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What was said in 10q as in product news. Lot info in that 10q thanks for posting one I read earlier wasn't the full.
Today will be a low volume day since people haven't seen the 10Q. Can you have it put on the banner? Maybe give a chance for people to realize and make their own decisions on what to do. I am thinking of picking up another 100k shares today since like you believe some good news is on the horizon.
Yeah I got a chance to re read it and feel same way. Hopefully Monday they do come out with the news since a lot is still pending and thinking for a company with this potential needs their shares back well over .20 to survive. I think this stock has a good chance over the next 6 months to turn things around only if they are fully legit. I have additional funds on the sidelines waiting to see what unfolds for SAFC. I thought about averaging down more but close to .019 now for me. MFTH has become a shark fest full of shorts.
10Q reported over nite take a look not much what wasn't already said.
MFTH seems being pinched by shorts. That stock could have some issues going forward since that report had nothing on DIV. Glad I own SAFC and hopefully news changes for us soon.
LOL I used business since to come to my theory. I have money sitting on sidelines have been thinking of buying 200k more shares but really want to know more truth about SAFC. I just read the past 120 days of both companies and to me saw the picture painted where SAFC picked up another device and then let go the person who was over seeing the whole MFTH exchange. I think we will see a distance but where does Jacob and Joel now come in at SAFC? Where are their ties to both companies? That's my real question. I hope we get soon clarity soon.
Yep agree my question I ask myself can it go lower yes. But if they come out with news upside could be huge. I never tell anyone to buy since no one knows your financial situation except you. 10000 isn't going to break the bank but 500000 isn't a small change to 99% of people out there. Could I lose 5 grand and still eat and sleep yes. Done it before but not everyone can afford to. Go SAFC
Hard to say man. Depends on your money situation. Everyone is different I am looking at adding maybe 200k more shares but haven't pulled the trigger.
Today's seems neutral on MFTH part but the second device seems to have nothing to do with MFTH. To me now see some light since on that filing they moved to a different device since MFTH ran out of cash flow. To me they need to make some money and basically passed on the MFTH stuff since they have nothing to support. Also those SAFC shares probably under some agreement they had to be able to meet deadlines but haven't been able to receive the shares reason why nothing about DIV. MFTH screwed up which brought SAFC down this is my theory but hopefully SAFC reports this soon.
Reason I bought SAFC over MFTH since they have two things going and this seems to be a flop since no financial backing. The second part of SAFC has a medical device which now being focused on. Good luck to everyone I would sell on MFTH but holding SAFC now. Read SAFC info on past 60 days to see where I am coming from.
Post that on MFTH CEO1. If investors still want in on it this might be option since that filing basically said they have no financial backing to produce it.
Did you see the 10q on MFTH. Talk about tire blowout there. Now I see why SAFC if you read the report from over a month ago picking up a whole different technology made since. In reality thinking they knew MFTH could be a wash and the knew they would take a hit so they went a different direction until they could fund that technology for sale. I believe we have taken the hit and now hopefully the news we need is they have pulled away from MFTH now. Just my 2 cents.
Many more shares went at end plus 10000 available at current price. The shorts will be fighting over that 10000 lol. Go SAFC
Yep he could be in more trouble and so as other shorts below .007 come to start the day tomorrow. Shorting at low levels can bite you big time and as we know many shares were shorted below .01 after the pump. I have a feeling even shorts above .01 could cover next couple of days to make few bucks or in fear of news. Longs won today and have been for couple of days. Go SAFC
LOL NITE shorting at .007 just slipped himself further into the fire. If someone buys before close jumps him and news tomorrow he will jump off a roof.
Little over an hour away shorts are at their computer hoping to bring this stock down. Lol I hope someone long steals their ask. Go SAFC
I got some extra funds I got sitting in my account might pickup a few more since I said never would. Lol Go SAFC
Yeah I agree question how long has safecode been trading and what is the highest price ever on OTC? Seems data varies. We could see green for sure if news come out as where we sit today. I don't short penny stocks because risk is to high for one day jump. Got a friend shorted two grand on penny next day news hit cost him fifteen grand in losses was nuts. Go SAFC
Ok in theory if tomorrow MFTH is told to get SAFC stock restricted shares on div date the price of MFTH would jump but no benefit since regarding date is past. SAFC on other hand would jump and since over past 6 months has taken the most beating have the biggest upside potential since this suppose to be a .70 stock sometime this year that they have stated. How do you feel about that theory?
I know a short is sweating bid size 100,000 at .007. LOL the ask volume is 40000 at current price.
If it holds today watch out tomorrow the calls will be stupid. Another jump in the morning ten bucks last 10 mins trading today will be a tug of war. If someone wants to kill the shorts buy over .012 at the end lol. The stock would go crazy in the morning without news. If I was a short in this stock I would wonder if I could pay double from what I started from in the past week where the risk of losing money long was low. As long as the company isn't selling which at these prices wouldn't make since then shorts are in trouble when they have to buy at premium prices without news. Go SAFC
It's called shorts are going to have to cover and all the pumper buyers have sold out which resulted in a run that needs news which would break this stock wide open. In this situation its definetely safer to be long than short for sure. If I was shorting I would stop and sit on the sidelines fearing what could happen. Like I said before NITE could jump off a roof if news popped. Go SAFC
Yep manipulating stock because if he has to cover shorts he is in trouble it could snow ball. If news came out what better time to do it when you know lots of short position pulled.
To bad we can't convince people to ask double for ask since he would have to pay and would start a run without news. Lol He is shorting always good to see someone like that who has manipulated this stocks to get screwed. Would be funny tomorrow news come out everything good and SAFC are being bought for .15 cents a share. Lol he would jump off a roof.
I would since the date is over sell MFTH and buy SAFC. At least you own the stock that you suppose to get who knows if MFTH is forced to buy those shares on OTC market. Highly unlikely but my play of you own MFTH and plan on keeping it is dumping this and picking up SAFC. I am in SAFC have no interest in MFTH since div date is long gone.
Staying optimistic since its been MFTH with the bad. If SAFC gets pumped I am out just hope they come in with news. Truely with all the shorts was thinking we would be around .002 now. But NITE could be playing opposite since he can make money of those shorts. Hopefully we get news tomorrow.
Buy into which company?
Well the Asks are going up over .008. It's a roll of the dice honestly but if SAFC comes clean with distance from MFTH we should see a nice pop. That's if we are a real company with a real product. Only time will tell decided to stay but if we get pumped without real news I am out.
Has sunshine called in yet?
Both will go to zero before its over. They better post real news if they want a company they can still sell to dilute. Lol
OMG someone is betting the farm on the shorts. Wow either someone knows something or they have faith this is going lower. For me either way short or long I couldnt make a decision since yes believe its going lower but to much risk of this one jumping in one day over 100% with some news.
Shorts are strong with this one. I would own SAFC if you think these companies are real. Just my 2 cents.
It's either going to .0001 or .70. One being a fraud the other being real. My guess its a fake but waiting for a pump or some BS news so I can sell in the teens. I would be excited as a kid in a candy store if they fixed this dividend mess and disputed ties with MFTH.
Someone is buying at .007 maybe knows something since either they are going to look like a hero or zero here soon. Still quite a bit of shares offered at .007 but don't care until real news hits if it ever does.
Nope. But you probably have the same chance as if you bought it on the right day.
Jacob and Joel probably did. I hope you did honestly hope everyone gets their money at least back but no news.
No chatter no news nothing. Will decide this week if worth staying buying more and then wait for a jump or just cut my losses. I was hoping today they would come out with something.
Will see what Monday brings us. Feel like next week is either make or break since if its a real company unlike MFTH then something will come out. Regardless if we have a rise I will probably sell some positions just to minimize risk.
This is like saying I am buying a lottery ticket based on last winning numbers selected and saying I have a great chance since proven winning numbers. The facts are black and white and the way SAFC is going the dividend wouldn't be worth anything anyway especially restricted shares. Face the fact is we all got pulled along thinking we owned something but in reality we might be own on a company that has a computer and three pencils at the end of the day. SAFC could not be involved in this mess who knows but things don't add up.
If I was to choose I would definetely go SAFC over MFTH. Seems more upside chance than downside. If I owned MFTH regardless paid or not in dividend I would want to be in SAFC going forward since owning MFTH has already reached recorded date. Who knows.