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Try doing some DD... even a little bit of DD would answer it clearly to the average moron.
It's going to $4.00
In the end, it won't matter.
I think the term you're looking for is "Dunning-Kruger Effect".
It's good to see you, 444.
"HAHAHAHAA....Evidently NOT!"
There is absolutely no 'evidence' showing otherwise. You've been asked a few times already to provide that evidence, and it still hasn't happened.
"I don't know why peeps keep trying to use that reason/excuse when it's obviously not the answer."
It's a reason; not an excuse. Again, provide evidence showing that it isn't the answer.
"Any legit company that wants to go public does it RIGHT, and speed is not a factor."
And yet, there is nothing WRONG with going by way of reverse merger. If it was, it wouldn't be a legal option.
After asking that question fifty times, I'll answer it. The reason they're going by way of reverse merger rather than IPO is because a reverse merger is a faster way to get into the market. I've heard people complain about how this is taking too long. That's right. It is!
It's taking so long because the morons who run FINRA hire people who aren't qualified to do the job which keeps the pay scale down, hence, why it takes 10 times longer to complete a process. I've talked to several brokers and lawyers about this over the past few months, and they all say the same thing. FINRA is a headache to everyone!
A reverse merger, which is supposed to be a quick process, is slowed down to a snail's pace thanks to FINRA. Thanks to FINRA, an IPO goes even slower, therefore, reverse mergers are becoming more popular.
Does this answer your question for the 50th time?
News better come before 10/8 or we will pay dearly.
Not dearly, but cheaper. Some of us keep taking advantage of the dips.
$GIFA
That one is not this one, and when people claimed that the name change would not happen here, it did.
$GIFA
"With the reverse split looming over the stock the tape suggests, there is still a lot of fear with this play"
I would love to know how the tape could possibly 'suggest' any such thing.
$GIFA
No, not traders. Only the suckers.
Who cares?
You've got that right, brother. All one has to do is read the NVSOS filing from October of last year. That is evidence enough that the merger has been carefully planned out. Good post!
$GIFA
FINRA is certainly slipping, no doubt. They dropped the ball here, abetting a scam by incompetence.
Show the evidence.
Nicely stated. We'll know for sure what we're dealing with after we receive the fins.
$GIFA
Firstly, this isn't Dolat. Secondly, if FINRA habitually made those kinds of mistakes, they'd be out of business.
$GIFA
No, it is not likely to be bigger than that. Based on the information we have currently, the company is worth maybe $500 million.
You don't flip a billion dollar confirmed reverse merger for peanuts and expect to re-enter for peanuts.
How do you know it's a billion dollar reverse merger without seeing the financials?
LOL what a joke.
No, it is not without question. You are speculating based on what you've seen with other companies. That makes your ASSUMPTION worthless!
so since you are so sure of your self...show me a company that has moved to the Nasadq without one...I cant wait to here your response
Since I'm so sure of myself? Did you even read my last post? I said you don't know if there will be a reverse split any more than anyone else does. You're the one speculating, buddy boy. The burden of proof is on you!
Current information does not exist. ….. is distinctly different from saying they didn't follow their own guidelines.
Sheesh Louise man.
Apparently FINRA didn't follow their own guidelines, same as with Dolat.
What is your evidence that they didn't follow guidelines here?
Apparently FINRA disagreed with you.
I think you meant 'evidently'. There's nothing apparent about this.
$GIFA
Ridiculous. The price will go down, sure, but sink like a rock? I think not.
$GIFA
Just keep referencing the DD provided, my friend. Everything else is just noise.
$FRFS $GIFA
Sounds good.
Total Bullshit! Pacific Stock Transfer does not have information on if the company submitted any new filings with FINRA!
I urge everyone to call or reach out to Pacific Stock Transfers and inquire on whether or not FRFS submitted filings to FINRA. You will most likely get a response like this...
"I have no information if the company submitted any new filings with FINRA, you would need to reach out to the company directly for this information."
It's not a great question, and I gave it a valid answer.
Let it bleed then. I have plenty of cash if it continues downward.
Total Bullshit!! The T/A only provides share structure data to FINRA.
Did I say they provided share structure? Nooooooooo. I said they provided all paperwork that FINRA requires.
Don't twist my words around, Awchie. You of all people should know by now that I'm not sloppy enough to fall for the curve balls.
"There is no proof available that GIFA has been in contact with FINRA at all."
Uhhhhh yes there is.
Call Pacific Stock Transfer at 1 (800) 785-7782 after 11:30am EST.
Ask for "Shareholder Services", and you will be connected to one of the following people:
Jackie Garcia, Michelle Husted, Maria Torres, Deidre Maestas.
Any one of them will tell you that all paperwork has been submitted to FINRA.
FRFS cant even keep the OTC up to date with whats going on. If its wasn't for SEC filings about historical financials for over 2 years ago and a verified T.A. there wouldn't be any info at all.
What are you talking about? FINRA has every ounce of paperwork they require of Gifa, therefore, the hold up is because of FINRA. As of now, all is up-to-date. It's called "process".
"If GIFA was worth a mention in any reliable financial news outlet, the going public of the company would have been mentioned. Get it?"
I've seen a few RMs happen over the past several years that didn't have any hype whatsoever, and guess what? The companies are doing well!
It might be time to consider concocting another argument that appears to be valid. This one has gotten old in a rancid way.
This so called merger is a non starter and FINRA is going to stop this in its tracks and probably already has done so.
Uhhh no. FINRA has had all of their paperwork for a few months now. If they were going to stop it in its tracks, it would've happened already.
Nicely written, Owl!
...and nobody else coming here is frustrating, right? It's just me!
The shares are fundamentally undervalued. This is a complete gold mine.
Any price below $3 is undervalued.
Don't worry. This will be a jackpot before you know it. Check my latest tweet.
I wasn't speculating anything. The stock was shut down by the SEC, and now it's on grey sheets. In order for it to become current again, they must follow through with steps required. The other poster said it's dead and will remain that way. That is pure speculation. I will not speculate on whether or not that's true because I don't know. Hence, why I said I do not speculate!
What's so difficult to comprehend here? It isn't rocket science.