Pounce Technologies Inc. V.POI.H

Funtastic

[Empirikus]

• FUNTASTIC HOLDINGS LIMITED is the new lead investor.

• https://www.funtastic.com.au/

• They held 2.26 million shares before and acquired 16 million on Feb 22 and 17.75 million shares on Feb 29, which accumulates to 36 million shares.

• https://www.canadianinsider.com/company?ticker=SLC

[titanicleser]

Never heard from this holding. An Australian holding?  Cameron said that the new investor has much influence in the US market...? It is hard to believe that. But anyway, they have found one...

[Leafs4Life]

Looks like a shell company. Funtastic has been sitting on the AUX, bouncing between 2 and 4 cents for about a year. I doubt that they are a real, functioning business (the website is full of buzz words and catch phrases).   Why would someone use a foreign holding company to buy shares in Slyce (aside from the obvious reason that you don't want your name to be revealed.)  Anybody

[OnlinePayments]

Your postings are very sharp and well thought out. I would surmise that this is a straw man purchased designed to pump shares so insiders can dump them.

[Leafs4Life]

How would that work? The money has to come from somewhere. If this is fake so insiders can dump, who is on the other side of the trade?   The only thing I could think of is that some whale shorted the stock at a much higher price and needs to buy the shares back with the profits. But if that's the case, why not just let the company go bankrupt?

[lamothze]

It trades under ASX:FAN and has a 194M market cap. It's a vertically integrated  furniture company?!  DIRECTORS Julian Tertini Non-executive Chairman Peter Brennan OAM Non-executive Director Stephen Heath Managing Director and Chief Executive Officer (Resignation 26 February 2016) Geoffrey Squires Non-executive Director Margaret Haseltine Non

[lamothze]

Yeah I was wrong, I put information about Fantastic not Funtastic.  Funny is that Stephan Heath the Ex-CEO of Fantastic is a Director of Funtastic... Looks like it's really this Funtastic Limited, they have offices in Hong Kong. And I found a presentation from ParagonCare where they present Shane Tanner as also the Chairman of Funtastic Holdings Limited. https://www.paragoncare

[lamothze]

Lachlan Murdoch owns a chunk of FunTastic he's Australian but his father a certain Rupert is Australian and American. We can always dream eh

[OnlinePayments]

This post has been removed in accordance with Community Policy

[lscfa]

Wrong company. The aussy company is Funtastic Limited, but it was Funtastic Holdings Limited that is shown on Canadian Insider.

[lscfa]

Another clue - sedi.ca says registered holder is Scottish Wealth Management

[lscfa]

Insider no - JBUDOVI001....insider name - Funtastic Holdings Limited.....municipality - Hong Kong