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It’s most certainly happening. Though if Zach misses another one of his timeline it would look bad to investors. We’ll see if it’ll happen tomorrow.
Court update - powerup added yet another lawyer representing them. I’m guessing they have 4 total now
We had these conversations when we got the 10 million from GHS last year. GHS did issue toxic debt to other companies but VNUE kept a price ceiling so it seems like GHS stopped their toxic lending for now.
Hopefully with Soundstr they could get the 75% accuracy for live music closer to 100%. That’s what’s unique about Soundstr and distinguishes it from apps like songhound and Shazam. Convertible debt reduction and lawsuits are not “nothing,” and he mentioned how he was in discussion with small and large entities for Soundstr which is obviously the first step to full deployment. Everything is moving in the right direction, which is all I care about.
Maybe at this point he should wait till 2022 for any news to reduce tax loss dump on news.
I’ve been following the court case and they’re still on the pre motion dismissal part. We should find out whether they reach the trial by the end of the year, at which point I think it’s highly likely they’ll settle.
It depends on the reason. I see many people dumping risk stocks rn due to anticipation of Powell announcing an earlier schedule for increased rate today. IMO we probably won’t be hawkish, and even if he was the rates aren’t affected until later next year so there’s no reason to panic sell at this time especially with COVID still happening. Things I say have reasons behind them.
I like seeing high volume before we move up. Let people dump before the news.
The worse omicron is the better it is for a music live-streaming site
UK reports first case of omicron death. Stageit for the win
Irrelevant
There better be news today or tomorrow
I mean I think it’s prudent not to drop a good news during a market correction but that’s just me.
Case and point - Zoom is up, along with other covid stocks like Peloton, Pfizer, etc. Stageit is one of Covid winners.
The market is freaking out over the Nu strain of covid. Dow falling more than tech stocks. This might actually be pretty good backdrop for the Stageit debut.
In order to uplist to OTCQB, sp has to have been above 0.01 for 30 days prior to applying (which VNUE already did), and above 0.01 at least one day in a 30 day period afterwards. Even if we occasionally dip under 0.01 if we come back to 0.01 like today we will still be eligible for OTCQB. The combination of StageIt and institutional investors from OTCQB could get us to above 0.05 pretty quickly, considering how insane all the tech IPO valuations have been recently. Pretty excited for the end of this winter.
Would you rather put the money in a mutual fund and see it grow 7% annually? If you wanted consistency you shouldn’t be in penny stocks. I’m here for a 1000% gain after months of stagnant sp.
Stop caring about the near term sp so much. It always bounces back.
The market is going risk off right now mostly bc of the fed chair unclarity, the annual debt ceiling political chicken race, and the rising covid. The good thing though is that both fed choices are dovish on increasing rates and the rise in covid helps with continuation of fed stimulus + the value of StageIt. I think OTC rally will probably start after Dec 15 when the politicians are done playing with the market. Jmho
It’ll honestly be hard to “bottom out” unless we get more buyers. Hopefully the “1 yd” mentioned for Stageit purchase is sometime this week.
I think Soundstr is the big mystery box with wide range of potential revenue. If they were successful at changing the PRO fee, and they develop an app like they said they would, then I think 0.25 isn’t unreasonable.
Because RHL is Zach’s other business, likely funded by Jock Weaver. It wasn’t created or funded by VNUE.
Court update - PowerUp hired two more lawyers to represent them.
All the markets going down bc of high inflation and VNUE is unharmed. High inflation is actually really good for microcaps with lots of debt bc it reduces the significance of a debt. It’s also good for service industry whose revenue doesn’t depend on a price of a commodity. Hopefully people will start investing more into OTC
I don’t know if there will be a PR in the morning, but the concert was definitely a success. They said they got 25k in donation outside of the ticket sales, and people kept tipping hundreds of dollars during the concert. If anything the concert showed just how much money people are willing to throw out to a cause (or artists) on livestream.
Except in this case the actual product empirically have 9 mil in revenue
What we can do in the meantime is to share the concert info with as many people as possible so that they could get introduced to VNUE and StageIt. What matters the most is the actual product, not the PR pump.
I looked up the court case with PowerUp and it looks like it’s still in the procedural part. Last filing was 11/4, notice of appearance of VNUE and PowerUp lawyers.
Added 200k shares today
There’s absolutely no way any company would sell in a way that would cause a 10% drop. That was likely a retail frustrated with no news, and/or scared of today’s FOMC minutes that turned out to be nothing.
Lmao who tf sold 7 million shares?
I mean, to me it was pretty obvious what he was doing but maybe not to everyone.
I wonder if this means VNUE will receive $600,000 or 600,000,000 shares? Because if it were in shares it’ll be well over 9 million dollars.
https://drive.google.com/file/d/1heor9XpcUm5gW60sPPibzIceuRlDIrS1/view
It’s a charity concert. They plan on doing it just to showcase the acquisition
It’s actually a pretty high volume day. It’s healthy to have a solid base around here before our next stop at 0.025
VNUE’s lawyers keep posting about how they’re excited about them winning their lawsuit but I hope we get our update on VNUE lawsuit soon. It’s very likely since Power Up is unregistered we will get all the money/stocks back that we paid them with interest. It would be nice if they had to buy back our stock at current price. That may be significant.
Seems like the lobbying campaign for the AMFA is going well.
YES!! @RepMcCaul co-sponsors American Music Fairness Act and drops sponsorship of LRFA! Friends don't let friends get LRFA'd! How we do in the 512! Fairness not darkness! #irespectmusic #IwannabelikeMike
— irespectmusicaustin (@IRMAustin) October 22, 2021
This is coming from VNUE attorney Mark R. Basile, Esq, a day after the news article about Power Up, meaning it’s highly likely that this is specially a win for VNUE.
Amazing news for many OTC companies. After 11 lower court decisions going against us, the New York Court of Appeals agreed with us that 1) the fixed rate discount that most toxic convertible notes charge IS interest subject to NY’s usury laws, but also 2) that a violation of NY York’s criminal usury statute VOIDS the transaction. We will post the courts 6-1 decision in our favor shortly.
Any OTC company with toxic loans from NY based lenders should contact the firm to see what they can do to cancel those transactions.
https://twitter.com/mick27067790/status/1449086456673316866?s=21