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Hey Frankie....look at the last s8 gfyo
filed. Looks like he's getting away from
the Frulatti franchises and is now targeting
stand alone restaurants. Went below the .01
on Friday. I can not understand why the SEC
has not stopped this scammer from hurting
other people. ed (will never capitalize that
POS name because I have absolutely no respect
for him)is a scam artist. I wonder just how
many people like ourselves that lost all
of their stocks with the R/S. I lost nearly
2 million shares. My 6 remaining shares .06
cents. ed got me for a bunch of $$$$$$$$.
I'm certain that I was not the only
sucker that lost a bunch of money, nor will
I be the last. As long as the SEC does not
care about scammers like him, lots of other
investors will be preyed on the very same way
only now he''s given fishing poles to his family
so they to can prey on others. Talk about grifters!
Whats wrong with this chart? GFYO
Yeah and my shares were rs into oblivion.... lol ED you POS.. got to laugh at it cause its probably being done with the fine line of the law.
real
Good news GFYO has not traded since 11:39AM
on 10 Nov 04. Maybe just maybe they are being
held from trading by the SEC.
I sure hope that they are being investigated
and banned from future trading.
Hopefully they are smart enough to read the board going back a couple of months when (and if) they do their due diligence.
Irish......What is happening with this
POS stock. It hit .12 today. That's incredible.
Especially with only 65K shares traded. A 50%
increase in one day. What kind of crap is he
peddling? Some unsuspecting sucker will fall
into this trap and will lose his/her shirt.
It's evident that buyers are not aware of all
the crap that ed has been dishing out. Too bad
they don't read I hub.
Irish.......I could not agree with you
any more. White collar criminals that
steal from unsuspecting investors have
to be stopped and dealt with as the
CRIMMINALS THAT THEY ARE. I hope that
POS gets what he deserves.
yelmight, lets hope they close the doors on that stock selling scam..
Irish....got the email address you posted
for the sec,., sent them a formal complaint
and they forwarded to the sec investigative
board. They also told me that I could not
trace it nor would I receive anything from the
sec. So there is no way of knowing if my
complaint actually made it to the investigative
board or died of athrophy. I would hope that
other shares holders of past and present follow
suit and voice their complaints as I did, who
knows it may get someone's attention. The 2
things that I have learned is that ed is a
supersized POS and that GFY does not mean
Good Foods for You but rather Go F..ck Yourself
He is as crooked as they come and I truly
hope that one day he will offend someone
that will do more than just complain to the SEC.
All we can do is complain... They need to put these stock selling scam out of business.. They are raping to many investors..
Hey Irish, Its crazy how its set up. I wonder if these games hold up to SEC scrutinty and are in fact leagal. Does the SEC even bother? Lucky me I wound up on the up side but I still feel ripped off as my last 240,000 shares vaporized in to thin air with 2 reverse splits just months apart. They were not worth the paper they were printed on. I do believe if you just dissolve investor shares to negative numbers you should have to disolve the company. however small it was I did own a part of the company.
Go figure, lets see if the SEXC under 4 more years of GWB bothers to clean this act up? SEC WHERE ARE YOU?
real
What a generous guy - stock instead of paychecks...wonder what he does for Christmas bonuses?
GFYO - Here is where your shares are going... Right to Eds family... Nice, huh?
GFYO: Issues Restricted Cmn Stk to Certain Employees
Wednesday, November 03, 2004 15:42 ET
GFY Foods, Inc (OTCBB: GFYO) filed an 8-K on 11/3, in which the Company reported that on 11/1, it issued 850,000,000 shares of its restricted common stock to Edward Schwalb, the President and sole director. The Company issued these shares as part of Mr. Schwalb's employment agreement with the Registrant that enables Mr. Schwalb to maintain a 70% ownership in the Registrant. Mr. Schwalb has waived this clause in his employment contract but accepted this issuance to raise his total ownership to 25.52%. The issuance of 850,000,000 shares to Edward Schwalb represents 24.80% of the total shares outstanding as of November 2, 2004.
On November 1, 2004, the Company issued 275,000,000 shares of its restricted common stock to Lee Traupel for services rendered. This issuance of 275,000,000 shares represent 8.03% of the total shares outstanding as of November 2, 2004.
On November 1, 2004, the Company issued 275,000,000 shares of its restricted common stock to Jason Loebig for services rendered. The stock was issued as a bonus and in lieu of cash pay due to Mr. Loebig. This issuance of 275,000,000 shares represents 8.03% of the total shares outstanding as of November 2, 2004.
On November 1, 2004, the Company issued 250,000,000 shares of its restricted common stock to Eric Schwalb, an employee and brother of the Presiden. The stock was issued as a bonus and in lieu of cash pay due to Eric Schwalb. The issuance of 250,000,000 shares to Eric Schwalb represents 7.30% of the total shares outstanding as of November 2, 2004.
On November 1, 2004, the Company issued 250,000,000 shares of its restricted common stock to Lore Hayes for services rendered. The stock was issued as a bonus and in lieu of cash pay due to Mr. Hayes. This issuance of 250,000,000 shares represents 7.30% of the total shares outstanding as of November 2, 2004.
On November 1, 2004, the Company issued 250,000,000 shares of its restricted common stock to Kelly Gates, an employee. The stock was issued as a bonus and in lieu of cash pay due to Kelly Gates. The issuance of 250,000,000 shares to Kelly Gates represents 7.30% of the total shares outstanding as of November 2, 2004.
On November 1, 2004, the Company issued 200,000,000 shares of its restricted common stock to Stuart Schwalb, the father of the President, for consulting services rendered to the Registrant. The stock was issued for consulting fees due to Stuart Schwalb. The issuance of the 200,000,000 shares to Stuart Schwalb represents 5.84% of the total shares outstanding as of November 2, 2004.
On November 1, 2004, the Company issued 250,000,000 shares of its restricted common stock to Bret Schwalb, an employee and brother of the President. The stock was issued as a bonus and in lieu of cash pay due to Bret Schwalb. The issuance of 250,000,000 shares to Bret Schwalb represents 7.30% of the total shares outstanding as of November 2, 2004.
On November 1, 2004, the Company issued 300,000,000 shares of its restricted common stock to Cecil Wall in consideration for services performed in 2000-2001. Mr. Wall had an agreement with the previous management to be issued shares of common stock which were never issued to Mr. Wall. The issuance of the 300,000,000 shares to Mr. Wall is approximately the same percentage of the outstanding shares that Mr. Wall was due at the time of his agreement. The issuance of these shares represents 8.75% of the total shares outstanding as of November 2, 2004.
After the stock issuances referenced above, the total number of shares outstanding as of November 2, 2004 was 3,426,733,899.
GFYF/GFYI/GFYO beware this POS changes its stripes often. Down is the only way for this POS. Cash register for ED SCHUAB and Family. .03 and less than 2000 shares traded... volume should dissapear forever. ED has been pulling the Reverse Split scam since 1998.
real
the trick they will pull is a different family member will start the business. Thats how they get around the chapter 11 moves.
real
Hurray! Hurray! Hurray!!!!
I hope that GFYO sinks because it sure
as he.. stinks!!! That POS, I can only wish
him the worst that life has to offer.
He is a scumbag and deserves to go broke.
We should all be aware that if this one goes
south as I'm sure it will that ed schwalb
will start another company. This is not the first
time that one of his companies has gone south.
I doubt it will be the last one.
Irishbull........GFYO dropped 04 cents yesterday
and closed at .03. That's fantastic news maybe word
is getting out that they are a scam business, whose
only interest is to generate billions of shares with
every sec 8 filing then playing games by pumping and
dumping. Hect the whole POS family is now doing it.
Looks like it was not traded today. Hope that the SEC
has taken the time to flush these cons out of the pinks.
Being a cash register is illegal. last I heard.
real
yelmight, I now have a negative 10 shares. The name change is so you can't trade the shares after the RS when they are dumping all their shares at a higher rate. I have officially sent a letter to the sec... FWIW I don't think it will make much difference.... Ed stole shares from many people. folks with a lot more than me....... this is definitly border line stealing. I wish he would explain what these moves do to inhance the companies bottom line other than his families salaries...... it might be a family run business... but still illegal as I understand the law. For his sake I hope he hasn't PO'ed any shady people.... or any folks higher up on the food chain than him.... They tend to get upset when folks mess with their money.
real
Frankie....His new high for the year 40.00
and new low is .10 cents. What kind of false msg does
that send to unsuspecting buyers? Hey this stock
is trading low at .05 and has the potential to
get back up to 40.00 dollars Tell me this is acceptable
and all within the sec guidelines?
Frankie.......Martin Murray hit the nail
on the head, GFY "Go F.... Yourself" is
the name ed chose for his company. How
appropriate can an acronym be! As you may
have seen he has changed his stock symbol
to gfyo, that way it would be just a bit harder
to trace the company's sleezebag pump and
dump practice. I hope that Irish Bull
blacklist changes to reflect gfyo as well
as gfyf and gfyi. 3 stock symbol changes in
less than 6 months and 2 reverse splits in
less than 5 months. Tell me this POS doesn't
smell. Also I hope that the SEC investigates
ed's practices of burning people. My next
move will be to contact 60 minutes/dateline
or any of the news magazines that will hear me out.
Before the last (before this one) R/S, I made some decent money with it at a volatile point in the .0015-.0030 range. But that was last Spring and it was very different then. I went back to the well once too often and gave some of it back when the last dillution kicked in.
Now it is what I call a cash register stock. The stock value has absolutely nothing to do with the underlying business, which in this case is quite probably just as worthless, but still unrelated. What drives this stock is shares by the billions. The OTC market is just a cash register to GFY and nothing more.
Occasionally you can make money from it on a daytrade, but there is NO VALUE PROPOSITION in the stock at all.
Thanks.........You are absolutely right.
Wish I could have seen through that acronym
6 months ago, I would not have gone there.
Hope you didn't get burnt! This whole scenerio
could be used to make a movie called
"Sleeze Factor" staring the king of
sleeze, ed schawlb accompanied by
family and friends. Can't beleive that
POS got one on me. What goes around comes
around. His time will come!
At least it is finally clear what GFY stands for!
6 shares remaining! It's down to nothing!
My 5K is now worth .24 cents. ed has nailed
the coffin shut for most of us. Now he has
changed the trading symbol again (Diversion)
to GFYO, always changing the menu in an attempt
to attract unsuspecting investors. If one was looking
to invest in gfyo he/she would not find it on ihub
therefor the blacklisted GFYF/GFYI has no impact on
GFYO. Now everyone in the family can play the pump
and dump game drive it back down to .0001 and do
another r/s. I think the SEC is letting us down by
labeling us as irresponsible investors of the pink
sheet market. I would encourage everyone that has
been burnt to email the SEC at help@sec.gov and state
their grievances. Otherwise this whole sleezebag
family will continue to burn new investors.
Frankie did you look at the share distribution
that ed made to his family. 150Million to
his brother/father/employee/lover/etc. Now everyone
can pump and dump. After the r/s the price will go up
they will dump until it flatlines and they will
do another r/s. I emailed the sec and they are looking
into it. They told me that I would not be able to get
an update on the investigation and could not trace
its progress. I wonder if they will just dismiss this as
the rantings and ravings of a burnt investor.
ed has to be stopped he is going to hurt a lot of people
if he continues abusing the program. I would like to see
everyone thats been burnt, take the time to write to the SEC
and voice their compliants and grievances.This kind of
blatant thievery can't go on it's BS__t.
I would like to get his ass burned..... 2 RS is a crime.
real
You're absolutely correct about ed being a POS
he is fleecing unsuspecting traders and will
continue to do so until he is stopped by
the sec. As for selling it before the reverse split.
I had almost 2 million shares and could not sell
it, even when it went below the .0010 level. I
tried to sell it for two weeks and could not
make the sale. I think that ed had such a huge
ongoing sale order that mine was not able to get
into a sale position. I am sending the SEC an email
as well as a formal written complaint concerning
ed's practices. He has to be stopped from hurting any
more people. What really burns me up is that he will
amase several businesses at our expense and we will
be completely out of the picture. After this r/s
I will have 6 shares, can't sell without losing
more money so I'm going to let it die on the vine.
ed is a scum bag and I wish him the worst that life has
to offer. What goes around comes around!
yelmight, I was very vocal on GFYF board on RB about what this company was doing and also on IHUB. Anyone who owned it before the R/S should have sold before it did the R/S..
I would send the SEC an e-mail at help@sec.gov and complain bitterly to have them shut down for extreme abuse of the SEC rules..
Ed is a full blown out POS and he's giving his family hundreds of millions of shares...
We need to stop this thievery!
Frankie/Irishbull and to all the others
that invested in gfyi. This is it! We are
just about wiped out and off the books.
I went from 1,800,000 to 6000 now to
6 shares. The process of pumping and
dumping will continue all over again
and will be repeated until the SEC
steps in or the FTC investigates this
blue collar thievery. As with the last
sec 8 filing, ed has spread the wealth
to all the family members so they too
can pump and dump at our expense. This
is without a doubt the biggest scam on the
penny stock. I wish IHUB would have identified
this stock early on and blacklisted
it before it took me for 5K dollars.
How many more will suffer before he gets
stopped. Does anyone know if it is also
blacklisted on Irishbull stock board.
Frankie, he blocked my e-mail addy back in April.. LOL
Here is Ed's email address (GFYI). Take a second and write him a note and let him know what a great job he is doing. The king of POS should get some fan mail.
ares@bwwonline.com
GFYI - 1:1000 R/S October 25, 2004
From todays 8-K
Item 3.02 Sales of Unregistered Securities
--------------------------------
On October 8, 2004, the Registrant issued 500,000,000 shares of its
restricted common stock to Edward Schwalb, the President and sole director of
the Registrant. The Registrant issued these shares as part of Mr. Schwalb's
employment agreement with the Registrant that enables Mr. Schwalb to maintain a
70% ownership in the Registrant. Mr. Schwalb has waived this clause in his
employment contract but accepted this issuance to raise his total ownership in
the Registrant to 20.30%. The issuance of the 500,000,000 shares to Edward
Schwalb represents 19.17% of the total shares outstanding of the Registrant as
of October 8, 2004.
On October 8, 2004, the Registrant issued 150,000,000 shares of its
restricted common stock to Eric Schwalb, an employee of the Registrant and
brother of the President of the Registrant. The stock was issued as a bonus and
in lieu of cash pay due to Eric Schwalb. The issuance of the 150,000,000 shares
to Eric Schwalb represents 5.75% of the total shares outstanding of the
Registrant as of October 8, 2004.
On October 8, 2004, the Registrant issued 150,000,000 shares of its
restricted common stock to Lore Hayes, an employee of the Registrant. The stock
was issued as a bonus and in lieu of cash pay due to Lore Hayes. The issuance of
the 150,000,000 shares to Lore Hayes represents 5.75% of the total shares
outstanding of the Registrant as of October 8, 2004.
On October 8, 2004, the Registrant issued 150,000,000 shares of its
restricted common stock to Kelly Gates, an employee of the Registrant. The stock
was issued as a bonus and in lieu of cash pay due to Kelly Gates. The issuance
of the 150,000,000 shares to Kelly Gates represents 5.75% of the total shares
outstanding of the Registrant as of October 8, 2004.
On October 8, 2004, the Registrant issued 150,000,000 shares of its
restricted common stock to Stuart Schwalb, the father of the President of the
Registrant, for consulting services rendered to the Registrant. The stock was
issued as a bonus and in lieu of cash pay due to Stuart Schwalb. The issuance of
the 150,000,000 shares to Stuart Schwalb represents 5.75% of the total shares
outstanding of the Registrant as of October 8, 2004.
After the issuance referenced above, the total number of shares
outstanding of the Registrant as of October 15, 2004 was 2,733,898,937.
Item 8.01 Other Events.
------------
On October 14, 2004, the Registrant approved a one thousand for one
reverse stock split on its $0.001 par value common stock. The reverse stock
split applies to shareholders of record on October 15, 2004 and will be
effective on October 25, 2004. After the reverse stock split, the Registrant
will have approximately 2,733,899 shares outstanding.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Dated: October 20, 2004 GFY Foods, Inc.
By: /s/ Ed Schwalb
----------------------
Name: Ed Schwalb
Title: President
check out the volume spikes... something is rumbling from deep below.... haa ahaaaaaaaaaa
real
.19 cents.... haaaa ED what are you doing.... death spiral financing? When is the SEC going to step in on this one. Or are you into the fine art of Chapter 11?
real
.36 cents and falling... LOL
ED what were ya thinking?
well I am down to .86 cents here...
real
Hello Frankie! As for GFYI I think we
are going to see another reverse split.
1 for 200 and it will be like the last one
as long as he can continue to get by with
r/s he will continue doing so. I think
Chap 11 is out of the question. Why should
he when he can continue to pump and dump.
Have you noticed that ed has not put out
pr in months. How many people will ed take
down before he gets stopped for his unethical
practices. He is a crook, make no mistake
about it. I would think that hundreds have
lost a lot of money as I have and many more
will continue to lose $$$. The SEC has yet
to answer my inquiry concerning ed's practices.
I'll send them another request. This thief has to
be stopped before he hurts more people.
tone down the language.... IHMATT shows up at the oddest times.
real
my goal is to not be a basher, but to warn people against this stock...same with GWAD...both are run by scumbags.
GFYI has officially fell into an abyss.... lurking the depths. What to do ED? What to do.... chapter 11? start a new company.... herd sheep?
real
simma simma simma downnnnn naa ;) don't get you panties too bunched up...it hurts the little swimmers.... and does you no good. Yes I agree it seems a bit far fetched that he draw that kind of salary and the deals he makes seems to not benifit the company..... he is also teh consultant... well he should fire himself. LOL
real
Frankie........I know a regional manager
of 30 restaurant franchises, and he makes
10K per month. ed schwalb has 3 juice bars
and a lot of b/s and gives himself 25K p/m.
The manager of the Greek Restaurant, making
15K per month is absurd. Does'nt matter to
schwalb because he is paying off everyone with
other peoples money. Can anyone beleive that
a greek restaurant in Podunk Michigan generate
that kind of income to be able to pay all the
overhead and then 15K to the manager. Impossible!
Its pump and dump all over again. How many people
will schwalb hurt this time. How many lies will he
spread and how much will he steal? He is nothing
but a crook hidding in the pinks waiting for his
prey. He is a SCUMBAG!!!
I got in when it was trading in the 1 Billion
range. Day traders were having a lot of fun with it.
Did you see Friday's volume? It was at 200 shares
at 12 noon. I hope this S.O.B. rots in hell where
he belongs. He has managed to hurt a lot of people
and he is continuing his carnage. I honestly beleive
that his is truly a SCUMBAG. A man without a conscience
is never to be trusted or befriended, because his greed
is his GOD.
I wonder if the managers salary is actual cash or if it is combined with stock options.
These guys do make incredible monthly salaries...
real
my stock is worth about $15 and change...appears everything he is doing is legal, he is just playing on the greed of penny investors. $450K may be a legitimate cost for the restaurant, but the 15K a month for a managers salary isn't. Looks like he has managed to run this think into the ground thought...it used to be one of the largest volume movers on the penny board.
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