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Turbo Global Partners Inc
DIBZ INTERNATIONAL INC., (NV)
Published Jul 22 2015
5 min read

DIBZ INTERNATIONAL INC., (NV)

Date:    July 23, 2015

Stock: DIBZ INTERNATIONAL INC., (NV) DIBZ – OTC MARKETS

Eutaw AL/ PR NEWSWIRE / July 23rd, 2015/ DIBZ INTERNATIONAL INC., (NV) (OTC Markets: DIBZ) DIBZ International Inc., Founder & Chairman Mark Wood commented on  DIBZ recent puzzling DIBZ stock volatility.

 

On Friday, June 12th 2015, unbeknownst to the Company; Gold Coast Capital, LLC ("GCC") a new DIBZ shareholder divested approximately 576,000 common shares. GCC previously purchased these shares from a DIBZ debt holder - B&B Cox Investments LLC.

 

In order to divest the shares & once again unbeknownst to the Company, GCC autonomously hired a stock promoter and paid for a series of promotional emails to be sent from June 11th – June 12th. Prior to June 11th 2015 GCC had retained a consultant – Kevin Ramsey. GCC claim GCC paid Ramsey an undisclosed sum.  Ramsey in turn paid an Orlando FL based email promoter $25,000 in cash to send the June 11th – 12th email campaigns. GCC sold 100% of its position on June 12th.  Shortly thereafter the Company was made aware of an issue at a Market Participant/Broker Dealer (“BD”). The BD would not accept any new deposits from any customers while the stock was $0.01 or less. On July 8th a BD restricted customer’s shares on the basis that their common shares might be deemed a ‘rolling distribution’.       

 

“At this point, clearly some brazen over-selling by exuberant market making participants has occurred with our shareholders common stock. This recent volatility is further complicated by the fact that no new common shares, conversions of debt, any form of dilution, or ‘easing of volatility pressure’ will be occurring at any time soon. Our Transfer Agent is unsure of exactly how many DIBZ common shares are trading in DTC; however we estimate the actual float number to be approximately 5m common shares. According to OTCIQ data, approximately 30,000,000 shares of DIBZ shares have traded from June 12th to today.” commented Mark Wood.

About DIBZ International Inc., (OTC: DIBZ)

DIBZ International Inc., is a Nevada corporation.  Originally, the Company was incorporated in the state of Delaware on December 28, 2006.   On January 27, 2007, the Company merged with Haystar Services & Technology, Inc., (“Haystar”) a Nevada corporation, with Haystar as the surviving company.  Haystar then immediately changed its name to DIBZ International, Inc., a Nevada corporation.  The Company is a holding company organized with the goal of acquiring and managing a portfolio of highly profitable, growth-oriented, synergistic assets and acquisitions.


Contact Information:

Mark Wood & Paul Taylor

DIBZ INTERNATIONAL INC.,

T 205 737 4790

admin@diz.com

www.dibz.com


Safe Harbor Statement:

 

This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.