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.
Hi DreamGreen, I hope I'm the only one having trouble voting, I've received nothing from Ameritrade either by mail or e-documents in my account. I emailed proxy@issuerdirect.com and got this response: (Please contact your broker and they will be able to assist you with your voting information). I been in contact with Ameritrade twice today and finally they gave me a 16 digit control # to use on proxyvote.com. Upon entering that # I got this popup: (We're sorry - this meeting is not eligible for voting yet. Please check the meeting details and try again during the open voting dates). So, is anyone else having the same issue? My son has a few shares, got a letter and voted but was on IPROXYDIRECT,COM/CLHI. Hopefully someone can supply me with some help or information as to what to do. Thank you for all responses and help.
Does anyone know why the late buying surge today? It was a surprise! Was it more insiders buying or does someone know good results is close at hand or just speculation?
Hey Pro-Life, you are correct that common shareholders did not vote for the details in the merger, I found this in one of the filings: Subsequent to the reporting period, on or about April 22, 2021, a majority of the stockholders of issuer approved the
issuer’s execution and entry an Amended Agreement and Plan of Merger with The Data Source (UK), Ltd., an entity
organized under the laws of England and Wales. Pursuant to the Agreement, as a condition precedent to the merger, the
issuer must undertake a one (1) for fifteen (15) reverse stock split of its common stock and subsequently issue the current
stockholders of The Data Source (UK) one hundred million (100,000,000) shares of the issuer’s common stock.
I assume Stephenson used his super voting rights share and basically had total control of everything.
Tweet, Nothing new today
The Data Source
@thedatasourceuk
Replying to
@nilsim_1
It’s all good, nothing has changed. We are working on everything and have been since yesterday. No holiday for us in the Uk.
3:24 PM · Jan 18, 2022·Twitter for iPhone
here is the messages:
Aurora
@Aurora2000s
·
10h
Can TDS provide any info on current status & where everything stands at the moment? Is there any new or pertinent info TDS can share with business followers/investors?
The Data Source
@thedatasourceuk
Replying to
@Aurora2000s
Yes, we have lost a week to the holiday. We are working with the DE on filings that have been filed incorrectly by them. We are also waiting for the Federal income tax returns and the amend franchise tax report. Once received we will file. Then it’s down to the authorities….
2:20 AM · Dec 1, 2021·Twitter for iPhone
Is the AS still 300 billion as I didn't see any mention of it in the press release. Why was the AS not reduced the same as the outstanding shares?
That's my thought also Dusty, hopefully after close or before opening tomorrow. Good luck everyone!!
New tweet!! Is news pending? Let's hope so and that its good!!!
Customer-first philosophy is not only a strategy, but a movement. It’s the whole mindset of a business that fosters a positive customer experience at every stage of the customer journey. @Reuters Launching this campaign to the moon🚀 pic.twitter.com/xAZ7eXydSB
— Argentum Data (@ArgentumData) September 1, 2021
R17 and Dusty, you all have hit the nail on the head as to why RS and his hedge fund buddies and advisors want to implement a 1/15 R/S. It is the only reasonable reason why anyone would cut shareholders equity by over 90% and only leave shareholders with less than 1% of the total entity. They knew it would tank the stock before revealing the plan. I'm still adding a few, but reluctant to sink much more into this until some sort of concrete information is revealed. I wish you all the best of luck on your investments and have a safe and happy 4th of July.
Two new tweets:
The Data Source
@thedatasourceuk
Replying to
@Aurora2000s
@quakers07
and
@ClstHoldings
We are trying our best by all the shareholders to give clear messages. We are in a quiet period, with certain actions that restrict us to enhancing any information, for many reasons. We cannot post other than business related content. Still waiting on updates, frustrated Face with symbols over mouth Folded hands
3:39 AM · May 27, 2021·Twitter for iPhone
The Data Source
@thedatasourceuk
Replying to
@Aurora2000s
@quakers07
and
@ClstHoldings
Also we have a clear plan and path to explain everything and put out the correct messages and information after the quiet period. There have been 3 new employees add to TDS for this to happen. This has been in structure for weeks, with careful planning and SM calendars in place.
3:42 AM · May 27, 2021·Twitter for iPhone
We truly hope its your optimistic view and not the three stooges trying to run this business!! Holding long and strong!
CLHI NEEDS NO RS!! GMGI needed a RS to uplist, they had billions of shares, also they reduced the AS to 40 mil, so the current OS/AS ratio 23mil AS to 40mil OS would be around 57%, which is over 57 times better than what our ratio will be if the 1/15 RS is implemented with a 200mil AS. Dilution,fear of dilution and uncertainty is why our share price is where it is. Holding long and strong
Tweet also today, does anyone have any idea what is going on that it takes CA so long that the duration is 1-3 months? Or is it just another mistake. Thanks for any info. CLST Holdings Inc.
@ClstHoldings
·
Mar 3
Update: TDS management have confirmed that the procedures to start the Corporate Action have started. We will give a confirmed day/date next week as to when we are in the action.
nilsim_1
@nilsim_1
·
7h
What’s the duration of CA and when does it end?
CLST Holdings Inc.
@ClstHoldings
Replying to
@nilsim_1
1-3 months.
1:33 PM · Mar 5, 2021·Twitter for iPhone
CLST Holdings Inc.
@ClstHoldings
Update: TDS management have confirmed that the procedures to start the Corporate Action have started. We will give a confirmed day/date next week as to when we are in the action.
3:29 PM · Mar 3, 2021·Twitter for iPhone
100% CORRECT!! CLHI's market cap would have been well over 100 mil here without the RS debacle and no need for the RS to up list. Comparing the TSNP RS to ours using AS/OS ratios they would have to have done about a 1/100 RS to get the same ratio as the 1/15 RS here. Quite a different reaction in the market would have happened as it did here. The end result for TSNP would have been approximately 39.9 mil OS shares which is .00793 % of the 5 billion AS. The 1/4 TSNP RS was understandable and needed for an up list whereas CLHI's isn't. Hopefully we get some much needed relief and good concrete news and filings soon, instead of this total BS charade that has taken place the last 3 weeks. Best wishes to everyone, holding strong and waiting. Just my opinion
Agree 100% Papers!! This RS had to have been planned in the summer when the share price was low and they were raising the 30 mil pound equity. There is no other logical explanation why, nothing else makes any sense, but there should have been an adjustment clause to compensate for the share price so that the current shareholders would not be get screwed over. Totally illogical not to take care of your shareholders as half of the os traded in the $1 to $2+ range. I don't see this moving up much until they give us some positive PR or filing about the RS, at least a reduction. Just my opinion
Thanks Dusty, always enjoy reading your posts, would it be logical to assume that the 1/15 split is either reduced to a 1/2, 1/3 or totally gone since he is recommending it to his group? I don't see how it would be feasible to recommend it without an adjustment or cancellation of the RS. Hopefully we find out this week. Still holding here, Thanks
Okay, thanks for the info, I hope they have a PR soon with good news. I'm holding long term my shares so I'm not worried about the negative posts. Thanks again
No one seems to have a logical explanation as to why anyone would do a 1/15 RS on such a low OS with such a low AS, not even the CEO. Time is of the essence as without a reversal of the RS we will continue to bleed without a PR explaining the whole situation. Meanwhile, does anyone know the details of the 30 million pound equity that TDS was raising a year ago? I was just curious as to if it was part of what is going on now or was it done before they decided to go with the merger of CLHI. Thanks for any info. BTW, I did add today, hoping for a good PR and reversal SOON! Best wishes to everyone
THANKS RG17 for that excellent summation. Hopefully Stephenson will reconsider and adjust accordingly. Thanks again
The question should be, can you explain how this Mr RS is going to benefit the present shareholders with this proposed action. We are waiting patiently for this magical PR explaining how reducing our present equity of about 12% down to less than 1% of the authorized shares, then issue himself a 50% share post rs is beneficial to anyone but himself!! IS HE using the new common core math that no-one can understands? Or is the equity he is raising is so high above the present price that he needs to adjust ours lower? I am patiently holding and waiting for the answer.
A $6 billion market cap gives a $30 share price post rs, so any ipo will hopefully be a least in the $60 range. Hopefully everything will work out for us and we'll find out Monday. It's been a restless past 24 hrs. Goodnight to all and best wishes
Crunching #s, to get the same equity as yesterday for us if the rs goes through, we will need a market cap of $6,002,326,315.79 , 23,949,282 shares x $2, yesterdays closing price equals our equity of $47,898,564.00 divided by the post rs equity % of .00798 equals $6,002,326.315.79 total market cap needed to get what we had yesterday. That is can be accomplished and lots more if everything is as good as Mr. Stephenson indicates, but his math skills appear to not be very good. Just my opinion, A reverse split on this small OS makes no sense whatsoever.
I don't post on boards, but I do read them some. Your math would be correct if the authorized shares was being reduced 1/15 along with the 100 million being issued but that is not the case. The present shareholders equity or shares are 11.97% of authorized shares. 23,949,282 shares outstanding divided by 200,000,000. Since we shareholders are the only ones getting the rs 1 for 15 shares, our equity is being reduced to .00798% of authorized shares. 1,596,618 post rs shares divided by the same 200,000,000 authorized shares. That is one hell of a B slap in the face for us. There is no way that kind of equity lose can be made up to present shareholders. I am holding over 100k shares and feel that this is still a good investment and will continue to hold, but this rs makes no sense at all. If they needed more shares it would have made more sense to raise the as to 250 million. Just my opinion, I wish you all the best in this investment.