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Friday, December 2, 2022

Goff Corp (OTCMKTS: GOFF) Dip & Rip as Reverse Merger SPAC Enters NFT Space with Coming Name Change to Worldwide NFT and Forward Stock Split

Goff Corp (OTCMKTS: GOFF) is easily among the most exciting situations on the OTC and speculators are heavily accumulating on this dip while they still have a chance. There are significant catalysts at play as the Company recently announced it is entering the $40 billion NFT space and changing its name to Worldwide NFT as well as affect a forward stock split. Management has been busy in recent months working hard behind the scenes on the share structure and the 377 million there were outstanding the last time we covered GOFF. Recently, GOFF was able to cancel 50 million “common shares” along with another 5 million “Convertible Preferred Shares”, that could have been converted to another 150 million common shares. Now it has been tweeted that another 78 million shares are possibly on the block to be cancelled, leaving a possible 99.0 million shares outstanding. 

Reverse mergers can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks that we have covered on this website have gone from pennies to dollars. Microcapdaily first reported on GOFF on August 22, when the stock was $0.25 stating at the time: “GOFF has been in play ever since David Lazar got involved back in June 2020, the run accelerated on June, 9, 2021 when reverse merger RM Whizz George Sharp got involved earlier this year. Mr. Sharp recently gained fame on the historic TSNP rise from triple zeroes to multi dollars trading hundreds of millions in dollar volume per day, he also took FORW from under a penny to over $1 highs.” Since than GOFF has gone “pink current” and recently filed a 10Q showing it is debt free. GOFF is coiled tight at current levels having recently trading as highs as $0.76 per share, the stock currently has some of the top speculators in small caps behind it who are looking for a Tesoro type run and breakout into a whole new dimension. 

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Goff Corp (OTCMKTS: GOFF) currently operating out of New York, NY is a clean shell with 0 debt and a perfect merger candidate that was a David Lazar SPAC before George Sharp was awarded Custodianship on June 9th, 2021. The Company was incorporated on July 12, 2010 under the laws of the state of Nevada. With principal offices located at 9 NOF Commercial Centre Industrial Park, Old Mallow Rd, Cork City, Ireland. The Company was an exploration stage mining company, that engaged in exploration and mining of mineral properties. They focused on gold and silver production. Since 2013, the Company has been dormant and in June 2021, a new custodian took over and will focus his efforts on developing a strategy for this company moving forward, including identifying suitable targets for acquisition. The Company had a subsidiary Golden Glory Resources, Inc. This entity was in the business of the aforementioned gold and silver production efforts. There has been no operations in this entity since 2013 until June 9, 2021 when custodianship was awarded to George Sharp. On June 9, 2021, custodianship of the Company was awarded to George Sharp. By Order dated June 14, 2021, all liabilities other than George Sharp’s judgement have been discharged by the Nevada District Court, Clark County. 

The Company had a judgment filed against them on July 23, 2012 by George Sharp in the amount of $57,450. This complaint was filed in Superior Court of California, County of San Diego on December 22, 2015. The judgment amount added accrued interest of $28,049 on January 5, 2021 increasing the total liability to $85,499 and then the final judgement on June 9, 2021 was increased again by $3,631 to a final figure of $89,130. All other liabilities were canceled by the court. The Company has incurred additional expenses in the six months ended December 31, 2021 that either have been paid by George Sharp or will be paid by George Sharp. Those advances are included in this account and are non-interest bearing. 

David Lazar; the King of OTC SPAC’s!! GOFF comes from David Lazar a private investor and since February of 2018, Mr. Lazar has been the managing member of Custodian Ventures LLC, where he specializes in assisting distressed public companies. Since March 2018, David has acted as the managing member of Activist Investing LLC, which specializes in active investing in distressed public companies. David has a diverse knowledge of financial, legal and operations management; public company management, accounting, audit preparation, due diligence reviews, and SEC regulations.  

In recent years there have been a number of hugely successful David Lazar custodianship/SPAC RM deals that have even spawned the message board; David Lazar, OTC SPAC’s/CUSTODIAN Plays on Investorshub.com.  Investor Sentiment in GOFF is high. 

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GOFF

GOFF is moving into the booming NFT space and the timing space could not be better; according to Crypto.com, nearly $41 billion worth of cryptocurrency was sent to two types of Ethereum smart contracts associated with NFT marketplaces and collections from the beginning of 2021 through mid-December, according to a new estimate from blockchain analytics firm Chainalysis Inc. The popularity of NFTs, or non-fungible tokens, exploded in popularity last year with recording-breaking, multimillion-dollar sales and celebrities, such as singer Shawn Mendes, socialite Paris Hilton, and former first lady Melania Trump jumping on the bandwagon. This tops an earlier estimate that the NFT market was worth $25 billion. Investors in the booming market suggest is will be a trillion-dollar market one day. 

We received an email from a GOFF investor asking us to write another article on GOFF (So we are) and stating the following: “Recently, GOFF was able to cancel 50 million “common shares” along with another 5 million “Convertible Preferred Shares”, that could have been converted to another 150 million common shares. In other words, 200 million shares of 377.0 million total outstanding shares have been retired through the Nevada Courts, and it appears that most people do not even understand that more than 1/2 of the outstanding shares have been cancelled or retired, as no one understands or reported properly the value of the 5.0 million “preferred shares”, as equal to 150.0 million shares of common. Now it has been tweeted that another 78 million shares are possibly on the block to be cancelled, leaving a possible 99.0 million shares outstanding from 377.0 million at the time of our last GOFF article.” 

Microcapdaily was among the first to report on George Sharps TSNP on November 15, 2020 when the stock was trading around $0.003 just as it was beginning its historic rise to multi-dollars and the reverse merge into HMBL. We stated at the time: “TSNP is a clean shell operating out of Oklahoma City, Oklahoma. The Company recently announced it has entered into an agreement with HUMBL, LLC to merge the two entities. In an all-stock transaction, the members of HUMBL will receive preferred shares of Tesoro in exchange for their HUMBL holdings.” 

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GOFF is easily among the most exciting situations on the OTC and speculators are heavily accumulating on this dip while they still have a chance. There are significant catalysts at play as the Company recently announced it is entering the $40 billion NFT space and changing its name to Worldwide NFT as well as affect a forward stock split. Management has been busy in recent months working hard behind the scenes on the share structure and the 377 million there were outstanding the last time we covered GOFF. Recently, GOFF was able to cancel 50 million “common shares” along with another 5 million “Convertible Preferred Shares”, that could have been converted to another 150 million common shares. Now it has been tweeted that another 78 million shares are possibly on the block to be cancelled, leaving a possible 99.0 million shares outstanding. Reverse mergers can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks that we have covered on this website have gone from pennies to dollars. Microcapdaily first reported on GOFF on August 22, when the stock was $0.25 stating at the time: “GOFF has been in play ever since David Lazar got involved back in June 2020, the run accelerated on June, 9, 2021 when reverse merger RM Whizz George Sharp got involved earlier this year. Mr. Sharp recently gained fame on the historic TSNP rise from triple zeroes to multi dollars trading hundreds of millions in dollar volume per day, he also took FORW from under a penny to over $1 highs.” Since than GOFF has gone “pink current” and recently filed a 10Q showing it is debt free. GOFF is coiled tight at current levels having recently trading as highs as $0.76 per share, the stock currently has some of the top speculators in small caps behind it who are looking for a Tesoro type run and breakout into a whole new dimension. We will be updating on GOFF when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with GOFF.

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Disclosure: we hold no position in GOFF either long or short and we have not been compensated for this article

 

 

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