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Couldn't get it at $0.03 .. Not going to chase it. Back to bed! It's 5:34 am in Alaska.
TGFN Psycho alert today... could get interesting!!!
FlashCashDirect website......
Additional website developments.....
Interesting developments...Sam Gaer, Redify.....
8-k out
Item 1.02-Termination of a Material Definitive Agreement
On December 31, 2012 TGFIN Holdings, Inc.’s (TGFN.OTC) (“TGFIN”) entered into an agreement to purchase certain assets and technologies (“Assets”) from IceLounge Media, Inc. (“IMI”), an unrelated party, in exchange for 49% of TGFIN's common stock. On April 15, 2013 both parties mutually agreed to terminate the agreement prior to closing without obligation, penalty or consequence to either party. The Assets were returned to Ice Lounge and TGFIN’s common stock was not issued.
db7...TGFN, Redify Group.....
I'm still holding my position in TGFN, as I am anticipating that we will see better/higher prices in calendar 2013 (either in the form of a somewhat sustained move upward, or some sort of large pop/surge/spike).
Looks like the new website(s)for the company was registered by Kevin Ghim (co-founder of Ice Lounge Media) in early March. The sites haven't been online yet......
http://www.redifygroup.com/
http://www.redifymedia.com/
I would assume that following the reverse split there will probably be some increased PR/IR type of activity. If they are planning on bringing in some outside investors in the second round of financing (or even if it is just some more insider buying), things could get a bit interesting if some of my rough financing calculations are somewhat close. The tradeable float on a fully-diluted basis is probably going to somewhere in the 1-1.5M share neighborhood after the split, so there could be some interesting volatility.
Whoever put together the 10-K filing for TGFN really made a bit of mess by forgetting that the 1:10 reverse split hasn't occurred yet, so the numbers/info in the filing are pretty confusing.
One interesting thing I noticed in the 10-K is that the company sold 1.7M shares at .02 during the second half of March. If the dates and share ownership numbers are accurate, it appears that Marni Gaer is not the person who participated in that placement. So, this is the first time that the company has done a placement/financing to someone other than Sam/Marni Gaer in a very long time.......
Item 1. Information Required by Items of Schedule 14C
Introduction
This Information Statement has been filed with the Securities and Exchange Commission (the “SEC”) and is being mailed or otherwise furnished to the registered stockholders of TGFIN Holdings, Inc. (the “Company”) pursuant to Rule 14c-2 promulgated under the Securities Exchange Act of 1934, as amended, for the purpose of informing our stockholders of certain amendments to our Articles of Incorporation. The Company’s Board of Directors and the holder of a majority of the Company’s outstanding shares of Common Stock have approved resolutions to take the following corporate actions:
I. Amend Article 1 of the Company’s Articles of Incorporation by changing the Company’s name from “TGFIN Holdings, Inc.” to “Redify Group, Inc.” (the “Name Change”).
II. To file a Certificate of Change with the State of Delaware to effect a one (1) for ten (10) reverse stock split of the Company’s issued and outstanding shares of Common Stock (this action is referred to herein as the “Reverse Stock Split”). Any fractional shares resulting from the Reverse Stock Split will be rounded down to the nearest whole share.
The Name Change and Reverse Stock Split (collectively, the “Corporate Actions”) are described in greater detail below.
TGFN - this stock thus far has been an anomaly in penny land.... excited to see how she rolls out
DIK
Back to wiener mode ready ;)
Dik
Looking good - so thin
ha, that was funny, someone must be paying attention eh? lmao
LOL - then UT with a 1M bid... i take it back. LOL
DIK
Whoever is trading with UBSS is a toolbag LMFAO. wow.
Clueless volume KILLA!
DIK
50k ah buy above the ask
.0145 x .015 - VNDM keeps upping his bid. Looking good.
8-K filing 12/31/12
http://www.sec.gov/Archives/edgar/data/876134/000154812312000414/tgfin8kmaterialdefagreement1.htm
PURCHASE AGREEMENT
BY AND BETWEEN
TGFIN HOLDINGS INCORPORATED
AND
ICELOUNGE MEDIA, INC.
DECEMBER 31, 2012
http://www.sec.gov/Archives/edgar/data/876134/000154812312000414/finalassetpurchaseagreement.htm
This rs is for good cause, should benefit shareholders very well before long
Dik
TGFN share structure...3 financing rounds.....
I did some very rough/general math regarding the share structure following the IceLounge Media assets purchase. The purchase agreement also provides some information on the three planned financing rounds. Combining the share structure info along with the financing info can give you a very general idea of what price(s) the financings will done at.
Assuming that TGFN doesn't make any share issuances other than those connected to debt conversions, the planned financings, etc then it looks like at least two of the financings would probably be at premiums to the current price.
On a fully-diluted basis (debt conversions, warrants, bonus payments, etc) I figure there were around 32M shares outstanding. There will probably be around 6.3M following the split and assets purchase.....
32M/10 = 3.2M
3.2/.51 = 6.3M
The language in the initial round doesn't make it entirely clear, but for conservative purposes I will assume that the .03 price is post-split, and I will also use the max dollar amounts in all three of the financings......
Great find. Holding all and will add after the split. Very happy here.
Calvin Wong - ICE Lounge Media, Inc. - - WOW
after RS OS will be 2.2M with a 50M AS.... could end up being a monster...
Founder and CEO
www.iceloungemedia.com
Calvin is currently the CEO and co-founder of ICE Lounge Media, Inc., a New York based digital media technology startup focused on building gamified social networks for like-minded communities. Calvin was Chief Operating Officer for Appssavvy Inc., connecting brands to the right audience of leading web and mobile social applications, where he help grow the startup to an enterprise business reaching 100 million uniques and 1 billion impressions per month. Calvin led corporate strategy and annual planning, product development, sales planning, client account management, legal, creative services and traffic departments. As a member of the executive management team, Calvin helped raise venture capital financing from True Ventures, New York Times, and Scott Kurnit. Top publisher partners include: LivingSocial, Zynga, Playfish, Playdom, and NBC. During Calvin’s tenure, over 300 integrated brand advertiser campaigns were executed and revenue increased 600%.
Calvin also co-founded Community Connect Inc., CCI (Investors: Comcast, Sandler Capital, Jump) in 1996 and grew the company to be a leading online publisher targeting various niche markets. CCI’s sites – AsianAvenue.com, BlackPlanet.com, MiGente.com FaithBase.com and GLEE.com collectively generated over 1 billion page views each month and was one of the Top 25 highest trafficked network of sites on the Internet. Calvin served 12 years at Community Connect in various executive roles of sales and marketing, operations, and business development. In April 2008, CCI was acquired by Radio One Inc. (NASDAQ: ROIA) the fifth largest radio company in the U.S. Calvin holds a BA from New York University Leonard N. Stern Business School.
Calvin is married, has two kids, and lives in New Jersey. Calvin also serves as advisor/ board member to several tech companies and startups.
Great news imo - very small split and a new business.
Read fast 8K The Board of Directors authorized a reverse split of 10 to 1 of its Common Stock, effective December 31, 2012 immediately prior to authorization of the Material Definitive Agreement.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8994089
Yep - he is in control - nice buys today again!
UBSS seems to be playing with himself again
UBSS back with 750K bid at .015
All I know is what is in the filings. I'll be calling them to see what I can find out, probably after the new year...
Nice hits and Bids keep moving back up - seems like people accumulating for something. All this volume out of nowhere.
More bid jumping with VNDM and UBSS!
Bids keep stacking - VNDM just upped his.
Agreed, Nice to see u Joby.
TGFN is OTCQB and fully reporting...
http://www.otcmarkets.com/stock/TGFN/financials
The Ibox needs updating, too...
Link to latest 10-Q filing...
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8923259
Okay, on radar and looking further...
Looks that way
Something massive coming here IMO
DIK
5 million bid at .0121! Merger announcement at anytime now imo.
Hey ubss bidder...? When u wanna move this sucka?
Dik
Merry Christmas All...not big on posting (many of you are much better than I), but figured I'd let y'all know I'm here! Have a wonderful Holiday and looking forward to some prosperity in the New Year
Things will heat up here very soon IMO
Dik
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