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A good question for mgmt. is if (and that is "if") they happen to come into a decent amount of money, are they planning to reverse some/all of the diluted shares to increase shareholder value? That is the question to ask them. If the answer is, "no" then this will not go back up to levels where shareholders want it. I think a lot of people should be asking mgmt. this one question.
What is the difference? Getting shares for less money! When the company is giving us less and MM's are against us, the need to buy at a better price is becoming more important. Difference in strategies between us I guess - which is ok.
Support 2 on IHUB is .0001. You should soon get all the 3's you want. Right now, I'm glad I'm on the sidelines. I rather buy at .0005 when/if MAJOR news comes vs. risk being part of a R/S. I hope SFOR can turn it around and fast, but it looks like the dilution machine kicked in today.
Did you all see the last 3 trades? Total of 20 million shares...10 million at .0003 and the last 10 million at .0002. Not good!
Did Kay tell you this?
MM's out in full force - who knows what tricks they are up to...SFOR isn't going up on the accounts of retail investors.
Some good buys today, but I really don't think 5's will hold very long it hitting them due to MM manipulation.
2 things...verifiably SFOR having sold products with significant revenue increase (not future potential), and/or they have won the WhiteSky lawsuit.
Unfortunately, not likely...there's soooo many shares that the MM's hold at .0004 and want to dump. If it goes to .0005, it will be short lived due to MM manipulation of wanting out of their .0004's. MM's are not showing all of their hand at once (just a few million of many-many that they want to liquidate).
Another question people should be asking SFOR mgmt. is if SFOR has any plans to reverse the current diluted shares or any future diluted shares IF they just so happen to come into any decent size of money. IF they don't have plans for that to happen (IF they get sizeable money), then that will tell retail investors how much management cares about them.
I want SFOR to shoot up too, but a lot of retail investors thought the bottom was at .0025, .0015, .001, and .0005...SFOR is still in major need of cash. I'm sensing they are still broke or very near it. Therefore, the chances RIGHT NOW of SFOR diluting again and possibly having to do a R/S is better than SFOR climbing to a dime per share. None of the past 7 or so PRs have lifted SFOR what so ever. Two things will keep SFOR from diluting more or R/S...we all know what it is - a lot more revenue or major news...the race is on, and which is going to happen first? We will have to see. But sorry, I'm betting more dilution first. Don't want it to happen, but unfortunately, it probably will happen again (soon).
Yes indeed. I think they thought they were going to party when they grabbed a bunch of .0004's when the retail investor thought .0006 was the bottom. I think they (MM's) think .0004 soured their party. I read recently...
"Every market has a bottom. Every bottom has a hole in it." We've seen SFOR walk down to .0003's and without major news or money in the bank, .0003 might not look very attractive for MM's.
Surprised less than 500k shares trades so far especially with a positive - non-SFOR paid article in Huffington Post today.
The news is good, but the question is...did the purchase bring in very much revenue RIGHT NOW? Not trying to be a Debbie Downer here, but about the last 5 PRs out - the stock popped a bit and then down she went. I think SFOR needs to dilute...they were out of cash at the end of November. Good news today, but being careful because some of the MM's also want to unload their .0004's...today is a day they will get rid of some of them.
What you said sounds solid. Thanks!
That is what I have been thinking too. They seemed to pick up A LOT at .0004 several weeks ago...I think they have been wanting out of them ever since the last round of dilution, but there aren't that many buyers for all of their shares. However, I'm guessing you feel that it is the retail buyer at .0004 lately vs. any of the MM's? Thanks!
Anyone seeing more than 9-10 million shares available on the ASK? IF MM's wanted .0004's badly, they could have snapped up a lot more already. On the other hand, there's been 4 straight trading days with more buys than sells. I have to admit, I am surprised it hasn't solidly dipped below .0004 yet. What is everyone thinking here besides SFOR is a scam or SFOR is going to the moon this week?
Teach us "Expert."
Sorry, no.
10,000 trades are 99% of the time done by market makers (MM's)...it is illegal for them to call, text, or email their supply and demand back and forth to other MM's. The small 10,000 trades are their "signals"/communication to each other. Sometimes they use smaller and larger quantities - with SFOR, 10,000 is most common.
hiphop...I don't think yesterday's large sales were dilution dumping and/or SFOR dumping, I think one of the larger shareholders wanted out at 4 and couldn't so he/she unloaded them at 3 to walk away. I still think SFOR will dilute again, and we will see more of the 100 million share days ahead via dilution.
As of September 2013, they didn't have one in Colorado Springs. There are old websites out there mentioning Colorado Springs, but I called ERBB headquarters and the gal said they have ownership of the name of the one in Colorado Springs. I then visited the Colorado Springs shop, and they never heard of ERBB and the staff mentioned the "owner" as someone different. Been there, did the DD on the Colorado Springs shop...it is not owned by ERBB. Not sure of others though...there's a lot of them in the Denver area.
WOW, look at the Ask - someone wants out of their 4's.
Sounds like you think SFOR has some products just as good and even better than competitors. I'm not much of a tech guy, but I hope you are right. How long have you been a shareholder of SFOR?
pmello...how low do you think SFOR will go?
Dounome...what's up and when do you think SFOR is going to break to the upside as you claimed last week? Thanks!
Indy, do you know of any news? Do you think SFOR will take off today and why?
I know of a company in penny land that has revenue of around $80 million (using round figures), but their cost of sales is about $79,920,00. Huge revenue, but absolutely crappy cost of sales and profits. This stock runs sometimes. So folks, revenue is important, but the good thing is that SFOR's cost of sales is very good compared to a lot of other companies. SFOR has its issues, and has some things going on to correct the issues...time...lets she where she is at in another few months or so. Time/not overnight and not next month either...time!
Nobody here knows exactly who and how many have been knocking on SFOR's door regarding MobileTrust and GuardedID Mobile/SDK...I guess it comes down to it that either one believes SFOR is getting a lot of interest in these areas or not. For those that believe - hang around...for those that don't, well, do what you gotta do.
Some are mad and seem not to be checking in as often. If they stay in, they could become even more mad because we all know A/S has been increased and more dilution has barely begun. On the flip side, and NOT overnight, SFOR should gain some nice momentum with their Mobile products. For now, people will gripe, some will stay long, and some will be gone.
I hope you are right and it happens as you've mentioned, however, I'm not counting any chickens before they are hatched.
Jumping right in here...hiphop is right WhiteSky is more of a contract issue than a patent issue. I think I carefully listened to Kay on the WebEx and it seemed they are seeking around $600,000 from WhiteSky. If they are very successful with that, then there might a vigorous lawsuit against Comcast. Again nobody REALLY knows even half of the plans that SFOR mgmt. has. If they do think they know, then I guess they also think they know what our government is doing on a daily basis. On the flipside $45k more per month isn't all that much to get to break even...I don't think they will add $45k per month in Q4 2013 (I'm betting Q4 will not be impressive), however, somewhere around Q1 and Q2 of 2014 is where they should be able to add another $45k+ per month. I hear both of ya...we'll see what happens.
From the recent 10-Q: Our number of common shares outstanding increased from 362,808,206 shares at the year ended December 31, 2012 to 1,395,677,960 at the nine months ended September 30, 2013, an increase of 285%. The increase in the number of common shares outstanding was due to common shares issued related to conversion and settlement of debt and consulting obligations, which, consequently, reduced our total outstanding debt.
***That was over 50 days ago...could be more than described above.
Sounds good and that could be the case, however, revenue will tell the true story.
NEWS OUT...see it on IHUB!!!
It did hurt them greatly. Some are going to say they should have had many other deals in the mix instead of having all their eggs in one basket. Here's the thing people...we (meaning none of us) know SFOR's business plans (and we really don't need comments that it must be plans for running it to the ground). Just like people that talk about government/politics...we really don't know all of the "dealings" as citizens sitting on the sidelines. But yet we bitch and complain (I know I do some). With that said, either you trust the leaders or you don't. Again none of know the business plan, but maybe something like this would cheer us up...
If SFOR does win nicely with WhiteSky and can continue to increase revenue, maybe they can take some of the WhiteSky proceeds to offset their monthly expenses WHILE buying back/eliminate some of the diluted shares (over time), thus, increasing shareholder and the company's value. None of this could happen over night. Several "if's" but what do you guys think if that is their strategy going forward?
That is true...you are right (I just spoke with that person), someone did get out it was not part of dilution.
Kind of amazing to see that it is a 33% decrease from .0004 to .0003. The dilution machine has just started to kick in (again).
3Q WebEx is on SFOR's website now.