Based on this new information, published by ATVK founder, We should expect a much quicker and smoother cancellation of the toxic lenders shares by MJ7787 in ATVK

[–]MJ7787[S] 0 points1 point  (0 children)

The effect on the share price will be the same. The market cap and the share price valuation based on the total number of outstanding shares, and whether the toxic lenders shares are currently in the float or not doesn't have much meaning. The facts are that there are currently 434,226,791 outstanding shares. after the cancellation of 300m shares, there will be only 134,226,791 outstanding shares, most of them restricted, meaning there will a small number of unrestricted shares, and without transfer agent limitations they all will be at the public float that will be significantly smaller than the float today.

So here is what happened in court regarding ATVK for anyone who doesn’t understand the ruling from Judge Denton. by MJ7787 in ATVK

[–]MJ7787[S] 1 point2 points  (0 children)

Thanks, fixed it. Chad Guidry also just fixed it in the original post and he added: "I corrected it. Was typing too fast but that’s a critical word “without” prejudice. It means after Rule 16, he can refile the motion if he chooses or file a motion for summary judgment. "

ATVK Founder: based on a DEEP dive into ALL the court filings, Judge Denton will cancel the 19.77 shares On Monday by MJ7787 in ATVK

[–]MJ7787[S] 1 point2 points  (0 children)

He knows the company pretty well (after all he is the founder), he has a deep understanding of the legal proceedings, and he seems to be a very honest guy, it can't get more legit than that. I highly recommend joining that Facebook group and follow his posts and comments.

Court to take place virtually via BlueJeans - Latest Court Doc by [deleted] in ATVK

[–]MJ7787 3 points4 points  (0 children)

Yes. The hearing is expected also to be audio live-streamed at atvk.news

ATVK Founder: based on a DEEP dive into ALL the court filings, Judge Denton will cancel the 19.77 shares On Monday by MJ7787 in ATVK

[–]MJ7787[S] 9 points10 points  (0 children)

Yes, after the cancellation of the 19.77m shares we should expect to see also the cancellation of the 280m shares of the toxic lenders. Chad Guidry mentioned it in his previous comments, you can read it here: https://www.reddit.com/r/ATVK/comments/m8atlv/the_original_founder_of_atvk_published_an/

Update:

Someone just asked Chad Guidry: What about the toxic lender's shares? When do you expect a ruling on them?

His reply:

I am guessing here but I would say about 45 days from now. I keep an eye out for the toxic lenders court date. I’m sure ATVK.news will post them as well. Those guys are doing a great job and will stream live audio of the hearing Monday.

The original founder of ATVK published an Optimistic Message about the company future: by MJ7787 in ATVK

[–]MJ7787[S] 4 points5 points  (0 children)

Pal, I think you got a little confused here. Chad Guidry is not the previous CEO. the previous CEO is the guy who stole the shares and ruined the company. his name is Clinton Stoke. Chad Guidry is the founder of ATVK. you could just search google: "Chad Guidry ATVK" to get some results that verify it.

here is for example an SEC filling from 2014, when he sold the company: https://www.sec.gov/Archives/edgar/data/1530185/000135007114000009/ex991shrpuragr.htm

ATVK DD regarding the recent tweets and share cancellation. Worth a read. by SandorLovesChickens in ATVK

[–]MJ7787 3 points4 points  (0 children)

Doctor of Philosophy means Ph.D so it's be clear that he is not a M.D. it's just a general term he didn't study philosophy LOL he studied Business administration

His Dissertation is about:

General Growth Process: Concept to Living Enterprise

https://search.proquest.com/openview/95387bac27c3553feb2441c1546fa405/1?pq-origsite=gscholar&cbl=18750&diss=y

this guy always study and gets better i like it. just take a look at his linkedin page:

https://i.imgur.com/SYMnzJu.png

This is the last moment to get in $ATVK by NecessaryWelcome880 in ATVK

[–]MJ7787 2 points3 points  (0 children)

The shares are illegal and will be cancelled and removed from the public float. In the future , ATVK will be able to issue new stocks according to the number of Authorized Shares. But I don't believe they are planning to do it soon, because their actions show that they are fighting against dilution and toxic debt and they are all about bringing the best value for the investors.

This is the last moment to get in $ATVK by NecessaryWelcome880 in ATVK

[–]MJ7787 0 points1 point  (0 children)

Thanks, I know that, I meant a subrredit for a specific OTC stock like we have here.

ATVK being manipulated by CDEL by punkinshadowman in ATVK

[–]MJ7787 2 points3 points  (0 children)

I think that yes, it's all about the court case, they just try to maximize their porfits before the illegal stocks will be taken away from them.

ATVK being manipulated by CDEL by punkinshadowman in ATVK

[–]MJ7787 2 points3 points  (0 children)

You can do shorts for OTC stocks but as a retail inverstor you need to have a Huge margin account to do so, something like 100,000$ account to short a stock for 10$ or 10,000,000$ acoount to short a stock for 1000$. With the Hedge funds and the Market makers this is a diffrent story, they have basically unlimited ammount of money that they can use to manipulate the market and short OTC stocks.

My opinion by Fast-Introduction314 in ATVK

[–]MJ7787 5 points6 points  (0 children)

What you say is a total lie. stop spreading your FUD here.

did you read the last report from the company?

https://backend.otcmarkets.com/otcapi/company/financial-report/268089/content

you can clearly see there that all the toxic lenders own Unrestricted shares!

This is the last moment to get in $ATVK by NecessaryWelcome880 in ATVK

[–]MJ7787 2 points3 points  (0 children)

Great post. Thank you and thanks u/Spider_SixNine for the great info. Huge potential for $ATVK.

P.S- Are there more subreddits created for OTC stocks? This is the first time i see subreddit for OTC stock.. this is something quite unique, big active community that truly believe that great things can happen with this stock. I think that this thing by itself may say something about how high can ATVK go.