mcptrman
8 hours ago
What Is a "Basher"?
AHRO, is on the right track, been on a steady increase the last 60-90 days. AHRO, has a ton of exciting advances planned for 2025. Proof is all the new bashers, LOL
A "basher" is a person who sets out to ruin the credibility of a stock or company that has shares on the open market. They usually do this for two reasons. They either profit from falling share prices via a method called "shorting," or they wish to scare investors into selling their shares at low prices so that they can buy them at less than what they believe they are actually worth.
Full article:
https://discover.hubpages.com/money/Investors-Hub-iHub-OTC-Boards-Are-A-Bashers-Paradise
Please do you own due diligence, It will pay off here.
IMHO
Magnum7419
1 day ago
Intellectual Property
On May 2, 2022, Authentic Heroes, Inc. (“Authentic Heroes”), a wholly owned subsidiary of Global Fiber Technologies, Inc., (the “Company”), entered into a License Agreement (the “License Agreement”) with the Company’s Chief Executive Officer and Director, Paul Serbiak (“Serbiak”).
Pursuant to the License Agreement, Serbiak agreed to provide Authentic Heroes with an exclusive license to use certain of Serbiak’s intellectual property rights, including Patent No. US 10,781,539 B2 entitled “AUTHENTICATABLE ARTICLES, FABRIC AND METHOD OF MANUFACTURE” and of the invention therein described, for products in the sports and music memorabilia business.
In exchange for such license, Authentic Heroes agreed to (i) pay Serbiak $100 within ten business days of License Agreement and a fee of $10,000 on or before January 1, 2023, (ii) pay Serbiak royalties of 1% of the revenue generated from the sale of the products amounting to at least $3,000,000 in revenue at year three of the License Agreement and another 1% of the revenue generated from the sale of the products amounting to at least $10,000,000 in revenue at year five (5) of the License Agreement. If Authentic Heroes fails to achieve at least $3,000,000 in revenue at year three or $10,000,000 in revenue at year five from this date of the License Agreement, then the exclusive license shall be a non-exclusive license.
The patent is at the core our manufacturing process. In addition, we utilize trade secrets in combination with our patented manufacturing process that allows what we believe are market advantages.
Magnum7419
2 days ago
$AHRO this should help all understand what $AHRO is truly worth !!!
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001338929/000147793224007562/ahro_8k.htm
Section 8 – OTHER EVENTS
"Item 8.01 other events
On November 21, 2024, Authentic Holdings, Inc. (the “Company”) received a valuation report from IXA Advisors on the Company’s purchase of Maybacks Global Entertainment LLC (“Maybacks”) on April 26, 2023, and license agreement with Goliath Motion Picture Productions (“Goliath”) on June 20, 2023, together the “Strategic Transaction” (the “Maybacks Purchase” and the “Goliath License”).
On September 17, 2024, the Company retained IXA Advisors to perform a fair value analysis, under accounting standard ASC805 or similar, of the Company’s Strategic Transaction. As a result, IXA Advisors analyzed the financial statements and supporting exhibits of the entities and assets and prepared a report to enable users of the Company’s financial statements to evaluate the nature and financial effect of the combined Strategic Transaction on the Company.
On April 26, 2023, the Company entered into a Membership Interest Purchase Agreement with Maybacks, and the members of Maybacks. As a result of the transaction, Maybacks became a wholly owned subsidiary of the Company. Maybacks is a 27-channel network at the time of the purchase (now 43 channels) whose programming is carried by Roku, Direct TV, Local Now and many other platforms giving it an FCC reach of over 450,000,000 worldwide. In accordance with the terms of the Purchase Agreement, at the closing an aggregate of 100,000 shares of the Company’s newly created Series C Preferred Stock were issued to the holders of Maybacks in exchange for their membership interests of Maybacks.
On June 20, 2023, the Company closed a License Agreement with Goliath. On the Closing Date, the Company licensed various full-length motion pictures and serial television shows for a period of 10 years. In exchange for the license, the Company issued to the Seller 100,000 shares of the Company’s Series D Preferred Stock, par value $0.001 with stated value of $50 per share ($5,000,000).
Because Maybacks’ assets are highly concentrated in one technology platform, ASC805 requires the transaction to be treated as an asset purchase rather than a business acquisition. Additionally, at the time of the purchase, Maybacks had minimal employees, minimal liquidity, and limited sales/marketing with live customers (i.e., inputs) allowing it to perform an acquired process critical to generating revenues, further substantiating that the Maybacks transaction should be treated as an asset purchase under ASC806."
Bullish
Bullish
Magnum7419
2 days ago
$AHRO this should help all understand what $AHRO is truly worth !!!
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001338929/000147793224007562/ahro_8k.htm
Section 8 – OTHER EVENTS
"Item 8.01 other events
On November 21, 2024, Authentic Holdings, Inc. (the “Company”) received a valuation report from IXA Advisors on the Company’s purchase of Maybacks Global Entertainment LLC (“Maybacks”) on April 26, 2023, and license agreement with Goliath Motion Picture Productions (“Goliath”) on June 20, 2023, together the “Strategic Transaction” (the “Maybacks Purchase” and the “Goliath License”).
On September 17, 2024, the Company retained IXA Advisors to perform a fair value analysis, under accounting standard ASC805 or similar, of the Company’s Strategic Transaction. As a result, IXA Advisors analyzed the financial statements and supporting exhibits of the entities and assets and prepared a report to enable users of the Company’s financial statements to evaluate the nature and financial effect of the combined Strategic Transaction on the Company.
On April 26, 2023, the Company entered into a Membership Interest Purchase Agreement with Maybacks, and the members of Maybacks. As a result of the transaction, Maybacks became a wholly owned subsidiary of the Company. Maybacks is a 27-channel network at the time of the purchase (now 43 channels) whose programming is carried by Roku, Direct TV, Local Now and many other platforms giving it an FCC reach of over 450,000,000 worldwide. In accordance with the terms of the Purchase Agreement, at the closing an aggregate of 100,000 shares of the Company’s newly created Series C Preferred Stock were issued to the holders of Maybacks in exchange for their membership interests of Maybacks.
On June 20, 2023, the Company closed a License Agreement with Goliath. On the Closing Date, the Company licensed various full-length motion pictures and serial television shows for a period of 10 years. In exchange for the license, the Company issued to the Seller 100,000 shares of the Company’s Series D Preferred Stock, par value $0.001 with stated value of $50 per share ($5,000,000).
Because Maybacks’ assets are highly concentrated in one technology platform, ASC805 requires the transaction to be treated as an asset purchase rather than a business acquisition. Additionally, at the time of the purchase, Maybacks had minimal employees, minimal liquidity, and limited sales/marketing with live customers (i.e., inputs) allowing it to perform an acquired process critical to generating revenues, further substantiating that the Maybacks transaction should be treated as an asset purchase under ASC806."
Bullish
Bullish