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Penny Stocks 2.0

07/20/17 9:06 AM

#53 RE: Penny Stocks 2.0 #52

REVERSE MERGER? Agritech Worldwide's 2 Largest Shareholders were seeking $6,000,000 and on February 2017 through Agritech Worldwide, then started Agrifiber Holdings and Agrifiber Solutions March 2017 using SAME Address and Phone Number.

Agritech Worldwide seeking $6,000,000 >>  https://seekingalpha.com/filing/3418990

The address for Mr. Smith is c/o Agritech Worldwide, Inc., 1011 Campus Drive, Mundelein, Illinois 60060.

Agritech Worldwide, Inc Phone: (847) 549-6002

Name of Issuer Agrifiber Holdings LLC Street Address 21011 CAMPUS DRIVE City State/Province/Country ZIP/Postal Code Phone Number of Issuer MUNDELEIN, ILLINOIS 60060 (847) 549-6002

They OFFICIALLY received a $6,600,000 INVESTMENT as of JUNE 2017 >> https://www.bizpedia.xyz/d/agrifiber-holdings-llc/filings/16985240

Agrifiber Holdings LLC $6,625,000 Financing

Agrifiber Holdings LLC just submitted form D announcing $6,625,000 equity financing. This is a new filing. Agrifiber Holdings LLC was able to sell $6,625,000. That is 100% of the round of financing. The total private offering amount was $6,625,000. The financing was made by 17 investors. Minimal accepted investment was $50,000. The financing document was filed on 2017-06-19. Agrifiber Holdings LLC is based in 1011 CAMPUS DRIVE MUNDELEIN 60060. The firm's business is Manufacturing. The firm's revenue range is Decline to Disclose. The form was signed by Jonathan Kahn.

Agrifiber Holdings $6.63 million Fundraising. James J Greenberger Filed Jun 19 Filing

June 19, 2017 - By Adrian Mccoy


Agrifiber Holdings Financing

Agrifiber Holdings Llc, Limited Liability Company just submitted form D regarding $6.63 million equity financing. This is a new filing. Agrifiber Holdings was able to fundraise $6.63 million. That is 100.00 % of the fundraising. The total fundraising amount was $6.63 million. The form was filed on 2017-06-19. The reason for the financing was: unspecified.

Agrifiber Holdings is based in Arizona. The firm’s business is Manufacturing. The form was filed by James J Greenberger Attorney. The company was incorporated in 2017. The filler’s address is: 1011 Campus Drive, Mundelein, Il, Illinois, 60060. Jonathan Kahn is the related person in the form and it has address: 2550 N. Lakeview, Unit S2206, Chicago, Il, Illinois, 60614. Link to Agrifiber Holdings Filing: 000170958817000001.

Analysis of Agrifiber Holdings Offering

On average, firms in the Manufacturing sector, sell 59.50 % of the total offering size. Agrifiber Holdings sold 100.00 % of the offering. Could this mean that the trust in Agrifiber Holdings is high? The average investment offering size for companies in the Manufacturing industry is $763,000. The total amount raised is 768.28 % bigger than the average for companies in the Manufacturing sector. The minimum investment for this offering is set at $50000. If you know more about the reasons for the fundraising, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Agrifiber Holdings Also

The Form D signed by James J Greenberger might help Agrifiber Holdings Llc’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

Agritech Worldwide Shareholders

Mr. Garfinkle may have been deemed to have beneficial ownership of 10,320,648 shares of Common Stock

Mr. Kahn may have been deemed to have the sole power to vote and direct the disposition of 7,783,663 shares of Common Stock


Based on my opinion, but could be something big in the works.