Buellersback
3 days ago
Entrex Update - Entrex is doing everything they can to accelerate the process, but it's all in FINRA's court at this point.
https://blockchain.entrexcarbonmarket.com/EntrexNewsFAQs.nsf/0/4D1723EDE944DD3F85258B5C006949D2/%24File/2024-07-16%20-%20Entrex%20files%20annual%20for%20OTC%20compliance%20-Press%20Release.pdf?Open
Entrex Carbon Market Files Annual Report with OTC Markets
providing Management Discussion and Analysis for interested investors
Boca Raton, Fl., July 16, 2024: Entrex Carbon Market, Inc (OTC: RGLG) today announced it has satisfied
the annual OTC Markets filing requirements with additional information that offers investors and other
interested parties a management discussion and analysis.
โWeโve been in a conundrum for the last year or so when OTC has restricted our ability to issue filings
pending FINRA approval. This has represented a significant challenge to the company,โ said Stephen H.
Watkins CEO of Entrex.
โLast week OTC allowed us to file our annual report to maintain listing compliance by granting us 12
business hours to file on OTCIQ.โ โOnce again we are now shut out pending FINRA approval,
โ continued
Watkins.
โInvestors look and see us broken, yet we are unable to fix things while FINRA takes its time. It has taken
nearly a year to accept a simple name and symbol change, which the Nevada Secretary of State accepted
quickly back in April 2023.โ
โI canโt tell you how many investors get excited about Entrex โ then go to see RGLG as a symbol and UHF
Logistics Group, Inc. as the company and get confused and start with structural questions,
โ said Tom
Harblin, an Entrex Partner. โOur experience is that this is not the efficient American capital market weโre
educated about in school. If anything, at this point, a private company has less explaining to do. Investment
bankers struggle when what they see suggesting our house needs to be put in order โ yet we are prevented
from doing anything. Itโs like a fire where the hose is positioned but the fireman wonโt turn on the water,
โ he
continued.
โOur MD&A offers investors what we believe is the current story about our initiatives. Despite the challenges
we face with market participants, weโre excited and optimistic about the scale of our initiatives,โ continued
Watkins. โThose interested should be able to glean from our filing the challenges and opportunities we have
but should see how we can build a significant public company.โ
โOnce FINRA approves, weโll be able to provide investors more information while we finalize legal opinions
with the expectation, weโll soon move up in the OTC listings.
###
About Entrex Carbon Market:
Entrex Carbon Market established a leading market to trade securitized fixed-income environmental projects
and the associated carbon offsets. The company works with carbon offset project owners to create
"compliance grade" carbon offsets which have been institutionalized by Wall Street brand name providers.
Today, the company works with dozens of carbon projects, each registered and authenticated to provide
credible, institutional securities traded to customers through broker-dealers serving their clientโs needs.
For further information:
Stephen H. Watkins, CEO
Entrex Carbon Market, Inc
(OTC:RGLG)
(561) 465-7580 or 877-4-ENTREX
www.entrexcarbonmarket.com
Buellersback
4 days ago
Good to know you speak in generalities, so nothing is relevant to RGLG if haven't done any in depth DD on why the reverse split was necessary. My DD call with Watkins, reassured me to no end. I've already been very profitable with Entrex over the last 4.5 years, and I see know reason this won't happen again. Time will tell who is right but, at the end of the day, I'm just here to make money, not 'win' debates.
PS: if someone (not you) states that speaking to the CEO of a company , or for that matter, exchanging DD privately with other shareholders automatically qualifies as insider information, then they are complete idiots. Anyone can call Watkins - he's experienced enough to know not to divulge or discuss anything that isn't public. The stupidity that gets posted on this chat for the last 6 months is mind blowing Lol.
Zorax
5 days ago
If you did any DD, you would know why, but you rather speak in generalities about how all pinkies are bad, so RGLG must be the same. Meanwhile in reality land, Entrex did this for a specific reason, and it's excellent for all shareholders based on my DD. Fins are submitted, and it's a huge move in the right direction no matter how you try to spin it.Well, that was a nothing burger statement about ... nothing. Are we suppose to sign in to your secret PM club or purchase the UHF decoder ring? That really was a juvenile missive.
Did you go to edgar and lock your filing on that annual yet? Go to adobe on their reader page and find out how to secure and save a file. Thank me later.
Love and 💋's.
I'm disappointed that you keep deleting those warm notes you write here to me, I thought you cared?
Buellersback
5 days ago
If you did any DD, you would know why, but you rather speak in generalities about how all pinkies are bad, so RGLG must be the same. Meanwhile in reality land, Entrex did this for a specific reason, and it's excellent for all shareholders based on my DD. Fins are submitted, and it's a huge move in the right direction no matter how you try to spin it.
$RGLG
Zorax
5 days ago
"Our legal counsel has provided FINRA, at its request, with an 18-year history which was a significant undertaking. We found FINRA's requests to be both extensive and unexpected, as during the years in question Regal Group operated primarily under FINRA's purview.
.
As of June 30th, 2024, we have complied with and responded to all information requests We have received no response as of the date of this filing.
Unlike OTC which reinstated RGLG as Pink Limited, FINRA is absolutely holding back RGLG from becoming Current. Ball is in their court, and will be until they DO THEIR JOB! Entrex is doing their part. Bwaahaahahaaahah... you're posting crap from your own PR which purports their own conclusions and lies as if they knew the truth.. I spat my coffee all over my keyboard. Now I have to clean the dang thing up because of you and this hilarious excuse from uhf. Ugh.
BTW- speaking of lame and reckless posting... this is to that adobe acrobat 'letter' unaudited annual, annual reports are supposed to be audited.
But the reckless part is, you submitted it unprotected. If I had a adobe account, I may have been able to edit that report. One would figure, yea, but it has to be an officers account, but, if it was properly done by anyone who knew what they were doing, no public links to edit would be available in the first place.
And this is meaningless, thrown in there to somehow reflect something uhf was supposedly involved in.. baloney.
Our experience in founding multiple companies that utilized WIP financing, including SMS/Assist which was managing 1,000,000 projects a year when sold in 2023 for $950 million
How's that dividend coming along? And the lawsuit?
And this is the way adobe saved the text and I'm not going to bother to correct it. But scroll to the red highlights to really get the word salad nonsense that is UHF.
https://acrobat.adobe.com/id/urn:aaid:sc:US:c8d355da-62b5-40bc-8d77-65d7fbf13600
After establishing a LOI on the buy side for up to $3 billion in carbon offsets, we found the buyer-mandated due diligence for each carbon offset-producing project was extensive. Due to the historical problems of fraud and duplicate sales of carbon offsets, buyers had understandable concerns regarding the credibility of the underlying offsets. We attempted to mitigate this friction by working with industry-leading partners to build credibility for the buyers. While these efforts were successful to an extent, market sentiment was turning against afforestation projects where we were focused at that stage. We are now moving away from our concentration on afforestation projects in favor of cash flowing, fixed income-type investments in carbon projects that make a carbon mitigation difference, and we believe this approach will enable our business to grow. We further believe this growth will result in revenues which could make us cash flow positive in the near future. Operationally, our team is experienced and capable of managing the negative cash flow impact of our current stage of business. As our projects mature and anticipated financing events occur, cash flow will initiate. We also anticipate private offerings that will support our ability to work with Brokers to originate and place transactions. We will continue to work with several markets and exchanges to bring deal flow which could expand their business by using our methodologies. Overall, we anticipate significant project growth during 2024 which will provide revenue in excess of our operating costs, which are minimal at this stage. As predictable cash flow is established, we anticipate building our team and increasing our operational costs appropriately. We currently have a small number of large projects, which creates concentration anxiety for management. We hope an increase in project origination throughout the remainder of 2024 will offset this risk. We expect cash flows to be inconsistent until the project base is large enough to have multiple projects funding and producing simultaneously, which is unlikely before 2025. In the meantime, the concentration and lack of deal flow is of significant concern to management. Our full-time employee headcount has been consistent since our founding, our approach has been to use experienced temporary and contract employees where possible. Our capital expenditures are marginal and have limited impact on our financial statements but are expected to grow in the future, along with significant growth in advertising/marketing to Broker Dealers to seek capital and/or cash flow. We anticipate that the growth rate of our costs and expenses, other than stock-based compensation, may exceed the growth rate of our net income. Managing this growth will require additional employees and other resources. We expect to, but may be unable to, manage this growth effectively. In late 2023, we decided to gr . However, accrual-based financial reporting does not accurately reflect efforts sunk into pre-revenue projects. Leadership understands we must operate using WIP financing to appropriately allocate resources to projects in order to manage cash flow and profits. Our experience in founding multiple companies that utilized WIP financing, including SMS/Assist which was managing 1,000,000 projects a year when sold in 2023 for $950 million, gives us the expertise to distinguish between financial accounting for public reporting purposes versus management accounting using WIP financials. We anticipate a Work in Progress Audit in the future, which will more accurately reflect the profit and loss of the company. Legal Matters In 2023 the Company agreed to settle a judgement through the distribution of shares and the payment of legal fees through an agreement reached between the Plaintiff and the Company. This was ratified by the Board in 2023, and shares were allocated and distributed pursuant to the settlement. Subsequent to the settlement a legal complaint was filed by Plaintiff counsel against the CEO individually for the payment of legal fees ($92,460), therefore we have not booked the liability today. Upon finalization of this complaint the Board has agreed to compensate legal fees either directly or through compensation to the principal pursuant to the disposition of the case.
Buellersback
5 days ago
" Finra has to wait on the companies to supply updated and correct format submissions.
Finra does not help or hold back companies."
Bahaha, if you only did a minimal amount of DD, you would realize how much nonsense you just posted.
It's not my job to do this for you, but in the name of refuting your nonsense, here's what is in the he Annual report:
"Our legal counsel has provided FINRA, at its request, with an 18-year history which was a significant undertaking. We found FINRA's requests to be both extensive and unexpected, as during the years in question Regal Group operated primarily under FINRA's purview.
.
As of June 30th, 2024, we have complied with and responded to all information requests We have received no response as of the date of this filing.
Unlike OTC which reinstated RGLG as Pink Limited, FINRA is absolutely holding back RGLG from becoming Current. Ball is in their court, and will be until they DO THEIR JOB! Entrex is doing their part.
$RGLG STRONG
Zorax
5 days ago
If only, I had more powder! Congrats for the ones that got their hands on cheapies.
$RGLG StrongSaid like a true officer of the corp. You guys are humorous.
Didn't you catch that this is down 95% in 6 months? With a yield sign? On the lowest tier of a non exchange private lister? Non SEC filer? Unaudited?
RGLG
UHF Logistics Group, Inc.
Common Stock
0.0675
-0.0025
-3.57%
0.055 / 0.08 (1 x 1)
Real-Time Best Bid & Ask: 11:57am 07/16/2024
Delayed (15 Min) Trade Data: 11:58am 07/16/2024
Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11. The Pink Limited Information tier may include companies that are delinquent in their filing obligations with the SEC, a foreign exchange or regulator, or under the Pink Disclosure Guidelines, as well as non-U.S. companies listed on a foreign exchange that does not require English disclosure and do not certify their compliance with SEC Rule 12g3-2(b).
JettaR
6 days ago
Who said massive dump? You must have read that somewhere else.
Just the facts
If it walks like a duck, quacks like a duck, you know what it is.
If it's priced in the toilet, smells like #$%@, it's a piece of _,_,_,_.
Volume and dollar amount makes no difference. It's still in the toilet.
Facts.