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Plenty of lucky .0005s on the ASK today. Not many buyers though...
Increasing Covid19 cases + ongoing toxic convertible debt + O/S of at LEAST 1.2 billion = .0001 followed closely by a R/S.
That share structure is inaccurate/out-of-date. Below are TA verified O/S numbers as of 04/28:
O/S 910,980,208 as of 04/28/2020
https://investorshub.advfn.com/uimage/uploads/2020/4/28/posfb2663F175-D521-4654-A37E-4210C706F841.jpeg
I will update the board with new numbers when I hear back from the TA. In the meantime, if anyone else is interested, I encourage them to reach out to the TA to verify this info for themselves.
Oh wow, Pump and Dump SCAM GFTX back at it again with the massive dilution.
Just take a look at how bloated the O/S has gotten since end of February:
O/S 122,900,716 as of 02/28/2020
O/S 163,424,246 as of 03/06/2020
O/S 332,110,232 as of 03/20/2020
O/S 456,575,514 as of 03/27/2020
https://www.otcmarkets.com/stock/GFTX/profile
On 4/28 I was able to verify the below numbers directly from the TA:
O/S 910,980,208 as of 04/28/2020
https://investorshub.advfn.com/uimage/uploads/2020/4/28/posfb2663F175-D521-4654-A37E-4210C706F841.jpeg
That’s 800 million more shares diluted since 2/28! That’s 800 million shares dumped in 2 months time! Now, can you imagine what the O/S is as of today, 6/24..? Almost 2 months after the above verified numbers? I think it’s time to reach back out to the TA and find out. I’ll keep everyone posted with what I find out.
Now just for shits and giggles, let’s speculate a little bit what the O/S could possible be as of right now... we know the above verified numbers as of the morning of 4/28 are 910 million. That very same day 216 million shares were dumped on the bid, so let’s add at least half of that volume to the O/S. So now let’s say as of close of business day on 4/28, the O/S was 1 billion, fair? Now look below at all the historic volume since that day. Keep in mind that most of that volume were shares sold off at bid. Adds up doesn’t it? Now add the last couple days worth of massive pumping volume... can you imagine what the O/S is at now?
Rather than continue to speculate, I’ll just get the facts myself and provide them here. 100% transparency is the name of the game.
GFTX Daily Volume since 4/28:
05/15/2020 - 61,313,700
05/14/2020 - 95,958,040
05/13/2020 - 20,681,500
05/12/2020 - 54,461,950
05/11/2020 - 11,485,620
05/08/2020 - 78,597,860
05/07/2020 - 57,870,350
05/06/2020 - 222,843,300
05/05/2020 - 52,881,030
05/04/2020 - 115,533,000
05/01/2020 - 44,662,700
04/30/2020 - 129,048,800
04/29/2020 - 25,259,950
04/28/2020 - 216,343,500
https://www.nasdaq.com/market-activity/stocks/gftx/historical
I didn’t see a schedule 13D/G filed at all this year. Well let’s hope the O/S was under 1 billion when these supposed 50 million shares were acquired. Did you acquire the shares prior to 4/28?
Schedule 13D/G must be filed within 10 days of acquiring 5% or more of a security.
I’m just going to give the facts and let others make their own decisions.
Below are the O/S numbers as they’ve increased since the end of February.
O/S 122,900,716 as of 02/28/2020
O/S 163,424,246 as of 03/06/2020
O/S 332,110,232 as of 03/20/2020
O/S 456,575,514 as of 03/27/2020
The above numbers are what the otc markets website shows as of 3/27/2020.
https://www.otcmarkets.com/stock/GFTX/profile
The below numbers were provided to me by the transfer agent for this company.
O/S 910,980,208 as of 04/28/2020
https://investorshub.advfn.com/uimage/uploads/2020/4/28/posfb2663F175-D521-4654-A37E-4210C706F841.jpeg
I mentioned my calculations were based on the amount of shares dumped at bid up through 5/15. Also, it’s worth noting the 911 million O/S was reported to me the morning of 4/28. It didn’t include that days volume. Plus, the majority of the volume leading up to 5/15 was primarily at the bid. It’s safe to assume much of that volume was dilution.
GFTX Daily Volume since 4/28:
05/15/2020 - 61,313,700
05/14/2020 - 95,958,040
05/13/2020 - 20,681,500
05/12/2020 - 54,461,950
05/11/2020 - 11,485,620
05/08/2020 - 78,597,860
05/07/2020 - 57,870,350
05/06/2020 - 222,843,300
05/05/2020 - 52,881,030
05/04/2020 - 115,533,000
05/01/2020 - 44,662,700
04/30/2020 - 129,048,800
04/29/2020 - 25,259,950
04/28/2020 - 216,343,500
https://www.nasdaq.com/market-activity/stocks/gftx/historical
For arguments sake, and because the majority of the volume on Friday was at the ask, I’m not even going to include that volume in my calculations. It’s safe to say though, based on the above numbers, that the O/S is now 1.3 - 1.5 billion. I’m leaning towards the high 1.4s. Regardless, the amount of dilution in such a short period is alarming.
Oh wow, the company was able to reduce their A/S from 9 billion to 2.5 billion. What a huge success. Must mean this is going to pennies!! But wait a minute, they also diluted over a billion+ shares into the O/S since February 28th of this year. So they reduced their A/S to get people excited, then dumped all over them.
O/S 122,900,716 as of 02/28/2020
O/S 910,980,208 as of 04/28/2020
Hard to deny facts!
GFTX = OTC Dilution SCAM!
I’m going to take a different approach here going forward. Rather than argue with obvious GIFX scammers, I’m just going to go ahead and continue to gather evidence for our good friends at the SEC.
The time for talking is over. The time for action is now!
Yea, then it dropped to .0002 really fast.... just like it’s going to again very soon. This is a dilutor play, nothing more. Reverse split, rinse and repeat.
It’s actually 100% FACT! Hard to really dispute proven facts. Simple as that!
You are more than welcome to reach out to info@signaturestocktransfer.com to request new updated numbers. Back in April it was around 910 million. I’m betting it’s at 1.5 billion after today’s trading. Feel free to reach out and find out yourself.
signaturestocktransfer.com
All that would pull on my heart strings if it wasn’t for all the toxic convertible debt. A good company with good honest leadership would never pull the type of bullshit this company did. Over a billion new shares in dilution since March of this year!!! I have no sympathy.
This is how newbie shareholders lose their money, and the company new it was going to happen. They used the mask news as a pump mechanism to help note holders unload even more shares at much higher prices. They didn’t like .0003, so they pumped it to .0007, then dumped all the way down to .0002. Now they are doing it again!
Now... where exactly are those masks? How come so many other companies were able to provide help to those in need, while this company only announced it for their own selfish need? There are no excuses for this bullshit! NONE! They used the pandemic as a way to sell shares. End of story. SCAM!
P.S. if the company had issues with manufacturing, they shouldn’t have announced they would start making masks for the pandemic. They did this AFTER the pandemic hit, so obviously they knew what they were doing. So again, where are the masks?
Kisa and crew don’t follow the rules.
Thanks for sending me the info. I’ll make sure to pass along anything that can help.
Have a good weekend!
What part of the post was bullshit? The whole thing is full of facts. 100% verifiable facts. These numbers are straight from the T/A. How can they be bullshit?
Monday is going to be a bloodbath after today’s pump job. This is going to end up the same way it did last time it barely touched .0007s. Only this time we are going to see a lot of .0001s being unloaded. Max the O/S, reverse split, rinse and repeat.
GFTX = OTC pump and dump dilution scam.
GFTX ongoing dilution since March 2020:
O/S 122,900,716 as of 02/28/2020
O/S 163,424,246 as of 03/06/2020
O/S 332,110,232 as of 03/20/2020
O/S 456,575,514 as of 03/27/2020
O/S 910,980,208 as of 04/28/2020
https://investorshub.advfn.com/uimage/uploads/2020/4/28/posfb2663F175-D521-4654-A37E-4210C706F841.jpeg
I wonder what the updated numbers look like as of today? Since 4/28 there has been some significant selling going on (4/28, 4/30, 5/4, 5/6, AND 6/19). I bet with all that volume, the new O/S is now at least 1.5 billion.
If anyone is interested in getting updated O/S numbers, they are more than welcome to reach out to the TA in order to verify this info for themselves.
The below is GFTX’s daily volume since 04/28. Remember, the updated O/S numbers above were from the morning of 4/28, which didn’t include the 216 million in volume from that very same day.
GFTX Daily Volume since 4/28:
06/19/2020 - 456,544,355
05/15/2020 - 61,313,700
05/14/2020 - 95,958,040
05/13/2020 - 20,681,500
05/12/2020 - 54,461,950
05/11/2020 - 11,485,620
05/08/2020 - 78,597,860
05/07/2020 - 57,870,350
05/06/2020 - 222,843,300
05/05/2020 - 52,881,030
05/04/2020 - 115,533,000
05/01/2020 - 44,662,700
04/30/2020 - 129,048,800
04/29/2020 - 25,259,950
04/28/2020 - 216,343,500
https://www.nasdaq.com/market-activity/stocks/gftx/historical
This post right here is extremely sticky worthy!
Convertible Notes! The O/S here was at least 1.2 billion before today’s pump job. Now it’s gotta be at least 1.5!! This will end with a reverse split. For sure!!
LOL! That’s the ONLY way GFTX is hitting .30!!
I think taking the week off would be better. The price will still be the same when you get back.
Judging by Kisa’s “In the coming months” Instagram post, I doubt there will be any significant price movement to the upside.
Remember the Yeni Bakis article which stated “in the coming days”? That was almost a year ago!! I can only imagine what “in the coming months” means.
I don’t think this POS is going anywhere but down.
That’s a really good idea. Maybe Andrew can help him. One of them can pick up the phone and the other can dial.
They are so bad at this. They aren’t even trying. If it’s Kisa doing it all, that’s even sadder.
GIFX is trash. Their web presence is trash. Their pump material is trash. The stock price is trash. The tax documents are trash. The bank ratings are trash. The boots on the ground dd is all trash. GIFA’s word on delivering financials “in the coming days” is super duper trash. Kisa’s latest Instagram post about making his shareholders millionaires is enough trash to fill up a football field.
What exactly about the ibox is BULLSHIT?
Wow, I love the new ibox update. Very informative information!
An agreement with an investment banking firm? Wow, did your contact also tell you that in “general terms”?
Scamming idea during a pandemic. Let’s release news that we as a company are going to help “in the coming days” in manufacturing masks for healthcare workers. Desperately needed masks I might add. Let’s do all that but not actually do anything after. We don’t need to actually make the masks. It was a good idea at the time because the stock was at .0003 and we needed to help note holders convert at a higher price.
Always good to announce things, then go dark and stop reporting to the SEC. Loveeeee it! Not a scam at all. Lmfaoooo!
So just to make sure I understand this correctly, once an individual receives their shareholder conference confirmation letter, is the next step just waiting till September 2020? Is that when the individual will be asked to complete and return a formal registration form? Then that individual will receive an official “GIFA Inc AGM Pack”?
I can’t wait to see the type of bullshit pump job they are attempting. Guarantee you it’s going to fall flat on its face. Also guarantee you there will not be a shareholder meeting, just like there will NEVER be any financials. GIFX is a scam, plain and simple.
Did the y.kisa1 Instagram account really just post this statement alongside Kisa’s image?
“The first thing I’ll do the day I make my investors millionaires is to have a nice cup of coffee”
When do you ever see a CEO and/or president of any company make such a claim? This is absolutely ridiculous! How anyone can still believe this is a legit operation is beyond me. This is textbook scam OTC company behavior.
How mad do you think Kisa is right now? He’s gotta be furious with the way the stock price is responding to his “shareholder conference” announcement. I wonder if maybe that Instagram countdown clock pump & dump he pulled in February might have lost him some trust with shareholders. Or maybe it was the “in the coming months” statement that fell a little flat.