Goff Corp (OTC:GOFF) – As Suspicious as They Get

When the Victory Mark (VM) newsletters pulled out of the pump on Apr. 8 Goff Corp (OTC:GOFF) dropped more than 50% in three days and it hasn’t recovered yet.

54GOFF_chart.pngYesterday GOFF closed up 1.81% on just 4.5 million shares. That got them a close at $0.276. The way things are going, GOFF may not get a second pump spike before it crashes completely.

Awesome Penny Stocks (APS) and the company have been trying to tout the stock as hard as they can, but they haven’t had much of a success. That maybe partly due to the fact that it has been a rather sloppy job.

Yesterday’s press release, for example, didn’t provide any significant information about what the company has. Instead it was more talk about Colombian gold production in general. Still, the press release may make some people ask themselves what it is that GOFF really has.

Looking at GOFF‘s press releases and the APS pump emails one could get the idea that the company has acquired three properties in Colombia. Upon further investigation, however, things don’t add up.

In its press release from Apr. 8, GOFF talks about “…its newly acquired leases on the Gavia Gold Project.” What’s wrong with that? For starters the acquisition or disposition of assets triggers a public company’s obligation to file an 8-K with the SEC.

Companies have four business days to file an 8-K for such events, and that means GOFF should have filed by Apr. 12. Not only hasn’t the company filed an 8-K, it hasn’t even provided any information about the supposed acquisition in its press releases.

The same goes for the Santa Rosa Gold Project. GOFF said it was “newly-acquired” in a press release from Apr. 10, which would put the due date on the 16th or the 17th, at the latest.

In conclusion, GOFF have either neglected their reporting obligations, or they haven’t actually acquired the Gavia and Santa Rosa projects. We urge anyone who considers GOFF to be anything more than a pump job to do more due diligence.

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