Gifa Inc (GIFX)

[StockBull]

So you’re saying it IS possible for a company to dilute while they are a non-reporting caveat emptor entity??? That’s total and utter BULLSHIT! The only time a company can dilute is if they at one point became current by providing financials to the SEC. Dilution would show up in those financials, letting shareholders know what to expect. In this case, there were NeVeR any financials provided by GIFX as it relates to their business activities, therefore there is absolutely no way they can dilute a single share.

Now it would be a totally different story if GIFA provided their own financials at one point in time. If they had convertible notes, shareholders would expect dilution. If later on GIFX decided to stop providing updated financials, they would go into a delinquent status. Here’s the difference. SEC Delinquent doesn’t mean convertible notes holders aren’t able to dilute. In fact, even after a company is non-reporting for months on end, note holders can still exercise their right to their money. The issue with GIFX is they NEVER provided their own financials, so they CAN’T dilute a single share, unlike other similar scam stocks with O/Ss upwards of 1.4 billion.