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You can sell the stock if you want to take the loss.
OTCMarkets is listing the distribution of GoLogiq shares payable today. Nothing from company.
The company is also heading to the Expert Market list. They haven't paid otcmarkets and whoever was footing the bill has stopped doing so.
I believe they are sincere in looking out for shareholders but a combination of being from a foreign country and no experience in running a public company leads to "rookie mistakes."
This flew under the radar:
LHGI announces share swap with Raffles Financial Ltd to compensate all shareholders for Covid period. All interested can read on the company's website. No press release. They really need to stop the on the job training and get some professional help.
We should receive annual report next week. Maybe it will help clarify what's going on. One good sign is they are current in disclosures.
The number is just to increase their shareholder base. They may want to uplist at some point in time and need a certain number to do that. The $25 fee is for the transfer agent to process the exchange. I heard from LHGI they were offering this for holders who wanted to go to a company with better potential. I don't know why they just didn't do a merger. Strange.
This doesn't appear to be a merger, just offer to exchange shares of Lighthouse for Raffles to get a stake under 30%. Then they will offer financing. Never seen anything like this. Emailed the co. for clarification.
The presentation was recorded. Hopefully they can post on website. There were slides but without any context I told Jem I was logging off.
I could not get sound on the presentation. Logged out.
There was a delay on the response. I'm in now.
I tried the link. It asked for name and email then message that a link for the meeting would be sent. Anyone able to connect?
I just checked the link and it is no longer available. I sent an email to find out if there will be a replay. I could have listened this morning if I'd only known.
My invitation has 7:30 pm tonight.
LHGI Shareholders Meeting
Date: 3 December, 2021, Friday
Time: 7:30pm
We look forward to seeing you!
Interesting turn of events although I haven't received this communication. Guess it's on the way. And no, the company has not been transparent on what's been happening.
Anyone know the transfer agent for this co?
Did not receive anything. Emailed them for an explanation.
I'm supposed to be sent a link for tonight's meeting. If so then I will provide any meaningful info.
Online Presentation being held Oct 26 & 28. Looks like they're going the MLM route.
Anyone have any info on a liquidating payment made in September?
NEO Q&A July 15th 1 pm
Now trading NASDAQ. In accordance with the Plan and Confirmation Order, on the Effective Date, all shares of the Company’s Common Stock issued and outstanding immediately prior to the Effective Date (the “Existing Common Stock”), and any rights of any holder in respect thereof, were deemed cancelled, discharged and of no further force or effect. Holders of our Existing Common Stock who did not elect the Cash-Out Option (as defined in the Plan) were issued a number of shares of new Common Stock equal to the number of shares of Existing Common Stock held by them as of the record date for the Plan.
Hope this puts to rest the "Danny's selling" comments. You can't sell what you don't have.
Each Common Unit received (0.05) Class A Unit. Not seeing a trading symbol.
For those paying attention, Danny Lim does not own any shares of LHGI. Look at the filings.
Jem is relaying questions to Danny for his response. For whatever reason Danny gave all his stock away and has no official place with the company. At this point they can be looked at as a shell.
No. He is just an advisor.
I received a response from Jem re. the bitcoin mining. As unbelievable as it sounds, she told me the machines had rusted and were no longer operating properly. I know nothing about these machines but how is that possible?
Danny has no shares remaining. The question is who is Wintz Lim?
Effective August 6, 2019, the Company authorized reclassifying 50,000,000 shares of Common Stock to be classified as Preferred. Further, they established 25,000,000 shares of those shares to be Series B Preferred shares and issued them to the Chairman/CEO for services rendered.In March, 2020, these shares were split evenly and re-assigned to Jemelle Castro (Executive Vice President and Wintz Lim (pending Director)
The company stated in their last filing they suspended the mining of bitcoin until the price reached 11K. If this was a truthful statement, there should have been an announcement. If they have resumed mining and not made this public then who is benefiting from the shareholder's assets?
Any thoughts on Hilaria Baldwin's situation and how this might affect sales?
Absolutely true but Danny wants a U.S. presence and trusts this guy. He also would probably take stock in lieu of salary. I don't see the need for anyone here when all the deals are overseas. Danny is throwing the you know what on the wall and hoping something sticks.
Things here have really gotten hostile. I'm not the least bit surprised the company has done nothing. Tyrus Young next CEO?
Transfer agent says holders received $0.106698181 cash per share.
Projagg is ready for launch according to Note 3 of the latest quarterly report. When it will launch is subject to interpretation.
His name was Carlos. From Manila.
Papio. I had a productive conversation with IR yesterday. If you would like to speak to them, send an email with your phone number to
info@lighthouseglobalholdings.com. As I consider the conversation private I will not be sharing any details. I would only advise those doing due diligence to get the facts.
Source please.