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It did seem very suspicious, and most believed it as fact because, thats what they heard from someone 3lse.
I'm having trouble finding formal documents that a name was actually changed.
Something like that would go through the sec, the securities exchange commission, to be official.
The nvsos is, I'm sure you've been around long enough and know, Nevada secretary of state, basically one of the most business friendly states along with Delaware, so this is where Lazar domiciles his business / business contents. Filings with nvsos does not give it blanket coverage and exempt it from having to file name changes and such with the SEC, Or exempt from registering stock splits with finra.
Hey smart guy, you must not have read that correctly, I don't think anyone ever mentioned that there must be a symbol change, other than the D at the end of the symbol. Which will be noted on finra's site as a symbol change, then 20 business days later, it will be noted as a symbol change again to drop the D at the end of the symbol
"The exchange may temporarily append a suffix (D) to the company's ticker symbol to indicate that the company is going through a reverse stock split exercise."
In addition, ill throw this quote from the site out there for you to read
What is FINRA's role? FINRA does not "approve reverse splits, but it does process reverse stock splits as part of its functions related to company corporate actions in the OTC market. OTC companies must submit notice to FINRA 10 days prior to the record/effective date of the corporate action."
https://www.finra.org/investors/insights/you-asked-we-answered-what-is-reverse-stock-split#:~:text=contact%20the%20SEC.-,What%20is%20FINRA's%20role%3F,date%20of%20the%20corporate%20action.
Time will tell
My understanding is that if its legit, it should be listed on finra, they don't approve or deny, however, process. Also ticker/name change, dividends, etc.... process through finra. Have yet to see anything listed in regards to pfms. Of this were to be actual it would have to go through a name change as well and will carry a dat the tail end of the symbol also, pfmsd, which would also be listed on finra daily
I agree completely.
There an outside chance is legit, but I am still very skeptical.
11/6 means 11/6, not over the weekend to 11/9.
That document stated it was to be executed 5pm put 11/6, the date is 11/6, doesn't matter when we will see it. I checked back to 10/28, 10/29, also did not see that finra was notified of their plans 10 days prior to event.
Still skeptical
Correct me if I'm wrong, the date will still be 11/6... no?
I haven't seen anything on the finra daily list indicating any reverse stock splits will be processed tomorrow, let alone registered. generally in will show the day prior. I haven't seen this stock populate on the list in the past 9/10 days. We'll see if it shows up tomorrow...
https://otce.finra.org/otce/dailyList
Still skeptical.
Agreed, and thats my issue with the nvsos filing vs. Finra/edgar, so who's to say this will even be approved if it does happen to be 'legit'. You would imagine it had been submitted to finra, there is no documentation of anything even submitted anywhere, as of yet.
Hey there, I've seen the 3 page document, in the document it states October 28th, but is stamped by the office of the nvsos top right of first page dated 10/29. Yes the 28th gives 10 calendar days. Have seen nothing submitted for approval.
I cannot attest to validity, nor will I. I am just stating my observations.
Not buying it, checking the finra's daily list, nothing has been processed, no notifications from pfms/zoomout inc.
https://otce.finra.org/otce/dailyList
https://www.finra.org/investors/insights/you-asked-we-answered-what-is-reverse-stock-split#:~:text=FINRA does not approve reverse,date of the corporate action.
What is FINRA's role?
FINRA does not approve reverse splits, but it does process reverse stock splits as part of its functions related to company corporate actions in the OTC market. OTC companies must submit notice to FINRA 10 days prior to the record/effective date of the corporate action. Once a corporate action submission is successfully processed (which may take longer than 10 days), it will be posted to the OTC Daily List. The Daily List is a place investors can learn about reverse stock splits and other company corporate actions, such as a merger or acquisition, payment of dividends or a company dissolution or liquidation.
Nothing noted on SEC/edgar either.
https://www.sec.gov/cgi-bin/browse-edgar?CIK=1171546
Shaz still around?
Youve been reported to the SEC For attempting to manipulate stocks on social media boards, which is this.
Pump it, pump that dilution up
Very true, this is such a scam. Chris trina slowly diluting this pig so he can provide for his family.
Agreed, as do i. Im usually silent in the shadows, but this guy is a dope.
As soon as you sell and settle your profits, you are liable for cap gains taxes. The structure changed 1/1/18, so this year is different from the past. This might help you understand better.
https://www.marketwatch.com/story/your-simple-guide-to-the-new-capital-gains-tax-rates-2018-04-16
Indeed
Lol very comical... all the while hes diluting the shit out of it!
https://www.nvsilverflume.gov/businessSearch?nvBusinessId=NV20061375061&viewDetail&corpId=724608
List of officers due Wednesday October 31,
Business license expires weds October 31
Clock is tickin....
Perfectly stated.
Listen, read it closely, i did not say me myself or I. I'm simply stating one could speculate. Someone asked what the email said, he replied with "stuff". Personally, i could care less. Whether he divulged that information to who asked what the email contained
I referenced Adams post, but this wasn't about me , adam16, nor yourself, I respect you both and your posts, however what I was referencing was that an individual shouldn't have to email "CEO" to get information, if it's pertinent i formation it shouldn't have to be emailed, rather disseminated via pr/tweet, since it is acceptable by sec as a means, to get the information out to the public.
Insider information? Shouldn't be shared with one, Should be put out for all who throw their money into this
One could speculate that there are some sec rules being broken with your refusal to share what may be pertinent?
Drop the B, insert M. This traded 800million yesterday. Not billion...
Someone just loaded TSNP .0001x.0002
Reverse merger is different than a reverse spkit, its been stated absolutely no reverse split here.
Reverse merger is a deal in which a private company buys out a publicly traded company, less expensive and faster way to become publicly traded
It turns out that nsav is not the paid promotion, thankfully. those are p&d promos and was relieved when i saw it wasn't ours. Looking for good things to happen here, I've been here for 2 years patiently...
*you're
Just in, your being promoted
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Read the update more closely, he stated a shareholder update followed by an 8k/current filings within 30 days depending on the schedules of three auditors/ attorneys
I stand corrected "bud"
5 business days. wedsnesday is the day
Add 11.25mil to that
get ready for something good. went from no info to limited, currents coming, we'll see how this plays out over the next several days.
ahh, from Seattle but moved to Rhode Island 7 years ago... I can dig it, the state is smaller than the county I grew up in :)wouldn't take much range to span from providence to boston
Don't forget also, they can file until 8 or 9 pm, far beyond the close if the trading session.
Yes, that is true, and I can retract that guess as is was not educated. I have just now been able to read what he wrote, -new, sub-penny, short term- does not equate to acts/wialan