Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This company reminds me of the gold shows on Cable TV (like Discovery's Gold Rush) except on a much smaller scale and that Discovery isn't providing them any money. Their smaller equipment still costs a lot to run - it seems it is money they don't have. Without funding, how long do these guys have before they strike it big? They might not strike anything for a while. The video of them cleaning out the sleuths box could have been a set up. Not saying it was or was not. They could have thrown in some gold or fake gold to make it like they dug up some gold. I would say they are in an expensive game...why would this shoot to the moon without any big find (they don't have money and are burning through what they get quickly). I'm in the midst of doing DD here before buying, but if I can be proven wrong that this isn't a solid play, please let me know. I sure as heck am glad I didn't plunk down the dough when everyone was trying to pump it. I had a very good feeling that this would close around 15 yesterday and it did...L2 is not always a guarantee folks!
Looks like some walls building on the ask...might be going lower instead of higher.
Thanks for your correspondence!
We haven't seen the dilution machine much this week...with the bid bloated up, there's a good chance the machine kicks in within the next 24 hours.
Just taking a quick peek here like I do about once per month...why has only 500 shares traded so far today? Thanks anyone!
Right on UMD!
I'm sure some of them freaked and sold.
Gonna run at .0025 and .0027 wasn't she? No! Can buy a lot cheaper now!
Sorry, on paper it doesn't seem like it has much value past .002.
10-4...no prob - I can do that!
Dolla...thanks. What is the reason for the $26.00 52 week high to these lows? Why are the conversions about over...did they get better funding or did revenue go up a lot? Thanks again!
I'm new here and have been watching today's action before getting in/doing some DD. I see this company has racked up a lot of debt in the past. There didn't seem to be news out to prop today's spike. Anyone that can give me some insight (good or bad) please let me know. Thank you!
The product has also had updates since the reviews in 2007 and 2008.
I took another look...per SEC Filing: The effective date of the reverse stock split will be on or after March 10, 2014.
Yes, look it up with the SEC Filings - 1500/1. Effective on or about March 10.
Actually, I don't think it is all that great because it would have been nice to see the boys from SFOR there instead of Trusteer.
Trusteer (an IBM Company) has been sitting in on data breach conferences with retailers and government. Saw this on C-SPAN. Trusteer has the money to get the attention of the big players and are often invited to help with solutions when major data breaches occur.
Yes, the R/S is very bad for many common shareholders. Sounds like Mark and the boys are talking more and more about selling off product or the entire company (but not giving it away). With that said, that tells me they want to move on. Also, what is not giving it away? There is soooooo much unknown about SFOR - no PR's are ever going to tell us what is going on. On top of that, the mm's love messing with SFOR shares. Also, wondering if the millions of orders they say that are in the works will be so cheap that it hardly rings the cash register? Good luck everyone!
Will you be excited to see the fourth quarter results?
Prediction: We will see a PR in the very near future that a deal has closed. Within 24 hours of that PR, the fourth quarter results will be reported. Anyone want to guess what the total revenue will be for the fourth quarter?
Million...by now, you have probably heard about the R/S?
I sold the rest of my .0001's today and am completely out of SFOR. .0001 is no longer attractive to me because the odds of SFOR going lower after the R/S is high...I'll wait and see if it will be worth it or not then. Good luck!
Why would anyone buy at .0002 when they can wait and get diluted shares at .0001?
On or around March 10th I believe I read in the filing.
Yep, they are not affected and have control unlike common shareholders.
A common question amongst shareholders on this board - once the R/S has been in affect, what direction will the share price go from there? Many have said, lower. Your thoughts Belinda? Thanks!
Hope it skyrockets!
Did you talk to Mark Kay? Anything happening there recently at the SFOR headquarters? Thanks!
Numbers (if they are factual) do not lie. I think you are reading the "numbers" in line to what they truly are. Hence the reason for the share price being where it is at.
I hate to sound like a broken record because it comes down to what has been beaten to death on this board..."If SFOR can keep its doors open long enough for (a real) and positive event for SFOR - the share price will go up." With that said, the share price is where it should be, and we will have to wait and see if anything happens positive for SFOR. Still high risk and lets see what SFOR does down the road. Other than that, not much else to say. The ball is in SFOR's management's court to see if they can make something happen and survive. Some people might be fine buying at .0001 and selling at .0002 or .0003 - others higher. There is no way to know what is going to happen...lets see. Like any investment, it is prudent to know the financials and other factors vs. risk tolerance.
Sure isn't...this has happened about 6-7 times now, but have never seen it stay at no bid this long. Usually the conversion(s) hit under .0001 and then back to .0001 almost instantly. Anyone that wants .0001 can get them easily now.
Major Yahoo breach that stole usernames and passwords should provide more exposure/create more need for SFOR products.
I hear ya...I sold 3/4 of what I had yesterday. Not going to jump back in (fully) until some solid event occurs - and that means that money has been deposited into the SFOR bank account. Catch you later on...thanks for chiming in!
Almost 1.5 billion shares traded yesterday. A lot of people got in on buying at .0001. With that said, SFOR took it down twice under .0001. Regardless of yesterday, business as usual and still waiting for something major to stoke the fire. You are probably right - mid year will tell a lot.
I think for several reasons...yesterday's high volume was noticed on the boards, some indicated L2 was looking good for SFOR (although SFOR hasn't done anything great today), etc.
Please clarify...is it that you don't think .0001's will happen today for some buyers or that you don't think it is wise to buy at .0001? Thanks!
As I have done in the past when the SFOR trading gets too crazy and not understood very well - I sell. That is what I did today. I sold 3/4 of the shares I held because I have NEVER seen this kind of action before. There are so many mixed signals that I am mostly on the sideline again until I can figure some things out. With all of that said, SFOR became too volatile for my risk tolerance...I'm 75% on the sidelines - maybe a R/S is in the cards soon, heck, I don't know. You are right Hip, if a R/S happens - it will likely go lower again. I rather wait and see if there is any kind of stabilization and then get back in even if I have to pay a little more. Good luck to all hanging in here!
Hip, you make it sound as if there will never be a dime to be made with SFOR - EVER! Lets say in a month (for example) there is a major announcement (not fluff)...buyers at .0001 can then sell at .0002 and higher. Maybe some people are looking to sell off of real news/real events for a profit and be gone. Maybe when real news/real events occur, the company will not be the same and we will never see .0001 and .0002 ever again. Yes, things aren't rosy for SFOR now, but there can be opportunities for people to make money here in the future as long as SFOR keeps it's doors open.
I notice SFOR is in the news with some of the MJ plays, but there is no real news stated besides promotional/on promotion sites. (that I can tell anyway).
Over 1 billion served! The ask didn't move from 4.7 million when it happened. MM's are all over this too!