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EFTB registration revoked:
https://www.sec.gov/litigation/admin/2019/34-86762.pdf
ERROR: EFTB registration not (yet) revoked:
https://www.sec.gov/litigation/admin/2019/34-86704.pdf
Wow they did that to quite a few this morning!
Cool, glad they corrected it. Could make people have heart attack!! lol
EFTB https://otce.finra.org/otce/dailyList
Reinstated, deleted in error.
08/20/2019 08:47:04 12(j)Registration Revoked by SEC 08/20/2019 08:47:00
EFTB
EFT Holdings, Inc. Common Stock
EFTB FINRA Trade Resume from suspension https://otce.finra.org/otce/tradingHalts
EFTB EFT Holdings, Inc. Common Stock T3 Other OTC Trade Resume
EFTB SEC Admin. Proceeding to revoke their stock registration for severely delinquent Financials:
https://www.sec.gov/litigation/admin/2019/34-86467.pdf
EFTB ready for 0.03 push
EFTB 0.0275, Winning lawsuit
In December 2017, the Company resolved its lone remaining legal matter, a lawsuit against Buckman Buckman & Reid and Peter Lau, which was resolved to the parties’ mutual satisfaction. Under the settlement, the Company was paid an initial sum of approximately $567,555 in July 2018 and, since July 2018, has received approximately $13,888 per month, which monthly payments are to continue through March 2021.
EFTB starts filing again 10K out after hour; $1.2M cash flow in;
As of February 8, 2018, 75,983,201 shares of the common stock of the registrant were issued and outstanding.
Stock Purchase Agreement
In February 2018, the Company entered into Stock Purchase Agreement with an unrelated third party, JFL Capital Ltd., pursuant to which the Company sold all of the capital stock of its subsidiary, EFT Investment Co. Ltd. (EFTI). The gross purchase price under the Stock Purchase Agreement is $3,010,000, with the net purchase price of $1,200,000, after deduction for the following debt of EFTI: (a) $1,000,000 owed by EFTI to EFT Assets Limited (EFT Assets), which is be paid to EFT Assets by JFL Capital, and (b) $800,000 owed by EFTI to the Company, which debt was cancelled by the Company. Payment of the $1,200,000 net amount is to be made to the Company in monthly installments of $50,000, until paid.
Settlement of Lawsuit
In December 2017, the Company resolved its lone remaining legal matter, a lawsuit against Buckman Buckman & Reid and Peter Lau, which was resolved to the parties’ mutual satisfaction. Under the settlement, the Company was paid an initial sum of approximately $567,555 in July 2018 and, since July 2018, has received approximately $13,888 per month, which monthly payments are to continue through March 2021.
https://www.otcmarkets.com/filing/html?id=13274569&guid=gqCtUeO9ab471yh
EFTB link back to pending winning lawsuit showing in 10Q;
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=128470499&txt2find=eftb
EFTB 8K new officer Hu Xiaobao from iGlobe Partners
Seems to be this guy
http://www.iglobepartners.com/people_xiaobao_hu.html
Following the resignation of Norman Ko, on April 24, 2017, the Company’s remaining directors, Jack Jie Qin and Visman Chow, elected Hu Xiaoboa as a Director of the Company, to fill the existing vacancy on the Board of Directors. Certain information concerning the background of Mr. Hu is set forth below.
Hu Xiaoboa . Mr. Hu Hiaoboa, 77, was, from 2004 to 2015, a partner in the U.S. venture capital firm iGlobe Partners, where he established and managed a portfolio of successful investments. For more than the past 10 years, Mr. Hu has served in the leadership of the Shanghai Science and Technology Investment Corporation and at the Shanghai Institute of Laser Technology, where his responsibilities include oversight of activities in five countries and several key scientific and technological projects in Shanghai. Mr. Hu graduated from the Department of Modern Mechanics, China University of Science and Technology. He served as a technical director of the Chinese Academy of Sciences and Shanghai Institute of Science and Technology and has over 40 years of experience in advising companies with respect to technical management, operation and venture capital matters.
I remember I saw it before in the filing. Do you mind post where you find the statement?
$EFTB getting 2.5 million dollars tomorrow. I wonder if share price will shoot up after lawsuit is finished with. Very quiet here before tomorrows settlement. in fact this is first post in months...hmmm
eftb for a bit on GUMZa call lets see what hes got
EFTB 0.022 X 0.025 no shares left. $14M lawsuit win + no dilution since 2009; silver coming today
EFTB pick up some $0.015. 10Q shows $14M lawsuit win; $6M cash in hand; 75M OS and 7M in float
On October 15, 2015, the Company reached a settlement agreement with Meifu and TransGlobe. Pursuant to the settlement agreement, EFT Investment received an office building and associated land with fair market value of approximately NTD 305 million (approximately $9.3 million) and cash of approximately NTD 153 million (approximately $4.7 million) from Meifu and cash of approximately NTD 76 million (approximately $2.3 million) from TransGlobe. The Company recorded a gain of $13.8 million from this settlement, net of all related settlement charges, commissions and fees, in the quarter ended December 31, 2015. As part of the settlement agreement, the Company agreed that it would pay Meifu up to NTD130 million (approximately $4 million) and pay TransGlobe up to NTD13.5 million (approximately $0.4 million) if a certain tax return is not refund from the government. (See Note 11)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11198902
Is this in regard to the Huemoeller of a certain Propell? Know something about the company? I was looking at it...
Is this in regard to the Huemoeller of a certain Propell? Know something about the company?
EFTB appears to still own 10 million shares of CTX Virtual Technologies -CTXV. Those shares show little if any value on EFTB's financial statement. The shares were written down to nothing because they were seldom traded. CTXV currently trades at $1.50 Bid and $1.75 Asked. Currently, EFTB's investment in CTXV carries a market value of $15 million. The Market value of all of EFTB's shares is less than $1 million. I have heard some good things about CTXV with sales this past year of around $175 million and projections for next year of around $300 million and several significant new products coming to market. I know the president of EFTB has the proven ability to lose several million dollars of company assets each year, however if the investment in CTXV proves out as it seems, he may have another $15 to $20 million to squander. This should keep EFTB in business for another 4 or 5 more years. GO CTXV!
Material rev/net income showing some life with ask tappage at .024 watch close for promo of some sort in the next 30-60 days
EFTB PrePromo Alert
Good earnings for Quarter ended 6-30-11:
https://research.scottrade.com/qnr/Stocks/GetPDF?docKey=137-000114420411049549-22QBKPPUSEBA18VS5I1KFPPNAS&docFormat=TXT&formType=10-Q
we get continuous volume daily from this one !!!!!
473 shares traded today,,,serious activity here !!!!!
look at the 2 month chart for this !!!!!!!
Bought at $4.30. It's down some since then.
still cloudy weather here , sun ever going to shine ???????
It's been a long haul but the sun is about to shine. JMHO
Notice the two obscure announcements in two days. These appear to be prep for the AMEX listing.
'doinit' It's a'comin together son.
yes, waiting, some "waits" are longer than others !!!!!
still think this is a "load up" stock ???
wishing on a good time run on pps here
when not expecting , this will fly !!!!
down turn in price , !!! time to accumulate ?????????
I'm looking at that share price thinking,hhhmmmmmmm !!!!!!!
hey jcsong619, long time since you been here , long time indeed !!!!
this has been quiet so long , something is getting closer to happening !!!
guess not, no reply yet !!!!! still waiting !!!
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