News Focus
News Focus
icon url

rs99

10/10/25 7:42 PM

#22486 RE: Whyohwhy22 #22485

Maybe because of past history? They had a lot to prove to back to where they are. Coming back from the greys! I'm sure they are under more scrutiny than others. Closely verifying everything. It's not like they don't have many other OTC stocks to deal with!
icon url

Trum

10/10/25 8:12 PM

#22488 RE: Whyohwhy22 #22485

I'd like to take a shot at an honest answer...and would also await an honest answer from R too.
So, your Q about round 4 with the SEC is a tad troubling. My take on it is that the SEC blocked 'rite' from booking the valuation of the Skull Valley land lease since it was not a legit valuation... rite was forced to carry it as 0 valuation on it's books...that did not stop 'rite' from trying to hype the old scam story that NMC pushed with a 'spit in the wind' valuation..... nothing of any legit nature....but rite ran with it anyway once they shut up NMC from saying anything about their deal.
the actual Skull Valley lease details are out there for all to see by visiting the WayBack Machine / internet archive..for NMC.
It is likely that the SEC is not going to allow 'rite' to declare any valuation above $0.00 until they do a legit survey.
rite does not have the money to do any industry standard survey.... heck even NMC had some cash and they would not spend it on a survey...NMC even admitted to their shareholders that they could not do a real valuation and they gave up on the land lease ( along came another scam to try to play out more of this 'story') but we can all see the truth... the lease expired back in 2023 rite has no rights ... just another scammy story going on here... imho.
I have asked the (paid in shares) IR the question numerous times ..even posting their response here...and it is more and more clear this is just another penny subber scam with a handful of joker dumpers here posing as wildly invested longs... never fails ....never changes...greedy clowns will say anything but they will always .... and I repeat ALWAYs ignore responding to the truth....
icon url

Pickens

10/10/25 8:47 PM

#22490 RE: Whyohwhy22 #22485

Who is it that gave RITE the “penny exempt” status?!?

Just goes to show that the SEC already recognizes RITE’s assets as significant