Jay,
Hello to you.
And you're very welcome.
As for the boards-based goings-on in general?
Though far from representing a popularity contest, kind words are always appreciated.
Thank you.
As for the mentioned meeting of the minds?
The buy-in agreement representing the reason why the Form 211 and Addendum weren't filed with FINRA as originally slated. Plans having changed once again.
As for the full reasoning behind said agreement?
As talked about. An expensive proposition fighting the good fight. The fact of what Bill Young had to say. A tough row to hoe. Forcing full disgorgement. With a need of bearing in mind that the vast majority of the phantom float was created during prior years. Times when management was issuing PR's on the subject. Telling of intent to do what could be done to counter the situation. To prevail.
The strong likelihood being that, as far as the domestically domiciled is/are concerned, we're talking about that which was discussed earlier. That massive amounts of IOU's lie in private accounts. FTD's having been long ago taken ex-clearing. The advent of general power of subpoena having led to the revealing of all. The buy-in agreement resulting. A meeting of the minds.
And are we talking disgorgement in full? Or ill-gotten gain in large part?
Well, again, we need recall the prior years reality. Average trading levels of the times. My not hesitating to suggest that at an average price of, let's say, $0.045 per share the guilty are feeling some pain. With a need of additionally bearing in mind the fierce battle that said guilty have waged from June 11th onward. Having felt some obvious serious heat as market level advanced. And who knows what would have resulted had the weak-handed not caved-in to the lies and deceit/distortion routine. Had market level continued its steady advance. In line with company true value circumstance complete with the effect of applicable earnings multiple.
We might have indeed seen the MOASS.
But alas!
Wasn't to be.
A simple need of recognizing the fact that management chose to reach out to the regulatory powers that be in addressing the abuse. Filing the necessary documentation. Clearly delineating the existence of a massive phantom float. And who again knows? Perhaps in all of it there will come the launching of legal action. Management going that extra mile relative to that portion of the phantom float that lies unaddressed once the current buy-in is complete.
We shall see.
The bottom line being that management did reach out. Did seek regulatory involvement. An informal investigation launched. Advancing to formal status once preliminary indicators had proved up. And, so, it's understandable that any/all input from the relevant agencies would be given a great deal of weight. Management cooperating in full. Agreeing.
The simple reality being that the buy-in agreement sees a massive phantom float significantly reduced. My personal guesstimate being in the 550m area.
And…
550m x $0.045 average = $24.75m
Not exactly pocket change.
And will there come a fine or two? Regulatory enforcement in more ways than one?
Well, again, we shall see.
Just suffice it to say that we're talking about a major improvement. A far more level playing field. With the regulatory attention, in the overall, serving to provide pause for thought. The future wide open.
There being a great many fantasy purveyors among us for sure. Ever hard at work attempting to twist reality. To have the faithful believing that which represents anything but actual fact.
The investigations situation being what it is. As outlined. Documents having been filed. Investigations launched. And, again, it's only simple common sense that the relevant task force would seek, in all of the goings-on, to convince itself of the full legitimacy of the issuing company. Entirely understandable. A fact that the company's greatest detractors have seized upon with relish. Twisting madly.
And so be it.
There's simply no morphing of fantasy into fact.
Nothing but wasted words. Time lost. Time and effort unrecoverable.
America's Cleaning Company continues its unrelenting march toward stellar retail success. A budding empire. Fundamental and operational soundness. The matter at no point being the issuing company. The problem being market level from the get-go. Being ongoingly grossly undervalued. With the buy-in agreement going a long way toward righting that particular wrong. The regulatory involvement serving as talked about. As a warning to all to not stray from established rules/regs. The SEC being now guided by an individual entirely capable/competent. Someone steadfastly determined to ongoingly honor the agency's primary mandate of protecting the little guy/gal.
And, certainly, not before time.
And, so, there you have it.
All being well.
More than.
Our coming trading week holding great promise for a return to being OTCBB quoted. A flood of PR's and filings, etc. to follow. Market level soaring. Retail and institutional level monies flooding understandably in as the numbers prove up. As the big picture emerges in full.
Giving P&G an eventual run for its money.
Golden stamp of approval.
Golden ground floor opportunity.
And, again, you're welcome.
And, again, thank you.
All the best.
AI
