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I can see the RS coming!!! Can't wait to hear the excuses!
No! They are running out of money and they need to pump so they can sell more shares!
Exactly! The next move will scare everybody out of their shares. This is manipulation at its finest!
How rediculous!
Not the DOD again!
I'm still green!
100% accurate! This is like an atm!
I'm nit talking about the few companies infringing, there are major companies with patents that don't infringe on SFOR
They have in fact! Do some digging.
It's simple actually, other companies have better products to solve these issues. Remember SFOR has been trying to do this for fourteen years! They, simply have been passed up.
I've been hearing trips for over a year now! When are we going to get the promised PPS?
The problem is, all the catalyst is already figured into the current PPS. Revenue beyond what the spend rate is, is the only thing that will drive the price up.
It is relevant when MYEC is being called a scam.
Oops 2015!
You are proving our point. He said the same thing about 2016 in 2915. In fact he's been saying it for 8 years!
What good does it do shareholders to have enough money in place to get through another year. Does this mean you have to wait another year for revenue? The price will continue to drop through the summer, Then the RS will happen, then first of 2018 settlement announcement(maybe) then pump and dump all over again! History repeats itself! Check it out for yourself!
So you think Apple has a monopoly on brains! Get real, Ed had an idea before its time. Apple had no interest in the banking industry at the time Ed came up with this idea.
How long is the foreseeable future? I'm guessing it's about up! We heard the same thing before the last 3 splits!
Who cares about an international patent! Nobody wants the product! They can't sell it here, what makes people think they will want it anywhere else!
Slow bleed...........
Quiet day!
So bankruptcy it will be! Either way shareholders get screwed!
After that 8k I wouldn't even try flipping it. To easy to get caught holding.
Any outsider buying preferred shares with voting rights is going to RS this so fast you won't know what happened! Kay will be off the hook for his promise not to RS!
I really don't care if you believe me or not. But you can't deny that: leadership is changing, sales suck, the share structure is horrible. Why amend article 2 section 6a? Kay wants out, no insider wants to buy his preferred shares. So the only option is to sell to and outsider.
When they start amending the bylaws affecting preferred shares, they are getting ready to screw the common share holders.
I can not prove my statement. But it will be validated soon.
Kay is on his way out. He's divesting his stake in the company. Selling to a person that is going to RS the common stock and merge with another company that he owns. Beware!
The last time I saw this scenario played out, they drove the stock price down with the announcement of an RS. They did the RS then merged with another company they set up and screwed the common share holders. Don't say you weren't warned.
BTW non of the common share holders have any say in the conditions of any sell or merger. But you can bet that mark and buddies are tailoring any deals for their benefit.
The 8k filed is bad news for common share holders. They are protecting the original investors (themselves/friends) holding preferred shares that aren't affected by any RS. I do think they may be getting ready to sell or merge. However it will not benefit the common share holder. They will do an RS prior to any merger or sell out. No company wants 2.3 billion shares.
Obviously they can't! Read the fins!
True, but it would weed out the scams!
You better believe it!
Personally I think there should be a limit to how many times you can RS without any significant growth in product development or revenue!
If I were Kay I would dilute every single share. It's legal robbery, so why not! It's no deferent than pumping a stock while you are selling it. It's not just the CEO stealing money!
It won't crash until people that bought above .02 loose hope and give up. Sad thing is they will probably get caught in the next RS.
Pretty sure he said he didn't own it.
You will have a chance to average down later! Keep some dry powder!
I will say it again, nobody wants the product! Renewals are non-existent! Look at the numbers.
Maybe they will air that day in court on "jerry springer"