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You're a 'HOT DOG' - You are on IGNORE now - BYE
SFIO is loaded with manipulators and dumpers. Once under 1 cent with almost certainty SFIO will be swimming in the sub cent sewage.
JMO
I have pretty much assured myself that the OTC market is going to be Spotty, But on the whole depressed for quite a bit longer. Every day something comes out to make Investors mistrust the market more and more. This sharp merger that just tanked, Which now has a lot of rumbling of fraud or "indifferent missmanagemment", I think was the last OTC that has consistently gained value in the last year with only a couple recovered dips. Just that much more doubt and cynicism For investors to stay away.
That was one of my last 3 large OTC holdings, All of which either We're highly undervalued from a technical standpoint, Or in that 1 case, not knowing the merger, still had potential for being undervalued. I'm still hopeful that when the dust settles they will eventually have the most upside potential. There's always a chance even the best looking company has underlying problems or is it complete fraud, But if that potential is a problem for anybody.... OTC is definitely not the place to be investing@@
I rather buy at 5 cents than $0.014. SFIO trading sub-pennies will likely happen soon.
Jmo
You don't want to bet with me. And the reason why is that $SFIO is still above a penny. 30 days and counting. $SFIO will dip, but as the gesture has claimed, it won't go there. Isn't betting on Ihub grounds for being banned.? Just asking. Gambling is illegal without a permit and certified government license? I'll save this post for future reference.
$SFIO
SFIO holding 1/2 cent above a cent is humiliating and I wouldn’t be highlighting 28 days as a remarkable achievement.
I bet this will be under 1 cent before its over 2 cents again.
JMO
28 days and still above a penny.
$SFIO
I hope SFIO can get over 2 cents but the way SFIO is shaping up I doubt it. I am being realistic.
Jmo
Is that what you think...or is that what you..hope?
Thank You Beauneedsbiscuits, I always did like your perspectives. The otc has always been a tricky place since i started investing back in the 2000’s. I had my share of losing money in the otc market over those years. With SFIO, i have been married to it since 2011. Perhaps one day i will sell my shares, perhaps not? SFIO is my last otc penny stock that i will ever own. I stick now mostly to blue chips and other securities. I did love your illustration of GOFF-WNFT to the Titanic. I read somewhere as to someone being quoted as saying this about the “unsinkable” Titanic…
“God himself couldn’t sink this ship.”
Mthorebbank, I would classify you as eternally hopeful for SFIO. I’m with you my brother.
DANG, only two floaters visible in the last couple posts.
If memory serves a sell is also a buy.
But what the Heck.
Sorry I was not able to respond to these "opinions" and "observations" I am reading here, As I have been dealing with the utter implosion Of possibly the last OTC stock That showed a profit for the last year. George sharp's flagship Reverse merger.... Can now be renamed the Titanic. So while the rest of the OTC, For those paying attention, ALL the OTC Have had their 70 to 90% Cratering losses...WNF* Decided to lose its 75% all-in-one day.
Let's do a little comparison Between which might end up being the better company.
Georgia's stock, Many believe, was hyped and implied from the beginning that it was some great Behemoth possibly with a worth of over a billion dollars.... Turns Out no such deal was ever in the making. Did I mention that this non merger deal has taken over a year to get to this point?!! And here many thought S FIO was the only one that had these types of issues!! Market cap is now still in the tens of millions for a company nobody has a clue might end up being.
We know what S FIO revenue and profit margin are And that by all credible Valuations is grossly undervalued.
Sharp as The custodian, In very very few times He told his investors about anything that's transpiring or going on. Most of it was misleading or down right lies. Compared to S FIO, Who if anything, Is overly Communicative!!
George is blaming his investors for being stupid enough to listen To all the hype presentations that he is not once try to dispel. Compared to S FIO management who actually listens to its investors and looks at correcting issues they may find.
For all the accusations of excess dumping bringing down the price. Which no one has once Proved is unique or excessive with only S FIO( chart below)....OR .. Complaints about how many shares may have been given to hatati (Which doesn't really matter unless there's added massive stock dilution) ...... Do you think you would have been better off Being one of George's loyal followers Who literally lost tens of millions of dollars today..... Mostly from a pre market announcement that allowed no Investors time to slowly walk down the price?
Maybe some here Wish they could be in that 1 instead
On a side note, I have spent Multiple times on the social sites for that stock warning people and suggesting they may want to take some profits after it ran a 100% before what they thought was the precursor of this massive announcement of a massive company.
Just like with EEEN*, They ignored it and thought that idea was silly Since they were sure the stock was going to run another 1000%. Even with my loss today after taking profits this Week and last... I ended up with a return of over a 100%.
And yes, Some of that will be trickling in to S FIO in the coming weeks and months. Hope that gives you something to think about over the weekend.
https://investorshub.advfn.com/uimage/uploads/2022/7/1/ewqnysfiocomp.png
SFIO dumping never ends. Only 1/2 cent away from the sub-zero $hit show.
We all know 100% it will be under a penny. Just a matter of time.
JMO
28 days and still above a penny. And green today. This will break out and make a bunch of investors somewhat happy. JMO.JMO aye?
$SFIO
Just to get the facts straight.... There are buyers that are taking profits from other Stocks they own (at a time when everything is going down) and using the proceeds to buy this tanker and keep it propped up at a market Cap much higher than it deserves.... Thanks for sharing.
Just buying a little more every day or every other day or whenever profits come in. 35K today...may be 350K tomorrow.... It's easier than going to the casino where I'd most likely lose it for sure. Wonder where all those whales swam off to
Holy Crap - More buys than sells today - unfortunately SP went down
like a brother.
Hello Multivalue. Do I know you?
At least Q2 ended and if my recollection is correct, by Mid-August or whenever the deadline is, we should see audited financials for Q2?
What a shame 'Obidens_basement', Only 10 likes - 9 plus mine
Many talk about unrestricted shares being dumped. We know the only two non retail that had them. One is either out, or close, OR holding. The other is the old note holder and he is restricted in how many per day.
The volumes are relatively low so YAA, price fluctuations will be higher and YES, MMs often have no rules or standards for their pricing and YES, Im sure there are ALWAYS retail investors that MOVE ON ; ) . There is no argument that this needs to get noticed. If "supposedly" 700 social media followers got off their lazy arshes and posted a few times a day... who knows!!
BUT its still competeting with a thousand other decimated OTCs clamoring for recognition as well. MANY "other" stocks having VERY ACTIVE and motivated followers.
Please, respond and tell me what I'm missing from this general following statement.. AGAIN... Doesnt matter if the Devil himself is selling all his "insider" shares, as long as there is no new serious adding of shares(dilution)....the companys PE & PS to MC ratios means its SERIOUSLY undervalued by all CREDIBLE financial standards!!! Non retail dumping is a convenient excuse for current trading.. but no one has any proof that I've seen.
Some say it has a value of $5M....ok.....I "think" its worth... $20B...except on Tuesdays and Fridays when its worth $1,567.35....what, you're not taking MY word for it?!!!
In the last few weeks they have started putting out a little more concrete info including that interview with a new Epiphany manger/owner.
You all notice the nice 750K buy today? In the next 2 days, The Sharp flagship reverse merger will find out it's new owner. Got my initial investment out in this recent run. Whats left, protected with TSL, should Garner no less than 250% return.....or.. truly is a lottery ticket. Either way looking to put part of that in here soon. Anybody else want to commit?
P.S "all those shares given away," other than jeths and officers, add up to a MASSIVE 5.7M shares....some of those as equity for recent acqusitions....OR...a mind boggling give away of. 0.4% of all shares...how generous...geezzzz!!!
It really was unbelievable all the shares they gave out, kinda serves them right as to what’s happening now, but at the same time hurting us long timers.
How long will that go on?
Exactly the same thing that has been happening to me. Several buys over the past few months and most bought at lower price than bid.
Someone who has unrestricted shares when SFIO gave out millions of shares to everyone including the paper boy is selling every day
I just bought small amount of shares at .0142 to counter the 100 shs at .013 and they sold to me for less - pr--ks
Serious?!? LOI to buy a Mexican Toy Company. That is what they do with Share Selling Scheme Money? Same people adding more overpriced shares to their portfolio to prop this scheme up. Should be a Market Cap between $2 and $5 million. Thanks to posts like this one the MMs feel compelled to prop this up. They play the see if we can get these Raptor Traders to buy FOMO on a fake run up... HAHAHAHAHAHAHAHAHAHAHAHAHAHAA! Buy this and wait forever to take a loss or take a loss immediately.
This Fake Ponzi Scheme is still above a Penny. 22 Days and counting from June 10
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Afterhours (Closed)
Volume 1,277,874
Bid Price 0.0131
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$SFIO
Archie Bunker would be saying…”whoopty doo! whoopty doo!”
Many of us have been saying the same thing but it obviously just doesn't register with everybody. Personally, Other than a few free shares in some old OTC companies, My exposure to that market is down to 3 companies. My 2nd largest holding, which has now become my 1st largest holding, Is sharp's flagship reverse merger. I've held that for over a year (with stop losses in place, figured to play the hype if nothing else) And it has currently run over a 100% in the last 3 days. From my average Of my majority buys back then, I'm now up closing on 350%. If I add that to my "paper losses" with SFIO(averaged down to under 2), My total OTC returns will still be ~175% for the year. Given most OTC's have lost 80%, I'd say that's not doing too bad.
I guess the point is, If you have been relying on this one stock for a significant portion of your portfolio, well, I guess I understand why there's some Frustration. But I believe you and many have stated many times, OTC is really only for disposable Play money. I get upset when I see management or companies doing things I don't think it's prudent..... But ultimately, Not having a significant reliance on a single stock, Reduces the emotional reaction to anything that goes on with them.
For those that think That S FIO has had abnormally more "dumping" or has has a worse price per share Percentage then most other otc... I Made this little year to date comparison graph.
And I will state it again, Doesn't matter How many shares are being dumped or if it's satan himself is dumping them... As long as it's only shares that are currently Registered and authorized. When you see the OS Amount Increase by 50% or more, Then you can start expressing reasonable concerns.
P.S. that 150K shares this morning in 2 batches was me... Just to show my faith
I noticed that also chaos right in the middle of the session...somebody bought that MILLION also...none of this really matters at this point we're all talking about a security that cost less than 2cents. " ...if you want my two cents worth..." this one is still what I said months ago... a buy and HOLD...nothing more not a quick flip...I honestly believe this isn't going anywhere for quite some time
Let me guess another day of dumping today? Great news on Wednesday unti someone dumped over a million shares that crushed SFIO.
I would love for you to be 100% right on SFIO.
I have been married to SFIO since 2011. Don’t have to say much about the history. I remember in 2008-2009?…a company, the ticker JAZZ (look them up) was a penny stock. Today, that same ticker is trading at $150 something a share. I missed the boat on that when I sold it for $3 bucks. So I agree with you 100% with what you said. I said this before, this would be amazing if SFIO would be trading between .50-1.00.
Investors have just gotten used in the last couple years to the idea that idea that all OTC triples in 6 months. This isn't by far my 1st stubborn OTC. And I'm sure many here have stories of the stock they waited and waited and waited on, Sold out, Just to have it run a week later.
An overseas company with no audited financials Has a greater bar to pass than most. If they do have the continued revenue and continued profit margin.... It will eventually be noticed. I waited almost 2 and a 1/2 years for eBay to come around.
I express concern on their Twitter site about over Expanding. If their recent acquisitions are profitable, That ultimately That will reflect in the share price. For me it's just A risk with losing money.
Lol, I have to laugh because it’s always the case with SFIO after the good news is released. I personally have not seen something like this on otc or the other markets, where a company releases good news, and people start trading it down wards. Astonishing.
https://www.globenewswire.com/news-release/2022/06/29/2471376/0/en/Starfleet-Innotech-Signs-LOI-to-Acquire-PPM-Toys.html?fbclid=IwAR2g9o5syt1Rqom89y2HX0YGv5QV59V8k-mmMLZMzIBhCg659pwHjPb7wrQ
https://ppmtoys-com-mx.translate.goog/?_x_tr_sch=http&_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc&fbclid=IwAR2EbtcbUhHvWqIh4vEmQJgqOY7elhKFkf0E1NjrTBtYlRp-WxMGUTbuUZ0
$SFIO
Good news turns into an ongoing dumping. What else is new with SFIO?
Very few winners in pinky land . Once in awhile you might find one or two for a quick flip.
No new Money coming into this. It's the same sources throwing Good Money in to try and rescue/churn the lost money. Doesn't seem like a good formula for Success. Moved onto Winners! But still love checking in here....
The restrictions on how much can be sold within a time frame will remain. It’s only the inability to sell the shares that changes. Shares sold will be restricted in amount that can be sold for anybody that gets shares from preferred shares in the future through acquisitions or purchases directly from the company or those currently with restricted shares that will be moving to the preferred shares and off the OS share count.
The problem starts when all the restrictions come off and those people/companies start selling - The SP is going to go down like a cold beer in the summertime - very quickly
I think we are thinking too much into future. These preferred shares will be used for acquisitions and onboard new officers. It doesn't mean that it will happen in 12 months. As of now, 300M common shares will be converted to 30M preferred shares. There are companies with millions of preferred shares which can be converted to billions of shares, it doesn't mean that all of them will be used. It just gives more flexibility for the company to bring long term partners onboard.
Archie Bunker would be saying…”whoopty doo! whoopty doo!”
From June 10th to June 28 = 18 Days and still above a penny. Looks like it might be heading to 2 cents, JMO.
SFIO
Starfleet Innotech Inc (PK)
0.0166
0.0006 (3.75%)
$SFIO
I do truly wish I could agree with you about the number of shares but To me it looks like it clearly States that 310 M preferred B shares will be created. I would love to be wrong. I would like more clarification but they stated at the beginning of that paragraph.
“With this approval from NVSOS, these new authorizations will allow us to pursue more strategic acquisitions, as well as onboard new officers and key partners,”
That sounds like some or all of these shares will be created and held in order to be given to NEW (more) "key partners". Some of these might go to existing officers and partners, BUT they state these are coming from existing key partners and officers common shares.
Heres the thing!!! The 2 highest officers have a 100 million shares and Jethes has a 185 million common shares. Even if they converted all of theirs that would be 25 million shares short. I doubt seriously The 2 main officers will be asked to give up any of their measley shares. And I doubt Jethes will give up a significant portion of his common shares...... So who does that leave?
Key Partners!!!
If correct, That means Hatati or Bounce will be giving up some or a fair portion of their common shares. If most of these are being created to help with new partners et cetera That means they won't be going(at least not all) to "Existing players".
This may be a way of getting Hatadi more out of the picture And possibly some deal from the beginning To reduce his total ownership.
Even if Hatati and Bounce get some of the preferred shares, not only with the moratorium, But the fact that S FIO has 1st refusal on getting them back and and what they say is other restrictions...... That means Hatati is agreed to keep some skin in the game for a longer period of time. ( Hopefully with less total is total ownership)
One of these options is better than the other but I see both of them as has actually better than the option of toxic lending or massive common share dilusion.
As I said before, Other classes of preferred shares are usually held to maintain control and hedge against buy or takeovers and are rarely converted. Usually, only in the case of a complete company buy out. If they are convertible to 3B, That would require raising the AS And given that they just reduced it, It doesn't make sense that there planning on the opposite extreme anytime soon.
Anybody else want to ask him for clarification, Please be my guest... Always good to have more than one Investor responding.
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