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IRONIC that this "shellgame" settled a suit with Microsoft and has 3 more in court. 3 cases taken on contingency since they are so strong. 3 suits that the defendants could shred if this was a scam yet Microsoft wasn't able to do, using SFORs pilfered product for AZURE.
A "shellgame" that took on toxic debt in a last ditch effort to protect it proprietary software since everyone was stealing it and not paying for it. A software that was ahead of its time at inception and is now becoming a mainstream necessity.
A "shellgame" that, upon a settlement, took out the remaining toxic debt that is could while keeping some liquidity to prevent exposing itself to more toxic debt.
A "shellgame" that is now increasing revenue as the pilferers are now beginning to pay for what they were stealing.
Welcome to the board and you are right, there is BULLSHIT floating around!
Double Top?
This didn't pull back remotely close to support. It has churned 200k and 70 million shares consolidating a new base. This is the next leg of the buy in IMO.
Couple that with all of the information that has been A. verified with 10Q and B. is known to be coming.... to delay will only leave $$ on the table.
Repetitive Scrollings of SFOR make me feel WARM AND COMFY
It reminds me of the $$ growing in my accounts.... another tick, another 2k
False wall... gone now. Thin through .0057
NO CHANGE IN SS between last 10Qs would indicate otherwise
Explain your "Phase II dump"
Are you talking about when 100% flippers take their profits like they have before?
It happens... but every time this stock was halted at higher lows and every time it has roared back on to higher highs.
I LOVE IT!!
Factual information beating the tired alarmist to a pulp. People have missed out on enough gains due to alarmist that they are tired of it.
Buyer Beware of the HUGE tax liabilities from all of the $$$ you will make IMO.
If you would have bought in Feb like myself you would be looking @ 15X minimum.
If you traded the NATURAL ups and down of those taking profits like I did and bought back, you would be looking at the 50X.
If you would have bought Monday morning you would have been looking at a 40% gain.
Every single time since the toxic conversion this stock has weathered the raid and set higher lows. Twice now groups have fire sold and each time the bulls cut it short of the previous low.
It will keep cycling and shaking the flippers on its way to silver.
Correct! I just wasn't going to go into the whole explanation HAHA. above my referenced quote it clearly states the the debt is secured by assets.
"Under the terms of the secured debentures, we are restricted in our ability to issue additional securities as long as any portion of the principal or interest on the secured debentures remains outstanding. During 2016 or 2015, we did not obtain DART/Citco Global's written consent related to any of our financing agreements"
That means 'We cannot increase our share structure without DART'S permission. We didn't request consent from DART in 2015 or 2106' thereby stating no efforts were made to change the share structure. Remember the toxic financing notes originated prior to the DART agreement.
DART effectively blocks any share increase going forward without DART's approval because it adversely effects them as well.
Toxic being adjustable convertible debt, which is the true meaning of the word "toxic" in reference to stock.... YES!
There are still secured and unsecured convertibles at fixed rates but those aren't the loanshark debts that exploded the AS.
They will still need to be addressed for sure but they are in much safer hands.
If you see the OS, or the AS start to increase you will know someone is diluting. Kay says everyone is on board and has no intentions of converting. Furthermore they cannot increase the AS without the permission of DART, who owns 500k in secured, convertible debt.
I have yet to find an instance where Kay has lied or misled the stockholders so I believe him.
It has worked pretty well for me to date $$$
I LOVE seeing closing highs pushed to T-Trades. MMs are absolutely trying to slow this down.
And often times used by MMs to mitigate a run.....
"BUY ON RUMOR, SALE ON NEWS"?
Bad move if you did. Not your average penny!
Everyone on this board knows they are ramping up efforts to increase sales and that cost money. Is SFOR supposed to invent some magical method to make money without expenses?
Operating revenue is now above salary expenses. R&D and selling, general and administration expenses are ramping up as you would expect with a push to market.
Every single thing Kay has said through emails with investors has been proven correct to this point, minus the commercial release we are waiting for.
So SFOR
- Filed on time, much to the opposite of many alarmist on this board
- Has the same share structure post last toxic conversion, much to the opposite of many alarmist on this board
- Almost double 3 month profits from a year ago and a 35% increase in this quarter, much to opposite the alarmist on this board
- Hasn't released BS fluff PRs or released any exaggerated or misleading info to increase stock prices like MOST scam pennies
- NO RS, much to opposite the alarmist on this board
- Steadily cleaning up their debt load through repayment, negotiated forgiveness and reduction now that they are getting retribution for their pilfered intellectual property
No one here is claiming this is a big board stock and the share prices reflect it accordingly. We are saying this one has great potential and appears to be turning the corner from their precarious position just 8 months ago.
I still have not seen a reply as to why all of the SFOR page information on IHUB is missing.
MODs?
Why is all of the SFOR page information missing?
100% FALSE
Yeah just months of higher lows with no fluff PRs or paid pumpers. People doing their DD and putting the pieces together. My accounts are alive and growing.... just like SFOR.
As long as the settlement includes ongoing licensing fess then that is fine. MSFT got away with the status quo (as far as we can tell) regarding Azure, but these companies represent a huge swath of clients.
Settlement with licensing fees going forward or nail them to the wall.
And yet here I am setting on 4X the initial shares, multiple times my initial investment in powder and a couple of new toys at the casa.
All of that thanks to this "POS" and trusting my own DD... and most importantly not listening to the alarmist.
It gets walked to trips and I will just have to fill out that 13D. No worries
Fiscal health wise I would want revenues in the black and all debts covered before any semblance of a buyback occurred.
The absolute most important thing for SFOR is to establish a positive cash flow to prevent the risk of toxic financing being needed imo. That is what screwed up their share structure in the past trying to fund those lawsuits. Everyone was using the product without paying for it so the suits were necessary.
Now the attorneys are on contingency so we just need some healthy sales. It will take a few quarters but the cash reserves are there from MSFT settlement. If another suit settles all the better and plans get accelerated.
SFOR has 53% of the AS locked up to prevent a hostile takeover. People may not like the lower prices right now but honestly trading @ .01 vs .05 does nothing for short term health other than exposing to liquidity issues.
JMO
Yankee if your "in house" product is built off of uncompensated, patented technology your are still infringing. End of story.... no ifs, ands or buts.
Funny thing is, had all of then infringing companies actually bought or licensed the product like they were supposed to SFOR wouldn't have been in such fiscal peril the last 3 years.
As for overpaid, his salary is crap compared to even moderate salaried professionals in the North East. He'll we have 25 year old employees making 10k less them him in Texas.
I didn't see red at the close. I'll take a health modest climb on lots of churning for the next leg.
Go back and look at the share levels that took it down in April when the last toxic note was converted. It was well over 1 Billion shares traded.
Look at yesterday, approximately 150 million of which 1/2 could be attributed from panic as many have stated their regret. The previous 5 days there was well over 100 million in buys alone.
The writing is on the wall, coordinated misinformation and dump. Nothing magical or dilutive about it. Furthermore, the 5 days of gain preceding 8/3 were coupled with short volumes over 40%.
With 3 active lawsuits and the stated intention of selling the company, putting the 2.7 billion AS into the market would seem illogical... unless they are courting a hostile takeover.
Impossible as I am riding quadruple free shares at this point. Yesterday's trading was anything but normal and has been discussed ad nauseam.
Happy Trails... see you in Kraig or Good Gaming.
The trading looks pretty regular to me. How is this irregular?
Not sure how an orchestrated 100 million share dump plus a 75 million share short along with someone yelling 'FIRE' has anything to do with the normal trading and RSI indicators. That was garbage.
What do you do when you are short with no foreseeable pull back? How do you stop momentum?
Simple, you double down. Push the stock up gradually stimulating buying along the way. Bigger chucks at first and let the thinner, high levels carry you forward.
Then you short the stock and dump it. You clear profit going down as the first sellers and make money on the short. Cover your previous short at the bottom.
It will be interesting to see the OTC short report corresponding with today. If I am right, perhaps you will give SFOR a reprieve?
I will tell you it took FAR LESS shares to crash this thing today than previously and once the R/S rumor on this board was squished the price flew back up.
I agree! This is what I said when it started
tthutch Wednesday, 08/03/16 01:45:30 PM
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They can play the games, I am about to add some pretty cheap shares.
I never knock profit taking. It is the investors money. They can fold it up and make paper airplanes out of it if they wish. It is theirs to do with as they please.
I generally have no sympathy for panic sellers either. You should know what you have and what is happening.
This, today, was a combination of orchestrated dump and falsely proclaiming a R/S by ghOst and a few others. It was, by definition, illegal. I hate liars and thieves.
It took approx 1 billion shares to bring this down in April. That was people with 50-100 million shares bought in the trips (when I bought in). Those shares were provided by the last conversion of a 70k toxic note that wouldn't accept payoff.
This time it took about 175 million and we have had 5 days of steady gains on 30-50 million volume.
There was no dillution, just an orchestrated panic sell followed by people scrambling to get back in.
Still setting at a higher low. Horrible how some were tricked out of their shares.
Q around the quarter, ad campaign to ramp up, sales agreements to finalize and report?
That is nothing? People here are getting in earlier like smart traders do.
2.3 OS - False... apparently none of us own any shares
No revenues - As of last Q, true. I guess Target, Staples, Itunes, Playstore, Mcafee, and a host of other revenue sources aggressively pursued this quarter mean nothing. The money is supposed to retroactively appear in the previous Q? Utter nonsense!
$10mil debt - True but not adjustable conversion debt anymore (toxic) and they have a $9mil guarantee purchase by 2020 effectively knocking that to near nothing. Not including the aggressive sales efforts this Q or the lawsuits, taken on contingency I might add.
Similar companies are selling in the $500 to $750 million range - FACT
Kay has stated they want to build the company up for purchase - FACT
SFOR took on toxic financing to pay attorneys fees and beat Microsoft - FACT
SFOR has liquidity/cash reserves for another 7 months while ramping up revenues - FACT
What else?
I had just added powder yesterday for something else but had to double my money from the lemmings instead.
I feel bad for those who fell for that. On the other hand thanks for the new zero turn mower I was needing.
Newbies - TRUST THE DD
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A lot of people I haven't seen in here for months. Actually about the time it was taken down last time.
Just coordinated attacks.
I have already screenshotted everything.
You mean when a few bold texted "R/S" and then said oops my bad?
Some green traders learned an expensive lesson today.
It looked pretty well coordinated to me. Including some who haven't been here for months suddenly reappearing along with misinformation on a R/S.
SEC shouldn't be investigating SFOR.