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For sure, this is wound up tight. Love to see a real business/asset merged or be acquired here. Perfect setup here.
Someone has a chunky bid up @ .001.
Annual due by 3-30 here.
I was stoked 2 see his pov on the mmtlp saga he's in, screaming about shareholder rights. He gets a ceo job for a stinky pinky, notoriously known for leaving shareholders in the dark, and what does he do for the first month.... leaves us in the dark. Could be MSFT, or it could be VGLS, shit don't change so do your damn job and run the company. That simple, put out a welcome letter with business direction. Talk about plans for debt and what's coming next for share structure. Or will it be scam again, which is what it's lookin like.
I hope you kill it here man, I just do my own thing. Im not looking for an entry, they brought too much debt here and in all honesty, with it being unsolicited, no real market maker can play here. Any kind of real liquidation will crater the stock, thats why I said when retail gets involved this will be so volatile, but they need retail. Gotta go lower so the capital can contend with the debt.
Ill say it from my perspective, only thing they want to accomplish here is the .0001 convertible debt. @ this price point, no way they can bring in traders for a real run, this will need to go mid trips and churn volume. The last filing paints their gameplan, 10 days before they published quarterly they changed a convertible debt deal. They had a prior deal worked up with the toxic debt to pay it off with locked down shares @ .005 back in January 2023 yet changed it in November, reinstating the notes and giving back interest for the whole year on them, with a conversion rate @ .0001 or a 50% discount. This was trading @ a penny back when this was reworked. These notes are due in a couple months or another default notice.
You arent seeing retail even sell yet, god knows the bottom. This could hit low trips before a group puts up some money, insiders will be right there waiting in the shadows to sell.
Unsolicited quotes mixed with bottom floor convertible notes that are closed to be in default. Tricky territory theyre in, who will bolster this up? Gonna start pushing out a lot of PR's here I bet when it gets to a more attractable buy point for traders.
So is new ceo going to pump other tickers on X or be the corporate leader here?? Already off 2 a shaky start, oh well no surprise he's just another shitty otc ceo.
I am grabbing some, no split history with a need of a real business here. Could be a hell of a runner imo.
I read a couple notes can convert at .0001 and mature end of April 2024. Has company repaid those or they hitting now?
IMO, no corporate action will be seen here on Finra level until they file Form 10 and fix old reporting issues with SEC. That means we have quite the running room before any kind of split but what do I know.
Interesting our new CEOs views on MMTLP and the rumors of fake shares tied to that ticker. Seems like a smart man, like to see his plan here.
Couple things my man. New CEO was never announced via PR that I saw but by a required regulatory disclosure through OTCM. I am still expecting the magician to start his show soon, announce the beginning and whats in store before the grand finale. About the RS, god knows whats in store here but I have not seen one mention of any RS anywhere.
Pumper basher talk is needed on each board, more conversation hitting our minds the more creative we get so go tell your buddies to come here and talk about each nook and cranny.
Only time will tell here. VGLS has been down long enough imo, they all have their days.
I am starting to think OTCM is roadblocking many tickers who think they can just upload frivolous info in their filings. This is a shell yet it says it is not a shell because its current operations is an unincorporated trucking company? Curious how this pertains to entering Expert Market, from what time are they saying the yield starts.
How thin this is, we get a hvy volume day itll go bananas.
We need 2 shift this baby into gear. What is the magician going 2 pull out of the hat?
So I found out what they amended on the articles of incorporation, and surprise surprise, for once we have a good reason. They changed the conversion ratio on the preferred from every 1 Preferred = 900 common to 1 Preferred = 1 common. Im starting to think Strickland sold off the preferred control, imo this is big since this was a voluntary act. 900 million to 1 million is quite the shot in the wallet to give up willingly.
Interesting, looking good. Curious to see the gameplan. $VGLS been beat up so long, lets give it some fresh air.
Thats some good news coming in the future. Already have distribution setup again, and hitting up Amazon and Walmart is always good.
Lets clean up the personal talk peeps, keep it pertaining to VGLS. After this point I will remove attacks jfyi
Hmm it was just put out on OTCM supplemental, no PR I saw. It was sitting @ 200m for a bit so imo, its still very under the radar. They will start informing us through X pretty soon I would imagine. This ticker deserves some lovin, either way it goes my man, lets see what plays out.
We have zero information on what has happened here, give it time. New Twitter/X will start pushing out news. I am thinking we have change of control, new assets coming. New CEO will put all frivolous debt out the window, might even see some kind of share cancellation.
I cannot find anything on the amended articles, just the event itself. Am curious if someone has new control now and new preferred were created.
When a ticker is @ no bid, there cannot be any sells on the tape until it gets past the .0001 ask. There needs to be a bid for a sell to register.
$VGLS named this twitter in todays supplemental info so not sure how you think its faaake with 3 a's.
New official $VGLS X/Twitter account up and running.
https://twitter.com/VGLSIR
Something tells me this court debt is about to be obliterated. Lets clean up the fake and bring in the real
Hes a prior trader and seems to see himself as a stockholder rights type of guy. From what I read, hes across all major social media sites, championing for SH rights.
Any other information peeps have I would love 2 hear.
William P. Farrand is an interesting pick.
We need information from management. What's up and what's next.
I would say long but if this runs x20 or so, I would have to sell some off but I love to keep shares in real companies. I read over a lot of OTC fins and this one stood out to me over many others, especially for what it had and SS @ this level. Debt looks real but of course I bet its through insiders etc.
For a bit, I am not tripping about it. Way I see these penny stocks is you buy them when they are beaten down, spitted on, mocked, ridiculed and forgotten. Its all cyclic, like any other force in the world. They will bring this back up where it belongs.
Did you just sell me 2 million shares?
Top right, alongside "Transfer Agent Verified" would have "Verified Profile" also.
https://www.otcmarkets.com/stock/ATWT/profile
Ill link another ticker that is verified, also link the OTCM glossary which explains it.
https://www.otcmarkets.com/stock/KGKG/profile
https://www.otcmarkets.com/glossary#verified-profile
Alternate reporting with OTCM solely rests on 2 factors in going to expert market. Publishing an annual within a 16 month period and having a verified profile. Them having problems with past Q and not having a verified profile, which can only be done by the issuer of the shares, can make some traders/investors think its possible it could be stuck in expert market, which means only selling is possible.
https://www.otcmarkets.com/files/15c2-11%20Tier%20Chart.pdf
So thin going up and down, they hammer out the debt with Mast and there wont be much of anything in the way. Want to hear some more info on what plans on any acquisitions or bringing on marketing power.
Company needs to verify profile with OTCM and must not miss annual date upcoming. Do not want to be put into expert market.