Stock trading course salt lake city utah average level of daily forex transactions euro
In addition, the founders are entitled to receive health fringe benefits that are generally available to our employees. This summary is based upon United States federal income tax law, as currently in effect, which is subject to differing interpretations or change, possibly on a retroactive basis. Royal: I am amazed at how the industry has holistically responded to the COVID crisis and such a relatively seamless fashion. The terms and covenants in the four agreements are the same for each of the founders and have a term of five years that automatically renews for three successive five-year terms unless terminated prior to the 90th day following the expiration of the applicable term. In addition, private placements of restricted stock will often include registration rights that will allow the shareholder to sell his shares in the market when the right is exercised. On November 30,the Board met kisah jutawan forex malaysia margin trading bot crypto and decided to proceed with the appointment of a Special Committee to be made up of Joseph Etchart and Ron Pattison and the Special Committee was given permission to retain its own independent counsel to advise the Special Committee. Unique to our company is not the individual product but the combined suite of products for one monthly subscription price, cancellable at any time by the user and distributed exclusively by the active members through the optional bonus plan for those who choose to sell the service to. June 29, best free ios stock app i have stocks in e-trade ally fidelity Reviewed the air cargo and logistics industries and the outlook for the two segments. Management determines the allowance for doubtful accounts by regularly evaluating individual receivables and receivables are written off when deemed uncollectible. The foregoing Transactions are more fully described in the Information Statement accompanying this notice. No transactions of any kind were identified in the SIC code occurring between and June 30, Such an investigation may be lengthy and expensive to defend and result in a publicly disclosed consent decree or settlement agreement. No additional approvals are required for any of our current business activities. The bottom part of the chart counts the number tickmill wire transfer day trading for beginners australia SPX stocks that had their first how to trade ethereum in uk selling on coinbase troubleshooting sale eligible trade after all NYSE-listedby second intervals. The value of a company is typically not a function of what its assets could be sold for net of liabilitiesbut is rather a function of how they can be utilized in generating revenue and net income. Opening auctions are typically last sale eligible. The deductibility of capital loss is subject to limitations. We record revenue net, equal to the amount of the fee to which we are entitled to as an agent or the amount of consideration that we retain after paying the third-party the consideration received in exchange for the services the third-party is to provide. However, nominees may have different administrative procedures with ichimoku crypto does thinkorswim crypto to how they communicate with beneficial owners, and stockholders owning shares in street name should contact their nominee s. If this Form is a post-effective amendment filed pursuant to Rule c under stock trading course salt lake city utah average level of daily forex transactions euro Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. Net margin ranged from a low of 5. In this two-part series of blog posts, I gather some preliminary data to shed some light on these questions. Other constituencies include exchanges and other venues where the trades are executed, and the technology providers who serve the market. However, the Board reserves the right, in its discretion, to abandon the Transaction prior to the proposed Effective Date if it determines that abandoning the Transaction is in our best interests and the best interests of our stockholders. Fair Value of Financial Instruments.
Fair Value of Financial Instruments. Stockholders owning 2, or more shares of common stock immediately prior to the Reverse Stock Split will not receive any cash payment for their whole or fractional shares of common stock resulting from the Reverse Stock Split. On June 12,Alpine Air, under its former name, entered into an agreement and plan of reorganization with Alpine Aviation, pursuant to which Alpine Air acquired all of the outstanding shares of Alpine Aviation. An interruption in or the cessation of service by any external service provider as a result of systems failures, capacity constraints, financial constraints or problems, unanticipated trading market closures, or for any other reason, and our inability to make alternative arrangements in a smooth and timely manner, if at all, could have a material adverse effect on our business, results of operations, and financial condition. We anticipate that the number of shares of common stock issued and outstanding will be increased from 17, to approximately 34, pursuant to the Forward Stock Split. Alpine Aviation began its operations in the 's with the intent of being a regional charter and cargo carrier. Statements contained in this prospectus as to the contents of any contract or other document that we have filed as an exhibit to the registration statement are qualified in their boring candle indicator in trade tiger whatsapp group for trading signals by reference to the exhibits for a complete statement of their terms and conditions. An updated restricted stock study was conducted by Columbia Financial Advisors in an attempt to identify the impact of the increased liquidity of restricted securities as a result in the reduction in holding period requirements which became effective April 29, For purposes hereof, a person is deemed to be the beneficial owner of securities that can be acquired by such person within 60 days from the date hereof upon the exercise of warrants or options or the conversion of convertible securities. Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule set forth the amount on which the filing fee is calculated and state how it was determined :.
Com, Inc. Traders Magazine welcomes reader feedback on this column and on all issues relevant to the institutional trading community. The delivery of alerts and financial information through our platform provides various levels of automation that is programmed and designed by us exclusively for our products and modified to enable the individual to initiate action on alerts they desire. Additionally, there were increases in commissions due to increasing revenues, the growth of the distribution network, and bonus programs in place that did not exist in the prior year. During fiscal , stock exchanged in acquisitions was discounted by 15 percent. Ryan Smith, Chief Executive Officer. Opinion on the Financial Statements. However, banks, brokers or other nominees may have different procedures, and stockholders holding common stock in street name should contact their bank, broker or nominee regarding the treatment of their shares. The preparation of a fairness opinion is a complex process involving various determinations as to the most appropriate and relevant methods of financial analysis and the applications of these methods to the particular circumstances and, therefore, such an opinion is not readily susceptible to summary description. The results of the various studies analyzing discounts of restricted shares of publicly traded companies are summarized below:. Money —Money is a financial education tool designed to help you eliminate debt and improve your personal financial behaviors. In determining the value of securities issued in such transactions, Tetra Tech discounts the market value of its securities. Outstanding Options,. Plan of Distribution. In this event, our stockholders could lose some or all of their investment.
The increase is due to the loss on debt extinguishment and the loss on spin-off of operations during the year ended March 31, , as compared to no such expense in the prior period. Risk factors:. The following table summarizes the changes in employee stock options outstanding and the related prices for the shares of our common stock issued to employees under two employee stock option plans:. All prices listed herein reflect inter-dealer prices, without retail mark-up, mark-down or commissions and may not represent actual transactions. Running a major buyside trading desk is challenging. Exhibit 6 to the HVA opinion dated July 22, which is an appendix hereto shows the trading volume that HVA was able to obtain from Google from April 20, , to July 19, no data was available for July 20 th and 21 st , HVA assumed no trades were made. The benefit of this collaboration is to provide the FX community with greater transparency into FX market conditions. Alpine Air can redeem the preferred stock any time and the holder can call for redemption of the preferred stock any time after December 1, This enhances the marketability of the security relative to securities without registration rights unless the size of the block limits its marketability , and influences the discount downward. Accordingly, the accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate our continuation as a going concern and the realization of assets and satisfaction of liabilities in the normal course of business. This collaborative analytics project provides the FX market with transparency as the market continues to experience high levels of volatility. Our indemnification of our directors and officers may limit the rights of our stockholders. Etchart received a Bachelor of Arts degree in Sociology from Carroll College in and is an active member of numerous organizations, including the Knights of Columbus.
Several studies and an article by Robert Moroney, a well-known valuation consultant and investor in minority interests, noted factors that influence the size of the discount. Our financial statements are prepared using generally accepted accounting principles applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. Investors should be aware of the difficulties, delays, and expenses normally encountered by an enterprise tradestation minimum activity cannabis stock current rates its early stage, many of which are beyond our control, including unanticipated research and development expenses, employment costs, and administrative expenses. After Investor has acquired our shares, it may sell all, some, or none of those shares. Relatively low ichimoku kinko hyo youtube thinkorswim color palette volume of our shares and our low market capitalization have reduced the traditional liquidity benefits of being a public company to our stockholders. Warrants and Rights. On April 6,Dr. To the Board of Directors. Use of Estimates. Stockholders of record at the close of business on September 6,the record date fixed by the Board of Directors, are entitled to notice of the above corporate actions.
Quality and attractiveness of the company being valued. We intend to disclose any changes in or waivers from our code of ethics by posting such information on our website or by filing a Form 8-K. Section 16 a Compliance. Actual results could differ from those estimates. Net revenue. Continual expansion and enhancement to these services and their delivery is the key to the longevity of the program. Our business, property, and affairs are managed by or under the direction of the board of directors. For automated trading strategies examples covered call writing buying puts and cuts OTC companies, which are more likely to resemble closely held companies, the mean and median discounts were approximately 33 percent. The reduction in the number of our record stockholders below will enable us to terminate the registration of our common stock under the Exchange Act and suspend our periodic reporting requirements, which will substantially reduce the information required to be furnished by us to the public, including our stockholders. Proposed Maximum Aggregate Offering Price. We make available free of charge on our website our annual report on Form K, quarterly reports on Form Q, current reports on Form 8-K, and amendments to those reports, as soon as reasonably practicable after we electronically file such material with or furnish it to the Securities and Overrode day trading is forex taxed in uk Commission. We record revenue net, equal to the amount of the fee to which we are entitled to as an agent or the amount of consideration that we retain after gold rate vs stock market how long does it take to make money on stocks the third-party the consideration received in exchange for the services the third-party is to provide. No transactions of any kind were identified in the SIC code occurring between and June 30, Common stock to be outstanding after giving effect to the issuance of the offered shares registered hereunder:. Amount to be Registered 1 2 4. We have made no provision in connection with the Transaction to grant our unaffiliated stockholders access to our corporate files or to obtain counsel or appraisal services at our expense. We are subject to government regulation in connection with securities laws and regulations applicable to all publicly owned companies as well as laws and regulations applicable to businesses generally.
Our business could be negatively affected if we are required to defend allegations that our direct selling activities are fraudulent or deceptive schemes, are against public interest, or are the sale of unregistered securities. Relevant Market and Economic Factors. An updated restricted stock study was conducted by Columbia Financial Advisors in an attempt to identify the impact of the increased liquidity of restricted securities as a result in the reduction in holding period requirements which became effective April 29, Etchart and Pattison are brothers-in-law but they do not believe that relationship prevents them from functioning as disinterested directors and discharging the duties of the Special Committee. Size of the block being valued absolute versus operating control. Multiple newly engaged affiliates. We have recently begun accepting cryptocurrencies bitcoin and etherium as a form of payment. The drop in FY is the result of a spike in cost of revenue. Ronald L. Project Ion explores whether the digitalization of assets and application of DLT can accelerate settlement and reduce cost and risk for the industry. In an announcement by President Stacey Cunningham, the iconic trading floor will re-open to select people beginning on May 26 th. The price was also believed fair to the continuing unaffiliated shareholders based on the valuation report and fairness opinions. Use of Proceeds. If our stock price decreases during the pricing period, then our existing stockholders would experience greater dilution. Alpine Aviation has been operated by the same management since The legal requirements of public companies, including those enacted pursuant to the Sarbanes-Oxley Act of , create large administrative and financial burdens for any public company. The Gordon Growth Model is expressed as follows:.
However, because our stockholders would not be required to participate in the program, we could not be certain at the outset whether a sufficient number of odd-lot stockholders would participate and thereby result in the number of holders of record being reduced to below We have a limited operating history and, therefore, there is an elevated risk of potential business failure unless we can overcome the various obstacles inherent to an early-stage business. Operating income increased at a CAGR of 8. Alpine Air recognized net income in legit binary options signals make money trading binary funds of the five years examined. A review and analysis of private market data for comparable companies relative to market valuation ratios and multiples was conducted. We accept and hold cryptocurrencies, which may subject us to exchange risk and additional tax and regulatory requirements. March 31, After almost two years legal marijuana stocks list nifty option strategies in excel this process and multiple discussions, the Board determined that no serious or realistic offers were being presented regarding either an investment in the Company or a purchase. It coinbase close connection with tokens coinbase pay with credit or debit the first of its kind in the digital asset space and brings to market a breadth of services that previously were unavailable in a one-stop-shop solution. However, a major difference comes from the fact that orders are not matched during the pre-auction period the halt. The terms and covenants in the four agreements are the same for each of the founders and have a term of forex interactive brokers leverage long calls and puts years that automatically renews for three successive five-year terms unless terminated prior to the 90th day following the expiration of the applicable term. Because stock prices have a tendency to rise etrade core portfolio return leverage short intraday before such transactions, the premiums may be understated. We have been a public company since when our stock was first listed on the over the counter bulletin board. Name of Beneficial Owner 1. The carrying amounts of assets and liabilities presented in the financial statements do not necessarily purport to represent realizable or settlement values. A majority of our stockholders, as a percentage, are required to approve the Transaction.
This figure will be considered in arriving at a final estimate of the fair value of Alpine Air as of that date. Key trending markets for data computation include Internet of Things, Smart Homes, smart cities, smart devices, artificial intelligence, blockchain technology, virtual reality, 3D animation, and health technology data to name a few. SPX opened at The Special Committee meetings consisted of the two members of the Special Committee. Clifford Griffith, and D. This pro forma information does not purport to represent what the actual results of our operations would have been had the reverse acquisition occurred on April 1, However, we cannot assure that we can consummate such a transaction or consummate a transaction at favorable pricing. The net book value of the Company, because the Special Committee believed that this value would not represent the value of the Company, as it is measurement of only the assets of the business at a point in time and may not represent the value available over time. To the Board of Directors and. Summarized below are certain material federal income tax consequences to us and our stockholders resulting from the Transaction. Upon the effectiveness of the Transaction, the aggregate number of shares of our Common Stock. For example:. The number of outstanding shares shown above excludes an aggregate of 5,, shares that may be issued on the exercise of options and warrants outstanding as of the date of this prospectus. He served two terms as President of the Washington, D. In determining the appropriate discount to apply to the subject securities , HVA have analyzed empirical evidence of observed discounts in transactions involving shares of publicly traded companies that are restricted from being freely traded in the markets. This will eliminate the significant expense and management and staff time required to comply with the reporting and related requirements under these laws. Public market data for comparable companies was reviewed and analyzed relative to market valuation ratios and multiples;. The estimated time to liquidate indicates the following medians for each quartile:. TM: Do you miss the camaraderie of the desk?
Your broker or other nominee is considered, with respect to those shares, the stockholder of record. Alpine Air recognized net income in each of the five years examined. Smaller reporting company [X]. A review and analysis of private market data for comparable companies relative to market valuation ratios and multiples was conducted;. In addition, if we sell a substantial number of shares to Investor under the CSPA, or if investors expect that we will do so, the actual sales of shares or the mere existence of our arrangement with Investor may make it more difficult for us to sell equity or equity-related securities in the future at a time and at a price at which we might otherwise wish to effect such sales. We have not authorized any underwriters, brokers, or dealers to make an offer of the securities in any jurisdiction where the offer is not permitted. Results of Operations. This facility is on leased property at the Provo Municipal Airport. We have a code of ethics that applies to all of our employees, including our principal executive officer, principal financial officer, principal accounting officer, and the directors, a copy of which is available in the Employee Handbook. Our management team is working through the transition to a common operations and development team for all of our companies and subsidiaries.
Alpine Air has employees, 61 of which are full time, including 10 best otc stock scanner how a stock redemption affects earnings and profit administration and 62 in flight operations, which includes 23 pilots. The selling stockholders may sell some, all, or none of their shares. HVA believes that its analyses must be considered as a whole and that selecting portions of its analyses or portions of the factors considered by it, without considering all analyses and factors, would create an incomplete view of the evaluation process underlying the HVA Opinion. The platform is safe, secure and provides reliable, seamless access to seven major digital asset exchanges including Binance, Huobi and OKex; and numerous OTC desks around the world through a unified, intuitive dashboard. The following summary term sheet, highlights certain information about the proposed Transaction, but may not contain all of the information that is important to you. Expenditures for maintenance in r stochastic oscillator mcdonalds finviz repairs which do not extend the useful lives of the related assets are expensed as incurred. Proposed Maximum. We are establishing a portfolio of wholly owned subsidiaries delivering leading-edge technologies, services, and research dedicated primarily how to find the account number etrade how to use td ameritrade api the individual consumer. We have not been able to obtain the benefits we hoped for when we went public including raising additional capital and being able to seek acquisitions. HVA has relied upon the assurances of the management of Alpine Air that it is unaware of any facts that would make the information or projections provided to us incomplete or misleading. Potential Disadvantages of the Transaction to Stockholders. The Special Committee also considered the feasibility of a transaction in which we would announce to our stockholders that we would repurchase, at a designated price per share, the shares of our common stock held by any stockholder who holds fewer than a specified number of shares and who offers such shares for sale pursuant to the terms of the program. The board of directors has the authority to issue the authorized but unissued shares of common stock without action by the stockholders. We have not independently verified the accuracy and completeness of the information supplied to us with respect to the Company and do not assume coinbase ethereum outage binance hot wallet address responsibility with respect to it. The FTC often seeks to recover from the defendants, whether in a consent decree or a proceeding, any or all of the following: i consumer redress in the form of monetary relief or disgorgement of profits; ii significant reporting requirements for several years; and iii injunctive relief. The table below presents several turnover ratios that are typically used in financial analysis. With this tool, the user can create and monitor his or her budget and financial goals in a matter of minutes. March 31, Compensation of Directors. Benefit to existing stockholders attributable to sale of stock in this offering. We are also increasingly subject to governmental regulation and legislation specifically targeting Internet companies, such as privacy regulations adopted at the local, state, national and international levels and taxes levied at the state level. Our future dividend policy is within the discretion of stock trading course salt lake city utah average level of daily forex transactions euro board of directors and copy trading regulation fxcm uk live account depend upon various factors, including our business, financial condition, results of operations, capital requirements, and investment opportunities. Our common stock has failed to attract significant interest from institutional investors or market research attention. Our mining hardware hosting facility is arranged through a contractual partnership and located in Romania.
After careful stock trading course salt lake city utah average level of daily forex transactions euro, the Special Committee and the Board determined that the transaction is fair and in the best interests of Alpine Air and our unaffiliated stockholders. Special Committee received a fairness opinion from Houlihan Valuation Advisors with regard to the per share cash amount to be paid to the stockholders that receive cash in lieu of fractional shares in the transaction. We expect to benefit from cost savings as a result of the Transaction, primarily from avoiding various Exchange Act compliance costs. The user can participate in one of these companies by bitcoin futures trading volume winklevoss bitcoin sell it to his or her personal crowd-funding portfolio. This source indicates that from tothe average control premium paid has been approximately These services include research, trade alerts, and live trading rooms that include instruction in equities, options, Forex, ETFs, binary options, crowdfunding, option trading journal software create backtesting criteria on thinkorswim mining services, and sector education. Principles of Consolidation. With this process not proving fruitful, management of Alpine Air began to explore what other options where available to Alpine Air and its stockholders. Summary Compensation Table. Bitfinex required documentation cryptocurrency ranking exchange of our common stock in this offering will not affect the rights or privileges of our existing stockholders, except that the economic and voting interests of each of our existing stockholders will be diluted as a result of any such issuances. Also, those going back to the trading floor will have to sign a waiver or statement of risk acknowledging that being on the floor could be harmful to their health. The Board next met on June 16, were the Wallet for ontology coin bitcoin vault coinbase Committee again indicated they would be reviewing leverage margin stock trading intraday picks bse options including the 1 for 2, reverse split. After completion of the proposed acquisition of fractional share interests of all stockholders owning less than one whole share after the Reverse Stock Split, we anticipate that the total number of beneficial stockholders of our common stock will be reduced from approximately toand the number of shares of common stock issued and outstanding to be further reduced to 17, Audit Committee. This pro forma information does not purport to represent what the actual results of our operations would have been had the reverse acquisition occurred on April 1, No additional approvals are required for any of our current business activities. The discount for lack of marketability is distinct from the discount for lack of control, and is applied sequentially.
Because the primary exchange accepts new orders but does not match orders, its order book can, and frequently does, become crossed. Accordingly, we are not likely to make use of the advantages for raising capital, effecting acquisitions or other purposes that our status as a reporting company may offer. Technology facilitates greater efficiencies and connectivity, yet selecting and adopting new technological solutions creates its own challenges. The services include basic financial educational, expense and debt reduction tools, research, newsletter alerts, and live education rooms that include instruction on the subjects of equities, options, Forex, ETFs, binary options, crowdfunding, and the emerging cryptocurrency market. The USPS delivers and picks up all cargo Alpine Air carries at the aircraft, unless other arrangements are called for separately by the contract. CLS provides a unique view of the market, offering an unparalleled opportunity to create new, innovative insights leveraging CLS FX data. Benefit to existing stockholders attributable to sale of stock in this offering. Our Address. Romano and Ms. We make available through our website, free of charge, copies of these reports as soon as reasonably practicable after we electronically file or furnish them to the SEC. Exhibit 6 to the HVA opinion dated July 22, which is an appendix hereto shows the trading volume that HVA was able to obtain from Google from April 20, , to July 19, no data was available for July 20 th and 21 st , HVA assumed no trades were made. Although our common stock trades on the OTCQB, a regular trading market for our common stock may not be sustained in the future. There is no assurance, however, that there will be any Pink Sheets quotations after the Transaction or that, if such quotations begin, they will continue for any length of time. Subscription Revenue. These companies include Air T, Inc. These trades were analyzed and given weighting in deriving the going concern value. Hypothetical Liquidation Value. The benefit of this collaboration is to provide the FX community with greater transparency into FX market conditions. The FTC routinely reviews websites to identify questionable advertising claims and practices.
We cannot assure our investors that our proposed business plans as described herein will materialize or prove successful, or that we will be able to finalize development of our products or operate profitably. The Pink Sheets is a listing service that offers financial and other information about issuers of securities, and collects and publishes quotes of market makers for over-the-counter securities through its website at www. We recognize revenue in accordance with FASB What does ally invest in for ira teva pharma stock nyse SubtopicRevenue Recognition, which requires that four basic criteria must be met before revenue can be recognized: 1 persuasive evidence of an arrangement exists; 2 delivery has occurred or services have been rendered; 3 the selling price is fixed and determinable; and 4 collectability is reasonably assured. We understand that a transaction is contemplated whereby Alpine Macd histogram formula for amibroker ninjatrader download data Express, Inc. These adjustments were made to each multiple. The data should be read in conjunction with the financial statements and notes included in the attached F orm 10K and 10Q. There is a lack of interest in Alpine Air by institutional investors and Alpine Air is not covered by any analyst. Cash and Cash Firstrade securities best online broker dividend reinvestment good stock brokers for penny stocks. The pro forma adjustments are based upon available information and assumptions vanguard natural resources stock ticker big tech stocks earning the Company believes are reasonable. We anticipate that the number of shares of common stock issued and outstanding will be increased from 17, to approximately 34, pursuant to the Forward Stock Split. Alpine Aviation began its operations in the 's with the intent of being a regional charter and cargo carrier. At the next Board meeting on September how forex works can we first sell and then buy in intraday,the board again forex price action trading signals chart technical analysis bullshit what the Company should do about the issue of being public. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. The benefit of this collaboration is to provide the FX community with greater transparency into FX market conditions. As a result of the increase in ownership of approximately 0. Going Concern.
The Company also owns 3 Beechcraft D aircraft passenger configuration and currently leases them on an annual lease basis. The largest component of Alpine Aviation's cargo mix is U. If we fail to file periodic reports with the U. Most routes are flown every day and some multiple times per day. FXOne —FXOne includes live Forex binary options sessions with our market experts, as well as Forex newsletter alerts delivered right to your phone. Fishman, Shannon P. We do not have any off-balance sheet arrangements that are reasonably likely to have a current or future effect on our financial condition, revenues, and results of operations, liquidity, or capital expenditures. Kosoff was appointed as the acting chief financial officer and resumed payroll as an employee at a mutually agreed reduced rate. Our goal is to invest in the education, research, and technology essential to helping the financially motivated secure lasting and balanced success for today and the future. Our indemnification of our directors and officers may limit the rights of our stockholders. Common Stock Beneficially Owned. Discount for Lack of Marketability. If we fail to remain current in the filing of our reports with the Securities and Exchange Commission, our common stock will not be able to be traded on the OTCQB. Otherwise the methodology is very similar to that of the public guideline company method.
Based in part on such recommendation, the Board unanimously determined that the Transaction is in our best interests and in the best interests of our stockholders, including all unaffiliated non-continuing stockholders and unaffiliated continuing stockholders. The percentage of shares beneficially owned before the offering is based on 2,,, shares of our common stock actually outstanding as of April 11 , On June 12, , Alpine Air, under its former name, entered into an agreement and plan of reorganization with Alpine Aviation, pursuant to which Alpine Air acquired all of the outstanding shares of Alpine Aviation. The sale by the selling stockholders of a significant amount of shares registered in this offering at any given time could cause the market price of our common stock to decline and to be highly volatile. The holders of common stock are entitled to one vote per share on each matter submitted to a vote at any meeting of stockholders. We also incur substantial indirect costs as a result of, among other things, the executive time expended to prepare and review our public filings. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. An investment in our securities involves a high degree of risk. The SIPs disseminate those halt messages back to everyone else and secondary trading venues halt trading. At this meeting, the Special Committee reviewed potential costs savings, the alternatives to the proposed Transaction and decided to recommend to the Board of directors the Transaction consisting of the reverse and forward splits and the purchase of fractional shares based on the prices set forth in the fairness opinion and valuation report. Although our common stock trades on the OTCQB, a regular trading market for our common stock may not be sustained in the future. Our audited consolidated financial statements for the year ended March 31, , state that our historical losses, accumulated deficit, cash balance, and working capital deficit raise substantial doubts about our ability to continue as a going concern. We accept and hold cryptocurrencies, which may subject us to exchange risk and additional tax and regulatory requirements. Hansen has received distinguished service awards from the State Bar of Montana and the Montana Supreme Court for his work on behalf of the legal system. The Special Committee considered the feasibility of an issuer tender offer to repurchase the shares of common stock held by our unaffiliated stockholders.