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Global Fiber Technologies Inc. (GFTX)

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Last Post: 11/24/2020 2:04:04 PM - Followers: 277 - Board type: Free - Posts Today: 5



Global Fiber Technologies, Inc.(symbol change to 'GFTX' pending) is a holding company that specializes in fiber, textiles and apparel technologies through its subsidiaries. One subsidiary, Fiberchain, Inc., is developing a digital-based fiber exchange platform to facilitate buy/sell transactions of textile fibers on a global basis. In addition, the company is developing a portfolio of licensed as well as proprietary technologies and trade secrets that will bring cutting edge attributes and value added properties to the textile and apparel industries that will be branded as Eco Tek 360. We will be offering high tech apparel to the corporate, hotel, hospital, and military markets.
 

Recent Company News:

Maintained by Grant Lee
 

October 22, 2020
Bravado/ Universial Music and Authentic Heroes Ink Deal For YUNGBLUD Merchandise
https://finance.yahoo.com/news/bravado-universal-music-authentic-heroes-123000744.html

October 2, 2020
Textile World Magazine Article:
https://www.globenewswire.com/Tracker?data=sjjvoaroH_8LfFT9l1cfrafJ_J7fIEj4597uC5TV8j-J3CymFqo9P-WYgB1yy3bRx2VNHQBKiONOF26QsJFfZ86waZuTC-HUakfRLIubLH8OVjv3LCiZGmdbz3wV2Ttpu6KuQ06MOE3KTi_fUcNWUNON3FEwa9jnpuAq5CTtToc9wCLzMqI2L2xs1fzucURMXqV4UZKovGn_iop_8MTVtBIsJnNcL34IN1fB-RjKeDLPZ9ydbJGzhZcyS6uBIpHFW6E3W6J1vMjimmG9ACzCodSs0ttf9E3b6U49QExoQ264h0zTcmTcNB9D0T2O7HeIJy43B-Tb8Epfo84j9AA0RA==
 

September 09, 2020
Authentic Heroes Expects Strong Fourth Quarter Sales and First Quarter Profitability
Global Fiber Expects Potential Windfall From Cost Cutting and Consolidation

http://www.globenewswire.com/news-release/2020/09/09/2090952/0/en/Authentic-Heroes-Expects-Strong-Fourth-Quarter-Sales-And-First-Quarter-Profitability.html



April 20, 2020
Authentic Heroes Gears Up To Address Shortage In Protective Masks
Authentic Heroes To Supply Personal Protective Equipment To Front Line Service Providers
https://www.otcmarkets.com/stock/GFTX/news/story?e&id=1579476


 

April 22, 2020
Global Fiber Technologies, Inc., Gives Management Update
Company Comments On Operations And Its Status With Convertible Noteholders

https://www.otcmarkets.com/stock/GFTX/news/story?e&id=1581794



Subsidiaries:  ECO TEK 360,  AUTHENTIC HEROES,  FIBER CHAIN



 

WELCOME TO CORPORATE UNIFORMS 4.0

The Uniform market in just North America is over $15 billion in size consisting of annual production of over 75,000,000 uniforms at an average of $200 per uniform1

Our rejuvenation technology platform allows us to take corporate uniforms at the end of their useful life which would normally be headed for the landfill and now re-purpose them into new uniforms creating a true “360° circular economy”. 

With each pound of uniform material we re-purpose, we save over 700 gallons of precious water. 

Just 100,000 knit shirts would save over 70,000,000 gallons of water originally used in the creation of those uniforms.

According to a survey by Monster, 92% of entry level workers prefer to work for an environmentally friendly company.

Eco Tek 360’s patent pending green technology allows us to provide sustainable uniforms that your team will be proud to wear.





 

 

THE WORLDS FIRST BLOCK CHAIN DRIVEN GLOBAL FIBER TRADING PLATFORM

Today’s global textile fiber market is fragmented and inefficient


  • There is no real price discovery
    Buyers and sellers must find each other and then still work forward to negotiate the deal on price to start with and then the real work begins
    Cross border transaction can take up to 30 days to close due to the inefficiencies of the status quo and the laborious nature of accessing shipping, duties and other logistics schedules

INTRODUCING Fiber Chain, a global textile fiber exchange

  • Fast- saves you time
    Accurate-we specialize in one commodity- fiber. So we get it right.
    Secure- every company in our network is rated and accountable.
    Trusted- Fiberchain, Inc. Provides third party oversight and the block chain allows annonimity while maintaining immutability of the transactions.



 
 

 

Event Worn Reborn Nothing like this has ever been done before

The REBIRTH of collectible clothing.

Introducing a new, unique offering for the game and event worn collectors and fans everywhere! 

Our one of a kind patent pending process will allow us to take an icon's event worn garment from an athlete, musician or celebrity and process it to its original genesis fibers.

We then use those fibers to create a limited edition series of fan-wear.

Introducing a new, unique offering for the game and event worn collectors and fans everywhere! 

Authentic Heroes takes game and event worn collectibles to a whole new level. This is the rebirth of collectible wearable clothing. We first obtain a game or event worn garment directly from an icon, extract the fibers from that original one-of-a-kind item and then create a limited edition collectible series incorporating that fiber using our patent pending process. 

  

THE ATTRIBUTES OF AN AUTHENTIC HEROES PRODUCT

HAND CRAFTED
Authentic Heroes custom design and hand crafting process results in a product of exceptional quality.

VERIFIABLE

REGISTERED
Authentic Heroes offers a unique way for owners to register their product. 
Each product has an individual serial number captured in a QR code 
Your ownership is registered in a on-line vault 
Coming soon: your ownership will be recorded on the “Block Chain” 

COLLECTIBLE
We only make a handful of products for each Hero based on the limited amount of fiber we can extract from a item of clothing worn by them.



Authentic Heroes has created a proprietary method to extract the fibers from the original garment worn by a hero. We then blend the genesis fibers with virgin fibers to create a one of a kind limited edition collectable garment.

All the items in our collections will be highly unique yet amazingly affordable.

All our collectables will be authenticated and verified as being made from the original item worn by the hero through digitally encoding the fibers used in the process which is part of our patent pending technology.

This scientific verification is used during our hand crafting process which allows your collectable item to be registered and verified as being part of an exclusive and limited series and negating the problem of counterfeiting our products.



 

 December 18, 2019
Authentic Heroes Finalizes LICENSE AGREEMENT With Hall of Famer Warren Sapp  (https://www.otcmarkets.com/stock/GFTX/news/Authentic-Heroes-Finalizes-LICENSE-AGREEMENT-With-Hall-of-Famer-Warren-Sapp?id=249625)




January 21, 2020 
Brett Favre Limited Edition Jerseys to Debut in early March and Authentic Heroes Brett Favre Contest Winners  (https://www.otcmarkets.com/stock/GFTX/news/story?e&id=1514737)




 

Global Fiber Technologies, Inc. (OTCQB: GFTX) is a technology company that is in the process of creating fundamental change in three distinct areas of the textile fiber industry.
We will accomplish this by utilizing a group of highly proprietary technologies and trade secrets in the both the brick and mortar and digital arenas.
The foundation of the Company is its technology stacks which will begin to turn into significant sales opportunities in 2020 and beyond.
Our opportunities in the fiber industry exist in the three areas of authentication, rejuvenation and facilitation.

 

Authentication, Rejuvenation and Facilitation

Authentication
We have successfully run a proof of concept test market. The results of our test market demonstrated the potential to create a new, large market segment for collectible clothing by taking an original event worn garment and turning it into a series of authenticated fan-wear. https://authenticheroes.com/
Rejuvenation
We have developed patent pending technology and trade secrets that allow us to offer a truly sustainable solution for corporate uniforms. Our approach allows companies to reduce their carbon footprints by re-purposing their corporate uniforms at the end of their useful life instead of disposing of them by landfill or incineration.
Facilitation
We are in the final stages of completing a block chain based platform that will be the first of its kind for the global, highly efficient and trustworthy purchase and sale of textile fibers on our exchange platform.
 
Going forward Global Fiber Technologies is committed to becoming the de-facto standard in the industries in which it serves. We will continue to develop our technology portfolio either internally or through the collaboration or acquisition of technology in order to deliver and preserve maximum shareholder value to our investors in 2019 and into the future.



www.globalfibertechnologies.com

 
VIDEO LINKS
 
https://youtu.be/a9ejjWaHcJ0?t=5       EcoTek 360
 
https://youtu.be/vQAwxQ6SJvA?t=4     Authentic Heroes
 
https://youtu.be/CdcPdUloUxU?t=4      Fiber Chain


 


 

 
Share Structure
 
Outstanding 1,251,239,584
Authorized 2.5 B
 

 


GFTX Ongoing Dilution since February 28, 2020:

O/S 122,900,716 as of 02/28/2020 

O/S 163,424,246 as of 03/06/2020 

O/S 332,110,232 as of 03/20/2020 

O/S 456,575,514 as of 03/27/2020 

O/S 910,980,208 as of 04/28/2020

O/S 1,251,239,584 as of 07/07/2020

O/S 1,251,239,584 as of 09/23/2020
 

Company Comments On Its Status With Convertible Noteholders

 

"The Company has spent several weeks negotiating with a group of eight convertible noteholders to mitigate the situation in a manner that allows the company to ultimately pay off the convertible notes while alleviating the pressure on the common equity.

We are now in the final stages of working out a mutually suitable arrangement for a leak-out agreement which we feel will allow a more efficient market for the Company’s common stock as conversions
occur. We expect to have all of the agreements finalized in the coming days.

The Company is also looking at the option of consolidating all of the convertible notes into one note which will allow only a single conversion to occur at any given time instead of several at the same time

We hope this describes our current state of operations clearly and we look forward to keeping our shareholders apprised as we progress with operations and with our convertible noteholders."




 
GFTX Fun-Fact: President Trump may Own Shares in it.



 
 
Here is President Trump's most recent financial disclosure form: http://pfds.opensecrets.org/N00023864_2018.pdf





If you go to Pg. 34, and look at last line:

This disclosure form is from May 2018, and the company changed names 5-2019 from ECO TEK 360 to it's current name.  

Don't know how much this helps the company fundamentals lol but thought you all might find this interesting. Pretty cool to know we may own shares in the same company as the POTUS--not many pink sheet investors can say that!


 

iLovestocks85's $GFTX Analysis

https://www.tradingview.com/chart/GFTX/sYmMomlM-GFTX-BEGINNING-OF-A-STRONG-UPTREND/
 
 

 

GFTX
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Volume:
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GFTX News: Statement of Ownership (sc 13g) 10/16/2020 12:41:28 PM
GFTX News: Current Report Filing (8-k) 06/22/2020 12:28:46 PM
PostSubject
#27708  Sticky Note MANAGEMENT UPDATE https://finance.yahoo.com/news/global-fiber-technologies-inc- G Ford 11/16/20 09:32:04 AM
#27549  Sticky Note I just had a hour long conversation with jahyde 10/30/20 12:16:37 PM
#27494  Sticky Note **** VERY IMPORTANT ***** Herzogtech 10/28/20 05:56:26 PM
#26932  Sticky Note $GFTX - 30 BAGGER RUNNER IN THE MAKING ilovestocks85 10/07/20 01:40:02 PM
#27814   Disclosure and accounting will drive the boogeyman away! G Ford 11/24/20 02:04:04 PM
#27813   I strongly believe there'll be another run before headnorthw 11/24/20 10:58:07 AM
#27812   bought more at 0.0013. Like you, I headnorthw 11/24/20 10:51:12 AM
#27811   This is a "penny stock" and as such KISSINGER 11/24/20 09:35:24 AM
#27810   what a great day for us...since last PR 12ka 11/24/20 07:29:00 AM
#27809   nice .0012 and .0013 added more reggabnet 11/23/20 11:17:03 AM
#27808   Good Morning Fiber-Heads !!! LetsGoMakeIt 11/23/20 09:43:19 AM
#27807   This Kraken? okavango 11/23/20 12:36:36 AM
#27805   I suppose you're referring to 2019 financials? okavango 11/22/20 09:15:55 PM
#27804   In 2021, GFTX will release the kraken. G Ford 11/22/20 07:45:24 PM
#27803   Convinced by what? Show us something. okavango 11/22/20 03:49:44 PM
#27802   Yes sir, my fellow fiber head!!! Online courses G Ford 11/22/20 09:38:10 AM
#27801   G Ford. GFTX it's going to be super KISSINGER 11/22/20 08:24:49 AM
#27798   What did it cost? okavango 11/21/20 06:46:24 PM
#27797   How is signing yungblud a promise... G Ford 11/21/20 06:37:04 PM
#27796   How? All we have is PR. okavango 11/21/20 06:16:02 PM
#27795   I do my due diligence. G Ford 11/21/20 06:11:21 PM
#27794   How could you possibly know? okavango 11/21/20 05:54:09 PM
#27793   I am officially launching the GRASSROOTS FIBER HEAD G Ford 11/21/20 05:08:46 PM
#27792   A message to all my fiber heads. 1) G Ford 11/21/20 05:05:58 PM
#27790   I strongly believe not a single long term Herzogtech 11/21/20 02:27:53 PM
#27789   trips next week get your bids in I 12ka 11/21/20 05:48:41 AM
#27788   Great weekends to ALL fiber heads! G Ford 11/20/20 07:14:02 PM
#27787   LOL another $1 paint-on-close okavango 11/20/20 04:32:31 PM
#27786   Probably why folks are waiting okavango 11/20/20 03:18:49 PM
#27785   Wow, Thing is, I was only trying to work-n-hard 11/20/20 01:56:36 PM
#27784   Revenue increase goes back into an operating budget KISSINGER 11/20/20 01:49:49 PM
#27783   Okay, Thanks, No Revenue increase would ever speed work-n-hard 11/20/20 12:40:44 PM
#27782   Has nothing to do with revenue. They are KISSINGER 11/20/20 12:38:45 PM
#27781   Traders, traders...hot field, hot volumes, and short term. headnorthw 11/20/20 11:56:27 AM
#27780   I didn't make that distinction about one or work-n-hard 11/20/20 11:37:24 AM
#27779   Never bought. Was liking it when I first work-n-hard 11/20/20 11:36:03 AM
#27778   Well would you prefer they not work on KISSINGER 11/20/20 11:35:51 AM
#27777   You sold, right? headnorthw 11/20/20 11:28:28 AM
#27776   Just saw the PR about the filings. Hate work-n-hard 11/20/20 11:20:14 AM
#27775   Both 13G people are very friendly to the KISSINGER 11/20/20 09:57:21 AM
#27772   FIBERHEADS Things looking very promising with Social Media KISSINGER 11/20/20 09:23:07 AM
#27769   got filled easily wonder who has shares to 12ka 11/20/20 08:21:36 AM
#27758   GFTX latest financials! Here they are: okavango 11/19/20 07:16:47 PM
#27752   10 million chairs bid at 14? Smells like KISSINGER 11/19/20 12:16:45 PM
#27749   Everything you pointed out was mitigated by Management's KISSINGER 11/19/20 07:26:15 AM
#27747   At .0002, I was telling people that this G Ford 11/19/20 07:18:21 AM
#27746   The "approximate timelines" have stretched way-out unfortunately okavango 11/19/20 07:02:32 AM
#27745   Outstanding updates indeed and imho really happy to Herzogtech 11/19/20 01:13:32 AM
#27744   This is amazing. Thank you for sharing. Very Sunnygthe1st 11/19/20 01:06:19 AM
#27743   Wow thank you! H - Got your PM G Ford 11/18/20 09:42:49 PM
#27742   Looking forward to Yungblud’s video! Herzogtech 11/18/20 09:13:25 PM
#27741   Go buy some you're not buying it down KISSINGER 11/18/20 08:42:45 AM
#27740   Will any of the three disclose financial position? Or okavango 11/18/20 07:59:54 AM
#27739   Hey it's possible we could own three stocks KISSINGER 11/18/20 07:30:07 AM
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