MrSmith18
2 days ago
You're assuming that a 'decision' is a final outcome. Based on the numerous delays over a legal technicality that has little to do with the actual case, i.e. Callesse, did he or did he not legally receive shares for fair compensation for questionable services rendered... I'm more inclined to believe that 'the decision' GS refers to and that remains pending will only trigger more wrangling over some other technicality and result in kicking the 'legal can' down the familiar road for another year.
All in all, the outcome in the next 60 days is immaterial based on the uncertain future for NFT's. Let's not forget that WNFT was created to merge with an NFT company that by now would have been growing gangbusters. That never happened and may not for another few years, in my opinion. The widely adoptable use cases for NFT still remain illusive and untested. Like VOIP and USB, NFT will just need more time and money.
There is the unlikely possibility (I mentioned this conspiracy theory months ago), that while WNFT reverted back to the expert markets for a few months earlier this year, GS or members of his team may have used the opportunity to buy up millions of shares for fractions of a penny. If he did, then it's possible that GS plans to give Callesse his rightful shares in exchange for a full release. Of course, we would never learn of these closed door dealings, but the thought did occur to me. If true, GS would stage it that he forced Callesse's hand and won the legal battle in the end.
What he does with the WNFT shell is anyone's guess. He could have some startups on the sidelines ready to sign up, similar to what he was trying to do with GVSI in March, ...or he may change the name again to accommodate a different company. Personally I would guess the former, since he already has SRNW ready and able.
It's just a conspiracy theory based on the inexplicable move to the Expert Markets and back. The excuse to save $40k per year in accounting updates felt like a cover when the company was reinstated only months later. During the EM period we do know that the pps dropped significantly and that someone picked up some very cheap shares. It could have been a savvy MM or GS himself. Who knows?
JMHO
I-Glow
3 days ago
I guarantee you pumper boy that Sharp will never bring a real company to the table for a merger.
There has never been a real company use a hijacked shell like SRNW to go public.
Sharp owned warrants ($2,000,000) of TSNP/HMBL but the when the year was over HUMBL never hit the strike price and the warrants were worthless. And FORW never made a profit from the warrants.
You are clueless about the Feds cutting the rates - and it will never trickle to the OTC.
Damn, you aren't very bright when you post pumping BS like the following:
"The half point cut should trigger the expected rotation from large caps to mid and small cap companies. Powell's testimony today seemed overall positive. He re-enforced the soft-landing scenario, which Wall Street has been predicting, i.e. strong labor, stable prices."
The discussion was about exchange traded stocks - not the OTC garbage.
Then you are yammering again about OTC liquidity - which is a joke.
"For now, I'd keep an eye on the OTC's increased interest and liquidity in the weeks ahead. OTC has been too quiet for too long."
The OTC is for the novice, gullible and naive investors - they are like the penny slot players who dream of a Villa in the Caribbean but always lose their ass.
It has been 3 years for SRNW and Sharp hasn't brought in any merger candidates. But you are just a paid pumper.
You started by posting ad nauseam about shorting and naked shorting none of which was true.
IG
MrSmith18
4 days ago
My focus is on SRNW. It's ripe and ready for a merger. Volume has been increasing significantly. Once this one pops, the others will follow. The bargain of the lot is FORW. It still holds SRNW warrants. It should be trading at 10% of SRNW or $0.013, if you compare their MC's, i.e. 50m for SNRW vs 500m for FORW.
The half point cut should trigger the expected rotation from large caps to mid and small cap companies. Powell's testimony today seemed overall positive. He re-enforced the soft-landing scenario, which Wall Street has been predicting, i.e. strong labor, stable prices.
The elephant in the room is the election result. A lot of large deals seem to be on hold until after Nov 5. If it remains a close race, then there's the potential Trump 'sore loser syndrome' to watch for too.
For now, I'd keep an eye on the OTC's increased interest and liquidity in the weeks ahead. OTC has been too quiet for too long. I believe SRNW or FORW or both are all wrapped up deals that are simply waiting for a final green light. Today's half point move could be the tipping point GS has been waiting for.
JMHO
I-Glow
2 weeks ago
Here is the reason Sharp hasn't found a company to merge with SRNW.
SRNW has the following warning:
"Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making."
Shell companies had 18 months from September 28, 2021 - the 18-month period expired on March 28, 2023. During that time the shell company must complete a reverse merger with an operating business or begin operations themselves before March 28, 2023. And SRNW is still a shell company and it will impossible for SRNW to file a 15c2-11 and have FINRA process it.
If not the company loses their piggyback status and have to file a new 15c2-11.
That is why Sharp has made so many excuses over the last 3 years - now he is obsessed with Rosen which won't benefit any of the shells.
IG
MrSmith18
2 weeks ago
I watched the remaining videos. It confirms pretty much what I stated earlier with some additional intel.
First, Rosen is very likely suffering from ADHD and his attorney did what he could to keep him focused. GS's attorney in turn knew this about Rosen and slowly and meticulously raked Rosen through the coals mercilessly. It felt like a form of medieval torture.
Despite anything Rosen could say, GS's attorney kept asking the same question, "Where does it say that GS purchased 50m warrants of HMBL for $5k?" Once Rosen saw that his claim was baseless, he lost it and chose to cancel the deposition. It was an emotional move that may cost him dearly, going forward.
After watching all six videos...
It became clear to me what GS and his attorney were doing. They knew ahead of time that they would be taping the deposition and eventually posting them on twitter, hence, every question and every laboriously repeated question was deliberately orchestrated to let Rosen look like a 'clown' on his own terms. They basically let Rosen hang himself in front of his followers. ...and quite frankly, it worked. Rosen not only looked like a fool but he shared very personal info and past delinquencies. The level of embarrassment from admitting his past faults was bad enough but absolutely escalated beyond recognition once he knew that the videos were available unvarnished on YouTube/X for his followers and public to watch for generations to come! Ouch!
Rosen must be absolutely beside himself right now! ...and will only go bonkers when he sits down to settle with GS. If you recall how GS handled Callesse, I would expect a similar situation, i.e. "here's my deal for today. If you don't take it, tomorrows will be half as much, and so forth." ...and since GS's intent is to make Rosen a poster child for his other enemies to see, you can be quite certain that GS will not make life easy for Rosen for a very long time.
Some may see all of GS's efforts as just personal revenge, which I'm sure some of it maybe true, however, I'm of the belief that GS is simply being business prudent. Prior to closing any deals with his tickers, he wants to be absolutely certain that any one even thinking of orchestrating a 'coordinated attack' or similar on his tickers, ...that they should think again or otherwise face lifelong consequences.
If I were one of his partners or investors, I'd certainly be looking for these assurances before moving forward.
All that said...
Does GS have deals lined up or not for this Fall? I'd be inclined to say, yes. Regardless, ...one thing is for sure... GS knows very well that all it takes is one tweet to send all of his tickers north. He's not going to waste that opportunity unless he's 150% certain it will stick.
JMHO
surfkast
2 weeks ago
George is busy with his ponies and Rosen. No time for running his failure companies. Sad little man.
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4 Maiden Special Weight TB $100,000 Turf Jewish Mother Julien Leparoux
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7 Allowance TB $35,000 Dirt Mena David Cabrera
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10 Claiming TB $28,000 Turf Rodeo Champ Jose Alvarez
Remington Park - 9/14/2024
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Horseshoe Indianapolis - 9/4/2024
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Kentucky Downs - 8/31/2024
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2 Maiden Special Weight TB Petcoff 9 Julien Leparoux
3 Allowance TB Front Run the Fed 8 Julien Leparoux
MrSmith18
2 weeks ago
You raise a couple of good points. Thx. Personally, I'm not too worried about the warrants expiration date. If you recall, GS issued WNFT warrants to FORW at around thirty cents but later retracted them, when the pps was well below that threshold. His actions then gave the sense that he has no issues retracting warrants as he might reinstating them based on new pre-merger information. That said, I would not be surprised if he extends them for another year rather than let them expire worthless or just reissues a new batch when the time is right. For now, FORW and SRNW's relationship is all subject to his discretion as he sees fit. Until something of significance happens, he can freely move the goal posts without consequence.
As for the elections...
Yes, it would be nice to close a deal prior to avoid any potential regulatory uncertainties, however, with the latest spin involving Biden's exit and K Harris's entry, the level of uncertainty has increased on a macro level, ...not because of the change as so much as Trump's increased likelihood of not accepting the results, if they are not in his favor. K Harris would, in my humble opinion, have to win convincingly, otherwise we may be in for a lot of social and economic turmoil in 2025.
In the same way that K Harris has to win convincingly, GS has to introduce a merger that has a high chance of moving out of the OTC and into a major market, i.e. Nasdaq. Currently the OTC is experiencing a liquidity issue. Some of it could be resolved from the redistribution of high tech profits, while another part could benefit from a mega GS merger. If orchestrated right, GS could single-handedly spark a surge in OTC interest, if he succeeds in attracting an asset-rich and profit making company. My initial guess would be a private O&G international company that may be looking to benefit from Biden's climate change programs.
The question remains, does GS have a team working in the behind the scene to pull a deal together?
I initially felt that he did after the GVSI debacle, which suggested a potential Israeli partnership. In the meantime, we know that GS is cleaning house with his Rosen case. Although it may seem trivial to some, it's vital that he neutralizes his enemies before making any major moves with his tickers. Rosen's 'coordinated attack' with GVSI was very damaging to him and others in March. There's no doubt in my mind that with this court case charade, GS has more planned than just achieving personal revenge.
JMHO