Gifa Inc (GIFX)

[Tengri]

JBZY bought the DOLV shell in December 2016, then dropped a "marketwired" press release confirming the shell purchase in April 2017 (3-4 months later). On the back of that news, DOLV flew up to $0.06-$0.12 - i.e. $50M-100M market cap. All of which happened before the ticker change to JBZY in October 2017 (9-10 months after the initial purchase of the shell).

GIFA bought the FRFS shell in October 2017. It is now 3-4 months later, and there has not been any "marketwired" press release. I have a feeling GIFA won't release such news, until they get their new name and ticker from FINRA - which might take place as far out as the summer of 2018 if it happens to take as long as JBZY.

That said, all things being equal, a press release that drives the market cap up to $50M-$100M would put FRFS at $0.30-$0.60 given the smaller outstanding share count... But let's not forget, JBZY is an emerging start-up whereas GIFA is a mature multinational enterprise, already achieving the billion dollar revenues that JBZY expects to generate in coming years.. Hence it seems a press release (or an official filing) could well have an even greater impact on FRFS.

Hope this helps.

d.