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we are at bottom here IMO
now is load up time........I think the MM's have screwed themselves here...I expect a significant covering to begin here very soon............
lil, I will add 5M more at $0.0025......
Then I will hold until Arne executes his plan.........
What a surprise.......NITE covering at $0.003 and makeing a quick 20% on everything shorted at $0.0038 area the past couple of days.............
MM's have been loading up this week and last week. These big 4-5M share blocks are being absorbed well, and while retail investors are selling the chart, the shares are being scouped up by longs and MM's loading inventory.......when they get what they want, the whole thing turns quickly........
lil.....me.....nothing has changed here IMO.......some weak longs are getting out......it will rebound just fine IMO..............
not me gang....I am here, just been real busy with tax season.............I added a bunch more last week at $0.003....
Arne is not losing.....someone has been getting out the past couple of weeks......we are just going to have to wait it out....I am not selling any at least until $0.03.......
I will Kato, I have alot of reading to do. I will try to get through it tonite.......
Jim,
The short position here is huge now. The MM's are scrambling (AUTO being the main one). I think Arne should create a new class of common shares and create some kind of exchange. A reconciliation of shareholders of record needs to be done. Some kind of share buy back and retirment will also do it. A short aqueeze here will happen for sure. I now own a very big chunk of the float. I am also prepared to add more at these levels.
evening gang......seems like all pennies have been in the toilet the past couple of months. Everything I own is down right now.......Just keep refreshing my DD here, and all looks good a couple months out.............
Good evening gang.....sad to see some go, but we will rebound here the next few days, and we will be fine......
Arne is correct....the valuation here calls for at least $0.03 at this time. That is a 10 bagger from here.......I suspect that large players will begin to accumulate here again very soon........
Just riding the waves....
this post is funny, lol.....I know cj tried every day.........it realy doesnt matter.......if someone decides to buy because the close was painted (one way or another)....they are foolish and we dont want them here............
GREAT day IMO.....
volume starting to go mentak here now..........
gonzi.......starting to look good again brother.......we have begun our next wave.......for us longs, the pattern continues to strengthen........the base continues to rise, and the shareholder value Anre is building here is becoming clearer every day.............pushing to fair value.....I have some for sale at $0.05............
DAMN SON........................FANTASTIC!!!!!!!!!!!!!!!!!!
lil......Arne will use shares to complete parts of the acquisitions.......HE WILL lock the shares up and ensure that no dumping can take place. He told me this himself.......he knows how to play the game...............
Cheers to that Captain!!!!!!!!!!!!!
great day today.....I am invested in the CEO here......Arne is a good man with a great vision........I will gladly ride shotgun!!!!!!!!!!!!!!!
dude, why are you making things up? The company has not dumped anything.....the filings are clear...........
pupp.....THE INSIDERS ARE BUYING, NOT SELLING
CFO bought a bunch of shares last week
Corday is the one selling and he is NOT an insider. He is an investor from long ago that has no relationship at all with Jeff.
The details are below. No need to post lies!!!!!!!!!!!!!!!
http://www.sec.gov/cgi-bin/browse-edgar?company=secured+financial+&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany
interesting L2 here since teh sell off......NITE seems to be taking control.......lets see what they have in store for us................
mornin gang...........ready for another good day here...........bid depth looking good..........more baby steps into lime truck closing IMO
let them flip away gonzi.......they will buy in again soon enough................
lol.....thats funny
good day overall today gang.....there are very few shares for sale at these levels
our chart is starting to firm up again here, and Arne will let loose another great PR at the appropriate time
lol......what an idiotic comment..............
lil......the MMN news is the biggest news to date.....market has not reacted as it should have IMO.............it will catch up!!!!!!!!!!!!
enough posts about CJ............
I only have one comment. CJ posted a zillion repetitive posts in order to get the board in the most active on IHUB......It worked at the beginning, but then many put her on ignore and it no longer worked as they were not reading her posts.......NO DOUBT she soled a bunch if not all when we were over a penny......her tone changed and it was obvious......I for one could care less......I keep adding and waiting for Arne to deliver.....the real pay day has yet to arive here IMO.............
so nice being in a stock that is not diluting.............just normal trading and typical MM BS
fairly uneventful day.......
support is solid at the 50......should be a nice day tomorrow......I believe news on the lime truck deal will be out early next week............should be a little spark to get us going again.......I am very conmfortable bouncing on top of the 50 until our next leg up...............
I think the dump has mosre to do with the fact that guy hates Jeff and less to do with the actual company
WHAT A MESS......well, at least are volume is up.............
wow, that tune changed in a hurry..........
need to wait it out now.....obviously this guy wants out............
rob, this guy selling his shares 5M of them did not file a form 4 - ABSOLUTELY ILLEGAL.....so I am reporting to the SEC as we speak......if they care or not is another question......for now, we are screwed until he is done.......hopefully he sells em all today...............
completely retarded IMO.....On news like this, we should have tripled today......................
what I would give to be buying at $0.04.......
crazy, but someone got lucky this morning..................
at least that Light........low volume is scaring many away, but the story is unfolding beautifully..................
GM everyone.....looks like MM's will be playing the same games here gaain today.............27% spread betweem the bid and ask is not going to generate much volume.....................
huge PR from SFNL
projected 2008 EPS is $0.03..........PPS is at $0.04 right now
March 6, 2008 - 6:30 AM EST
Secured Financial Network Shareholder Update
FORT LAUDERDALE, Fla., March 6, 2008 (PRIME NEWSWIRE) -- Secured Financial Network, Inc. (OTCBB:SFNL) Jeffrey Schultz, Secured's President and CEO today released an update on the progress of the Company.
In September of 2007 we announced the build-out and launch of the RedFin Payment Gateway. The completed proprietary Payment Gateway will now perform PCI-CISP compliant level 1, 2, and 3 electronic payment processing for merchant clients by way of retail Point-Of-Sale terminals, virtual terminals, interactive voice response (IVR), e-commerce and mobile commerce (WAP) via wireless PDA's and phones operating on Java or Windows Mobile Wireless technology.
The RedFin Payment Gateway is now fully integrated with all of the major acquiring bank processors such as Vital, Chase Paymentech, all First Data groups, Concord and others. It also supports credit/debit, gift/loyalty, check verification and guarantee, as well as all merchant terminal platforms and is the premier gateway for Blue Bamboo wireless processing products. We anticipate integrating our bill payment, money transfer, and debit card loading features in the 2nd quarter.
I am happy to announce as of March 1, 2008 the RedFin Payment Gateway has completed beta testing and is now live, operating, and beginning to process transactions generating real revenues. We are very excited about the reaction from ISO's (Independent Sales Organizations), Value Added Resellers, and Merchants to our offering of services through our Payment Gateway.
We project gross revenues generated from the Payment Gateway to build each quarter with a run rate by year-end 2008 of $3 million processing over 5 million transactions per month.
Last month we announced our strategic partnership with Blue Bamboo (www.bluebamboo.com) and we will be exhibiting with them in mid-April at the ETA Show (Electronic Transaction Assoc.) as the premier Blue Bamboo partner in the USA. Secured's wholly owned subsidiary, Virtual Payment Solutions (VPS), has committed to market the Blue Bamboo PCI compliant H-50 and P-25 wireless payment terminals and accessories. These terminal products are fully integrated with our Payment Gateway. In addition we have concluded preferred pricing for data plans with AT&T and T-Mobile resellers.
Orders are already in for the first group of 100 terminals and we expect to receive commitments for 1500 H-50 wireless terminals by the end of June and anticipate 9600 terminals to be delivered by year end 2008 generating $4 million in revenue and recurring data plan revenue of $1.5 million.
We anticipate Secured's projected combined gross revenue for year-end 2008 to be $5.1 million generating a profit of $1.2 million.
In October we announced the signing of a Letter of Intent to purchase AmeriNet, a premier ACH processor and PayzNet, a worldwide payment alternative processor. While we anticipated completion of this acquisition by year-end 2007 AmeriNet/PayzNet has required additional time to complete its 2006 audit required to move to closing. It is anticipated that the audit will be completed shortly and we will move forward to close. When completed this acquisition would add approximate $2 million in gross revenues from its operations in 2008.
What this all means is that Secured Financial Network is finally positioned to operate the most complete payment processing platform available under one umbrella, incorporating a host of services and products offered by a very fragmented industry. Industry statistics point to double digit growth in payment processing over the next 5 years from electronic and debit transactions, the core business focus of the RedFin Network and Virtual Payment Solutions.
In the next several weeks Secured Financial Network will issue its 10-K and 1st quarter 10-Q. While these reports will show minimal revenues we are very confident about the Company's future and our ability to meet projected goals for 2008.
Secured Financial Network is now positioned to turn the corner generating revenues, moving towards profitability, and building solid shareholder value.
About Secured Financial Network
Secured Financial Network, Inc. is a Ft. Lauderdale, Florida-based Company that looks to create growth, add to profitability, and build shareholder value by engaging in a full-spectrum processing for e-commerce and traditional transactions through a PCI Certified Payment Gateway and proprietary 'bank-grade' electronic-vault based payment-processing system through its exclusive Envoii Deployment License Agreement.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Secured Financial Network, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
For further information visit our website: www.sfnl.net
CONTACT: Brass Bulls
Matt Lovito
1.866.342.2700
huge PR from SFNL
projected 2008 EPS is $0.03..........PPS is at $0.04 right now
March 6, 2008 - 6:30 AM EST
Secured Financial Network Shareholder Update
FORT LAUDERDALE, Fla., March 6, 2008 (PRIME NEWSWIRE) -- Secured Financial Network, Inc. (OTCBB:SFNL) Jeffrey Schultz, Secured's President and CEO today released an update on the progress of the Company.
In September of 2007 we announced the build-out and launch of the RedFin Payment Gateway. The completed proprietary Payment Gateway will now perform PCI-CISP compliant level 1, 2, and 3 electronic payment processing for merchant clients by way of retail Point-Of-Sale terminals, virtual terminals, interactive voice response (IVR), e-commerce and mobile commerce (WAP) via wireless PDA's and phones operating on Java or Windows Mobile Wireless technology.
The RedFin Payment Gateway is now fully integrated with all of the major acquiring bank processors such as Vital, Chase Paymentech, all First Data groups, Concord and others. It also supports credit/debit, gift/loyalty, check verification and guarantee, as well as all merchant terminal platforms and is the premier gateway for Blue Bamboo wireless processing products. We anticipate integrating our bill payment, money transfer, and debit card loading features in the 2nd quarter.
I am happy to announce as of March 1, 2008 the RedFin Payment Gateway has completed beta testing and is now live, operating, and beginning to process transactions generating real revenues. We are very excited about the reaction from ISO's (Independent Sales Organizations), Value Added Resellers, and Merchants to our offering of services through our Payment Gateway.
We project gross revenues generated from the Payment Gateway to build each quarter with a run rate by year-end 2008 of $3 million processing over 5 million transactions per month.
Last month we announced our strategic partnership with Blue Bamboo (www.bluebamboo.com) and we will be exhibiting with them in mid-April at the ETA Show (Electronic Transaction Assoc.) as the premier Blue Bamboo partner in the USA. Secured's wholly owned subsidiary, Virtual Payment Solutions (VPS), has committed to market the Blue Bamboo PCI compliant H-50 and P-25 wireless payment terminals and accessories. These terminal products are fully integrated with our Payment Gateway. In addition we have concluded preferred pricing for data plans with AT&T and T-Mobile resellers.
Orders are already in for the first group of 100 terminals and we expect to receive commitments for 1500 H-50 wireless terminals by the end of June and anticipate 9600 terminals to be delivered by year end 2008 generating $4 million in revenue and recurring data plan revenue of $1.5 million.
We anticipate Secured's projected combined gross revenue for year-end 2008 to be $5.1 million generating a profit of $1.2 million.
In October we announced the signing of a Letter of Intent to purchase AmeriNet, a premier ACH processor and PayzNet, a worldwide payment alternative processor. While we anticipated completion of this acquisition by year-end 2007 AmeriNet/PayzNet has required additional time to complete its 2006 audit required to move to closing. It is anticipated that the audit will be completed shortly and we will move forward to close. When completed this acquisition would add approximate $2 million in gross revenues from its operations in 2008.
What this all means is that Secured Financial Network is finally positioned to operate the most complete payment processing platform available under one umbrella, incorporating a host of services and products offered by a very fragmented industry. Industry statistics point to double digit growth in payment processing over the next 5 years from electronic and debit transactions, the core business focus of the RedFin Network and Virtual Payment Solutions.
In the next several weeks Secured Financial Network will issue its 10-K and 1st quarter 10-Q. While these reports will show minimal revenues we are very confident about the Company's future and our ability to meet projected goals for 2008.
Secured Financial Network is now positioned to turn the corner generating revenues, moving towards profitability, and building solid shareholder value.
About Secured Financial Network
Secured Financial Network, Inc. is a Ft. Lauderdale, Florida-based Company that looks to create growth, add to profitability, and build shareholder value by engaging in a full-spectrum processing for e-commerce and traditional transactions through a PCI Certified Payment Gateway and proprietary 'bank-grade' electronic-vault based payment-processing system through its exclusive Envoii Deployment License Agreement.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Secured Financial Network, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
For further information visit our website: www.sfnl.net
CONTACT: Brass Bulls
Matt Lovito
1.866.342.2700
huge PR from SFNL
projected 2008 EPS is $0.03..........PPS is at $0.04 right now
March 6, 2008 - 6:30 AM EST
Secured Financial Network Shareholder Update
FORT LAUDERDALE, Fla., March 6, 2008 (PRIME NEWSWIRE) -- Secured Financial Network, Inc. (OTCBB:SFNL) Jeffrey Schultz, Secured's President and CEO today released an update on the progress of the Company.
In September of 2007 we announced the build-out and launch of the RedFin Payment Gateway. The completed proprietary Payment Gateway will now perform PCI-CISP compliant level 1, 2, and 3 electronic payment processing for merchant clients by way of retail Point-Of-Sale terminals, virtual terminals, interactive voice response (IVR), e-commerce and mobile commerce (WAP) via wireless PDA's and phones operating on Java or Windows Mobile Wireless technology.
The RedFin Payment Gateway is now fully integrated with all of the major acquiring bank processors such as Vital, Chase Paymentech, all First Data groups, Concord and others. It also supports credit/debit, gift/loyalty, check verification and guarantee, as well as all merchant terminal platforms and is the premier gateway for Blue Bamboo wireless processing products. We anticipate integrating our bill payment, money transfer, and debit card loading features in the 2nd quarter.
I am happy to announce as of March 1, 2008 the RedFin Payment Gateway has completed beta testing and is now live, operating, and beginning to process transactions generating real revenues. We are very excited about the reaction from ISO's (Independent Sales Organizations), Value Added Resellers, and Merchants to our offering of services through our Payment Gateway.
We project gross revenues generated from the Payment Gateway to build each quarter with a run rate by year-end 2008 of $3 million processing over 5 million transactions per month.
Last month we announced our strategic partnership with Blue Bamboo (www.bluebamboo.com) and we will be exhibiting with them in mid-April at the ETA Show (Electronic Transaction Assoc.) as the premier Blue Bamboo partner in the USA. Secured's wholly owned subsidiary, Virtual Payment Solutions (VPS), has committed to market the Blue Bamboo PCI compliant H-50 and P-25 wireless payment terminals and accessories. These terminal products are fully integrated with our Payment Gateway. In addition we have concluded preferred pricing for data plans with AT&T and T-Mobile resellers.
Orders are already in for the first group of 100 terminals and we expect to receive commitments for 1500 H-50 wireless terminals by the end of June and anticipate 9600 terminals to be delivered by year end 2008 generating $4 million in revenue and recurring data plan revenue of $1.5 million.
We anticipate Secured's projected combined gross revenue for year-end 2008 to be $5.1 million generating a profit of $1.2 million.
In October we announced the signing of a Letter of Intent to purchase AmeriNet, a premier ACH processor and PayzNet, a worldwide payment alternative processor. While we anticipated completion of this acquisition by year-end 2007 AmeriNet/PayzNet has required additional time to complete its 2006 audit required to move to closing. It is anticipated that the audit will be completed shortly and we will move forward to close. When completed this acquisition would add approximate $2 million in gross revenues from its operations in 2008.
What this all means is that Secured Financial Network is finally positioned to operate the most complete payment processing platform available under one umbrella, incorporating a host of services and products offered by a very fragmented industry. Industry statistics point to double digit growth in payment processing over the next 5 years from electronic and debit transactions, the core business focus of the RedFin Network and Virtual Payment Solutions.
In the next several weeks Secured Financial Network will issue its 10-K and 1st quarter 10-Q. While these reports will show minimal revenues we are very confident about the Company's future and our ability to meet projected goals for 2008.
Secured Financial Network is now positioned to turn the corner generating revenues, moving towards profitability, and building solid shareholder value.
About Secured Financial Network
Secured Financial Network, Inc. is a Ft. Lauderdale, Florida-based Company that looks to create growth, add to profitability, and build shareholder value by engaging in a full-spectrum processing for e-commerce and traditional transactions through a PCI Certified Payment Gateway and proprietary 'bank-grade' electronic-vault based payment-processing system through its exclusive Envoii Deployment License Agreement.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Secured Financial Network, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
For further information visit our website: www.sfnl.net
CONTACT: Brass Bulls
Matt Lovito
1.866.342.2700