What is XFC?
The Xtreme Fighting Championships (XFC) is a mixed martial arts organization ran by Steve A. Smith, Jr--the chairman of $EEGI.
The organization was reinstated in 2020 and it's next event, XFC 44, will take place on May 28, 2021 in Des Moines, Iowa.
(3/11)
On February 7, 2020, the XFC merged into $DKMR. This made XFC the ONLY publicly traded MMA organization.
The organization is worldwide with office locations in the US and South America. They have 185+ fighters representing over 35 plus countries.
(4/11)
Employee Owned--
The company rewarded fighters with 1,000 shares. 10,000 went to the evening’s best fight, submission and knockout.
This unique reward comes during a time where athletes who bring significant revenue (Conor McGregor) demand a stake in ownership.
(5/11)
Increasing Shareholder Value 1--
On May 12, 2020, CEO Steve Smith retired 170,000,000 shares of the common stock to help have the market cap reflect a more realistic value.
(6/11)
Increasing Shareholder Value 2--
On January 14, 2021, the company launched their first cryptocurrency: XFC Fan Token.
Holders gain access to contests, earn physical rewards and rare digital collectables.
(7/11)
Initial Entry into Streaming--
On March 23, 2021, the XFC launched XFCTV, a network (offered in Portuguese, Spanish and English) that provides live and archived fights.
The company stated that Plans are already underway to further expand the channel’s reach.
(8/11)
XFC Broadcasted On:
* FS2
* Fox Deportes
* Rede TV!
* HBO
* ESPN
* Esportes Interativo
* Terra TV
* UOL
Did you know that $EEGI's CEO is:
* The COO of Xtreme Organics. They sponsor the XFC and produces CBD dietary supplements for athletes.
* The CEO of Xtreme Sports Marketing, who partnered with XFC MMA for marketing needs.
(11/11)
X Stream Channels--
* Subscription-based streaming service
* Offering XFC MMA & other content
* Will be available on services like Roku, Apple TV, etc
* Application already developed
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Pink Current-- @TonnerOne filed their attorney letter on 09/14/21. Due to the OTC Markets backlog, it's taking approximately 14 days for a company to upgrade to Pink Current.
Expected Date: 09/28/2021
$TONR
(3/6)
Debt Cancellation--
Per their latest 10Q, the company is negotiating with creditors to find ways of resolving their debt obligation.
The company changed their authorized shares from 4B to 3.2B. With the OS nearly maxed, it will prevent diltuion.
* No toxic notes or dilution.
* CEO owns 70% of the common stock.
* Float is 1.07 billion.
Interested in this healthcare services, medical equipment, and digital health company?
$SHOM
(2/7)
$SHOM is a medical company that focuses on:
* Digital healthcare (Health Coach App)
* Weight Loss (True Diet Plan)
* Wearable Medical Devices
Let's go through each.
$SHOM
(3/7)
Health Coach App (1/2)--
The medical health consultation app provides in-office medical care and assessments for:
* Anxiety
* Depression
* TCM Comprehensive
* Health
* Nutrition
@TonnerOne will upgrade to Pink Current any day. With their press release highlighting their business plan nearing, let's take a look at what's going on.
$TONR
(2/5)
Share Structure--
To prevent dilution, the company decreased the authorized shares from 4B to 3.2B.
Company spokesman, @CalvinRitche, announced no reverse split.
Per the 10Q, they are seeking a share reduction via old certificates.
$TONR
(3/5)
Operations--
Within 2 weeks we'll see a press release detailing:
* New management
* Direction for the company
* Reverse merger update
What is a reverse split--
* A reduction of shares which increases the share price
* Does not change the value of your shares
* Market cap does not change
The High-level Process-- 1. Announcement via 8-K, 10-Q, 10-K, or articles of incorporation. 2. Shareholder approval (if required). 3. Company submits notice to FINRA 10 days prior to the effective date. 4. Split posted to the OTC Daily List.