Astra Veda Corporation (OTCMKTS: ASTA) continues to move northbound in a hurry recently eclipsing the $0.01 mark and moving well into copper land. The stock has emerged in recent weeks as a volume leader in small caps attraction legions of new shareholders including some heavy hitters on the OTC. Currently under heavy accumulation ASTA is moving steadily northbound with many new investors buying in every day. Microcapdaily reported on ASTA when the stock was still trading in the double zeroes stating at the time: “ASTA is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – and ASTA has much stronger fundamentals then Tesoro ever did.” ASTA is focused on becoming fully reporting and moving to “pink current” recently reporting its OTCIQ application has been officially approved by the OTC Markets Group. The Companies draft OTC Markets disclosure is being reviewed by a highly qualified Certified Public Accountant (CPA), then will be reviewed by a designated attorney to fulfill the requirement of Attorney Letter with Respect to Current Information. Once these steps are completed, ASTA will upload the finalized disclosures to be reviewed and accepted by the OTC Markets Group.
Big things are happening at ASTA since new CEO James M. Davis, a high-level executive who played a key rose in the founding of High-Speed Access Corporation contributing to the more than Two-Billion-dollar initial public offering on NASDAQ became the controlling shareholder of the Company. 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. More recently ASTA formed a jv to manufacture Bullet BarrierTM Products. The new entity is called Ballistic Barrier Products Inc. (BBP), and responsible for product development, manufacturing and sales support for ballistic resistant window and door coverings fulfilling the incredible demand for orders. A facility has already been identified in the heart of the textile industry in the Southeastern US with close regional support for materials, equipment, and skilled labor.
Astra Veda Corporation (OTCMKTS: ASTA) operating out of Aurora, Colorado co-founds technology companies and incubate them to maturity to generate revenue for Astra and its partners. The Company builds winning products in a capital-efficient way, using design thinking, lean startup and agile development methodologies. The Company changed their name to ASTA from WRFX back in June 2019.
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STA operating subsidiaries are Paranotek; 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.
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.
ASTA has a strong management team behind it; the Company’s CEO James M. Davis who recentlhy took control of the Company from Bradley Martin Listermann is a high-level executive who played a key rose in the founding of 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. In addition to his academic achievements in Cognitive Human Behavior from the University of Maine, he maintains an active Top-Secret clearance from the US government. Mick continues advising government agencies on a variety of confidential initiatives as a highly compensated expert (HCE).
In May the Compay made a substantial investment in a joint venture to manufacture Bullet BarrierTM Products. The new entity is called Ballistic Barrier Products Inc. (BBP), and responsible for product development, manufacturing and sales support for ballistic resistant window and door coverings fulfilling the incredible demand for orders. A facility has been identified in the heart of the textile industry in the Southeastern US with close regional support for materials, equipment, and skilled labor. BBP will be selling to residential and commercial customers as well as schools and government entities both domestically and abroad in the coming months. Partners in the venture include Astra Veda Corporation, Egres Enterprises and Rift Management Inc. (RMI). Astra is focused on co-founding technology companies and incubate them to success.
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Microcapdaily first reported on ASTA on August 3 when the stock was still in the dobule zeroes atating at the time: Astra Veda Corporation (OTCMKTS: ASTA) is moving northbound with power in recent days having surpassed previous highs the stock is now on a blue-sky breakout. ASTA is quickly emerging as a volume leader in small caps attraction legions of new shareholders including some heavy hitters on the OTC. Currently under heavy accumulation ASTA is moving steadily northbound with many new investors buying in every day. ASTA is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – and ASTA has much stronger fundamentals then Tesoro ever did.
Earlier this month Astra reported its OTCIQ application has been officially approved by the OTC Markets Group. Chairman and CEO Mick Davis beamed with pride stating, thanks to the tireless efforts of our entire team, friends, family and generous support from a key investor, together we transformed the Company from its crooked and shady past to its bright and straightforward trajectory ahead. To answer the most pressing question from new shareholders, Davis said, we will meet the S.E.C. Rule 15c-211 amendment requirements with updated OTC disclosures before the deadline. We have a prosperous horizon ahead coupled with our focused strategy. We are not deviating from that course of action no matter the rumor or emotion of the day.
Our draft OTC Markets disclosure is being reviewed by a highly qualified Certified Public Accountant (CPA), then will be reviewed by a designated attorney to fulfill the requirement of Attorney Letter With Respect to Current Information. Once these steps are completed, we will upload the finalized disclosures to be reviewed and accepted by the OTC Markets Group. The Company has accomplished our foundational objective in creating a rock-solid GAAP accounting ledger from the ashes of the past. We have created extensive financial processes and procedures preparing for our first audit in 2022. We are now laser focused on revenue production with our subsidiary and joint ventures. We have bold objectives with innovative opportunities. Revenue development activities is under way with our investment affiliates which will drive the Company toward a dividend enriched future.
Thank you again to all the long-term shareholders for your faith while we remained dark. This strategy was purposeful to prevent additional share dilution and manipulation by bad actors empowered by the former leadership during our recovery and rehabilitation period. The future for the Astra Veda Corporation is very clear. The last barriers to success are now behind us. We look forward to sharing tremendous news with the public as facts emerge in the coming days.
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ASTA continues to move northbound in a hurry recently eclipsing the $0.01 mark and moving well into copper land. The stock has emerged in recent weeks as a volume leader in small caps attraction legions of new shareholders including some heavy hitters on the OTC. Currently under heavy accumulation ASTA is moving steadily northbound with many new investors buying in every day. Microcapdaily reported on ASTA when the stock was still trading in the double zeroes stating at the time: “ASTA is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – and ASTA has much stronger fundamentals then Tesoro ever did.” ASTA is focused on becoming fully reporting and moving to “pink current” recently reporting its OTCIQ application has been officially approved by the OTC Markets Group. The Companies draft OTC Markets disclosure is being reviewed by a highly qualified Certified Public Accountant (CPA), then will be reviewed by a designated attorney to fulfill the requirement of Attorney Letter with Respect to Current Information. Once these steps are completed, ASTA will upload the finalized disclosures to be reviewed and accepted by the OTC Markets Group. Big things are happening at ASTA since new CEO James M. Davis, a high-level executive who played a key rose in the founding of High-Speed Access Corporation contributing to the more than Two-Billion-dollar initial public offering on NASDAQ became the controlling shareholder of the Company. 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. More recently ASTA formed a jv to manufacture Bullet BarrierTM Products. The new entity is called Ballistic Barrier Products Inc. (BBP), and responsible for product development, manufacturing and sales support for ballistic resistant window and door coverings fulfilling the incredible demand for orders. A facility has already been identified in the heart of the textile industry in the Southeastern US with close regional support for materials, equipment, and skilled labor. We will be updating on ASTA when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ASTA.
Disclosure: we hold no position in TXTM either long or short and we have not been compensated for this article.