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Lexington, KY (June 1, 2023) – Experiential Squared (E2), parent company to the popular global racehorse ownership platform, MyRacehorse, today announced a $7 million funding round. The funding round is comprised of several investors led by 1/ST, North America’s dominant Thoroughbred racing and gaming company, through its 1/ST RACING & GAMING and 1/ST TECHNOLOGY business divisions. 1/ST RACING & GAMING operates many of the premier racetracks in the United States including Santa Anita Park, Gulfstream Park, Laurel Park, Golden Gate Fields and Pimlico Race Course. 1/ST TECHNOLOGY is horse racing’s largest technology company with a portfolio of products and services encompassing 1/ST BET, Xpressbet and AmTote International, world leaders in pari-mutuel and ADW technologies.
https://myracehorse.com/global-horse-racing-ownership-platform-myracehorse-secures-7m-for-expansion
Since FORW people on this board track the CEO's horse racing, is there value in a horse startup merging with FORW? Speculating of course but worth a thought.
Amazing moves in SPY last few months.
Anyone seen THE Dow 4000 around?
Do you understand??
Appears duo has the obvious agenda for WNFT. No point replying or arguing. No one can really impact share price right now. Got to hurry up and wait for the events to happen this year. Might be Feb to April next year after 3 rounds of letters and decisions.
Yup confirmed. The fact that you took the time to respond to this while on vacation shows that you know your case is shaky and on borrowed time. Only you can read the SC's carefully worded letter as being in Calasse's favor. The SC will deal a decisive blow and make sure another Calousee situation doesn't happen in future on other custodianship. In the annals of the SC/OTC history, Calasse v. Sharp will be quoted for decades when future appeals from GOFF type scam CEOs come up demanding justice after share cancellation. This is an important case and you are by association (with the stock) important. Like many others of course. Unfortunately, the bad guys can't win the war and GS will land that victory. Perhaps in 2024 but that is ok.
Enjoy the rest of your vacation and sorry to disturb it some. How does that song go... no rest for the wicked lol.
Interesting observations by the Nevada supreme court.
"This court does not agree that a person or entity generally need not be served to become party. And even assuming the waiver of service of process can satisfy the requirement for service of process, appellant does not asset that such waiver occurred in this case."
Strike 1.
"This court concludes further briefing on these jurisdictional issues is warranted. Accordingly, in addition to the merits of this appeal, the parties shall discuss in their briefs whether a person or entity in a corporate custodianship action has standing to appeal where they were not formally served with process or named as a party. The parties must cite relevant caselaw, statutes, and court rules in their briefs."
Strike 2. Coming up next.
Is new evidence admissible during an appeal? Nope case was tossed in lower court because the zebra ate the receipt. It's got to be in the court transcripts.
Strike 3 coming up in several months. Yes, it will be several and it's ok.
Happy Memorial Day to those laughing at shareholders' misery. Read thrice and cringe. You're one strike away from case toss. Would we see some of these naysayer IDs again here after GS wins?
As long as it takes. Six to eight months? Sure, take your time coming up with more stories here and there. The SC is waiting for those silly stories and will shut this door eventually. Do not bet against GS in OTC matters! But investing is different from belief and each person makes their own choices.
Your repeated posts on this topic are saying nothing new.
The SEC form 10/12 was withdrawn in 2021 as the books could not be audited. Now GVSI is OTC pink through alternative reporting. That is all right.
Whether the 2019 FINRA issues/appeal to SEC surfaces again in future no one knows. That silly letter from old management is still being referenced every 3 months and being extended for something. The old management did a lot of bad things apparently, but it is unclear if their shares were sold on the open market or are yet to be canceled.
But keep in mind custodianship changes things and cleans up most skeletons. Whether the 2008 to 2014 period you reference will be kept aside in future corporate actions is to be seen. Not dismissing your repeated posts, but this is why OTC stocks are risky and not suitable for everyone.
If it is all clear, this thing goes to the moon like TS*P did. My bet is GS knows what he's doing here.
You need to learn more about horse racing.
A horse length, or simply length, is a unit of measurement for the length of a horse from nose to tail, approximately 8 feet (2.4 m).
6 lengths is 48 feet.
https://en.wikipedia.org/wiki/Horse_length
No GS didn't lie.
Not surprising. Still pending some share cancellations. 3 months guess. Then another split. 3 months guess. Then waiting for OTC to improve so good merger candidates show interest. Add usual delays. Might be some time mid 2024 as a guess. Flippers will keep flipping till then.
Yolo enough of the rubbing salt. 25 million shares were dumped today. Many of that likely just small retail investors.
Sad day for anyone that's been following custodianship plays since 2021. FORW canceling its warrants in WNFT was a sign that most missed. At this point no one knows for sure where the decision is headed. The calooser's deserves jack $hit but the SC is not going by the GOFF scam. Hopefully there will be a point in the fall where the two sides discuss the missing evidence. Caloooser presents exhibit A - lion that ate the receipt. If they come up with a story for that and ask the SC to consider the SEC filing as evidence? These Calooosers will come up with some case law or cite case where someone lost a receipt and relied on something else. Then they argue about why he didn't answer the SEC's letter. Calooser will respond with some other case law or cite a case about address being wrong. It's already sub-penny on day 1 of the news. But the cruk deserves jack $hit after all this. Spoiled the fortunes of hundreds or thousands of people by rejecting 30 million post split shares in settlement.
Greed is not good and this case should set a precedent. I do think this SC case will be cited in many other appeals in future. It's that important. We can hate on GS but at least he openly says there is no longer a merger candidate till this is behind us. Not everyone would agree but he's been honest. Follow his words alongside his corporate actions (e.g. canceling warrants) and you'll see what happened here. Few understand how this world works unfortunately. For those who lost big just going by the hype, prayers for your becoming whole again.
Unbelievable how the court ruling has turned out. Not a legal expert but it does seem like the tide is turning in Caloose's favor at the moment. The worrying part is the court's subtle acceptance that custodianship proceedings are like trust proceedings. Caloose gets two chances to respond. Initial brief and a response to rebuttal. This could easily run into 2024 with little guarantee of any outcome. It's a painful weekend for GS fans. This gent has made so many a nice sum on his plays. He will do well in other ventures.
But how about GOFF fraudsters from 10 years ago?? They didn't care. Oh Nevada.
Court docket updated. Briefing reinstated. 60 days for appellant to file opening brief with case law examples. Then guessing a response from defendant as counter to argument. Then the court decides party or not.
Disappointing to say the least. At the speed at which this has gone so far, we might be looking at end of year for a final decision. The decision whether or not to allow an appeal. Everyone knows GOFF was a f'ing scam. This is crapshoot.
Thank you for the information. I’m glad you like it. FORW has an interesting case to change reporting tiers. Could happen some point.
There must be a reason they need two offices with a sub-lease on one. The one by the river! Not too much else is public knowledge except the real estate transactions listed in the filings.
Yep SEC reporting and recognition from OTC as pink current ;)
Now wouldn’t that be nice..
Wait for SEC pink on FORW and let’s see if you’re still dreaming up horse poop! Chances are you might buy some stock lol.
If I told you FORW could be the next TS*P and has that kind of potential…
.. would ya still be talkin horses and $hit?
Keep in mind I said TS*P and not HM*L cos GS doesn’t run the merger after it’s done.
Just as I thought. Don’t take it personally. It was just an observation about the court case filings and citations.
The response to motion to dismiss relies on selective quotes from a case from 1942. Yes 1942!!!
Garaventa Land & Livestock Co. v. Second Judicial Dist. Court, 61 Nev. 350, 354, 128 P.2d 266, 267-68 (1942).
Quiet you two! LOL
PB, I love the share structure. The lack of communication is what worried me but the recent filing shows they’re very formal. No meaningless tweets and no bs. The only thing to go off on is why do they need two offices? And who is part of the second office sub leased to? Does that have anything to do with the consultant. This is the most detail they’ve provided in filings so I am definitely getting more interested.
This stock is SEC reporting and pink current. Wrong board?
Good article!
lol
Very interesting set of transactions in the recent filing. One of the addresses seems to be for some kind of boat company from the yellow pages. Clearly they have some other plans for the facility and some sub leasing also going on. Not quite a trifecta fuzzy but something is definitely going to come up here this year. Why pay rent in two places? Maybe they’re planning entry into the cannabis business after all like the name suggests, and as many have speculated. Whatever it is, it’s moving very slowly and oh so quietly.
NOTE 10 - SUBSEQUENT EVENTS
In accordance with SFAS 165 (ASC 855), Subsequent Events, the Company has analyzed its operations subsequent to August 31, 2022, to the date these financial statements were issued, and has determined that it does not have any material subsequent events to disclose except the following:
In November 2022, the Company issued a convertible promissory note in the principal of $135,000 to the Company’s CEO for funds he has advanced the Company for expenses. The Note has a term of four years, the interest rate is 12% and the conversion price is $0.04 per share.
In November 2022, Okie LLC assigned its convertible notes to the following parties, respectively: Scott McAlister, $85,000; Clifford Koschnick, $30,000; and Clifford Koschnick, $20,000.
On January 11, 2023, the Company issued 3,600,000 restricted shares at $0.04 per share to a consultant for services. The value of the 3,600,000 shares issued is $144,000.
In February 2023, the Company signed a lease to rent the office at 10 Newman Street, Jacksonville, FL 32202, with 10 N Newnan LLC, a related party owned by our CEO. The lease commencement date is February 1, 2023 and the lease term is thirty-six months. Based on the criteria and according to ASC 842, the Right-of-Use (ROU) asset is $194,758, and the lease liability and lease commitment is also the same amount, respectively. The monthly base rental payment is $6,469, and the Company has the option to pay all or portion of the rent in shares of its common stock.
In February 2023, the Company signed a lease to rent the property at 2652 Blanding Blvd, Jacksonville, FL 32210, with 2600 Blanding Blvd., LLC, a related party Owned by our CEO. The lease commencement date is February 1, 2023 and the lease term is thirty-six months. Based on the criteria and according to ASC 842, the Right-of-Use (ROU) asset is $135,833, and the lease liability and lease commitment is also the same amount, respectively. The monthly base rental payment is $5,000 with incentives of free-rent for the first three months, and the Company has the option to pay all or portion of the rent in shares of its common stock.
In February 2023, the Company signed a sub-lease as the lessor to rent portion of the property at 2652 Blanding Blvd to a third party private company. The monthly rent is $2,500 which will bring the rental revenue of $30,000 annually. The term of the sub-lease is one year from February 2023 to January 2024.
Coming up on the two month anniversary of the response to the response to motion to dismiss. Also coming up on two months for the other case for breach of fiduciary duty.
The price dip is hard to see but we can’t blame anyone that left. Shouldn’t be too much longer until one of the cases gets an update. Keeps things moving.
Enjoy the peaceful board till then.
PB looking for islands to buy at this rate lol. Way to go!
Ahh the smell of a 10 bagger stock!!!!
Unfortunately the holder of restricted stock was a control person in the company. Almost 20% of the total shares outstanding at the time.
Former control person after cancellation. Not before. Notice the difference.
He might be possibly be liable for the max pain inflicted on unrestricted shareholders ten years after disappearing. And for rejecting millions of dollars in settlement for the supposed “$25,000” investment and non-performance of CEO duties. And for bringing the reverse merger process to standstill.
How many small time shareholders have stomach acid for his actions a year ago.
Google university doesn’t teach one to apply their mind.
Former control person with 50 million restricted shares that hides in a place with no internet. Ring a bell?
That’s who caused unrestricted shareholders max pain.
Are you saying a wise and experienced NV judge asked a custodian if scam share cancellation would cause “legal” issues?
Is this on an official court transcript? Prove it.
Sounds like a made up story. Gosh.. the lies here.
Worse if it’s a lie that’s almost a contempt of the good offices of the judge. Quite disgusting mar cess.
Nonsense. Nice try to flip Yolo. Sorry to make it scary but there are implications for Caloose and the GOFF scamsters. And the supporting ecosystem.
The court appointed custodian did everything right by shareholders.
Even offered a generous settlement worth multi millions to scammy Caloose. But it was rejected perhaps due to bad advice from someone?
Now Caloose is the one who caused all this pain to shareholders. Added ZERO value to GOFF. And possibly thwarted a reverse merger by getting greedy.
Keep in mind that is a former CEO of scam ridden GOFF. A control person.
Bet Google University didn’t teach about common shareholder rights. Are you going to sing the statute of limitations song now? This Caloose episode was one year ago. Rigggghttt.
Hundreds of Telegram bros will join you. Heck common shareholders were hurt due to Calooser’s antics.
Common shareholders lost 80% of the value of the equity in a matter of days. All due to one individual who was himself wanted by the SEC for questioning in the past. Perhaps a network was supporting this GOFF scam and then thwarted a reverse merger by a custodian?
And common shareholders who lost their equity value have no rights to Justice? Rightttt. Discovery on that would be epic if it happens.
LOL yes. I hope GS takes action for the nuisance this guy has been after all this is taken care of. How many of the shareholders lost out on big gains due to Calooser actions? What if we lost a reverse merger candidate because of this looser Calooser’s sham appeals? I’m thinking a fourth common shareholder suit but not saying anything now. The company will take legal steps to end this nuisance the right way.
And keep in mind both the UK and Zimbabwe have extradition treaties. So if the bills run in the hundreds of thousands (guess) it will give Calooser a chase wherever in the world he choose to hide. Perhaps even Ireland. Sorry to scare you but you chose to back loser Calooser. It could happen this year. Write all the warts writs you want but this was a costly mistake. To walk away from 30 million post split shares was a gigantic blunder. And who knows Calooser might take the advice and actually go after those who gave him wrong advice in the first place (to reject the settlement). Who would want to back up such a horse $hit? Go on, inflate your ego and defend your position. But you know you’re done on these cases with Google knowledge. Toasted and roasted arguments.
Sorry if that is a scary prospect. Consider this possibility. Calooose looses breach case. Calooser then loooses SC appeals case with the strength of the breach case result against him. Couldn’t a third suit be filed to recover all reasonable costs incurred by a public company against a nuisance former scam company CEO of GOFF? Speculating here but it must be painful to support scammy Calloooser. Glory to Golden Glory.
Caloose lost and couldn’t win an argument. Twice in two appearances. Let that sink in. WNFT.
Everyone is fixated on 1. Supreme Court appeals response 2. Stock price. Butttt even more important is
3. GOFF Breach of fiduciary duty case
If Caloose looooses this nothing else will matter. Google university alumni should know better than pick up random cases and post here.
If Calooose lost would he be liable for all reasonable fees incurred in fighting all these sham appeals and stuff? Gee that must be in the hundreds of thousands by this point.
It’s not a big IF. It’s a little if and matter of time IMHO. Too much nonsense for a year.
And so we’re clear, everyone is responsible for their own investments. But..
In George We Trust.
WNFT as long as it takes.
Great post. But don’t tell anyone.