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Compilations
In accordance with the Accounting and Review Services Committee of the AICPA, Berman Hopkins performs compilations of financial information.
These do not require inquiries of management or analytical procedures.
Instead, we rely on our knowledge of accounting principles and a general understanding of your business.
In a compilation engagement, we will present the information obtained from management in the proper financial reporting framework.
However, we will express no opinion or assurance to the accuracy of the information.
Morons walking all over each other
Typical manipulation attempt, to try and get buyers for GIFX.
Another fail!! First off, other traders jumped in with lower ask offers, to dump their shares. Secondly, it appears all the manipulation buying dried up, even after the ask/offer dropped .
This, again, is going nowhere. Kisa has marked this as Caveat Emptor, by touting false claims of Crypto , fishing fleets, airlines, retirement communities and GIFA Land. Add to that financial crimes ,whether he does as the court orders or not, he is still guilty. If he were not, he would not have to do a thing.
NASDAQ? Another pipe dream. With all this baggage, it is more likely the SEC will suspend GIFX, rather than see it traded on NASDAQ.
That is on every companies filings they file. So none starter
I just went to OTC Markets to check a few financial reports filed by other OTC stocks and I could find noe with that disclaimer by an accounting firm. So, GIFX is unique, in that the Accounting firm put that note on each page of GIFX financial reports.
Fact is, this is the first time I have ever seen such a note attached to a financial report, as filed on the OTC. Obviously, Berman Hopkins is covering their ass by putting their name on those reports.
I mean, who would not believe a Billion $ company CEO? LOL!!
And, they terminated Mr. Yusuf Kisa.
What do you mean "They terminated Yusuf Kisa"?
And Berman Hopkins? Did you read the bottom of each financial page?
"We do not provide any assurance on these financial statements."
I think we are good to go on Nasdaq.?
What? They can't even trade on the OTC? Why would they qualify for NASDAQ?
In addition, they would have to complete and audit and their current accounting firm will not verify any of the numbers they are getting from Kisa. NASDAQ for GIFX is just another phony promo schtick by Kisa. Pretty much like the phony GIFA Token.
I'd say huge gainer in the ole OTC soon.
Only if they can get rid of the Skull & Crossbones. LOL!!
They have been current for months and yet can not be traded in America.
I'm going to read the toilet paper filing cover to cover and word for word by tomorrow AM
Here is an interesting tidbit..........................
The GIFA Exchange Platform and GIFA Token were intended to be assigned by Mr. Kisa to
be formed special purpose companies, which was intended to be acquired by GIFA Holding
Ltd. However, as of June 1, 2022, and due to the downturn and crisis in the crypto, digital
coin and the token market, Mr. Kisa decided to terminate all plans to transfer ownership or
control of the GIFA Token and GIFA Exchange Platform to either the Company or GIFA
Holding Ltd. Neither the Company nor GIFA Holding Ltd. Have had any ownership rights in
the GIFA Exchange Platform or GIFE Token. It was previously intended for the special
purpose company to be acquired by, and become a subsidiary of GIFA Holding Ltd after
formation. The Company intended to use GIFA Token in financing and crowdfunding real
estate projects.
NOTE R - DEVELOPMENT OF GIFA TOKEN (GIFX) PROJECT (continued)
Accordingly, there will no longer be any direct or indirect relationship or any business
connection between GIFA Token, GIFA Exchange Platform and GIFA Holding Ltd. and the
Company. As a result, neither the Company nor GIFA Holding will have direct or indirect
involvement in creating, distributing, selling and circulating the GIFA Token through an initial
coin offering (ICO) process.
Accordingly, since neither GIFA Inc. nor GIFA Holding Ltd. no longer plan any involvement
with the GIFA Token or GIFA Exchange Platform, neither can opine at this time regarding
whether the GIFA Token would be considered a security under applicable U.S. law as this
is now irrelevant consideration.
Due to the change in plans to acquire the GIFA Exchange Platform and GIFA Token as a
special purpose company there will be no further need to mention this in future quarterly or
annual financial statements
As best I can tell - this Anthony law runs a sort of loose "affiliate network"
There is also another outfit in St. Louis (Stock Legal) that lists a Jessica Haggard.
But Anthony Law is still listed as a service provider, which means little, as GIFX is kind of lax in their updates.
"NEEDS A SMALL ADJUSTMENT" WTF ???
And a new name appears. Issuer's counsel: Jessica Haggard????
Has Laura Anthony bailed already??
According to the company profile page at OTC Markets, she is.
SERVICE PROVIDERS
Securities Counsel
Anthony L.G. PLLC
625 N Flagler Drive
Suite 600
West Palm Beach, FL 33401
https://www.otcmarkets.com/stock/GIFX/profile
Yes - a case of DTPPSS aka DT PEE PEE SHIT SCAM ticker disease
Well Dragon Lady, I don't know.
Kisa is reporting that the GIFA Fleet's fishing nets are so full that the nets are bursting. That GIFA Land lines are so long that you are more likely to be in The GIFA Senior Village before you can ride the rides there. That getting a ticket on GIFA Airways require a 6 week lead time on reservations. And that soon, you will be able to get 3 Bitcoin for one GIFA Token.
And although Berman Hopkins can not guarantee the reliability of these claims, Laura Anthony spoke with Kisa and swears all this to be true. LOL!!
BOOM: Security details are updated when the Market Cap changes due to a buy or sell.
So, there is nothing either positive or negative concerning the updates from the Transfer Agent, unless it has to do with the increase or decrease of GIFX shares.
No increase or no decrease is tantamount to Ho-Hum.
Yah, a whole $394 worth, LOL!!
Yah, $10.00 worth LOL!! Nice paint job and cheap too. LOL!!
FIRE SALE IN PROGRESS!!!
ASK has dropped to .009 and 20,000 were just purchased. Blind Man's Bluff!! LOL!!
BINGO!! Someone sold for .003 and ASK has dropped to .0099.
Let the onslaught of dumping begin. LOL!!
And still no 2nd quarter financial report.
Sitck a fork in this PIRATE SYMBOL TRASH FOLKS - as it's gone and never coming back.
GIFX is basically one more scam from Northern Cyprus, a province for money laundering, a haven for crimminals on the run and scams galore.
If Kisa has not been able to get the Skull & Crossbones removed by now, it is almost certain that he never will. And that is sad for 2 reasons. Current share holders will suffer daily waiting for GIFX to trade normally on the OTC and those that got sucked into the GIFA Token scam, will also lose whatever money they wasted buying the token.
The SEC should humanely shut this thing down and end the continuation of false hope and prevent Kisa from passing this off to another scamster.
WELL -TODAY that ole number changed AGAIN and it increased aka DILUTION :
Anthony Law Firm and Berman Hopkins are probably the newest service providers that were promised dollars and ended up becoming shreholders of a company that can sell its shares only to Canadian dupes. LOL!!
[Laura Anthony] " But you told us that you had Millions in cash and more pouring in every day. Now you want me to take shares for the Attorney Letters I provided"?
[ Kisa } " Oh Laura dear, let's sit down and share some coffee. I'm going to make you a million Canadian Dollars. And don't forget, you can buy some GIFA Token with Canadian Dollars. By the way, you can pay the jailer for the Turkish Coffee on your way out. I am fresh out of Lira, at the moment and they won't accept GIFX shares".
Will be interesting if he makes a go at forging another filing or not this time ???
It is my understanding, from some of the SEC publications I have read, that the SEC and others, like OTC Markets and FINRA, now look at the service providers, as cohorts or promoters of such nefarious companies, such as GIFX and must also suffer scrutiny by those agencies.
So, the question now becomes, "Are Anthony and Berman Hopkins willing to become more embroiled in SEC investigations, by associating themselves with companies like GIFX"? Professional companies like Anthony and Berman Hopkins can have no upside to losing their reputations for the likes of Kisa and GIFX. There was a time when such sevice providers had a market, in itself, by representing scam companies. But the SEC, FINRA and OTC Markets are shutting down that niche market for scam service providers. If either wishes to survive and prosper, they may give some serious thought to disassociating themselves with companies like GIFX.
SHELL FOR SALE ...SHELL FOR SALE...
And it all supposed to be so easy. Set up a fake company. Include a financial subsidiary. Create a bourse for selling/trading company shares. And maybe add a crypto scam, as one alternative.
GIFX then perhaps becomes a vehicle for the largest Cyprus business enterprise. That being washing/laundering Russian Mob money.
Like a rat after the cheese, Kisa got snared in the trap. The trap being, a reformation of rules and regulations concerning OTC stocks. An OTC Pink once had no obligation to report any financial information. Perfect for Kisa to promote GIFX with a bunch of phony subsidiaries, with grandoise pictures, stories and videos of retirement complexes, theme parks, airlines, pharmaceutical companies and fishing fleets. Huge amounts of money being lent to mid-east companies, with little or no documentation required. Creating a perfect laundramat.
But, it now looks like no "CHEESE" for Kisa, as OTC Markets and the SEC have sprung the trap, with the new financial reporting requirements. Turkish officials once derided by Kisa, now hold his fate in their hands and Kisa may well find himself fighting with rats, in a Turkish prison. Oh for the dreams of Rats & Men, forever trying to steal the cheese.
how hard is it to know your own damn share count and get it accurate ?
Well, all the accountant has to do is,pick up the phone and call Pacific Stock Transfer (GIFX Transfer Agent). Even if Kisa provided the wrong share structure, a good accountant would make that simple call to verify it. No wonder Berman can not Guantee the Accuracy of the numbers in the financial report. Berman would not even take a minute to check with the transfer agent.
This is such a slipshod affair, the SEC and OTC Markets will soon end this sham.
Unless Kisa can con some dupe into taking this shell off his hands. LOL!!
.01 Bid wpied out...........
Looks like someone dumped 218,000 shares on the .01 Bid. Bid now at .002!!
Can you blame them? This scam will probably be revoked soon and share holders will become loyal GIFX Bagholders.
Dig this - it looks like what the TRNC con-man did was to ALTER THE ISSUED SHARE COUNT
Oops again Kisa-the-CON as your TRANSFER AGENT SAYS:
109,771,934 TOTAL shares issued and outstanding WTF
It's just one Big Comic ClusterF@(K !! And the Share Count by the Transfer Agent is "Transfer Agent Verified".
This gets to be a bigger joke every day, except to current GIFX Share Holders.
The new 1st Q report has been edited.
Perhaps I missed the editing. What portion of the GIFX 10Q was edited.?
this puppy is CAVEAT EMPTOR right up until the SEC/FINRA revoke the ticker me thinks
Well, this miscue is certainly not helping Kisa to get this current, so he can sell the shell. Kind of a sense of Karma here. I think Kisa swindled Harsh Shetty, when he got the shell from him, making Shetty buy the assets of FireFish from him, after buying the shell from Shetty. Probably at a cost near what Kisa paid Shetty for the shell.
Possible that the SEC will revoke this, before Kisa can sell it and recoup any money he paid for it. What goes around comes around. LOL!!
WHY post Q-1 again as a carbon copy with nothing added, changed, modified, noted etc and do it in July aka Q-2 ????
I did a quick review of both reports and can find no changes. Perhaps I missed something?
Kind of a puzzle as to why this was submitted, but could well be that the "Cut & Paste" is quite possibly the reason. Never seen this before, without the notice of the report being updated and/or revised.
Weird, is all I can say. But, not surprising. Perhaps someone just grabbed the wrong report and posted it? Typical efficiency of a Billion$ Worldwide Conglomerate. LOL!!
It was for March 31, 2022, not June 30, 2022.
Didn't "work out" with the OTC/SEC taking the stink of the PIRATE SYMBOL taint off this scam
YUP!! Another week in the books of no GIFX tier upgrade. Still a Skull & Crossbones non-tradeable stock. Fake Promo's, financials that an accounting firm that hastens to cover their ass over and an Attorney Letter noting the cimminality of Kisa.
If it were not so ludicrous, I would think it was a made up scenario.
The sad thing is, most current shareholders got swept up into the GIFX Hype and paid an outrageous sum to buy this scam. Now, rather than take a 90%, or greater loss, it looks like it will become a total loss.
This amount of time, after two financial reports and Attorney letters and no tier upgrade, can only be viewed as a precursor of GIFX being revoked and exiled to the dustbin of history.
All Sells at the Bid since 03/24/2022
No One is selling? Every trade since March 24 has been a Sell at the Bid.
Another4000+ again today. Smart GIFX share holders are starting to get wise and would rather get .0 per share than 0 pennies per share.
Second quarter ends today. It will be interesting to see if Kisa even tries to file another phony financial report and if Anthony Law will risk getting investigated for helping to promote this scam.
A corpse not even ole hot-shot Anthony law could revive
Laura Anthony may have her Tit in a Wringer over this.
The new focus of the SEC is to more closely scrutinize those that are associated and
lend support to these scam companies on the OTC. It is their opinion that scam companies could not portray legitimicy without the help of promo companies and service providers.
It will be interesting to see if Kisa even bothers to put out quarterly financials and if Anthony will provide an Attorney Letter to lend credence to financials that can not be said to be accurate.
Wonder how the GIFA Token is weathering the Crypto Meltdown?
the Lira is about as valuable as a broken wooden nickel or a wheelbarrow full of used toilet paper !
You must not be paying attention. Have you not heard about GIFX's newest subsidiary? The new sub will recycle to used toilet paper and the byproducts will be used for production of GIFX Pharmaceuticals. Since the announcement, it takes a bushel of Lira to buy one sheet of used toilet paper.
Kisa predicts revenue of $30 million from this latest venture. Should be seeing the numbers in the next financial report under the heading "Kisa turns shit into gold"!!
LOL!!
Well, another week of spit in one hand and wish in another and then check what you are holding. The spit isn't even any longer warm, the spitter must have had some chaw and the wish has become a delusion.
No tier change for GIFX. Time to git while the gitting is still possible. There can no longer be any doubt that GIFX is suffering some type of investigation, over its past phoney promo's , the associated financial reports and the GIFA Token scam/arrest of Kisa.
A Penny is better than nothing and won't be there long, once realization replaces wishing.
Stick a fork in it folks
I agree. This scam has not been above .011 since March 24. No one buying at the ASK, even though it has dropped to .015.
It's been NINE looooong months since Attorney Ltr numero uno and it's now been 2.5 months since attorney ltr numero deuce
Although the financial reports and Attorney Letter requirements have been put forth by GIFX, it still remains a Skull & Crossbones, untradeable stock.
I would not be surprised if this ticker gets revoked and Anthony Law gets a repremand from the SEC for aiding and abetting this farce.
Well - another GONNER WEEK IN OTC EXPERT MARKET GRAY LAND DEADS-ville
And another 31,000 share dump yesterday @.01. And now the ASK is .015, with no takers, at half the price the ASK was a couple of days ago.
The SEC , OTC Markets and FINRA know this is a pile of Dog Dukey. And Anthony Law may be getting investigated as well, for their involvement in this scam. The SEC has broadened it's efforts to eliminate these scams by not only investigating the Company itself, but promoters and other entities that are involved in adding legitamacy to these scams, according to the latest news from OTC Markets.
We all know how long it takes a government agency to get things done, but then the shoe drops without any forewarning and bag holders eat losses without any hint of what is about to happen. And if revocation is in the near future, Kisa, the Billionaire, will be holding the bag as well.
and nobody is selling.
Another 23,000 share dump. Appears investors are starting to think .01 per share is better than nothing, after no tier change, 60 days after "attorney Letter" and 29 days after latest financial report.
Better to sell for .01 than to get caught holding the bag, that smells worse than Kisa's scrotum bag.
Another 36 Tier Changes, But No GIFX
No news of Kisa being cleared of the GIFA Token crypto scam in either Satoshit or Yeni Bakis. It has been almost a year now since Kisa was arrested.
Grandex has not yet moved to the United Kingdom. (What? They have no usery laws or crypto regulations in the UK?) Grandex Website still not functional and was the front used to sell GIFA Token.
As time marches on, the smell here gets worse and worse and the possibility of GIFX trading charter being revoked is becoming more likely.
I'm actually feeling sorry for the suckers holding GIFX shares and those that bought worthless GIFA Tokens.
During the bail hearing held at Lefkosa District Court, police officer Tümer Koç, who works in Lefkosa Police Department’s financial division, stated that on March 31, 2021, a person filed a complaint with the Financial Crimes Department that he had purchased “GIFX” crypto currency from Gifa Holding Ltd and Grandex Finance Ltd but that the digital currency could not be converted into cash, exchanged for other currencies or used to buy things.
https://www.pressreader.com/cyprus/cyprus-today/20210717/281676847924052/textview
A MAN has been released on bail totalling 1 million TL after he was accused of breaking banking and finance laws.
Page 15 of latest GIFX Annual Report
NOTE L - COMMITMENTS AND CONTINGENCIES
1. Litigation
The Company, in the ordinary course of business, is not subject of, or party to any pending
or threatened legal action
Isn't Grandex a part of GIFX? Almost a year has passed and still no word of Kisa having satisfied the demands of the court or a determination as to his innocence or guilt.
Not looking good here. And why does Kisa, The Billionaire, need help to raise his bail? What a F'in Joke. Maybe Kisa should run for president. LOL!!
43 Tier Changes 06/13/2022
And again, GIFX is not one of them. Still a Skull & Crossbones, non-tradeable POS.
RUSSIAN DIAPER LOAD OF ULTRA BULLSHIT
Did you read the blurbs about being able to buy a car using GIFA Token? Wasn't that part of the reason Kisa was arrested for financial crimes and fake claims?
Koç also stated that a citizen purchased GIFX cryptocurrencies worth £11,000 from businesses named Gifa Holding LTD and Grandex Finance LTD, which the suspect was the director, on March 31, 2021, and upon filing a report to the Financial Crimes Department about the cryptocurrency that it cannot be converted into cash, exchanged for other currencies, and used for shopping, the required investigation carried out by contacting Central Bank of the TRNC.
https://www.scammeryusufkisa.com/swindler-yusuf-kisa-gifa-holding-owner-arrested-as-a-result-of-launched-investigation.html
And how about getting a loan, using GIFA Exchange?
https://www.satoshiz.org/2022/04/borrow-unsecured-loan-you-need-today.html
Wasn't that also part of the financial crimes Kisa was alleged to have committed?
I'm sure the SEC and OTC Markets would be interested in these tid bits.
This POS scam has the CAVEAT TATTOO
Checked the list of tier changes again today. There were an unusually small number, in comparison to the last week or so. Only 14 issues were affected by a tier change and GIFX was not one of them. It has been 25 days since the last financial report and 57 days since the "Attorney Letter" was issued.
Not looking good here folks.