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Naw man, just a bunch of sarcasm.
Just the best. Like a springtime Santa Clause.
Another month gone by... nothing but frustrated shareholders giving up and dumping shares.
No business updates.
No attempt to get back to pink current.
Not even a quarterly report.
Fun times.
Happy holiday weekend to all.
You must have missed the 76 cent paint down to close it at 0002. Just sayin.
I think it's just a share transfer from one market maker to another. I'm sure others will claim it's dilution though.
Well, technically one at .0002 and one at .00025, just to be accurate.
05/21/2024 13:29:15
0.00025
4,950,001
05/21/2024 13:29:15
0.00025
10,000,000
05/21/2024 13:29:15
0.00025
4,000,000
05/21/2024 13:29:15
0.0002
4,950,001
05/21/2024 13:29:15
0.0002
10,000,000
05/21/2024 13:29:15
0.0002
4,000,000
Well, so far today we have 50mil in volume at .0002, but most of it looks like mirror trades?
Agreed, the accumulation is a great sign. Just trying to understand who is accumulating and how, since we have not seen a massive amount of buys as the ask. Regardless, I'll consider it a big positive.
I'm very intrigued by this increase in accumulation, but can someone explain it to me as if I were a child? 😂
Who is accumulating what shares and how? Have insiders and/or market makers been hoarding and stashing all of the new shares from the conversion of old notes left behind by the previous CEO?
Does it mean the outstanding shares are potentially close to being locked up?
If so, I just may be back to positive here, lack of company communication aside.
What does that mean though? I'm not sure I fully grasp this accumulation data. It's not like people are gobbling up shares on the ask.
Theoretically, if there is a bid for 300mil shares, and then 300mil shares get diluted into that bid, does that now count as "accumulation"?
Honest questions, it seems confusing.
You don't say? 😂
Well that was quite a big dump into the bid. 🤦
You're right man. After holding for 18 months, selling for a loss seems like the logical play, instead of just expecting the bare minimum from the CEO. 👍
There are many simple things that Chad could do that would require almost zero effort and greatly help the situation. And, none of them have anything to do with bashing or conspiracy
1. Remove the link to sflmaven.com from the Twitter page.
2. Delete all the damn jewelry posts from 2022 and prior.
3. Get rid of the old SFL Maven logo on the OTCM profile page.
4. File the quarterly report that was due last week and show the smallest amount of progress.
5. Pay his delinquent Wyoming taxes.
This is a public company, with shares of stock that we all bought with our hard earned money. Ipso facto, we all own a piece of the company. Why can't we be treated that way?
A comment was made last week that "MacKay is working on his timeline, not yours." Let's pretend you ordered and paid for a new vehicle, or you already paid someone to build you a house. Then, after what you consider an unacceptable amount of wait time, you don't have your car or house. If they told you "hey buddy, we work on our schedule, not yours", how would you respond?
"Sharp and Ladin had a nefarious and secret back room deal"?
Wow, what an unexpectedly eventful day, full of both constructive and destructive banter.
We all know this thing is going sky high at some point. Nobody expected it to take this long, but it's going to happen.
In the meantime, those of us who have been waiting almost 2 years have every right to be frustrated. Let's just hope the payoff is worth the wait.
Imagine... if only he owned a private equity / venture capital company. 🤔
Look man. To quote you from a while ago, I'll post whatever I want wherever I want.
I've been supporting and defending this stock, and it's CEO, since 2022. Literally nothing has happened in 18 months and I as a shareholder have every reason to be disappointed, annoyed and pissed.
If Chad would just give us the tiniest bit of info, we wouldn't be stuck in this limbo state of speculation.
Also, nobody cares about GVSI.
Sure, anyone could sell at any time.
OR.... the CEO could meet the BARE MINIMUM expectations of communicating with shareholders and executing on what he outlined 18 months ago.
Instead, we are left with nothing but speculation, until we have something else to discuss.
I don't believe there was a purposeful "backroom deal". I do think it's possible, however, that Chad was sold a bag of dicks without knowing what was in the bag.
I did. Right before I responded to it.
No offense man, but pointing out the undesirable reality doesn't equate to conspiracy.
Great question 🤷 Would be nice to find out something from someone.
Do you guys remember way back when several of the bashers threatened there would be a SEC and/or FINRA investigation here? And they gave away on several occasions via posting screenshots that they had access to level 3 data, which is only available to brokers and market makers. What did they know? 🤔
I'm not insinuating Chad did anything wrong, but maybe he got duped by someone, which temporarily derailed plans?
That aside, SFLM is basically a debt free, or at least mostly debt free shell, with only 60% of the AS outstanding. At it's current price and market cap, that's a pretty attractive ticker IMO.
At the current moment, I feel deceived as a shareholder based on what we know... or more importantly, don't know.
Yes, I saw the cease & desist last May. In the "press release" they put on Twitter in October, it said Chad submitted a waiver request with the SEC. I've yet to find any documents regarding that waiver.
That's good to know and one of the few positives we have left.
But.... where's Chad?
What happened to the "aggressive team" that supposedly "built an impressive deal flow of prospects that could be acquired or technology that could be licensed by SFLM” per the 2022 press release? Where are the prospects?
What happened to "private equity in public markets" per the new SFLM company description?
You and I have been here for a long time man, since Chad took over in Nov 2022. What are your expectations at this point?
SS is up by 50%, but debt is paid off. The books are clean, and that's great. Now what?
Honest questions, not just being an a-hole. I'm still a large shareholder here and want nothing more than for this thing to be successful.
You sure about that? 😂
Chaaaadddd... where's the fu**ing 3-31-24 quarterly report? For the love of all that's holy man. Wake up!!
In it's current state, and until Chad actually does something, there isn't a chart service in the world that can help us. 😂
I also don't have anything to offer regarding your question. Sorry.
I honestly don't think anyone knows for sure. This time last year, people were throwing out all kinds of speculations and nobody was correct.
Who's up for an impromptu shareholders meeting in Utah? 🤷😂
Yes, that's the post I am referring to. Not sure the exact sequence or timing of events, but it's a lot of the same insiders on both company's filings.
As far as the previous CEO, the last SFLM annual report showed he still has his original shares and also accepted 18mil additional shares for "services". So he didn't buy them per se, but he took them as payment for something. What services he provided, who knows.
Ya know, I just went back and re-read Werbe's sticky post from August. As much as it pains me to say, maybe he was right all along? 🤷
I'd obviously like for him to be wrong. I've been holding a LOT of shares and supporting this thing for a long time. But, who's to say between SFLM and GEGI (same group of insiders in both) they didn't fleece us for millions, maybe tens of millions, and are now hanging out in the Cayman Islands buying drinks with our hard earned money while laughing at us?
I really just don't know what to think anymore. I'd like for someone to prove this wrong, but is it even possible to refute?
I've never found any reason to doubt Chad as an honest dude. Yet, here we are after 18 months, still hoping for some miracle.
Maybe I should just shut up and stop paying attention. 😂
But, it's not current. It went limited shortly after the annual report, which means they couldn't even get that right. Hopefully they can manage to cobble together a quarterly by Wednesday.
Either that or someone must have soaked them up. Otherwise, there's no question this thing would be trading at 0001 with an extra billion shares on the shelf.
To be fair, you are correct. It's somehow holding 0003, which is exactly where we stood this time last year, even though the OS is about 50% higher now. But, for someone that's been holding for a few years, it has dwindled quite a bit.
Ya man, my only real concern here is for my, um... investment... to suck less than it currently does, and for the mysterious Chad to make good on his promising press release from 2022.
I also hate the pumpers as much as the bashers. But they at least have a clear agenda. I don't understand why someone would post here regularly just to say Ha-Ha like Nelson from The Simpsons 😂
I've never been able to come up with any logical reason why these "people" continue to come here and warn everyone (out of the goodness of their hearts of course) about how terrible this stock is.
There are PLENTY of terrible stocks out there, many in far worse shape than this one. I'm not happy with the current state of things here, but come on.
What's the point? Is life really that boring?
I hear ya man. I'm just finally at a point of being pissed off. I (and others including you) have been supporting this "company" and defending this guy named Chad against anyone and everyone for 18 months... here on iHub and elsewhere.
It's time to get something in return as a shareholder. And I use the term "shareholder" lightly, because I don't even know what we own shares of. I mean seriously, how hard is it to offer up the smallest nugget of information to us? Just a simple "hey guys, hang tight while we figure things out".
I'll gladly retract all of my animosity, and even apologize, if we find out someday that Chad has in fact been in a quiet period.
I remember the filings last year being a mess and they basically didn't submit anything for 2023 until September. I have no idea how they were able to do that , but I don't see how they can go past next week without filing a Q1 2024 report.
They did file the annual report 2 weeks early in March, so let's see if Chad gives enough of a sh*t to file a quarterly on time this month. I'm currently doubtful we will ever hear from him again.