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I don't doubt that brain is messed up as the rest of you. YOU said it was worth 6 cents at least at one point and also said that you didn't want to miss out on the next Starbucks. Your other OTC choices you promoted...pure crap!!! MmA failure you still recently promoted is at what 0.000001 compared to SFIO.. YA...YOU SUCK!!! Baahhaaahahsh
BTW I never bought at 8 cents...and only ever with money I was ok loosing. When they get to any higher tier they probably will have a values you are talkin
LOL!!!!! When the Truth Comes out about "STARFLEET" and the WOKE Shareholder that Believe everything Social Media Propaganda..
Biskits wuz Buying this in the $.08s, Talkin' Bout $100MILLION Market CAP BAHAHAHAHAHAHAHAHAHAHAHA!
This is Damning!!!! CHECK MATE STYLE
"Doubtful SFIO will be around much longer
Re: None
Friday, January 12, 2024 4:24:23 PM
Post# 92433 of 92439
Ok. So we just finished a Phoenix, AZ., meeting with one of the most respected SEC lawyers in the nation. We laid out all the communications and messages from SFIO and personal messages sent from Jephs to other shareholders. The opinion? Pure fraud, and if we want, he suggested that he could move quickly to hold their assets, whatever they are, and place a hold on OTC trading on the stock. We will be meeting with the 22 shareholders that have joined us in this effort. If they vote to pull the trigger, we will do so on the 17th of January. On a side note. His advice to us was that, in the future, NEVER invest in the Asian marketplace - especially in the OTC and in any business managed by Filipinos. Interesting.
Bearish
BEARISH"
Ain't No Voluntary BUY BACK, Dat Shid Was FORCED on the WORTHLESS RESTRICTED COMMONS!!!!.....
Ain't No New Woke Suckas buying Diz Shid fo Investment BUHBYE $.003s...DROPPING LIKE IT'S HOOOOT.....
'Beauneedsbiscuits" - Agree
Yaa, sure!!! Pure BS. How much you "Paying" counsel?? If they are subject to all that, EVERY OTC would be shut down. Nice try though.
Social Media a necessary Evil, but certainly the Playground for Evil doers...... Trust, But Verify....... When you cannot Verify, that Rosey Gloss of Feel Good photos and posts is almost always a load of SHID!!!!!!! WOKE BISKITS Calling on you to stop your Narcissistic holier than thou Behavior.... It's SHID!!!
KUDOS for the Effort. Certainly not the type of Post that wouldn't have Ramifications if you were not in Good Faith with this Effort. It's just Unfortunate all the way around.... Maybe the Baseless posters will take Notice of the Damage they could cause, by Swearing by Non Truths...... And give Credence to valid Skepticism in the OTC!!!!
Ok. So we just finished a Phoenix, AZ., meeting with one of the most respected SEC lawyers in the nation. We laid out all the communications and messages from SFIO and personal messages sent from Jephs to other shareholders. The opinion? Pure fraud, and if we want, he suggested that he could move quickly to hold their assets, whatever they are, and place a hold on OTC trading on the stock. We will be meeting with the 22 shareholders that have joined us in this effort. If they vote to pull the trigger, we will do so on the 17th of January. On a side note. His advice to us was that, in the future, NEVER invest in the Asian marketplace - especially in the OTC and in any business managed by Filipinos. Interesting.
Dis POS is not looking Good to Hold above the $.003's.... Way too many movers in the Market Place. A Bunch of Holder's Stuck in dis POS MONKEY TRAP and cannot Participate in '24 $$$$$$.... BAHAHAHAHAHAHAHAHAHAHA!!!!!
OOOOOH! Another MAAADDDD Monkey Trapped >90% down LOSER! Lettin' y'all out of dis POS by smackin' da ASK..... HAHAHAHAHAHAHAHAHA!!!!!! It's the Same ol' suspects hittin' dis POS with only HOPE dat this foreign POS wid the pretty Social Media Pics not jus' has a Biz, but they can grow! Right Now No Biz, No Grow, No CASH!!!!!
Hope y'all take advantage of deez emotional buyers and get out.... Maybe find you some runners like ELEV and others.....
Y'all Trapped MOFO's runnin' round blamin' eryone but JETH's lyin' ass for the Problems with SFIO.... He da one got so many to fall in love with the Pictures of Donuts and Coffee. We just pointed out that they was a scam.... Already way too many MOFO's Trapped in diz POS!!! Y'all wantin' more!?!?!?!?! Only Cuz you wan't to get some of yo $$$ Back from being Stuck!!!!
Hey At least there are a Ton of Share Holders still holding on to this and posting when things like the Paint Dries, The Weather and Stuff....
A Lot of People holding parts of this, But nobody new Buying a Startup Conglomerate that doesn't have or know what is their main Biz!!!!!
HAHAHAHAHAHAHAHAHAHAHAHAHA! When your Company's Greatest Accomplishments all surround Web Page Design!!!!!!!
What do Y'all tell people it is that STARFLEET Do!?!
What are you talking about?
"BTW, Iam not that one with a history of vulgar rants when they are called or for the fraud they are."
Winners can get vulgar, look at Bobby Knight! General Patton!!!
Please Tell the World, what the latest Statement of Cash Flows Tells you about how Well you think JETH's is managing SFIO CASH!!!!
If you can Make sense of the Numbers and the made up "descriptions" he uses on his Line Items. BAHAHAHAHAHAHAHAHAHAHA!!!!!
They Still have 5 Million of Market Cap that they can Milk out of this TURD!!!! As long as they Can KEEP the WOKE Style MOB of STUCK HOLDERS buying more of this Garbage.... Ones like you are just Emotionally ANGRY Enough to Never Let GO.... BAHAHAHAHAHAHA!!!!
Trading your Money in a "Gotta be in a WOKE MOB to feel Good" Style is a LOSING GAME!!!!!
****************HHOOOOHOOOOOOHAHAHAHAHAHAAHAA****************
Says the king of Scam pickers....hhhaaaaahaabaha. Wawawaaaawwaaawaaaaa....go back to your failed choices....nobody cares or believes anything you say. BTW, Iam not that one with a history of vulgar rants when they are called or for the fraud they are. You even just posted one recently.....loser!@
OOOOOH YOU SOOOO MAD! What Gonna make this run? What do the Preferred Stocks Represent as Ownership with Respect to your Common Shares? Why on the Statement of Cash Flows did they Report The Actual Accounts Receivable and Accounts Payable..... When Cash Flow is only impacted by Changes in those. What was that Big Cash Outflow on the Statement of Cash Flow that was labelled "Other Cash Flows from Investing Activities"?????
But you felt the Emotion of the Hype on Social Media, and quoted some Nasdaq Pricing Theories..... HAHAHAHAHA!!!!
This is the Biggest uninformed MOB Crowd I have seen in all of the OTC Scams since the Marijuana Stock Fad!!!!! And Whimp Bizkits Trynna place himself as the Ring Leader!!!!! Bahahahahahahahahaa! You look at pictures and JETH's knows that about WOKENESS..... So y'all ended up getting Caught!!!!!
That is what a MONKEY TRAP SCAM IS..... All you had to do was Focus on the "Uncertified" Statement of Cash Flows relative to the Balance Sheet to see how low level of Financial Reporting Intelligence, fooled Y'all
Just to prove what a pavlovian sucker he is to keep getting goaded back into posting. I give k boz a lot of credit, As long as he keeps posting here he eventually draws more into discussion and at least keeps the ticker discussion open.
And I Absolutely don't mind his postings because anybody that's read more than 2 or 3 of them knows what a raving moronic idiot he is with OCD tendencies. He makes no sense, He talks out of both sides of his mouth.... And he's a biggest hippocrate of all.
Trying to convince everybody his deals are good companies or he's made money when if you look at past post and the ones he supported over the long-term, they all have gone down or gonre completely Bottoms up. He only posts here because he thinks it's the one legitimate example he has for not Being a complete 100% Failure at stock picking. Just a few posts ago he reiterated his claim that this failed MMA company is due for a comeback...bbaaahhaaaaaaaa.
List here one other Ihub poster that Keep talking bad about a stock they sold 3 years ago.... I mean that's just mentally messed up!!!!
Nope.... $1000 dollar value bets in some.... But, Never Made Claims that a Company was legit and worth $100 million without having Credible Validation, especially when the only information came from the Liar that got the Money!!!!! My Biggest Bets are Break Even to in the Money.....
In SFIO the Stuckholder's are 100% reliant on unvalidated Information from a Foreigner and Social Media Hype!!!! Price Sparked Mob Mentality and the Hangers On are STUCK and Whining!!!
So are you also in the money trap? I mean not in SFIO but in your other stocks that you invested, and they are down. So anyone invested and down are in monkey trap according to you?
Because that is what an individual that is Stuck in a MONKEY TRAP Do.... He is now realizing that the Scam is Revealing Itself, when the LEADER of the SCAM solicited a BOOKOO amount of FUNDS, and yet hasn't decided what biz it is that SFIO is going to be Good At.... Didn't even have the decency to Change the Ticker, Just gave it a FUGGED UP Name. Andd the Cash FLOW Statements. The only thing you can Decipher from these is that They don't know how to handle changes in AR and AP among other Things.... And then they Disguise the Amount of Cash being pulled out of this Company for who knows What. There is no stability in Management Team Members and Board of Directors.... WTF do you call this But a MONKEY TRAP!!!!
Whimpy Bizkits Trynna learn from one of the best, but disguising it so he can save FACE. But Dat Too Late, even for a STALKER that jus' be goin' round falling for the BULLSHID posting.... BAHAHAHAHAHAHAHAHAHAHAA! He so WOKE and Supporting Pedo-Politicians....
**************HOOOHHOOOHAHAHAHAHAHAHAHAHA*****************
Why do you even reply to that guy?
The only whining here is your broken record claims from 3 YEARS AGO. What an OCD schmuck!! There is not enough interest or support in your debt ridden "gem" for any social presence at all. Only you are left with any support whatsoever. Stop "whining" when we go there to "point out" what crap it is!!! And Audit is not easy for international companies..they explained this. Most OTC are not audited until moving to next level. Better they weed out unproductive and get any beucacracies appeased...than rush for YOUR sake. You have no concept of patience...just go back to your 0.00001 stocks and pretend they don't suck...baahhaaahahshahss
How do you know when your POS is in Dire Straits? Everybody Holding shares and down way over 95% are complaining on all Social Media Outlets. Alternatively, How do you know when you hold a GEM? The Folks continue to Hold and do not CRY and WHINE on Social Media Outlets..... The Worst thing that can happen to you in the OTC is to be an Owner of a SCAM with 100+ other Suckers and they Continue to CRY on every OUTLET......
That is the EPITOMY of the SFIO Shareholder. BAHAHAHAHAHAHAHAHA MONKEY TRAPPED MOFO's BE STALKING AND WHINING across the GLOBAL INTERNET..... AUDIT is easy if your company is LEGIT. Never even mentioned until a SCAM is not LEGIT.....
PROVE ME WRONG!!!! BTW I do believe there are Epiphany Cafes in NZ..... They Suck and are not Rated as Top Donut Outlets. I also think that SFIO has a Kitchen Bakery that may supply Baked goods to these Retail Outlets. But, I don't believe SFIO receives Revenues for these Cafe SALES. So your Duney and Bourke means SHIDD!!!!!
How do scams work?!?!?!?! They Mislead the Hell out of SUCKA's without actually telling a LIE. Then they let the SUCKA's run with their own Story. Does this HIT HOME WITH YOU BiZkits?
You know nothing!!!! Your "analysis is dribble!!! What DOES SFIO tax filing say...your so smart..please post them in evidence!! Ya, thought so...you don't know crap nor can support anything. The world's premier financial database and analysis company (Dunn & Bradstreet) has financials you can look at. If SFIO was off by a lot from their OTC or tax financial disclosures...NZ tax revenue service would have had them fined into oblivion years ago. Lack of A US audit does not prove "falsehood" ....MOST OTC are NOT audited!!!!! Even if they are off by HALF....It's still 1000 times better bet than your huge debt fantasies!@
Your MMA joke..we KNOW how indebt they are!!! The only other long term poster on that site just post in response to you
"You are one wrong. Not one filing shows anything but tiny revenues and losses. No matter what you post will not change that fact. For over a decade they have failed to come close to any profit. That is why stock price is .000001. Keep trying to put lipstick on this pig. Still a pig."
Look at you posting just this Friday for KTRA around 9am you claim loaded up..which at that time was around .25. By three your saying " double up"...by end of day...0.16... down for the day. Trying to catch a short pump...TOO LATE!! BahaahhaahhI.. You're record is laughable
Nothing is more of a Lie than this one. Even the MMA ticker has a better chance of ressurecting than this POS! MMA Ticker has Tangible Existence on not one, but two Channels on Roku Livestream. And has reputable Tangible Ad Buyers. Have you validated that SFIO get's the revenues of the Epiphany Cafe's in New Zealand.... or is he Borrowing the Numbers to Pad the Fin's Reporting on this OTC. Audits are Easy, when you are legit. Trust me, I have a lot of experience in this area. And The Ole Currency Exchange is a Lie. That is very Cut and Dry on how to handle. Unless the Transactions are not legit, or are illegal movements of Cash.
SFIO should've sent you warnings the minute they were in MEXICO with a TOY COMPANY!!!!! YAAAA RIGGGGHT!
They Need to Pay the BIDEN Family if they want to expedite their US Market Place Entry!!!!!! Could happen, I hear he's been yard selling all he can!!!!!
All I see is your failures that you never admit to. I never threatened you one time. Remember back then ihop was Deleting anything even with a hint of negativity.... Yet I was never put in ihub jail. I believe you were put in there twice. But it sure is easy to push your buttons. Why would I buy now.... It's entirely possible this thing could go to Is a 10th of a penny. For the most part I'm comfortable with the percentage I have in OTC and second tier stocks right now. I throw in a few $100 of spare profits now and then... But not more than the total percentage I want in each category. You're still dribbling on about a stock you supposedly sold 3 years ago Claiming to protect naive investors while the same time you're promoting the biggest piece of c*** With no redeeming financials whatsoever. A hypocrite with OCD.... With Pavlovian tendencies
Do you mean this Message.... How come you don't state how you and MTBANKS kept threatening me.... You deserve being stuck in this SCAM... Why aren't you buying more today.... Are you out of MONEY????? How much have you lost here. The Stock I like, I own a very large Chunk at $.020002 and It is in the OTC and not Down by 98% from when I first got in it. And you never bring it up!!!
Shareholders should have a representative on the board. And that stockholder should have profound business experience and a stake in SFIO...and IN NO WAY be related, connected, or in previous business with anyone on the current board, including the CEO. The rep should be American.
Hey Pavlov, You're such a gullible follower. I only commented on your c***** choices because one... They were c*****.... And 2.... Didn't like it much when somebody made drivling comments day after day explaining how c***** your choices were... Did you? Remember when you sent me that private message on ihub when you were actually paying for it.... And not in I hub jail.... Where you made very vulgar comments borderline threatening...... The same you did with morethebank that got you in jail.. You just didn't like being put in your place so this is your version of revenge. 3 Years cometing on a stock you supposedly got out of..... Text book OCD. Everybody here knows it.
AGAIN, Do you think that piece of c*** or company will come back... Then good for you..... I'm just pointing out almost everybody else has their own favorite otc pink..... That is still a 1000 times better than your choices. You talk about pictures but we well established they do have the locations they said they do And they have expanded into areas like Australia... And so far haven't deluded the company to oblivion like your favorites.... Just playing truthful facts.... Deal with it
NP. Shareholders should have a representative on the board. And that stockholder should have serious business experience and a stake in the firm...and IN NO WAY be related, connected, or in previous business with anyone on the current board including the CEO. The rep should be American.
No one said anything about removing management, moving yes - removing no.
That is a lie, you followed me around IHUB everywhere so I posted to AVCTQ and a Couple others to catch your ass..... and you busted back with 4 Posts. I had to look that up because I forgot about the Ticker, but you brought that Shid up, so I had to Go back and check what that was. Never bought nor sold it, Promise.
You don't get it. That is a Bet.... I have one long term Longshot Homerun ticker that I continue to accumulate. And they are Legit.... Not just a bunch of Pretty Pictures with A Scam Set of Financials. SFIO Statement of Cash Flows, Reads like the Ticker exists to Launder Cash for a Group of Scammers. It's Garbage and you are stuck in POOOH!!!!
Everything else I do (Currently) is to play very short term....
Oh and Prove that you got Suckered by Pictures and WORD SALAD Jeths.... Because your woke ass cannot Critically Think that what JETH's Provides doesn't make sense...
By the way, You're the only one I know that needs to WOKE up.. You must love using that term because it's obvious you are such a "follower"
You still don't get the level of your hypocrisy do you. You want people to think that a company riddled in debt From multiple rounds of dilution is a better bet than a solid company's profit like SFIO. Fine, You wanna make a fool's bet like that its your prerogative. But for all the people that have lost big on that stupid little company many which might have gotten in because of your support.... How many of those go there on a daily basis to tell you and everybody else what a stupid horrible bet that was. I've only gone there just to yank your chain and prove that you can't resist coming back to this site to spit out your dribble..... Which you never fail to be goaded into. The only reason I don't go back and post on that site anymore is because it's so painfully obvious there's nothing else anybody can do...... Thhat is a dead and gone just waiting for the bankruptcy court.... I mean 00001.... And that's coming back? Baahhaaaahhhaaa... Such a loser mindset.
Well suing them to remove the management and becuase they have not delivered on what they promised as of yet and change things the way YOU see fit is not the way to go about it. The company is trying to do what they have set out to do but everyone wants to be rewarded for their investments immediately. Rome was not built in a day.
HAHAHAHAHA!!!! You mad, so you can only see what you want to see. THAT IS A WOKE Mindset. I have a Couple Grand Bet on that little MMA distressed ticker. It was just a small Chunk of what I made here. Remember, I told you this was a SCAM... So you and MTBANK ACCOUNT, Decided to Become the Woke MOB and Stalk and Harass me. REMEMBER who Chased Who Around the IHUB!!!!! You POKED THE BEAR!!! And a Relentless One. So I made it a MISSION to continue make you BUY THIS POS MONKEY TRAP on EMOTION of SPITE.....
AND YOU CONTINUE TO OBLIGE!!!! BAHAHAHAHAHAHAHA!!!!!.
This was a One Run and Done!!!!
No Ticker that has 100+ Broke ASS STUCKHOLDERS has ever redeemed themselves in the existing Share Structure!!!!!
This Company not even Verifiably Real!!!!!!
With all your crap...SFIO is still a thousand times more viable than the 0.0001 Debt failed MMA promoter...you just AGAIN promoted here!!! Baahhaahhaaaa. Nothing has changed since '22. The entire OTC Pink market collapsed under 200 P/E ratio overbought, little to no profit or revenue, pie in the sky companies.
Many got out with massive gains sometime before the downside was completely irreversible. There were a literal handful that had a chance of succeeding that had both revenue AND net profit with years of history. Some chose to leave some invested in these reasonable gambles in hope they would make it to the next level...someday...knowing it might be years. Either stay put, double down or ..FOLD. it's that easy. You want make safe moderate profits...buy McDonald's or Walmart....but don't go around screaming fraud, mismanagement or questioning viability of the industry etc... ITS OTC PINKS. You have some good prospects like a growing profitable company and you have high debt failed MMA promoters....it's still OTC PINKS!!! Play your bet or leave the table.
Kbaz, Pavlov is like a gambler at a casino that got lucky playing a hand of Blackjack..then goes back to the table ever night for 3years just to tell those that continue playing, what an unfair game it is and they should try the roulette wheel. Who does that???!!! OCD is my diagnosis
Beauneedsbiscuits,
"Still think they want to keep the price low so they continue to get more cheap shares."
This, indeed, is a possibility.
You've heard of Biden's 2000$ Santa give away?
If this kind of "free money" has a similar effect as what was poured into people's pockets during the pandemic, some of it may find it's way in the market and raise share prices all around. Who knows. This may be the time to accumulate some more, before the rise... Just my opinion.
Doubtful, TY for your thoughtful reply.
Even though I respect your opinion 💯,
having no experience in this kind of legal undertaking, I have the feeling that implementing your proposal would lead us into a rabbit hole as convoluted as SFIO's road map...
Please, do not be offended by my remark. I'm just sharing respecfully what I think. 😌
Rhallzng, you are right on all 3 points (a.b.c.)
Today's communication from the SFIO demonstrates this.
How will their objectives materialize in 2024 is still as uncertain as all their ambitions.
Time will tell. Best of luck !
Thank you for taking the time to share your experience.
Did anybody Notice!!!! THAAATTT! Jeth's is no longer interested in becoming the Next Starbucks!!!!! Well DUH!!!!! You have to have the Desire to be the BEST in order to Compete in the Market Place. JETH's Continues to strive to be the Best at Bullshit Ambiguous WOKE Narrative Talk that Just PANDERS to the STUCKHOLDERS.....
I love seeing the Volume go up on EMOTION!!!!!
BAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHA!
Hey Jeth's.... I lost over 95% of my MONEY in this POS, so I would like to Express "a little concern with your overreaching" BAHAHAHAHAHAHHAHAHAAHA! People that Are WOKE (with no Critical Thinking Skills) just encourage the SCAMMERS to Continue to PROSPER!!!! That is FUGGED UP for EVERYBODY!!!!!!
JETH's NEEDS to be barred from OTC Market involvement. PERIOD!!!! but there are a lot like him. Have to Start Somewhere!
Umm Hey Hey Hey!!!! Did you read the Letter? I think Mayorka's wrote it, similar to the Premise that the Mexican Border is Closed and Secure.... Buyback was not Voluntary.... AAAANNNNNDDD! Common Sense should tell the Intelligent People in the Room, that When you are in need of Capital, Share Buyback should not be in the CARDS!! DUUUUHHHH!!!!!
The Buyback was forced and Crippled them as BNCM likely wanted their original Valuation back and to FLEE this FLAILING POS!!!!
What is JETHS Good at? ANYBODY??? Twitter is Also Overblown with People "Pumping Up" This Ambiguously Disgraceful Pandering Letter to the Shareholders. Just More FODDER in this MONKEY TRAP POS.
Why is it so hard to be HONEST w/ YOURSELF!!!!!
JETHS TOSSES OUT HIS BANANA FOR Y'ALL TO GRAB HOOOOHOOOHHAHAHAHAHAHAHAHAHA
Many of us expressed a little concern with they're overreaching. After acknowledging that the current economic and financial Realities are different from 3 years ago (rising interest rates and Venture capital tightening, Development bureaucracies etc) ... It sounds an awful lot like they Recognize this drain on their energies and it sounds like they're getting rid of the "dead weight". Still think they want to keep the price low so they continue to get more cheap shares.
Still think They need to Windle down the number of companies and direct just a few. Lot Of OTC companies over extended themselves that didn't have the strong revenue and Profit margins that SFIO seems to maintain
Just think of those like kbaz as the school teacher in the Charles Brown comic ;*series.....wawaa. wawwawaa.wawa And yes, K.... You did keep putting price points On the cloud (AVCTQ).company as it continued to crash along with those like your MMA company. And other failed choices. How convenient you made money on stocks at you just didn't post about....mmhhhmmmm!!!
Who said anything about suing them for breach of contract or suing them for monetary damages? We didn't, and I didn't. In fact, we want the company to succeed.
That was nicely written and enlightening (I think) But at this point, these are just words and for the time most of us have been here, we need to see something that will increase the share value. We are not asking for a lot, just a little something from Starfleet to show us they are serious and that there is a path forward.
$SFIO Starfleet Innotech : A 2023 Report to Shareholders
https://www.otcmarkets.com/otcapi/company/dns/news/document/71751/content
Dear Shareholders,
As we look back on the past year, I am delighted to share a comprehensive overview of our key initiatives and insights into the challenges that have shaped our journey. Your unwavering trust and support have played a pivotal role, and we believe transparency in sharing both successes and challenges is essential. This letter aims to provide a holistic perspective on Starfleet Innotech's progress, offering a glimpse into the strategic decisions that have guided our path forward.
Key Challenges
We're facing challenges in two main areas: economic conditions and shifts in the market landscape. Like many businesses, we've had to adapt strategies due to the pandemic's impact. The second challenge is funding; despite having promising projects, delays in capital funding are impacting our cash reserves. Raising capital is difficult in the current climate. To address this, we've separated existing operations from capital projects to mitigate risks. Currently, our focus is on survival and risk management until sufficient funding is secured. Over the past six months, I've explored numerous funding opportunities, and we've now secured non-dilutive funding partners for various ventures, including real estate, electric vehicles, buyback, and Epiphany Cafe expansion in North America. Stay tuned for details in the coming weeks.
Key Initiatives
Buyback
The Company has successfully secured funding for its much-anticipated buyback program, with the finalization of the buyback settlement currently underway. Delays were caused by the challenges and complexities of funds transfer and clearing. Anticipated to conclude next month, this strategic move underscores our dedication to optimizing shareholder value. Part of this initiative includes the planned repurchase of a substantial 200 million shares from one of the Company's key stakeholders, BNCM, further consolidating our financial strength and signaling confidence in our future trajectory
Auditor Engagement
In tandem with our commitment to upholding the highest standards of corporate governance, Starfleet Innotech is pleased to announce the formalization of an engagement with a renowned PCAOB-accredited auditor based in the United States. The forthcoming details of this engagement will be unveiled in a press release slated for next month, providing stakeholders with comprehensive insights into the meticulous auditing process that underlines our dedication to transparency and accountability. As we embark on these transformative initiatives, Starfleet Innotech remains steadfast in its pursuit of excellence, shareholder value, and adherence to the principles of sound corporate governance.
Business Recalibration and Consolidation
We have re-calibrated and consolidated our business model and structure to ensure better focus and management of the complex business models. Key objectives are to maximize operational excellence and encourage collaboration amongst the subsidiaries.
- We strategically formed an ecosystem within our real estate division that is complementary to the subsidiaries’ operations. Terra Realty Solution, as the Sales and Marketing partner, and Moraya (and its subsidiaries) as the Developer.
- Epiphany in NZ will focus on providing training to international franchises, New Product Development (NPD), and will undertake trials for proof-of-concept business models which can be replicated internationally
- Moraya Properties will be the holding company for all real estate development projects and will manage the subsidiaries operating as property developers. This will include the real estate businesses in New Zealand, Australia, Philippines and the United States.
- Projects in the Philippines will be managed by two teams. Each group will serve as a holding company with its executive team. The first group will be managing the Energy Division, which includes Solar and EV transport projects, while the second group will manage the Real Estate and Technology projects.
- Some subsidiaries that are no longer aligned with the strategic outlook of the company and are not meeting the company’s target will be either sold or returned to the original owners. This is to minimize the risk exposure of the company.
Acquisitions and Partnerships
Our recalibrated strategy is more focused on real estate development and energy projects which will increase our asset base and will limit our risk exposure.
This year, we have entered into a strategic partnership with European Wellness Biomedical Group (EW Group). Through this partnership, we will develop and operate Moraya's Integrative & Holistic Medicine facility within the eight-hectare micro-township project that we are developing in Palawan, Philippines. The EW Group owns the EUROPEAN WELLNESS™ brand, which is a holistic wellness and rejuvenation concept based on the scientifically backed knowledge and effectiveness of Swiss and German biological medicine and bio-molecular therapy. Through this partnership, we see the Moraya micro-township project joining European Wellness' many global sites-found across Greece (Santorini, Athens), Switzerland (Lugano), Germany, Thailand, Bangladesh, China, and Malaysia-offering patients’ holistic treatment for anti-aging, age reversal, aesthetics, and whole-life disease and health management.
We also launched Terra Realty platform along with our partner Terra Solutions Realty Corporation, an industry enabler working alongside developers, brokers, agents, sellers, and buyers to highlight and streamline promising real estate investment opportunities. Later this year, we have finalized two shares swap (Restricted Preferred Series B shares) deals with two real estate developers from the Philippines and United States respectively. At least two other similar transactions (all in the United States) are underway. Through Starfleet’s committed funding from our investors, we will invest in these projects, granting Starfleet an eventual majority shareholding in each of the real estate companies. This is part of the recalibrated strategy of Starfleet that would also strengthen our business operations in the United States.
We are excited to share that we will soon announce two finalized letter of intents as stated above:
Heroes Lane Project:
Location: Philippines
Project Type: Real Estate Development (Potential Value $30M)
Project Status: Construction and Pre-selling are in progress; Reserved >20%
Senior Residential Care Facility:
Location: San Jose, California
Project Type: Senior Residential Care Facility (Potential Value $300M)
Project Status: Entitlements completed and land acquisition in progress
Our Approach for 2024
In the coming year, our strategy is centered on three key pillars: precise project execution, a streamlined organizational structure, and the launch of a compelling campaign. With a keen emphasis on operational excellence, we are poised to turn our strategic initiatives into tangible successes. By refining our organizational framework, we aim to enhance collaboration and drive innovation throughout the company. Simultaneously, the kickoff of our strategic campaign will amplify our brand narrative, setting the stage for a dynamic and impactful year ahead.
- A new set of executives will be appointed, retaining key roles, such as CEO and Corporate Secretary. - There will be an appointment of a new Board of Directors and Advisers. The establishment of an Investment and Funding Committee, headed by the CEO.
- Additionally, an internal Compliance and Audit committee will be established, responsible for the NASDAQ application.
- The creation of an IR/PR team is also underway, which will lead aggressive campaigns, roadshows, and promotions throughout the year.
- Execution of real estate projects includes the Wellness Micro Township in Palawan (by Moraya), four projects in NZ, three projects in AU, at least three projects in the US, and three projects in the PH.
- Furthermore, there are plans to explore and seek partnerships with existing cafe chains in North America that can be converted into Epiphany Cafe, serving as our entry strategy into North America for Epiphany Cafe.
As we navigate the ambitious and exciting journey ahead, we express our gratitude for your unwavering support of Starfleet Innotech. We are committed to maintaining open lines of communication through our social media channels, enlightening bridge episodes, and engaging meet-the-fleet videos. Your trust fuels our determination to reach new heights, and we look forward to achieving shared success together. Thank you for being an integral part of the Starfleet Innotech community.
Sincerely,
Jeths Lacson
CEO, Starfleet Innotech
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