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Its not the product people are worried about it's the COMPANY. Get past the product. I the company goes under they can sell the patent to someone else or open a company with a new name bud.
I'm trying to find a positive spin on this that is logical. No ones really coming up with anything to support this being positive except that "this stock is going to continue to run on Tuesday," "we're going up," yet there was a lock put on it. I know people want to believe everything is ok but part of investing smart is not to get emotions in it. You need cold hard facts. The facts are 1) the CEO, company officials and company are being charged. 2) a lock was put on buying and selling from brokers for whatever reason 3) lots of people have a lot of money in this stock and need to make the best investment decisions and figure out what is going on. Dismissing people who are trying to find all the answers is very immature and not a good strategy. If everyone tried to dig and find more info this whole forum would be more productive. You all dismissed CJs info and its that same info that is now the controversy of this stock. One has to be able to see all sides of the situation. I'd love to get back in if I could justify it. I could buy more shares now than I had cashed out with but I'm not going to till I have cold hard facts that prove this will all work out. All we have positive is that this company has a good product. The government can freeze the sells of the product and all assets of the company depending on how big this all is.
They can't say cause it's not them deciding it.
It's very possible that that's why they put the lock on it... But having the company mentioned in the charges is the frustrating part. It could be nothing or there could be more than we know about. They can still fine the company on top of fining the management. the last thing the company needs is a fine. If they fine the company then it may cause another nose dive... Ugh wish I wasn't at work today. So much to look into.
What info have you found? I'm very interested in you research. You're so awesome! I want to know what you find please keep me informed! Tell everyone what you have researched and found! We're all waiting for your wisdom bro.
I'm at work will have to get that when I get back home tonight. Stayed up pretty late last night... I cant remember
Look up companies that have been frozen before because of this and let us know what you find happened to them. That would be helpful. I'll be doing some more digging tonight.
Funny I was here before the bad news came out. Interesting
What have you done?
No it didn't I cashed out at .031 and it hasnt made it back there bud. You lost money bud.
Due some DD and provide some useful info to the board. you're not helping anyone man.
Just telling you what I've found the other companies changes management hands as well. But they were all charged fines along with the individuals which drove the stock down again and they haven't recovered to date. Again I've only looked at 3 so could just be the ones I looked at. I'm sure there are other outcomes but I'm working right now and can't do anymore research.
I've looked at a few stocks that have had this happen to them. It looks like the stock nose dived on release of the news then tried to go up but was shutdown just like this one. After released the stocks fell a bit then held steady until judgements were made a couple months later in which the people and the companies were fined... Which led to the stock nose diving again. None of them got back to where they were before this happened... I'm still researching this trying to find out more but thats what happened in the 3 I've looked at. Doesn't mean that will happen here but FYI.
Yep it is. But I'm not in to watch people lose their money and get jacked because of some CEO. Those who have seen me know where I've been and I've been in this sector for a long time bro. This company needs to start reporting like a big company in order to show investors they are a serious company. To have their competitor jump ahead of them tells me they are hiding things. Regardless this is a bad situation and I'd never want anyone to lose their money like this. So I hope the best for all of you but yes I do believe the competitor will rise and pass this this month. Nows not a time for war we all need to figure out what's happening and make the smartest investment decisions we can. Some people have their savings tied up in this mess.
El jefe can I ask what you think will come of sfio?
Matty they all got frozen... I know everyone wants to believe this will be ok but this is pretty serious stuff happening. It's crazy but hopefully everyone won't lose all their money... It could recover and be fine or they could completely shut this down. I know you're long bro I'd keep an eye on this next week though.
Yes but you're looking at it wrong I don't care about the company. Those are future RFMK investors over there with all their money frozen... We need their money ove here.... :)
Yeah they stopped all buys and sells... Man people should really listen... I hope the best for them but its not looking good...
Should be within 2weeks
I sold my small position I had left in Sfio. I won buy back in till everything settles and we know for sure where it's going. Too risky for me to jump back in. I want them to release financials like RFMK is going to. Definitely going to be watching it but I don't regret my decision at all. What happened there was crazy but I'm not so sure it's over yet. With the company name being in the charges anything could happen to both the companies assets and the stock... Absolutely nuts.
Can't wait!! Here we go!!!
I think its a wait and see what happens. Too many things that could happen and one of those things is the freezing of all the stocks and assets of the company. I know it didn't happen yet but it's still possible.
Hey, didn't I say the run would begin again at the beginning of July?? Lol! Tomorrow is July peeps!!!! :)
Welcome bud! :) we're in for a fabulous run!!
Cause I thought it was Friday!!
Funny thing is I never posted on the sfi@ board till last night and they all started insulting me. Its kinda funny really cause i said id see them at .001 and they said that was "laughable!" So you can only imagine what i was doing when I read the news. I sold my small position this morning before it all hit and am happy I did! More money to put in here!! GO RFMK!!!!
Welcome. Good choice bud.
And last night you all were really mean to me! ;( hurt my feelings.
Look I know you want to believe this will go back but it won't until the investigation is complete. Sorry guys but that's the truth. No real investors will be buying and if people aren't buying then they are selling and if they are selling it goes down. It's a bad loss but take what you can and consider it a learning experience. :/
Have a good 4th everyone!!! The fireworks won't be over after July! Still many more to be let off right her!! :p
Welcome bud... Sorry for ur loss but you should be able to make it up here in the next few weeks.
Yes we are which shows they are not afraid to show the shareholders their financials. Awesome news for us!!
Yes we will!!! Been feeling it all along but now I'm sure of it!!! Get your running shoes on boys!!!
Lesson learned if a lion comes out of the forest roaring then next time maybe you should listen and run rather than taunt him and be eaten.... Just a thought for the day... Lol
You know I did as well!
Come to RFMK ! It's a real company not afraid to report it's earnings cause they have nothing to hide!
Yep this is going to be awesome! Couldn't have come at a better time!!
Laughable huh?? Hmmmmm......
Really??? Lol!!! Bwahahahhahaha