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CEO is dead. So who can legally reinstate the company ? Who has a POA here?? Someone has to go through court first to become legal custodian - then reinstate. The problem here - there is nothing pending in the court system on BCAP!
Re-instatement does not take 2 months. They did not pay the fees but got the "pending status" via Florida "loophole" - scammers were betting on a price pump to sell into.
BCAP is not a custodianship since there is no active court case. PRMO is a custodianship case with the entire process visible in the court system. Apples and oranges.
accumulation distribution line is falling suggesting shares are being distributed and not accumulated.
News from Florida....OTC scams are running wild there. +"Re-instatement loophole".
...civil lawsuit in which that man sought control of another inactive company based in Florida.
Miller and his alleged co-conspirators are accused of buying up millions of shares of these companies, often for less than a penny, then selling off those shares after pumping up the stock price with fraudulent claims.
https://www.cnbc.com/2021/06/30/shell-company-mark-miller-attorney-quits-new-world-gold-lawsuit.html?__source=sharebar|twitter&par=sharebar
The men from 2017 through 2019 allegedly used fake resignation letters to seize control of four shell companies and then used the Securities and Exchange Commission’s EDGAR public filing system and bogus press releases to fraudulently “pump up” their share prices by claiming new business opportunities, the indictment says.
Millions of shares of those stocks, which the defendants had bought in many cases for less than 1 cent per share, then were sold on the over-the-counter market by the men and others for profits of as much as 900%, according to the court filing.
https://www.cnbc.com/2021/06/18/men-charged-in-shell-company-stock-fraud-scheme-used-sec-filings.html
at this point im only holding a small lotto ticket just to keep track of it. I dont like the dilution. there are better opportunities elsewhere.
not paying reinstatement fees quickly is very suspicious. why the payment delay? the online florida corporations payment system is NOT back logged. Online payments are going through just fine. online payment takes no time at all. why would someone be so slow with payment considering OTCM june disclosure deadline and high risk of suspension?
something is fishy here.
whoever is doing this shady reinstatement - still have not paid the fees…. because once payment is cleared this should have been reinstated. you can pay fees online. i think they were hoping to offload more shares on folks buying into reinstatement news.
Huh? 87% of trades today were sells. Check the tape.
exactly my point. anyone done DD on debt notes? how many are outstanding? look at the accumulation/distribution line - looks like share conversion / dilution to me. of course i can be wrong so do your own due diligence!!!
Fake reinstatement by noteholders? What are the chances that they want to pump this on reinstatement news just to convert their notes? Just thinking outloud here.
why?
Until they raise O/S to 500M or 1B LOL
Stop with the BS and making up theories that make you feel good about yourself. In my opinion you would have to be pretty dumb to short a 0.000 stock!! LMAO Short something that has value greater than ZERO! This is literally 0.000X
Whoever applied for the re-instatement needs to get their act together. There is no reason why it should take over a month to re-instate. Pay money and get it done! Why the delay???
Baron funds is no TSNP. Baron funds manages $2B of other people's money. They dont even have a need to go public. Thats not how these firms operate. They are BIG money manager! There is no connection with defunct FLORIDA ticker besides name. Its like a local jewelry / pawn shop on the corner calling themsleves "World Gold and Diamond Exchange" LMAO
That said someone did file for re-reinstatement. And they have no idea what they are doing IMO! Because its been a month! Payment takes 2-3 days to process via website or a week to deposit check. What are they doing for >4weeks now with June deadline around the corner? Fixing mistakes is my guess. Re-instatements are quick when you do them right. This one here on the other hand.....LOL
Im just telling you the way it is. I do hold a lotto position here. But just because i have interest i am not going to BULLSHIT you like some other "FURU"s over here. USE YOUR HEAD!
What sh#t? What accident? What are you even talking about here? You dont really think that a $2B financial powerhouse wants to go public via scammy penny stock ticker....do you? LMAO
BARON CAPITAL (NY BASED COMPANY) HAS NOTHING TO DO WITH THIS DEFUNCT TICKER!!! LMAO Are you really this lazy to check IRS number and business / incorporation addresses to verify that?
the filing is for this company BRO!
https://www.baronfunds.com/contact-us
Its from completely different company. There are several "Baron Capital" 's out there.
Its been a month. Any thoughts?
10M shares in 3 days - Accumulation! She is getting locked up!!
4.2M shares traded. L2 is hilarious to watch!
3.9M traded....staircase action day to day ..15min VWAP... "Volume precedes price"
good point - if this has dead shares. has not been that long though. company established in 2016?
High Chance this is a target for a Reverse Merger broker.
Market cap includes both restricted and unrestricted stock. Currently market cap is around $3M and could easily go 10x to $30M.
George Sharp : "Joey, you owe me money! Where is my money Joey?!?" LMAO George going after Joey would be hilarious!
Highest Dollar volume traded in 4 years in this stock. Definitely a front load of some sort. Hopefully a legitimate one.
First close above penny in 2 years....Whats UP JOEY???
how exactly do you repackage “those tickers”?
google is your friend.
Propy processed >$400M in real estate transactions so far. Propy is legit and real. Look at the partners they have.
you are teasing me here, i may have to plan on getting 3 JOEY t-shirts with all those profits if that happens!!
huh? i came here on friday (06/04/21) when we traded 2.4M shares. It hit my volume scanner. Im stupid like that.
dont look at me. im only here only because of volume, just like the guy after me. If this is all we have - then i might have to give up my JOEY t-shirt dreams (x2) I had to become a moderator here BECAUSE JOEY!!! LMAO.
Any proof?
If it runs to $1 ill be able to afford a JOEY t-shirt .. or two!!! LoL