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Even the statement "they have enough money to operate for year" when the 10K says only 12 months?
Problem is, it's not a new game!
Because no real bank will loan them any money! Their financials suck!
Where do you guys keep getting all the notes are paid off except 1? That is nowhere in the filings! And you can't trust what this CEO says. Remember he said enough money to operate for years! Then the filings say 12 months! Stop dreaming!
Ding! Ding! Ding!
I held a stock that went from .0025 to .079 in 1 week. Three years later I'm still holding in the .004 range now.
Invest? That's what you call it? SFOR is a short term gamble at best! Blackjack has way better odds!
I've been here for almost 3 years. I've been through all three reverse splits in the last two years. I have one share now and I'm warning people to beware!
So transaction are increasing month over month. Where are you seeing the two steps back?
I'm not sure anyone is expecting the Q to be good. We know there is over 5 million in losses for last year, he told us that. I'm just glad to see the transactions increasing instead of decreasing. Ed has been rolling this snowball up hill for a while. Now he is approaching the top and when it's starts down hill look out!
What does "officially should be done now" mean?
Right, but they can't pay off debt and still have the cash! I'm not arguing they didn't get 4.9 million.
Where does it say that? It doesn't.
He also said enough cash to operate for years, yet the fins say for 12 months!
I'm only warning those that think this is a company to invest in.
There is nowhere the 10k that says they have 4.9 million in cash. It says 87,000 and change. BTW if they got 4.9 million and used it to pay off debt. How do they still have 4.9 million?
A lot of people got caught holding from .003 to .004. With the 2.2 billion share float they will never see a profit! They will soon have only 1 share like everybody else who got caught in the last 3 reverse splits! BTW the CEO may say there will be no RS! That's what he said before the last 3!
Of course nothing has changed! They are the same crappy company they were before this last pump. The only thing changed was their salaries, and now they can pay them with your money instead of revenue!
Again where is that 120 million? That was made up by posters here! That has never been reflected in any of the fins! Microsoft through them a bone! Some here are still pumping this so they can finish selling. SFOR has never turned a profit, and there s nothing in the recent fillings that says they are debt free. They have current assets of 60,000! Wake up!
I'm pleased to see there is continued growth! I'm patient. Steady growth month over month will eventually pay off.
Why? you can have 0005s soon!
Maybe it's because it's not worth anything! Maybe it's just a like of!
I just love this part of OTC filings!
We have yet to establish any history of profitable operations. For the year ended December 31, 2015, we incurred a net loss of $1,807,245, used cash in operations of $856,806, and at December 31, 2015, had a stockholders' deficit of $13,724,487. These factors raise substantial doubt about our ability to continue as a going concern
The potential for the 4th reverse split!
I've been here warning everybody since 0004.
Where is that 200 million settlement enough to pay off all but one convertible and keep the company afloat for years!
Revenues went down!
And look how many convertibles are still going to come due!
This is hilarious! This is even worse than I thought. Revenues have decrease in 2015 from 2014. However lets increase the salaries for these losers!
This is what some of us were warning against!
Right!
Finally the short squeeze! I wondered when we would get around to that.
When you try to prop up a stock price you always get burned! Somebody always sells!
What happened to the Facebook page? No dialogue anymore?
It will tank with or without it! People have bought with unrealistic expectations.
The shut down of communication is a normal tactic before an RS. We will see an RS soon, then the release of news. The company will sell new shares into the news to keep the company alive. I've seen this tactic to many times. The latest example is SFOR.
The discussion was about revenue.
Nothing is verifiable till it is reported in the financials!
The truth is, there were not 120,000,000 in revenues! And never will be. The big promoters of this stock have left the building. It will be back to .0005 soon.
If this company had that kind of revenue they would be worth holding long. I can't find where they made any significant revenue.