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NVDA moves the markets on a need basis a little pumping by PPT team headed by Yellen and up up and away she goes. No bew necessary, unless you want to make up some like sales are great again. Re fabricate regurgitate old news..
The "Plunge Protection Team" (PPT) is a colloquial name given to the Working Group on Financial Markets. Created in 1988 to provide financial and economic lifts to the S&P 500.
Critics fear the Plunge Protection Team doesn't just advise, but actively intervenes to prop up stock prices—colluding with banks to rig the market, in effect.
The Plunge Protection Team, composed of high-ranking government financial officials, reports directly and privately to the president of the United States.
NVDL $52s out at $58 thanks PPT Yellen and Powell NVDA $121 pumpathon complete
NVDL $52s gobble gobble
Breaks .90 solid then 1.02 is next. I’m out just if staying in
All out .86 was resistance and not broken. So made quick 6%
Get past .58 solid then .72 ..in some ready for pumpathon
I disagree to $GRI.. pump time readiness GRI-0621 is currently being evaluated in a Phase 2a biomarker study and expects to report interim data in Q4 2024 and topline data in Q1 2025.
About GRI Bio, Inc.
GRI Bio is a clinical-stage biopharmaceutical company focused on fundamentally changing the way inflammatory, fibrotic and autoimmune diseases are treated. GRI Bio’s therapies are designed to target the activity of NKT cells, which are key regulators earlier in the inflammatory cascade, to interrupt disease progression and restore the immune system to homeostasis. NKT cells are innate-like T cells that share properties of both NK and T cells and are a functional link between the innate and adaptive immune responses. Type 1 invariant (iNKT) cells play a critical role in propagating the injury, inflammatory response, and fibrosis observed in inflammatory and fibrotic indications. GRI Bio’s lead program, GRI-0621, is an inhibitor of iNKT cell activity and is being developed as a novel oral therapeutic for the treatment of idiopathic pulmonary fibrosis, a serious disease with significant unmet need. The Company is also developing a pipeline of novel type 2 NKT agonists for the treatment of systemic lupus erythematosus. Additionally, with a library of over 500 proprietary compounds, GRI Bio has the ability to fuel a growing pipeline.
Lots of Chinese pumps coming every year China does QE stimulus pump of markets right before China Singles Day…https://www.calendarpedia.com/when-is/singles-day.html
XChange TEC.INC Announces Entry into $25.0 Million Committed Equity Facility with VG Master Fund SPC
Source: PR Newswire (US)
SHANGHAI, Sept. 24, 2024 /PRNewswire/ -- XChange TEC.INC (NASDAQ: XHG) (the "Company"), today announced that on September 24, 2024, the Company entered into a Securities Purchase Agreement with VG Master Fund SPC ("VG") pursuant to which the Company may from time to time sell VG up to $25.0 million of American Depositary Shares ("ADSs") with each ADSs representing 600,000 of the Company's Class A Ordinary Shares. The timing of any such sales, are solely at the Company's option, and the Company is under no obligation to sell any securities to VG under the Purchase Agreement.
The offering and sale of the ADSs by the Company to VG pursuant to the Purchase Agreement has been registered pursuant to a prospectus supplement, which was filed by the Company with the Securities and Exchange Commission (the "SEC") on September 24, 2024, to a shelf registration statement on Form F-3 (File No. 333-258187), which was filed with the SEC on September 29, 2022 and declared effective on October 26, 2022.
About XChange TEC.INC
XChange TEC.INC, through its subsidiaries and consolidated variable interest entities, operates insurance agency and insurance technology business. The insurance agency is PRC-licensed and operates nationwide in the PRC with a wide range of insurance products underwritten by major insurance companies, including industry leading and/or state-owned property and casualty insurance companies as well as certain regional property and casualty insurance companies in China. The insurance technology business is focused on operating and developing insurance technology in the PRC, including developing SaaS platform to connect consumers and underwriting support.
CAPR 7.96 resistance and 30m float so now all those shares have to churn but shareholders taking profit after a long wait
$8.15 next resistance
Wow pumped to .50 next would have been .73 resistance but looks like dilution and shafting shareholders next
PPT team rules NVDA back to $125 soon enough. The "Plunge Protection Team" (PPT) is a colloquial name given to the Working Group on Financial Markets. Created in 1988 to provide financial and economic lifts to the S&P 500.
Critics fear the Plunge Protection Team doesn't just advise, but actively intervenes to prop up stock prices—colluding with banks to rig the market, in effect.
The Plunge Protection Team, composed of high-ranking government financial officials, reports directly and privately to the president of the United States.
UVIX hit $3s soon SVIX better choice
NVDL $53s good entry in some. Wrong look at China stocks being pumped this week. PPT team about to send NVDA back to $125 soon enough.
? the Company agreed to convert all of Veru’s shares of Series A Preferred Stock of the Company into shares of Common Stock (the “Conversion Shares”). The Company If the aggregate unpaid principal outstanding under the April Veru Note and the September Veru Note and all accrued and unpaid interest thereon is repaid in cash on or before December 31, 2024, then the total principal balance under the September Veru Note that will be payable by the Company in satisfaction of its obligations under the September Veru Note will be reduced from $5,000,000 to $3,500,000.
Further, the Company has agreed that immediately after obtaining stockholder approval for its reverse stock split proposal at the Company’s Annual Meeting of Stockholders held on September 5, 2024, and having effectuated a reverse stock split of its outstanding shares of Common Stock and the conversion of all Series B Preferred Stock of the Company into shares of Common Stock, the Company agreed to convert all of Veru’s shares of Series A Preferred Stock of the Company into shares of Common Stock (the “Conversion Shares”). The Company has agreed that following the first anniversary of the issuance of the Series A Preferred Stock of the Company, the Company shall cause the Conversion Shares to not have any legend or other restrictions on transfer under the Securities Act of 1933.
The Company has additionally agreed to reimburse Veru for its out-of-pocket expenses, including legal fees, up to $7,500 in connection with the negotiation and execution of the A&R Forbearance Agreement.
On September 19, 2024, the Company entered into an Amended and Restated Forbearance Agreement with Veru (the “A&R Forbearance Agreement”) which amends and restates the Original Forbearance Agreement in its entirety. Pursuant to the A&R Forbearance Agreement, Veru will forbear from exercising its rights under both the April Veru Note and the September Veru Note, subject to the terms and conditions set forth below.
Pursuant to the A&R Forbearance Agreement, the April 2024 Forbearance Period continues to end on the earlier of (a) March 31, 2025 and (b) the occurrence of an Event of Default (as defined in the A&R Forbearance Agreement). The A&R Forbearance Agreement also extends the due date for the September Veru Note until the earlier to occur of: (i) June 30, 2025 or (ii) the occurrence of any Event of Default. The A&R Forbearance Agreement also effected certain modifications to the payment terms in the Original Forbearance Agreement and amended certain terms of the September Veru Note as summarized below.
Pursuant to the A&R Forbearance Agreement, the Company agreed to make the following required payments (the “Required Payments”) during the April 2024 Forbearance Period first to accrued and unpaid interest under the April Veru Note and then any remainder to the outstanding principal amount of the April Veru Note:
? Interest at the rate of 10% per annum shall accrue on any unpaid principal balance of the April Veru commencing on April 20, 2024 through the date that the outstanding principal balance under the April Veru Note is paid in full;
? monthly payments equal to 25% (increased from 15% in the Original Forbearance Agreement) of (i) the monthly cash receipts of Proteomedix for the licensing or sale of any products or services, (ii) monthly cash receipts of the Company or any of its subsidiaries for the sales of Proclarix anywhere in the world, and (iii) monthly cash receipts of the Company or any of its subsidiaries for milestone payments or royalties from Labcorp cash receipts of the Company or its subsidiaries from certain sale or licensing revenues or payments (the Ordinary Cash Revenue”), which increased amount shall begin on October 20, 2024 for cash receipts in September 2024;
? payment of 20% (increased from 10% in the Original Forbearance Agreement) of the net proceeds from certain financing or other transactions outside the ordinary course of business completed by the Company or any of its subsidiaries during the April 2024 Forbearance Period, which increased amount will begin for any net proceeds received after September 19, 2024;
? 15% of the Ordinary Cash Revenue generated in August 2024 shall be due to Veru on September 26, 2024; and
? The remaining balance of the April Veru Note will be due at the end of the April 2024 Forbearance Period.
1
The Company and Veru also agreed to the following amendments to the September Veru Note in the A&R Forbearance Agreement:
? As noted above, an extension of the maturity date to June 30, 2025;
? The accrual of interest at the rate of 10% per annum on any unpaid principal balance of the September Veru Note commencing on October 1, 2024 through the date that the outstanding principal balance under the September Veru Note is paid in full;
? Any amounts owed on the September Veru Note, including but not limited to unpaid principal and accrued interest, will be paid in cash or, upon the mutual written consent of Veru and the Company, in shares of the Company’s common stock or a combination of cash and the Company’s common stock;
? Following full repayment of all principal and interest under the April Veru Note, the Company will make the Required Payments first towards accrued and unpaid interest under the September Veru Note and then towards the remaining principal balance payable under the September Veru Note;
? If the aggregate unpaid principal outstanding under the April Veru Note and the September Veru Note and all accrued and unpaid interest thereon is repaid in cash on or before December 31, 2024, then the total principal balance under the September Veru Note that will be payable by the Company in satisfaction of its obligations under the September Veru Note will be reduced from $5,000,000 to $3,500,000.
Further, the Company has agreed that immediately after obtaining stockholder approval for its reverse stock split proposal at the Company’s Annual Meeting of Stockholders held on September 5, 2024, and having effectuated a reverse stock split of its outstanding shares of Common Stock and the conversion of all Series B Preferred Stock of the Company into shares of Common Stock, the Company agreed to convert all of Veru’s shares of Series A Preferred Stock of the Company into shares of Common Stock (the “Conversion Shares”). The Company has agreed that following the first anniversary of the issuance of the Series A Preferred Stock of the Company, the Company shall cause the Conversion Shares to not have any legend or other restrictions on transfer under the Securities Act of 1933.
The Company has additionally agreed to reimburse Veru for its out-of-pocket expenses, including legal fees, up to $7,500 in connection with the negotiation and execution of the A&R Forbearance Agreement.
The foregoing description of the A&R Forbearance Agreement does not purport to be complete and is qualified in its entirety by the terms and conditions of the A&R Forbearance Agreement, a form of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference. For more information about the terms of the Original Forbearance Agreement, please see the Prior Form 8-K.
12:44 PM EDT, 09/20/2024 (MT Newswires) -- Onconetix (ONCO) said Friday that it will implement a 1-for-40 reverse stock split of its shares to help regain compliance with the minimum bid price requirement of $4.00 per share for initial listing on the Nasdaq Capital Market.
The shares will begin trading on a reverse stock split-adjusted basis on Sept. 24, the company said.
Watch for an entry ..reverse split completed. Let them beat it down first and then perhaps grab some
Pump it down now and get ready for next pump up helps chop sector once they start pumping it back to $117 again.
$10- $12 just a couple month back in July on ipo then furiously dumped. Pump and then quick dump to fleece shareholders again is highly probable. Don’t stick around too long
Kamala’s brother-in-law fleeced taxpayers for billions to give to left-wing groups and lawyers
https://nypost.com/2024/08/23/opinion/kamalas-brother-in-law-fleeced-taxpayers-for-billions-to-give-to-left-wing-groups-and-lawyers/
"It Changes The Math": Biden's Tariff Crackdown Throws Amazon And Walmart's Sneaky China Plans Into Chaos
Under mounting pressure from Chinese retail giants like Shein and Temu, American behemoths Amazon and Walmart have been cooking up a scheme to dodge tariffs and slash costs - but a new move by the Biden administration might just rain on their parade.
For months, these U.S. retailers have been quietly plotting to overhaul their business models, aiming to ship more goods directly from Chinese factories straight to your doorstep. By doing so, they'd cut out pricey U.S. warehouses and stores, all while skirting hefty tariffs using a little-known loophole in a century-old trade law.
Amazon has been preparing a new discount service that would ship products directly to consumers, allowing those goods to bypass tariffs.Credit...Octavio Jones for The New York Times
This loophole, known as "de minimis," lets importers bypass U.S. taxes and tariffs on shipments valued under $800. The result? Chinese platforms like Shein and Temu have been flooding the market with dirt-cheap products, leaving American companies scrambling to keep up.
But on Friday, the Biden administration threw a wrench in the works. In a surprise announcement, officials declared plans to slam the door on many Chinese imports exploiting the de minimis rule—especially clothing items. The crackdown aims to curb the tsunami of duty-free packages pouring into the country, predominantly from China.
While the changes won't happen overnight - the proposal will undergo industry scrutiny before finalization - the message is clear: The free ride is coming to an end, the NY Times reports.
Amazon had been gearing up to launch a discount service capitalizing on direct-to-consumer shipments from China, insiders revealed. Walmart, even if reluctant to shake up its model, felt the heat to consider similar tactics to stay competitive.
"It's get on board or get left behind," said Steve Story, executive vice president for customs and international trade at Apex Logistics International. "If you don't get online and embrace this, you're going to be overshadowed by Shein, Temu, and Alibaba."
Story admitted he's assisted Chinese sellers in dodging tariffs by shipping through Amazon's fulfillment centers, thanks to a 2020 customs ruling allowing Chinese firms to act as "non-resident importers." Essentially, they can send products tariff-free to themselves via Amazon warehouses scattered across the U.S.
Traditionally, retailers hauled shipping containers loaded with goods from China to U.S. ports, then trucked them to warehouses and stores before reaching consumers. Now, many are bypassing this route, opting to individually package and ship items directly from China under the de minimis rule. This method not only avoids tariffs but also skirts the need for extensive warehousing.
The numbers are staggering. Packages entering the U.S. under the de minimis rule have skyrocketed to over one billion in 2023, up from a mere 140 million a decade ago. China is the chief contributor, sending more packages than all other countries combined.
American businesses are pissed - saying that the rules create an uneven playing field since brands with U.S. stores and warehouses are subject to more in tariffs compared to those shipping directly to consumers.
"De minimis is like a big tax incentive the U.S. is giving you to take the job somewhere else," lamented Peter Bragdon, general counsel at Columbia Sportswear. "It changes the math."
Mike Hesse, CEO of Nebraska-based Blue Ox, which manufactures tow bars for RVs, discovered Chinese knockoffs of his products being sold on Amazon and slipping into the country via de minimis.
"They're a safety issue, plus consumers are duped into thinking they're buying an American-made product," Hesse fumed. "That's how de minimis is affecting me."
Traditionally, to bring goods into the country, retailers would arrange for a shipping container of products to be brought into U.S. ports from overseas.Credit...Kristen Zeis for The New York Times
Some companies have accused Chinese firms of dirty tricks, like falsifying invoices to sneak pricier items under the $800 threshold or faking shipping documents to send bulk goods duty-free.
Meanwhile, some retailers have shifted warehouses to Canada or Mexico. From there, they can swiftly and legally ship items duty-free into the U.S. when orders roll in - taking more American jobs with them.
As the Biden administration tightens the screws on de minimis shipments from China, fears are mounting that imports from our neighbors might surge as companies look for new loopholes.
Even Chinese giants are bracing for impact. Shein says it's open to reforming the tariff exemption and will adapt to keep customers happy. Temu has started highlighting products from "local warehouses," a move seen as hedging against regulatory changes.
"This is clearly a strategic move to limit exposure to any regulatory shifts," noted Juozas Kaziukenas, founder of e-commerce intelligence firm Marketplace Pulse.
All eyes are now on Washington. While lawmakers on both sides of the aisle have floated proposals to narrow the de minimis exemption, it's uncertain whether they'll rally behind a unified plan.
"The reason we really would like to see certainty is so everybody can plan business accordingly," said Donald Tang, executive chairman of Shein, just a day before the administration's bombshell announcement. "If everything is hanging in the middle... it's not good for the business planning process."
For Amazon, Walmart, and countless others, the race is on to adapt—or risk being left in the dust.
Couldn’t even hold .30 dilution is the only solution reverse split again in near future
.40 + 75%
Pump me up and then dump me into dilution later
Pump me up early all is well
Pump me up
$4.28 + 50% Give me a heart beat 700k floater
Small float 600k but $1.90 resistance uncles plans going to $4.70s
Pump me up educationally
First Quarter 2025 Financial Results
Total net revenues for the first quarter increased 115.6% to $29.6 million compared to $13.8 million in the same period last fiscal year. The increase was primarily driven by the inclusion of revenues from the Company’s newly acquired subsidiary, Lee Lee Oriental Supermart, Inc. (“Lee Lee”) (acquired in April 2024), totaling $18.2 million.
Net revenues from perishable goods for the first quarter increased 96.7% to $15.2 million compared to $7.7 million in the same period last fiscal year. Net revenues from non-perishable goods for the first quarter increased 139.8% to $14.5 million compared to $6.0 million in the same period last fiscal year.
Total cost of revenues for the first quarter was $21.4 million compared to $10.6 million in the same period last fiscal year. The increase was primarily due to the Lee Lee acquisition, which increased the Company’s cost of revenues by $12.3 million; this was partly offset by decreased cost of revenues from the Company’s four California-based supermarkets by $1.6 million.
Gross profit for the first quarter was $8.3 million, while gross margin was 27.9%. Gross profit for the same period last fiscal year was $3.1 million, while gross margin was 22.6%. The increase was primarily due to the higher gross profit from the Lee Lee stores. Boasting three sizable stores, Lee Lee is one of the largest international markets in Arizona and offers authentic flavors and exotic products from over 30 countries and regions, featuring a wide variety of foods that are difficult to find in other local supermarkets.
Net income attributable to Maison Solutions for the first quarter was approximately $700,000, compared to a net loss of approximately $105,000 for the same period last fiscal year. The increase was primarily due to the aforementioned reasons above around the increases in revenue and gross profit.
Fiscal Year 2025 Guidance
The Company is reiterating the following guidance for fiscal year 2025:
? Revenues between $120 million and $125 million
? Net income positive
For more information regarding Maison Solution’s financial results, including financial tables, please see our Form 10-Q for the first quarter ended July 31, 2024, filed with the U.S. Securities and Exchange Commission (the “SEC”). The Company’s SEC filings can be found on the SEC’s website at https://www.sec.gov/ or the Company’s investor relations site at https://investors.maisonsolutionsinc.com/.
About Maison Solutions Inc.
Maison Solutions Inc. is a U.S.-based specialty grocery retailer offering traditional Asian food and merchandise, particularly to members of Asian-American communities. The Company is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while al
Pump me up
$5.84 + 15% Tuesday, September 24, 2024 at 8:30 a.m. ET to provide an update on its Duchenne muscular dystrophy (DMD) program. The update will consist of the latest regulatory updates following the Company's recent meetings with the U.S. Food and Drug Administration (FDA).Click here for full release.
$6s It’s getting a nuclear pump Constellation Energy and Microsoft going radioactive soon
Pump it 01:20 PM EDT, 09/23/2024 (MT Newswires) -- Markforged Holding (MKFG) said Monday it reached a $25 million settlement in a patent infringement lawsuit brought by Continuous Composites in 2021.
Needed to break 6.81 to 7.14 for 4 hour candle not going to happen profit taking next
Russell 2000 starting to turn bearish just a bunch of small cap companies (90%) screwing over there shareholders by doing offerings dilution and reverse splits. How many more reverse splits can these money losing companies do. Not much more for sure
9.90 to 10.70 is probably dump zone unless 10.93 to 12 hits
Bet you pumps it dumps quickly
Wager 10 to 1..lol. Don’t stay here long
In the green new average 4.27 $$$$. Money velocity getting killed in the markets. CEO and executives dumping stocks hand over fists only some retail pension funds 401ks and PPT team left to pump the markets
OCTOvate a little pump on 1m float and then the dump
Average down with 4.22s for the flip