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Here is our guy. Sam Yaffa. Lots of news on this guy if you search for him. It’s hot or miss on what the share prices of the tickers did that he has invested in with Triton and White Lion.
https://csunshinetoday.csun.edu/business/csun-student-creates-25-million-investment-capital-fund/
Boom! Huge T Trade of over 5 milly. That’s dilution.
Good point. And good riddance. Sorry it didn’t work out but the toxic notes gotta end. And that’s the only way to end them. Kill the business. Bye bye BLF. Maybe that was Anshu’s plan for awhile since realizing he is at the mercy of Covid. I know MLB is gonna try and come back, but I don’t see it happening. You think those guys can go three days without sex? Not a chance. Same with the NBA. There is no way these guys can follow the rules of the “bubble”. Infections will run thru teams just like it did in college football locker rooms when they started working out. See K State, LSU and others. I don’t think it poses a serious health threat to those guys, but it will spread quickly nonetheless.
I think people that bought this low might hold for a penny. If the right news comes and with the build up for possible profit for Q3, I think a lot of the buyers down here will hold. I bought in the 90’s, 80’s, 60’s, 40’s and 30’s. I will certainly be holding for awhile. It’s a lotto ticket for me. Probably a loser, but I’m playing it like a lotto ticket. Shitty scratch off. Lol.
I think they should just drop the pallets of gummy worms on the doorstep of the lender. It’s a comical situation for this company to be in. But my guess is that Wheeler is gone. He was president of BLF. If BLF is gone, then Wheeler’s salary is off the books. Fine by me. Helps the bottom line.
The need for toxic lending without BLF is minimal. So that’s a positive here. ZC Scam apparently finds itself according to Anshu. And the new subsidiary, Pachyderm Labs, would be the only thing we would need to find with bullshit notes. And that’s a maybe. We don’t have the particulars on that just yet.
I love the BLF product. Love the packaging. But won’t miss the toxic notes and continued negative burden it puts on each quarterly filing.
RIP... Big League Foods
Because Anshu is a selfish prick. Think about it... Look at the last Q and consider the circumstances in which he collected that fat check.
Selfish prick. Or lazy beyond comprehension. All it takes is two minutes to let his shareholders know the situation with the note due yesterday.
I’m thinking they may have let the burden of BLF go. Wouldn’t shock me one bit.
You have a hearing block. How many times does the CEO have to tell you that. He even spent a few minutes discussing the seasonality of the candy in the CC.
TAM is already profitable if they never sell another mask. That’s from your fearless leader.
But I know where you are coming from since you said the BLF product wasn’t considered a “seasonal” item.
Three legs profitable equal...
GCC
TAM
Pach Labs
BLF has zero chance to be profitable for some time. Might not even belong to Verus as of this morning.
I hope he doesn’t. Good riddance to BLF. All it did was get people’s hopes up while delivering close to nothing. Great product but they simply don’t have the cash to execute to plan. And covid killed sports.
.002’s coming. I think this speaks volumes to the lack of confidence in Anshu. BLF might be history in 2 hours.
Lol. New 52 week lows. My small buy at .0034 yesterday looking like shit already. Lol.
Perfect. Then quite frankly, I hope they don’t pay the note off and can just let go of the Gummy Bear idea. Again, great product, but in these uncertain times, it’s a risky venture for retail stores to mess with MLB licensed products.
And the costs have FAR outweighed the revs.
I say, let that shit go. And whoever the lender was can deal with that mess. Lol. Probably looked like nice collateral when they signed the loan. Now... not so much.
Wow. Great work. Looks like you connected some dots there for sure.
Is the note not convertible to shares?
I would agree. But isn’t this note the one that uses BLF as collateral? To me, that changes the narrative. If Anshu sees BLF as a losing cause with Covid still wreaking havoc on the sports landscape, this might not be a bad move to let it go. Would giving up BLF allow us to not have to pay the note? If that’s the case, I wouldn’t be shocked if they don’t pay it.
Perfect timing. Ian Ron Anshu has been giving away masks for months. Sounds like we found our niche!
This morning is a classic example of the “problem” with the current state of this stock. And it shows that the massive buying of late has not been typical retail loading.
Here is a quiet morning with the two known stock killers (OTCX and CFGN) completely out of the way. And “small ball” retail doesn’t have the confidence in this stock to buy it up at these levels and easily move this PPS up into the .004’s.
It’s telling. And it shows that people are waiting on the sidelines to see if Anshu can follow thru on his words to try to pay this note off. I think his words were “it is our intention to pay it off” it something to that effect.
Pretty sad that shareholders do t have confidence in him to follow thru with this in a timely fashion. If they did, they would be scooping the .003’s in anticipation that he would absolutely follow thru. It shows how badly his credibility has been damaged by defaulting on the previous loans with the 10K disaster.
Doesn’t take long to screw up your reputation in the OTC. He was once the Prince of this shit hole. Lol.
He just doesn’t see the significance in keeping his shareholders informed. I’m hoping he has gotten enough requests via Mark to understand that this July 1 note will significantly affect trading of HIS company’s stock one way or the other.
OTCX and CFGN are back of the bus right now. Time to get through a couple retail sellers and move this up a bit.
I missed that. Thanks Z.
Yeah. I think when he said potential customers, he meant bigger buyers. Not people like you and I who ordered small amounts. Just my opinion.
I don’t remember anyone asking about those orders. I finally got a refund from PayPal so I’m free and clear from ZC Scam at this point. I thought Anshu’s comment about “doesn’t matter if we ever close another PPE deal it was still a good deal for Verus” was ominous.
This makes me laugh. Lol. As much as I make fun of this character, I do sort of miss his silly posts.
Who cares? They have spent millions in toxic notes and have less than $100k in revs to show for it. Wouldn’t bother me at all to see it go hasta la Vivamil.
I love the concept. Think the product is quality but the costs far outweigh the revs.
Got it. Last time there was a private sale they filed the SC 13d the same day. So maybe that comes later.
So is my math correct...
23,000,000
100,000,000
100,000,000
He has now sold 223,000,000 shares this month?
How can you tell it’s a private sale? The transaction codes?
Good point.
That’s a great point. Except Anshu said AG has nothing to do with Pach Labs in the CC.
I guess we need a statement from Anshu in the next day or so regarding that July 1 Note. Would hate to see that monster convert on top of the big selling from AG or whoever.
If he flubs that, then this goes to trips in my opinion. That would break the backs of even the most loyal shareholders. And I will buy a lot of shares at that level should we go there.
As I said earlier, if the transaction is to sell 250,000,000 shares, that might take a few weeks to complete. No different than when Warren Buffett sold his airline shares. He was a 10% owner and did t have to disclose that until he was done.
If Buffett had to disclose that on day one of that transaction, people would have been selling like crazy. Instead, he gets out after a couple weeks of selling, then announces his transaction. And then people sell like crazy after he is out. Lol.
All highly possible. This sustained period of CFGN makes me think he is selling more than just 100,000,000 this time.
That’s my belief. And I think it will take a few weeks for him to sell 450,000,000.
I would guess he has disposed of almost 200,000,000 at this point. So probably another two or three weeks of CFGN squatting unless AG decides not to sell his entire position.
Just my theory on all of this. Time will tell.
I’m not sure how that works. Maybe he files the Form 4 when he has completed his transaction? If his transaction takes a week to complete, then maybe it gets filed when he is done?
Kinda like when Buffett announced he had sold his airline stocks. He had over 10% of the float of Delta, for example. He didn’t sell all that in one day. It took weeks. Only after he was done selling were the Form 4’s filed and the Press Release of him making that announcement.
When AG sold 23,000,000 he did that in about 2 days. Then filed.
If he is currently in the process of selling almost 500,000,000 shares, that’s going to take some time. And maybe he only has to file when the transaction is complete. That makes sense to me. Otherwise, he should have to file one every day he sells a small chunk? He shouldn’t have to tip everyone off that he is selling.
I’m suggesting the Form 4 comes when he is done with his intended transaction.
Anshu can not possibly be telling the truth when he says he thinks it’s just a liquid stock and this trading is not abnormal below a penny. That’s complete bullshit. He knows damn well who is selling.
New 52 week lows again tomorrow. Better brace for it cuz it’s coming every day until this selling is done. Sad but true.
I don’t think paying off a note ON TIME makes you NOT a bumbling clown.
Let’s hope it stays that way for a few hours. This will move fast if people think CFGN is done. That was a lot of volume for him in 90 mins.
Tool. You nailed it!!! Lol. That’s the funniest post of the day. Can we sticky this?