Serefex Corp (fka SFXC)

[Renee]

Serefex had its registration revoked:

http://www.sec.gov/litigation/admin/2011/34-64533.pdf

[IPO$]

what is new ticker symbol?

[Renee]

SFXC : SEC Suspension :

http://www.sec.gov/litigation/suspensions/2011/34-64179.pdf

http://www.sec.gov/litigation/suspensions/2011/34-64179-o.pdf

http://www.sec.gov/litigation/admin/2011/34-64178.pdf

[zetti]

nobody was able to buy @0,015! but who is selling at this price?

[zetti]

0.015 x 0.03

[allezlOM]

Just got this email from CEO Mr Dunn,. this is Great !! :
"Serefex News" <[e-mail]>: "'BLANK Claude'" <[e-mail]>Claudexxx
We have 600 million authorized, About 350,000,000 issued, but are in the process of getting about 165,000,000 of those back from this litigation. Float is about 70mm.

Thanks,

Brian

[jeanette36]

What does that equate to per share this needs some promo on various boards

[AtomicRunner]

Bid whackers.

[patou]

This is all i could find for now

339,875,029 a/o Oct 20, 2008

[allezlOM]

Serefex Receives $11,246,559 Final Judgment PR Web   "Press Releases"
Hudson, Ohio (PRWEB) February 23, 2011
Serefex Corporation (OTCPK: SFXC) announced today that it has received an $11,246,559 certified final judgment against Hickman Holdings, LP , Chressian, LLC and the DAnza Family Trust ( United States District Court Middle District of Florida Fort Myers Division 2:08-cv-692-FtM-29DNF). This judgment is the result of litigation filed against the defendants regarding the stock exchange agreement they entered into dated October 20, 2007 for the purchase of W.P. Hickman Systems, based in Solon, Ohio .

In response to the judgment, Brian S. Dunn , President and CEO of Serefex , said, The Order from the Federal Court was very clear when stating The well-pled allegations of the second amended Complaint support a default judgment and we are very pleased with the courts ruling.

Mr. Dunn further stated, This Judgment significantly contributes to bringing closure to a long and arduous process for Serefex and now allows us to focus on future opportunities. We are very proud of the fact that our shareholders equity has survived the bankruptcy of W.P. Hickman Systems and we look forward to increasing shareholder value in the near future. On behalf of all of our shareholders, I would like to personally extend the most profound debt of gratitude to Michael Marsalese of the Marsalese Law Group . Michael represented the company vigorously with the belief that we were defrauded and was entitled to significant damages against all of the Defendants.

For additional information, shareholders are encouraged to e-mail Serefex at news(at)serefex(dot)com. They have begun an overhaul of their existing website and are looking forward to its re-launch very shortly. Additionally, the company has relocated its corporate offices to 43 Village Way , Suite 209, Hudson, Ohio 44236 with a new telephone number of [phone] and plans are in place to reopen its Naples, Florida office by mid-2011.

[jeanette36]

What is source please

[AtomicRunner]

Anyone know the exact float? We do know it's low.

This is huge news, people should get in.

[bradakus]

Looking good!!!

[allezlOM]

Big news out !!! $ 11 Millions, $0.033/SHARE :)

[bradakus]

Cool beans....

[dalcindo]

Anytime

[manysevens]

Nice Work, ty for the update:)

[dalcindo]

SFXC - TA:

1 - Since my last exit signal (RSI x < 50), RSI has remained in the BULLISH range, retracing to higher and higher lows (last one > 50 = V. BULLISH)
2 - PPS is slow and steady in UT
3 - 14, 45, 90-STO pattern suggest that last dip was a "healthy" BULLISH retracement suggesting an imminent rise

Target: 0.1
Overall - Houston, ready for lift-off

[manysevens]

SFXC .075 now, kinda jiggy

[dalcindo]

Mine is. Is it just my link or any others off of my page?

D.


Message In Reply To:
Dalcindo

your link is not working

dalcindo

- Also, see more of my TA in real-time at: http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2140281

[ezcash67]

Dalcindo

your link is not working

dalcindo

- Also, see more of my TA in real-time at: http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2140281

[dalcindo]

14, 45 , 90-STO are lining up with a bullish 14-RSI from this point on.

14-RSI has confirmed since mid-march that the interim action was a sideway consolidation tip-toeing towards a buyer-heavy side.

Overall - Lots of buying activity dominating this chart at higher and higher levels.

Outbreak potential sleeps here.

D.

[manysevens]

SFXC .063 looks interesting here ...

[dalcindo]

SFXC - TA in annotated chart: Very BULLISH



GLTYA

[scorp]

look like news on the way .
we are moving. buy!!

[eedlee]

I tend to move more towards the swing trading strategy, however, here is some other pertinent info you might find valuable for a longer-term prospect:

31-Dec-04 BARTLETT, TODD ALLEN
Chief Financial Officer 435,000 Acquisition (Non Open Market) at $0.0001 per share. $43
31-Dec-04 MONAHAN, TERRENCE P.
Director 250,000 Acquisition (Non Open Market) at $0.05 per share. $12,500
31-Dec-04 HANNAH, DOUGLAS J.
Director 250,000 Acquisition (Non Open Market) at $0.05 per share. $12,500

These transactions occurred before their first press release in six months, namely the announcement of their Fridge-Tape product. Their continuance of support is a positive for holders and buyers. Right now all we know is that they have orders to be fulfilled. A future press release with information on how many items have been shipped/sold, etc would help us gauge the overall potential.

The company has reported its financials ever since their acquisition of the shell company in Jan of 2003. This is due to in no small part the work of the CFO

Todd Bartlett, Treasurer and CFO.
Mr. Bartlett was CEO and Founder of Bartlett Capital Partners, Ltd. now titled Sierra Holdings, Ltd., a CFO consulting service specializing in business and strategic planning services, SEC reporting, mergers and acquisitions, start-up organization, business and financial modeling, forecasting, and turnaround consulting.

As you can see by Todd's profile, he likely initiated the shell takeover and is probably skilled in the markets, enough to know how to move SFXC forward in price rather than down. By the insider purchase in December, this helps confirm that he bought 1/2 million shares for a reason and is unlikely to let them go until he sees a potential for drop-off of positive results.

Keep in mind that the company reported essentially no earnings since its acquisition. It is likely to become even hotter when they post a quarterly in April, provided they generate revenue stream from their as of yet unrealised sales (orders aren't sales until you have the money in your hand).

Also look for the following companies to show up as news releases (taken from the most recent 10K filing):
"In the first quarter of fiscal 2004, we entered into another agreement with Consolidated Coatings Corporation which gave us exclusive rights to market and sell Magnapaint and its ancillary products to certain national chain stores throughout all of the United States, including Home Depot, Lowes, Menards, Wal-Mart, Kmart and Target, as well the exclusive right to distribute such products to the Home Shopping Network and QVC."

Since such channels already exist, it would be relatively easy to distribute press on these events. With the market rather upbeat about qvc/hsn releases, this could really send the price up dramatically if one should materialize.

But you need to keep in mind that:
"... the Company has incurred significant recurring net losses from operations since its inception. All of the Company's past due accounts payable are in default. The net loss for the three months ending September 30, 2004 from our new operations was ($91,000). As of September 30, 2004, the Company had a net equity of $82,230 and a net working capital of $75,596. Although our current assets of $289,220 for the period ended September 30, 2004 exceed our current liabilities of $213,624 for such period, this is the result of our 1st quarter equity financing activities and is not based on revenues generated from operations. Accordingly, there is still substantial doubt as to Company's ability to continue as a going concern. However, the Company's financial statements do not include any adjustments that might result from the outcome of this uncertainty. "

At this point it is unclear whether these guys are actually marketing a hot product, or simply making their stock look much prettier so they can pay off their vendors and leave town. However, based on Todd's profile, I would say it was possible they were intentionally attempting to drive down the price so that they could buy at bargain rates, which happened immediately afterwards. Quite a coincidence. Their financial release on Dec 4th contains doubt which drives the price down, and then on Dec 31st all the major holders buy back in.

Until things become clearer as to the exact nature of what's going on behind the scenes, I would carefully examine any news releases and try to verify them directly with the source.

Hopefully whatever I have distributed here to you and the board is relatively lucid. I would welcome any other analysis commentary.

[casunboy]

eedlee,

Great post - I have a feeling more stores will buy this tape...Thanks for the advice!

Phil

[eedlee]

I grabbed this before its run up started on Friday. I did not sell for a few reasons:

1. Breakout volume events often start a new trend - it is highly possible that we are looking at a 3 day run rolling into a coiled spring/pennant afterwards, provided that they can keep nice releases coming over time.

2. The majority of buying occurred at .08-.10, .12-.14 and .15-.17 (exhaustion). Closing at .11 is above the first accumulation mark and will begin the reaccumulation phase tomorrow morning.

3. At 1PM this stock was published to subscribers of otcstockexchange.com and resulted in the .15-.17 push. Some of these investors fled after the dip but subscribers often hold longer than most. These shares are still unavailable. They are looking for a recovery point to get out.

4. Other stock pushers have yet to pick up on the move. Look for other subscriber services to jump on the bandwagon and push the stock price higher.

5. Activity died down at the end of the day but price held and went up slightly. Obviously a few people saw this as a good entry point for a morning gap, which is likely.

6. You can clearly see insider buying in the days before the release. Those investors have probably sold their profits. However, they account for less than 1/10th of all volume that occurred on Friday. This means the opportunity has surpassed their expectations. They may regret their mistake of selling and rush back in with the next flood of buyers. Some of them may even still be holding if they are aware of further releases forthcoming.

If it gaps tomorrow in order to sustain itself it will need continued coverage by other sub services and/or the PR department of SFXC. I did not have a chance to call them. However I think the key element is the breakout volume which is 10x normal daily. The price may fluctuate a bit but it will probably not break the original .08-.10 entry run point anytime soon.

If you're uncertain about the potential move, watch for a good dip entry. This can be very difficult to find without Level II. The holders in the best position to gain from this pick are those who have the lowest common share price. Its not likely that many others who grabbed this at .065 are still around besides myself, but those who are expect a higher run up than .18. It's a difficult point to hit but if volume continues, more stock pushers will get on the bandwagon feeding their subscriber frenzy. Tuesday mornings after a holiday can prove to be very charged times for prospectors.

If you can find similar charts that break from absolutely nothing/weak channelling into a new trend with heavy volume you will see that they often run for 2-3 days and then die off before moving again. Sometimes the best entry if you missed the original can be after the big push has completed and the stock finds its new neutral zone which can be as low as the first breakpoint, in this case .10.

Examine Friday's pattern and expect a similar series of buys and sells to erupt Tuesday. This will help with exit and entry points.

[casunboy]

I haven't bought into this stock yet - but the chart/volume looks great - anyone have any thoughts???

Phil