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Things were looking good in April of last year as we were out of the grey market and tele health on the front page in light of the pandemic. Soli issued a pr at one point and were punished by the SEC along with other companies because they thought they were taking advantage of the pandemic in a criminal way. We were sent back to grey and have been here since and now w the new rules on caveat stocks , no one can buy. There is obviously an accounting issue that needs to be fixed and our hope is that is being done so we can file, uplist and hopefully blossom into the company many of us thought was coming.
Thanks Pam. My B day is on 7/14 and 2nd quarter will be due right around that time. That’s my new date for possible filings
We should see a
Nice steady climb as we get closer to final vote in mid July. I think we hit 15$ and then rocket to 18 on approval… and 20-25$ by end of year.
2nd quarter due in less then a month…maybe that’s their goal?
I think 1.50.. but w some patience & a govt contract and we could be at 4-5…
I’m w you buddy…I hope they have a master plan …I have a considerable investment here..
I think this has to do w Clinical Herbal
“due to the difficulty in accounting for the disposition of an existing subsidiary” (From recent extension)
Disposition of Clinical and Herbal. (This from 2019 10k)
Based on the approval received from the Board of Directors in June 2020, the Company sold the outstanding stock of CHII to Charles Scott for $1,000, based on an independent valuation report confirming that the equity interest in CHII held by the Company had no value. As part of the transaction, the Company has assumed responsibility for repaying a line of credit provided by Mr. Scott to the Company and its subsidiaries, with a balance due on $199,219. The major effect of the transaction will be to remove the current debt of CHII, approximately $1,526,750, from the consolidated balance sheet of the Company.
As part of the process of executing the Share Exchange Agreement with CHII, an independent valuation of CHII was performed by Centri Valuation Services, LLC, as of June 15, 2020. Based, in part, on this valuation, the terms of the Share Exchange Agreement with CHII are such that, to reflect any difference between the CHII Valuation and the liabilities being released from the SOLI consolidated financial statements by CHII, Charles O. Scott will receive consideration in the form of 1,000,000 shares of SOLI common stock, in addition to a payment from SOLI to Mr. Scott of $50,000, which is due within 90 days of the Closing Date.
Upon the closing of the Share Exchange Agreement with CHII, SOLI’s then President, CFO and Director, Joshua Flood, resigned as an officer and director of SOLI in order to devote his full-time efforts to running the day to day operations of CHII as its President. Mr. Flood submitted his resignation in May 2020 effective at the Closing. Upon Mr. Flood’s resignation from SOLI, Charles O. Scott, and the other officers and directors of SOLI will remain the same, the CFO position was assumed by Charles O. Scott, and our current Director, Gregory Arms also assumed the position of Interim President of SOLI.
Feels like some shorting going on today.
This will go to 20$ easy
The problem w soli is not the SEC trying to ruin it, though it did go to far last year in its ruling.
As far as I can guess w any educated sense, this is an accounting problem related to a designation of shares made in 2020. Perhaps the sale of clinical herbs?
Honestly I don’t know… but you seem to be implicating something here that is not relevant in my eyes.
Typhin, are you still as optimistic as you were a few weeks back or not quite sure…
This is a no brainer…look at microvast…this is a huge company…the future is here
PR MONDAY sends this flying to 1.50
Perhaps a PR real soon.. feels right
Come on.. little bit more and I’m green finally.. this could go to 15 easily in short term and blow past ath w merger
I personally appreciate your posts.
THCB will fly when merger is confirmed and will never look back. PRs will flow consistently with this huge company.
The articles aren’t very persuasive for me as they are dated from a time when the disclaimer at the bottom of the page was there.
I personally think they want to start fresh w a new symbol (clcx) and want to distance themself from the negative and unfortunate events we have all experienced. They would rather not even advertise as a 2 time grey market entity which you can’t even buy at this point (soli).
Good job Pam and Leverage.
SOLI$
Is the short interest still very high here? I exited last time when it ran on shorts covering
Took another starter.. seems oversold.
Your absolutely right and when I first read your post I did not think anything mischievous at all.. though 400k shares later my guess is your post did have an affect.
If my memory serves me well you were the first one to find SOLI .
Anyway hope it all works out & GLTU.
I wonder if smitter bought shares today.
Walmart buying MeMD. Would be interesting to see for how much and how that could compare w us.
Accumulation ahead of Monday’s confirmation of merger w Microvast
Nice news, good be a big week w Ambri news coming up next!!
Potential here is big if management does it right.
CEO buys 30,000 shares.. news Monday.. could see 2$ next week.
If e trade would let me buy this stock, I would, if it got down to .10 cents or less. I still believe this works out well for everyone. Though I am baffled by what is the issue.
For a quote w a float of 28 million , it sure does Not move the way I would expect it too..unless my security details are incorrect. We will see how it moves on hood news eventually.
Yes. What I am debating w myself is how to treat the coming weeks and month as far as how to trade it and at what price. But ya I’m excited.glta.
I’m struggling with when to sell this one. It has so much potential long term and even just for the rest of the year...but these days with adhd traders who just flip for nothing...hard to see it rise consistently and gradually
It may be crumbs... but still... someone is buying shares of a company that is late on top of being late on top of being in the greys for over a year after being suspended. Someone feels good about something.
I still say our crazy story finishes with a happy ending. The wait has taken its toll psychologically.. but not much has changed.
Very important everyone votes for extension:
To vote: Advantage Proxy, Inc. Toll Free: 877-870-8565 Collect: 866-870-8565 Email: ksmith@advantageproxy.com It takes all of two minutes. They will ask for your name and what broker your shares owned in.
Here we go
Come on clov... this could get interesting
I would say it just a specific problem with the “due to the difficulty in accounting for the disposition of an existing subsidiary and “....but then why are they able to file 2019 10k and 2020.. there must of been something in the files during the year ?
I still think this gets resolved and we get off greys. Soon.
Coinbase fees are crazy. I always wondered if converting was cheaper then selling to then buy something else.
Must of been a glitch.. went back to .38
Easy to excited after all this time.
I think things start turning around next week.