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Re: Checkfan post# 19406

Tuesday, 01/30/2018 10:51:36 PM

Tuesday, January 30, 2018 10:51:36 PM

Post# of 72600
Firefish FRFS (soon to be GIFA).. GIFA Holdings is the company reverse merging into FRFS, it is led and managed by Yusuf Kisa... http://www.yenibakisgazetesi.com/who-is-yusuf-kisa/27950/ .. (published Jan 24 2018)... who "employed over 200 staff and grew to gross a remarkable turnover of 2 billion euros" and "as a result of his success to date, GIFA is now the second Turkish company to enter the US Stock Exchange and is rapidly growing into a financial phenomenon"... That said, FRFS stock is currently trading at $0.055, which represents a deeply discounted market cap of only $9 million (= $0.055 stock price x 160 million outstanding shares)... Once the GIFA merger is all said and done (expected in 2018), we could see a market cap correction that drives the price up at least 5,000% from these levels... And that would put the market cap at $440 million, which is less than 0.22x the above-stated, multi-billion euro revenues... If that were a conservative baseline scenario, I dare to dream what a premium value upside scenario would look like :) Risk/reward ratio here is a rarity in the OTC