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This should be 0.01+ with yesterday's volume alone. Something's wrong...
VFIN has endless shares!!!
NEWS OUT!!!
On 5 januari they announced elimination Of Over $500,000 In Convertible Notes And Toxic Debt From Company's Balance Sheet.
http://finance.yahoo.com/news/agritek-holdings-inc-announces-elimination-133000258.html
TODAYS NEWS:
Agritek Holdings, Inc. Completes Elimination of $850,000 of Toxic Debt From Former Lenders
http://finance.yahoo.com/news/agritek-holdings-inc-completes-elimination-134500815.html
Shares where decreased in a 1 for 10 split on 12/11/2013 according to OTC Markets. Also float only 74,617,286 shares. This will explode with some pressure.
http://www.otcmarkets.com/stock/AGTK/profile
They settled with MICROSOFT and have entered a license agreement with MICROSOFT and will receive a one-time lump sum payment from MICROSOFT. Also pending lawsuits!
Form 8-K
AND THEY HAVE 6 PATENTS AND PENDING LAWSUITS.
Patent Nos: US 7,870,599; 8,484,698; 8,713,701; 8,566,608; 8,732,483 & 8,973,107
NEWS IS ON IT'S WAY REGARDING REDUCTION OF DEBT PER E-MAIL FROM THE CEO!
About to take off!!! thin all the way!!!
ProtectID Two-Factor Authentication Platform now protects Microsoft Office 365 and according to Microsoft - SharePoint is used by 78% of Fortune 500 companies.
Source:
http://securitysolutionswatch.com/Interviews/in_Boardroom_StrikeForce.html
6 Patents awarded
Patent Nos: US 7,870,599; 8,484,698; 8,713,701; 8,566,608; 8,732,483 & 8,973,107
It's a steal under $0.01!
Can you also give us some arguments and due dilligence (links etc), for instance why would they convert low? and why is this toxic financing? cause you're only stating baseless statements and personal attacks here.
These are my arguments, how about yours?
The converters would prefer to get a higher price for their shares if they convert,however there's no convertion here, the sc 13g/a just states ownership of shares and not convertion.
"Form 13G is used when the filer owns between 5% and 20% of the company and plans to hold it only as a passive investor."
www.octafinance.com/vista-capital-investments-just-increased-strikeforce-technologies-inc-position/
Plus:
From Vista-capital website:
"Our mission is to utilize our capital and industry resources to help companies expand their business in a way that will ultimately maximize shareholder value."
Vista-capital
Not really, Why would they convert at lower prices (are you even reading what you're writing?) when they can get more at higher prices? The decline is due to consolidation, rookie daytraiders and shorters, but that will be taken care off real soon.
There's no convertion, the sc 13g/a just states ownership of shares and not convertion.
"Form 13G is used when the filer owns between 5% and 20% of the company and plans to hold it only as a passive investor."
www.octafinance.com/vista-capital-investments-just-increased-strikeforce-technologies-inc-position/
Plus:
From Vista-capital website:
"Our mission is to utilize our capital and industry resources to help companies expand their business in a way that will ultimately maximize shareholder value."
Vista-capital
Wrong again,
"Form 13G is used when the filer owns between 5% and 20% of the company and plans to hold it only as a passive investor."
http://www.octafinance.com/vista-capital-investments-just-increased-strikeforce-technologies-inc-position/
Plus:
From Vista-capital website:
"Our mission is to utilize our capital and industry resources to help companies expand their business in a way that will ultimately maximize shareholder value."
Vista-capital
No, that trend says 86 mil shares outstanding if you go on those numbers, but it also stillcould be 79 mil shares outstanding. Your math is incorrect.
That's Just a baseless conclussion. Maybe they didn't dilute at all.
79,768,844 Shares outstanding as of 25 januari.
From the latest filing:
The Reporting Persons’ beneficial ownership of 7,900,000 shares of Common Stock constitutes approximately 9.9% of all the outstanding shares of Common Stock, based upon a total of 79,768,844 shares of Common Stock as reported by the Issuer’s transfer agent on January 25, 2016.
GREAT! Looking good, PR's, licensing patents, reducing debt, one-time lump sum payment, and more to come...........
As a consequence of the Release and License Agreement, the parties have moved to dismiss the action with prejudice, the Company has licensed the patents to Microsoft Corporation, and the Company will receive a non-disclosable one-time lump sum payment.
Form 8-K
April 2014 is hardly 3 years
This went from $0.0001 to $0.0117 in a month not too long ago, half a penny is a possibility.
I didn't need the report to see that, I called it yesterday remember. But thanks anyway.
Yes and they made bank doing it up untill this moment. They bet against SLNN (just look at all the shoring in the report) and got caught by surprise yesterday. Who do you think is sitting bid for those 3's and 2's? The shorters that sold 346,218,408 shares at 4's and 5's yesterday. And yes they where shorting allready, bus this does not go below 3's and they will have to cover those shares they borrowed.
I agree, but yesterday was 346,218,408 shortvolume, and it was obvious!
SLNN shortvolume
346,218,408 short volume!!! Hate to say I told you so! Someone was selling shares they didn't have! They will have to cover eventually tho.
Those bidders will eventually see the light
180 mill bid support and groing!!!
Yes they did deliver on that promiss, Steve Saleen also said, and I qoute the article beneath from August 2015:
"Steve told me that his new project would bring the Supercar spotlight to America and his company would build a mid-engine car to rival anything on the road today. Now that is a bold statement that shows he is working on something legendary. Well guess what, legendary vehicles in this day & age take massive amounts of engineering, research and development especially when built in-house and all that comes at a price."
soec.org/what-is-going-on-with-saleen-automotive/
Also convertible notes aren't always a bad thing:
How convertible notes work
And don't forget we just opened our first showroom in china.
http://ih.advfn.com/p.php?pid=nmona&article=70116658
China will overtake the us in 2016 as the largest market for premium cars, driven by both the super-wealthy and newly affluent consumers.
[tag]http://www.crystalra.com/saleen-automotive-inc-key-points
We'll see what this does the coming days
Do or die, in or out. I'm riding this B@#$CH out!
Also 150,000,000 bidsupport you can forget about those 3's and 2's.
It will move, eventually they will have to account for the sold shares, and will buy them on the open market. The sellers are just gambling this will move south, so the pick up the shares much cheaper. As long as volume is maintained this will take off in the next days.
Some weird trading going one, shares being sold that are not being owned! Someone's taking a hige gamble!
2 millies left on 4's!!! I'm expecting at least 100 mil volume eod. this closes 0.0007+ imo
Nice shake!!! Got me some more 4's hahaha
WOW never seen bid build this fast!!! Folks gonna be chasing :)
http://saleen.com/
These guys are pro's check out there website!!!
Big blocks going! 5's are gone!!!! I'm sold on this one!!!
http://saleen.com/
After lunch volume should be great on this one.
How much do you think is outstanding? and can they really dilute that much in less than 2 months?
OTCmarkets.com states 489,962,102 Outstanding Shares.
http://www.otcmarkets.com/stock/SLNN/profile
$160,000++ cashvolume!!! 360,000,000 buy volume VS 38,000,000 sell volume all above $0.0004
489,962,102 shares outstanding!!!
0.001 after 0.0005!!!
Level 2 looking good! 71 mil vs 15 mil
I know you would, have a nice weekend.