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Everything is backwards in Australia, announce a share offering, and the price goes up when it opens.
Did you know there is 600+ species of Mammals in this region?
Almost thought this was the Expert Market Knife for a second after taking a nap
Should be interesting to see what happens when this opens up for a trade, if the insiders just dump shares into the bid, it should be easy to get low .01s or even sub prices.
There is only the share cancellation case, it now listed as closed by the judge after granting that last motion.
So in other news, the court case is now closed, waiting for results to be released by the company if they ever speak up about it. Were probably in a self-imposed quiet period here on out so don't expect much in the coming months.
This doesn't tell us anything.
Motion for Summary Judgement is out, anyone see what has been stated?
It's a mental illness that comes with the stock game, specifically seems to plague Investorhubs the most followed by Stocktwits, Twitter not so much since it's harder to get noticed there. Typically it's triggered by a great loss, our friend here probably lost a fortune on this stock. The site needs better moderation and removing of users that offer nothing constructive in discussion.
In other news, we had some more court updates today, anyone read them yet?
It's not correct, it was reported on 6/15 that the A/S remains unchanged from 7.35 Billion. Also the 435,000$ convertible note largely disappearing without any share issuance or press release saying it was canceled. Should expect a revision to be released, if not pink current will be delayed.
Most current filing has a A/S raise and a convertible note disappearance. Feels like the company just shoved these out of the door in a rush.
Love how nobody is talking about the recent updates in the court filings here, feels like two bots just scripted to post their bullish/bearish statements here.
Let's not jump to conclusions and produce false hype. Until someone pays for the filing on the clarkcountycourts site, we don't know what this update is.
There was a update published on the court case for this custodianship A-22-857826-C
[9] FCGD_NOTC_VOL_DISMISS_05_17_2023
Seems like he is the CEO of a subsidiary; UMMC Profectional Staffing Corp. Though said company is currently FRANCHISE TAX INVOLUNTARILY ENDED. But this individual isn't directly running the hospitals, Syed can be seen in press releases up to mid-late 2022, but Singh is nowhere to be seen.
Just to correct some statements that have been said about "our" CEO. Singh is the "to be appointed" CEO of $FCGD, not the CEO of UMMC. Current CEO of UMMC is Syed Rizwan Mohiuddin. There is a point of relation connecting the two, but it leaves a lot to be discovered in their history together.
The CEO is still a relatively unknown individual. Just a wealthy elderly man with a Turban that sits in the background of UMMC.
How much money did you lose on this stock JP?
Thanks Captain, but I"m referring to a actual visual and background to our CEO. Found him through a executive's instagram. Out of all the Kuldip Singh's out there, he is not the painter business, the skilled surgeon, or the bio-pharmacy guy. We got a real unknown/private individual in charge of UMMC/FCGD.
Pretty sure I found out who our CEO is after some detailed reverse image searching.
The CEO's mental breakdown is probably tied to her immediate divorce with Trent and his remarriage. Explains everything, and why the company went to shit after hitting .0025. That's when this started.
just don't forget to read those filings too, if you see a bunch of convertible debt but the share structure is maxed out, you can expect a Authorized Share increase in a matter of days.
So they have until the 15th to get their report out, reason it wasn't on time was because "Staffing Shortage". Now we know only William and Lori are left in the company, and last I checked, Lori is working for another company already according to her social media updates. So how exactly is this going to be remedied? Also is that 90 Billion A/S raise ever going to be canceled, or will it be coming with the rest of the OTC profile updates?
Total of 3,269,000 shares should be canceled from this if anyone here reads the filings and court documents. But people will get excited no matter what over "share cancellation". Just don't be left holding the bag when they dilute it up again in a week.
Hello, anyone alive on this board? Anyone else like the share structure+no convertible debt, or is that just me?
It's also a sign of manipulation to scare or entrust people into buying/selling the stock because some dude sitting at a computer wants everyone to think that.
Expecting another push down towards market close or even after lunch. If it holds away from its low, maybe another bounce coming. But this stock is struggling hard with all this volume, inexperienced traders and dilution makes it hard to do anything but sell.
Were halfway up to filling in all of the authorized shares (250M outstanding). If the companies convertibles and debentures aren't paid off by the time it reaches the top, they have to raise the A/S to continue diluting.
Well they sold 75% of their graphics cards inventory for shares in a unknown company. Still waiting to see if it was a smart move since the company did avoid the whole depreciation on their assets in the GPU market.
2 key factors to figure this out
When is the end of dilution? Will this stock dilute enough to reach its A/S and if so, we can easily expect a A/S raise dropping this below its new bottom. Currently right now this is what the dilution looks like, a big chunk of shares was just added to day according to the historical report
Selling 75% of their graphics cards for capital, was it a smart move or this company just kill off their primary business which is mining Ethereum. The price drops by Asus influencing the graphics card market seems to make it a good move to get rid of it all before the assets depreciate, but how will they continue their primary business objective to mine Ethereum unless they are moving towards a more environmentally friendly mining alternative as has been discussed in the crypto world.
Real notes to watch out here for is tracking the end of the dilution, and hopefully avoiding any potential A/S increases if it gets to the point of reaching the maximum authorized shares.
Accidently bought some shares that I never thought would have been filled, where is this stock going? It's nice having some sub penny 500$ share price.
Just for anyone not aware, the Filing shows up on both Social Life Network and The Crypto Company NVSOS's pages. Now knowing the NVSOS can be hijacked by anyone and put fake filings up, that's the question.
Where do you even pay to see these filings on the website?
Beta testing approved for iOS
Update !!! Below is an update the comapny just received from Apple .........Dear RAADR, Inc.,
— Jacob DiMartino (@Jacob_Dimartino) July 8, 2021
Build 2.0 (2) of your app has been approved for TestFlight beta testing.
App Name: RAADR
App Apple ID: 1090444233
Bundle Version Short String: 2.0
Platform: iOS
I would be interested in seeing the evidence of this accusation. Until the O/S updates on the OTC Markets website, we can't see shit.
.0006s are back on top
Glad to see someone is picking up the pieces where I left off two months ago.
What rumors on twitter, only thing being talked about is the Judge maybe siding against the debtors and maybe allowing chapter 11 proceedings to close
Company owes 120k to Delaware SOS. Wasted 20 bucks to see this filing myself. So until that is paid off, don't expect any going current news. The scary part is they dissolved in Nevada, reincorporated in Delaware, and became delinquent 03/02/2021 for not paying their taxes.