COMPANY WAS JUST REINSTATED AND WENT FROM BEING INACTIVE TO ACTIVE ON THE NEVADA SOS WEBSITE (SEE BELOW)
Spoke to Francesca at GENUFOOD 1-213-330-4300 0n 09/28/2017 and was Advised that they are setting up a new phone # 1-213-337-6770 on 09/29/2017.
I Called back on 09/29/2017 and the # was in fact Active and I was provided the following information.
Betty Chen, Fayiz Dean, and James Hsu will be responding to investor inquiries.
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 Called again and spoke to the Company Attorney and he SPECIFICALLY STATED THAT HE COULD NOT DISCLOSE ANY MATERIAL INFORMATION (WHICH I WOULD NEVER WANT HIM TO), BUT THAT THE COMPANY IS LOOKING TO GO CURRENT AND TO LOOK FOR ADDITIONAL FILINGS ON EDGAR. HUGE NEWS!
ADDITIONAL COMMENTS: DUE DILIGENCE IS SHOWING A REVERSE MERGER IS LIKELY HERE.
GENUFOOD GFOO WAS PICKED UP RECENTLY AS A DEAN LAW CORP CLIENT.
Securities Counsel Dean Law Corp. 601 Union St. Suite 4200 Seattle, WA, 98101 United States
Dean Law Corp.
Securities Counsel 601 Union St. Suite 4200 Seattle, WA 98101 206-274-4598
I WOULD LOAD UP in my opinion, because who know when they will update shareholders. It could be any day now.
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
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