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yup imagine if they announce the closing of the pending acquisitions as of 01/01/21 then monday post fins containing a Q of revs
Well you would think they would be ready for that....so lets hope they have it ready to go.
when is Q3 due by? 5/30?
its definitely possible. if you look at the companies that went from pink limited to pink current this morning they are all from companies who posted their attorney letter on 05/04 which is a 4 business day processing time. that could even put us to friday for current status change.
We have waited 2 years whats another couple of days....but on the other I dont want to wait another 5-6 days so they better do it ASAP!!!
i agree i think we are current tomorrow morning and then news either tomorrow late morning or Thursday.
Feels like a low volume drift back towards .10 kind of day.
yup they keep moving it lower...obviously trying to chase something else. oh well someone will get a nice 200k shares relatively cheap. then we can move back higher.
Yup i think a lot of twitter is shocked that this holds 400% gains like its nothing. The power of a real company!
Yup Need some of that large OTC money floating around to flow this direction. need 50 million share days here which based off some other less interesting ticker news happening right now is entirely possible.
I think a lot of OTC traders dont understand real companies and how rare that is. once the company starts to communicate and show consistent updates about their real business this will really skipping and hoping to much higher share prices.
It’s possible, that would be nice. But remember they dropped the filings Friday and it took until Wednesday to get to limited. But maybe they have less to review for current since it’s just the atty letter
2-3 business days max. Most likely Wednesday morning based off of current processing time.
I don’t think atnam has a website. I think if someone comes to TNN for a custom designed part they can take an idea to CAD to part as a full service design house. All the revenue from the design and CAD work goes through Atnam and the actual CNC milling work revenue goes through tnn. Not sure why it’s setup this way but it seems to imply that it’s fairly separate since they were able to apply for two separate PPP loans. If I had to guess I would put the combined TNN entities between $30-$40 million in revenue per year.
Let me state again there is no solid evidence that MVNT acquired TNN. The only things we know is that they share loading dock and possibly some work area. And the TNN long time CEO and I think founder announced on LinkedIn about 3-4 months ago that he was retiring soon.
ok here is the original patent assigned to Predominant Pumps & Automation Solutions LLC
System and Method for a Multiple Plunger Reciprocating Gear
https://www.patentguru.com/US2019101113A1
System and Method for a Reciprocating Injection Pump
https://www.patentguru.com/US2019128247A1
so i think this would put predominant pumps in the clear since its assigned to the company.
Sami also has a patent on an "turbomachine multiphase hyrdrocarbon pump having an auger coupling "
https://www.patentguru.com/US2018258749A1
https://www.patentguru.com/US2018003022A1
here is a similar or same type of pump designed by sami assigned to:
BCRT TECHNOLOGY LLC
which sami owns:
https://opencorporates.com/companies/us_tx/0801867814
yea thats interesting.
I see the patent date is 2/2/21 but also Sherman Pumps LLC became inactive 01/15/21.
https://opencorporates.com/companies/us_tx/0803178585
possible Sherman stopped trying to sell its own design and predominant pumps has the sole license to sell pumps with that patented design.
I mean I can name 12 companies with connections to MVNT but no way to confirm. Like I bet most don’t know that TNN own a design firm Atnam and based off their substantial ($954k)PPP loan they got due to covid, the probably do close to $12million in sales just from design work.
Now it’s suspected that TNN could be an acquisition target then one would assume that atnam would be apart of that?
Ok so you have DD that confirms the company closed 12 acquisition.
You also have purchased your shars and are holding for $$ but don’t want to share your DD because we should figure it out our selves?
Why not share your DD. If you own all the shares you want then what would you lose by sharing your research.
Over the last 2 years everyone here has shared everything they have been able to find out. That’s how we have built such a great group here.
Haha you think I’ve missed the price or am shorting this stock? That’s rich....
I’ve been posting here consistently since early 2019.
Gotcha so you got nothing. Next.
I don’t understand your joke. I never called private companies or have called the secretary at MVNT... you are implying you have confirmed 12 acquisition. Got a list?
Haha can you pm me the list!!!
We will se, the jury is still out on those two. We have tried to reach out to them to see if they would confirm that they were acquired by MVNT and didn’t get a satisfactory answer. I think the service based company with the heavy vehicles would be the most likely based off of some loose connections I have been able to make. The other one that is the manufacturer I’m only giving it a 25% chance.
Looks like the pump predominant pump patented
https://shermanpumps.com/pumps
yea i based that time frame off of the last 3 companys listed as yeild to current on the otc markets website. and when they had posted their atty letter.
News actually soon. Expect current Wednesday or Thursday morning.
I’m actually worried about the opposite. Most companies of there size (what we think is their size) hire an investor relations firm to handle this aspect of their public company. It’s the small guys who try to handle it themselves. The poor receptionist getting calls all day long. Hire a IR firm and have them take the calls.
I believe to have an ALPP type run you have to have Legit Company, Good Share structure and be able to communicate timely/prove you follow through on what you say you will.
If you do only 2 out of 3 can you have an ALPP type run? that is why im picking at the fact that they simply need to communicate why they missed the deadline and how to plan on fixing it. Simple.
Is it the company's job to communicate with shareholders the status of the company both operationally and with regard to public disclosures. The answer is yes. And so far they have an F in the category.
Create a deadline...if you miss said deadline communicate why you have missed it and how you plan on rectifying the failure to deliver....its really simple.
Which is fine....but i was hoping they would start to communicate properly. If you say Attorney letter early next week and early next week passes and you dont have it ready take 5 seconds and put out a tweet saying Attorney are delayed with influx of requests we expect attorney letter to be delayed by a couple of days. To create a deadline, miss it then stay quiet again is really annoying.
obviously they haven't cared about missing deadlines in the past and the shareprice hasn't really suffered because of it(not that they care about the shareprice). I was just hoping they were turning a corner on the communication front. I believe this is what it looks like when you dont have a professional IR handling communications.
If it ever fills it will barely touch it and barely any volume at the .06 level. I hope no one is counting on getting any size at that level. I don’t think you will find 1 million or more shares down there. Unless the company doesn’t speak for the next 2 weeks
I like the chart setup and the momentum so it would be nice if it all stays intact with the company following through....
Come on guys hit the little upload button...
I slapped ASCM a couple of times. I like knowing they will most likely have to cover higher.
I wish we had a few more eyeballs on this at this point. But i think its coming. People will see how strongly this is trading. Another new all time high might get some attention.
Soos shared that the yield needed come down next and so I looked up how long it was taking otc markets to process those changes.
Atty letter today hopefully early(not sure if it Matters for otc markets for them to process one day earlier) then pink current most likely Monday
Im not sure if you have noticed but the company doesnt seem to be concerned with day to day price movement. if we go pink limited tomorrow and we arent presented with the atty letter then feel free to complain and ill join you.
im really loving this consolidation. Just need to hold .08 and its extremely bullish for a push towards .20 with atty letter and getting current.