Wednesday, September 27, 2017 5:06:47 PM
I had a really good conversation with the employee. Even though she had not been able to disclose much, I got the impression that there is a lot going on and that the company is going to be making some announcements about the direction it is heading and updating shareholders in General.
She confirmed that 80% of the company is owned by the employees and that the future move of the company should be beneficial to everyone.
Keep in mind that this entity had been virtually dead for 2 years and you could not get anyone on the phone. The fact that they now have people in place to take calls and respond to investor inquiries, means to me that big things are going on behind the scenes.
This clearly proves my point that the entity would not pay fees to be REINSTATED unless they had planned on doing something with the Shell/ENTITY.
I WOULD LOAD UP in my opinion, because who know when they will update shareholders. It could be any day now.
I was able to grab some 5's today. I had tried at 4's but nothing was filled. 5's and 6's appear to be a great Loading Point!
THE MAJORITY OF THE FLOAT IS LOCKED.
GFOO Float Employee owned.
Deal Funded Via Shares Swap
Both the firms indicated that their respective shareholders have approved the exchange by a majority vote. In order to complete the transaction, Genufood Energy Enzymes Corp (OTCMKTS:GFOO) issued shares of its common stock to Natfresh Beverages Corp. The share exchange occurred at a face value of 1:1 ratio. A total of 1,156,460,641 shares of common stock issued by Genufood has hence been transferred to shareholders of Natfresh.
NATFRESH Had originally tried to do an IPO on the NASDAQ before doing a Share Exchange with Genufood.
State of Inc
NV
Fiscal Year End
8/31
Status
Withdrawn (10/15/2014)
Proposed Symbol
--
Exchange
OTCBB
Share Price
$0.65
Shares Offered
18,147,741
Offer Amount
$11,796,031.65
Total Expenses
$865,000.00
Shares Over Alloted
--
Shareholder Shares Offered
11,947,741
Shares Outstanding
1,156,460,641
Lockup Period (days)
180
Lockup Expiration
--
Quiet Period Expiration
--
CIK
0001562788
http://www.nasdaq.com/markets/ipos/company/natfresh-beverages-corp-893941-71280
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=qDpp60ra6IvRyjUMURZhug%253d%253d&CorpName=GENUFOOD+ENERGY+ENZYMES+CORP
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- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 12/29/2023 01:47:28 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 10/11/2023 02:32:09 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:15:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/27/2023 08:57:33 PM
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