Stratos Renewables Corporation (PK) (SRNW) Quote

tagging his tickers with an improved OTC reputation.

Like FORW?

How did Starsona turn out?

On June 1, 2020, the Company formed Breathe Medical Devices, Inc.,.How are the portable ventilator medical equipment sales going?

Or Maverick?

Maverick was in default of this note, and Management had initiated a lawsuit against Maverick for repayment of the note and the accrued interest. As of June 30, 2022,

Next is GVSI. GS is claiming 2025/2026. How much of the $15 million has George raised?
Yes that is a great moral booster and will get tons of trust.

American Blockchain Corporation to Raise $15 million
Press Release | 02/06/2024
Henderson, NV, Feb. 06, 2024 (GLOBE NEWSWIRE) -- American Blockchain Corporation (“ABC”), trading as Good Vibrations Shoes, Inc. (OTCMKT: GVSI), announced today that it has entered into a non-binding Letter of Intent (“LOI”) with a privately owned Blockchain and Cryptocurrency enterprise, currently operating as an LLC.

In the interest of preventing any harassment of the LLC by the public, the parties have agreed not to identify the LLC until they have entered into a definitive agreement.

Under the terms of the LOI, GVSI will raise $15 million on a “best-efforts” basis for investment in the LLC, in exchange for 35% equity membership in the LLC. Potential GVSI investors have already been identified by the LLC, which has previously and privately raised $9 million under a $30 million valuation. By using GVSI as a conduit for investment into the LLC, GVSI shareholders have a potential opportunity to benefit from the growth of the LLC.

ABC’s CEO, George Sharp, has agreed to return his 300,000 Preferred “B” shares to treasury in exchange for 50 million new common shares, in order to more than offset any share issuances to new investors. Any new share issuances cannot have restrictions removed from them until the SEC accepts GVSI’s Form 10 filing, complete with two years of audited statements. The Form 10 filing is expected to occur late in the first quarter of 2025 and the SEC typically requires 3 to 6 months for comments/question before accepting such a filing. Furthermore, a lock-up agreement will ensure that divestiture of these new shares cannot take place before January 5, 2026.


George has no credibility and or trust.

Deals in the OTC space are super fluid. Similar to VC's who look at 10,000 deals per year to finally invest in maybe 5 should give you a sense of how rich the pipeline of companies willing to merge is at any given time. Finding a merger candidate is not the issue. Finding the right one is. ...and that requires a favorable environment.

Ending 2024 we will potentially see interest rates drop further by 100 basis points or more. We'll hopefully have a new elected President that everyone will accept and finally, the war with Israel may (fingers crossed) reach a peace treaty of sorts. The world can only fight so many battles for so long. Israel's debt was dropped to BBB by S&P. The increasing cost of the war should have a 'pausing' effect. Hopefully too, it will be a lasting peace treaty. My guess is that we'll get at least a one year reprieve. Who knows? Some are predicting WW3. I personally don't see that happening.

On a brighter note, AI is taking business by storm and will show up in productivity gains throughout many bottom lines. Evidence of these gains can be seen in social media comments, daily.

The FT is also predicting a strong comeback for IPO's next year. I would expect the OTC to coattail on this trend.

I'm sure GS and his colleagues are aware of these trends. There's no reason to think otherwise. In the meantime GS is cleaning house, settling scores, and prepping his tickers for an OTC resurgence. What I will add is that no matter what happens, the only way the OTC will work for GS is if liquidity increases. That's a fact. No volume = Zippo movement.

What he's probably realized over the last few years is that he can no longer count on the OTC to attract liquidity the same way as before. Instead, he has to carve out his own niche. He's doing it by 'raising the bar' and tagging his tickers with an improved OTC reputation. If and when he succeeds, we can expect much of the existing volume and then some in the OTC to move his way.

JMHO

Thank you. But based on GS history......................................................

You actually did good until the last sentence.

How is GS, the failure going to fix the OTC? Dumb ass pumpers come up with the most bizarre ideas ever.
1. The OTC is a private company that is watched over by FINRA.

2. Common sense would dictate a real company with listing aspirations would want to become tradeable ASAP. If the company is legit, again WTF does the stupid claim about "cleaning up the OTC' have to do with them?

3. Again another flawed argument. A legit company would be concerned about said issues, but they would want to become tradeable.

4. What is the FORW/SRNW deal? Is it a big secret? Again a real company and or a real deal would have gone through.

Here is some real DD from KPMG and not GS pumper Hopium.

The headline numbers suggest US IPO markets are on a tear compared to 2023 (admittedly a low bar). Volume was up 19.4 percent quarter-over-quarter with 43 market debuts. Gross proceeds rose 26.5 percent to $8.9 billion. This marks the third consecutive quarter of double-digit growth in both measures. Given that common wisdom anticipates at least one rate cut by the Fed this year, and data suggests volatility is down and confidence is up, there are some very positive signs that IPO markets are truly open.

https://kpmg.com/us/en/articles/2024/ipo-insights-q2-2024.html

The bottom line is George is a FOS racing addicted clown who can't get his house in order.

Pumpers are too dumb to see that George is using the clown show to take the attention away from his failures. The OTC is and will be the OTC. George "getting" a few scammers does not mitigate the fact that he is a OTC failure with his shells.
Why would other CEO's have anything to do with his scam shells? If he had any real companies interested there would have been progress.
But GS wants to pound his chest and act like he is a hero to cover up his failures.

Bingo!

Hi MrSmith18, I think you know I've been pretty open minded throughout this whole journey and appreciate your comments. I see a few issues with the theory that GS is cleaning up OTC before announcing mergers:

1. It could take an indeterminate amount of time. How much is enough? If he wants to fix OTC, the reveal could easily slip to 2025/2026 or later.

2. How long are the incoming companies going to wait? Could they really have signed a deal that depends on such an open-ended activity as cleaning up the OTC?

3. There are other macroeconomic factors that strongly suggest a reveal now (and in fact well before now) are desirable. Fed rates have started to come down, elections are coming up soon, and the future geopolitical climate looks uncertain.

4. The FORW/SRNW deal looks to have been designed to reveal in 2024, based on the structure of the warrants. Yes they could be postponed, but that's extra work and extra expense.

Curious on your thoughts on 1/2/3/4. Thanks again

Watch and learn...

For once I agree with your post. Smitty has absolutely no clue how the OTC markets work. Carve out a safe haven in the OTC? WTF does that mean? Yep, he's definitely smoking the good stuff, roflmfao.

Start by reading his tweets on Rosen's case. That was beautifully done. Without lifting a finger, he let Rosen bury himself alive. Then there's DivinciPAY. Looks like she's headed to the can too. I'm sure they'll be a few more before GS feels like he can move forward again.

He's take a page from the British way of enforcing the law. They used to hang their criminals at the end of London bridge for all to see. BTW crime dropped quickly thereafter.

If GS were 'robbing us blind' as you claim, he'd selling shares of his tickers the same way Rosen and all the OTC scammers do.

How will George carve out a safe haven for the OTC? Like WTF are you smoking. From bad to worse is your comments and Hopium.

LOLOL! You are a comedian. You and the other clown pumpers don't want to admit that George built his stable with clown pumper's money and he will be short at least $3 million to subsidize his addiction. Where will the money come from?
But Pumpers don't want to see he is robbing them blind while doing jack shit with his companies. They want to believe in Hopium.
LOLOL

Well, let me see. I think I recall an incident in mid March of this year... I guess you were too busy bashing GS to realize what happened. That explains it!

You are so naive that you believe that a serial scammer like Sharp is trying to stop other scammers.

"He's also sending out a message to any more 'would be' scammers to stay off his properties."

Sharp is a petty, insecure little man. He has 4 shells that are a disaster but Sharp Sharp has the red ass for Rosen - that is a complete waste of time - he needs to take care of his own shells.

The posts about other companies to deflect criticism for being a horrible CEO.

IG

Use your common sense, if you have any. GS can't place a ticker in the OTC until he carves out a safe haven for them, otherwise, what happened with GVSI will happen again. Duh!!!

Huh, I never said anything like "boil the ocean", lmao - what are you smoking? But you said George is "cleaning house of the OTC" which is nonsense. He is picking petty squabbles with his OTC enemies.

And as for " Best that you focus on something else and let this situation brew appropriately."

I never have asked your opinion or advice and never will, as you have proven you are clueless about if or when George will get a deal done.

Now chew on that fat for awhile.

You seem to be obsessed with GS's horses and stables. Maybe he has an opening for stall cleaner for you. I'm sure you'd be more than qualified.

George insecure Sharp is doing nothing but lining his pockets while ambulance chasing. The only thing he has done since his shells scams started is to grow his stable to over 100 ponies.
Sadly he stands to lose at least $3 million on his addiction.
He can't even clean up his own house.

I disagree. GS is not trying to 'boil the ocean' like you seem to suggest. He's going after those that have gone after him, otherwise, he can't bring in a new company. He's also sending out a message to any more 'would be' scammers to stay off his properties.

It's funny how you flip so easily. One GS tweet, and you'll be singing his praises. Best that you focus on something else and let this situation brew appropriately. Eventually it'll happen. Be patient.

I am hearing he hides in the stable when his horses are running as they are as big as an embarrassment as George is at running a business.
Plus he spends 1/2 of his day bashing other CEO's.

No, wrong! George is NOT "cleaning house of the OTC". There are over 10,000 OTC stocks, and many are hundreds of millions of dollars in market cap and trade in many dollars for a share price.

George is down in the gutter of the OTC, with the guttersnipe CEO's of the OTC, waging a vendetta against them and their scammy fraudulent ways. It's a noble cause, but imo, an unwinnable war, as there have always been fraudsters in the stock market and there always will be. And they are not just in the OTC markets. Every year we see Nasdaq and NYSE CEO's go down with the walk of shame of media attention that their disgraceful actions bring upon them and their companies.

Martin Shkreli, Richard Scrushy, Joseph Nacchio, Elizabeth Holmes, Martin L. Grass, Dennis Kozlowski and the list is endless, of those big board CEO's that went to prison.
So George's rages against a handful of guttersnipes that are too small time for the FBI and SEC to seem to want to waste their time trying to nail, may seem noble to some observers, but in my opinion is a waste of time and effort that he could better spend the energy trying to do something for the 4 shells he owns, and for his other businesses. However, since we never hear George's motivation, there are likely personal reasons he has for chasing the guttersnipes. But even if he is successful, there will be and are, many others that will quickly take their place.

So George is not "cleaning house of the OTC", because even if he were to shut down 10 scammy companies, there are 20 more that will quickly replace them, imo.

GS's timeline remains a tough call considering recent global events. What we do know is that he is cleaning house of the OTC for a reason ...plus he's paying to keep his tickers current. He's literally putting these bad actors away in, I might add, a clever manner. It's not pretty. These guys are bad a$$ thieves. Yes, you may feel that GS is one too but that's your call to make. No one else's. Truth be told, a 'nice guy' wouldn't be able to pull off what GS is doing. We can only hope that he pulls off his plan and keeps his word.

It could happen in October or later... but my better sense says that it WILL happen. I just don't know when, exactly.

If you own shares, keep them. If you can buy more shares, take advantage of these very low prices. If you can't hang on any longer, then best move on.

Whatever you do, don't waste your life away bashing GS like some have here. It's not worth it. It will happen, when it happens. Not sooner.

JMHO

You and I both know that he can regain his 'prestige' with one tweet. Be patient.

George has lost the prestige he used to carry. He may very well be a laughingstock in some circles now. So even though he still has a lot of followers, he has to produce results now to regain any clout like he used to have.

The only question is when! Things are looking very unstable geopolitically, and elections are coming up in just a month. Will October be the right time?

Will he put himself away also?

FACT: GS is putting OTC crooks away, one by one.

LIKELY: When he's done, he'll release his own tickers within an OTC that actually functions.

REALITY: OTC has always been a den for thieves. GS is cleaning house. It won't be pretty. It may take some effort but in the end, it will be worth it.

If you can't see what's happening, you may repeat your screw up with TSNP, once again.

Are you so naive and gullible to believe the nonsense. The guy posting on Twitter is another clueless pumper.

"I am starting to think that 99% of OTC plays could be outright scams. Trifecta+ once closed will probably be the only legitimate tickers out there. Hoping they
will usher in a new era of 0TC that is respectable and legitimate."

99% of the OTC stocks are scams including all of the Sharp shells.

What a clown Trifecta+ all have failed. How are the Sharp shells legitimate - Sharp has been pumping them for 3 years and FORW for 6 years.

Why hasn't Sharp closed anything in 3 years on the Trifecta - because no real company has ever used a hijacked shell to go public.

IG

Sharp is Persona Non Grata with the SEC, FINRA and the OTCM.

This is hilarious - "GS is cleaning house at the OTC just as Israel has been getting rid of known terrorist leaders in the Middle East. The expected outcome will be similar for both, a new world order. When he's done, we could very well see an OTC that actually functions the way it was originally intended by attracting valid investments, while rejecting the notorious crooks."

You mean crooks like Sharp.

You toss out ridiculous statements but never provide any facts.

How is Sharp cleaning house at the OTC?

You don't seem to understand that the SEC and FINRA regulate the Over-the-Counter (OTC) market.

So Sharp is cleaning up the SEC and FINRA. LMAO!

You really are clueless:

"I don't think we can appreciate his ire nor to what extent he plans to go with this efforts. One thing for sure is that he is raising the bar for future OTC companies including his own."

Sharp didn't have any part of the changes in 2021 of Rule 15c2-11.

You have never had any credibility and proved it once again with more nonsense:

"If he succeeds in changing the negative perception of the OTC to a positive one and positions his own tickers as initial examples, then it will all have been well worth the wait."

Sharp is part of the problem not part of the solution.

The 3 hijacked shells still haven't had 15c or Form 211 filed for any of the 3 hijacked shells - GOFF/WNFT, SRNW and GVSI.

Explain in detail how Sharp is GS is cleaning house at the OTC - you aren't smart enough to understand that the OTC is governed by the SEC and FINRA.

You really are living in pinky fantasyland.

IG

GS is cleaning house at the OTC just as Israel has been getting rid of known terrorist leaders in the Middle East. The expected outcome will be similar for both, a new world order. When he's done, we could very well see an OTC that actually functions the way it was originally intended by attracting valid investments, while rejecting the notorious crooks. Imagine that!!

Personally it was not what I expected from GS, but frankly the GVSI incident must have felt like the Oct 7 massacre to him. I don't think we can appreciate his ire nor to what extent he plans to go with this efforts. One thing for sure is that he is raising the bar for future OTC companies including his own. If he succeeds in changing the negative perception of the OTC to a positive one and positions his own tickers as initial examples, then it will all have been well worth the wait.

So far his progress has been notably stellar. What remains to be seen is how much further does he plan to go before calling a 'peace treaty'. My personal guess is sooner than later... (i.e. 2024)

JMHO

Hi MrSmih18, did you see the tweet below from GS? Any thoughts on the implications on his deals? Thanks!

And again, want to say I appreciate your answers here. There's a lot of noise (hint: use the block feature) but I've always found your answers to be interesting and engaging.

It definitely makes it difficult for guys trying to do legitimate business on the OTC.— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) September 30, 2024

It's not illegal, bozo. LMAO!

So you are a Google researcher but oddly you never post your DD.

I know many OTC investors can't focus long enough to read my real DD.

There isn't any SEC rules that state warrants can be reinstated - actually your statement doesn't make sense.

Why don't you post a link to the Warrant Issuance Agreement - and don't forget the nonsense about reinstating warrants. LOLOL!

From Nasdaq:

"The expiration date is the date on which the stock warrant expires. Once a stock warrant expires, it is no longer valid, and the holder loses the right to buy or sell the underlying stock at the exercise price.Aug 3, 2023"

I post facts and you post fabricated information from pinky fantasyland.

IG

It is a related party transaction with Sharp being the CEO of both companies. Shareholders can't vote on warrants.

Both companies the buyer and seller would have to amend the Warrant Issuance Agreement - but Sharp is the CEO of both companies makes this illegal.

You are clueless about securities law.

IG

OTC Wiz 101 - How-to-run-your-OTC-stock-into-the-ground. Just ignore your shareholders and bash other OTC CEOs for the losses their shareholders are taking. Don't issue any updates for months or years and tell your shareholders you don't care. Sure formula for successful bashing your own stock into oblivion.

Not what I said. Read it a few times. Maybe, just maybe it will sink in. Hint: Read the entire sentence, not just the excerpt you want to bash.

Dude, I just Googled it. Nothing more. It's not than complicated. You can do it too, if you try. ...but first, get off your soap box because no one is reading your posts, including me. They are too long and full of hate.

That is a related party transaction and it is illegal since Sharp is the CEO of each company.

This is too funny - what a novice.

"I didn't go much deeper into this issue but assume that the decision to extend the period can be done internally with no need to refile. However, if the warrant is allowed to expire or the striking price modified, then reissuing a new one would require an S-1/A registration."

First the warrants are converted into common stock - so there isn't any need to file a S-1 and you have to first file a S-1 because a S-1/A means the S-1 has been amended.

Show where a S-1 has been filed concerning the warrants.

This proves you are clueless about securities law.

IG

That is exactly what I expect from a OTC pumper boy. Of course you never answer and question or post your DD to prove what has been posted isn't accurate.

You make can only respond with 5th grade attacks.

You posted without citations the following:

"I found it in an excerpt explaining SEC laws. What it says would apply to FORW and SRNW. Sorry for any confusion. It was unintentional."

Then post a link to SEC laws regarding the reinstatement of warrants.

What exactly did it say that applies to FORW and SRNW?

I can't find the Warrant Issuance Agreement - just Sharp yammering about in a paragraph in the financials - in a very shady related party transaction.

Here is an example of a Warrant Issuance agreement:

https://www.sec.gov/Archives/edgar/data/821483/000119312512385136/d408010dex44.htm

Since you are Sharp's little pumper boy - where is the Warrant Issuance Agreement?

It seems you blindly believe anything Sharp posts.

IG

I see your great DD skills refute everything negative. You are brilliant!

Time for your meds, I see.

Then post a citation about - "I went back and looked thru the past few filings and couldn’t find anything pertaining to changing warrants."

Your pitiful response was:

"I found it in an excerpt explaining SEC laws. What it says would apply to FORW and SRNW. Sorry for any confusion. It was unintentional."

So far you haven't posted any facts - can't you remember were you read it - was it from the script Sharp provides you.

Just more of your nonsensical pumping.

Warrants are securities - if they can be exercised they are dilutive.

Technically such cancellation goes against the basic nature of the instrument itself – which means that once warrants are issued, there are only two possibilities – conversion, or forfeiture of consideration (if there is no conversion).

There isn't anything about reinstatement of a warrant.

I can't find the Warrant Issuance Agreement - just Sharp yammering about in a paragraph in the financials - in a very shady related party transaction.

Here is an example of a Warrant Issuance agreement:

https://www.sec.gov/Archives/edgar/data/821483/000119312512385136/d408010dex44.htm

IG

I found it in an excerpt explaining SEC laws. What it says would apply to FORW and SRNW. Sorry for any confusion. It was unintentional.

@MrSmith18. I went back and looked thru the past few filings and couldn’t find anything pertaining to changing warrants. Is that an SEC law you found or is it in a filing I missed? Thanks, and avoid the ‘noise’ here!!

Smith is clueless about securities law.

You posted:

"The other issue I foresee with extending the warrants is this: FORW S-1 is being reviewed right now for SEC approval. They've already made a few amendments. If they extend the warrants, doesn't that mean they need to file another S-1/A just to redo the warrant terms? And wouldn't this through a huge wrench in the S-1 approval process, thereby delaying it?"

Post your proof - "FORW S-1 is being reviewed right now for SEC approval."

The S-1 was filed 9 months ago - then he amended the filing over 5 months ago.

There was The Nigerian Diaper Scam - BEMAX got their S-1 deemed effective in 2 months and 18 days. But Sharp can't get the FORW S-1 deemed effective in 9 months.

This means there is a problem. Bemax filed their S-1 and the SEC deemed it effective in 2 months and 18 days but Sharp can't get the FORW S-1 in 9 months.

And oddly no updates from Sharp.

IG

Thanks MrSmith18. Which filing was this from? I didn't see it on the FORW S-1 or on the SRNW 10-q.

This might help answer your question...

The Company reserves the right, at any time and from time to time, as determined by its Board of Directors, to extend the expiration date of the Warrant Certificates one or more times ... at least 30 days prior to the then expiration date of the Warrant Certificates.

I didn't go much deeper into this issue but assume that the decision to extend the period can be done internally with no need to refile. However, if the warrant is allowed to expire or the striking price modified, then reissuing a new one would require an S-1/A registration.

My guess is that GS will extend the period 30 days prior, if necessary.

Pumpers can't be educated as they do not understand facts. Only Hopium!