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Funny alot of praise last Q when GP was $343,146 and this WAS THE KICKOFF TO GREATNESS
NOW a Q later its down to $108,730 and only 4 customers ?????????????????
THEY spent $247,170 on MARKETING..( $80k a month to promote scam )
spent 2x GP on marketing and TRUTH prevails
NOW PIVOT to fire Insurance...$4 million in the hole already
RALSTON with another failed scam, last one was MWWC crytpo scam
$GEVI Well no dumping here and nice accumulation.
Too funny, can't respond to the dismal financials and gigantic liabilities or the conversion debts of another 50m common plus the 1.3 default loan....just try to spin it on me LMFAO
SCAM is on way down and Conman be gone onto next....FIRE INSURANCE ???
I am kinda surprised no NEWS as they can hype against same period last year as had squat so could hype increase in revs etc BUT ALL SMOKE N MIRRORS to those that understand financials.
Company be bankrupt if didn't bleed out pfd C shares to suckers to raise $$
$GEVI No selling here so got to love that. Multiple dollars coming soon with patients.
They hired someone to find them money LMFAO
On April 22, 2024, the Company entered into an advisory and consulting agreement for a period of 12 months with monthly fees of $14,500, success fees of 4.5% of the total value of any non-financing contract, finder fees of 4.5% of total value of the financing transactions (payable to the Company’s broker-dealer) and share compensation of 250,000 shares of common stock upon signing the agreement, recorded as common stock to be issued.
Gross profit was $108,730 ...down from the $343,146 jan/march Q)
THEY spent $247,170 on MARKETING..( $80k a month to promote scam )
G&A $199,459 a quarter so who's filling their pockets, joshua is only management lol
Conboy barely making any royalties and still only 4 million converted shares..SO HE READY TO WALK !!
MFB website DOESN'T even mention or link to a GEVI investor relations page ot OTC link????
COMPANY now PIVOTING to fire Insurance LMFAO...NEXT SCAM IN PROGRESS
Unaudited Q is out ?
Its happening, the fall of Conman and his scam
SO much for MFB being bought in preparation of this fire season.. OH right, its not certified for forest fire use
SALES are for LUMBER
We have not generated positive cash flows from operating activities. For the six months ended June 30, 2024, net cash flows used in operating activities consisted of a net loss of $4.4 million, reduced by stock-based compensation of $2.8 million , loss on settlement of debt of $882,000
Q1 revs $ 433,018 with Gross profit $343,146
Q2 revs $ 198,669 with Gross profit $108,730
6 month total liabilities $ - $ 2,397,619
PLUS As of June 30, 2024, due to related parties of $1.3 million , advances of $695,000 , and operating lease liability-current portion of $84,000 .
THEY LOST 25% of their clients..so now have 4 customers ???
6 USA agent---9 countries--- LMFAO
Issued is
36,387,315
WITH convertible debt converted to common / diluted issued would be
86,996,843
The Company has incurred losses since inception and has a net loss of $4,427,114 on $631,687 of revenues for the six months ended June 30, 2024 and has a working capital deficiency of $695,357 as of June 30, 2024.
In addition, the Company has been dependent on related parties to fund operations and has an amount owing to related parties of $1,251,257 outstanding at June 30, 2024. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the consolidated financial statements are issued.
F $ 214,950 $ - 250,000 shares of common stock issued for advisory fee Professional fees - related party
G $ 429,900 $ - 500,000 shares of common stock issued for advisory fee Professional fees - related party
H $ 128,970 $ - 150,000 shares of common stock issued for advisory fee Professional fees - related party
I $ 214,950 $ - 250,000 shares of common stock issued for advisory fee Professional fees - related party
J $ 348,000 $ - 20,000 shares of Series C preferred stock for advisory fee Professional fees - related party
K $ 85,980 $ - 100,000 shares of common stock issued for advisory fee Professional fees - related party
Note 13 – Subsequent Events
During July and August 2024, the Company issued senior convertible notes (together, the “Convertible Notes”). The Convertible Notes bear interest at an annualized rate of 10%. The Convertible Notes mature twelve (12) months after the original issue date of the Convertible Notes, whereupon all outstanding principal and accrued interest is due to the holders of the Convertible ·
The Company issued convertible notes and warrant, in July and August 2024 for $1,171,000, of which $695,000 was advanced on or before June 30, 2024 (Note 9)
Note 9 – Advances for Convertible Notes to be Issued During the six months ended June 30, 2024, the Company obtained $695,000 from eleven (11) lenders in cash for issuance of convertible promissory notes and warrants. As of June 30, 2024, the Company has not issued convertible promissory notes and warrants agreements, and all of the funds would have been returned if a certain threshold of investment had not been achieved
$GEVI Trading nice and holding over .60
$GEVI Nice and steady move up in price. Should see .80 again here soon
$GEVI This is trading well consistently. Share are held very tight.
Extension filed.
It's almost time for Conboy to blow this all up. He doesn't own his company but runs it like a private entity. MfB web site doesn't have any OTC info links, stock info???
He's not able to dump stock and probably not making much if anything in Royalties so he bolts from partnerships and all monies wasted and shareholders, investors screwed.
It will happen or SEC gets to the scam before hand.
Now GEVI has made pivot into fire Insurance LOL
$GEVI Well we took out the .60's on the ask and looks thin!
$GEVI Got to love the way this one trades.
$GEVI Looks thin to .80 cents.
$GEVI So what about 99% file late but it’s actually on time.
Q due today but expect a 5 day extension as this $20m marketcap surely has massive fire sales so need extra time for audits
20m market cap company and DOESN'T even have a verified profile on OTC....the SCAM is starting to smoke even more
1 man management company... the son of the "investor"...sounds legit LOL
Both failed crypto scam at MWWC and now here.... little DD unearths a lot of truthes
WAITING for Q to serve up a ton of crow and eat with steal forks !
$GEVI Once again very good bid support.
$GEVI Why would you even show up on this board? The way this traded last week it looks like beast mode. You think you can come here and discreet it just because he got fired by Conboy years ago. Grow up little child.
One would think a $20m market cap company would file Company material events and proper disclosures....problem is ya cant run a SCAM filing disclosures LOL
Filings and Disclosure
OTC Disclosure & News
The company has not provided financial reports or other disclosures to OTC Markets Group.
Conboy thinks pumping out misleading info on X will keep scam going
The truth in financials will bring him to his knees soon enough. For all the Veterans he screwed at ECOB he deserves to be jailed with this latest product scam...from fighting forest fires to now spraying a couple millionaire's homes and the side ditches in San Diego...MISLEADING investors is Conman forte...he looks ill in the videos, maybe the higher up is punishing him ?
Q probably delayed this week BECAUSE the company needs to file amendments to others as they used a crooked auditor Borges for their past filings...probably another best bud of Conman and Ralston scammers
SEC probably investigating the misleading investor information company has posted prior aswell.
No forest fire testing as claimed before, NO national rollout and list goes on lol
On May 3, 2024 (the “Order Date”), BF Borgers CPA PC and Benjamin F. Borgers, CPA (collectively, “Borgers”) was suspended from appearing or practicing before the Securities Exchange Commission (“SEC”).By letter to the Company dated May 9, 2024, the SEC informed the Company that it could not include audit reports or consents from Borgers in filings with the SEC on or after the Order Date. Furthermore, the SEC informed the Company that to the extent Borgers audited any portion of the financial statements required to be included in filings with the SEC on or after the Order Date, that the Company obtain a re-audit from a firm authorized to appear and practice before the SEC
$GEVI Another good day here with 47K shares traded. Locked up float here. $$$$$
$GEVI Tight spread and trading well. Thin on the ask and should see this one back over .80
$GEVI Nice volume
The Park Fire near Chico, California, has become a significant concern. It has burned over 390,000 acres
FACT...not 1 drop of MFB 31 as NOT certified for forest fires....
now company is getting into INSURANCE BUSINESS...??????
next scam starting as fire game fizzled out?
$GEVI We will see .80 here again soon. It always comes back up over .80 after a pull back.
$GEVI This always shows volume and that’s a very good positive. I hope to see an uplist some day. Just my opinion
The best product for indoor use by far!!!!
$GEVI One little surge of buying and we our back to 80+ cents.
Great product for Christmas Trees!!!!
$GEVI what I do know is the volume is very good and the stock trades. I like my position here and they have a great future ahead in my opinion.
$GEVI Call the company and stop asking me questions. I can’t answer just to make it look bad. I am a shareholder, not an insider.
So you can't SHARE your opinion on his questions? Seemed no issues in making comments on my opinions
So a new potential investors asks questions and YOU being a big supporter surely could enlighten him
my answers were simple.. its a scam
so giving YOU the platform to actually answer his questions and promote the company????
NOW i know WHY you can't or won't...because you know its a scam aswell.... lmfao
HERE was his post, please enlighten him
With all of these wildfires burning on the West Coast now, why is this company being silent about their product?
Why are they not promoting themselves and the product at this opportune moment?
What is holding them back from moving forward at this point in time?
What is the next catalyst?
Makes no sense that they are sitting on the sidelines during an opportunistic moment in time.
$GEVI all I can say is the volume speaks loud. The stock trades and trades well.
$GEVI I am not an officer of the company and or an insider. This kind of question you need to ask the company and quit referring to me as if I know every move the company is going to make. The next time it should be deleted.
Steal, Craig is new here and has VALID questions so best a "supporter" HELP him IF YOU CAN...he only has a coulpe questions
WHY dont you answer him with your opinion ? CALLED board discussions
HERE was his post, please enlighten him
With all of these wildfires burning on the West Coast now, why is this company being silent about their product?
Why are they not promoting themselves and the product at this opportune moment?
What is holding them back from moving forward at this point in time?
What is the next catalyst?
Makes no sense that they are sitting on the sidelines during an opportunistic moment in time.
$GEVI Very good volume day.
$GEVI I am a shareholder you want. These kind of questions answered. Call the company. This is like the 15th time you directly asked me the stuff just to pull me down and look bad. You have no interest in this company other than to bash. I like my position here and I’m very patient. Big rewards come for the shareholders that are holding long and strong.
STEAL, WHY don't you ANSWER Craigs questions...Finally someone NEW and needs company info?
HERE was his post, please enlighten him
With all of these wildfires burning on the West Coast now, why is this company being silent about their product?
Why are they not promoting themselves and the product at this opportune moment?
What is holding them back from moving forward at this point in time?
What is the next catalyst?
Makes no sense that they are sitting on the sidelines during an opportunistic moment in time.
Pretty sure the entry point going to get a whole bunch “greater”, but thanks for the tip.
$GEVI This one will be back up in the .80 zone again. It always does after a dip. $$$$$
$GEVI Great entry price today and some are getting scooped up now.
$GEVI This stock trades unlike some.
SCAM ALERT!!! This is a huge SCAM!!!
Company is panicking and trying to switch things up last second!
Sirens are going off on this one!!!
Company hired Steven Conboy, irreputable con artist to bring in some sketchy product with no licensing. Now the company is realizing that the product is bad and have tabled their only big play? Now they are going to insurance sales??
This company is going through an identity crisis! How is it still .60 a share? This is a horrible price to get in on IMO!!
Steal, why are you NOT answering Craigs questions, could be a potential shareholder BUT the supporters can't seem to answer basic concerns
PLEASE answer him, love to see your response
HERE was his post, please enlighten him
With all of these wildfires burning on the West Coast now, why is this company being silent about their product?
Why are they not promoting themselves and the product at this opportune moment?
What is holding them back from moving forward at this point in time?
What is the next catalyst?
Makes no sense that they are sitting on the sidelines during an opportunistic moment in time.
WHY don't you ANSWER Craigs questions...or is he a basher?
HERE was his post, please enlighten him
With all of these wildfires burning on the West Coast now, why is this company being silent about their product?
Why are they not promoting themselves and the product at this opportune moment?
What is holding them back from moving forward at this point in time?
What is the next catalyst?
Makes no sense that they are sitting on the sidelines during an opportunistic moment in time.
$GEVI You don’t even follow or own this stock. This is a great entry price. $$$$$
Realistically why would anyone buy in to this when the SP is quite obviously heading for the basement?
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Moderators stealofadeal ITYS |
PER IHUB MGMT |
02-07-2021
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