GEMXX Corp (GEMZ)

[TenKay]

Is BRNW a dark shell third party P&D?

Let’s review what we know:

Brainybrawn Inc. Is a defunct Delaware corporation that hasn’t made a State filing since 2016.

The issuer has not put out a press release or made any disclosure via OTC Markets since 2016

https://www.otcmarkets.com/stock/BRNW/disclosure

The company website www.brainybrawn.com is no longer active, however the orphaned site without “www” is still accessible.

http://brainybrawn.com/

The site was registered in 1999.

Domain Information
Name: BRAINYBRAWN.COM
Registry Domain ID: 2915799_DOMAIN_COM-VRSN
Domain Status:
clientDeleteProhibited
clientRenewProhibited
clientTransferProhibited
clientUpdateProhibited
Nameservers:
NS75.DOMAINCONTROL.COM

NS76.DOMAINCONTROL.COM

Dates
Registry Expiration: 2021-01-02 05:00:00 UTC
Created: 1999-01-02 05:00:00 UTC
Contact Information
Registrant:
Organization: BrainyBrawn, Inc.
Mailing Address: New Jersey, United States
Technical:
Organization: BrainyBrawn, Inc.
Mailing Address: New Jersey, United States
Administrative:
Organization: Network Solutions, LLC.
Mailing Address: Virginia, United States
Billing:
Organization: BrainyBrawn, Inc.
Mailing Address: New Jersey, United States

The company address on OTC Markets is a mail forwarding service

https://www.usglobalmail.com/contact-us/

The company location on the defunct website is:

1642 Union Blvd., Suite B, Allentown, PA – 18109

But there is no evidence that Brainybrawn is there:

https://goo.gl/maps/og5nDWYTFCty5NfV9

Also, the phone numbers provided are no longer active.

Back when Brainybrawn was active on some level, the operational arm was their wholly owned Subsidiary

Sanvi Infotech

http://brainybrawn.com/brn/Sanvi_Infotech.html

However, that company is now gone

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155685867

So in summary:

1) No Delaware State filings since 2016
2) No OTC disclosures since 2016
3) No apparent active office location
4) No active phone number
5) No longer any active subsidiary

All the hallmarks of a dark defunct OTC company

Then, a few months back there was some buying volume showing up with no real catalyst. Given recent events that appears now to be frontloading ahead of the current promotion.

On May 4, 2020 a new website domain was registered behind a domain proxy address:

www.brainybrawninc.com

Domain Information
Name: BRAINYBRAWNINC.COM
Registry Domain ID: 2521905112_DOMAIN_COM-VRSN
Domain Status:
clientDeleteProhibited
clientRenewProhibited
clientTransferProhibited
clientUpdateProhibited

Nameservers:
NS07.DOMAINCONTROL.COM
NS08.DOMAINCONTROL.COM
Dates
Registry Expiration: 2021-05-04 00:12:57 UTC
Created: 2020-05-04 00:12:57 UTC
Contact Information
Registrant:
Organization: Domains By Proxy, LLC
Mailing Address: Arizona, United States
Technical:
Organization: Domains By Proxy, LLC
Mailing Address: Arizona, United States
Administrative:
Organization: Domains By Proxy, LLC
Mailing Address: Arizona, United States
billing:
Organization: Domains By Proxy, LLC
Mailing Address: Arizona, United States

This is probably the biggest tell that this is a third party P&D since they had to create a new website with a domain that was close to but not the same as the existing legacy website.

Subsequently on May 9, 2020 a new Facebook page showed up.

https://www.facebook.com/BrainyBrawn-inc-100296161692436

So the stage was set and promoters got to work on social media touting two mergers getting the company into a couple of tried and true pennystock pumpable narratives for “gold mining” and “cannabis”.

Since the company itself is not providing any actual disclosures through OTC Markets or on its legacy website one other piece needed to be added to the story…and OTC Markets’ TA Share Verification Program provided that. So the story is that those updates are being driven, or paid for, by the company.

Unfortunately, as has happened with other dead tickers that is not what is happening as is outlined here:

https://otcmarketresearch.com/the-truth-about-share-structure-updates-on-the-otc-markets-website/

However, the OTC is never really a place for facts to overcome hype (at least in the short term) we start to see the results of that:

How long this can be sustained before the music stops is anyone’s guess, and perhaps the SEC will step in, albeit them doing so for dark defunct non-reporting stocks is rare.