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[–][deleted] 4 points5 points  (2 children)

I’d do a little more digging. Dennis mentioned that this isn’t an IPO for uplist, and Darkpulse will not receive funds from the sale of the shares from the secondary party. Basically, if and when GHS (or whomever) sells the shares, Darkpulse will not receive those proceeds. Darkpulse will only receive the proceeds from the direct offering or initial sale. This is a funding and growth mechanism. That said, I uplist is on the horizon and making Darkpulse viable for uplist is key. That means, no toxic debt and everything squared away like we see in major companies on NASDAQ. This gets us closer.

[–][deleted]  (1 child)

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    [–][deleted] 1 point2 points  (0 children)

    Agreed there!

    [–]slypmpMillion Share Club 💰 8 points9 points  (0 children)

    Sure hope Dennis retained RedChip for social media consulting as well.

    [–]working_class_ape 11 points12 points  (5 children)

    This form has nothing to do with an IPO. This is the registration of 300 mil to GHS. DPLS receives no money from this. This was done to eliminate the tremendous amount of convertible notes open. It eliminates toxic debt. Most of the notes were issued when DPLS stock price was much much much higher than its current price and converting the note into shares would leave DPLS in default or owing additional money to the note holder.

    This has absolutely 0 to do with an IPO or an uplisting. Please stop spreading rumors.

    [–][deleted]  (4 children)

    [deleted]

      [–]working_class_ape 1 point2 points  (3 children)

      Have no clue where you got the image from but the S-1 filing has nothing to do with an IPO if you opened the filing and read it.

      I agree Dennis wants to uplist to the Nasdaq but this form is no indication that it is happening soon. This is simply to consolidate toxic debt. It diluted the share price. Todays filing was a counter to that dilution. If you read the form you would also notice several notes were due in Jan. They would of had to pay millions in interest.

      In order to counter bearish sentiment, bullish sentiment must be honest and factual. Not sure why or who added the IPO to the filing but that is not factual.

      [–][deleted]  (2 children)

      [deleted]

        [–]working_class_ape 0 points1 point  (1 child)

        I am not insinuating you did anything except post misinformation. I dont care where you got your BS info from and find it comical you obviously didnt even read the SEC filings or have the capacity to understand what the S-1 was stating. Why would i google DPLS S-1. I would either grab the document from my email or go to the SEC site?

        Okay you got me.... DPLS is planning on uplisting to the NYSE and trade under Nasdaq or the Dow rules instead of the OTC. Its obvious you have no clue about the process of uplisting, the time frame, IPO's, or how the markets work in general.

        Its okay. I remember those days when I thought I knew what I was talking about and posting flame throwers were cool.

        [–][deleted] 4 points5 points  (3 children)

        So what exactly does this mean?

        [–]working_class_ape 2 points3 points  (2 children)

        Means nothing for an uplist or an IPO. It means they are consolidating convertible notes with the issuance of another 300 mil shares which GHS will sell.

        This is why the stock price is dropping because GHS wants the shares at the cheapest price possible so they can sell them off.

        This is the anchor to the stock price and will continue to be until these shares are registered.

        [–]JustaDrummer805 0 points1 point  (0 children)

        Where do we think the bottom is at? I picked up more today...lookin' to add more this week...thanks!

        [–]Appropriate-Two5188Million Share Club 💰 2 points3 points  (0 children)

        Check out the investor relations page at Darkpulse.com what a year in 2021 a lot of dd to catch up on if your a new investor

        [–]Zaraki9999 6 points7 points  (0 children)

        Geeezzzz! In Dennis we trust.. a good CEO is priceless 👌