LogFAQs > #962474817

Yeah, GOFF looking good. Hearing is tomorrow for the share cancellation. So, tomorrow Sharp has to prove that the previous owner, Calasse, created preferred shares that he never paid for. Sharp explains it here:

https://twitter.com/GeorgeASharp/status/1490845020848472064?t=z0ST2cDUrflIXRkuG5NoMg&s=19

To be clear, in order to get the shares cancelled, it is not enough to show that Calasse committed fraud as CEO of $GOFF. The only way to get the shares cancelled is to show that he received them for no value received which we believe we can do.

We know he was a total fraud who collapsed the company. It was a perfect candidate for a custodianship with its share structure and a share cancellation would make it even stronger. I don't see how the court could side with a scam artist like Callase, but I'm not a lawyer and don't know the ins and outs of cases like this. Hopefully this will be settled quickly.

But either way, if you bought GOFF in the .20s you have cheapies even if the court stuff takes forever. Oh, and Sharp removed the protection from his account today. This tells me he wants new investors and might be ready to announce a merger soon.