Welcome to Galenfeha, Inc.

Simplicity From Technology


Operations:

2020 Forecast of Operations:

The Company generates revenue from our 'In House' developed software platforms, and by providing consulting services across numerous disciplines, such as aerospace, automotive, and medical.  Our operations are currently conducted in North America, and we offer industry specific regulatory consulting such as:

 

ISO9001-:2015, ISO13485, 21CFR820, ITAR, EAR, APQP and PPAP.

 

We recently began the launch of  EZ Shop Quotes,  and anticipate this product alone will overtake all other revenue generation combined in the upcoming quarters.

Galenfeha, Inc. 100%
Engineering Consulting 60%
EZ Shop Quotes 20%
Investment Activites 10%
Software Developement 10%

 

October 1, 2020

 

2020 Third Quarter Results of Operations:

 

End of Quarter Cash and Cash Equivalents: $82,509.98 (+$25,245.71 a 44% increase)

 

End of Quarter Outstanding Common Stock: 82,325,679

 

At the end of Third Quarter 2020, Galenfeha, Inc. has no outstanding debt, no options or warrants that convert into any class of stock, and no other instruments that convert into common or preferred stock.

 

2020 Third Quarter MD&A:

 

We provided Operational Consulting Services for Third Quarter 2020, and during the quarter, we saw an increase in our cash and cash equivalents as indicated above.  Management would like to make clear that continued growth percentages at previous Q/Q's will be near impossible on a continuous basis because of current market volatility, and for no other reason than economies of scale. We are continuously adjusting our services and investment strategies in light of current market conditions as a result of the Coronavirus Pandemic.

 

During the Third Quarter 2020, the Company added a Chief Technology Officer, Mr. Guillermo Pérez.  Mr. Pérez was brought on board to take command of our increasing demand for Software Engineering and Development.  Mr. Pérez’s complete bio can be found on our company website by selecting the link ‘Management’.

 

Our Flagship project, EZ Shop Quotes, which has been developed completely ‘In House’ is expected to be launched during 4th quarter, 2020.  If we successfully launch this product, and the product is well received, then management anticipates revenue and net income for 2021 to significantly increase.

 

 

James Ketner

President/CEO

Galenfeha, Inc.

 


 

July 12, 2020

 

2020 Second Quarter Results of Operations:

 

End of Quarter Cash and Cash Equivalents: $57,264.27 (+$28,388.45 a 98% increase)

 

End of Quarter Outstanding Common Stock: 82,325,679

 

At the end of Second Quarter 2020, Galenfeha, Inc. has no outstanding debt, no options or warrants that convert into any class of stock, and no other instruments that convert into common or preferred stock.

 

2020 Second Quarter MD&A:

 

We provided Operational Consulting Services for Second Quarter 2020.  During the quarter, we saw significant increase in our cash and cash equivalents.  Management would like to make clear that continued growth at previous Q/Q will be near impossible on a continuous basis because of current market volatility, and for no other reason than economies of scale. We are continuously adjusting our services and investment strategies in light of current market conditions as a result of the Coronavirus Pandemic.

 

Galenfeha management is continually looking for an acquisition/merger with a private company with no debt, and a minimum annual net income of $8,000,000 USD. Please see 2019 EOY report for more detailed explanation.

  

At the time of this report, July 12, 2020, the company is not in negations with any possible acquisition/merger candidate.

 

 

James Ketner

President/CEO

Galenfeha, Inc.

 


 

April 11, 2020

 

2020 First Quarter Results of Operations:

 

End of Quarter Cash and Cash Equivalents: $28,876.23 (-$52,473.71, a 65% decline)

 

End of Quarter Outstanding Common Stock: 82,325,679 (A decline of 700,000 shares)

 

At the end of First Quarter 2020, Galenfeha, Inc. has no outstanding debt, no options or warrants that convert into any class of stock, and no other instruments that convert into common or preferred stock.

 

2020 First Quarter Results MD&A:

 

We provided Operational Consulting Services for first Quarter 2020.  The final month of the quarter, we saw a significant decrease in our consulting operations as well as our cash and cash equivalents.  The primary reason for these declines was from the Corona Virus Shutdowns.

 

We have repositioned our investment activities in light of current market conditions, and are currently offering specialized regulatory consulting.  At time of this report, our cash and cash equivalents are improving.

 

During First Quarter 2020, the company removed 700,000 shares from the common outstanding, and continues to make private and open market purchases when management feels appropriate.

 

Galenfeha management is continually looking for an acquisition/merger with a private company with no debt, and a minimum annual net income of $8,000,000 USD. Please see 2019 EOY report for more detailed explanation. At the time of this report, April 11, 2020, the company is not in negations with any possible acquisition/merger candidate.

 

 

James Ketner

President/CEO

Galenfeha, Inc.

 



January 15, 2020


2019 First Quarter Results of Operations:


End of Year Cash and Cash Equivalents: $81,352.94


End of Year Outstanding Common Stock: 83,025,679


At the end of 2019, Galenfeha, Inc. has no outstanding debt, no options or warrants that convert into any class of stock, and no other instruments that convert into common or preferred stock.


2019 First Quarter MD&A:


Galenfeha sold Fleaux Solutions at the end of second quarter, 2019.  Proceeds from this sale where used for: investment activities; extinguishment of all debt; and to purchase and retire Common Stock.


Throughout 2019, the company provided consulting and regulatory services and these services where profitable.  At the time of this report, the company is currently providing engineering/regulatory consulting services for 2020.  All excess proceeds for these services will be used for investment purposes, and to buy back common stock from time to time.


Management has removed the going concern from the investor page, primarily because all outstanding debt has been extinguished, the company has streamlined operational overhead, and the company has sufficient cash to operate for the next several years.


Galenfeha management is continually looking for an acquisition/merger with a private company with no debt, and a minimum annual net income of $8,000,000 USD.  With Galenfeha's current capital structure, and with $8m+ net income for the incoming acquisition/merger, this would allow the company to meet the listing requirements for a higher exchange.  No acquisition/merger will be considered that either immediately reverse splits the common stock or that does not allow GLFH to meet the minimum listing requirements for a higher exchange.


If no acquisition/merger candidate becomes available for 2020, management will continue providing engineering and regulatory services, and make investments in companies that management has experience, and believes to be undervalued.


At the time of this report, January 15, 2020, the company is not in negations with any possible acquisition/merger candidate.


James Ketner

President/CEO

Galenfeha, Inc.