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Xin and Chang
I'm not complaining, but it looks like smoke and mirrors to me. It's almost like Xin and Change are the same person. Which is fine and dandy to me. It's like a Chinese enigma going on behind the scenes. As long as I'm making money, I don't care.
But, there are things just seem confusing to me:
10K
https://seekingalpha.com/filing/5544433
Latest filing:
https://seekingalpha.com/filing/5609366
So in 10K it says:
In December 2018, Mr. Glass sold 60 million shares of common stock, representing all of the shares he owned in the Company, and equal to 56.83% of the total number of outstanding shares of the Company’s common stock, to Lili Xin for the sum of $90,000. Ms. Chang became acquainted with Mr. Glass through a mutual associate and they subsequently negotiated a deal for his control bloc of shares in the Company. Concurrent with the sale of his shares, the board of directors appointed Ms. Chang as the President and as a director of the Company and resigned from all positions he held with the Company.
Huh?? How did he sell to Lili Xin and then it jumps to Ms Chang suddenly. As I remember, in previous filings, it says he sold to Ms. Chang. And then Lili Xin appears very recently when Ms Chang gives control to Lili Xin. Are the two the same person and just playing games? I don't know.
Whateever. They/he/she buy from 60M shares from Bryan Glass.
Yet somehow, according to the current filing, Lili has 80M shares to sell to Fang. So, does that mean she already had 20M shares before knowing Mr. Glass? And if so, why did she need somebody to introduce her to him the first place if she's looking for some shell? Just coincidence? Or she gave herself 20M more? I don't know...
But it says in the latest filing:
Purchase Agreement, dated June 15, 2021, between Lili Xin, the president and principal stockholder of the Company (“Ms. Xin"), and Wang Fei (“Mr. Wang”), which provides that Ms. Shin will sell to Mr. Wang 80,000,000 shares of Common Stock registered her name (the “Shares”), representing 59% of the outstanding shares of common stock in the Company as of the Record Date, will resign as a member of the Board and from all executive offices she currently holds with the Company, and will appoint Mr. Wang to serve as a member of the Board (the “Stock Purchase Agreement”).
And then in this latest filing, it says Xin is President of An Fast Electric Vehicles:
From April 2017 to June 2020, Ms. Xin served as the Vice President of An Fast New Energy Vehicle Co., Ltd, and from June 2020 to the present, she has served as the President and Chief Executive Officer of An Fast, a developer of alternative energy vehicles located in the People’s Republic of China.
Yet, as I remember it, Chang was found or President or somethign of An Fast. So, again, same person? Sisters? Just seems suspicious. Whatever... I don't care. Have plan will travel. I would have preferred an electric car company come out.
So also in latest filing:
This Agreement provides for the acquisition of the Shares by Buyer at a total purchase price of Three Hundred and Fifty Thousand U.S. Dollars ($350,000.00) (the “Purchase Price”) on the terms and conditions set forth below.
So that means Chang and/or Ling (Depending on which filing your believe) bought 60M shares for $90,000 from Bryan Glass and now sold 80M shares for 4 times what they paid. That's a good return! Even IFF this is some sort of money laundering going on with the Chinese mafia. Who knows. I really don't care. I see no evil; I hear no evil. Maybe it's all on the up and up. Again, I could care less. Not saying one way or the other. I just know that it doesn't look ugly. It just looks good and/or bad. And I prefer bad or good over the ugly, but I also like the ugly.
__________________________________________________________
This local address in the latest filing is also given for Wang, even though his business is in China:
1601 Walnut Street, # 201, Cary, NC 27511
That's a building owned by TransGlobal or something. Huge legit company, but also ironically full of Asian employees. Almost all of them in pictures. And this building can be Googled, and it's called Herrington Suites if memory serves correct. But the signage is also covered in Chinese writing. An office building of some sort. No information can be found on it really.
And then, this transaction occurs with the assistance of Bryan Glass again in the latest filing. So, when he sold out a few years ago, his involvement didn't end. So, somehow, he is connected to the Chinese syndicate. The Chinese enigma, whatever you want to call it! We started with an address with a little Chinese franchise and some Chinese writing all over it. Sharing the same address as a Global satellite website from China. Always China, China, China...
At least I have a Chinese website now with Fang on it, and that's a darn good video on the front page. Nice marketing regardless! I want this movie to start! Let's get the show on the road!
Xin and Chang
I'm not complaining, but it looks like smoke and mirrors to me. It's almost like Xin and Change are the same person. Which is find and dandy to me. It's like a Chinese enigma going on behind the scenes. As long as I'm making, I don't care.
But, there are things just seem confusing to me:
10K
https://seekingalpha.com/filing/5544433
Latest filing:
https://seekingalpha.com/filing/5609366
So in 10K it says:
In December 2018, Mr. Glass sold 60 million shares of common stock, representing all of the shares he owned in the Company, and equal to 56.83% of the total number of outstanding shares of the Company’s common stock, to Lili Xin for the sum of $90,000. Ms. Chang became acquainted with Mr. Glass through a mutual associate and they subsequently negotiated a deal for his control bloc of shares in the Company. Concurrent with the sale of his shares, the board of directors appointed Ms. Chang as the President and as a director of the Company and resigned from all positions he held with the Company.
Huh?? How did he sell to Lili Xin and then it jumps to Ms Chang suddenly. As I remember, in previous filings, it says he sold to Ms. Chang. And then Lili Xin appears very recently when Ms Chang gives control to Lili Xin. Are the two the same person and just playing games? I don't know.
Whateever. They/he/she buy from 60M shares from Bryan Glass.
Yet somehow, according to the current filing, Lili has 80M shares to sell to Fang. So, does that mean she already had 20M shares before knowing Mr. Glass? And if so, why did she need somebody to introduce her to him the first place if she's looking for some shell? Just coincidence? Or she gave herself 20M more? I don't know...
But it says in the latest filing:
Purchase Agreement, dated June 15, 2021, between Lili Xin, the president and principal stockholder of the Company (“Ms. Xin"), and Wang Fei (“Mr. Wang”), which provides that Ms. Shin will sell to Mr. Wang 80,000,000 shares of Common Stock registered her name (the “Shares”), representing 59% of the outstanding shares of common stock in the Company as of the Record Date, will resign as a member of the Board and from all executive offices she currently holds with the Company, and will appoint Mr. Wang to serve as a member of the Board (the “Stock Purchase Agreement”).
And then in this latest filing, it says Xin is President of An Fast Electric Vehicles:
From April 2017 to June 2020, Ms. Xin served as the Vice President of An Fast New Energy Vehicle Co., Ltd, and from June 2020 to the present, she has served as the President and Chief Executive Officer of An Fast, a developer of alternative energy vehicles located in the People’s Republic of China.
Yet, as I remember it, Chang was found or President or somethign of An Fast. So, again, same person? Sisters? Just seems suspicious. Whatever... I don't care. Have plan will travel. I would have preferred an electric car company come out.
So also in latest filing:
This Agreement provides for the acquisition of the Shares by Buyer at a total purchase price of Three Hundred and Fifty Thousand U.S. Dollars ($350,000.00) (the “Purchase Price”) on the terms and conditions set forth below.
So that means Chang and/or Ling (Depending on which filing your believe) bought 60M shares for $90,000 from Bryan Glass and now sold 80M shares for 4 times what they paid. That's a good return! Even IFF this is some sort of money laundering going on with the Chinese mafia. Who knows. I really don't care. I see no evil; I hear no evil. Maybe it's all on the up and up. Again, I could care less. Not saying one way or the other. I just know that it doesn't ugly. It just looks good or bad. And I prefer bad or good over the ugly, but I also like the ugly.
__________________________________________________________
This local address in the latest filing is also given for Wang, even though his business is in China:
1601 Walnut Street, # 201, Cary, NC 27511
That's a building owned by TransGlobal or something. Huge legit company, but also ironically full of Asian employees. Almost all of them in pictures. And this building can be Googled, and it's called Herrington Suites if memory serves correct. But the signage is also covered in Chinese writing. An office building of some sort. No information can be found on it really.
And then, this transaction occurs with the assistance of Bryan Glass again in the latest filing. So, when he sold out a few years ago, his involvement didn't end. So, somehow, he is connected to the Chinese syndicate. The Chinese enigma, whatever you want to call it!
At least I have a Chinese website now with Fang on it, and that's a darn good video on the front page. Nice marketing regardless! I want this movie to start! Let's get the show on the road!
That's going to be my conclusion -- a typo.
I didn't realize Brich was in there too. This looks like another Bryan Glass future gem. I may pick some up under a penny IFFF it goes that far and AFTER the runup of EVCC. I think EVCC is further along.
Look at this FireMed:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164733355
I don't understand. A typo? I feel like cross polination somehow. Same perons(s) involved working on two projects. I could see a typo happening that way. Thinking about one ticker when filing for another...
Possible? What else could it mean?
An Amended Filing out today:
https://www.otcmarkets.com/filing/html?id=15072581&guid=egGkkF62Ry-4-yh
This is the original filing a few weeks ago too:
On page 14:
We are quoted on the OTC Markets Group’s pink trading platform under the trading symbol “EVCC.” The OTC Markets Group is regarded as a junior trading venue. This may result in limited investor interest and hence lower prices for our common stock than might otherwise be obtained.
Yet, EVCC has its own filings. Bryan Glass was involved there as well. A filing is out there today too, but shows a different CEO with a Chinese company.
Wow, thanks! Great find! It's not even posted at OTC yet, which means I wouldn't have looked further. It seems my timing was impeccable.
So we finally some information to work with:
Wang Fei founded Yongbaichao New Retail Co., Ltd. in 2020 and has served as the company’s director and chief executive officer since inception. Yongbaichao New Retail is an e-commerce enterprise that currently offers a range of wine and spirits and that intends to branch out into other retail goods. In 2017, Mr. Wang founded Shandong Yuyi Extraordinary Culture and Art Company and held various positions, including the Chairman and chief executive officer from 2017 to 2019. From 2015 to 2017, he served as the design president of Shandong Mingjia Group. From 2011 to 2014, Mr. Wang was the vice president of the Seventh Branch of China Aerospace Construction Group Co., Ltd. Mr. Wang Fei received his bachelor’s degree in architecture from Inner Mongolia University of Science and Technology in 2009.
Maybe Retail Co. will be coming through?
I found this website of Yongbaichao:
http://www.ybcjy.cn/en/
It says, "they started the process of listing in the United States." What does it mean "listing?" That sounds like listing on a stock exchange? Like EVCC, perhaps?
Actually this does have to be us:
http://www.ybcjy.cn/en/col.jsp?id=107
That's Fei Wang. And the filingsays "Fei Wang." By the preponderance of the evidence, I hereby declare with great confidence that this is us coming through! I'm not 100% certain, but I'm confident about this conclusion.
Finally!
07/01/21 Bought 62868 of EVCC @ $0.026 Unassigned -1,639.52
06/24/21 Bought 8322 of EVCC @ $0.026 (Order #1654) Unassigned -221.32
06/23/21 Bought 1000 of EVCC @ $0.026 (Order #1654) Unassigned -30.95
06/22/21 Bought 1400 of EVCC @ $0.026 (Order #1654) Unassigned -41.35
06/15/21 Bought 800 of EVCC @ $0.026 (Order #1654) Unassigned -25.75
06/14/21 Bought 25610 of EVCC @ $0.026 (Order #1654) Unassigned -670.81
100,000 more shares finally paid for in full. That was PULLING TEETH to get. Took over 2 weeks of begging.
409,716 -- Total position in EVCC now. That brought my avg. per share cost up to .0233 from .022.
FOLLOW UP on my RAVE Time-Stamp:
On the post I'm responding to, I said this when NROM was in the .40s:
I actually like NROM more. It's a pizza company too - Noble Roman's. It has the same yearly sales. Also franchised, but they ahve 6 company owned stores. Both NROM and RAVE were at 51 cents yesterday. NROM is still there, thinly traded, and it's market cap today is the same as RAVE's was yesterday. Same sales almost.
I think the Pizza Inn brand is much more recognizable. But I think is a great deal for anyone that think they missed RAVE.
As usual, it seems I talk to walls around here. The stock is now .65, coming close to a 100% return since the time of this time-stamp. It was announced this week that an Investors Relations man was hired, and he has an impressive background.
The deaf never want to listen...
May take a little longer.
I'm being delayed at Blackberry. I'm going to allow 1,000 shares to be put to me tonight so I can go long Monday with 2,000 shares. As I explained to my nemeses in another forum:
-------------------------
SPECIAL ANNOUNCEMENT:
Estimated commission
$20.00
Estimated proceeds
$2,479.39
I'm RIPPING my contract up with bears. And I have extended our terms to put 2,000 shares to me at $12.50 6 weeks out to August 6.
Buy 20 BB Jun 25 '21 $12.50 Put Executed @ $0.6Jun 25, 2021 10:56 AM ET
Sell 20 BB Aug 06 '21 $12.50 Put Executed @ $1.86Jun 25, 2021 10:56 AM ET
MORE EXTORTION money. Thank you. Another $2,500 NET proceeds. I'll throw $500 of that into escro for taxes and make it a cool $2,000 for easy math. Bringing my avg. cost down to NEGATIVE ($34).
But, I'm going to let you put 1,000 shares to me at $14 today, bringing me up to 2000 shares long at NET average per share cost of NEGATIVE $20. (-34 cost on 1000 shares plus 14 cost on 1000 new shares) == That's 2,000 shares that bears have PAID ME to take the course of my BB journey. And YOU paid for them. 2,000 UNRESTRICTED shares on the house! NEGATIVE ($20) cost per share -- new cost average.
Thank you very much. Been a pleasure serving you!
-----------------------------------------
Whatsup YOU'RE FIRED! Again! I'm firing you a second time. You did a terrible job a holding my place here. I'll be back!
Oh, and NROM is up 100% this week. That's because truth always comes out in the shake They hired a professional IR man. Looks interesting. Some DD on that in another forum as well. If that goes to $1.40, I'm going to cash in with a $100,000 in profits and put 1000 shares back here.
So, HOLD!!!! Do NOT leave without me. I'll be back! That too is the truth. IFF you hold my place in the line. I don't think I should have to pay higher. That would not be fair. Or, at least, it wouldn't be prudent. Well, maybe it would be fair and prudent. But, just hold the movie please.
WHATSUP, you're fired a third time! Just because!
I'm in a war with shorts! :)
I probably should haves stayed put here, but FORA is not marginable. Wish it had an options market.
This week, it's possible that I'll have 3,000 shares of BB (Blackberry) put to me: 1,000 at strike $14 and 2,000 at strike $12.50. That would bring me up to 4,000 shares of BB at an avg. cost of $2. That's actually my best scenario.
But if it doesn't happen, I need to decide if I come back here or extort more money from my mortal enemies. That decides on FORA's price. I need to come back in at same price I left or lower.
I'm playing with fire, obviously. Living life on the edge here! At least my movie is full of action. I just want this show to start. BUT NOT YET. Can you roll some commercials first? Wait for me!!!
CORRECTION:
Actually, I am the bid:
06/15/21 15:58PM EDT Buy 700 EVCC Executed @ $0.026
06/15/21 12:35PM EDT Buy 100 EVCC Executed @ $0.026
06/14/21 11:22AM EDT Buy 25310 EVCC Executed @ $0.026
06/14/21 11:01AM EDT Buy 300 EVCC Executed @ $0.026
It's pulling teeth to get shares around here. I had to raise my bid to .026. Currently 26,410 shares executed on a 100,000-share GTC order this week.
Total shares currently 336,124 at an avg. per share cost of .02274.
Actually, I am the bid:
06/15/21 15:58PM EDT Buy 700 EVCC Executed @ $0.026
06/15/21 12:35PM EDT Buy 100 EVCC Executed @ $0.026
06/14/21 11:22AM EDT Buy 25310 EVCC Executed @ $0.026
06/14/21 11:01AM EDT Buy 300 EVCC Executed @ $0.026
It's pulling teeth to get shares around here. I had to raise my bid to .026. Currently 26,410 shares executed on a 100,000-share GTC order this week.
Total shares currently 336,124 at an avg. per share cost of .2274.
Papa's deal with the "devil."
Come on guys, it's not so bad. I'm here with y'all. My entire history here:
05/14/21 Bought 30000 of IVFH @ $0.34 (Order #1640) Unassigned -10,204.95
01/08/21 Sold 245 of IVFH @ $0.65 (Order #1466) Unassigned 159.21
01/08/21 Sold 2000 of IVFH @ $0.70 (Order #1466) Unassigned 1,399.72
01/08/21 Sold 7755 of IVFH @ $0.765 (Order #1466) Unassigned 5,926.57
01/08/21 Sold 4800 of IVFH @ $0.8698 (Order #1467) Unassigned 4,169.42
01/08/21 Sold 3000 of IVFH @ $0.86 (Order #1467) Unassigned 2,579.58
01/08/21 Sold 1300 of IVFH @ $0.80 (Order #1467) Unassigned 1,039.82
01/08/21 Sold 6100 of IVFH @ $0.85 (Order #1465) Unassigned 5,179.20
11/24/20 Bought 11500 of IVFH @ $0.2899 (Order #1432) Unassigned -3,333.85
11/24/20 Bought 1500 of IVFH @ $0.2899 (Order #1432) Unassigned -439.88
11/24/20 Bought 2775 of IVFH @ $0.28 (Order #1431) Unassigned -781.95
11/17/20 Bought 7450 of IVFH @ $0.25 (Order #1417) Unassigned -1,867.45
11/13/20 Bought 10000 of IVFH @ $0.35 (Order #1416) Unassigned -3,504.95
07/15/20 Bought 1650 of IVFH @ $0.2799 (Order #1325) Unassigned -466.79
07/13/20 Bought 1000 of IVFH @ $0.28 (Order #1325) Unassigned -284.95
06/19/20 Bought 9350 of IVFH @ $0.28 (Order #1325) Unassigned -2,622.95
Currently in with 50,000 shares. It will pop again one day. The fact that James Pappas has been buying at .35ish is nothing but a good deal. With the devil or not, matters not.
Don't overthink it. Animosity, bitterness, depression -- all good traits to exploit! If you were happy, blissful, and profitable and expensive, I'd be worried.
The time-stamps above show a story of about $13,000 invested. Then $20,000 proceeds for selling most shares for a cool free 20,000 shares and net $10K profit.
Now back with a net 50,000 shares for net $10Kish cost. Putting the profits right back into the business!
Easy money! I even bought a Father's Day gift off of mouth.com The wind is on our back now. Some board members with former affiliations of our biggest client, US Foods, whose pandemic shackles have been removed. The healing process has begun.
Whatever you think, it's never as bad as you think. It's never as good as you think it is either. So, in this case be happy that you think it's horrible. :)
Sorry, I'm on extended leave:
I'm in a bear fight, so I need a two-extension please. Hold down the fort. Don't let the stock go anywhere. I'm still using the FORA capital as collateral. I've extorted over $3,000 from adversaries so far.
A synopsis of my battle in another land:
===============================================================
ATTENTION ALL TROUBLE MAKERS.
You have less than 8 business hours to put BB to me at $14 per our agreement. This is what I think of your current .20 cent offer to let met out of it:
HOLD MY SEAT, Whatsup
06/04/21 15:34PM EDT Sell 10 BB Jun 11 '21 $14 Put Executed @ $2
06/04/21 15:32PM EDT Sell 100 FORA Executed @ $11.285
06/04/21 15:32PM EDT Sell 100 FORA Executed @ $11.285
06/04/21 15:32PM EDT Sell 800 FORA Executed @ $11.261
Watch my seat till I get back. I didn't meant to go, but I have to leave for a bit and take over $1,000 profit with me real quick. But I'll be back.
Just wanted to use it as capital for a week as I collect $2,000 for giving a short the right to put Blackberry to me next week (in 5 business days)
Don't let anybody have my seat. I want to come back to the same place or lower. So, I'm counting on you, Whatsup. Make yourself useful here please.
Good to see compliance! Just now seeing all this. Lili Xin seems to have a goal. They filed a current 10Q yesterday too. Nothing in there to give any hints. Just a write-off of a loan. Which at least shows a work in progress. Somebody is doing something. They are burning cash from their own pockets to do whatever it is they are trying to do so. So, that's good..
Wish I had more to say. Been having fun with Blackberry. Still have my limit order. Good to see demand. It's going to run one day. They should hurry up while the retail investors out there are empowered.
FINALLY the 10K! I'm late to the party here of knowledge. This is just now hitting my desk. So it's settled. The OS was wrong. Our investigations were correct. The transfer agent was correct:
At May 21, 2021, there were 135,569,068 shares of common stock outstanding
10K has been corrected. Always more trustworthy than a 10Q
New CEO as you all noted:
n October 29, 2020, Chang Qi voluntarily resigned as a director and officer of the Company for personal reasons. She did not resign because of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices, or if a director has been removed for cause from the board of directors, disclose the following information.
Prior to her departure as a director and officer of the Company, on October 29, 2020, Ms. Chang appointed Lili Xin to serve as the sole director and as the president of the Company.
As of the date of this Report, Ms. Xin serves as our only director and officer.
That's interesting. I bet an EV (Electricle vehicle) was the original plan. Who knows what it is now. Maybe an EV, maybe not. Now I have no bearings. But it's good to know that something is still in play here. Money laundering? Can't rule anything out. As long as there is a purpose and a goal of some sort, I'm happy. The good, the bad, or the ugly. Still waiting... Have an order for 100,000 more shares down there at .022 or thereabouts somewhere.
I'm 99.9% percent certain that "long" to you has an entirely different meaning to me.
10Q Showing Progress:
10Q out today shows things still brewing as I read it:
During the three months ended March 31, 2021, the Company issued nil shares.
And then some SUBSEQUENT EVENTS in April:
On April 14, 2021, an entity owned and controlled by our chief executive officer, received payment from a stockholder of the Company in the amount of $5,750, for services rendered by that entity for the Company.
On April 1, 2021, the Company entered into a credit agreement with one of its stockholders to secure funds to maintain operations. A loan of $10,360 was received pursuant to this agreement on April 7, 2021, and a credit note in even amount was provided to the lender.
On April 1, 2021, convertible promissory notes issued by the Company to CaiE Foods in exchange for the aggregate principal amount of $107,800 were in default given that amounts due were not paid or converted into equity, at the option of CaiE Foods, on maturity. The Company intends to settle all amounts due to CaiE Foods as part of a comprehensive settlement.
On April 1, 2021, the amendment to the Company’s articles of incorporation in order to increase authorized share capital, filed on March 15, 2021, with the Nevada Secretary of State, was made effective.
To me, that's a sign of life with purpose.
Outstanding shares at 3-31-21 is 4,610,670. So far, unchanged. That's better than many floats out there, and most of those are restricted shares at this time. Which is great physics as I see it.
If you want in, now is probably the best it's going to get for you. When things are dull and boring and in tight hands with no liquidity. At least, that's how I feel about it. And if you're thinking I'm going to come down to your bid -- Well, you better think again. And if you think I'm going o meet you at the ask. Well, you better raise your ask above $1.00. And then I'll think about it... But you won't be getting much. And you better come to your senses before the mystery emerges from the portal. Then your when and what questions will command much higher premiums.
The goal: The Company’s present intention is to identify, evaluate and secure a business opportunity to create value for its stockholders.
A mystery package on order. Will it be an Electric Vehicle company and exciting? Or a boring manufacturer of shoestrings? I don't know... I'm hoping something exciting. Good or bad, doesn't matter, butv preferably not ugly. But with current leadership, I definitely feel it will be something good. Just a hunch.
Source: https://ih.advfn.com/stock-market/USOTC/arvana-pk-AVNI/stock-news/85146842/quarterly-report-10-q
OS -- It's also good to note what the exact official audited count is as of 3-31-21 just prior to the PIPE:
29,824,424 shares.
So trustworthy market cap. Way more expensive than KERN is today. Right on target. On the time-stamped record, I said HLIX would be more expensive than KERN by the Summer of 2021. I didn't expect it to be this much more expensive. I said I dont know how it will happen, but it will happen. Either KERN drops or HLIX raises or some combination. So now FORA is expensive and KERN better valued perhaps.
I sure never saw it happening anything remotely like this at all. Nonetheless, truth comes out of the shake. And small barking dogs continue to bark. We have the cash Mr. Whats allegedly said he offered HLIX. Then changed his story and said his friend offered it, but HLIX walked away. No corroborating evidence of course.
And here we are with that cash. I guess they didn't like Mr. W and his friend. Might as well add that ending chapter to his fairy tale as we embark on a new journey! Ahead of KERN! Ownership in KERN as they fall as well, and had their crew pay me some royalties for all their smack talk over the years.
My prediction of how KERN and FORA will look next year: I have NO IDEA. Foggy seas ahead! But I'm very confident that it's going to be interesting. And this time, our PIPE investors are our hostages. If we lose, EVERYBODY LOSES to my understanding. As it should be.
Looks like there was a disagreement with Zac and Ogur over some shares but got resolved in all of this mess. A few lawsuits, but forward we go. With a plan. A high tech plan written in hieroglyphics. An intelligent road map of some sort.
10Q Review.
First, our troller is not being honest. Staying true to his form. Everybody that listened to him lost money. I know I for one made good money buying HLIX and selling higher at .20 and then .30. And every long that ignored him came out great at today's price. I should have never sold and been off better. And we never could get any corroborating time-stamps from you. Only thing on the record was shorting for losses and never covering on the record.
Whew. Now time for facts. They start with $12M, just what they said would happen. End the quarter with $10M cash. Then later in April, they do a PIPE deal for another $12M, which means they have about $20M in cash now even though that cash probably hasn't hit their coffers just yet but maybe it has. That's the good thing about PIPE's. Fast cash.
That's like KERN's war chest that they had when we were getting fleeced by predatory lenders. In my view. The BOD and accredited investors put up that money. So, the stock does look expensive to me. But very, very foggy also. A lot more than KERN. However, I love the vested interests and so I'm not worried.
So, we are EXPENSIVE with vested interests. To be fair. And that revenue is meaningless because it's not a full quarter. It's an increase to FORA, not HLIX, which I don't even know. That's just a fog to me on a skim.
BUT, have an excellent current ratio of 5. Thanks to all that cash. I could be unorthodox and throw in long term liabilities into that denominator and come out with a ratio of 3, which would still be excellent.
Then we have a nice professional conference call that got typed up fast. Meanwhile, I have a company called NROM that types up its conference call one every 3 years if you're lucky.
https://seekingalpha.com/article/4429300-forian-inc-fora-ceo-daniel-barton-on-q1-2021-results-earnings-call-transcript
Talking in technical tongues, but at least HLIX understands that language. And we have a Gerard Heymann from RBC that asks questions. A professional. Unlike when Mr... Ahem -- the one I'm responding to, showed up to act up.
That would be this man here:
https://us.rbcwealthmanagement.com/g.heymann/
Intersting is all. Hopefully, confused analyst Alan doesn't come to our future conferences with his passive aggressive nonsense. HOpefully he stays far, far away and bothers Jessica and company at Kern instead.
I have a hunch lots of noise is going to come once all the dust settles here. As I said, I'm ready for show. With all that cash and now on Nasdaq, they can start moving aggressively like KERN I think. And maybe, just maybe, it can become a marginable stock and have an options market on it not too far off into the future. :)
Merging
Since I'm viewing KERN and FORA as my Cannabis partners now, I'm going go ahead and reduce my avg. price in FORA (as I see it in my consolidated compartmentalization) a buck.
Sell 10 KERN Jan 20 '23 $2.50 Put Executed @ $1.16
May 11, 2021 3:31 PM ET
No options market on FORA yet. But that's $1,160 received for selling somebody the right to sell me KERN at $2.50 at anytime between now and January 20, 2023.
It probably won't get assigned. If it does, that's fine too.
SOLD! POPCORN IN HANDS
Let the show begin!
05/11/21 15:03PM EDT Buy 50 FORA Executed @ $9.805
05/11/21 15:03PM EDT Buy 50 FORA Executed @ $9.805
05/11/21 15:03PM EDT Buy 50 FORA Executed @ $9.805
05/11/21 15:03PM EDT Buy 50 FORA Executed @ $9.805
05/11/21 15:03PM EDT Buy 100 FORA Executed @ $9.81
05/11/21 15:03PM EDT Buy 100 FORA Executed @ $9.81
05/11/21 15:03PM EDT Buy 187 FORA Executed @ $9.81
05/11/21 15:03PM EDT Buy 88 FORA Executed @ $9.81
05/11/21 15:03PM EDT Buy 225 FORA Executed @ $9.809
1,000 shares of Fora owned now a $10.27. 1000 shares controlled in KERN, and 1000 shares owned in FORA. Let the cards fall where they fall. Both companies should have lots of cash and both acting agressively. Maybe they can get a fist fight or something. I don't care!
:) I have no more loyalties. People are fickle, they betray you. YOu have to walk in rooms backwards. My loyalty is to Mr. Benjamin!
I'm getting an itchy trigger finger. I raised my bid to $9.81 this morning, but they moved up on me. So, I went back to to $9.01.
Reporter out next Monday. Should provide some clarity, but I expect lots of fog still.
One thing for sure, they should be flush with cash like KERN. I'd really like control of 1,000 shares in both for a few years at least. I have KERN under my control. Having both would be real nice! Have the market cornered, so to speak.
$9 remains elusive. KERN drops a buck and FORA goes up a buck. This must be let's-harass-NobleRoman week.
So basically, as others noted, HLIX did a reverse split and applied for Nasdaq listing and got it. But it's more complicated. HLIX had assets, and somebody merged into them.
Curiously, there is a similar story unfolding on a shell called STLY in my eyes. It was formerly Stanley Furniture. It's not an empty shell though. It's a shell company with lots of cash and interest-bearing assets, producing net profits from interest alone. Low share count. They just filed for a reverse split. It may be 1 for 10 or as high as 1 for 25. And then they are going to apply for Nasdaq.
It's hard to get shares there. I bought 10,000 shares at an avg. price of .62. I want to see how it plays out. My expectation is that some company will reverse merge into it as well, eventually. So if it goes Nasdaq, I would view that as similar to a SPAC in my eyes. It would have a low float. But unlike here, it would be a mysterious suitor in the future. And I love mystery gifts.
An interesting case for it is here at Seeking Alpha:
https://seekingalpha.com/article/4233584-hg-holdings-this-50-cent-stock-1-in-assets-and-potential-game-changing-catalyst
Just noting some parallels is all. I like the alignment of interests over there. There was a capital raise at .65 per share last year. Something's going on, and it has credible people and hard evidence of great assets in its filings. Check it out.
But don't drive the price up. If you want in, don't get in hire than me. Try to get in lower. Just for greed purposes only. And only if you have patience. Patience is a virtue!
I just want to get in FORA. It's the only thing I want that I don't have so far.
I bought 10,000 shares here at avg. price of .63.
I'm ready to see what emerges. A revere split is coming of 1 for 10 or 1 for 25. This is a very interesting shell that is actually profitable due to its interest-bearing assets.
They are also going to apply for Nasdaq. It's going to be interesting. I view this as a SPAC in a way.
I can't eat my popcorn yet.
Can't relax yet.
Your order below was successfully executed:
Account: XXXX-7179
Order Number: 1617
Order type: Buy
Security: KERN Jan 21 '22 $2.50 Call
Term: Day
Price type: Limit at $2.35
Execution price: $2.22
Quantity: 9
I did, however, just make a reservation for KERN at the $2.50 strike, buying a LEAP two years out. I didn't know they had an options market. That's a cheap time premium. Very cheap 24 cents to pay for that time value for that far out. That's a $2,000 cash outlay versus $4,000 for the common now. That takes care of my guaranteed 1,000 shares in KERN.
Now I just need 900 more shares of FORA at $9. I'm in at 100 shares at $14.45. You did the right thing just plowing through the smoke screen. You came out unscathed.
I had NO IDEA KERN had an options market on it. That means FORA most likely will in the future as well, being that they are on the Nasdaq now. That would be great.
$12 Million Capital Raise:
I just got my price. I just put a GTC order in after hours for 900 shares at 9.00. I'll pay 5 cents more than institutional buyers of share offering announced today:
Forian (NASDAQ:FORA) announces direct offering of 1.19M shares to institutional investors at an average purchase price of $10.21 per share, compared to the last close of $11.42.
Gross proceeds will be $12M.
It includes directors purchase of 560,461 shares at $11.33 per share; remaining 631,282 shares were bought by unaffiliated investors at $8.95 per share, representing ~15% discount.
The company says it expects to use the net proceeds for data acquisition, working capital and general corporate purposes.
I don't like anybody having shares cheaper than me. This doesn't sound like dillutive fund raising like Scott Ogur's abuse, giving people the right to sell at any price. For that, Scott Ogur made it to my #$#@5 list.
I'll go with $9 IFFFFF I can get my price. A BIG IFFF. That would bring me at 1,000 shares IFFF I get my 900 share ask. That's my only endorsement of a price point for these foggy waters.
I do like the fact that new mgmt. has spent an exhorbitant amount on an infrastructure that's over my head. That means they are serious about something.
And IFFFF I get my price, I'm going to match it with another 900 shares of KERN. And then I'll be done, and I'm going to get some popcorn, and just sit back and watch the show.
OOPS, wrong board....
I have nothing to say. I can't delete this post.
Rather than waste the space, I'll just not the following:
Aly Nazerali eventually made his way back to Canada where he served as a principal for a commodities future trading company that operated a top performing mutual fund in Canada.
Source: https://voiceonline.com/fake-news-nets-1-2-million-compensation-for-south-asian-businessman-altaf-nazerali/
If true, I'll hope that good experience on what investors look for translates into a good opportunity in AVNI. I think it will.
I'm ready for the surprise!!!! What is going to come through this portal?
Our 10K is out today:
https://www.otcmarkets.com/filing/html?id=14863532&guid=CRopUKubDWNIa3h
These are basically knowns:
1. On November 11, 2020, the Company notified CaiE that it was no longer interested in acquiring its business given the delays in obtaining its audited financial statements.
2. The Company is in the process of evaluating business opportunities and has minimal operating expenses.
3. On April 1, 2021, the Company entered into a credit agreement with one of its stockholders to secure funds to maintain operations. A loan of $10,360 was received pursuant to this agreement on April 7, 2021, and a credit note in even amount was provided to the lender.
4. On April 1, 2021, convertible promissory notes issued by the Company to CaiE Foods in exchange for the aggregate principal amount of $107,800 were in default given that amounts due were not paid or converted into equity, at the option of CaiE Foods, on maturity. The Company intends to settle all amounts due to CaiE Foods as part of a comprehensive settlement.
Better than it was 2 or 3 months ago. Still better than .20 pre-merger.
I think it would need to drop to $5 for all insiders to have nothing, so I think it's a good place to be in an illiquid stock. I'd stay optimistic.
My interest is in BB (Blackberry) these days. They acquired Cylance and had hard integration issues. That could happen here. But it's intesting how much companies can change and evolve.
On a *price per share* only, BB and FORA are equally priced almost. I have 3,000 shares in BB and 100 shares here. So, BB captures all my attention these days. And I sold 30 PUT contracts for $8,000 in revenue on BB this week at the $7 strike almost 2 years out. So, FORA is just a tiny blip in my portfolio. It's not going to break or make me one way or another.
But one thing is for sure. Even though FORA is a tiny fraction of the size of BB, they have both have high-tech convoluted integrated things going on. Both technological plans for the future. Some similarities; albeit different industries. Both in security though in a sense. And now, they are both on reputable stock exchanges.
I'd be optimistic. I feel more comfortable in BB just becaues of John Chen and Prem Watsa, but you are a lot more familiar with the leadership of Forian. I'm not. The $H$T show at BB has been going on for 10 years now. LOL They aren't a phone company anymore. Acquisitions, indigestion. It happens to all of them. Change is hard! But it can be worth it! It has a happy ending for all or a bad ending for all. I like alignment of interests!
FORA is a real company no matter how it all ends up. And that in and of itself is something to feel good about.
10K is out.
https://www.otcmarkets.com/filing/html?id=14842756&guid=5FdpUWx4mSFVOyh
Hello Hidden. I just don't have any opinions here. I think I have 100 share. It keeps it on my radar. It's soo many moving parts. I just don't know. There are now 3 main lawsuits against Helix, and then a number of HLIX shareholders lumped into another lawsuit category. Probably resulting from those investigations.
This way of paying for services is annoying to me. I wouldn't say ugly. It's not that much. Just stuff like that annoys me.
Recent Sales of Unregistered Securities
On March 3, 2021, Forian issued to Wakefield Margo Group a warrant to purchase 17,031 shares of common stock at a price per share of $0.01, in consideration of services provided.
Seems that Forion actually had about $500,000 in sales for its first year in business last year. Subscription fees for something. And 83% of that revenue comes from just one customer. Which may not be a stable anchor, being so reliant on a VIP. I guess they do bring a little something to the table besides just capital. And they spent a lot on R&D and infrastructure for their plans with HELIX. They have software under development. I'm just skimming, but they posted a huge loss for all that build-out. At least they have some kind of plan that's over my head.
They have 22.2 million OS. They have about $12M in cash equivalents at end of December. HELIX doesn't officially come in till March 2, so I can't see what how it all comes together. And the 10K does state they expect very high integration costs.
I just don't know. It's over my head. But I do think it will be very interesting. I think my strategy will just be to do what I said in my first post in this forum. Just add 100 shares here and to 100 shares to KERN, here and there. Over time. Small little positions, avg. cost averaging, until everything comes out of the woodwork. It might take a long time for the fog to clear. I can't see anything. It's going to be an adventure though...
I feel safe and secure in my strategy.
They filed a late 10K notice.
Good sign. Shows that somebody is alive. AVNI filed a late 10k notice too. Their entire OS is a tiny fraction of the float here.
Both have something interesting trying to emerge.
Position unchanged:
309,716 total shares @ avg cost of .022
I'm still here with 26,000 shares. This stick just keeps creeping up. I wonder what's up... Somebody person(s) trying to accumulate.
Hidden, it seems like you came out of it real good in my eyes. It's a lot a better conversion, even at this price, than I imagined. Your entry point is still way down there. You came out better than me since I sold at .35 or wherever it was. I came out good, but you came out better. It was better to do nothing. That seems to be the verdict *so far*.
10-22-20 Rough Calculation
So in this post, I said:
It's much easier to round that up to 200M for HLIX's fully diluted OS and round Forion up to 20M shares for a good margin of error, and for easy, quick math.
So for every $1 of Forion, I can convert that to $20M for my market cap translation. And for every 10 cents of HLIX, I can quickly compute that as a $20M market cap.
Therefore, for my own personal calculation, I'm going to go with .10 cents of HLIX is equal to $1.00 of FORION. HLIX at 50 cents is FORION at $5.00. Makes it simple, makes good margin of error, makes it clean and metric kinda math. Multiples of 10.
So that's 20M is fully diluted. Looks like FORA came out as 36M fully diluted. Almost twice as much as my rough guess.
I think HLIX closed at .86. And I'm not sure where HLIX opened as FORA, but it sure wasn't at $8.60. So I ended up buying 100 shares of FORA for almost twice that amount. Whew! I should have just done nothing. Oh well. I'm just going to do some dollar-cost averaging over the months IFF the stock falls. Or if it goes upand nevercomes back down, I'll just have 100 shares of FORA.
For now on, I'm just going to do 100-share purchaes of FORA and KERN at the same time, at long intervals, IFFF they are both below what they are at now. Maybe one will buy the other one day. Or not.
That's a no-lose math situation as I see it. slow-wealth accumulation or small instant gratification. I have no idea how the cards will fall. Things are convulted beyond my understanding at this point. But it's going to be a fun adventure. That's all I know.
Going to be fun!
I bought 100 shares at $15.50ish.
I'll buy 100 more at $7 IFFFFFFF it goes there. I bought 100 shares of KERN yesterday too, their direct competitor.
Already down $300 or so. Oh well, such is life. Since I have no clue how to value this yet, I'm just going to do some dollar-cost value purchasing. Slowly over months, iff my price is $15.50 or lower. Dollar-cost averagign is the best way to go here if you don't know, I think.
The downside, of course, is you get left behind if it behaves like Gamestop or Tesla.
Chewy, I don't think you made a mistake.
You said:
I bought 60k of HLIX at .20. I haven't sold any of it and i think it was a huge mistake. How is this not a 20-1 reverse stock split at .05 conversion? FORIAN has to debut at $20.00 on the NASDAQ, for the shareholders to break even. too late now - why is this a good for the shareholders? This is a shit sandwich with a huge helping of regret!
I had 20,000 shares at that .20 price at one time. If I had *not* sold it, I'd be better off right now. Today, I bought 100 shares at $14.50 ish. It closed at $15.61 and is at $16.00 in after-market right now.
IFFF I had done nothing, like you did, I'd have 1,000 FORA shares right now worth $16,000 in after-market. Instead, I have $1,600 in after market and bought higher. You are better are off as of today. It may stay that way. I have no idea. It's better to be here on Nasdaq I think.
.20 was a good price for you. .21 pre-conversion is where Zac's options are priced at *to my understanding*. And the director can exercise at .15 pre-conversion. Some pre-madonnas around here for sure, but you are priced in good company.
I'm back in at $14.50
Actually, I'm all over the map and can't think straight. So distracted with other things. That was 32 million shares *fully diluted*. That's not as bad. We'll see how it all unfolds. It seems that FORA is priced equally to KERN right now.
Heck, I'll just take a foothold in both
03/04/21 15:31PM EST Buy 100 KERN Executed @ $4.48
03/04/21 15:30PM EST Buy 100 FORA Executed @ $14.4521
I'm just throwing money away today for no reason. I actually got a 6 percent raise at work today, so I'm pretty happy today.
So, we'll see what happens. There goes $2,000 to the wind! I don't know which way the wind is blowing.
So 3 feet in Cannabis. That third foot through JVA which is coffee going into CBD. And JVA is real value. These are speculative. We'll see. I have 3,000 shares in JVA, so my true investment for Cannabis is in JVA. HLIX and KERN -- I trust neither one of them. But I'm thinking these prices are okay to have a foot in and see how it plays out and keeps it on my screen thsi way.
Oh, shoot, what the heck. One more foot for KHRNF where Vincent Fox is at:
03/04/21 15:36PM EST Buy 10000 KHRNF Executed @ $0.35595
I'm just throwing money away today. I got a raise. I'm happy, . Well, there goes my raise!
4 feet in for Cannabis! 4 feet are better than 2 feet. Seems evolution goes that route more often.
So they haven't converted to HLIX symbol yet? See, that's the part I was in the dark about. I don't know if they would transfer automatically. I don't think that's right.
It's really, really hard not to let Mr. Market be your guide. Prices that go up are tantalizing. But it's the prices that go down that are truly the good ones. So now we know that 32 million shares is the outcome of all that. I dont even know what my rough calculations were. I remember coming out at around $5 or so during the price it was when it was 20 cents or so. I have to go back and look. I don't remember...