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With all seriousness how much could the centurion acquisition cost? Jason said they made over a million dollars this previous year and that was only the unaudited results
Yes he is still on the board . I’ve spoken to him a few different times on linkid .
Haha come on Bubae. He knows better than to look himself in the mirror. Since he most likely will blame the mirror for making him look so overweight and hungry for his brunch .
Yeah I thought about that in regards what would occur if the company wasn’t able to successfully uplist . And yes it does provide the terms of the maxim group and Jason seems to have jumped the gun or is absolutely delusional. I’ve posted before that the companies motto is that they are too big to fail and to small too succeed. Haha it rang some truth for me in regards to how Jason and Matt perceive themselves to be . But they seem to be using the uplisting and also the imminent this and that , to avoid any communication whatsoever with the shareholders. And that bothers me too no end . Due to the fact that some folks ask me what is going on and why won’t Matt respond to any of our emails or phone calls . And I am dumbfounded and confused as to what the company believes this will achieve and what their endgame is . But it seems to not make any sense whatsoever. Matt is telling people that they are in a quiet period and that may be true but that doesn’t release him of all responsibilities as an IR representative. So Matt has seemed to scare off so many potential investors and also scared off many of the previous shareholders , when he decided to block a good portion of them on twitter due to perceived threat on his end and in actuality was nothing more than shareholders requesting some clarifications in regards to the filing . So on so many occasions and levels of unprofessionalism on their behalf . And don’t get me started with their fiduciary responsibilities. I mean Jason’s actions may be kept to himself in order to avoid any further legal actions and Matt would be able to help him out with that . But why would they be paying for Ir representation and not use the services at all ? . Matt and Jason have both done this before, to be exact this is their second time within a two year timeframe that they have used the same exact rationale and justification to go through a rs and so on . So what makes them think that they can even get away or explain away the most recent rs in any logical and coherent manner?
He seems like he can’t even control himself haha . It looks like he may be trying to acquire the centurion deal after the so called major uplisting . Jason has Been handing out notes at a discount , which is normal but since the first day after the rs he issued notes and more notes and more . Hence the rapid decline in the stock price . Also the reason why all of My purchases and some others to get the price going and Reached 9.90 $ . Only to be swallowed by the ever so fiscally responsible Jason . Why not use it to add board members and independent directors along with the other requirements? Who knows but is making himself look more and more foolish and greedy along the way
I would however assume that the dilution has seemed to come to some form of end. Since we know Jason or any other otc company Tend not to stop diluting regardless of what day it might be . But 241 shares traded is truly a testament of time and I would assume that Jason might think it’s due to the Jewish high holiday this week . But haha he can’t be that naive or damn hahaha Jason knows no bounds whatsoever
The auctus notes have already been through the mill . I would say that is hopeful and behind us now but haha I know better than to assume that it is far from over . Especially due to the ‘Imminent’ uplisting . Jason loves to use terms In which he has a broad definition of . For him imminent or impending could mean 1-5 years on Jason’s galaxy . Sorry haha sometimes I just can’t help myself but to be a smart ass . But Jason and Matt especially make it so damn easy , that it would be borderline criminal if I didn’t add some sarcasm value behind it . While Matt seems to post on twitter 80 times a day as if he was an analyst, while avoiding all communication activity with the shareholders altogether and downplaying the use of any social media outlets has for the company altogether. Is rather ironic and humorous to me. He informed many shareholders that the company was going to take down their social media accounts since it provides no value whatsoever for the company . While at the same time posting on various social media outlets as if it were going out of style . Matt definitely brings so much to the company haha
You are right about that . There are plenty others out there to pick from. I pretty only limit myself to less than 5 otc stocks in all . So don’t need all that drama and suspense that seems to always occur with most otc companies. I don’t get paid to promote the companies crap haha or products. So I don’t waste my energy on that . That’s why I like to stick with the S&P for the majority of my portfolios . I miss the dividends that some of my bigger positions used to see . So I’d be happy to see that occur . And hahah come on bubae as well as you can see by now that shareholders or retail investors aren’t adding or opening new positions. The volume activity for today was very evident of that . And that ask wall seems to not want to let up . But Jason should have another million dollars from the two loans that he had found it necessary to agree with and issue notes to auctus funding the day after the rs and then again at the end of July too . So it amounted to million dollars and why the price was getting more and more and has been getting hammered . I tried to get the stock price in the 9 dollar range and let It settle there on a handful of times . But as you witnessed it was a futile attempt. Since Jason takes no day off haha
That’s you’re agenda and fine by me . But if the business model was so successful then the buying volume wouldn’t be drying up to this extent . Or am I wrong about that viewpoint ? . If folks are day traders or swing traders and as you said flippers is not something that I care or that factors into my views about the company. I mean I wish success to all investors regardless of their investing strategies . So it is what it is . And as most like to point out , do not invest more than you can risk or are able to risk . And agree with that a 100 percent . I choose to swing trade on the big boards . Since the volatility provides the same types of reruns as most look for and expect from the otc world. The intra day swings on the national exchange are a regular occurrence
Listen bubae you will not see me defend any of the actions that Jason has or will make . I don’t care for his entire lack of compliance or disregard for the shareholders equity and sentiment . I don’t care for him or his mentality whatsoever. He should just try out the private sector or would that make too much sense altogether? . I mean I can’t even understand how these scribblings of his doesn’t scare off any lender right from the bat . Of course he caters to them and adds little to no restrictions on the terms of the notes . So as fast as they come is as fast as they go . But what’s Matt’s excuse ? He is getting paid per his job description and can’t even accomplish those tasks
Well wouldn’t that be a conflict of interest ? If he were also the cfo
I love how the company and mr Dawson agreed to release any information that is mutual or non mutual . Isn’t that just saying that they will not be responsible for any actions that may or may not occurred during the time?
I agree with your opinion on the second second paragraph. But this stock seems to have the same daily occurrence. The ask size can get hammered only to see the bid price continue to decrease and the walls on the bid are so small too . If Jason wanted to provide the appeal factor then he would allow at least some folks to see a profit or any type of gains on their positions
You see, providing a logical argument isn’t that hard . Wow we are getting somewhere at last . And will answer those questions that seem to keep you up at night . I know transparency and accountability is your top priority as always . Sorry for my sense of humor, but every acquisition comes with the development team . They provide the staffing with the tools needed in order for future operations. So every acquisition comes with a package deal . Educating and becoming familiar with the products . Hence the reason why they have over 20 employees for their small time business plans .
That seems to be the case of most CEOs . Majority of the shareholders in Atds are holding on with every fiber of their being . And are down but not out mentality. If the ceo wants to play a wait and see game well then he will be waiting a while haha . Just my viewpoint and my interactions with shareholders privately and publicly. But I love how bubae is able to point out the reality of the situation and consistency throughout his posts . Logic and rationale sometimes is hard to comprehend in the otc and many CEOs mentality
Change of opinions is fine by me . Folks will have a difference of opinion
Jason’s mentality is questionable at best . But that doesn’t change the demand and growth of the products that the company offers currently. Jason could be the dumbest and most incompetent person that there is . But that doesn’t take away from the value of the products and demand too .
My moral compass is what drives me . Seeing truth is what I am always striving for . Spreading lies for financial gains isn’t my cup of tea . Just because you’re morally bankrupt doesn’t mean everyone else is . Hate to break it to you
If this was to make my day brighter , why wouldn’t I do this every day ? Haha your logic makes so much sense . Every once in a while I will post on ihub , unlike some could say , don’t you think ? You seem to be faulterig on every front .
I guess you have learned from the best ? Avoiding attention at all costs ? The motto of the otc world . Haha and yet you sit here trying to prove your point against this company ? How ironic don’t you think ?
You seem to be under the impression that averting attention from yourself is the best and only solution haha . It’s sad and pathetic. Use your claims to back up your proof , not avoid it at all costs .
Yes and proof seems to be my strongest asset . Much more than you can say ? Claims of mine is backed up with proof on social media outlets, while you seem to lack any concrete proof to back up your claims at all . So what role does that play in your delusions of grandeur exactly ? Let me guess absolutely nothing
Haha and you’re the one talking ? Weak is the foundation of all your arguments and logic
If and when they allow this stock to run without any suppression whatsoever, then and only then will it see massive gains .
Wow and someone seems to be under the impression that the cap for tax losses would override taking a short term loss . Haha oh that’s right the same individual who claims to make 6 figure returns . What a hoot haha . My capital gains have already met their yearly mark . Now it’s a balancing act that will not react . Oh wait of course you already know this right ?
Believe me tax write offs are just as valuable . For me that is . But some folks have no clue how that Works too .
Please by all means try to call Matt and see how that works out . But I can tell you it will be a futile attempt on your part. Look at some of the filings and you will notice that auctus funding has received discounted shares precisely the day after the rs and since then . When will they find the need to update the shareholders on their uplisting progress? Let me guess after they fail to meet the price requirement. I am and will not sell any of my positions. What’s the point of doing so after all I Can just claim this as a loss when tax season comes Around again . Some seem to think that providing excuses on behalf of the company is productive in the slightest bit. But it will just play into their hands
Haha Matt Abadante seems to fall into a comma anytime folks try to communicate with him . He has got the loosest terminology of what an IR employees job title even means . He will hide behind the cloud of regulatory standards of oversight, that is if it suits his and the companies agenda . If the company continues to facilitate to the lenders and then of course complains about the financial situation of the company. There is no one to blame but themselves . Cry me a fcking river . And of course will lead to illiquidity issues and concerns but who is to blame for the predicament other than themselves .
And for god sakes they must stop facilitating towards the lenders . We have seen the buying volume dominate countless of times and makes absolutely no impact on the stock price. The buying activity could be 99 percent of the trading activity but if they continue to hand out notes at a discounted price then it will be a futile effort unfortunately. It’s as if they can’t seem to come to terms or unwilling to come to terms with this logic whatsoever
I agree with you a 100 percent in regards to Jason’s mentality and I don’t think he is in a position to negotiate with institutional shareholders. And you are right about the fact that they seemed to always boast about any form of updates in regards to the company and their great achievements and tend to be over exaggerated in the past and now it’s like pulling teeth with them to update the shareholders of their current state of business and uplisting . Jason and Matt are essentially two peas in a pod . And it’s unfortunate that it’s that way , since the IR is supposed to be an advocate for the shareholders in many ways .
Sturgis is actually right about the price having to be above 3 dollars and the bid price. The share structure is also accurate but the biggest question is how they will be able to meet all of the other requirements to be approved by the Nasdaq board. Matt has informed a couple of shareholders that they have filed the application and that the announcements of the board members and independent directors will be released after they get a response back if they have been approved . Which honestly doesn’t make any damn sense whatsoever and tells shareholders that if they were to announce the board members and the independent directors prior to the decision that they would have to buy liability insurance which would be around 500k .
Yeah I’ve been mainly focused on the company announcing the additions of the rest of the board along with the independent directors. Which they have truly miscalculated the value that announcing those additions would bring for majority of the shareholders . The shareholders seem to want the same exact thing and that is any updates on the uplisting whatsoever and then rely on the other business updates to reinforce the stability of the stock price. But it only works if both are in sync
Also around 15k shares were sold today too . So even though the volume was higher than usual . It still consisted mostly selling
But we have seen lots of after hours activity for quite sometime and the lots or the sizes of them are pretty large . Also the 4 dollar price target will be pointless soon if they don’t make any substantial changes or additions to the companies management and board . They have not taken the most constructive path towards the uplisting . Jason doesn’t seem to know how to play the role , just as most CEOs seem to do without any issues . If he updated the shareholders about the additions to the company and progress to meet those guidelines and then capitalize on releasing a business press releases . Would have been the most prudent choice in my opinion
Because I was accounting for some of the debt that I would pay if he were willing to hand over the control . Also Matt runs his own IR company and knows a lot about investing . And I’ve spoken to him in length 4-5 different times and was surprised that he was quite knowledgeable. But I am not here to sell you on my story . I don’t make up stuff like that . I even provide my balances of majority of my portfolios on Twitter . So buy it or not it doesn’t make a hell of a difference to me . I could sell all of my shares right now and make this stock go back down to the pennies . And am giving it 20 days to see some progress in the uplisting or I am done with this company.
The problem is Matt is so out of touch with the shareholders sentiment that no matter what he puts down , it isn’t going to make a damn difference. It’s been two months and they have seemed further and further away from being approved for the uplisting . It actually makes sense when Matt stopped communicating whatsoever with the shareholders . The day the rs happened . I even offered Jason 7.5 million dollars to acquire the company and all of its assets from them . And Matt of course responded to the email that he would call me back the next day and didn’t . I provided him the value of my bank accounts to prove to him I was not messing Around . But the press releases lately have been worthless in general. And it seems to be quite obvious from the lack of any interest whatsoever from the public . But they keeps on dumping shares also which isn’t helping their case
But no one actually threatened through out the entire conversation. It was 30 shareholders expressing their opinions and was very curious to try to jump to the big boards and not give otcqb a chance . Also the lack of communication by the IR employee towards shareholders and mucb more . I believe it’s got value that will show itself soon . But Jason has got to get his shit together and ASAP
No that altercation was on twitter and revolved around me . Since I have met with Ceos in the past . And Matt took it totally out of proportion when shareholders said it’s about time for me to take a trip to their neck of the woods
He has no business sense whatsoever. He should try out the private sector because he is not well equipped or knowledge how to run a publicly traded company. He just isn’t , and what makes it worse is that he even acknowledges that he has no prior history and isn’t certified to be an accountant. Which I believe plays a major role in the balancing of the books . If he doesn’t understand how to manage the books then how can he possibly work on reducing the debt or any other action to clean the books up and workable . Also I am looking over the funds that they have spent since the last rs and still hasn’t managed to provide much value in return for the products . And keeps on adding more and more products as if 11 products isn’t enough of a workload for the amount of employees they have . I’ve seen it far too often when the acquisitions start to add up and go from healthy purchase to unmanageable and inevitably forgotten or put on the side burner . So the more Jason acquires the more complex and confused he seems to get in general. I can see him acquiring 10 more products and still be discontent with what the company has to offer . Also the biggest conflict of interest that I see in the whole uplsiting scenario is the fact that Jason will most likely not want any outside help for example an auditor or an accountant and as you said independent directors . It goes against everything he believes and that’s full control of the voting power
And I agree with you about almost everything you have commented on . And have gone over the filings all the way back to 2018-2019 . When Jason purchased the preferred shares or series A shares from mr. Alessi or whatever the hell his name was . And then instantly saw the way that he thought of himself and the high standards he saw himself In. Which was rather humorous but he likes to always add in all of the filings how it’s vital to keep him and his company under his control for future success . And then adds also that the lack of his accounting and other skills could have a negative impact on the company and the stock . He seems to be content with increasing his salary at the expense of the shareholders and the company and has absolutely no clue how to read the reports himself it seems . He likes to indicate exactly what impact his actions could have but even though he clearly can acknowledge these possible issues, he doesn’t seem to be willing to reduce the possible adverse impact that his actions may have . Also your right about how they want to look like they are moving and are ready for the uplist but everything that they have shown would indicate quite contrary. Like the Q2 fins and the idea that they don’t feel it necessary to do a conference call or act in a proper manner as if they would be expected to act if they successfully were approved for the uplisting . Also no updates whatsoever on the additional board members and independent directors along with the other requirements, which I would have expected would have been announced starting from July 2nd through now and haven’t . Also Jason has no clue what shareholder friendly financing terms even means . But I can tell you that this will be their last attempt at rationalizing what’s best for the shareholders and the company by deciding to do a rs and to eventually make it to the big boards . Because let’s face it providing the same exact rationale and rs twice in less than 2 years is once too many times .