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Something is brewing it’s just on a very very low setting lol
Yeah, the filings were a mess last year. They were still revising the spring filings in the fall. But, the fact that they filed this year's annual early is promising.
I noticed that Ilan Freeman not only hasn't sold his 200,000,000 shares from years ago, but he also took another 18,000,000 restricted shares at .0007 in October for "services". Which means, he is somehow still involved and must have a positive outlook. 🤷
The thing that I like seeing most is the old convertible notes are almost wiped out and the long-term liabilities went from $1,629,647 to only
$85,270 remaining.
Now if only Chad would throw us a bone.
Total sneak attack plays like this tend to be the best
$SFLM YES HE KNOWS IT RAN BEFORE AND ITS GONNA RUN AGAIN
when ?????? nobody knows
remember it ran to 0028 on nothing news and MACKAY not speaking a word
Last year we didn't get the 1st qtr 10q till late September. This year I'd hope on time in May sometime
To the best of my knowledge, no. Here's an explanation I found...
"The exact filing dates depend on the organization’s fiscal year, but it is necessary to file three 10-Q reports each year. A 10-Q for the final quarter of the year is not required: A company files Form 10-K, an annual report, instead."
Aren't we still do a 10q?
☎️ Chad Mackay SFLM
801-808-7614
team@loyaltechnologies.com
Anyone want to give it a try?
That's what I was thinking.
He must be aware of the larger plan
I also found it interesting he is still on there. He could have sold in the fall and walked away with around a half million.
True, he had his chance on the last X pump
Or he’s bag holding like the rest of us. Perhaps he’s waiting to see if it ever becomes worth something. I can relate.
I know if I had that many shares it’d be a tough loss to take.
Interesting how the ceo before mavin
Ilan Freeman still doesn’t want to give up his shares 200 million I think
Maybe he knows more than us?
I could care less what he or any basher here spouts off. La la la la la la
Literally nobody cares about anything you have to say. But it is fun watching you talk to a wall.
Yes now let’s have news
Dilution is Dilution, one can spin anyway they wish SFLM diluted and has nothing to show for it.
Not even a CEO PR. He could clear everything up but no he stays silent. POS
Watching for 0001/0002
Agreed. It appears all of the dilution between November and February was paying off old debt and clearing the books. Not the CEO lining his pockets or dumping shares.
I noticed that. That's good news! All in all I'm happy with the yearly report, but there is obviously room for improvement.
You go George
Theme music in the background
Well we're moving on up to the east side, to that deluxe apartment in the sky, Yes, were moving on up to the east side.
We've finally got our piece of the pie.
He’s cleaning this shell up before proceeding it appears
Just some further observation.
This note is completely gone: 11/05/2018, $52,344 Outstanding Balance
This note: 11/16/2021, $300,000 Outstanding Balance... Is now down to: $85,270 Outstanding Balance
Nothing mind blowing in the filings but we are still pink and early with the filing. We are still alive 😂
10M + 9M took the last of the .0002s - .0003s up only 50M there - down 78M from last time - even less than caused by the OTCN 50M moving down and being sold at .0002 since March 19
Haven't read the whole report yet, but at a quick glance, I see one of the old notes is gone. I'd be willing to be my whole pile of shares the other note is gone on the Q1 2024 filing.
It was great that the CEO got the Annual Report filed way before it was due rather than running out of time and being late with an extension filed.
There is clearly still a significant backlog at otcmarkets.com - signed off March 14 - uploaded March 26.
26M bought already on ask on the early filing of the Annual Report with reinforcement of what was already known + $50K coming in + new business plan unchanged + no new notes. Counting down correctly - 22.4M left at .0002 x 399M .0001
That lithium company based on speculation could be nexgen materials born out of Utah university. Working on lithium for batteries.
Located in Utah
https://m.facebook.com/profile.php/?id=100072132204828&name=xhp_nt__fb__action__open_user
No new convertible debt notes [source: 2023 Annual Report]
News business model remains unchanged [source: 2023 Annual Report]
"The Company’s new business model focuses on acquisitions or technology licensing opportunities. The Company identifies companies and/or technologies that could be impactful in their respective industries. The Company’s overarching objective is to add opportunities that it believes will be accretive to the Company and its Shareholders. For example, the Company is working with one credible
university on some amazing technologies in the lithium mining industry that could prove to be important to the future of electric batteries."
$50K coming in by November 2024 from purchaser of the divested subsidiary SFLMaven of Florida, LLC.
Source 2023 Annual Report:
"Note 6 – Note Receivable
In connection with the divestiture of the Company’s operating subsidiary, the purchaser delivered a promissory note in payment of the $50,000 purchase price, which note is unsecured and is due and payable in November 2024."
2023 Annual Report Filed - March 26, 2024
https://www.otcmarkets.com/otcapi/company/financial-report/395135/content
10M buy at .0002 - counted down correctly to 36.7M left
396M bid at .0001
It's definitely been a shit show thus far, but at least the amount of dilution has been pretty minimal compared to so many other tickers over the last few months.
Until proven otherwise, I'm still going to assume the 800 million shares was to clear the books of old debt.
If so, not a bad thing.
If not, then FML.
What happens next is anyone's guess. 🤷
Bloodbath on isle SFLM. The dilution king of 2024
This has been an ocean of tumultuousness. I don’t even see a flicker of hope anymore.
Remember, the glimmer used to be no dilution. What’s next, the dreaded RS that is supposedly not needed to right our ship? It wouldn’t shock me, Chad has not shown that he is capable of bringing things around any other way. I wish the bashers were not right about SFLM, but they have been spot on with their prognostications. I guess it would have been smarter to heed their warnings and batten down the hatches.
A glimmer of hope amongst a sea of ambiguity.
I was just going to post the same
Share Structure updated March 25 - no change in 44 days now.
Problem is nothing has been revealed to us about what and who the company is?
He's probably loading up as much as he can and for as cheap as he can. Plus there are people here imo from the stock market industry thst can short pennies so they feel confident they can short this because the company has either chosen to be silent or has been placed in a quiet period while the sec reviews their request to have some restrictions lifted. But as someone has noted if the new company is what it claims to be, why do they need to seek funding the usual way that penny stocks do?
why do you post this
annoying
SFLM---Latest News-No Recent News Available for this company!---ihub
The small companies have to have enough shares to pay all insiders before they start whatever their plans are. I do think the SEC penalization hurt their plans for raising capital.
I, too am disappointed. I had high hopes for a supposedly private equity company, turning public or being involved with a public company in someway. For these companies it’s all about shares structure having enough shares to give away to all insiders involved.
EFFECTIVELY A NEW COMPANY FROM NOVEMBER 15, 2022 FOCUSING ON
ACQUISITIONS AND TECHNOLOGY LICENSING OPPORTUNITIES
CHAD MACKAY NOW CHAIRMAN & CEO OF SFLMAVEN CORP
CHAD MACKAY IS ALSO COFOUNDER & MANAGING PARTNER OF LOYAL COMPANIES
WHICH HAS ACQUIRED SFLMAVEN CORP
SFLMAVEN OF FLORIDA, LLC (EBAY STORE) HAS BEEN DIVESTED
WYSOS RECORD UPDATED - MAY 12, 2023:
- NOW ACTIVE - CURRENT
- UPGRADED TO "GOOD STANDING" FOR TAX & ALL OTHER CATEGORIES
- PRINCIPAL OFFICE ADDRESS CHANGED TO SALT LAKE CITY, UT
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=125183207156046129167103229051178173126156077253
COMPANY PROFILE AT OTC MARKETS - STARTED TO GET UPDATED JUNE 30, 2023
- CHAD MACKAY AS CEO, CFO & SEC
- NEW HQ ADDRESS IN UTAH
- WEBSITE FOR DIVESTED SUBSIDIARY DELETED
https://www.otcmarkets.com/stock/SFLM/profile
SHARE STRUCTURE - AS AT MAY 6, 2024:
AUTHORISED SHARES: 5,000,000,000 [SAME AS IN JANUARY 2020]
OUTSTANDING SHARES: 3,100,909,801
- RESTRICTED: 237,001,359
- UNRESTICTED: 2,863,908,442
NOTE 1: IT IS ONLY THE UNRESTRICTED OUTSTANDING SHARES COUNT THAT IS RELEVANT TO IMMEDIATE TRADING
CONTENT ABOVE THE LINE MAINTAINED BY SENIOR MODERATOR AJH92 - DO NOT CHANGE (IAW IHUB TOS) - OTHER MODERATORS MAY ADD CONTENT BELOW THE LINE
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