Aluf Holdings Inc (AHIX)

[Maria56]

Anyone thinking of investing in the Waffer should take a careful look at the filings, including the latest.

As of Q1 2014, Teresa and Cyril issued and gave themselves 3 billion shares. EACH.

Then, they converted most of those common shares into "Preferred" shares, so that, as of Q2 2014, Cyril held a billion shares and Teresa had one and a half billion shares.

Then, they claimed they were going to "up list" the Waffer and needed a 150 to 1 reverse split to do it!. That happened on August 28, 2014.

That pretty much decimated the value of most shareholders "investment." Reverse split is just another word for nothin left to lose.

Unless you're the CFO and the CEO, because, as of the latest filing, Q3 2104, Cyril and Teresa hold two and a half billions shares. EACH.

Not bad. Give yourself a bunch of shares. Convert most to preferred. Do a Reverse Split. Then convert the preferred back to common.

I hope everyone is taking notes, because THIS IS HOW YOU RUN A PENNY STOCK. You produce NOTHING. You provide NO services. But you live well.

Wow.