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PSTO announced today the strategic demerger of its subsidiary, Infinity Supply BV.
Needs news of a client contract or sales to really make a move.
I don't see that $9 being possible with the pending merger.
Under the Agreement, the Company has agreed to merge its wholly-owned subsidiary in American Environmental, with American Environmental as the surviving company in the merger. As merger consideration for their shares, American Environmental shareholders will receive shares of SCWorx common stock equal to 83% of the combined Company, on a fully diluted basis, after giving effect to a pre-merger capital raise of up to $6 million by American Environmental, which is a condition to completion of the Agreement. Therefore, SCWorx shareholders will own 17% of the combined company on a fully-diluted basis after the merger.
8K released.
Departure of many officers.
Sounds like you might not be based in the U.S.
I am suspecting that is a fee for international transaction. Have not seen any U.S. based traders complain about that extra fee.
Interesting. Great observation.
So we have to assume they have really tried.
Just wish they would communicate as to the reasons of the hangup.
One can hope so. The verbiage below seems like a word salad. Lots of AI word mentions but what does it all mean??
Could just be throwing the AI word out there as that is the latest hype in stock investing now.
General stock investing hype moved on from NFTs to lithium mining now to AI.
Many people trying to pump stocks based on AI hype now.
Since March 8th, 2023, Infinity Supply BV, a subsidiary of Powerstorm Holdings, Inc (PSTO), has refocused its
strategy. While PSTO pursues acquisitions, Infinity Supply BV is concentrating on providing its existing clients with AI
automation solutions, primarily in the telecommunications sector.
To execute this strategy, Infinity Supply BV is enhancing its AI automation offerings. This involves actively pursuing new projects, targeting telecom operators in both developed and emerging markets, and assembling a dedicated team for AI transformations. The company is actively seeking financial backing for these AI projects and for forming of an AI specialized new team.
Supporting its direction, Infinity Supply BV has presented potential AI automation partners with value added marketing collaboration and investment opportunities. With its lengthy history in the global telecom sector, the company presents a potential investment proposition, aligning with its AI-centric goals.
It has been 2 years since they said they were initiating the process to uplist.
My inquiries as to what happened to this process have gone unanswered.
They have obviously hit a snag and don't want to divulge the problem. My guess is they have given up and just don't want to admit the failure.
Last Twitter update:
We continue to have conversations with interested parties. This process takes time when done right. Our goal is to maximize shareholder value.
Impatient traders are moving on.
Things were moving fast in the beginning and creating excitement. Stagnant, visible, progress is creating restlessness.
Unfortunately I believe we will be sitting in the dark until May. The 10K annual report will be out end of March / beginning of April. Not expecting much in that report.
Vince said revenue was coming in now with the new business model. We should see revenue in Q1 ER to be released in mid May.
At least this is my expectation.
All we can do is speculate since company is not communicating with shareholders.
An interesting tidbit I found out today.
Michael Barron, the former CEO of URAL, passed away in Sept 2021. The same year this "new" ownership stopped filing financials.
Was Michael involved in a reboot scam? Or pure coincidence?
If you have shares here, just hold them and wait for a future company change. The share structure is really really good. The SP could explode on a new custodian and being brought back to current status.
Just don't know if there are any conversions still outstanding.
The Restricted share count just increased by 30 Million shares.
Restricted Shares Updated:
🔴 11,015,013 (2024-01-29)
🟢 41,015,013 (2024-02-20)
Difference: +272.4% (+30M)
Unfortunately this is a startup company that will have to prove itself over time.
Can only hope it actually evolves into something worthwhile.
It is odd that they have a "team" section on the website and list no specific names.
Everything about that company is in a shroud of mystery.
Definitely not retail investor.
Just a funny coincidence after his statement of the previous day.
Need to ask the person selling at .000001 today. 😯
Just went on Expert Market.
What a waste of a good shell.
Shell? Don't say shell.....we have operations and revenue supposedly being made.
Will we actually see any revenue in the 10K or will they keep moving the goalposts? LOL
There's a silent update by the company...lol.
Let's see if he was issued any preferred shares in the next Q release.
I know this. No need to educate me.
I have been following ZHUD since 2019.
I was replying about another shell Papalaka was referring to.
Lol....again...in more detail.
I was referring to Papalaka's statement and his reference to another shell he was promoting. He made a statement that was not correct.
My response was not about influencing anything with ZHUD.
If you would have clicked on the posts I was referring to, you would have seen this.
I know this shell is clean. Been here since 2019.
I am not referring to ZHUD.
Try looking at what I was referring to.
That is not a true blanket statement.
I have seen multiple reverse mergers where the incoming company has to assume the debt of the shell they are merging into.
I have seen some shells with high debt get taken over, tried to go through BK process and the old debt holders would not negotiate with the new shell owners. The new shell owner then dropped the shells like a hot potato.
BRAND CRAFT HOLDINGS LLC is a Wyoming Domestic Limited-Liability Company filed on December 20, 2023. The company's filing status is listed as Active and its File Number is 2023-001378949.
The Registered Agent on file for this company is Registered Agents Inc and is located at 30 N Gould St Ste R, Sheridan, WY 82801. The company's principal address is 3120 E Latitude Cir Apt 309, Delray Beach, FL 33483 and its mailing address is 3120 E Latitude Cir Apt 309, Delray Beach, FL 33483.
The company has 1 contact on record. The contact is Hortencia Francisco Torres from Falls Church VA.
Hortencia also appears to be the owner of the residence in Delray Beach.
A lot of this selling must be due to conversion of restricted shares to common and then being sold.
You can see the lowering of restricted and increasing of common shares from the last financials to what is reported on OTC MARKETS.
The $21 Million order is referring to the following 8K.
https://www.otcmarkets.com/filing/html?id=17161510&guid=Lud-kpqa-fczB3h
You believe this will go to the Expert Market due to the Form 15?
I have seen other stocks that are freely trading with a Form 15 filed.
As long as they file quarterly statements on OTC Markets, they can continue to be listed under Pink status.
The reporting of those statements can be a lot more simple and omit many things due to not requiring audit anymore.
This stock continues to slide with dilution.
Email address has been updated on OTC Markets website.
They deleted the old AVVH one and replaced with:
info@goldquestcapital.com
Wonder if they will actually answer any inquiries.
Yes, there is supposed to be a spin off and current ENDV shareholders will get a piece of the new Sofpulse company. What that will look like is anyone's guess.
Good luck to you!!!
Collier never reports news about the company when things go wrong.
Why is his website with broken links.
Why was he so quick to allow ENDV to downgrade to Pink status and then file form 15?
This is all negative and moving in reverse of where ENDV ideally should be going.
Where is the communication from the CEO about these actions?
May the fleas of a thousand camels infest his crotch and his arms be too short to scratch!
Lol
Collier is coming up with a scheme of having Sofpulse with it's own stock trading symbol. ENDV will be a separate entity until bankruptcy dissolves it.
Tweets can't work when incorrect spelling of sites are referenced...LOL.
I sent an email to the PNNX investor email about the Tweet needing correction and no reply to email and no correction of the Tweet was made.
Unfortunately we have to sit around and wait until mid May to see the Q1 financials and see if revenue is really being made as stated.
Omni is gone.
Once he knew he could not get ZHUD current before the new rules were initiated, he dropped everything and got out of the shell business.
You are waaaaay behind the news.
Do some reading.
ENDV filed Form 15 on Feb 2.
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Where is Brandcraft registered as a corporation?
Who are the official officers of this "company"?
Here is the website.
https://www.brandcraftholdings.com/
Website was created in December. The website is very generic and does not list any specific people associated with the company.
Very strange they have a "Team" link but do not mention 1 specific person at all. Only a general story.
Completely surprised UPS raised the dividend by $.01 even with the negativity of the year end results and announcement of 12k employee layoffs.
Which month? We are at end of January now.
Have you seen the new tweet from Zuki?
They are not dead.
52 week low reached today.
Selling shares to pay bills?
The fact they allowed themselves to be delisted from QB was an ominous sign of what is to come here.