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Sell your stock then Greenback. He is a banker not a CEO. He got the horse to the track and now its qualifying for a stakes race. I think he did a great job and now Tom Witthuhn will take the reins as soon as the financing is done.
Are you kidding me? Thats like saying as a board moderator you can only do this one board. LOL
The financing will be for several million dollars in equity with Network One their investment banker as well as grants and concessions from the state of New Mexico totaling over $15 mm from the state alone.
In addition, there is a credit facility that he is working on for over $200 million. This is going to be a company that is well financed in 2014 and highly profitable in 2015.
CG also told me that he is going to turn his some of his attention to his brother's company shortly which he felt is a orphan stock and a sleeper of a deal with perfect timing for accumulation.
They have the most advanced and slick credit repair platform out there. Check them both out. www.turnscor.com www.turnscorpro.com
They are building a monster platform that is a credit repair, credit builder and anti fraud turnkey package. And possibly going on national tv with 1/2 hour infomercials with a major player in that space. Montel Williams etc as the host. They are going to charge a monthly fee that is less than lifelock and gives you ten times as much value. Shutting offf your credit card, limiting kids website ability, pre approved debit card transactions all to your smartphone for approval. In other words you cannot get a debit card transaction approved without approving it on your phone.
Sounds pretty awesome to me anyhow. He said it would take about 90 days to complete and then they will annnounce it.
The stock will start trading when they get DTC approval which could take a few more weeks. Without DTC you need to find a broker who will accept trades for "physical delivery". I know only two that will work that way. 99% of the BD's out there do not.
The symbol changes 20 days after the filing with FINRA not 15. In either case real volume will not come in here until they announce a substantial contract which is very close to being signed.
I met with MGMT the other day and they shares what they could. If even 25% of what they say is true think double digits easily.
Gumbie is still alive? You would think after the solo cup article about the compnay in the New Mexico paper that he would have given up. But insignificants are always such becasue they dont realize they live in an imaginary world that they refuse to come out of.
By the way is he the guy with the SUPERGHERO outfit from a few years ago that was dressed in PINK?
TDDELMONACO. Thats a great piece and a great find. Awesome DD on your part. Love to know how you dug up that one. So much great news coming down the pike yet.
I am long and very very strong. Anyone want to sell??????
Global Fashion Technologies Inc Completes Agreement with Pure System International Ltd.
Santa Fe Springs, CA, Sept. 23, 2014 (GLOBE NEWSWIRE) -- Santa Fe Springs, CA. September 22nd 2014.
Global Fashion Technologies, Inc (OTC: PPBLD) is pleased to announce that it has completed agreements with Pure System International Ltd. that call for joint efforts to develop a new business dedicated to fiber rejuvenation. Addressing the a worldwide problem that results in trillions of pounds of textiles being disposed of annually, the partnership will produce a sustainable textile fiber through a highly patented process that returns the textile to a fiber state and prepares the fiber for a variety of new textile end uses.
"Our collaborative efforts could very well lead to significant market paradigm shifts, said Tom Witthuhn CEO of Global Fashion Technologies. "We will be "Up Cycling" pre-consumer production waste textiles into high quality fiber and leveraging a very strong story of true sustainability."
"We believe it is time to turn sustainability idealism into practical reality by making a dramatic impact on global waste rejuvenation. The partnership between Pure System International and Global Fashion Group advances holistic earthly stewardship by the rejuvenation of hundreds of millions of pounds of fabric waste into high quality textile and non-woven products. The goal of communal sustainability will be effected through commitments with Fortune 500 companies worldwide. Pure and Global Fashion are pleased to foster an eco-revolution together." Joy Nunn, CEO, Pure System International.
The company is currently considering multi locations for it production facilities as it gears up for initial production in Spring 2015.
"We are pleased to be working with Global Fashion Technology to bring sustainable, superior performing fibers to the textile markets, including fashion textiles and non-wovens for personal care and home care. Our fiber technologies will provide a step change to customers seeking superior performance with a sustainability edge." Paul Serbiak, Managing Partner of Pure.
Chris Giordano, Global's Co-Chairman exclaimed, "This is a landmark event for our shareholders. It is marked by cutting edge technology and true "brand identification" for the products associated with this process. This is truly extraordinary given the limited major breakthroughs in textile technologies in recent years.
Secondly, there is an extremely large market for our end product. Our customers are not only getting the best textile fiber available but will be able to work with us as leaders in the drive towards sustainability. This could very well create a paradigm shift in what is done with waste cotton since this we now have "one of a kind" patented technology that is highly innovative and very difficult to reproduce.
Global Fashion Technologies Inc is dedicated to marketing branded apparel and related textiles throughout the worldwide markets. Pure System International and Pure Sustainable Product Technologies Inc are dedicated to finding innovative procedures to "up cycle" components found within the global waste stream to develop superior performing products.
ZZZZZZZZZZZZZ. If your nervous get some medication. They have medication for nervousness. OR SELL THE STOCK!
Have you been on vacation? It was done a week ago. The new symbol will be GFTI in about three weeks.
There are about 7-8 PPBLers and thats it. The balance of the 191 people forgot to remove this from their boards LOL
That will change and we wont be speaking here in the neart future. It will be Raging Bull etc.
GUMBIE? Hate to see you go. BUH BYE!!! LOL!!!
THIS IS THE MOST IMPORTANT INFO YOU CAN EVER HAVE.
The Company is remaining in both the apparel and technology business but technology as it relates to textiles. They will continue on with Avani and other labels they are looking to acquire but they are out of the distribution business and are concentrating on higher margin apparel brands they can either own or create. In other words 40-60% margins versus 15-20%.
Secondly, they will be well financed with both a debt and equity package that will allow them to do whatever they need to do.
Secondly, as exciting as the acquisition strategy is the real JEWEL here is the technology they will deploy in the textile arena by providing FIBER to insdutry. They have a technology that takes scrap cotton that is usually discarded or incinerated and turns it into individual strands of fiber that is in the same state as if it came off the plant. The other nuggets are that they also have technology that makes any textile they manufacture from fiber odor free and hypo-allergetic.
THINK SHEETS AND PILLOWS for the hospitality biz.
The other part of the FIBER business is selling back what he calls rejuvinated cotton to the industry players that use it most that are keying in on one of the most important buzzwords in corporate America. SUSTAINABILITY!
They have and endless supply for zero purchase cost. Over 10 Trillion LBS of cotton are thrown out each year from the 60 Trillion LBS that are produced. They only pay for shipping cost. They also are in late stage negotiations with several states to set up plants and production lines and should have their first one identified within the next 30 days.
If all this comes to pass we could have a mega deal here. They have 70% profit margins on production and are in negotiations with several different major companies for long term supply agreements.
You need to call and speak with people to get information that could be helpful as opposed to relying on assumptions and history and self imposed ignorance. They will always provide you with what they can without stepping over the line
CG is a friggin genious in my opinion. He did not sway, compromise or pay mind to all the nonsense here on this board and is just moving forward in a deal he calls a potential "GAME ENDER"
You will find that your .01 cent sale will be a fools pot of gold GUMBIE. Please dont toot your own horn. Its laughable. You are followed by 17 people and are always trying to be noticed by posting uniformed babble.
The revamp is right around the corner and this company is going to be on fire. If you only knew what I know. LOL
STOP grasping at straws and pick up the phone and call people.
The delay is that FINRA wants notarized copies of the officer signatures on a few documents. The CEO is in Vegas at a show and CG just signed his again today. Should be done in a few days.
The Genesis is about to start.
There is no acquisition here guys. You need to start thinking TEXTILE TECHNOLOGY so radical that it trades at a multiple of 30-40 times trailing 12 month earnings. And those earnings are going to be explosive in 2015. The short term will be filled with alot of news about partnerships/sponsorships with governments and contracts with major industry players. Hugo Boss? Who dat?
I speak with these guys and dont do guesswork. The second quarter is a ho hum boring number. They have been setting up for something huge and all the brand names etc they distribute are a spec of sand compared to what they seem to have and will announce in the near future. I am not saying what it is. If you need that info then you call him.
Based on what I know it blows all my former expectations away. DGOR your wish of getting out at BEven will come true soon. Sad to see you go!
I think Barney needs to go back to school. The math is always the same. And if you were a trader. Oh well. Trading in penny stocks is metaphorically like swimming in quick sand.
This never was and still is not INTC or AMD that can be traded on their anticipated bookings or charts.
Lets explain it in "see dave run" terms.
Does it make a difference if you have 10,000,000 shares at .007 or 29,000 at $2.45 per share? Its the same value. But the difference is that with a $2.45 cent stock the uplisting is going to be easier when they make application.
If there were a RM with the RSS and the RM was a piece of garbage, then you have reason to complain. I hope this clears up your confusions.
VOIP???? Are you serious? You dont get it here as to what these guys are about to pull off. Like it was said to me. If all checks out this will be the equivalent of MSFT in the textile industry.
VOIP??? You havent a clue.
DGOR, GREENBACK and MMMM Please show me a company here on this ihub board that went from $4.5 MM in debt to what is now almost no debt. Created a business that is about to ignite and also is going to pay dividends. Oh and has a world class management team and board.
Are you guys smoking crack? This is a miracle its even here my beloved green horns.
MMMM and DGOR
You said he said no worries? I just spoke with him and does not recall anyone emailing him where he responded no worries either then or now. He said please paste the email here on this site if he did.
His comment was "Every public company has worries. I have all the emails I answered and none of them have any insinuation of now worries."
So you guys need to stop the BS DGOR and MMMM and sell your stock. And yes he will end up with a ton of shares. But like he said he has fully audited invested capital and monies owed to him of over $1,000,000 between the Secured Debt and the money he lent the company etc.
What do you guys have invested here? $5000? Maybe? And you want to be on a par with him and management? Go find a penny stock to invest in and just stop wasting your time here. Happy investing
Nice to see a form of intelligent life here. Hang on we are in the throws of a real company and dividends to come. CG is delivering what he promised. The best is yet to come I understand. The volume today shows it.
Guys this is no longer a pure apparel play. If you look at the last announcement it stipulates a move into textiles as well.
I have spoken with MGMT since then and they basically said that the potential in textiles absolutely dwarfs anything they can do in apparel by a google. They also said that the evidence of such a statement was very close at hand.
So the distribution business into China, Korea and its ability to make this company into a profitable company is still there. But it will be a speck of sand on a beach compared to what they are working on it appears.
Yes all the above is true. W/O CG at the helm none of this would be possible. The fact that there is no activity shows how careful he was in not hiring any IR group until this thing was ready. No activity means no shorts and no longs buying either.
Except for those who know what he has gotten done in the past.
I think you are way off. $1.00 PPS? So in other words the company without any further dilution is going to be worth $260,000,000 from its $1,500,000 value today? Did they find the cure for death? Where did you come up with that? Please explain.
This is gotta see.
The Avani deal was closed and reported closed. It was filed with the State of California ans there was no need to do an 8-K since there was not a reverse merger but an aquisition into a subsidiary of the Company and was in the course of ordinary business my dear INTEGRAL.
Giordano is a banker and knows this stuff cold. He is not a CEO but as he said in his release about the Avani closing was the guy who got the horse to the gate and Tom Witthuhn is the JOCKEY.
You are a straw grasper and have baseless opinions it appears and anyone who wants to chastize Giordano for being a bad CEO is nuts.
Without him you would not even have had a shot. Now because he decided to get involved in this as he calls "was a pile of #%%^&" four years ago, you not only have a shot but a title shot grasshoppers.
He is going to make a fortune and Im going along for the ride.
You are nothing more that a pundit for someone. If you check you will see that the annoucement clearly states that Network One Financial is a licensed FINRA member and has 11 offices my uninformed gnome.
You are just one more in a long line of naysayers that will just disappear at some point like General Douglas Macarthur did when it all gels together shortly.
You will just simply fade away. CG is a patient and determined individual who has more money in this deal that this whole Premiere board does aggregately. He is extraordinarily adept in my opinion and really doesnt care what is said here it appears.
You havent a clue integral. Time will be your judge. And it wont take very long. LOL
I am here to educate and accumulate. But until the restructuring occurs there will be no volume worth speaking about. First close the JV then restructure the stock, announce a big contract with the finance in place and then the stock takes off.
NOT BEFORE THAT. Penny stocks dont ever take off except with cheap scummy promotions that last all of two or three days.
Gimme a break greenback.
There will not be any accumulating here. Only when the stock is restructured which needs to be done anyhow. Nobody takes a penny stock seriously.
Now look at this pityful board. This is the biggest thing that has ever happened to this company and I am the only two posts. :( LOL
Now I understand why he said he could care less what they say here. To quote him.
"IHUB and the posters on it are not relevant to the exercise and make no impact as to the price of the stock. We are about to become a completely different company and that Genesis began today."
Sure seems that way dont it? But the fact that it is not followed at all is the reason why there is the opportunity to accumulate this stock while nobody knows it even exists IMHO.
THIS LOOKS LIKE MAJOR NEWS
Global Fashion Technologies Group, Inc Announces New Joint Venture with Pure System International LTD
Kinnelon, NJ, July 15, 2014 (GLOBE NEWSWIRE) -- Global Fashion Group, Inc (OTC: PPBL) is pleased to announce that it has signed a Letter of Intent with Pure System International Limited joining forces to produce and market internationally branded PuraVida performance enhanced sustainable textile fiber. The Joint Venture will leverage Pure System's patented process to produce high quality textile fiber by the utilization of collected Smart Streams from fabric mills and cut and sew facilities globally that are normally discarded during the apparel production.
The Joint Venture's strategy calls for leveraging eco friendly and nanotechnology enhanced rejuvenated fiber to improve innovative products across multiple market categories, including apparel. Avani Activewear (www.avaniclothing.com ) plans to introduce both Women's and Men's high performance active apparel product with high performance sustainable fabrics at retail for the Spring 2015. The strategy also calls for multiple production facilities though out the world in order to effectively and efficiently serve the market.
Tom Witthuhn, Global's CEO, stated "We at Global Fashion Technologies Group are thrilled to be joining forces with Joy Nunn and Paul Serbiak from Pure System International to bring this game changing technology to market. Pure System's revolutionary process delivers on the promise of creating superior performance fabrics while dramatically reducing environmental strain. The natural synergy with Avani Activewear (www.avaniclothing.com ) makes this union a great fit for us. That said I believe the biggest winner will be the eco conscious consumer looking for superior active apparel."
Pure System's Senior Executive, Joy Nunn comments " I am excited to enter the world of apparel and performance nonwovens with Tom and his team at Global. This new sustainable technology is centered on revolutionary performance fibers and fabrics. "Our Joint Venture with Avani will create valuable jobs globally, rescue scrap formerly earmarked for landfills and give it renewed purpose, as well as advance healing for our planet."
Paul Serbiak, Senior Executive of PURE stated, "Avani Activewear made with PuraVida cotton fiber evokes your senses while allowing you to perform your best: bringing the familiar comfort of cotton together with high performance wicking and odor control. I call it high-tech nostalgia. Because fibers made with our patented process are rejuvenated, you can do something good for the planet while you enjoy the performance and comfort of a garment made with PuraVida cotton fibers."
Chris H Giordano Global's Co-Chairman commented "The partnership with Pure System International is an example of how Global's management is striving to make its mark by being extremely innovative in marrying leading edge technology with apparel to create a fabric and products with resounding qualities and true points of distinction.
It is our anticipation that both the technology and the products that spawn from this joint venture will set Global apart from other companies and create shareholder value beyond what we could have ever expected from just the sale of apparel. The next step has been taken and we have begun site visitations for perspective production facilities."
The parties anticipate rapid completion of the joint venture process and expect to be fully operational within the first quarter of 2015.
CONTACT:
Chris Giordano
chris@premiereopportunities.com
973-291-8900
Thomas Witthuhn
twitthuhn@avaniclothing.com
323-277-9090
Joy Nunn
joy@puresystemint.com
212-228-3070 ext. 101
Paul Serbiak
paul@purespt.com
212-228-3070 ext. 100
The Company really does not pay attention or seem to care what is put on this board. They realize that it is nothing more than a sounding board to be heard on from people that are grasping at straws. There is no IR campaign and will be none. So whomever wants to sell let it go.
If you dont take the time to speak with them then you are doing nothing but relying on the chimpanzees here who think they know whats going on. Or relying on those ridiculous and subjective news stories that look like they were written by a 12 year old that we have recently seen.
I take the time to speak to them every week and CG is just getting back from Berlin on what he called a potentially watershed business trip. Last week before he left did mention that within the next two weeks they will give clear direction as to what road they are going down and what it truly means for shareholders.
He said in his opinion it will all be worth the wait. He said do not pay attention to all of these things said here negative or positive becasue they are leading and inaccurate. He mentioned if you want to know whats going on then call or email us and we will tell you what we can.
He also said that they will be looking to hire a professional IR firm either late this year or early next. The name CCG Investor Relations, Crocker Coulson as well as The Torrenzano Group, Inc are whom they would look to hire after the company is restructured and ready for a new life as a new company with a clear direction and NASDAQ in mind.
Im all in baby. This guy is a genius and doesnt care about anything except building a monster company. He has done it three times before. FCFS which is First Cash Financial, Acclaim Entertainment which he was one of the original bankers on with the reverse merger they did. It had a 15 year run before collapsing in 2004. The as well there was Coastal Energy which was bought for over 2.2 Billion. Forget the smaller ones in between. These all went to valuations of over $1 Billion.
But as he said, "Good food takes time. We are building a company here not a stock. The stock will follow in time. If you want a fast meal then go to Mcdonalds or the hot stocks section of this web site and get whipsawed"
I love this guy.
Have a nice weekend everyone.
Yeah right! LOL
Then sell it nitwit
Yeah they kicked his fat ass outta there fast. He is a disgusting pig.
News worth reading. These guys are good enough to attract an investment banking firm with 11 offices.
LINK to Storyinsert-text-here
Premiere Opportunities Group, Inc hires Investment Banking and Advisory Firm
Premiere Opportunities Group, Inc (PINK SHEETS: PPBL) is pleased to announce that it has hired Network 1 Financial Securities, Inc as Investment Banker to the Company.Premiere Opportunities Group, Inc.
Kinnelon, NJ, June 26, 2014 (GLOBE NEWSWIRE) -- Premiere Opportunities Group, Inc ((PINK SHEETS: PPBL) http://www.premiereopportunities.com a design, manufacturer and distributor of upscale fashion clothing such as Avani Clothing http://www.avaniclothing.com and Cabe Studio http://www.cabestudio.com has hired Network 1 Financial Securities, Inc., as its Advisor and Investment Banking partner.
Network 1 Financial was established in 1983 and is registered as a broker-dealer with the SEC, licensed in 40 states and Puerto Rico. They are an introducing broker-dealer and registered FINRA market maker as well.
Chris H Giordano, Premiere's Co Chairman and President exclaimed " Network 1 Financial was a perfect choice for our firm. The firm offers a full scope of investment banking and advisory services and its principals have tremendous expertise and success in advising and financing the development stage and entire spectrum of nano and micro cap companies. We wanted an investment banking firm that was not transaction oriented but focused on the long term success of its client and acted more like a partner with the company as opposed to a capital source. We were very much attracted to the attitude of the firm which is self described in one of their profiles.
"We are not just a "transaction oriented" investment banking firm. We are committed to the long term prospect and growth of our clients. We realize that once we are engaged by a company, its financial concerns and well - being become our concerns. We pride ourselves in understanding the clients' long term goals and ambitions and help them achieve success. Working with our clients to unlock shareholder value is our main objective."
We look forward to a long and meaningful relationship between Network 1 Financial, our company and its shareholders. We are excited to have them as our partner and with their assistance we will be able to explore the best ways of unlocking the shareholder value we have created and will continue to create.
Good he said he is not interested is speaking with you. LOL
All the dividends will be distributed when the companies have public markets around the stocks. There are two of four which just passed thru the SEC hurdle and now are filing for trading thru FINRA
Luminx is now known as Direct LED, Inc. It was approved by the SEC and now is filing its 15c2-11
No what I am saying is that this company does what it says and that and a CEO is allowed to discuss the future with his shareholders my ruffle feathered gnome. He has openly discussed reverse mergers and joint ventures in 10Q's interviews without getting into specifics and thats within the boundaries.
I hope Schultz sells his shares which we would be happy to buy at these levels if he is interested in selling. Ill buy them all if he really wants to sell.
Going to .00001 then a reverse. Better sell it while you can.
If Johnathan Schulz were to sell his shares it would make me so happy because I would be the one that would file the 13D by buying them all.
I dont think he will be selling and if he does he has to file a
FORM 4 showing the sale each time. Please sell your shares Johnathan. If you want to make a private sale to me I will take them all at .0025. And I am being serious. Have your representative contact me here and we can go from there if it is true you want to sell Mr Schultz.
Why would he want to sell his shares anyhow? There is a major deal coming down the pike shortly is my understanding according to the rumor mill and it will change the face of the company forever. Our CEO and President have engineered it supposedly.
If anyone knows about it I would imagine Mr. Schultz would.
You need to sell your stock if you dont have the financial means to stay in or add to your stake. This company has no IR program and wont have one until they are uplisted next year. And that will be with a professional IR firm not a fly by light group out of San Diego or NYC. MGMT doesnt believe in it and all of us here know it is a complete world of liars and animals that are involved in that game.
So if that is what you are looking for then sell the stock becasue it wont happen here. This is a classy group of people who have been involved in billions of dollars worth of value creation in both the public and M & A markets.
They hardly need our approval.
Thank God Gumbie! I take it you have no reason to be on this board any longer since you are OUT?
The debt is held by the company Chairman and thats the only valid debt $900 some odd thousand. The accrued salaries will more than likely be forgiven according to them and the $250,000 convertible note will be written off next quarter after it becomes 6 years old and thats under a Nevada Statute.
So when a substantial reverse merger occurs the $900 some odd thousand held by CG will convert to equity. And there will be no debt at all. Just a profitable company looking for an uplisting.