gr8grins
23 hours ago
Your really obsessed with your knowledge (or lack of) everything OTC, especially Sharps shells. Mybe you should spend some time looking into SEC requirements and the differences of various entity reporting requirements:
SRNW Doesn’t Need a New 211 to Merge
It’s already fully reporting, already trading, and already compliant. A merger or business combination can be announced at any time—no 211 required.
If we’re waiting, it’s not regulatory. It’s strategic.
1. SRNW Does Not Need to File a 211
Let’s be crystal clear: • SRNW is already SEC-reporting • Already trading on OTC Markets • Already has market maker quotes • Already files 10-Ks, 10-Qs, 8-Ks
Rule 15c2-11 (aka Form 211) only applies to non-reporting or dormant tickers trying to become quotable again.SRNW is not one of them.
?
2. What Changed in Late 2024?
It’s true that: • FINRA and the SEC tightened 211 enforcement • New rules focus on preventing fraud, fake shell promotions, and dark tickers suddenly reappearing • Broker-dealers now have more liability in sponsoring 211s
But this affects: • Dark/unquoted tickers • Shells trying to become active after long dormancy • Tickers with no current financials or disclosures
None of this applies to SRNW.
?
3. Why “The 211 Is So Important” Is Not Relevant Here
The user you quoted seems to assume every shell needs a new 211 before merging. That was true before SRNW was reinstated and brought current. But: • SRNW has already cleared that bar • It’s been active and reporting for over a year now
There is no regulatory block to SRNW merging or announcing a deal.
?
4. Final Clarification • If a merger is ready, it can be PR’ed and 8-K’d immediately • A new Form 211 is not required • FINRA doesn’t “process” a 211 for reporting, trading tickers—they’re already cleared
gr8grins
4 days ago
@MrSmith18,As a follow up to ARobinsons' question, what is your opinion of international companies being fast tracked to HQ or move manufacturing to the USA? I did find some information on incentives. And thought you might provide insight or comment on this.
Here is what I found:
President Trump is actively using tariffs and incentives to encourage foreign companies to relocate operations to the U.S. His administration’s “America First Investment Policy” aims to facilitate foreign investment from allied nations while restricting investments tied to adversaries like China. Tariffs on imports, such as the recent 25% tariff on foreign-built cars, are designed to make offshoring less appealing and boost domestic manufacturing. Additionally, tax incentives and rebates, including proposed credits for purchasing U.S.-made vehicles, are being finalized to further promote reshoring.
The “fast-track” process under President Trump’s America First Investment Policy offers several benefits to foreign companies from allied nations: • Expedited Reviews: It streamlines the CFIUS review process, reducing delays for investments in U.S. businesses, especially in advanced technologies. • Clearer Guidelines: Investors who maintain independence from adversaries like China will face fewer restrictions, enhancing predictability and reducing regulatory burdens. • Simplified Mitigation Agreements: The process limits complex national security agreements, focusing on concrete actions with specific timelines, lowering costs for foreign investors. • Environmental Review Acceleration: Investments exceeding $1 billion will benefit from faster environmental reviews, facilitating large-scale projects.
Please comment regarding SRNW's ability to find a foreign entity to merge with and how the 'fast track' incentives would affect the timing.
gr8grins
1 week ago
Hi MrSmith18,
I found an interesting coincidence. Per the latest SRNW 10K, the 200,000 warrants recently exercised were done on Jan 21, 2025. That was the same day the RW form to cancel the FORW S-1 was filed. Now, these dates coincide with various news about SoftBank and ARM. Check it out:
1. December 19, 2023: FORW S-1 filed. This was the same day that this press article came out:
https://www.telegraph.co.uk/business/2023/12/19/softbank-and-arm-chiefs-meet-hunt-as-city-reforms-open-door/
2. January 21, 2025: FORW S-1 wound back and 200,00 SRNW warrants exercised. Project Stargate with SoftBank as the lead is announced.
https://group.softbank/en/news/press/20250122
Project Stargate involves hundreds of billions of dollars of investment that might motivate to list or sell ARM shares.
What do you think about these timing coincidences?
MrSmith18
1 week ago
It's difficult to pinpoint GS's exact strategy, but it seems likely that he's waiting for a signal from his Israeli partners. That could explain his recent pattern of tweets—strongly critical of Palestinians while praising Israel. Given the nature of his remarks, it’s hard to imagine anyone outside of his inner Israeli circle supporting such rhetoric and behavior.
Regarding the reported decrease in the number of shareholders from 191 to 24, this consolidation could have several implications:?
1. Regulatory Compliance: A reduced shareholder base might allow the company to deregister from certain SEC reporting requirements, thereby decreasing compliance costs.?
2. Ownership Concentration: Fewer shareholders can lead to more centralized control, facilitating decision-making processes, especially in strategic initiatives like mergers or acquisitions.
SRNW has been trading in a tight range for quite some time, with shares quietly being scooped up from various non-brokerage entities. This appears to be a deliberate strategy, likely in preparation for an imminent merger. With Trump's tariffs incentivizing international firms to establish operations in the U.S., the pool of viable candidates is growing. Before long, GS and his partners could find themselves navigating an abundance of potential deals.
JMHO
ARobinson
1 week ago
Hey MrSmith18, on the latest 10k we noticed that the SRNW shareholders of record dropped from 191 to 24. I did some reading and it seems there are two types of shareholders for SRNW (needs to be fact checked):
1. Retail who bought through a brokerage. In this case, even if 100 people own the stock via the brokerage, it will only show up as one kind of shareholder of record (to represent the brokerage).
2. Special shareholders that have some kind of private/direct placement of shares with SRNW, so they own shares directly in their names.
If i had to guess, I'd say that the shareholders in category #2 have had some consolidation or clean-up activity done in 2024 such that either they sold their shares or they now own them through a brokerage. So the cap table for SRNW looks a lot cleaner now with just 24 people (for comparison, WNFT seems to have 6).
Any thoughts on this? Thanks!
MrSmith18
2 weeks ago
GS is spinning his wheels with those Israeli hostage tweets—almost like he’s as frustrated as we are with the lack of progress. It reinforces the idea that any merger deal is out of his hands, likely being navigated by Israeli partners or well-connected insiders shopping his shells.
If you step into his team’s perspective, their frustration with Trump’s tariff flip-flopping and the looming 'Liberation Day' makes total sense. No one in their right mind is launching a merger in this uncertainty—it’s just too risky. But on the flip side, this industrial rebalancing could create extraordinary opportunities for them. Foreign companies are gearing up to invest heavily in the US to bypass tariffs, and I’d bet GS’s team has already had some serious conversations.
As momentum builds for more companies to set up shop in the US, the probability of GS’s team locking in a well-funded candidate for his tickers increases. The environment may look too risky now, but as key decisions unfold, the tide could turn massively in our favor.
JMHO
gr8grins
2 weeks ago
@MrSmith18
I suppose you saw this post?Care to comment, George certainly hasn't!
$SRNW $FORW $WNFT $GVSS @GeorgeASharp @GSharpRacing @zoemakv @ArmStock_
Mr. Sharp,
I recently came across your publicly shared “shit list,” which includes numerous individuals and tickers that, as you noted, have been involved in questionable or outright shady practices. In…— M2O (@gr8grins) March 23, 2025
gr8grins
2 weeks ago
@mrsmith18We haven't heard from you in a while. Any thoughts on this viral trending post on X?
$SRNW $FORW $WNFT $GVSS @GeorgeASharp @GSharpRacing @zoemakv @ArmStock_
Mr. Sharp,
I recently came across your publicly shared “shit list,” which includes numerous individuals and tickers that, as you noted, have been involved in questionable or outright shady practices. In…— M2O (@gr8grins) March 23, 2025
I-Glow
3 weeks ago
Obviously you don't understand that Sharp filing an S-1 under the 1940 Act will never pass SEC comments.
The 1940 Act’s heavy compliance load—detailed investment policies, leverage limits, board requirements—clashes with the lean, scrappy nature of OTC firms. They’d rather wrestle with a 1933 Act S-1 than touch 1940.
OTC companies—especially microcaps like those George Sharp often digs into—tend to stick to the Securities Act of 1933 for initial offerings or the Securities Exchange Act of 1934 for ongoing reporting and secondary offerings. The 1940 Act is more niche, usually reserved for entities like mutual funds or hedge funds, not the typical penny stock operating company you see on the OTC markets.
This is another excuse not a reason for withdrawing the S-1.
IG
I-Glow
3 weeks ago
Obviously you don't understand that Sharp filing an S-1 under the 1940 Act will never pass SEC comments.
The 1940 Act’s heavy compliance load—detailed investment policies, leverage limits, board requirements—clashes with the lean, scrappy nature of OTC firms. They’d rather wrestle with a 1933 Act S-1 than touch 1940.
OTC companies—especially microcaps like those George Sharp often digs into—tend to stick to the Securities Act of 1933 for initial offerings or the Securities Exchange Act of 1934 for ongoing reporting and secondary offerings. The 1940 Act is more niche, usually reserved for entities like mutual funds or hedge funds, not the typical penny stock operating company you see on the OTC markets.
This is another excuse not a reason for withdrawing the S-1.
IG
MrSmith18
4 weeks ago
This is what we knew prior to this tweet...
Forwardly, Inc. (OTCMKT: FORW) has invested $400,000 in Stratos Renewables Corporation (OTCPink: SRNW) by purchasing 2,000,000 units. Each unit comprises one share of SRNW common stock and two warrants:
- Warrant A: Allows the purchase of one additional share at $0.30, exercisable by December 31, 2024.
- Warrant B: Allows the purchase of one additional share at $0.50, exercisable by December 31, 2026.
Therefore, FORW holds a total of 4,000,000 SRNW warrants—2,000,000 at each exercise price.
What remains and has changed is the following:
2m warrants...
- Warrant B: Allows the purchase of one additional share at $0.10, exercisable by December 31, 2026.
----------------------------
GS’s latest tweet about repricing SRNW warrants to $0.10 is definitely a welcome development. The fact that he’s already exercised 200,000 of the remaining 2M warrants at this price means FORW just moved $20K into SRNW—and likely establishes SRNW’s new floor at $0.10.
What does this mean? A couple of key takeaways:
1️⃣ GS is signaling confidence. By transferring $20K into SRNW, he’s implying a firm floor price of $0.10. More importantly, by exercising only 200K warrants instead of all 2M, he’s showing that he plans to **let the remaining 1.8M appreciate** post-merger. If that weren’t the case, he could have simply repriced all of them without exercising any.
2️⃣ FORW stands to gain significant liquidity. Those 200K shares will be sold post-merger, adding much-needed cash to FORW’s balance sheet. The big question: How high does SRNW open?
- If the merger is with a crypto startup, it could debut at $1, giving GS $2M in immediate liquidity, while his remaining 1.8M warrants would be worth $18M on paper. At that level, the merged company would have a $50M market cap.
- If SRNW merges with an international firm looking to enter the U.S. market to bypass Trump’s tariffs, we could be looking at a $10 opening price—and a $500M market cap, ...or much higher!
Big moves ahead.
JMHO.