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Very clear with SFIO way to many shares being dumped on a daily basis.
Nothing else to compare.
I can give you many symbols that have the same share structure without the heavy selling that can allow the stock to trade normal.
Been trading OTC markets for quite a long time. Game never ends. I actually personally know the biggest custodian in the OTC who and hid team are large sellers of 100s of OTC trading stocks.
Jmo
Oh my word please stop it people... its just math ...take the ESTIMATED annual gross income and divide by authorized shares
25000000 / 1,424,399,704 =0.01755125329 boom its magic....there ya go there's an absolutely fantastic and realistic pps
Chaos can go on and on about selling because there is A LOT of shares being sold..WHICH MEANS A LOT OF SHARES ARE BEING BOUGHT
Until these people do a reverse split THEY WILL NEVER UPLIST to anything but the OTC. These offerings they announced last month of this preferred that increased the AS was not received well.
Financials should arrive in the next weeks ( if we are lucky ) and provided they are decent we might see some traction. I don't think we go backwards from there
AGAIN, Show me where S FIO situation is unique to the OTC market right now? Other than the few faithful that Try to day trade or swing trade hoping for the few percent will add it up..... Nothing has changed in the OTC since it's crash after the covid binge. I'm not sure why this is such a hard concept for you to understand.
Millions are traded every day, I get it, How is this different from every other stock out there. Maybe you would rather see billions traded every day from those that have 10, 20, 50 Billion shares outstanding?
Reducing the AS Does not mean a whole lot other than a show of confidence that they're not intending on easily dumping a great percentage of diluted shares. And if they follow through with their conversion there's going to be even less OS That will reduce the market cap even more.
Until the larger retail investor base and even small scale institutional investors see the OTC as being undervalued, Most of these stocks are going nowhere except for the Cult followed catalyst jumping junk. And MY experience has been when the profitable, expanding, truly undervalued (Determined by standard industry ratios and not what, Kbaz thinks it should be) companies get noticed. ...they are the ones that jump quickly.
I don't know if you still hold shares or not but the majority of us that are left, Understand the risks and issues like slow audited financials.... But that's where you truly do well in the OTC..... Patience not instant payday!!
I keep asking for a better stock stock in the OTC that has better stats and you fail to list anything. Even without audited, I'm sure they have to comply by local and country requirements for reporting at least to some minimal level (taxes if nothing else). If they are lying about half of their revenue or profit margin...... This is STILL undervalued Is by all comparative measures.
Email management or make a comment on their Twitter site about wanting to see audited financials. Most of us Have Acceptef that risk. Maybe Dunkin donuts is more your taste.
Reducing AS does not mean anything whatsoever.
This is quite simple
Approx 500M free trading shares are being unloaded into the market.
SFIO trades near 2M shares with absolutely no price follow through. Why, millions are offered on a daily basis. This is what Kbaz is talking about.
This is what you should chat about.
Company has yet to demonstrate those financials claims are valid.
I have never been wrong of my observation this is based on my experience.
JMO
I still love the Fake News Post. Ha ha ha. It was not news, it was free DD from A great company.
$SFIO STILL THE best Little Big company on the OTC.
We are busy, continue posting the good stuff and we will get back with you.
You're describing the exact same situation with probably 90% of the otc stocks. It's a hard sell to set up an A-1 and dilute When all stock prices are off anywhere from 75 to 90% from their highs. You still haven't convinced anybody that somehow SFIO is special in this case. I get these "all seeing eye" Pop up reports many times A-day Showing yet another company that is either heavily diluting or raising their AS which is a sign of dilution coming. SFIO actually reduced their AS.
So what makes you think that their current financials are nothing but lies? One of the 1st things I did was to look up on Dunn n Brad street to see if I can find out on some of their conglomerates. They are reputable accounting firm firm but often way behind in the collected information they have. Either way I was able to find Is in there record base, Revenues for their coffee, Cafe, Bakeries And even the eletrical contractor. If you look at their acquisition of big loose donuts you can find all sorts of information about about their revenues and growth over the last 15 years .
So to say that there's no evidence that they arent making good revenues and profits... is just blatally wrong. Yes an audit would be helpful. But I would be a lot more concerned about Heavy dilution and toxic financing which we have no evidence for this company. When you find that, Please feel free to post it. Other than that, Maybe you should try another coffee shop besides Starbucks.
I'm busy, I'll get back with you.
Share selling scheme? Yeah that's pretty much how the stock market works. You have shares that I want so I buy yours, If the price goes up enough and I want to make a profit I sell my shares to the next guy and so on and so on. If you're implying that they're selling shares that don't currently exist in the OS.... Well that statement is blatantly and absolutely false. If you have proof that they have sold some shares outside of the legal limits and terms of the available shares.... Then by all means post your evidence here.
I'm sorry if you have not been able to make money in the OTC, Like many of us here.... It does take a lot of experience and acknowledge of how things work. If you stay with it for a few years maybe you'll pick up some of the ways in which people profit.
Some monitor daily price spikes and try to pick off Some gain from a catalyst that caused the company price to spike.
Other look for fluctuations from bad news and get in on overselling and dips. Personally, after making bank on the covid binge, I tend to look for companies that are undervalued like this one. Ones that have solidly increasing revenues and actual net profit.
Hey, at least you got lucky with an old failed stock choice like Smokefree, and were able to take advantage of the random Chance this reverse merger afforded you.
SFIO is a company claiming assets and revenes from outside of the US with nothing to back it up those claims. They failed to conduct an audit. They closed a year ago on a R/M and yet continue to remain alternative reporting.
MAJOR RED FLAG
SFIO is claiming $25M and still can’t announce they hired an auditor.
Next. Company share structure is damaging the value of the company this why SFIO is on the verge of breaking 1 cent.
There is approximately 500M shares (again not counting restricted shares) being poured out into the SFIO trading market. This is the main reason why SFIO won’t go anywhere let alone 2 cents.
MAJOR RED FLAG
JMO
That's not what I'm asking. Lots and lots of companies are having trouble getting equity financing. Many are turning to toxic debt and heavy dilution..... Nothing this management has done yet significantly. They said in their last webcast that they will proceed with profits from operations if they cannot get A decent price from stock offerings.
Even the fish George sharp is talking about raising 5 million and equity financing for his latest merger. And this is the guy that has pointed out over a dozen well known well traded OTC stocks that he says are are skams and utilizing toxic debt.
I have asked repeatedly for you to give me an OTC pink stock that narrowly has revenues above 20 million but also has a net positive profit and all the other factors that S FIO has that most don't. If you're investing in other stocks I assume you have something that has better financials than this one since you seem to think it's not going to make it.
So what you got for us that's better, right now!! If you're not investing in anything else then why focus on this one?
If so many have so much of the available stock... Just means to me that when it does get noticed and it's ready to run it's gonna be the equivalent of a short squeeze.... Even though shorting won't be Is reason.
Text book Share selling Scheme.
The only selling making money at this point were free shares or bargain shares that are going after those who cannot let accept they have been fooled by the fluff.
If a long can sell out of this at this point, take the money and run before this goes through the Reverse Split. No Auditor and they hired a New Zealand Soft Landing company (likely gave them shares to sell remaining captivated retail.) Hired a Specialist at Equity Structure and money raising, likely the same way.
Some will never look at the mortar of the Structure. BTW how do all of the longs here on this board continue to profess that they have made money everywhere in the OTC? Serious? HAHAHAHAHAAHAHAHAHA! An individual retail cannot considerably even sell shares out of this company at this point! "Achtung Baby"
It is estimated that approximately 500 million shares (not including restricted shares) are being held by those who are weighing down SFIO's stock price.
I can pull up examples. There was a famous OTC company called Bebida that had $3M in EBITDA and signed up Walmart, Costco, and many big box stores.
The stock was trading at .001 with about 2B shares being unloaded by a previous custodian.
Consequently, the company had difficulty raising capital to expand and ultimately shut down.
Jmo
Current Market Cap should be well below $10Million.
Milk toast
Current Market Cap should be well below $10Million.
Milk toast
Current Market Cap should be well below $10Million.
Milk toast
Current Market Cap should be well below $10Million.
Milk toast
Current Market Cap should be well below $10Million.
Milk toast
Current Market Cap should be well below $10Million.
Milk toast
Current Market Cap should be well below $10Million.
Milk toast
Current Market Cap should be well below $10Million.
Milk toast
Current Market Cap should be well below $10Million.
Milk toast
Current Market Cap should be well below $10Million.
Milk toast
So sorry, the keyboard just keep repeating this over and over again..cant seem to erase anything...I'll look into it and try and fix things so It doesn't keep repeating what I'm typing over and over.
You got the better company for me yer?
If you've been trading that long then you of all people should have countless examples of companies just like this that's struggled for months even years before they just took off out of nowhere. I've given eBay as one...2 years to move...why so impatient?
If you do so much trading and have been doing it for so long, why Can't give me just one other company in the OTC pink category that has better financials or stats?.... At least as far as their quarteries are showing. Just one that's all I'm asking. Just because you may not believe in this particular company, Doesn't mean 90 plus percent of the rest of OT arent struggling with exact same things. The overall OTC has not come off the bottom yet. There's always a few outliers that pop off of a ridiculous catalyst or 2. But as a whole the market is still trying to find the bottom.
We've been asking some of the other posters on site here for a long time.... Deposit an OTC pink with better revenue's, profit margins, years in business, multiple conglomerates.....
Yet no one's been able to post one yet. It will probably take another quarter tor 2 an audited financials And a cafe or 2 in the US wouldn't hurt.
Not a short term or day trader play.
Some of us are waiting for to go below a penny. I'm hoping eventually to get average down to 1.25. Why are you still worrying about the short term. If they have the revenue and the profit margin they say they do they do then this has no option option but to eventually get noticed and go up. If they don't, Those of us that are gambling on them will just be out a little bit more retirement money. There are no toxic shares, There's no dumping, There's just people naturally buying and selling for various reasons.
Trust me, If I and probably about 20 others decide to get out...... You will definitely see what dumping looks like. It's gonna be 7 or 8 figure share count at a time.
So basically, No need to sit at Starbucks anymore, Time to sample some other soda shops.
954K shares unloaded on SFIO
Where was the 100 share print at 3:59:59?
Jmo
SFIO stock price does the talking not the fake news.
Failed gas up
JMO
Great Post, and well thought out, Can it be proven to be Fake News. No. Because it is not news, it's good company info. Prove it to be fake. Opinions carry no beef.
Git-er-Done $SFIO
BTW again, Great intellectually thought-out informative Post. Keep them coming. Great attention for $SFIO.
And another point to ponder is that is not News, it's called Great $SFIO Due Diligence free from $SFIO the best Little Big company so far on the OTC. Haha
Git-er-Done $SFIO
Market has nothing to do with nor does it do anything to manipulate the OTC Pinky. Great post, though. Well thought out.
Git-er-Done $SFIO
Market is up 200pt, and SFIO continues to be dumped.
Interesting site for newcomers>>>https://www.starfleetinnotech.com/?fbclid=IwAR1edvKsX64Q3MWO5HW21H6APPcGKcQpvB_nt9YKla8HKbDV05e_BgGPBnM
Git-er-Done $SFIO
When there is an endless supply of shares being unloaded the company stories are irrelevant more so SFIO claims are based in remote countries.
Price fluctuation are suppy and demand driven. We all know this especially when it comes to the OTC which I been trading for over two decades.
What makes it worse for SFIO is they continue to remain “alternative reporting”
As promised by management “next week” since January.
Over a million shares between .0167 - .02 and once buyers grab those shares you will see the sellers replenish the same amount. SFIO not going anywhere, eventually under 1 cent.
JMO
Took a nibble.
Interesting fins, let's see where it goes.
$SFIO
Another Great post. Definitely well thought out, but makes no factual sense. Care to explain?
BTW, did I mention GREAT POST? Keep them coming because $SFIO loves the attention and the free advertisement.
Git-er-Done $SFIO The greatest little big company on the OTC
Milk Toast over valued. How many times do they sell more shares on the agitation strike. Everyone should've bailed at above $.10. But a few left hangers on cannot seem to leave the table. Don't worry the house loves these guys. Current Market Cap should be well below $10Million. I would expect when the agitated spender stops buying then long overdue R/S will be announced. The latest chicken chase runnup likely to pay salary of the R/S equity advisor just hired on.
This is beneficial to old and new.>>https://www.starfleetinnotech.com/?fbclid=IwAR1edvKsX64Q3MWO5HW21H6APPcGKcQpvB_nt9YKla8HKbDV05e_BgGPBnM
Git-er-Done $SFIO
Isn't it funny that even the market makers aren't gonna Let this drop too low. So Mr. Chaos, With your years of investment experience, What does this factor signal For the future of the stock price? I'll give you a hint, It has to do with stored up CHEAP share inventory...... Looking to create "retail" pricing profit.
Are you Ever going to give us An OTC pink stock with better financials and stats? Surely you think there's something out there that's better.... I'd like to know what it is..... Got some investment dollars ready.
I personally won't stop responding to the Non-Factual and negative posts when I'm sure and know that $SFIO is a real and growing company. New investors need that positive security when searching for new stock interests. And if I have a financial interest in anything that is worth the time and effort, I'll be damned if I will not share the positive and negatives to support my interests.
Git-er-Done $SFIO
Did you get all of that that info from Lv2? Just curious. BTW, Great Post.
So, you are saying and predicting that $SFIO won't go below a penny tomorrow?
Git-er-Done $SFIO
I would say that's a good thing....IF All the long and social media groups that supposedly follow this stock.... Would post here Every day, to get the attention of more investors and Stock media tracking sites. But I gave up on that hope a long time ago
1.7M SFIO share bombing while 100 shares buys the ask at the close. Hahaha
Tomorrow will see SFIO around $0.012
JMO
Not sure, but this could be the case - these 'goofs' get paid when people respond to their posts
This is all the proof why $SFIO will Prevail. https://www.starfleetinnotech.com/?fbclid=IwAR1edvKsX64Q3MWO5HW21H6APPcGKcQpvB_nt9YKla8HKbDV05e_BgGPBnM
Haha, no I don't think you know what's going on. You asked an honest question, and I gave you an honest answer. And as far as Lv2 is concerned, I have at my disposal more Lv2's and they are free with my several brokerage accounts. BTW, another great Post, keep them coming, $SFIO loves the attention of the free advertising provided from each post. Great Post.
Git-er-Done $SFIO
See, There is still a few of us that will keep this from going too low. Although I have to admit, I wouldn't mind if it would dip below a penny for a little bit. If I could average down to lower than 1.5..... Woo doggie...... Imagine when this hits 10 or 20 or 30 cents. Funny that way back when a few months ago,, Never thought about adding another digit to my share account total.
There's been no game changing announcement recently. And please, Are you trying to tell us that no other OTC stocks have wild fluctuations depending on the day, Expected catalyst, General market down turns et cetera. If so. you must have a very limited Number of OTC stocks you're following. While there may be 1 or 2 runners every day or every other day..... In general the OTC market has not come anywhere close to recovering from its lows..... Might still have a ways down to go yet. Maybe the problem is you're just not buying enough!!!
By the way, Which is it, Going below a penny in a week or never going above 2 again...... Haven't we all learned not to make predictions?
Are you still at Starbucks?
Haha you think I don’t know what is going on. Btw I have Lv2 and times and sales so more than clear SFIO is overwhelmed by larger sellers. If that wasn’t the case, SFIO would be trading over 20 cents by now.
The markets fault? NO I can show similar OTC pink that don’t have 500M shares being dumped while at the same time company publishes positive news.
JMO
Great post, definition of Bombardment: A continuous attack and flow of Criticisms. Has nothing to do with shares of a company. 294,700 shares traded today is in no way a toxic bombardment. 294,700 is chump change for the average investor. Would you care to explain the bombardment of shares, please??
BTW, Great post and please keep them coming. Great advertisement for this Wonderful growing and prosperous $SFIO Company.
Git-er-Done $SFIO
Bombardment of toxic shares continue for SFIO. This probably will never see 2 cents again.
JMO
Misiu404, I owned a shop next to a DD. We had to change the time of our 15 minute coffee brake from 10:00 to 11:00 as the line for coffee was out the door. Usually 15 people deep. This was Monday thru Friday. The problem was compounded on Saturday. This was a constant all year round. Plus, we had several convenience stores near by with coffee as well. Americans (and others) are addicted to the nectar of the gods!
Do you spend time like me at Starbucks, for the same reason.
As far as the other posters post about "coffee shops"....I have responded more than once to Kbazs concerns about a recessions effect on "Cafes".......if we had to live off $10 for the next week.....my wife would spend most of it on a "Grande" mocha crapachino..or something ( really do hate coffee)
Most here have been saying all along that OTC is their " risk" portion. I have been very successful in OTC but it has taken YEARS, to figure out " how it works". The Covid binge was a once in a decade perfect storm. Had 8, 2-10 baggers in a year...but that was an exception to most years, if one takes a value approach
I have talked about OTC historically ad nosium but most only want to listen and go off short term experience ONLY.
Now, is almost EXACTLY like Dot com crash of the early 2000s. After THAT binge...same thing happened...almost 2 years of little to no growth. I decide to look at undervalued exclusively and invested mostly in only 3 or 4 of the growth stocks that, Viable business platforms,, Had revenue, close to or already profitable, and showed YoY growth. It took around 2 years, bought the dips 3 or 4 times, but they did pay off...my best one,, a little online auction site called Ebay. Around a 5 bagger(which at the time was unheard of) but it TOOK TIME!!!
The 08 great recession had its own unique company options where profit could be extracted from Market collapse...but one has to be able to adapt and learn the best options.
If SFIO Oor OTC is to risky, then by all means, everyone should invest in that which theyre comfortable....but don't paint a broad brush to SFIO or OTC as devoid of opportunities if one is not willing to learn or adapt to the greater fluctuations or company setbacks.
What a joke. HahHahaha
First word of advice … Only gamble what you can afford to lose in the OTC . Not too many make it , sometimes you hit one for a quick flip but long term you will usually lose here. I miss the Smokefree days when the dtc gave me a 10 year reminder of why I shouldn’t invest in these stocks! Good luck and keep drinking that coffee!
Lol…i just came back from California and throughout that whole state, i see people lined up in all kinds of coffee shops.
Drive Thru’s same story…i come home to the Midwest, same story. I guess we are not seeing the big picture about how bad it is selling coffee, a very BAD commodity to sell.
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