Slojab
8 months ago
How to increase your market cap by 50% overnight.
Outstanding Shares Updated:
🔴 80,687,562 (2024-02-22)
🟢 121,037,562 (2024-03-15)
Difference: +50.0% (+40M)
Restricted Shares Updated:
🔴 66,433,373 (2024-02-22)
🟢 106,783,373 (2024-03-15)
Difference: +60.7% (+40M)
Slojab
12 months ago
Effective June 30, 2023, the Company entered into that certain Agreement and Plan of Reorganization (the
βReorganization Agreementβ) with the holder of a majority of the outstanding Common Stock of XA Interactive, Inc., a
Nevada corporation (the βTargetβ or βXAβ). As of the date of this report, the closing of the transaction remains pending
due to a number of factors, including ongoing due diligence.
The Reorganization Agreement provides that the Company will acquire all of the outstanding capital stock of the Target
consisting of One Hundred Million (100,000,000) shares of the Targetβs Common Stock (par value $0.00000001) (the
βTarget Stockβ) for a multiple of Three Point Six shares of the Company with the result that the Company will be obligated
to issue an aggregate of Three Hundred Sixty Million (360,000,000) shares of the Companyβs Common Stock to acquire
all of the outstanding capital stock of the Target. As a result, the Target will become a wholly-owned subsidiary of the
Company. The transaction set forth in the Reorganization Agreement was undertaken upon a claim that the Companyβs
acquisition of the Target Stock was a tax-free reorganization pursuant to Section 368 of the Internal Revenue Code of
1986, as amended. As a result of and at the closing of the Reorganization Agreement, the Companyβs assets and
operations shall be primarily those of the Target.
The Target is and has been in the secondary recovery of oil and natural gas business in the United States, with a focus on
projects located in South and West Texas. Currently, the Target owns or is a partner in approximately 20,000 acres of
land leases involved in secondary recovery oil and gas drilling operations. If circumstances and favorable market
conditions allow, the Target may develop additional wells within the next 12-18 months. However, the Target faces
intense worldwide competition from many larger, well-established oil and gas operators who have significantly greater
financial and managerial resources together with far greater asset and market diversification.
https://www.otcmarkets.com/otcapi/company/financial-report/388929/content
Slojab
1 year ago
Out with the old ......
Officer(s) Removed:
🔴Sophia Filfil, Asst. Secretary
🔴Michael Richard, Advisor
🔴Jerry Kendall, Advisor
🔴Daryl Thompson, Advisor
🔴Nick B. Herman, Advisor
🔴Accounts Payable, Other
threewheeler
1 year ago
$HIHI
??0.0497
(https://www.tradingview.com/symbols/HIHI/?offer_id=10&aff_id=29379)Pink Current, AS: 1.5B, OS: 80M, US: 6.4M
Outstanding Shares Updated:
old 22,184,774 (2023-06-29)
new 80,584,774 (2023-07-03)
Difference: +263.2% (+58M)
Restricted Shares Updated:
old 15,750,585 (2023-06-29)
new 74,150,585 (2023-07-03)
Difference: +370.8% (+58M)
Chart (https://www.tradingview.com/symbols/HIHI/?offer_id=10&aff_id=29379), OTC Profile (https://www.otcmarkets.com/stock/HIHI/security), Twitter (https://twitter.com/search?q=$HIHI&src=typed_query), @otcupdates
Update: 2023-07-04 00:13:42 (UTC)
Slojab
2 years ago
Not unless they actually announce that they've accomplished something. To date, they haven't.
A look at their last annual shows an abysmal performance over the years.
And this kind of thing always bothers me.
The Companyβs office address is 193 Wild Turkey Drive, Holiday Island, Arkansas 72631. The Company acquired the property in September, 2020 and entered into a Contract For Deed with the seller, who retains title to the property until the purchase price is paid in full. We are in the process of significantly improving the value of the property with inside and outside additions and renovations planned over the next 1-3 years.
CEO S Gene Thompson lives there.