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Not bad? The balance sheet is struggling as much as the share structure is. As I said, give it another ten years.
A/S: 4,600,000,000
O/S: 3,469,110,818
Float: 2,247,243,558
Total assets of only $33,291 with total liabilities of $2,727,513.
Total operating expenses of $299,519 with a quarterly net loss of $746,229, and you think big things are happening here?
Give it another ten years. LOL
That's right, and making a big move like that takes time. There's a lot of red tape involved.
Most RMs take a lot longer now because of the SEC's revamping of policies. This has been going on since 2011. Where have you been?
"May never qualify" does not mean that it won't happen. It was based on their current status in this market. That does not equal failure.
LOL
There's no reason why they wouldn't get paid, and cooking numbers is as old as... well... the existence of numbers. Every blue chip does it.
LOL
GIFA Inc. – Reverse Merger (Timeline)
Trading Symbol: GIFX
9/26/2017: There was a corporate charter amendment filed with the Nevada Secretary Of State, to change the name of public company "Firefish" (stock symbol FRFS) to "GIFA Inc". At that time, there were also changes made to the corporate charter to name new corporate officers of the company, to change the corporate address listed with the NV secretary, and also reduce the authorized shares (A/S) from 1 billion shares to 500 million shares. Ralph Amato, CEO of (FRFS) resigned and returned his stock as treasury stock. Shetty resigned prior to this date.
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=cAHa2MMHoiEWSHdY730%252bAg%253d%253d&nt7=0
10/17/2017: the Company amended its Articles of Incorporation to change the Company's name from Firefish, Inc. to GIFA, Inc. (the "Amendment"). The Amendment also reduced the Company's authorized Common Stock to 500,000,000 and it authorized an aggregate of 10,000,000 shares of the Company's Preferred Stock.
https://www.sec.gov/Archives/edgar/data/1445883/000109690618000420/gifa.htm
6/13/2018: SEC EDGAR 1st, 2nd, & 3rd 10Q filed covering past due FRFS operations
7/27/2018: SEC EDGAR 4th, 5th, & 6th 10Q filed as well as 1st 10K audited covering past due operations to end of year 2016
https://www.otcmarkets.com/stock/GIFX/disclosure
9/24/2018: FINRA approves company name change to GIFA Inc, and grants new CUSIP Number meaning “Firefish” no longer exists
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
9/26/2018: William Aul issues GIFA FIRST EVER English language and official company press release using Global Newswire service, announcing the FINRA name change. William Aul, company attorney, on the PR lists himself as “company contact” with phone and email address given
https://globenewswire.com/news-release/2018/09/26/1576869/0/en/GIFA-Inc-Announces-Approval-of-Name-Change.html
10/22/2018: FINRA approves/grants new trading symbol GIFX
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
10/25/2018: William Aul issues second ever English language official GIFX PR.
“We are very pleased with the corporate development of GIFA during the past one year. With the edgarization of its financials, FINRA’s approval of the name change and now ticker symbol change, we are well on our way. No action is required to be taken by current shareholders in connection with the change, and no change has been made to GIFA’s share capital. There is no change in its CUSIP number.” said CEO Ilksen Yesilada.
https://globenewswire.com/news-release/2018/10/26/1627611/0/en/GIFA-Obtains-New-Stock-Trading-Symbol.html
https://www.sec.gov/cgi-bin/browse-edgar?company=gifa&owner=exclude&action=getcompany
12/1/2018: Gifainc.com domain renewed once again in Turkey/Cyprus, and paid in full until December 2019
https://whois.icann.org/en/lookup?name=gifainc.com
2/4/2019: GIFA, Inc. Announces Acquisition of GIFA Holding Limited, the Divestiture of Firefish Private Networks Limited and More Recently, the Acquisition of Grandex Finance Limited
https://globenewswire.com/news-release/2019/02/04/1709871/0/en/GIFA-Inc-Announces-Acquisition-of-GIFA-Holding-Limited-the-Divestiture-of-Firefish-Private-Networks-Limited-and-More-Recently-the-Acquisition-of-Grandex-Finance-Limited.html?culture=en-us
3/7/2019: GIFA, Inc. Announces That it is Exploring Potential Acquisition Opportunities in the Pharmaceutical Business Sector
https://www.globenewswire.com/news-release/2019/03/07/1750079/0/en/GIFA-Inc-Announces-That-it-is-Exploring-Potential-Acquisition-Opportunities-in-the-Pharmaceutical-Business-Sector.html
I'm pretty sure that professional auditors are fully aware of how to do their jobs.
Wrong. The documents exist. I spent hours analyzing them.
GIFA OFFICIAL PRESS RELEASES
SAN DIEGO, Calif., March 7, 2019 GIFA, Inc. Announces That it is Exploring Potential Acquisition Opportunities in the Pharmaceutical Business Sector
"We anticipate moving with caution in exploring what may be possible potential acquisition opportunities that may exist in the pharmaceutical business sector. If circumstances allow and if market conditions are favorable, we may enter this sector."
https://www.globenewswire.com/news-release/2019/03/07/1750079/0/en/GIFA-Inc-Announces-That-it-is-Exploring-Potential-Acquisition-Opportunities-in-the-Pharmaceutical-Business-Sector.html
SAN DIEGO, Calif., Feb. 04, 2019 GIFA, Inc. Announces Acquisition of GIFA Holding Limited, the Divestiture of Firefish Private Networks Limited and More Recently, the Acquisition of Grandex Finance Limited
"We previously filed our 2016 Annual Report on Form 10-K and certain Quarterly Reports on Form 10-Q. As circumstances allow, we anticipate that we may be filing additional Reports for the 2017 and 2018 calendar periods in the near future."
https://globenewswire.com/news-release/2019/02/04/1709871/0/en/GIFA-Inc-Announces-Acquisition-of-GIFA-Holding-Limited-the-Divestiture-of-Firefish-Private-Networks-Limited-and-More-Recently-the-Acquisition-of-Grandex-Finance-Limited.html?culture=en-us
SAN DIEGO, Oct. 25, 2018 "("GIFA," the “Company,” “we,” and “our”) is pleased to announce that effective at the opening today, our trading symbol on the US OTC has changed from FRFS to GIFX."
“We are very pleased with the corporate development of GIFA during the past one year. With the edgarization of its financials, FINRA’s approval of the name change and now ticker symbol change, we are well on our way. No action is required to be taken by current shareholders in connection with the change, and no change has been made to GIFA’s share capital. There is no change in its CUSIP number.” said CEO Ilksen Yesilada.
https://globenewswire.com/news-release/2018/10/26/1627611/0/en/GIFA-Obtains-New-Stock-Trading-Symbol.html
SAN DIEGO, Sept. 26, 2018 "As a result and effective with the opening of the market on September 25, 2018, the Company's common shares traded under the name GIFA, Inc. with the symbol “FRFS.” The Company anticipates that it will also obtain a new trading symbol in the very near future."
William Aul, company attorney, on the PR lists himself as “company contact” with phone and email address given.
https://globenewswire.com/news-release/2018/09/26/1576869/0/en/GIFA-Inc-Announces-Approval-of-Name-Change.html
GIFX has completed a reverse-merger corporate action to become GIFA Inc, a conglomerate finance and services company primarily based in the Turkish Republic Of Northern Cyprus (TRNC), and also maintains a San Diego, CA secondary corporate location. This major corporate action was completed on February 4, 2019.
GIFA Inc Corporate Website: https://gifaholding.com/
GIFX : GIFA INC Share Structure
(Transfer Agent Verified as of September 9, 2019)
Pacific Stock Transfer
http://pacificstocktransfer.com/
1 (800) 785-7782
Mon-Fri 8am-7:30pm EST
Shares Authorized: 500,000,000
Shares Outstanding: 160,931,844
Restricted: 113,377,780
Float: 47,554,064
https://www.otcmarkets.com/stock/GIFX/security
Slow as molasses still doesn't equate to SCAM.
Why the hell would anyone make a special trip to see it up close when we don't even know what the results of the trial runs show?
This is a POS. Look at all of those toxic notes. This is nothing more than a typical alternate filing POS. What garbage. LOL
You know exactly what I'm talking about. On July 29....
"Waaaaaah! I called twice and nobody answered."
I called two hours later, and the secretary answered both times before the second ring.
LMAO!!!
No. The link that goes nowhere referencing "Delinquent vs. Default". The link didn't work because "delinquent" is in reference to LOANS!
It can!!!! When a legal representative is no longer retained they are absolutely at the will of law to disclose so!!
The Well has run dry.
So was the other link that doesn't work. LOL
DD 101
Actually, "delinquent" is still at ZERO! Delinquent is in reference to loans, not business license fees or anything else in this case. LMAO!!!
Here's a lesson. Looking into active links from valid sources is a nice way to gather information. Take this one for example...
https://www.investopedia.com/ask/answers/062315/what-are-differences-between-delinquency-and-default.asp
The other link didn't work, and it was posted today. LMAO!!!
Talk about on the nose.
Come on. LOL!!!! I figured that anyone with many years of trading experience would know that information like that cannot be elaborated upon by phone call.
Keep thinking that.
It might be helpful next time to provide a link that actually works. However, it's quite clear why that deliberate act was made. That reason is because it is a bogus point.
The delinquency vs. default subject is in reference to loans. Their not paying NVSOS is not about a loan. It's a simple fee to keep a business license updated.
There is no delinquency here.
https://www.investopedia.com/ask/answers/062315/what-are-differences-between-delinquency-and-default.asp
I don't care what anyone does. I spoke with him twice in the past 5 weeks, and his secretary answered the phone every time I've called.
LMAO He's always there. All one has to do is call. Many times he doesn't take calls, and sometimes he does. Not once did his clerk ever tell me that he was not there.
Not so. They are currently in "Default" and after a year they get "Revoked".
Being 4 months late in paying their fees to renew their corporate license is a big deal.
It reveals that GIFX is hard pressed to come up with even a small amount of money to cover that fee.
No efficient or well run business intentionally is late and intentionally wants to pay late fees.
I believe there are delays involved. Nothing more. Their timing is theirs and Auls. Nobody else’s.
If a corporation is delinquent, it describes someone or something that fails to achieve what the law or duty requires, such as failing to perform a specific action or make a required payment. DELINQUENT.
For the benefit of all, could you please list these delinquent accounts?
HOW ABOUT CALLING AND ASKING THEM?
...and where is the EVIDENCE that they are borrowing anything?
Key word... EVIDENCE
Okay. I'll bite. How is that toxic? People educated in the best institutions in Europe, and are actively involved in multiple exchanges. Yeah, real toxic.
LMAO!!!!
Based on my information???? NOW THAT'S LAUGHABLE!!!!!
POCKET CHANGE can get paid at any given moment, and until you can give the reason why they haven't been paid, it's trivial nonsense.
Pocket change is trivial. They can get paid at any given moment.
It's not an opinion, but a fact knowing how trivial the concerns are.
A little more than a paint job... not much.
Since the opinion is based on paint, I can see why.
I'll make sure to contact the webmaster so he can add a symphonic soundtrack to it. Would that make exciting enough?
LMAO!!!
Yes, we sure are getting close. Labor Day is around the bend, and that's when the market begins to switch to higher gears.
The Grandex website has been modified. It looks nice.
http://grandexfinance.com
I like this part. "a major take-over of Grandex Finance (Feb. 2019) by GIFA Holding Ltd. and has never looked back. Once recognized as a reputable finance company, Grandex Finance has become a US Stock Market Company, now becoming a sought after international “Third-Party Lender”."
I know... I know... It must be "Incorrect".