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Replies to #8082 on Gifa Inc (GIFX)
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ForReal

10/22/17 1:05 AM

#8088 RE: sir90 #8082

According to the rules noted, GIFA, Inc. will have to become a fully reporting company and provide a full year of audited financials for the seasoning year, as just one of the requirements for up listing. Along with that, an S-10 registration must be completed, requiring audited financials for the company that desires to become fully reporting.

I don't think GIFA will do this. It would have been less expensive and time consuming to buy a fully reporting shell, if that was their intent. Look at what is happening with Dolat.
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DeliverySuccess

10/22/17 7:54 AM

#8109 RE: sir90 #8082

FRFS

you're getting too far ahead. we don't know anything about the financials of gifa yet.

something like MTV* merging into FROZ was horrible and crashed the price of MTV* because of their financials.

but something like SPEA turned out to be insanely good for investors.

we arent there yet, we will know on the form 10.

personally, I know im not willing to throw away a chance at a couple 10s of thousands of percent gains to worry about a couple 10s of percent short term loss.

but hey thats just me.