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Thats fantastic, now, what does this have to do with SOUM?
What please are you referring to, how does this pertain to SOUM?
I trade ERBB
And have been 'trading' ERBB since before it was ERBB
I don't care what they do with their finances. They are still in business after all these years. Different name, different product, I've had very few issues with them. Other than going stagnate on me and making itself untradable for spouts.
Volatility is what I look for. Buy when I think it's low enough and there's enough volume (of any kind) to sell off at a couple ticks higher.
I keep it simple. And make a wire to cash every now and again.
What does this have to do with SOUM?
All I see is an attempt to advertise.
I'm very close to banking on this thing once again.
Outside of this, ERBB cannot be doing much if anything outside the rule of law, or there would certainly be repercussions.
As for me, year after year I can count on one thing from ERBB, BANK. All the while year after year it's called a scam.
AmericanGreen Inc re-registers business in Wyoming
While closing in Nevada
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=001109056247093006132200069188054163123156196138
Thanks Long-Vestor for the link
Well thank you for this!
And other AmericanGreen shareholders which will stay un named. You know who you are.
That said, all in all it's a great day, and very close to a super nice bank at ERBB
I would dare bet they have opened it up in Wyoming or somewhere else. This is done all the time for various reasons, reasons which may include legalities between states, and how they are governed in consideration in which AmericanGreen in venturing into.
I'm sure there is more to this than an incomplete legal paper, especially with no effective date. The above makes good speculative sense, top this with the business license expiration date later this year in Nevada. .
And I'm also skeptical that Nevada had the power over FINRA or the SEC to somehow cancel all outstanding shares of a public traded company. I'm not seeing it.
Find us the effective date.
The business license does not expire until 11-30-2016
Interesting to say the least.
This would mean all debt is paid. Which is why we need an effective date.
Almost time to bank again here
I hear that and would have to agree.
Although some of the things I write might sound derogatory to the companies standing, I'm realistically deciphering what they are trying to do short as well as long term.
Hey try not and get me wrong, I think they have a good thing going.
The numbers they put on this thing are by far from those with the intention of getting on the NASDAQ, even within the next two to three three fiscal seasons.
Now several nice run ups are not out of the question in the next couple of quarters in this scenario.
At this point, if things work out as far as the latest news, there will be no uplisting in the foreseeable future.
The LOI states 1,670,500 series D stock, which is convertible to 10,000 shares each.
Which means there would be a required reverse split of 50% before completion. There are not 16.7 billion authorized.
1670500 x 10000 = 16705000000 shares @ .0001 = $1,670,500
Might not be exact or even close, but that's the idea I see.
edit again = I can't add today = staying out of the game today geezus.
You could be right and it hits .001 next week from the low volume so far this session.
The last trade was a very nice hit for the way this thing has been acting as of late. Had to work for it.
Time to grab up a few million at a time again over the next several sessions.
Thanks for the bank today ERBB!
Awesome, just awesome!
Yup, looks like an RS coming after a a few billion dropped of at the corner.
Fyi, I posted on the wrong board yesterday with my rant. For those that care.
Be afraid very afraid
It's a scary thing to be involved with GERS, they sell shares, they issue debentures, they infringe on patents, lions and tigers and bears oh my.
And were off to the next level
Whatever that is
ERBB could be the go to company
They seem to have a solid grasp as to how the industry is forming relationships with regulations. Not forgetting how they appear to be directing some of this heading.
Which could point to their solid understanding of federal, state, and local, creating domination as things get more and more commercialized in the legal sense. Where the amassed knowledge could be considered an asset to others looking to get a deeper footprint in the MMJ system.
What is:
my BTZO tune?
Yea, I'm new to this Kevin guy
Until the recent 'acquisition' I'd not fallen into that gorge.
It's very nearly impossible for BTZO to gain traction in almost any market at this point in the contract, to multiply earnings to break even, let alone pay said loan back. So it's a default by year and. Should be interesting to see what he does with this organized chaos.
Notice he did say he would appeal, late 2016. How interesting, this coincides with roughly the time the loan will default, therefore assets will be secured by Q1 2017 for forfeiture, as part of a lean settlement which a half dozen entities will be bringing down on him.
Very simple explanation
As Kevin could easily be headed toward acquiring tangible assets. No other reason I can see for such loan terms. They have very little time left this year to pay the loan back, or be liquidated.
Not to mention the tax write off in so many ways I can't imagine. Then allowing said assets to be claimed as part of the patent suit GERS will lose upon appeal, if even taken up.
As noticed by everyone else, shareholders are of no concern in this matter. None. Just a means to stay 'legit' within the regulations by public offerings.
Every responsibility BTZO has to it's 'shareholders' are very well documented in the filings.
The company and it's board, have no further requirements to shareholders. None, in any sense of the imagination.
Everything including warnings are again, well documented in all filings, as well as in general OTC even NASDAQ notices.
The fact is shares are purchased of BTZO hoping there will be an easy spike and and out, which is by far a reality in 99% + of all OTC tickers.
We should see a good bit of volume yet something this fiscal year. Late more than likely, none the less, lots of convertibles which is a good sign.
Or, they will simply go belly up, with a good split prior, dump a few billion, default to creditors, lose everything, and the cuspid demolished.
Timing, it's all about timing and nothing more.
Yes it is isn't it
Takes a lot of time to digest everything in that filing, masses amount of data.
None of which can be deciphered in a way that shows a run before a split. After that massive split, then they'll need to start converting to get paid, before any appeal is made. So it looks not too far off for this thing to do 'something', then 'something' else.
Might sound absurd at the same time I wish for it.
Clear a few things out I imagine.
Fraud? Yea right. I think the people running reports have that covered. These are numbers / regulation / and business minded people. Where they know and ride that line, as a ritual, as a way of life.
I have warm weather things going on, therefore I could care less about this piggy bank for now.
Hopefully by late fall they have reverse split to the tune of 1:10000 at the minimum, come back with a statement saying they have forfeit any and all assets to the lender, then we get our shares absorbed by GERS.
At that point we would be lucky to see a reverse split by Q2 2017 in the range of 1:100, with a PR stating they will be filing for bankruptcy, and we get a GERSQ by Q3 2017.
As they resolve finances, the Q is removed and a D is in it's place.
Then a name change to the latest and greatest multi million dollar revenue stream, then we age golden!
No volume is what were after here at this point, at least not until early Q4 2017
One can only hope.
I have high hopes we do not hear from them until late Q4; at the earliest.
I could have sworn it is because there was nothing to talk about here.
Your right, it's over, shut it down.
Since you specifically asked a question.
What's to talk about? Many things.
However the experience as to how to create a conversation while building doubt, and question, or lack there of, is stunningly obvious here at BTZO as they will release this information when they see fit.
BTZO is not what is was once thought to be.
None the less, late filings are nothing new, in any sense of the imagination to the OTC.
Truth does not matter in the OTC. It's completely irrelevant. I for one could care less, but I would like to discuss issues in a manner that does not require the same thing repeated in it's entirety, day in and day out.
There is a lot to talk about, but it is sniffled by inexperience.
They are C shares but we've not yet seen what the terms are. afaik
That would give us a clue as to when this thing might begin to move.
So far everything looking positive here
You all know this is so much closer now, than it was at an earlier date to what it's real value is right?
So relax, it's all good if your in at a local pps.
Find one reference to me using the term to the moon about BTZO and I'll eat a live crocodile.
Honestly I welcome the split. A new starting point, would make it able to be traded for a minute while they dilute it.
I truly anticipate the 1:1000000 split
Uhg, it's more than comical at this point. Just split it already and start over.
I'm sure there are those times when a retail guy is somehow connected to the market maker, they get it on and do some really dumb things that are regulated to the kilt against, far as I have it, a retail guy cannot trade with a market maker under the bid. Leaving out consent via preferred or something of the likes.
Put them up, lets see how it goes. If there could be something to learn I'm all for it.