Authentic Holdings Inc (AHRO)

[chaostrader]

oooh must be a big player accumulating shares of this shell. Is it Putnam or Fidelity LOL

JMO

[chaostrader]

funny people here still think CG is some kind of genius and believe this company is actually a viable business.

jmo

[dgor]

bid and ask getting closer together as it continues drop...So sad...How can this stock be worth anything without products or revenue?

[kex0414]

Reason for activity? Certainly not happening from any good news. Maybe free restricted shares coming off restriction and basically being given away? If they were free, anything is a profit. VNDM is a serious trouble maker and dilutor. If that's the case, old bad news not withstanding, insiders may know trouble is again (or still) in sight.

Of course, we Shareholders will never know about problems until it's too late, Either there will be no SEC Filings, or they will be cryptic (many other words could be used here to describe prior statements made) and/or lacking, and will be updated and corrected months later after the information becomes useless.

Now @ 16 cents; remember when this was $2.40?

Re-posting here, of any news pro or con already posted on social media would be appreciated.

[dgor]

I took my big loss at1.20

[kex0414]

Now you're giving advice to start loading up after the stock has rebounded to .15-.20.

You're putting words in my fingers. I posted, "This might actually be a good entry point", far cry from "loading up".

Well, a 15K sell took it back down to 13 cents. I don't think anyone is dumping these shares at a loss. Something is going on.

[kex0414]

...Also, I expect Shareholders to be hit with another damaging move by management....Posting of any discussions on social media, pro or con would be appreciated.

Yesterday,I did expect it, but today's block buying activity may have changed what I now expect. (note "Expect" defines as: "...as likely to do or be something". It's not an absolute).

This might actually be a good entry point (Its only been 5 years in the making).

"Might" defines as, "Possibility in the past or a present…"

With the data on hand at the time, I stick by both posts.

History tells us ECTX going to screw up. Charts and L2 tell us Stock price is on the rise.

[Insecurious]

It looks like your recent posts scared somebody into dumping I think it was 10,000 shares, maybe more, at $0.10/share yesterday. Now you're giving advice to start loading up after the stock has rebounded to .15-.20.

What are you going to say to the person who dumped yesterday when the stock which they could have held onto is worth several dollars a share?

"Hell hath no fury like a ***** scorned?"

[kex0414]

There have been more shares bought today than all year to date. Probably all of 2016. If I didn’t know better, I would say insiders know that something is about to break, and friends and relatives were loading up. (Of course, we know that couldn’t be the case, since it would be an SEC violation, and ECTX has the utmost regard for SEC regulations and filings.

This might actually be a good entry point (Its only been 5 years in the making).

[kex0414]

A correction from prior post.

Posting here of any discussions from social media, pro or con, would be appreciated.

[kex0414]

I received a private message (PM) a few weeks ago.** I can’t guarantee the veracity of the message, but given the experiences I’ve had and the failure of CG to inject any new and/or slightly promising news, I suspect it to be true. Also, I expect Shareholders to be hit with another damaging move by management.

I surmise that the information in the PM is accurate and is coming from or being discussed on social media. (I have no social media accounts). Posting of any discussions on social media, pro or con would be appreciated.

**

Have you heard anything about Joy Nunn refusing to be involved with this venture, and resigning from the board months ago?

I assume they won't use her patents then? Then this doesn't seem solid.

She's on the SEC filings, but insists she is not.

Note the strong word, "refusing"
Also. Is anyone else curious:
Where is notice of the Spring Line that we are paying a licensing fee for?
Where are the results from the new Board Members that are marketing genii?
For that matter; where is any notice of anything?
But I digress.

[dgor]

thanks for the info ..your dd is exquisite!It was hard to sell after 3 yrs of waiting.but I did and have no regrets...To many promises we all hung onto always thinking that the magic day would come...I come back to this page once in a while just to see whats going on and see if my buddy hertz still believes what he was pumping...putting down people who had second thoughts....Best of luck

[kex0414]

Point of clarification,,,
I am suggesting that Joy Nunn's departure be looked at; not Joy Nunn, herself.

What were the reasons she resigned, was removed or refused to re-up as Director. Were the reason because she disagreed with the policies (either past, present or future)? Were there ethical reasons? I'm thinking that there were things that happened, or were about to happen, that she could just no longer tolerate. This is of course conjecture on my part, since as usual, we don't have the full story.

I think we need to know more than, she is just gone.

[kex0414]

Thank you for your kind words. Eco Tec (or,insert some other new, cute techie company 'Name of the Month' here) has lost the only Director who actually knew anything about fabric rejuvenation). If one reviews the current BOD, it is comprised of "Money Men", promoters and career board sitters. Unfortunately, money men and promoters are a liability not an asset. They can only succeed if there is an inventor or creator. While it is difficult for an inventor to succeed without major funding, it is not impossible. However, money without a creative idea is useless.

Speaking of, "Useless"; when the money man is so arrogant that he drives away creativity and investors, the results are....well,,,, obvious.

Further, 8-K item 5.02 requires notice of a Director's departure if the departure was based on refusal by the Director to continue and/or the departure had any contractual financial ramifications (either positive or negative) associated with that departure. Notification is required within four (4) days of the event. Two lines in 10K, 3 months later stated as a, "By the way, someone left the Company" is not an acceptable Notice to Shareholders. Especially when that someone is/was the Chief Technology Officer.**

Taken from the latest 10-K
Read carefully
As compensation for serving as the Company's President, the Board of Directors approved an employment contract for Christopher Giordano. Although his duties as President shall begin immediately, his salary shall not be earned or payable until such time that the Company raises at least $2,000,000 in its upcoming private placement.(emphasis added). The base salary for Mr. Giordano shall initially be set at $90,000 per year, but has the potential to incrementally increase up to $200,000 per year based on the Company achieving certain revenue goals. Moreover, Mr. Giordano's contract provides for a minimum annual bonus of thirty-percent(30%) of his base salary, but gives the Company the discretion to award an annual bonus of up to two-hundred-percent(200%) of his base salary.
(So his salary begins when he puts the company in (more) debt.)
As a signing bonus, Mr. Giordano received 250,000 options to purchase shares of the Company's common stock that are exercisable for a period of five years at a strike price of $0.50 per share. In addition, Mr. Giordano's contract provides for up to ten incentive stock option awards of 0.75% of the shares of common stock outstanding per $1,000,000 in net income received by the Company over the next ten years. Such options would be exercisable at the closing bid price for the ten days preceding the Company's achievement of each award milestone.

--------------------
** I do not subscribe to any social media with the exception of 2 message boards, but I think that Joy Nunn belongs to several. It might be helpful if someone dug a little deeper into Joy's departure through social media.

[dgor]

hopefully the price eventually jumps up and you long investors can exit...It has been a long road and the sad thing ...their website still has all their failures on there...best to luck to all here...Hertz you still hiding ?you seemed to pump this to no avail

[dgor]

sorry to hear of all your aggravation..Yes this has been one stock that has no spine.I was here for 3 years and glad I got out at 1.20..at a loss but I have no regrets

[kex0414]

Zero volume today. I'm really surprised that more traders that bought a few days ago, are not trying to bail. What does surprise me is that someone is willing to pay .36 for ECTX (under a variety of name changes)with no income, a poor track record for years and nothing new in 2017 except for the exit of probably the best Director Eco ever had.
I think a more than generous offer is in the range of .15. But what do I know I've only been here for years?

Maybe it's just the MMs playing.

[kex0414]

Rumor has it that they are starting a new Company called, Down the drain LLC.

[kex0414]

10K Excerpts from ECTX formally GFTI, formerly PPBL

Total Annual Revenue 2016.... $18,750

Common Stock Price:

Fiscal Year 2016.... High .... Low

First Quarter ....... $ 1.46 .... $0.21

Second Quarter .... $ 1.00 .... $0.25

Third Quarter ...... $ 0.30 .... $0.16

Fourth Quarter .... $ 0.495 .... $0.15

.........................

In April 2015, we entered into a joint venture and license agreement with Pure Systems International, Ltd. to produce and market garments and other accessories for the commercial uniform marketplace and other market verticals by utilizing Pure Systems International, Ltd.’s patented processes to up-cycle pre-consumer textile waste into reusable fiber of equal or better quality than the original fabric. (the “Rejuvenated Fiber”)

In May of 2015, the Company created a new limited liability company, Pure361, LLC (“Pure361”) of which the Company owns 51% and Pure Systems International, Ltd. owns 49%. Pure361 has the exclusive licensee to use Pure System International Ltd.’s patented Rejuvenated Fiber in conjunction with the commercial uniform marketplace and other market verticals.

Ms Joy Nunn, the company’s former CTO and Board member has resigned as of February 14, 2017, but the company still maintains a license with Pure System International, Ltd. ( I guess I missed the 8-K and NV SOS Docs....Oh! Wait....There are none).

Pathetic

[ROCKHard]

way too many. As you pointed out CG's at it again trying to throw enough of his SH*T against the wall and having some of it STICK (at least for a little while this time). Over the many years he's STUCK more than a few 'People' that is, yet some may still believe this time will be 'DIFFERENT', yet the question looms, Different What? Unfortunately we have had enough Different SH*T from CG, and fact is fresh Sh*t still STINKS like just like old SH*T. So Maybe he will use his newly acquired Alchemy skills to turn ECTX into something Golden, just hoping not his 'Fools Gold' once again.

[chaostrader]

how many symbol and operational changes has CG done in the past 6 years? lol

[chaostrader]

OMG CG is deal structure king its now at 31 cents.

lol

[chaostrader]

The insanity of being optimistic for the past 2-3-4 years of this shell (cg) is asinine. Its now under a new name yet again, forecasting unsustainable pipe dreams; this is pure madness.

I've rolled up several shells and structured excellent stainable operations in the past year. And this company still can't manage it's way out of a paper bag. SMH


JMO

[kex0414]

The Company wrongfully states its par value of shares $.35 after reverse split taking effect. the company is restating its financial statements to account for its shares with par value of $0.001.

The following summarizes the effect of the restatement

On December 31, 2014

................................Previously reported...................Adjustment......................Restated
Common Stock.............$ 614,806..........................$ (613,110).......................$ 1,759

Additional Paid in
Capital.......................$ 5,825,806.........................$ 613,110 .......................$6,438,116

[kex0414]

Still, another amended form. 201410K/A
https://www.sec.gov/cgi-bin/browse-edgar?company=ECO+TEK+360+INC&owner=exclude&action=getcompany.

Share valuation section very interesting.

[kex0414]

Ooooops....Another Amended 10Q......
https://www.sec.gov/Archives/edgar/data/1338929/000101054917000081/0001010549-17-000081-index.htm

[kex0414]

Say it isn't so.........
The SEC made a mistake. Never.

Thanks for the research and DD. Much appreciated.

[sidedraft]

A search for ECTX on iHub could show different information soon.

[sidedraft]

It's a ticker reuse screw up. Ectel used to have the ticker ECTX:

Our ordinary shares have been quoted on the Nasdaq Global Market under the symbol “ECTX” since October 26, 1999.
https://www.sec.gov/Archives/edgar/data/1096197/000117891309001095/zk96732.htm

[sidedraft]

Ectel went private in January of 2010.

As of today, each ordinary share of ECtel issued and outstanding has been automatically converted into the right to receive US $1.26 in cash, without interest and less any applicable withholding tax, and ECtel has become a privately held company, indirectly wholly owned by cVidya.

https://www.sec.gov/Archives/edgar/data/1096197/000114420410001745/v171273_ex99-1.htm

[kex0414]

To further complicate things.....TdAm L2 can't find GFTI...I entered ECTX, it says it can't find symbol, but lists all the correct bid/ask data on L2

[kex0414]

I'm totally confused....

If you enter ECTX in ihub search box, both Eco Tek and ECtel pop up.
http://investorshub.advfn.com/boards/getboards.aspx?searchstr=ectx

Enter ectx in the Edgar ticker search box and ECtel pops up.
https://www.sec.gov/edgar/searchedgar/companysearch.html

https://www.sec.gov/cgi-bin/browse-edgar?CIK=ectx&owner=exclude&action=getcompany&Find=Search

Add to that, the previous announcement of a different ticker# which never materialized...........

[sidedraft]

Doesn't agree with what?

https://www.sec.gov/cgi-bin/browse-edgar?company=eco+tek&owner=exclude&action=getcompany

[kex0414]

SEC search page doesn't agree ??????????????
https://www.sec.gov/index.htm
Fast search: ectx
Fast Search Additional information available
Ticker symbol or CIK is the fastest way to find company filings.
Seq Description Document Type Size
1 ectx-a3.htm SC 13G/A 55330
Complete submission text file 0001273515-10-000031.txt 57230
Mailing Address ECTEL INC 8211 W. BROWARD BLVD. PLANTATION FL 33324
Business Address 10 AMAL STREET AFEK INDUSTRIAL PARK ROSH-HA'AYIN 48092_ISRAEL L3 48092 972-3-9002121
ECTEL LTD (Subject) CIK: 0001096197 (see all company filings)

IRS No.: 520044462 | State of Incorp.: L3 | Fiscal Year End: 1231
Type: SC 13G/A | Act: 34 | File No.: 005-50734 | Film No.: 10607460
SIC: (OSHA Standard Industrial Classification) 3661 Telephone & Telegraph Apparatus
Assistant Director 11

[Renee]

GFTI changed to ECTX:

http://otce.finra.org/DLSymbolNameChanges

[Renee]

GFTI: effective Feb. 14,2017 Global Fashion Technologies Inc. will change to Eco Tek 360 Inc.

http://otce.finra.org/DLSymbolNameChanges

[tdelmonaco7653]

Interesting find on the Linkedin Page of Frankl & Thomas, Inc.

http://www.dallasnews.com/business/jobs/2016/12/09/textile-startup-eyes-fort-worthsite-370-job-manufacturing-plant

[chaostrader]

Shouldn't GFTI be over $10 by now?

With all the CG wheeling and dealing and bullish hype promoted on this board.

You'd figure it should by skyrocketing right? lol

jmo

[kex0414]

Thank you for the update. Silly me! I took Giordano at his word as to the new ticker ECTX as stated below:

GlobeNewswire•January 5, 2017
PARSIPPANY NJ, Jan. 05, 2017 (GLOBE NEWSWIRE) -- Global Fashion Technologies (OTC PINKS: GFTI) will be changing its corporate name to EcoTek360, Inc effective January 10th, 2017. In addition, the Company will change its Stock Ticker Symbol to ECTX also effective on the 17th of January. In conjunction with the aforementioned the Company is applying to trade on the OTCQB

[spongeboy]

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001338929&owner=exclude&count=40

[kex0414]

S.E.C. Search Results as of 2/6/17

EDGAR Search Results: ECO TEK 360, INC.
No matching companies.
……………………………………………………
EDGAR Search Results: ETCX
No matching companies.

http://www.sec.gov/cgi-bin/browse-edgar

Anyone else curious?!?!


$GFTI

[kex0414]

Illinois Court accuses Joy Nunn of, “double-dealing and other misdeeds,”.*

Joy Nunn, Global’s Chief Technology Officer involved in a Due Diligence Malpractice Suit was accused by the Illinois Court of Appeals of, “…double-dealing and other misdeeds…,”

The malpractice suit arose from Meriturn’s 2005 (friendly) takeover of Sustainable Solutions Inc., a startup that planned to recycle industrial waste into usable products. Banner was hired to conduct due diligence on patents critical to SSI’s business before pulling the trigger on the deal.

The firm mistakenly concluded that all of the patents at issue were owned by SSI, but, SSI’s prior owner, Joy Nunn did not own all of the patents in question. Joy Nunn was involved in what the Court stated was, “double-dealing and other misdeeds,”. One critical patent — the ‘179 patent — was actually owned by………
.
.
.

….wait for it…..
.
.
.
.
….wait for it………..
.
.
.
Nunn’s in-laws.

Giordano and Nunn, Global’s Co-Chairpersons (a matched set).

* For anyone interested in reading the entire case:
Meriturn Partners, et al. v. Banner and Witcoff Ltd.,
case number 1-13-1883, Illinois Appellate Court, First District.

[kex0414]

Can somebody please fix my calendar?
GlobeNewswire•January 5, 2017
PARSIPPANY NJ, Jan. 05, 2017 (GLOBE NEWSWIRE) -- Global Fashion Technologies (OTC PINKS: GFTI) will be changing its corporate name to EcoTek360, Inc effective January 10th, 2017. In addition, the Company will change its Stock Ticker Symbol to ECTX also effective on the 17th of January. My calendar says it’s February 2nd, but that can’t be right. C.G. stated that there would be a ticker change on January 17th. It hasn’t happened, so my calander must be wrong; it can’t be February. In conjunction with the aforementioned the Company is applying to trade on the OTCQB system for greater visibility and potential liquidity for our shareholders which should be completed before the end of Jaunary.(sic)

“2016 proved to be a challenging but fruitful year for both shareholders and management quoted Chris Giordano, Are you freaking serious?!?!?!? From a high of $4.72 down to 17 cents at 2016 year-end.
$GFTI

[Moremoneythanbrains]

I am here for the first time. It would appear that most of the same cast of characters From Global Fashion Tech Inc. are on a bunch of similar registered LLCs. Pure renewables, Pure360, 360Circle, Circle LLC and on, and on...

Could this be the same process? Over and over?

They seem to put out press releases about a new company, new plant, new big idea, work with the city for tax abatement, all while selling stock, or courting investors then, suddenly, the local plant isn't big enough, change the name, and move to a new city in:

https://globenewswire.com/news-release/2014/10/31/678664/10105658/en/Global-Fashion-Technologies-Inc-Announces-Purchase-of-New-Mexico-Facility.html

http://newsok.com/article/feed/850883

http://www.dallasnews.com/business/jobs/2016/12/09/textile-startup-eyes-fort-worthsite-370-job-manufacturing-plant

https://www.nccommerce.com/news/press-releases?udt_4733_param_detail=1262

It appears to be the same patent, or similar processes. The cast seems to be finding off lawsuits.

Any thoughts, insight, would be appreciated.

[GreenBackClub]

For those here for the first time. I have been with this fiasco since 2011. I am privy to certain information, and would tread lightly here.

------

Definitely some solid advice.

Looking back at the various iterations of this company one is left with a sinking feeling.

Tread lightly and prepare for the inevitable rinse, wash and repeat.

[kex0414]

2017 Spring Fashion Lineup...coming Summer 2020....maybe.

[kex0414]

Re: Financial Securities, Inc. CRD#13577. Another NJ/Texas outfit. Looks like Deutsche Bank AG and other commercial bank deals are out the window. (again). I wonder what the R/S or Convertibles will be to screw shareholders this time?!

Broker Complaints: Network 1 Financial Securities, Inc. (CRD# 13577)

Network 1 Financial Securities, Inc. is an independent broker-dealer firm incorporated under the laws of Texas. Network 1 Financial Securities, Inc. was incorporated in 1983. Network 1 Financial Securities, Inc.’s main office is located in Red Bank, New Jersey. Network 1 Financial Securities, Inc. is registered with both the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Network 1 Financial Securities, Inc. has offices in 47 US. states and territories.

In 2011 Network 1 Financial Securities, Inc. was fined $12,500 for failing to report numerous over-the-counter equity securities transactions.

In 2010 Network 1 Financial Securities, Inc. was fined $10,000 for failing to immediately execute market orders.

In 2007 Network 1 Financial Securities, Inc. was fined $100,000 when one of its brokers attempted to convince one of its customers, who was a controlling shareholder of a company, to sell Network 1 Financial Securities, Inc. more shares of the company’s stock than was permitted.

Puretek360 becomes yet another apparently failed name. Not one customer listed on the website; just vague overview.

For those here for the first time. I have been with this fiasco since 2011. I am privy to certain information, and would tread lightly here.

[kex0414]

[GreenBackClub]

Global Fashion Technologies, Inc. (OTC PINKS: GFTI) to change Corporate Name and Ticker Symbol.

GlobeNewswire•January 5, 2017
PARSIPPANY NJ, Jan. 05, 2017 (GLOBE NEWSWIRE) -- Global Fashion Technologies (OTC PINKS: GFTI) will be changing its corporate name to EcoTek360, Inc effective January 10th, 2017. In addition, the Company will change its Stock Ticker Symbol to ECTX also effective on the 17th of January. In conjunction with the aforementioned the Company is applying to trade on the OTCQB system for greater visibility and potential liquidity for our shareholders which should be completed before the end of Jaunary.
“2016 proved to be a challenging but fruitful year for both shareholders and management quoted Chris Giordano, Global’s President and Co-Chairman. Through the very careful implementation of financial engineering we reduced our debt from what was at one point over $3.5 million in to under $900,000 thru the third quarter 2016. We expect to reduce that amount further by the end of 2017.This has had a very positive impact in our ability to transition into a company that can begin the process of financing the opportunities that Management has created for its shareholders. Throughout 2016 we continued to evolve as a high tech fabric and apparel based company by our continued pursuit of developing our own intellectual property or in some cases looking at the licensing of technologies that are in late stage development that complement our own proprietary portfolio of patents, trade secrets and processes.

Management and the Board of Directors of Global Fashion Technologies, Inc felt that the coming strategic implementation of our technologies and our overall business direction is reflected in a new corporate name. EcoTek360, Inc., is the name that we best felt mirrored the direction the Company is about to take. ECO reflects our “ECO FRIENDLY” approach to the textile and apparel business. Tek as it relates our being a company which will have a deep commitment to establishing our own proprietary technologies and lastly, 360 for what will be a Company that will create a true sustainable and “Circular Economy” for its products and a positive corporate image for its customers by reducing their carbon footprint.
We are now fully prepared to finance and monetize the Company’s opportunities. We still maintain our Investment Banking arrangement with Network 1 Financial Securities, Inc. and we will look for their advice very shortly on how best to finance the Company’s opportunities going forward.
We look forward to implementing our go to market strategies in 2017 and further communications with our shareholders in the very near future.”

-----

Another year another name change. (Ppbl, gfti...ECTX).

No HISP shares as publicly promised.

Let's hope longs can recoup some of the losses.

Giordano has lots to explain......

[dgor]

wash rinse repeat....seems this board has been awfully quiet..HMM sorry for everyone that stayed praying for the miracle of all miracles