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Dragon Lady

01/07/21 9:42 AM

#68185 RE: QueenOfDragons #68184

GIFX_CRIME_OF_INITIAL_COIN_OFFERING = THEY_CAN_NEVER_SEC_FILE !!!

Lets be crystal clear here folks: GIFA-CON is a massive scam and will never, ever, ever, SEC file so much as a post-it note !

Their "new venture" into the world of "CRYPTOCURRENCY" scams and fraud, and especially "claiming" to be initiating a ICO (Initial Coin Offering) W/O SEC APPROVAL = A SEC CRIME, CUT n DRY !!!

CRYPTO "ICO" = UNREGISTERED and ILLEGAL SALE OF SECURITIES PER SEC !!


https://www.sec.gov/news/press-release/2020-37

https://www.sec.gov/ICO

https://cointelegraph.com/news/the-death-of-the-ico-has-the-us-sec-closed-the-global-window-on-new-tokens

THAT is the entire history of the SEC CRACKDOWN on "ICO's" and UNREGISTERED SALES OF SECURITIES LAWS due to same !

GIFA-CON (GIFX) is NOT EVEN A SEC FILER nor a SEC REGISTRANT and thus in no way could have SEC REGISTERED their ICO, not that it would matter - as the SEC is approving ZERO ICO's, as in NONE !! PERIOD !!

QUOTE:

"What about staying out of the U.S.?

One tricky element of digital assets is their ability to cross borders freely. The U.S. SEC plays a major role in global financial regulations due to the size of the country’s economy and investment market.

When it comes to cryptocurrencies, the SEC has claimed potential jurisdiction over any token that could make its way to U.S. investors — given the technological savvy of many in the crypto world, difficult to avoid."


AND

"They’re literally told if you want to launch a token, whatever you think you want to do with it, come check with the SEC first. [...] And you can grovel. If you grovel well enough, then we’ll give you a no-action letter. You have hundreds of companies waiting on no-action letters. They’ve approved two. You can’t raise capital while you’re waiting for that
"


NO NEW CRYPTO "CURRENCY" ICO's are LEGAL PER THE SEC - unless REGISTERED AS "SECURITY SALES" and the SEC is NOT APPROVING ANY - PERIOD !!

GIFA-CON IS JUST DEEPER INTO THE CRIME AND SCAM HOLE - and can never, ever, ever lose their CAVEAT EMPTOR and SKULL & BONES STATUS AND NEVER PLANS TO - it's a ruse, a con, a scam !!


Kisa-the-CON is using the "WE TRADE ON THE PUBLIC MARKETS" as nothing more than a crutch and TRNC LOCAL PUMP he can use in the crap hole TRNC and other crap holes like AFRICA to run even BIGGER CONS and SCAMS - such as WORTHLESS "COIN OFFERINGS" - that is what we're witnessing now.

GIFA IS NEVER GOING TO SEC FILE - it's that simple folks, it's a TOTAL FRAUD.

CALL AND ASK BILL WILLIAM M. AUL if he will get "SEC FILINGS ON EDGAR" for GIFA INC knowing they're running an illegal CRYPTO ICO at using the following websites :

https://gifatoken.com/

https://ico.gifatoken.com/

https://exchange.gifatoken.com/

GET WILLIAM M. AUL TO PUT IT IN WRITING PEOPLE - and wait for the crickets, the click of the phone hanging up or just the NO REPLY TO AN EMAIL, as Aul WILL NOT ever speak of GIFA INC again, unless he's issued a SUBPOENA BY THE SEC or per "other" lawsuits or law enforcement :)


William (Bill) M. Aul
1660 Hotel Circle North, Suite 207, San Diego, CA 92108-2803
619-497-2555
Bill@Aullaw.net
members.calbar.ca.gov/fal/Licensee/Detail/156205

Also from recent Google maps information (Oct 2020) William M. Aul may be maintaining a new "virtual office" location listed as:
William (Bill) M. Aul
8880 Rio San Diego Dr, #1000
619-209-6177

https://www.otcmarkets.com/stock/GIFX/overview

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