I don’t know who are but I’ve agreed with everything you’ve stated and taken some heat for it! lol. PB has stated No Dilution numerous times and now changes the tune to lots of dilution. This is beyond ridiculous. Some of his No Dilution posts seem to have mysteriously disappeared. Keep up the good DD. Again, hard to comprehend how these notes, loans, toxic or not never seem to make it to the DD and I’m more than happy now we’re focusing on this.
Make no mistake: I am addressing this issue one final time. I apologize to the board for any drama caused and appreciate everyone’s patience. I won’t be engaging in further responses to your post, so don’t expect a direct reply. I am not here to defend Hicks. Since you seem uninterested in understanding what Hicks did or did not do, why continue discussing Hicks here? To set the record straight: according to the details in the Schedule 13G filing, Stephen M. Hicks does not directly own any shares of the Issuer’s common stock. Let’s clear up that fact once and for all.
In what context are you referring to? The 13G is merely an ownership disclosure, it isn't a Registration Statement or an exempt offering. What's part of a private offering?
That's an easy question to answer. Anyone with knowledge of SEC rules and regulations will fully understand this. Since the company is not SEC-registered, they cannot issue shares that are immediately tradable on the open market, as would be the case with a Registered Direct Offering (RDO) or At-the-Market (ATM) offering. These types of offerings require SEC registration for immediate resale. The company can dilute its shares through private offerings but that is also restricted too.
As for the Schedule 13G, it highlights the key term "PRINCIPAL" amount, which refers to the original loan amount that is convertible into common stock. I’ve already explained this, so there’s no need to explain it again. That's inaccurate, a 13G must be filled whenever an investor acquires 5% or more ownership (It's supposed to be within 45 days of the Fiscal Year End, but for some reason, Hicks decided to disclose it as it was a Form SC 13D, which requires the disclosure within 10 days of acquiring 10% or more ownership, with exception if a passive investors), REGARDLESS of HOW they were acquired (Private offering, Regulation A offering, S-1 Registration Statement, Conversion of notes, etc).
You are clueless, you are the one who still can't comprehend the filing so don’t laugh too hard. Schedule 13G role all the way down under EXHIBIT 1 JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k) A Joint Filing Agreement under Rule 13d-1(k) allows multiple parties to file a single Schedule 13G jointly. In this case, Trillium Partners LP, Maple Leaf Capital Management LLC, and Stephen M. Hicks agree that their combined Schedule 13G represents their collective holdings.
For filing a Schedule 13G depends on the type of investor and their specific ownership level. Qualified Institutional Investors 5% or more ownership must file within 45 days after the end of the calendar year.
Don't make me laugh! Take a look at CZNI/BOMO, all Stephen Hicks, Trillium, Frondeur, etc doing... Also NECA/THBD, there are many others, but I don't remember about them, for now.
This is exactly how you come across as a basher manipulating people’s perceptions. No, I don’t follow CZNI/BOMO. If you’re so confident in what you’re saying, why don’t you provide a link or a record of all Stephen Hicks, to back up your claims? Calling Trillium a "toxic lender" is a bit of an oversimplification. Let’s see some proof if you’re so sure of it.
Going to send you my medical bills for broken ribs from all the laughing I'm getting from reading you trying to defend Hicks
Once again, I’ve pointed out all the wrongdoings by Hicks in the past, including linking to the SEC fines, so it’s clear I’m not defending him. On the other hand, you’re using Hicks’ history to bash the stock. Your first post here was bashing, and all your posts after that. The basher books their first post normally starts out with something similar to this approach. "I sincerely wish I didn't buy any shares at 0.0050$..." LMAO.
Can you point me to a recent Huge M&A deal he did?
Don't put words in my mouth. When did I say or claim that Hicks was involved in a recent M&A? What I said is that Hicks still has the expertise to structure deals and raise capital for M&A activities.
Nick has been in the industry for years and made a mistake nearly a decade ago, for which he paid the price. Who's Nick?
That's a typo. Are you serious you don't know or play stupid?
Once again, go look at CZNI/BOMO, and come-back and tell us with a straight face that Hicks is not a toxic lender...
Once again, don’t try to sway people with information they don’t know. Instead of asking us to search for it, why can’t you post the link and information here? How can you accusing the man dumping stock when Stephen M. Hicks does not directly own any shares of the Issuer’s common stock? Stephen M. Hicks serves as the Manager of the General Partner (GP) at Maple Leaf Capital Management LLC. His role involves overseeing various investments and managing responsibilities for the firm, which operates as part of a joint filing agreement alongside Trillium Partners LP, a Delaware-based entity, as outlined in SEC filings.