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OT; Understanding filings. Some Basic knowlege will save you $$$
SEC website. They have a tutorial
https://www.sec.gov/edgar
Investopedia. Good definitions of what filings and terms mean
https://www.investopedia.com/financial-term-dictionary-4769738
Its on my watch list.
They are planning on selling shares. Look at page 5. Pretty straight forward.
I have no position in this stock. Simply posting DD for reference
Reference SEC filing.....Form 1-A/A BROOKMOUNT EXPLORATIONS....May 2nd
http://archive.fast-edgar.com/20240502/AT2Q722CZ222G2Z2222N2CYZJEOVZY828262/bmxi_1a1.htm
American households fully spent their pandemic-era savings as of March 2024
https://news.yahoo.com/finance/news/americans-spent-savings-economists-worry-113203731.html
Americans have spent their savings. Economists worry about what comes next
Analysis by Nicole Goodkind, CNN
Tue, May 7, 2024 at 4:32 AM PDT·6 min read
Americans saved quite a bit of money during the pandemic: $2.1 trillion worth, to be exact.
That extra cushion meant that consumers kept spending in the years that followed and the economy remained robust despite rising interest rates and persistent, though gradually decreasing, inflation.
But now that extra spending money is gone, economists are concerned about what comes next.
What’s happening: The most recent estimates of excess pandemic savings in the US economy have turned negative, according to Hamza Abdelrahman and Luiz Edgard Oliveira, economists at the San Francisco Federal Reserve.
That means many Americans have more debt than savings and suggests “that American households fully spent their pandemic-era savings as of March 2024,” they wrote in a recent report.
Consumer spending plays a crucial role in driving economic growth in the United States, and it has shown remarkable strength over the past two years. But now that excess savings have now dwindled to nothing, that could hurt spending and spell trouble for the American economy.
Alarmingly, debt is also accumulating. Chicago Federal Reserve President Austan Goolsbee said last month that while consumer debt levels aren’t yet “especially” high, the Fed is concerned about the rate of consumer delinquencies, or missed or late payments on expenses such as auto loans, credit card bills and rent.
Billy ray
Rig is pretty good for a Rodeo clown
Great minds think alike. Added also
RLTR news......
https://finance.yahoo.com/news/reeltime-reports-1-129-025-122500749.html
BOTHELL, WA / ACCESSWIRE / April 17, 2024 / ReelTime VR/ReelTime Media (OTCPK:RLTR) reported positive results in its latest financials. The improvement in the Company's financial condition reported are all for the nine months ended September 30, 2023 compared to the nine months ended September 30, 2022 respectively and is attributable to the following as well as additional factors disclosed in the financials. The complete financials as posted can be viewed at https://www.otcmarkets.com/otcapi/company/financial-report/397734/content
During this period ReelTime issued a total of zero shares and a total of zero shares were converted from restricted to free trading.
The increase in net income of $2,094,981 resulted from net income of $1,485,743 compared to a net loss of $609,238 and includes debt extinguishments of $1,857,524. The operating expense decrease of $600,648 was primarily attributable to an approximate $113,000 decrease in professional fees for our Company CEO and approximately $441,000 decrease in stock-based compensation from the cancellation of two contracts during January 2023.
ReelTime CEO Barry Henthorn declared: "The positive financial results reflect our commitment to increase shareholder value by reducing debt, minimizing potential dilution, increasing net revenues, and expanding our business. We will continue to tighten our share structure, increase transparency, and grow our income and asset base. Our progress in these and other areas will be reflected in our future filings and announcements."
About ReelTime Rentals, Inc. d/b/a ReelTime Media/ReelTime VR: www.reeltime.com is a publicly-traded company based in Seattle, WA (OTC PINK:RLTR). ReelTime Media provides end-to-end production capabilities and discount media purchasing that is redefining how companies are evaluating and purchasing their TV, radio, print, and other new media. ReelTime is also in the business of developing, producing, and distributing Virtual Reality Content and technologies. We have end-to-end production, editing, and distribution capabilities for internal and external projects.
CONTACT:
Barry Henthorn
ceo@reeltime.com
SOURCE: ReelTime Rentals Inc,
RLTR news......
https://finance.yahoo.com/news/reeltime-reports-1-129-025-122500749.html
BOTHELL, WA / ACCESSWIRE / April 17, 2024 / ReelTime VR/ReelTime Media (OTCPK:RLTR) reported positive results in its latest financials. The improvement in the Company's financial condition reported are all for the nine months ended September 30, 2023 compared to the nine months ended September 30, 2022 respectively and is attributable to the following as well as additional factors disclosed in the financials. The complete financials as posted can be viewed at https://www.otcmarkets.com/otcapi/company/financial-report/397734/content
During this period ReelTime issued a total of zero shares and a total of zero shares were converted from restricted to free trading.
The increase in net income of $2,094,981 resulted from net income of $1,485,743 compared to a net loss of $609,238 and includes debt extinguishments of $1,857,524. The operating expense decrease of $600,648 was primarily attributable to an approximate $113,000 decrease in professional fees for our Company CEO and approximately $441,000 decrease in stock-based compensation from the cancellation of two contracts during January 2023.
ReelTime CEO Barry Henthorn declared: "The positive financial results reflect our commitment to increase shareholder value by reducing debt, minimizing potential dilution, increasing net revenues, and expanding our business. We will continue to tighten our share structure, increase transparency, and grow our income and asset base. Our progress in these and other areas will be reflected in our future filings and announcements."
About ReelTime Rentals, Inc. d/b/a ReelTime Media/ReelTime VR: www.reeltime.com is a publicly-traded company based in Seattle, WA (OTC PINK:RLTR). ReelTime Media provides end-to-end production capabilities and discount media purchasing that is redefining how companies are evaluating and purchasing their TV, radio, print, and other new media. ReelTime is also in the business of developing, producing, and distributing Virtual Reality Content and technologies. We have end-to-end production, editing, and distribution capabilities for internal and external projects.
CONTACT:
Barry Henthorn
ceo@reeltime.com
SOURCE: ReelTime Rentals Inc,
Instrumental Marxism, or elite model, is a theory which reasons that policy makers in government and positions of power tend to "share a common business or class background, and that their decisions will reflect their business or class interests". It perceives the role of the state as more personal than impersonal, where actions such as nepotism and favoritism are common among those in power, and as a result of this, the shared backgrounds between the economic elite and the state elite are discernible. The theory argues that due to the high concentration of wealth within the State that the actions of State actors seek to secure and increase their wealth by passing policies that benefit the economically superior class.
Political Relations Between Poland & Belarus
https://www.youtube.com/shorts/P7fjWEwWq4E
Its not my bid. %^)
Added a few today
Interesting. Costco selling $200 million in gold bars per month, says analyst
https://news.yahoo.com/finance/news/costco-selling-200-million-gold-161509867.html
Interesting. Costco selling $200 million in gold bars per month, says analyst
https://news.yahoo.com/finance/news/costco-selling-200-million-gold-161509867.html
California spent billions on homelessness without tracking if it worked
https://news.yahoo.com/california-fails-track-effectiveness-billions-185244850.html
Largest utility companies in US plan major projects that will transform home heating — here's why it matters
https://news.yahoo.com/finance/news/largest-utility-companies-us-plan-110000689.html
El Cajon Mayor Bill Wells. Hamas-style attack could happen to us, border mayor warns as migrant surge continues
https://news.yahoo.com/crisis-california-hamas-style-attack-222100376.html
My bright spot today
Nice day. Nice execution
OT; Still dizzy from the earthquake? This will fix it. You have positional vertigo
Ouch.
FSRN. heads up
https://www.sec.gov/Archives/edgar/data/1720990/000119312524075463/d814200dpre14a.htm
PRELIMINARY PROXY STATEMENT—SUBJECT TO COMPLETION
NOTICE OF SPECIAL MEETING OF STOCKHOLDERS
[?], 2024
Dear Stockholder:
You are cordially invited to attend a special meeting of stockholders of Fisker Inc. (the “Company”). The special meeting will be held on Wednesday, April 24, 2024 at 8:00 a.m., Pacific Time, online via live webcast available at www.virtualshareholdermeeting.com/FSR2024SM2 (such meeting, including any adjournment or postponement thereof, the “Special Meeting”) for the following purposes:
1. To approve, for purposes of the rules of the New York Stock Exchange (the “NYSE”), the potential issuance of more than 19.99% of the outstanding shares of Class A Common Stock, par value $0.00001 per share (the “Class A Common Stock”), upon conversion of the 2024 Notes as described below (the “Stock Issuance Proposal”);
2. To adopt an amendment to the Company’s Second Amended and Restated Certificate of Incorporation, as amended (the “Charter”) to increase the total number of shares of Class A Common Stock that the Company will have authority to issue from 2,000,000,000 shares to 4,000,000,000 shares (the “Authorized Shares Proposal”); and
3. To adopt an amendment to our Charter to, at the discretion of our Board of Directors (the “Board”), effect a reverse stock split (the “Reverse Stock Split”) with respect to our issued and outstanding Class A Common Stock and Class B common stock, par value $0.00001 per share (“Class B Common Stock”, and together with the Class A Common Stock, the “Common Stock”), and any Common Stock held by the Company as treasury shares, at any time prior to December 31, 2024, at a ratio of 1-for-10 to 1-for-50 (the “Range”), with the ratio within such Range to be determined at the discretion of the Board without further approval or authorization of our stockholders and included in a public announcement (the “Reverse Stock Split Proposal”, and, collectively with the Stock Issuance Proposal and the Authorized Shares Proposal, the “Proposals”).
The forms of amendments implementing the Authorized Shares Proposal and the Reverse Stock Split Proposal are attached to this proxy statement as Annex A and Annex B, respectively.
The Reverse Stock Split Proposal is being submitted to the Company’s stockholders in order to increase the trading price of our Class A Common Stock to meet the minimum per share price requirement for continued listing on the NYSE.
The Stock Issuance Proposal and the Authorized Share Proposal are being submitted to the Company’s stockholders in connection with the transaction described below, which contemplates potential issuances of additional shares of Class A Common Stock by the Company upon conversion of the 2024 Notes (as defined below), which would require approval of our stockholders pursuant to Section 312.03 of the NYSE Listing Manual.
On March 18, 2024, the Company entered into a financing commitment and term sheet (the “Commitment”) with an investor (the “Investor”) providing for the sale of up to $166.67 million in aggregate principal amount of senior secured convertible notes (the “2024 Notes”). The 2024 Notes will have a 10% original issue discount for gross proceeds of up to $150 million (the “Investment Amount”).
The 2024 Notes will be sold pursuant to a definitive securities purchase agreement (the “SPA”) and issued in four tranches, with the first tranche (the “First Tranche”) in an investment amount equal to $35 million and the remaining three tranches (each, an “Additional Draw”) in equal amounts up to the Investment Amount. The Company expects to enter into the SPA (such date, the “SPA Signing Date”) and enter into the First
Nicely played Profit
I never did play AG or GATO since Feb. Damn
You have to give credit and appreciate how these guys are going about this. Wish more companies would follow suit
GM. Smart move on their part
National debt is fast becoming the thorn in the side of the American economy that nobody wants to extract—and it will continue to cause damage, sending the U.S. into financial crisis and 10 years of stagnation.
https://www.yahoo.com/finance/news/america-left-severe-irreversible-scars-113555033.html
Clinton on the border
interesting. If it doesn't happen by sunday then monday it should bounce. Not sure it stops them but the perception will be it does
CBMJ. post on RLTR. Interesting.......took a small position
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174077781
immigration judges. Lawmakers ask why the Biden administration won't let immigration judges talk to the media
https://www.yahoo.com/news/lawmakers-ask-why-biden-administration-190009661.html
WASHINGTON — President Joe Biden’s Justice Department has ordered leaders of the immigration judges union to seek supervisor permission before speaking, which some lawmakers and union leaders see as a move to silence critics of border policy despite Biden saying he is the "most pro-union president" ever.
Lawmakers on both sides of the aisle — from GOP firebrand Rep. Jim Jordan of Ohio., to Progressive Caucus Chair Rep. Pramila Jayapal, D-Wash. — are hounding the administration about its decision, with the issue of immigration and the crisis at the southern border front and center in the months leading up to a critical presidential election.
RLTR. Interesting.......
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174077781
SPZI. Love this part......."The financials for 2022 and 2023 have been prepared to accelerate the audit. To be disclosed in the very near future will be the shipping and delivery of chicken paws, sugar, and more to enable the Company to report these substantial revenues for 2024 and the following years."
Was behind on it. now green. I still own too much.
Flipped my .0051s from yesterday
Heck of a recovery from yesterday
SPZI. Certainly was