. (OTC PINK:SHMN), a generic Pharmaceutical, Nutraceutical, and Cosmeceutical company that manufactures and markets generic drugs covering numerous treatment categories announced today that the Company has finished its due diligence for its previously announced proposed acquisition of a leading Southern California based pharmaceutical company.
Mr. Baron Night, President and CEO of SOHM Inc., said, "We are delighted to announce that after finishing the due diligence process, our legal team is working to prepare for the definitive agreement and road map agreed upon for the acquisition by both the companies.
Mr. Night added that the Company anticipates the final agreement shall be signed on or before the end of this quarter as previously announced. After lengthy discussions, the roadmap for the takeover has been agreed upon, and is in both companies' best interest.
With this, SOHM would also have the opportunity to manufacture in-house its products in the US brands in its manufacturing facility in Southern California, thus increasing its' profitability. The acquisition is in line with the Company's strategy for its growth and stability and brings synergies between the two companies. It will open more contract manufacturing opportunities for the Company and thus more continued revenues and profitability in the very near term.
As soon as the agreement is signed, we shall be making a formal announcement to update all stakeholders. "We are very pleased with our stable growth." Mr. Night stated.
https://www.otcmarkets.com/stock/SHMN/news/SOHM-Inc-Moves-a-Step-Closer-in-Securing-a-Definitive-Agreement-in-Previously-Announced-Proposed-Acquisition-of-Southern?id=317572
Don't care. WeShield and Rosen's non-toxic convertible loans (converting at .77 and 1.00) is why I'm here.
Waiting anxiously for your response.
https://www.trust-investment-bank.com/legal-disclamer
DISCLAIMER
We Trust Investment Bank – BV can confirm that we have never been registered or even applied for registration with the British Virgin Islands – Financial Services Authority nor we have ever used the following address:
152 – 160 City Road, London, ECIV 2NX
Nor have we ever used the following web address
www.trustinvestmentbankbvi.com
Any brokers posing as the bank be aware that any use of our name or any attempt to defraud the bank by using similar name and fake address will result in us taking appropriate legal and civil action against them.
We can also confirm that we have no relation to any other Trust Bank in the world or Trust Investment Bank Limited in Pakistan other than the fact that one of their non-executive directors Mr. Mamoon Ur Rashid Qureishi is linked to us and since we do not work in the same jurisdictions so it is not a conflict of interest nor the two banks should be considered as one and the same. Also the other common person – our founder and their other non-executive director Mr. Asad Ali Kazmie passed away on 5th May 2020 – may God bless his soul.
Any queries pertaining to us shall be directed to us rather than to any other bank with similar name or even to Trust Investment Bank Limited in Pakistan.
With regards to verification of any documentation please note that any verification will be done by us and no other entity can verify its authenticity.
Looks pretty legit to me.
https://www.trust-investment-bank.com/about
Nothing on it in OPTI's twitter. Nothing on it in the intro either.
Speaking of the intro, it also seems odd that none of the news on the WeShield acquisition, their audited fins, or their $59m in revenues is in there either. The intro needs some serious updating.
Sure, I've seen it posted by Deep 6 many times but that's the only time I've seen it. Nothing else as proof for what looks like a photo shopped pic.
I've looked and found nothing.
So you say. Prove it.
Looks photo shopped. Got something more than a photo shopped picture?
The auditors have had over 4 weeks to work on OPTI's fins so they could be early.
They bought it up yesterday and are selling it down today. WHO DOES THAT!!!
Someone with the means, that's who. Someone who spends a little to drive it, set the trap, then drives it down to take out stops and load the boat. Spend a little to make a lot.
Do what the big boys do.
Very plausible explanation for the delay.
Ergo my assertion Pawson needed to fully stock that new 50000 square foot warehouse with PPE when supplies were plentiful and cheap a few months ago.
Don't know that he did, but it would have been the right thing to do.
DMI is projecting a big move is coming. Di+ just crossed Di- so for now the projected move is up. We'll see if they can reverse it.
Looks more someone with the means is holding it down to accumulate, IMO.
That bumps it up to $52 million in additional revenue annually.
Add that to the $800/day they stated earlier and you get over $250 million annualized.
They're bringing in revenue hand over fist. Sooner or later the PPS will reflect that.
Auditing the last 3 years could be a bit of a challenge. I hope the auditors are up the task.
The fact that OPTI's EOY is offset to most public companies could mean that business is slow and they've got plenty of time to get it done if they started immediately after the announcement was made.
My question is, how much of WeShield's revenues will be included with OPTI's, from the start of the year or after the date of acquisition completion?