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Wow, okay...that's totally new info for me.
I can promise you that's not a true 10k.
I would conclude that there's a story for people to debate. Nothing more.
Okay, I hope you're correct because this is vastly different from how I remember it. I don't remember how it was but it was expensive, long and and you needed to get a market maker to sponsor your company or something like that. Very few companies made it back when they were going to EM a few years ago.
To my knowledge, they need a MM to sponsor them at a minimum. It's not just a filing - unless like I said, things have changed.
I will look into the EM more over the next week but it was never just a filing that would be the ticket to getting out. Let's just hope we don't go in...
If they couldn't afford to get this simple audit complete, they surely can't afford to spend on what's required to get out of EM.
Not being an a-hole, but serious question- have you held a stock that's gone to EM? Sadly, I've had quite a few. With that said, maybe things have changed within the past two years that I'm not aware of. Trust me- losing what I put into this one is not something I want to happen. Times is rough here on my end...🤣
Yes, they should abort SEC reporting and maybe that's their plan. If they go alternative reporting, I believe that's a filing - 15g maybe. I've been away from serious training for too long to remember shit like that. The bottom line is that if they do slide in EM, it's not a simple turnaround and to be very honest, I would chalk it up as a loss at that point. I'm just going by experience. I'm holding out hope that this somehow have a different path prior to the end of the week but I don't know...
Unless things have changed, that's not at all how it works.
If they go EM, we're 99%+ toast.
I'm hopeful as they come but need to be realistic. I'm truly hoping this is a diversion and just a ploy to cause a drop so it can be loaded. Either that or they do pull out a last minute miracle.
Haha, thanks. I'm just starved for any info, takes, etc. that I can get $RSPI so I figured I'd see what's going on...
Haha, thanks. I'm just starved for any info, takes, etc. that I can get $RSPI so I figured I'd see what's going on...
Tells me they're loading. 🤷♂️
Gotcha...
Yeah, I have zero concerns about this company at all and am fully aware of the potential. It was strictly the buyout angle that I couldn't make sense of.
Thanks and enjoy your weekend...
Haha...it's been a while!
Hey John...
I wouldn't even bother addressing this with most other traders, but have to ask since I respect your knowledge and experience. Why would they look to get bought out at this point if they already had offers, but decided to go public? It just seems like a waste of time and money to go public only to get bought out.
Just curious as to your rationale...
One would need to petition for it in court.
Large bid all day yesterday. Something may be up...or at least I'm hoping.
8K will send this quickly...
He needs to start a GoFundMe.
Not sure.
Sounds like a great plan being that the volume is less than 100k.
Good luck with that!
I'm just going to play devil's advocate here, but what do you think will happen if Bearden doesn't file? The ticker is already delinquent. It can't get delinquenter. :)
And to be clear...nothing would make me happier to see filings and updates as to what the heck is going on. Hopefully they have been holding back filings in order to see how the court case would unfold and are ready to upload them regardless. I have my doubts though...
I'd have to look, but I'm fairly certain that today was the last session.
And I agree- an update from Mr. Bearden would be fantastic. Hopefully, he puts one out within the next few days. However, I'm not sure he does that or not.
Yes...it is today.
That doesn't necessarily mean a decision will be rendered today.
Honestly, I don't know...but I just want to see filings at this point. You can't sit too comfortably on a ticker with a stop sign these days and I put a nice chunk of capital into this one.
I think a settlement is our best-case scenario because if it's left up to the judge, a decision could be made next Monday or three months from then.
Just run a search on the OTC Markets address listed in the profile for a clue...
For our purposes, pretty much only rulings from the bench matter at this point. That motion to dismiss is now fully briefed. It goes to the judge and he can hear oral arguments if necessary.
He may be forced to simply file if the judge decides to take his time with a decision. Hopefully, everything works out in a timely manner- but in the end, Jeff is at the mercy of the judge.
I guess worst case is Jeff has to get $ACCA current without including SNGGY/ Acembly initially. He HAS to keep the ticker in good standing and I'm sure he is quite aware of that.
No problem. It wouldn't be possible without you providing the PACER updates, so thank you for all of your work...
Plaintiffs amended their opposition, presumably to the motion for summary judgment. Defendants now get the last word because it’s their motion. Defendants’ last word (reply) is due 3/8 and it all goes to the judge on 3/22. Judge may decide that day or may take a fucking year. Hard to know.
Yes, we are getting closer and if I had to guess, I would say we're looking pretty good from what we know.
Thanks for all you bring to this forum, Billy!
Maybe I didn't word something correctly...I don't know.
The defendants moved for a summary judgment...that doesn't mean it will happen. More often than not they fail.
I could be wrong, but I think we're pulling for the same outcome here.
That's from a lawyer...so you can call it funny or whatever else makes you feel good.
That means that the defendants moved for summary judgment. They believe that their evidence does not require a jury— the judge can toss the case on the law and the undisputed facts. Plaintiffs sought more time to oppose the motion. The judge just granted that extension to respond.
For sure. When it goes, it will be fast and furious with this SS.
No news.
People know what's going to happen here eventually.
THAT I would love to see!
No thanks...that's what's getting a lot of these tickers in trouble.
This thing will go soon enough- as long as the CEO executes with the filings.
Hey, Harry!
I just came here to congratulate all the $SRMX shareholders, but especially you. You have been holding this since I started trading a few years ago. I was a shareholder who got tired of Max Li and the wait, but it looks like we were WAY early. You held on and I hope it continues to crush for you!