Wealthcraft Capital Inc (PK) (WCCP) Quote

Times like this you wish you got a hint of insider info

No one wants to blink and move up or down......

A spread line that will keep volume away.

No one is willing to fall on that sword. Or looks even better, no one is willing to give up shares cheap.

But the float is an easy 25-.30+ If we’re just a shell with hope of something potentialy big coming in.,

No volume YET.

Hopefully the word gets out there!!!!!

17m float? No volume.
Looks like a few easy paint jobs to run this up. Good news and this thing could be a monster.
I’m not sure if Geaux side of things is making any money.,

I think next step is those convertible shares @.25 will be renegotiated at a lower price.

Pink Current fink!!!

It’s nice they pulled their butt out of certain purgatory.?

Now what?
15m float @ a dime would be sweet if it tanks below .05

Is there a viable business in here or a potential R/M with a load of unconverted debt?

$WCCP Wealthcraft Announces the Acquisition of a Washington-based Finance Company and the Appointment of a New CEO
Press Release | 11/05/2020
November 5, 2020
OTC Disclosure & News Service

Pomona, CA —

This release includes additional documents. Select the link(s) below to view.
Press release re ICH Acquisition And New CEO Nov 4, 2020.pdf

$WCCP Wealthcraft Engages Investor Brand Network https://backend.otcmarkets.com/otcapi/company/dns/news/document/43345/content

$WCCP Wealthcraft Capital Provides Update Regarding Frontier Acquisition https://backend.otcmarkets.com/otcapi/company/dns/news/document/41975/content

$WCCP Wealthcraft Capital Announces an Agreement to Acquire Frontier Wellness Management Inc. and Proposed Convertible Debenture Financing https://backend.otcmarkets.com/otcapi/company/dns/news/document/41772/content

$WCCP *Provides a Corporate Update and Announces Acquisition Discussions

Wealthcraft Capital Inc. (OTC PINK: WCCP) ("Wealthcraft" or the "Company" is pleased to provide a corporate update and the commencement of negotiations to purchase a European-based wellness company.

Corporate Update Through it’s 51% owned subsidiary Geaux Industries (Geaux), Wealthcraft has achieved $1.4million in revenues as reported in the Annual Report for the year ended December 31, 2019 (available at www.OTCmarkets.com). These revenues were generated from Geaux’s security and janitorial services offerings to over 30 customers in the southern California market.

COVID-19 Update In California, security and janitorial services havebeen deemed as 'essential' which has allowed for continued operation during the COVID-19 crisis. The Company has taken the necessary measures to ensure the protection of its employees, suppliers and customers. As a result of retail and office closures, Geaux has seen a decline in its revenues during the pandemic. However, as these facilities are reopened, the Company believes that Geaux’s janitorial business will benefit from a permanent increased emphasis on clean work environments. In addition, the backups in the California court system resulting from COVID-19 have led to less offender detentions,resulting increase in demand for retail and institutional security services.

Acquisition
Discussions Wealthcraft is pleased to announce that it has entered into discussion with a European based company which manages retail sales and distributes a range of health and wellness products. The wellness company has first mover advantage in it’s country of origin through various unique retail and wholesale assets. Additional details regarding these discussions and a potential transaction are expected in the near future.

$WCCP Wealthcraft Capital Provides a Corporate Update and Announces Acquisition Discussions.
*pleased to provide a corporate update and the commencement of negotiations to purchase a European-based wellness company.
https://backend.otcmarkets.com/otcapi/company/dns/news/document/41609/content

Wealtcraft Announces Termination of agreement with Infinite CBD


https://www.otcmarkets.com/stock/WCCP/news/Wealtcraft-Announces-Termination-of-agreement-with-Infinite-CBD?id=238340

NEWS!! https://www.ftmig.com/cannabis/wealthcraft-capital-inc-announces-letter-of-intent-to-purchase-a-nevada-licensed-cannabis-producer/

moneybiz...thanks for the updates..I found this

http://www.djjenterprises.net

And here's the latest PR: https://finance.yahoo.com/news/wealthcraft-capital-company-wealthcraft-wccp-133000193.html?.tsrc=applewf

Here's their mission statement: WEALTHCRAFT CAPITAL IS A COMPANY FOCUSED ON THE INVESTMENT OF CAPITAL IN PRIVATE COMPANIES THAT ARE INTERESTED IN EXPANDING THEIR BUSINESS BY GAINING BETTER ACCESS TO CAPITAL, MANAGEMENT CONSULTING, AND BUSINESS DEVELOPMENT.

Doesn't sound like tech anymore!

Here's the web address for it: https://www.wealthcraftcapital.com/

Anyone still watching this stock? Looks like it changed from tech to finance.

Obviously something recently changed. The company is not in tech anymore.

WCSY has changed to WCCP. Looks like things are getting active and moving in the right direction! Does anyone know what's going on over there?

I've seen that notorious drop-box address too many times on too many scams.

Jeebus, the perps obviously cannot think outside the 'drop-box'.

Wealthcraft uses a drop box address not uncommon for shell companies:

7119 W. Sunset Blvd.
Hollywood, CA 90046

Wealthcraft Capital is a Laura Anthony Shell. Investors and market participants should exercise extreme caution.

From the OTC Markets:

On September 9, 2016, the Company accepted the resignations of Joseph Arcaro as the Company’s Chief Executive Officer, Chief Financial Officer, Secretary and Chairman of the Board of Directors. Effective as of the same date, to fill vacancies created by Mr. Arcaro’s resignations, the Company appointed Adam Sexton as the Company’s Chief Executive Officer, Chief Financial Officer, Secretary and Chairman of the Board of Directors. Mr. Arcaro’s resignations did not arise from any disagreement on any matter relating to the Company’s operations, policies or practices, nor regarding the general direction of the Company.

Joseph Arcaro is well known in conjunction with Kitcher Industries Inc., an FBI Controlled Shell which resulted in the indictments of Michael Affa. And how sweet, Pacific Stock Transfer is the TA just like in the Kitcher sting.



Beware of this scam

WCSY: effective Feb. 1,2017 Wealthcraft Systems Inc., WCSY, will change to Wealthcraft Capital Inc., WCCP:

http://otce.finra.org/DLSymbolNameChanges

yes WCSY yes

WE ARE AT .25 WEEEEEEEEEEEEEEE LMFAOOOOOOO

should be a one heck of a ride and return.. looking seriously for multiple dollars here and its possible .. anything is possible with a share structure like this

Looking great to me
Gltu

yes it considered a NOL net operating loss and is extremely attractive to a profitable private company looking to go public and write that debt off profits on the books hence the movement in pps .. the float and share structure to debt is key here, not many shares outstanding, not much bad paper convertible debt, tightly held share structure small float... blue skies ahead .. pennies 2 dollars

Did i read correctly that there is a 7.6 million dollar debt here?

the box of crayons gang

white hot wild casey in the mix showing us trix

$WCSY

Who is "we"?

Old thanks for sharing though I'm up 800% so far and were not even getting started yet sit back enjoy the show

Interesting article about custodianship shells like WCSY that Arcaro specializes in creating.


FBI INFORMANT - COOPERATING WITNESS: Swindler acquiring businesses

By CARRI GEER THEVENOT
and ED VOGEL
REVIEW-JOURNAL

Admitted stock swindler Peter Berney has been cooperating with the federal government for nearly four years. He's also been busy in recent months taking over Nevada corporations.

New York attorney Maranda Fritz said she has discovered about 40 corporations that have been acquired by the Las Vegas businessman or one of his associates since January.

Attorneys representing one of the corporations, Drake Holding, have accused Berney of engineering "a far-ranging criminal conspiracy" while awaiting sentencing in his federal fraud case.

On Wednesday, a district judge in Reno heard testimony on the matter and concluded that the U.S. attorney's Organized Crime Strike Force should investigate the possibility that Berney is using the state's corporate custodian law to steal companies.

The judge heard evidence Berney has been targeting companies that appear inactive, then buying a nominal amount of stock as part of a scheme to have him or one of his representatives appointed as a custodian with certain powers over the company.

In the Drake case, District Judge Brent Adams of Reno appointed shareholder Robert McBride custodian of Drake Holding in May after McBride alleged that the company had "abandoned its business."

On Wednesday, Adams removed McBride as custodian after learning that he is a home repairman who has worked several times at Berney's Las Vegas house. McBride also testified that he had no experience running a company and owned only 600 shares of Drake Holding.

Adams accused Berney and one of his associates, Corene Dion, of using McBride as their "instrument" to take over dormant companies and profit at the expense of unsuspecting shareholders.

During the hearing, McBride contended that the state's corporate custodian law gave him the power to do anything he wanted with Drake Holding, including changing its name and authorizing new stock.

"This conduct is shocking," the judge told McBride. "The duty of the custodian is to take custody of a corporation and protect it, not to steal it."

McBride testified that Berney had turned him on to the idea. He said he has no retirement fund and was looking for "a few bucks" to help him out when he retires.

New York attorney Lawrence Schoenbach, who represents Berney in his criminal case, declined to comment last week on the allegations made by Drake's attorneys.

No one in the federal government wants to discuss Berney's recent activities, either.

In researching this story, the Review-Journal received "no comments" from officials with the U.S. attorney's office, the Pretrial Services Office, the Securities and Exchange Commission, and the Internal Revenue Service.

Berney has been cooperating with the federal government since he pleaded guilty in December 2001 to federal conspiracy charges and admitted receiving at least $35 million in proceeds from the fraudulent sale of securities.

The pleas resolved cases pending against him in Las Vegas and New York.

According to Berney's plea agreement, he engaged in a conspiracy to defraud the United States from February 1993 through August 1999.

Berney was arrested in Switzerland in February 2000 and later was extradited to the United States.

Court records show that he was placed under the supervision of Pretrial Services in Las Vegas and initially faced such restrictions as house arrest with 24-hour surveillance and a prohibition on his use of computers.

After Berney's guilty pleas, however, all restrictions but one were lifted: a restriction on travel outside the United States.

Berney, who has been awaiting sentencing for nearly four years, is scheduled to testify against his co-defendants in January at their Las Vegas trial. McBride also is expected to testify as a government witness.

Among the defendants in the criminal case is former New York lawyer Herbert Jacobi, who is represented by Fritz.

Fritz said she began investigating Berney's activities about two months ago, when she received a tip that he was offering shell corporations for sale. She went to the Nevada secretary of state's Web site and searched for the names of Berney and his associates.

She found their names repeatedly. She also found Berney's name listed as president of a corporation called Telpac Industries.

Ironically, Fritz had represented Telpac's president, Mary Grace, for many years. The lawyer notified Grace about her discovery and began orchestrating an undercover investigation to gather more information about Berney.

Fritz said Jane Gordon, a woman who works for her private investigator, posed as an attorney representing a man interested in buying a shell corporation. Gordon and Berney communicated for about three weeks and ultimately had a face-to-face meeting in Las Vegas.

The following day, July 27, Fritz took all the information she had gathered on Berney and shared it during a two-hour meeting in Las Vegas with IRS Special Agent Mike Payne and Assistant U.S. Attorney Gregory Damm.

"Much to my surprise, the response was that unless I could prove that Berney was engaged in federal criminal violations, they did not see why they should interfere with his business activities, even though they were the ones who put him back out on the street," Fritz said.

She also provided her information to Pretrial Services, the secretary of state's office and the SEC. Only SEC officials have shown a strong interest, she said.

"My concern is that the U.S. attorney's office is not taking action against (Berney) because he is now a cooperating witness for them," Fritz said.

The lawyer said Grace recently was replaced as Telpac's president through a "proper shareholders meeting."

Adams said he plans to turn transcripts and documents from last week's court hearing over to the Organized Crime Strike Force, of which Damm is a member. The judge also asked his clerks to notify the secretary of state's office about how Nevada's corporate custodian law is being abused.

Attorneys representing Drake Holding outlined what they called "the Berney scam" in a mid-August motion that sought to remove McBride as custodian of the company. The motion described McBride as an agent for Berney.

"Monitoring the secretary of state records, Berney and his henchmen would discover corporate charters being suspended or revoked for nonpayment (a relatively frequent occurrence)," the attorneys wrote.

"They then would send a letter purporting to represent `a shareholder' to the last known address listed with the secretary of state."

When the letter is returned as undeliverable, according to the motion, they immediately seek shares of the corporation and move for custodianship.

"Once appointed custodian, the criminal perpetrators will attempt to sell the company to third parties," Drake's attorneys wrote. "When marketing the company to third parties, the criminal perpetrators rely on the court's custodianship order and seek an upfront payment of cash that is to be wired to a company owned and controlled by Berney."

Fritz said Berney has been offering to sell the corporations for between $130,000 and $160,000, although she does not know whether he has succeeded in selling any.

Joe Dilillo, president of Drake Holding, testified that he learned only a few weeks ago that McBride had taken over the company he had founded in 1986, issued 100 million shares of new stock and changed its name. He said McBride never contacted him, even though his telephone number was listed in the phone book.

"We were blindsided by this," Dilillo testified. "Someone comes in from left field and tries to steal my company."

Nonetheless, McBride filed documents with the secretary of state's office indicating that he had conducted a shareholder election and that 52 percent of the shareholders had agreed to the name change and authorized the issuance of additional stock.

Upon questioning by Adams, McBride admitted that he had not conducted a shareholder meeting and that he did not have approval of 52 percent of the shareholders. McBride said he thought under state corporation laws that he controlled unissued stock of the company.

"Does that sound OK to you?" Adams asked McBride.

"The way you put it, no," McBride replied.

During the hearing, McBride repeatedly told Adams he could not remember how many times he had filed other requests to become the custodian of inactive companies.

Drake lawyer David Otto mentioned at least one other company with which McBride sought a custodial relationship. He named four other companies in which McBride was listed as a director or officer.

"Why on earth did you get in the business of being a custodian?" Adams asked.

"I thought I could do it in my later years when I could not do contracting," he replied.

McBride said he was a home repairman who had worked several times at Berney's home.

Since he has no retirement benefits, McBride said, he asked Berney how he might secure additional money. He said Berney discussed deals with him and suggested he contact Dion.

Dion said Berney is a consultant for her financial research and development business, which she operates at 350 Kachina Circle, the same address as Berney's home.

She declined specific comment, saying, "Due to the voluminous amount of verbiage that it would require to refute the allegations at hand, we will reserve the right to respond later." She said she would be willing to discuss the allegations after a transcript of Wednesday's hearing becomes available.

Bid size increasing over 100k at .08 somethings a brewing better get your tickets before a merger occurs otherwise I'll be selling mine for $1.00+

shhhhhhhhh its going down in the DM ... wild white casey making moves .... WCSY

hey what's up here

yup

we're in early stages but i know nothing purely speculation

Very little information is available on the website.

History repeats itself with these tickers especially where reverse mergers are concerned.

I think investors should look at the history of the people involved and how their other tickers turned out.

whats do you think

anybody here?

Arcaro isn't selling this shell this is too clean, it'll be a perfect holding company to acquire US oil companies beaten down due to uso

Anyone think that WCSY will end up like the last Joseph Arcaro shell?

www.securitieslawyer101.com/2014/receivership-shell

$WCSY IS NOW CURRENT ON OTCMARKETS.COM

http://www.otcmarkets.com/stock/WCSY/profile

*Mergers and acquisitions future potential M&A read last 8k and attorney letter on otcmarkets.com under filings