Completely false!

If 2021 was such a breakout year, how come nearly 2 billion shares needed to be diluted to help pay for marketing, advertising, payroll, “general and administrative” things? And don’t say $ was used for inventory as only about 30% was allotted for that. Gone are the $300k+, $280k+, etc. weekly sales…sales are down, stock price is down, and the only thing that rises is debt and dilution!

May only be a matter of time until they go bankrupt as well! This is from the CEO himself:

“Going Concern: As shown on the accompanying financial statements, the Company has incurred continuous losses from operations, has accumulated deficit of $1,906,748… These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management is currently seeking additional sources of capital to fund short term operations through debt or equity investments. The Company however, is dependent on the ability to secure equity and/or debt financing and there are no assurances the Company will be successful. Therefore, without sufficient financing it would be unlikely for the Company to continue ”

SFLM talks a good game but ultimately is failing…TOP traders know this and are steering clear!

What makes this "explosive?" Isn't this about what they are selling each week?

Company is nearly bankrupt…can barely stay afloat and having to dilute over and over to raise capital…is not profitable and millions in the hole…what’s not to love about this? Lol

My My My…interesting that several “key points” have not been disclosed regarding this amazing “Q1 report.” Let’s share the REAL numbers instead of picking and choosing what is relevant.
After this so-called $100k profit from expenses…let’s look at the numbers after operating activities. Adjusting this “net income” to net cash there is $150K+ worth of inventory that needed replacing so now SFLM is $50k in the hole. But wait there is more. Nearly a quarter million dollars needs paid to shareholder loans and another $100k+ to other loans…and what do they do to stay afloat? Yes nearly half million in dilution (paid capital is the fancy term) to just squeak by obtaining just enough cash to run this cycle over and over. How come key points don’t point out this company is about $2 million in debt?
Or how about this (reported by SFLM themselves)? “Going Concern: As shown on the accompanying financial statements, the Company has incurred continuous losses from operations, has accumulated deficit of $1,906,748… These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management is currently seeking additional sources of capital to fund short term operations through debt or equity investments. The Company however, is dependent on the ability to secure equity and/or debt financing and there are no assurances the Company will be successful. Therefore, without sufficient financing it would be unlikely for the Company to continue ”
Sounds like SFLM’s motto is: Continued Dilution is the Only Solution!

No Q1 reports are shown to have been filed with SEC for 2022. Here is a link to see all of SFLM's SEC filed reports to date. The most recent filing occurred on 1/27/2022. Lastly, no official report would state only a specific division's profit/loss statement. McDonald's would not report that the Big Mac division of their company made X amount of profit etc. SFLM can state all they want if the jewelry division is profitable, but with all the money being hemorrhaged with Metaverse, NFT, 3rd party vendors needed, additional staff, and higher expenditures, it is erroneous to state SFLM is either profitable or filed Q1 report with SEC without proof. Someone prove me wrong!

insert-text-here

Post a link of this filing and not just what SFLM “reported.”

How come q1 report is nowhere to be found? I call bs profits were made…unless you count the huge dilution as “income.” Lol

I'll take the under on that bet...for any amount of money!

Why does the rooftop picture look blurry? Is that a fingerprint on the left-hand side as well? LOL - Looks like they asked some 12 year-old to hurry up and get something ready to show today!

$SFLM We were so excited when we saw how incredible the store came out that we couldnt resist making a few tweaks. I am attaching a small preview of the rooftop pic.twitter.com/hOBAiPY6Yz

— SFL Maven (@SFLMaven) May 18, 2022

$30,000 lower than weekly average for year...the downward trend continues! As SFLM continues to spend more money on unproven ventures, they are bringing in less revenue & continued unprofitability!

All these constant updates and PR’s are finally working! The frenzy of activity is clearly shown in the wild first hour of trading…all 12 shares!

KEY POINTS:

7.5% increase in revenue
140% increase in assets
3800+% increase for cash in hand
194% increase in inventory
BUT ONLY $27,000 (4%) increase in “gross profit?” LOL!!!! Looks like another half million dollar (less $27k) net loss coming again for 2022!

The Company also accumulated a large cash position during the quarter as average weekly sales exceeded expectations. Management has decided to begin diversifying its cash position given steadily higher inflation levels that pose a risk to long-term purchasing power. Steps to address this risk include holding higher average inventory levels and establishing some exposure to Bitcoin.
Accumulated a “large cash position” due to exceeding sales expectations? That must be the new fancy term for dilution!

How is Bitcoin looking these days? This company and constant PR’s pumping this garbage is laughable… this is one sinking ship with no life vests to be found!

Why would they? Sales are down…interest in this is down, revenue is down…this ship is sinking fast!

Revenue nonsense irrelevant to top traders that understand net losses and the need to keep diluting in order to pay the bills and reduce shareholder value. If these "significant" revenue numbers were actually meaningful, there would be no need to obtain additional capital (dilution) as enough revenue growth would be able to cover the funds to obtain more product.

Who cares what sales are? You have no idea what acquisition costs are and big sales numbers have not resulted in profits!

This clown show will be right back to .0008 by day’s end!

net losses?

Update: “Despite losing millions of dollars in past few years due to poor business model, out of control expenses, and dilution of our stock, we are continuing to spend more shareholder money and revenue for fake jewelry in make believe land for all you virtual reality nerds!”

3 days is nothing… I have been waiting for months for the SEC to raid my home since I was reported to them for stock manipulation and single-handedly driving the price down on this POS! For us bears this has been an all you can eat smorgasbord for a year now! Maybe we can save a few bucks and work out a deal for us to retain the same attorney??? LOL

Can you show me proof of 15 years of profitability please? I'll wait!

“All Aboard” was the same call used to get passengers onboard The SS Titanic! This one is done folks…last one out turn off the lights please!

Making sales obviously...not sure about making money though??? If I bet $100 across the board on one of my racehorses and it shows paying $3.00 - I bet $300 in total but only got $150.00 back. Did I really make $150 or did I lose $150???

Update: "Despite constant good news and sales reported, we continue to dilute causing your diminishing stock value to fund our side projects & net losses." - Captain Obvious

Just another expenditure and another reason this company is not profitable.

No Steve Mo says this company is garbage and will never be able to sustain profitability…someone prove me wrong!

And this stock will continue to plummet whether you like it or not!

The metaverse is a waste of time, effort and processing power. Here is a very good read and article that clearly outlines how useless metaverse is and will continue to be.
https://www.itpro.com/business-strategy/collaboration/362032/metaverse-waste-of-time-effort-and-processing-power

Annual report came out - SFLM lost money again for 2021! They continue to be unprofitable!

Company is still losing money...that is the only thing people need to take away from this!

It isn't going anywhere...except lower perhaps!

I have predicted .0005 for quite some time - I think we are both in the right ballpark as to where this is headed!

Still predicting .0005 very soon…Dilution is not the solution!

I agree…they acquire product at an exorbitant amount and not only are they paying big (Ebay) fees to sell, jewelry is one of the highest markup priced items sold so clearly they are not maximizing any potential profits. Look at their rate of returns/adjustments…10%. Now they are going to spend $ they don’t have to buy property in a fake land and sell fake jewelry for avatars….lol!

Here ya go:

Total Sales for SFLM = $12,837,260 (less $2,013,335 returns and allowance) = $10,823,925

Cost of Goods Sold (Inventory, Purchases, Packing/shipping, postage & freight, Jewelry repair, certifications etc.) = $10,066,251

Gross Profit= $757,674

Operating expenses (advertising/promotion, auto expenses, bank charges, computer expenses, credit card fees, payment processing fees [Ebay, Paypal], selling fees, dues & subscriptions, entertainment, insurance, internet, license and taxes, meeting/seminars, office expenses, payroll taxes, professional fees, rent, salaries, security, telephone, travel, utilities, web site, interest expense) = $1,296,823

TOTAL LOSS FOR YEAR = $-538,798

$11million in sales, half million total loss!

And you fail to mention the minuscule 3rd quarter “profit” compared to the net loss that was 800% higher the previous quarter…or the constant dilution of shares because they are constantly strapped for cash!

Losing millions of dollars in last 24 months and diluting stock to cover lack of cash is a good sign of a penny stock?

Revenue don’t mean squat! When SFLM jumped revenue in 2020 several thousand percent from prior year, net losses were even worse jumping up in the millions! One quarter had a meager $55k profit? Lol…I notice the previous quarter didn’t get mentioned.

SFL MAVEN CORP
STATEMENT OF RETAINED EARNINGS
FOR THE QUARTER ENDED JUNE 30, 2021
RETAINED EARNINGS BEGINNING

$ {1,537,681.00)

NET INCOME {LOSS)

$

(411,975.00)—————- > LOSS!!!