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Thursday, May 31, 2018 1:15:07 PM
This development will be followed by many new and effective products with amazing promotions in the North American market. Please continue to follow us on all online and offline channels.
The trusted and iconic South Korean beauty brand, whose products are used by millions of women across South Korea, China and Japan, will finally be available to American consumers.
Share structure as of 3/15/2018:
A/S: 75,000,000
O/S: 18,185,708
Restricted: 10,754,686
Float: 7,431,022 (estimated)
https://www.otcmarkets.com/stock/JFIL/security
DEBT-FREE!
From Quarterly Report Ending August 31, 2017:
NOTE 5 – CONVERTIBLE DEBT
On December 9, 2015, the Company issued convertible promissory notes totaling $60,000. At the time of issuance, the notes were evaluated and were determined to contain embedded conversion options that must be bifurcated and reported at fair value with original issue discounts. As a result, a derivative discount on convertible promissory notes was recorded. During the second quarter ended at August 31, 2017, the company paid off the remaining outstanding note balance in full with 140% interest. As a result, the convertible note balance net of discount amortization for the six months ended August 31, 2017 amounted is zero.
Recent JFIL News
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