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WiFi TV Inc. (WIFT) RSS Feed

Followers
95
Posters
674
Posts (Today)
0
Posts (Total)
7673
Created
08/04/05
Type
Free
Moderators

 

 

                                             

                                                               

 

 

 

 

 

Contact Information Business Description
Wi-Fi TV, Inc.
3408 Via Oporto
Suite 202
Newport Beach, CA 92663 

 

  • Phone: 949-675-5011
  • Fax: 949-675-5008
  • E-mail: info@wi-fitv.com
Wi-Fi TV, Inc. offers ad supported live interactive TV over the Internet, and free memberships are available at WWW.Wi-FiTV.Com.

  • OTC Market Tier

    Pink Sheets Limited
  • Primary SIC — Industry Classification

    3577 - Computer peripheral equipment, misc
  • State Of Incorporation

    NV
  • Jurisdiction Of Incorporation

    United States
  • Year Of Incorporation

    1991
  • Company Officers



  • Number of Employees

  • SEC Reporting Status

  • CIK

    0001066624
  • Fiscal Year End

    9/30
  • Estimated Market Cap

    22 as of Sep 17, 2008
  • Outstanding Shares

    179,613,815 shares outstanding. 12-17-2010
  • Authorized Shares

    30,000,000,000 as of Mar 31, 2008
  • Current Capital Change

    shs decreased by 1 for 1000 split
    Pay Date: Jun 30, 2008
  • Company Notes

    • Formerly=Kanakaris Wireless until 4-04
    • Formerly=Kanakaris Communications, Inc. until 6-00
    • Formerly=Big Tex Enterprises until 12-97
  • Security Notes

    • Capital Change=shs decreased by 1 for 20 split. Effective date=12-7-01
    • Capital Change=shs decreased by 1 for 50 split. Effective date=4-20-04
    • Capital Change=shs decreased by 1 for 200 split. Effective date=7-22-05
    • Capital Change=shs decreased by 1 for 500 split. Effective date=11-13-06
    • Capital Change=shs decreased by 1 for 1000 split Pay date=10/22/2007.
  • Transfer Agent

    Stalt, Inc.
    671 Oak Grove Ave.
    Menlo Park, CA 94025

  • Legal Counsel

    William B. Barnett
    21550 Oxnard Street
    Main Plaza
    Suite 200
    Woodland Hills, CA 91367
  • Investor Relations Firm

    Colby & Company
    22996 Stoneridge
    Mission Viejo, CA 92692

The information provided here has been obtained from publicly available sources as well as directly from issuers in some cases.

 

Link to camguy's post: A good read

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33235324


EXCELLENT INFORMATION, A MUST READ FOR ANYONE AND EVERYONE PLAYING THE STOCK MARKET:

 

With Bernie Madoff's Ponzi scheme foremost in many investors' minds, how can you tell whether an investment pitch is a scam? Here are 10 tell-all questions to consider:
1. Does it promise "low risk and high gain?"
Click your heels three times and repeat to yourself, "There is no such thing as a free lunch." It's a fundamental fact of investing that the higher the potential return, the greater the risk that you may never see that return.

2. Will it be "too late" if you don't act now?
Why will it be too late? Any legitimate investment will be there tomorrow, and next week, and next year. Never be pressured into investing in something because tomorrow might be too late. Even if it turns out that the stock doubles tomorrow, you should feel better knowing that you were cautious and responsible with your money. Besides, if someone's giving you a "hot inside tip," you've got a lot more to worry about than whether or not you should act quickly. (See question 10.)

3. Does it claim to predict the future?
"It will double in three months." Oh, yeah? And where did your broker buy his or her crystal ball? Not only is this a ridiculous promise for a broker to make, it's illegal. Report this infraction to his or her sales manager (the next caller might not be as smart as you). And if the matter doesn't get satisfactory attention from a supervisor, contact the Financial Industry Regulatory Agency (FINRA) at www.finra.org.

4. What is the background of the salesperson and his/her employer?
Any individual selling securities to the public must pass a background check, a series of examinations, and be registered with FINRA. Likewise, their employers must also be known to FINRA and the SEC. If you would like to check up on the background of your broker or brokerage firm, use FINRA's BrokerCheck page. But remember, even if they don't have any complaints against them, it doesn't necessarily mean they can be trusted. You could be "Scamee No. 1."

5. Does it "guarantee" anything?
It is not only impossible to guarantee any rate of performance, but doing so will also get your broker tossed out of the industry.

6. Has the salesperson offered to reimburse you for any losses you might incur?
One more no-no that your broker isn't supposed to promise you. This one can get him or her booted, too.

7. Are you one of the "lucky few who have been chosen" to invest in XYZ company?
While this may make you feel special, don't fall for it. You just happen to be one of the lucky few who answered the phone.

8. Does the salesperson claim to have personally invested in the company, too?
What difference does it make whether he or she made a bad investment too? Do you trust the salesperson to call you if and when the investment goes sour? And will he or she get out first?

9. Is the salesperson unwilling to supply a prospectus or financial statements?
If a new company is just going public (an IPO, which stands for initial public offering), you must be given a prospectus. It is long and written in legalese and printed on very thin paper that you can barely read. Read it anyway. Especially the part called "Risks to Investors." If the company in question has been around awhile, ask to see the financial statements for the past two years.

10. Is the salesperson's information "a hot inside tip?"
This is especially important to pay attention to -- not because it could make you rich, but because it could land you in jail. It is illegal to pass on or act on material that is inside information. Anyone telling you otherwise is a liar.


 

Link to chart:

http://stockcharts.com/charts/gallery.html?WIFT


Outstanding share counts from the transfer agent:

6/30/08    6,227,136

7/7/08       6,369,265

7/18/08    21,862,610

8/5/08       31,637,811

8/20/08     44,889,852

9/5/08       60,769,616
9/23/08    85,214,444

10/15/08  111,433,577

11/07/08   121,084,215

12/03/08  121,084,215

1/14/09    163,344,815
2/17/09    171,479,315

4/22/09    179,613,815
8/20/09    179,613,815

12-17-2010 179,613,815 shares outstanding. 

 

 


 




Links to recent new releases can be found here:

http://finance.yahoo.com/q?s=wift.pk



 

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