Z-trade
3 months ago
It’s really hard to say, like you said, it will take eyeballs…. I know when the buyback started it went from .05 to .35 with just a little volume…. Sat there for a while, then a very low volume slow bleed to below a penny. If it catches enough eyes, it’s just a simple supply and demand issue, with too many people chasing too few shares….. that’d be a fun ride, haha
tdbowieknife
5 months ago
Notices to GHS for up to $10,000,000 in shares of our common stock through the earlier of 24 months from the date of the Financing Agreement or until $10,000,000 of such shares have been subject of a Purchase Notice. If issued presently, the 5,000,000 shares of common stock registered for resale by GHS would represent approximately 40% of our issued and outstanding shares of common stock as of August 14, 2024.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1760026/000121390024071827/ea0212074-posama1_meso.htm
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Buyer Beware
Pump and dump
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tdbowieknife
7 months ago
Looks like FINRA changed the way they process corporate actions last summer. Now they take a much deeper look into the companies records and business. Before last summer they only did this at the request of the SEC or there were obvious red flags. Like with MSSV and Christensen.
Rule 6490(d)(3) lays out the conditions under which an SEA Rule 10b-17 Action or Other Company-Related Action may be considered deficient and hence may not be processed. The rule outlines several factors that FINRA could use to make such deficiency determinations.
Over time, I have occasionally discussed the FINRA corporate action review process, often highlighting concerns about possible regulatory overstepping. However, the fact is that there haven't been any regulatory or rule amendments to the process for many years, and so, there hasn't been much to comment on until now.
Though this may seem like a complaint, it is worth noting that the FINRA corporate action review process has become more stringent than ever before. Even simple corporate actions now take 3-4 months to process, with more complex cases often taking over a year. The extent of review and scrutiny has increased substantially. Companies should anticipate FINRA examining all current and historical corporate records and actions, outstanding debts/liabilities, shareholder records, and business descriptions and plans. Therefore, firms trading on OTC Markets and considering a corporate action should take into account this significant time factor and ensure that all records are properly organized well in advance.
https://www.lucbro.com/news/blogs/detail/9797/updated-finra-regulations-on-corporate-action-notification#:~:text=Though%20this%20may%20seem%20like%20a%20complaint%2C%20it,more%20complex%20cases%20often%20taking%20over%20a%20year.
Doesn't mean they didn't find issues...
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Buyer Beware
Pump and Dump
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SoGozHer
7 months ago
Everyone should reach out to IR before jumpingto false conclusions... they have always shared timely updates with me wheevwr I ask. And maybe some are late to the party, but they made good on LAHO like no one ever did on any OTC that I have ever heard of. That BuyBack saved my bacon. They did buy GSCG, they did consolidate debt, they did grow revenue, they did spin off the Numismatics biz, they did launch Cancun, + more. Pretty sure the PRs at GSCG continues to show promises kept. The name change is live at Nevada Secretary of State, and Yahoo Finance. So if FINRA needs a few extra weeks to sort this out.... giddyup!
tdbowieknife
8 months ago
FINRA can process corporate actions within 10 days if there are no issues.
https://www.aigbelaw.com/securitiesinvestinglawblog/2020/11/19/finra
FINRA and the SEC work together to prosecute issuers when regulatory infractions occur. Because FINRA does not hold the legal authority to prosecute any individual, it actively engages in investigations surrounding market fraud and shares its findings with the authorities that do prosecute. In this way, FINRA plays a vital role in the prosecution of those who violate securities laws. Though its principal mandate is in broker-dealings, FINRA does exercise some oversight on over-the-counter markets, such as OTCQX, OTCQB, OTCBB or pinksheets. FINRA Rule 6490, which was enacted in September 2010, created specific requirements surrounding company changes.
I believe FINRA has been conducting an investigation and that is the reason for the delay and/or denial.
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Buyer Beware
Pump and dump
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AddieMae
10 months ago
🚨 $MSSV
💰0.0360
Pink Current, AS: 100M, OS: 12M, US: 11M
Update Delay: 72 hours
Authorized Shares Updated:
🔴 6,500,000,000 (2024-04-12)
🟢 100,000,000 (2024-04-15)
Difference: -98.5% (-6.4B)
https://t.me/otcupdatesbot?start=forward69144
todd-m
10 months ago
Give the TDA / Schwab representative the LANS Holdings CUSIP number. A CUSIP number is a unique identifier assigned to financial securities such as stocks, bonds, options, and mutual funds. It serves as a standardized way to identify individual securities, making it easier for traders, investors, and regulators to track and trade them. The LANS Holdings CUSIP number is located on the DWAC form from V-Stock. You submitted a copy of this form to surrender your shares. Once you give the representative the CUSIP number, TDA / Schwab should be able to find your historical purchase price and historical shares owned that you are unable to locate.
Also, were your LANS buyback proceeds wired to your TDA brokerage account or were the LANS buyback proceeds wired to a different financial institution such as a bank account outside of your TDA brokerage account?
Thanks for the information; I'll start an aggressive approach to my situation.
My funds were surrendered for payment. I never got a 1099 from TDA nor from the receiver of the shares. I tried several times to get TDA to provide information on the shares that the surrendered, i.e., the shares purchase price and 1099. Seems like TDA placed the share data in a big black hole. I tried to search back years but not dice. I hope to go to Austin, Texas to see if I can get help from them.
Anyway thanks.