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Surprised, as it was almost midnight when I read about the release from 15 minutes before the markets opened and the trade day time and sales. After expected open and a couple of other larger blocks, while steady activity, is a bit disheartening that there wasn't more vigor, volume and price wise. As in the past, yesterday it appears $0.0003's kept regenerating themselves. Shorts? Maybe more shareholders saw this as opportunity to get out for whatever reason they may have. What was vaguely communicated in the release itself was not surprising to this shareholder. Manos, and probably Bonilla in regards to disclosure and transparency. For today, on October 08, 2021 AHFD closed at $0.001, day doc was dropped in Wyoming after the markets closed regarding Bonilla. Theoretically, one would think it would seem reasonable for the p.p.s. to recover to this level. Big volume, more than yesterday, and another 150% increase in the p.p.s. going into the weekend would be just what the doctor ordered for shareholders helping to put months of agony in the rear view mirror.
I always find it ironic when one of these pump and dump con men displays their incompetence all over the Internet including posting on the OTC website that they screwed up when they took over a company and had no idea they weren't current with the SEC. What a moron. What incompetence. Blaming prior management for a company that you took over makes him an even bigger moron it's like buying a house without ever looking at it and then complaining you don't like it.
Then announcing that because of his incompetence he cannot conduct the crippling 7000 to 1 reverse split which would essentially wipe out every single pre existing stock holder. Gotta love it. That's the OTC.
"So we can't rob you of your shares.... but we blew the reverse merger."
Own alot of freebies here but still find this type of blatant graft and incompetence amusing.
Glta jmo
Hmm seems to have some life again. Maybe short lived, maybe not.
Interesting to see what develops.
https://www.otcmarkets.com/stock/AHFD/news/ACTIVE-HEALTH-FOODS-INC-RESCINDS-AND-TERMINATES-BIOIDENTICAL-HORMONES-INC-SHARE-PURCHASE-AGREEMENT?id=375960
ACTIVE HEALTH FOODS, INC. RESCINDS AND TERMINATES BIOIDENTICAL HORMONES, INC. SHARE PURCHASE AGREEMENT
Press Release | 10/13/2022
Los Angeles, CA, Oct. 13, 2022 (GLOBE NEWSWIRE) -- ACTIVE HEALTH FOODS, INC. (OTC: AHFD) has signed a Rescission Agreement with Bioidentical Hormones, Inc. (BIO) rescinding and terminating the Share Purchase Agreement (SPA) signed on June 7, 2022. It was an express condition of the SPA between the parties that Active Health Foods, Inc. (“Active” or “the Company”) implement a reverse-split of its shares and then issue 70,000,000 post-split shares to the BIO Shareholders. Active is not able to receive regulatory approval to implement the aforesaid reverse-split of its shares and therefore the parties have terminated their agreement and will go their separate ways, effective immediately.
As previously announced, the Company filed with the Financial Industry Regulatory Authority (FINRA) to implement a substantial reverse-split of its common shares on a 1-for-7,000 basis. On September 1, 2022 FINRA sent its response and questions to the Company noting that Active was “not current in its filing obligation with the SEC (Securities and Exchange Commission), having not filed its 12/31/2014 annual report or any quarterly reports in 2015 pursuant to Section 12 of the Exchange Act.” As a result, the Company has been advised by legal counsel that FINRA will not approve the reverse-split of Active’s common shares and that the Company will be unable to complete the BIO acquisition.
Joe Wallace, AHFD President, stated “The problem of the delinquent filings with the SEC occurred under prior management and ownership seven years ago. At the time that I agreed to acquire BIO in June, the present-day effect of the Company not filing its financial statements in 2015 with the SEC and our inability to receive approval from FINRA to reverse our shares was not evident. We have been advised by counsel that this problem is ‘insurmountable’ and have no choice but to rescind the acquisition. We are currently in negotiations with another healthcare company to replace BIO”.
Contact:
Joseph Wallace, President
Active Health Foods, Inc.
Email: Joe@jwallace.biz
About Active Health Foods, Inc.
Active Health Foods, Inc. (AHFD) owns Etrnl Cosmetics, Inc., a Nevada corporation, which is a skin care and cosmetics business harvesting the power of chaga mushrooms and anti-oxidants.
Forward Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could”, “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this Press Release.
All this time there was no volume because people scare of RS?
Reverse split was cancelled.
What? What? What’s going on today? Why volume so high? Something going on?
MASSIVE COVERING ABOUT TO HAPPEN!
I POSTED that they could cancel the reverse split weeks ago.
HMM LOOK WHAT HAPPENED!
$AHFD added 0003 on RS cancelation news.
— Penny Whale (@WhalePenny) October 13, 2022
The biggest news an #OTC company can get!https://t.co/IUvFF1bRLm pic.twitter.com/G8m21cr2rH
Hmmm SOMETHING IS UP!
REVERSE SPLIT NOT HAPPENING!
ACTIVE HEALTH FOODS, INC. RESCINDS AND TERMINATES BIOIDENTICAL HORMONES, INC. SHARE PURCHASE AGREEMENT
GLOBENEWSWIRE 7:15 AM ET 10/13/2022
Symbol Last Price Change
AHFD 0.0001down 0 (0%)
QUOTES AS OF 12:00:00 AM ET 10/12/2022
Los Angeles, CA, Oct. 13, 2022 (GLOBE NEWSWIRE) -- ACTIVE HEALTH FOODS, INC.(AHFD) has signed a Rescission Agreement with Bioidentical Hormones, Inc. (BIO) rescinding and terminating the Share Purchase Agreement (SPA) signed on June 7, 2022. It was an express condition of the SPA between the parties that Active Health Foods, Inc.(AHFD) (“Active” or “the Company”) implement a reverse-split of its shares and then issue 70,000,000 post-split shares to the BIO Shareholders. Active is not able to receive regulatory approval to implement the aforesaid reverse-split of its shares and therefore the parties have terminated their agreement and will go their separate ways, effective immediately.
As previously announced, the Company filed with the Financial Industry Regulatory Authority (FINRA) to implement a substantial reverse-split of its common shares on a 1-for-7,000 basis. On September 1, 2022 FINRA sent its response and questions to the Company noting that Active was “not current in its filing obligation with the SEC (Securities and Exchange Commission), having not filed its 12/31/2014 annual report or any quarterly reports in 2015 pursuant to Section 12 of the Exchange Act.” As a result, the Company has been advised by legal counsel that FINRA will not approve the reverse-split of Active’s common shares and that the Company will be unable to complete the BIO acquisition.
Joe Wallace, AHFD President, stated “The problem of the delinquent filings with the SEC occurred under prior management and ownership seven years ago. At the time that I agreed to acquire BIO in June, the present-day effect of the Company not filing its financial statements in 2015 with the SEC and our inability to receive approval from FINRA to reverse our shares was not evident. We have been advised by counsel that this problem is ‘insurmountable’ and have no choice but to rescind the acquisition. We are currently in negotiations with another healthcare company to replace BIO”.
Contact:
Joseph Wallace, President
Active Health Foods, Inc.(AHFD)
Email: Joe@jwallace.biz
About Active Health Foods, Inc.(AHFD)
Active Health Foods, Inc. (AHFD) owns Etrnl Cosmetics, Inc., a Nevada corporation, which is a skin care and cosmetics business harvesting the power of chaga mushrooms and anti-oxidants.
Forward Look ing Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could”, “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this Press Release.
Image: https://www.globenewswire.com/newsroom/ti?nf=ODY2NDI3NyM1MjAyMjc0IzUwMDEwNjE2Mg==
Image: https://ml.globenewswire.com/media/YWJiNWE0ZWMtNWU4NC00NDAxLTk4NzctNGJkNTQ5ZWM3ODg4LTUwMDEwNjE2Mg==/tiny/Active-Health-Foods-Inc-.png Source: Active Health Foods, Inc.(AHFD)
2022 GlobeNewswire, Inc.
How depressing, realized was a year to the day today. Oct 11, 2021 Open 0.0012 High 0.0027 Low 0.0011 Close 0.0027 Volume 2,036,988,495 With 2021 Amended Annual Report - 06791753 Date: 10/08/2021 dropped in Wyoming on a Friday, had all weekend to ponder the possibilities. Irony that stands out for this shareholder is remember when discussing what was transpiring with that weeks run, I kept referring to the paper profits as a "mirage", in that at the level the common p.p.s. ran to, was steadfast in that would not sell. So much upside activity with zero information for a business plan and very little about past success or failure with the new name. Thought just think what could be if some solid business plan was put into motion. Fast forward to a year later, Manos having shareholders backs, Bonilla's business savvy driving the p.p.s. lower, and the Joker continuing to stick to with what has not been working, unless you are interested in a lower share price, of not communicating or putting anything that is tangible into play, to avert where AHFD sits a year later, step from no bid.
It was non-binding so that is your answer. Fluff news then so they can plan R/S and trap as many folks as possible.
Is the non-binding deal with Cannabis Global still on the table?
RE: https://www.prnewswire.com/news-releases/active-health-foods-inc-cannabis-global-and-massachusetts-based-the-hub-craft-llc-enter-non-binding-letter-of-intent-to-develop-california-cannabis-mso-301453133.html
idle hands = devil's workshop.
Joker Joe is a Joker !!! Oct 5, 2021 Open 0.0010 High 0.0011 Low 0.0009 Close 0.0010 Volume 273,360,660 Year ago to the day. Joker was crossing t's and dotting i's for Bonilla to act as intermediary to acquire AHFD as Manos was finalizing his remarks to shareholders how he has had their backs. Few days later, common was up 590% at it's high. Doubt there is even one individual that could have predicted where AHFD is today, not only giving back the gains, but p.p.s. is off 90%, DOWN from a year ago today. Microcosm of global financial inequity and ignorance, lack of, or willingness to take action to crack down for reasons such as lack of uniformity, coordination, corruption, that is the lure of ill-gotten coin is too strong to do the right thing. Wonder what Chef Boyar-dee is scheming up now in the kitchen? Sure hope I'm proven wrong sooner better than later as I would rather admit that, than continue to see the abyss that has been AHFD over the last four to eleven months having to track down all those who have had a hand in this to hold accountable. Time to wrap this up as this long hauler is about to get sick after another day of nothingness.
I meant i can disagree with you because it’s America! Have a great evening! $AHFD
These crooks do not make America great!
I disagree but that is what makes America great! $AHFD will rise again. Just a matter of when.
This is toast! right out of the gate!
I fully expect a cancellation of the reverse split is coming. Just happened in another ticker in the OTC as well. It has been way too quiet here and that doesn’t make any sense. And before you exclaim dead ticker, crooks or down in flames mark this post!
What evidence is there that he is of low character? Seriously. What has he ever done to be thought of as a scoundrel? Maybe I missed something? But I came up dry trying to find anything that was a sign that he was out to take advantage of people or he was a bad individual.
This is risky. I think the odds are against him. That does not make him a scam artist if he puts together an actual business without making false claims or trying to trick people.
What statement has this man made that is/was deceitful?
"Hook" sports wagering vernacular is the term referenced when the side is determined by a half point. A stellar third quarter. One can picture it now, the chest pounding and high fives of relief as 81 1/4% is all the common finished off thanks to the $0.00015 close. Nor am I surprised no one has posted any evidence that the Joker and the Chef have had any success with start ups and even more defining is that one can not, with in reason, form a positive opinion of either one as there is nothing to support that. BTW in reverse chronological order, Joker (others), Bonilla (MCOA), Manos (others) each have a hand in this fine mess. Shareholders will never forget and there is no statute of limitations when it comes to poor performance either by negligence, inexperience, or theft. Sure getting tired of having nothing good to comment about.
NO HOPE HEAR! ALL IS LOST!!!
Agreed! but unfortunately they're not confident about their business so they going into bloodsucker-mode. Obviously their plans will fail in the end.
...little help here. should the quarter close out today with a $0.0001 AHFD, 87 1/2% decline for third quarter, shareholders want to be informed, educated, thus why the boards are of public domain to learn from each other posts. today can those other members that have submitted posts commenting on Joker Joe as a man of integrity, that there has been a history of prior start up success, is an individual of strong morals, honorable, either by tangible results/examples or just an opinion, please explain why you have formed such HOPE. maybe looking in all the wrong places but as said numerous times over the last few months, everything that is queried for the Joker, the results are the same. ALL self written. No examples of past success. No evidence in the past of what one would have been a part of that could lead one to form such an opinion of morals. Then there is Chef Boyar-dee, when queried, even less information (no self attestations either) about any prior success or what is there that could lead one to have an opinion of HOPE.
$AHFD why not do a share reduction/buyback/cancellation instead of the ridiculous split?
Why not get help from Emergent LLC or Somebody like Caren Currier or any other specialist to unphuck this apparent shell?
Use or lose
We will see. Wallace has no history of dishonesty that I can see. I think the odds are against this endeavor. But with this huge reverse split, and some good revenue generation, this may move to the NASDAQ in a few years.
Yea but these scammers won't even save face, all they care about is the scam and money they can take.
Seventy five. Zero. Joker Joe, Chef Boyar-dee, third quarter closes out in three days. Relevancy of these numbers. First number is the percentage the common p.p.s. is down for the quarter. Second number is what you have tangibly accomplished from a shareholder perspective in the third quarter. Not a d#mn thing! Sure wish we could be optimistic, comment on anything that is of positive nature. However the both of you make it impossible to do so, as frustration mounts over the continued silence and lack of anything resembling a reasonable forward moving business plan. Do/say something like cancel the ridiculous proposed ludicrous reverse split before the end of the week.
And do you ever take a day off? Lol. Happy Saturday! We will see. I really don’t give two rips what you think. And don’t worry I made my money here. I’m holding ton’s of free shares after my profit. I am also not convinced this is over.
Money will be taken and spent to enrich themselves. Everyone that is here will lose.
Time and time again, crooks will be crooks!
It will be interesting to see what happens here. I’m not saying that this is going to the moon but I get your negativity or understand it.
$AHFD change of Control
The purchase price was $500,000: $50,000 cash and a Convertible Note for $450,000.
5. A description of any material agreements or other events related to the Change in Control.
Share Purchase Agreement By And Between: Shareholders Of Bioidentical Hormones Inc.(Seller) And Active Health Foods, Inc. (Purchaser) For The Purchase Of Bioidentical Hormones Inc. (Company)
Convertible Promissory Note Issued from Active Health Foods, Inc. to Joseph Scott Wallace Dated: June 7, 2022 for USD $450,000
Pointless musical shares.
more paperwork - Supplemental Information - Change in Control or Court Appointed Custodian https://www.otcmarkets.com/otcapi/company/financial-report/347151/content
$AHFD does this explain why Dominos pizza pulled out of Italy??? Rumor has it some VVip’s want answers….
https://www.barchart.com/stocks/quotes/AHFD/technical-chart?plot=CANDLE&volume=total&data=WO&density=L&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);SRSI(14,14);WILLR(14,40);ADX(14);ACCUM;MACD(12,26,9);RSI(14,100);SMA(50);OBV&sym=AHFD&grid=1&height=210&studyheight=100
https://giphy.com/gifs/pizza-unicorn-i-love-4ayiIWaq2VULC
New ticker?? Who dis’
The preceding was for entertainment purposes only…..
.....rumor has it Chef Boyardee has been spotted running through Venice singing "Joker Joe is a joker!" if anyone can recall any historical similarities from the past, since no one is home in the sprawling metropolis, Kennesaw, others might just be amused to help pass the time.
Because the jig is up! No one cares about these elitist scumbags taking peoples money. What comes around goes around.
Interesting how slow it got around here. Still no RS date either. Hmmm
Won't stop him from ramming this pps into the ground for business-sakes.
Prepare to take it dry.
What has Mr. Wallace done in his business, athletic, or personal life for you to think he is low in character and running a scam or ever would? Other than buying the company, what relationship existed between Wallace and any previous owner?
I see a risky legitimate business venture but not a scam. I see nothing in Wallace's past or present to suspect he is low in character. I see no reason to suspect he would ever screw over customers, employees, shareholders, the IRS, the SEC, or play any games with anybody.
All the garbage over the years to keep this scam running.
Australian Securities & Investments Commission https://asic.gov.au/ AMC also known as BLUE POPPY GROUP PTY LTD One would think that for the Australian version of the SEC to make one submit coin for documents is discriminatory to the average investor, all investors for that matter. Ridiculous. Give it a spin. BIO and AMC
Stumbled upon the AHFD Directory Listing /Archives/edgar/data/1477472. Learn something new every day. https://www.sec.gov/Archives/edgar/data/1477472/
Accolades to the Joker, the previous Clown and even the original owner, "I know nothing". You made it!! 51 weeks to reach the bottom once again, 52 week low.
Cool 86 the poison pill provision if that’s what it was…
Too late to order the share reduction/cancellation platter with a side of waffle fries?
Could be extra tasty….
Something in my gut says they will cancel the reverse split. All in the game of reorganization.
Mary Theresa Lehan CFO added Friday September 2nd OTC Markets, Company Officers & Contacts Only thing that comes up when queried is a CPA in Tacoma WA who has a Texas company, Bon Voile Group LLC and another CPA in Lighthouse Point FL. Could be same individual.
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