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Belisarian is new to the market.
There is no history to go by.
It is being run by 2 young men that are barely past college.
Will have to see how the first few shells play out.
What is the current situation with MULN and compliance? Since they didn't make it after the most recent R/S, were they given another 180 days? I would have thought they would have needed to R/S again or delist?
What is their current deadline to remain listed on NASDAQ?
It definitely is too early...but he referred to "long term" holding.
ZHUD - is now fully awarded to the new custodian. Restricted shares from previous owner have been cancelled.
Now waiting on missing filings to appear on OTC Markets to become Pink Current.
160M O/S.
Keep watch on this one!!
From your lips to God's ears!!!!!
Let's holler for the dollar!!
It is way too early to begin making any price predictions. Need to know what business will merge into this shell and what the shell structure will ultimately be after the merge.
This has to become Pink Current and allowed to trade again by the U.S. brokerages before we can see a big run.
Keep watch for the filings on OTC Markets.
Some Canadians are getting lucky to buy this while it is low and unavailable to U.S. investors....until it becomes Public Current.
Without the App release and people actually using the discounts and services, it means nothing in the immediate timeframe.
You can consider that PR as seeds being planted in the ground. The app release will be the water to make the seeds grow into money trees.... hopefully.
Nobody would even see the May post by now if you did not keep replying to it.
But since you keep beating a dead horse, reverse split will be in the back of minds.
We finally got rid of the larger seller on the Ask with over 100k shares. Maybe thinner Ask now to move once news hits.
We need that 1.2M bidder to slap the Ask.
Double Post problem.
Whenever PENNY_LAYNE posts from the mobile app, the posts appear twice. Does not matter what board the post appears on.
Might want to investigate the problem with the user.
I always have to delete the duplicate post on the board I am a MOD on. If you check posting history, you can see it happening elsewhere.
ENDV has Greg McAndrews & Associates listed as their media contact yet GM&A does not have ENDV listed as a current client on their own website.
AVVH shareholders, the attorney letter for our annual report will be filed soon. We are interviewing auditing firms and will initiate an audit of the company asap. We will provide more information on the status of the company soon and will provide regular updates going forward.
OTC Markets has an update on CEO.
Shane Jones
Acting CEO
Shane Jones is a sophisticated financial operator pursuing several promising business ventures with the support of private and institutional backers.
That form releases the requirements to file documents to SEC rules and regulations.
They are now no longer obligated to file their financial reports or 8K notices to the SEC.
They will be required to file their financials on OTC Markets to maintain Pink Current status but the filing requirements are less stringent.
Would be nice to know the story behind that volume. It is being manipulated somehow some way. It certainly is not regular traders trading based on news. There was NO news.
The company never even makes a statement about the trading volume when it happens.
Did you read the posts here?
There is disappointment about the latest Tweet only showing an updated screen image of a game in the new app. No real update on the app itself.
We are here for the functionality of the app. We did not invest in a game.
Looks like MMs are trying to assist in getting that 1.2 million shares order filled at .038
I can cherry pick a different new source.
"July marked the 16th consecutive month of negative sales in the Houston market. Despite the 8.5% year-over-year decline in single-family home sales, this decline is the smallest since June 2022 when sales dropped by 7.6%."
Go back to the shareholder letter:
"The Strategy:
Gold Quest Capital Incorporated merged with AVVH in order to raise additional capital in the public sector. The objective is to raise enough capital so that we may trigger more lines of credit, provide hard money loans, provide SBA lending, perform our own real estate investment development projects, and establish our own private bank."
They are raising capital behind the scene.
You cannot deny that the economy has taken a downturn after AVVH was acquired. Look at the general stock market indexes. I am willing to bet they have had more difficulty in getting investor money than originally planned and that is the reason for the long silence.
Hopefully it won't be a concern much longer if they follow through with the audit process.
The economy took a downturn since the merger. I can only imagine it has been harder for them to raise the outside capital they were seeking.
I am in the dark as everyone else for the reasons of delay and silence.
I just don't believe this is a scam as some lay claim to.
No action has taken place to show this is a scam. Silence is not proof of being a scam.
Something is happening behind the scenes and they must now be getting close to revealing it.
Seriously?
Read the messages posted earlier today.
September 28 is the court date.
Then we wait for filing updates on OTC Markets after that as the next step.
The biggest hurdle with that will be the very first one that ties into the former company.
Yeah....the revenue section does not look correct... that's why they need an auditor...hehe.
For them to want audited financials...that does give a potential clue of a future merger which the new old guy has been referring to.
Let's see how the story unfolds in the coming months.
Per a Twitter update today...they are moving towards audited financials.
Twitter update today.
"shareholders, the attorney letter for our annual report will be filed soon. We are interviewing auditing firms and will initiate an audit of the company asap. We will provide more information on the status of the company soon and will provide regular updates going forward."
Vince,
You get a point for at least posting something on social media. That's a start. Thank you.
It's the same game screen as last month but with fancier graphics. Why are you not showing any other screen related to the discounts or navigation within the app?
Why is golf separated in its own category outside of the sports category?
The new owner did nothing with this shell. Let it become stagnant and is now on Expert Market for not keeping current with financials.
A waste of a good shell with great share structure.
Maybe one day someone else will take it over and do something with it.
The company will be releasing screenshots and additional details about the app on twitter @Pennexx.
Come on Vince. Where are the updates?
Only 1 screenshot of 1 part of the app in the past month.
Where are more screenshots and details?
SSM is irrelevant.
They were basically a broker selling stock shells to companies. Once they sold the shells, their involvement was finished.
SSM may be dissolved but that has no effect on the companies now running those former shells.
Yes...they did sell some shells to some really bad companies.
The jury is not out yet with AVVH. AVVH is just dormant from a shareholder perspective. The share structure has not changed. AVVH cannot control the public trading of the stock. The share price has not declined due to any dilution.
I have contacted the TA and they confirmed no new shares can be introduced into the float without going through them. The share structure has not increased since the merger.
Yes...there are preferred shares that can convert into commons but as you stated before, that cannot happen until some month in 2024.
We continue to wait for the story to unfold here.
Seems very risky to be buying this when they are at risk of expert market status for not filing Q2 ER.
I thought Think or Swim (TOS) was immediately available to the TDA to Schwab transfer customers?
Do you know if you are a Schwab client with access to TOS, if with TOS, you can trade OTC shares higher than the Schwab 999,999 trade limitation?
I just Googled it.
Think Or Swim (TOS) does have L2 and you get access to TOS as a Schwab user. It will be the same login as your Schwab account.
You can get the TOS app or use the web browser version.
I believe you can use Think or Swim as a Schwab user. Does TOS have L2? You can trade from it.
Yearly financials were released.
No revenue.
I remember you once said/thought Scott Sitra was going to be involved in this business.
Did he do so behind the scene?
Nothing turns out well with whatever he gets his hands on.
Anyone try or became a BETA tester of the app?
Any comments about it?
Perhaps BETA testers had to sign a NDA.
AVVH updated their Twitter address on OTC Markets on Aug 29. Public updates may be coming soon.