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Same here. Well, never had one like this. Other pinks just go away but this one SEEMS different in that Orie is trying to go public on a sub and move our shares into it...taking forever for sure but we shall see eventually if it works out. imo
Doesn't like Musk...he's on vacation this week so hopefully more info. next week
Reply from yesterday: "Making good progress with the audit. They confirm my desire to complete it this month."
I hear you man...same here!
Just got this from Orie: "We submitted the 2022 financials today to the auditors and requested that they will be finished mid Feb. This is the last item before filing."
Reply from today: "It was determined that even if we file today SEC will require 2022 full year audit hence we decided to file in January after we complete the last Q audit which should not take long - we are hoping 3rd week of Jan.
Just to set your expectations I am told by our S1 attorneys that it will take 3-4 months to get the comments from SEC after filing – these days."
Filing? From Orie today... "Not yet ready but making progress. We are waiting for the auditors to complete review of 2022 YTD that has to be included in the first filing."
"Please consider carefully the impact this will have upon innovation and new technologies coming to market to benefit all of humanity." Yes, and when they get one through that benefits humanity...which will be great...and benefits us shareholders by making good income, then he won't have to dilute anymore and our stock price can go up and hopefully "soar". Until then this stock will always have downward pressure...imo. Hope he is doing some great stuff with the money he is getting!!!
YW...I'm with you on that buddy! Take care
JAJ25...as of today...his response..."We are now at the final stage of finishing the S1 – auditors need to finish the stub 2022 review (not audit) and the lawyers need to write their opinion letters etc. I believe we should be ready to file by month end.
We then wait for the SEC response and request for clarifications if any – normally 4-6 weeks and hope that one round should be enough with them. Once we have their blessings we become public and you get your shares."
Well hoping 2023 will be our year! Just waiting and hoping...not much else we can do at this point. Have a good month...will check in with him next month for the latest.
I am certainly no expert on this but it seems he is creating a whole new audited company/entity and rolling over the old COHO shares to it. COHO is dead and will stay that way but our shares will be with the new company...the way it sounds to me....thoughts??
Nice...great to hear!!! Glad you are back....now they can bash you too. lol I know you and others have a lot more tied up here than me and I think I can say for all "we" appreciate you checking in with him in person and hope this will eventually work out for us all. I have been emailing him monthly and he always answers and sounds legit on what he is doing or at least trying to do (with the many changes and road blocks) and is determined to get it done. Thanks again...let us know. BR
You and me both...I guess the absolute proof will be when the S1 is submitted as we should be able to see that...right?
NP...today
Well a bonus 3 replies for those that care to hear. So Chris...are you still with us??? Would be nice if you are.... to pay Orie a visit face to face and verify for all on this info. if you would...just a thought. Leave all weapons home. :))
"Yes, first draft with audited numbers was just reviewed. As it turns out the auditing firm by law cannot draft the numbers into the S1 – I had to hire a 3rd party accounting firm to do this….
We are getting there.
"No other company is involved. We stopped all communication with the other company who refused to pay for the process. It is all us. We are doing a spin off of a sub and then bring in the shareholders to the sub. Gives us better control of the future of the company. "
"The sub is one of COHO 3 subs we had – the smallest one in the IT field which we audited and spin off by filing the S1. Once it is spun off and it is a stand-alone trading audited company then we bring in the shareholders of COHO into that entity by switching shares – the old COHO share for shares in the new entity. The new entity should have a much better value since it will be an audited business concern."
Just hoping Mr. Dixon has something "over the moon" for us shareholders soon from the money he is getting from these notes that have been and are hurting our stock price!!! imo
This was from a couple of weeks ago...will email him again next week for current update...sorry should have posted sooner.
"Audit for 2021 is done and numbers are now being dropped into the S1 I am hoping to get the 2draft very soon and then it goes to review by the SEC lawyer we hired for an opinion letter to accompany the filing."
YW...well hopefully we will find out soon with the S1. and then at least we have a better chance of getting something and something is better than what we have now for sure.
Ok thanks guys...well he said "almost ready", so who knows how long this will take but I will reach out to him soon and ask him if he would let me know when it was or will be submitted and under what name...we shall see
YW...so once the S1 is submitted ...we should be able to verify that right?
Hey JAJ...from 7/20...just passing it along: From Orie:
Meeting with clients in beautiful Birmingham MI.
"Making progress. Audit should be done by now. S1 almost ready to go waiting on final audited numbers. I had no choice but put up much more personal funds to get this done." Hope your summer is going well!
Think this sums it up for us shareholders...we need something to pop and create actual decent cash flow...then we GO! Until then we will have some dilution and stagnant share price...imo.
Per Tim: " We are not in a financial position to do the kind of marketing we would like to do we will just wait until we have proper cash flow. Thats all it is, cash flow."
Agreed....hmm would the CEO of a penny stock company gift shares to someone if he didn't think/know that the value will be going up and that person will be much better off financially?? Seems like a GOOD sign to me. IMO
Latest from Orie: "The S1 should be finished by next week together with the audit. We hope to file it in the next 14 days and then deal with the SEC process of acceptance."
Thanks...well it aint over yet: "The BA.2 variant appears to be on its way to becoming the dominant coronavirus strain, having roughly doubled each week for the past month, according to the U.S. Centers for Disease Control and Prevention."
Hope everyone is taking QM!!!
Thanks cents for the info. That is a start and hope this line in their ad is true.."Peeps are buying QUADRAMUNEâ„¢? in droves"...yes at this time having a marketing firm is the way to go..imo. Just seems that TSOI needs to get a decent revenue steam coming in to hire more people to off-load Tim and get moving forward on many existing patents. again...imo glta
Exactly cents...therein lies the problem..imo. How do you get the general public aware of the great potential of the products and start using them??? Just with what tsoi has right now....this company could get VERY good revenue from these products which would greatly enhance the furtherance of the many other life enhancing and life saving products in the pipeline.
Dr. Vuu says this in a interview:"For example, the ingredients of my favorite immunity supplement, Quadramune, has epigallocatechin gallate (EGCG), sulforaphane, thymoquinone, and pterostilbene - all natural phytonutrients that synergistically work to lower inflammation and modulate immune function.....and very little affect on sales of QM.
If Dr. OZ said the same thing on nation TV....sales thru the roof! Need to get this out !!!imo
Thanks for all the good info cents!! We are not just moving forward, it's
"we go full steam ahead" :))
Able to get some 19's this morning to get my avg. down to .04. Hoping for some good stuff...some life saving stuff...coming soon here!!
YW...latest short one "Still working on all aspects of filing. We’ll get there."
Lol..yea hope it helps that...had a tough time last yr. here in Fl. My white truck was green a few mornings and needed my inhaler more than usual.
Thanks cents for all your info.! I must admit that I am disappointed that Tim seems to have chosen to go it alone and not lose any "control" especially with the EUA and Phase3. Sickening that many people are still dying ...getting lung transplants ect. and we have something that could possibly have helped them but is not readily available to them still and for who knows how much longer. Also seems he is pushing QM now to possibly get money needed to move forward in these other areas...and we know it takes a lot of money to do so. It's not a bad thing and I am hopeful that this works so he can build our own labs and control our future which might work out better for us in the long run but does hurt now that something couldn't have worked out sooner to help many people. I am no expert in the field for sure and maybe Tim will say I'm wrong but this is just my opinion from my readings since being a shareholder and as all would love to hear some clarity soon on all of this going forward. I think this company is in the right field at the right time and hope this works out for Tim and company which in turn will do well for us.
Third day on QM myself and hope to have some good reviews soon as many others have had.
Wow, quite a 25 minute talk by Tim...smart guy for sure....hope he has the same smarts on the business side of these great products! Thanks for the link.
Thanks for replies and great info.! I took one today w/lunch and will do the same tomorrow and if all ok... go to 2 a day and see how that goes. Fortunately, I don't need NanoPSA....yet. :)) Hoping Tim can get things rolling on our other even greater life saving products soon!! Let's roll
Just ordered my first bottle of QuadraMune today from Amazon and they will deliver overnight. I have a few symptoms that this will hopefully help me with. Brain fog after COVID/hip arthritis/asthma. Yes, it seems pricey but if it helps it will be a blessing and worth it. I read that Tim takes 2 a day and figured I would try that first and see how it goes. Any input from anyone on that? That would reduce the cost somewhat also if it works. Many great reviews on Amazon and hopefully will be adding my own soon!!! I have been averaging down by buying some shares at these prices. Hoping that buying a $68 bottle will be chump change when this stock gets it's well deserved funding and production of many life saving products!!! glta
Monthly update:
"We are told to finish auditing 2021 now since the filing requires it. More delays but eventually it will get done. I am determined!"
"Yeah its a big number and these are the same people that brought FocusFactor to Costco just like they will do with QuadraMune."
This just may be the revenue boost needed for moving forward big time on other fronts...imo.
Amen brother...thanks.