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Cherubim Interests Inc. (CHIT)

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Last Post: 10/10/2019 11:30:47 AM - Followers: 173 - Board type: Free - Posts Today: 0


 
 
Cherubim Interests Inc (OTCMKTS:CHIT) Floored Back to $0.0001
by Todor Pichurov January 6, 2016

There really is precious little to be surprised about here, considering the hole that CHIT dug itself in over 2015. The first and most important factor here is dilution. Back in late July 2015 the company had 58.6 million outstanding common shares. By Aug 31 that number was up at 125 million.

In mid-October the company upped its authorized shares to a mind-boggling 5 BILLION. A little scary given the company had just 0.1 billion OS not two months ago, isn't it? It actually is, especially considering what CHIT did by the end of calendar 2015.

A Schedule 13-G published on Dec 30 reveals that a certain DTS Partners LLC holds a massive 200,000,000 CHIT common shares. Those 200 million comprise 6.1% of the company's outstanding stock, according to the filing. This would peg CHIT's outstanding common shares as of the end of 2015 at somewhere around 3,000,000,000 or 3 BILLION.

Going from 58 million to 3 billion over the span of five months and diluting your retail shareholders some 5000% could be enough of a feat to scare most anyone away from the stock.

The fact that CHIT's latest balance sheet is deplorable does not help either. Here is what the company reported in its annual for the year ended Aug 2015:

$16 thousand in cash
$19 thousand in total company assets
ZERO in annual revenues
$915 thousand in annual net loss

The summation of the above should shed some light on why CHIT remained locked in sub-pennies for months on end and eventually slid to rock bottom at $0.0001.

http://www.hotstocked.com/article/92438/cherubim-interests-inc-otcmkts-chit-floored-back.html
 




CHERUBIM INTERESTS (OTC: CHITD) SHARE STRUCTURE
 

Following Recent 1 - for - 20,000 Reverse Split
https://www.sec.gov/Archives/edgar/data/1421865/000107878217000806/pre14c053117_pre14c.htm

http://otce.finra.org/DailyList

 

Transfer Agent
Pacific Stock Transfer / Tel: (702) 361-3033 / Toll-Free: (800) 785-PSTC
http://www.pacificstocktransfer.com/contact/

 
Authorized Shares 15,000,000,000 a/o Jul 28, 2017
Outstanding Shares 9,541,138 a/o Jul 28, 2017
Outstanding Shares 12,202,353 a/o Aug 1, 2017
Outstanding Shares 12,407,759 a/o Aug 3, 2017
Outstanding Shares 12,888,834 a/o Aug 11, 2017
Outstanding Shares 14,645,202 a/o Aug 16, 2017
Outstanding Shares 707,121,769 a/o Oct 24, 2017
Outstanding Shares    
Outstanding Shares    
Outstanding Shares    
     
 
 


1 - for - 20,000   REVERSE SPLIT APPROVED ON MAY 31, 2017


On May 31, 2017, our board of directors and holders of a majority in interest of our voting capital stock approved a 1-for 20,000 reverse split of our common shares (“Reverse Split”). This approval is anticipated to be effective 20 days after this Information Statement has been distributed to our shareholders.

As a result of the Reverse Split, each shareholder of record as of May 31, 2017, will receive one (1) share of common stock for each twenty thousand (20,000) shares of common stock they held prior to the Reverse Split, provided however, that fractions of a share shall be rounded up to the nearest whole share.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CHERUBIM INTERESTS, INC.

Date:  May 31, 2017

By:  /s/ Patrick Johnson                  
Patrick Johnson
Chief Executive Officer


https://www.sec.gov/Archives/edgar/data/1421865/000107878217000806/pre14c053117_pre14c.htm
 



1 - for - 30,000   REVERSE SPLIT APPROVED ON FEBRUARY 9, 2016


On February 9, 2016, our board of directors and holders of a majority in interest of our voting capital stock approved a 1-for 30,000 reverse split of our common shares (“Reverse Split”). This approval is anticipated to be effective 20 days after this Information Statement has been distributed to our shareholders.

As a result of the Reverse Split, each shareholder of record as of February 9, 2016, will receive one (1) share of common stock for each thirty thousand (30,000) shares of common stock they held prior to the Reverse Split, provided however, that fractions of a share shall be rounded up to the nearest whole share.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CHERUBIM INTERESTS, INC.

Date:  February 9, 2016

By:  /s/ Patrick Johnson                  
Patrick Johnson
Chief Executive Officer


https://www.sec.gov/Archives/edgar/data/1421865/000107878216002298/pre14c020916_pre14c.htm

 




1 - for - 15   REVERSE STOCK SPLIT APRIL 27, 2015


Pursuant to an Agreement and Plan of Reorganization dated April 27, 2015, the Company agreed to acquire all of the membership interests of Cherubim Interests, LLC, a limited liability company, from Victura Construction Group, Inc. (“Victura”). Victura is an affiliate of Patrick Johnson, a director and President of the Company, and is a non-reporting public company trading under the symbol VICT. The acquisition closed on April 27, 2015. Pursuant to the acquisition, the Company has (a) effected a 1-for-15 reverse stock split, such that the 83,626,881 outstanding shares of common stock will be reclassified as 5,575,125 shares of new common stock;

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:  April 29, 2015

CHERUBIM INTERESTS, INC.

By:  /s/ Patrick Johnson                  
Patrick Johnson
Chief Executive Officer


https://www.sec.gov/Archives/edgar/data/1421865/000107878215000653/f8k042915_8k.htm
 


 


 
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PostSubject
#20401   We all find out about you it’s to Mike245 10/10/19 11:30:47 AM
#20400   Pat the bum Johnson that smokes to much Mike245 10/10/19 11:29:11 AM
#20399   !!!!!!!!!!! always read the board!!!!!!!!!!!!! getmoreshares 10/02/19 11:07:02 AM
#20398   Pat you bum what’s next pats butt scratcher lol Mike245 10/02/19 10:04:20 AM
#20397   People be on the look out pat is Mike245 09/20/19 10:04:03 AM
#20396   Just got a update from mr pat Johnson Mike245 09/18/19 10:12:34 AM
#20395   What’s wrong pat Johnson can’t even do a Mike245 09/18/19 10:05:13 AM
#20394   I know the whole story trust me he Mike245 09/12/19 11:35:10 AM
#20393   Agreed. Want some back story? Feel free to Wapiti73 09/09/19 08:22:27 PM
#20392   So for all the people that believes he Mike245 09/09/19 11:36:10 AM
#20391   His next idea I heard is called pats Mike245 09/04/19 09:41:35 AM
#20390   Guess a bum can’t change he needs rehab Mike245 08/29/19 02:06:52 PM
#20389   Come on pay pay back the people wait Mike245 08/21/19 12:30:06 AM
#20388   Pay back the people mr Johnson stop smoking Mike245 08/15/19 11:41:29 AM
#20387   What else can we do can’t talk about Mike245 08/14/19 11:53:42 AM
#20386   nice to have some posts for entertainment!!! getmoreshares 08/14/19 11:20:33 AM
#20385   O no that’s not good hope he has Mike245 08/14/19 11:08:45 AM
#20384   believe he is buried in NV desert. getmoreshares 08/14/19 11:07:03 AM
#20383   Where’s cousin Vinny haven’t heard from him Mike245 08/14/19 10:41:14 AM
#20382   Mr Johnson pay back the people I mean Mike245 08/13/19 02:38:21 PM
#20381   Yes there’s all different models especially the hq Mike245 07/28/19 12:27:24 PM
#20380   Will there be gender-specific models.... lolzzzz rbtree 07/27/19 02:55:29 PM
#20379   Lmao that’s what I’m saying go chit right Mrvince 07/17/19 01:49:45 PM
#20378   Go Chit! Bigstud is here 07/17/19 03:35:20 AM
#20377   PAY BACK THE SHAREHOLDERS YOU BUM LET PEOPLE Mrvince 07/15/19 03:23:20 PM
#20376   Wow pat must be busting your horns about Mrvince 07/15/19 01:21:09 PM
#20371   You Know I tried to be nice and buy a Mrvince 07/05/19 02:05:15 PM
#20370   You Know I tried to be nice and buy a Mrvince 07/05/19 02:03:05 PM
#20369   Well folks sad news pats pat socks did Mrvince 07/01/19 02:52:04 PM
#20368   Go pats pat socks that’s what I’m talking Mrvince 06/22/19 12:33:20 AM
#20367   He had the crabbie patties was selling them Mrvince 06/20/19 01:56:58 PM
#20366   how much are those crabby patties????? LOL getmoreshares 06/20/19 11:09:27 AM
#20365   Ok everyone I heard thru the grapevine mr Mrvince 06/20/19 09:57:01 AM
#20364   Crap I forgot about that one but I Mrvince 06/16/19 01:05:47 PM
#20363   do not forget the 3'rd POS. VICT getmoreshares 06/16/19 12:09:09 PM
#20362   Alert there will no longer be crabbie patties Mrvince 06/16/19 11:14:43 AM
#20360   It’s the weekend folks two for one special Mrvince 06/15/19 11:18:46 AM
#20359   Crab patties get your crab patties here Mrvince 06/13/19 08:05:47 PM
#20358   This bum can’t even buy back our stock Mrvince 06/13/19 10:52:26 AM
#20357   Lmao Mrvince 06/12/19 11:34:34 AM
#20356   Pat has crabs, eh? Could be, but not rbtree 06/12/19 11:11:09 AM
#20355   Pats crab shack coming to the exchange near you Mrvince 06/12/19 09:45:26 AM
#20354   Pats crab patties that’s going to be his Mrvince 06/12/19 09:43:06 AM
#20353   Yup! Ya'll should know that I was rbtree 06/11/19 11:27:55 PM
#20352   couple more good posts on the other two boards. getmoreshares 06/11/19 06:43:58 PM
#20351   Good Lawd the man is delusional. Talk Huggy Bear 06/11/19 06:39:55 PM
#20350   believe he is getmoreshares 06/11/19 12:59:37 PM
#20349   One would have to be in his parallel rbtree 06/11/19 09:11:11 AM
#20348   Just curious. How often does Frank's orbit bring swingingRichard 06/11/19 08:13:37 AM
#20347   lol, I wouldn't be surprised if Frank tried janice shell 06/10/19 06:45:59 PM
PostSubject