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$IPRC new favorite shell play rn
$IPRC .0070 !!!! New 52wk-High only 52mil OS. Will see pennies imho
$IPRC .0070 reaching New 52wk-High. Low Floater: only 52mil OS.
Will see pennies imho
$IPRC .0070 !!!! New 52wk-High only 52mil OS. Will see pennies imho
.0070 New 52wk-High! Breakout is an understatement!!
$IPRC Up BIG with VOLUME...about to leave for PennyLand!!!
Smart man! $GFTX Long&Strong!!
Company was completely current in SEC filings up until coronavirus pandemic. At around the same time, convertible note holders were ruthlessly converting and diluting the stock.
Regulation for SEC registered companies, only allow note holders to convert notes into free-trading shares while the company is “current” in its filings. CEO tried to negotiate with note holders during the extension window (March-May) to stop or slow down dilution. That was unsuccessful. Hence, the company intentionally chose to be delinquent in filings and attempt to continue negotiating debt, rather than spend all the money to get current just so noteholders can ruthlessly dilute their stock. Great move by management imho. While I’d love to see the company in current status, management does a good job keeping shareholders abreast of the company’s progress via PRs, and the dilution was starting to get outta hand until they stopped filings. Before we used to see at least 2 or 3 dilutive MMs on the level2, now they have since gone away.
Hope this sheds some light on the situation!
$IPRC .0049 approaching 52wk-High, only 52mil OS. Obviously Low Floater.
Very undervalued by market cap standards imo
$IPRC .0049 with only 52mil OS. Obviously Low Floater.
Very undervalued by market cap standards as well!
$IPRC .0049 with only 52mil OS. Obviously Low Floater.
Very undervalued by market cap standards imo
UPDATE: Authentic Heroes Issued Patent By USPTO
Global Fiber Technologies Inc., Provides Management Update
SOMERSET, NJ, June 22, 2020 (GLOBE NEWSWIRE) -- Authentic Heroes, Inc a subsidiary of Global Fiber Technologies, Inc ., (OTC PINK:GFTX) has been given a “Notice of Allowance from the US Patent Office for its patent application titled “Authenticatable Articles, Authenticatable Articles, Fabric and Method of Manufacture (sent with Slam Effect)”.
Chris Giordano, Global’s President and Chairman stated, “This is a watershed moment for our company and its shareholders. The issuance of this patent gives us the protection we need to aggressively expand our marketing and manufacturing of the Authentic Heroes product line with the confidence of knowing the process for manufacturing is well protected.
In our opinion the patent will not only dramatically increase our credibility with potential licensors, joint venture partners and retail customers but will also allow us the ability to justify our pricing matrix since our “Made From The Original” slogan will mean even more with a patented process behind it.” It will also be a key component for a potential equity financing the Authentic Heroes subsidiary.
Management Update
We have received many communications as to the operations of the company, the status with the convertible noteholders as well as our intent to become a fully reporting company again.
As to our operations. We as all companies were directly affected by the Covid -19 pandemic. Like with other companies the pandemic disallowed us the ability to manufacture products and deliver on orders already received. What is very encouraging is the fact that we did not receive one cancellation on any orders we received before the pandemic hit and the shutdown occurred.
This situation is now being ameliorated with the easing of the restraints on the manufacturing of “nonessentials”.
We are now in queue with suppliers and fulfillment houses for protective masks. We are only concentrating on business to business orders where our minimum order quantity will be 200,000 or more per order . These are orders that have the ability to get financed as opposed to retail orders where we would have to stock inventories and lock up capital.
These are also the type of potential sales that take time to develop since they are supplied to some of the biggest brand names in the world. But if we receive orders from these developing relationships, they will be meaningful. We have a very solid value proposition versus the typical disposable mask alternative and we hope that the institutional market will recognize that going forward.
As to already licensed products such as the Brett Favre limited edition series. We hope to be back up and running taking orders and delivering merchandise within the next thirty days depending on the status of the shutdown and our ability to have a supply chain that can deliver merchandise.
We expect to become aggressive in the future with the areas of music and sports. Music is a vast opportunity to cross market a live or virtual tour of an artist(s) with our “Made from the Original” product line. Virtual streaming performances will become part of the landscape until stadiums and arenas can once again be filled with fans for both music and sports. Our relationships with the largest music merchandising companies will give us a large cross marketing opportunity well into the future.
Lastly, as to our intent of becoming a fully reporting company once again will be determined by several factors including. Our ability to negotiate an acceptable deal with minimal or no further dilution with the convertible noteholders which will remain the key component that will determine whether we spend monies strictly on operations or on operations and the expense that goes along with maintaining a fully reporting status. It is our intent to become fully reporting again but that decision will be determined in the next several months
We are also exploring several options for financing the future of our company and the opportunities in its three subsidiaries. We remain extremely optimistic about our technologies and the ability to sell our products and we look forward to keeping you apprised in the coming months.
Chris H Giordano
President/Chairman
chrisg@ecotek360.com
973-390-0072
Pal Serbiak
CEO/Board Member
pauls@ecotek360.com
908-230-9080
Source: Global Fiber Technologies, Inc.
$GFTX en fuego! Wonder if we see news soon
$IPRC Share Structure
Market Cap Market Cap
258,106
06/19/2020
Authorized Shares
500,000,000
05/08/2020
Outstanding Shares
52,674,689
05/08/2020
Restricted
0
05/08/2020
Unrestricted
52,674,689
05/08/2020
Held at DTC
Not Available
Float
Not Available
Par Value
0.001
Almost 80% of friday's volume was short https://otcshortreport.com/company/GFTX
$GFTX Volume always comes before News!
Over $100 g's in cash on hand, based off of last quarterly report filed 6/18
$ARSN not your average pink sheet stock!
$ARSN #1 on Breakout Boards!
$IPRC .0049, up over 20%, ((52mil O/S))
$IPRC .0049, only 52mil O/S, nearing 52wk-High. Could be a Blue Skies Breakout imho
$IPRC .0049, up over 20%, ((52mil O/S))
$IPRC .0049 w/ 52mil OS on the rise again today...looks interesting imo
$IPRC sister stock is up over 20% today as well! Low floater
$IPRC Up Big with Volume!
$IPRC .0049 !!! Super Low-Floater runs on air!
$IPRC .0049 !!! On the rise again, Level2 looking thin to the Upside!
$ARSN looking good today!
What are thoughts on $IPRC ?? Super small OS and appears to be a very clean shell
IPRC .0030 with only 52mil OS nearing 52wk-High lately!
$IPRC .0030 with only 52mil OS starting to rise this past month
$IPRC .0030 w/ only 52mil OS up lately
Overview
We are a music technology company, that offers a suite of products and services that monetize and monitor music for artists, labels, performing rights organizations, publishers, writers, radio stations, venues, restaurants, bars, and other stakeholders in music.
On May 29, 2015, the Company, known at that time as Tierra Grande Resources Inc., acquired VNUE Washington or VNUE, resulting in VNUE becoming our wholly-owned operating subsidiary, and the holders of VNUE acquiring the majority of our outstanding capital stock. We also changed our name at that time to VNUE, Inc.
Overview of our Business
The live music and entertainment space are constantly searching for new monetization outlets. Music licensing and royalties are particular “hot button” issues in the industry. We believe that we have developed solutions that create new revenue streams, and simultaneously helps to protect the rights of the creators and will help ensure they are properly compensated. This benefits not only artists, labels, publishers, and live venues but the fans as well.
Through VNUE, Inc., our wholly-owned subsidiary, we now carry on business as a live entertainment music technology company that offers a suite of products and services which monetize and monitor music for artists, labels, performing rights organizations, publishers, writers, radio stations, venues, restaurants, bars, and other stakeholders in music. Our two main product lines are:
Set.fm™ / DiscLive Network™ - Our consumer app platform that allows fans to purchase the concert they just experienced instantly on their mobile device, and “instant” physical collectible products are recorded and sold at shows and online through the company’s exclusive partner DiscLive Network™, the 17+-year pioneer in “instant live” recording.
Soundstr™ - Our technology which is a comprehensive music identification and rights management Cloud platform that, when fully deployed, can accurately track and audit public performances of music, creating a more comprehensive and transparent ecosystem for general music licensing and associated royalty payments, and will help to ensure the correct stakeholders are paid through the use of our “big data” collection.
We are a relatively new company. Our wholly-owned VNUE subsidiary commenced operations in calendar year 2015 and we have undertaken mainly organizational activities and software application development.
Acquisitions will be pursued where the Directors consider that there is clear value through the addition of expertise, customers, monetization potential or geographic footprint.
Our principal offices are located at 104 W. 29th Street, 11th Floor, New York, NY 10001. Our telephone number is 833-937-5493.
70k in Ask Slaps @.0049 today so far...hope this continues.
Keeps going up $IPRC
$FTGI Heating Up today!
$FTGI Running Up!
Ahh Pink Current! Looking Good on $CBMJ
I agree! $EIPC Long!!
PennyLand is a serious probability with this SS! Gonna be Fun!!
$CBMJ
Lots of volume today. Wonder what’s up?