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Or higher... never know with this beast on a Monday Madness Morning.
Correct, that is how I read it but it doesn't mean they will never have one. The way they have this set up in China that customers gets chips that can be turned into shares so they are going to need a lot of share to run that program so I'm thinking if this runs up up into the higher dollars They might have to do a forward split that would bring the share cost down but also gives them more shares to deal with their program...
Another fantastic call by 🤡 🐦⬛
Lol
>>Stick another fork in IGPK>>
Agreed. Sounds like they're not anticipating an RS in the near term, based off of this Annual Report.
Doesn't mean they will never have one but its state they are not anticipating in the near future...
Busy at IHOP for mothers day for the wife and at the gym......what news.
Hey bud how ya been !!! Long time no see !!!
News came out today. Where ya been?
It doesn’t say that liar
On financial watch starting now.
Hahaha !!! Crowin’s little brother showed up !!! Hilarious you are both Janice Shells little minions !!! Bash repeat Bash repeat !!! Did you not get in before the run AGAIN !!!
$IGPK !!!!!!!!!!!
Been a great one. Got the weed barrier down in the green house today. A lot of tilling rock removal and racking. Have water running to it now also. The snow destroyed my last one so had to build back better. 2 years behind on it from where I wanted to be this year from when I moved here. Got a lot of produce already sprouting. Hope to have heat in it by winter. Got my pot started looking good I might add, about a foot tall right now. You got a baby in the oven yet?
😂 $0 assets 🤣 Fantasy Billion $ company
still berrrrrrry cheap
probably open at .02 ⛳️
Missed you at .0030/.0032 after the bs drop.
😀
$IGPK
No one here or anywhere on X is talking about an R/S except for a few here and I'm thinking they are fishing for cheap shares.. Trust me guys, If you want to buy tomorrow and looking for cheap shares then tomorrow share price are going to be the cheapest on this beast. And I have mentioned before that if you want some shares you better put an order in higher than the ASK if it looks like its going into Launching Mode..
Bulls, congrats to everyone. Please put the bears on ignore. They know they are fu**ed. Dark/defunct will come down soon. Yield sign will come down shortly as well. Likely the full company moving into the ticker. There can’t be a r/s until after ticker and name change. That can’t happen until after they become fully compliant with SEC filings (before they switched to being an alternate filer). We’re months away from it even being a consideration at this point.
Celebrate with the moms in your life, and cheers to what we’re about to achieve. It started today, and tomorrow you’ll begin to reap the benefits for being patient and blocking out the noise. CHEERS!!!!
If you can do it then by all means do it. I was younger when I decided to quit the rat race and never looked back.
I may quit my job after $IGPK puts me in another tax bracket
I'm siding with you on this. We still may see one eventually but there isn't one planned right now.
The fins are pretty clear.. if its not on the table and not mentioned in the Fins then why would they have to be specific about it.. Doesn't mean they will never have one but its state they are not anticipating in the near future...
If there is a R/S it would show in the Q1 fins. It’s still likely hsppening
Still wonder if RS would be nice to hear no rs planned
First quarter fins
What does Q1 covers? Jan1-March 31, 2024.
RM took effect as of Jan 1st!
Expect then JFH financials to be consolidated with.
Accounting 101.
Not agreeing with this statement, but won’t the Q1 financials prove this debate one way or the other? What do you think the Q1 fins are going to show? They can’t claim the real income of a real Chinese multi billion dollar company if it’s not actually been merged in here. Why wouldn’t the real company have spoken up by now, after months and months of this, if it wasn’t really them and just some otc scam?
$IGPK / JunFengHuang has done, so far, everything they said they would do. They don't put out fluff PR to satisfy the need for .0001+ tick movement up. Bashers know how impatient people can be in the OTC, and are playing on that. Bashers say scam, but have not provided any proof of evidence to say otherwise. Additionally, they don't know anymore than anyone else does. All the DD is online and on their OTCM profile page. https://www.otcmarkets.com/stock/IGPK/disclosure
Isn’t your account under review?
Hope it’s a good one!
LOL! They acquired a Chinese LLC based in Canada? Where's the multi-billion dollar company? What a scam...
Here's a clue: multi-billion dollar companies don't behave this way, merging into scammy stinky pink shells, handing over the ownership to the con artist pumpers, and dropping financial reports on a Sunday that, essentially, say nothing of their mult-billion dollar endeavors. Their address is a virtual office/shared space... the CEO is using 163.com, a gmail clone, for his email address.
This is all about the unrestricted stock issuances to Dwyer, MSC Capital Advisors, and others shown in the table on pages 5-6. They set up this little fairy tale to enrich themselves.
And that statement was true for the filing period ending 12/31/23... After that, they filed an amendment to the corporate charter with the RS included.
Finalllllyyy.
Agree... I have a hard to focusing and I don't even work LMAO..
Agreed. No outstanding convertible notes or any other debt instruments that may be converted into equity securities.
.
Come 930
I can't spell today. Lol the anticipation is surging thru my finger tips.
I saw the same thing but only had time to briefly go thre it. Seems they aren't planning a RS.
$-land written all over it. Gonna be a sweet summer. $$$
Going to be tough for me to focus on work stuff cine 930am
I would assume the E commerce is totally in but there might be some side corps for one reason or the other might be included.. Not a concern to me...
Don't underestimate this beast and how far it can run in the long haul. PinDuoDuo went from $200 million in revenue to around $18 billion in revenue in just 5 years!!! What if we do the same!
We also have the Chinese government backing the company; my guess it's because they've found a clever way to have people adopt the digital Yuan because if the consumers on the JFH platform make a lot of extra income that they never could have made otherwise, because of stock ownership, giving them a better long-term retirement, they likely will be glad to support the digital currency.
If we're anywhere close to a $200 million annual revenue run rate (maybe $50 million in Q1 revenue) and growing as fast as they have been (250% - 300% annually based on GMV numbers shown on Twitter), then many multi-billions of dollars in annual revenue becomes entirely feasible. Even just $100 million in annual revenue last year, growing at 250% annually, would put them at almost $10 billion in annual revenue in 2028, AND, that's only considering China's rate of growth, not all of the other countries that open up around the world.
Can a mod sticky this post # 70028.... replace the one I have in there.... thanks
So now the only question left or should we say obstacle keeping this stock from taking off would be the amount of the company moving into the stock. A large amount of previous DD suggested that the entire company would be moving into this ticker symbol. If that’s the case. Everyone needs to hold on tight because this is about to be a wild ride!
B. Promissory and Convertible Notes
Indicate by check mark whether there are any outstanding promissory, convertible notes, convertible debentures, or any other debt
instruments that may be converted into a class of the issuer’s equity securities:
No: X (checked on No). Yes: (If yes, you must complete the table below)
Here you go: NO R/S.. and here's proof. Right from the FINS... no mention of any ANTICIPATED R/S:
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that
occurred within the past 12 months:
In November 2023, the Company rescinded its agreements with Consolidated, Global and Tahoe and dissolved Houdini
Group, in connection with a change in control of the Company.
Address of the issuer’s principal executive office:
460 Doyle Ave., Unit 106, Kelowna, British Columbia, V1Y 0C2 Canada
Address of the issuer’s principal place of business:
? Check if principal executive office and principal place of business are the same address:
N
Thanks linkvest!!
I posted that there is no future anticipation of R/S... As stated in their Fins..
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IGPK completed a reverse merger with JFH Digital E-Commerce Corp. This resulted in a change of control.
Gene Caiazzo and Manuel Losada resigned from all their positions within the Company on 11/30/23.
As stated in the report filed for the quarter ending 9/30/23, All prior merger agreements were rescinded, and the Company is no longer in the Cannabis or Athleisure markets.
A condition to close was that all shares of common stock held by the former insiders would be returned, and all options were canceled. All Series of Preferred shares were to be returned to the Company, and all liabilities were to be settled.
Resulting in zero Assets and zero Liabilities.
New management is going through the process of gaining access to OTCIQ so they can update the Company information. No updates can be made at this time. Once all the background checks have been completed, access will be granted. The process has been known to take several weeks before access is granted.
Simultaneously, the Company, through its counsel, is working to complete a name change with FINRA. This process will take at least 6-8 weeks to complete. FINRA will do a complete review and require many supporting documents from the Company. A fair amount of the information to be requested was filed with the SEC when the Company was reporting. A Dropbox folder was also set up before Closing, with further Due Diligence information needed to support the name change.
https://igpk.org/
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