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Whole lotta nothing going on here.
No chance.
I didn’t say I agreed, but I could objectively see his pov. I also would’ve expected continuity behind the scenes. Everyone who waited was instead met with another sham FINRA name change and some chat gpt PRs about weak business progress / outlooks.
I've actually been very objectively critical even back in spring 2021. So much so, that I got reported by the pie-in-the-sky folks on ST and my account got revoked. I've been very hopeful all throughout CE because we were "stuck" and I understood financing, limited trading outside US, and not really wanting to put out much.with no real audience and was looking forward to coming out with almost 3 years of gameplan to execute and free trading. Now, we're back to the sleight of hand with name change, more details on lawsuits, etc. that it's almost laughable how poorly this whole thing is managed. I should've cashed out 100% instead of 50% back in the mult-penny days.
Happy 5 months of no CE and almost 5 months since name change request filed. Proving to be inept regardless of being "in jail" here. Sad story continuing.
Yeah, we are never seeing over a penny again here.
You’ve been saying that for over a year and they’ve given you multiple reasons to not give them leniency.
One would think.. LOL. The nuance of the filings is really what takes a while, especially if they're done correctly. I know nothing about their auditors, but hopefully they're going through the rigorous process to make them correct.
SEC public audits are much more intensive than private company audits. My wife is an auditor at a Big 4 firm, she has both public and private clients and there is certainly a difference in the two.
Officially garbage.
When a 60-day (on average) name change process is going on 4 months, it's time to start seeing it as a pie in the sky.
This is what happens when you have 0 operations and dilute to keep things afloat. 30 million dumped down 30% in the first 45 minutes. That's half of the 60MM shares that were added last week.
I want the name change to happen because maybe he will start posting news and we will find out once and for all what the plan is. I’m tired of looking at this in my account tbh. Give me a quick run and I’m out.
Thanks for the update, bro! There are about 4 or more screenshots of Schwab showing the new name. Again, thank you for taking the time and chiming in to a two + week old message!
It was just an IV though, not a hospital. You can order one of those to your door when you're feeling tired or hungover.
I’d suspect it will update soon.
Name change showing on Schwab. Should see on FINRA daily list tomorrow.
I only care about option 1.
I’m fully giving MF a chance, hence why I’m holding my last 50% of shares. However, I’m more in a position of “what have you done for me lately?” The answer to that is nothing. Sure, there are some things in the works, as there always has been, but what has been successful? The answer to that is, again, nothing.
I’m optimistic, or I wouldn’t be here. I’m also going to be very cautious going forward and probably sell more than half if this ever runs again. I see .015-.02 happening again this year, but Michael needs to do something. Anything. He can’t preach transparency, then sneak an AS increase into a name change amendment, and then not say a single peep about it. Let’s see what happens.
Quiet period, maybe?
Already being a bit shady. I can't wait to exit this on the next little pump.
From PR: "Addressing Financing Challenges with Transparency: Recognizing the financial challenges associated with capital requirements, we wish to assure you of our proactive endeavors to explore avenues for raising capital. The forthcoming release of our 2023 yearly financials will offer a comprehensive overview of our financial situation, underscoring our commitment to transparency and ensuring that you are well-informed."
I stand corrected. I was checking name change progress and he sneakily re-increased to 10 billion during the name change filing with SunBiz.
https://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2024%5C0103%5C20163646.Tif&documentNumber=P16000032682
Can we get some attention here. Not looking so good anymore.
I agree. I have no clue. I only bought in because of the lies that Nash told on that conference call mid last year. Dumbest mistake I made the last 12 months lol
They’re currently drafting their Q&A word document to get ahead of the frustrated shareholders and non audited financial results.
Huge. Thanks for sharing!
I’ve seen a lot of explanations from Nash over the brief 9 months I’ve been here, none of which give me any comfort into what exactly is happening. No detail into revenue, shares given to “acquisitions,” specific line items for “Contractors,” funding incoming, audits performed, etc.
Everything he says skirts the actual issue at hand. Smoke and mirrors.
If Artemis shows any large numbers outside of the shares they received, then I know everything about XALL is fake. No way Artemis (founded only 1 month before Xalles acquired them) has any sort of real revenue to present.
Agree on the first piece. CEOs shouldn't be active on message boards, imo. Twitter and official PRs only.
This may be in Dickey's hands as he will be the one signing off on the 10K, so I'm sure Rick can only do so much.
I’ll be honest, I am not exactly sure, but the way I understand the language is that, say there is 100MM OS after 2 years (just for round number purposes). We know ReachOut gets 87.5%, Trillium gets 10%, Dickey gets 2.5%.
If they all convert at the exact same time, the OS would jump to 200MM, ReachOut would have 87.5MM, Trillium 10MM, Dickey 2.5MM and the previous shareholders would still have their 100MM.
Anyone else with more experience may know more, but that is how I took it.
Shareholders get a 2-year buffer to hope the PPS gets pumped enough to make their money before finding out how all 3 of those parties will proceed with their preferred share conversion.
Rick was at the MSP Expo and I’m sure the word started to spread. Gonna be a nice ride from here.
He updated it back to 5 Billion last year.
https://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2023%5C0801%5C10178203.Tif&documentNumber=P16000032682
Heading into the 6th week since the Jan 5 PR and 12th week since the Nov 27 update. What have we accomplished since then? Would be nice to hear any sort of progress on any of the items we know about.
1. Name change (wouldn't surprise me if something else needed to be submitted)
2. PCAOB audit update
3. Financing round (is this new share issuance? we're already over AS fully diluted)
4. Fluent/FTH lawsuit update
5. What makes us a biotech company? We know we have the psoriasis cream, but every single thing Michael's mentioned and on the website is strictly cannabis related
6. Literally any of the items mentioned in 11/27 PR; we know nothing about any of it
7. Filings being prepared / any hint of results
He really needs to be prepared for when/if this name change actually goes through. This will quickly return to being a joke if he doesn't figure it out after name change is completed, which I still think is a really dumb name, but that's a whole other topic.
Unaudited fake revenues. Wonder what the contractors will charge for Q4.
Never saw a therapist, so no recs from me. I only lost $3k here, so I really don't care too much.
As to PNK, can't help much there either.
I see screenshots, but not a ton of info. Do you have the link to the actual case / document?
Seems like you need to see a therapist.