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All of my news is still there in Ameritrade.
lolol. I watch it EVERY day because the day the thing updates, this will soar.
So call Liz yourself and then it isn’t hearsay. Have you done that?
With Liz? Or with Tony? That’s what I meant. I already know the information. I’m the one that called and spoke with Liz the other day about the login.
Who did you talk to for confirmation?
In my mind, that’s a good thing. Another catalyst for a pop.
You’re free to not invest and walk away. Why are you still here?
I agree. I’m pretty certain the ticker will change as well. That doesn’t impact us at all. Changing a symbol is actually another catalyst for another pop. Look at G**F FORMERLY D**G.
I know you do. I’m gaining respect for you as time goes on.
Smh, Sam. Come to Vegas. We will talk about it over some ‘42 on the rocks.
Thank you for taking up the torch, CJ.
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Back to my scheduled Vegas programming of a chill Sunday evening.
That is the part I’m waiting on as well.
I’ve had some tequila and some wine so I won’t deny that I misunderstood your post. I’m in Vegas. What can I say? *shrug*
I am done messaging for the weekend. I am in Vegas trying to enjoy myself so others can step in and debate this stuff with you.
We already know that Tony is not the CEO. Have you guys read anything that has been posted? Plenty of people have said that he is not the CEO. He is merely the go-between.
This is why you should invest responsibly. Meaning never invest more than you can afford to lose. It’s a risk, but if everything said here turns out to be true, then a lot of people will make a lot of money.
And she was checking every day, Sam. She just got clarification from Tony about the timeline. He said as soon as he knows that it’s approved, she will know.
Sometimes, as we get further along in a process in life, we understand it better. It happens with EVERYTHING. It’s not like Liz goes through this every day. That’s why she added the details. She is being transparent.
Read my post about it. I spoke to her Friday.
I’m Gunshow_Trader.
I disagree with this. She has been checking and continues to check.
Also, The company is doing legitimate due diligence. It does not mean that a big company is not coming in.
Possible. I wondered that too. Business days versus calendar days.
I believe she was referring to the login for the new company.
They have to be current for a broker to take the certs. Once they do become current, he can file them with his broker.
I am almost out of messages until tomorrow. For those that asked in private messages, my twitter handle is the same as my iHub handle.
The login gives him access to the account for CLSI so he can upload filings. I am guessing that with the transfer of the shell, the new business has to create its own account at this point as opposed to using Clancy’s since they are giving the company name back to Clancy. Again, GUESSING.
When I spoke to Liz, she indicated the name went with the ticker and they had to separate the company name from the ticker symbol. The evidence of that is that Liz said if they don’t give the name back, she has to change the company name slightly to file taxes as Clancy Systems instead of Clancy Systems International.
I give a warning here: I am not an expert into the processes that need to happen for this. If there is an expert here, chime in. IF I had to think about it from a business transaction standpoint, contracts had to be verified and certain things filed to separate the two, etc.
I asked the OTC a couple of weeks ago when I called them how long it takes to upload filings after someone has a login. They said 20 - 30 minutes after a client uploads a file, it will be available on the site. THIS is why I say the filings will hit fast once he gets that login information.
I wondered the same thing, Slo. He may even be able to average down and catch one of these pops for the sell to get his money back.
When you say years, out of curiosity, how many are we talking?
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Also, it’s good for the shareholders if the purchasing company has greater assets AND the OS was reduced by 140 million shares that were retired by Clancy Systems.
Here goes.
I spoke to Liz. She said Stan spoke to Tony last week and she emailed Tony yesterday.
As of last week, Tony is waiting for the OTC login to be approved and once that is approved, they can upload the filings and HE SAID it WILL BE SAME DAY. She emailed him again yesterday and he said as soon as he knows the login is approved, she will know. Tony said he was told it can take 30 days for the login to be approved. We are technically at about day 21. So they are waiting on the login. That statement makes it sound like THE FILINGS ARE ALREADY DONE PENDING UPLOAD.
If we are at day 21, we have 9 remaining and that puts us at December 2nd at the latest, but it could happen before then.
She said she still does not know the entity's name, but that she believes it's legitimate because the new company had an attorney do some due diligence and found a law suit from a few years ago for $7,000 on them that they settled out of court. The attorney asked her about it.
With that login approval timeline, if this is a NASDAQ level company that shows up in the next filings, I’m going to have a very Merry Christmas and the wait will have been well worth it.
You’ll have to show me where they dumped. That’s a stupid statement when less than a million shares were traded today.
I am driving to Los Angeles, but I will post some information I just got from Liz when I get there.
It’s good news. Talk to you shortly.
Good move... and good suggestion. That would have been awesome.
The calm....
Before the storm...
Hello Friday, my old friend. . .
I agree 100% with this logic.
On what news?
For what?
Agreed.
Well... was good while it lasted.
Really need those filings to hit to spark this fire.
None here either. We were going into the weekend. I knew it would happen. Monday is continuation.
Look at last month when it had a day it spiked. It consolidated for 2 days and then popped again. Hold onto your shares.
I said it earlier. We have to break that .052 resistance from last month. Once we do, next leg up is 6’s.
$CLSI - Get through .052 and we are on to .06. This was a predictable resistance point based on the high on 10/25 where we got rejected. pic.twitter.com/FB7zfTRGvP
— Spartan Trader (@GunShow_Trader) November 15, 2019
Yeah it will. Glad us longs held through that pullback and bought the dip. Liz is legit.
Wheeeeeeee. Love that I believed in my DD enough to hold through that downturn. Finally green.