FDCTech Inc (PK) (FDCT) Quote

Somebody here got an email response several weeks ago, and they blew sunshine up their a** and said, “Soon…blah blah blah”….Well…nothing came of that. So, why should this new email response be anything different?

Yep

5 weeks is unacceptable.

Or…everybody will be fed up and will sell the second something is released for fear that they’ll go quiet again. We’ll see

By the time they get something put out... all 9 people who follow this are going to go nuts.... they alone will drip the price up to .03 🤣

Thx. Hopefully they’ll take your suggestion or follow through with a PR soon

FDCT $28m in cash and a MC of $10m thats exciting to me, can run past dimes in a day

No changes.
https://www.otcmarkets.com/stock/FDCT/security

Maybe I missed something but nothing to get excited about imo.

https://x.com/AlchemyMarkets_ 41 Following
15 Followers https://alchemymarkets.com/

Probably. Do you have a link?

You must be looking at the wrong alchemy markets

i emailed back telling him his response would make a great tweet. 🤣

Thanks. Not finding any posts on the site. 2 followers?
Possible service interruptions again on X?

Ok thx. Not sure why they won’t tweet anymore

I just emailed and got a response;

"It’s been a month without any corporate communication. Have you closed up shop?
I’m unsure why FDCTech, Inc. is not supporting shareholders or share price. We made a solid move to .15 and gave it all back, now we’re falling through .02 on No volume.
Please respond. Thank you!"

"Hi,
We are working with the transfer agent to get things ready to go back to otcqb. Hope to have updates soon."

https://x.com/AlchemyMarkets_

Link please? Tia

you would think... maybe they could comment on that.

It all depends on what criteria is being evaluated here. The stocks performance, versus what the company has accomplished and working towards, will determine the sentiment. MMS got most jaded and focused on the immediate short term. It's what they do.
Regardless of the current stock performance, there's no substantive evidences of a failed business here, or justification of present valuations.
Just my take.

Alchemy markets starting to post lots on X that has to be a good sign

I'm not sure stating what we're seeing based on the information we have is "doom and gloom".

Right on schedule eh? More doom and gloom. High beta volatility. Not for all traders.

Yep. And that’s exactly what’s happening

The MACD was about to cross over but nope…they simply refuse to speak. Guess there’s nothing for them to say

Unreal. I’m beginning to think these clowns took off

Why wouldn't we get updates?

Unfortunately “tick tock” without updates means we’ll break down.

Tick tock...
https://stockcharts.com/sc3/ui/?s=FDCT

No change.
https://www.otcmarkets.com/stock/FDCT/security

Markets waiting on news here. Something's a brewing imo.
Patience...

I keep thinking this will be our week...I must admit, i did attach to the 45 day quiet period. Having a hard time justifying the continued silence.

On the last transferring of shares, restricted , unrestricted, and outstanding were all increased. The increase from the restricted. 353 to 381.

This was enjoyable but I have to run...dont want you thinking I just ignored any response you may put up... 👍️

Preferred shares are not what needs to be used. The balance must come from shares with in the OS... Preferred shares are not registered and are not part of the Outstanding share balance. To get the 10% qualification the shares must be registered shares.

We're talking about two different topics. I'm not questioning the share transferring process. I'm talking about the compensation to the insiders for providing those shares at these levels.
If I'm asked to provide my preferred shares at this juncture, I'm deliberately sacrificing my compensations for those preferred shares. Why would they not want a future remuneration for providing the early liquidity?
Hope that helps clarifying my view point.

Its the same exact process, I have been on one public company BOD and have been issued restricted shares for Consulting work done (both QB stocks) both positions have issued me shares as part of my compensation package... removing the Stamp is the same process for anyone who has restricted shares, be it BOD, CEO or insiders with excess of 4.9 % total share count. Anyone who is really wanting to know the process can call the Transfer agent their number is on their web page they will answer the question for you

https://www.globextransfer.com/

I'm referring to the Insiders restricted issuance of those preferred shares and the compensation or adjustments to the issuer for the outstanding increase. They're restricted shares in lieu of services,salaries, ownership etc and providing future remuneration for those shares.

The share transfer is that easy...its done by the Transfer Agent and requires an Attorney Letter to be sent to the Transfer Agent from the holder of the restricted shares requesting that the Restricted label be removed... if the person sending the letter is not an office of the company then the company simply has to notify the TA that they are in agreement to have the Restricted stamp removed and unrestricted shares sent to the person or forwarded to their broker. There is a fee by the transfer agent to get this done and also in most cases the attorney will have a fee for sending in the letter informing the TA that the shares were lawfully purchased.

It does not take much longer than a week to ten days. The Email I sent to them concerning the warning, which is directly tied to the Restricted to Unrestricted rule was on February 12 and Mitchell replied to me that same day that they would be working on it.

Search Labs | AI Overview
Learn more
To remove restrictions on your stock shares, a transfer agent needs an opinion letter from the issuer's legal counsel stating the securities are eligible for public sale under Rule 144 or another exemption.
Here's a more detailed breakdown:
Restrictive Legend:
A restrictive legend is a label on securities acquired in a private, unregistered sale, indicating they cannot be resold publicly unless the sale is exempt from SEC registration.
Transfer Agent's Role:
The transfer agent is responsible for maintaining records of a company's securities and removing restrictive legends.
Issuer's Consent:
The transfer agent will not remove the legend without the issuer's consent, typically in the form of an opinion letter from the issuer's legal counsel.
Rule 144:
If the securities are eligible for public sale under Rule 144, the opinion letter will confirm this.
Process:
Contact the company that issued the securities or the transfer agent to inquire about the legend removal process.
Obtain the necessary documentation, including the opinion letter from the issuer's legal counsel.
Submit the documentation to the transfer agent.
Once the legend is removed, the securities can be sold in the public market.
Consult Professionals:
If you are considering acquiring or selling restricted securities, it's wise to consult with an attorney specializing in securities law.

The new Golden Age approves of harsh criticism. Mitch approves of the Golden Age. Therefore, Mitch approves of harsh criticism.
Mitch has zero tolerance for Karens.

I avoid investment advice when posts are balanced and not consistently biased and suggestive of fraudulent activities.
As for the transference of shares, I don't think it's just that easy as you suggest. There may well be documents that need to be amended or newly created for the shares to be transferred. Legalese oftentimes take time. As for the march 4th window, the 45 days could be restricted to business days, excluding weekends. While I can't be certain on the exact timeline, I can confidently say that they'll announce the results of the LOI.
All view points are welcomed. I'm not a restrictive or censoring monitor.
Just my take.

A little friendly advice if I may.. I am in this and I am in it with a significant investment... mostly from averaging down... but I also prefer to see and hear what investors are thinking on both sides of the fence... you sir have been a one man super positive poster ( not going to use the word pump because your not doing that) You stated in Feb that they would put something out by March 4 and then again you stated you were hopeful the 10th would be the 45 day mark on the LOI ... you daily post that they are not diluting and that the numbers have not changed... all of that is good information and you can not be held accountable for them not putting out the info you thought was coming.

But its not your place to tell people to move on because they are frustrated with a company that has done the following
1. Come of of the Expert Market and drop multiple PRs on all of the positives they have accomplished
2 State they are doing acquisitions and intend to move up to a higher exchange
3. Reply to not just one or two emails from investors but over a dozen people have received personal replies to questions.
4 Inform investors they would be correcting issues with the OTC concerning the 15c2-11 SEC issues

With all of that the stock came out at 01 and shot to .15 then with no warning everything stopped... only one PR and it was a redundant PR about moving up. But for almost 3 full weeks no emails have been answered and the issues with the OTC are still there.. The issue is with the Restricted and Unrestricted shares... them not being able to move shares from the restricted side of the ledger to the unrestricted is not a 3 week process.

The volume has dried up here because the company has dried up as far as communication is concerned, so if there are frustrated investors I am pretty sure they have the same right to voice their concerns about the current status of the company, just as you have the right to point out the positives...

Again not trying to push an issue or get some ranting and raving on both sides going, just asking that we all give the other guys a chance to speak with out badgering them.

Good Luck To All Here

Yep and it'll deliver a nice reward. The OTC sector money flows increasing to. Froth off the big caps trickling in IMO.

FDCT patience pays here big time I believe

Then focus on what's been accomplished and give them the latitude to deliver again.
The company didn't go through all the expenses and efforts to sham scam investors.

I’m holding out to see what happens. I’m simply stating a fact. They need to finally say something…and soon

Sell and move on. Hopefully you'll find the right investments.
Good luck.

Hopefully you’re right. They’ve been extremely quiet. That tends to spook people, because a lot of otc so-called ceos simply disappear after lots of scam filings and pr’s

I'm glad they decided to go through the audit process, filed to regain compliance, announced a full acquisition, filed an 8k for uplist, began transferring shares for regaining the QB status, built a revenue generating international brokerage, a unique platform called Condor, didn't take the company private, allowed me to be a long-term shareholder, with the possibilities of future dividends, at these low prices.
We're on the eve of news and possibly Additional acquisitions??
There's a lot here to keep in mind. Don't let the shenanigans distort or define what we own.
Just my take.

too bad, considering we're waiting on an unrestricted change...