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We don't need no stinkin' NasDaq
It is extremely unusual to have a stock discussion site that has a whole group of outspoken members, often posting on Free memberships that profess to be part of some organised outfit to protect new and old traders of OTC stocks. They even have boards dedicated to it
I have never seen that before on any stock site
What a noble and selfless service to the community
Though it seems ironic when iHub are trying to attract new members
Texas installs another big solar + battery storage project
Michelle Lewis
| Mar 22 2024 - 2:36 pm PT
26 Comments
Texas solar battery storage
Photo: Enel North America
Power-hungry Texas needs solar and battery storage to help meet demand and balance the grid, so its largest utility-scale storage operator is delivering.
Enel North America has started constructing the Ables Springs Solar + Storage Project in Kaufman County, near Dallas. The project pairs a 186-megawatt (MW) solar farm with 115 MW/169 MWh battery storage.
Ables Springs is Enel’s 17th renewables project in the state, where it has installed 3.8 GW of wind and solar plus over 1 GW of grid-scale storage.
Texas consumes more energy than any other state, and demand is growing. Already the US leader in solar and wind, it’s turning to battery storage to maintain the ERCOT grid’s reliability in the face of extreme weather and rising power needs. It’s expected to add more new grid battery capacity in 2024 – 6.4 gigawatts (GW) – than any other state, according to the US Energy Information Administration. (Let’s not forget that Texas is also the top crude oil- and natural gas-producing state as well – we did say power hungry.)
“When ERCOT conditions tightened this winter, Enel’s solar and storage plants provided crucial generation and quick-response batteries that helped keep the lights and heat on,” said Stephen Pike, head of Enel Green Power North America.
Ables Springs is expected to generate 320 GWh of clean energy each year, enough to supply clean power to over 30,000 households. Over its lifetime, the project is expected to generate around $60 million in tax revenue for schools and public services. It’s expected to come online in late 2024.
Just over a week ago, Enel surpassed 10 GW of installed wind and solar capacity across the US and Canada and over 1 GW of installed utility-scale battery storage.
George Santos is switching teams.....
KMA S/L
So what does this have to do with GVSI...not following the thread here
Who is "them"
I think you are wrong but not sure....you say" They can do a R/S whenever they want, without a shareholder vote since it's the OTC. "
I think a reverse split is a corporate action and if so they must fulfill certain obligations to do so
"Rule 6490 requires that corporations whose securities are trading on the OTC Markets notify FINRA in a timely manner of certain corporate actions, such as dividends, forward or reverse splits, rights or subscription offerings, symbol changes and name changes."
"In some cases, FINRA may deny an issuer’s request for a corporate change. Generally, a request may be denied in any of the following circumstances:
The issuer is not current in its reporting.
Parties related to the action are the subject of pending, adjudicated, or settled regulatory action or investigation or criminal or civil action related to fraud or securities law.
The settlement and clearance process holds significant uncertainty.
FINRA believes forms and information submitted are incomplete, inaccurate, or lack proper authority.
A government authority has indicated persons related to the action may be involved in fraudulent activity."
Pretty vague
"Like any regulatory body, FINRA retains broad discretion regarding both the paperwork required from companies and the standards for each document. Generally, however, FINRA requires:
a file-stamped copy of the articles of incorporation;
a file-stamped copy of any merger articles;
an executed and notarized resolutions appointing both current and former officers and directors;
a Transfer Agent Verification form from any issuers to the applicable agents;
a legal opinion stating the corporate action taken complies with state law;
a notarized shareholder consent to the action taken;
a cover letter providing:
the complete corporate history of the issuer, and
all material facts of the action requested, including all changes that have occurred from the original date of incorporation to present; and
if relevant, a written confirmation from the issuer’s securities attorney that an amendment to the articles of incorporation is not required (citing the applicable law)."
Tieing up the board here??
Cannabis stocks rally as Schumer circulates petition for SAFER Banking Act
Mar. 22, 2024 3:24 PM ETCanopy Growth Corporation (CGC) Stock, WEED:CA StockMJNA, ACB, GRWG, TLRY, SNDL, ACRHF, LFLYBy: Val Brickates Kennedy, SA News Editor
Power Ower!!!!
"Crazy having a listing party when finra hasn't even approved a merger or name change " and you are asking ....why would you care??
Shooting and blast reported at concert hall near Moscow, Russian agencies say
Reuters
March 22, 20242:10 PM EDTUpdated 7 min ago
https://www.reuters.com/world/europe/shooting-blast-reported-concert-hall-near-moscow-agencies-2024-03-22/
GOP Rep. Marjorie Taylor Greene files motion to vacate House speaker's seat
In Your Face
I have no problem having a chartist on the thread...using charts is optional and can add to one's DD or not...if I don't like it I don't factor it.
On a stock suffering this volatility and news leaks I don't see how charts are relevant at this time
Can imagine how volatile a stock like that would be with him holding most of the shares
Truth Social IPO coming soon
2 X 500k share orders just sent this to .007.....nice
When in doubt you can always sell (or buy) in thirds or halves....no need to go it all if you are not sure
Reverse Splits in micropenny stocks rarely come out successfully.
The shares post split will be attacked by shorters and most often begin to fall post split.
If there is no positive news or events it falls more.
There is further to fall and shorters know the odds
If there are loans involved , the lenders will have certain benchmarks that have to be met before any money is released. They will hedge
The OTC R/S is most often a dismal failure....companies always promise that they will do it right and Long Term shareholders will be sold on that....denial....and they will try and encourage others that things are different this time
Further to fall...and when it hits the Low , shorts will cover
Like Starlost I have never been in a successful r/s , and I have been in many.....and I have never seen a successful OTC r/s
Regardless, I'm in for now G/L to us all
I'm surprised his mommy allows it
“We are excited to have finally reached the stage of commercialization of our one of a kind advanced fingerprint activated biometric credit card," said SmartMetric’s President and CEO, Chaya Hendrick.
NEWS
Biometric Fingerprint Secured Credit Card Manufacturer SmartMetric Reports up to 80% of USA Credit Cards Have Been Compromised
March 21, 2024 02:10 PM Eastern Daylight Time
NEW YORK--(BUSINESS WIRE)--SmartMetric, Inc. (OTC: SMME): Up to 80% of all credit cards in circulation have been compromised. Studies suggest that as many as eight in ten credit cards that are currently issued have already been compromised by some sort of hack or data breach.1
“We are excited to have finally reached the stage of commercialization of our one of a kind advanced fingerprint activated biometric credit card”
SmartMetric leads the world in biometric credit card technology in having developed a biometric credit card that has an internal rechargeable battery that is used to power the fingerprint scanning of the card user independent of card reading terminals and ATMs. This allows the SmartMetric biometric card to be able to used “anywhere and anytime” a card holder wants to use their new biometric card.
“With so many credit card data breaches leaving a card holders credit card information in the hands of card fraud criminals, the use of on card biometric identity validation security, has become a necessity," said SmartMetric’s President and CEO, Chaya Hendrick.
The advanced SmartMetric biometric card has many other features not least is its hardware-based detection of a live finger. This provides the card with added security against fake fingerprint replicas making the SmartMetric biometric card the most secure card developed.
SmartMetric’s card enrolls a user’s fingerprint easily and as frictionless as experienced when enrolling a fingerprint on a smart phone. On receipt of the card, the user simply touches the card's fingerprint sensor four times. This stores the user's fingerprint permanently in the card making the card only useable when the owner of the card touches the sensor to turn on the card at the time they wish to make a payment.
In Q4 2022, credit card users reached a total of 166 million according to TransUnion, up from the prior three years. Among those users, new card accounts are growing, too. Over the past year, nearly half the population (47.5%) opened at least one new account, bringing the total number of accounts to over 518 million by the end of 2022 in the United States. 2
Market research has shown that 70% of current credit card users are willing to pay $70.00 for a biometric fingerprint secured credit card. The single largest motivation is wanting to be more secure and better protected against credit card fraud.
SmartMetric will soon be offering its biometric credit card product with an inbuilt inside the card fingerprint scanner. The SmartMetric biometric credit card is in the final stages of the card's lamination process. The credit card lamination is where the card's circuit board and electronics are encased in credit card plastic. This is the last stage of the manufacturing process which will allow SmartMetric to start to present its completed biometric GEN4 card to credit card issuers.
SmartMetric has set up its production to allow for mass card production. The company is now able to manufacture over a million cards per month with this being able to be increased substantially over the next 6 months.
“We are excited to have finally reached the stage of commercialization of our one of a kind advanced fingerprint activated biometric credit card," said SmartMetric’s President and CEO, Chaya Hendrick.
To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com
Stock is up 50% today...how'd you make out?
Premarket today was:
"What is a form T trade?
Form T is used for reporting equity trades executed outside of normal market hours. 1. Form T is also used to submit last sale reports of OTC transactions in equity securities, for which electronic submission is not possible. 1. The objective of the Form T report is to maintain market transparency and integrity."
"In the OTC market, Form T trades are mostly the result of accumulated buys or sells handled on a not held basis by block desks, otherwise known as "late prints."
Using an example of a NasDaq stock or even a multi dollar stock to justify the reverse split is absurd to say the least....we are talking a micropenny stock here...let's get real
Would like to chat but apparently I can't
Aha you don't have an answer (or choose not to comment) LMAOO
Ouch, I guess I touched a nerve....she doesn't even own GVSI....ask her?
Yes volume (retail) will help us here but not if volume is coming from scammers/the pros....that volume is unpredictable and tainted
1Van why are you against legalisation/rescheduling ?
Why would 1van be against rescheduling??
doesn't matter....some folks want to buy in now but are waiting for some explanation and confirmations ....do you think they should just go ahead because you say :" don't worry it will be okay"////not gonna happen
no rush....just need to clear up the R/S question first
you're cool with the idea of an RS even if it's a fake...just to swing sentiment to the End of the month? I would rather have it cleared up first....then let things run naturally....why not??