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I read the filing. It’s a straight read.
Basically said this guy Kramer countered many of these otc companies into this sort of lending practice fully recognizing these are dilutive events. As I stated long ago, these guys get their money with the steep discounts and causing the sp to drop considerably in how they did this stuff in tranches.
Items 43-45 noted in the filing. Nothing to do with ‘trader groups’.
The verbiage and descriptions are straight up the same in the S1 (and other filings) that described the loans and notes.
The question is did st3 know how this would fall out when signing g up for these sort of loans (how the sp would drop considerably) and what happens next. It mentions something of not allowing any more conversions (which would be good for any outstanding loans ) but it doesn’t appear there is anything with regards to share returns / buy backs. It’s more along the lines of profits being returned. But I don’t see how these loans then get paid off.
Anyway. Shows what some of us knew all along that these loans and notes diluted and put a lot of downward pressure on the sp.
Yes please.
Oooooph. This is deep. We still don’t know if Tptw is part of this but I’m assuming we’ll find out soon enough.
I guess that’s why I was asking. I don’t know either.
I hope this isn’t some ploy from TPT to eff with existing longs and investors.
It is strange. I can’t comprehend why they are implying that 1800 should have been a broker dealer. It is the company (Tptw) that issues the shares through their broker and 1800 then buys them at a discount and then sells them for the profit … at least that’s how I thought it works. How can they loan money AND be a broker dealer at the same time ?
“As alleged, Kramer and his companies were not registered as dealers with the SEC or associated with a registered broker-dealer, as their activities required them to do.
The SEC's complaint charges Kramer, Power Up, Geneva Roth, and 1800 Diagonal with violating the dealer registration provision of Section 15(a)(1) of the Securities Exchange Act of 1934 ("Exchange Act"), and also alleges Kramer is liable as a control person of his companies pursuant to Section 20(a) of the Exchange Act. The SEC seeks a permanent injunction, disgorgement of ill-gotten gains plus prejudgment interest, civil penalties, a penny stock bar, and other equitable relief.”
Those last few sentences are important here. Profits returned plus interest…
https://www.investopedia.com/terms/d/disgorgement.asp#:~:text=What%20Is%20Disgorgement%3F,those%20affected%20by%20the%20action.
lol. Now on top of conspiracy theories Mx is now accusing people here of being some ghostly involved deep state involvement of longs here
Yes. They def used this lender several times both within and outside that period. Interesting. Wondering what happens if it does affect Tptw. Does it look like a ‘buy back’ and what happens to their loans since they were tied to conversions to discounted shares as payback? Hmmmm.
Everyone notices your Bs. You just can’t seem to understand the state of TPt right now. It’s your imagination until it comes to fruition.
The narrative comes from anyone who is claiming something has happened when it hasn’t yet. THaT is your narrative. It’s falsifying what is currently to happening.
Yes. Imagination.
But it just hasn’t happened yet so you can’t claim that it has.
Um nope. Maybe you should concentrate on yourself before telling others what to do. Since you’re wrong and lack knowledge of basic things.
Did you say ‘tekmovil acquisition in days’ a month ago ? Or did you delete those posts too. lol.
Lame as usual. Why don’t you concentrate on the company not frivolous industry news. Oh that’s right. You’re having a hard time defending the company again so you change the subject.
Lololollll sure
Because it’s not about the industry. It’s about TpT and ST3. Not sure why you changed the subject aaaaaaaaaaggain.
Byeeeeeeee
Nope. Nice deflection and projection though. You literally have no idea and make shh up.
What about all the other company communications on acquisitions dates etc ??? Eh. Why do you cherry pick ?
“It’s now 12:20 pm. Do you know where your children are ? “
Uh no. I’m not blind to your BS pumpy statements. I know the status of the company and your comments don’t help or show actual company related facts. A lot of PR forward looking statements. Just like ST3s PRs. Still have yet to come to any fruition. Claim all you want. Just isn’t the case until it’s done and we get an actual filing or PR showing it’s closed.
Vume ppv is not the that has been promised. As I said a while ago it’s a slow roll out so we’ll see what happens with the next occurrence of Vume (which ever next feature). But long story short they need financing and revenue. Of which none of your comments address other than fictional connections. Imo
Lolololol
Amen.
After they kissed their annual which was due around april 10??? Somewhere around there. This went expert market now the last three quarters after missing their filings (but then going current a few weeks after).
A couple of us (including me) think tbis is intentional and he’s trying to prolong or delay certain things so Vume can get going. We shall see.
He knows what he’s doing. And I think it’s on purpose. But doesn’t make it suck any less with the guessing game.
Looks like some volume …. Hmmmm
Agreed
He’s got cash to get it done. No doubt about that.
Yes. Very simple. I mean he did update the older Q. But it’s a yearly one.
Again I think (and hope I’m wrong) that he’ll wait til after the Q1 and release them both. Since maybe. MAYBE Q1 has something in it to divert focus from the 10K. I dunno.
You’re right though. Simple enough.
Yes. It’s yourself evident that you have been promoting fraud all these years. The boards are evidence.
The company also is in its current state due to its action and misactions. Evidence has been given over and over. Not just some wordy opinion but by charts, PRs and Ks and Qs.
Let’s hope ST3 turns it around.
Sure do. But you’re deflecting from all the pertinent questions as usual.
lol. That’s not racism. What a joke.
… because it then wouldn’t allow you to trade as you do being out of the country and not beholden to US law.
We’re on to you trader M.
Sure. But that’s not what’s happening here as described in my message.
Back to the company and actual facts.
The company was the one that took on toxic loans and notes. Specifically they call out how many shares are ‘reserved’ in the AS for conversions. Right there is proof the company knows the price and target dilution that they anticipate with any sort of conversions. No such thing as mystery group traders ‘setting price’ or ‘bringing it down). The conversion dates coincide with the company’s PR to absorb those shares at the time of note and loan conversion dates.
Aside from that, it’s the company (and therefore ST3 since he is the CEO) that is responsible for providing timely updates, SEC filings etc per the SEC guidelines which it has not been keeping up to date with. The last three financials… THREE… (two quarterlies / and one annual ) have been late and gone to expert market. Additionally the company has set several dates they never addressed / missed. And more importantly went backwards by somehow ‘missing’ a detail on a property THEY ALREADY OWNED and reneged on the deal (because they lost another ‘owned’ company and somehow reneged on that too). My opinion is this significantly hindered any smart city development and or contracts.
All this (plus the countless missed dates and lack of raising funds ) contributes to the company’s existing performance and state of health.
As with any otc, we can only hope the ceo actually has some plan to get this current, release Vume super app and bring in money this year (without additional short term dilution).
His performance though has been deteriorating. (I know some of the naysayers would say it’s far more than that but I disagree).
Can he turn it around ? 5D chess. Vume ppv is only a small sub component of the super app that is being promised. Let’s not forget they’ve had Viewmelive and a lot of the pieces since 2017 to base a lot of this development and spring board with something big. They def need money though to scale this.
On a side note, in order to tap into equity financing, I believe he needs to get the company current.
Oh well. Another day another dollar. Good luck all longs (those who actually contribute and invested).
*thumbs up*
FYI
https://www.gibsondunn.com/wp-content/uploads/2017/06/SEC-Filing-Deadline-Calendar-2024.pdf
Dark green are the normal non accelerated dates. Add the 10 days for the first extensions.
But if they don’t go current, no need for an extension I guess. lol. Smh :(
15th then a 10 day extension.
I believe it’s 45 days after the Q ends.
And I’m wondering if he’s gonna let the 10k slide until after the Q so he doesn’t have to file and then go back to expert market again. lol.
Well. At least he corrected last years quarterly showing the loss of >$1 million in equity.
Ah man. Hope this guy has something up his sleeve.
lol. They ? Who they? Oh thats right. MX speaks in third person to prolong his crazy conspiracy narrative not even once mentioning the actual facts that’s are proven by links, share structure, PRs… and expert market.
As usual. Deflection, distraction gish galloping, gibberish Bs.
What fact are you referring to ? And which trader have you been talking to ? What sort of links and proof have you been supplying them ?
So? So have a multitude of companies that went BK and some never existed at all
So you deny the company has been losing revenue and bleeding cash ? Do you deny the OS has increased >3X in 3 or so years ? Do you deny that ST3 promises on several occasions to go Nasdaq and misses each time ( I think this is the third time I remember but I think it’s more).
Whether traders are playing with this or not is not the big deal. If the company cannot perform, it goes in the shhhter. Simple as that.
And need I tell you that expert market is not a good look nor a good method for gaining investors trust.
This tickler now runs going gray. Wonder how long no trades have to happen before that happens.
Nevertheless else they need to put out the annual. And it’s most likely garbage as it most likely will show no first payment to tekmovil.
Vume is their only savior and I am hoping that was just an initial pilot with limited marketing just to check things out.
Because MX. That’s why…. It all has to do with MX.
Sure thing. Glad you made that up and used your own logic to do so.
The market ap is reflected by dwindling revenues, increasing OS and dilution and missed dates the company has repeatedly stated. Nuff said.
If it’s just streaming maybe ? But if they are streaming multiple games at once… no, I don’t believe so.
Additionally I would assume there is a social aspect to what they would deploy for the soccer contract. There was none of that during this event.
I will say, they did have the windows go from dual screen to single screen and back. Perhaps this was showcasing the multiple streams at one (albeit in this instance the second ‘stream’ was a still).
But at least it was something and shows that they can stream. How this integrates into the super app remains to be seen.
The company itself has done enough damage. Enough with the traders thing.