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Q2 fins can still be audited at a later date with an amended return. This could be done at anytime.
Filipinos arent wealthy people was a point it flew over your head like a lear
From the Q2 fins.
On the 24th of November 2021, the Company has signed a Joint Venture agreement with RIZHLE Construction and Development Corporation, based in the Philippines. The business of the Joint Venture shall be to exclusively execute and manage the construction of all the real estate projects of the Company within the Montemaria Estate in the province of Batangas, Philippines, including but not limited to the five- tower hotel development of ‘The Lombard by the Bay’ (ongoing) and the eight-tower condotel development as part of the Omnicor project, both within the Montemaria Estate.
If you look up Montemarie site you will see it is a pilgrimage site. To have 13 towers there in 2 projects on that area is huge. Go to google earth to see what’s there. In the Philippines presellling begins before construction. Preselling is scheduled to stare next month. They already have a group that wants to buy an entire floor.
Their are more Moraya projects in the fins too.
Real estate projects are in the Country of the Philippines! So where is the $100M SFIO revenue management is promoting?
In my humble opinion of course:)
two words-NOT Filipinos
Real estate market in the Philippines including nearby countries are extremely bearish. This article was published back in June.
Who will be buying these SFIO real estate units? When Inventory are excessively high.
https://www.bworldonline.com/special-features/2022/06/29/458154/a-good-start-for-philippine-real-estate-this-year/
In my humble opinion of course:)
I don't believe we see any price increase near term on this one. This is a LONG term play at best, you're gonna have to see A LOT of things happen to ever get this uplisted from this OTC basement ( ie a reverse of 12/13 to 1 ..has to trade over a dollar 30 days to pass litmus test, need auditor announced and not H&R Block, open a few Epiphany cafes in the US ) you see these things start to happen THEN buy your shares...they rest of that have the disposable just to throw at it will take it from here and you can invest in the crypto
Buy-in subject to conditional outcomes by SFIO. Company announced Q2 lets see how it performs today. If SFIO cannot get over 3 cents and hold then it’s obvious SFIO will continue to trend lower.
Rare sports collectibles is my thing. I invested into a series A round of a sports NFT collectible company targeting a $1B in earnings next year. $100B by 2027-28.
In my humble opinion of course:)
Would that be called a flip-flop ? Just curious! I collect NFTs, baseball cards and hand made turkey calls...NFTs are new I just started last year and most of those I turn pretty quickly unless a very low creation number.
Certain members are going to find fault if Jesus(choose your diety) himself flew down from heaven and put his stamp of approval on it!!
"But Jesus they lied, they PROMISED( Even though they didnt) we would have audited by now. Their making up all that revenue...wait, whats your interest here...you KNOW something we dont..thats inside info..you could go to jail for that!!"
Source?
We would have to take a closer look.
Why would SFIO be is real estate especially in the Philippines right now?? “Philippines Real estate Market. Demand is projected to reach 9,610 units for the whole year. While only 560 units were recorded for the same quarter, which is down 86% year-on-year (YOY), supply is expected to pick up by 20% with the delivery of 10,500 units by the end of 2022.Jun 29, 2022. Not only Philippines but the entire Asia region is under a major economic recession.”
In my humble opinion of course:)
A large portion of that projection was based on anticipated earnings from that large real estate development project. I’m not sure where that project currently stands or which quarter there are anticipating cash flows from that project.
I think a majority of that 100m rev was based on sales from their real estate division Moraya. (Someone correct me if I’m wrong) but I dont think sales were ever expected to be seen until Q3…but who knows. Hopefully we hear more news on that soon.
Progress: SFIO announces a quailfied reputable auditor this week. I will take their Q2 at face value for sure.
If SFIO trades over 4 cents my buy-in is 5M shares. And will be biggest cheerleader here.
In my humble opinion of course:)
How can any listed company publicly announce “our financial projections for year end 2022 will be $100M” and don’t even come close. Year will be done soon.
In my humble opinion of course:)
So what's the verdict..?..we going up or down? Will investors see progress and promise and be inclined to continue promoting & investing or are there too many unanswered questions?
Tomorrow will tell!
They say it’s underway, so take it as you will -
Audit sits on top of our priority list...pre-assessment of the subsidiaries in different countries has commenced.
— SFIO - Starfleet Innotech, Inc. (@StarfleetInno) August 14, 2022
You are correct, my bad. That’s a lot of people within the organization then.
Hope it gets audited soon and all signs point to that being the direction they’re aiming for. It would definitely get the attention of more risk averse investors.
Aside from a global economic collapse or being the most elaborate rugpull in history. I don’t see this dropping below a penny. Lol. But who truly knows..wwIII could be any day now :p
We won’t see anything audited this year for sure. Think more important if the stock continues to get hammered and rolls back to a single penny.
In my humble opinion of course:)
No dilution is awesome I’m still very happy with the direction they’re going. OTC gem. Still very optimistic with regards to their future. Hope more eyes will kick in fomo.
Shareholder of record does not equal shareholders.. I’m assuming that’s what you mean.
Result of the reverse merger. No affiliation with SFIO aside from owning shares.
I do have a question on the share holders?
Bounce Mobile Systems, is that the same as Hatadi Supaat? And why do they have so many shares? When you go on their website they say that they are an asset management and consultancy company. They do show SFIO on their website.
The report also disclosed some other interesting information. Was glad to see that the float still remains the same from last year meaning there hasn’t been any dilution. Also, surprised to see that there were less than 300 shareholders. If the company does market itself in the right way and the ticker gains enough public interest this can move quick regardless of the fundamentals, which still look good imo.
You said it, if we can get more eyes on SFIO.
I feel as though optimism in SFIO has subsided.
The daily volume is just not there. I would have assumed that last Friday, you would at least have some kind of rally in anticipation of Q2.
SFIO still looking good. I continue to be happy with the moves they’re making. Hope this social media push will bring more eyes.
Maybe it is $14million and maybe $21 million Dollars and they haven't converted the Profits to or from the Philippines peso to dollars or the New Zealand Dollar, or the Canadian Dollar, or the Australian Dollar, or the UAE Dirham, or the U.S.A Dollar. Since they (SFIO) are located in all of these Countries? That's a night mare for any Auditing firm or individual Auditor, Ya reckon?
Git-er-Done $SFIO
In My Humble Opinion Of (Curse)
If SFIO took on too much of everything and inflation keeps going through the roof around the world, you might be right.
Having said that, I do believe in the miracle about “the little engine that could.”
Lol… you’re angry that the financials are not audited for Q2, guess we have to wait for Q3?
As much as I hate to say this, without audited financials, poor SFIO will remain in penny land.
Reckon Wonder what this will be Tomorrow, This May make me Or Break $SFIO. Very curious at most.
SFIO - Starfleet Innotech, Inc.
@SFIO_Inc
We're so excited to be invited for an interview with
@alphastockgod
on the 15th of AUG??Our team is so grateful for the opportunity... Stay tuned for updates!
Git-er-Done $SFIO
In My Humble Opinion Of (Curse)
If you consider PPM toy molding business a worthless Mexico company merging with an unaudited holding company from New Zealand and Philippines also the same.
In my humble opinion of course:)
SFIO $7M UNAUDITED CLAIMS!!!
“We will make $100M”
In my humble opinion of course:)
I think you WAY overvalued this toy company...not even a decent address..website info is slim. As they implied ..only worth licensing ability
Here, about as good a source as any....those poor misunderstood MM
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.imanet.org/-/media/4c6c7650a0024853a1c61963d7865649.a&ved=2ahUKEwiq6cvTl8f5AhUJpIkEHaGpD2QQFnoECBkQAQ&usg=AOvVaw2urE_-qZrOaPpVwQ28oXpr
Some things have changed..but not enough!!!
I told you back when you were Trying to find something against a new president that I had held my Series 7 until until about 6 or 7 years ago. I'm not on the database anymore so they obviously purge after a while Which is exactly what I said might be the case with El presidente .
No one saying MM can't make profit...but when they can , their like the convenient store during a hurricane....borderline illegal.
Keep looking for the falling sky pieces
I think we should see Financials this week? Maybe today, since it is Monday Down Under.
Git-er-Done $SFIO
(In My Humble Opinion Of Course)
Great, BTW it is Monday 6:35 AM in Wellington. I figure $SFIO will be in office around 9:00 AM so if you contact them, will you share your phone conversation with this Ihub $SFIO Forum?
Git-er-Done $SFIO
(In My Humble Opinion Of Course)
The intention of PPM acquisition is brilliant if SFIO intents to create NFT collectibles or even in the Metaworld but this is a long way out.
How will SFIO support this? SFIO has not even conducted a standard audit. SFIO management says “coming soon, coming next week”
I already own 3 NFTs, all in sports with one being Joe Montana,
In my humble opinion of course:)
Chaostrader do you own any Nfts? Do trade any collectables? It's a decent roi selling a spot on a hard drive in a server and I think this was the avenue they (the company) wanted to pursue and not plastic molded toy/doll selections.
IN MY HUMBLE OPINION OF COURSE
Good morning big week coming up
Ok will call them in the Philippines to find out if they closed PPM and when will they announce the auditor.
In my humble opinion of course:)
Evidently you don't know the answer to that Group of Questions. Contact them, they will answer the questions requested by you. That's all I can do to help your concerns about the company $SFIO.
Git-er-Done $SFIO
In My Humble Opinion Of Course
Are you saying SFIO with holding critical shareholder information and to find out everyone needs to call their office?
Wow!
In my humble opinion of course:)
If you need that info, please contact the proper managerial personal @.
Link provided below, no person on this site is responsible for providing any kind of Company info. Links:
http://www.sfio.co.nz/
info@sfio.co.nz
OR THIS ONE: https://www.starfleetinnotech.com/?fbclid=IwAR1edvKsX64Q3MWO5HW21H6APPcGKcQpvB_nt9YKla8HKbDV05e_BgGPBnM
In My Humble Opinion Of Course
Git-er-Done SFIO IMHOOC
Response has nothing to do with the merger. I am not talking about the offering.
Show me the press release where it says PPM merger closed??
In my humble opinion of course :)
I wish there were some option contracts available because you could buy all the puts you could swallow
IN MY HUMBLE OPINION OF COURSE
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