GIFA Inc and Grandex Finance: Factual due diligence...
Contrary to the stockbullshit disinformation and false narratives, GIFA Inc and Grandex Finance are very, very much real.
No myth of supposed "red flags" or "concerns" exits. None. Total BS ! "Factoring" loans is a very, very lucrative business, as are "payday" loans
- both of which Grandex does and is doing as a direct lender.
And now as a 100% wholly owned subsidiary of GIFA Inc, aka $GIFX !
Half the OTC stocks I've ever followed and read their SEC filings in detail, they all use "Factoring Loans" to help their cash low situations, make payroll, get through cash "crunches" etc. Interest rates are high, but cash is king as they say- so they "factor loan" against their in-coming receivables.
Gifa is now doing this via the Grandex purchase. Adding direct lending to their already lucrative loan brokering business.
It's very good, and one of the items they're "rolling into" Gifa Inc, as we speak. It's part of the delay, as the Grandex purchase/merger was only completed in Jan/Feb of 2019, this fiscal year. It takes time to normalize all their accounting to U.S. dollars, etc. https://www.globenewswire.com/news-release/2019/02/04/1709871/0/en/GIFA-Inc-Announces-Acquisition-of-GIFA-Holding-Limited-the-Divestiture-of-Firefish-Private-Networks-Limited-and-More-Recently-the-Acquisition-of-Grandex-Finance-Limited.html
Quote: "In addition and on January 16, 2019, the Company’s subsidiary, Gifa Holding, completed the following acquisition:
Gifa Holding acquired (the “Grandex Acquisition”) nearly all of the outstanding capital stock of Grandex Finance Limited, a company domiciled in the Turkish Republic of Northern Cyprus (“Grandex”). The Grandex Acquisition was completed as a cash purchase of the Grandex stock.
Grandex is based in Lefkosa in the Turkish Republic of Northern Cyprus. Grandex is in the direct lending business of providing payday loans, short term loans, and installment loans generally in the Turkish equivalent of up to $10,000 (U.S.) in the Lefkosa market area.
Grandex offers its customers fast loan processing without application fees or late payment fees and with average monthly interest rates of about 30% on outstanding balances. Customers are also offered several repayment options and may be able to qualify for higher loan amounts as well. "
Grandex is real, and augments the Gifa branch/division known as their "Financial consulting" division (their loan brokering business essentially) as seen on prior tax documents, their largest and most profitable division, Grandex augments it in a huge way.
Grandex, like Gifa Inc new headquarters, the main office (there are other branches) is located in an immaculate and up-scale newly built outdoor shopping promenade with many designer fashion stores, a major bank, medical offices and law and professional offices on the 2nd floor, and trendy loft apartments above that.
A very clean, very up-scale and newly built development- and Chairman Kisa put the Grandex main office right on that Blvd. It's nice as all get out.
Grandex is indisputably "real", despite stockbullshit misinformation and false narratives about it and $GIFX, it's 100% as real as it gets.
Boots on the ground due diligence folks on the island of Cyprus took those photos of the Grandex Finance main office and we have 100% verification they have opened new branch offices too- we know, we've got people who have been there and seen them.
Our due diligence is verified facts versus the disinformation about GIFA Inc and $GIFX and their conglomerate subsidiary operating business units w/ no factual basis to support any of the false narratives made.
Gifa Grandex Finance their newly acquired direct lending business unit:
The company GIFA Inc ($GIFX) owns many "hard assets" including a newly built $12 million euro, 4-story, world class headquarters building in addition to a newly purchased raw chemicals and pharma manufacturing plant- among many other assets:
Their main world headquarters - a 4 story, newly built state of the art building and facility:
Oil/gas and gasoline distribution buy-out contracts finally signed after 6 plus months of negotiations- the last delay to reverse merger completion and final SEC filings for this conglomerate deal: https://gifaholding.com/
Gifa Consulting their main loan brokerage/consultancy business unit: https://gifaconsulting.com/
Gifa travel and tourism business unit: http://gifaturizm.com/
The Gifa Forex Trading business unit: http://www.gifaforex.com/
Gifa Intel Chemicals their raw chemical and pharmaceutical business unit: http://intelchemicals.com/
Yeni Bakis: their full color, daily, in-print newspaper business unit:
Tukish TV coverage of Gifa. This is a widely watched, Turkish TV professionally produced program that follows emerging and up and coming companies in Turkey and their region - it's like a CNBC business show of Turkey.
$GIFX and Gifa Inc and all their operating divisions, as real as it gets. Hard assets, growth, business units, employees, lots of employees. The polar opposite of 90% of what one will find on the OTC.
Their real estate holdings alone make this a $1 dollar stock on the day they SEC file their final filings.