UnstableElement
3 months ago
I seen that 750k clown at 10 cents lol.
pg 24 latest 10K states
On December 29, 2023, the Circuit Court for Montgomery County, Maryland signed orders entering all three arbitration awards as judgments in Reliabilityβs case against the Vivos Group. These orders became final on January 29, 2024, when the appeal period expired for the defendants. The judgments are good for 12 years and can be enrolled in other states. Reliability has collectible judgments which the Receiver is now eligible to pursue.
Reciever can persue judgements as of 1/29/24.
ars_2014
3 months ago
Dokis resolve their issue, give back shares, lowers O/S and stock would right away trade at .30c+, then company introduces their next acquisition, stock goes through the roof....these are examples of what happened last shell deal. I guess Dokis don't want to make money, holding onto what?? no real buyers, no activity, nothing....they get nothing. Is this how they make money doing nothing??
ars_2014
3 months ago
Additional information from the filing:
Once the Company is able to issue additional shares, we plan to tap the capital markets to pursue an aggressive but disciplined acquisition growth strategy, both in terms of using shares for raising capital and as currency to acquire additional businesses as was our intent when we merged with Reliability in October 2019. We believe that the staffing/EOR segment is fragmented, and while there are several large players in the industry, there are also a sizable number of smaller businesses that would make ideal acquisition targets. These businesses are often limited in geographic scope or are specialized within an industry. Meanwhile, we continue to foster organic growth through new sales to new and existing customers.
At present, the Company does not have any authorized shares that are not issued. No shares are expected to become available to the Company until an amendment to the Company's Certificate of Formation to increase the number of authorized shares of Common Stock or a stock split of the outstanding shares of Common Stock is approved. Such approval may not likely occur until the Vivos Matter is completely resolved. Following the Merger, the Vivos Group, which holds over 80 percent of the issued and outstanding shares of Common Stock, notified the Company that they would not approve an amendment to the Company's Certificate of Formation to increase the number of authorized, but unissued, shares of Common Stock. As a result, the Company has not been able to execute its business plan.
As stated above under "Our Industry," the trend for staffing expertise in the areas of Al, gig, cloud services, VMS/MSP, plus the expected need in fields like biotech and healthcare, are of interest to Maslow. We will
ars_2014
3 months ago
From the 10k filing:
The Arbitration outcome could lead to a new shareholder base where the new affiliated parties decide a different strategic direction for the Company and take appropriate action.
If a new shareholder base is the outcome of the arbitration, a new shareholder base may decide to change the strategic direction of the Company in a significant way. This might include, but is not limited to, capitalization plans, whether the Company remains a public company, merger and acquisition plans, corporate structure, and executive management.
UnstableElement
4 months ago
https://www.otcmarkets.com/filing/html?id=16070018&guid=YId-kFk04llPB3h
States clearly as of award date share price ...
Was 5 cents on that date 8/31/22
"to be satisfied by the transfer of their shares of the Company common stock to the Company equal in value to $1,000,000, valued as of the date of the Award, in accordance with the provisions of Section 9.06(d) of the Merger Agreement;
When they are not able to pay any damages I believe all shares clawed back from Doki parasites will be at 5 cents
Aug 31, 2022 0.0500 0.0500 0.0500 0.0500 0.0500
ars_2014
5 months ago
A group of investors who have a crypto blockchain mining business has already made an offer to Jeff Eberwein to sell it for .25c without Doki trash obviously. They want a clean shell with original outstanding shares minus Doki criminals and those executives who are also holding shares, they want all of them gone and they will buy original shares which I think was around 10-14M shares outstanding, correct me if I'm wrong on the share amount.
Anyway, the offer already went out to him via email and no respond yet so stay tuned. Dokis are wasting their time in all this matter, they are going broke with legal fees, they will learn a big lesson from this.....NO ONE WANTS ANYTHING TO DO WITH THOSE CRIMINALS and they should wake up to those facts. Just look at every stock they were involved in.....triple zeros!!
Also, not sure if you saw those YUGE bids like 10M, 30M and 5M this morning....That's from this investor group, maybe they want to take a YUGE stake so they can get ready for a proxy fight....who knows but one thing I KNOW...The offer was made at .25c
Woooohoooo!!!