Wow - something concrete. I am both surprised and impressed.

What is most interesting to me is that some of the debts dated back all the way to 2015, and only NOW is ASKH finding it worthwhile to clean them up. I hope that signals that something is going to happen.

If the plan was to fade off into the sunset there would be no need or incentive to clean up the balance sheet. I am still very skeptical, but this is a very positive development.

I bought a bunch as well right around then. I am hoping for a "Lazarus effect" on a number of them...

The CEO can't just wave his hands and tell the stock price to go back over $1.

What specifically would you do if YOU were the CEO, and what impact do you think that would have on the share price BEFORE TODAY'S CLOSE?

The problem with shell stocks is that hopium will expand to fill a news and information vacuum. Unfortunately, so will gloomanddoomium.

That brings up a question.

If ASKH were to announce an LOI, and you were convinced it was implausible if not an outright fake, would you immediately sell into any strength?

What if you thought the LOI was actually plausible and there was some verifiable evidence (i.e. statements from the prospective counterparty) that there might be something there?

Under what circumstances would you hold until a deal was actually done?

What is the new release going to be? Even better food? A new menu?

By the time they actually do something it may need to be a seniors' menu...

I have some real crappy r/m stocks too, but am not yet ready to anoint ASKH as the shining star.

If ASKH is the star of your r/m portfolio, the other 19 that you hold must be really crappy.

I agree - those contracts are already in place outside of and before these conferences.

What CAN happen at these conferences is that fund managers and other potential funders can "read the room" to see how Lebby's talks are received and network with the foundry reps and tier 1 datacenter guys there to get a much more real feel for how big this will be and how soon things might start to happen.

Which is saying something!

They get released to the transfer agent today. It may take a while before they actually show in your account.

Eventually, but it takes time.

There is no requirement for an MM show the entire amount of shares they have available at a given ask price or are willing to buy at a given bid price.

The situation you describe, where you get a fill for the entire amount showing as the low ask, is not at all uncommon.

Did anything come out of the XCPL shareholder ZOOM call today?

good food

The news item below speaks to the delays and suggests the final record date was sometime in May 2022.

https://ih.advfn.com/stock-market/NASDAQ/vinco-ventures-BBIG/stock-news/88214628/vinco-ventures-inc-delays-cryptyde-spin-off-dist

My TYDE dividend shares were credited to my Schwab accounts on 6/29/22.

I don't recall what the record date for qualifying for the dividend was. I do remember that there was a protracted wait between the record date and the actual distribution.

I do have a couple notes in my Schwab account indicating that I bought more BBIG shares on 10/15/21 "to qualify for more TYDE distribution shares" (my personal notes, not anything official at Schwab), suggesting that the record date could have been as early as 10/17/21.

You should be able to search out the actual record date and determine whether in fact you qualified or not.

True. Used to be we got no content, now we get no content but with good food.

Could be a total of insiders + funds + brokerages. Anyone who deals directly with the transfer agent and does not hold their shares at their broker in "street name".

There are MANY more beneficial owners than that. Shares held in street name show as one holder - i.e. Schwab shows as 1 shareholder in that count whether there are 10 Schwab customers that hold BABL or 10,000

There are always more idiots.

I held 600 BBIG in one account and received 60 TYDE. In another account I held 400 BBIG and received 40 TYDE, so I am pretty certain it was 1 for 10.

Xena - you are correct. Placing a limit sell order does not restrict the lending of your shares.

I am mystified by how the "set a limit order to prevent share lending myth" is still out there.

We are talking about two independent things - whether the shareholder is willing to sell at a given price and whether the brokerage has shares in street name it is willing to lend out. In actuality, there are two transactions, one for you with your broker as the counterparty (I am willing to sell my shares at this price and then I don't care what happens to them as long as I get my cash) and another where your broker is counterparty to a short seller. There is no direct transaction, actual or potential, between the long shareholder and the prospective short seller. The broker is the counterparty to each of them in independent trades.

Naïve investors seem to think they are the counter-party to short sellers.

That simply is not true.

I would be happier to foolishly cash in my chips.

I believe it was 1 TYDE for every 10 BBIG.

Yes, they would get to the next non-holiday week day. However I personally doubt it will make any difference.

I would not bet that they even knew it was due.

I think you have it right. If $20 is the number where you sell a portion of your holdings and change your life, then by all means sell some at $20. You can let the rest ride and be in a better life situation.

Not really too surprising. Up until January 4, trading in APSI was dominated by those speculating that a merger would occur in the near term. That has happened. Buying (or holding) APSI now involves a completely different value proposition - that the company will operate effectively and succeed and grow over the long term. Those value propositions (pre merger vs. after merger) appeal to different types of investors.

It is not surprising that the speculators are moving on, and it is not surprising that they see more urgency to do so (and then find the next short term speculation) than long term buyers have in establishing positions. Even if a long-term-oriented investor is aware of APSI, many won't buy in until they see several quarters of actual operating results with financials from the public company.

I don't.

I think they are simply orders placed at the end of the day (with better information than early in the day) and/or "market on close" orders that sit unexecuted as limit orders during the day and then fire off when the price is reduced to market in the last 5 minutes.

While I think there probably is some "tape painting" going on (both ways) I believe that the green paints balance the red paints and the volume involved to be immaterial..

TORVF does not trade after hours. Try again in the morning :)

I am right there with you on this. It is hard for me to believe that after all that delays and doing nothing we will see a whirlwind of activity before a deadline that may or may not exist and which MR may or may not care about (even if he knows about it).

Inertia is a self-fulfilling prophecy.

No - the worst case scenario is that we hear nothing because no one is interested.

There is no assurance that a deal will get done (though I personally am betting that we eventually see one). I'd like to be surprised, but my guess is that a deal is more than "a few weeks" out.

Posters on this board have always shown more urgency the MR for getting a deal done.

This has been true for years. I don't see any evidence of it changing.

There is no such requirement.

Any prospective buyer can make an offer any time they feel comfortable doing so. If they wanted to, the could put in language making the offer contingent on final approval by the judge, but all of that is completely up to the prospective buyer.

Although there is no requirement, you can bet that any prospective buyer is going to want to know the terms of that settlement before they buy. PG and AUPH mgt. may not be allowed to disclose the terms until things are finalized, so that might make for a de facto "nothing happens until the ink is dry" situation.

That said, any entity that would be able to buy AUPH for a few billion dollars would certainly have ways of finding out what the settlement terms are.

Even relatively low volume days in early January can push up the average daily volume over the last 20 days. This is because trading volume drops way off in the last couple weeks of the year due to many being on vacation or simply just away from the market. Any return to "about normal volume" will bump the average if that day bumps a lower volume day out of the last 20.

Another data point that suggests the trade was pre-arranged.

I don't know about over-thinking, but I do think we are seeing a lot of short term considerations dominate the discussion and trading. I think time is on our side here.

Didn't move the price up either. Given that big of a volume hit and no price movement it appears to be some kind of pre-arranged trade. Just a guess.

Just spitballing - the only way I can think of that a trade that large would not move the market substantially if it were between parties that know each other - for instance a sale from one fund to another within the same family of mutual funds.

Right - the NOBO list is available - at a cost.