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There's the LVCA Form 10, which, despite being the only currently truly relevant LVCA dislosure doument, has never been posted on the LVCA OTCMarkets landing page, which is now occupied by irrelvant nonsense from a bygone past and a stop sign which is rendered inappropriate due to the Form 10 filing on EDGAR which should now be posted on those very OTCMarkets LVCA pages under Dislosure - SEC Filings. Only under those cirumstances can the LVCA dislosure posted on the OTCMarkets website be considered proper -
The Form 10 goes effective by lapse of time whether or not the Corp. Fin. staff comments. One year later shell status ends if the company stays current. The issue is none of the Vitoria Lake, Inc. (OK) Company information is being published on the OTCMarkets LVCA landing page under the LVCA ticker symbol -
Form 10 was filed on July 29, 2021. Therefore it goes effective by lapse of time on Sept. 29, 2021. OTCMarkets has obviously not been notified of the change of control, name change and has not assigned a new ticker symbol. This is quite odd, as the public has been left in the dark.This is not how the game is properly played.
This is a wild deal. Petersen, whose law practice is in Salt Lake City and who together with Holmes bought control from the Yourists in 2020 by buying the Yourists 2,000,000 shares of LVCA Series L preferred stock and through a series of exchange transctions involving the LVCA Series L preferred and LVCA common and reorganization transactions among LVCA (NV) and various OK shell corporations, have enginereed an outcome in which the surviving company and new Form 10 Registrant is Victoria Lake, Inc. ("VLI") (OK) which has the 167,304,067 old LVCA shares sill held by the public (now as VLI) common and 3,000,000 new VLI Series B preferred shares held 1,500,000 each by Petersen and Holmes and convertible to the new VLI common at a 100 to one ratio. So fully diluted there are roughly 467,000,000 new common shares out post transaction. The common shares underlying the preferred won't be tradable for at least a year and only about 50,000,000 of the 167,304,067 common held by the public are in the float. The other 117,000,000 are restricted and good luck depositing them. Conduct youself accordingly -
The previous owners' CEO and SEC Counsel have been deleted from the Company Profile and replaced by the new CEO and Counsel -
Schumer and the Ds are not fooling around… they NEED the revenue. THC Hourglass will be legally available nationwide. Maybe $0.50 per share in the near future ?? Which Pharma will bid for GPFT ??
GPFT promoting the hourglass brand via CBD doesn't mean there isn't a THC product.... you can literally go and buy it in SoCal today.
Obviously, they want to promote the Hourglass brand beyond just that area and they cannot due to federal regulations regarding THC. CBD only product is the perfect solution. Use your brain subslover
New GPFT Hourglass CBD cream ad
Don Lemon - check behind you -
The Yourists are not collecting cash salaries, they are accepting restricted shares at $.11 per share. Restricted shares are generally valued at a 50% discount to unrestricted shares. Therefore valuing their remuneration nominally at a $.11 per restricted share indicates a $.22 per share valuation on their services or 4X market close today. That's the accurate measure of the Yourist's day to day finanial comittment to the enterprise, exlusive of their contribution of the Coachillin real estate to the enterprise and relinquisment of the their very substanstial law practice revenues to manage GPFT day to day -
Brad Yourist shows up on New To The Street. Sounds like they are making moves into Europe as well now.
Watch the clip here:
Confirmation of what has been discussed on this board previously... GPFT will be able to tailor hourglass formula's for different uses. Game changer
https://www.cbdwire.com/cbdnewsbreaks/cbdnewsbreaks-grapefruit-usa-inc-gpft-able-to-tailor-hourglass-tm-to-specific-needs/
More positive reviews...
source
Meanwhile, more good product reviews are appearing online every day...
Another opportunity to load up here
For those of you interested in reality (unlike certain others on this board...)
https://hourglassonlinestore.com/product/hourglass-cream/
significant -
Based on past performance, it should be expected management will have something to say in the AM. Probably signifiant and positive -
Brad Yourist gave up his post, indicate a change in control, if so - why? - just for the fun of it?
You can get people's phone numbers easily through services like Spokeo for what it's worth...
Glad to see there are some sharp minds in this group today..
this is your chance to buy the dip!
See you guys at a buck
The quarter ended last Wednesday. Third quarter revenues should be out right after the election. Will they break the million dollar mark and, if so, by how much. Hourglass by GrapefruitTM production facility set to fill growing orders. The forth tranche of $1,000,000.00 from institutional investor is due any day as they are just past the 90 days after SEC effectiveness date. Facts. Things appear to be falling in place nicely. Patience and performance are virtues -
Check the discord channel, people are getting smart as the reality of the truly disruptive nature of Hourglass sets in. The new 8-K and exhibit and the new PR are instructive - One can find actual fact there. Look for the 2nd quarter MD&A with revs and margin analysis soonest. Opportunity belongs to the to the vigilant -
Total Outstanding 01/07/2020 = 493,534,262; Total outstanding 06/17/2020 = 495,100,057 six month increase of 1,565,795 or.0317%. Facts -
Per VStock - At 01/09/2020 493,534,262 total outstanding; At 06/17/2020 495,100,057 total outstanding - an increase of 1,565,795 or.0317% over six months. S-1 effective on 06/26/20. 424B3 Prospectus filed 07/01/2020. Revenues rising smartly. Anecdotals on Hourglass time release delivery system are off the charts. No pumping whatsoever.These are facts. Observe the next phase shortly -
share structure
Conclusion: The number of shares went up by 1,565,795 shares which is a 0.317% delta. The float has gone up 3,899,507 which is 5.51%. The float can easily be explained by the restricted shares going down 2,222,712 shares, presumably because people removed their restrictions. The company is clearly not blowing up its capital structure.
PS: GPFT did have a Going Concern qualification. Tesla also had a Going Concern qualification in February 2018 - the stock is 3X since.
As has been stated by the Company, GPFT has an exclusive license for the the subject technology with respect to any THC application of the subject technology.
Neither of those patents is relevant in any way to GPFT -
GPFT's Hourglass patch is to Cannabis what UBER was to public transport. The world is forever,fundamentally, irreversibly changed.