FDFT is a defunct, abandoned shell being manipulated on false rumors/information. It's exactly the type of stock the SEC has been going after and suspending the past three weeks:
It's a dead shell that cannot be contacted through its contact information on its OTC Markets page.
But since you brought it up, the suspension risk isn't the only issue with FDFT.
Here are some old notes of mine:
Foodfest International 2000 Inc (FDFT)
Between June 2013 - October 2013, I Net Capital Holdings LLC (Chris Leone), Liquid Management Inc (Edward Monet), and Appinero LLC (David Loflin) showed up receiving huge chunks of stock as part of a series of private transactions that Foodfest International 2000 Inc (FDFT) claimed was exempt from registration.
Monet got a total of 218,000,000 shares, Leone got a total of 218,000,000 shares, and Loflin got a total of 115,000,000 shares.
I’m familiar with Loflin going back many years as being involved in several stocks including a strong interest in MJ stocks.
Loflin was later Indicted along with the FDFT attorney, Benjamin Bunker, and Heriberto O Cruz on April 16, 2019 because of a share selling scheme they were involved with in Greenway Designs Group (GDGI) from 2013 - 2017.
Between August 2013 - October 2013 - FDFT was a heavily promoted stock. With ODD Marketing LLC (Wesley De Souza) and Micro-Cap Consultants LLC (Shane Spierdowis) as the primary paying parties.
De Souza (Penny Stock Titans) would go on to assist with paid promotions with another David Loflin/Benjamin Bunker/Heriberto Cruz stock, MKAU, (with Leone paying for the stock promotion using South Fork Ventures LLC), along with two stocks that had Leone as a shareholder at the time of the promotions (TGGI and FUBO), and several stocks that Leone was pumping on the IHUB at the same time as the paid promotions (WDHR, ONPH, UMAX, APYP, SWHI, KATX, EXAD, and UPZD).
Spierdowis was later Indicted with Eddy Marin in May of 2018 for his role in the Valentine’s Beauty (VLBI) shares selling scam.
Marin was already wanted for another federal crime and skipped out on his bail, missing a court hearing, and becoming a fugitive. He was finally captured in October of 2020 and sentenced to 17 years in prison.
Spierdowis ended up being sentenced to 18 months in prison followed by 5 years supervised release.
Fisher was sentenced to 27 months in prison followed by 3 years supervised release.
Capuozzo got 5 years probation.
The bottom line is that FDFT is just a dead shell with a trail of Indicted insiders left behind and is a suspension risk.
People should be careful about expecting too much there and use lots of caution considering the current initiative of the SEC cracking down on the manipulation of no information stocks.