Having been following closely one of he few remaining shell corps set up by Carrillo Huettel, LLP, the infamous law firm which handled most of the earlier promotions for Awesome Penny Stocks, anticipation is finally building up on the penny stock of Symbid Corp. (OTCBB:SBID). Shares have yet to trade on what was formerly known as Happy Kids Inc. (OTCBB:HKDZ), even prior to the 25-for-1 forward stock split. Now that the new ticker symbol has been approved and Noah Levinson is expected to man the reigns of a possible merger with Symbid B.V., SBID stock is on full alert despite the fact that it might take weeks to see a trade go through.
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SBID Stock Quote
Market Cap: N/A
Last: N/A
Authorized: 290,000,000
Issued and Outstanding: 197,500,000
HKDZ Report of Insiders
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The idea of what HapyKidz was supposed to do remains with Symbid Corp. The shell corp. struck up a conversation to agree to try to combine Symbid B.V., a Dutch crowdfunding company founded by Robin Slakhorst and Korstiaan Zandvliet in 2011 that is mainly focused on equity-based crowdfunding for entrepreneurs, with their current business model of offering coupons for kids.
Prior to the agreement to try to combine the two companies and the subsequent 25-for-1 stock split, HapyKidz had a cash and total asset balance of $0 and total liabilities of $45,547 as of May 31, 2013.
Not much has changed since we first uncovered HKDZ, now SBID, back in
October of last year. Holli Moris, on May 14, 2013, resigned from all of the positions she held with HapyKidz.com, Inc. and Noah Levinson came in. One would have to be confident in throwing buckets of cash at SBID stock when it starts trading considering that Levinson, besides being the Operations Manager at Vanguard Funding since January, 2013, was once a personal assistant to actor Danny DeVito according to his resume.
The confidence of dumb money lowing into SBID stock after it’s 4th or 5th trading session is due to be supported by the Wikipedia page of Symbid B.V. Noted as a virtual grandparent in the field of crowdfunding, Symbid has unofficially been active for approximately 5 years although it only established itself officially in April, 2011.
For those unfamiliar with the terminology, Crowdfunding, in the U.S., is currently limited to the pledge- or donations-based system. Equity-based crowdfunding, a system which lets companies offer shares in return for individual investments, is not allowed under current U.S. legislation. Therefore, the only way to lose your pants is to go chasing after SBID stock about a week after the shares begin to trade.
About SBID Stock
Symbid Corp., fka HapyKidz.com, is a development stage company planning on working through Symbid B.V., a crowdfunding organization based out of Netherlands.
Click here to view the SEC filings for SBID.
Click here to view the website for Symbid.
Bottom Line:
SBID looks to be the penny stock pick that will be alerted by the APS and/or Victory Mark group at or around Thanksgiving. Whether alerts go out on SBID stock prior to that or not, as the end of the year approaches, the opportunities to run a long-winded campaign like XUII are unlikely.
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