Here are three things I can think of relating to why RCRT would want AESO.

1. Isolating the AI-related assets into a different company/ticker allows that company/ticker to be a "pure play" on AI as applied to HR
2. Isolating the AI-related assets into a different company/ticker isolates the non-AI business and ticker from any potential liability arising out of the AI side.
3. As you note, there is value in having one of the entities be substantially debt-free.

Here are three things I can think of relating to why RCRT would want AESO.

1. Isolating the AI-related assets into a different company/ticker allows that company/ticker to be a "pure play" on AI as applied to HR
2. Isolating the AI-related assets into a different company/ticker isolates the non-AI business and ticker from any potential liability arising out of the AI side.
3. As you note, there is value in having one of the entities be substantially debt-free.

We're all hoping it hits 20 cents some day, but very few of us actually believe it will ever get there.

I would love to be surprised.

deep dark depression, excessive misery...

You are clogging up the board!

I was trying to give you the benefit of the doubt since you might have something useful to say on other stocks at some point.

However, since neither of you seems to be man enough to walk away and just let the other guy have the last word, IGNORE for both of you.

**GO** dormant? I thought we were already there...

I agree - they sure are BOTH really tiresome.

Probably a long time from now if ever given the r/s.

Doesn't matter

I agree that reducing the bloated share count is a good move. However, the share structure has no bearing or revenues or net income.

I have no position either way in BLEG. However this statement from the PR

>>In other news, Branded Legacy announced a net income for the fiscal year 2023 of $3,825,527, a substantial increase driven by the strategic retirement of over 2.4 billion shares.<<

is utter nonsense.

Since when does share count have anything to do with net income? They may have reduced share count and may have net income but the former most certainly did not drive the latter!

No. The fact that your bid may have been in earlier at a price that filled today means nothing. There is no “queue”.

I want very much for Dung to do something and ASKH to appreciate. However, I don't think you are doing us any favors by antagonizing him.

OK - how about this one?

A Korean CEO walks into a hardware store...

...and asks the clerk "got any good food?"

:)

It's called "domain squatting". People buy a domain and then try to sell it to the company at a premium.

Similarly, many shady click-bait operators purchase domain names that are "frequent" typos of legit domains that get a lot of hits.

This is old news from April. Reposting it is intentionally misleading!

I liked the duck joke

What's the next business plan? Anyone? Bueller?

What Selce said !!!!

love it!

GSPI - huge volume today

Yep. Often times the Nobo report can be a sign of desperation either the company is doing some kind of finagle or they’re trying to untangle a naked short situation.

The 95 reflects consolidation of shares held in street name by each broker. Of those 95 "shareholders", a good number are entities like Schwab or eTrade etc. who show as 1 shareholder while in fact there could be hundreds or thousands of beneficial holders that hold their shares at Schwab.

To get a true count you would need to do a NOBO report (Notice of Beneficial Ownership). These are expensive, but occasionally a company will ask for this. Companies do this once i a while.

Brokers plus some insiders who may have shares in certificate form, possibly from private placements or even shares from before the entity went public.

Not lazy TAs at all - that is how the system works. There is no way a TA could give an accurate count of the shareholders for, say, T or TSLA or AMZN if they attempted to count true beneficial shareholders on a daily basis. That would be totally unworkable.

It just looks funny with these little OTC stocks where you end up with very small numbers being shown.

To get a true count you would need to do a NOBO report (Notice of Beneficial Ownership). These are expensive, but occasionally a company will ask for this. Companies do this once in a while.

The count you are seeing is the number of brokers that hold shares for customers plus the number of people who hold shares directly and certificate form. That’s the shareholder account from the transfer agent perspective to get a full articulated list of all the individuals that would hold the stock you would need to get a beneficial owners report

The reason the share account looks small is that many of the shares are held in Street name. That means if you and I and 98 other people hold shares at Schwab, it is counted as one shareholder not 100.

Hard to get excited about 291 shares volume on a penny stock. $3. Big whup.

I guess we keep waiting. I have little confidence that we won't see another extension in September.

I added some shares today at .019 after speaking to Steve Murphy at LBRG. I like their plans for share reductions and adding new websites.

I agree - the real value comes from being able to read 100 messages at a time and to put an unlimited number of people on ignore. PMs are really icing on the cake.

Neither is a big deal if you are only reading this board.

I believe that iHub offers "Happy Hour" every Friday during which everyone gets free PM capability. They sometimes offer the same for a week or so for various reasons. That may explain why it is sometimes frère to you and sometimes they ask you to pay.

hmm - site looks pretty good - way better than what I expected.

iHub was really slow late last week - it seems better now.

Last week the site was slow on my main PC, but ok on my other devices. Since it appeared to be device-specific, I cleared out all the cookies for iHub on my main PC and that seemed to help.

A pre-revenue company has very simple finances - there is no need to pay top dollar for a top-tier accounting firm.

"SEVERELY DELINQUENT FINANCIALS" - IS THAT SOMETHING LIKE "DOUBLE SECRET PROBATION?

I really doubt they would take shares purely on speculation. They would need to get enough shares so that they could sell (on the bid) for at least as much as the cash they would have received. Some might sell all, some might let the balance ride, but it would be astounding if they did not sell enough to get paid (and pay their staff) immediately.

In that case, we could go with "We sell NFTs and allow folks to BABL about it AND BLOCK EACH OTHER on iHub"?

Or we could wait for a name change

How about "We sell NFTs and allow folks to BABL about it on iHub"? Catchy!

Take shares for what?

Are you talking about MVNT using shares to pay for services, and asking why would a provider of such services accept shares as payment?

In that scenario the simple answer is that they would generally get more value in shares than if they took cash. Here's a hypothetical case - MVNT buys services for which the cash cost would be $1,000, and, with the stock trading at .01 bid .02 ask (again, hypothetical - I am using easy numbers to work with), MVNT offers to give them 200K shares of stock so as to conserve that $1000 in cash. Assuming the stock was out of the treasury and not restricted, and also assuming there was enough liquidity to actually absorb 200K shares on the bid, then the service provider could sell the stock for $2000 (instead of the $1000 they would have received, OR they could sell 100K at .01 to get their $1000 and let the rest ride.

While I have made the numbers up for convenience, the basic premise is true. The only way a service provider would accept shares in lieu of cash is if the shares were worth more RIGHT AWAY than the cash.

The good things about the symbol change would be that it offers the opportunity to align the symbol with the actual business model of the "new" company going forward and to communicate that more consistently. It also has the effect of isolating the admittedly sketchy history of "BABL" from the results when people search for news etc. using the new symbol.