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They wanted to create a monster consortium. And they did. And the villagers came with torches and pitchforks. Added another 70 million to the SS. Hope it was value added. That Ruhl deal sure backfired amazingly. And they let the company that might have saved it go. Just... awesome. OTC stock with actual companies and yet trading lower than empty shells. That's fantastic. People gonna load those trips though.
It's better than those nonsense updates that the former CEO did. Actually it's pretty good. Quick to the point (mostly) statements. Hopefully these acquisitions aren't terrible and actually stay.
Hahaha Kevin must be checking this board. Or Joe.
"Transforming ParagonX Holdings from a pink sheet lifestyle business for the largest shareholders into a diversified entity capable of uplistibg with audited financials and full corporate governance in place. Acquired seven businesses with over $40M in annual revenue. Extensive crisis management over the period of 2.5 years."
Crisis is right. Not managed well either.
Lost RenuYou Neurofeedback, Monument Commercial Brokers, Sinacori Builders
Also uplistibg
Looks like he's not listing Ruhl anymore. Jeez what a crap job. Maybe they worked out how to unwind it and somehow not freak everyone over.
Kevin should probably update his OTC Market summary for CAVR.
"Driving the transformation of ParagonX Holdings from a small OTC Pink company with $4 million in revenue into a $75+ million annualized revenue registered entity up-listing to NASDAQ and an IPO. "
Maybe I missed the NASDAQ uplisting and IPO.
Should say OTC Pink Company CEO to controlling board member with an unknown amount of revenue as subsidiaries refuse to submit financial information and occasional falls to Yield Sign on OTC Markets.
NASDAQ uplisting? I wonder if he told SOOAK or whatever that he had done that. Amazingly just being on the board he has managed to drive the company even lower. He could literally have done nothing and it would have helped CAVR more. I doubt anything happens here for some time as if the unwinding isn't agreed to (and why on earth would Kevin do that) the potential lawsuit for Ruhl refusing to turn over financials makes me also think they aren't turning in income. I wonder if Ruhl is the kind of person who rather see his company burn then work for the board. I thought it was odd they created a board and Kevin told everyone it was required to uplist. Now just about all those board members are gone and Kevin is still in control after divesting the best revenue source for CAVR. Just... outstanding job. At least with toxic funding we all know they are terrible, CAVR's handling has been done so poorly it's almost an artform.
But hey if the projected information from the sale data for Ruhl is true then I wonder if any of that revenue actually shows up on CAVR's books.
This has aged so poorly its kind of amazing really how so very very wrong they were. Perhaps even criminally so. The decisions they have made and divesting of the possibly best money maker they had and the renuyou deal to himself. You know all those restricted holders looking at a 90% loss of value have got to be absolutely livid. Wonder what the future holds for CAVR and Kevin. Hope those convertible notes don't hit or its really really bad.
Well the lawsuit is not good but they happen in construction alot. But it's also Ruhls problem so if they leave its not CAVR problem and if they stay then CAVR has the revenue but have deal with the lawsuit. Its not super but I'd take the lawsuit and crappy yelp reviews with revenue then the nothing and wasted time. Kevin is out of his mind giving himself over a million B shares and they gave Ruhl 4.3 million for his company and Kevin has contributed less than nothing.
It's kind of amazing they got Daniel to sign over his company for 4.3 million B shares and then somehow screw it up so bad he changed his mind and now they basically want him to pay to get his company back. It's pretty amazing. I really wish they'd have shared what the hell Daniel was expecting and what Kevin aka The Board expected. Has to be something there especially with Grant vanishing and now his compensation shares are "under review". Its pretty impressive messed up situation The Board aka Kevin has created. So either they work it out or years of lawsuits and with Kevin and Joe having protected B shares well... i imagine all those restricted share holders who sold there company to Kevin for 0.015 shares are super happy now having loss 85% of their value. Even crazier another company hired Kevin to be their CEO and he took RenuYou with him and had CAVR holders pay for the new location they opened. So crazy should be illegal but probably isn't. Need Alexander to undo this Gordian Knot.
It's in the latest Q. Daniel asked to unwind the agreement. Board aka Kevin said no. They'll do it for favorable terms.
No idea. New management hasn't said anything. It would be nice if they at least gave us dreams of giant skyscrapers and high end land development. Grant bounced and deleted his Twitter as fast as he could. Did anyone tell Joe he was in charge now? Ironic that Joe is the owner/founder of AV Rover but I haven't seen anything. Maybe his share reduction plan didn't work out so well.
At least Joe actual owns some shares so at least he has a reason. Kevin executed his warrants which I would love to know what that new price was at... I doubt it was the 7 cents he said originally... oops.
Maybe he can keep the office they built in NC. Which also whose that for now that Sinacori and Monument are gone? And RenuYou. Gonna build a sweet new office in Tulsa or Georgia? Alot of this is nonsense but that maybe the most ridiculous part of it all. Build a corporate office and within 2 years everyone and every business is gone from there. Can you give negative compensation to a CEO? Take his shares away for doing such a poor job. Uplisting to NASDAQ my foot.
Well looks like i was wrong. Not a good look.
Well thats never a good look now is it. I like to think Grant will get it out before but who knows.
Meh its probably more of informing everyone. I'm sure he knew it would go back to pink limited. Probably. I guess better to file an extension go limited then not file one and go limited. Then again maybe "big four" experience is different.
Filed the extension but said 25th on it I guess taking more than a week is a no no.
Was thinking the same and then checked the dates on the PRs which happened in July so this Q will probably actually look pretty bad unless they somehow closed on the 30th and didn't announce until July which maybe but since this will be April through June I'm not sure we see much good news or questions answered until Q3. But maybe I'm wrong and they'll put some information in. I can't imagine why they needed an extension unless they had some things happen. I guess we'll see.
Grant is in a weird unenviable position but one he has taken on. Somehow all the old management has to be dealt with for doing a stupendously bad job at running a company. Using a 3a10 to acquire companies I don't believe they've ever touched (postbidship?) having to sue their own CTO after hiring him from said company and then firing. That's been years. Silver gets praise as brilliant but... yeah went to Las Vegas? to film for GTA with some kids and I am dying to know how many subscriptions that website got. Bought Trudent to give Grant some money because that crap didn't exist until a deal was made to acquire it. And now it's admin dissolved which makes you wonder how many billable hours it generated. I actually think Canary travel has made money but no evidence of it just a feeling based on the fact the website seems to get updated. RenuYou was probably what Kevin spent the most time with and took it with him on his way out. I certainly hope Sinacori has to give up and arm and a leg to get his company back but they will probably give it back with shares. How's that DRIP lawsuit coming along Kevin? No updates in what a year? Besides the President going to jail. Man can't believe I how much of this koolaid I drank.
That's like 3500% improvement!!!! Winning!!!! Also... that's alot of digits. Shouldn't it only be like idk 4?
Probably gonna see that type of ratio until Grant releases something or the Q drops and even then. That first Q with the acquisitions on it maybe a big deal. For now 🤷♂️
Well extension just dropped so there ya go.
Whelp guess we peaked Friday. Over/Under on reported Q2 this week? I guess Q3 will be the big one with all the information about the acquisitions? And disquisitions.
Ooooo so close to 1:1. 20:17? Had a little spike there mid day I thought it was about to explode but... nope. Least she held the penny line.
Well we had 1/6 the ratio to 1/3 to 1/2 so tomorrow we should see 1:1. 10 million added to restricted. Good to see canceling those 200 million going to good use. What is this another cash infusion not a good sign imo if Ruhl and etc were free cash producing/profitable. Maybe it's to early.
Ratio has improved last 3 trading days from 91:1 to 15:1 to 6:1 any day now it'll be even steven.
Well there is no actual tower... so no one..but if your asking who owns the land the article says CAVR wholley owned subsidiary Sinacori Builders purchased the 5.1 million dollar land that was valued at 7.7 million resulting in 2.6 million equity. That wad also back when Bob Silver was CEO so... gonna say the land belongs with Russ. Curious how much property Russ is taking.back with him and its overall value. Wonder how this will effect the financials.
I dont believe we've ever seen a break down of revenue split among the companies. Which would have been useful to quickly understand which companies were good acquisitions or bad. Grant admin dissolving Trudant makes me think that it wasn't worth his time to maintain. Could be wrong but it could also be because Trudant wouldn't fall in line with the new direction.
But also can't help but feel like Sinacori is exactly the direction they want to go in so... that's still a head scratcher for me. Wonder what he's giving back to leave with his company.
Well... that didn't age well. Curious. Lots of bidding looks like with a lot of pressure coming from the top. Looks like it could be someone trying for shares.Or just retail nonsense. Hope Grant drops something real and not another we have exciting news coming soon. Granted (see what I did there) that 250 million restricted OS retirement was impressive to see both in amount and speed after announcing intent and then executing. Grant definitely seems less dreamer and more get it done kind of guy. Guess we will see.
There is a lot that is expected to be updated, but I think they have a reason for not updating it, and it probably relates to the new acquisitions and changing the company name or maybe they want to do the ticker change and uplist all at once? Idk. Grant and Co seem to be much better at discussing moves and plans. Maybe the new acquisitions allow for better (or any) free cash flow.
Hope they got back what the paid Grant for Trudant. Pretty sure it was some shares? Have to go look. I suspect this means Trudant was not very profitable. Can't seem to find what they paid just the article about acquiring it which was pretty amusing they acquired a company Grant registered at his home with a staff of one.
PR train has been running hard lately. Much better than the silence but not the market response you'd (I'd) expect to see with share retirement. Curious.
I doubt we see OTCQB uplisting though in the next 3 months nevermind 27 days. Not sure we see any uplisting. At least they are trying to generate excitement so that's already an improvement. Kind of strange they are being so vague with details. If it was a good move why not talk about how the deals happen. Not just share retirement but the "up to 60 million" revenue. Well good luck to everyone.
Something something about September? Don't recall but someone said September was going to be big they just happened to be off by a year or two. It looks they are doing good things but man those tweets about tweets are something. But Market seems to like it. Probably gonna see another sharp increase in price followed by news release and then. Well. Hope everyone wins.
Thank you for staying focused on the companies failure to achieve the OTCQB uplisting the company announced 3 years ago. This continual failure is an embarrassment. Hopefully the company will make an official pr discussing its plans of uplisting. Maybe an official pr release will occur in the near future.
MMs are allowed to post averages to facilitate a market. Is it abused? Maybe (probably) but if the demand was high enough wouldn't matter much. Less than a million today and didn't trade over a penny. Company leaked hints of news coming for nearly a month and the stock ran (pumped) and now is dipping (dumping) as everyone exits. I hope phase 2 is more exciting then phase 1. At least how the market is responding to it. But clearly people aren't rushing to add after hearing the news.
That's awesome news. Congratulations to everyone.
Oh look. Delayed... shocking.
That was Kevin's stance. And they haven't always followed it so not sure how much it still holds up. But yes they have said that in the past. Still it's trading well anyway.
Maybe I missed it but... still no news yet right? I see alot of hype flying around but really concerning that they haven't dropped the news yet. OTC classic buy the rumor sell the news going to happen? I don't know but love the NEWS IS COMING and... still waiting.
It's what I'm afraid will happen. It happens alot in the OTC it's why I like companies to just drop the news and not hint at it for a month.
I will note that they have not actually put out the news. If they put out news Monday hey good job. Could have easily said it at the beginning of June with the previous announcment that they would announce it in July or better yet not say anything until the ACTUAL news was ready to he released. Instead they have increased the pps on talk of news coming for nearly a month. I think there is a synonym that could be used here.
And again... they have yet to put out the news.
Hopefully we wake up to news on Monday and not more news about more news coming.
It is really odd. So Saturdays/Sundays and Holidays count? Feels like one of the only times I've seen a requirement listed as calendar days and not business days. Weird.