https://youtu.be/niTCNjgD4uQ
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$TIRX annual report.
Right now they have about 27.6 million in cash! Approximately a HEALTHY $38,-/share!
https://ih.advfn.com/stock-market/NASDAQ/tian-ruixiang-TIRX/stock-news/94211452/tian-ruixiang-holdings-ltd-reports-financial-resul
They pulled through the merger.
https://finance.yahoo.com/news/dih-holding-us-inc-closes-233100310.html
8k and 425 was just filed.
New company name, new ticker symbol DHAI. Merging company:
https://www.dih.com/
https://www.sec.gov/ix?doc=/Archives/edgar/data/1883788/000149315223045613/form8-k.htm
https://www.sec.gov/Archives/edgar/data/1883788/000149315223045616/form425.htm
All right. Just hung up the phone with Mr. Carney.
The company (Mr. Carney) is working on the issue of outstanding bonds and looking for solutions to reduce/eliminate the debt.
There will be no bankruptcy, simply because it’s expensive.
There is no chance that Ionic can grab any of $AMNL’s assets because of Mr. Zeitoons involvement with Ionic.
Mr. Carney is pursuing opportunities in the market to make the company positive cash flow.
Last week a master batch of product was sent out for a trial to one of the polyethylene caps and boxes company.
There are also plans to use halloysite as a nucleating agent in food preservation.
As soon as the company starts generating money, filings will be made, company will be current.
Mr. Carney said that he does care about the company and the shareholders. When outside investors approach him his negotiation’s always mention the shareholders and their faith.
I know he’s not giving us a parade but he’s giving the company the very best he’s got. (He was still at the mine when we had a chance to talk)
I didn’t mention other companies and potential partners intentionally.
I asked Mr. Carney to withhold this information from me because I do not want to have any insider information.
I hope this helps while we wait.
Expert markers… No public trading.
https://www.otcmarkets.com/stock/AMNL/security
No, not yet.
I sent him a message. Let’s see what he says.
Not at all, just check in with the CEO time to time.
No update on my side yet.
Is anyone contacted the company yet?
— Rymada (@rymada701) May 23, 2023
Agree
I never said that that’s what the document says. I said what I’ve been told…
Yeah, he told me he found a cheaper preparer.
Actually I did ask him about the annual report. They’re usually late but not this late.
Ionic I did not ask because we had a conversation about this subject when it came out…
I did advise for the benefit of the company he should be more engaged with the company’s shareholders about AMNL’s plans, moves etc. but I did that over a year ago.
Regarding the annual meeting I requested at least Skype access for us but the mine is not equipped with the required technology.
We haven’t talked for a long time because he’s been busy and so as I.
I can assure you any shareholder contract him will have a conversation about the company.
Let’s put together a questionnaire and one of us could call him and have the answers.
Picking the negative out of it is telling…
Okay, don’t care. (You can call him too.)
I talked to Mr. Carney. He didn’t even realize that the stock price declined this much. He’s working on finding value for this company. There are promises in the plastic resin front. He could not give me specific details but he’s been working 7 days a week... The only way out of this situation is to find value and that’s what he’s trying achieve.
WOW $AMNL in the trips…
Yup, exactly. So to force a 31.3M debt out of a 1.9M MC company is a fruitless battle to begin with. lol
It will tank tomorrow no doubt so I’ll keep watching. JMO
When a company defaults on its notes, the lender can take possession of the property or equipment offered as security for the debt. In some cases, the lender is limited to the secured assets, and if the obligation is greater than the secured value, the lender must take the loss.
So let’s see what was offered as the security for the loan and we go from there.
That’s a kind of low for this little gem. JMO
That’s when I buy them, when it’s not looking good. Tripled my position. Works for me.
Someone market sold so I added. Thanks.
The OS haven’t changed for a while now and they not going to need toxic financing for a while as well. All this selling is retail giving up on it so I quietly doubled my position… and if it goes lower I already have my buy stops in.
Trying to slap the ask for the full share count and some. And it’s filling me at a significantly lower price… I’m not complaining but if I’m willing to pay more why would you fill me for less?!?
Any ideas?
After hours trade showed up.
Yes, OS hasn’t changed and no t-trades since.
Trading clean since past week, (all is retail), and golden cross formed. Good news was released, company coffers are in good shape. Time and patience. JMO