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I’ve never seen any if their tweets hold any weight.
I guess I’ll hold out a wait to average down around $1.
Is the bottom ever going to be in. Been bleeding since $13.50. Looking to double down but can’t find the bottom. Company is to solid to continue this trend.
Hi all. New to TSOI but picked up 500k starter this morning. Was looking into the SS and also seems to be low float since most of the OS is restricted. Any ideas if the company plans to convert these to unrestricted?
My only concern is that the FB is already priced in for the MJ sector.
Increase was in unrestricted. See post from KeepItReal.
No panic just don’t want this to be the norm going forward. Especially after all the overhang talk.
Thanks!
WTF Tony!
Anyone have a screenshot of the previous SS?
OS increased from last SS update?
I got this...
“Thank you for the connection. Because I am not on Twitter I have not heard of these rummors. More importantly as an employee of the company I have not heard these rummors in the general environment. I have confidence that the leadership of the company have all stakeholders interests in mind. Best regards,”
Been looking at to many Woodbrook employees on LinkedIn. Just got a colleague request from one of them.
Sold some this morn. Had to lock in some profits from .0015 to keep my sanity. Still holding 500k to see how this pans out.
Not sure if this is of any help but thought I would post. Woodbrook’s registration with CySEC.
https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/78325/
(3) A Reverse Merger Company will not be subject to the requirements of this Rule 5110(c) if, in connection with its listing, it completes a firm commitment underwritten public offering where the gross proceeds to the Reverse Merger Company will be at least $40 million.
From Nasdaq website.
If I could just turn my account to “hidden until Feb 2019” mode I would be golden. Either way, staying long and strong since .0015.
Thanks for the clarification.
Sure did. Haha. That’s the first time I have seen anyone mention the 15-12G.
Not very familiar with it but how does the 15-12G on the NHPI Shell affect Woodbrook’s ability to register with the SEC again?
Very true. Wish I could just turn off my account and not watch it for 6 months and come back a rich man. Haha.
Just so everyone is aware there is a J King Style and a J_King Style.
Would like to take the min to thank all on this board. I’m relatively new to OTC land. The DD on this has been insane and fun to watch unfold. Easy to hold long when you know what you have. Q7, Wayne and others have done an awesome job peeling back the layers. Been in with 2mil since .0014. Ready for next week and beyond!
Dilly dilly! Also drinking Bud light at the moment. Haha.
Getting to the $4 Nasdaq minimum is irrelevant. With a $40mil underwritten public offering commitment, the share price requirement is bypassed. With all the connection in the investment world that Woodbrook has I am sure this $40 mil underwritten commitment would be easy for them to secure. This also seems to be the only way to get uplisted quickly, which Mike has mentioned multiple times. Stating uplist by EOY or early 2019.
Yes but there is also an avenue to bypass the “Seasoning” requirement and uplist much quicker.
If this is the route they take, how would this 50mil underwritten public offering affect share price? Any other tickers you know of that have gone to the Nasdaq in this manner?
There is also a route that surpasses these requirements as long as they obtain underwritten public offering of at least $40mil. This seems to be the quickest way to the Nasdaq without a RS.
Has there been a OTC RM to Nasdaq of this magnitude in the recent past?
True. I’m in since .0015. Haven’t sold a share. Don’t want to be greedy but I see the potential.
What makes you nervous about the $50mil market cap statement?
The underwritten public offering of at least $40 mil to surpass the standard RM listing requirements seems like the mostly likely way on the NASDAQ. The way Mike is phrasing the quotes sound likes it’s going to happen quickly.
I’ve been added on all these dips. Currently have 4mil. Just ready for it to start to move. Ask has been insane even after the overhang was done.
Is SS holding this stock back? Can it make a big move with the current SS or is a buyback needed to get the ball rolling?
Same here in Tuscaloosa, AL.
It is 9:30PM in Cyprus. I would think he deserves a little downtime, wouldn’t you?
Roll tide.
Anyone expecting a sell off when the news drops? Seems like the sell the news guys have been out in full force.
Is there some information you would like to share to the uninformed?
Thanks for the info on this board. Very appreciated. Just curious, if the overhang is blamed for the recent pull back, why did it run to ~25 over the last couple weeks with the same overhead in play? Is the overhang just now being absorbed?