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Based on the reading so far. there does not seem like an opportunity to put any lipstick on this pig!
Tragic. As someone who holds a few million shares. I hate to bash but so far, this is disgusting! All IMO!!
Yes, there was a deadline for OTC shell status. I believe it was toward the end of this month but not absolutely certain about that, May had a lot to do with driving the decision. Same with KAT@, I am guessing when the deadline approaches, the best decisions do not get made, All IMO,
Somebody needs to stop the bleeding with news that TRIES to explain this.
4's starting to sell. Have to be kidding me. The whole thing smacks of an act of desperation! WHY????? Is Logan Rice Chip's son? Makes sense given Chip's lock on shares OS. WOWZA!!
Awesome!!
Could very well be. Audit are a very aggressive records request experience!
I originally said middle of March but IMO, that would even be fast. All the note holders have to be verified and then they have to look for notes that are not being reported. All 0 balances have to be corroborated as well. Doesn't surprise me that it is taking this long. Until the as GMS posted:
ZZZZZZZZZZZZZZZZZZZZZZZZZZ
Bloodbath? The DOW gained 5 - wooo hooo LOL
Not here
My experience with Discord is nothing but a giant P&P. Almost fun to watch people getting led around by the nose with lie after lie. Kind of like our current Government!!
Ok everyone..........stop watching He is right though. Every time it moves I'm not watching!
Getting dimmer by the day but still hopeful.
Well, I guess they can sell as many as they want
Heck of an opportunity to execute the SPA.
4's - are you kidding me? Talk about a PANIC stricken trader.
Took another milly @ 5!!
C'mon Caren!!!!
What it would take to buy a billion shares back from Chip Rice? If I am not mistaken his share price at the current PPS would be about .0010 so a billion would cost $1 million??
Agree GMS. Penny talk is foolish at this point. Will need the merger to happen and a couple super profitable filings to see any copper. Need to temper some expectations. A 6 bagger would be fine by me.
Just got that......slow uptake GMS!
"Slow Ride"
They certainly paid well. The rest I cannot comment on. LOL
Even 0 balances require some level of scrutiny!
Even though there is not too much to audit, everything needs to be confirmed usually through third part corroboration. It takes time to get things back and confirm the amounts, not to the dollar but enough transactions to satisfy the audit criteria. I would guess mid-March at best. I audited large companies (Boeing, Lockheed) but I never saw anything close to an OTC Financial Statement (FS) which always carry an adverse opinion regarding going concern. It use to take years with a small army of auditors to get an opinion out on the large companies so the mid-March is a guess considering the small amount of accounts and balances on an OTC FS.
Agree but with weeks not months. Sounds like the audit should not take too long. As I said before, not much to audit!
Sorry looking at the wrong ticker
My Bad!!
Did I misread something or did the bid for 5's drop DRASTICALLY!!
Maybe who the LOI is with? DBM was the last LOI so I doubt she entered into another with them, So who??
Notice how every CC tweet regarding CGAC is inundated with "what about KAT@, what about @@@@. Give it up people, it's about CGAC.......wait your turns!!!
CC need to put a little meat on those bones IMO IMO.
That is all we have at this time Eli. Speculation but hopeful speculation
I would be pleasantly surprised (SHOCKED) if DBM is still a play with CGAC. CC's last tweet was a perfect opportunity to at least update us on the status of the merger and share buy back. She mentioned neither even though the 120 day money date had passed. I sincerely hope I am wrong but reading between the lines cannot be overlooked. However, if DBM is gone, can't think of a better CEO to find something else equal or better.
I remains long and strong!
Hanging in here but packed my suitcases for the long trip ahead.
So if the OS is unchanged after yesterday, it can only mean that some heavy hitter(s) decided to get out????
Paying bills? Looks more like and exodus! No choice but to hang on and hope for the best.
Just got home and took a peek. Still picking my self up off the ground. UNBELIEVABLE!!!!
So audit the shell and then sell it? What happened to DB Management. That one must be a no go along with the buy back. Just guessing but she mentioned neither!!
I am curious. What is there to audit in a shell with no revenues??
Yeh Baby!!
Going the right way!!!
Perty Perty Please!!!
Lots of dates flying around but one thing seems certain. Something need to happen relatively soon or this one dies on the vine, I do not know CC's history as well as others but from what i have read, it is not like her to let one die on the vine so I remain hopeful/prayerful!