Member Info for Daveavt

Because it's rare you see a stock in this much of an interwoven tale of obfuscation, and people ramping a share and making up stuff, when the directors own declarations says completely the opposite.

I don't know? How many people does it take to copy and paste directors declarations? now I know rampers think they need a lot of people to keep chatting hyperbole and buzz words of no substance, but it only needs one person to post a straight fact from the horses mouth. So I don't need Polly, or anyone else to agree with me. The links do the talking.

No problem at all doing a dummy buy of £5k, at 0.399

Polly, do you not mean 450k for mining hardware? This is mentioned on envoys site as a news clip. Unfortunately they didn't mention where they couldn't make payments and all the equipment was seized. '' (b) On June 22, 2017, the Company entered into a secured loan with a corporation with a significant shareholder for a loan up to CAD$450,000 for the purpose of purchasing digital currency mining hardware (“Mining Hardware”). The loan was non-interest bearing and due on August 31, 2017. The Mining Hardware purchased with the loaned funds is held as collateral until the loan amount has been fully repaid. Furthermore, revenue produced by the Mining Hardware purchased with the loaned funds is to be paid to the Lender until the loaned funds are repaid in full. Should the loan remain unpaid past September 30, 2017, the Lender will take sole possession of the Mining Hardware, in lieu of the loan. ***As at September 30, 2017, the Company had not made the required payment of the loan and the Lender took sole possession of the Mining Hardware (refer to Note 5)****. '

Meddler, did you actually write 'good summary'..??

So here's the crux of it. Why would black cactus or anyone want to deal with a company that has done nothing, has no history, massively in debt, can't pay it's bills, has declared everything it's done has failed, had equipment seized etc. Why would anyone need this 'company'? Because it floats on the stock exchange, and even a change in ticker name can make traders money, that's why.

' There is no historical financial information about us upon which to base an evaluation of our performance. We had net (loss) income of $(442,014) and $(20,308) for the three months ended October 31, 2017 and 2016, respectively. We did not generate any revenues from our operations for the three months ended October 31, 2017 or 2016. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including the financial risks associated with the limited capital resources currently available to us for the implementation of our business strategies.'

' We do not have adequate funds to satisfy our working capital requirements for the next twelve months. We have borrowed $500,000 from Bellridge Capital to fund our planned plan of operations utilizing the software license agreement we have with Black Cactus. Pursuant to the terms of our agreements with Bellridge, we will file a registration statement with the SEC to register the shares to be issued under those agreements. We will not receive the second tranche of $500,000 until we receive our first set of comments from the SEC. The final tranche of $500,000 will be received once the registration statement is declared effective by the SEC. We cannot estimate when we will receive the SEC comments or when our registration statement will be declared effective by the SEC. Until such time as we receive the final $1,000,000 of funding from Bellridge, in the interim, we may not be able to completely implement and commence our proposed plan of operations.'

' (b) On June 22, 2017, the Company entered into a secured loan with a corporation with a significant shareholder for a loan up to CAD$450,000 for the purpose of purchasing digital currency mining hardware (“Mining Hardware”). The loan was non-interest bearing and due on August 31, 2017. The Mining Hardware purchased with the loaned funds is held as collateral until the loan amount has been fully repaid. Furthermore, revenue produced by the Mining Hardware purchased with the loaned funds is to be paid to the Lender until the loaned funds are repaid in full. Should the loan remain unpaid past September 30, 2017, the Lender will take sole possession of the Mining Hardware, in lieu of the loan. As at September 30, 2017, the Company had not made the required payment of the loan and the Lender took sole possession of the Mining Hardware (refer to Note 5). '

'On June 22, 2017, the Company purchased computer equipment totaling $364,590. The equipment was pledged as security on a loan (See Note 6(b)). Pursuant to the terms of the loan, should the loan remain unpaid past September 30, 2017, the lender would take sole possession of the equipment. The Company did not make the required payment and the equipment was returned to the lender and as at October 31, 2017 the Company had no equipment.'

'In December 2017 the Company acquired an exclusive software license for the Black Cactus blockchain development software platform and related intellectual property (the “Software”) and the Agreement includes a contract with the CEO of Black Cactus LLC to become a Director and Officer of the Company. The Company plans to use the Software platform to create a crypto trading exchange to support crypto and fiat currencies, music publishing, distribution, supply chain, medical research and trials (refer to Note 11). On December 4, 2017, the Company changed its name to “Black Cactus Global, Inc.". The Company has had no revenue or operations, and only incurred losses since inception. As at October 31, 2017, the Company has a working capital deficiency of $717,202 and an accumulated deficit of $3,364,538. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. In view of these matters, the Company’s ability to continue as a going concern is dependent upon the Company’s ability to raise sufficient financing to acquire or develop a profitable business.

Which is ironic considering it's filing it submitted only 7 days ago, have a read.. https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12439406

Oh neither, it's intriguing how you can dig and dig on a company and realise people can actually float a company and make money on shares based on nothing, just by writing rns. To be fair most of the stuff found has been about envoy etc, and from that link I posted you can see from their own hand they have never started anything they said they would, so hence any rns they did previous was all fibs. The issue is msg are apparently in joint ventures with them and producing rnss with the same information in...which going back to envoys declaration, never existed. He stated quite clearly, 'we have no customer, clients, deals or arrangements', backed up by the fact every website I found relating to anything was a free WIX built one page website.

I'm confused, are you saying you worked for msg?

I already did a study on wow, well what I could. Apart from the financials, it's been a dormant non trading company since conception and has zero internet presence, office is based at a home address. There isn't any way of contacting the company.

https://seekingalpha.com/filing/3586499

Lol personal attack alias 'I have no argument'

Seeing as the last rns said they had licences for software and platforms that envoy group have confirmed never existed, you might want to take any further rns with a pinch of salt until anything is 'confirmed, being used, and making revenue'. There is a reason why the envoy declaration didn't mention any 'joint ventures' had 'had no customers' https://seekingalpha.com/filing/3586499

There is no blockchain platform, there isn't anything. The director of envoy already confirmed this in their declaration. https://seekingalpha.com/filing/3586499

from the declaration...'Management’s Plan of Operation We do not have adequate funds to satisfy our working capital requirements for the next twelve months. We intend to pursue capital through public or private equity financing and by borrowing from any available sources if required in order to finance our business activities. Our Officer and Director’s have not made any written or verbal commitment to provide additional financing to our Company. We cannot guarantee that additional funding will be available on favorable terms, if at all. If adequate funds are not available, then our ability to continue our operations may be significantly hindered. We have not yet begun the development of any of our anticipated services and even if we do secure adequate financing, there can be no assurance that our services will be accepted by the marketplace and that we will be able to generate revenues.' ........Tony, do you see that rather important point 'we have not yet begun the development of any of our anticipated services'...not that it's the first time that is mentioned in the declaration..