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That's up $50m. And the last tweet said: "Management hasn’t diluted any stock."
Well...385k sq.f. Buildings are expensive. Someone has to pay for it. And that's where shareholders come in!
Proof 8 Mile is diluting!! Ouch.
Outstanding Shares
1,053,598,538
01/24/2022
Just as expected. How else is he going to pay for stuff? Shareholders (bagholders) rejoice!!
thot they'd atleast dilute a $trillion for a complex of that magnetude,,
Every thing they say is lie never trust them imo
Go 8 Mile! Give it to 'em!
lol
$IFAN Shareholder Update:
Management hasn’t diluted any stock. Upon acquisition of IFAN, debt note holders were in the books. Managements goal is to bring the best opportunities to its shareholders. We’re developing timelines for our first shareholders meeting forthcoming.
$IFAN Shareholder Update:
— Palantir Bioceuticals Inc (@IFAN_Financial) January 22, 2022
Management hasn’t diluted any stock. Upon acquisition of IFAN, debt note holders were in the books. Managements goal is to bring the best opportunities to its shareholders. We’re developing timelines for our first shareholders meeting forthcoming.
You can’t make this stuff up. Larry Williams is a complete idiot. The only thing I can reason with is perhaps he didn’t see the SP and what happened yesterday’s trading session did……and was busy making a Big Deal happen and he had a great day.
But that is also almost unbelievable. What new owner of a Public ticker doesn’t watch what his stock price does daily?
PAUL was sitting at 005 for 2 past weeks
The attorney’s info was changed to Detroit yesterday
PAUL was given instructions to move down and whack the BID
This guy is a complete moron.
That's pretty much the last thing someone invested in this would want to read from new "management" after this thing has been in a tailspin. He would've been better off not posting at all. The mission of for-profit companies, first and foremost, is to maximize shareholder value. Wtf is this guy thinking?
Is that 2nd apology coming anytime soon? Or tail tucked, and hiding?
Too much insult on Twitter for ifan their next home is jail imo
The latest tweet from 8 Mile is such a joke. Laughing at investors now.
$IFAN Today was a good day!!! We’re on our way. Stay tuned.
$IFAN Today was a good day!!! We’re on our way. Stay tuned. pic.twitter.com/NLEp88tYTI
— Palantir Bioceuticals Inc (@IFAN_Financial) January 21, 2022
These croock doing heavy dillution imo
TIMBERRRRRRRRRRRRRRRRRRR!!!!!!!!!!!!!!!!!!
BTW, OTCM company profile was updated to remove Carey Cooley, and updated the lawyers. Notice the CEO's name stayed the same! lol...guess what that means???
Also, shareholders (bagholders) are going to have a long painful spring and summer: "The company is being restructured and the new business plan is expected to be launched during the second half of 2022."
Larry J Williams II
President, CEO, Treasurer, Secretary
Patience. It's going down.
The only seller moving into place is now PAUL. Retail is holding
your in your glorry here, and btw way just have an LOI on a 380kS commercial building, ...from the onslaught .... diversions ,,
What the F are you even talking about. LOL.
It’s already dropped from the 8 mile news. Old news. Been accumulating since the drop to 002
It's 8 Mile Larry and his gang of 7 Mile post office lawyers!!
weeeeeeeeeeee
This stuff is just weirder than fiction!!
This "company" has already failed before even starting.
Bagholders...get ready for a nice drop tomorrow!!
Wow.
And I told you so....YET AGAIN.
Oh look, an update on OTCM.
Detroit Legal Associates, PC
14461 E. Seven Mile Road
Detroit, MI 48205
https://www.otcmarkets.com/stock/IFAN/profile
What could this possibly mean??
lol
He hasn't bought anything. Do you not understand what a LOI is? And how often do LOIs fall through in OTC land? Lots. Many.
Besides, even if this somehow does go through, we have no idea what the details of the agreement are. How many millions of shares are going to be given in exchange for the building? How much dilution is going to pay of this over time? The details are going to be very interesting. But I suspect by that time, shareholders will be in a far deeper world of pain before ever knowing this.
We know that there was heavy dilution after Larry took over this ticker. So, he may have already raised some of the capital. We have to wait for the next financial to find out how this is getting paid for, if in fact the deal is ever done.
Buying real estate? Really? That's the business? I don't see much future here, at all. Poor shareholders.
So, a real estate agent who generally buys, sells and repairs $90,000 homes in Detroit somehow bought a modern, 385,000 sq ft commercial building, likely worth tens of millions to over a hundred million dollars?
You’re obviously wrong. Why don’t you just not buy the stock?
It's a dangerous game of chicken here between shareholders and the deceptive, secretive, ghost-like figure of the CEO "Larry Williams". If it were not for Cooley updating the OTCM with Larry J Williams II, most shareholders would probably be better off. This degree of detail in the updating of the new owner of IFAN on the OTCM has really put a nail in the coffin for 8 Mile Larry. One has to wonder if this was some sort of backhanded way for SSM/Krisa/Cooley to damage the stock after the deal was done. We don't know the details, but how SSM/Krisa/Cooley distanced themselves from this ticker after the sale, and would no longer comment on it, speaks volumes. Although Larry still refuses to identify himself completely to the shareholders, the damage has already been done. How much longer is he going to obfuscate the truth and allow shareholders to devise conspiracy theories as to his true identity? Is that the way to gain shareholder confidence? Is that the characteristics of an upstanding company with real revenue to bring into the ticker?
The news release of Jan. 7, 2022 pretty much sealed his identity. It's just too much of a coincidence that the Larry Williams of Paramount Realty, who also owns a construction company, is described exactly that way in the article:
"I look forward to adding value to IFAN as we move forward in the days to come. I'm sure the shareholders will be pleased as we embark on a new company direction," commented Larry Williams, newly appointed CEO. The spokesperson added that "we now have a very capable CEO in the form of Larry Williams, who has many years of experience in the real estate and construction markets."
https://www.newsfilecorp.com/release/109342
Bagholders better pray that Larry doesn't reveal himself, ever. Otherwise, we all know what is going to happen at that point. The confidence has already been lost, but the worst outcome is yet to come. Get ready for another 50% drop.
Once retail sellers get out of the way..... We can get back to .005 where PAUL is waiting. Stupid to sell down here
The fallout from 8 Mile Larry's attempt to run a public company will be devastating. Bagholders ignored all the warning signs first time around. And they still haven't learned? Leaves me speechless.
None the less this security has great share structure, lets stay positive and see what happens, enough with the negative FUD it's not necessary.
I wish we could do a thumbs up with these posts
AAPT has been using their old corporate name for months in all of their tweets.
Honestly, no one cares except you. As long as they keep buying 385k sq ft buildings they can use a baboon’s ass as their logo and I’ll still invest with them.
Go to the last IFAN PR and click on the email at the bottom, it auto-fills aaptmerger email address. Click on link below and it takes to the AAPT news announcement. Whats up here?
https://www.stocktitan.net/news/AAPT/all-american-pet-company-announces-loi-to-acquire-200-million-tech-rjk29zl2n51h.html
Worst decision ever.
Let’s get facts straight…..Cooley dumped the shares into the old note holders hands from the Treasury Reserves. Then he held financials back so we would not know.
IFAN became Pink Limited with a Yeild sign and trading could still take place for the note holders to continuously dump.
Cooley states that "IFAN has been sold" and we were all confused as to why he went this route instead of RM.
Cooley is and was the problem here.
Larry Williams is just somebody who wanted a public company. For what reasons than to buy Real Estate?
Don’t know yet….
Holding and Waiting
I can't believe Cooley, Kareem and Larry Williams dumped so many shares into the market that this dropped all the way from 5 cents.
Looks like that last tweet is going over well. NOT. Come on peeps, think. What REAL company with any REAL revenue hides behind an old IFAN logo twitter account?
If there was anything of real value here we would have known this by now.
Sorry, but the bagholders are all screwed.
What’s the typical otc formula?: small or one man management team, pump the hell out of it, issue convertible preferred shares to owners/seed investors, dilute commons to hell, reverse split, convert preferred to sell, run away with $$$$$$ and leave the bag holders….?
Unless Mark Anderson is part of the "management team", it's a one man show. Such bullshit he likes to Tweet. Why doesn't he introduce the shareholders to this "management team". Heck, why doesn't he actually come out and confirm his identity??
Well, read those reply tweets to his tweet. He's heard it all
I would have preferred the magic mushroom
Bet they were accumulating during the avalanche,,
LOL. This is laughable. So, 8 Mile Larry likes to draw? Cool. New logo, but what about a change of name with FINRA? What about what the company actually is? What about stop all the secrecy and out with it??
I still see absolutely nothing here. A one man show. Only a Mark Anderson has now been identified as being in cahoots with 8 Mile Larry.
Seems he has been reading all the criticism about hiding behind the old IFAN logo. Now let's see him step up and end the criticism about who he actually is.
If this "Larry Williams" had nothing to do with 8 Mile, he would have revealed himself long ago. He knows the stock is tanking because of his identity, so it makes perfect sense to continue to hide.
"Our management team is working on the new logo."
The so-called dilution was called out in the filing, it was to close out an old note holder I believe so for people to call it out here as a surprise finding is laughable
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