Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nice to see you here trademax42
Here is a opinion I saw on SYSX, that I agree with, if the company decides to go this route:
“Is this setting up for a triangular merger involving SYSX - SYSX SPAC SUB- Ostendo ?
This would be one way for SYSX to go directly to Nasdaq. They don't have to do a direct offering..gets them to Nasdaq.. gets Ostendo off the hook...no need to register with SEC or disclose financials... no need for immediate valuation. One of the directors of SYSX now sits on the board of a SPAC.
If it does go this route, current SYSX shareholders will see a substantial return in any event... can't loose at this stage of the game in my opinion...providing MC stays realistic in the eyes of the market
Share structure post mergers and the conv ratio would depend on amount of private equity raised for the SPAC ....how many shares offered to investors in initial offering ... and initial market cap. After that it's all perceived valuation and market sentiment
No IPO from Ostendo..to late in the game now...SYSX has to many shares and is OTC...not realistic for direct reverse merger...If SYSX has formed a subsidiary SPAC with funding from Bigger..Ostendo can merge with it and then SYSX can merge with its SPAC and go Nasdaq
Ostendo shares and SYSX shares would auto convert upon merger with SPAC respectively to reflect the $10.00 opening share price”
Mark Grado is all over the HUMBL annual filing ending 12/31/21 and published 03/31/22…..converting preferred Bs to commons to the tune of 8167 preferred Bs equivalent to 81,670,000 common shares
Mark Grado:
Issued:
02/26/21 Issuance 56,079 preferred Bs for Merger
Converted:
12/26/21 2000 preferred Bs = 20,000,000 common shares
01/27/22 2803 preferred Bs = 28,030,000 common shares
03/02/22 3364 preferred Bs = 33,640,000 common shares
It’s at 30 hope to see it push through and stay above 30
No it’s just GS and his BS
I’ll say the same thing I typed a minute ago just read it and that’s that thanks
And yes I know no one can fix a restriction…. I didn’t ask for a fix what my originally post stated was basically hey heads up can’t buy on TDAMERITRADE and then because I said I couldn’t buy on Etrade but would be able to mid week I never said I couldn’t buy NSAV on Etrade what I said was I could buy until mid week….exactly why I said I pulled my funds to buy on TDAMERITRADE to find out I could because of the DTC chill….clarification is done. Made people aware that weren’t about TDAMERITRADE and said the reason why I couldn’t buy on Etrade. Done deal. Moving on.
Omfg learn how to read I said I can’t trade on Etrade
To find out I couldn’t * that’s that
And yes I know no one can fix a restriction…. I didn’t ask for a fix what my originally post stated was basically hey heads up can’t buy on TDAMERITRADE and then because I said I couldn’t buy on Etrade but would be able to mid week I never said I couldn’t buy NSAV on Etrade what I said was I could buy until mid week….exactly why I said I pulled my funds to buy on TDAMERITRADE to find out I could because of the DTC chill….clarification is done. Made people aware that weren’t about TDAMERITRADE and said the reason why I couldn’t buy on Etrade. Done deal. Moving on.
I don’t mean I can’t buy NSAV with them I meant I can’t buy any stock with them right now my account is restricted which is why I pulled my money to TDAmeritrade thinking I could buy there to find out I can’t and my restriction comes off mid week next week is what I was saying….
Yes I have a issue with Etrade right now that I can’t buy with them until mid week next week so I literally pulled all my money from them and put it into my TDAmeritrade account only to see that I couldn’t buy it since it showed restricted and then talked to a agent and they told me the whole DTC chill stuff so yeah that’s that
Yeah that is exactly what they told me as well once I get some things straight with Etrade if NSAV hasn’t shot past 20 cents by mid week next week hopefully I’ll be able to just buy over there
Okay thank you I appreciate that
I mean can it be traded on another platform other than Etrade?
I am unable to trade on Etrade right now that’s why I went over to my TDAmeritrade is it just TDAmeritrade blocking this?
How do you get around that with TDAMERITRADE in order to buy NSAV?
Every time I went to buy it today it said opening transactions for this security is not accepted so I chatted with a agent and they told me what I just sent in the prior message and I was not able to buy NSAV
I’m not a basher just thought I would let people know what TDAmeritrade has done with NSAV- I’m hoping they will lift it ASAP!
This is exactly what I was told:
Opening orders for NSAV are not currently allowed at TD Ameritrade because it is on a DTC chill. When a stock is under DTC Chill only closing transactions are accepted for the security. This decision has an industry-wide effect and will restrict a firm’s ability to transfer the shares through the DTCC until the security's issues are cleared up or it ceases trading on the market. Regrettably, until we have confirmation the DTC Chill is lifted, our policy is that trading on this security will remain restricted. Please contact the Trade Desk at 800-672-2098 with any further questions. ^GG
TDAMERITRADE has a DTC chill on NSAV I tried to buy it today and was not able to
I agree
Most definitely
Resistance at .1617 then we fly imo
Named Sigh
You are welcome and yes that’s my cat named sign from back in 2014 but I have 3 cats now lol and yes definitely do what you feel is best and what will make you the most money definitely big day tomorrow glty
I have both- I hope that helps
I think both are good but RGBPP has only 800 million AS and 414 OS which it will get locked up faster IMO which will push it higher quicker but I know a lot of interest is going on with RGBP but they have more shares so they do require more volume since they have 4.8 billion AS and 2.9 billion OS although both are the same they are both very different when it comes to the AS and OS
RGBPP board now on Stocktwits
I’m in both but as I posted previously preferreds have less OS which is why I think they are at a higher pps and as you stated went up higher on Friday and I think will continue that trend but currently yes you can get more commons since the pps is currently lower both are good to have so I say buy both
And I understand what you are saying
Both have great value both are going up since they are the same stock just one common one preferred I was just stating in my original post that people were getting confused between the two- kept seeing it on Twitter people asking about the difference between the two so I thought I’d post my original message to inform people that one is common and one is preferred (both are still on the same team being the same stock just common & preferred) and the value was my opinion- if I knew it would be a thing like this I wouldn’t have even posted it
I was asked a question so I answered it. And that is on topic....commons and preferred duh
Both commons and preferred shares are great though but hopefully that answers it
Because it has 1/7th the SS. $RGBP 2.9 Billion OS $RGBPP 414 Mil OS which makes it worth 7x more all of course IMO
And I was saying I wasn’t aware of any of that talking about the person that is a fake bull that you mentioned I wasn’t saying that I don’t understand the stock Like seriously come on now
What are you talking about I have no issue with what I own and what I know on this stock or the other stock I was trying to help others out hopefully you now can understand my post And if you can’t that’s your own personal problem
I wasn’t aware of any of that as I own both stocks RGBP & RGBPP I was just trying to clarify the difference of them for anyone that isn’t familiar as to which are common vs preferred and the value (the 7x from RGBP docs)
It seems people are getting confused over whether they should buy RGBP or RGBPP And it seems that confusion may make people only buy RGBP and not as much RGBPP- for anyone new to this RGBP is the commons shares and RGBPP is the preferred shares (which should be 7x higher from the price of RGBP)
It seems people are getting confused over whether they should buy RGBP or RGBPP And it seems that confusion may make people only buy RGBP and not as much RGBPP- for anyone new to this RGBP is the commons shares and RGBPP is the preferred shares (which should be 7x higher from the price of RGBP)