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The shareholders that actually voted in the December 4 Proxy Ballot are an extremely loyal group. I, for one, am humbled that Mr. Stephenson sets aside some of his precious time to read what is written here.
On a side note, I couldn't help today but add to my sizeable stash. Nothing wrong with averaging up.
Time to embark $CLHI/TDS at this price is running out!
TDS had ample time to get their ducks prematurely in a row. I trust they will go full-throttle after their first PR.
I wish that I had a million shares but I entered the party late. As the saying goes, better late than never. I am extremely happy for those with shares into the millions. Good for you! My share count is finally and gratefully into 6 figures.
IMO if you own: a million, hundred thousand, ten thousand, or one thousand, we will all be equally as excited as we navigate through the coming weeks and months.
See everyone at the top!
Ditto to this!
Hopefully we can ride this momentum into Monday. I faintly smell a PR coming next week. We are well overdue for one with substance. $XALL
We just had a dump of 4k shares that took us down to .605. Unreal. It won't matter in the scheme of things. Next week should be fun!
Jim Cramer said this earlier on Twitter. Go $CLHI / TDS!!
Snowflake Stock Could Double in 2021:
@BruceKamich
https://realmoney.thestreet.com/investing/snowflake-stock-could-double-in-2021-15507040?tstmem=[userid_]&utm_source=alert&utm_medium=email&utm_campaign=RMYP&utm_term=Snowflake+Stock+Could+Double+in+2021
Thanks, Pro-Life! We are seemingly close to climbing over that 50% mark. Great days ahead. $CLHI
I get it completely. Could one of the mods please delete my last post? Thank you!
Horst, I too will hold because I believe this will still be an incredible return in a fairly short period of time. I am confident that all will end extremely well. PM me about your next trade(s) and I will follow your DD and guidance without hesitation. People need to get off your back!
Etrade has me down over $6.8M (P&L Today). LOL. This should get be fixed this morning. Has anyone ever experienced this before on a RS?
Same on Etrade.
Yes, but they will likely drop off at the opening. Over 3.4M shares already traded somehow.
CSTI and NITE on the ask at $100. Wishful thinking. LOL
$CZNI!
LMAO!
My etrade account has changed several times. Earlier this morning it showed QUTR as a 100% loss with all zeroes but still had my pre-split total number of shares. Now it has been reset to yesterday's closing figures. Weird.
Could Born Inc. be a business acronym (B.O.R.N.) that stands for something entirely different than our research for "Born?" I appreciate that some are suggesting possible merger candidates. However, I don't see the team at FiveT straying too far from their roots. I may be entirely off base...who knows at this point.
Good catch, TCI. Also, notice that the signatures are similarly difficult to read....pretty much scribble.
The signature looks like a copy and paste when it is enlarged. Notice that it was oddly filed at exactly 11:00:00. No date either like someone previously pointed out.
Thank you, Horst, for being the eagle's eye in the sky. I have a lot of respect for you and faith that we will all be rewarded in short order. GLTA! $QUTR
TDS hopefully will take care of us/our/CLHI shareholders in a respectful and compassionate manner. We are stepping up and going to bat for them and TDS hopefully will, in good faith, maintain a very attractive share structure post RM for us/our loyal shareholders. We are collectively responding to push this over the final goal line.
I have social media, for my businesses, that is managed by a third party. However, I don't have Twitter on any personal account. With that being said, anyone that is active on Twitter should remind TDS to be faithful to the shareholders that are stepping up, loyally, to have this process reach finalization. In a somewhat selfish manner, I can't seem to think that we shouldn't all be rewarded for our determination and faithfulness throughout this process. $CLHI!!
I also sent an email.
Great post, Gaskan!
I agree with you, Limer, that the next PR will address positive matters and not this complaint. As far as I can determine, XALL may not be a bonafide party to the suit. Just my humble opinion.
Well-respected firms, assumingly, like Ascento work under engagement agreements whereby they represent a seller throughout the entire process - A to Z. You can call it a finder's fee but it is far more entailed than that. In any case, I believe this complaint is pre-acquisition related and in the end, won't be a liability to XALL. Just my intuition and opinion of course.
Again, we need to let this all come to fruition. In my opinion, people are making a mountain of an anthill. $XALL
Good point, limer. I must state that you never know if a lawsuit/complaint will be dismissed. Too many factors to consider.
Counselors on both sides are masterful at telling their clients early in the proceedings, whether the plaintiff or defendant, that the other side has little to no case or merit on which to stand. It goes without saying that many love to run up fees. Then a few days before the trial date they start telling their client things such as "well, I have some concerns based on how you answered several questions in your deposition(s) and the jury (or judge) may perceive things differently." They literally start telling their client all the various outcomes and reasons why they should consider settling the case...not that this is a bad thing. This is exactly why a majority of cases are settled days if not hours prior to the trial. I suspect that this case will see a similar pattern but it will take time.
I have been through this, thankfully as the plaintiff, on more than one occasion. I was, in essence, Ascento for comparison sake. I provide M&A consulting in the privately-held lower middle market so I have a fairly good guess of what is going on here even though I lack all the facts.
This complaint doesn't phase me, but that's just me. Do your own DD and make your own assumptions. Maybe I am wrong, but in the end, it's not an enormous amount of money to settle. I am confident in XALL's future.
Again, just my opinion and best of luck to all our shareholders. $XALL
It is natural for emotions to come into play. Heck, I considered selling some of my position but make a habit of first going back to my DD file to remind myself why I am here in the first place. For me personally, I was able to overcome my emotions and didn't sell a share. Like someone posted earlier, I think this was orchestrated and we will have some surprises in the near future. $CLWD
This is my opinion on the court case:
1) On Nov. 4th defendant filed a motion to dismiss the plaintiff's complaint.
2) On Nov. 6th the above motion was stricken because it was not filed properly according to the court's practices and procedures. Most likely because MinrveWorks' attorney, John M. Gross, is from outside the jurisdiction and was admitted to practice in the district via Pro Hac Vice.
3) The same day MinervaWorks filed a motion for conference addressed to the Judge.
4) On Nov. 11th the Plaintiff provided a letter responding to the motion.
My thoughts are that this complaint was initiated because of a prior agreement/understanding between MinervaWorks and Ascento Capital. Xalles Holdings was named a defendant because of the acquisition...attorneys always name everyone possibly related to the case as a defendant and force the defendants to prove otherwise.
From what I understand XALL was served on Oct. 14 and had until Nov. 4 to answer, which was the same day Rodney Bowers (Minerva) filed the motion to dismiss the plaintiff's complaint - through Atty John Gross.
I might be missing it, but I don't see that XALL has filed any motions or answered the complaint. It is possible John Gross addressed it in the 11/4 motion to dismiss. It seems that XALL's position is that they are not a party to the complaint and that is the reason MinervaWorks wants to conference with the Judge. John Gross may or may not be representing XALL.
I expect this will be settled out of court but it will take time. I am not losing sleep over this complaint as this may be solely MinervaWorks problem. Yes, XALL owns MW now, but typically stock purchase agreements (they called it a share purchase agreement in the PR - the same thing) have representations and warranties that protect buyers from pre-acquisition lawsuits/situations like this and other unknowns such as past taxes due, etc.
This has to run its course. This is a small issue that may not even involve XALL in the end. Unless Ascento was exclusively representing MW and XALL purposely circumvented Ascento by violating an executed NDA, which seems unlikely. There are other scenarios but not worth the speculation at this point. I expect positive PRs soon.
This is all just my personal opinion...go $XALL and GLTA!
Thank you once again for all that you share, Horst. It's much appreciated.
I think that this PR was a teaser of sorts or a read between the lines one. I hope it's a hint of things to quickly come. The good news is that it appears SWARM is functional but such an unorthodox way to announce it. Is this a prelude to the new website launch and some meaty PRs? I think so and expect the upcoming trading days to be remarkable. I added more today to my ~3M. $CLWD GLTA
Not a bad day on solid volume. I hope we have a detailed PR within the week (ideally still this week). $XALL has too many things cooking not to have a meaningful PR imminently forthcoming. Go $XALL!
I agree. We have to be in for a flurry of PRs over the next few weeks. I still believe that the remainder of the year will be amazing. $CLWD
Well said, Sello!
You "buy" trucks and equipment (FF&E) to reduce taxes usually at year-end. Paying it off will likely reduce your depreciation and interest expenses thus increasing your taxes. Wrong chuck.
Hi TCI. I am sure Horst will chime in with his articulately worded reply. I just wanted to point out one thing...the Reverse Merger was already consummated. We are not waiting on it - just the announcement and FiveT's plans. Horst will take it from here. :) $QUTR
Thank you, Horst! The FiveT web is broad and you've done an awesome job simplifying it. I am patiently awaiting the news. $QUTR
I still remain hopeful that an acquisition will be (has been) consummated this month. We could get a PR in early November announcing the acquisition(s) that closed in October. However, I would prefer news this week and especially separate PRs for each deal. In any case, the remainder of 2020 should be extremely positive. $XALL
Nicely noted, Sello! Thank you for your significant contributions to this board.
We should receive updates, IMO. However, the only one that sort of ties into October is:
Acquisition of 2-5 companies – completed throughout October and November 2020
However, it is a bit ambiguous to the extent that we could get a PR in November announcing any October acquisition(s).
I personally would prefer that they didn't announce several acquisitions in the same PR. PR the first one and each additional one individually.
Just my thoughts. IMO, XALL should be off to the races and is a long-term gem for me personally.
Best of luck to everyone!
XALL
I agree, VeryImpressive, this is one of my favorite, if not my favorite, OTC positions. In fact, I continue to accumulate and would like to double my 3M position before the Reg A takes us to the promised land. I may exit approximately 10% at some point around $1 PPS but I plan to confidently ride the CLWD train for years to come. CLWD -- BOLTA!