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Dgross
Inferred sarcasm ACCEPTED.
Look:
I'm long SFOR. I own 3 million shares at $0.0063.
Now that is out of the way I'll offer this:
I told you, and others, that SFOR is over-valued. Why? Because it is.
Based on all known facts, SFOR is over-valued.
You don't like the message? That's fine, but it doesn't change its truth.
If doctors (plural, meaning you've gotten second and third and fourth opinions) tell you that you have cancer, you don't have to like the message but you have to accept it as fact.
FACT: SFOR has ZERO earnings per share.
FACT: SFOR has a "N/A" for a Price to Earnings (p/e)
FACT: SFOR has at least $4.5 million in debt (more likely a total of $9 million in total ($4.55 in debt plus unknown interest debt that they don't pay)
All of that said...
There's hope.
And we are all paying a premium for hope right now with SFOR, including me at $0.0063.
Much like the cancer patient would have hope and invest in any cure, SFOR investors have cancer...debt, no earnings, etc but are willing to pay a premium for hope that the cure (lawsuits, partnerships, licensing deals...etc) work.
My intent is not to get you or anyone to buy or sell.
All I am doing is writing why I buy, or why I sell, or why I wait to do either of the two.
No...
The share price is not undervalued.
It is overvalued.
Based solely on fundamentals, SFOR is trading at 8x value.
If you add in all the crap posted here sure, I guess if any of it is legit, SFOR may be valued at par...
The assumptions that the BS Posted here is legit, can be costly assumptions.
We know there's no press
We don't know if SFOR will win any lawsuits... we don't know if SFOR has inked any deals beneficial to shareholders
We don't know any of it...
What we know is that SFOR has 2.3 billion shares, they've got less than a million in cash, they've got debt...
SFOR is overvalued.
You can buy it and hope that any of the nonsense posted by anonymous posters is true and if it is, you'll probably make money.
But if you buy a stock that is fundamentally overvalued, you're most likely going to lose money.
Here is an easy to read SEC filing deadlines calendar put out by HBS(I've no affiliation).
http://www.edgarfilings.biz/calendar/calendar.pdf
The calendar explains that if a Co. K or Q ends on this date, then the associated K or Q is due on this date.
The calendar, while not listing each federal holiday, takes into account each federal holiday.
For example, the calendar states that if a company's year ended on 12/31/2016, then the corresponding 10k is due on March 31st.
If that company files a NT10k, then the company's reporting date is April 17th. The SEC has "SEC holidays" AND ALSO RECOGNIZES FEDERAL HOLIDAYS which is why two different calendars may not have both federal and SEC calendars on them.
Save the calendar and print it out. It'll help with the whole Pan Pam dilemma.
Here is a second calendar with SEC holidays for 2017. It also has a handy due date calendar. All you do is enter the type of filer, the end date of the quarter or the year (SFOR's year end is 12/31/2016, and they are a "Non-Accelerated filer), and enter which form you're seeking the deadline for.
Feel free to share these links with anyone who may still be confused.
Lol @ SFOR today...she'll break your heart every time. Such a rosy day yesterday...and today...lol.
Let's go guys!
Let's slap that ask!
Don't miss the train!
Don't miss the bullet train!
Don't miss the boat!
Back up the truck!
Pull the trigger!
Avoid future regret!
You'll be sorry if you don't buy SFOR here!
Hurry!
Cmon guys and gals...step right up to future riches !
Take a chance! This here is a lottery ticket (odds are 330 million to one)
Pay off your car and house...
Buy a boat!...Then fill that boat with SFOR shares and then don't miss your own boat!
Let's go folks!
SFOR only has $4 million left in debt (false)
SFOR gets money from MSFT (false)
SFOR is on the lips of General Mattis (false)
SFOR can cure cancer and keep your smartphone porn stash safe (false)
Let's gooooooo SFOR!
Lol...
You say that as if to discredit the value of what's been written?
$0.0058 should hold?
I'd love to hear your specific reasons as to why?
Why should $0.0058 hold?
There's no freaking support at $0.0058.
There is support at $0.0056.
I've used $0.0056 as a reference price in the past.
When $0.0056 broke down, the $0.0053's (another price point I've used) held and I bought then started selling once SFOR couldn't get over $0.0079.
Here...SFOR is at $0.0060.
I guess we will wait and see if your $0.0058 holds.
I'm a betting man and I'm betting it won't because you pulled $0.0058 out yer rear. There's NO SUPPORT THERE.
Anyway...
Have fun.
Never invest with more than you can afford to lose...if you follow that rule, there will be far less whining going on.
It's a no-brainer to not hold either, genius.
It's not rocket science...
SFOR's most recent high was $0.0080.
When it ran again last week to $0.0079 there's no argument:
It set a "lower high".
It could not get above $0.0079 and it didn't get above $0.0080...
Heck, it didn't even have an ask at $0.0080.
Since then, it's just lower and lower and now it's back in the low $0.0060's
And guess what's next?
A test at $0.0056.
Same as last time.
And if it breaks through $0.0056, then a test @ $0.0053.
If it breaks below there...
Well...
Then say hello to the $0.0040's.
It ain't rocket science.
It's an OTC penny stock where "selling is the name of the game" in between catalysts.
At some point, in between catalysts, you start accumulating BUT YOU CERTAINLY DO NOT ACCUMULATE AS IT'S FALLING.
You accumulate once it has stopped.
So...
Why won't Kay release a PR?
Because he's no dummy:
He's asleep at the wheel... but he's no dummy.
He knows a stock is worth two things:
1.) whatever someone will pay for it
And
2.) Book value.
By the book, SFOR ain't worth $0.0010.
If you add up patent portfolios, cash on hand, revenue, lawsuit hype etc, SFOR ain't worth $0.0010 if it were broken up and sold to the highest bidder because their debt outweighs every asset.
(Don't take my word for it... listen to the OTC markets and watch them constantly try to bring SFOR to book value)
The current price?
Yeah, that's the first value...it's what people are willing to pay for it.
Well...guess what? The people are wrong. They're buying a show because supposedly someone famous wore it...and that's it.
People are buying SFOR because of potential value...but the stock is constantly trying to seek real value...book value.
Kay knows he can't release a fluffy PR because the SEC or FINRA will slap his wiener.
Good luck to those of you who claim to have bought "milly" at $0.0068 yesterday or bought "milly's" today.
SFOR has broken downward.
It's my bet that it's headed into the $0.0050's.
Spare me the whole "you're a POS who will miss the train"
Miss one train...miss one flight...miss one take off or launch...you simply catch the next one.
Bought 3.3 mil in the low $0.0050's last week.
How exactly is selling in the high $0.0070's a mistake?
Also...
Not selling all of 3.3 mil.
Def selling a big chunk?
And if you don't mind...
I've followed and read your posts, you can save your investment strategies for others...I do just fine.
Awwwwwww
Poor Diego...
My key SFOR level to crest is $0.0080.
Why?
Two weeks ago when SFOR rallied from the $0.0030's and $0.0040's it stopped, seemingly for no reason, at $0.0080 and began its descent to the low $0.0050's.
This morning, SFOR, climbed and rose to $0.0079.
That's a "lower high" in anyone's book.
I'm a seller.
It's been a wonderful trade.
"Maybe if it were more promising"???
You're freaking kidding right?
There isn't a single OTC stock out there with the potential of SFOR.
You should know, from my posts that I'm a huge critic of Kay.
Half the time I think he's asleep at the wheel and most of the rest of the time I think he moves goal posts on shareholders.
All that aside, SFOR has a laundry list of catalyst where if just one, or (heaven forbid) more come to fruition, I can see SFOR easily cresting over last years high water mark of $0.025.
The biggest problem with SFOR is that Kay has a knack for not striking while the iron is hot.
SFOR sees single sessions or strings of sessions where the stock is on fire to the upside and can't seem to generate any news that maintains the momentum.
Penny stocks being what they are, without continuing momentum, they fall.
As always, I'm not suggesting a pump and dump scheme by Kay, but he's shown little in the way of being capable of stoking any flame beneath any SFOR share price rise.
He's not in charge of day to day pricing, but he is in charge of the general direction and health of the share price.
When enormous volatility takes over the share price, it is his job to stabilize the volatility. A healthy share price does not swing up nearly 100% and then get cut right back in half...that volatility isn't representative of a healthy share price and it proves nearly no faith in the health of the underlying company.
So yes, Kay is directly responsible for creating a healthy stock and because he doesn't do that, I remain critical of his leadership.
But as far as "more promising" goes...
If Kay were to provide just one or two stabilizing 8k's or press releases, SFOR would realize the promise that you and others seem to bemoan daily.
I have a shotgun you can borrow...
Just have your mom wipe her off when you're done with it.
For the record...
I traded SFOR for nearly $300k in profits last year, and I'm looking to best that number in 2017...so...your $12.00 estimate is a little off.
Buying and adding SFOR here today, and tomorrow.
Reading some responses to my post I'm doubtful of ihubbers ability to actually read (seeing as they can't spell) let alone comprehend what had been written.
Ihubbers can clearly see in my post that I've stated I'm adding today, and tomorrow...
ADDING!
Buying!
Not selling...
And for the record, I've no friends here and if I take your money, it's because I'm better than you. Nothing personal...
It ain't like you're using your money to save pigmy children in Ghana or some other worthy cause.
For every person who walks away with a profit in Wall Street, another person went home and explained how they lost money.
Money on Wall Street doesn't come from some innocent well...the profits you take home came from someone who lost.
I'd suggest you get comfortable with that and quit taking it so personally.
If you win big on SFOR, someone may actually go home and eat a shotgun because they lost big.
It's the nature of the beast.
Enjoy.
I'm a huge critic of SFOR's Mark Kay.
Don't take it personally, I'm a critic of every CEO.
I'm always looking for reasons to not buy a stock, not reasons to buy it.
There are 100 reasons to buy any stock...it's my job to find the one hidden reason why it should be avoided because that's the reason your position will lose you money.
SFOR?
SFOR should be higher. SFOR should be lining up gain after gain, but they're not...and the question is "why".
SFOR will not see the $0.003's...I wasn't too surprised to see it fall into the $0.004's but was more than happy to see the $0.0046's not get touched.
What we will see when the Q1 comes out is that SFOR had some stock conversions. We won't see much of any of this in the 10K, but a month later when the Q1 comes out, we will see some conversions.
That's what most people here are not factoring in. It's dilutive, and it puts pressure on the share price, but you gotta ask: Why now?
Why are people clamoring to convert debt into shares?
A bigger move is coming...SFOR owing them money is one thing...converting that debt into shares ahead of a big upward move is an entirely different thing and enormously profitable.
When you decide you want to respond to this post, just archive it until the 1Q is out...you'll see I'm spot on.
I'm also, for the record, a buyer.
Adding 3.75 million shares between today and tomorrow.
You should be a buyer too...
Hate SFOR?
Fine!
Love SFOR?
Fine!
Just do yourself a favor and trade their stock and make money.
People who don't own SFOR or trade it are about as useful as impotent men watching porn.
Lol...
kay: hey... we should do a interview.
Kay: how would we pay for it?
Kay: with shares of course.
Kay: do we give them shares up front?
Kay: either shares or convertibles...it's all the same, because no matter what, they'll want them steeply discounted.
Kay: Okay. During the interview, should we forget names of lawsuits, be vague about deals and make sure we don't get asked why we didn't come through on 2016 deals and how we are running out of cash?
Kay: Duh! He can only ask us questions that make us look good.
Kay: sounds good to me. You know Kay, we aren't good tho right? You know we are running out of cash, and we've let 2016 go without any supporting deals for 2016. This could spell trouble for investors. Should we let them know?
Kay: No! DUMMY! One more question like that and you're fired!
Kay: But I'm you...you can't fire me without firing yourself.
Kay: what?!?
Where am I? Am I the walrus?
Kay: SHOOT! SFOR is doomed. It's CEO thinks he's the walrus.
I'm not sure it will hit either...
All I'm saying is that it's been an area of interest for a while now.
Two time in recent history, SFOR climbed to $0.0056 and was rejected only to go lower for a brief period...
Similarly, it's dropped to that range and bounce...
It's a resistance/support line that has my interest.
SFOR has no shortage of similar areas on the chart.
Our current price is closer to this support line than any other so I'm watching it.
If it hits it, and appears to look ready for a bounce, I'll buy.
If it hits $0.0054/$0.0055 (which is clearly a bid/ask landscape below the $0.0056 support line) then I'll consider support broken and wait for the next support line in the $0.0040's.
I'm not saying it's going to fall...
I'm just outlining what I'm looking for.
For the record...if the bid/ask only never even gets close to $0.0056, and stays above $0.0057 I'll be happy and consider it a proven support line.
You don't have to hit a support line...you just have to fall and not cross below it.
Watch that $0.0055/$0.0056 line for your best price today.
Am I saying it'll hit $0.0055/$0.0056 and bounce off of that? Yeah..I guess I am, but nothing is certain.
It's an area that has my attention and it's where I'll be looking to repurchase the $0.0070's /$0.0072's that I sold yesterday before I run to higher prices that I'm anticipating over the next few sessions.
Hey Sum,
Had he used the word "benefitting" instead of profiting, I think his post would be better received as accurate.
SFOR is benefitting from an increased awareness in the Cyber Space.
I have no doubt that SFOR is selling more products on a retail level than, well, probably more than ever before.
I do believe that SFOR is "working on" deals.
The problem here isn't profitability, the problem is transparency.
You see, we can all look at the 2016 Q, and in each, sequentially, you'll see revenue bumps of approx 50% QoQ.
One could surmise, that if SFOR continues seeing revenue bumps of 50% or greater, that they'll actually report break even results when they report Q2 2017.
Am I saying ANYONE should park their money here and wait 7-8 months for the Q2?
NOPE!
I'm not even suggesting a "buy the dips" strategy here because more likely than not, even if you buy the dips, you'll have to average down.
I can't suggest a buy rating because SFOR has absolutely zero transparency.
Why is it that Kay hasn't talked to investors for months?
Why is it that, through channel checking alone, assumptions are made that sales are climbing? Why can't Kay come out and say Q4 was our best Quarter? Was it? If it was, then a press release is NOT PUMPING. Stating a fact that just so happens to firm up or lift the share price is NOT pumping.
Where are these deals? Do we need the details? No! Kay has been talking about deals for all of 2016 and we have yet to see one single deal that was to the benefit of shareholders. We've seen revenues climb, so they're must be deals, but where are the "big deals" and "big partnerships" that he's repeatedly alluded to through all of 2016 and is reported to be alluding to so far in 2017.
Lots of traders won't sell the highs because they don't want to "miss the boat".
It's a fools ideology that they'll sell today, and SFOR will be at $0.01 the next day...it's thinking like that, where a stock is falling, that turns losses from a few percent, to 50% losses or more. The next thing you know, your beloved stock HAS TO have a 100% or greater move, just to break even.
Revenues are growing. They've kept costs of revenue in the $400-$550k area for all of 2016. If they can keep the revenue growth, they'll post a break even quarter.
The problem isn't YoY or QoQ revenue growth...
The problem is that their cash reserves are shrinking and investors have ZERO TRANSPARENCY from SFOR as to what they're going to do once the last shiny nickel is spilled out of the coffer.
I don't hold Kay to some lofty level where he needs to be issuing press releases every week or month...but let's face facts, other than some article in a poorly circulated online article and you tube videos def aren't helping investors see any firmament in the share price.
Let's not forget, that SFOR will show that they have less than $1 million in the bank if revenues don't top costs and we see a similar cash burn through Q4 as we did Q's 1-3. When they report the 10K, and investors see cash levels below $1 million, assuming SFOR is still in the $0.0030-$0.0040 range, it'll mean they're trading at 8X cash...and that's a pretty high price to pay for any stock, let alone a pink sheet.
Seriously laughing out loud...
SFOR and the DOD?
Do you guys think the DOD is just wandering around thinking they don't need any cyber security?
So the NSA, FBI, DHS, CIA, DOD, DON, USAF, USA, USMC, don't have a clue, right, and they're hoping SFOR comes and saves the day?
Oh?
SFOR is red today?
Weird!
I wonder why they're sinking?
Could it be because they've never turned a profit?
Could it be because Kay has NEVER ONCE come through on a licensing agreement that's been beneficial to shareholders?
Weird!
ha ha ha ha HAAAAAA
flippers?
Consolidation?
Tax loss selling?
Shorts?
Day traders?
Manipulators?
Market makers?
Have I missed anyone?
It couldn't possibly be that SFOR is trading at 12 X cash and has no profit right?
It couldn't possibly be trading at $0.0043 because Kay has never delivered on a single profitable licensing deal, could it?
I don't hate SFOR... I actually like them.
They're terribly over-valued @$0.0043.
They've got debt they cannot pay.
They do not have a profitable quarter EVER!
They write themselves pay packages anyone would be envious of...on the backs of shareholders.
SFOR isn't red because of any of that stuff tho right? They're red because of manipulators and you're gonna hold long and strong because you know what you own.
Too funny
Hello Sfor'ers.
It's a given that many of you scour the Internet of things searching for any carrot to hang in front the "long and strong" burro.
While you're all searching the Internet and writing letters to Santa, I have a few questions for you.
1.) Has SFOR ever produced a profit?
2.) With no profit, and excepting the MSFT handout, how has SFOR survived all of these years?
3.) Has SFOR ever done a reverse split? If so, how many?
4.) Has SFOR ever signed up for the most toxic and dilutive debt that any company can sign up for? If yes, how much of that debt was assigned to shareholders versus executives?
5.) Has the CEO made any claims that never came to fruition in the benefit of SFOR direct investors (shareholders)?
You see, you all can pat yourselves on the back all day long. Stroke each other all night long. You can link this to that and that to this as much as you want.
The fact is that SFOR, is widely ignored and the share price is falling.
It's falling because the questions asked above all prove that SFOR, after what? 14 years in business, has never produced a profit, has relied solely on shares to survive, and until the MSFT handout, would dilute, reverse split, and repeat as often as necessary.
As far as Kay goes?
He needs to try a simple practice:
Understate, and over-deliver versus his status quo of over stating, and not delivering AT ALL!
Lol...
Optimism
Pessimism
Who cares?
FACT is that Kay is asleep at the wheel.
I'm optimistic that I'll get SFOR at better prices than you.
Why?
Because while you're busy writing letters to Santa, I'm a trader.
As a trader, I see a company with zero profit trading at 12X cash on hand.
As a trader, I see a company who's CEO has made claims of "big deals" year after year that have never once come to fruition, or at least never been to a shareholders benefit.
Santa can't help you now...he's nearly a year away...just as Kay's claims of "big deals" seem to be
LOLOLOLOLOLOL
@ CONTRACT NEWS!
The latest news on contracts is back in March 2016 when Kay said 2016 they'd be signing "big" contracts...then later in 2016 he said towards the end of 2016 and added that "these things take time". Then at the end of 2016, he said 2017 would be the year they signed some big contracts.
And there is your latest news on contracts.
Apparently, in Kay's universe, contracts and tv commercials take years to generate.
I remember September of 2016, he'd told investors that the tv spot or commercial was on the editors desk and going through legal... lol...
If TV commercials or LOLOLOL remember this spool of spun yarn "we are doing a sales network" and all the buzz was that they were doing something with HSN or QVC ....NEVER MATERIALIZED...
If tv commercials actually took 6 months to make.... LOLOLOL that'd be a crazy world.
You'd think that Kay and his crack team of marketers could whack out a commercial in a week or so. I mean, entire episodes of Game of Thrones take one week to shoot!
Yet Kay and SFOR can't bang out a simple commercial in MONTHS...
So... your update on SFOR contracts?
My bet is mid 2017 we'll be told "late 2017" and late 2017, anyone still here will be told "2018 will be our year"
JUST LIKE THEYVE BEEN SAYING FOR A DECADE NOW
!
Yeah yeah yeah...
Heard it all before.
Hey?
What flavor is the Koolaid?
Cherry is my fave...but I've sworn off Koolaid for about 20 years or so.
FACT:
In early 2016, Kay outlined a 2016 strategy. In it, he included large "deals".
None of those deals came to fruition.
In late 2016, Kay moved the goal posts and it seems like not a single shareholder noticed.
The 2016 "deals" were moved to 2017.
The 2016 commercial was moved to 2017.
If SFOR wants a single professional penny in investment cash, they need to actually start announcing results.
Otherwise, that lil run to $0.0056 is just a precursor to a fall back below $0.0030.
Kay needs to put up or shut up. As far as G. Waller goes...I got a lil something that ought to fix his uneducated accent.
You're joking right?
Did you even look at the schedule of pay structure SFOR voted themselves?
This ENTIRE YEAR of "salaries" is fully funded by shareholders!
SFOR has revenue. SFOR's revenue has grown QUARTER over quarter...
BUT THEIR REVENUE INCREASES DO NOT SUPPORT THE SALARY INCREASES THEY VOTED THEMSELVES.
To be honest...
When I looked at SFOR this am, and it was at $0.0037...I wasn't at all surprised. I also wasn't a buyer.
When SFOR climbed (with following volume) to $0.0045, I was surprised.
To see it back at $0.0041 right now...not surprised.
I wouldn't be surprised if SFOR closed red today and I wouldn't be surprised if $0.0045 is the high of the year.
I fully understand what SFOR is trying to do, and what they're trying to become.
But to vote yourself these enormous pay raises based solely on the backs of you investors?
That's when I said "nope".
You all can write all the letters to POTUS or congressmen or senators that you'd like. You may as well write a letter to Santa...they're the same ideology.
You all can talk about lawsuits and buyouts and revenue gains.
Talk about it until you're blue in the face.
You all can argue with "her" and "him" and me for that matter as to why we are bearish SFOR stock.
The fact is this:
These guys voted themselves enormous pay raises and compensation packages AND THEY HAVENT DELIVERED A REVENUE THAT SUPPORTS IT!
Look...
Let's say you want a pay raise...
You deliver at work...and you get one.
But as soon as you start giving yourself a pay raise each month from your credit card you're making a huge mistake.
SFOR has done exactly that.
They've voted themselves a pay raise. They'll get it.
But it won't be from REVENUE and it won't be from delivering.
Their pay raise is coming right from SHARES.
The reason SFOR stock is struggling isn't because they're diluting RIGHT NOW. They're struggling because they will dilute.
They've voted themselves pay raises and compensation increases that haven't been backed by revenue.
This stock is a solid "avoid".
If I owned it, I'd be selling it.
Nobody knows a good con man.
People know of bad con men...or good ones that got bad.
But nobody knows a good con man, because by definition, the con man is successfully long gone before the con is uncovered.
I suppose, a good con man even gets well wishes from his marks.
I'm sure Mark Kay is just tickled to get well wishes from the very people who are paying his salary...the very people who clearly are going to keep paying it through those dilutive and potentially toxic 2017 SFOR pay packages.
Lol,
SFOR is a freaking train wreck.
Did Kay really just move the goal posts on the "long and strong" crowd without them even noticing?
So, let me get this straight...now, those very BIG deals that he's been telling everyone would happen in 2016 have been pushed off to 2017?
He's been talking about lucrative agreements all year... literally all year.
As we edged towards 2017 all the sudden the rhetoric changed from "in 2016 we look forward to signing big deals" to "deals take time", and finally to "in 2017 we are going to..."
Oh....
And that nifty TV commercial that never happened?
What was it?
It had to go through editing or whatever to make sure they're all legal? Lol... ENTIRE TELEVISION SHOWS ARE CREATED, POPULATED, FILMED, and edited in a single week or less...
But SFOR couldn't get a lil commercial off the editing room floor IN A WHOLE FREAKING YEAR?!?
But now I guess that commercial tv spot is coming in January 2017...just like it was supposed to be August, then September, well, maybe by late November.
Kay has moved the goal posts on SFOR investors.
Kay has done it for years.
That's why SFOR's stock sucks the last few weeks. Everyone waited and hoped this ONE TIME, Kay and SFOR would keep their word...and they didn't...so smart money sold...and smart money will keep selling.
Sure is nice that they voted themselves raises. The raises they gave themselves are coming right out of your trading account. Every dilutive raise they'll get in 2017, will directly hurt your account.
Call Kay and tell him from your family, to his.
I wonder if anyone here hoped day after day, that SFOR would go up in value ahead of Christmas and the new year?
Well, if you've held all this time, you're either in negative carry or you've watched profits disappear.
Call Kay and wish him a wonderful new year. It should be wonderful, you're all paying for it.
You're freaking KIDDING RIGHT?
Do you even know how to value a stock?
$0.0065?
Hmmmm
Let's see...
2.35 BILLION FREAKING SHARES.
Multiplied by $0.0065 gives SFOR a market cap of what?...like just over $15 million!
So yeah?...
Why isn't SFOR "hovering" at $0.0065?
I'll tell you why:
That price tag would mean SFOR does not have $9 million in debt.
That price tags would mean SFOR has a actual value of at least that amount...
And SFOR has nothing close to that...
To point a fact...SFOR should be hovering around $0.0005 if it were to be fairly valued with all the nonsense and hype removed.
See you there soon
Thanks Zpaul,
Yeah,
I already have the TA information.
Quick question for you:
Is Wall Street a forward looking entity, or a rear view mirror entity?
In other words Zpaul, Maronti, others:
If SFOR earned $100 million last year, would Wall Street invest on last years revenues, or would they invest on the prospect of SFOR earning more next year?
I think every reader here knows the right answer.
It's that old phrase "past results are not indicative of future returns".
Please go read the proxy info... specifically the table, in the proxy vote filing, which explains, quite clearly, options expiry dates.
You see?
If you actually went and read, you'd see that your claims that the share count hasn't changed is irrelevant...
It's not that it hasn't... it's that IT WILL!
Dramatically!
These guys at SFOR just recently voted themselves really nice compensation packages and they include shares, warrants, and options and they ALL START TO EXPIRE in early 2017.
You can call the TA twice a week or more right now if you want and you'll see that since OCTOBER of 2016 (their own proxy info states their share count to be at 2,995,000,000 shares and contrast that to today's share count of over 2.3 billion) that the share count has in fact risen...
BUT... as I've said before, that share count rise is marginal...so tiny it only accounts for a few sessions of trades..
The POINT, if you care to actually FACT CHECK YOUR OWN posts is this:
SFOR has agreed to dilutive compensation packages. These dilutive compensation packages start as early as January of 2017.
Wall Street is a forward looking entity.
They see the dilutive features and are pricing SFOR accordingly.
READ FOR YOURSELF.
Quit attacking!
Go freaking read it.
For the love of PETE!
Go freaking read it and quit looking so ignorant or dumb or naive!
Sheeeeeesh!
Go read the proxy info...
Quit telling me and others to "call the TA and see the share count now" when ALL I AM SAYING IS THAT ITS NOT THE SHARE COUNT NOW THAT IS BEING PRICED IN... ITS THE SHARE COUNT THAT IS COMING IN THE FIRST PART OF 2017 THAT IS BEING PRICED IN!!!!
HOLY EFFING SAKE MAN!
I swear... if a single one of you would actually read the proxy stuff...and see... and be like "ohhhhh I see what he's saying... he's saying that Wall Street is looking ahead here. Wall Street is concerned that exec compensation packages are in fact dilutive in 2017." I'd be spa freaking shocked...
I'd be shocked out of my pants if just one of you were like "ohhhh I see what he's saying"
But that won't happen...
One of you will accuse me of just wanting cheaper shares.
One of you will post links to the TA
One of you will tell me to call Kay.
And certainly one of you will send me a hateful lil private message.
Sheeesh...
Hey?!?
Enjoy averaging down.
Wall Street is pricing in several hundreds of thousands of dollars in 2017 exec compensation that comes directly from common shares, preferred shares, convertible notes, options for shares, and warrants.
THATS WHY THE STOCK IS FALLING.
Wall Street looks ahead...not behind.
Lol Dehart...
Have you even read the newest compensation packages?
They're filled with preferred shares, warrants for shares, and common shares?
Sheeeez Dehart?
I'd expect you to at least be smart enough to look at the compensation packages before accusing me of playing a game.
FACT:
SFOR's latest compensation packages are dilutive.
FACT: SFOR's most recent 10Q has several convertible notes remaining.
Either research before accusing me Dehart, or just don't respond, and feel free to ignore my posts.
Hey DEHART?!?
By the way...
This stock is trading at nearly 1/3rd a whole penny...
You don't know this about me, but I'd rather pay $10 per share for a company with proven assets and proven patents and proven CEO statements than pay $0.0034 per share for a company stock where the CEO has promised deals and agreements for years that have never materialized. I'd rather pay $10 per share for a company where the patents are proven legit than pay $0.0034 for a company stock where they've only won one patent suit.
The price tag doesn't matter to me Dehart... $10 per share or $0.0034 per share, as long as the company I'm investing in is a sound company with proven history I'll buy it.
To suggest that I'm writing something I can't prove as accurate, just because what Dehart? So I can save $0.0004 per share???? Well that's just ludicrous.
LOLOLOLOLOLOL
Love it when people make up random reasons for their stock going down...and then reassure themselves by telling themselves it's almost over.
This isn't tax loss selling...
350 million shares in the last 20 trading sessions?
SFOR is being diluted.
Read their latest compensation packages in the proxy/shareholder voting packets.
Read up on their liabilities from prior 10Q's this year.
SFOR cannot rise, because they're being diluted.
Today probably...
SFOR flirted with $0.0029 on Friday before "Robin Hood" came in and nabbed around 2 million shares in a "adding liquidity" free trade.
While his/her trades may have been free or even been offered a rebate, he/she still owns SFOR all the way up to $0.0037 and has lost at least 14% on the trade.
I'll say this...
I watched on Friday.
I was positive it'd hit the $0.002x's.
I wasn't going to buy if it did.
It's just that as this thing keeps dipping and getting closer to the $0.001x's, it becomes more attractive.
I believe that SFOR shares aren't worth $0.0005.
Oh the hype...ohhhhh the hype.
Take all of the hype out of it and what do you have?
You have a company with 2.3 billion shares, and a revenue stream that cannot pay off the interest on their debt.
Am I saying SFOR is going to $0.0005?
No!
What I am saying is that SFOR will start to look attractive as it gets closer and closer to the $0.001x's.
Lastly, I'll say this.
Friday's reversal off of $0.0030 all the way up to $0.0037 and a flat close had me hoping...
The only reason I'm even watching this stock today is because of Friday's reversal.
Turns out now that it was just one buyer who kept chasing his/her own tail higher, determined to buy 2 million shares.
Lol?
Did you actually just make that up?
Do you even know what a P/E is?
It's CALLED A PRICE TO EARNINGS!
As in "the price of a stock compared to their earnings"
SFOR HAS NO EARNINGS!!!!
SHEESH!
Revenue IS NOT earnings.
They have none!
Holy cow!
How much money do you lose investing?
They have revenue... $187k last quarter.
How much did that revenue cost?
Oh that's right... it cost them a half million bucks give or take.
Lol @ your 24X P/E multiple.
It's no wonder that so many people, SFOR "investors" included, lose so much money.
It's the same on every board as it is on the SFOR board...
People literally make up their own reasons to stay long when the actual reasons say "avoid".
Lol @ anyone who thinks SFOR is a steal at $0.0040.
Seriously... can you even try to value SFOR?
I have.
They're not worth $0.00050.
Get your calculator out (sure...feel free to use your calculator app)
SFOR has 2.3 billion shares.
SFOR reported $187,000 in revenue during Q3.
IF (and it wasn't) BUT IF, that was 100% profit, that'd equal $0.00008 per share.
(Go ahead maestro... use your calculator... divide $187,000 by 2,300,000,000)
It gets better...
That $187,000? Yeah...
It cost SFOR $450,000 to earn.
IT IS SO FREAKING HILARIOUS TO ME THAT THEY SPENT NEARLY A HALF MILLION DOLLARS TO EARN $187,000.00.
Oh...
Their debt?
That's too funny...
They literally owe themselves and everyone from financiers to the paper boy.
So?
You think SFOR is worth $0.0040?
Why?
Because of lawsuits?
Possible licensing deals?
Potential revenue increases?
I got one question for you:
If all of those things fall apart, what's SFOR worth then?
Because none of those three things are guaranteed.
SFOR has been around for what? 15 years?
Technically, it's been SFOR since 2010...but it was Strikeforce Technical Services from 2001-2010.
They've been promising license deals and buyouts and revenues and lawsuit income for their entire publicly traded life.
"Ohhhh it takes patience and I'm willing to wait years"...
Yeah... that's what every penny stock loser says and oh by the way...
Why don't you go find a 2010 investor and look them straight in the eye and say "it just takes patience".
He'll either knock your teeth out or keel over laughing.
SFOR at $0.0040?
Sure... buy it.
When you buy it @ $0.0040 be prepared to average down...because SFOR AINT WORTH $0.0040 or be prepared to wait, and watch it keep falling AND HOPE that when it finally stops falling to below $0.0010, that the next press release pump gives it enough juice to pop from $0.0010 to $0.0040.
Lol...
To think I actually used to think Kay was trying to do something here...like really do something big with this.
He's been telling anyone who will listen for years as CEO of SFOR that licensing deals are coming "and oh, they're big deals, but I can't give details" FOR YEARS.
He's been looking for a buyer....FOR YEARS!
sheesh...
IF YOU BUY AT $0.0040...you'd better be able to buy at $0.0030...because it's going there.
And if you buy at $0.0030 to average down your $0.0040's, then you'd better be able to buy in the $0.0020's and below....because if you remove all the hype about lawsuits and licensing and buyouts, SFOR right now is trading at 11X Cash On Hand.
Their most recent quarterly report (MRQ) stated they had $1.2 million in cash. They burned $440,000 in cash last quarter. This quarter is 17 days from being over.
When their 10k comes out, it'll show less than $800,000 in cash.
They're trading at a market cap of $9.2 million.
They should be trading at a market cap of $1 million which puts their actual stock value, minus all the promises and hype at $0.0003.
Insert a "see you there" smiley face here
Oh?
And you want expensive shares?
If you think a single thing I post makes this POS penny with 2.3 BILLION shares go lower...
Insert a "ydaf" smiley face here
SFOR share value is under $0.00050.
Anyone who buys this stock above that is rolling the dice in Vegas and hoping:
1.) revenues continue to increase before SFOR runs out of the MSFT handout
2.) lawsuits for patent infringement actually settle in SFOR's favor.
3.) some miraculous licensing deal (the kind of deals Kay has been yapping about for years now) actually materializes into revenue
4.) a buyout by some company dumb enough to pay off the $9 milly SFOR has in debt and pay for the $1.2 milly they have in cash.
If those 4 things turn out to be cons, then SFOR ain't worth $0.0005. It may take (at -4% average each session) a few weeks to get there...BUT THERE IS NO DENYING THAT ITS HEADED IN THAT DIRECTION.)
Welcome to Vegas
Insert a "place your bets" smiley face here
It's rough...
It's really hard.
It's just difficult to decide...who do you root for?
Do you root for the guy who wins no matter what?
Do you root for the seasoned player who gets it right often enough to make a living?
Do you root for the newbie who couldn't pick a hot stock out of lava?
Who do you root for?
Mark Kay is feeding longs to the wolves...
Don't believe me?
Check the chart.
Insert a "happy Friday, glad I don't own this yet" smiley face here.
Out of curiosity...
Do you guys, who begged, borrowed, or stole money from people tell them "any day now"
If you do...
You'd better gird up for next week when your SFOR is in the $0.0030's.
Yes!
They're diluting.
Read the 8k and preceding 10Q.
They've opted to use shares to pay for things like pay raises and stock incentives.
They're giving stock incentives to employees and it's coming out of your pocket.
Enjoy!
I swear... if half of you even actually understood my posts instead of just ranting about 1 item you didn't like in my post, you'd see that you were all told "SFOR IS GOING FRICKING LOWER"
And here it is...
On the very ledge of $0.0039.
What's it at right now?
$0.0041?
Where was it at last week?
Oh... $0.0054?
Who said it was going to $0.0040's last week?
Who said it was going to maybe below $0.0040 last week?
YOU LIKE COIN TOSSES?
How's that coin toss for ya now?
Insert a "smh" smiley face here
I'm going to clarify, Caruso.
I do say that Mr. Kay isn't "doing anything"...
I don't mean to say he's in some vegetative state literally doing nothing.
What I am saying is this:
His company market cap has fallen from $60 million to less than $6 million.
When a company share price falls from $0.025 to $0.0045, there are tools in a CEO's toolbox that he/she can use to stop the hemorrhaging.
Kay has deployed none of those tools. In that regard, he's done nothing.
I've stated time and time again, a good CEO has no time to babysit the daily share price of a stock and to point a fact, that's not even their job.
Their job IS 100% to steer the company WHICH IN TANDEM, steers the share price.
If you knew NOTHING more about SFOR than a 3 month chart...what direction would you think the CEO was steering the company.
Answer the question only after wiping away any other bias or opinions. All you have is a chart where you see a drop from $0.025 to $0.0045. What direction would you say he's steering SFOR?
When I say that Kay is doing nothing to provide firmament to the share price, I mean that SFOR was at $0.025, then began a long drop to $0.0045. In the interim, there has been a 10Q and a shareholders meeting. Neither of those events stopped the bleed. In the interim, there has been a 8k. None of the three things have stopped the descent. So...to that point, he's done nothing. There are things he can do, and I'm not talking about a pump n dump...there has GOT TO BE ONE LEGITIMATE POSITIVE THING he can issue a press release on. There has got to be ONE positive thing that's happened in the last several months... one hint at a deal, one hint at sales revenue increases, one hint and cost savings/cash flow stabilization..
One thing!
The funny thing is, I'm on the shareholders side here...if you own SFOR stock, I'm on your side.
I'm not trying to save anyone from losses or scare shares up.
I'm trying to open investors eyes and get them to open a dialogue with Mr. Kay that says "Mr. Kay, open your tool box, put on your work gloves, and deploy a tool."
I make no money if you or others make money or lose money...but I want you to make money. I want SFOR higher, not lower...it's just unfortunate that I see SFOR share price as likely to continue to drop, and for that reason alone, I must be against every SFOR long.
No! I'm only against ANY CEO who falls asleep at the wheel and DOES NOTHING to stop the hemorrhaging market cap when he/she easily could, if they were so inclined.
Insert a "clarifying" smiley face here
I don't imply that at all.
I do my best to only say what I'm doing, and not offer anyone else SFOR or other stock/equities/forex guidance.
I believe that SFOR is headed lower still. The share structure of this company has a proven track record of dilutive debt agreements and reverse splits that were super harmful to anyone who sat through them.
Forget history and you're doomed to repeat it.
SFOR's balance sheet is far better than it was this time last year BUT this time last year, I believe they had 200 million shares. This time last year, the ONLY REASON they had 200 million shares is because they'd done reverse splits.
Things are better for SFOR...BUT Mr. Kay has not done anything impressive for shareholders.
Did his company stock rally from $0.0001 to $0.025? Sure did... but that wasn't him... that was the Wall Street machine doing its thing.
What HE SHOULD HAVE AND COULD HAVE done is provide some firmament to the share price...instead, its fallen from $0.025 to $0.0045 (today's low).
There's no indication whatsoever that he's inclined to protect your investment if you bought today @$0.0045-$0.0050.
So I'll ask...
Why would anyone with a right mind invest a penny in someone who's got a history of diluting investors, and a history of letting a stock go from $0.025 to $0.0045?
You've got to make your own call here.
What I'm doing is waiting. I've made a boat load of money trading SFOR, and I believe the shares will get cheaper before I buy.
I don't believe the scare tactic of "you'll miss the boat, the train, the run" because there is no actual vessel.
You follow the stock...when you see indicators that a positive event is coming (irregularly higher and higher SESSION volumes, share price stabilization and climbing) then you roll the dice.
But when a stock is seeing lesser and lesser volume and constant share price pressure...it just means one thing...it's headed lower.
Lol@ "Trump, close this scam exchange".
Too funny...
You do KNOW what the OTC is right?
In 1913, financiers with ties to the richest people in the world needed a way, to get at the poorest people in the U.S. money.
It wasn't enough that the stock market was just at the beginning of one of the greatest runs in history...they needed EVERYONE from shoe shine boys, to regular moms and pops investing.
The problem? Many blue chip stocks were simply too expensive...the stock market dream seemed too complex...too expensive, and a rich mans folly.
So, these two guys, financed by a whole lot of money, created the NQB. The NQB was billed as the "everymans" market and offered dramatic returns...get rich quick stocks.
They invented the NQB to get every penny into the market that they could.
Why?
They wanted more money.
Every time some farmer from Illinois bought $20 bucks worth of crap stock, that was $20 more bucks in a stock doomed to fail and that $20 bucks would be transferred to whoever had the opposite side of the trade.
$20 bucks was big money to poor people in the early 1900's.
The OTC has always been a "injector".
It is the dredge, if you will, dredging the bottom of a river bed or harbor, making sure it gets every last bit out of the market that it can.
It injects capital into the higher markets. Those higher markets ultimately inject cash into the highest markets and those inject money into the biggest banks, and financiers of the world today.
Sure, there's more regulation today in the OTC than there ever was when it was the NQB, but even today, the OTC is known as the Wild Wild West of the stock market. It's filled with "get rich quick" promises where 99% of the listed stocks are Ponzi based stock schemes.
The OTC lists approximately 9600 equities today and trades roughly $500 million daily. There are also another 5000 or so "unlisted" super dark pink sheet stocks that are traded without a formal marketplace.
So..$500 million dollars in trades, with 99% of the equities being flat out fraudulent stock schemes and only 1% of the equities are actually legitimate companies.
Each and every day, the OTC scrapes the bottom of the harbor for every penny, and injects that money to richer and richer and finally the richest bank accounts.
That little NQB/OTC lesson was to highlight THE FACT that Donald J. Trump will NEVER shut down the OTC. No American President has ever had the money, or the political will, or political strength to ever shut down the OTC.
No American President, since J.P. Morgan himself lent the U.S. $500 million dollars to bail the U.S. out of the Great Depression and created the largest, private banking system in the world (The Federal Reserve) has ever had the power to shut any market...let alone the one that's guaranteed to dredge the last pennies off the sea floor.
So...
SFOR is listed on the OTC.
Any investor here is taking their chance that they've hit the OTC lotto with SFOR...just as every investor in the OTC across 9600 equities will say their stock is "the one".
Think about it... go to any OTC stock message board...some 9600 of them, and there will be a handful of "longs" who swear, until the very end, that their stock is "the one". While they're swearing their stock is the one, they'll look at SFOR and say "nope...that's not the one".
Me. Kay probably knows the history of the stock markets better than I do...I know a lot, but I hope he knows more. Having said that, he knows full well what can make his investors money, and what will cause his investors to inject their money, so that it can be taken away, and then injected higher.
Me. Kay knows these things.
He could do any number of a hundred things to provide firmament to the share price.
He could do any number of a hundred things to tell the OTC universe and higher markets that SFOR truly is "the one".
Yet, Mr. Kay, has sat idly by and watched his market cap go from nearly $60 million (2.3 billion shares x $0.025) to less than $6 million today.
All that value... gone... where'd it go?
Well... people bought in the $0.02x range... tired of losses day after day, they sold for a loss. Having started with perhaps $2000.00, leaving the largest casino in the world with perhaps $1000.00 or less left...and all those who lost? Their losings were injected into higher markets...like the oil lubricating bigger and bigger gears.
Me. Kay has watched his market cap lose 85% of its "size/value". He's done nothing...and there is no indication that he'll do anything.
I'm sure one day, when enough investors money has been dredged and SFOR stock has dropped by 50% from here, it'll be time to get a rally going, and get at more newbies money...
Until that time comes, Mr. Kay cut his teeth on the stock market at J.P. Morgan...he knows full well how it works...and he's just doing his part to make sure the dredges scoop up every penny from the masses..and yes.. a few people will make money on that rally...when it comes...but don't worry...they won't leave the biggest casino on the planet... they'll find another alluring table to play at...and they'll do their part to inject their winnings right back into the markets.
Mr. Kay...
Well, I haven't lost a penny, not one trading SFOR. In fact, I've made quite a bit.
I don't currently own SFOR. I will, when the time is right. If I could say one thing to Mr. Kay it'd be this:
I've done my research on you and your executive team. You all have verifiable, impressive pedigrees. I used to hold you with high regard. I feel now that you're just here to take investors money. I feel that you're indifferent to who's money you take. Whether it be mine, or maybe someone who's pinned hopes and dreams and can't afford much more.
So, Mr. Kay, while I used to hold you with the highest regards, I no longer do. I'd rather you take some of my money, because I can afford it, than take some mom and pop, or some college student, or some factory worker or whatever...but the fact that you'll take from the POOR and rich alike, really makes you no Robin Hood. There's no honor in tricking the "rube". It seems to me, that's all you really want to do. Trick anyone not as smart as you.
Insert a "SMH" smiley face here
No...
No!
No!
No!
Once again, we get to come back and revisit the whole "making up, fabricating, conjuring, dreaming up" reasons to hold SFOR as it sheds market cap and bleeds share price.
SFOR hired an accountant...they did so ahead of a 10K.
FACT:
10Q's DO NOT NEED TO BE AUDITED.
Large companies with plenty of cash will audit each quarterly filing. BUT no one has to.
10K's must be audited.
You see... years ago, there were no 10Q's. Investors would wait a year between 10K's. Sometimes they'd be thrilled, and sometimes they'd be rocked with the insight of a terrible year.
So...the SEC said "file quarterly reports"
And companies, big and small complained about the costs.
So...
The SEC said "fine... file quarterly summaries, compare them to previous quarters and offer any kind of guidance you can...BUT they don't have to be audited"
And so that's where (this was a very brief summary of how 10Q's came about) 10Q's came from.
So...to this day, 10Q's don't go through the rigors of a 10K.
That's why NT10Q's are such a big red flag. They don't require the time or the costs that a 10K does...so any company who says we have to file a NT for our 10Q is really showing mismanaged time and poor financial health.
SFOR hired an auditor because their 10K will be due in a few months.
They did not do it so they could show some "mystical, mysterious suitor" the books.