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My holdings still the same btw
The time is almost at hand. It's been one heck of a journey. One that has taught "us" patience, trusting in our DD, faith in the path we chose, and among all things that great things don't happen overnight. Stay blessed y'all, and may each and every dedicated person on here reap the fruits of this journey. Special Shout out to SeniorGolfer. Would have given up long before if not for him. Probably my last post, but I'll definitely be lurking one here.
That wouldn’t make any sense. Per the paperwork, this particular shell comes with a couple millions in Net Operating loss, part of which can be booked within each tax year. Say they can book $1M of the losses in their 2022 Tax filings if they finalize the merger this year (it will be recorded as a 2021 transaction), you want to imply they’d bypass that benefit and complete merger in 2022? Yeah…not buying that. Sorry.
ONLY transactions that take place within CY 2021 will be booked in the filed taxes for next year. GQC/AVVH has a NOL carry forward of which a portion of tax benefit can be booked as early as next year! We are in 4Q already. They are definitely fighting to complete merger ASAP, that's for sure. The worst case scenario we wait 10 weeks TOPS (till end of year). My fair knowledge of mergers and acq tells me we wait 2 weeks tops (end of month). JMO
Great question and concern.
I personally, IMO, is that GQC is now taking over the reins with that tweet and that makes me feel good to begin to move additional funds here. We’ve waited long enough, there will be no point for a tweet/silence if end is not in sight. Again, my thoughts.
Stay blessed.
.............The dots.....
Connect the dots...GQC is going to be the new GQG. And it's happening sooner rather than later. I'm not here to give you DD. It's written all over the wall. Ask yourself simple reasonable questions and your answers will lead you there. Soon.
I've heard this so many times I can recite when sleeping. Can we just sticky it up there so he'll stop repeating this?
It's becoming really annoying...
This refers to a notice given when something (usually a defect) is cured/corrected
https://dictionary.thelaw.com/curative-action/
Just saw this on Twitter.
Any clues what it means?
$AVVH pic.twitter.com/mWltapiNXq
— Pamela (@JustPamela21) September 10, 2021
You're beating a dead horse my friend. We all hear ya.
Go $AVVH. The time should be near any moment from now.
Miggy Sanchez must have heard his name being mentioned lol.
Good!
Couldn't have said it any better
Last time I checked isn’t the MOST important part of any document the signee? Whoever’s signature at the end of a financial statement or document is the person who’s held the most accountable in any legal proceedings, and the preparer is in the back of the room? Come on, I’m an Actuary…don’t play me.
I’m done here. Miguel signed, Jean Paul signed.
Goodnight.
That's the million dollar question
To be honest this whole Cooley bashing is enough. He has messed up in the past and been part of scams. He's within the confines of a no nonsense Miguel at this point and I doubt he'll make any wrong moves or do anything stupid lest the credible team around him exposes him.
Cooley knows quite a bit about the otc even though he didn't put his experience to good use in the past. Let the man be, and let's see how this plays out. I doubt he'll try anything stupid. And IMO as he knows his way about the otc having him present some communication here and there might benefit us all at the end...who knows.
Again, all IMO!
I totally disagree with this. Usually how court matters like this work is that communication is sent out to all parties involved, and they are giving a deadline by which to contest the motion or else everything proceeds as documented and the motion is ruled in favor of the plaintiff.
Watch what happened with AllPennyStocks for example. They contested/fought prior to that deadline of July 15th.
That being said, if it were to be contested they would have passed the motion to cancel all shares excluding the ones being contested while they still dig into it. By the court docs, it shows the motion was indeed passed to reflect cancelation of all the 944M shares, hence I sincerely disagree the holdup is as a result of the family of the deceased fighting that.
Thanks!!
Tbh, some of the old time users like SeniorGolfer, Frodo, StockGambit (who likes to play devils advocate sometimes lol), really do well in calming the stormy waters so thanks a lot! GL and happy thursday to y'all.
I'm just exasperated at this point together with everyone else...
I was thinking well since the court decision was on 7/15, and the first set of cancellations took place on 7/28 evening, technically they were able to have a quick turnaround to cancel the first set within 2weeks.
Hence with that logic after running into issues with the death cert and wording of court docs, another 2week turnaround will have put us as having an update last night. So yeah, I don't even know anymore.
Caveat is, unless the process takes more than 2weeks in which case they must have started requesting death cert way before court decision- which would be impractical since they'll need the court decision to access the deceased person's death cert.
Just my theory.
Still long with my 2.5M shares, I'm just burnt out at this point.
Agree. At least we confirmed John Farley is indeed dead so the whole death certificate thing isn’t gaslighting. Now all we do is just wait patiently.
In the guestbook, the first condolences is written by Lorie Farley/ Lorie Campbell Farley, his wife.
https://www.middletonfuneralhome.com/guestbook/john-jack-farley
Seems so far everything is checking out. Hopefully things line up soon and we start to reap some benefits in this investment. Stay safe. GL
Obituary of John Stewart Farley, aged 77 as another user mentioned earlier:
https://www.middletonfuneralhome.com/obituary/john-jack-farley
Lorie Campbell Farley is also mentioned in the obituary.
Thanks!!
Also a few friends & family have 2M total.
You can add to mine and just make that 4.25M total
This whole certified death cert conversation started on a rumor. The individual was just suggesting that was what probably happened. No one knows IF that is what the issue is. JMO.
Currently at 2.25M now
Morning AVVH'ers!!!
Agreed. Patience....
Goooooood morning AVVH'ers
Why would you release significant, material PR to 2B shares, if you could release it to 1B shares? Creating even more value for those shareholders?
Ah okay got it! Makes sense. The remaining points do hold though about the anticipated impact of the cancellation and how that interacts with SP, and shareholder value etc
For learning purposes I decided to do a little digging into "WHY" GQC is so particular on canceling those fraudulent shares. In actuality, they could have gone the route of appropriating/seizing those shares through a court order and then selling them on the open market (without as even knowing about it). Which obviously would have made them even more money if they were up to some sketchy moves.
I found this link which explains in lay man terms
https://qr.ae/pGbKSO
1. The SP is low enough at a point that Miguel and co. firmly believe it's obviously way undervalued, and canceling it isn't worth any loss whatsoever or even if it is, it's peanuts basically compared to where they see the sp going in upcoming months.
2. The canceling of the shares immediately make the OS way more valuable.
a. Each Shareholders percentage in the company automatically increases.
I for instance own 2M shares. That before cancellation is 0.1% of
the company, and after cancelation is 0.2% of the company!!
b. Secondly, once the company begins to go north, the value each
shareholder holds in the company is significantly magnified and
valuable.
3. As such, it is VERY PRUDENT that any information, news, or actions that will subsequently increase the SP is made and announced AFTER this happens. This is Math 101. Doesn't even have to do with Court order, legislation, bureaucracy or anything. Any IR team or group, finance person, math teacher can support this argument. It is senseless whatsoever to release catalysts prior to the share cancelation step being done.
4. Finally, the most important thing here that is completely speculation on my part is that with the value created by canceling this shares is split across even fewer shares and shareholders. To summarize, this cumulative impact makes uplisting to the OTCQB/OTCQX way easier.
In summary, I HOPE we never hear a single news till this step is completed or else we are just being selfish, and shooting ourselves in the foot. Be wise, and smart. Why should an impact/catalyst of say 50% be shared across 2B shares, if it can be spread across 1B shares?
Patience to you all, and honestly in hindsight someday soon all of this will make so much sense.
GL!!
Refreshing to see the reductions beginning to show gradually.
Yeah good point. I suppose there's no 100% right way to carry out these things. One thing I'd say though is I'm glad they approved the share cancellation.
Just gotta play the patience and waiting game now.
IMO it would have been nice if the ~1B share cancellation was actually not disclosed by Krisa, and ended up being one of the first PRs by GQC.
Had 1.3M on orevious count, now up to 2M.
I have a quick question, so with the 944M cancelled shares that comes out of the OS, will the restricted OS which is currently about 331M remain same, and the unrestricted is what will reduce accordingly or how does that work?
My thinking is that the 944M directly impacts the unrestricted which results in an Unrestricted of about 600M after all is said and done?
Thanks!
I've come to the conclusion that OTC is filled with so many retards.
1. We are almost exactly where we were back in April- before rumor of merger, and 1B share cancellation.
2. aka, we're saying the MC of this stock post share cancellation is ~27M. Lower than FBCD and a whole lot of others- I could go on forever.
3. Man, when this thing runs (not IF, when), it will run like a fighter jet on steroids and I'll be here smiling.
I just wonder if at some point people begin to use common sense at least when trading/investing? Like this even can't be argued. But whatever the case may be, the initial run of this will most likely be filled with so much MOMO and FOMO it would be hard to catch. It already trades thin anyway.
GQC is quiet for a reason not known to us. But whatever that reason is, I'm confident they'll come out with a PR sooner than later. I'll still be here however long it takes. GLTA
We here have all had the chance for several weeks to load as much as we can in this stock. We were handed the future on a silver platter. Some were filled with doubts this past week, others did all they could to load as much as they can- I was one of those people. Looking back two-three months from now, the only regret I want to have is that I still didn’t load as much as I could. It’s a great time to be here.GLTA, cheers to new beginnings with $AVVH
I have 1.3
Buddy of mine 1.4
Total friends and family in our group chat ~3M
In all we hold 5.7M
Thanks!