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Cherubim Interests Inc. (CHIT)

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Last Post: 2/19/2021 10:44:48 PM - Followers: 168 - 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
#20520   This chit is a piece of chit. Bigstud is here 02/19/21 10:44:48 PM
#20519   To the moon Alice! lol bluebird50 02/19/21 06:32:54 PM
#20518   Ah! To the MOON. LOL!!!!!!!!!! i c .0003 Bigstud is here 02/19/21 03:22:19 PM
#20517   LOLOL goes where now? Huggy Bear 02/19/21 02:38:21 PM
#20516   Well sure because I took that money plus Scruff360 02/16/21 06:03:29 PM
#20515   So when this chit goes half a penny, Bigstud is here 02/16/21 05:58:36 PM
#20514   we have some vol getmoreshares 02/16/21 10:40:04 AM
#20513   Johnson and company are pretty much kaput. SEC rbtree 02/13/21 02:56:18 AM
#20512   Lol right damn it will be tough hard Scruff360 02/12/21 03:13:32 PM
#20511   So u finally got rid of all that Bigstud is here 02/12/21 03:08:53 PM
#20510   Go CHIT!!!! Rhinestone cowboy 02/12/21 11:48:31 AM
#20509   Good luck I'm finally out after holding the Scruff360 02/12/21 10:59:01 AM
#20508   Td ameritrade let's you trade. Scruff360 02/12/21 10:58:37 AM
#20507   I bought a million .0008. You’re welcome. YeralHax 02/12/21 10:40:39 AM
#20506   Is this place still a company? I have Simmplicity 02/12/21 09:30:32 AM
#20505   Ya thanks for buying them up at.0005 damnit Scruff360 02/12/21 09:00:55 AM
#20504   Did they get sold?? They should of as Bigstud is here 02/12/21 03:26:05 AM
#20503   If u dont have this chit, than your Bigstud is here 02/12/21 03:20:03 AM
#20502   Have u sold yet? BuyLowSellHigh 02/10/21 07:52:08 PM
#20501   Insane volume Harry456 02/10/21 03:14:06 PM
#20500   There in Scruff360 02/10/21 09:10:01 AM
#20499   Put a sell in @ .0003 and ill Bigstud is here 02/10/21 06:26:41 AM
#20498   Sell you mine Scruff360 02/09/21 04:24:04 PM
#20497   We need this chit in r portfolio. Bigstud is here 02/04/21 03:18:30 PM
#20496   come on pat im hearing he’s coming out Mrvince 02/03/21 08:25:44 AM
#20495   Where’s the buying u say . Just give Bigstud is here 12/29/20 03:23:46 PM
#20494   ****GO CHIT******* Harry456 12/29/20 02:45:07 PM
#20493   I wish I did!!! Harry456 12/29/20 02:34:18 PM
#20492   This volume hopefully will rub off on the Harry456 12/29/20 02:33:44 PM
#20491   got CHIT. ? ?? Rhinestone cowboy 12/29/20 02:33:07 PM
#20490   incorrect same crap Mrvince 12/29/20 02:27:43 PM
#20489   Nope. This kind of volume happens Harry456 12/29/20 02:16:45 PM
#20488   nothing is happening Mrvince 12/29/20 02:06:09 PM
#20487   Something is BREWING Harry456 12/29/20 12:23:30 PM
#20486   Nice job Harry456 12/29/20 11:59:51 AM
#20485   Insane volume Harry456 12/29/20 11:59:23 AM
#20484   Love the volume on this puppy Harry456 12/29/20 10:27:16 AM
#20483   well your going to be waiting for a Mrvince 12/23/20 08:39:02 AM
#20482   I got millions and millions @ .0001. It Bigstud is here 12/23/20 02:53:36 AM
#20481   now i know your a newbie in investing Mrvince 12/22/20 10:40:28 PM
#20480   Wow. 18 million nice volume Harry456 12/22/20 03:22:03 PM
#20479   No they are not kidding! They don’t Harry456 12/22/20 02:05:21 PM
#20478   i know you all are kidding Mrvince 12/22/20 11:02:45 AM
#20477   Time will tell how right im em as Bigstud is here 12/19/20 02:32:47 AM
#20476   It got a pulse now , Im bringing Bigstud is here 12/19/20 02:24:23 AM
#20475   Good volume for a dead stock! Lol Rhinestone cowboy 12/18/20 04:22:05 PM
#20474   Simple! That person is wrong. Bigstud is here 12/17/20 03:58:40 AM
#20473   How’s it trading then? Rhinestone cowboy 12/16/20 03:28:53 PM
#20472   Revoked. Scam is gone forever. Huggy Bear 12/01/20 08:11:47 PM
#20471   i know your kidding Mrvince 12/01/20 09:45:39 AM
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