S A M Trade Asia Pte. Ltd. (SMFX)

[HDOGTX]

What the heck is going on here, a r*m or something!!! From what I read it looks intersting, anyone gonna give me the guick skinny on the dd?


I saw the stickys and this got my attention, it does not appear an 8k has not been released with new officer nor any pr about it and his intentions yet, saw the email correspondence too, looks very intersting!

The company is in the process of corporate updates and updates on pink sheets and expects to have updates available in the days ahead. (How many days)


Interpretation by Iglatend ((IHUB user): PFMS has created 4 million series D shares. Reading the filing closely gives me the impression a reverse merger is definitely happening here. A very important point is the conversion rate is 1 series D to 1 common. Meaning they are NOT getting a millions of common shares to dump if they choose to convert. The valuation on these series D shares is $1.00/share. They would never convert unless PFMS is trading over a dollar a share. Why issue these? Read the info regarding preference to the Series D shares in the event of a merger. They will get paid well if/when the merger takes place. This will not hurt the common shareholder. After reading this filing, I am more confident a reverse merger is going to happen and happen in a matter of weeks at this point. This is all my opinion and my own interpretation. Read the filing and see what you think. It all adds up now though.