Drugdoctor
8 hours ago
Still looking for merger partner-today's-filing...
The Company concluded that due to the lack of operating history, large accumulated deficit, change in management and revival
of the entity, these conditions raise substantial doubt about the Companyโs ability to continue as a going concern for one year
from the date the financial statements are issued.
Management intends to identify potential merger candidates to provide operating revenues and profitability. Our ability to
effectively identify, develop and implement a viable plan for our business may be hindered by risks and uncertainties which
are beyond our control, including without limitation, the continued negative effects of the coronavirus pandemic on the U.S.
and global economies. Even though management believes this plan will allow the Company to continue as a going concern,
there are no guarantees to the successful execution of this plan.
These financial statements of the Company have been prepared assuming that the Company will continue as a going concern,
which contemplates, among other things, the realization of assets and the satisfaction of liabilities in the normal course of
business over a reasonable period of time.
https://www.otcmarkets.com/otcapi/company/financial-report/421708/content
Drugdoctor
8 hours ago
FINANCIALS OUT - Describe briefly any material pending legal proceedings, other than ordinary routine litigation incidental to the
business, to which the issuer or any of its subsidiaries is a party or of which any of their property is the subject.
Include the name of the court or agency in which the proceedings are pending, the date instituted, the principal parties
thereto, a description of the factual basis alleged to underlie the proceeding and the relief sought. Include similar
information as to any such proceedings known to be contemplated by governmental authorities.
The Company received a notice of appeal to the Nevada Supreme Court filed May 17, 2022 by Warwick Calasse. Mr. Calasse is
appealing the decision by the District Court of the State of Nevada in and for Clark County (In the Matter of GOFF Corp., Case
No. A-20-815182-B) by an Order dated February 22, 2022 to have the 50,000,000 shares of its common stock and 5,000,000 shares
of its preferred stock issued to Mr. Calasse canceled on the grounds that there was no value provided by Mr. Calasse to justify their
issuance to him. Mr. Calasse filed the notice of appeal following the denial of his motion for reconsideration by the District Court
of the State of Nevada in and for Clark County. On November 8, 2022, the Supreme Court entered an order for Mr. Calasse to show
cause why the appeal should not be dismissed for lack of jurisdiction. The parties briefed the jurisdiction issue, and on May 12,
2023, the Supreme Court, without ruling on the jurisdictional issue, reinstated the briefing schedule. Mr. Calasse filed his opening
brief on July 25, 2023. The Company filed our answering brief on September 8, 2023. Mr. Calasseโs reply brief was filed October
23, 2023. On December 12, 2024, the Supreme Court of the State of Nevada filed an Order Dismissing Appeal in this case. The
period to request oral arguments has passed and it is the opinion of management that this matter has concluded.
OTC Markets Group Inc.
Page 8 of 20
OTC Pink Basic Disclosure Guidelines (v4.0 January 1, 2023)
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v4.0 January 1, 2023) Page 9 of 20
The Company filed an Amended Complaint against Warwick Calasse in the in the District Court for Clark County, Nevada (Case
No.: A-22-858709-B) on September 29, 2022 seeking compensatory and punitive damages on behalf of the Company against Mr.
Calasse and alleging that he breached the Consulting Agreement he claims to have entered with the Company and that he breached
the fiduciary duties he owed to the Company. The District Court entered a Business Court Scheduling Order Setting Civil Non-Jury
Trial on October 16, 2023. Judge Williams scheduled a pretrial conference/calendar call for December 19, 2024, and a civil non
jury trial for January 13, 2025. The trial did not proceed as scheduled, and the Company anticipates filing a request for dismissal.
https://www.otcmarkets.com/otcapi/company/financial-report/421708/content
BigMoneyChalupa
1 day ago
Thanks, Iโm well diversified and made well over double my investment on a little known pharmaceutical stock recently. Took those profits and rolled them into a little known oil stock out of the Permian Basin.
I suppose one reason Iโm still biased on this stock is because anything over about .01 is profitable for me. Looks like as of the close today the position is up about 100%.
Iโm relentless and persistent, and Iโm not about to fold in the towel at this point. This either hits or we go broke. Thereโs another bet I can place tomorrow.
Cheers, and remember, Calasse lost and is nada, zip, zero, zilch, see ya later, adios, and Aüf Wiedersehen.
BigMoneyChalupa
3 days ago
Iโm going to buy you a pack of Lucky Strikes, I think you could use some.
Still holding, and I donโt give a chit. Iโve been through the fire with this thing, just like everyone else.
None of this is real anyway. Itโs all digital, on paper, supply and demand, buyers and sellers, with Federal reserve funny money.
Letโs assume Sharp never gets anything done and this remains dead forever. So what? Do you even own shares? Does this impact you?
I get why everyone is pissed off, but thereโs no sense in being sore about it. Sell and move on if you donโt like what is happening here (which is nothing).
By the way, most alt coins are total garbage. I suppose youโll come back and tell me this stock is garbage too: fair enough. We all have our opinions.
Now smoke a Lucky Strike and chill. This chit isnโt for everyone.
I-Glow
1 week ago
Your Analysis isn't close to being accurate. The OTCM profile page says WNFT is - "Quote Eligibility
Unsolicited Quotes Only (UNS)" and it isn't Piggyback eligible as you seem to think or least that is what you are pumping.
"As far as the "Form 211 - Unsolicited Quotes Only" comments that pop up here and there, I'll say this.....
IF form 211 were truly an issue, this ticker wouldn't be trading at all, as there would be no market makers supporting it. There are many "Form 211" exemptions and/or "piggy-back rules" (easy stuff to research)."
First, the 211 is a huge problem - there are many OTC tickers that trade that haven't filed a 211.
The changes to 15c2-11 made hijacking shells very difficult. Here is a short primer on a 211.
The amendments to Rule 15c2-11 implemented in September 2021 made it significantly more challenging to "hijack shells" in several ways:
The amendments to Rule 15c2-11 implemented in September 2021 made it significantly more challenging to "hijack shells" in several ways:
The amended rule required that information about the company and its securities be current and publicly available for broker-dealers to initiate or continue quoting a security... This increased transparency made it harder for bad actors to use dormant shell companies without scrutiny.
A key provision of the amended rule imposed an 18-month time limit on shell companies. Specifically:
Shell companies were granted 18 months from the initial priced quotation on OTC Markets to either complete a reverse merger with an operating business or begin operations themselves
After 18 months, if a company remained a shell, it would lose Rule 15c2-11 piggyback eligibility. (what that means is your statement - "There are many "Form 211" exemptions and/or "piggy-back rules"" - that is simply not true. None of the Sharp hijacked shells are eligible for the piggyback rule.
Shell Company Restrictions: The new rules limit the ability of shell companies to maintain quotations. If a company has been a shell for more than 18 months, it loses its piggyback eligibility, making it even harder to get a Form 211 processed.
Market Maker Reluctance: Market makers are extremely reluctant to file Form 211s for previously suspended companies or those involved in reverse mergers, which is often the case with hijacked shells.
FINRA's Enhanced Role: FINRA has implemented stricter review processes and requires more detailed information for Form 211 submissions. This increased oversight makes it more challenging for questionable applications to succeed.
IG
St. Sauvage
1 week ago
Waiting with WNFT for a merger...
Some may say, we are either on a one way, doomed space voyage to the planet Jupiter or we're going to be sittin' and shitin' in Tall Cotton.
Me, I'm partial to the soft, Egyptian stuff and believe that's were we're headed!
George,
A Wonderful Retirement awaits you...
And depending on how BIG everyones' in, a life in the lap of luxury for us!
♾️ T
FEARANDGREED
1 week ago
To point some things out...
If the share structure of a shell is unknown (and WNFT's certainly was via the Calasse court battle) no company in their right mind is going to go public with it... period.
So regardless of what Sharp IS or ISN'T... at least now (in real time) the very real opportunity exists to move forward.
Anyone who has been trading a while, and/or has access to quality legal advice understands this.
As far as the "Form 211 - Unsolicited Quotes Only" comments that pop up here and there, I'll say this.....
IF form 211 were truly an issue, this ticker wouldn't be trading at all, as there would be no market makers supporting it. There are many "Form 211" exemptions and/or "piggy-back rules" (easy stuff to research).
Real traders know better
.....I don't know exactly whats going to happen here ...but one thing is a fact, Sharp (finally) has the very real opportunity top SMACK some home runs with this ticker.
I-Glow
2 weeks ago
Let's take a look at the TSNP/HMBL share selling scheme.
Oh, it is in trips.
Most novice investors and pumpers like you said the price was going to $10 - $50 - $100.
So most held and watched their investment disappear.
If you had made 100,000% gains you wouldn't be hear pumping your ass off. You were caught holding and didn't take any profits
It is hilarious - you always post about the 100,000% gains but never response to the facts I post.
And yes I was 100% accurate about TSNP/HMBL being a scam.
Hey Big Talk - why don't you response to my post about none of the Sharp Shells having a 211 on file. Here are some facts pumper boy.
The amendments to Rule 15c2-11 implemented in September 2021 made it significantly more challenging to "hijack shells" in several ways:
Increased Information Requirements
The amended rule required that information about the company and its securities be current and publicly available for broker-dealers to initiate or continue quoting a security. This increased transparency made it harder for bad actors to use dormant shell companies without scrutiny.
Time Limit on Shell Companies
A key provision of the amended rule imposed an 18-month time limit on shell companies.
Specifically:
Shell companies were granted 18 months from the initial priced quotation on OTC Markets to either complete a reverse merger with an operating business or begin operations themselves.
After 18 months, if a company remained a shell, it would lose Rule 15c2-11 piggyback eligibility.
All three Sharp hijacked shells are still listed as Shell Companies after 3 years.
The 3 Sharp hijacked shells are worthless.
IG