Shell Stocks; Reverse Mergers; Acquisitions; Zombies; Greys; & All "Other" Plays

[Potse]

zjaye21...IBGH/QUBT, PLFM, Nutripy......

What happened with this? Because now Nutripy is on another OTC stock profile as contact info and people are considering it to be a RM play....

Regarding IBGH/Nutripy: This is based on my best recollection. When Angela Collette received custodianship of the IBGH shell, she updated the NVSOS filings to reflect her control of the company. She also updated the OTC Markets profile page (the contact details and company officer sections) to reflect her control.

At some point all of the information in the contact details section of the OTC Markets page was changed into contact information for Nutripy. This is what led investors to believe that Nutripy was going to reverse merge into IBGH. At some point the website and phone information was changed back to Collette's info. And then at some point the rest of the contact information was changed back to Collette's info.

IBGH eventually did a reverse merger with a quantum computing startup company. As far as I am aware, Angela Collette has never provided any explanation as to what exactly took place there. Despite all those strange changes, IBGH/QUBT turned out to be an extremely nice 10-20+ bagger opportunity from the sub-penny levels.

Regarding PLFM/Nutripy: I haven't followed PLFM very closely so any comments/observations I make here should be viewed as coming from someone who isn't fully informed as to all the past/current things going on with the PLFM company/shell.

I am a little surprised that Jeffrey Moore has picked a shell like PLFM to get involved with (particularly if he is planning to bring in Nutripy). PLFM and its past management always seems to have a lot of "drama" surrounding it, and the process of cleaning house on a shell like this can sometimes be much more problematic and headache-inducing than initially anticipated.

It is difficult to really know if PLFM offers a good risk/reward at the moment without getting a better grasp on what the current share structure and debt situation looks like. The confusion surrounding the size of the reverse split adds to the uncertainty (the NVSOS would seem to suggest a 1:10 split, but then George Sharp says the split might be at least 1:1000.

When Moore (or past management?) changed the name of the company to "Body Basics" back in June (a name which I am assuming they will return to once they get all the FINRA/OTC problems figured out) that suggests the future of this company/shell will involve something in the wellness/vitamins/pharma area. I am not 100% certain but I think Body Basics is a California privately-held company involved in the distribution of vitamins or wellness products.

Assuming that Jeffrey Moore is able to get the shell cleaned up and is able to complete whatever structural changes he wants, I think it is reasonable to assume that Nutripy would probably be part of some reverse merger here.