Someone doesn't understand a Form 15 filing Doe
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(Total Views: 129)
Posted On: 07/18/2024 9:06:04 AM
Someone doesn't understand a Form 15 filing
Doesn't surprise me since many of the ceompany's fans didn't understand the last 5-6 years of filings either.
Based on Form 15 12(g) filing, the company may need to get it shareholders from 570 to 500 very soon or it will be forced to file its 2023 10-K and 2024 Q1 & Q2 10-Qs. by August 15th.
The only people trading since the Form 15 filing could be those that already own shares being traded. It would be great to know if any non-shareholders can buy the stock.
IMHO, The Form 15 has been known to be the real beginning of the end with company's making plans to fit the agenda of a few already working on plan B. Thus, the real reason to dark, to buy more time.
IMHO, the insiders would be likely to slowly buy shares being sold to wipe out investors to get to the threshold required to qualify as a non-filer and avoid more 10-K and 10-Q filings until early 2025.
Don't be surprised if the stock is frozen overnight by those watching every ceompany move very closely at this point. You won't be able to say you weren't warned if you take the time to read what a Form 15 15(d) and 12(g) mean.
Remember, you're in the middle of the "Going Dark" promotion. So, it's in your best interest to know why the ceompany has gone dark while doing its side business with SolRay. You really don't think setting up SolRay was part of Snpw's ceo's plan do you? The ceo may have been hoping to execute the SolRay side company rollout plan before now, but got caught by Dakota with very observant due diligence.
The Form 15 was filed late if you read the SEC rules, it appears the Form 15 could have been due January 30, 2024, to avoid filing its 2023 10-K and 2024 Q-10. t would not be far fetched to learn the ceo was clueless.
Then there's the question of who would be controlling all of the SPPC subsidiary's shares? If it's only the ceo (would raise flags), versus Snpw holding some shares, it's game is over IMHO.
Gooooooood luck with your suggested gambling in the dark!
in my opinion
cheers
Doesn't surprise me since many of the ceompany's fans didn't understand the last 5-6 years of filings either.
Based on Form 15 12(g) filing, the company may need to get it shareholders from 570 to 500 very soon or it will be forced to file its 2023 10-K and 2024 Q1 & Q2 10-Qs. by August 15th.
The only people trading since the Form 15 filing could be those that already own shares being traded. It would be great to know if any non-shareholders can buy the stock.
IMHO, The Form 15 has been known to be the real beginning of the end with company's making plans to fit the agenda of a few already working on plan B. Thus, the real reason to dark, to buy more time.
IMHO, the insiders would be likely to slowly buy shares being sold to wipe out investors to get to the threshold required to qualify as a non-filer and avoid more 10-K and 10-Q filings until early 2025.
Don't be surprised if the stock is frozen overnight by those watching every ceompany move very closely at this point. You won't be able to say you weren't warned if you take the time to read what a Form 15 15(d) and 12(g) mean.
Remember, you're in the middle of the "Going Dark" promotion. So, it's in your best interest to know why the ceompany has gone dark while doing its side business with SolRay. You really don't think setting up SolRay was part of Snpw's ceo's plan do you? The ceo may have been hoping to execute the SolRay side company rollout plan before now, but got caught by Dakota with very observant due diligence.
The Form 15 was filed late if you read the SEC rules, it appears the Form 15 could have been due January 30, 2024, to avoid filing its 2023 10-K and 2024 Q-10. t would not be far fetched to learn the ceo was clueless.
Then there's the question of who would be controlling all of the SPPC subsidiary's shares? If it's only the ceo (would raise flags), versus Snpw holding some shares, it's game is over IMHO.
Gooooooood luck with your suggested gambling in the dark!
in my opinion
cheers
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