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It’s more like Bentley was sold a lemon in SFIN. Lol
I am wondering if Bentley managed to get those documents locked in the storage in Brooklyn.
It depends on the requirements to get the CE removed by OTC. Perhaps it is still there due to the lengthy gap in filing of financial disclosures and reports for Q4 of 2010 and the years of 2011 - 2018. When Bentley tried to bring things current on Sept. 26, 2021 he filed annual reports for 2019 and 2020, and through Q2 of 2021, and has subsequently filed the last 2 quarters of 2021. I do not definitively know the answer but does anyone else know whether removal of the CE will require also bringing the reports for Q4 of 2010, and the years 2011 - 2018 current also?
6 CE removed this year I believe so less than CEs being added but it does happen https://www.otcmarkets.com/market-activity/corporate-actions click symbol changes, scroll down to CE click then ur list shows up
SEC doesn’t appoint CE’s. OTC markets does, and it’s rare for one to be removed.
That wasn’t my question my question is when will it trade normal again
And thanks for your concern lol
But are we clear to go and just waiting on SEC ?
That is anyone's guess. I have no idea. But, as soon as it happens the RS and issuance of the 150 Million post-reverse-split shares to Bentley will happen simultaneously, likely prior to markets opening.
Exactly but when will this take place ?
SFIN will not be able to be bought in the US until the Caveat Emptor (CE) designation and status is removed by OTC markets. It can, however, be sold in US accounts. TD Ameritrade still indicates "liquidations", i.e. sales are permitted.
https://www.otcmarkets.com/stock/SFIN/overview
I meant when does it get a bud and ask meaning when can it be traded on etrade
I think we are waiting for the market to rebound, in the OTC you have to have a lot of patience
Why is this stock still not trading this is crazy I never seen anything like this
And current retail gets wiped away…
Lol- huh? Per all filings the reverse merger is dependent on a massive reverse split. Why lie?
NO REVERSE SPLIT for SFIN, now or in the future......
Can't trade until the Caveat Emptor and black skull and crossbones come off. And, as soon as that happens the RS and simultaneous issuance of the 150 Million post-RS shares to Bentley will take place.
https://www.otcmarkets.com/stock/SFIN/overview
Is SFIN on the road to SOMETHING EXCITING.......watching and waiting ....
?? $SFIN
??0.0030
??, Pink Limited, AS: 500M, OS: 221M, US: 211M
??Dark or Defunct Badge Removed
Chart, OTC Profile, Twitter, @otcupdates
Update: 2022-05-11 05:40:31 (UTC)
If the dark badge is removed when can this stock trade again ?
The Company has created a series of bespoke sports trading algorithms and #NFTs. Our algorithms bring together the world of the day trader with that of the sports betting professional, while our NFTs form the basis of a unique,
Why in the heck would anyone buy that many shares, when it was sooo obvious what was gonna happen here?
Sheesh. I tried to help all last summer
NO REVERSE SPLIT.....BUY some of these CHEAPIE SPEC SFIN shares, IF YOU CAN.......................
It’s just facts. 500/1 reverse split will destroy current shareholders.
Not like I am making this up
Why say that when every filings states a reverse split has to happen before any merger?
....NO REVERSE straight ahead......buy this spec. stock, if you can....
There is. AB is reverse merging his operation into the publicly traded ticker, but he is not going to just bring in assets, capital and actual businesses and just gift anything to the current SFIN shareholders. This is how reverse mergers work and the current holders of the worthless dormant shell rarely end up with much of anything. The RS and simultaneous post-reverse-split issuance of the 150 Million shares to AB is how he gets paid for merging everything in as he will then own 99.7%+ of the newly capitalized entity. The remaining 400,000 post-RS shares will not have much, if any, value to them.
He’s wiping out current shareholders and starting new. That’s the reason for such a large reverse split.
Also notice this is still a non reporting shell.
Bingo! Again, no one listens to me. Bagholders stuck from last summer are about to lose everything.
Actually the current retail shareholders of SFIN will end up with less than .3 of 1% of the equity in the newly capitalized entity. And you are correct in that there will no liquidity left and not likely there will be much of a market for these shares, if anything,
I just don’t understand what the point of all this is if he intends to make our shares worthless. I get that the filings paint a bleak picture, but there has to be more to this.
And any good news it can fly
Dilution would create liquidity. So much will depend on what assets are brought into the company. I think AB will be able to put the share price anywhere he wants.
$SFIN$
That’s what will have to happen. A float of under 100k shares is just not sustainable.
Current Retail will own 1% of the company
Ummmm, no. You will have ticker with little to no liquidity. A bid and ask spread that will be ridiculous.
They will have to dilute shares.
Correct any good news this stock will soar
We will control the market cap for some time.
You want my shares, you will pay dearly for them.
$SFIN$
Retail is always screwed in these kind of deals, my fear is not the 150m as they are restricted but an 80% haircut right after the R/S.
So retail ends up with 1% ownership after the reverse split?
They were 150M restricted.
Ugh. Where is the upside now?
after a 500/1 reverse split the 200+ million shares issued?
I disagree nothing but upside from here
....holding for GOOD STUFF NEWS......eventually.....YES SIR EEE....
ok broken record, get a ticker u can like already, those adults who have choosen to ride this out arent gonna be swayed to sell for nothin plain and simple, SFIN so we play other tickers and dont need to post here daily until something happens
I tried to warn ya all last summer this would happen.
There is literally zero upside for current share holders
ugh. That reverse split will destroy all current retail shareholders.
That’s in fact that point of it.
Out with the old in with the new
...could be promising ....we shall soon see.......................
Doesn’t sound promising
I'm not sure jonsmile,
There is new filings at "company's house",
They should be available to view this week.
When things do happen I believe that they happen at "company's house" first.
Watch those filings .
If you or anyone else knows how to read them let me know. I AM CONFUSED AS WELL
I hope and pray for us all. We have all invested a lot of money here.
I wish the best and believe answers are in the very new future.
That's my opinion only !
Good luck my friend.
$SFIN$
What’s going on with this stock why is it taking so long to trade again I’m very confused with this delay
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$SFIN
Bentley Intel Incorporated
Click here for Highly Anticipated and Detailed PR Release 8.13.2020
A reverse merger is coming to... Safetek International, Inc.
It's happening per Ben Berry w/Synergy Management, the Court appointed Custodian, in this 7.10.2020 Tweet
1.25.2021 - https://twitter.com/BentleyIntel/status/1353679981658963970
Links to $SFIN SEC CIK# 0000833080 and otcMarkets Disclosure and DE SOS
ALGORITHM BACKED SPORTS TRADING
https://app.duedil.com/company/gb/09718466/bentley-global-uk-limited
Per Companies House a/o 7.12.2020
BENTLEY GLOBAL ( UK ) LIMITED
Company number 09718466
3 Officers
Per Companies House a/o 7.12.2020
BENTLEY INTELLIGENCE LTD
Company number 11439431
1 Officer
Introducing our new CEO - A/O 7.10.2020 - https://www.linkedin.com/in/alan-bentley-8305a610/
Featured Bentley Global Partner, heavily connected onSport™ - ESPN, ESPN scrum, PlayStation, ICC, IPL!!!
http://www.onsport.io
Websites for 4 other Bentley Global Partners:
https://www.hilldickinson.com
https://www.bluewatercapital.co
https://abchurch-group.com
https://novawealthgroup.com/sports-bond/
6.15.2020 - https://twitter.com/synergymgtgroup/status/1272647989992075264
6.15.2020 - https://twitter.com/synergymgtgroup/status/1272578185587232768
5.27.2020 - https://twitter.com/synergymgtgroup/status/1265655169750007809
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