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$GIFX Acquired Grandex Finance "Factoring Loans"..Lucrative !
Part of why some of the delay of final SEC FILINGS - is they purchased another finance company in Jan of 2019 (actually a direct lender in this case) and combined it with the rolling-in of assets to the final FRFS/GIFX merger...per a Feb 4th, 2019 PR from the company and SEC attorney William Aul.
GRANDEX FINANCE...and they specialize in "Payday" style lending to individuals and also business "factoring loans" where companies borrow against future receivables to help their current cash flow needs.
Both of those types of lending are a mega business in North America with extremely high margins. Better than owning a damn bank usually.
Also do "FACTORING BUSINESS LOANS" which means borrowing against in-coming receivables at high interest rates for cash flows...it's also extremely lucrative and profitable to the lender...aka GIFX now !
"Alternate financing" or what we in N. America call "bad credit or low credit score loans or higher risk lending" is one of the most lucrative lending business segments in existence. Many car dealers make their most bank and profit on these types of loans, more than they make by selling the actual car.
Some of the most rapidly grown/growing "finance companies" to go public are entire chains now of "pay day loan stores"....found in every major metro area in N. America (I have two within a short distance of me, always on main blvd streets with high traffic, looking for walk-in and regular clients). Both that are near me, are public traded companies, part of franchised branded store fronts now - mini bansk essentially. They will also handle wire transfers and other things- to make fees, lots of cash fees and interest. Profit machines.
GIFA Inc bought Grandex Finance lock, stock and BARREL...as part of this reverse merger.....
TRANSLATED PAGE:
https://translate.google.com/translate?hl=en&sl=tr&u=http://grandexfinance.com/&prev=search
"Factoring is a multifaceted financing technique whose use is rapidly increasing worldwide and its use is becoming widespread in Northern Cyprus.
We, as industry leader; We offer fast solutions that are required by commercial life with high quality and structured to meet the needs of our customers. We provide kurumsal continuity ere in your business with our g cash flow sun and le corporate-specific özel solutions that we offer to our wide range of clients ranging from SMEs to international corporations.
Grandex Finance Ltd. As we have been with you for years, we know your requirements well. Please review the services we offer; we are sure that we can catch an opportunity that creates value for you."
NOTICE: It's not just "payday loans" to consumers. They're FACTORING LOANS to small and medium sized business which will become their largest and most lucrative division IMO.
Factoring is where a business borrows against future receivables when they're growing rapidly and need cash flow....the interest reates are stiff (high). Extremely lucrative and high profit/low overhead and throws off cash, lots of cash to the lender. Gifa Holdings is already an extremely experienced loan brokerage, so they know the lending business inside and out. This was a perfect acquisition for their skill set and expertise.
READ the SEC FILINGS of half the OTC companies in existence and they all use "FACTORING LOANS"...usually from a company called "POWERUP LENDING" and it's a very lucrative biz. .POWERUP loans big money to the OTC companies here in N. America, they're plastered all over half the OTC SEC filings I've ever read, even on all QB tier companies. Yes, that's a fact.
GIFX is taking that finance company/loan company biz model to "THEIR PART OF THE WORLD" which will be huge, and much sought after.
GIFA shareholders meeting confirmed by Elexus Hotel
Anyone can get the facts straight from the Hotel
Got this reply to my email
So, the FACTS are clear and confirmed, GIFA has a shareholders meeting next year, the Hotel confirmed it and if possible numerous persons will attend.
Greetings from Cyprus,
Thank you for your interest in Elexus Hotel for your event.
The event is confirmed to our hotel on 3-4 June.
I would like you to discuss the accommodation details with GIFA Holding officials.
I wish you healthy days.
Saygilarimla/Best Regards,
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GIFA Shareholders meeting June 3 2021
This should be an awesome time, meeting Mr. Kisa and seeing their numerous business interests...in the invitation they said they will take their shareholders for a tour of their different facilities...WOW!
SNST moving
Low float (5,313,968
06/30/2020) and when their RM closes....WOW
All Shareholders Invited To Attend Gifa Holding Meeting In Cyprus June 2021
Jul. 30, 2020 11:50 AM ET|About: GIFA, Inc. (GIFX)
Summary
$GIFX Gifa Holding Shareholder Annual General Meeting June 2021 at Elexus Resort and Spa, Northern Cyprus.
If you are a shareholder and have interest in attending, you can apply by emailing the company at info@gifainc.net.
$GIFX The Gifa, Inc. Annual Shareholder meeting to take place at the Elexus Resort and Spa in Cyprus on June 3 and 4, 2021. If you are a shareholder and have interest in attending you can apply by emailing the company at info@gifainc.net
Per the shareholder letter we received Gifa, Inc. states: "On or before September 2020, everyone who has registered their interest will receive further information about the Annual General Meeting and will be asked to complete a registration form. You will receive an official Gifa Inc AGM Pass and confirmation of the registration with the Elexus Resort and Spa. Visit the Resort and Spa at https://elexushotel.com.tr/tr
Typical reaction
On Great news..stock does not move
Premarket .0095 bid 10K .0098 ask 20k !!!
The news was awesome
Now lets see what they are worth!!!!
If the number starts with a B as in Billion in income...it will be a life changer as many shareholders have HUGE positions....if it stars with an M as in millions we should get a nice pop!!!
So either way this is going North at a rate that will be very quick
Shareholders meeting june 3-4 2021
We will get to meet Kisa and all the others we have spoken to over the last 2 years...awesome
NEWS from Xu on twitter
SPO Global Inc Signed University Enterprise Cooperation Framework Agreement
$GIFX: Share structure of a NASDAQ company. Amazing !
Buy GIFX now cause w/ this 47 mil share micro float, as on one single next SEC filing being dropped this baby is going upstairs like a bat out of hell.
The reverse merger is completed. They've got the Grandex Finance direct lender deal closed and buttoned up now. They bought Intel Chemicals and appear to be completing it's integration.
https://www.apnews.com/280430c2bd295b6b3ac3407fc84cdb83
http://grandexfinance.com/
GIFX now owns that additional direct lender finance company as part of their conglomerate portfolio of companies and they paid cash to acquire the stock of that company. Anything stated to the contrary is disinformation and a false narrative.
GIFX aka GIFA Inc has not sold or diluted one share of stock into the public float since they took over old FRFS (Firefish) and are in-process of completing this reverse merger. Not a single share has been diluted or sold by insiders and the Transfer Agent will confirm those immutable facts.
Put another check in the box of factual due diligence. Gifx is an ultra low float winner and lowered their available shares as step one as part of their corporate take over of former Firefish, a NV corporation. Cutting the available shares to only 500 million total.
That's another check in the win box for GIFX.
GIFX and their amazing good share structure looks like a NASDAQ company share structure to me.
GIFX Share Structure as of 9/23/2019
Verified by Pacific Stock Transfer
500,000,000 Authorized Common Shares
160,931,844 Outstanding Common Shares
113,377,780 Restricted Common Shares
47,554,064 Float
That is a stellar share structure and as good as anything on the OTC.
Pacific Stock Transfer
pacificstocktransfer.com/
1 (800) 785-7782
Mon-Fri 8am-7:30pm EST
$GIFX may very well be thee reverse merger of the past several years. It's as simple as that to me. Risk versus tremendous rewards.
GIFA shareholders meeting at Elexus Hotel June 3-4 2021
Very nice for shareholders
Here is the info to contact the hotel directly which is good for all of us shareholders to contact
Contact Us
Phone : +90 392 650 10 00
Mail Address : info@elexushotel.com.tr
Fax : +90 392 650 10 50
Call Center
Whatsapp : +90 392 444 0 650
Call Center : +90 392 444 0 650 or +90 533 826 7230
Mail Address : callcenter@elexushotel.com.tr
https://www.elexushotel.com.tr/tr/iletisim
They are having a shareholders meeting...The hotel has been contacted and they have confirmed that GIFA has booked it for June 3-4 2021..we will see what they are doing...although I think they will release more info before that
No need for us shareholders to worry..we will see soon enough
Things are lining up for GIFA
Although the shareholders meeting is 10-11 months away there should be a massive amount of information released way before that.
They are on so many industries....
Website works fine
They are looking to have a shareholders meeting next year...should be an interesting ride
Pink
IGEN lookin good!!!!
Nice new article by Kisa...very interesting
More interesting pics from Kisa
Grandex seems to be doing OK
Some interesting pictures posted by Kisa on IG
Nice Pic!
Interesting that we, and I spoke to numerous shareholders, received info about the Shareholders meeting within a few days of sending them an email.
Free rooms for 3 days, and tours of all their facilities. A meeting with Kisa and management...its all there. please send and see for yourselves...it is a nice reply, exciting times ahead.
$COHO
new alert at https://aheadsup.com/twitter/newsentiment.html?user=otc #Penny #pennystocks #PinkSheet #OTC #OTCBB #stocks
Agreed .0012 on its way!!!!!!!!!!1
Shares in Issue Float
124.55M 28.47M
GIFA Shareholders meeting....
Send in the info request and see the reply.
Very interesting and encouraging!
GIFA is putting out info...
the need for fins is obvious, but they are showing alot of good things
Mars
Glad to see you here...now we know its for real!!!
There is no doubt a lot of attention is on GIFA right now
Lets see what is going to happen with Ramadan ended
Level 2 creeping up pre-market
.30 x .322
Nice new Video in English...interesting
GP Healthcare Group is located in Jinan Pharma Valley Industrial Park, High-tech District. It is an innovative technology-based private and high-tech enterprise. The group was founded by School of Pharmaceutical Science of Shandong University Prof. Fengyou Lu. Mr. Lu possesses 24 years of market operating experience in pharmaceutical market in the Greater China region, and has successfully run four foreign-funded enterprises and large private enterprises. The main business scope of the Group includes bio-pharmaceutical R&D, development and sales of medical informatization software, medical high-tech introduction, production and sales of medical quality supplies, dietary supplement, medicine, as well as agents and sales of medical equipment supplies. There are 220 staff. Besides the Group had more than 10 international and national patents, and its annual turnover nearly reaches RMB 1 billion.
Done for today????
GIFA in numerous industries...finance, travel, Pharma
only a matter of time before they release their fins
Renewed business license...WHY....
we are just waiting for news
Interesting that they renewed their business license.....they are getting ready to rock n roll!!!!!!!!!