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Late action, finally got some volume.
Not a bad day, or week.
But it is still a waiting game.
I speak TrendTrade, so I will translate for you, his answers, since he was involved in a hit and run post (on this board, and I am a witness, he was definitely at fault) and is apparently unable to answer for himself...
Q: What proof ya got there’s no merger?
A: I KNOW JACKS*+#! ABOUT SPOM.
I JUST LIKE TO POST NEGATIVE CRAP ON EVERY BOARD ON IHUB, AS MANY AS POSSIBLE, LIKE A HOBO GOING FROM TRAIN TO TRAIN EACH TRADING DAY ON THE MBTA'S ORANGE LINE.
Q: Are you guessing, or just spreading misinformation you have no clue about?
A: F*** YEAH, AND F###! YES.
THIS IS WHAT I DO. I JUST WISH I COULD TYPE LOUDER SOMEHOW.Â
I AM IHUB's VIOLENT VOLUME VAGRANT.
Nine million? wow, You are Dr. SPOM!
yeah, the "float" seems like such a difficult thing to measure accurately. I'm surprised they even list a number.
Welcome. I hope we all get rich. Nice to "see" new posters here and inject some more life to the board.
But at this point, SPOM is still a bit of a calculated (albeit likely profitable) stab in the dark in an otherwise, overall, crappy market.
Looking at the 9/17 share update, anyone else encouraged by the 8.5M "float"?
Seems attractively low to me.
They do need to ensure at the outset that the new ownership possesses a higher total number of shares than the number of shares already out in the market, in order to be able to claim a controlling, voting majority to make any future corporate decisions as a newly public entity, do they not?
Raising the share total to accommodate the new ownership makes sense.
Expecting or assuming the new ownership will immediately dump those shares and thus destroy the share value of their newly public company by driving it down into the trips makes no sense.
I think the biggest fear in investing just about blindly in SPOM to date, logically, has been that no reverse merger will happen at all.
That possibility, that it will fall through, doesn't get fully alleviated until we see it actually happen of course.
But to get panicked by seeing the company take the methodical and necessary share structure steps to follow through on the merger and make it a reality seems very illogical trading to me.
So I'm still in.
I am not saying never. I am saying there is no guarantee it will happen within my, or other (especially older, and infirmer) investors lifetimes.
Know also that whatever merging entity it is that Sharp is suggesting he has lined up, for whenever the Calasse quagmire is finally behind him, it is likely nothing close to the profitable virtual assets gaming company that WAX was at the height of the NFT craze when Calasse emerged from the shadows.
Lucky,
I had this very same thought, as I'm sure did a lot of us on the GS chat boards. Only Mr. I'm Too Good For All of You would never make himself available to answer the question, why not?
"... think WAX CEO QUIGS would of said hey GS what about SRN^ W INSTEAD OF WNFT ITS A CLEAN REPORTING SHELL ????"
# # #
I'm a spom yapper, per usual these days only to amuse myself, no delusion that anyone is reading my posts or being influenced by them. It's the equivalent in this market to singing alone in the shower and enjoying the echo.
I will look at the other tickers you mentioned.
We've been spoiled with winners for a good 20 years in New England. and then some. Like other guys in their 60s here, we recognize that we have already seen the best there will ever be in hockey (Orr) basketball (The Cs of the 60s and 70s, but especially the Bird era)
TB12 in football and the Big Papi Red Sox of 04, 07, 13 and the bonus of 18. No "dying wish" left to be granted there.
Uptick in volume today. hmm...
Anyone see news of some sort?
You deserved a lot more luck, LL. Your posts were the most spot on, tell like it is that I ever read on ihub. I'm sure still are.
I'm here a whole lot less these days, since the SEC did whatever they did with imposing restrictions to kill off the fun, Wild Wild West trading hay days of the OTC, and GOFF/WNFT tanked.
How I wish I'd sold 95 percent on July 1 (what a smart move, btw). I dumped all of it at 6 cents ( which was.18 pre-split, and. glad to get that, after having bought in at .07 thirteen months earlier), seeing the writing on the wall that the, "it takes as long as it takes" guy, and the Buffalo dumb stablehand were going to be fighting over shares of a now worthless, renamed for nothing, shell, ad infinitum.
Yes, I'm in that other Longshot play with you now. How funny would it be, in the age of A.I., if zillion year old rocks make us rich?
Exactly.
Usually, when people talk about "the date from hell" they're referring to a person.
For me, it's 7/8/22
You must have misread the post.
I was hard rock pumping.
The softness must be a you problem.
They do have pills for that now, by the way.
Good catch on Tyrus. I'm Bmusted.
It is a good bet that Sinai Marble and Stone is the company that will soon be announced as reverse merging into SPOM.
There appears to be the start of a trend of natural stone companies, usually privately and family owned, venturing into the Public sector.
What better time, really, with the OTC in the absolute doldrums -- hitting "rock bottom" this year and last -- leaving investors AND traders beyond hungry for a "rock solid" company with high growth potential to get excited about?
Given the known facts to date, SPOM is a marbleous stock pick at .0026.
I'll take SPOM for a 4X run to a penny next week, Alex. Especially if the merger news gets cemented.
# # #
In researching SPOM and Sinai I found SPOM was indeed registered as a Delaware outfit like many OTC tickers and Sinai chose to use their Orlando warehouse address because they could legally do so, and to make the merger ID less obvious than if they went with Pompano.
## #
Salary. com / research:
Sinai Marble & Stone Inc Salary for President BETA
Avg. Base Salary (USD)
$669,210 /year
What is the average salary for a President at Sinai Marble & Stone Inc in the United States?
Based on our data, it appears that the optimal compensation range for a President at Sinai Marble & Stone Inc is between $512,061 and $843,429, with an average salary of $669,210. Salaries can vary widely depending on the region, the department and many other important factors such as the employee’s level of education, certifications and additional skills.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
View Salary forChief Executive Officer
View Salary forSinai Marble & Stone Inc
Low $512,061
Average $669,210
High $843,429
Report this Job
Sinai Marble & Stone Inc Overview
Website:
sinaimarbleandstone.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Retail & Wholesale
SINAI MARBLE & STONE is a leading importer of natural stone, specializing in Marble, Limestone, Travertine and Paver. Our products, which are warehoused in Deerfield Beach, Florida and Orlando, Florida include all the popular types, finishes, and sizes for tiles. In addition, we carry a full range of accessories including mosaics, medallions, pool copings and moldings. We stand behind our products and assure that they meet the quality and specifications requested by each customer. Our staff works hard to make sure that every order is efficiently filled at the country of origin. We carefully monitor each order from the moment it is placed to the moment the material is received, while making sure that the customer is completely satisfied. The SMS Total Quality Control Program assures us, as well as our customers, of the high level of service, quality, and cost-effective business practices that are available. We recognize, understand, and deliver based on our customer's needs - not market conditions. We are confident in our expertise of operations and look forward to doing business with clients who value quality and professional service. To learn more about doing business with Sinai Marble & Stone, or if you have any questions or need of further information please feel free to contact us.
# # #
Sinai Marble and Stone was founded by Mark Alzein as a natural stones wholesale and distribution company, located in South Florida. Over time the company launched many high-quality products with very competitive prices on the market. Also, SMS is able to produce and deliver special orders, cut to size tiles, pavers and architectural elements. SMS has two skillful in-house architects on the USA team to better serve customers. In 2019 SMS opened its new headquarters (showroom and warehouse distribution) in Pompano Beach, FL. Today with more than 20 years of experience and collaboration with the most qualified personnel SINAI MARBLE AND STONE is a leader import and export marble, travertine, limestone, cut to size material and architectural elements all over the world. Open to the Public!
# # #
Last November, Marble System makes world news by going public on the Turkish exchange...
"This monumental step makes Marble Systems the first natural stone company in the world to go public, a phenomenal achievement in an industry often characterized by family-owned and privately held businesses.Nov 30, 2023
# # #
FAIRFAX, Va., Nov. 29, 2023 /PRNewswire-PRWeb/ -- Marble Systems, a global leader in natural stone manufacturing and distribution, is thrilled to announce its Initial Public Offering (IPO) on the Borsa Istanbul Exchange (Ticker: Marbl), marking a historic moment as the first natural stone tile and mosaic manufacturer in the world to go public. This landmark event underscores Marble Systems' commitment to innovation and leadership in the natural stone industry.
With a legacy of excellence spanning over three decades, Marble Systems has consistently set the standard for quality and sustainability in natural stone production. The company's diverse portfolio includes some of the world's most exquisite marble, granite, and other natural stone products, sourced responsibly from quarries across the globe.
Our decision to go public is a testament to our growth, the dedication of our team, and our unwavering commitment to the industry.
Post this
"Our decision to go public is a testament to our growth, the dedication of our team, and our unwavering commitment to the industry," said Munir Turunc, CEO of Marble Systems. "This IPO not only marks a significant milestone for our company, but also for the natural stone industry as a whole. We are proud to pave the way for more sustainable and innovative practices in the sector."
The IPO on the Borsa Exchange enhances Marble Systems' global reach, enabling further expansion, investment in cutting-edge technology, and advancement in sustainable practices. It also allows investors to be a part of a pioneering company that is reshaping the natural stone industry.
Investors can look forward to being part of a company that values craftsmanship, innovation, and sustainability. "As we embark on this new journey, we remain committed to delivering the highest quality natural stone products while upholding our responsibility towards the environment and our communities," added Turunc.
For more information about Marble Systems' IPO and future endeavors, please contact:
Brooke Greenwald
Cornerstone Communications, LTD
brooke@cornerstonepr.net
(240) 370-7036
## #
Turkish exchange? Congrats.
But how about taking a natural stone company for a run on the ROCK star of exchanges instead --
the OTC in the U.S. of A.
Yeah baby!!
Print up them
"Rock, Tuah!
SINAI Marble Co." TShirts now!!
(Cant wait til IGloat gets a look at THIS post LOL)
Beware, Jedi Skywalker, the Schadenfreude is especially strong with this one.
... that has you mesmerized, 24/7.
"No real company would ever use WNFT in a reverse merger to go public, not after WAX backed out. Because of the mess of the Calasse shares and Calasse court case. That merger WAS about to happen -- Sharp quoting Quigley word for word about NFTs, the NFT hype at its peak, ticker change to match the "Worldwide" name -- before Calasse emerged from the shadows, per the advice of some sleazy lawyer stateside who tracked him down over the phone long distance.
To throw a killer wrench in the works.
And dammit, thank God he did that, or else I would NEVER have heard the end of it, how great George Sharp was to deliver such a huge merger score to his GOFF/WNFT investors at that time.
Man o man, did Warwick Calasse, save my ultra smug George Sharp is 100 percent evil and bad, and I am 100 percent never wrong, ass!!"
There. Fixed it for you, IGloat.
True that. I viewed the upped AS amount as further proof that a legit merger is in the offing for the reasons you stated.
Also, I believe the authorized share total needs to allow for the incoming CEO and/or management to gain a controlling majority of the share total.
Consider: IF the float or total shares amounts were left as is, and if they are mostly locked up in speculative investors' hands, then without newly authorized shares there would be no way to ensure the incoming company is granted voting control of the new public entity.
No specific predictions have been made here, I Doom and I Gloom, Whinefest.
Get your reading comprehension up to speed.
We are in monitor /watch mode. Hopefully that ANY sort of consummated merger MAY boost the price as high as five cents.
You are still sore over the fact that ONLY Warwick Calasse's legal intervention in 2022 saved you from an all-time, OTC George Sharp, Tyrus et. al ass-kicking for the ages on GOFF/ WNFT, just before the merger with WAX, the Worldwide NFT Network was about to be consummated.
It was a "lucky" break for you, nihilistic Sharp hater that you remain, and a terrible break for good honest positive investors who represent the reasons why we have a market to trade in in the first place.
They say the economy is cyclical, and stocks are cyclical, but for the OTC, I have my doubts whether it'll ever re-attain the level of craziness that it was once at. Not too long ago.
A green day is always good, but three years ago, say? Yeesh, look out above.
In this market, trepidation is the rule. But this is a definite speculative BUY here, anywhere under a half-cent.
As I mentioned to you on the other app, and to repeat for anyone newly reading it here, 5 cents is realistic run for thus stock short term.
In THIS market, any 20X play would be the rarest anomaly
Very nice work. So the "marble counter tops" company is actually THIS company?
If so, they could potentially put any one of their 40 or so private firms they'd want to into the SPOM ticker, no?
This is looking a whole lot better than it did a week ago.
## #
Sun Capital Partners, Inc. is a global private equity firm focused on partnering with outstanding management teams to accelerate value creation. Since 1995, Sun Capital has invested in more than 540 companies worldwide
with revenues in excess of $50 billion across a broad range of industries and transaction structures. The Firm has built a reputation as a trusted partner, recognized for its operational experience. Sun Capital focuses on defensible businesses in growing markets
with tangible performance improvement opportunities in the Services, Industrials & Distribution, and Food & Consumer sectors. The Firm has offices in Boca Raton, Los Angeles and New York, and an affiliate with offices in London.
www.suncappart.com.
Accelerating Value Creation.
Since 1995, Sun Capital has invested in more than 540 companies worldwide with revenues in excess of $50 billion. Our current portfolio of ~40 companies operates in a diverse range of industry sectors and employs around ~28,000 people around the world.
Thanks for posting that. It appears it's officially a Florida company now, as of Aug. 2nd.
Now, they need to specify what it is.
I'm sure a lot of you probably found as indid that address comes up as Allure Marble and Granite, nationwide distributor of same, and subsidiary of Architectural Surfaces.
A lot of mystery to it, but still seems promising.
Apology to Dr. Mantis, that was Mack who said "if it is what I think it is.."
Never claimed any scoop that could be spilled.
I do see the reference of a merger into specifically "a Florida company" as a positive development, indicative of a merger that will likely happen in a matter of months once the paperwork is processed.
Very different / big step past being a shell being peddled nationwide with no takers.
This thread is in reference to your "if the company is what I think it is" comment.
So, it begged the question, what do you it is, and why?
Praying that Dr. Mantis spills it...
And, you all saw what I did there.
Good work, CaptBly! Keep diggin!
If you sell here, you definitely drank a six-pack of meth.
Or smoked some really potent edibles.
People are sticking around here, checking for updates.
Why?
Because the moment the ownership or management of this ticker finally breathes even a word about the merging company, this is likely to easily 10X or more.
And very quickly.
So those selling here must be giving up on ever hearing another word from the company again.
Honestly, the thought has crossed my mind too.
As in, what if... they just walk away from the symbol -- The End?
Didn't they drain all the resources out already? And yet they did the work to get pink current.
For the record, I'm still in.
"Sometimes ya just gotta say, W. T. F." -RiskyBusiness
Intriguing thought... makes sense. Perhaps there will be some sort of telltale significant volume spike soon.
Talk about a delayed effect. But once more investors fully absorb the news... How big is the leukemia prescribed drug treatment market? Sky high run still possible.
The frequent postings of positive news developments put forth by SealSQ shows the company is not shy about communicating.
The trepidation reflected in the sideways- to-reddish share price movement lately has been due to the absence any dollar figures in these news releases.
So, yes, please bring on some numbers soon!
Side note to Ant: i dropped my full membership in iHub for a bit and though i can still read PMs im blocked from responding. Appreciate the note, please forgive the lack of response.
Never seen the likes of the after hours and premarket volume and trading craziness that we have seen in 2024.
Just last week the market drove PBM a company with not a great corporate profile over $10 and a market cap that went from $15M to over $100M literally overnight.
It could be time for LAES to surge crazily in the Premarket tomorrow you never know in this 2024 atmosphere.
If the company were to put out a news release on actually adding revenues viava new contract with a semiconductor buyer it would be a guaranteed new share price high.
7 Under-$10 Stocks That Will Be Worth $100 (or More!) by 2026
Don't miss the boat on these under-$10 stocks possibly worth $100 by 2026
By Omor Ibne Ehsan
https://investorplace.com/2024/03/7-under-10-stocks-that-will-be-worth-100-or-more-by-2026/
(LAES is one of the seven tickers ID'd in this article. Here's what Ehsan wrote about SEALsq:)
"Sealsq (NASDAQ:LAES) is a cybersecurity and AI firm operating in red-hot sectors where valuations have exploded. With many cybersecurity and semiconductor stocks trading at 10 to 20x sales or higher, penny stock LAES could deliver outsized returns once discovered by Wall Street. Already up 63% in 2024, further upside could be in store. At just 1x forward sales, LAES looks significantly undervalued compared to peers.
With exposure to quantum computing and the Internet of Things, LAES participates in several potential mega-trends. While the recent launch of its own cryptocurrency Sealcoin seems an unnecessary distraction, I generally applaud companies pivoting to chase new opportunities. After all, shareholders stand to benefit from management’s hunger for growth. It may no longer be one of the under-$10 stocks in a few quarters if the stars align."
You must be a nervous daytrader.. Can get the CERO chart instantly anytime from five different sites of course. But you do you.
"Watch the price." Deal.
People are buying this stock because of the company, its principals and what they the producing.
They are only selling because of FUDster fear on a chart.
Long term that is a bullish trend. So... watch the price? Of course. What other choice do we have.
Let's talk about true "ignorance."
Here it is: "I know nothing about this company, its financials, its principal scientists and executives, or about the specific lab work that went into determining that CER-1236 and how it effectively targeted and killed 83 percent of leukemia/bone marrow cancer, ovarian cancer, and lung cancer cells in human tissue samples.
"But because a few FUDster day traders decided to bail at the last minute during after hours trading on a Friday I declare the company is trash and the cancer killing drug is a fantasy. Thank you Friday FUDsters for providing me the ONLY indicator I go by in determining if a stock is 'trash' because i have the mindset of a petulant and whiny child."
There's the TRULY ignorant way of thinking right there.
That's what i thought.
Slave to charting FUD. No real analysis.
WTF do you know? You have done zero reading or research on the principals of this company. That is obvious.
Nihilistic spouting, typical generic and oh so tired. That is all that is offered in your "analysis."
I erred on the market cap there... Schwab puts it at about $50M. Sorry about that. But the billion dollar potential is real.