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I will come back to this post on Monday... you think its going to be 9+ a share on Monday?!?!
Lol only way that happens is with a 1 for 20 split.
It is most definitely a reverse split
How is is nonsense? He said it would be mailed on or about january 7. It was mailed on january 30th? How is that not a missed deadline?
If there is a 1 for 5 then if you owned 5 shares before then you would now own only 1 share. Or if you owned 100000 shares you would then own 20,000 after the split.
That would be today.
I’m not sure what your point is.... that’s just another missed deadline by Rory.
The fact that is was mailed to shareholders overnight last night indicates that the RS is imminent.
Then why didn’t he do that in the first place? Why take a toxic loan?
Yes, that was my gist.
It was my understanding the acquisition had to close by april or they would be in default. If they miss the February deadline it puts them dangerously close to missing the acquisition by the april deadline.
The one where they borrowed 1.5 million and claimed it was for bridge financing to close the Sound Concepts acquisition which we later found out wasn’t entirely truthful since they used that money for other things:
The original principal amount of the Note is $1,500,000, of which we received $1,350,000 in gross proceeds, as the Note contained an original issue discount (“OID”) of 10%, or $150,000. Other than in connection with the OID, the Note does not bear interest. The maturity date of the Note is April 19, 2019. The Note also provides for a mandatory prepayment, as follows. In the event that we consummate our potential “Public Offering,” then, within three business days after the closing thereof, we are to repay the Note in cash in an amount equal to its then-outstanding principal amount.
The Note is convertible into shares of our common stock only on or after the occurrence of an uncured “Event of Default.” Primarily, we will be in default if we do not repay the principal amount of the Note, as required. The other Events of Default are standard for the type of transaction represented by the SPA and the Note. The conversion price in effect on any date on which some or all of the principal of the Note is to be converted shall be a price equal to 70% of the lowest VWAP during the ten trading days immediately preceding the date on which the third party provided its notice of conversion. Upon an Event of Default, we will owe the third party an amount equivalent to 110% of the then-outstanding principal amount of the Note in addition to of all other amounts, costs, expenses, and liquidated damages that might also be due in respect thereof. We have agreed that, on or after the occurrence of an Event of Default, we will reserve and keep available that number of shares of our Common Stock that is at least equal to 200% of the number of such shares that potentially would be issuable pursuant to the terms of the SPA and the Note (assuming conversion in full of the Note and on any date of determination).
And if he doesn’t make it by February 15 then they have to pay that toxic loan with the extremely high interest. Not to mention the pending lawsuit that it looks like they are going to lose.
NFusz has a lot of bad trouble coming its way really soon all because Rory can’t stick to a timeline.
What? NFusz has already filed five 10k’s and that has nothing to do with anything to uplist. Also the 10k will likely drop the first week of April, not February.
I was admitting that I was being childish...
Tell him to call me. I am wide open.
Chartwise, this is CRAZY impressive... I am not really a chartist, but if I were, wouldn't this be time to SELL??
Caveat: I think people should be buying right now.
I actually really like Rory. I wish we hadn’t gotten off on the wrong foot.
I admit that I have been childish in my interactions. I apologize.
Okay.... thanks.
I did... I was blacklisted. Rory really hates me.
So I cannot directly go to nFusz? I have to use Dr2? Thats confusing to me as a business.
Bad Moon. I would like to speak to Rory directly. And I will, soon.
Seriously!
How about I implement nFusz products in to one of my businesses and accurately report whether it was helpful or not?!
Are you guys interested in that type of feedback?
Eh he is usually a kiss of death. But in this scenario he is irrelevant.
Okay. I mean I now hold 500k shares and actually have no interest in selling them any time soon. I guess that makes me a long?
I’m not here to make friends. I am here to make money.
Should I use nFusz for my businesses?
I am thinking about becoming a customer.
Color me impressed
I HOPE SO!!!
Salesforce did a 1:20 split. Why do you keep saying 1:5?
I loaded up over 500k shares in the 20s. Thats why Ive been quiet for a couple months. This is purely a trade though.
There is a pump. And then there is a dump.
So smart
It closed HOD at .315
I hope for some people’s sake you’re right.
She’s actually showing some strength.
Where are all of those fake bids from yesterday?
Where is the s1-a?
Where is all of that “news” now that Rory’s self imposes quiet period is over?
Lol this is still the biggest joke on the OTC.
The s1-a is late and it looks like the whole SC thing isn’t even going to happen. Rory has screwed you all once again.
An RS has no effect on where shorts cover. If this is RSd in order to get to Nasdaq, short positions will INCREASE. And this will end up back at .20.
Not a real bid. It moved down the second someone started hitting it.
Umm right now it needs a 20-1 and since they usually immediately drop a 30-1 is more likely. Welcome to the stock market kid.
Rory has no clue who I am. And I welcome any and all legal action because the counter suits will be so much fun. The discovery phase for him and nFusz is exactly what I am looking for.