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dcspka

05/09/24 10:18 AM

#94183 RE: parabolic2020 #94182

".......Uplist to a higher exchange"? Man, talk about giving false hope. TXTM can't even cut it as a Pinky Stock. There is no way they can (or will) satisfy the NASDAQ requirements. No working business model, no sales, no earnings. The notion that TXTM will become a holding company with CBD related business subsidiaries is an unsubstantiated joke.

Show me RSAMMD's client list, sales & earning figures. There is a reason they are kept secret. Figure it out.
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TS1971

05/09/24 10:19 AM

#94184 RE: parabolic2020 #94182

🤦‍♂️ thanks for your long winded rant that answers NOTHING I asked just more side stepping.

It’s simple, you do not need a form10 to accompany the first audit if it was PCAOB to begin with.

Penny stock exemptions does have advantages/benefits you clearly don’t know of…what a surprise.

However TXTM can not utilize or take advantage of these for 1 reason that you have no clue of why clearly.

As I said a fcuken calamity of errors with this company from start to present.

Nothing on the books for over a year is why no one in there right mind would even consider buying TXTM.

After a year and a half Management promises and social media hints haven’t and won’t help those invested in TXTM.

Put up or shut up. The end.


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Maxinvestor89

05/09/24 10:26 AM

#94188 RE: parabolic2020 #94182

Sorry for interrupting you guys' argument

I just want to say that a Penny Stock exemption, itself, doesn't trigger anything with the SEC (The "Penny Stock Exempt" badge doesn't show on OTCM, because, as they told me, they don't show this kind of badge for non OTCQB or QX stocks)

Also, showing Assets over 10m$ isn't the sole criteria to "force" SEC reporting, a company must also have 500 shareholders of record or 2000 if less than 500 non accredited investors

TXTM, as per their last filling, on page 3, has 77 shareholders of record (holding securities under their own name, not through an online brokerage like the overwhelming majority of us)

As per SEC, mandatory SEC reporting starts when:

It has more than $10 million in total assets AND a class of equity securities, like common stock, that is held of record by either (1) 2,000 or more persons or (2) 500 or more persons who are not accredited investors OR it lists the securities on a U.S. exchange"

https://www.sec.gov/education/smallbusiness/goingpublic/exchangeactreporting