BitFrontier Capital Holdings, Inc. (BFCH) did retire 12,260,000,000 of Common Shares. https://ih.advfn.com/stock-market/USOTC/bitfrontier-capital-pk-BFCH/stock-news/80110158/bitfrontier-capital-holdings-inc-announces-12-260
I guess it depends on how many shares belong to the former insiders, and what are the conditions of the merger. Usually the acquiring company doesn't take outstanding debt (if any) and "hurts" former insiders. I don't know how it will be done here. But this is kind of announcement I expect for SPRL from the same custodian.

The current number of authorized shares 1,450,000,000 (from Wyoming registration data) scares potential investors. Just check, for example, what RVBR, BFCH, and many other stocks have done in this situation. By doing this new owner claims that this is completely new company and he starts from the a clean sheet. Of course, this doesn't exclude RS in future... if you are going to hold shares that long.

There is a clear pattern for this kind of "resurrected" stocks. And that's exactly what we are going to see here. New owner (Spencer Payne in our case):
1. re-establishes State registration (Wyoming, 11/24/2019 here);
2. opens new website (most likely it will be sprlmerger.com that was created on 10/31/2019);
3. declares new business model and merges it into publicly traded company (SPRL);
4. announces retirement of billions of common shares from outstanding share count, coming ticker and name change, and filing documents with OTC.

SPRL is on early stages of this process now: #1 is done, #2 is in process, #3 and #4 will follow. I don't know what kind of business new SPRL will do (or pretend to do), but I believe the share price will jump significantly from current levels. It's a speculative buy here.

IMO.

McEwen Mining: The Writing Was On The Wall
https://seekingalpha.com/article/4308974-mcewen-mining-writing-wall

Looks like overreaction to me... 15% drop after market. It's just intention to offer shares... No actual size or terms of the offering so far. I understand disappointment of longs, but traders should like coming price swings. IMO.

First Mining Intersects 7.27 g/t Gold over 14.0 Metres at the Goldlund Property
https://finance.yahoo.com/news/first-mining-intersects-7-27-115500762.html

The Gold Advantage - First Mining Gold Corp. Dan's presentation.

Top Performing Mining Stocks in the Last Bull Market, Will History Repeat? - Justin Hayek Panel

Both Keith and Dan participate in the discussion.

First Mining Advancing the Springpole Gold Project to Pre-Feasibility
November 14, 2019
https://finance.yahoo.com/news/first-mining-advancing-springpole-gold-115500799.html

LOL.

First Mining Files Technical Report for the Positive Updated Preliminary Economic Assessment for the Springpole Gold Project
https://finance.yahoo.com/news/first-mining-files-technical-report-230100512.html

As I mentioned before, the problem with filing financials is that it should match financials submitted earlier to the State of California. And those, most likely, show a loss (which is normal for all new businesses first couple of years). So, the financial statement will be closely investigated by California Tax Department (and SEC, of course). Just a friendly reminder to Mr. Keshe.

Do you realize that CE certification doesn't require using any independent assessment of the product? Usually it's done by producer himself.
https://europa.eu/youreurope/business/product-requirements/labels-markings/ce-marking/

If SEC suspects fraud it can suspend trading and send stock to Grey Market (with no MMs supporting trading). But FDA won't deal with Markray. It will analyse all Mr. Keshe history of selling these drugs/devices. He and his followers were already sentenced in some European countries. He also had problems with FDA in Ghana, where according to the report, the Minister cited a liquid the Iranian had manufactured known as ‘plasma water’ which was examined by the Ghana Standards Authority (GSA) and the Food and Drugs Authority (FDA) and was found to be pure water. Keshe alleged the liquid which he had bottled and sold at $10 each could cure diabetes and hypertension https://keshefacts.wordpress.com/2017/07/05/the-truth-is-catching-up-with-keshe-after-his-ghana-scam/

Didn't sidedraft mention that this case is under investigation in FDA?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152011255
See similar FDA cases:
https://www.fda.gov/consumers/consumer-updates/watch-out-false-promises-about-so-called-alzheimers-cures-0
https://www.fda.gov/inspections-compliance-enforcement-and-criminal-investigations/criminal-investigations/criminal-investigations-case-activity
From the last link:
Pakistan National Pleads Guilty in Multi-National Cybercrime Investigation: A dual citizen of Pakistan and the United Kingdom creates, maintains and controls more than 1,500 websites that promote the sale of drugs claiming to cure and treat hundreds of diseases, including cerebral palsy, mental retardation, Parkinson’s disease, Alzheimer’s disease, and emphysema. The websites include falsified cure rates, false clinical research and fabricated testimonials. They generate more than $12 million in sales. The drugs supposedly come from Europe, Australia, and New Zealand, but are in fact from Pakistan.
The man behind the scheme is sentenced to six years in federal prison.

Scam or not... I guess one has to ask... who keeps selling at these prices? Short interest is still very low, basically nonexistent. If we believe in current tight share structure and that insiders (old or new) are not selling (which is a question, IMO), then the only possible source is the retail shares bought below 4 cents last couple of years. Quick look at historical prices tells me that about 5 mln shares were bought that low. Like, for example, 1,009,147 shares between 0.01 and 0.05 on Jan-14 2019. With current 200-300K daily volume it's about 2-3 weeks of profitable selling at/below today's close. We will see. Again, scam or not - it doesn't matter at this point. RVBR used to trade at this levels being a definite scam.

With respect to the coffer dam component and temporary pond / lake removal component of the Project,
there are numerous historic mining sector precedents and other more modern projects at the permitting
stage that involve the construction of coffer dams and/or diversion or removal of waterbodies. A partial
list of precedents is provided in the bullets below.
- Steeprock iron mines, Ontario.
- Pamour Pit expansion, Ontario
- Kapuskasing Mine, Ontario
- Snap Lake Mine, Northwest Territories
- Meadowbank Mine, Nunuvut
- Hammond Reef mine (permitting phase), Ontario
- Côté Gold Project (permitting phase), Ontario
- Lake St. Joseph Iron mine (proposed), Ontario.
In addition to having long established reference documents from government agencies and industry
organizations to provide guidance regarding the design, construction and operation of coffer dams, there
are contractors and project managers available in eastern Canada who are experienced in such
undertakings. As with all components of the Project, FMG would utilize experienced designers and
builders for the coffer dam component of the Project.

First Mining Gold Corp.
Springpole Gold Project
2018 Page 3-4
https://iaac-aeic.gc.ca/050/documents/p80149/121859E.pdf

First Mining Gold (OTCQX:FFMGF) announced results for another iteration of the Springpole PEA in Ontario. De-watering the lake is budgeted for just C$29M, however, obtaining the permits will probably remain price-less.

Hmm... I don't see any disrespect to Springpole here. Obtaining permits IS priceless. It will do wonders to the stock price. And I am not sure First Mining even plans to start de-watering. Springpole will probably be sold at this point.

If RVBR goes below 3 cents (where it was before KF popped up) it will stay there for years - till the next reincarnations with new owners. IMO.

What I meant to say: it's not just RVBR. There are more than one former Russian pinky in my watch list (like ELGL, SPRL, and some other). All of them are empty shells or pure scams. All of them rally with no reason from time to time. Comparing to them RVBR is a Cadillac now. People who buy any of these stock because of "promising fundamentals" always lose. Which doesn't mean you can't trade them looking at the chart. And RVBR is still "56% BUY" here: https://www.barchart.com/stocks/quotes/rvbr/opinion . I was just trying to convince Mr. Keshe: don't fight the chart.

There are plenty of empty shells and outright pinky scams that managed to run 2x-3x-10x times from their triple zero numbers and kept this new price range long enough. Comparing to those empty stocks (which don't own anything) KFGL is positioned pretty well - with it's multiple following in many countries, producing facilities and estimated revenue reported by third parties. The main problem here is... the Chairman-CEO-IR person Mr. Keshe. It's obvious he has no idea how OTC company needs to talk to its shareholders. He needs to drop the language he uses at KF symposiums and seminars. As I reported after their first disastrous PR, that was my suggestion I sent to KFGL. If Mr. Keshe wants to keep playing his messiah role, he needs to step aside and let other "technical" people handle the stock. The people who filed Markray-KFGL papers in Delaware and California, who fixed already some OTC black holes, who produce some real stuff in Arizona, and other places. It doesn't matter how useful that stuff is. Although I posted links to the independent online stores, where those items get really high feedback from buyers. For the start they need to keep working on RVBR OTC profile - to remove red flags that left from old Markray; change the ticker, as promised; present Markray's financial report, which shouldn't be to hard - just take KFGL most recent document submitted to the State of California, etc. Forget about "New Era in Science and Technology", get down on the ground and start junk removal. IMO.

Unlimited supply at 0.065 so far. 50K is shown at the ask, but this number hasn't changed after several 10K, 20K blocks went through at 0.065

OTOH, with projected millions of profit they beg people to donate $100 to help them create this Universal Enhancement Spaceship Unit. The fundraising goal is $400,000.
https://www.gofundme.com/f/sbx8v-helping-hand-healing-pod

First, the donation request was placed this month. So, they are far from the launch (assuming it's going to happen). How are they going to sell units this year?
Second, it's not bad business at all: collect donations as non-profit organization and claim that future multi-million profit belongs to "for-profit" company Markray-KFGL. I am not even talking about numbers. I believe Keshe Foundation is in violation of it's NPO status, as I explained earlier.

Although I don't like your style, but you are right about price painting with 100 shares blocks bought at the ask... just like the old Markray used to do.

 
 Time		Price	Volume	Market 
 15:53:18		0.1098	100	OTO 
 15:36:01		0.10	9000	OTO 
 15:03:57		0.1099	100	OTO 
 11:35:17		0.10	1000	OTO 
 11:30:46		0.10	3544	OTO 
 11:25:51		0.1108	100 
 11:05:19		0.10	5000	OTO 
 10:50:30		0.0999	3003	OTO 
 10:42:36		0.09	5000	OTO 
 10/17		0.111565	840	OTO 
 10/17		0.10355	1020	OTO 
 10/17		0.11	100	OTO 
 10/17		0.092	257	OTO 
 10/17		0.092	10000	OTO 
 10/17		0.102796	13000	OTO 
 10/17		0.118	350	OTO 
 10/17		0.11382	2100	OTO 
 10/17		0.122	1200	OTO 
 10/17		0.12	10000	OTO 
 10/17		0.112	26300	OTO 
 10/17	i 	0.12148	50	OTO 
 10/17		0.1278	1475	OTO 
 10/17		0.112	21100	OTO 
 10/17		0.112	1900	OTO 
 10/17		0.13	8000	OTO 
 10/17		0.112	12000	OTO 
 10/16		0.14	1888	OTO 
 10/16		0.12804	250	OTO 
 10/16		0.14	1500	OTO 
 10/16		0.12005	1500	OTO 
 

H.C. WAINWRIGHT THINKS FIRST MINING FINANCE’S STOCK IS GOING TO RECOVER
October 17, 2019

In a new note to investors today, an analyst has provided a rating update for First Mining Finance (FF – Research Report). Analyst Heiko Ihle from H.C. Wainwright remains bullish on the stock and has a C$1.70 price target.
https://www.markets.co/h-c-wainwright-thinks-first-mining-finances-stock-is-going-to-recover-6/223791/

First Majestic Produces 6.6 Million Silver Equivalent Ounces in Third Quarter
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1082-tsx/fr/68351-first-majestic-produces-6-6-million-silver-equivalent-ounces-in-third-quarter.html

Actually, that was a friendly warning to Mr. Keshe. He, his wife and some of his followers in many countries have been already sentenced for fraud.
https://www.ghanabusinessnews.com/2017/08/10/belgian-court-convicts-mehran-keshe-and-wife-for-fraud/
https://keshefraud.wordpress.com/page/2/

I am worried he may face problems in US too.

IMO.

Just some facts and speculations.
Fact #1.
You probably noticed that Markray posted names of company officers & contacts this week:
https://www.otcmarkets.com/stock/rvbr/profile
Fact #2.
Mr. Keshe has registered 3 corporations in the State of California with Keshe Foundation Global registered on 2/8/2018 in Glendale.
https://businesssearch.sos.ca.gov/CBS/SearchResults?filing=&SearchType=CORP&SearchCriteria=keshe&SearchSubType=Keyword
Fact #3.
Since the date of registration KF Global has filed several quarterly tax reports (Federal and State): income tax (if there was an income); payroll taxes; medicare taxes, etc.

Speculation #1.
Now it's clear to me where Keshe & Co met Mr. David Brown, and how the idea of Markray acquisition of KF Global was born. Universal Garment Wash also registered in California (North Hollywood), and distance between North Hollywood and Glendale (both in Sacramento) is just 7 miles. They either have the same legal counsel, or met in nearby Walmart or restaurant, or maybe Mr Keshe is Universal Garment Wash customer.
Speculation #2.
All new businesses tend to report tax losses for up to 3 years. After that IRS gets really interested and can intervene. I don't think KF Global is an exception. I bet they have not reported any income yet. Here we have a problem. If Markray posts financial statement with positive numbers that are different from reported to IRS and the State of California it would cause big problems with tax authorities. It's similar to reporting issues of old Russian owners of Markray. In USA they claimed multi-million assets and profitability, but loses and no taxes in Russia. Unlike old owners KF Global has to report everything in USA. Those reports will definitely be analysed and compared by tax authorities. IRS and California tax department are carefully watching KF Global website and eagerly waiting to see big profits revealed.

IMO (for those who don't understand what word "speculation" means).

That's exactly what I was trying to say: they "invented" Keshe Foundation Global, Inc with new website (registered in Slovenia just for one year) to avoid sanctions to the main "foundation". And... they claim this new entity owns all products and technologies that belong to non-profit Keshe Foundation... while "No exclusive representation(s) or exclusivities have been granted to any third parties to promote Keshe technologies." https://usa.keshefoundation.org/about-the-keshe-foundation/ . Keshe Foundation Global IS third party for Keshe Foundation. Markray IS third party.

I am not negative. I am objective. May I decide myself where I want to be? I dunno?

DD never stops. Below are some facts and related rhetorical questions.

1. "The Keshe Foundation is a non-profit organization registered in The Netherlands":
https://usa.keshefoundation.org/about-the-keshe-foundation/
https://keshefoundation.org/about/donate

Here is the list of all NPOs based in Netherlands and, just in case, in Belgium (KF used to be very active in Belgium too):
https://en.wikipedia.org/wiki/Category:Non-profit_organisations_based_in_the_Netherlands
https://www.iamexpat.nl/career/working-in-the-netherlands/dutch-international-ngos
https://en.wikipedia.org/wiki/Category:Non-profit_organisations_based_in_Belgium

If you can find KF in any of those lists please let us know.

2. No individuals (even founders) or corporations can own NPOs. NPO can’t pass it’s income to anybody:
"Who owns a nonprofit? No one... nonprofit organizations do not have private owners and they do not issue stock or pay dividends. And while nonprofit organizations can earn a surplus, that revenue is usually reinvested in the nonprofit organization — possibly to benefit or expand programs according to the charitable mission. But that income cannot be distributed to persons."
https://cullinanelaw.com/nonprofit-law-basics-who-owns-a-nonprofit/
"Can an LLC have a nonprofit subsidiary? LLCs are not eligible for tax-exempt, or nonprofit, status because of the tax options owners are given to pass-through revenues."
https://www.upcounsel.com/can-an-llc-have-a-non-profit-subsidiary

So, it’s illegal for Markray to have NPO as it’s subsidiary, get any income from it and pass it (income) to shareholders.

Now I see why Mr. Keshe would never legally follow my email advises (to present BOD, IR, finances). Actually, that’s why they created separate site for KFGL.global https://www.kfgl.global – because mentioning this on KF foundation main website would put it at risk to lose NPO status. On their main site they state: "The Foundation is not owned by, has no links to, is not dependent on and is not a subsidiary of any commercial organization or company. No exclusive representation(s) or exclusivities have been granted to any third parties to promote Keshe technologies." https://usa.keshefoundation.org/about-the-keshe-foundation/
KF is not a subsidiary of any commercial organization or company!!!

FWIW.

As of 9/13/2019 short interest was 549 shares.
https://fintel.io/ss/us/rvbr

People with entries below $0.1 are selling today, just like it was predicted. There is a chance RVBR hits the "panic" bottom today.

And, as we see from different sources (I gave some examples earlier), they do sell a lot of items online, which get 4-5 star ratings from buyers. Also, according to 3rd party estimates KF produces about $7+ mln annual revenue. All they need is to leave interests of humanity to their conferences and start talking about real sales and finances to RVBR investors. Also they need to fix OTC listing and announce management, BOD, and IR person. Just come back to earth, Mr. Keshe!

I sent email with detailed instructions. I think RVBR will hit the bottom tomorrow morning... It will be panic attack from people who didn't watch the stock during the day. Then up and up to the moon.

I actually contacted them and told how to run business... or rather what is the right way to communicate with investors.

Well,I don't like this PR either. One strange thing is the contrast between multi-million content and "CONTACT: MT Keshe ir@kfgl.global". So, they don't have money to hire IR person yet? It looks like the Chairman and famous nuclear engineer is the only person behind the company. We already realized how great this technology is. Now they need somebody to fix OTC listing (remove "Stop" sign, etc.), submit financial statements, and tell investors about sales and revenues. IMO.

OK, makes sense...

Insiders shares are part of outstanding shares count. They are not dilutive... unlike options and warrants if they existed.

Insiders shares are not debt. They are shareholders like you. I don't see why they would need to destroy their shares.

If you paid attention I said: "It looks like Delaware issues have been resolved". That covers the issues you mentioned. I haven't seen Delaware paid report myself, but with my small position it's safe to believe posters who claimed they ordered it.

I've spent some time researching Keshe Foundation, and, as a result,… bought a couple of RVBR shares - just to watch it in my portfolio. It looks like Delaware issues have been resolved. Besides, I got answers to many of my other questions. Even Slovenia thing doesn't look that strange anymore - KF is very active in this country: active facebook profile: https://www.facebook.com/search/top/?q=keshe%20foundation%20slovenia&epa=SEARCH_BOX , and some production facilities over there: https://community.keshefoundation.org/albums/view/314

Pros and cons...

CON: Keshe chose the worst possible Pinky stock to go public. People who have been watching RVBR for years automatically get sick when they see this ticker. Dirty stock with dirty history.
PRO: I can guess why they did this. It was probably the cheapest stock around. I believe KF got it for free with one condition: former Russian crew would keep millions of their insider shares and can sell them during the run. (IMO)

CON: Keshe Foundation does look like Worldwide religious cult. MT Keshe is a strange person. He believes he is a messiah and his place is in one room not even with Tesla, but with Jesus, Muhammad, and Buddha. Particularly, his Letter to RVBR shareholders made more damage than good to the stock price.
PRO: He is not a company executive officer. He is the Chairman. It's kind of “normal” to have an odd person from another Galaxy as a Chairman . After all, we are not going to attend Keshe Church. The real management will be announced later, and hopefully it will include real business people – those who are responsible not for “ideas”, but for production, those who created and maintain multiple branches and multiple websites selling items around the World.

Although, there are many negative information about Keshe's claims & theories, the company does sell a lot of stuff in many countries. You can find their products in popular online stores, where most of them receive positive reviews from customers. See, for example,
https://www.etsy.com/search?q=keshe
https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2380057.m570.l1313.TR11.TRC2.A0.H0.Xkeshe.TRS1&_nkw=keshe&_sacat=0
https://store.keshefoundation.org/store/
https://www.keshe-plasma-products.com/store/usstore/index.php

!


The company produces real revenue, which we will see in upcoming financial statements. According to https://www.owler.com/company/keshefoundation Estimated Annual Revenue is $7.7M with 56 estimated employees. It means that current P/S ratio is approximately 0.12/7.7*50.3 = 0.784, which is extremely low and means a “Strong Buy” by any standard criteria. Even with P/S = 2 (share price $0.3) it's still considered a “Buy” https://www.investopedia.com/ask/answers/032515/what-considered-favorable-price-sales-ratio.asp .

As to the current price pullback... Technically, it's just normal 50% retracement at this point. As we saw earlier, initial short interest was close to zero. I believe the major selling pressure came from old Russian owners, who are happy to get rid of their positions, and individual bagholders who spent years without any hope for price recovery. If the price dives below $0.10, even more of veteran bagholders will jump out protecting their hard earned gains.

Bottom line: It should be interesting to watch RVBR after they change the company name and stock ticker (this is in their plans). Even if this happens to be a pyramid scheme (which is possible)... well, at least it's kind of sophisticated pyramid, and they've just started. So, chances to find a “greater fool” in future are pretty high.

This is my excuse for touching this stock...