Enjoying life.....
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
And the conditions are.....?
SEC standards for reporting and Finra follows
If company follows minimum standard for reporting then they have a good OTC standing. Yes, the standing of the OTC is that audit is not required, but many here do not understand that audits are not required. They want to hold the company to a NASDAQ standard when this is not the time to do so. As the company continues to reduce liabilities, then audits will come, but imo, the company should continue executing their business plan and set aside audits for another time.
Fins are scrutinized by the SEC. Their veracity is attested to by the CEO/CFO and the company attorney. Go ahead and tell the SEC they are not doing their job. They can use a good laugh.
Creative financing
What about note holders that accept preferred shares like the company has done on the past?
Where there is a shorter, there is a buyer...unless it's a naked short.
But are audits actually that important? I think not. What is important is growing the company and reducing liabilities until they are not a factor in the strength of the company.
Let hippi scream all he c want to about promises not kept, because imo they will come through...not according to anyone's schedule but according to the schedule set forth by the company. Period.
Who cares...lots going on, it's alright to put concern for audit on back burner
It doesn't matter...the answer wouldn't be credible anyhow.
Some people you can't please
I though CD was Civil Deviant
It'll all turn green on Sunday
Do I want to be schooled by a know-it-all? Not really.
Then there's the former employees of the company, like the ones dismissed when they got caught embezzling funds, and those that applied to work for the company but got turned down, that have an are to burn with the company, so they become permanent bashers. Can't really do anything about them, thought you can dismiss most everything they post, because it's so obvious who they are.
We shall see, won't we?
A/S increases will occur when the BoD deems it will benefit the company. A limited R/S "may" occur when it becomes necessary to bump the pps so they can uplist.
Isn't it amazing that all of the what-if/conspiracy theories trying to second guess the company, never happens?
When opportunity arises to better the health of the company, then the company jumps on it. Otherwise, the company would be stagnant, and that does not sync with the company's overall business plan.
...but the float is still the same because restricted share cannot be traded on the open market.
The new share structure has been submitted and posted to OTC Markets, but the increase is for RESTRICTED shares, IOW, these shares cannot be traded to the public until certain conditions have been satisfied.....
....or maybe, they were issues to the company to prevent a hostile takeover.
Seems unnecessary. I'm sure they monitor chatrooms, and already know who the goons are.
I like that opinion.
My opinion is that if the typical investor uses normal means of determining share structure, i.e., otcmarkets, then it may be considered insider information or tipping, for an individual to disclose non-public sourced information that, if disclosed in any chatroom or on X, purporting it as being factual, whether it is or not, and any investor acts on that information, then it could be considered illegal. If however, a person possesses such insider information and keeps that information to themselves, then it's not illegal.
I wouldn't doubt that some people, somewhere, in any of the stock chatrooms to which this information has spread, or on Twitter/X, have used this unverified information to either make a decision to buy or sell AXXA, or report it to the SEC/FINRA.
So you're saying this information isn't insider information, but that it's tipping?
Not public information = insider information......if it proves to be true.
Where are you finding this unofficial O/S?
OTCMARKETS is not showing this increase you claim?
Where is your insider information coming from?
.
You give Boris too much credit. Issuing shares is not the decision of one person.
Have you read their cashflow statement?
Yes, the company issued 1.046 billion shares in their first 6 years and accounted for them in the financials that you don't read. What of it?
Actually hippi doesn't look at Financials because he never gives credit where due to the company's accomplishments (See #4)
This looks like the new #5
If the company submitted update share structure to Transfer Agent and transfer agent is slack on delivering the update to otcmarkrts, then who is at fault?
There is no 1.9 billion O/S at this time. Based on previous increases in O/S, it should take about 8 years for the company to have that much O/S maxed out.
Reality is there no wasteful dilution happening. The company's business plan is on steady track being executed and shareholders know it.
Sellers will be happy to sell when ask start moving up exponentially
False statement
And that's a good thing!
Empty promises you have
Cushion