Redify Group (fka RDFY)

[TheMadHatter]

Whelp that's the end of this run lol

[TallTrader]

But where on the OTCBB website does it say it has been split? It does not and they are the official word for OTC splits.

OTC Markets also does not show the split. Why?

The filings say that it is "in progress." Why?
http://www.otcmarkets.com/stock/TGFN/company-info

Those are the questions I would like to be answered, not a yahoo site.

GLTY

I OWN SHARES IN TGFN PURCHASED IN THE OPEN MARKET.

[1geb]

got ot the bottom of the page & u will c, the R/S 7 the date, GLTA!
http://finance.yahoo.com/q/hp?s=TGFN&a=3&b=7&c=1998&d=8&e=23&f=2013&g=d&z=66&y=132

[1geb]

it is official, the R/S executed @ dec31st, 2012!!!!

[1geb]

oh! ok! TT, now i get it..ok no one is 100% correct!
from their 10K
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

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.
the stock price was .13 after the split .02, from yahoo Jan 7, 2013 0.02 0.02 0.01 0.01 65,000 0.01
Jan 4, 2013 0.02 0.02 0.02 0.02 24,700 0.02
Jan 3, 2013 0.01 0.02 0.01 0.02 182,000 0.02
Jan 2, 2013 0.01 0.01 0.01 0.01 270,200 0.01
Jan 1, 2013 0.01 0.01 0.01 0.01 0 0.01
Dec 31, 2012 0.01 0.01 0.01 0.01 155,400 0.01
Dec 31, 2012 1: 10 Stock Split
Dec 28, 2012 0.13 0.15 0.13 0.15 5,500 1.50
Dec 27, 2012 0.16 0.19 0.16 0.19 13,000 1.90
Dec 26, 2012 0.15 0.21 0.14 0.15 21,800 1.50
Dec 25, 2012 0.11 0.11 0.11 0.11 0 1.12
Dec 24, 2012 0.11 0.11 0.11 0.11 0 1.12
Dec 21, 2012 0.15 0.15 0.11 0.11 21,500 1.12
Dec 20, 2012 0.11 0.11 0.11 0.11 0 1.10
Dec 19, 2012 0.16 0.20 0.11 0.11 11,700 1.10

[1geb]

thank you!, was going to ask that!

[TallTrader]

Good question. I always hold some shares just in case I'm wrong!

[Traderfan]

But if you think the stock will go down after the RS gets into effect then why do you still hold shares here? I mean the market cap is still quite low, just not that low of course if your thesis is correct.

[1geb]

this could be one of the shortest SQUeeeezzeee, in a long time...could be WRONG but somebody messed up BIG!!!..it ain't me!, LOL....GLTA!!!!

[TallTrader]

Yes, I understand you point about trust ... but...

Hopefully I am wrong and it works out for everyone. But I lost a lot on the similar situation that I posted. That company posted incorrect share numbers in their SEC filings. It appears to me to be a similar situation. I provided all the proof with links.

GLTY

I OWN SHARES IN TGFN PURCHASED IN THE OPEN MARKET.

[Traderfan]

Ok but if they know it's still in progress there is no way they can post the new O/S number in the filing, that was my point. Obviously if somebody messed up somewhere here it's a different case but if you can't trust the august 2013 O/S number written in the last SEC filing, then you are lost anyway. Would be the first time I have seen this in the last 15 years. Usually the SEC filing number is ALWAYS the one to go with, instead of any number from a broker or yahoo finance or from whatever.

[1geb]

who is BUYING those sharres, with R/S, it is NOT ihubbers....for P/D... u think!?..respect yr view..am adding on wEAKNESS!!! GLTU!!!!!

[TallTrader]

So what legal entity is going to do something about it?

What happened to the other company that I showed you that did this? Nothing.

[1geb]

no!, it is legally impossible! even in PINKY land! they can not say we have 2.3M for O/S when they actually have 23M, u will see...this is a SCREW up by somebody...that is why, they r buying like crazy....otherwise who would, all of a sudden, BUY this amount...this NOT, ihub....this will EXPLODE, u will c....

[TallTrader]

No, it is my opinion that the opposite will happen. When the reverse split is announced on the OTCBB website, most will probably sell.

I OWN SHARES IN TGFN PURCHASED IN THE OPEN MARKET.

[TallTrader]

No. Their last few filings reflect that the reverse split has been done. BUT the OTCBB website does not show it having been completed. They also state in their own filing it is "still in progress."

To me, "still in progress" does not equate to "completed."

Here is another example of a company that adjusted their SEC filings for a reverse split, then later made the reverse split. I lost a lot on that one!

http://www.shellstockreview.com/ssr-axrx-reverse-split.html


I OWN SHARES IN TGFN PURCHASED IN THE OPEN MARKET.

[1geb]

that makes sense...if true the MMS messed up or somebody messed up...then a HUGE squeeze follows...NO wonder somebody is trying up all the shares @ 100% premium, worth of $206K!...could be HUGE, imho!!!

[Traderfan]

I can see your point but it's very unlikely that they file with the SEC a 2.3 million share number based on august of 2013 if such a deal would have never been done or if the number isn't correct at that time in august. In august they knew if the deal has been done or not right?

[TallTrader]

IMHO, there are 23mil shares outstanding.

The previous announced reverse split that they show in the filings has not yet been completed. SO they actually have about 23mil shares outstanding.

Continue reading the latest 10Q. It states:

"On April 15, 2013 the company filed a Definitive 14C for the purpose of changing the Company’s name and effectuating a ten (10) to one (1) reverse split of the Company’s common stock. As of the time of this filing, these corporate actions are still in progress."

Then go to the OTCBB website and it has no record of the reverse split being completed.

So, it is my opinion that they adjusted all their share numbers as having the reverse split completed, but it has not.

LATEST SEC 10Q:
www.sec.gov/Archives/edgar/data/876134/0...raft063013081413.htm

OTCBB WEBSITE:
www.otcbb.com/asp/dailylist_search.asp?D...ymbol=TGFN&OTCBB=ALL

I OWN SHARES IN TGFN PURCHASED IN THE OPEN MARKET.

[ClearlyStocks]

.07 falls and we go .10+ again

[batemania]

EOD frenzy.

[1geb]

FROM no WHERE THE bid & ask WENT TO .05X.06, hugeee!!!

[ClearlyStocks]

Getting thinner. Might have short squeeze

[Traderfan]

About July 2012 this stock hit $0.30, can it do it again?

If you think about it from a valuation standpoint 30 cents is absolutely nothing here. It would be about 700k in market cap with the share structure from august. At least back to 15-20 cents should be doable with some good news or some hype.

[ClearlyStocks]

Nice buys now. Bye bye .05

[batemania]

About July 2012 this stock hit $0.30, can it do it again?

[1geb]

BIDs building.....she is POISED!!!!

[BlueDragon]

I'm in.... The O/S is just too damn low....

[1geb]

agreed, 100% CS!!! in..may ADD! we shall c...

[Traderfan]

Here is the filing. First page people can see for themselves that the outstanding share number as of august 2013 is really that low.

http://www.sec.gov/Archives/edgar/data/876134/000154812313000349/tgfin10qdraft063013081413.htm

[1geb]

this sounds HUGE..$185,0000.00 SERVED!?, WOW!!!..got a TINY position, may ADD..we shall c...

[Traderfan]

It's 50 million authorized. This has the potential to go up big time with some pump with this share structure. Unfortunately somebody started selling into the bid early on. But stock psycho's picks often double or triple again after the first day. We will see I guess.

[bikerider99]

What is the A/S, as so far this has traded the whole O/S whithin the first hour.

[Traderfan]

That's wrong. When do you guys realize that broker information isn't the way to go? Look up that damn last quarterly filing and it's written there. Geeez guys. If you trade stocks don't rely on third party broker or yahoo finance information.

From the last filing:

"At August 15, 2013 there were 2,332,105 shares of the Registrant's Common Stock and 50,400 shares of Series 1 Class A 8% Cumulative Preferred Stock outstanding"

[Traderfan]

Market cap is as tiny as I have ever seen. Market maker working it now. I think it will have another pop later today or the tomorrow. Volume already almost equal to all outstanding shares.

Regarding the market cap it's not really a discussion at all. 2.3 million shares times 2.5 cents as it closed friday is about 55k in market cap. If this one does 1000% like at the open it's still an incredibly low market cap.

[thepoet75]

It was 23 million outstanding shares look at fidelity

[Troy Lando]

Should test .01 IMO DT has been releasing straight pump and DUMPS lately

[ClearlyStocks]

Get over the MRKT cap guys. Can go back to .20

[Traderfan]

50k market cap was a bs claim. it was 500k

It wasn't a BS claim. Do the math. 2.3 million shares at 2.5 cents! OTCmarkets has the correct market cap. It was about 57k prior to today.

[ronaldo1149]

http://www.otcmarkets.com/stock/TGFN/company-info



Share Structure
Market Value1 $58,303 a/o Sep 20, 2013
Shares Outstanding 2,332,105 a/o Aug 15, 2013
Float Not Available
Authorized Shares Not Available
Par Value 0.01

[batemania]

TD says $1M

[thepoet75]

50k market cap was a bs claim. it was 500k

[batemania]

It'd probably run if everybody quit trying to sell.

[ClearlyStocks]

In at LOD ;) still up

[batemania]

Not looking like it.. Might want to get out now!

[kranthikumar]

TGFN is smells like a winner

[ClearlyStocks]

Seems like bottom is now in. Might rebound

[ClearlyStocks]

Falling spart

[batemania]

I got in!

[thepoet75]

Place an order like 10 seconds after the alert can only get in at the top. WTF