$FRFS URGENT: must get this out to $FRFS, and Twitter - I have very small bandwidth, so please get this evidence out to your appropriate contacts ASAP! Summary: The Pacific Stock Transfer TA incorrectly "confirmed" one billion A/S - but actual NVSOS confirmed A/S is 500Mil and will be corrected back to 500Mil in the next 24/48 hours max - so this ticker will bounce back at least 30-40% IMO - just on this news.
Here is the letter I sent to the GIFA attorney after I spoke with "Malou" at Pacific Stock Transfer at 5:21PM EST today.
"
Mr. William Aul, Mr. Ilksen Yesilada,
Due in large part to your failure to communicate with GIFA's Stock Transfer Agent, Pacific Stock Transfer, caused Pacific Stock Transfer to incorrectly confirm 1,000,000,000 (one billion) shares on the OTCmarkets.com website on September 14, 2018. The transfer agent advised me today that you have failed to notify them in writing that the GIFA, Inc. share structure they have on record is incorrect. As a result of this failure to communicate with your transfer agent, the stock price for FRFS (GIFA) fell <>40% in just 5 days, as FRFS/GIFA shareholders dumped their shares based on this erroneous information. Pacific Stock Transfer stated that the last official record they have from FRFS/GIFA is 1,000,000,000 (1 billion) shares, which is incorrect. Your TA advised me that only you, Bill Aul, can confirm that GIFA's correct share structure is 500 million allocated common share count.
I spoke with Pacific Transfer this afternoon at 5:27PM EST and they advised me that "Bill Aul, the securities attorney of record for GIFA, Inc., has not yet notified Pacific Transfer of the GIFA re-statement of the common share structure here:
https://www.nvsos.gov/SOSEntitySearch/corpAct...IFA%2c+INC.
Amendment
Document Number: 20170439485-13 # of Pages: 13
File Date: 10/17/2017 Effective Date:
Previous Stock Value: Par Value Shares: 1,000,000,000 Value: $ 0.001 No Par Value Shares: 0 Total Authorized Capital: $ 1,000,000.00 New Stock Value: Par Value Shares: 500,000,000 Value: $ 0.001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 Total Authorized Capital: $ 510,000.00
Whereby GIFA, Inc. cancelled the 1,000,000,000 (1 billion) common shares of Firefish and allocated a fresh 500,000,000 (500 Million) common shares.
Your failure to notify Pacific Stock Transfer of the correct share structure and your slow walking of the other required financial SEC filings to complete this reverse merger transaction, combined with your complete failure to communicate with FRFS (GIFA) shareholders for over 10 months - has caused the stock price to fall from a recent high of $.13 to today's low of $.035 - an unnecessary loss of over 80% of our investment value! I have attempted to contact you for many weeks and left many concerned voicemails and emails, but you have refused or otherwise failed to respond. I will expect some shareholder update from you or the company in the next 48 hours."
I expect that Aul will have to get Pacific Stock Transfer to reconfirm the actual correct 500Mil A/S.
Here is the letter I sent to the GIFA attorney after I spoke with "Malou" at Pacific Stock Transfer at 5:21PM EST today.
"
Mr. William Aul, Mr. Ilksen Yesilada,
Due in large part to your failure to communicate with GIFA's Stock Transfer Agent, Pacific Stock Transfer, caused Pacific Stock Transfer to incorrectly confirm 1,000,000,000 (one billion) shares on the OTCmarkets.com website on September 14, 2018. The transfer agent advised me today that you have failed to notify them in writing that the GIFA, Inc. share structure they have on record is incorrect. As a result of this failure to communicate with your transfer agent, the stock price for FRFS (GIFA) fell <>40% in just 5 days, as FRFS/GIFA shareholders dumped their shares based on this erroneous information. Pacific Stock Transfer stated that the last official record they have from FRFS/GIFA is 1,000,000,000 (1 billion) shares, which is incorrect. Your TA advised me that only you, Bill Aul, can confirm that GIFA's correct share structure is 500 million allocated common share count.
I spoke with Pacific Transfer this afternoon at 5:27PM EST and they advised me that "Bill Aul, the securities attorney of record for GIFA, Inc., has not yet notified Pacific Transfer of the GIFA re-statement of the common share structure here:
https://www.nvsos.gov/SOSEntitySearch/corpAct...IFA%2c+INC.
Amendment
Document Number: 20170439485-13 # of Pages: 13
File Date: 10/17/2017 Effective Date:
Previous Stock Value: Par Value Shares: 1,000,000,000 Value: $ 0.001 No Par Value Shares: 0 Total Authorized Capital: $ 1,000,000.00 New Stock Value: Par Value Shares: 500,000,000 Value: $ 0.001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 Total Authorized Capital: $ 510,000.00
Whereby GIFA, Inc. cancelled the 1,000,000,000 (1 billion) common shares of Firefish and allocated a fresh 500,000,000 (500 Million) common shares.
Your failure to notify Pacific Stock Transfer of the correct share structure and your slow walking of the other required financial SEC filings to complete this reverse merger transaction, combined with your complete failure to communicate with FRFS (GIFA) shareholders for over 10 months - has caused the stock price to fall from a recent high of $.13 to today's low of $.035 - an unnecessary loss of over 80% of our investment value! I have attempted to contact you for many weeks and left many concerned voicemails and emails, but you have refused or otherwise failed to respond. I will expect some shareholder update from you or the company in the next 48 hours."
I expect that Aul will have to get Pacific Stock Transfer to reconfirm the actual correct 500Mil A/S.
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