Tuesday, October 28, 2025 9:34:29 PM
Wade pushed Cecilia Widner off the board of directors after a couple years of no stock interest and forced her to vacate their preferred Series C shares back to the treasury for an apparent disagreement.
They switched to Vortex Brands upon the BTC miner pivot with an eventual abandonment of that venture altogether and now the gold pivot with all time highs.
VTXB just follows the hot market sector trends and switches 'operations' with the same management.
This mightve actually garnered interest if it didnt convert 250 million shares every month.,. but now the OS is maxed and if Wade wants to convert anymore, they have to raise the AS or reverse split.. those are the only 2 options. Not a very fun forward future outlook.
VTXB has operated soley on public offerings/direct placement and has not had a convertible note in 15-20 years.
The only conversions in such time were Series C preferred shares.
This traded .06 3-4 years ago, with an OS at the time of I believe 325m or so.
With 700m shares going to Brian Mclain for whatever he did to earn that many shares(I think maybe for hosting the BTC miners?) "Services rendered" they called it. Curious if he sold any, it should be on the next filing(s), if it ever gets filed.
The dilution started when this was at .0025 or so, Wade converted close to 3B+ shares for around $300-500k+ in that time. While Todd Higley draws a +100K salary for signing his name at the bottom of filings and holding a bunch of Series C shares for Novus when they run out.
This stock was fun to trade at one time, not anymore though. Too much risk even at .0001 where Novus has no problem selling for years and years and years and years with over 240+ BILLION shares in Series C shares left... also on the verge of Expert Market is scary dead money.
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