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From the August 2022 video, Keith mentioned there was a deceased "legacy?" share holder who put 10 million shares in a trust for a young relative back in the early/mid 2000's. From recall, they were trying to negotiate a deal /buy out of the 10 M. Based on the math, it appears this 10 million is separate from the other 29.5 million
Other shares on the slate to be cancelled
Trinity Sands LLC-------------------------------7.5 M
Zong Cui Ltd...............................................4 M
Ray McNamee............................................1.5 M
Agosto Corp................................................2 M
James White...............................................8 M+
Ashland Atlantic Corp..................................3 M (CANCELLED)
Lucky Shine Ltd...........................................3 M
Randolf Hastings.........................................500k
Could potentially see a reduction to 80-90 million OS.
For those needing links to most everything........................suggest doing your own DD.
Looks like XNNHQ is going to need a hail mary. Strange that Lazar would go through all the trouble to clean the ticker and then abandon it
Didnt George Sharpe take one of Lazars Q tickers in the past?
Holding to the end.
With the yellow shell sticker on otcmarkets.com, it appears the 18 months will end XNNHQ on March 31, 2013-------unless someone RMs?
Bought a small amount of AXGC before most tickers went EM. Noticed old AXGC management did next to nothing to boost the stock
The old OS shares were around 41.6 million. Looks like Frank from Alpharidge has made it 416 milllion shares OS. Typically when Frank does a move like this, about 90%+ shares are restricted. Thinking AXGC will have a float of 17 million or so
On 10-26-2022 the Nevada court granted a share cancellation of 24,570,300 shares of AXGC. Subtract 41 million from 24 million to get a probable 17 million float
The new OS should be 392 million, 375 million restricted, and a 17 million float based on past Alpharidge actions.
Also the RM company cannot RS for 2 yrs after the contract is signed/done.
Would not expect any action until 2023.
Since 5-12-2022 Alpharidge custodian has petitioned and been granted custodianship of the AXGC shell.
New updates on otcmarkets.com and on the Nevada SOS site
Old management is gone. Company was dissolved 2016
Now its a wait to see which company RMs
Didnt confirm or state anything as such. Its not a secret EGYF is "planning" to cancel 30 million shares
Used the word "presumably" and "?" to see if the board had any information on the 30 million shares cancellation
30 million restricted shares added last week on otcmarkets.com
From roughly 92 Million OS to 122 million OS shares
30 Million shares to be cancelled soon from May 2022?
30 million shares restricted added this week
Looks like this should be a wash for the OS
Back to 92 Million soon presumably
GLTA
Updated otc markets TA verification
6.3 million OS
4.7 million restricted shares
1.6 million shares float
First update on SS after 11 yrs. Still Expert market. Possible Pink Current coming in the near future???
Creede,
I have read a twitter screen shot $WWRL reply to r11r1 from suits and stocks. He posted the Form C showing the following
226,000,000 A/S
10,677,707 Outstanding shares (yes thats correct-------10 million)
Also in an older post the float was said to be 2.1 million. Seems very very probable this is true. Last we knew the OS was 31 million
Not sure if WWRL is going to have any future share cancellations. Even if no share cancellations, a 10 million OS is fantastic
Couldnt post yesterday. Last time I saw this Form C was in VNTH. So far I havent seen any dilutions in that one. Never been in VNTH (alpharidge billion share banger and dust biter
Form C bypasses the shell sign and yield sign routine. Form C is very effective in getting the ball rolling
I think Franks low floaters (100 million or less) will perform better than his billion share floaters
Don't know that company is merging in here. So far I havent seen any China whammy stocks from Alpharidge. Not fond of any otc mergers from Asia or Africa as these tend to become illiquid turds
Usually Alpharidge tries to match up shell suitors to the industry a company was in previously. Like a former oil shell to a new oil company merger
Fairly certain with a Form C this will be a USA merger in the tech industry IMO
Creede,
Last time I saw a Form C was for Alpharidge VNTH stock.
From my understanding a Form C bypasses otc markets to get pink current.
I seem to recall a twitter post saying its expensive to get a Form C (150k???)
Dont have to worry over getting the shell label off or going through the yield sign to get pink current.
Form C is expensive, but it cuts through the otc nonsense
Creede,
Last time I saw a Form C was for Alpharidge VNTH stock.
From my understanding a Form C bypasses otc markets to get pink current.
I seem to recall a twitter post saying its expensive to get a Form C (150k???)
Dont have to worry over getting the shell label off or going through the yield sign to get pink current.
Form C is expensive, but it cuts through the otc nonsense
Creede,
Last time I saw a Form C was for Alpharidge VNTH stock.
From my understanding a Form C bypasses otc markets to get pink current.
I seem to recall a twitter post saying its expensive to get a Form C (150k???)
Dont have to worry over getting the shell label off or going through the yield sign to get pink current.
Form C is expensive, but it cuts through the otc nonsense
From my rough accounting, anywhere from 41 million to 48 million is issued to those shady "third party services." Although there could be more. Thinking EGYF may get a OS reduction to around 53 million in the end.
Not familiar with "legacy shareholders" 53 million freebies is a nice ATM.
Dont think its possible to get a share reduction to 15 million with someone having 53 million DTC freebies
Any opinions or thoughts going forward on how this 53 million will affect EGYF?
OS shares review
June 30, 2005---EGYF does a 10-1 RS and the OS shares is 15,096,173 with the float 1,500,000
There was supposed to be a 5 to 1 forward split Sept 12, 2005. The OS should be 75,480,865 after that split
March 31, 2008 EGYF finally files and the OS is 42,649,938. Based on the filings, the 5 to 1 forward split never occurred. Instead they issue shares for "in lieu of services provided by third parties." By 2010, the OS is 83 million. 6 years later the OS increases to 91 million
From my understanding shares need to be registered or these are regarded as improperly issued shares (IIS). Such shares are subject to cancellation if not issued correctly. Been seeing more such cancellations with custodian shells in the past year
With EGYF it is very likely many of those shares are improperly issued (maybe all). Best case scenario is the OS shares reverts back to 15,096,173
Have to wait and see what happens in Delaware.
All IMO
Interesting EGYF is requesting shares cancellation in Delaware and not the state of incorporation in Nevada
Appears EGYF is incorporating in Delaware soon?
After going through the old filings, about 41 million shares had been issued to unnamed "third parties" from fiscal years 2009-2010
The balance of shares on March 31, 2008 was 42,649,938
By 2010 the count was 83 million for many years. Then 91 million for past 6 yrs or so
Unsure how many shares may be cancelled. Having filed the petition, it must be worth the time to do so IMO
Looks like I misunderstood the NVsos filings for WWRL
When I saw the word "vacated", I thought the game was over
Alpharidge has about 9 shells left to rescue out of EM including WWRL
HERF (EM) is going to have a 13 million share reduction
Last small tidbit I got from twitter WWRL was Frank "needs help from the merger entity"
Looks like the shell is spoken for. If this can get a share reduction, this could push to dollar land.
Rumored float is around 2.1 million. However, I dont understand how the poster got to that calculation off the 10-k
The last A/S shares was 225,000,000 plus 50,000,000 in the 10-k
The Nvsos is 226,000,000. That number should hold up
The company got seized in bankruptcy shortly early 2003 because of loan defaults? The last verified OS was 31 million on April 30, 2003. The warrants never got used due to being well under water by then. The stock went to limbo and doubt anyone had much chance to sell for significant gains.
Hey creede
As I understand it, when a custodian vacates a shell on the NVsos, it means he will not RM anyhting into it.
However he put in a lot of money revive WWRL on the NVsos
So I'm sort of confused if Alpharidge will do anyhting with WWRL
When MZ first got the EGYF shell there were 83 million shares OS
Agreed no new shares issued past 7+ yrs. Not sure if he ever issued any shares when he acquired the EGYF shell. If so, the shell should be at 83 M OS maximum
Thanks for the insights
MZ looks to be hitting high gear. The twitter IR stated if any share cancellations are possible, it would be pursued swiftly
They mentioned something called legacy shares. More restricted shares?
Looks like this is dead?
I read thru the court filings on the NVsos
Looks like this is dead in the water
Weird they bothered to file a form 15. Usually they dont bother with form 15s and let the shell die
The twitter world acts like Frank is still getting this out of EM
Your thoughts?
Would like to know how the float went from 78 million (a company float reduction announced by MZ some time ago) to 52 million. Then back to 78 million float again. Fuzzy math indeed.
Great to know EGYF staff is on it
If you look on the Ihub stock price, it lists the old float as 52.05 million and the 91 Million O/S shares
If the TA can't get it right, then the company records should stand IMO
The float was listed as 52 million when the share price shot to .18 couple years prior
Additionally the AS shares was reduced to 250 million almost 5 yrs ago
The "restricted" were never shown then
Looks like some shares need to be cancelled. With the custodial shells, there have been many recent improperly issued manufactured shares cancelled
There needs to be an indepdendent audit outside the TA
VVstock transfer is not the the friendliest of TA's lol
Nevada shells G2P UPDATE list Nov 2021 (most are actually Expert Market)
1) Dark reporting shells NV only. Continuing the list/trend displaying the shells most likely to get a custodian home
MEMI 1.5 Billion
NPTH 45 M
SNLM 1.5 M
CMNT 39 M
MPEG 38 M
SPRZ 1.3 M
CALI 4.8 M
INTO 5.1 M (Pink limited----company revived itself)
UBYH 179 M
BUSC 401 K
CTYO 1.5 M SEC REVOKED/DELETED 9-30-21
HTHL 3.8 M Petitioned by David Lazar
RTRK 17M
MDAW 49 M
CYGT 42 M
INTH 1.6 M
13/16 left from last update.
Alpharidge has Edgar codes for NWTT, ILIM, SRCX, and WWRL this past Tues
Thinking conservatively Pink current by Dec 31 and merger in early 2022. Would not surprise if Alpharidge already has suitors lined up for all their shells
6 New Lazar petitions in the past week incoming for Dec 2021
All times are in NV
ZENO----12/7 830 am
MOPN----12/7 830 am
HTHL----12/6 830 am
CCTR----12/8 930 am
FLAF----12/6 830 am
GPSI----12/9 900 am
Normally I would have traded 100% out as you did with HRAA. Dont fault you for playing HRAA as you did. We know how Lazar plays go pre-Sept 28. Even the Gorilla knows!! I had shares from .0035 to .005
Got out at .08 with half my holdings
I only stuck with HRAA to see what it might do post Sept 28. If Lazar would have made HRAA a China whammy---------I was out
Took a gamble yeah. Either way from 8 cents I was going to profit well. If it would have gone down to like .04 cents------I would have been out 100%
Thanks for FEG reminder
Of course there is no problem to sell
I hope there are not issues with etrade like this?
I think WWRL has somewhere between 31M and 48M OS. According to the NVSOS the AS is 226 million.
When I was buying this past summer, this thing really traded goofy and was hard to get shares. It was like being skipped over and then filled partials later. Based on the way this traded, I think WWRL is at 31M
It wasnt too hard to buy before Alpharidge got the ticker. Then Wham! Yeah glad we got a custodial home
HTHL and ZENO appear to be petitioned by David Lazar according to poster Damon on the Lazar board
HTHL is one the tickers from the "sweet 16" sticky
IMHO likely all the G2P in the "sweet 16" will get a custodial home, because its almost always granted due to no opposition for being inactive so long
So far Denunzio and Lazar up to bat!
Creede I forgot the crypto name with the Gorilla on it. Saw you post somewhere about it
Yeah SHIB is lighting it up!
HRAA might well be Lazars shining play of his otc career
RMLS (Lazar) still expert is now DFGC after a 100-1 RS. I dont think any could have bought anyway LOL. Its another China RM in progress. Most China RMs are the whammy of the otc........better get out quick
Some good points listed
I do have about 7 expert tickers before Sept 28
My thinking is that BORK will probably run at some point. We can't buy expert tickers as there fewer pink tickers.
If you want to play the otc, there is no choice except yield or pink tickers to choose from.
Yes we do lose out at the beginning of custodianship (yeah super sucks) There is always that phase after the custo pop where the ticker goes down 65%-90% after announcement. For a while it drifts down and people move to hot plays until something concrete is announced
JMHO It will be business as usual minus getting in on the custodial pop. I also assume from information (correct if wrong) getting pink current will be an easier process
There are pink current shells with nothing going at the moment. Thats the best time to buy with proper DD
Wow. I do have schwab. Been using my Fido account lately cuz of having cash parked there. If I have to call, Im out from schwab
Guess all the discount brokers want us to buy Amazon or Google. Then wait 30-40 yrs as we passively invest from our salaries like a 401k or IRA lol. I say the hell with that. Doing much better with Otcs for now
Is etrade any better than schwab? Not sure how easy it is to transfer penny stocks. Schwab wont let u transfer otcs into them
Agreed. I would not sell KLGG and consider this a lotto. NV shells are the best chance for custodianship
Seems dead for now. I wanted to buy a bunch these before the expert tag got slapped on. However I cannot buy everything LOL
Custodianships are not dead.
BORK has a Denunzio custody date on Dec 1
Its the first custodianship post Sept 28
Frank has stated he will get WWRL and all the other expert tickers (18) pink current. WWRL and many other stocks have been updated on the NVSOS. That would be a lot of $$$ to wast eon the Nvsos to let these tickers go.
Hoping we have an SS like NHLG or an HRAA
Looks like WWRL is on the backburner. However others like ITRX have been updated (still expert) and a work in progress. Hoping before years end we get Pink
Based on Franks performance and his $$$ invested, he will come thru for WWRL
MDAW
Someone bought 17k share on Friday. I've read some Canadian brokerages allow buying expert
I do think my list of likely future custodianships still stand because these are easy to acquire for custos without opposition.
MPEG had some good buying throughout Aug. Alpharidge?
BORK-----1st new custodianship attempt post Sept 28
The Denunzio team will has an NV appointment Dec 1 2021
Looks like custodianships are alive and well. U can still make money, but it won't be the bonanza where u could load trips and sell at .06 to .10 with a good share structure
The information comes courtesy of suits & stocks page on the grey sticky atop of the board
Not saying to buy BORK. Waiting for it to settle and do further DD
Currently yield sign
Will the Denunzio team get BORK or lose like the Lions on a 66 yard FG?
Okay I see now. Sure gonna miss getting in early on those custodian plays :(
Gonna check out warrants a bit more. Nice section on ihub describing the details
Hraa
In most David lazar plays I typically have sold out at the .06 to 10 cents range with floats similar to HRAA
Most of the time with Lazar RMs you will get a crappy China RM that becomes an illiquid turd or does a reverse split
Took a gamble with HRAA and kept 1/2 my shares. Was hoping no China RM and a great RM post Sept 28
US resident here
Yes I read a bit about IB and many flocking to get funds there.
I got good positions in many of my stocks. Just wanted to top off a few positions
thanks a bunch MBOT
If there comes along a reliable broker allowing greys/stop sign buying for usa residents.........massive business
From what I have read here, there is no law forbidding buying greys/stop signs.........only the brokerages saying u cant buy.
Have to turn in for the day. seen u on twitter. I cannot post there and thats fine
Thanks for the information
now we can breathe better lol
Got many of my shares before Alpha got custodianship
WWRL really no attention yet
I would buy a bit more if Schwab allowed it.
Micro float. I like this structure best out of all Alphas shells
Still in NHLG and MTEI
OT: VCYE (still stop sign) had and update on otcmarkets.com stating the stock has 1 beneficial shareholder. No updates on SS from 2011.
Couple brokerages are putting this at a buy SVB Leerink is one. Huge gamble but at least there is something tangible to explain the pops earlier in 2021 March. Nice buy rating at 65 to 75 a share LOL
Thanks blaster
I wasnt able to get any shares and Schwab won t let me buy now unless pink current
Still watching this one
Been in lurk mode (also very busy outside of ihub)
JMHO I think Alpharidge and possibly other custodians will still acquire shells
Once the new rules are applied and given the "trial run" I think they will go slowly at it
Alpharidge has clearly stated they will try to get shells by bypassing the court petitions and contacting owners. Yet it may be impossible to contact some shell owners and they will likely have to petition the NV courts and go thru the custodial process
Will be glad once Sept 28 passes
I have schwab and prefer not to move money around
Any known brokers will who let me buy any non current pinks (grey or stop sign???
I know Schwab and Wells Fargo will only let me sell
MBOT
Made the corrected NV G2P list on Aug 15.
Feel free to print
Keeping an eye on the following
MPEG----bid keeps creeping up (Alpharidge doing back door custodianship or possible revival?)
HTHL-----keeping eye in this due to TA updates
MDAW-----same-----TA updated share structure
updated (corrected the NV g2p list of 188)
Request new list get a sticky and the the old list get unsticky
Thanks