Stolen from another board. WRFX DD with links a
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Posted On: 01/13/2021 7:37:29 AM
Stolen from another board.
WRFX DD with links and screencaps - I've been digging around for a couple days and thought I'd share what I came up with...
First, imo, WRFX is a good candidate for getting current this quarter if not next, which is why I got some shares (I’m focusing on Current or likely-to-get-current stocks this year for the most part). CEO Mick Davis has a court date w/ the former CEO on Feb. 21 of this year (see press releases at the bottom of my post for lawsuit discussion by current management)—it’s case number 19STCV37275 in Los Angeles Superior Court. To clarify, I saw on the board the suggestion that WFRX CEO Davis was the plaintiff, but Davis/WRFX is the defendant—this is the lawsuit Davis has said in press releases is egregiously frivolous, and which is finally having its day in court. Anyway, the court date on the calendar is forward progress imo. I think Mick Davis would have settled the lawsuit long ago if there was any doubt he’d win a judgement or if he didn’t intend to move forward with WRFX. Re: delinquent financials, WRFX issued PRs in 2019/2020 about conducting a forensic audit and anticipating filing financials (see below towards the end of my post)—with covid-19 I’m not surprised this process was sidetracked.
As for being an active company, Paranotek tweets regularly about issues related to their mission/products (including a tweet today). I fully understand that's just one small possible indicator that someone's driving the WRFX bus.
Much more importantly, Paranotek has one App that’s currently available on the App Store & Google Play (and another very interesting proprietary encryption private messaging app in the pre-launch phase). The app that's already availabe, Punchzee, had its most recent substantial update Nov 6, 2020, and there was another update before that in Oct. 2020—which imo clearly indicates the company is active and working on its products.
Of course there’s no guarantee Davis will bring this current, and I wouldn’t fault anyone for exercising caution—we all have to make our own risk/reward calculations based on our respective assessments of available information.
Anyway, here’s my best effort at throwing together some of what I found over the last couple days…
WRFX
https://www.otcmarkets.com/stock/WRFX/security
Company name: Astra Veda: https://www.astra-veda.com
Website Copyright © by Astra Veda Corporation 2021. All rights reserved.
“ABOUT ASTRA VEDA CORPORATION
Astra Veda Corporation (OTC PINK: WRFX), formerly known as WorldFlix, Inc is a Wyoming corporation focused on inventing, accelerating and promoting disruptive innovations and processes for software, data security products and encrypted communication services. Through subsidiaries, co-investment holdings and affiliate partnerships, we provide a variety of development tools and delivery platforms including our own proprietary practices as a force multiplier to partners enhancing and securing their existing business platforms.”
Paranotek: https://www.paranotek.com
Saphyr: https://www.sayphr.com
Punchzee: https://www.punchzee.com
Paranotek Twitter: https://twitter.com/ParanotekLLC
Disruptive technology apps:
1. Punchzee (available in App Store and Google Play): App/platform for project management & communication for construction industry, property management, home developers.
2. Saphyr (not yet launched): “Sayphr Messaging uses the Parano protocol, a unique end-to-end encryption protocol that makes Sayphr currently the only quantum computer resistant messenger app.”
Share structure as of 12/16/2020:
Authorized Shares: 12,900,000,000
Outstanding Shares: 5,849,230,600 (unchanged since Dec. 31, 2018)
Restricted: 106,424,829
Unrestricted: 5,742,805,771
Assets/liabilities as of March 2019:
$1,427,500 current assets / $328,167 current liabilities
$2,101,133 total assets / $2,239,423 total liabilities
Fully launched app Punchzee (see below) is live and available in the App Store and Google Play. The most recent updates to Punchzee app were just two months ago in Q4 2020:
WRFX Subsidiary: Paranoteck.
Paranotek LLC – Cybersecurity: https://www.paranotek.com
Global innovation company focused on developing mobile apps and licensing robust technologies that increase personal and corporate information privacy through breakthrough advancements in encryption. Paranotek began as a Finnish technology and design company working together with US partners. Paranotek has developed a disruptive and future-proof encryption technology called Parano™ that can be integrated into existing software and apps for everyday life. Our products range from data storage, sharing and instant messaging to various software suites that are all based on our disruptive security technology.
>>>Punchzee – https://www.punchzee.com
App/platform for project management & communication for construction industry, property management, home developers—Available in Google Play and Apple App Store. Punchzee is a joint venture development effort between Paranotek, LLC and a group of private investors. Punchzee is a disruptive data-driven project management and team communication platform for the construction industry, property management companies and home developers and inspectors.
Punchzee is an advanced punch list app that helps you to easily and professionally manage walkthrough processes at construction sites. You can plan the walkthrough beforehand, preparing projects, plans, tasks and setting up users who will go through the tasks at the site. Fieldworkers can attach details, photos, checklists, categories, statuses etc when reporting from the site. With Punchzee's advanced statistics and reporting features, you can export customized reports with different dimensions, such as the fieldworker, the site in question, projects, customers and dates. Punchzee currently manages over 100,000 critical life, safety and fire certification and inspection tasks for companies throughout the eastern United States, including the NYPD and hospital systems through the area.
Case Study: How Brand Services reduced reporting and inspection time by 40% using Punchzee: https://www.punchzee.com/blog/saving-time-and...h-punchzee
>>>Next App to be released: Saphyr Messages – secure encrypted messaging: www.sayphr.com
This has not yet launched: the website says, “Sign up for early access.”
“To ensure the best possible security for your communications, Sayphr Messaging uses the Parano protocol, a unique end-to-end encryption protocol that makes Sayphr currently the only quantum computer resistant messenger app. Altogether Sayphr Messaging features an astonishing three-layer security technology. Unlike other instant messaging apps, we don’t store your public encryption keys on our servers. They are exchanged offline. You can use Sayphr without providing any personalizing data, such as name or a phone number. Set an auto self-destruct timer on all your messages to make sure no data is stored on the receiving device.”
Mick Davis
Chairman, CEO and Co-Founder
Other experience: CEO, Paranotek; Director, Celsus Advisory Group; Enterprise Architect, Department of Defense; Sr. Advisor, US CYBERCOM; Chief Technologist, ETS Capital Management; Combat Air Crew, US Navy.
A former combat flight crew with the United States Navy and entrepreneur, Mick has started over 12 companies throughout the technology, security and government contracting spaces. Mick’s most significant business achievement was in his role in the founding of High-Speed Access Corporation. After the two-billion-dollar initial public offering, the company was later purchased by Charter Communications owned by Microsoft co-founder Paul Allen.
He earned the distinction of being elected by industry peers from the National Cable Television Cooperative (NCTC) to serve as an Associate Director to the Board of the American Cable Television Association. Mick has since proved his technical adaptability as an Information Systems SME for the Army; as Chief Technology Advisor for ETS Capital; as a Senior Advisor for USCYBERCOM and as the Co-Founder and Chief Executive Officer of Paranotek, a US-based privacy and security company. In addition to a BA in Human Behavior from the University of Maine, and an active Top Secret clearance from the US government, Mick continues working with various government agencies on a variety of confidential initiatives.
WRFX ANTICIPATES FILING FINANCIALS - Press Release | 03/06/2020
https://backend.otcmarkets.com/otcapi/company...23/content
WRFX 2019 YEAR END UPDATE: Press Release | 01/03/2020
https://backend.otcmarkets.com/otcapi/company...14/content
This update is worth reading in its entirety for the whole soap opera of the aforementioned prior unhinged CEO. WRFX is pursuing legal action and describes in great detail some of what they were dealing with. “I am confident that the team will prevail although we are more than (6) six months behind our original rehabilitation estimate of WRFX due to the obstinance and lack of cooperation by the former founder and CEO.” They conclude: “Next Expected Transformation Outcome: Corrected and up to date financials for OTC Markets, corrected securities private placement memoranda, directors and officers liability insurance then symbol change.”
COMPANY LITIGATES WITH FORMER CHIEF EXECUTIVE - Press Release | 11/29/2019
https://backend.otcmarkets.com/otcapi/company...36/content
FORENSIC ACCOUNTING EXAMINATION COMPLETED - Press Release | 10/09/2019
https://backend.otcmarkets.com/otcapi/company...40/content
“Eide Bailly has provided Astra’s Chairman of the Board by way of the Independent Audit Committee and management team with a comprehensive 454-page Forensic Accounting Report for internal use and a Forensic Accounting Examination Summary for public release. CEO Mick Davis stated that with the completion of the forensic accounting examination, management will begin the process to rebuild Astra’s financials as part of our business plan to provide shareholders with accurate, transparent, and fully audited financial information.
NEW COURSE FOR WORLDFLIX, INC. – Press Release 05/01/19
https://backend.otcmarkets.com/otcapi/company...59/content
Mr. Davis stated unequivocally, “there is no pressing need for a reverse split to raise capital and we are providing a formal notice to the SEC to withdraw last year’s Reg A+ submission”.
WORLDFLIX TRANSFORMS WITH NEW LEADERSHIP - Personnel Announcement | 04/23/2019
https://backend.otcmarkets.com/otcapi/company...91/content
WRFX DD with links and screencaps - I've been digging around for a couple days and thought I'd share what I came up with...
First, imo, WRFX is a good candidate for getting current this quarter if not next, which is why I got some shares (I’m focusing on Current or likely-to-get-current stocks this year for the most part). CEO Mick Davis has a court date w/ the former CEO on Feb. 21 of this year (see press releases at the bottom of my post for lawsuit discussion by current management)—it’s case number 19STCV37275 in Los Angeles Superior Court. To clarify, I saw on the board the suggestion that WFRX CEO Davis was the plaintiff, but Davis/WRFX is the defendant—this is the lawsuit Davis has said in press releases is egregiously frivolous, and which is finally having its day in court. Anyway, the court date on the calendar is forward progress imo. I think Mick Davis would have settled the lawsuit long ago if there was any doubt he’d win a judgement or if he didn’t intend to move forward with WRFX. Re: delinquent financials, WRFX issued PRs in 2019/2020 about conducting a forensic audit and anticipating filing financials (see below towards the end of my post)—with covid-19 I’m not surprised this process was sidetracked.
As for being an active company, Paranotek tweets regularly about issues related to their mission/products (including a tweet today). I fully understand that's just one small possible indicator that someone's driving the WRFX bus.
Much more importantly, Paranotek has one App that’s currently available on the App Store & Google Play (and another very interesting proprietary encryption private messaging app in the pre-launch phase). The app that's already availabe, Punchzee, had its most recent substantial update Nov 6, 2020, and there was another update before that in Oct. 2020—which imo clearly indicates the company is active and working on its products.
Of course there’s no guarantee Davis will bring this current, and I wouldn’t fault anyone for exercising caution—we all have to make our own risk/reward calculations based on our respective assessments of available information.
Anyway, here’s my best effort at throwing together some of what I found over the last couple days…
WRFX
https://www.otcmarkets.com/stock/WRFX/security
Company name: Astra Veda: https://www.astra-veda.com
Website Copyright © by Astra Veda Corporation 2021. All rights reserved.
“ABOUT ASTRA VEDA CORPORATION
Astra Veda Corporation (OTC PINK: WRFX), formerly known as WorldFlix, Inc is a Wyoming corporation focused on inventing, accelerating and promoting disruptive innovations and processes for software, data security products and encrypted communication services. Through subsidiaries, co-investment holdings and affiliate partnerships, we provide a variety of development tools and delivery platforms including our own proprietary practices as a force multiplier to partners enhancing and securing their existing business platforms.”
Paranotek: https://www.paranotek.com
Saphyr: https://www.sayphr.com
Punchzee: https://www.punchzee.com
Paranotek Twitter: https://twitter.com/ParanotekLLC
Disruptive technology apps:
1. Punchzee (available in App Store and Google Play): App/platform for project management & communication for construction industry, property management, home developers.
2. Saphyr (not yet launched): “Sayphr Messaging uses the Parano protocol, a unique end-to-end encryption protocol that makes Sayphr currently the only quantum computer resistant messenger app.”
Share structure as of 12/16/2020:
Authorized Shares: 12,900,000,000
Outstanding Shares: 5,849,230,600 (unchanged since Dec. 31, 2018)
Restricted: 106,424,829
Unrestricted: 5,742,805,771
Assets/liabilities as of March 2019:
$1,427,500 current assets / $328,167 current liabilities
$2,101,133 total assets / $2,239,423 total liabilities
Fully launched app Punchzee (see below) is live and available in the App Store and Google Play. The most recent updates to Punchzee app were just two months ago in Q4 2020:
WRFX Subsidiary: Paranoteck.
Paranotek LLC – Cybersecurity: https://www.paranotek.com
Global innovation company focused on developing mobile apps and licensing robust technologies that increase personal and corporate information privacy through breakthrough advancements in encryption. Paranotek began as a Finnish technology and design company working together with US partners. Paranotek has developed a disruptive and future-proof encryption technology called Parano™ that can be integrated into existing software and apps for everyday life. Our products range from data storage, sharing and instant messaging to various software suites that are all based on our disruptive security technology.
>>>Punchzee – https://www.punchzee.com
App/platform for project management & communication for construction industry, property management, home developers—Available in Google Play and Apple App Store. Punchzee is a joint venture development effort between Paranotek, LLC and a group of private investors. Punchzee is a disruptive data-driven project management and team communication platform for the construction industry, property management companies and home developers and inspectors.
Punchzee is an advanced punch list app that helps you to easily and professionally manage walkthrough processes at construction sites. You can plan the walkthrough beforehand, preparing projects, plans, tasks and setting up users who will go through the tasks at the site. Fieldworkers can attach details, photos, checklists, categories, statuses etc when reporting from the site. With Punchzee's advanced statistics and reporting features, you can export customized reports with different dimensions, such as the fieldworker, the site in question, projects, customers and dates. Punchzee currently manages over 100,000 critical life, safety and fire certification and inspection tasks for companies throughout the eastern United States, including the NYPD and hospital systems through the area.
Case Study: How Brand Services reduced reporting and inspection time by 40% using Punchzee: https://www.punchzee.com/blog/saving-time-and...h-punchzee
>>>Next App to be released: Saphyr Messages – secure encrypted messaging: www.sayphr.com
This has not yet launched: the website says, “Sign up for early access.”
“To ensure the best possible security for your communications, Sayphr Messaging uses the Parano protocol, a unique end-to-end encryption protocol that makes Sayphr currently the only quantum computer resistant messenger app. Altogether Sayphr Messaging features an astonishing three-layer security technology. Unlike other instant messaging apps, we don’t store your public encryption keys on our servers. They are exchanged offline. You can use Sayphr without providing any personalizing data, such as name or a phone number. Set an auto self-destruct timer on all your messages to make sure no data is stored on the receiving device.”
Mick Davis
Chairman, CEO and Co-Founder
Other experience: CEO, Paranotek; Director, Celsus Advisory Group; Enterprise Architect, Department of Defense; Sr. Advisor, US CYBERCOM; Chief Technologist, ETS Capital Management; Combat Air Crew, US Navy.
A former combat flight crew with the United States Navy and entrepreneur, Mick has started over 12 companies throughout the technology, security and government contracting spaces. Mick’s most significant business achievement was in his role in the founding of High-Speed Access Corporation. After the two-billion-dollar initial public offering, the company was later purchased by Charter Communications owned by Microsoft co-founder Paul Allen.
He earned the distinction of being elected by industry peers from the National Cable Television Cooperative (NCTC) to serve as an Associate Director to the Board of the American Cable Television Association. Mick has since proved his technical adaptability as an Information Systems SME for the Army; as Chief Technology Advisor for ETS Capital; as a Senior Advisor for USCYBERCOM and as the Co-Founder and Chief Executive Officer of Paranotek, a US-based privacy and security company. In addition to a BA in Human Behavior from the University of Maine, and an active Top Secret clearance from the US government, Mick continues working with various government agencies on a variety of confidential initiatives.
WRFX ANTICIPATES FILING FINANCIALS - Press Release | 03/06/2020
https://backend.otcmarkets.com/otcapi/company...23/content
WRFX 2019 YEAR END UPDATE: Press Release | 01/03/2020
https://backend.otcmarkets.com/otcapi/company...14/content
This update is worth reading in its entirety for the whole soap opera of the aforementioned prior unhinged CEO. WRFX is pursuing legal action and describes in great detail some of what they were dealing with. “I am confident that the team will prevail although we are more than (6) six months behind our original rehabilitation estimate of WRFX due to the obstinance and lack of cooperation by the former founder and CEO.” They conclude: “Next Expected Transformation Outcome: Corrected and up to date financials for OTC Markets, corrected securities private placement memoranda, directors and officers liability insurance then symbol change.”
COMPANY LITIGATES WITH FORMER CHIEF EXECUTIVE - Press Release | 11/29/2019
https://backend.otcmarkets.com/otcapi/company...36/content
FORENSIC ACCOUNTING EXAMINATION COMPLETED - Press Release | 10/09/2019
https://backend.otcmarkets.com/otcapi/company...40/content
“Eide Bailly has provided Astra’s Chairman of the Board by way of the Independent Audit Committee and management team with a comprehensive 454-page Forensic Accounting Report for internal use and a Forensic Accounting Examination Summary for public release. CEO Mick Davis stated that with the completion of the forensic accounting examination, management will begin the process to rebuild Astra’s financials as part of our business plan to provide shareholders with accurate, transparent, and fully audited financial information.
NEW COURSE FOR WORLDFLIX, INC. – Press Release 05/01/19
https://backend.otcmarkets.com/otcapi/company...59/content
Mr. Davis stated unequivocally, “there is no pressing need for a reverse split to raise capital and we are providing a formal notice to the SEC to withdraw last year’s Reg A+ submission”.
WORLDFLIX TRANSFORMS WITH NEW LEADERSHIP - Personnel Announcement | 04/23/2019
https://backend.otcmarkets.com/otcapi/company...91/content
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