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Ticker change would be good too
That is reaching. The delay could be unexpected due to the supply chain issues.
When is the launch expected? Sometimes, launches are delayed. For example, it could be due to the supply chain issues. Hopefully we get launch in time for the holidays. Would have been nice to see the ticker change before that.
Is RegA the name change/ticker symbol change?
New to investing. What does it mean?
Will this be ready for the upcoming holiday season? I would think they would want name change/ticker change ASAP for the holidays. Do they have stock on hand at all?
Can FINRA be busy or behind with the new OTC requirements and grey market stocks? I think there are changes at EOM.
When was the reverse merger and when did it happen?
Re: DRYWORLD has completed its reverse merger; amended its Articles of Incorporation, authorized the issuance of preferred stock and name change; the Company is now preparing the issuance of shares pursuant to the merger agreement and filing with FINRA to change its name and ticker symbol.”
They acquired Tickeri.
Check out TSNPD.
Just curious, how is trading out of retirement account different?
TSNP is just filling the gaps from last week.
I thought Schwab bought TDA
What corporate action?
I tried to sell some HCMC and it was rejected for "Due to corporate action processing, this security is currently unavailable."
Is this a virtual trial or in-person? Will it have a jury?
Wow that is good news. I think it is a positive direction. Is Expert Market a new tier? I did not hear of it before.
How long did it take with DBMM and SOLI to go from expert to the OTC Markets?
Yep. I think they are lowballing the case. I have seen many companies do that. That is why the judge said Feb 7 and trial in May, 2020. The judge probably feels the defendants will get serious after mediation date and before trial date. If they continue to lowball it, the defendants will get some real pain $$$ after the trial date.
I bet many defendants' attorneys on that case feel they should have settled years ago and are probably scared to let the companies know the true amount and extent of damages. They probably felt it would not go far.
Mediation date is Feb 7? Just some random thoughts about Feb settlement talk. Maybe he said that so that the ticker would not run up a lot. Look at what happened in September 2018. Maybe he wants to be taken off greys.
Maybe the companies are offering to buy SECI and they don't want to pay Amazon-like prices of about $1900 a share.
My hunch is really that the powers that be don't want the share price to go out of control. Both sides are probably trying to determine the real value of SECI and its technology. Personally, I think the defendants are trying to devalue SECI and its technology as much as possible. They are trying to lowball it. By going to court in May, the judge and jury will have more say as to the total fair and just amount of settlement including the treble damages and/or RICO. Pericles is probably telling us that the defendants are only offering a miniscule amount for settlement instead of a fair and just settlement amount.
Just random thoughts on this. SECI - "the little company that can."
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Doesn't help that Pericles is telling investors that he doesn't think a settlement will be reached by feb.
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Like you, I took that to mean revenue. The thought that crossed my mind is where will the revenue come from? So that is why I think settlement. Although, I am beginning to think the public sentiment with a trial might be better for SECI. It could be higher $$$ that ways too.
Could this mean a possible settlement by EOY? == Due to the pending litigation, the Company operations are not likely to produce positive cash flow until at least the end of the fiscal year ended March 31, 2020.
I wonder how much money did they lose due to this trial?
Either that or a mm is trying to work on dropping the price down.
Do your lawyer friends think it could be settled before EOY? I am just curious if they think it could settled out of court sooner?
I don't understand how the sp could be held down. Is it possible that some MM are buying 100 shares and selling them to each other to clear the shorts?
I just don't understand it.
Just Curious and confused. Does the government sue when it goes RICO? or does PA have to pursue it after the trial in May or does the May trial include RICO?
I don't think RICO is nothing since then the summary judgement last year would have been dismissed and the current judge would not pursue and have mediation for February 7 and trial in May.
What I am surprised about is that one of these companies did not offer to buy this technology from SECI earlier.
I wonder if the firefighters can start a class action lawsuit when the case is settled or case is decided by trial?
I wonder if multiple people or companies will fall because of this or will there be just one "fall guy?"
If the SEC was investigating the source of those shares. Wouldn't you think they would have concluded that investigation a long time ago? I guess I don't understand the SEC and why they are penalizing a stock. Do they think SECI will still be maliciously manipulated if it went off the greys?
I guess I have a feeling Market Makers would continue to do this.
Do you think the Shorts have already bought SECI shares this past year to cover themselves when this goes back to the OTC?
True and if the families knew this technology could have saved their loved ones. There would be wrongful death lawsuits and that would cause more headaches for the defendants.
I think the defendants will want to impose a gag order so that people don't know the extent. That is why a trial may be more exposing to the public.
I really think the defendants will want this to settled by EOY or by February 7. But I almost think it would be better for SECI to go to trial. The jury will be more sympathetic and add the treble or more damages plus the RICO.
NO Level 2 because there is no market makers.
Is this the highest price stock on the grey market now?
You know another incentive would be potential lawsuits. From my understanding this technology was supposed to aid rescue staff. If someone died as a result that this technology was not used. People could sue for wrongful death. That would be more detrimental to the companies that stole this technology.
Thank you. That is what I thought. But thought I would ask anyways.
Does the judge have anything to say about the settlement amount? Can they say more than that amount or does it need to go to trial for a higher amount?
Based on what I read with the tweet. It is a win-win for SECI with mediation or trial. What would be worse. Probably the trial for the companies. If it goes to trial, generally, it will go to the little guy. With all the evidence, I don't think it can go with the defendants because they have been stalling for 10 years now. The last tactic with motion for dismissing the case would be probably be considered the straw that broke the camel's back.
So the main question will be - what is the judgement/settlement amount?
Does a judge review the settlement offer? Can they change amount if they feel settlement offer is too low? Can they still recommend RICO charges? Can the defendants require a gag order on the case? Just curious.
Thank you.
What would be fun is if this got off the Grey Market now. Then the shorters could not catch it.
My guess, it could be settled by Christmas for one reason - end of tax year. It could be tax write off for some of those companies. Plus the longer it delays, it could be bad publicity too.