Blue Dress
1 year ago
WPFH Completes $756 Million Acquisition of Henry Jan's Vezbi Super App
April 27, 2023
Under the terms of the acquisition agreement signed in January 2023, six shareholders of Vezbi holding a total of 23,506,761 common shares of Vezbi representing 87 percent of the total Vezbi shares outstanding, proposed to acquire control of WPFH by the exchange of 10 shares of WPFH common stock for each common share of Vezbi, or a total of for 234,067,610 new WPFH common shares.
The transaction is expected to be treated as a reverse merger for accounting purposes, although Vezbi will operate as a controlled subsidiary of WPFH for the near future.
MORE
https://www.globenewswire.com/en/news-release/2023/01/11/2586676/0/en/Why-Tech-Innovator-Henry-Jan-s-New-Vezbi-Super-App-Will-Change-Your-Life-and-the-World.html
https://www.globenewswire.com/en/news-release/2023/04/27/2656932/0/en/WPF-Holdings-Completes-Acquisition-of-Vezbi-Super-App.html
https://www.globenewswire.com/en/news-release/2023/05/04/2661822/0/en/Vezbi-Super-App-Completes-10m-Acquisition-of-Digital-Wallet.html
https://investorshub.advfn.com/WPF-Holdings-Inc-21391?nextstart=1886
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138001337
glens0
3 years ago
Expert market (Private market to serve broker-dealer pricing and best execution needs in securities that are restricted from public quoting or trading.) Also SKTO has a CE (Caveat Emptor)
Buyer Beware. OTC Markets Group has determined that there is a public interest concern associated with the company, which may include a spam campaign, questionable stock promotion, known investigation of fraudulent activity committed by the company or insiders, regulatory suspensions, or disruptive corporate actions.
It's hard to buy a stock with a CE on it.
https://www.otcmarkets.com/stock/SKTO/disclosure
rtrstock
3 years ago
Honestly, I don't know the details, but we're still in the green rush, I've seen several cannabis companies go into multiple pennies from this level, and ty his company has very experienced Leaders, and I see that there is great potential, so I'm buying some and waiting for a possibility.
bcarefulwhatuwish4
3 years ago
Well said. If it's possible, for a market maker out there that's willing to file a form 211 for this ticker, this will see a huge turn around. Anything is possible, time can still tell.
Back then I'm sure that many shareholders saw huge gains but threw them back in hope of getting bigger gains and lost them all....OUCH.
If you had taken your profit and ran back then, you're riding on only freebies now, consider yourself lucky.
ShizlDizl
3 years ago
Well it all depends on what we paint it as, no?
Badgholders or incidental Nostradamii,
with a vision that just took 5 years longer than usual to reach.
That is not unheard of but it's still a
helluva longshot theory, based on nothing but:
1) Stock and its sister stock, AEG&, both dead for all intents and purposes,
are trading. Haven't been sent to the ""number-not-a-stock" graveyard in
my portfolio. Should have. Unless...
2) Bigger buys appeared in the chart in late December, like 88 million?
It was a huge number but it calculated into an amount of money that seemed
like a "paperwork amount". That's pretty thin but there are few other
theories that explain certain phenomena that are not seen
with my last rites tickers.
We are a captive audience but maybe the ship will make port somewhere
we want to go.
Not buyable on markets like Etrade, currently, but any change to its greylist status would send it spiking. We can only hope.
SD
ShizlDizl
3 years ago
You seem to have an agenda-- the guv is far from mine.
What's more, Newsome is generally a much better human than most Americans,
from what I've seen. Not a fanatic, not a bigot, not a racist, slightly
aware of himself in the bigger picture. Driven. That makes
him better than probably 75% of Americans by my estimate. He's steering
the 9th largest economy in the world-- people are going to cry.
sd
ShizlDizl
3 years ago
It's true, unfortunately. I didn't lose much
compared to many but it always stings. However,
I continue to be baffled by volume and pps by this stock and
wonder if it's a Lazarus play. Smoldering accumulation
by a few parties. at a few times above par value, not clear why.
Odd although with legalization in CA, where this group is based, there
may be something at some point? More trying to explain
the pps than anything, though.
SD