Cafe Serendipity Holdings Inc. (CAFS)

[lesgetrich]

Ooooh scary, eh? Let's take a closer look at your scoop.

#1) He's acting CEO of a company with 16 employees 5 of whom are in management positions. It doesn't seem like he'd have to spend a lot of time at it. Also, it seems this company is a very good match for FOFU as it could supply a lot of benefits to the franchisees. From the company description...

Beyond Commerce, Inc. provides Web site advertising and facilitates e-commerce transactions. The company provides i-SUPPLY, an e-commerce solution for online storefronts and social shopping platforms for high traffic Web sites. It also offers BOOMj.com, a traditional social-networking site for creating a personal and business profile, and uploading and sharing images and videos. The BOOMj store provides various products, including beauty, garden and patio, Books, kitchen, music, camera and photo, office supplies, computers, pets, consumer electronics, wellness, and DVDs. In addition, the company operates kachingkaching.com, an e-commerce solution that provides individual store owners the ability to create, manage, and earn money from product sales generated from their individual online Web stores. The company was formerly known as BOOMj, Inc. and changed its name to Beyond Commerce, Inc. in December 2008. Beyond Commerce, Inc. is headquartered in Henderson, Nevada.

Seems from the name change the company may have been involved early in the MJ sector.

#2.) Golden State Fallbrook is probably a branch of Golden State CBD which was their first franchisee. How about checking out this link instead...

Golden State CBD

It's likely they haven't opened yet or just opened recently.

#3) the 45.6 million shares were issued on June 11 and according to your link...

In connection with the issuance of the Debt Settlement Shares, the securities issued were unrestricted securities of the Company.

Unrestricted means that they were immediately available for sale and were made part of the float and OS so there's no dilutive effect at this point. This stock didn't just magically get born yesterday. It's been around for a while. There are probably scores of investors who purchased shares before June at below $.01/share. There's no reason to believe that whoever purchased these shares would act any different than any other early investor. Why would they dump shares and force the price down in a way that would give them less profit on the last shares they sell than the first one's. If they saw a need to dump shares they would have done so by now like any other investor.

It's easy to state selected facts and make them appear ominous. It's usually called propaganda.