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Dude
Seriously
FREAKING SELL!
SFOR is a POS penny stock scam!
You can hold and wait for “news” and lose everything or you can sell and keep whatever you have left.
To believe that SFOR is some kind of legitimate investment endeavor or to believe in Mark Kay is lunacy
Lol...
Worthless-er
Best post of the day
Lol...
Yeah
It’s Merica and if you want you can believe in Santa and the Easter bunny for all I care.
All I’m suggesting is that while you’re fake sleeping and waiting for ol Saint Nick to slide down the chimney you acknowledge some facts:
The SEC says you cannot have a material event occur without letting your shareholders know within a timely period.
If SFOR were to grow revenues by 500% and become profitable for the first time in 17 years, that would be material and SFOR would have to file an 8K
You can’t have it both ways
Either SFOR remains 100% SEC compliant and files an 8K for a material event
Or
No material event has occurred and SFOR is being compliant to the SEC and doesn’t have to report something that hasn’t happened.
One thing is certain:
SFOR will file their 10K. It will ABSOLUTELY NOT show a profitable quarter or year.
How do I know this ?
Because there is no 8K suggesting that anything Mark said in his interview is remotely possible to being true.
Hey bro...
Use your head man.
SFOR’s last 10Q showed that they lost hundreds of thousands of dollars to make what? $70k in revenue?
Look...
I’m not the douche claiming they have no revenues because a cursory glance at their financials proves that they do have revenue.
The problem is that they spend $500k to make $30 or $70k.
Now it’s time to use your head:
Let’s just say that SFOR actually turned profitable.
That would require a 500% revenue boost.
That would be a material event and since SFOR is 100% SEC compliant they would have to report it as a material event in an 8K.
Since there is no 8K then we can surmise that no material event occurred and we can also surmise that SFOR is not profitable.
Trade SFOR...
Trade the stock
But do not for a second actually believe in the company
You’re in CBad Ca?
I live just South of you in Solana beach/La Jolla area.
Lol @ two SFOR antagonists living on the same coast line...
It’ll be our fault when SoCal slips into the ocean
“BIG DEALS COMING”
Said the ‘02 crowd
Said the ‘03 crowd
Said the ‘04 crowd
Said the ‘05 crowd
Said the ‘06 crowd
Said the ‘07 crowd
Said the ‘08 crowd
Said the ‘09 crowd
Bro...
You’re in 2018
Mark Kay has been saying the same thing for FIF-Fuk-en-teen years.
Every year he preys (not prays but maybe he prays) on more of you.
You all swear that this time it’s different.
This time you all know better.
You’re all smarter and more informed
But you’re not
So you can cuss and swear at me all you’d like. At the end of the day, I’m not the one stealing your money while promising Honey.
Mark kay is
Bro...
Be long and strong.
Knock yourself out.
I get long and bullish SFOR too from time to time.
The problem is that Mark Kay is lying to investors.
He’s not simply making and subsequently missing projections...he’s freaking lying man...LYING!
I’ve lost all respect for Mark. The last he and I spoke he flat out lied over the phone (December).
I didn’t call him on it over the phone because it would serve no purpose...but I knew he lied and was lying.
One could say that in December I was 90% sure I was being lied to.
Here it is, January 25th, and now I know I was lied to.
Mark kay had better start looking out for burned shareholders. You simply cannot flat out lie and steal people’s money without ever meeting the tax man.
I’m not threatening Mark. I’ve never lost a penny trading his stock but I know there are people who’ve lost far more than any rational person ever would have invested in a penny stock who are plenty pissed off
Dude...
WHY?
SFOR in a nutshell:
$15 million dollar market cap.
>$1 million in TOTAL ASSETS (if you’re truly a diligent CPA then you should already be running AWAY, not towards)
The single largest asset that SFOR has is a cash balance FROM A FREAKING LOAN MAN!
A FREAKING LOAN!
They didn’t earn anything.
They BORROWED X and the UVW left of what they borrowed...and that money is disappearing FAST man.
I mean c’mon.
You’re gambling and you know it and you’re hitting on 16, and doubling down bro and trying to convince everyone else at the table that it’s a great bet.
It’s not.
SFOR isn’t undervalued as you like to say because it used to be at $0.0295 and now its at $0.0062
It’s supremely overvalued because it used to be at $0.0002 and now it is at $0.0062
Yeah... I’ve read his posts elsewhere plus his twitter feed.
Mark Kay has no problem distinguishing between true and false.
As far as lies go, he prefers to call them “projections”.
A rose by any other name is still a rose.
The thing is that Mark calls his projections projections because it, along side a Safe Harbor Statement, protects him. It’s like using someone else as a human shield as far as I’m concerned.
Be transparent, and tell the truth good or bad. Let the chips fall where they may.
Knowing when you make a projection that it’s not going to happen is the exact same as a lie.
“These are big deals and they take time”.
What about all those Mark L. Kay twitter feeds where July through December 2017 he openly claimed that they were on track? What about the Tweets where Mark and Strikeforce Technologies claimed for months that their “projections” were on track and remained strong?
What about subsequent communications with Kay where he claimed deals were “done” and January would be a strong revenue month for SFOR?
You see...his “projections” are lies because he knew they weren’t true when he projected them.
This whole sideline convo that “deals take longer than they thought” or “we had some deals not go through” is just BS to explain away projections that never occurred but were never going to occur anyway.
Sheeeesh
Mark kay sure could learn a thing or two from other OTC companies.
As an example of transparency, check out POTN’s Jan 19 Shareholders update. Pay attention to the verbiage.
Also, check out the frequency of Press Releases.
If Mark Kay couldn’t fill the shadow of other OTC companies that actually offer transparency.
Mark Kay “Our shareholders are like mushrooms, we keep them in the dark and occasionally feed them crap”
Lol...
Anybody except for some retired Model of a Modern Major General would shoot holes in this company.
Here’s my sales pitch:
“Hey fella, step right up. You seem smart and attractive and have a lot going for you and you’re not able to make a bad decision.
Boy have I got a company for you. This ain’t no new “flash in the pan” company, no sir. This company has been around for 17 years. 17 years I say...why boy, you look young and maybe this company has been around longer than you.
Profits?
Nope! Not one in 17 years.
Sure sure, they’ve screwed over other investors but not you, you’re different.
Is every promise the day after tomorrow? Sure but aren’t they all?”
Step right up folks
Come one, come all
Does it matter bro?
Red again?
Why?
Is it red again because everyone hanging out elsewhere is right?
It’s red again because the 15 million dollar market cap cannot be supported by 2.4 billion shares with zero revenue or earnings per share of zero.
Mark Kay is just stringing his few apostles along and they’re spreading the word of Mark.
Facts are facts:
The only reason SFOR ever climbed to $0.0295 was because of a months long pump...
She’s been in dump phase since April of 2017.
Have fun with it
(Posted elsewhere)
You’re surprised?
It was a debt offering.
Nobody knows the details of the debt offering deals?
Was that $197k in exchange for dilutive convertible notes? Preferred shares?
What did those THREE (8 billion people in the world and Blocksafe got a whopping THREE of them to invest) get in exchange for their capital.
Mark Kay
Chris Henry
George Waller
They all ponied up SFOR INVESTORS CASH to put down $197K.
I’m surprised SFOR isn’t deeper in the red today. After all, SFOR stock is being diluted to fund Blocksafe and once Blocksafe has their ICO, SFOR won’t see a dime of the proceeds until after Blocksafe actually starts paying for SFOR product licensing.
Too true
I realize that some people here may have lost a lot of money (relative to their own financial situation) but take what’s left.
I do see the point in not selling.
Let’s say you put $10K (huge gasp here) into this penny stock.
Now you have a few hundred bucks left...what’s the point in selling other than to keep a few hundred bucks?
I mean if you had $10K to gamble with in Vegas and were down to a few chips why not let it ride?
What if you could peek into the future and see though that you were going to lose the few hundred bucks?
Wouldn’t you walk away?
You’re being given a chance with SFOR to do just that:
Whatever you have left will be gone.
You’ve been given a glance at your future self and there are two scenarios but both include SFOR going to zero;
1) you walk away with the few pennies you have left
Or
2.) you ride your few pennies into the dirt.
OF COURSE people still believe.
Have you ever heard of a Ponzi scheme?
It’s one of the oldest schemes out there.
They’re illegal.
As illegal and obvious as they may be, they’re still around.
The latest Ponzi scheme includes apps for your smart phone where you play a game and have to recruit X number of people who all have to buy in with $100 or whatever and if you recruit that many people then you get XXX dollars.
“A sucker is born every minute”
That phrase is nearly 200 years old.
Look...I consider myself a practical thinker.
A phrase like “where’s the beef” tends to be generational and die with the generation because it doesn’t have any real legs.
Any phrase that can last nearly TWO HUNDRED YEARS (or longer) must have some merit. It must be as true today as it was when it was first coined or it would have been lost long ago.
Mark Kay?
His crew?
They know a sucker is born every minute and all they have to do is change the shell game around a little bit to keep it going.
example?
Sure:
Strikeforce Technologies wasn’t always Strikeforce Technologies.
People caught on and so they changed the name and then they changed the CEO.
Now all they’re doing is changing the fields that they’re experts in.
And viola (pronounced WAH-LAW) here comes a brand new herd of suckers.
This whole SFOR/BLOCKSAFE thing is crap. It is crap with corn.
Mark Kay always promising tomorrow is when the big deals will happen is because he KNOWS that for every bull that turns bear, New bulls will be born.
Blocksafe had 3 total investors who gave SFOR $197,000 in exchange for debt offerings.
Do you know the terms?
I don’t...and I’ve looked.
For all I know, they gave $197,000 in exchange for hundreds of millions of shares or NOT SHARES TODAY, BUT SHARES TOMORROW.
Even better still is the upcoming coin offering. Where SFOR shareholders won’t see a dime.
Only the smart know this and avoid it. The suckers defend it.
SFOR shareholders won’t see a dime of the ICO proceeds and they aren’t even going to get some kind of “up front, we are being transparent” kind of press release.
Why?
Because the Blocksafe sub is a subsidiary and not publicly held.
Want proof?
I mean real proof?
If this new subsidiary idea was so good for SFOR and SFOR shareholders, why, oh why is the share price at $0.0062 instead of like legitimate subsidiaries and they’re parent companies and gaining ground?
That’s all the proof you need...unless you’re a sucker
I doubt the legitimacy of this email response for numerous reasons.
How did investor relations (George Waller or Mark Kay) know to address Dr. Evil as such?
Did Dr. Evil actually send an email and sign it with Dr. Evil?
While I believe he may have but how could he expect to be taken seriously by doing so?
When I correspond with Mark Kay I use my real name. I don’t sign off with Darth Vader or some other movie villain...because that’s just stupid.
The content of the email response is also really questionable because it seriously teeters on insider information because it hints at revenues which have not seen the light of day in an 8k.
The content also would be covered by a Safe Harbor Statement because he’s very clearly making forward looking statements.
Dr. Evil is certainly no insider so the confidentiality statement does not apply. If it was forward looking, and confidential there would a SHA.
Two many red flags:
1.) who the response is addressed to.
2.) The previously unreleased disclosure of revenue
3.) The forward looking statements
4.) The release of insider information
5.) The absence of a Safe Harbor Statement
I’ll take my chances and go with my gut: This email is a fake
Blockchain?
You’d better have your most patient money ever if you’re going to wait on the Blockchain sub to generate any money for SFOR.
First they have to draft up a White Paper document.
Then they use that to inform potential investors about their product and offering.
Once they’ve done that and gotten feedback from potential investors and their interest level in the offering the schedule a Pre-ICO offering.
If the Pre-ICO round goes well they’ll schedule an ICO campaign.
If that goes well then they’ll have the funds they need to get the sub up and running.
None of the Pre-ICO or ICO funds will belong to SFOR. The funds will belong to the new sub and in exchange for investing in the sub, investors will receive tokens or coins which translate into shares of the new sub.
Some people are suggesting that SFOR will “wholly” own this new sub but that’s not accurate.
The very nature of an ICO is to offer up the equivalent of shares to the investors.
So SFOR will in fact own the sub but they cannot own all of it. If they maintain 50% or more then that’s commonly accepted as “wholly owned”.
So?
What happens if the PRE-ICO and ICO don’t raise the required amount? Then all of the investors monies are returned and the campaign is considered to be a failure...and then there’s no new sub.
How do we know what the “required amount”of fundraising is? That will all be spelled out in The White Paper document.
How successful are ICO campaigns? Well, that depends on the integrity of the people running it. Do they have the trust of investors? You see, ICO campaigns are very risky. That’s the very nature of them. ICO’s are viewed by many as disruptive to capital markets because they’re not using tradition fund raising (IPO’s) and they’re very very poorly regulated by investor authorities like the SEC or FINRA or anyone.
Because of the absence of oversight they’ve been completely banned in some countries and are illegal to invest in at all even if the investor wants to buy in to an ICO that’s being held in a country where they’re still legal.
So ? Given the 17 years of total failure by SFOR to ever operate with a profitable quarter I wouldn’t take any bets that the ICO will be successful. But who knows? Maybe their White Paper will be well done enough to convince potential investors to ignore SFOR’s track record.
Like I said, you’d better not commit anything but super patient capital if you’re going to wait for the new sub to generate and licensing revenue to SFOR.
The price will not go up.
The stock is being diluted.
It can not go up.
You guys have been told repeatedly by Mark Kay that SFOR diluted shares to pay bills and to pay salaries because their revenues don’t support either.
I think it’s hilarious that there are 10Q’s and 10K’s where SFOR EXPLICITLY states that they don’t have enough revenue to support operations and that some of you still believed that somehow this is a brand new day
SFOR cannot pay for their day to day.
SFOR uses shares for this.
This is why SFOR shares go towards zero.
Duh
Lol...
Weird.
SFOR is going to gap down this morning at the open.
Hmmmmm
Could it be because SFOR is constantly diluting it’s shareholders?
Let’s rule out the previous specters:
1.) not tax loss selling
2.) not shorts
3.) not flippers
4.) not manipulating MM’s.
Bid / ask
$0.0068/$0.0060
Looks like another long day for longs.
Hmmmmm what could it be?
Could it possibly be SFOR giving themselves shares that were bought and paid for by shareholders?
As long as SFOR keeps funding its day to day operations with shares this stock will never ever have a chance.
I just love all this.
You either knew before you ever bought a penny stock that the OTC markets and “Pink sheet land” are wrought with fraud before you bought your first stinky pinky or you were warned along the way.
Mark, George, Ram and everyone else at SFOR do not sit around and discuss shareholder value.
They sit around and try to figure out a way to keep the stock printer powered up.
This new sub is a precise example.
They launch a new sub. A new sub which will be funded with a pre-ICO round of fundraising and a ICO round of fundraising (collectively known as “campaigns”)
All monies raised (if they hit their fundraising goals) will go directly to the effort of making blocksafe real.
If they don’t reach their whitepaper goals, the money goes back to each investor and it’s a failed campaign.
Let’s assume they hit their whitepaper goals and fund Blocksafe and it becomes real:
That’s when (and only when) SFOR will license products through them and earn some money off of the new sub.
To be clear: neither SFOR’s balance sheet OR shareholders will benefit in any finances from the campaign.
Mark? George? Ram?
Yes. They’ll benefit from the ICO campaign because part of “funding” this new sub will of course be paying the management team.
In exchange for all their troubles (there’s a rumor that the new sub is “100% wholly owned” by Strikeforce.
It is NOT.
The fact is that SFOR Will Keep a controlling stake in the new SUB BUT A PART OF THE FUNDRAISING CAMPAIGN WITH ICO’s is that you’re selling coins which represent fractional ownership of the new sub.
That fractional ownership of the new sub means that buyers in the ICO are receiving tokens or coins which translate into shares of the new sub. They typically won’t exceed 49% of the new sub.
SFOR will not WHOLLY OWN the new Sub.
The whole scheme is based on the success of the ICO campaign.
So how are these ICO’s doing?
Well, globally ICO’s are being banned.
They’re being banned around the globe because they’re enormously disruptive to the markets and they are almost synonymous with fraudulent fundraising that has almost zero oversight or accountability when things go wrong.
So when people cry and say Mark Kay is going to prison or cry foul, I laugh.
Trade SFOR.
Go long SFOR at your own risk.
This ICO is just one more red flag for a company that has 17 years of red flags.
They have revenue Peggy.
They just never have a profit.
Thanks Diligent...the respect is shared.
When we ask ourselves the ever tantalizing question of “what if”, we cannot forget what should always accompany that question with its naturally paired second question; “what are the odds?”
“I should bet the farm on this next hand of black jack because what if I get a blackjack”
Perhaps one should know the odds of a blackjack occurring before going too big on the next hand.
Look Diligent, I’m hanging out for a good reason. I’ve traded HUNDREDS of penny plays...sheesh maybe even a thousand or so, over the years.
When a penny is done for and I see zero hope for a play, I don’t mess around with it any longer. I’m not a guy who just has nothing better to do.
Here’s what I absolutely KNOW FOR A FACT ABOUT SFOR AND MARK KAY:
1.) while I wasn’t here for any of them, Mark Kay has conducted AT LEAST 4 (I’ve read there were 5 but didn’t care to look so deeply because honestly, who cares what the number of R/S’s are after 2?) reverse splits. Reverse splits, done for the wrong reasons, are terribly damaging and almost always create irreversible losses for common shareholders.
2.) Mark Kay, for 2015, 2016, and 2017 has regularly “projected” things that never happened during any of the projection years.
So as to not be all “Mark Kay basher”
3.) Mark Kay has held to some projections and held to his word some of the time post the MSFT settlement.
4.) Mark Kay purposefully mislead me over a series of phone calls in 2017 regarding the financial health of SFOR. This became the most apparent from the Q2 and Q3 reports.
5.) you’ve seen the tweets for yourself. Mark Kay asserted time and again that SFOR was on track and projections were strong for 2017 and then bunted for 2018.
6.) any way you split it, SFOR cannot sustain operations with current known revenue. Love him or hate him he is FULLY SEC compliant and if, over the last 3 months, ANY REVENUE changed their financial condition, you KNOW that they’d have to file a 8K. There has been NO 8K, and that means there has been NO DEAL through 12/31/2017 that materially changed their financial condition.
In other words, I expect their revenue for the 4thQ to be pretty much in line with prior Q’s $32-75K. That revenue estimate simply cannot support a quarterly burn rate of between $400-$550k as demonstrated over the trailing 18 months.
7.) SFOR’s stock soared from $0.0002 to $0.0295 from 2016 to early 2017.
8.) SFOR’s stock was trading between $0.0002 and $0.0018 while their financials appeared to be in similar condition to the MRQ when you subtract the $900K cash balance that we all know is what was left from a Litigation Funding Loan.
9.) Mark Kay has participated on another message board. His only participation was to:
A.) Perpetuate potential good news
B.) Quell fears of bad news
Pretty self serving participation if you ask me and highly questionable.
10.) SFOR’s stock has seen relative strength since late 2017 lows. This strength has been accompanied by slightly lower than average 10 day volume. That’s a plus for longs and traders looking to put a risk on trade in play.
I wish you the best. Like you and others hanging out elsewhere always watching for bashers, I’m always watching SFOR right now, and for good reason.
FANTASTIC OPPORTUNITY TO BUY
If you like to buy ahead of :
Goal post moving
Kicking the can down the road
Dangling of tasty carrots ahead of mules
Massive downward spirals
Heavy investment losses
Those are the ONLY things in the “pike” or “pipeline” for January.
Mark Kay?
He’s nowhere to be found after MISSING EVERY PROJECTION he’d claimed to the bitter end of 2017 that were “strong” and “on track” for.
I don’t know whether he is a pathological liar and is literally unaware when he is lying or misleading investors, or if he’s an intentional liar and fully aware that he’s trying to attract naive investors in an effort to dilute them.
One thing I know for A FACT is that when the 10K so many are looking forward to finally does come out, it’ll show that he has signed up shareholders for more convertible promissory notes during the last months of 2017.
Good luck with all of that
“A sucker is born every minute”.
I guarantee you this boondoggle can keep on going.
I don’t know how long you’ve owned SFOR. I’ll bet that when you first bought it, you believed and maybe even railed against anyone who didn’t.
Now, here you are...and so shall be the new guys, the newborn suckers.
SFOR will lose a long, along the way. They’ll also pick up new suckers.
2017 “projections” will be hard to find or prove or even provide a link to and they won’t believe.
In late 2018, or early 2019 when you’ve long since soured and probably lost nearly every penny you invested in SFOR, you’ll see a brand new crop of longs who “know what they own”.
Don’t take my word for it;
Go look for yourself at the laundry list of investors who’ve been here since SFOR got its brand new ticker...OVER A DECADE AGO.
Happy New Year.
Amazing gap at the open.
Just a fun ride. Loving every uptick with PHOT and MJNA
CASH COWS
Lol
That’s pretty stupid.
You’re assuming Mark can do something that’s effective.
I guarantee it’s costing him 5 X revenue to run his little band of SFOR bandits
They’ll all be paid with SFOR stock...but it’s a Patent play so it’ll all work out for them in the end
Ummmmm
Hey
Do you know how to value a stock ?
Like, seriously?
SFOR?
You’ve gone to a Liqour store and bought a lottery ticket and now you’re trying to explain to all of us why your lottery numbers are legit.
Dude...
Here’s the facts:
Your lottery numbers;
11 million in debt (closer to $12 million)
Never ever ever saw a profitable year
2.4 BILLION SHARES
I REALIZE you’ve bet the farm on this play but Mark Kay is only alive to screw you.
When he was at JPM..that was his job.
Take your money
Make a small percentage his...and turn the rest over to JPM
This IS HILARIOUS!
I’m so happy that SFOR is falling.
SFOR is proving that OTC markets work.
When SFOR was climbing it was a real head scratcher...
It was like “why?!?”
I mean their balance sheet is freaking terrible.
They have over 2.35 billion shares out in the “u-verse” and have never earned a single penny in profit.
The only thing SFOR had going for it was some lawsuits and now that those are gone with a appeal and a a stay for at least a year, SFOR is doing what it should.
Make no mistake folks: stock valuation is based on EPS. If a stock has ZERO EPS it’s worth $0.0001
End of story
I agree that he didn’t destroy anything.
SFOR was total crap from a balance sheet perspective long before Mark Kay.
@ $0.0050, based on the most recent quarter (MRQ) share count of 2.35 billion shares, SFOR has a market cap of $11,750,000.00.
I’ve asked readers before to REMOVE lawsuit settlement valuations. Some investors did, some refused.
With an appeal pending and a stay pending, it would seem that SFOR has now forced EVERYONE to remove, for 12-15 months, settlement valuations.
So I ask;
If settlement valuations are removed and SINCE THERE IS NO 8K giving any merit of “big deals and big revenue claims”, then SFOR should once again be valued ONLY on its MRQ.
Growing debt: 11 million
Current total assets : 1 million
2.35 billion shares
MRQ Revenue: $76k
Total cost of revenue and operations: $402K.
Loss: $329.6k
SFOR if valued ONLY on assets based on a Per Share valuation: $0.0004
SFOR valued on assets plus debt on a per share basis with $76k in revenue from the MRQ: < $0.0001(less than $0.0001)
What I’m saying here is that the above numbers are fair value. Everything above those numbers are artifact valuations of settlements, buyouts, big deals and small deals and big revenue valuations that simply have never shown up on the balance sheet.
I believe that without concrete evidence of big deals (8k), or massive increases to revenue (8k) or some massive press release pump effort that SFOR’s share price will gravitate towards fair value.
I believe that Mark Kay is misleading current investors and potential ones with his never ending “next quarter” or “early next year” or “2018” “PROJECTIONS”.
Mark Kay didn’t destroy anything...he simply was given something that was already bad and through piss poor management helped make what was bad get worse.
No one can deny that anyone who bought SFOR 10 years ago is worse off today than they were. Only active traders have prospered here. Anyone with a buy and hold mentality over the years have sat through billion share dilution events and 4 reverse splits. Anyone who “bought and held” is worse off...to hear mark tell it, he’ll tell you that last year SFOR was in the trips and look at them now.
Only active traders have navigated this. I guarantee there are investors here who bought SFOR years ago and haven’t traded it since and they are far worse off today.
Big deals are signed?
If they’re big enough, they’re Material to shareholders and THE SEC MANDATES THAT AN 8K be filed within 3 days (an 8k can be given a 4 day window under special circumstances)
Big revenue that “we just don’t know about”???
The SEC MANDATES that if it’s a material change to the company financial structure that THEY MUST FILE an 8K!
Anyone who tells you here, or wherever they are “hanging out” that there are deals and revenue and we will see them in April for the 10K is just either lying to you or simply are repeating lies they were told as truth because they don’t know any better.
There is no wiggle room here. If a material event has occurred and if SFOR is SEC compliant (Mark Kay has said they are and I believe him) THEN THERE MUST BE AN 8K or else it’s all message board HOGWASH.
I will wait for an 8k. I will not say “I’m a buyer in the $0.004’s or $0.003’s, or $0.002’s” because without a press release and accompanying 8K the risk is too high that as the share price retreats to 2016 lows that SFOR will be forced to reverse split again.
Lol...
I’m pretty sure that when the “Long and strong”, “know what you own” crowd had hoped for a Christmas present from Kay, SFOR @$0.005 or less wasn’t what they had in mind.
Look at it this way:
Everyone wanted a Christmas present from SFOR...well, I’d argue that even though a lump of coal isn’t much of a present, it’s still technically a present.
You know who is getting a present from SFOR’s dilutive convertible promissory notes in 2017?
The note holders, that’s who.
People running around saying 400 million shares over the last few weeks is “tax loss selling”...
Haaaaaa
LMAO.
SFOR will let anyone believe anything as long as it steers investors away from their shovels and digging deeper for the truth.
Lol...
As I wrote this, $0.0048 hit.
Mark Kay?
He knows why SFOR has lost over 50% of its Market Cap in two weeks.
He will let investors conjure up tax loss selling, naked shorts, shorts, day traders, or any other phantasm as long as it keeps people from looking at or asking about Q2, Q3, and Q4 dilutive financing.
SFOR’s most recent Q said they had $900k left.
SFOR burns through about $500k per quarter.
Do the math...
Does anyone here really think SFOR has enough cash to survive past q1 of 2018 without some very creative and possibly dilutive financing?
Oh sure... if you listen to Kay, you need patience...
Think about it; with the right amount of patience you’ll get to ride SFOR into the mud with Kay.
If anyone reading this actually believes that SFOR has large enough deals in the pipeline to sustain their costs of revenue per quarter, I’d suggest they HANGOUT elsewhere. At least there, you’ll have your heads buried in the sand with the rest of them as SFOR proves they’ve resorted back to dilutive debt financing.
Trips?
Well... just this morning a ihubber posted he’s out til $0.0040’s. Another ihubber exclaimed “good luck with that”.
SFOR came within $0.0002 of seeing $0.0040’s today and without really positive news, SFOR will see the $0.0040’s and below.
Why?
Because a year and a half ago, SFOR had no cash, no meaningful revenues, growing losses and debts and they were trading at sub $0.0010 (the trips) levels. Without some kind of dramatic revenue, there’s no reason to believe that SFOR can’t revisit the trips.
Trip to the Woodshed, meet Strikeforce. Strikeforce, meet Trip to the Woodshed.
This is what happens to ANY STOCK where the Company Executives fail repeatedly to meet any of their stated goals...goals which in fact appear to be nothing more than blatant pumps designed to keep investors and attract new ones with zero intent of goal achievement.
Mark Kay...
If Kicking the Can Down the Road were an Olympic sport, you’d be the Micheal Phelps of the event.
I’m wondering if his arm ever gets tired while he dangles a carrot in front of investors year after year.
DILLY DILLY...
Does SFOR’s Pit of Sorrow at least leave the “long and strong” and “know what we own” with enough spare change for a Bud Light?
Dilly Dilly!
SFOR Longs know what they own alright:
1.) they own fractions of the profit they once did
Or
2.) they own substantially more losses than they’d imagined
What’s today? December 12th?
Seems like Mark Kay is running out of time for his April, May, June, July, August, September, October, November “PROJECTIONS” for 2017.
Oddly enough...
When Mark Kay was excited and full of projections for 2016, he ran out of time for those too.
WHO REMEMBERS when SOOOOO MANY longs were drooling for the 2016 10K?
Remember? Mark Kay had said the 4thQ and year end revenues were great?
And what happened when the ACTUAL NUMBERS CAME OUT?
Q4 WAS ABSOLUTELY BLISTERINGLY BAD. SFOR’s stock has never seen those dizzying valuations ever since.
“Excited”
“Very strong”
Just a few tweedle-dum-tweets from Mark Kay regarding SFOR’s 2017 “projections” that don’t seem to have any resemblance to actuality here.
You know, it’s one thing, to in good faith, make projections about realistic opportunities for your company.
It’s an entirely different thing to make projections year after year that never materialize. It’s almost as if each year, a CEO who does that, is intentionally attempting to lure in any fresh blood he can.
Good luck with that
No bob...
Hey, I guess we are neighbors
I live in San Diego too.
SFOR has revenues. They’ve just never had a profit.
SFOR will not stop at $0.0040
A buy at $0.0040 is ill advised.
Mark Kay?
He’s literally “scrubbing” SFOR tweets. He’s erasing them.
He flat out lied to one twitter user and said deals were signed and done
That particular tweet no longer exists.
That’s what you tell yourself ?
Really?
Hey
Ummmmmm
JIMMIE?
Do you know that there are 2.4 BILLION....
EFFING FREAKING MOTHER TRUCKING BILLION shares out there.
Take 2.34 billion shares.
Divide it by what you actually own “no need to enter a pissing contest...just do the real math”
Nobody is struggling for SFOR shares bro...
They’re like leafs blowing in the street...I can grab as many as I want.
Here’s the best part.
I don’t feel bad for you or Shalley or anyone else who’s taken the time to PM me and tell me how evil I am.
I’m not evil.
I’m a trader.
I trade for profit...not loss.
I recently bought a family a car with profits from effectively trading.
Pure donation. I even bought one year worth of car insurance (my attorney said I should)
So?
You wanna keep listening to the “rah rah rah, lawsuit in the bag and SFOR is worth $8 billion Pom-Pom crowd”
Do so at your own peril.
Want to hear something funny?
I called Mark Kay today.
Wanna know what he said?
He said that they lost the “big” deal for the year.
I don’t know what that means because I don’t know what the big deal was versus the smaller deals...
But he said they lost it.
Maybe that’s why SFOR is tanking so hard.
I believe Mark should issue a press release.
If shareholders were anticipating a “big deal” and SFOR lost it...I think they’d pull financing.
But what do I know
Lol @ 52k
Well
I’m sure the other half got filled now...
I love retail... they’re always buying when you’re selling.
FYI:
I’ve got 1.234 million more shares to sell. Sold nearly 5 million since yesterday...
Loosen up those purse strings and buy
Nope...
Other cases will be stayed as requested until an appeals process for the SecureAuth is given a final entry.
http://www.businesswire.com/news/home/20171206005906/en/Knobbe-Martens-Secures-Victory-SecureAuth-Corporation
This is just proof that so many people who don’t know enough to have an opinion will offer their opinion anyway.
This article...it’s a few things all in one:
1.) it’s a template for SFOR to follow so Mark Kay can learn how to write a proper press release and release it in proper channels to reach the largest audience.
2.) it’s a very clear indicator to anyone who hangs out in other investor hangouts are actually damaging themselves and their knowledge base by removing posts which serve to enlighten.
That article was posted elsewhere for other investors and immediately removed...apparently because there were no pom-poms in the article.
3.) These lawsuits WERE NEVER the slam dunks that some have asserted. This request for a stay from Duo will be followed by others.
SFOR?
People need to never disregard company fundamentals in exchange for hype about Lawsuit outcomes. If the lawsuit outcomes don’t go in your favor, the fundamentals will determine the price of the stock
Let’s assign proper values here
I own shares.
That means I’m a shareholder.
I am not an investor.
I do not believe I’m investing my money in SFOR’s future.
I’m buying shares at a low price and hoping to sell them at a higher price.
SFOR is a POS company ran by a con man.
Trade it at will, get Long and invest at your own peril
Why?
Why isn’t SFOR a POS?
Answer these critical questions;
1.) Under one name or another, how long has SFOR been publicly traded?
2.)Has SFOR ever had a profit on revenue?
3.) how much debt does SFOR hold?
4.) how much assets does SFOR hold?
I believe in my heart that wise men and women exist. If you approached a wise man or woman and tried to sell them SFOR, I believe that wise man and woman would kindly turn you away because they’d see the scam.
But you feel free to keep holding SFOR...I pray you meet a wise man or woman one day
Does the RSI also show that SFOR is trading at a $23 million dollar valuation and has never ever ever once ever had a profit on revenue?
SFOR is worth $0.0001
“Ohhhh the lawsuits”
Uh-huh...
You mean the lawsuits that our esteemed legal firms are losing to?
“Ohhhhh but a buyout”
Uh-huh...
You mean the buyout Mark Kay has been yammering on and on about for the last 10 years but hasn’t happened?
You keep following the RSI on a penny stock that’s diluted shareholders over and over and over again for the last 17 years and forced “Long and strong” shareholders through 5 reverse splits.
At this point, it’s entirely possible that you could have bought SFOR as a young married couple and now have your kids buying the same worthless shares based on the same promises Kay told you when you were young.
SFOR: Mark Kay is a liar who serially misleads every generation of investor.
Trade SFOR.
Buy some when you think it’s low and ahead of a little catalyst.
Buy the rumor and sell ahead of the news.
Do NOT fall in love with this story and sit through red day after red day and watch losses grow or watch profits on the trade shrink.