StockSeedGems2143
3 weeks ago
More news. " Kinetic Seas Incorporated /F/K/A Bellatora Inc (OTC:ECGR) Announces Agreement with Oasis AI Learning to provide Internships and Educational Services
7:47 AM ET, 06/26/2024 - PR Newswire
SCHAUMBURG, Ill., June 26, 2024 /PRNewswire/ -- Kinetic Seas Inc. (OTC:ECGR) a leading AI consulting, educational, and hosting services company and Oasis AI Learning are proud to announce their new partnership to create a unique AI learning experience that brings together students, expert mentors, and high-level educational resources. Through a combination of Oasis' ability to effectively educate bright young students and the Kinetic Seas' expertise in the AI field, the two companies will work together to train the next generation of AI thinkers.................."
Slojab
1 month ago
Kinetic Seas has completed Phase I of its planned AI data center in Oak Brook Illinois. The goal of Phase I is to provide dynamic high-speed GPU and CPU resources for its consulting clients, educational programs, and internal product development. The Data Center provides a wide range of NVIDIA based GPU compute resources, a proprietary virtualization infrastructure for maximum flexibility and ease of use, and 10GB/sec Internet connectivity. Kinetic Seas collocates its data center within the Databank ORD4 facility that provides floor space, 24-hour support, connectivity, environmental controls, and utility access.
https://www.bing.com/videos/riverview/relatedvideo?q=Databank+ORD4&mid=39C83641CE4475A3795E39C83641CE4475A3795E&FORM=VIRE
https://www.otcmarkets.com/stock/ECGR/news/Kinetic-Seas-fka-Bellatora-announces-completion-of-Phase-I-of-its-data-center-for-AI?id=443418
Slojab
1 month ago
UPDATE SCHAUMBURG, Il., June 6, 2024. Kinetic Seas Incorporated (OTC: ECGR) (the “Company”), formerly known as Bellatora, Inc., has completed its first round of funding to continue the process of transitioning to a leading Artificial Intelligence consulting, infrastructure, hosting, and education company. The first funding round of $500,000 was designed to provide the capital to build the Company's CPU and GPU hosting infrastructure and launch the Company’s consulting and educational services. Funds were also earmarked for the development and implementation of the Company's first data center, located in Oakbrook Illinois, this facility was designed for AI training and inference, which began in early February 2024 and is powered by proprietary networking and virtual hosting technologies developed by the Company.
https://ih.advfn.com/stock-market/USOTC/bellatora-pk-ECGR/stock-news/94007937/form-8-k-current-report
StockSeedGems2143
2 months ago
" meaningless." ? To know, going forward, that the company has solid accounting firm ? And that, apparently, despite the inadequate former firm, there are no discrepancies. I call that , far from meaningless.
"At this time, the Company is not aware of any basis to believe that any previously issued financial statements should not be relied upon because of an error in such financial statements. However, the Company continues to assess its financial statements in light of the events described in Item 4.01(a) herein."
Meaning........ We're good to go. Onward and upward, imo.
Potse
2 months ago
ECGR...risk/reward still looks attractive.......
Kinetic Seas is NOT going to be a big boy!
Kinetic Seas has ZERO REVENUES and this biz has been around for years...with NO REVS, the Board of Directors has NO experience at all running a ticker, they have a low float now but the Insiders are looking to unload a MASSIVE amount of shares (what a shocker lol), they have NO experience pumping at all, their YouTube videos and their whole biz are all INCREDIBLY BORING (go check them out for yourself in my last post), lots of debt with convertible noteholders able to convert at a RIDICULOUS .00001 par value so they can be on the ask now at .168 and make 1,679,900% ROI.
I'm not saying it can't get a little run but you'd need ZackMorris pumping this in order get some good action here and he doesn't play with OTC's so your odds of success here aren't good. OTC's have been a joke for the past 2+ years anyways. Glad I'm out of this trash. GLTA.
There is no question that the overall state of the OTC Markets has been frustrating/dismal for a number of years now. The combination of policies from the SEC, OTC Markets and brokers have pretty much left this part of the market in shambles. The continual lure of liquidity in the Nasdaq and crypto markets have contributed to the problem in the OTC. And now we have more and more OTC companies that are having difficulty maintaining their filing obligations or just flat-out abandoning their listings. All of this has made it extremely difficult for retail investors to make any meaningful money down here in the OTC.
The damage to the overall OTC market may very well be permanent at this point, but hopefully there will still be brief moments and stock-specific opportunities that make it worth monitoring at least a little bit. I still think ECGR could be one of those reasonably nice opportunities. The SEC's ban on auditor BF Borgers on May 3 certainly throws in a complicating factor for Borgers' OTC clients like ECGR. I don't know what kind of damage/fallout over the next few weeks/months this will cause for the OTC and Nasdaq stocks that were using that auditor, but I will probably consider adding to my position at sub-10 cent prices if there is significant weakness in ECGR.
Maybe I am viewing ECGR through too much of an optimistic or bullish lens, but I see some things here that intrigue me a little bit: Insider and institutional (Ionic Ventures) participation in the financing at 5 cents, eventually a name/symbol change will get completed, eventually a 15c2-11 statement will be filed to restore quotes, the consultant has included a cause in his agreement that prohibits ECGR from using toxic financing, etc.
Kinetic Seas is a company that is still relatively early in its development stage. Yes, there are aspects to the business that might be considered somewhat boring, but there are also aspects to its business plan that could turn out to be quite interesting. The cloud hosting and data center part of the business is something that could open the doors to potential partnerships and acquisitions in the artificial intelligence space. From the 10-K.......
The final pillar of our business model is developing partnerships and incubation services for up-and-coming AI companies. Infrastructure, support, and product rollout are something most AI companies do not account for when they develop new products. Our partnership and incubation services are a flexible way to get long term hosting clients, earn consulting revenue, and potentially gain new partnerships that assist in our growth while we effectively utilize our infrastructure, software, and expertise. Because we provide a complete service, we are in a unique position to partner with exciting new products.
Although we do not intend to market incubation services directly, our marketing of consulting services and cloud hosting has already provided introductions to potential partners.
There will certainly be more financing/dilution here at some point for expansion of the data center capabilities and business operations. Terms/conditions of any future financing will be pivotal to this investment success or failure. I don't see the company debt right now as being something to be overly concerned about. The consultant controls most of the $200+K debt as of the last periodic filing. Since he already converted some debt at 5 cents back in December, my expectation is that he will continue to convert at that price or higher. The consultant's one million warrants can be exercised at $1 and $2.50, so any dilution from those would be relatively small. If the institutional investor that purchased shares at 5 cents wants to run the stock at some point, I have a feeling they would be able to do it quite easily.
I still have expectations of getting at least 40-50 cents on my position......
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173990705
DatDude
2 months ago
Kinetic Seas is NOT going to be a big boy!
Kinetic Seas has ZERO REVENUES and this biz has been around for years...with NO REVS, the Board of Directors has NO experience at all running a ticker, they have a low float now but the Insiders are looking to unload a MASSIVE amount of shares (what a shocker lol), they have NO experience pumping at all, their YouTube videos and their whole biz are all INCREDIBLY BORING (go check them out for yourself in my last post), lots of debt with convertible noteholders able to convert at a RIDICULOUS .00001 par value so they can be on the ask now at .168 and make 1,679,900% ROI.
I'm not saying it can't get a little run but you'd need ZackMorris pumping this in order get some good action here and he doesn't play with OTC's so your odds of success here aren't good. OTC's have been a joke for the past 2+ years anyways. Glad I'm out of this trash. GLTA.
DatDude
3 months ago
These guys on the BOD with Kinetic Seas are probably the most boring people on the planet! Sorry guys, I have to call it as I see it. Go to YouTube and look at what line of work they're in (AI which is exciting) BUT look at what they're actually doing and how incredibly boring this stuff is...this isn't going to get people excited at all imo!
https://www.youtube.com/@KineticSeas
They have countless videos just like this and each one is more boring than the next.
I can watch paint dry on a wall and be more entertained than this junk that they do.
Their financials sucked too. ZERO REVENUES, loaded with lots of operating expenses (payment to themselves), all kinds of notes payable (which will be even more dilution and dumped with conversions at a substantial discount to the current price of .12 potentially at "par value $0.00001 per share" which means getting shares at .00001 and selling at .12 would be a 1,199,900% (yes nearly a 1.2 MILLION PERCENT RETURN) return for those noteholders!!!), Outstanding shares keeps getting larger every week (and hasn't even begun the dumping yet), etc. THIS IS JUST A NIGHTMARE! GET OUT WHILE YOU CAN!
It would be one thing if they had a somewhat exciting story to tell but these guys have never even ran ANY publicly traded company so they don't know how to pump properly. I just haven't been excited about this play in a while.
I just see nothing at all to get excited about as they're getting ready to dump tens of millions of shares with nothing exciting to pump imo.
I'm not saying this to get you to dump on my bids or anything because I have NO desire to get back in this play at all. I used to be excited about the potential here if we got this above .30 and blue skies on it but let's be honest, it's hit a roadblock and it's not moving upward in price anymore. Smart sells were in the .20's and high teens and it's just going to get very painful going forward from here imo based off of the most recent price action and the fact they haven't dumped any shares yet and how incredibly boring their business is along with their financials not being anything to brag about at all.
Good luck to those of you who have the stones to hang in there! Big boards are getting volatile so options are where I'll be!
Slojab
3 months ago
Their profile is verified. The TA reference is posted at OTC Updates. For some reason it won't bring up the URL for me to paste.
OTC Updates (DELAYED)
🚨 $ECGR
💰0.1120
Pink Current, AS: 200M, OS: 31M, US: 1.7M
Update Delay: 72 hours
🔴Transfer Agent is no longer Verified
Chart, OTC Profile, Twitter, @otcupdates
142views
02:15
It was right before this post. If you note the time stamp of 2:15 you can drop the #69102 and put that URL into search to see it.
https://t.me/otcupdates/69102
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cashclan
1 month ago
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