Saturday, September 21, 2019 2:29:49 PM
This morning Adar Bay filed a SC-13G, stating that the their company owns a position 9.99% of the outstanding shares as required by the SEC.
Adar Bay has been a long-term lender and investor in ASCK, these shares were converted from a note that originated in 2016, and could have been converter much earlier. Adar Bay chose to wait until the company was about to emerge with revenue forecasts and capture cheap stock prices they feel will not last.
However, instead of putting their shares into the market, they have chosen to hold the stock for the revenue producing days ahead.
Most companies in their industry try to avoid any SEC paperwork, however Adar Bay thought it to be worth it in this case.
Recent ASCK News
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2023 01:47:37 PM
- Form 253G2 - • Edgar (US Regulatory) • 07/21/2023 10:02:42 AM
- Form QUALIF - Notice of Qualification [Regulation A] • Edgar (US Regulatory) • 07/06/2023 04:15:10 AM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 06/30/2023 04:09:04 PM
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ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
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Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM