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DD_dempsey has reasonable expectations based on currently available credible information (from verified custodian announcements, adsvcorporate.com website, SEC filings, DE UCC search, and OTC Markets site). I am very interested in any credible adverse information you have about ADSV. Would be grateful if you share.
230m shares OS, Max :)
Which means the current MC on OTC Markets based on 411m OS x $.0098 = $3.37m should be adjusted down, IMO.
It should be:
230m OS x $.0098 today’s close price = $2.25m MC. The 230m OS (reduced by 180m) is based on 180m shares that were lost per this Jan 2020 8-k: “The difference or 180 million shares was lost by the beneficiary. These shares were in the process of being returned to the treasury for a non-completed transaction, when the loss occurred. The insurance or bond expenditure is too cost prohibitive for the company to acquire the bond. Because of these shares’ restrictive nature and all sides in agreement of the loss it is in the managements opinion that this 180 million share tranche will most likely never enter the market.”
https://www.otcmarkets.com/filing/html?id=13853593&guid=HAnnUKuv_ee_Qyh
So, congrats to all the new investors who joined us today today.
Looking forward to seeing Delaware State registration showing current based on the filings that were started by the custodian last year per the Nov 2020 8-k: https://www.otcmarkets.com/filing/html?id=14516302&guid=HAnnUKuv_ee_Qyh
AND need to know what this CA company with ties to Chinese conglomerates is. June should be an interesting month!
Yes, huge potential. As of today, DE registration hasn't been updated on the Corp Division web site. I think we're close, but not quite there yet. The volume today seems to be from those who want in before confirmation of filings.
Ditto.. Much appreciated, petemantx!
Registration still is NOT current. They have started working on this November 2020 (per 8-k). Now that they have this new suitor, they seem to be back at it per MMG's update last week.
I’m not expecting much change in the coming few months. If new products AND marketing efforts are successful, substantial change may be visible starting Q4.
Reasonable! After closing the current acquisition deal in progress, I hope they focus inward to gel these companies and have a strong marketing push for the multitude of new products. They have great cross-selling opportunities within their current customer base. VisaMoneyOne will need good marketing $$ initially to make space for itself. I’m cautiously hopeful and still holding a substantial position.
jerseyboy, when it comes to revenue forecast, I like their conservative approach. What do you see as a more reasonable valuation/multiple range at this point of time?
This is good news. At this stage, avoiding hiccup is priority one. Forward and onward!
I’ve got to kill auto correct. Can’t keep up w/correcting all of its corrections. Should have read, demands constant news.
Makes sense, GigantorX.
I interpreted today’s tweet as showing that IQST now has another path to uplist (under Nasdaq’s Capital Market Tier).
I do understand the company’s predicament as they try to be responsive to shareholders with opposing information needs. It also doesn’t help much when the average (not all) Pink Sheets investor has the attention span of an ant and demands company news.
By far, this is the most interesting board on iHub!!!
AND remove 180m shares from circulation and you barely get $2m MC. See: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163783038
My guess too...
Thanks, but there is no link to Lingstar Co.
I know, I know... Just for a few days
I was pleasantly surprised by today’s news. Great start. Good things happening. Has Video River posted a link to Lingstar’s website? Need to dig in a little deeper into their business and I’m finding more than one Lingstar. Thanks in advance!
Pollux, that’s my expectation too. Does anyone have an average for the valuation of empty shells at this stage? No pumpers, please. We want this a clean factual/sound analysis board (even if just for a few days).
You’re welcome, max. I think, compared to shell companies at this early take over stage, the MC is very low. I hold a few mil shares. I will continue to hold. Not much down potential, and I hope to learn more about the new management soon.
GL!
Let me break this down folks:
1. OTC Markets Share Structure shows that based on 411,239,719 Outstanding Shares, Market cap as of 5/12/2021 is: $2,261,818.
https://www.otcmarkets.com/stock/ADSV/security
2. However, the Custodian reported that “The current outstanding shares reflected with the company transfer agent and the transfer agent is about 411 million shares. The shares in the “street name” is about 230 million shares. The difference or 180 million shares was lost by the beneficiary. These shares were in the process of being returned to the treasury for a non-completed transaction, when the loss occurred. The insurance or bond expenditure is too cost prohibitive for the company to acquire the bond. Because of these shares’ restrictive nature and all sides in agreement of the loss it is in the managements opinion that this 180 million share tranche will most likely never enter the market. The current float and outstanding shares in the street name is about 230 million shares."
Source: https://www.sec.gov/Archives/edgar/data/927454/000168316820000194/adsv_8k.htm
3. Based on 230m shares, the MC as of May 12, should be $1.24m. In other words, a 43% discount based on MC.
4. I hope to learn more about this new company so we can all understand the true value and potential of the shares we own.
GL!
Hey Joe, this carrier seems like a smaller company since IQST met with their Board of Directors. Also, this description is indicative of a smaller company:
“The target carrier has hundreds of miles of fiber optic network covering a combined 40 million direct and indirect clients and potential clients in America.”
A smaller carrier may be a good fit for IQST for faster decision-making and carrier attention. Either way, sounds like another growth area. All these leads give us much to look forward to in 2022!
Thanks fir sharing. That’s what I have seen. I’ll check next week and post what I see.
I have been checking the status every week. As of last week, it hasn’t changed. Are they current now or is the status still not updated?
Does it make sense to just pay the $10 to check if they are current yet? They can’t be current w/o paying dues and submitting their report, right?
Wow! AND Amen. Thank you for sharing.
Yep. Dallas, and now, Miami. Just a matter of time!
“Great meeting with the City of Miami”
https://twitter.com/pmpg_inc/status/1389192705348182018?s=21
reena969, I have researched that other ‘G’ stock. Very risky. My average in ADSV is a little higher than yours. I think they’re late updating the filing w/State of Delaware, but negotiating the debt down from 600k to 30k makes it within easy reach. Hopefully soon.
We’ll be watching the next Synergy update report closely!
Thank you, biodoc for taking the time to explain it.
Layman’s question: Is it possible that the anti-bacterial and anti-inflammatory properties of B, can make it a more effective therapeutic?
I know we need data from P2, but just asking about the possibility based on existing lab data.
This is a good sign. We finally have a savior, LOL. The incredible DD that was done by many on this board before the PRs started flowing is second to none!
There are those who want to depress the price for a reason. Everyone, stay alert. Follow the facts! Always verify.
Thank you, drugmanrx for always citing evidence!
April has witnessed a quiet accumulation with steady upward trend in both price and volume including today's action. Is another milestone imminent?
I also see more sensors than what they running last month
I think the correct link to the data collected by the prototypes is:
http://www.cygnetron.com:2019/
In the PR, they listed www.cygnet.com
Great news!!! I wish they waited a couple of weeks until they filed the 10K before releasing this PR. Also, no need to mention E-F halt in the PR. Still, great PR showing the incredible potential that is well underway from in the way from patent to revenue! Good job, PMPG!
Yes, no sense in selling at this pps. Once the transfer is announced, there will be a very different valuation.
Link to the Zoom update:
Updated Message to shareholders just released via website and Twitter:
https://pmpginc.com/about