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  4. Gifa, Inc. (GIFX) Message Board

Recently on both IHUB and Twitter, posters have as

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Post# of 89
(Total Views: 1394)
Posted On: 01/26/2018 11:24:30 PM
Posted By: hestheman
Recently on both IHUB and Twitter, posters have asked the question......why are all of Gifa Holding's subsidiaries under DISSOLVED status? Followed up by, "this must be a scam" or "they were all failed business ventures". This might be the answer https://www.lexology.com/library/detail.aspx?...804dac8013 read all of this link carefully. Gifa Holdings was established in 2014. All of Gifa's singlehand companies had all existed many years PRIOR to the holding company being formed. AFTER 2014 (many in 2016) and the formation of the holding company is when we begin to see the subs dissolved. Actually, I believe they were absorbed. When a subsidiary is absorbed by the parent company (AKA merger by absorbtion) It is not actually liquidated. The registration is cancelled and it is under dissolved status. This makes perfect sense. We know Yusuf Kisa stated he had studied and prepared to enter the U.S. stock market for years. He formed a conglomerate so to speak. Rolling up all of these companies into holdings ensures a Nasdaq worthy listing if all of the revenue numbers we've seen in past articles hold true. This is a perfectly logical explanation for all of Gifa's subs being listed as "Dissolved". FWIW.....after the FRFS reverse triangular merger......Gifa Holding is now Gifa Inc. Gifa Inc is now the umbrella for all of these companies.


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