Replies to post #2520 on Jubilant Flame International Ltd. JFIL (JFIL)

[RED44]

I never saw any of the promotions but I'm glad the company didn't hire a stock promoter to sell shares. Stock promotions, crazy share dilution, and bloated floats are the norm for most OTC companies. I'm very happy to hear that JFIL is not one of them and made sure investors knew about it quickly even if OTC Markets asked them to. This isn't a fly-by-night company looking to rip people off. Makes me feel even better about my investment here.

[MattyTrader]

They put this is there too- “On December 9, 2015, the Company issued a convertible debenture to Peak One Opportunity Fund, LP, in the principal amount of $60,000. The company repaid $800 and $59,200of the debenture was converted during the fiscal years ending February 28, 2017 and 2018, with the issuance of an aggregate of 5,707,137 shares of common stock, based on a discounted conversion rate of 60% of the lowest closing bid price of a share of common stock for the twenty trading days preceding the conversion date.”


Looks like only note paid off so this is trading very cleanly imo