Replies to post #27745 on Authentic Holdings Inc (AHRO)

[price_and_volume]

The "approximate timelines" have stretched way-out unfortunately

happy to see transparency on all challenges they’ve encountered and providing approximate timelines for addressing them!

Back in August we were told this:

The Company has spent several weeks negotiating with a group of eight convertible noteholders to mitigate the situation in a manner that allows the company to ultimately pay off the convertible notes while alleviating the pressure on the common equity.

We are now in the final stages of working out a mutually suitable arrangement for a leak-out agreement which we feel will allow a more efficient market for the Company’s common stock as conversions occur. We expect to have all of the agreements finalized in the coming days.

3 months later, it appears those 2 paragraphs either stretched the truth, or were outright lies.

Now the latest "update" has the financial-disclosure process stretching out into 2021, just to see 2019's financials!

The good news I guess is there's no meaningful revenue, so we're not missing much there.

But financing & convertibles that WILL REQUIRE DILUTIVE SHARE ISSUANCE are important, and appear to be what GFTX continues to intentionally hide.