AliasUser1
10月前
Rev/Profits will go back up again. Says why right in the 2/16 filing. Definitely a good buy here. Gonna sit on the bid, in case more people didn't read the whole filing and sell their shares after reading just the numbers only
The decrease is attributable to the timing of project work being completed, and also the revenue being recognized for direct expenses (media, influencer fees, etc.) attributable to jobs. These fluctuations in work accomplished and revenue being recognized for direct expenses are normal occurrences in our business. During this transition period, the Company primarily worked on completing current projects while awaiting finalized client workorders and statement of work for upcoming year 2024 projects. The Company expects a stabilization to our usual levels once finalized workorders for fiscal year 2024 are issued by clients as supported by our backlog
https://www.otcmarkets.com/filing/html?id=17283589&guid=Phd-k6-X1NXCJth
loss-pro
15年前
8K
Item 1.01 Entry into a Material Definitive Agreement.
As disclosed in CoConnect, Inc.’s (the “Company”) Form 8-K filed on February 17, 2010 with the United States Securities and Exchange Commission, certain convertible promissory notes (the “Notes”) issued to several noteholders (the “Noteholders”) in the total principal amount of $84,057 went into default due to nonpayment. Following default, the Company received demands from the Noteholders for the repayment of all principal and interest due thereunder. Considering the current financial condition of the Company, including the unavailability of adequate cash or assets to resolve the amounts due and payable under the Notes, the Company believes the default under the Notes may have a material adverse effect on the Company’s financial stability and its ability to continue as a going concern.
On February 24, 2010, following discussions with the Noteholders, the Noteholders agreed to waive the default and payment of all principal and interest due and payable under the Notes. Pursuant to the terms of such waiver, (i) the default interest rate under the Notes was to remain in effect and accrue until full repayment of the Notes, and (ii) the maturity date of the Notes was extended to March 10, 2010. The Company is currently using its best efforts to explore options available related to the repayment and/or retirement of the Notes.
Dated: February 26, 2010
today32
15年前
> If NITE joins the next MM at 1001 then chance to buy 1 share for RS/FS play is over
The DEF 14C doesn't specify what type of split they are doing, it just says that at their discretion to do a RS and/or FS at different levels (1-10, 1-20, 1-50, 1-100, 1-250, 1-500, 1-750, 1-1000).
It does state that they "shall be determined by the Board at a later time and at anytime until the next meeting of the Company’s shareholders ".
Did you call the company and find out more info on the RS and/or FS details? Or are you just speculating at this point that 1 share will be reversed to a fractional share and then rounded up to 1 whole share, and then forward split to 10-20-50-100 etc. shares?
I still own 100 shares from the last roundup deal, and i'm wondering if it would be better for me to sell 99 of them.