Well.(my name was here) your talking about expecta
Post# of 4425
Posted On: 12/02/2015 5:36:09 AM
Well.(my name was here) your talking about expectations. Sometimes expectations are realistic and sometimes they are not. So lets set expectations.
To change a ticker requires going back to the original creation of the entity. In our case it was quite a few years. You have to rebuild every single amendment, filing, stock configuration etc. Now when you have "previous management" like the one were dealing with of course there are no records of much of anything. So we had to work with the SoS of Florida and Wyoming and rebuild the entire history of the entity. Then catalouge and send it to FINRA. Then they wanted it all in .pdf. OK. We did that. Then they didnt have "time" to go through all of it so we submitted (now) 8 documents from both original filings. I kid you not. We had to audit each and every share, retired debt and notes. With ZERO documentation from previous management. Just as we had to reassemble last financial documentation from nothing from previous management.
Many ticker changes are really just simple stock type filings. Easy and do not require the mountain of work required by us. So to get done what we got done in the period of time we got it done is remarkable.
I think sometimes penny stock investors are so accustomed to pump and dumps and so used to seeing immediate stock price climbs (the pump) then the crash (the dumps) that when a real company comes along they have no experience with stability (showing there are no more naked shorts against debt)and have no reference to the incredible amount of work with numerous entities to change the ticker of a hairball like we inherited.
But we got it done and I expect approval any day frankly. FINRA has asked for nothing else and that is a good sign.
But do not feel like anybody is sitting on their thumb.
First understand what has been accomplished here in a unreal short period of time.
We are not a pump and dump.So you cannot compare timelines from a real company to a pump and dump scheme.
Let the naked shorters lambast everything they can. They are in serious trouble as the very instruments they used to short against are gone and they will bring out the resources to bash, lie, twist, slam anything they can to get the shares down as low as possible to cover their losses. Really is that simple. While the slime crawl through their con game muck I am staying focused on cleaning this mess up and booking profits. But I am realistic when dealing with "managing entities" that move at their own pace.
Bottom line is that is my realistic reality set. Your investments are your own. FINRA doesnt move fast enough for you? If that is a investment marker for you then you do what you gotta do. Like seeing a company making moves that benefit shareholders, reducing shares, eliminating debt/notes, producing revenue and profits, bringing in new business et al. Then maybe that is an investment marker for you. Again your call.
To change a ticker requires going back to the original creation of the entity. In our case it was quite a few years. You have to rebuild every single amendment, filing, stock configuration etc. Now when you have "previous management" like the one were dealing with of course there are no records of much of anything. So we had to work with the SoS of Florida and Wyoming and rebuild the entire history of the entity. Then catalouge and send it to FINRA. Then they wanted it all in .pdf. OK. We did that. Then they didnt have "time" to go through all of it so we submitted (now) 8 documents from both original filings. I kid you not. We had to audit each and every share, retired debt and notes. With ZERO documentation from previous management. Just as we had to reassemble last financial documentation from nothing from previous management.
Many ticker changes are really just simple stock type filings. Easy and do not require the mountain of work required by us. So to get done what we got done in the period of time we got it done is remarkable.
I think sometimes penny stock investors are so accustomed to pump and dumps and so used to seeing immediate stock price climbs (the pump) then the crash (the dumps) that when a real company comes along they have no experience with stability (showing there are no more naked shorts against debt)and have no reference to the incredible amount of work with numerous entities to change the ticker of a hairball like we inherited.
But we got it done and I expect approval any day frankly. FINRA has asked for nothing else and that is a good sign.
But do not feel like anybody is sitting on their thumb.
First understand what has been accomplished here in a unreal short period of time.
We are not a pump and dump.So you cannot compare timelines from a real company to a pump and dump scheme.
Let the naked shorters lambast everything they can. They are in serious trouble as the very instruments they used to short against are gone and they will bring out the resources to bash, lie, twist, slam anything they can to get the shares down as low as possible to cover their losses. Really is that simple. While the slime crawl through their con game muck I am staying focused on cleaning this mess up and booking profits. But I am realistic when dealing with "managing entities" that move at their own pace.
Bottom line is that is my realistic reality set. Your investments are your own. FINRA doesnt move fast enough for you? If that is a investment marker for you then you do what you gotta do. Like seeing a company making moves that benefit shareholders, reducing shares, eliminating debt/notes, producing revenue and profits, bringing in new business et al. Then maybe that is an investment marker for you. Again your call.
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