Third Bench Inc (PK) (THBD) Cotización

Yep, pour shares down the toilet so the debt-holders get whats promised to them.

Wow what an ongoing SHITFEST!!!!!!

OS increased to 2,059,530,778 12/02/2024
Restricted 359,757,921 12/02/2024
Unrestricted 1,699,772,857 12/02/2024
Was-
OS 1,944,855,492 11/27/2024
Restricted 359,757,921 11/27/2024
Unrestricted 1,585,097,571 11/27/2024

Agreed!! They need to PUMP this POS with a few tweets and PR's!!

Na na...if you took the time to read back messages on this board, you will see that Canouse controls the string here.  He found Fair (or Fair found him) thru a convicted penny stock lawyer who couldn't own his own shares (so he put them in his girlfriend's name) . 

The Class A shares only are transfer of control mechanism. When Canouse owned New Energy (NECA) he owned the Class A. Then when Fair appeared in the scene, he was transferred the same 51 shares of Class A. When Fair threw in the towel , the shares transferred to the new guy. 

Bri123 is correct in that the Class B, C, and D Preferred shares allow conversion into common shares, declaration of dividends , and control of voting rights.  New guy owns none of that. That is a Canouse mechanism which allows them to dictate all the terms of outstanding share count.

The common thread here is that Canouse tries to find a figurehead with an existing business and they loosely fit into their shell, pump the hell out it with dozens of PR's or tweets, which allows them
dilute even more stock and then when the figurehead cannot take it anymore, they cut business loose, call it a discontinued operation, transfer the A shares to someone else and repeat the process over and over again.

All Canouse has to do is keep the shell current with filings which costs him about $300k annually but that gets added back into liabilities that will eventually get converted into common shares.

See the cycle here?  But folks will continue to trade it with the hopes of new investors not knowing how these penny stocks trade.

STOP the dilution for a week and give a PR!! Get this TURD out of trips for a week or so anyways!! Lots of .0002's to chew thru yet again!

EVERY Owner has screwed this company, at least Canouse gave us a good run, Fair didnt do SHIT but diluted and take it to no bid along with a idiotic RS!

It depends on the conditions set forth in the filings for the B, C and D class shares. Some of them have the right to convert (on a timed or dollar amount basis) to collect debt.

Wouldn't the Class A shares allow negotiation power for the New guy to say "Hey, you won't be allowed to convert for a window of time?"

Well, yes, but it was being screwed by its original owner - Jeff Canouse et al. and all the toxic debt the company still has.

Wasn't it David Fair who screwed the company over with the lawsuits such as the retaliation suit?

Still a POS it appears!!!

Just two of them, in the filings and listed as insiders.

I think there are 4 Canouse brothers, James, Jeff, Joe another. First names all start with J

"You said Canouse is not the one off loading. There are two Canouse, Jeffery & James. Which of the two were you referring two?"

"I have lock up w them"

Probably from people that bought 1's looking to make a quick buck. Not me though, it has to go way up before I can sell.

.0002’s loaded down with millions!!! Phucc!!!!

If James Canouse is willing to dilute the hell out of his own shell that he inserted his family business into (DNAX), what do you think he would do to a shell that does not have a real business (Title King doesn't count because it's not a real business)? 

It should show everyone that these guys insert businesses into these shells in order to give the perception it's a real company but then when everything fails, they can simply transfer the Preferred Class A stock to a new entity and try to run the same scheme again.  Every old business within the shell reverts to it's owner who get a slug of shares to compensate them for their accrued compensation and expenses.   Usually worth next to nothing when the shares become unrestricted because of a subsequent reverse split.

But penny stock investors are gullible and are sure that history won't repeat itself.

Blue Sky is who it was I was trying to remember! lol!! He pumped, lost his ass and vanished!!! Bri and myself have been here the longest in this shitfest along with yourself, they should be compensating us all dearly for the criminal tactics they have done here over the years!!! I bought a few more as well at .0002 after the big day of volume, hoping this POS could at least get to .0004 or out of trips for a bit to give me something back! We know this is a shithole but could be a lotto with a new CEO yet he is continuing the dumpathon as well like clockwork!!!!

Not sure I get your logic here. Perhaps you think that a new entity will enable Canouse to unload more down the road on unsuspecting newbies.  Is there not any better companies in the stock market to invest $2200 in?

Na na reminds me of Blue Sky from last year who was so sure he was right because he was "talking" to Canouse. Yet he disappeared.

You know what I say when MM 's let you bid buy?  Guess you can try and double your money.....

Good luck. 

Agree! And gosh I hope!!!!

Total Shi*show. no matter whom runs it. Maybe we get a year-end-run good enough to get my money back (that's my Christmas wish).

Would love to see .01 here as you and I are in the same boat and been here the longest thru all this canouse mess!!!

Hope this POS moves up!!!

I would need to be over $0.01 to thank him. It is extremely rare, but I have seen an OTC with over 4B OS hit $0.013, so it is possible. Look back at what happened on December 28th 2020 and February 8th and 15th 2021 for almost every OTC stock- pick one and look at the price graph.

Say it shoots up , how much would it need to go up for you to willing to send a "thank you" card in the snail mail to the CEO for saving your butt from Canahouse?

I bought 22M shares at $0.0001 today. It is my attempt to average down to a reasonable level for a (SLIM) chance of getting my money back.

The market maker, of course!

Wow…this was a scam headfake!!! New ceo no better!!!!

Who's buying the shares?

they running it to no bid 

A 20M, 30M , and 75M share block all sold today at .0001 (so far).

Mr Canouse and Mr. Hicks thank you for your recent purchases!

Where are the .0003's????

That ask size at 2 is piling up fast.

So another pump dump??? This is ridiculous!!! Cant even get above .0003 cause they wont stop diluting!!

I talked to the new guy, he got the yield sign removed, wasn't lying when he said documents were at OTC markets but they were dragging feet. after I lit a fire under otcmakets with email, 6 hours later they removed yield and we were current. When I yelled at the him, upset that the drama over the yield sign between him, otc-Markets, and our collective frustration on i-hub done for nothing, I asked why can't canahouse pause, the new guy said he's now paused, and it was one insider who's the new guy is in talks with. There's a deal coming along with a PR but his lips are sealed beyond that. He won't say who he's in talks with but I'm throwing speculation at the wall, thinking it might be hicks

This will go to zero then… it sure why these clown just won’t let up for a bit and get a higher PPS before they dump, company is already worth ZERO!!!🤡🤡🤡

https://www.otcmarkets.com/otcapi/company/financial-report/417432/content

It's Hicks I think. Somebody keeps on offloading as 0.0003 which is what the price Hicks is offloading as well coincidentally.

This POS company is out of control!

Shitfest is still a disaster scam!!!

lol

OS increased to 1,944,855,492, up about 150 million shares from 11/18 figures.

A couple 40 million shares dumps today.  Give you one guess who that could be?

When pigs fly, and Hell freezes over. JK, at some point it will happen, especially if the new guy puts out a PR.

When do we see .0003X.0004????

When it come to financials, shareholders should only concern themselves with the "Parent Company" results.   Third Bench cabinets has been divested from the company and Fair runs it as a separate stand alone company that is no longer part of the public stock shell.  Plus Fair now owns shares in exchange for the $1 million + debt that he "incurred" while he was Canouse's puppet.

New guy has nothing to "hammer"out except to determine number of shares OS, amounts of debt owed, amount of convertible notes.   No cash or sales to speak of. Shouldn't take long but somehow it always does.

The last financial Document we had was in May. The new guy is hammering things out now.

Not impressive, lol