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Naked shorts have to buy to cover or borrow shares to close the naked short. By freezing accounts, brokers can lend all the shares. And keep the number of buy orders down to prevent driving up the price.Just my thoughts. GLTA
For every dollar I have in SFIO I could get one meg loto with 145 million to one odds.
I will stick with SFIO
This week will be a slaughter.
Yep, up or down, somebody will get slaughtered this week
let see
if you use 1 ten pack of filters (at $4.00 a pack per day) that would be $1460 per year.
If only 500,000 people world wide use it, that is $730,000,000 in sales.
If you make 10% profit that makes $ 73,000,000 per year.
Does anybody really think the patent isn't worth more than the curent market value of $11,089,688?
My understanding of GTC orders is that those shares can then not be lent out by the brokerage firm to cover shorts. By locking trading ST and possibly others would not have to look for shares to borrow.
Anybody know if this could be the reason for the lock?
If NITE is deep in with naked short selling (selling without borrowing the stock first) The global lock helps him because he has more than three days to find stock to borrow. Without the lock he would have to cough up the shares in three days by either borrowing them from brokerage accounts or by buying in the open market.
OTC does that to cover themselves. Check the third and fourth reasons that they give and you will have your answer.
I know, I just want to see and have everyone else see what he is comparing to SFIO. Would have thought if he was doing DD, he would at least remember one of them.
Good luck with your bionic shares, move the negativity there, by
which three are you comparing SFIO to?
Zecco allowed me to place an order not frozen
SFIO trading next week
FACTS Please
You panicked and dumped Thursday and now trying to get pps to go down to get back in? You were pumping the stock up until this all happened.
Good News?
Think it means that they will not accept naked shorts?
SFIO going up?
WOW on paper I am back to even.
DTCC members are the brokerage firms.
Naked shorts have to be settle in three days. Pursuant to REG SHO Rule 203(b)(3) brokers are compelled to either deliver good shares or go on the open market and purchase them. By putting a global lock on the stock they do not have to deliver good shares or go on the open market and purchase them.
Yesterday we were screwed by the FBI and their $40,000 dollar sting 2 years ago. Today it seem we may be screwed by our brokerage firms.
WEEEEEEEEEEEEEE!
every sale has a buyer
Only pertained to the CEO and any others in the company that were involved in the fraud. No reason to put out a PR and get in the middle of it. Just plane panic selling to me.Still a going concern.
End of day trader ---- ouch.
To many pumpers and dumpers in this stock and they all panicked!
Bet tomorrow will be an up day!
What happened two years ago will not shut down the company, only will affect individuals that did wrong.
My question is did the FBI and SEC sell with inside information. They bought 400,000 restricted shares for $40,000 dollars with 12,000 of that kicked back. That's $400,000 at .07 a share. It has been two years, restriction over and did they sell to get their money back? And then presented charges that happened two years ago?
The announcement of charges being made now makes no sense to me except they finally got most of their money back. Could be wrong, but I would love to know why!
We are the only ones (test victims) that knew about RE/AL. Until they get advertizing and public awareness we will be their only customers.
August is very probable date for the next report.
SFIO last quarterly report was in Dec. 2009, since then they issued semi annual reports and the last one was April 1st of 2011 and the one before was August 19th of 2010. So August is the next probable date.
Pure speculation?
http://www.otcmarkets.com/stock/SFIO/financials
Any investment group would want a percentage of the company.
Are you willing to give 49 percent of your shares to an investment company at this time? That is what they would have to do.
You did not read the PR.
"Meanwhile another order for more starter kits and filters has been shipped for quick delivery to reopen the shopping cart offering RE/AL products again"
If they had kits on the shelf, they would not say they need the new order to re open the shopping cart.
For the record, I am long for the long term, but realize it may be a while before the pps rises, i.e. until they have sufficient product to advertize and/or have a quarterly or semi annual (early Aug.) showing cash flow to grow with.
My problem with today's pr is that they had 600 orders, probably 1000 starter kits and the next shipment of supply was only filters, no starter kits. 19600 ten packs of filters, 19 ten packs for each starter kit. At this rate it will be awhile before they can satisfy even 1% of the smokers in the US let alone the world.
Unless shipments get bigger, we will be waiting for the next semi annual report in August before we see any increase in the PPS. And then only if it shows some increased cash flow which would allow them to grow.
RE/AL still a cig. No advertising on radio or TV.
long term potential
but
554,000,000 shares outstanding.
lets be generous and allow a PE of 30
If stock goes to .25
Then earnings per share would be .008333
total income then would be .00833 * 554000000 or
$4,616,666.00
If they net $10.00 per sale then 461,666 sales
Excluding some unexpected change or buyout, we need product and advertising to get this moving anywhere above .05
Sold out too only because of the other names on the ALTF paper and the fact that however this goes there probably will be a lawsuit.
altf SEC 8-k with all three pages
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7950284
ALKN filed for the Syn fuel patent and tried to fast track the testing
something smells
But if Zuckerman sold ALKN's assets as if it were solely his ....
"The assets include the assignment of notes receivable, real property, and various technology patents, licenses and inventions".
Seen this many times, means nothing until details come out
shares outstanding times pps
If Bndshares11 is correct in post #29284 and they are out of product, then no chance of major advertizing or distribution deal.
SFIO drops like a rock.
If wrong there is hope.
Further looking, ALTF start said
"We acquired the assets from two members of our board of directors"
NOT from ALKN
Agreement made 9 days ago but no news?
Somebody trading on "insider info" since the 17th May?
Are we even part of this deal?
Something seems "fishy" and its not my user name
So looking at post #8 of ALTFD, Mat Zuckerman and John Stanton sold ALKN,s assets for 120,310,000 restricted shares and positions in the company.
Do we have any value left besides a class action lawsuit?
No buyers, just holders, if somebody wants to sell, down it goes.
We need advertising
Won't see PPS that you are wanting until you get national advertising.
Would guess they are in the process of getting the product distributed to the outlets and once that is in place you will see a huge ad campaign.
One step at a time!
Hang in there.
SFIO with no news just like ALKN but look at it now.
when they short 10 mil shares it means the float has increased by 10 million until the short is covered. more float means more people holding stock and more people who could panic and sell or who are only looking for a quick flip.