FDCTech Inc (PK) (FDCT) News

well said... of course with the big moves we've attracted traders, flippers etc... this is one of the best "value" investments in this arena. This clear and simple fact will give way to long term holders. FDCT

No use talking to a wall 

imo 

They are in the process of getting the OTCQB status back up... if you look at the Overview page you will see a Warning for this stock...that is there as they are still waiting on the Q to be filed for 12/31/2024 and with that filing will come the Attorney Letter and they will then be back to Audited Financials... as you know they have just come off of the Expert Market and there is still a lot of in house work to get completed... they are selling for over a "penny" and have had a minimum bid of over a penny since coming back on the Pinksheets... not being listed as a OTCQB is a formality not that they dont qualify, when sent to the EM they were a QB stock.

But they are also building the business back up and doing these acquisitions... there is a lot to do and for me focusing on revenue and expansion is a bit more important then Pinksheet Current or OTCQB status.

TJ in your day $25 was worth $25
Today things that cost $600 were $25 back in your day.

News incorrectly posted: OTCQB
Correction: OTC PINK

I think they should do a news correction, this time the old timers that bought pink sheet stocks would jump in

LOL That’s so true. It’s shocking what younger people are willing to pay for things these days. Then they turn around and complain that things are ‘too hard’ and it’s ‘impossible to make it in this economy’ etc etc

exactly,,, all part of the bigger picture.

We seem to still be cleaning out the flippers from the 02 to 05 run up on the 15th and 16th of Jan and then again from 05 to to .11 on the 16th and 17 ... from the 17th on everyone holding paid anywhere from .11 to .14, with a few dips back to .07 along the way...

That has created people wanting to get in at 05 and they are waiting for it to drop back down there... I dont see that happening because far to many are holding above the 07 range and are not going to sell for a loss.... well one would assume that wont, but the OTC traders of today are a bit different then us "Old Guys" These traders will pay $600 to see Bob Segar, I paid $25 for Floor Seats in my day. LOL

Good Luck 10th

I would encourage anyone who is interested in buying into this stock to read, not glance, but read the financial statement that was posted on the OTC for the Q ending Sept 30 2024. If you want to know what is going on with FDCT and what their plans are read it. If you just want to see if the PPS is going up so you can buy and flip, dont read it as you dont really care. But if you are going to flip then you should read this section from that filing.
https://www.otcmarkets.com/filing/conv_pdf?id=18078265&guid=eJ0-keCfOs_WJth
.
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand, deposits held with banks, and other short-term, highly liquid investments with three months or less of original
maturities. On September 30, 2024, and December 31, 2023, the Company had $27,989,417 and $31,316,461 cash and cash equivalent held at the financial
institution.
F-12

Accounts Receivable
Accounts Receivable primarily represent the amount due from four (4) technology customers. In some cases, the customer receivables are due immediately on
demand; however, in most cases, the Company offers net 30 terms or n/30, where the payment is due in full 30 days after the invoice’s date. The Company has
based the allowance for doubtful accounts on its assessment of the collectability of customer accounts. The Company regularly reviews the allowance by
considering historical experience, credit quality, the accounts receivable balances’ age, and economic conditions that may affect a customer’s ability to pay and
expected default frequency rates. Trade receivables are written off at the point when they are considered uncollectible.
At September 30, 2024, and December 31, 2023, the Management determined that allowance for doubtful accounts was $22,382 and $21,526, respectively.
There were $0 and $10,500 bad debt expenses for the nine months ended September 30, 2024, and 2023.
Sales, Marketing, and Advertising
The Company recognizes sales, marketing, and advertising expenses when incurred.
The Company incurred $1,211,724 and $610,274 in sales, marketing, and advertising costs (“sales and marketing”) for the nine months ended September 30,
2024, and 2023. The sales and marketing costs mainly included travel costs for tradeshows, customer meetings, online marketing on industry websites, press
releases, and public relations activities. The increase in sales and marketing expenses is mainly due to the increase in promotional marketing costs for our
brokerage business during the nine months ended September 30, 2024.
The sales, marketing, and advertising expenses represented 6.67% and 8.78% of the sales for the nine months ended September 30, 2024, and 2023.
Revenue Recognition
On January 1, 2019, the Company adopted ASU 2014-09 Revenue from Contracts with Customers. The majority of the Company’s revenues come from two
contracts – IT support and maintenance (‘IT Agreement’) and software development (‘Second Amendment’) that fall within the scope of ASC 606.
The Company recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration the Company
expects to receive in exchange for those goods or services as per the contract with the customer. As a result, the Company accounts for revenue contracts with
customers by applying the requirements of Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (Topic 606), which includes
the following steps:
? Identify the contract or contracts and subsequent amendments with the customer.
? Identify all the performance obligations in the contract and subsequent amendments.
? Determine the transaction price for completing performance obligations.
? Allocate the transaction price to the performance obligations in the contract.
? Recognize the revenue when, or as, the Company satisfies a performance obligation.
F-13

This is from the last Financial statement that was filed ... I am pretty sure the information here is what your talking about OS... These acquisitions are not the same as the one announced today... But do contain the numbers you were talking about in your previous post:

Completed Acquisitions.

On December 22, 2021, the Company entered into a Share Exchange Agreement (the “Agreement”) with AD Financial Services Pty Ltd ACN 628 331 117 of
Level 38/71 Eagle St, Brisbane, Queensland, Australia, 4000 (“ADFP” or “Target”). According to the Agreement, the Company acquired 51% of ADFP’s
issued and outstanding shares of capital stock in exchange for 45,000,000 (the “Consideration”) newly issued “restricted” common shares. The operating and
licensed entity of ADFP is AD Advisory Services Pty Ltd. ADFP owns one hundred percent (100%) equity interest in AD Advisory Services Pty Ltd (“ADS”).
As a result, the Company is 51% the owner of ADS. The Company closed the acquisition on December 22, 2021, and combined the financial statements of
ADS in its annual report, 10-K, filed with the SEC on March 28, 2022..

On December 31, 2022, the Company announced the sales purchase agreement (“Agreement”) under which the Company acquired a 50.10% equity interest in
New Star Capital Trading Ltd., a British Virgin Island company (“New Star”) and its operating subsidiary Alchemy Markets Ltd. (“AML”), formerly known as
NSFX Ltd (“NSFX”). AML is an investment firm regulated by the Malta Financial Services Authority (MFSA).
The Company assumed a business acquisition loan liability of $350,000 to purchase the controlling interest in AML. To comply with the BVI Companies Act
requirement for the change of ownership, the company amended the agreement to September 30, 2023. The Company closed the acquisition as of September
30, 2023, and consolidated the fair value of AML’s assets and liabilities from September 30, 2023.

The Company completed the acquisition of the remaining 49.90% of the issued and outstanding shares of Alchemy Markets Holdings Ltd (Alchemy BVI),
formerly known as New Star and its subsidiary AML on November 30, 2023 (“Acquisition Date”), from Alchemy Prime Holdings Ltd. (APHL), through an
exchange for 833,621 Series B preferred convertible stocks (“Series B Preferred Stock”) valued at $1,175,406..

The Company”) completed the acquisition of 100.00% of the issued and outstanding shares of Alchemy Prime Limited (“APL”) on November 30, 2023
(“Acquisition Date”) from APHL, through an exchange for 966,379 Series B Preferred Stock valued at $1,362,594.
Mr. Gope S. Kundnani (“Kundnani”) is the (sole) natural person holding one hundred percent (100%) shareholding in the APHL. Kundnani (“Control Person”)
is also a controlling shareholder in the Company.

No movement on this news?

FDCTech, Inc. Announces Acquisition of Alchemy Global to Expand Market Presence in the Middle East and Asia
The Company is strengthening its balance sheet, achieving profitable growth, and establishing a global footprint with strategic market expansion.

Irvine, CA, Jan. 23, 2025 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech-driven company specializing in acquiring and integrating small—to mid-size legacy financial services firms, announced the signing of a Letter of Intent (LOI) to acquire Alchemy Global Ltd. (“Alchemy Global”), a Seychelles-registered securities dealer authorized by the Financial Services Authority (FSA) under license number SD136. The acquisition is a strategic move aimed at establishing a significant presence in the Middle Eastern and Asian markets, with the deal expected to close by the third quarter of 2025, subject to customary closing conditions and regulatory approvals.

Transaction Highlights:

Acquisition Structure: FDC intends to purchase 100% of Alchemy Global's shares, with the purchase price comprising Own Funds Capital and a premium of $2,000,000 minus the Own Funds Capital.
Strong Financials: For the nine months ending September 30, 2024, Alchemy Global reported revenues exceeding $4.00 million, a net income of $2.2 million, net assets of $3.88 million, client funds of over $6.7 million, and a working capital surplus of $3.80 million.
Strategic Value Addition: Post-acquisition, FDC plans to integrate its proprietary trading platform and advanced risk management systems into Alchemy Global, enhancing client offerings and operational efficiency.
Rationale for the Acquisition:

The acquisition of Alchemy Global is strategically aligned with FDC’s objective to expand its market footprint in emerging economies with high growth potential. The Middle East and Asia represent untapped opportunities in the financial trading and brokerage sectors, driven by increasing demand for innovative trading solutions. Alchemy Global’s established presence and regulatory credentials in Seychelles provide a credible platform for FDC to enter these markets seamlessly.

Seychelles: A Premier Jurisdiction for FX Brokers

Seychelles has emerged as a reputable jurisdiction for financial and securities dealers, offering a robust regulatory framework under the oversight of the Financial Services Authority. Major global brokers, including Plus500, XTB, and eToro, conduct business in Seychelles, leveraging its business-friendly policies and strategic location. This makes Seychelles a highly attractive base for Alchemy Global’s continued growth and FDC’s expansion strategy.

Please visit our SEC filings or the Company's website for more information on the full results and management's plan.

About Alchemy Global Ltd.

Incorporated in November 2022, Alchemy Global has quickly established itself as a competitive player in the securities trading industry. The company’s financial stability, operational efficiency, and commitment to client satisfaction make it an ideal partner for FDC’s ambitious growth plans.

FDCTech, Inc.

FDCTech, Inc. ("FDC") is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages and prop and algo trading firms of all sizes in forex, stocks, CFDs, commodities, indices, ETFs, precious metals, and other asset classes. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients.

Who do you think put most of the information on this ihub intro for FDCT?
I have been here since 4/29/2021
Just because you don't like what someone post you call them a clown.
You think someone posting is looking for cheaper shares? LOL is that what you do.

They put this out on the 8th and they own this and are now acquiring Alchemy Global .
.
Irvine, CA, Jan. 08, 2025 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech-driven company specializing in acquiring and integrating small—to mid-size legacy financial services firms, announced its operational results for the period ending September 30, 2024. The company showcased the expansion of its brokerage businesses in the European markets through its wholly owned subsidiary, Alchemy Markets Ltd. (AML) in Malta.

Key Highlights as of September 30, 2024: AML (Alchemy Markets Ltd)

AML acquired approximately 2,631 clients from Next Markets, transferring €5.6 million in client equity. The newly acquired clients are primarily German retail investors trading Contracts for Difference (CFDs) and equities through the Gettex exchange. This acquisition marks Company's official entry into the German retail market.
AML acquired 35 clients from a Cypriot-based brokerage, transferring approximately €800,000 in client equity. Most of these clients are French-speaking, establishing the Company's foothold in the French market.
AML has also secured authorization in terms of article 6 of the Investment Services Act, Chapter 370 of the Laws of Malta to offer equities and money market securities, enabling the Company to provide stocks and interest-yielding products. This authorization positions the Company to grow its asset base on deposits and expand its product portfolio.

It appears that the deal you are referring to was a different company, and was based in the UK... if you look at the names they do have Alchemy in common but from there they differ... I would venture to say that the UK deal fell thru and is now being picked up as a deal for Alchemy Global not Alchemy Group. With as much as FDCT has gone thru since the end of 2023 and 2024 and then coming off the Expert Market I am going to say this is a completely different acquisition. We will just have to wait and see as the close is set for Q 3 on this one. Also from what you posted and what is in the PR this morning, its a completely different platform as well. Dont think they are the same in any way...

It appears that the deal you are referring to was a different company, and was based in the UK... if you look at the names they do have Alchemy in common but from there they differ... I would venture to say that the UK deal fell thru and is now being picked up as a deal for Alchemy Global not Alchemy Group. With as much as FDCT has gone thru since the end of 2023 and 2024 and then coming off the Expert Market I am going to say this is a completely different acquisition. We will just have to wait and see as the close is set for Q 3 on this one. Also from what you posted and what is in the PR this morning, its a completely different platform as well. Dont think they are the same in any way...

I thought FDCT already owned Alchemy Global Ltd
I knew they owned 49% for a long time now.
I had thought they had already had the other 51% by now but I guess they are still working on getting the other 51%

Either way it seems like FDCT will get the other 51% by the end of 3rd Quarter 2025

FDCTech, Inc. Announces Acquisition of Alchemy Global to Expand Market Presence in the Middle East and Asia
The Company is strengthening its balance sheet, achieving profitable growth, and establishing a global footprint with strategic market expansion.

Irvine, CA, Jan. 23, 2025 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech-driven company specializing in acquiring and integrating small—to mid-size legacy financial services firms, announced the signing of a Letter of Intent (LOI) to acquire Alchemy Global Ltd. (“Alchemy Global”), a Seychelles-registered securities dealer authorized by the Financial Services Authority (FSA) under license number SD136. The acquisition is a strategic move aimed at establishing a significant presence in the Middle Eastern and Asian markets, with the deal expected to close by the third quarter of 2025, subject to customary closing conditions and regulatory approvals.

Transaction Highlights:

Acquisition Structure: FDC intends to purchase 100% of Alchemy Global's shares, with the purchase price comprising Own Funds Capital and a premium of $2,000,000 minus the Own Funds Capital.
Strong Financials: For the nine months ending September 30, 2024, Alchemy Global reported revenues exceeding $4.00 million, a net income of $2.2 million, net assets of $3.88 million, client funds of over $6.7 million, and a working capital surplus of $3.80 million.
Strategic Value Addition: Post-acquisition, FDC plans to integrate its proprietary trading platform and advanced risk management systems into Alchemy Global, enhancing client offerings and operational efficiency.
Rationale for the Acquisition:

The acquisition of Alchemy Global is strategically aligned with FDC’s objective to expand its market footprint in emerging economies with high growth potential. The Middle East and Asia represent untapped opportunities in the financial trading and brokerage sectors, driven by increasing demand for innovative trading solutions. Alchemy Global’s established presence and regulatory credentials in Seychelles provide a credible platform for FDC to enter these markets seamlessly.

Seychelles: A Premier Jurisdiction for FX Brokers

Seychelles has emerged as a reputable jurisdiction for financial and securities dealers, offering a robust regulatory framework under the oversight of the Financial Services Authority. Major global brokers, including Plus500, XTB, and eToro, conduct business in Seychelles, leveraging its business-friendly policies and strategic location. This makes Seychelles a highly attractive base for Alchemy Global’s continued growth and FDC’s expansion strategy.

Please visit our SEC filings or the Company's website for more information on the full results and management's plan.

Hit the ask if you want shares clown 

imo 

Same old News: FDCTech Provides Updates on the Definitive Agreement for the Acquisition of Alchemy Group Companies and Direct Investment
Press Release | 12/07/2023
The Company updated the Acquisition Date to November 30, 2023, for full ownership of Alchemy Prime Ltd. (Alchemy UK) and the remaining 49.90% stake in Alchemy Markets Ltd. (Alchemy Malta) for Series B Preferred Stock, valued at $1.41 per share.

The Company will receive $2,500,000 in direct investment from Alchemy Prime Holdings Shareholder for Series A Preferred Stock, valued at $1.00 per share.

The Company will receive $5,500,000 in direct investment from Alchemy Prime Holdings Shareholder for Common Stock valued at $0.11 per share.

Irvine, CA, Dec. 07, 2023 (GLOBE NEWSWIRE) -- FDCTech, Inc.

Old News?? correct me if i am wrong but isn't that old news

FDCTech Signs a Binding Letter of Intent to Merge with Alchemy Group
Press Release | 09/28/2023
The Company plans to acquire 100% of Alchemy Markets DMCC (UAE), 100% of Alchemy Prime Ltd. (UK), and the remaining 49.90% of Alchemy Markets Ltd. (Malta).

Post-merger, FDCTech shall provide global institutional liquidity and multi-asset trading solutions backed by its proprietary, regulatory-grade technology.

Irvine, CA, Sept. 28, 2023 (GLOBE NEWSWIRE)

News is out

https://finance.yahoo.com/news/fdctech-inc-announces-acquisition-alchemy-133000824.html

Good idea if you listen to all of us who own some already 

I think i will buy some tomorrow looks good

I'm pretty sure that's a good problem... my account swings pretty hard after a year here... not complaining.🤣

I am getting my fair share of them but just in small lots. I must say though they are beginning to add up. 

Yep. I’ve been noticing that. It’s been happening since the beginning of this big run.

FDCT these are all golden tickets here load load load

exactly... all's it takes if for one decent sized buyer to decide this is the strike price. We know news is coming, don't flinch.

notice everytime it get's a dip those shares get scooped up quickly.

right the volume today is low compared to the past week... it will bounce back up as fast as it went down... and the ASK will remain low too. Any update and its back to the 52 week high of 14+

getting knocked down on little trades...

Tapping the 200ma on 20 day 1 HR. Nice bottom handle. MMS tag team working it.

expecting more updates shortly...

Gap to .14,open again with 12 on the bid. See if it has stronger legs today.  Perfect day for a news updated. Fact of no dilution could also be a factor in a continued upward movement trend 

They updated the OTC and there is no change in the Security Structure. 

In other words no dilution since the previous update on 12/28 to this ne update of 1/21

FDCT SECURITY DETAILSShare StructureMarket Cap 46,870,16701/21/2025Authorized Shares500,000,00001/21/2025Outstanding Shares390,584,72901/21/2025Restricted355,361,59701/21/2025Unrestricted35,223,13201/21/2025Held at DTC33,870,13201/21/2025Float41,525,02703/13/2024Par Value0.0001

Awesome handle today and great share grabs. Your a great trader investor. Kudos!!

FDCT solid ask slapping into close nice recovery, new highs tomorrow and charts reset for next leg

Yes the drop was kind to those who feel like this is just a lull in the eventual rise to 25, 50 and $1 I got some cheaper ones today, even though they raised my average price... I was in at 04 and 05 but dont mind paying more than that on the dip... looking forward to the rest of the week

FDCT lets see them put out news / 8K pre-market open tomorrow and these flippers will never get a chance like that again

nice grabs... FDCT

Added 9 zzzz all good

FDCT looking super thin back up, that was crazzy ass selling by some idiot or plain old MMs trying to scare out weak hands

man anyone that sold .14 and up a gift to reload, I got about 33k added to my stack FDCT

Wow what a dump 
Hopefully I can get some .05 

imo 

Half back fib retrace for the handle explosion Kaboom cometh..

yeap not even 2 milly volume, and more news anytime, leave inpatient sellers behind shortly FDCT

Yep and way below vwap. Got all mine. No hurry, no worries. Just me doing me.

classic low volume walk down.... won't last, grab em' - $FDCT

FDCT Security Details zero dilution / zero toxic, more acquisitions to be announced anytime here
Share Structure
Market Cap Market Cap
42,964,320 not even 2x cash and making millions per quarter this can be .50s in no time
01/17/2025
Authorized Shares
500,000,000
01/20/2025
Outstanding Shares
390,584,729
01/20/2025
Restricted
355,361,597
01/20/2025
Unrestricted
35,223,132
01/20/2025
Held at DTC
33,870,132
01/20/2025 Financial Condition as of September 30, 2024



? The cash on hand was $27,989,417 as of September 30, 2024, compared to $31,316,461 on December 31, 2023, reflecting strategic reinvestments and acquisitions.


? The working capital surplus was $8,557,179 as of September 30, 2024, compared to the working capital deficit of $7,460,959 on December 31, 2023, demonstrating enhanced liquidity and financial strength.


? The net assets were $13,668,296 as of September 30, 2024, compared to $13,010,838 on December 31, 2023.


Three Months Operation Highlights



Q1 2024 (Three Months Ending March 31, 2024):



? The total revenues generated for the three months ending March 31, 2024, and 2023 were $6,376,335 and $1,545,687, an increase of 312.52% from the previous period driven by robust growth in brokerage operations.


? During the three months ending March 31, 2024, and 2023, the Company reported a net income and net loss of $833,445 and $224,374, an increase of net income by 471.45% from the previous period due to gain in forex exchange in the three months ended March 31, 2024.


Q2 2024 (Three Months Ending June 30, 2024):



? The total revenues generated for the three months ending June 30, 2024, and 2023 were $6,129,521 and $1,700,405, an increase of 260.47% from the previous period driven by continued brokerage expansion.


? During the three months ending June 30, 2024, and 2023, the Company reported a net loss of $1,045,275 and $144,187, an increase in net loss by 624.94% from the previous period due to increased operating expenses in the three months ended June 30, 2024.


Q3 2024 (Three Months Ending September 30, 2024):



? The total revenues generated for the three months ending September 30, 2024, and 2023 were $5,673,008 and $3,703,091, an increase of 53.20% from the previous period due to increased brokerage business.


? During the three months ending September 30, 2024, and 2023, the Company reported a net loss and net income of $649,565 and $689,390, a decrease in net income by 194.22% from the previous period due to increased operating expenses in the three months ended September 30, 2024.

FDCT I dont need to sell, most probably dont, a wall doesnt mean u have to sell bid, it just means have a little patience, we know more news is expected anytime and that takes us right to .20s for starters, I can wait for dollars

dont luke lyke it