Astra Veda (OTCMKTS: ASTA) is once again moving higher notching up another 16% on Friday and moving back over $0.005 on heavy accumulation by Canadian investors. ASTA is on the verge of coming off the EM and going pink current reporting on December 28 the Company is sending updated articles of incorporation to the Wyoming Secretary of State the first week in January 2023. This comes after the Eventus team completed the 2022 Q3 financial disclosure statement with the footnotes in the final round of executive review before being submitted to the OTC Markets Group. The final step before ASTA goes pink current will be the Attorney Letter With Respect to Current Information in accordance with the OTC Markets Group Attorney Letter Guidelines.
ASTA is quickly emerging as among the most exciting stories in penny stocks recently hitting $0.009 before some healthy consolidation and is now once again moving northbound over $0.005. In August 2021 shortly after the CEO Mick Davis, acquired the controling block of ASTA stock from Bradley Martin Listermann, ASTA ran to a high of $0.0189 which is the first real resistance level over $0.009. ASTA already regularly trades over $100,000 a day and dollar volume could 10x overnight once the stock is “pink current”. Recently ASTA CEO Mick Davis affirmed, Astra Veda Corporation WILL NOT execute any reverse splits or engage in reckless dilution in the foreseeable future. The Company first corporate action of 2023 will be to reduce the number of authorized shares from 12.9 billion to 10 billion shares. We will be updating on ASTA when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.
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Astra Veda (OTCMKTS: ASTA) brings disruptive and innovative technologies to market through a rigorous due diligence and opportunity assessment program called the Astra Gate. The end result is a revenue producing opportunity that has the highest possibility of success and returns for stakeholders. The process is agile, lean and highly optimized for rapid execution focused on the growing demand for software and security between consumers and producers of internet-based content enabled by smartphones and tablets. Through the Company’s subsidiary co-investment and affiliate partnerships, Astra Veda provides a variety of unique tools and software applications that innovative resources for customers and partners to enhance and secure existing platforms.
Astra Veda subsidiary Ballistic Barrier Products (BBP) manufactures premium lightweight and flexible roll goods certified to NIJ Level IIIA and UL752 Class 3 for hand gun threat protection. Ballistic Barrier’s main products are bullet resistant window shades and door shields for homes, businesses, schools, government buildings and other public places. The proprietary fabric design with a core of custom weave of Kevlar® XP para-aramid fiber and a patented mounting design, makes products offered by Ballistic Barrier Products superior to bullet-resistant glass products. Bullet-resistant products offered by Ballistic Barrier Products are cheaper and lighter than bullet-resistant glass or doors and easier to install.
Astra Veda subsidiary Paranotek LLC is a global innovation company focused on developing mobile apps and licensing robust technologies that increase personal and corporate information privacy through breakthrough advancements in encryption. Paranotek began as a Finnish technology and design company working together with US partners. Paranotek has developed a disruptive and future-proof encryption technology called Parano™ that can be integrated into existing software and apps for everyday life.
Astra Veda subsidiary Punchzee is a joint venture development effort between Paranotek, LLC and a group of private investors. Punchzee is a disruptive data-driven project management and team communication platform for the construction industry, property management companies and home developers and inspectors. Punchzee currently manages over 100,000 critical life, safety and fire certification and inspection tasks for companies throughout the eastern United States, including the NYPD and hospital systems through the area.
Astra Veda’s Sayphr Messages is a instant messaging app in development with all the typical features of a premium messenger with the added bonus of unbreakable security. To ensure the best possible security for your communications, Sayphr Messaging uses the Parano protocol, a unique end-to-end encryption protocol that makes Sayphr currently the only quantum computer resistant messenger app. Altogether Sayphr Messaging features an astonishing three-layer security technology.
Astra Veda has assembled a powerful management team led by CEO Mick Davis and COO Jeff Ballard and includes Lauri Tunnela, Ron MacDonald, and Johannes Maliranta. Mick Davis is an executive who was part of the team that founded High-Speed Access Corporation contributing to the more than Two-Billion-dollar initial public offering on NASDAQ. A year later, the company was later purchased by Charter Communications owned by Microsoft co-founder Paul Allen. Mick has since proved his technical creativity as a cyber warfare subject matter expert for the Army; as Chief Technology Advisor for ETS Capital; as a Senior Advisor for USCYBERCOM, and Chief Executive Officer of other US-based privacy and security company. Mr. Davis maintains an active Top Secret clearance from the US government and continues to advise government agencies on a variety of confidential initiatives as a highly compensated expert (HCE). ASTA COO Jeff Ballard has a demonstrated ability to deliver multinational organizational, operations and IT initiatives of up to $90M USD in scope. Before joining Astra Veda, Jeff was brought in to reorganize and reimagine the IT operations for Hudson Pacific Properties, the $5B US West Coast real estate investment trust and the largest owner of independent movie studios in the US.
— Padawan_Trader (@trader_padawan) December 30, 2022
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$ASTA is a long, hold investment for my family. No flipping, only accumulation. #FAFO Mick and the Astra team will be the center of many positive discussions in 2023. If you are reading this and are not a shareholder, do yourself a favor and dig into the DD. You won’t be sorry. https://t.co/EqN6Dk5G2P
— GreenOverGreed (@GreenOverGreed1) December 31, 2022
On December 28 ASTA announced it is sending updated articles of incorporation to the Wyoming Secretary of State the first week in January 2023.
Chairman and CEO Mick Davis stated, “We are implementing a tabula rasa from which to lay a new foundation for the future. One of our essential objectives for the long-term viability of the Company is to correct the past securities issuance defects. This also involves curing any securities violations by the former board of directors and offering a rescission letter and settlement to unaccredited and deceived investors.”
This comes after the Company’s accounting solutions partner, the Eventus Advisory Group, provided finalized annual disclosures for 2021 and submitted by way of the OTCIQ market intelligence and investor relations portal. This financial disclosure statement was painstakingly curated by Eventus with the Astra Veda team over many months while simultaneously aligning the Companys finance and accounting practices to meet the highest level of integrity, viability and future auditability required by the Chairman of the Board.
The first corporate action of 2023 will be to reduce the number of authorized shares from 12.9 billion to 10 billion shares. This adjustment will signal to future investors that Astra Veda Corporation is dedicated to improving foundational value for its shareholders. Upon receipt of the updated and stamped articles of incorporation, our Transfer Agent, Clear Trust LLC., will amend the Companys authorized issuance share count. Immediately afterwards, the Company will authorize the conversion of all Preferred Series B Stock and will publish the detailed instructions on its web site.
Astras Chief of Operations Jeff Ballard reports that, the Eventus team has completed our 2022 Q3 financial disclosure statement and the footnotes are in the final round of executive review before being submitted to the OTC Markets Group. The Company looks forward to completing the last outstanding task to be eligible for the Pink Current tier after uploading a valid Attorney Letter With Respect to Current Information in accordance with the OTC Markets Group Attorney Letter Guidelines.
$ASTA final steps announced to becoming PINK CURRENT and fully tradeable again!
2023 is going to make a lot of us BIG MONEY! https://t.co/CD03plzRiL
— ScottyMac (@ScottyMac55) December 28, 2022
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Currently trading at a $34 million market valuation ASTA os is 5,849,230,600. The Company has a clean balance sheet with very low debt, $250,000 in the treasury and is currently doing about $50,000 a month in revenues. While ASTA is a lottery play and certainly risky this is about as good as it gets on the pink sheets and magic does happen in small caps as it did recently on HKD. ASTA has rocketed up the charts as the Company able management team reports it is sending updated articles of incorporation to the Wyoming Secretary of State the first week in January 2023, this will be followed by the Attorney Letter and then its pink current and ASTA could quickly become a volume leader on the OTC. ASTA has quickly developed a massive following and is still priced cheap with the first real resistance at $0.0189 and blue skies ahead once it breaks north of there. We will be updating on ASTA when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.
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Disclosure: we hold no position in ASTA either long or short and we have not been compensated for this article.