Still have some shares here. Interesting to see 31.7k in vol and the SP up to .22 from .03

Sorry Gondola, as much as you might want to be free from CareClix/VHHI and Charles Scott, this company climbed into bed with Scott and may very well be stuck with him and the VHHI shareholders. Not to mention, GCIQ pulled over some of the original CareClix players into their leadership (Robert Hipple) and even had Scott on the WPFH board at one point.

The last GCIQ 10Q (11/26/2025) shows that the VHHI/CareClix shareholders might very well still be part of this company.

So per Note 6, Grocer is trying to figure out how to claw back the shares issued in the VHHI acquisition. 

Sorry TripT but this company is setting off alarm bells on so many levels. Just do a little DD.

Just one alarm from the Annual:


Who is the person behind these contracts? Henry Jan
https://freshgrab.com/#about

And of course, Vezbi Super App
https://www.globenewswire.com/news-release/2023/01/11/2586676/0/en/Why-Tech-Innovator-Henry-Jan-s-New-Vezbi-Super-App-Will-Change-Your-Life-and-the-World.html

Who is Jan? I believe this is probably him.
https://www.sec.gov/files/litigation/admin/2017/33-10431.pdf

Indeed, we definitely met some good people. And one other positive, even though we all ultimately got screeed and took a loss, Charlie completely screwed himself. He owned the lion's share of stock so was looking at a ridiculous payout. He ended up with zilch and a felony record. Not to mention he must be rather disliked by all the family/friends he and his cohorts brought in as private investors. His reputation is pure mud now. Although Hipple might still be fond of him.

Unfortunately, the answer just showed up in the annual report which was just released:

Indeed, Hipple seems to be the kiss of death for shareholders. He's still listed as the General Counsel/Comp Secretary here which is odd as I thought he got the boot from the OTC. Maybe it was just temporary. 
Yeah, those were fun times thanks to a lot of humor from the Magic gang. Like you, not really trading much these days. Stay well buddy!

Actually I'm confused as well although I believe KT has the best read on it. The WPFHD symbol should be changing any day now so that might give some clarity as to what is sitting in everyone's accounts. 

Good eye KT. As usual with all things Charlie, this has been very convoluted. 

Oh I've read everyone of their PRs and filings and I must say, their use of the "AI" term seems like pure giberush to me. Do a Google search of "GrocerIQ" and let me know what you learn. Does it pass the sniff test to you?

Other than their generous usage of the word AI, can you please explain how this is a true AI play? What exactly is their technology? 

Below is from the last Q. But you have to wonder what a SPAC gains from this transaction? I just looked at the CareClix website and some of the hyperlinks are not even working, most notably the "For Patients" tab.
https://www.otcmarkets.com/file/company/financial-report/466385/content
In December 2024, all of the shares of Vezbi, Inc. and VHHI held by the Issuer were spun off to a newly formed WPFH Interim Trust for the benefit of the shareholders pending completion of a proposed acquisition of those shares by a SPAC. Although that transaction was not closed, a substitute transaction by another SPAC is currently in discussions and is expected to closed in June or July 2025. As of December 2024, WPFH no longer held any ownership in Vezbi, Inc. and VHHI. The corporate name has been changed to GrocerIQ Holdings, Inc. as of March 2025, and a name change, symbol change and 1:4 reverse split is now pending for approval by FINRA.

RS of 4/1 with symbol/name change effective todayhttps://www.otcmarkets.com/file/company/financial-report/491875/content

Charles Scott sentenced to 42 months in prison and $500,000 fine.

Charlie off to prison. Sentencing complete:

DT, that made me laugh. Not my intention to create angst. Hoping for the best but also keeping a bit of DD trained on this one...esp ole' Charlie. 

Mt, I haven't checked Pacer for awhile. Waiting to do so following sentencing and I will post the info.

I doubt he's a billionaire and he appears to have similar inclinations as Charlie.
https://www.sec.gov/files/litigation/admin/2017/33-10431.pdf

Not to be a downer but these new guys appear to be all intertwined with Charlie. It just looks like the next generation of Charlie but with a new front man. 

https://www.bizprofile.net/registered-agent/indian-river-financial-services

I haven't looked in quite awhile but will check at some point and let you know

CEO passed away unexpectedly
https://www.otcmarkets.com/otcapi/company/financial-report/419314/content

I always wondered why Dr. Korangy was involved with SOLI/CareClix. I just did a little digging and it looks like he had some significant tax problems.

Thanks for the info. Both CareClix and SOLI were mentioned in the USLG case where it was noted that the parties were looking to promote that stock as well. I wondered at the time if DOJ was going to pursue that further so it's good to hear that they are. He must be accumulating some serious attorney fees.

Here's screenshots where SOLI/CareClix were mentioned: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172657460

Also, the latest on his USLG case shows that he bought himself a few more days before the axe falls:
Order [non-document]: For good cause shown, the Court extends Defendant Charles Scott's deadline for objections to the presentence report to January 2, 2025 and continues sentencing to February 12, 2025 at 11:00 a.m. in Courtroom 16B (ECF No. [492]. Judge J. Philip Calabrese on December 11, 2024. (Y,A)

I've been tracking his case on Pacer re the Fed case but didn't know about the state investigation. Can you provide some details on that? Thx

The fact they didn't put in the PR the R/S ratio is telling. The question I have outstanding: Is Chucky the only one who will receive the additional 4 million shares? I know, silly question, of course he is. 

Under the terms of the acquisition, WPFH acquired 100 percent of the stock of VHHI from Solei Liquidation Trust, a trust established in September 2022 to facilitate and complete the liquidation of CareClix Holdings, Inc., which was dissolved in September 2022.  The consideration for the VHHI acquisition was 7,000,000 shares of restricted common stock of WPFH, with a reserve of 4,000,000 additional shares to be issued if certain performance milestones are met within the next two years.  The 7,000,000 consideration shares to be issued by WPFH will be issued to the beneficiaries of the Solei Liquidation Trust in a private offering in electronic form and will be restricted shares as a result of SEC Rule 145. 

https://www.otcmarkets.com/stock/WPFH/news/WPF-Holdings-Announces-Closing-of-Telehealth-Company-Acquisition?id=431061

That’s interesting you were there. I wondered what his demeanor would be like as he is such a self proclaimed salesman. I wouldn’t be surprised if he does get some jail time due to the obvious resources put into the prosecution. I think per the sentencing guidelines, he faces 0-6 months for each conviction. I guess we’ll have an answer towards the first of the year.

As for that backup plan:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175099051

Charlie found guilty in federal court. Link back to previous post for charges.

Nice upgrade by DB. ASTS price target raised to $63

Very much so. You?

AST Spacemobile (ASTS) PT Raised to $36 at B.Riley, 'remains the clear leader in the race'

https://www.streetinsider.com/dr/news.php?id=23662373

3 Tech Stocks With More Potential Than Any Cryptocurrency
https://www.fool.com/investing/2024/08/25/tech-stocks-more-potential-than-cryptocurrency/

AST SpaceMobile develops low-earth orbit (LEO) satellites for cellular communications. Unlike SpaceX's Starlink, which provides medium-range coverage through mid-band spectrums, AST's satellites provide lower-band connections which can be directly accessed by every day 2G, 4G, and 5G smartphones across wider regions…

If AST successfully launches its satellites and expands its network, analysts expect its revenue to rise from just $4.3 million this year to $691.7 million in 2026. If that happens, it could generate massive multibagger gains over the next few years.

I wonder if WPFH has a back up plan for Charlie serving on their BOD and as CEO of VHHI? His trial started today:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174963917

VHHI will remain as a holding company under WPFH and will manage the telehealth operations acquired in the transactions as well as any new healthcare related acquisitions by WPFH. Chales Scott, CEO of VHHI, will remain as Chairman and CEO of VHHI and also join the Board of Directors of WPFH.
https://www.otcmarkets.com/stock/WPFH/news/WPF-Holdings-Announces-Closing-of-Telehealth-Company-Acquisition?id=431061

The trial kicked off today. It looks like one of the three defendants, Olga Smirnova, changed her plea on August 12th leaving just Charlie and Spivak as defendants.




1:21-cr-00491
https://pcl.uscourts.gov/pcl/pages/search/findCase.jsf

Oh damn, that pic!!!! I would laugh but I’m afraid of that particular karma.

My thought on this is that since SOLI/Careclix was included in the criminal charges against Charlie Scott, there may be issues with Scott being able to monetize the shares (ill-gotten gains). After all, Scott was set to make quite a fortune off the CareClix sale to WPF Holdings. But really, who knows at this point.

Last I checked, the trial is scheduled to being August 12, 2024.

Here is where SOLI/Careclix are mentioned in the charging documents.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172657460

Agreed, if the mod model continues to be in place, iHub will continue to languish. We moved our Magic board over to X and it functions with zero issues and zero moderation. We have o/t conversations on occasion as well as get into some spirited debates. If you think someone’s point is idiotic, you’re free to say so and not have to worry about comment removal. End of the day, the mod model here does not foster better conversations, it considerably hinders them. Let users do their own moderation using the ignore function or a temporary mute function. I don’t need someone, who I don’t know, screening posts for me.

Anyway, I’ve said my peace and hope the Ihub team is able to turn things around. I’ve always had a deep fondness for the site and would love to see it succeed. I’ll be keeping an eye out.

PS. As a side note, Ihub offers a much better search function than X which can be very beneficial for DD. Ihub just needs to win back the traders who left and new traders in order to beef up the content with robust DD and information exchanges.

Gotcha, my mistake. That makes sense for this particular board.

I’m aware of the ignore (block) feature. I was responding to the poster who stated that he would be annoyed by individuals who were posting too much. I was suggesting a feature where you could temporarily mute someone for a period of time. Less severe than fully blocking as sometimes you just want a temporary break from someone. But yes, if the individual never offers value to a conversation, ignore away :) My overall point, let individuals decide what they want to see and do away with mods.

I think limiting posts on any board is not the way to go. Sometimes with a new play (such as a RM), there is a lot of DD to be uncovered so a poster could be updating a lot throughout the day, not to mention back and forth with others as they discuss the info. I think a much better strategy would allow posters to temporarily mute others for select periods of time (1 day, multiple days or weeks). That way, you don’t see the posts and others can do as they see fit. Bottomline for me, more moderation/censorship is not the way to go in 2024.