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Arbitrarily sets the A/S to 100 million, when the shares at 20 billy (r/s 1 for 7000) would be 2,857,143 diluting this pile right away! The goal is to wipe out old shareholders clearly.
he still has to pay taxes, so he'll pillage ahfd to do so.
Sorry he bought Tommy Lee’s old house a few years ago!
And he'll fund it by pillaging shares here.
UPDATE: No reverse split date has been announced as of yet. It is not a done deal till it happens!!!!!
Maybe you should go knock on Wallace’s front door. He bought Tommy Lee’s old house in Calabasas.
And don’t worry I made profit. But I am holding a little bit on the off chance that something happens
Oh I’m sure you shorted the crap out of it
They may or may not hate to tell you you don’t hold the crystal ball.
DreamTeam is going to short this back to 2cents after r/s - watch da Rinse and repeat!
I am not foolish but man I am not as dark as you. Cheer up it’ll be OK
"Dream Team" in that only in your dreams long time shareholders will be rewarded.
Great points and of one scenario and how it might negatively reflect on them.
Open letter to Dr. Aaron, Hertoghe, Galitzer, Rothenberg, Wright and Ms. Han, Miller, Oliver, from a long-haul shareholder of AHFD. The new owner of AHFD refers to you all as the “all-stars in the Anti-Aging Medical field.” As medical care professionals, you have all devoted your careers to helping people. The recent developments by the new owner of AHFD, specifically “substantial reverse split” will do just the exact opposite to the 70+ shareholders of AHFD. What history has shown is that this will completely wipe out each and every AHFD shareholders position. In other words, hurt all of us. The current owner is selling this on hope that the new company will be successful. “Anticipating” a “substantial” increase in the price per share in a defined amount of time to be eligible to become a NASDAQ listed company. I’m fairly certain that each and every one of you are highly successful and have the security of knowing that you can retire comfortably. The 70+ shareholders of AHFD will lose 98.4% of current AHFD equity due to the “substantial” dilution as a result of the issuance of 70M AHFD to Robert Boyar, Bioidentical Hormones Inc. The 1 - 7000 reverse split itself theoretically has NO effect on AHFD Market Cap. The actual acquisition itself has already been priced into AHFD market cap. This substantial reverse split in itself, if there was no issuance of 70M AHFD common could be viewed positively with the corresponding p.p.s. correction post-split moving the common closer to a NASDAQ listing. Theoretically history will show the new p.p.s. start tumbling from post-split $1.40 to about $0.0224. Robert Boyar, Bioidentical Hormones Inc. will have his 70M common, value $1.568M. (Question for Robert Boyar is recently you have become a part of AHFD. What is the purpose and where do you have the time and expense to also start another for profit corporation named “BOYAR ATM COMPANY, INC.”) Current AHFD shareholders will have had their AHFD positions all but completely evaporated (98.4%), 1.594M common, value $25.5K. Instead of helping people you will be hurting people as the new p.p.s will have only moved up from $0.0002 to $0.0224, long way from the required NASDAQ listing requirement of $4.00. Each and every one of you will have to answer questions from prospective clients in the future why you all were a part of this and said nothing to protest and stop this reverse split that did very little to boost the p.p.s of AHFD. An increase of over 17,000% would be required to meet this $4.00 share. You all have taken an interest in the new company. All of you have a proven track record of helping, not hurting people. You are all substantially on firmer ground financially than most, if not all current AHFD shareholders. The new owner is trying to increase company valuation by illusional mixing and matching of numbers. If the new company is to be successful, not only is your commitment required time wise, but also, at least initially, financially to show each and every one of you have shouldered some level of risk, personal stake in making the new company successful well into the future. The proposed reverse split only guarantee is current AHFD shareholder positions will all but disappear with no corresponding increase in the new company’s valuation. Thank you for your time and consideration. https://www.globenewswire.com/en/news-release/2022/08/26/2505385/0/en/Active-Health-Foods-Inc-Ending-Reg-a-Offering-Approves-Substantial-Reverse-Split.html https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169802923
I completed understand staying in and having hope. I was the same way with other scam otc post huge reverse split stocks. Instead of taking a loss and coming out with 1700 dollars I would wait a year or two and sold my stock for 17 dollars because a humongous reverse split turns a .0002 into a .00002 or .000002 over time. Maybe Wallace will surprise people with nice revenues next year.
You called it correctly from the beginning. Who the f says welcome to the Wallace family and does a 1 for 7000, not a 1 for 700 or 1 for 70 and then he should trust his leadership will increase the value of the company over a couple of years to the point where he has a small shot of getting to nasdaq. No one wanted to invest in his offering so he screwed shareholders. The Wallace family treats shareholders well.
Joker, miracle maker or delusional? Diving into the numbers. Start with couple of easy to figure percentages. All the following is based on closing price of $0.0002, market cap $1,594,526 with post-split numbers of $1.40 p.p.s. and outstanding shares of 71,594,526, authorized 100,000,000. Of which 97.8% ownership (70M) Bioidentical Hormones Inc., principal William J. Epperson and 2.2% ownership (1.15M) current shareholders, 97.8% dilution post-split is the “Welcome to the Wallace Family of Jokers” (suckers) shareholders. Joker, when reverse split is executed, it doesn’t guarantee a path to a NASDAQ listing. What is fact and current track record is every corporate action, going back to October 2021 has resulted in significant reduction in share price. 286% increase in share price is what would be required to attain $4.00 a share. 500% increase to reach par value $0.001. 3,450% increase to match high October 2021 of $0.0069. Based on simple split calculation and what you are implying market cap wise is post-split the current market cap of $1.6M will magically increase to $99,594,525. What is more likely is the straight post initial split price per share of $1.40 will free fall to $0.0224 to match what actual current market cap is. What is guaranteed, post reverse split, shareholders will in all likelihood see a drop in value of each and every shareholder position of 99%. Question posed by shareholders JOKER is, what can you say and do to overcome this and INCREASE THE VALUE OF THE COMPANY ITSELF, (borrowing a word from this a.m. release) so SUBSTANTIALLY. Changing the name and acquiring a new symbol will NOT automatically increase the value of the company.
Approximately 1.1 million O/S and approximately 658,000 U/S after the split.
All I can say is they never diluted us to death before the news of the split like most scamming CEO’s do.
I’m heavily invested and I’m going to ride this out. It will either be really good or a tax write off
I’m not saying this won’t be a real company someday…what I’m saying is Wallace doesn’t give a s h it about pre-split shareholders…you don’t have to do a 1 for 7000…if he trusts that his company is good enough to make it to nasdaq then why don’t he do a much smaller reverse split in the future at least after the company shows revenue on the next q so is shareholders can believe in what he’s doing and stay with it. He says nasdaq is around the corner. Pipe dreams are possible but I don’t want to lose all my money while he’s asleep.
Never! dat's reality!
Joker, your B.S. doesn't stick or fly for us shareholders. It DOES crap all over us and stinks!! Bonilla, Manos, shareholders hold the both of you just as responsible as the current head clown.
exactly---r/s = impending shareholder/bagholder dooom(nasdaq-never-pipedream)
Good news but then again r/s comeing
Here is the official release. Joker, you know what you can do with your welcome!! Will save everyone's ears from a whole lot of toilet bowl explicatives. https://www.globenewswire.com/news-release/2022/08/26/2505385/0/en/Active-Health-Foods-Inc-Ending-Reg-a-Offering-Approves-Substantial-Reverse-Split.html. Better see an immediate pop in the share price of at a minimum, double where it has been trading recently.
$AHFD valid point..
After the student loan forgiveness they should make a bad-trade forgiveness. You can use it once a year and get back your money from the trade. I think it’s only fair!
— Zalmy (@greatstockpicks) August 25, 2022
Why the size in pre-market? Random MM opens early?
Lol that clip was funny !!!
PROBABILITY OF U.S. RECESSION WITHIN ONE YEAR IS 45%, TWO YEARS IS 50%: REUTERS POLL
— FXHedge (@Fxhedgers) August 22, 2022
Usually scamming CEO dilute their stock as much as they can before they do a reverse split. AHFD has has the same SS for quite a while so they haven’t scammed us with dilution. They should communicate with us.
I’ve never saw a good post split outcome for pre-split shareholders involved in a 1:?000 split. The stock always tanks slowly over time and ends up below a penny and then sometimes ends at triple zeros.
On June 7, 2022 Bioidentical Hormones, Inc., a Delaware Corporation merged with Active Health Foods, Inc. as a wholly owned subsidiary in a stock exchange, exchanging 70,000,000 Active Health Foods, Inc. post split common shares in exchange for 35,000,000 shares of Bioidentical Hormone, Inc shares.
Post split Lol
I love the post split arrangement for these companies while “welcome to the Wallace family” shareholders get almost zero value for having 70,000,000 per-split shares.
That 7000:1 RS. The SS would be low. No?
Why would they do that with an OTC stock? Any thoughts?
If they do the reverse split is that only on the outstanding shares? Or the AS too?
don't you love how dey can dilute a stock with a stroke of a pen?
Believe me, frustrated, in the dark. Names pop up you never heard of. Appears now this is a holding company. Ect, ect. ect. Why? because whoever is running this ship has no damn tongue. If the r/s did happen, then current bid is $2.10 current ask is $2.80 and stock would have to hit $48.30 to match high of $0.0069. None of what is transpiring or isn't for that matter makes any sense other than this long hauler gets the feeling is going to get screwed. For that matter how the "F" does Bonilla deserve $100K for doing nothing but tanking the stock? For that matter Manos, he knew damn well Bonilla had zero experience running publicly traded company just as Manos was himself back when he started AHFD. Seems to me that both Manos and Bonilla failed their fiduciary responsibilities to shareholders for their own personal gain. Then what about Bonilla role here? Seems to me he was nothing more than an agent to purchase for the Joker? Never at any time did MCOA say anything about Bonilla leaving company. How could he be competing against his employer in the cannabis industry? MCOA had to also have given there good stamp of approval. Got to love the posting by Manos back in October how he had shareholders backs or how welcome us shareholders are by the Joker. Then there still are many unanswered questions still going back prior to October 2021. All the above is a speculative, emotional response by this long haul shareholder who just wants reasonable communication and over sight for that matter.
Updated Q.R. - Disclosure Report June 30 2022 https://www.otcmarkets.com/stock/AHFD/disclosure
soulsearched2012
8/12/22, 07:57 AM
@Outlaw15 someone has suggested accidental filing.. that someone jumped the gun.. wrong time
Outlaw15
8/12/22, 08:01 AM
@soulsearched2012 @Outlaw15 .....seems a little suspicious to say the least.
InvestorTechnics
8/12/22, 09:12 AM
@Outlaw15 I am not aware of the filing process, can someone share some light on wether or not it's normal to file at a state level first like that, without the filing with the OTC?
1
thegoodnessparadox
8/12/22, 10:19 AM
@Outlaw15 The filing stamp is misaligned. If you look closely, it is set to the 10th but the statement says the 8th, right?
Outlaw15
8/12/22, 10:22 AM
@thegoodnessparadox @Outlaw15 ....the 10 is 10am, time of day received on the 8th.
thegoodnessparadox
8/12/22, 10:27 AM
@Outlaw15 You are right! That is a manual time stamp! I thought they had gone extinct when we started using fractions of a second! That is way lame.
Outlaw15
8/12/22, 10:43 AM
@thegoodnessparadox @Outlaw15 It has a fake look to it for sure.
thegoodnessparadox
8/12/22, 10:52 AM
@Outlaw15 courts.state.wy.us/district... This is the efile project.
soulsearched2012
8/12/22, 11:01 AM
@Outlaw15 yeah, it still doesn't look like it's official with the sec.
NIckS12
8/12/22, 05:00 PM
@soulsearched2012 @Outlaw15 If they did a 7000:1 RS the AS would be approximately 5.285 million and the OS would be approximately 1.1 million. Doesn’t make sense.
Outlaw15
8/12/22, 05:07 PM
@NIckS12 @soulsearched2012 @Outlaw15 .....yeah, when you start crunching the numbers doesn't make sense at all. Want to call it fake.
NIckS12
8/12/22, 05:12 PM
@Outlaw15 @soulsearched2012 AHFD updates daily on OTC markets. They haven’t diluted a share as far back as when that Glen put 3 billion or so into restricted shares. They haven’t scammed ever with dilution like other tickers. Usually the scamming CEO’s dilute like mad before they RS. Something is off
1
soulsearched2012
8/13/22, 06:31 AM
@NIckS12 @Outlaw15 Do fraudulent or accidental filings happen often? I haven't bumped into that before
Outlaw15
8/13/22, 06:32 AM
@soulsearched2012 @NIckS12 @Outlaw15 My first experience....
From stocktwits AHFD board
https://stocktwits.com/Outlaw15/message/478043115
https://www.otcmarkets.com/stock/AHFD/security
This floater is about to be flushed.
NOTE 9 – SUBSEQUENT EVENTS On August 8, 2022, the Company filed a Corporate Amendment with the state of Wyoming. The amendment made the following changes:
? Changed the name of the Corporation from Active Health Foods, Inc to Active Health, Inc.
? The Corporation is authorized to issue 37 billion shares of common stock at a par value of $0.001.
? Execute a 7000 to 1 reverse split of the common stock outstanding.
4.612.881.413 Shares in the current public float.
strong open? 0.0001 * 0.0008 pre-market. ask is 296% higher vs. yesterdays close of 0.00027. that didn't last long as now 0.0002 * 0.0004. yet, still will be interesting to see if any volume shows today
Historical Short Volume Data for AHFD
Date Close High Low Volume Short Volume % of Vol Shorted
Aug 16 NA NA NA 13,316,666 12,816,666 96.25
Aug 15 NA NA NA 5,711,363 2,463,865 43.14
https://www.otcshortreport.com/company/AHFD
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