SB Technology Holdings Inc (ID) (VGLS)

It’s far from going to no bid. Bid is high AF right now and not something you see daily around the OTC market. 

Something is brewing and this is for sure going places (bid still gives the biggest tells)…I just don’t think it’s going be that big of a deal, anymore, after this crap.

This appointee just threw me completely off 

Yeah this one’s headed back to no bid I think unfortunately. You know what they say about it seeming too good to be true.

Why would they do that ? Sorry but you’re clutching at straws .

Maybe these moves are purposeful..to throw us off the sand box / soft bank trail? @Curios George

I  don’t like what I’m seeing. It’s bringing $zrfy flashbacks (conversation for another time). 

Why would you bring someone "on board" from HLLK? Why would we need this? What’s the plan here? Why a nobody, who’s appointed to nothing at all companies (QSGI, EVIO, HLLK).? All shit tickers. 

Weren’t we "cleaning house" to merge with someone? Didn’t we reverse, file forms 10 etc to give the impression of a clean deal coming forward?

The only thing that comes to mind is the debt VGLS took over from HLLK but I don’t know how we could connect this move with that. 

If I honestly gave a 25-30% chance of a Sandbox type of company coming in, I think that this move brought those chances close to nothing at all. 

Help me make sense of this 

From QGSI PR on the new team coming in from October 2025, it shows Juan Pablo Desilva Bacelis having ties to..... Guess who.... HLLK 🙉. Looking over @ HLLK some more, I wonder if they're steps ahead of the transition process of VGLS?

Our new advisor and Strickland have nothing to do with QGSI anymore. Seemed like they tried to do something with it and gave up after half a year or so. All quiet on that end about them leaving it seems.

The following events occurred after March 31, 2026 and before the date of these financial statements: On April 28, 2026 at a meeting of the Board, the Directors changed as a result of the resignation of four of the Directors and the President of the Company. All these individuals originally joined the Company in October 2025 as part of a reorganization initiative. As of this date the Company’s remaining Board members re-added Marsha Collins as a Director. Christopher Malone was appointed as the Interim President and reassumed the appointment of CFO, which he previously resigned from on October 27, 2025 as part of the reorganization initiative. Mr. Malone remains also as a Director. Nikolas Perrault was appointed to the role of Executive Chairman of the new Board.

https://www.otcmarkets.com/stock/QGSI/news/QuantGate-Systems-Announces-Leadership-Transition-to-Advance-Machine-Learning-Investment-Solutions?id=498594

Yeah I saw it . He graduated last year.

Here is his LinkedIn

https://www.linkedin.com/in/juan-pablo-desilva-195039288?utm_source=share_via&utm_content=profile&utm_medium=member_ios

Maybe , if you chew a bar of soap this may go up 

well, i agree it's a scam but if you take your loss and move on the baths will become more effective.

I did and it’s still a scam 

take a bath.

I SMELL LIKE SCAM SOUP

Agreed, I couldn't find him on Linked in either.

Agreed, not the news we were hoping for.

HMMMmmmmmmmmmmm Volume DRYING UP and NO NEWS on that MERRRRRRRRRRRRG LOL!! WOW amazing isn't it.

Whole thing didn’t post : 
He’s connected to two OTC tickers : EVIO (appointed ceo May 2026) and QGSI (appointed Director Chief Data Scientist November 2025). 

Both companies in the AI, quantum etc field…both companies look like typical OTC crap. 

Juan Pablo Desilva Bacelis. Appointed "advisor". 



You can’t find anything about this guy : no LinkedIn, no insta, no news, no nothing other than his connection to these two tickers. 
I don’t like the looks of it. This looks like typical Strickland crap.   

It might be a difficult concept to understand for some

BIG MERGER COMING SHORTLY FROM RIGHT NOW!!!! 😁😁😁 in my opinion

I REMEMBER hearing BIG MERG!! THE MERG is coming BHAHHAHAHA!!! LIES Stacked on LIES!! Hilarious!! !!!! JOKE!!

BHAHHAHAHAAAAAAAAAAA!!! TOLD YA!! WHAT A JOKE!! Every single time!! OY!!

Welp, back to getting pissed off again with all the stalling and inactivity 

Great. I got a bit excited for a few. Fidelity only shows the 2,500 bid 

The large bid (almost 5% of the OS) is still there. See image. 

They did not withdraw the bid like you said, someone just put a higher bid above them. Like Beano said, it is still there @ .40.

You’re showing me exactly what I’m stating. 
It shows only 2,500 shares at bid. It was 45,000-48,000, up to yesterday, for close to a week now. 

Its still there at .40 on level 2

They withdrew 45,000 shares from bid, they had there for a week now…and didn’t increase the ask too, at the same time (they actually increase the ask price to $1 from $0,75). 

News incoming? Ready to pop?  Were the 45,000 a desperate last attempt to grab cheap?

It’s been literally 9 months since the completion of 2024 audits. It’s not like they started the 2025 audits 3 weeks ago, when they withdrew the form 10…they’ve been working on them for literally 9-10 months…and there literally was no freakin’ change in any OS, debt etc in 2025 compared with other years. 

What the hell is taking them forever 

Thank you! 

Great question! By buying this note for only $1000, SB Technology Holdings ($VGLS) instantly changed its legal definitions. The company is now actively engaged in "the acquisition, management, and restructuring of technology-related corporate debt." It doesn't matter if the note is impaired, what matters is that the shell is no longer an empty, dead law-firm container. It is a live business vehicle with an operational footprint. For a massive merger partner, this means the regulatory review process will slide through smoothly without getting flagged as a toxic, static blank-check shell.

Search $vgls on X

Can you provide a link, please? 

Even AI came up with a 50-50, basically claiming that the negative 50% should be considered if the stock had sketchy movement prior to this (typical OTC scamming behavior), which I honestly believe we have not and almost everything has always pointed towards other directions. 


That being said, when things like this come out I firmly believe you’ll see the impact - same or following days - on bid/ask. (I lived through it with $ZRFY, where we immediately saw the biggest ASK ever witnessed, sitting there (like 1/8 of the OS) and the ticker ended up in EM shortly after that...so I’d say I think we’re still good here. 

According to my friend on Twitter who has done way more dd on this than me this is a good thing. Hopefully he’s right.

According to X this is a good thing.

Another scam … huh?

Shucks, who woulda thunk. 😜

This is a huge red flag IMO. If you have a multi billion dollar merger incoming why would you fool with chasing $100k. You wouldn't.

Okay here is the original note with HLLK and Traderverse. It IS NOT BACKED by any particular assets but does give HLLK, now VGLS, the rights to go after the company for court costs associated with suits so we have that locked down. I am sure they will demand and sue unless they just want to flout this on the books for some tacky reason.

FOR VALUE RECEIVED, the Undersigned, hereinafter referred to as the “Debtor”, acknowledges that it is indebted to Hallmark Venture Group, Inc. (the “Lender”) in the amount stated herein and promises to pay on demand to the order of $100,000.00, with its principal place of business at 5112 West Taft Road, Suite M, New York, 13008 the principal sum of One Hundred Thousand dollars ($100,000.00) together with interest thereon from the date hereof to maturity at an annual interest rate of 8%, compounded annually.

Said principal sum is due on demand, and in the absence of any demand is due one hundred eighty (180) Days from the date hereof. All installments, prepayments, and other payments of principal and interest are payable to Lender, care of Liberty Stock Transfer, Inc. at using the wire instructions provided below, or at such other place as the Lender or Debtor may hereafter and from time to time designate in writing.

This Note may be prepaid, in whole or in part, without penalty at any time.

At maturity, or upon demand or default or failure to pay any installment of principal and interest required herein, the entire balance shall be immediately due and payable. Any remedy of Lender or Debtor upon default of the Debtor shall be cumulative and not exclusive and choice of remedy shall be at the sole election of Lender. The Debtor agrees to pay all costs of collection, including reasonable attorney’s fees, whether or not any suit, civil action, or other proceeding at law or in equity, is commenced. The Debtor waives demand, presentment for payment, protest and notice of protest and nonpayment of this Note and expressly agrees to remain bound for the payment of principal, interest and other sums provided for by the terms of this Note, notwithstanding any extension or extensions of the time of, or for the payment of, said principal. No delay or omission on the part of the Lender or holder in exercising any rights shall operate as a waiver of such right. This Note shall be governed by the laws of the State of Florida, and each party hereto agrees to venue and jurisdiction in the federal and state courts located in Onondaga County, New York.

This Note may be assigned, in whole or in part, at the sole discretion of the Lender and does not require approval of the Debtor to approve such assignment.

Damn, I see this as a good grab for us if we plan on gobbling up cheap debt but with large upside potentially. Outside of that, HLLK wrote this off as a can of beans so I do not really see any reason why buying debt in this company that seemed to be cash strapped years ago and could not pay back a dime could lead to? We take the assets since its in default and I am sure the loan is backed by something of theirs. If we do that, I would think we would spin it into our own but god knows.

Yeah I know it's a receivable, just not very much in the grand scheme of things. But what you are saying is that perhaps he did that so we have a receivable on the books and are no longer a shell?

That is not a convertible note @ VGLS but VGLS buying debt that HLLK owned against a company called Traderverse. Some small Fintech company, dabbled in AI etc. This is VGLS taking on that debt from HLLK, which means VGLS can enforce that debt owed to HLLK because it is now VGLS owed debt. Wonder if we absorb this so we can take shell status off?

Looks like he is up to his old tricks. Disappointing.

I’m trying to make it make sense too.

Unlikely he would have done this if sandbox is coming in IMO as it's chump change in the grand scheme of things. This is a red flag to me but what do I know.

So this was filed yesterday.. to make it easy to understand .. Strickland paid 1,000 to his other company HLLK, to the assume a 100k promissory note (debt) that was 18 months past due from Traderverse and moved it to VGLS

https://www.otcmarkets.com/file/company/financial-report/570606/content

L2 “looks” Thin!