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Investors talking trash about it. It shouldn’t happen for a year or two. Eventually it will happen for the benefit of the company. GLTU
Sorry guys been out of touch here for a bit. Can I get some clarification?
Is there a date on a reverse split that’s been mentioned in here?
Has there actually been a filing to up List to a larger exchange after a reverse split?
Thanks
LMFDO- good one ..$YCRM
https://seekingalpha.com/article/4160388-sudden-infusion-of-nfusz-shares
nFusz / $VERB had the same agreement with Kodiak Capital on their run up to Nasdaq.
$FUSZ had $0 Revenues.
It has since been announced that nFüsz has put stock to Kodiak. In an 8-K dated 3/9/18, the company stated:
On March 5, 2018, we effected an agreement with Kodiak, pursuant to which we put 2,308,460 shares to Kodiak for net proceeds of $925,000, or approximately $0.40 per share, and we put 739,645 shares to Kodiak for net proceeds of $75,000, or approximately $0.10 per share (referred to collectively as the “March Put”).
This would be the first half of the put agreement, with another $1MM dollars worth of common stock still available.
10-Q/A : https://www.sec.gov/ix?doc=/Archives/edgar/data/1624517/000182912624003460/yuenglingsice_10qa.htm
Page ii PART I - FINANCIAL INFORMATION
"The Purchase Agreement with TRILLIUM provides that TRILLIUM is committed to purchase up to $3,000,000 of our common stock. We may draw on the facility from time to time, as and when we determine appropriate in accordance with the terms and conditions of the Purchase Agreement."
Isnt this similar to an ATM?
Trillium is acquiring up to 34 million shares at a 15% discount.
Trillium can sell these shares immediately for a 15% gain.
However, not enough volume to sell 34 million shares on the open market.
Trillium's best interest is to hold and bid the share price up to .40, then 10:1 RS to meet $4 SP minimum for Nasdaq uplist.
Trillium can then sell their 3.4 million shares @ $4+ and make $10 million+ on Nasdaq.
I was under the impression that Trillium has nothing to sell until the shares are "Put" to them.....and then those shares are restricted. Am I mistaken?
Per the S-1 Equity Financing Agreement:
1. Maximum shares Trillium can draw is 9.9% * 349,488,710 OS = 34,599,382 shares
Do you understand how an Equity Financing Agreement works with “Put Shares”?
When the o/s becomes 949 million, then you can talk smack about "Trillium algos". Do you just make stuff up as you go? All shares are currently in the market until the increase happens which will be very soon.
Hasn't broken out of its leg braces just yet. Forrest will run eventually.
$VERB / $FUSZ uplisted from OTC to Nasdaq with 0 revenues in 2019.
They also had a Equity Purchase Agreement with a no shorting provision:
https://finance.yahoo.com/news/nfusz-inc-fusz-files-form-221803464.html
More fundamentals-driven market today, and ReachOut has the revenue to back an uplisting with institutional sponsorship.
What’s the deal with all of these 2500 trades today?
On Nasdaq yes, they will.
Institutional investors won’t touch this.
I never thought I would read this posting about bidding up, for the CEO to uplisting to Nasdaq. Trillium wants their money and they don’t give a damn about Rick. Where’s Kevin??? Hiding out???
Or just uplist on Nasdaq. Institutions will buy. They may not need retail to pump to at all.
Rick's persistent positivity is for HIM not YOU. The only way for current shareholders to do well from this point on is a massive pump to attract newbies so the massive dilution can sell into it, which I just don't see happening any time soon.
Rick is not your friend. He is an OTC CEO, a green one at that, and his purpose here is to build HIS company with YOUR money, which he TOLD you about AND it's all in the filings. Yes, I think he's honest.
Rick is eye candy (🤔) and that's the only reason he's here?
Again, the last OTC stock I'll ever buy.
Unlike their other paid promo pumps, they’ve put a muzzle on the CEO and influencers as well (for now).
Trillium came out of the woodwork to file an Equity Financing Agreement with a no shorting provision for the first time in many years, along with convertible notes maturing in 1 year+ with no early conversion for the first time all while boxing out other lenders from this stock means they may have something their his sleeve.
Very unusual given every other convertible note Trillium has issued to every other company matures in 1 year or less... they don't like holding any longer so why make an exception here and why specifically May-June 2025 for all three notes?
Mr. Rick Jordan is the frontman.
Trillium controls the stock. They can bid this up to Nasdaq or dilute this down to trips.
Or do the first then the second.
Was anyone here in $GDVM?
Another cybersecurity company reverse merger with near identical OS to $YCRM.
A handful of whales led by John Kent locked up the float and walked it up from sub-pennies to .13+ in 6 months.
Very retail friendly chart and almost everyone would've made money!
$GDVM's financials showing no revenues at the time!
https://www.otcmarkets.com/otcapi/company/financial-report/351779/content
Trillium can only hold 9.99% of the OS which is 34 million shares at the moment.
Their put shares are at a .005 minimum cost basis, close to where it's trading now.
A handful of whales can easily lock up the float now and run this.
Perhaps they don't want that and told Mr. Rick Jordan to hold off on tweeting updates/PRs until after they've moved it up?
One explanation for why someone with a big public presence has been silent when OTC runs on hype and promo.
First time I have heard a shareholder hoping for a RS. I will have to mark my calendar.
Near-term strategy is a Nasdaq uplist.
Mr. Rick Jordan has always envisioned "ringing the bell" as one of his life-long goals.
Question is how quickly they get there as they already have the revenues to support it.
$4 minimum SP for Nasdaq.
1. They can take this to .40 then 1:10 RS ($140 MC)
2. They can take this to .20 then 1:20 RS ($70 MC)
3. They can take this to .10 then 1:40 RS ($35 M MC)
With current revenues they're at 2.
With more acquisitions in a year they can reach 1.
~35-40 M OS is a good share count for Nasdaq.
Market condotions change with information accessed. That was before. I was optimistic before I saw all the filings.Talking uplisting is rediculous talk with a potential 7 Billion worth of dilution on the books already. If your going to talk uplisting, you can't get there without wiping out the shareholders down the road
One guess who posted this on 4/23/2024
“We are starting to breakout of a 6 month massive Pennant Flag . The buyers will come quickly. A massive run is just beginning...... you heard it here first!!! Watch n learn!!!! The accumulation has been massive.”
So, the two acquisitions is what Rick has for revenue? What has he been doing for 10/12 years? I thought he was building a company. It seems like he started in 22. With the last acquisition, he was adding 425,000 per quarter. But how many employees added with the acquisition? I’m guessing 10/12. I don’t see the .05 that was mentioned. I don’t see 2.5 to 3 million revenue. Rick needs to post anything on X or Stocktwits about the revenue or acquisitions future.
Ground floor of a growing, revenue-generating serial acquirer at $2 M market cap with only 349 M OS and effectively no dilution for a year.
This is a message board...anecdotal, informal for opinions, complaints, etc. One can hope. Investors always buy at their own risk.
Yes, you shouldn’t pumped up the price on any company.
Silly talk. Stop Pumping before you really piss me off.....
If this thing uplists and hits over a few $ per share, we should hold a virtual party to celebrate. For those of us that were here at the ground floor. Seriously.
I’m of the same mindset!!! See you at the top !!
That's my thought as well GTC. In some of these acquisitions there was probably some assumption of liabilities and operating debt with consolidation moves which I think would be normal. The savings through consolidation for economies of scale would occur later down the road. I'm not concerned either. I'm just going to sit back, RELAX, and let Mr. Jordan and co. execute their long term plans :)
$CETY at $50 market cap with comparable revenues ran to .10+ on 1.4 Billion OS diluting all the way up then 1:40 RS to meet $4 SP min for Nasdaq uplisting.
$YCRM only 349 M OS with no Trillium dilution until May 31, 2025.
Can this run?
$2 M Market Cap and $7.2 M+ Annual Revenue (TTM).
Another Trillium note maturing > 1 year on June 15, 2025, two weeks after the two prior notes maturing on May 31, 2025.
With all three Trillium notes maturing all around the same time, do they have something planned?
ReachOut has enough revenues and growth by acquisitions for a Nasdaq uplisting by that point.
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