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Friday, October 11, 2019 10:33:52 AM
Disinformation and more false narrative poppycock to repress, restrain, stifle, and hold back $GIFX.
FACTS ARE:
1) Any "proposal" about anything by the "SEC" will be in review/committees and never see the light of day for a year minimum to years at least. Turtles with missing legs move faster than the SEC, LOL !!
2) Nothing "new" is in this supposed "SEC proposal" which has nothing, zero to do with GIFX, aka GIFA Inc which are the same entity.
3) GIFX is not even subject to the terms in the "proposal" (and that's all it is) due to their reporting company status, the fact they have active council engaged with FINRA and the SEC etc.
4) The "proposal" is to HELP MAKE IT EASIER FOR COMPANIES to comply, NOT the reverse as is claimed in the false narrative.
5) This "process" which is the topic of said "proposal", is regarding a lengthy escalation process - where all the following have to occur and have nothing to do with a company such as GIFX in an active reverse merger process:
a) The company has to be a shell and/or dead. Deader than a door nail. Does not apply to GIFX or GIFA Inc. Period.
b) The SEC then has had to have tried multiple times, via multiple way- writing, email, phone etc to contact said company, officers, contacts listed, attorney, etc and gotten NO RESPONSE. PERIOD.
c) The SEC must then escalate via a process of written documentation that they've attempted to contact said shell (GIFX is not a shell and never was a shell. Period) and that they are getting no replies from any source, anywhere.
d) Then and only then- after exhaustive review- will the SEC be able to take steps on the stock to halt it (sometimes for 2 weeks only) or decide what they want to do. Period. End of story.
None of the "proposal" relates to GIFA Inc or GIFX in any way, shape or form.
It's a false narrative to make any attempt to link GIFA Inc or GIFX to some "proposal" by the SEC that has not happened, is not even active or in-place, does not apply to GIFX based on their reporting method/type etc.
Poppycock BS null and void. Simple as that.
Aul already stated, "Does not apply to Gifa, has nothing to do with small reporting company standards" blah blah blah.
Aul, 38 yr SEC expert attorney versus misinformation based on nothing? LOL !
Call the SEC - this "proposal" is to make it easier for companies to comply - the SEC openly stated, "We DO NOT ever prefer or want to halt or stop trading in a stock, as it may negatively impact existing shareholders".
Ask the SEC if their "proposal", which will not be codified law for a year or more if ever, if it has anything to do with GIFA Inc, aka GIFX and get the real facts, not stockbullshit.
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
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