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Only Zhang would know this. We see yield sign up. So they are delinquent. I assume they could file imo
Why would Zhang file current then not file and let it go delinquent?
I'll be slapping 6s all day. Will give my left nut for some 5s
I'll stick around for the next pump
shells and most otc companies are in the "business" of becoming a new business
Why would SB go to the trouble of becoming ceo of it? They have absolutely nothing in the shell besides a few films most likely. You are thinking he would become ceo of another company? Thats a stretch
Yup. Thats what SB eluded to but couldn't say it outright for obvious reasons. I will be buying some in the morning hoping SB announces the NFT move there. My guess is he will slowly move more assets there if hpilHoldings can't get current or buy back doesnt go to plan
Did he say this? What happened to the ~7 investors who were buying back shares
Feel like I've been scammed. No auction and no update by company. Something a sketchy stinky would do. This is unacceptable
Less than 18 hours before the first NFT auction starts and item is not up for preview nor is registration. This appears to be a joke. I saved some funds to buy the sell-off tomorrow or do longs not care about the nft division
This auction doesn't look like its happening Tuesday. If it does, how can there be a 1 day preview with no marketing
Yea I've been trading in otc for 2 years and not a day goes by where I tell myself to stop and just use my funds to start my own legit company or just let them slowly stir in big boards. The gamble and explosive gains is why I am in it. Gained more than lost but at the end of the day it is indeed the wild west out here
I wanna go all-in but will wait to see how nft auction goes, current status, and buy back. If I'm satisfied then it will be worth the wait for apogee news. If not, I'm not going all in. Simple
"Shares won't be removed from OS?" Doesn't that defeat purpose of buyback?. If its just the AS. It wouldn't matter anyway, right?
Just speculation, but it could be the open market part that isn't right. Maybe it will be off market and shares retired in some way where they get converted into incentive plans for the investors. Once again that is my opinion and only speculation. Not sure how it will all pan out, but I have my faith in SB, and like how progressive the company is
Not what I'm thinking. Its more like the investors are taking the bulk of the risk now with dividends and incentives to be paid out in future
I think SB is waiting for the stop sign removal before a big announcement. If that happens tomorrow then most likely Monday. There is just too many things to be excited about for monday and Tuesday
Investors as stated in conference call. They will have incentives to buy in. Just not sure what they will be until announced
Published 2015?
Wonder if David Postula got the hookup for semiconductors and other parts for apogee since he was VP for Tower. Or has contacts with ansys or other car makers.
Thursday's OTC update and HPIL not on it. Maybe Friday
Even the naughtiest are getting gifts this Xmas.
Yes. Thats big. Validation of things moving along since it's on the OTCs own site
Official close on merger and pr Thursday or Friday?
My guess is he would have told us that on the call. By saying he thinks 70-75% of the notes were already out in the market I assumed he would let the rest go out, but you never know. He would have to buy back those notes on the holders terms instead of his so it prolly won't be worthwhile
I was hoping that the rest of the notes would be converted today or tomorrow so I can get more cheapies. Maybe some were. But I'm ready for anything tomorrow
Thats where SB's connections come into play since he's been in the biz for over 30 years. Not many OTC ceo's can claim that
He was asked how the buy back would work. Seemed like a straightforward response considering there are variables still yet to play out to determine size of buy back and price
He said he doesn't know what price only that it will be a "fair price based upon the market price" and that he might have a hard time buying back shares if price takes off by then, say .009, since noone would want to sell
If the NFTs sold for a million dollars each or $10 it can have a huge impact on the current share price
Pushing back catalysts is not manipulation. It just won't have an effect on sp
SB said Ansys will need to work on their software tech before they let HPIL do their side of the work, correct? Or did I mishear at the cc
He said the buyback price will be or will be close to the market price near the 16th. I think pps depends on how many new investors are willing to buy after they go current. Most old investors imo are not willing to buy at a premium now since NFTs are pushed back and SB himself said he is unsure where the hammer price of the NFTs will end up. Possibly $10k range or more, and what was the cost to acquire those NFT rights?
The NFT delay to the 17th (day after share buyback is announced) is most likely to get the share price lower in order for a more larger buy back..
So it is a double edged sword.. you want more shares being bought back but at the expense of current shareholders. I see more investors scooping up shares this week since it will be going current. Could be one of the most volatile weeks in HPIL history when you factor in the last of the notes can possibly be dumped this week as well
It's official. I'm changing my name to Hpil#7 if we can't change name to Cybernetic
Just took a starter today. Did that cnbc piece air already?
No doubt there could be additional documents and corrections that need to be made on all those filings. Just like the dmv office if its an easy transaction you can walk out of there in 20 min. If they have additional questions and clarifications you could spend days at the dmv sorting out title and registration on a car
OTC is inundated with filings. Companies trying to all go current before deadline. Of course they gonna be backlogged
Excluding all the past financial filings they need to catch up on the attorney letter 8k needs to get filed and you can tack on about a week after that to go current
If they using the new lawyers for the attorney letter to go current and 8k isn't out yet that means current won't be til end of next week at the earliest?