This page has been archived and commenting is disabled.
This Fraud Of A Company Is Trying To Sell Stock, But Who Cares: Here Are Semi-Naked Women In Bikinis
Here's a business idea:
- Hire a bunch of hot women
- Tell them to pretend to punch each other on camera while wearing just a string bikini
- Go public (kind of) and hope to sell $20 million worth of stock which you paid a few hundred bucks for before making even one dollar in revenue
- Profit
That's exactly what Las Vegas-based Lingerie Fighting Championships (LFC), formerly known as Spaking Events, Xodetec Group, Xodetec LED and Cala Energy Cor,p which has a very appropriate OTC Pink trading symbol: BOTY, decided to do according to its just filed amended S-1 statement.
Only it is not exactly a public offering: the company's stock which rarely if ever trades on the pink sheets, is selling 3.9 million shares of selling shareholder stock for total proceeds of just under $20 million, as part of a reverse acquisition (no, not a reverse merger, a reverse acquisition) of its predecessor shell company with LFC.
The offering is part of a broader transaction involving a reverse acquisition using a shell company, the trademark of "unshady" deals:
On March 31, 2015, we acquired Lingerie Fighting Championships, Inc. ("LFC") in a transaction which is accounted for as a reverse acquisition. As a result of the reverse acquisition, we ceased to be a shell company and our business became the business of LFC, and our historical financial statements became the financial statements of LFC, to the extent that such financial statements relate to periods prior to the completion of the reverse acquisition transaction. In connection with the reverse acquisition, we changed our fiscal year to the calendar year. Since LFC was formed in July 2014, we do not show results of operations or cash flows for any periods prior to LFC's organization in July 2014. On April 1, 2015, LFC was merged into us, and our corporate name was changed to Lingerie Fighting Championships Inc.
Boring stuff: the company's description is more exciting:
We are a development-stage media company, which is in the process of developing and implementing a program of original entertainment which we plan to make available predominantly through live entertainment events, as well as through digital home video, broadcast television networks, video-on-demand and digital media channels. Our business is focused on developing mixed martial arts fighting techniques, known as MMA, together with fictional character persona portrayed by beautiful women in attractive costumes based on their respective fictional characters for the purpose of providing entertainment.
On August 8, 2015, we presented our first program, Lingerie Fighting Championships 20: A Midsummer Night’s Dream, at the Hard Rock Hotel and Casino in Las Vegas, Nevada. The program featured eight matches with 16 fighters. The fighters are beautiful women in attractive costumes. Each of the fighters has a specific and unique persona and appearance. Our event was live and carried on pay per view cable in United States and Canada. We expect that the program or a one-hour edited version will be available through video on demand in a number of countries, including the United States, Canada, Mexico, most of South America, the United Kingdom, Italy, India, Australia and New Zealand. Our source of revenue from this program includes a percentage of the fees received by the media distribution companies who carries our program, as well as from ticket sales and products related to the program. We may also receive additional revenue from sales of products through our website and from sale of the program through video on demand and other post-event media distribution. We are commencing discussions with respect to our second program, which we hope to schedule for October 2015.
We promote our events in a manner to create interest in each of the fighters and in the success of each fighter against the others, in the manner similar to a MMA league. We believe that our female fighters and their characters will enable us to develop and maintain an audience willing to attend our events or watch our events either live or through video on demand, and well as buying merchandise related to the events. Some of the fighters have followings independent of their participation in our events and perform in their character in other media or venues.
The punchlines above, in addition to "beautiful women in attractive costumes" is that this is a "development-stage media company", and sure enough, a quick look at the financials reveals just that: zero revenue...
... but a whole lot of outstanding shares, shares which the selling shareholders are now rushing to liquidate:
Why are they rushing to dump their holdings. That actually is a very interesting question.
We find this riveting description in the related transactions section:
On December 31, 2014, Mr. Butler, Mr. Chan and one non-affiliated person each made a $12,000 loan to us (then known as Cala Energy Corp.) and received a 10% senior promissory note in the principal amount of $12,000. The notes were due December 31, 2015 or earlier in the event that we completed a private placement of our stock. The notes were paid from the proceeds of a $200,000 private placement of our common stock on March 31, 2015, contemporaneously with the completion of the reverse acquisition with LFC. Mr. Chan was not a related party at December 31, 2014, and is deemed to have become a related party solely as a result of his acquisition of more than 5% of our common stock on March 31, 2015 pursuant to the Share Exchange Agreement relating to the reverse acquisition transaction.
In February 2015, Mr. Butler and Mr. Chan each made a loan to LFC in the amount of $1,925. The notes had a September 30, 2015 maturity date, and were converted into 1,925,000 shares of common stock pursuant to the share exchange agreement relating to the reverse acquisition. At the time of the issuance of the shares upon conversion of the promissory notes, neither Mr. Butler nor Mr. Chan held any equity interest in our securities. Two non-affiliated individuals, Giselle Dufourcq and Natilia Lopera, who are selling shareholder, each made a $700 loan to LFC and received 700,000 shares of common stock pursuant to the Share Exchange Agreement. Neither Mr. Butler nor Mr. Chan had any stock or other equity interest in our equity securities other than the convertible notes prior to the completion of the reverse acquisition.
In addition, during 2014, Mr. Butler made a $100 advance to us, and Mr. Donnelly made a $115 advance to LFC prior to the reverse acquisition. These advances are included in loans payable at March 15, 2015.
Through December 31, 2014, Mr. Butler had accrued compensation of $270,000, which represented compensation through August 31, 2014 from us, then known as Cala Energy Corp. In February 2015, Mr. Butler forgave $270,000 of accrued compensation which was treated as a contribution to our capital. The forgiveness of compensation was effective prior to the reverse acquisition transaction.
Pursuant to the share exchange agreement relating to the reverse acquisition with LFC, on March 31, 2015, Mr. Donnelly exchanged his common stock in LFC for 9,350,000 shares of common stock, representing 47.3% of our outstanding common stock after giving effect to the shares of common stock issued in connection with the reverse acquisition transaction and the related private placement. Prior to the issuance of these shares, Mr. Donnelly had no equity or other interest in us. He became our chief executive officer and a director as a result of the reverse acquisition transaction.
So a couple of people lent out the company a few hundred dollars (literally) for which they got millions of shares in stock, and now they are looking to sell these shares at a price of up to $5/share? Something tells us they won't succeed not just because the "company" has no chance of ever generating any actual material revenue, let alone a profit, but because even a cursory glance at the "relationships" section reveals this is nothing but a fraud.
Still, in a world where CYNK, a company without assets, operations or frankly anything except for an office in a stripmall and one employee can soar to billions in market cap on zero volume and then crash just as fast to zero, all of that is largely boring especially to the SEC and the Feds who certainly should be looking under the cover of Lingerie Fighting Championships very closely but they won't, so let's cut to the chase.
Here is the company's one and only "product" - "beautiful women in attractive costumes."
Suzanne “Hawaiian Punch” Nakata

Some more deep research into the nature of the company's future revenue stream:
And remember: if anyone gives you dirty looks for scouring through a post of semi-naked women at work, just say it's due diligence for an equity offering, which incidentally is what all the bankers who were caught on Ashley Madison should be telling their spouses and girlfriends.
- 144195 reads
- Printer-friendly version
- Send to friend
- advertisements -



















Visual Combat is HOTTER!!!!
Owww my Balls.
RIPS
Tehy want some bits.. give tehm bytes!
https://localbitcoins.com
Now were talking. Click-bait overload put into the article.
Is this web hits ratings season? ZH hits going through the roof.
Can someone please read the article and tell me what it says?? :) :)
Sumthin' about an IPO and ho's, I think.
Which one is Caitlyn Jenner? ;-)
Looney
Nothing that really moves the schwingmeter. A couple of them look like you don't wanna turn your back on them and pick up the soap either.
Oh well. Can't all be Mrs. pods.
pods
"looks like a pubic offering...not a good time to be short". j livermore
I just got a call from a guy less than an hour ago trying to interest me in a "hot IPO". They are taking a building public. Not kidding. They are IPO'ing an office building.
The top is in, guys. Time to get the hell out. Duck, cover, stack, lock, load.
Finally panem et circenses hits a home run. Can I invest and subscribe?
If you put a paragraph between each picture, I might read it all.
Now THAT'S what I call click bait!
They're ambidextrous: They're dancers AND entertainers. Now that's efficient.
Well it might generate more revenue than twitter ever did so there's that.
I wasnt sure if I could but I masturbated through all these pics. Even the ads. Thanks ZH.
Is there tongue punching of fartboxes?
Ronda Rousey, calling Ronda Rousey...
Pick up the nearest courtesy phone, calling Ronda Rousey.
None of these girls would last 10 seconds with the best fighter out there man or woman.
DaddyO
Wrastling comes to MMA
and all I saw were a bunch of fugly chicks in bikinis
Did it last for more than 4 hours?
Well done Zero Hedge. For an Old Bloke I gets not to see Z women in da near Naked state Thank you you asses
What I get to see needs eye bleach and in the naked makes Hillary's cankles look slim
Best ZH article in months
Truthfully! I'm scared of them all except for 'Hawaiian Punch'...In fact, I'd consider giving her a good tongue punching in her pineapple patch..
Why does this seem like a Tyler Durden production?
So...what company(s) were the fraud??
I would happily let any of those women take me down in a wrestling match...
Reminds me of Money McBags site.
http://whengeniusprevailed.blogspot.com/
Heheh.
I wonder if they punch each other in the boobs if they'll pop those implants
I didn't get past, "hire a bunch of naked women."
Got Edward jones folks knocking on my door , said goodbye the HL two weeks ago , check still on the counter have t decided what to do with it yet. Got out just in time it looks like
You goddamn right you got out just in time you old radiator cap son of a bitch! Good on ya cobber! Cash that check and invest in something that matters!
PODS,
Exactly, in fact the adams apple warning meter is pegged at 7.9/10 .
No wonder why MENbers are freaking out .
This is the slowest ZH page EVER !
Move along, move along now, nothing to see, move along.
The term 'butterface' comes to mind when viewing some of the 'models'.
Titties and beer
That's why we're here....
Cool handle, brah.
Seriously, I am pretty sure that there was more than one penis tucked behind those bikini bottoms...
Jenny I think. But it looks like he or she...Ah! whatever had the male part removed.
"If you have one bucket that contains 2 gallons and another bucket that contains 7 gallons, how many buckets do you have?"
Where's the Wookie?
I see hotter girls here in the trailer park.
And they fight for free.
These ladies do nothing for free. Trust me. I know what the tops of all their heads look like
This message approved by Client 9.
I don't know...a couple of them might want to know what YOUR head looks like - and would rest a beer there while you're busy.
You know Tanqueray too, huh?
Hands down you have the best return in all of Zerohedge. Like Agassi in his prime.
pods
I love sluts!
Where's Caitlyn?
deathrips------idiocracy used to be funnier when it was not yet apparent that it's not 'happening' but that it already 'happened'.
we've gone past the the event idiocracy horizon. there is no goign back!
"Go away!
Batin!"
who are the morons they are seling the shares too? I'd like to see pictures of those idiots as well
Investors are fully protected from default by the companies ass-ets!
Deez Nuts approves this message.
Boo Biesman agrees.
I don't see the problem.....
Meh. These are just the runner ups in the "Fitness" bodybuilding world. Think bodybuilding "lite"....as in 30 % less bull dyke lesbians and 50% less steroids. With lots of dance routines and floor gymnastics.
This is just the wrestling version of lingerie football. Yet another fad in the decline and fall of the Roman Empire 2.0 otherwise known as America.
Hey, wasn't there some travelling circus in the early 90's that had a bunch of babes in tights wrestle with each other, while coated in Wesson oil? This isn't anything new, just the way they are trying to raise money.
This is hotter than a Shake Shack. Buy.
Chris Matthews: I’ll quit if Hillary does!
http://tinyurl.com/nglntp8
Looks like a large escort service add, but they hoped they would be the next CYNK and who knows they might have. Have anybody figured out how CYNK even was able to have done what was done last year?
I dont think I want the 'hammer' clinching down on my nads
I read zerohedge for the articles.
Based on those pictures, I'd say inflation is low.
That was funny chit HH
I came for the half naked girls.
"on", not "for"
Dang, you beat me to it by one hour, although not literally.
A suckers market.
LOL
...and it's a toss-up which ones actually do the sucking.
Alright, Tylers!! This is what we're looking for!
Take my money!
Ask Goldman to open a pussy commodity desk: http://www.youtube.com/watch?v=ot2NTKyEHKM
"due diligence for
an equity offering"
I like it, but I'd rather be watching Chanel Preston practicing her craft.
"Feather" and "Jenny":
"She's a MAN, Baby!"
All these chicks look like they came directly from the call-a-whore ads the Mexicans keep trying to force into my hand when I´m on the Las Vegas Strip.
Protip: The real chicks never look like the chicks on the cards.
Thank me later.
Jenny Valentine is a dude, shouldn't that be against the rules? I am getting sick of breast implants, I love women's bodies and all but its getting ridiculous.
Well, you can always get two flashlights and use them as a railroad-crossing signal, alternating the strobe effect...left...right...left...right...ding ding ding ding.
Where is that animated gif when I need it.
Now, I've heard of bolt-ons but these appear to involve scotch tape as well?
Seems like a liability for warrior womyn.
I'm sick of them and this fucking tattoo fad.
"Jenny Valentine is a dude, shouldn't that be against the rules?"
Not sure I really want to know how you found that out.
Hey, where's your front butt?
or
Sorry, I only do anal.
Suzanne “Hawaiian Punch” Nakata
her 2nd picture (4th from the top) made my day
TY ZH
She isn't as easy on the wallet as she is on the eyes
lolz Thursday humor
mmmmm...shiny, sparkly, bouncy things.
I'm In where do i send the check or find a broker.... majority shareholders get dinner with the Models right?, what do you mean there no longer with the Company ?
Will this be an Olympic Sport in 2016? Women's beach volleyball is so passe and besides, they wear TOO much clothing...
The "women's" american volleyball team look more like men, than any of their counterparts, especially Italy and Spain.
More moronic nonsense and pseudo entertainment..... To the Thunderdome!
thank you ZH, you made up for all the hillary eye poison..posted lately. these young women are not even of the same species as that hag.
GO USA! Beats China!
So what's the point of all that clothing again?
I guess there is a lower chance of getting a STD in this line of work than in their previous employment for Vivid.
Bullish!
Most porn stars seem to "retire" when they get sick of getting rammed with oversized cocks in their anus's and do "side work" like this.
And tricking.
There is one I am looking @ for $1000 an hour.
I like to haggle my whores so I might get her down to 750$...
...a pimp's love is very different from that of a square.
I an offended!
The article is racist, sexist, and it is also disparaging of the great jews who run our beneficial free market economy for the goyim, aka antisemiitic.
In fact, this is what the goyim are celebrating!
Absurd! Reparations are in order for this obvious pro-antisemitic website!
http://youtu.be/dMniFQCyqTg
When vill the sufferink end?
Best Fight Club eva!
Stay classy, Vegas...
Now think Super Cankles and Jellin for the visual drive by.
whats up w/ the dumpy looking asian?
They've always gotta have at least one that even the lowliest customers feel they'd have a chance with in real life.
"Pork Dumpling"?
Mom!
Anyone else notice the direct correlation between fake markets and women's rights? They both took off in the 70s. Hmm, I wonder why that would be.
Fake society. Fake women. Fake rights. Happened in Greece and Rome in a similar way.
I'd love to see a study to that effect. No Sarc.
my observation would be fake rights -> fake women -> fake society.
Let's ask Megyn Kelly for her thoughts on this trend.
If this weren't fake, my money would be on Jenny Valentine. If I saw her roid raging, I would run.
Yo - Jenny's got abs to die for!
If you want me to be bullish, you first gotta make me hornish.
None of the women pictured make me hornish, but there are a few I would mercy fuck ... just to spread the wealth.
ditto, mushroom head.
Idiocracy. Vote for Deez Nutz!
Imagine if the women in Congress had to go thru such a routine to get elected.
We would have an all female congress and it wouldn't be the current incumbents but a much younger bunch.
Trump for President rhymes well with Lauren "the animal" in congress.
"Are you menstruating Lauren?"...and Bang!
id dat biatch gon' kick ma ass?
They only look skanky when not compared to FNM lobbyists
ah, Old school business.
It seems to me if the advertising revenue model of social media companies really worked, porn companies would be the top five in the S&P500 by now. Talk about numbers of users and clickers. Eat your heart out Facebook.
One of dem ladies has an Adams Apple.
Adam Sapple !!!
BAHAHAHA...i kill me.
that's a lot of click bait expended.
Half of them looks like transexuals.
I bet folks at the SEC are closing their doors for right now for some hand time..
hmmmmm.... women in underwear pretending to hit each other. more Bread and Circus please.
What was this about again?
So the girls probably get paid 200K $.01 share options per match?
200 hundred bucks sounds about right for semi clad hos rubbing on each other for 15 minutes or so.
Yen... I'm just wondering if the carpet matches the drapes?
If not, I'll consider redecorating.
Basically WWE but not as much integrity
haha
I was wondering...
Has anyone ever done ROI analysis on boob jobs...? Just asking ---
Yes. Wife #2. Poor return...very poor.
Massage parlor workers is a good starting point.
Depends on who invested the money. For husbands, it's a very poor ROI.
For a budding stripper, err actress, it could make the difference between national feature act or doing table dances at the truck stop strip club.
Brilliant.
Instead of a 'beverage warning,' perhaps a...'lotion warning?'
They have sights where chicks wrestle each other and end up going down on losing opponent. Now that's cooking with gas. This is sucker shit.
Hmm, now HOW is that 'losing,' pray tell?
ZH callin the bottom in again..
I am sure presidential candidate Deez Nuts is Balls Deep in this company
.
Damn, I should have read the prospectus.
I only subscribe to ZH for the articles.
I could never win in that ring...I would always want to be hitting them below the belt....cause that is where it goes
And they're all Tesla mechanics in their day jobs.
Hillary's Dream Team
Please change the avatar; I use ZH to teach the children; seriously. It is difficult enough already, as parents, in the world of insanity. Thanks for the consideration; just use a nice bikini top...leaves more to the imagination anyway.
Beat me, whip me, use me, I'm trash!!
OMG,,, I almost had a heart attack from low blood pressure.
No matter how old you are,,, you just have to look....
We have too many women. We want money!
SEX SELLS
OT and serious: I have chosen a vice-presidential candidate:
http://www.npr.org/sections/itsallpolitics/2015/07/08/421140664/for-limb...
Yes - Limberbutt McCubbins for VP