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CG's a NOT a lying sack of shit. Here's receipts.
1. CG lied repeatedly about realizing revenues in 2023. Not even recognized revenues, but *realized* revenues. Yes they realized over $45,000 in ad placements in December when they started but the accounting is a cash basis accounting and wont show up until first quarter when they were paid fopr those ads.
2. CG lied repeatedly about selling knock-off Xmas, Black History Month, etc vinyls, obtaining POs worth millions, and never even had the licenses necessary to sell them. They did manufactre and unfortuntely held up bu US Customs via China manufacturing and Cusotms issue with IP issues out of China. Now they will be manufacturing in the US with Technicolor USA a multi billion corp so there will be no issues
3. CG lied repeatedly about dilution due to convertible notes. 2023 Q3 10-Q stated in subsequent events that they diluted over 102Mil for convertible notes. There were opportunities that required cash via Maybacks and the decision was made to invest in the business and let a few conversions happen instead. Now they have a business that will produce millions of dollars worth of revenue. Great decision IMHO
4. CG lied about automatically converting 50% of Series C Preferred Shares upon Maybacks reaching 40 channels. Any wonder why? "Our failure to reserve sufficient shares of common stock could be considered an event of default." - 2023 10-K. They are being converted in second quarter since there are well over 40 and Maybacks will be CF positive in the upcoming 3rd quarter
You must have spent the whole weekend doing this.LOL! Guess what nobody cares and you have made zero progress in convincing the smart people ....novices and the uniformed may buy into the stupidity but not smart people.
CG =Genius
Yes and there have been no conversions and none are coming everybody's being paid in cash according to my understanding in speaking with management. However you still have to represent and disclose the potential which as you can see has not happened we are basically at 2 billion shares.
The balance of any reserves ought to be used for financing other opportunities one and if they come is what I have been informed.
And by the way that's a misprint the State of Nevada shows it at 2.5 billion not 3.5 billion. An adjustment will be made to that misprint in the first quarter filing which you will see. When the first quarter is filed it will show 2.5 billion authorized. You do not do good DD. Stop trying to impress everyone.
Exciting week! Hope they file Q1 end of week. Once current, .01+ coming very very FAST!!!
$$$$$$ AHRO AHRO
CG's a lying sack of shit. Here's receipts.
1. CG lied repeatedly about realizing revenues in 2023. Not even recognized revenues, but *realized* revenues.
2. CG lied repeatedly about selling knock-off Xmas, Black History Month, etc vinyls, obtaining POs worth millions, and never even had the licenses necessary to sell them.
3. CG lied repeatedly about dilution due to convertible notes. 2023 Q3 10-Q stated in subsequent events that they diluted over 102Mil for convertible notes.
4. CG lied about automatically converting 50% of Series C Preferred Shares upon Maybacks reaching 40 channels. Any wonder why? "Our failure to reserve sufficient shares of common stock could be considered an event of default." - 2023 10-K
.0004. Don’t get ahead of yourself. This is garbage until it’s not. I own plenty. Called objectivity. Some have little of that.
LOLOL. He cannot find one. "Little shit" just makes up shiot and posts it. CG = Genius
Great post for calling out facts! Maybacks reaching new heights every week. Per recent post: “…Quantum leap in revenue is imminent” WOW!!!
$AHRO We are working on both 1st QTR and 2nd QTR. Want to make certain 2nd QTR and beyond are always filed on time. Have the right accounting team in place now. Maybacks business is expanding with each and every week that goes by. We generated rev in 1st and 2nd QTRs. Looking…
— Authentic Holdings, Inc ($AHRO) (@AuthenticHLDGS) June 13, 2024
New here? Whatever.
Sorry but I am new here , so please copy and paste each of the allegation you have :) ref CG lied about POs, revenues, dilution, and licensing
Legit post, much of which has been highlighted countless times.
Meanwhile, you can count on others with no accounting experience to "trumpet" basic accounting slights-of-hand that move around supposed asset & equity positions.
Regardless of ALL OF IT, maybe one day $AHRO will be current & trade freely & get effectively pumped by better pumpers than retail ihubbers so everyone gets better exits in the future.
These things cycle - surely $AHRO is due for better price action, despite all the lies that have been posted here over the past 4 weeks and past 4 years.
Looking forward to that promised nickel next year!
Honestly I am.
GLTA!
hoping others more talented than us may find something? like Mr. Kiss just did :) ty Mr. Kiss $AHRO will scream now once retail is allowed to buy some shares IMHO ..........I know I will :)
"Shareholder Equity (SE) represents the net worth of a company, calculated as the difference between total assets and total liabilities1.
In this case, the negative values suggest that the company had more liabilities than assets, which is typically a sign of financial distress. However, the reduction in the negative amount from millions to thousands shows that the company has managed to decrease its liabilities, increase its assets, or both. This could be due to a variety of factors such as improved earnings, successful investments, or effective debt management2".
$AHRO how does one explain this then ? $AHRO
"The improvement in the Shareholder Equity section from -$4,516,000 MM to -$200,000 indicates a significant positive change in the company’s financial health. Shareholder Equity (SE) represents the net worth of a company, calculated as the difference between total assets and total liabilities1.
In this case, the negative values suggest that the company had more liabilities than assets, which is typically a sign of financial distress. However, the reduction in the negative amount from millions to thousands shows that the company has managed to decrease its liabilities, increase its assets, or both. This could be due to a variety of factors such as improved earnings, successful investments, or effective debt management2.
The change reflects that the company is moving towards a stronger financial position, reducing its overall debt burden, and potentially increasing its value to shareholders. It’s a good sign for investors, as it may indicate the company’s ability to generate profits and sustain growth over time3."
"The improvement in the Shareholder Equity section from -$4,516,000 MM to -$200,000 indicates a significant positive change in the company’s financial health. Shareholder Equity (SE) represents the net worth of a company, calculated as the difference between total assets and total liabilities1.
In this case, the negative values suggest that the company had more liabilities than assets, which is typically a sign of financial distress. However, the reduction in the negative amount from millions to thousands shows that the company has managed to decrease its liabilities, increase its assets, or both. This could be due to a variety of factors such as improved earnings, successful investments, or effective debt management2.
The change reflects that the company is moving towards a stronger financial position, reducing its overall debt burden, and potentially increasing its value to shareholders. It’s a good sign for investors, as it may indicate the company’s ability to generate profits and sustain growth over time3."
$AHRO ty for spotting that!!!
"The improvement in the Shareholder Equity section from -$4,516,000 MM to -$200,000 indicates a significant positive change in the company’s financial health. Shareholder Equity (SE) represents the net worth of a company, calculated as the difference between total assets and total liabilities1.
In this case, the negative values suggest that the company had more liabilities than assets, which is typically a sign of financial distress. However, the reduction in the negative amount from millions to thousands shows that the company has managed to decrease its liabilities, increase its assets, or both. This could be due to a variety of factors such as improved earnings, successful investments, or effective debt management2.
The change reflects that the company is moving towards a stronger financial position, reducing its overall debt burden, and potentially increasing its value to shareholders. It’s a good sign for investors, as it may indicate the company’s ability to generate profits and sustain growth over time3."
$AHRO Success is Sweet Revenge" $AHRO
CG lied about POs, revenues, dilution, and licensing
It's understandable that someone would be so butt-hurt when they were conned into becoming an "insider" of this scam company. The alleged genius used and abused their asshole so badly, it's permanently prolapsed. Now, he's throwing a temper trantrum since bears get to say, "I told you so."
13g filers and "insiders" got played like a fiddle and now the company actually faces the very real prospect of default.
Remember when CG said no more dilution from convertible notes on X, and revealed that he lied about it in the subsequent events section of 2023 Q3?
Well, now CG literally can't dilute shareholders enough.
The authorized share count was already approved to go over three billion. The filing is in plain English with the SEC.
The pumpers of this stock are just sick and tired of being screwed over by CG, especially as the company faces default.
Great call out! Going to be HUGEE soon.
GO Maybacks!!!
$$$$$$ AHRO $$$$$$
There was no rev in 2023 and a post said otherwise so why the attack when someone points that out? Get a grip and stop with the zero rebuttal flame throwing. Argue the case, why don't you. We're all ears. Not that I give a shit. I want current and rev moving forward. If Q1 is absent of rev, this is cooked imo.
“Quantum leap in revenue imminent” WOW!!!
$AHRO We are working on both 1st QTR and 2nd QTR. Want to make certain 2nd QTR and beyond are always filed on time. Have the right accounting team in place now. Maybacks business is expanding with each and every week that goes by. We generated rev in 1st and 2nd QTRs. Looking…
— Authentic Holdings, Inc ($AHRO) (@AuthenticHLDGS) June 13, 2024
Penny pumping scammers out on the loose. Be careful with your money. When you see them making outrageous price target calls, you know it's a scam.
All I care about is revenue and being current SEC reporting. The K is ugly absent of the intangible but we knew that. Q1 report will start to tell the story.
Anyone notice there is an "Intangible Asset" being carried on the financials for $4.7 MM+ ?? Anyoner notice that the Shareholder Equity section has improved from - $4,516,000 MM to -$200,000
Once the independent valuation analysis is completed it will become a tangible asset. By the end of 4th quarter we could have a much stronger Balance Sheet and a P & L with positive CF.
Knew that. AHRO
I think we can handle it, thanks. You know, the reading part. Scrolling and highlighting. The rest.
10-Q for first quarter needed for them to exit the Expert Market or processing time by the overlords for the 10-K?
GM I post areas of interest for readers. Most signfegant areas imho is Subsequent events
No kidding Missle Boy. They just started the test in November and did not get anything until 1st quarter
HAHAHAHAHAHA ZERO REVENUE 2023 🤣
Once Q1 is filed, this is going ballistic and will fly well beyond a penny!!!
$$$$$$ AHRO $$$$$$
We can read the report. What are you doing taking snippets out of the K? Reason specific?
NOTE 12 – SUBSEQUENT EVENTS
https://content.edgar-online.com/ExternalLink/EDGAR/0001477932-22-009229.html?hash=d98d1372a60e65828382339f51af54129eb9684c3afd6f5cae109b898ef2f906&dest=gftx_ex31_htm#gftx_ex31_htm
The Company had evaluated subsequent events for recognition and disclosure as of May 31, 2024 when the financial statements were available to be issued.
Series Z Preferred Stock
Subsequent to December 31, 2023, the Company issued 3,200 shares of Series Z Preferred Stock for proceeds of $79,980. Series Z Preferred Stock, the shares shall not accrue nor pay dividends except as declared by the board of directors in its sole discretion. The Series Z Preferred Stock shall have the same voting rights as the Common Stock, but on a one hundred-to-one basis (100:1). Each share of Series Z Preferred shall be convertible at a fifty (50%) discount to the closing stock price of Authentic Holdings Inc., on the day the Holder gives notice to the Company at the option of the holder(s), on the Conversion Basis in effect at the time of conversion. Such right to convert shall commence as of the Issue Date and shall continue thereafter for a period of one (1) year, such period ending on the tenth anniversary of the Issue Date.
Common Stock
Subsequent to December 31, 2023, the Company converted $53,457 in convertible notes and accrued interest into issued 215,653,484.
Convertible Notes Payable
Subsequent to December 31, 2023, the Company issued $25,000 in convertible notes, convertible at a fixed price of $0.0005.
Subsequent to December 31, 2023, the Company repaid $16,000 in convertible notes.
Promissory Notes
Subsequent to December 31, 2023, the Company’s received $4,000 and repaid $25,000 in promissory notes.
Secured Promissory Notes
Subsequent to December 31, 2023, the Company’s received $43,000 in secured promissory notes.
Related Party Notes
Subsequent to December 31, 2023, the Company’s Chairman advanced the Company $10,800 and was repaid $34,239.
Research and Development
We have not incurred any research and development expenditures over the last two fiscal years.
]t incurred any research and development expenditures over the last two fiscal years.
Employees
We have three full time employees at Maybacks Global Entertainment. Our officers and directors furnish their time to the development of the Company at no cost and intend to do whatever work is necessary in order to generate revenues. We do not foresee hiring any employees in the near future.
TABLE OF CONTENTS
Part I
4
Item 1.
Business
4
Item 1B.
Unresolved Staff Comments
17
Item 1C.
Cybersecurity
17
Item 2.
Properties
18
Item 3.
Legal Proceedings
18
Item 4.
Mine Safety Disclosures
18
Part II
Item 5.
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
18
Item 6.
[Reserved]
20
Item 7.
Management’s Discussion and Analysis of Financial Condition and Results of Operations
20
Item 7A.
Quantitative and Qualitative Disclosures About Market Risk
25
Item 8.
Financial Statements and Supplementary Data
25
Item 9.
Changes in and Disagreements With Accountants on Accounting and Financial Disclosure
25
Item 9A.
Controls and Procedures
25
Item 9B.
Other Information
26
Item 9C
Disclosure Regarding Foreign Jurisdictions That Prevent Inspections
26
Part III
27
Item 10.
Directors, Executive Officers and Corporate Governance
27
Item 11.
Executive Compensation
31
Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
32
Item 13.
Certain Relationships and Related Transactions, and Director Independence
33
Part IV
34
Item 14.
Principal Accounting Fees and Services
34
Item 15.
Exhibits, Financial Statement Schedules
34
Item 16.
Form 10-K Summary
"State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter of 2023 was $1,963,367
Indicate the number of shares outstanding of each of the registrant’s classes of common stock as of the latest practicable date. 2,240,073,721 common shares as of May 22, 2024.
Hmmm
I’ll read in the morning with my coffee
The Q and news of revenue and I’ll get interested
Awesome!!!
Boy that’s a sight.
Chill. It’s a process. AHRO
What is going on with the filing? Does it take this loooong from printer to file?
Maybacks BOOMINGG! Penny run coming as soon as this start trading!!!
$$$$$$ AHRO $$$$$$
Can't wait for the filings and new ATL.
Think it takes a day or two to post on OTC once filed with SEC. It’s not like alternative reporting pinks direct to OTC I’m guessing.
No you're not and you have 0 evidence it will do anything but dump like it always does. Quad 0s are coming imo.
Looking forward to this trading again very soon. Should easily blow past all resistance levels well into penny! MMs are TOAST!!!
$$$$$$ AHRO $$$$$$
We've had nothing but "good news" for years.
I dont think we need luck. Just a lot of good news and let the man do his thing from this point on and we will see the prices we are all hoping for
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