The trail here from when I started when Pete was in charge has several turns and ups and downs along the way. Reverse splits, new directions and CEO swaps are not uncommon in penny land.
FPFI however? First Quirk is announced, then the reverse split, then the bogus water deal, the bogus HPP deal(Neither of which were real and those were both confirmed by the companies Quirk claimed to be in negotiations with). Then the juice annoucement.
Then the dragged out process of licensing and who know what all. All of these steps perfectly legal in pennyland.
Then the surprise reverse split without any reason or warning to slap shareholders in the face.
Then one of the worst, if not the absolute worse case of dilution and toxic lending ever. I mean 60% discounts? That was a huge warning sign. Then the silence after all the bogus news about trade shows all the while one of the execs and his spouse are posting facebook pictures from Nicaragua(Like I would have missed that)
The fraud is in the departure. A sudden filing in the State of Georgia to take Harvest Soul to LLC status. Then the expiration and abondonment of the charter in Nevada for FPFI. Then Quirk leaves and takes the juice with him without, to the best of my knowledge, compensation to the corporation or its shareholders.
Without Quirk actually purchasing Harvest SOul, which was never announced or filed, He stole all the money. It was a scam from day 1 to get folks to pay for him to set up his juice line and walk away with everything by stealing it. Quirk is a crook. Hell even Joe abondoned ship when he found out what Quirks plan was. Joe stepped down so that he wouldnt get caught up in any legal action. The only issue with legal actions is they cost money and noone wants to throw more money into FPFI or at Quirk. I am sure he has a personal injury scum sucker attorney on retainer.
FPFI was FRAUD, theft, and until someone from FPFI can prove otherwise it will remain there. I dont ever expect to see this CUSIP or corporation ever appear again in the public sector. Its over here and why anyone would buy even 1 share is beyond comprehension to me.
The corporation is abandoned, and yet still listed and able to be traded. Thats criminal in itself.
All of this info is my opinion based on the stacks of communications I have kept over the Quirk years with the company and its officers and representatives. Hard to argue anything else happened here other than highway robbery.
