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I do multiple things to earn money..... I enjoy making money... But I dont lie out of my ass to do it. In fact, I would rather just stone cold rob you (or anyone for that matter) because at least I could look you/them in the face while i did it.
...And here they come. Tried telling all of them last week and got called a pumper. Now they can chase!
So, Reachout is losing money, $975k for year ending Dec 31, 2023 on revenues of $2.7M. Kinda different from the hype posted up around these parts. Balance sheet shows they're upside down on assets to liabilities, too. Redgear, who they just acquired at the end of the year, did make $45k on revenues of $4.6M.
Trillium got Preferred D stock convertible into 10% of the common stock, fully diluted. Dickson got preferred D stock convertible into 2.5% of the common stock, fully diluted. And the shareholders of Reachout get Preferred C stock convertible into 87.5% of the common stock, fully diluted.
Here's the wording of the 8K for the share exchange, and I'm not sure exactly how they intend to do this math to determine how much stock constitutes 87.5% of the common stock of YCRM. It makes sense that the shareholders of Reachout aren't going to share their company with the bagholders of YCRM's failed scams.
Huge credit to Mr. Rick Jordan for allowing retail investors to get in on the ground floor of a growing, profitable company.
He could have easily taken VC/PE money and cashed out.
Opportunities like this do not come often to those who are not already rich, accredited and connected.
I hope the common shareholders don't get left in the dust. I believe in these guys, only reason I'm still hear.
This is the only Trillium deal with:
(i) Notes > 1 year to maturity from issuance
(ii) Notes with no early conversion before maturity
(iii) No other lenders
Assumption is noteholders cannot legally convert until maturity unless early conversion provisions are stated in the filings.
Given that Hicks agreed to these terms for the first time among a dozen deals, he must realize that he has a goldmine here with Mr. Rick Jordan, Kevin Harrington and ReachOut Technology!
Maturity date for both Trillium notes (first issued Nov 2023 and second Jan 2024) is May 31, 2025.
Perhaps Mr. Rick Jordan negotiated a handshake agreement with Hicks to hold off from dilution until at least maturity on May 31, 2025, by which point they may be ready to uplist on Nasdaq.
The additional liquidity from Nasdaq can provide an “exit” for Trillium with millions without impacting the share price too much IMO.
8-K/A for reverse merger filed 04/30.
10-KT for FY 2023 to be filed, likely by 05/15.
10-Q for FY 2024 Q1 to be filed, likely by 05/31.
Mods... please remove my post stickied above. (....as it was based on information publicly presented by a penny-stock CEO).
NASDAQ here we come ...lol. Seriously...WTF?
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001624517/000182912624002914/yuenglingsice_8ka.htm
:) until I see it~ I don’t believe it lol… let’s go gang!!
Amended 8k should hit tomorrow. Then removal of Delinquent SEC reporting and shell risk should also go away soon as well.....
Interesting post from Rick over on Stocktwits. Tomorrow could be a good day.
Fauci… accumulating sitting on the bid lol :) dragging this out Lmao
Nice info - thanks for always providing what seems to be what the hold up is
Fruci pending 10-Ks (with NT 10-K filing dates):
MJNE (04/08)
UCLE (03/29)
YCRM (03/28)
All of the above are still pending.
Last year, MJNE filed 05/05/2023.
Last year, UCLE filed 05/12/2023.
10-KT should be filed by 05/15, before the due date for the NT 10-Q extension.
Fruci has always met this due date.
Could it be that some accounts (like MJNE, UCLE) take longer to audit than others?
Fruci also picked up several new clients this year, which could be delaying them further.
This is all assuming the delay is due to Fruci.
True that!!! 👍 This has been getting loaded up for quote awhile. Very slowly and meticulous! It will pop hard when Fruci finishes the company audit!!
But we are still moving up!
Pretty quiet in here today...looks to be a beer whacking Friday 🤣 Have a great weekend all...YCRM$$
…if ya ain’t already got them, good luck getting any! They’re EM and can only be gotten via Canadian brokerages as of now, also only day orders allowed~ no until filled lol!
YCRM about too make me sum $ while we wait over there lol!!!
Good afternoon ladies. Still here and reading all the post, but staying quiet as I wait for the huge turnaround.
LEHNQ
Finger Check.
Yep “EM” like my other ticker LENNQ :)… still waiting on the biggest BK in His’Story over 15 years
Does anyone know how much money Rick and Kevin gets for their services?
I'm pretty sure he meant "Expert Market"
See surfkasts message on the DD board from yesterday. Go ahead post your cheerleading over there and see what happens;)
Bashing on a company board isn't a good idea either. Oh no, everybody did you hear more bashers might come here to tell us how crappy this is. We would sure be Lucky if they don't. Prost!
Care to explain? What I find looks promising. Like I haven’t seen many in the OTC that look this good. Maybe I’m missing the obvious? Anything? Thinking about buying. TIA
Pumping on the DD board isn't a good idea. If you're lucky, they won't come over here to show how crappy this stock is.
Hey, Green is Green. Slow steady rise until volume arrives.
I'll be honest...I thought this would by on the EM by now. I guess it's good that it's not.
It doesn’t matter because Rick is never on time.
You only have 5 days for an extension, not 15.
$YCRM ran from .001 to .01+ quietly in 5 days. Catalyst was 8-K reverse merger filing.
They took this from .001 to .01+ in Nov.
They can turn on the buy algo again for the next big catalyst. Audited financials.
No change to share structure since.
They can take this again from .007 to .07+ in Apr-May upon 10-KT filing.
May 31, 2025 chosen as maturity date for both of Trillium's convertible notes.
May 31, 2025 is also the due date for 2025 Q1 10-Q filing (with extension).
By this point they will have filed (filing due date + extension):
2023 10-KT (05/15)
2024 Q1 10-Q (05/31)
2024 Q2 10-Q (08/31)
2024 Q3 10-Q (11/30)
2024 10-K (04/30)
2025 Q1 10-Q (05/31)
If Mr. Rick Jordan closes one acquisition per quarter with growing revenue and net income in each quarterly filing, will this be enough to uplist ReachOut on Nasdaq by mid-2025?
The Bashers will be here very soon also. Mark this post!!!!
You are short sighted. "Beginning of a breakout". We only have 349 mill o/s. That set up could go beyond ten cents with the right set up. Supply and demand. One big volume day and ycrm rips hard. That is short term and can happen on big audit numbers. It could happen. I'm talking epic run coming... ....
My only regret is not getting my million shares 1st before breakout…, so I’ll have to make do with my 1/4 mill…!
We are starting to breakout of a 6 month massive Pennant Flag . The buyers will come quickly. A massive run is just beginning...... you heard it here first!!! Watch n learn!!!! The accumulation has been massive.
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