420 Property Mgmt. Inc. (FTPM)

[waterchaser]

Must read. There is no company here.

Thank you Stoch for your stellar DD.


Quote:
There is no Company, There are no subsidiaries,
I'm only posting this as the reason I got out of FTPM, if
someone would like to DD the information ive found, or DD to
dispute it, your more than welcome.

I dug really deep into this company and got out. The subsideraries Don't exist, they were owned by a Former member from Digadoo.. The current members are Super Rich Horse ranchers that live in Massive Mansions. The 'Company' is a Virtual company. A fancy book cover, with nothing inside. The big shots here pay this virtual company as a front for the web page. I got out a while back, with a loss. but could have been worse. Don't believe me, Dig Deeep! you will see. It doesn't exist. there is nothing. NOTHING!!

Here you can find the names of subsidiaries that only
existed within the web of FTPM's CEO..

From the Latest Annual Report:
------------------------------

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a) Basis of Presentation

The consolidated financial statements of the Company have been prepared
in accordance with accounting principles generally accepted in the United States
(“US GAAP”) and are expressed in U.S. dollars. These consolidated financial statements
include the accounts of the Company and its wholly-owned subsidiaries Impact Technologies Inc.
and Impact Innovations Systems, Inc. All significant inter-company transactions and balances
have been eliminated. The Company’s fiscal year end is December 31.

All significant inter-company transactions and balances
have been eliminated.
How's that for a red Flag..

If you try and locate the current status of Impact Technologies Inc. or anything
that has to do with FTPM, or its Current or recent CEO, you will see it has a status of REVOKED!!

www.datalog.co.uk/browse/detail.php/CompanyNumber/USNV20111145541/IMPACT+TECHNOLOGIES+INC.
https://www.bizapedia.com/nv/impact-technologies-inc.html

The more you search, the uglier it gets...

Try doing a search of the company address and guess what you will find...
The company even gives its current address from its latest report:
https://www.otcmarkets.com/financialReportViewer?symbol=FTPM&id=168667

Which is: 2173 Salk Ave Suite 250 Carlsbad, CA 92008

Now google it!: https://www.davincivirtual.com/loc/us/california/carlsbad-virtual-offices/facility-992

For just $69.00 per month you too can have a Virtual Office!!
Continue your telecommuting or home working and impress your
clients with a virtual address at
Carlsbad Office Center, 2173 Salk Avenue, Carlsbad, CA 92008.

--------------------------------------
The address of the Company Directors (Horse ranchers!) and CEO can be found here:
https://www.otcmarkets.com/financialReportViewer?symbol=FTPM&id=152440

Wayne's Ritzy Horse Ranch:

(i) Name: Wayne Hanson, CFO
(ii) Business Address: 8412 ARMSTRONG RD, LANGLEY, BC CANADA V1M 3P5
https://www.google.com/?gws_rd=ssl#q=8412+ARMSTRONG+RD,+LANGLEY,+BC+CANADA+V1M+3P5&spf=1

Norman James Payton Ranch called the Gift Horse??.??:

(i) Name: Norman James Payton, CEO, and Director
(ii) Business Address: 4120 E FOREST PLACE,CAVE CREEK, AZ 85331
https://www.zillow.com/homes/for_sale/fore_lt/pmf_pt/house_type/0-60000_price/0-224_mp/pricea_sort/33.792288,-111.944083,33.788588,-111.951776_rect/17_zm/
https://www.mapquest.com/us/arizona/business-cave-creek/gift-horse-351160744

As I stated before, This 'Company' appears to be a fancy Book Cover, with Nothing inside owned by a couple of Rich Horse Ranchers..
Buyer Beware and do your OWN DD, all My posts IMO..