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Whoa. I think I've shared DD on the Paranotek Team with you several times so you would know by now that Lauri and Johannes are in their mid twenties with over 20 years of work in the computer field. Would you like me to provide their backgrounds again? The DD I've shared also tells the story of Mick Davis' 30 years experience with DOD. Would you like me to provide that DD again as well?
Hey THall,
I think we have discussed all these topics quite a few times. Let's try again.
WRFX is worthless? The current Market Cap, 0.0009 X 4.464 = $4m, suggests that the market deems WRFX is worth $4m.
WRFX is a pump and dump? No one has shown evidence.
No product? Several products already shown. A patent for the PARANO PROTOCOL HAS BEEN FILED. DEMONSTRATION OF THE PARANO CHAT APP MAY 12th.
No Revenue? You are correct. Let's see what their revenue projections are with the Reg A filing.
Massive debt? They do have debt. Let's see how they make progress on closing deals for the licensing of the PARANO Protocol.
Hey True, what's your take on the current chart for $WRFX?
I came across this brief charting video on inverted hammers somewhere . Gives a good explanation to the chart I just posted on WRFX
You are correct to a certain degree with your concerns here. While WRFX has signed and agreement with Carden Capital to invest up to $16 million in a Regulation A + offering,
It “doesn’t exist” as of yet. As we discussed yesterday, WRFX is in the final stages of preparing the Reg A filing for submittal to the SEC. I look forward to WRFX earning the market’s, and your, trust and respect.
WorldFlix Secures up to $16 Million in Carden Capital Deal and Hosts Facebook Live CEO Chat
Source: InvestorsHub NewsWire
WorldFlix Secures up to $16 Million in Carden Capital Deal and Hosts Facebook Live CEO Chat
Los Angeles, CA -- April 05, 2018 -- InvestorsHub NewsWire -- WorldFlix, Inc. (OTC:WRFX), and its global cybersecurity software subsidiary Paranotek, is proud to announce that it has signed an agreement with Carden Capital to invest up to $16 million in a Regulation A + offering. Carden Capital is a registered investment advisor based in Colorado that manages a variety of public and private market investment strategies for high net worth and institutional clients. Additionally, Carden Capital’s extensive expertise and blue chip investment banking background in structured solutions allows them to tailor their funding solutions to the specific needs of OTC high growth companies such as WorldFlix. Additionally, Carden Capital has over 40 million dollars in SEC-registered assets currently under management.
Gavan Duemke, Managing Partner of Carden Capital, confirmed, “We are very happy to be working with Brad, Mick, and the rest of the WorldFlix team, to help them execute on their business plan and bring their groundbreaking technology to market. We believe strongly in their encryption technologies as well as their ability to execute on their business plan to capitalize on the Company’s products both here in the US and overseas.”
Brad Listermann, CEO of WorldFlix, added, “We have been looking forward to finalizing funding with an exclusive, well established capital partner with experience supporting high growth OTC companies. Company management has decided the sell the Regulation A + offering exclusively to Carden Capital as we believe opening up the offering to the general public could create unnecessary downward market pressure. By selling to only one institutional partner with anti-dilution agreements in place, WorldFlix can better prevent unnecessary dilution and better manage when and how much capital we raise. We are looking forward to a successful partnership with Carden Capital. ”
WorldFlix CEO Facebook Live Event
On March 20th, CEO Brad Listermann hosted a Facebook Live event to discuss recent updates on the Company and to answer live questions from shareholders and other interested parties. The live event was very well received and has gotten over 1.8K views. During the live event, Listermann interacted with online viewers and discussed a wide range of topics to include:
The WRFX Regulation A + Offering
Benefits of the OTC Marketplace
Paranotek and the Parano Encryption Technology IP Protection Status
Upcoming Encrypted Chat App Demo
Artificial Intelligence Plans
Technology and Application Revenue Status
An archived video of the live event is available on the Company Facebook Page under Videos and is titled ‘Brad Listermann, CEO - WRFX Live.’ or directly at https://www.facebook.com/worldflixinc/videos/1919855814754667/
About Carden Capital LLC. (www.cardencapital.com)
Carden Capital provides a comprehensive suite of Smart Correlation™ Investment Strategies for institutional and individual clients, designed to outperform benchmark indices on an absolute and risk-adjusted basis. Carden Capital’s Smart Correlation™ Investment Strategies seek a high correlation with their benchmarks during bull markets and an inverse correlation during bear markets, thereby offering strong diversification benefits for investors.
About WorldFlix, Inc. (www.worldflix.co)
WorldFlix, Inc. (OTC PINK:WRFX) operates in a niche business space within the technology and entertainment sphere. WorldFlix divisions include AppFarm, an investment ecosystem for acquiring, developing, and growing niche apps for mobile and tablet devices; Drobbits, an interactive platform that allows users to create, play and monetize their own video games; Paranotek, a security technology and design company that incorporates its military-grade, proprietary security and privacy features when developing software and apps; Swantry, designed to allow parents to ensure their child is safe on their mobile device; and WorldFlix Entertainment Management, a television and movie development and management business. For more information on WorldFlix, Inc., please visit www.worldflix.co.
About Paranotek (www.paranotek.com)
Paranotek is a partnership between WorldFlix, Inc. whose foundation began as a Finnish technology and design company working with US partners. Paranotek's products range from securing big data storage, virtual private networks, cryptocurrency safety, file sharing and instant messaging services to various enterprise software utilities, all based on our disruptive security technology. While other popular apps, software and services collect your data, Paranotek's unique security technology never collects user data, thus providing an extra layer of enhanced privacy for our users. For more information on Paranotek, please visit www.paranotek.com.
FORWARD-LOOKING STATEMENTS: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. These statements are based on current expectations and are to a certain degree uncertain. Words such as expects, anticipates, intends, believe, plan, will and similar words are expressions intended to identify these forward-looking statements. These statements involve risk and subsequently are difficult to evaluate. Actual results may vary from descriptions herein due to many factors including but not limited to changes in business conditions, changes in laws and regulations, problems encountered in exploration and obtaining permits, changes in the competitive environment, technological advances, shortages of skilled workers, the need for additional capital and other risks listed in the company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made, and the company is under no obligation to update them.
For more information, please visit: www.worldflix.co, www.paranotek.com, www.swantry.com.
CONTACT INFORMATION
WorldFlix, Inc. (OTC:WRFX)
Brad Listermann
Chairman and CEO
(310) 684-2462
brad@worldflix.co
I’m sorry, I’m not sure what you are referring to with this statement. You’re saying the patent pending encryption technology is imaginary? They filed a patent for something that doesn’t exist?
$WRFX.
Mick Davis spent 30 years in the department of defense, in the intelligence community, working on Cyber. Counterespionage. Counterterrorism. During his Cybersecurity research he came across the Parano protocol and was so impressed he travelled to Finland to meet the Finns behind it. The technology was so "amazing" as mick states. "I definitely had to stop everything I was doing and come and start working with these guys.”
I agree with that. Churning right here and just out of trips would be a great “higher lows” base formation.
Agreed. Hard for me to time these runs, but I’m ok with higher lows in the long haul as well. 0.0012 looks to be the next stepping stone. But the chart shows bottom and reversal so with the right catalysts abs buzz ya just never know .
Glad to have you here 85. I’m sorry I wasn’t aware of your long history here. I agree with you this is setting up for a mega run that will make the last run look like a teaser.
$WRFX
Mick Davis spent 30 years in the department of defense, in the intelligence community, working on Cyber. Counterespionage. Counterterrorism. During his Cybersecurity research he came across the Parano protocol and was so impressed he travelled to Finland to meet the Finns behind it. The technology was so "amazing" as mick states. "I definitely had to stop everything I was doing and come and start working with these guys.”
Parano Protocol is based on multi level security. It’s like having not just a key at the front door of your house, but also keys for all rooms in your house, all drawers in your house, and all containers in those drawers.
"It's Horribly Exciting, and it's frightening honestly because part of the challenge of being an overnight success is that it's taken 30 years of research and experience and exploration to understand what is possible to become an overnight success in this particular protocol."
Mick Davis, CEO Paranotek
POST-QUANTUM RESISTANT RATCHETING CRYPTOGRAPHIC PROTOCOL FOR EXCHANGING DATA SECURELY BETWEEN ELECTRONIC DEVICES.
PATENT FILED, 7/24/2017
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=176266
“Our solution is not network-centric, nor system-centric, it's data-centric. The smallest piece of the puzzle that we all share is data. We're protecting data, not the system, not necessarily the network(that's a fundamental flaw in which most solutions are architected).
Most (Cybersecurity) systems today use encryption, but they use encryption that was designed thirty years ago and now with quantum computing...quantum computing can actually break, like a code breaker, encryption so all of our banking, all of our passwords, all of our credit information is going to be exposed.
We are looking at a post-quantum, computing encryption methodology which is very complex so post-quantum computers can't actually break the code.”
-Mick Davis, CEO of Paranotek
We should be back to 0.002 relatively soon. Reg A any day all day
https://www.sec.gov/oiea/investor-alerts-bulletins/ib_regulationa.html
What is Regulation A?
Regulation A allows companies to offer and sell securities but with more limited disclosure requirements than what you would currently expect from publicly reporting companies. In comparison to registered offerings, smaller companies in earlier stages of development may be able to use this rule to more cost-effectively raise money.
Per these guys Avg is 71 days
https://www.manhattanstreetcapital.com/faq/for-fundraisers/get-your-reg-offering-qualified-sec
Based on what I am seeing out there it looks more like 45-90 days for approval of a Reg A and then funding is available right after.
Looks like the next livestream will be on May 12th to demonstrate their secure chat app.
I look forward to Brad earning your, and the markets, trust by following thru on this and all other benchmarks in the future.
You are correct. They have not filed a Reg A+ to date. I do look forward to them following thru in the near future. If you following the companies discussion about said Reg A you’ll see a lot of definitive progress is being made. I look forward to them earning your, and the markets, trust and respect in this regard.
You are not correct in that they do actually have product. One of them is the Paranotek secure chat app that will be demonstrated on March 12th. I know it’s not revenue producing, but if it really is THE MOST SECURE CHAT APP ON THE PLANET, that sounds quite promising for itself as well as a good demo to showcase the encryption technology to other potential licensing customers. I do look forward to revenue generation and seeing the market turn into a believer.
I look forward to the company following thru on the Reg A+ filing in the near future and earning the trust and respect of the market in this regard.
https://mobile.twitter.com/worldflix?lang=en
Huggy. Here is a link to several updates regarding the Reg A+
Upon lawyer approval I believe was the caveat to that statement Huggy Bear
Reversal Time. Point of maximum opportunity. The charts show it. The company is regaining its footing with multiple highlights in near future. For any still around who bought in at the highs, this is the chance to average down and earn your just deserve. Don’t forget what happened last time at the height of the euphoria. That’s the point of maximum risk. Trade accordingly. Buckle up and good luck. $WRFX
$WRFX. Reg A anyday. She is primed.
$WRFX. Bottom
$WRFX. Encrypted chat app demo May 12th.
$WRFX. Cybersecurity. Encryption 10 years ahead of current tech. DOD expert w 30 years experience.
$WRFX. 0.0009. THE MOST SECURE CHAT APP IN THE WORLD
https://mobile.twitter.com/ParanotekLLC
$WRFX. Are you ready for the next run?
Wrfx. Reversal beginning.
Good Morning TEAM PARANOTEK, FINLAND:
Lauri and Johannes.
This is Radio WRFX coming to you this Saturday morning 8AM in Finland with a heartfelt shout-out. All us loyal WRFX shareholders really appreciate your wizardry and hard work!