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Apparently you only read one part and skipped the rest of my post. Typical.
Absolutely, buddymark. It's easy to get sucked into that "sky is falling" scenario because pinks ARE risky investments and most do fade away with investors money so that gives some guys a little bit of credibility. But if people can't tell by now that LAHO (GSCG) is a unicorn then they just don't want to see it IMO.
GL
IMO...LAHO quicky agreed to the suspension and revocation to freeze the price at current levels. This prevents the fear-mongering from forcing the price into the ground if it the greys. Nice chess move if you ask me. This will re-open back in the pinks and our shares are safe. We can relax and enjoy our weekend.
GL2U and all here
I agree man... just hang on and block out the noise. There's a chess match in progress. I'm soooooo worried right now, I'm at the airport headed to Vegas. Lol.
GL2U and all
Delinquent filings aside, the speed at which certain agencies are moving to bury this stock is more concerning to me. Yeah LAHO did allow itself to get in this situation so they are ultimately the blame, I get it but there's a hint of a coordinated effort to completely wipe this stock from the market. I wouldn't be surprised if the brokers started eliminating positions from trader's accounts since it's revoked before the shares are even re-register. All IMO of course but something's not quite right here. We shall see
GLA we're going to need it
Yes Paul. When you think about it, the 4 billion shares was a concern for some here and had to be addressed eventually to uplist. The suspension and subsequent revocation was not planned but forced an obvious change of plans. I still think we're golden though despite how it looks. We're all in a holding pattern for now but if true it is a stroke of genius. GL
I agree that the steps taken were intentional. The PR stated that they agreed to accept the SECs recommendations which is why this is revoked prior to the expiration of the suspension. My guess is the merger goes through, they re-register the shares with a modified (potentially smaller) share structure thus eliminating the need for a RS then immediately uplist to the OTCQB or OTCQX exchange under GC when it trades again. Higher valuation for sure...IMO. Despite today's news, I still don't think we're dead yet.
GLA
That's too funny... Haha
Delinquent filings happens to a lot of companies but I'd like to know the one piece of evidence (circumstantial or otherwise) that you can provide that shows this company has been scamming people out of their money. Please post some proof for once. I'd like to know just one.
Thanks in advance..... I'll be waiting
"Temporarily Suspension ". And that's from the SEC itself. Further inaction on the part of LAHO could potentially result in revocation but we're not there...... yet. So post accurate and not misleading information please.
Thanks in advance GL2U
At this point, who cares if they get left behind? There is a ton of DD that shows them this is heading up big time. People are still stuck on the suspension even though LAHO is quickly rectifying that issue. They have nothing else to offer but hey if you're gonna do one thing then at least do it well.
GL2U
No worries, JanetC and thanks again for your insight.
GL2U
I tend to agree, JanetC. Thank you for your insight and your effort.
GL2U and All.
5 days and counting......
The longs know what we own that's why we're holding. There's plenty of DD to support our stance. It's the "others" that are squirming night and day clinging on the suspension but nothing more or anything of substance to offer. Nice try though. GL
Now you want a New York Times editorial published on this supposed scam? Man this is deep in the bag of tricks. Hey why not a 20/20 special? Haha. The suppression efforts are losing steam and fast. Now who is desperate?
GL anyways
Yes I've noticed. I'm glad I do my own DD. I've been here since trip 6s and not going anywhere anytime soon despite what's said here. There aren't many shares left and no one is getting mine esp @ current prices. We can talk around .10 lol
GL
Let me clarify. Delinquent filings are quickly becoming old news and will be rectified (fixed) in short order. LAHO is still moving moving forward and now has even more interest than it did previously but available shares are limited. Even "if" the PPS dips, it won't be by much and won't be for long IMO. There's way too much money on the line here and the CEO also said that he has people that are heavily invested as well. Failure is not an option. Green is coming.... with a "Cherry" on top.
GL2U....NOT
That's your opinion and you're entitled to it just like everyone else. While LAHO keeps putting out new developments constantly, some are still stuck on the suspension which will get fixed (probably already fixed by now). A $100 million company will not fold just like that. The FOMO is real and it will propel this to new heights. IMO. Get in or get left.
GL2U AND ALL
Don't underestimate the power of supply and demand. There's no telling how high this can go with the amount of interest we have here and lack of available shares. Stay tuned friend.
GL2U and All invested
There better be trading activity because the SEC is shutting down a lot of tickers and this could be next
Chaka, come on now. These young guys might not know who Cindy Crawford is.
Sounds like a matched trade for trade on the greys to me. Excellent idea
I think the PR also said that they have people who are "heavily invested" in the success of this merger as well. It'd be foolish to think this just folds and are never heard from again. The attacks on this company is unreal.... on a pink no less!!! IMO that means hold.
GL2U and all..... still holding
I agree. I had already heard about the massive short position that's being held in LAHO. They were hoping for this to go bankrupt so that don't have to cover but the pop in price made them nervous. Some lead people to believe that you cant short pinks but that's not true. It's costly but not impossible. Traders flip short just like traders flip long. A major player or players were caught short IMO and became a whistleblower. LAHO left the door open with untimely filings but they didn't rollover as expected. Now some are on their last leg and running out of excuses here. They're spewing the same copy and paste messages that are becoming more and more ineffective. This is gonna get really interesting real soon.
Still long...GL2U and All
For all those that claimed they've never seen a stock come back from the grave (greys)...... BEHOLD LAHO!!!!!
GL2U AND ALL HERE
BOOOOOM!!!!!!! Hahaha
Also a fair comment and yes it's been mentioned countless times day and night non- stop since the suspension. LAHO left the door open for this to happen and people constantly remind us of that. Hopefully it will be corrected soon so we all can move on.
GL2U and all here
You might wanna check edgar again then because it does state "accepted" on the filing but you're entitled to your opinion just like everyone else. Good luck
The SEC has always had the correct Florida address as evidenced in the acceptance of the 2017 8k. It's the same as the 2019 10k.....GLA here
Holding steady here at the open. Looks good @ 46.... lol
I think we all got the point that they didn't file on time. That's why they're suspended. They've actually got a long history of late filings so that's a small victory for those bet against pinks. But my question is why is the address an issue now when it was valid before?
GLA
What's interesting is the fact that on the SECs own website apparently there was an issue with not only timely filing but a failure to maintain a valid address when they supposedly sent notices but the recent 8Ks of 2019 and the 10Qs from 2017 (which the SEC accepted) have the same address. So has the Miami location changed or am I missing something? I also added a short copy of the suspension notice.
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
September 5, 2019
In the Matter of
Lans Holdings, Inc. and
Momentous Entertainment Group, Inc.,
File No. 500-1
ORDER OF SUSPENSION OF
TRADING
It appears to the Securities and Exchange Commission (“Commission”) that there is a
lack of current and accurate information concerning the securities of Lans Holdings, Inc.
(“LAHO1
”) (CIK No. 1422059), a Nevada corporation located in Miami, Florida with a class of
securities registered with the Commission pursuant to Securities Exchange Act of 1934
("Exchange Act") Section 12(g) because it is delinquent in its periodic filings with the
Commission, having not filed any periodic reports since it filed a Form 10-Q for the period
ended August 31, 2017. On March 28, 2019, the Commission’s Division of Corporation Finance
(“Corporation Finance”) sent a delinquency letter to LAHO requesting compliance with its
periodic filing requirements, but LAHO did not receive the delinquency letter due to its failure to
maintain a valid address on file with the Commission as required by Commission rules (Rule 301
of Regulation S-T, 17 C.F.R. Section 232.301 and Section 5.4 of EDGAR Filer Manual). As of
August 16, 2019, the common stock of LAHO was quoted on OTC Link operated by OTC
Markets Group Inc. (formerly “Pink Sheets”) (“OTC Link”), had eight market makers, and was
eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).
Of course they forget. Remember the grey market is where stocks go to die so using their logic, I expect Facebook and Twitter to get revoked very soon. It's inevitable supposedly.
GLA
Actually it is....a 10 day "temporary suspension" is a deadline.
GLA
Yeah they skip over the obvious scams as well. The ones with 100 billion shares that R/S multiple times with rinse and repeat tactics, no clear business model and the same CEOs showing up on multiple tickers. This clearly had a lot of attention and it caught the eye of the SEC as well. Kinda like shutting your power off anyways when they knew you were on the way to make a payment. Sad....IMO.
GLA
I've been seeing the "robbing the bank" scenario posted a lot here but this is nothing like that. This is more likely compared to "driving without insurance". LAHO is "temporarily suspended ". Just like not having insurance, LAHO has to get current within a specific time frame or risk being revoked permanently. For sure once you're caught, you're given a ticket and a court date but in most if not all cases if you provide insurance then u pay a fine, you're rates may go up but you're certainly not prevented from ever driving again. This is certainly not a life sentence like robbing a bank. Yes this is bad but it'll only get worse if they ignore it. IMO
GL2U and all invested
The point is if GS has the money then LAHO has the money. After all they were set to merge. Apparently somebody did the "due diligence" and were aware of the need to get current but they still entered into the agreement anyways. Then they locked up the agreement with a binding LOI. This is deeper than just filings IMO. This stock had major hype surrounding it. It stood out from all the other bottom dwellers that sit @ .0001 for years with no movement and wasn't suspended. They jumped on this one just days before the company "publically" stated they were submitting paperwork to go current. Had the SEC just waited a few more days, there would've been no need to go through the suspension process. Hell they already waited 2 yrs. What's a few more days? This is a set back and highly suspicious but If this is legit then somebody should be working around the clock to get this straight.
GLA....
Although the suspension and grey market is a stain on the company it doesn't actually have to be a death sentence especially for a company generating $100 mil in revenue.
https://www.extraordinaryinvestor.com/grey-sheets.html
PSIQ and UPPR both were suspended a couple months ago and took a minor hit but are still moving forward. In some instances the price could actually trade higher. Not necessarily the 80%-90% dump some are suggesting. If the company is legit, it'll pull through this. Having a footprint in a billion dollar industry doesn't fold and close shop just like that. There were a lot of eyes on this and a lot of money in it. The FOMO was going to push this parabolic so I still question the suspicious timing of this suspension a few days away from them actually filling. If the SEC was aware of the hype around this stock then they were aware of the date that this company was going to submit their filings. This was the ultimate tree shaking for shares. IMO of course. Couldn't have too many millionaires being made overnight. Nothing we can do about it but wait and see at this point.
GLA
Not sure how you got your order in to sell when "No" transactions are being accepted due to the suspension. I just tried it twice and got rejected.... twice. Good luck though
That was my point. I still have stocks that's sitting @ .0001 and have been for years with no SEC intervention but for this one they are all over it supposedly in investors best interest. There's more to this than just filings IMO. And yes I too got screwed.