Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
"Coretec!" "Yes son" "I want to *&^%# you!"
Aul said they plan to get current to remove the CE. It was also PR'd that this would happen in the near future.
LOL, I think there's some desperation occurring weekly here when there's the slightest movement down 5% and the next thing... $0.05 is being predicted.
Even funnier, it never happens! GIFX is strong like Bull!
LOL, Watch investors buy heavily when they find out that the fins are incredibly TRUMP like Huuuuggggeeee!
Saw your post Woody, this will be Huuuugggggeeeee!
Jim Morrison is already singing... "This is the end!"
The Bus is going to head back downhill once the hype is over. IMO
GIFX's Attorney William Aul says they plan to get current and remove the CE. Filings coming in near future!
Can you post a screen shot?
Preferred shares typically do not equal the pps of common shares. They usually have a conversion ratio attached and a much higher par value assigned.
Hornet, could they have been 10,000 preferred shares of a different class that could be converted at some point in time? Not sure I follow that it was defined as 10,000 common shares?
Thanks in advance. Clone
Kraft is milking a cashless cow and should resign or better yet, be fired for non-delivery of any milestones!
He does not give a rats a$$ about shareholders. Never has and never will period! Kraft has got to go IMO!
No worries Aqua!
You must have a reading problem. I stated twice that he DID NOT reply to my email. He addressed my email question in the PR!
N o S e X
Get the procedure man and tell the world how great it is or have your lady do one of those corny radio commercials!
This is the best I can do. He never replied to my email, but clearly addressed this in the PR.
To: Bill Aul - GIFA <Bill@Aullaw.net>
Subject: Planned Divestiture for GIFX
Date: Jan 28, 2019 1:27 PM
Hello Mr. Aul,
Can you advise or report the status of this for all shareholders to see? Has the existing promissory note been cancelled or when does the company expect this note will be cancelled?
Thank you in advance!
Clone
As part of the resignation of Mr. Ralph M. Amato and Mr. Harshawardhan Shetty and subject to successful completion of negotiations and certain corporate matters, the Company intends to undertake the planned divestiture of the Company's existing subsidiary that is domiciled in India (the "Subsidiary") by way of the sale and transfer of the Subsidiary to Mr. Harshawardhan Shetty in exchange for the cancellation of an existing promissory note issued to Mr. Shetty and the cancellation of all other indebtedness of the Company to Mr. Shetty (the "Divestiture"). In that connection and as currently planned, the Company anticipates that if its negotiations are successful, the Company will acquire a controlling interest in GIFA Holding Limited, a corporation domiciled in the Turkish Republic of Northern Cyprus (the "Acquisition").
I emailed Mr. Aul last week asking him to advise shareholders if Shetty was still involved and the PR he issued said Shetty was paid off! Thanks Mr. Aul for that update!
Harshawardhan Shetty is gone from GIFX! Filings are eminent!
SAN DIEGO, Calif., Feb. 04, 2019 (GLOBE NEWSWIRE) -- Gifa, Inc., a Nevada corporation ("GIFA," the “Company,” “we,” and “our”) (SYMBOL: “GIFX”) announced that GIFA completed three major corporate transactions.
On September 30, 2018 the Company completed the following two transactions:
A.The Company acquired (the “Acquisition”) nearly all of the outstanding capital stock of GIFA Holding Limited, a company domiciled in the Turkish Republic of Northern Cyprus (“Gifa Holding”). The Acquisition was accomplished via the Company’s issuance of certain shares of its newly-designated Series A Voting Preferred Stock in exchange for nearly all of the outstanding common stock of Gifa Holding in a tax-free reorganization.
B.The Company completed the divestiture (the “Divestiture”) of all of the 10,000 shares of the capital stock that it owned in its then wholly-owned subsidiary, Firefish Private Networks Limited, a company domiciled in the Republic of India (“Firefish Networks”). The Divestiture was accomplished as a tax-free transaction that also resulted in the discharge of approximately $267,000 of debt represented by an outstanding promissory note that the Company had previously issued to the Company’s founder, Harshawardhan Shetty, M.B.A.
C.As a result of the Acquisition and the Divestiture and as of September 30, 2018 and currently, the Company’s principal asset and all of its operations are the assets and operations conducted by its subsidiary, Gifa Holding and the subsidiaries of Gifa Holding.
In addition and on January 16, 2019, the Company’s subsidiary, Gifa Holding, completed the following acquisition:
A.Gifa Holding acquired (the “Grandex Acquisition”) nearly all of the outstanding capital stock of Grandex Finance Limited, a company domiciled in the Turkish Republic of Northern Cyprus (“Grandex”). The Grandex Acquisition was completed as a cash purchase of the Grandex stock. Grandex is based in Lefkosa in the Turkish Republic of Northern Cyprus. Grandex is in the direct lending business of providing payday loans, short term loans, and installment loans generally in the Turkish equivalent of up to $10,000 (U.S.) in the Lefkosa market area.
Grandex offers its customers fast loan processing without application fees or late payment fees and with average monthly interest rates of about 30% on outstanding balances. Customers are also offered several repayment options and may be able to qualify for higher loan amounts as well.
LOL, "be careful!" That's funny!
Are you for real? GIFX is merging into a small shell!
Likewise, glad they caught the shooter too!
Just like GIFA Airline employees, they are ducking TO cover!
LOL, GIFA Airlines shooting says differently!
Coretec is the goose that laid the old green turd!
You are correct. Maybe we will see them both at the same time, since the company has no cash!
The next 10Q may disclose that Kraft is no longer CEO! Possibly No cash to pay his salary after his wine and dine at trade show last fall!
That is easy, it will just go sub penny again like in the past.
You are correct Vivavegan... OTC has current information.
https://www.otcmarkets.com/stock/GIFX/security
GIFX Security Details
Share Structure
Market Cap
10,589,315
01/28/2019
Authorized Shares
500,000,000
01/25/2019
Outstanding Shares
160,931,844
01/25/2019
All long in the tooth pumpers have to eat crow eventually!
Maybe Kraft will redeem himself like Harry!
insert-text-here
Coretec has lots of financial problems!
No products, no contracts, no sales, no revenues, no cash, no balls, no leadership, the list goes on and on...
Just an empty sack of useless patents!
Breakout Board usually followed by DD, wild guesses and loose cash into the wind!
Who did you contact? OTC or William Aul? The company has to be the one call OTC in order to make changes at the OTC.
This should be trading under .02 if that is the total value of the patents, cuz that's all they got right now, besides debt! LOL
This means there are no phones to be sold, only fake phone plans!
LANSING, MI, January 22, 2019 – Andiamo Corporation (OTC PINK: ANDI), a Wyoming holding company, is excited to announce the opening of its newest business division – ANDI Mobile. ANDI Mobile is the all-encompassing telecommunications division of Andiamo which will offer hardware, apps, accessories and most importantly, nationwide cellular service. The
opening of this division will give the Company wholesale, retail and now residual revenue
streams. Management is currently researching and talking to different providers and hopes to announce a partnership soon.
“In coming back to Andiamo, I was excited about the potential revenues which could be generated by selling a state-of-the-art smartphone”, stated William White, CEO of Andiamo
Corporation. “However, upon further review and study of the industry itself, I quickly realized the real money is in the residual income the Company could earn from selling monthly service plans.”
Dead crickets at that and constant dilution from convertible debt!
Where can you buy this so called CHS Silicone product? How much does it cost? Who makes this product for Coretec?
BlueRayn sold a bunch of shares today from one account at the bid to buy his wife new shoes, that is why it dropped. Volume has been low for weeks. It will rebound again next week. Let's pay attention.
Gee, thanks for the warning that CELZ is going to go down like a limp pickle!
Maybe we should consult our brokers if this uptrend last more than 4 hours!
Profit is profit! I hope mama didn't need to have a new pair of shoes!
Thanks for you openness on the board!
Throw us a bone Sir William Aul