Potse
2週前
KSEZ(.75)...Adam Gefvert position, financing......
The OTCQB certification filing that KSEZ made last week contains a couple of items worth noting.........
Adam Gefvert: According to this filing, Adam Gefvert (White Diamond Research) owns 1.2M shares as of November 7, 2024. I think that is quite interesting.
https://www.linkedin.com/in/adam-gefvert-cfa-1632ab24/
https://twitter.com/Shiningboy?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Financing: The conversion price on the consultant debt is now at 50 cents. The conversion price is based on the most recent closed PPM (private placement memorandum). As far as I am aware there has not yet been any 8-K or press release disclosing/confirming a private placement at 50 cents. If you recall the previous placement ($500K) and debt conversion was done at a price of 5 cents. So this is a significant and bullish increase.
The modified agreement between KSEZ and the consultant (Coral Investment Partners -- Erik Nelson) from earlier this year (3/6/2024 8-K/A) has the following terms/conditions, which coupled with the info in the certification filing would strongly suggest that KSEZ may have raised at least $500K at 50 cents.......
D. Option to Convert. In the event of an action triggering an event of default, Coral shall the option to convert an outstanding portion of the debt to common stock at a price equal to the most recent private placement offering conducted by the Company.
i. For the purposes of this Section 9D the term "recent private placement offering" shall mean an offering conducted by the Company that succeeded in raising at least Five Hundred Thousand Dollars ($500,000).
ii. In the event the Company fails to raise at least Five Hundred Thousand Dollars ($500,000) in a private placement, then Coral shall have the right to convert a portion of its debt at a price of $0.001/share.
Slojab
1月前
Bellatora Inc. Announces Corporate Name Change to Kinetic Seas Incorporated and Ticker Symbol Change to "KSEZ"
New Identity Reflects Strategic Focus on AI Solutions for Business
SCHAUMBURG, Ill., Oct. 10, 2024 /PRNewswire/ -- Kinetic Seas (OTC:KSEZ) FKA Bellatora Inc., a leading provider of innovative technologies, today announced that it has officially changed its corporate name to Kinetic Seas Incorporated (OTC: KSEZ) ("Kinetic Seas" or the "Company"). This name change reflects the Company's expanded focus on delivering cutting-edge artificial intelligence (AI) solutions for businesses. The Company's common stock, quoted on the OTC Pink marketplace under the former ticker symbol "ECGR" will continue to be quoted on the OTC Pink marketplace under the new ticker symbol KSEZ effective immediately.
Bringing practical AI solutions to businesses (PRNewsfoto/Kinetic Seas Incorporated)
The name Kinetic Seas reflects the Company's vision for AI as a dynamic force, much like the ever-shifting currents of the sea. As explained by Edward Honour, Chief Executive Officer of Kinetic Seas, "AI is like a kinetic sea; you embark with a plan, but in the end, you are guided by the ever-moving current of innovation and discovery. Our new name encapsulates the constant evolution of AI technology and our role in navigating businesses through this exciting, ever-changing landscape."
Kinetic Seas was founded by a team of AI and machine learning (ML) engineers with a proven track record of success in developing, hosting, and implementing advanced AI solutions. The Company focuses on bringing practical AI products and services to businesses while providing the necessary infrastructure to ensure successful adoption.
"Kinetic Seas is not just a rebranding. It's a reflection of our company's transformation and the broad capabilities we bring to our clients," added Honour. "We understand that to truly realize the benefits of AI, companies need more than just smart algorithms they need a robust foundation of supporting technologies. That's where we come in."
In addition to AI-driven solutions, Kinetic Seas has developed a suite of non-AI products and open-source libraries designed to enhance the AI data pipeline. These technologies ensure seamless AI integration, driving business efficiencies in data management, analytics, and automation.
"We've seen first-hand how challenging it can be for businesses to fully implement AI due to missing or incomplete infrastructure," noted Honour. "Our team's deep expertise in both AI and the technologies that support it positions us as a leader in helping businesses get the most out of AI."
The Company's corporate headquarters will remain at 1501 Woodfield Rd, Suite 114E, Schaumburg, IL 60173.
About Kinetic Seas Incorporated (OTC: KSEZ)
Kinetic Seas Incorporated is a publicly traded company specializing in artificial intelligence (AI) and machine learning (ML) solutions for businesses. Built by industry-leading AI/ML engineers, the Company delivers practical AI products and services alongside a range of supporting technologies designed to optimize the AI data pipeline. Kinetic Seas is committed to helping companies across industries leverage AI to enhance decision-making, efficiency, and automation. For more information, visit www.kineticseas.com
Slojab
4月前
Kinetic Seas has completed Phase I of its planned AI data center in Oak Brook Illinois. The goal of Phase I is to provide dynamic high-speed GPU and CPU resources for its consulting clients, educational programs, and internal product development. The Data Center provides a wide range of NVIDIA based GPU compute resources, a proprietary virtualization infrastructure for maximum flexibility and ease of use, and 10GB/sec Internet connectivity. Kinetic Seas collocates its data center within the Databank ORD4 facility that provides floor space, 24-hour support, connectivity, environmental controls, and utility access.
https://www.bing.com/videos/riverview/relatedvideo?q=Databank+ORD4&mid=39C83641CE4475A3795E39C83641CE4475A3795E&FORM=VIRE
https://www.otcmarkets.com/stock/ECGR/news/Kinetic-Seas-fka-Bellatora-announces-completion-of-Phase-I-of-its-data-center-for-AI?id=443418
StockSeedGems2143
5月前
More news. " Kinetic Seas Incorporated /F/K/A Bellatora Inc (OTC:ECGR) Announces Agreement with Oasis AI Learning to provide Internships and Educational Services
7:47 AM ET, 06/26/2024 - PR Newswire
SCHAUMBURG, Ill., June 26, 2024 /PRNewswire/ -- Kinetic Seas Inc. (OTC:ECGR) a leading AI consulting, educational, and hosting services company and Oasis AI Learning are proud to announce their new partnership to create a unique AI learning experience that brings together students, expert mentors, and high-level educational resources. Through a combination of Oasis' ability to effectively educate bright young students and the Kinetic Seas' expertise in the AI field, the two companies will work together to train the next generation of AI thinkers.................."
Slojab
5月前
Kinetic Seas has completed Phase I of its planned AI data center in Oak Brook Illinois. The goal of Phase I is to provide dynamic high-speed GPU and CPU resources for its consulting clients, educational programs, and internal product development. The Data Center provides a wide range of NVIDIA based GPU compute resources, a proprietary virtualization infrastructure for maximum flexibility and ease of use, and 10GB/sec Internet connectivity. Kinetic Seas collocates its data center within the Databank ORD4 facility that provides floor space, 24-hour support, connectivity, environmental controls, and utility access.
https://www.bing.com/videos/riverview/relatedvideo?q=Databank+ORD4&mid=39C83641CE4475A3795E39C83641CE4475A3795E&FORM=VIRE
https://www.otcmarkets.com/stock/ECGR/news/Kinetic-Seas-fka-Bellatora-announces-completion-of-Phase-I-of-its-data-center-for-AI?id=443418
Slojab
6月前
UPDATE SCHAUMBURG, Il., June 6, 2024. Kinetic Seas Incorporated (OTC: ECGR) (the “Company”), formerly known as Bellatora, Inc., has completed its first round of funding to continue the process of transitioning to a leading Artificial Intelligence consulting, infrastructure, hosting, and education company. The first funding round of $500,000 was designed to provide the capital to build the Company's CPU and GPU hosting infrastructure and launch the Company’s consulting and educational services. Funds were also earmarked for the development and implementation of the Company's first data center, located in Oakbrook Illinois, this facility was designed for AI training and inference, which began in early February 2024 and is powered by proprietary networking and virtual hosting technologies developed by the Company.
https://ih.advfn.com/stock-market/USOTC/bellatora-pk-ECGR/stock-news/94007937/form-8-k-current-report
StockSeedGems2143
6月前
" meaningless." ? To know, going forward, that the company has solid accounting firm ? And that, apparently, despite the inadequate former firm, there are no discrepancies. I call that , far from meaningless.
"At this time, the Company is not aware of any basis to believe that any previously issued financial statements should not be relied upon because of an error in such financial statements. However, the Company continues to assess its financial statements in light of the events described in Item 4.01(a) herein."
Meaning........ We're good to go. Onward and upward, imo.
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