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Still above a penny. $SFIO Read more.
Well, maybe the person(s) who had the shares that were not restricted is/are done selling - at least for awhile
I have quadrupled my position from
two years ago.
The cone heads in the boiler rooms
Will run this!
"Over the Counter markets shouldn't carry or be compared to the Valuations of Major Indices"
That statement makes no sense. If you don't think "valuations" have any purpose, what do you base your "opinion" on? If there is no standard for comparison...then anybodies "valuation" is just whatever they arbitrarily say it is.
"I" think a company with $25M in revenue and millions in net worth(even if take away intangibles) is worth a MC of $20B.but tomorrow, since its Tuesday, its only worth $16,5437.72.
OTC marketplace seems to have no problem with it.
"The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. OTC Markets Group PE ratio as of June 17, 2022 is 23.25"
That a cross mixture of mostly QX and QB.
BTW, that would put SFIO at close to 15 cents per share. AND, in normal markets, OTC pinks trade at higher PE & PS.
I will say it AGAIN, and put it in the form of a question.
"Where are the rules that says ANY NEW company has to reinvent the wheel to be successful?".
I don't proclaim to understand the science behind the "freezing" system nor just how hard it is to do. But if I helps keep product viable for longer than the standard day Dunkin etc have...THAT IS a substantial new ability their competitors don't seem to have developed.
The argument that its too hard to survive in the big bad world of competitive industries is kind of absurd. Look here at companies like Dutch Bros or Bigby coffee. Can you imagine if they said "You know, Dunkin and Starbucks are so big and so prominate..whats the point of trying our little operations?"
Nobody would start any new company!!!
As far as investors looking to exit? Of course some will exit, ESPECIALLY IN CURRENT MARKET CONDITIONS. SFIOs price and "selloff" is no more or less unique than the other 99% of the OTC. Have their prices collapsed for some reason OTHER THAN....more sellers than buyers.
Ultimately, it doesn't matter how many shares Satan himself has and may be dupping...as long as no new shares are created(have not to any degree since merger)...Value comes down to those pesky valuations like PE, PS etc......AND PATIENCE.
I was told to dump Ebay for almost two years as it dumped....many wished they had waited!!!
Big thumbs up. HaHaHaHaHa .0151 and will continue to climb? 13% That's not sub penny.
$SFIO It's real
Reviewing the year is kind of important. Especially when faux promoters have been cheerleading this to 1/10th the Price of a year ago. "Milk Toast" Companies in Shell situations in Over the Counter markets shouldn't carry or be compared to the Valuations of Major Indices. The business model/structure still has a lot to work out. No Brand, No Intellectual Property, No Patents, No real major market. Hurdles ahead are: Straighten out the suspect Financials, How do you enter Markets with huge Barriers? What do you do with a Share Structure that now has Millions that are looking to exit? I get it there is a stubbornness to take a loss, However that is not a reason to invest any funds into "Milk Toast" Market Cap should be sub $5million for fair risk/reward, with the hurdles that exist here....
Wow, response to post from over a year ago..didn't know that was possible.
ILsten, I believe the statement about being overvalued is blatantly wrong and unsupportable. By any accepted market matrix. I have asked for your basis for that statement MULTIPLE TIMES, and you have chosen to remain silent. It is my opinion Noone will take that "statement" seriously withoutsome context or acceptable financial calculation.
Adresing statements about viability or "organic growth"...that's simple. Its there, they have history, expansion and revenues. Companies don't have to reinvent the wheel In order to be successful. There are thousands of companies that have built upon previous models or successful operations. Many companies have grown both both vertically and horizontally without Is hurting the core business. Amazon Apple Microsoft starting essentially out of basements Or garages with crude ideas or products. Ever seen the 1st Apple computer? Anybody back then told you they'd be this big now..... They would have to give them oxygen from laughing so hard.
If going to kiosk type operations are beneficial and profitable then more power to them. Look at that company like Krispy kreme that essentially has noBrick and mortar stores to speak of for retail.... But are a billion dollar company by just Filling up 2 or 3 rack displays in convenience stores. The fact that they got this far with this many conglomerates Is impressive just on the surface if nothing else.
Grade school educated people have built billion dollar empires, And most of these were not geniuses.... Just had a work ethic and drive to make it happen.... Something this management seems to have shown in the past.
So if you have some proof that everything they have or built or done is all fake and there really are no revenues or operations..... Post your evidence here..... Otherwise it's all just unsupported "opinion". Either one waits and sees and has faith.... Or one cuts the cord and moves to another stock.
BTW, Ultimately it doesn't matter who owns how many shares and who is selling and who is buying. It is my position, to which I have posted Articles and professional financial analysts opinions as to the correct valuations for most companies,... That based on prevailing standards of PE and PS ratios in comparison to the current market cap of unrestricted shares,.. The S FIO is not only undervalued but ridiculously Heavily discounted.
Until the overalll market Mends itself This price won't likely move until audited and another quarter or 2..... Who is dumping is immaterial. Anybody can list Professional valuations or opinions That equate to this company being oovervalued.... I'm still waiting!!!! Doubt I'll get a response.
P.s.s. chaos, Time is up from your projection on the 10th.... You still not under a penny
Through all of the warnings, I too have had observations... being open minded to actually take in what Truts are being doled out. "Milk Toast" is a term used to reference bland and cheap. No one said this wasn't a shell used to buy local mom and pops. Who wouldn't want SFIO to buy their company and overpay for it, on the backs of its shareholders. However there is no detailed discussion on organic growth or strategy to enter new markets and beat down the barriers to entry, that are real and gigantic barriers . a couple counter donut displays added does not make for a growth plan. (did anyone notice the discussion was about locations and not revenues). This goes down to sub $.005 and if you already left a dollar on the table to pocket a dime. Then be ready to watch that dime go to $.02. Nevermind! that this is a drop of 1/50 that promoters here had pushed on everyone using FOMO. 1/10 has already been realized and there is no apology from the ones that touted this to be a $100Million market cap.
Finding the next OTC to Nasdaq stock is never easy. But be sure of one thing. Almost always they are behind the scenes working diligent at building a foundation and the market pricing for these are almost always low key with little volume. chipping away at small pieces is best way to accumulate these gems. SFIO too big of a Social Media presence to be anything more than suspicious.
Many of us bought large positions years ago
at trip zero.
Several paid toxic promoters who are dumping free trading shares of SFIO on a daily basis.
Seems we have some real professionals on the board the last 2 weeks
I got fooled once with this ticker, never again!
SFIO These Stock promoters repeat the same exact garbage propaganda for months and months. Go scroll back to January, last October or even around August its the same BS postings.
They argue with anyone who has a concern and try to belittle them as much as possible.
Luckily for me I know this game and I can exploit them while I laugh.
JMO
SFIO: If the toxic sellers are washed out, I will buy 1M at the market.
Good chance the toxic sellers will be dumping near zero.
If the company is smart, R/S is the way to go.
JMO
Looks like the breather is over. Now down to more realistic Market Cap Valuation and Price Points. Taking a few "Milk Toast" Companies and buying them with Shell Company Share selling schemes does not make a Conglomerate... HAHAHAHAHAHAAHA! Why not add the New Zeanland Joes local Septic tank cleaning company to this mess and then tell everyone how you are going to Change America when you can bring them an Idea to freeze turds..... Same application here. Just a ton of Lipstick on Social Media that's painting up this pig. Not to mention the highly questionable financials that likely have incorrectly allocated revenues and Intangible assets. WOW!!!
Excellent point! And why don't you ask Ernst and Young how much. A minimum of $200,000 would be the number. Considering the fact this company has a lawyer who is the Penny Stock King and an accountant who is the penny stock King, what do you think the chances are that they hire Ernst & Young. Answer 00
Really 1000s of SFIO shareholders losing in other investments like 401K so they prioritize dumping SFIO???
btw SFIO does not have many shareholders.Go ask the company. & Btw the dumper will continue to hammer SFIO today.
Honestly, better the seller dumps it under 1 cent.
Jmo
Well, I'm glad to see SOME fairness. Good job!! I'm not sure where you're getting this idea that someone from the US has to run all over the world to do these audits. If you watch that documentary about the "China hustle", One of the things they point out is that some of these TRULY Fake companies we're having their audits done by what essentially was an In country franchise of one of the US big 4 accounting firms. Because some of them didn't do their job very well, A couple of firms basically had egg on their face.
While this was a problem, We can assume they cleaned up these operations, but as far as I know these "franchises" Are legitimate and carry all the proper Accreditation that their US Counterparts hold.
Ernest and young actually has a New Zealand operation... You can look it up yourself. So unless they changed some laws or something after the outcome of the China Hustle, I see no reason why those divisions can't do all are part of the audit
But on another note, I'm beginning to see the point of all those that say S FIO price is crashing only because of excessive insider Restricted dumping( Even though there is no proof). I mean you just have to look at These fairly popular and well followed OTC stocks to see just how great they're doing.
Hey, Wait... Did I load those upside down??
Yes more SFIO dumping tomorrow.
Call er up, we need one.
So would my mom she was a hell of a chaperone back in the day
Definitely not the PPS, yet. You would make a damn good mod, though.
$SFIO
Welcome to hell, Dik!
And good Luck to ya.
$SFIO $SFIO
Balls junk smarty pants. This is probably the worst IHUB board I’ve ever seen, I just started watching the board recently. I’m probably gonna buy in and make some money.
Sure. I knew you would flip from one to all.
Small, micro, nano, it doesn't matter in the OTC world. You're saying your Philosophy is meaningless to you? Since you state that you only invest in Micro and not Nano, Why the incredible interest in this Nano-Stock? Just asking.
Just a reminder, $SFIO is a Nano and will move to Micro in the future and no I don't have Proof yet.
$SFIO $SFIO $SFIO
SFIO Makes no difference especially when toxic holders are dumping an endless amount of stock on the company. Company itself requires to be audited so that is a separate issue and has nothing to do with MC.
Small, micro, nano, it doesn't matter in the OTC world.
Clean shell or a former dirty shell with "bad actors" I can break this down for you if needed.
JMO
Major stock positions in the dumpster. When your stock is getting killed, call a plumber
There is no excessive amount of stock being sold regularly, LOL. Trading 2 or 3 mil shares is not dumping. I do know with the economy and a chance of a recession that people will panic sell just to be able to feed themselves and but expensive gas. Do not tell me that this screwed up economy doesn't have anything to do with the actions of all stocks, bonds, housing, living, you name it. The economy has everything to do with the $.
$SFIO $SFIO $SFIO
Find a $SFIO here: https://epiphanycafe.co.nz/contact/
$SFIO $SFIO $SFIO
Link to $SFIO The Bridge Episode 5, Here you can ask all of the questions that you can think of!!!!!
https://fb.watch/dHg8HbafDk/
https://www.facebook.com/watch?v=764889551589023
$SFIO $SFIO $SFIO
Starfleet Innotech - SFIO More Progress few hours ago.
PROGRESS
Our efforts in expanding Epiphany Café in Malaysia are progressing well.
Key milestones achieved:
1. Completed the Market Research & Financial Forecast
2. Reserved 4-sites for flagship stores [2x Airport, 2x top malls]
3. Malaysian partners training in NZ (Aug)
$SFIO $SFIO $SFIO $SFIO
Starfleet Innotech - SFIO
Thought this might be helpful: https://drive.google.com/file/d/1Fbp7-LD0zNf2k4wCQz-wCNIuSUVm0qy1/view?fbclid=IwAR1L7zvk4Us1qYliolE5uL9DPahclsJlBskuozkO_AQnScQJm4cUC5RIrmQ
You should find money here. And as soon as I find another batch of profit info ridden DD, I'll be sure to share it with you.
$SFIO $SFIO $SFIO $SFIO $SFIO $SFIO $SFIO $SFIO $SFIO $SFIO $SFI
Good possibility, but I don't know that. I'll have to do more research before I post anything about this company. I only post facts. It's the best policy, I'm sure.
No, I believe this company has no money and they don't have 200,000-300,000 for the audit.
Last statement in Post#88133. The audit will be extremely expensive and there are not many US auditors who would be willing to audit this company based on the overseas operations.
So, what I gather with this statement is that you do think there is a possibility of a U.S.A auditor that would love to travel Down Under for a time of their life in such a beautiful Place? Great post to show probability of that happening.
$SFIO $SFIO $SFIO
LOL, It might happen some day, but not anytime soon. Probably .LOL
$SFIO $SFIO
Probably? That's it, probably? Probably doesn't hold water. Another unproven statement. So, probably $SFIO will regain some momentum when the economy and markets boost a bit. Probably will be later on in this probably year. Probably is not concrete.
$SFIO $SFIO
All companies have expenses, and if $SFIO wants an auditor, I'm sure they will get one. Any auditor would love a couple weeks' vacation in New Zealand. Beautiful place.
$SFIO $SFIO
That's going on with thousands of stocks at present. LOL It's called trading.
$SFIO $SFIO
You are very welcome, and I should say it was easy to contact $SFIO and their response time was, maybe one or two minutes. I can see what kind of response you received from post #88115 and Post#88116. It's very clear of what these two posters intentions are. $SFIO proof is all over this page, especially at the INTRO at the top of the chat section for anyone to clearly see.
$SFIO $SFIO
Where are the buyers? 90% of the trades are at the bid.
Short or holding tons of free trading stock?
The 492K, 600k, 375k, 240k, 80k, 50K all on the ask. This is what you call buyers?
Sellers will probably be dragged down to 0.0001
Jmo
Prove that it was the offering? You don't know, do you? Guessing and opinions are not proof of anything. This is a real company and the proof is already visible LOL
$SFIO $SFIO
LOL is right. You haven't proven that $SFIO is a scam as you continue to state under false and misleading post of the unknown. There is one thing for sure, a company with cash and no debt=a real company. LOL
$SFIO $SFIO
Thanks Humbert.
$SFIO $SFIO
Actually in fairness, an auditor has the ability and the right to say restate the financials according to this and we will write the opinion (remove the intangible asset). So that is not the reason why you can't get auditor.
It goes much deeper than that. There are probably revenue recognition issues, etc. Therefore, the entire financial statements would probably have to be redone. For example, if you don't own X percent of the subsidiary, you cannot recognize the revenues under your income statement.
Their challenge is years ago, auditors could audit a company's financial statements without visiting the business. They will lose their PCAOB affiliation if they do that. They would have to visit Lou's Donuts and visit the cafés. The audit will be extremely expensive and there are not many US auditors who would be willing to audit this company based on the overseas operations
Would somebody with Money they don't need for years and years and light years please lay out $7k and help that 500k move on to something less gimicky!! This is still a sub $10million market cap and likely $2 to $5 million. See you all at sub $.005
BTW the $8.5 million of Intangible asset on the Balance sheet, may be one reason no legit Auditor would touch this with a 100' pole.
Seems like only yesterday when this was 10X here and was a beautiful Windfalll for some of those wise enough to jump off and take good $$$
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