Big Brother
21 hours ago
Hell, as a BQST shareholder, I'd be happy if they just deflated Torres, put her back in the box, sold whatever assets they have to Trent for $1.00 and abandon this all together....!! I don't want to see TONR or TONR shareholders diluting BQST in any way.. but.. I doubt they are going to do that, whatever happens will likely be more beneficial to TONR shareholders, then it will be for me a BQST shareholder.
I don't see any reason for them to tarnish what is a clean slate for them in BQST.... with old baggage from TONR, that seems stupid to me... but it what it is...they could easily move on from this and leave the shareholders with nothing. They are completely handcuffed here, there is very little they can do with this, the ss is atrocious, which leaves no room for deals, its laden with toxic convertible debt and its unlikely FINRA would approve any corporate actions like a r/s. For that matter, FINRA might not even approve a merger if they went that route.
Big Brother
1 day ago
I personally would not buy this, as I don't buy sub pennies, or anything with a fat arse share structure like this in general.
However, with that said, you know that TONR will no longer have AI Callers Inc, the conversational AI product they have been pumping hard for awhile now, thats going to BQST. Typically when a company spins off a subsidiary(if that's what AIC is) then the shareholders would get some sort of dividend of the spin off company, based on the number of shares they own.
IF by some miracle Trent was able to raise $$$'s in BQST @ $1.00 and TONR shareholders were going to get a divi of that company, then folks would likely pump that hard on social media, everyone likes a divi and you virtually never see one on a sub penny, so it could potentially move....in theory, most co's that have spin offs do.
Same could be said for a merger, if Trent were to use BQST shares to acquire TONR, considering there are no BQST shares available for purchase, some folks may buy TONR to get a piece of that pie, if say after the share exchange it was a good deal, like say well under $1.00.
From what I've seen it takes a shite ton of shares to move this, its hard to say if any BQST deal would be enough to move it but there is potential I suppose.
Big Brother
2 days ago
IDK exactly, its very confusing but basically it looks like BQST will acquire, AI Callers Inc, which is now known as Botmakers Inc. So all the conversational AI stuff that TONR has been tweeting about the last few months, would ultimately be owned by BQST post merger.
I was under the impression AI Callers was a subsidiary of TONR, if so, then that would be spun off into a separate public company(BQST), leaving TONR with just the Tradescore product....but.....could potentially give TONR shareholders a dividend of BQST.
I suppose if AI Callers is actually majority owned by Trent and TONR has a minority stake, then Trent could acquire TONR shares of AIC in exchange for shares of BQST, I guess that's a possibility.
Or Trent could acquire all of TONR in a merger, where (1) BQST share would be exchanged for (???) number of TONR shares
There just is not enough info right now, something is going on for sure but how it affects you guys as TONR shareholders who knows yet.
Big Brother
2 days ago
The RegA filing for BQST was amended today, its hard to say what's going on but now it appears more likely BQST will acquire the Conversational AI product from TONR, rather than the trading software, which is what it looked like originally.
If that's the case, then TONR would just focus on TradeScore xTreme...or....potentially BQST would just acquire TONR all together and merge the companies. I'm just speculating but it could be why they are not communicating right now, because they could be planning to merge BQST and TONR, thus the 'quiet period'.
https://www.otcmarkets.com/filing/html?id=17655655&guid=E_O-kHm8pzdfJth