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The average eCommerce conversion rate is 2-3%. it is completely unreasonable to assume that this budget cookie cutter sales website would outperform the rest of industry.
www.businessinsider.com/understanding-which-website-conversion-rate-to-use-2010-8
Those are just back of the envelope wild estimates based on assumptions and speculative ballpark figures based only on the sale of the 'REAL' ecig, not smokers option or JV MJ, right.
Also, I was thinking those metrics have the potential to be close to the actual numbers at the end of 2011, or come Feb 2012, not this next immediate rev report coming. Projections are all speculation but you have to start with some basic broad strokes understanding of the potential for the marketand future sales. It is a decent starting point to begin thinking about the possibilities, I read and understand the subsequent arguments, they are compelling.
Gamma/FofoH - It is true, those numbers assume many things. I think the most powerful argument against those assumptions is the blaring red flag of where SFIO can possibly get $8M for advertising for the next 12 months. I think firstly the number itself needs to be analyzed because the conversion rate all depends on the quality of the traffic they push to the site and/or telemarketing system. I've seen online sales clients drive filtered high quality traffic after wheeling and dealing with google/adsense/etc for spectacular rates and then getting huge impressions and clicks on the ads along with extremely high conversion rates better than 15% BUT I have also seen companies dick around and overpay for campaigns and then not know their customer base and have no idea once the pathetic traffic hits their pages how to convert with business logic/site tech. So it is a big unknown, I don't agree though that 10% is an outlandishly big conversion rate, that is somewhat optimistic, but reasonable, if they converted only 2% I would call that a failed campaign, no matter what the ad traffic or cost.
If SFIO spent about $650K per month on an ad campaign with the largest online marketers, I think those sales projections are possible, of course the site would need to convert the landings and perform well in that regard but I think any who click an ad to buy a cheap ecig starter kit is ready to buy and does not need much convincing, other products it is a different story, which is why I assumed a roughly 10% conversion rate.
As far as this long awaited rev report coming any day, that is not what I was talking about. In my mind, the existence of that report would only serve to further legitimize the company, even if they took a loss. Im not sure how to respond to the possibility for future dilution, of course it could happen, the company is a start up and they need cash to further operations but then again they could get decent sales initially enough to ramp slowly into an ad campaign, depends on how they manage it and the risk profile they use for a business plan for 2011.
FofoH, I know it seems ridiculous for a company to go from such a deficit in margin to break even or go positive but remember, start up companies developing a new product/drug/etc usually lose a LOT of money initially just getting off of the ground, then as they get closer to the finish line, most of the time since they already have spent on the R&D, manufacturing, etc the costs start to trail off and decrease. So I actually do not think it is such an overwhelming barrier for them to overcome to break even once they actually start selling a desired product on an open market.
Of course, I agree I do though agree that the advertising costs are going to be the largest concern for them to finally get off the ground. Agreed, even break even or slightly positive margin expansion after 12 months of ramping sales would be a huge positive.
I still think this next financial report will be in the red but remember, stock values are forward looking so I am not so sure we should be trading anywhere near book value for this start up. We can debate the future sales and/or growth but for now I still think the current pps does not come close to properly valuing the potential for this company, assuming real sales and legitimacy from accompanying financial report which as you guys say should be determined soon. Any delays or lingering concerns after March into April, I suggest wholesale dumping, sorry but true. Then again, if at this critical juncture, the company delivers, I suggest strong accumulation.
cheers
Very good post Yoda.
Sticky that bullish argument.
The first two paragraphs are the most important part of what you wrote. The clock is ticking down to prove their legitimacy. This helps the bullish argument for owning the stock. The bar is set low so that evidence of something simple like receipt of Real product could be a catalyst for the stock.
The company has made promises of financials by this Monday and a Real ecig in the next 3 weeks. They started taking orders on their Smokers Option three weeks ago. This combines to make February and March a line in the sand to prove legitimacy.
I do disagree completely on your calculations: primarily because you don't discount for future dilution and because your conversion rate is off exponentially. Even if we disagree about 2011 earnings the SFIO story is not about 2011 anyway, the story is about the future ecig potential.
Good luck.
Important patent correction: SFIO doesn't even own the right to "the patent applied for", they only have the licensing right to sell the product.
This is a significant distinction since it means that SFIO shareholders will have no ownership claim to the innovative technology if the patent gets approved and the ecig gets produced.
According to the company
"On December 21, 2008, we entered into an agreement to sell 100,000,000 shares of the Company’s Common Stock to Thomas Schoepfer and Robert Wang for licensing rights to certain patents regarding a smokeless nicotine delivery cigarette like device"
With only licensing rights and no ownership claim on the technology the dream situation where RJ Reynolds comes around in 5 years to buy this innovative device wouldn't benefit the shareholders as any deal made will be with the patent owners and not its licensee
Additionally worth noting, by licensing the patent rather than selling it Wang and Tom safeguarded their idea from seizure if SFIO were to go bankrupt or lose a lawsuit as the patent is not an asset on SFIO's books.
SFIO does not have a patent. According to their most recent filing their ecig design is in 'patent applied for' status. This application grants them no additional legal protection against infringement
Their application is filed with WIPO.
WIPO defines patent pending rights stating:
Many companies label their products embodying the invention with the words “Patent Pending” or “Patent Applied For”... these terms do not provide any legal protection against infringement, they may serve as a warning to dissuade others from copying the product as a whole or certain innovative features
Gamma,
What is your opinion of the patent (pending)? Real or fake......valuable or not important.
This is the difference maker imo. Although I think REAL will be available in late March, .0048 is a great price even if REAL is not ready as promised....as long as patent keeps copycats away.
Misclick, someone intended to sell at $14.20, instead dumped 30,000 shares at $12.40?
Once again it pays off to leave buy order in this stock way below the bid.
AH $12.40 Sale... WTF
It would be different to do Real advertising like the ecig companies with commercials on late night TV. If they could go on Real Housewives (Pauly's favorite show) with a Real product that product placement would be great for the share price. That type of advertising is not what is happening here.
What we see is a company paying someone to promote the share price. There is a large pool of historical data showing what happens to stock prices after a paid stock promotion. When you examine that data you will see that there is a statistically significant correlation to stocks going down following such an event.
Pump data: stockpromoters.com
Here is where we run into some disagreements. You say there is only 1 incentive to pay to promote stock? How about letting the world know about your product that is coming out in weeks. That line of your post just doesnt make sense.
Also, do you think SFIO would still do this, advertise to the world about their product by march, if it didnt exist?
When I say a pump I am referring specifically to instances where companies pay newsletters and bloggers a fee to send out their stock as a recommendation.
All I am saying is that if you look at data on penny stocks doing paid pumps (paid pump data) there is a statistically significant negative correlation between the pumps and the share price.
This logically makes sense, there is only one incentive for someone to pay to promote a stock: if they are planning to sell shares. For this reason, traders should read paid pumps as a market signal of selling pressure ahead.
is there any form of advertising you wouldnt call a pump? Are you looking for free advertising? im confused.
You forgot to copy the disclaimer from your link:
"Crown Equity Holdings Inc. (CRWE.OB) anticipates receiving five thousand dollars in cash from a third party (Stock Expert) for one week of advertising services for Smokefree Innotec, Inc. (SFIO.PK)."
http://ireland.crweselect.com/20537/stock-alerts/sfiopk-vno-flt-cve-crweselectcom-stock-report-smokefree-innotec-vornado-realty-trust-fleetcor-technologies-and-cenovus-energy/
I guess the inside sellers are not done yet. Hopefully this pump will bring in more buyers than shares that are about to be dumped. Remember, nobody ever pays for one of these pumps unless they think that they can sell enough shares at a high enough price to pay for the costs.
Good luck to all.
Buy a carton of the Smokers Option! It will cost you $20 to order a carton, and support the company. Call the company and ask for it to be expedited.
BBB,
Sorry if you feel that I am a pain in the ass sometimes. I don't intend to be a pain. I am simply posting things that I believe are true with the documentation that supports my belief.
People should not be selling based on the things that I post, rather my posts should be used to augment your research, that is why I post so many links to the sources of my conclusions. If a shareholder or potential new one is inclined to do their due diligence I hope my posts help show them where to look. If you do decide to sell, sell at the ask and average out
I have no stake in this, I wish I could still be long SFIO because I love the story of the multibillion dollar ecig market but I don't think that the company's Real will compete in that market.
As I posted, I sold my shares two weeks ago because I anticipated a sell off following a paid pump. I decided to do additional research figuring that I could get the stock for less if I still liked the story.
I did a lot more due diligence, I ordered the Smokers Option, I called the transfer agent, I read the most recent filing, I did some fact checking on otcmarkets and googled some of the other things brought up in this forum, I called the company and spoke to Tom.
I would recommend that any of the 150 shareholders call Tom themselves. He was extremely gracious in taking my call, we spoke for 15 minutes and he had all of the right answers. Unfortunately, I didn't believe Tom as several of his answers conflicted with other due diligence that I was doing on the company.
Right now is an exciting time for the stock. According to the company the Real ecig will be existing to be ordered in the next 3 weeks. I will be buying this "Real" product the day that they put it on the website. If those emails that FofoH posted from AHN about are true this company will conclusively be shown to have no product within a very soon. I can't wait to see what happens next.
I just called Tom and asked if he would send me a sample kit and he did. Gamma, sometimes you sound like a nice guy and other times you're a pain in the ass. I just don't know what to make of you and your posts.
Low volume is a very good sign after the enormous insider selling pressure that followed the paid pump two weeks ago. If the insider selling is abating then the stock has a chance to pop.
Hopefully for long shareholders the seller with essentially unlimited shares isn't just sitting at .005 but rather has unloaded all of the shares that they plan to sell for now
SFIO is ready for a bottom bounce.Get ready for gloating
Confirmed, I saw BBB's picture of the SFIO ecig when he posted it.
How were you able to get a sample from the company BBB? I tried to purchase a sample when I was a holder of millions of shares but I was denied. Its tough to know who to trust on these boards, the company only has 150 shareholders of record. Even if every one of them got a sample kit it wouldn't cost the company that much money (it would cost less than they pay PEG for PR) and it would probably help stabilize the share price in the absence of PEG selling more freely obtained shares.
SFIO is fighting the impression that they are NicStic's reincarnation. Proof of product would go a long way in dispelling that concern.
topdog, I already took a picture of the e-cig and put it up on top left of post. It would take me another 1/2 day to do it again and then I'll screw up the picture of my Harley and the spend another 4 hours to get the cycle up again. Many on this thread should be able to attest that the saw my e-cig picture. Help my out on this folks and say you remember the picture. Thanks.
Truth as an absolute defense against libel
Fact: The CEO of NicStic is SFIO's biggest shareholder.
Fact: NicStic bilked shareholders out of millions of dollars when they promised an ecig that they never brought to market.
Fact: For the past two years SFIO has followed the same pattern of NicStic (go public, promise contracts, sell newly created shares into the market, give shares away to PEG, don't deliver on contracts, make new promises, sell shares into the market, don't deliver... rinse repeat)
They can't sue me for any of this because the sad truth is my absolute defense.
It would be a lot cheaper for SFIO-NicStic to just start selling their working ecig than it would be to sue. If they can produce an ecig then I am wrong and they are legitimate. If they can't then I was right and they are crooks.
I expect that instead of a working product in a couple weeks as promised we will instead see more insiders and related parties selling shares followed by unexpected delays in getting the product to market. No duh there are going to be delays, they don't even have a contract with a filter supplier!
At this point I would feel a little better for all of you if anyone here who ordered the Smokers Option 15 days ago acknowledges receipt of their product. While the Smokers Option will have no future impact on SFIO's bottom line the absence of a Smokers Option after it has been onsale online for weeks is a major red flag. I hope that someone here calls the company and asks them to expedite the Smokers Option to them. If you do this you can clear their name on this issue by Tuesday's trading.
I'm pretty sure that Tom and Evert's lawyers will be working overtime Real soon.
Gamma u keep on going u might be talking to their lawyers soon
imo
As already explained, this does nothing to legitimize SFIO's operation. These pictures disprove the fraud hypothesis as much as pictures on SFIO's website disprove that hypothesis.
The company can't be trusted and no one who isn't affiliated with the company has ever seen their NicStic. TopDog, how were you able to get these pictures? Was it because of your affiliation with the company?
As an ordinary shareholder and not a paid promoter I requested this product a month ago and even offered to pay for it but I never got it. Other ordinary shareholders are encouraged to make the same offer to the company so that you can see for yourself that they have no product.
AHN, the filter supplier that SFIO claims has produced several hundred thousand filters for the company has come out and stated that they have no contract with the company but that they have provided some samples in the past. It is possible that those samples are what is pictured in these links. There is no way of knowing if this is even a working prototype.
The company claims to be selling their Real NicStic in Europe but AHN states that it has not provided filters. How can you sell your Real NicStic without filters?
Nobody who posts here that ordered the Smokers Option almost three weeks ago has acknowledged receipt. If you invest in SFIO you should order a carton for yourself and ask the company to expedite it. This is a very cheap way to find out if the company is lying about selling its Smokers Option product.
The company made no money by providing this product to TopDog, in fact it cost them millions of shares to get him here posting about it.
Of course, even if the Smokers Option exists it is no Real. And with no filters the Real is just another NicStic.
The company has promised that their Real ecig will be out by the end of this month, along with their financials. They will either prove me wrong or they will crash and burn. My bet is on the latter. If you have capital at risk you should be demanding to see the product or you may very soon have no capital left in your SFIO investment.
Ecigs are going to be a multibillion dollar big market. But you need a product to compete in that market. Without a product SFIO/NicStic will not be able to get a piece of this enormous pie.
Some say a picture is worth a thousand words...
http://gallery.me.com/feldco#100067
tried posting image the traditional way but didn't work (i.e.blank post), so......even better i posted it on my MobileMe Gallery. Go to the link and you can see the image, click on the image to enlarge, I also set access to the image so you are all free to download the image by clicking the download icon.
I have also allowed access to UPLOAD images and video to the Smokefree Innotec Inc. album.
Anyone with related SFIO images and/or video please add them or email them to me and I can post them. (PM for address)
To upload images simply click the UPLOAD ICON on the menu bar at the following address:
http://gallery.me.com/feldco#100067 and follow the prompts.
Moderators, you may advertise the address http://gallery.me.com/feldco#100067 for all to see the image(s).
hope this helps
Don't dump your shares!
Buy a carton for yourself.
Even if the Smokers Option doesn't exist it might not be right to dump all your shares tomorrow at the bid at 9:30 after the stock has gone straight down for a month. If the company stops selling shares the stock should see a pop even if they are a scam
Sell wisely, sell at the ask, sell in parts.
You can't immediately prove the existence of the Real (thats not mine, thats Descartes)
You can however prove Smokers Option exists by just buying a carton right now and asking Tom to expedite it to you.
Read the posts from February 1st around 4:30 when the website went live to see who bough cartons. Regardless, do your own due diligence. Call Tom now and ask him to expedite you a carton. For $40 you can know for sure.
Even if Topdog does post a picture it could be a pic of a prototype, a regular cig, or someone else's product. In the videos stickied atop the page you can see people at the SFIO booth smoking something, what I am saying is that it is extremely cheap (relative to your equity stake) to buy a carton and have it expedited and get real piece of mind.
TopDog has posted a blurry picture of the NicStic in the past however he should not be trusted. He is a paid shill for the company.
If Topdog does not post a pic of the product by midnight EST I will dump all my shares then ok? Topdog - show 'em what you got
SFIO = NicStic = a total fraud with no product.
This should surprise no one at considering the CEO of NicStic is SFIO's biggest shareholder.
Tom also told me on the phone that he had already placed an order with AHN for several hundred thousand filters. Thats a far cry from zero filters that AHN says that SFIO ordered.
It is an interesting commentary on greed and human nature that they were able to pull off the exact same scam twice and that some of you still believe in these criminals.
Rhetorical question: Have any iHub posters confirmed receiving their smokers option orders placed February 1st?
For what? REAL cigarette? More truth? Well, let me think.... here you go
I talked to AHN last night and as of yesterday there is still no order, agreement, contract with SFIO about filter production. SFIO requested an offer in early January, which AHN replied to.
Topdog, check with TS, he has the initial response from AHN in his email inbox, dated 24th of January.
Anyhow, even if SFIO would reply and place an immediate order - which they haven't done for the last 6-8 weeks - , production can start earliest 8-12 weeks later due to currently fully used production capacities. This would mean filters are ready around May, if an order is ever placed. I guess after that it will take a further time to put the REAL thingy together so lets say June/July.
So, this should keep you entertained for the next few months, while you wait for REAL or - I'm sure just around the corner - another fantastic PR.
I once heard a story about NicStic, a company that continually promised its investors that their ecig would come out "next month."
Of course, when "next month" came there was no product but there was a promise that the product would come out next month. Apparently, their ecig was not Real.
NicStic often issued press releases announcing that their product would be out soon, or they announced a nonexistent contract, or a nonexistent new sales channel. After each press release the company sold more shares onto the market. Sometimes the company gave free shares to a related party named Perfect Entertainment Group which was provided with its free shares for their 'PR efforts.' NicStic and PEG didn't care what price they were able to get in the market for their free shares because they knew that without a Real product the shares were more worthless than the paper that they were printed on.
This pattern continued for a couple years until they were charged with securities fraud, and eventually left their investors with a total loss.
The principles of NicStic went on the run to USA once their house of cards collapsed in Germany. Does anyone know what they are doing now?
The names of the "people" panic selling are SmokeFree Innotec, Perfect Entertainment Group and other related parties who have received free shares from the company.
These are the same people who have been selling since October 25th, the day that SFIO filed to greatly increase the shares available.
It looks to me like only one recreational trader sold about 600,000 shares at $0.0048. The rest of the sales appear to be insiders dumping as well as market makers doing their thing.
I guess some people can't watch the pps drop and are panic selling at this low price.I'll give em the I told you so...LOL
OTC markets also has the dilution stats from that Oct 25 filing through January 31*:
Share Structure
Float 222,703,991 a/o Jan 31, 2011
Shares Outstanding 504,484,423 a/o Jan 31, 2011
Just to clarify this is were the Oct 25th 2010 filing can be found. End Of Year will show us how many shares have been issued since Oct 25 2010
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=38418
COMMON SHARES (shares we see being traded) were increased by 150mil not 50%
Perfered shares are now 100mil.
These are two totally different classes of shares. Both classes of shares Common & Perfered =750mil.
As of the this filing date ended October 25, 2010, the Company had common shares
outstanding as follows:
750,000,000 shares authorized, in two classes:
Common shares Authorized: 650,000,000
Preferred shares Authorized: 100,000,000
459,527,454 common shares issued and outstanding.
150,103,991 freely tradable shares.
There were a total of 360 beneficial shareholders.
There were a total of 148 shareholders of record.
2. As of the end of the issuer’s most recent fiscal year end.
As of the period ended December 31, 2009, the Company had common shares
outstanding as follows:
500,000,000 shares authorized.
441,767,714 common shares issued and outstanding.
48,800,991 freely tradable shares.
There were a total of 290 beneficial shareholders.
There were a total of 156 shareholders of record.
3. As of the end of the issuer’s prior fiscal year end.
As of the period ended December 31, 2008, the Company had common shares
outstanding as follows:
500,000,000 shares authorized.
373,524,578 common shares issued and outstanding.
8,700,000 freely tradable shares.
There were a total of 280 beneficial shareholders.
There were a total of 130 shareholders of record.
Yoda, I explained why my thesis on the company has changed (see my post below posted copied from last friday.)
Ask yourself if you really want to play the posting history game as looking into your posts is a bit damning.
My favorite upon a quick perusal of your posts:
Yoda on 10/22, share price $0.015, down 66% since
Exactly the point, do NOT sell yours shares! <-- best advice
Why I sold the majority of my stake today (for a loss).
First off: now that I'm done selling I hope that the share price rises mightily and you all make tons of money. I spoke highly of the stock as I was buying it on the way down from $0.008 to $0.006 and I believe that it is only right to post again now that my thesis has changed.
I believe in the company and the product yet I can't hold the stock as it is breaking a primary rule of mine for investing in penny stocks. Sell into paid pumps.
When there is a paid pump it means that someone is looking to sell stock. Assuming that the pumper is trying to get the share price to go up by $0.001 then they must be selling 10 million shares to break even on each $10,000 spent pumping.
Someone paid at least $10,000 today (probably more as the promo is showing up in other forms than epicstockpics) in order to pump SFIO. The only reason why someone would do that is because they plan to dump stock onto the market. In order to make those expenses worthwhile they must be selling a significant amount of stock. I want to get out in front of that selling.
While one positive result of the pump means that new investors will be exposed to the company, investors who are swayed by a newsletter are a fickle bunch who will be selling their stock again soon adding new selling pressure to the stock for the next month.
After reading about the paid pump I looked deeper into SFIO's share structure. The SFIO shares outstanding has increased to 750 million from the 500 million that is cited as outstanding in the iBox as of June 30. The float has also increased by nearly 90% since June 30. This makes me suspicious that the pumper might be the company. (source: http://www.otcmarkets.com/stock/SFIO/company-info)
Something that makes me additionally wary is that my order for Smokers Option cigs is still awaiting fulfillment even though I placed it immediately upon the website's launch. I am not sure what to make of this.
I am very disappointed to have to sell for a loss because this truly is a product that I believe in. An ecig company will sell its product to big tobacco for hundreds of millions of dollars and SFIO might be that company as its product fills an important niche (vapor free.) I may buy back in at some point.
Well put, exactamundo. Bad time to dilute if funds needed,
Exactly the point, do NOT sell yours shares! <-- best advice
Yes, Q3 earnings report really in my opinion has always been the sole driver for the share price, not the euphoria over Prop 19.
At least SFIO seemingly has a real product that is out on the 'market' selling on various online outlets and real stores abroad though we still have a few investors who have ordered it and waiting to get it in the mail so once that happens and they report on the product we will know for sure that this company is wired for profits.
Yep, same here, moving into DGTLF. This 'PR' is somewhat dissapointing.. where is the eoy rev report? At least it is nice that SFIO is communicating its plans for the new year etc etc but it doesn't seem like much progress has happened in 2010. Maybe I am just impatient but.. whatever
It may be dissapointing to be out of SFIO when it could get a pop if ever the rev report is released, but me thinks there will be sharper gains to be had in VPCO and DGTLF, both of which have actual sales and have reported 2010 revs already.
Good luck to all who remain.
The share count was increased by 50% on October 25th 2010 to the current 750 million. That was when the company announced its next round of hyperdilution.
Go back and read that October 25th filing and look at the share price and the accum/dist line since then.
That has everything to do with the recent pump as over 75 million shares have been issued and sold/given away since that date. You can't dump all 250 million new shares onto the market at once (though this company seems to be trying to do just that.)
I decided to sell my stock after reading that someone was paying money to pump up the share price so that they could sell stock. As I said at the time, this concerning event caused me to sell and also to dig deeper into who had enough shares of stock to sell to make that pump worthwhile.
I was concerned to find that the most likely culprit was the company who had just authorized itself many more shares to dump on the market. The only other two shareholders to with enough of a stake to make a pump worthwhile are Tom and Evert Wilbrink, former CEO of NicStic who has more SFIO shares than anyone else.
As I have already stated I felt guilty for having previously spoken highly of the stock on this message board and that is why I have stuck around to educate shareholders on some of the highly suspicious activities that I have since learned about the company.
Given what I have learned I don't think that the share price will be able to overcome the dilution that it is creating. Note that the market cap isn't cratering. Rather the market is reacting to an abundance of new shares.
Given what I have learned I strongly question whether the Real product exists. I think the Smokers Option product exists however I find it hard to explain why no one has received their orders yet. If the market learns that SFIO has no product expect the market cap to collapse too.
The issued was at 750M back in 2010 so it had nothing to do with the recent ad pump.. got it? good
Pump and dump.
The company and insiders know what is coming in regard to financials and the "real" product and they are selling at $0.005.
Tom personally told me that the company has not sold shares in over 6 months but that they have given away over a hundred million free shares to pay for PR services. I believe that the seller of these shares is the company but its somewhat irrelevant if he is passing them through a middle man first.
The only way that a long investor recovers his losses is if the selling of newly created shares abates and given that the company just authorized itself 250 million more shares to dump I wouldn't plan on the new share selling to stop any time soon.
No chance it holds $0.01. Given its recent history of creating and selling shares at half that price its safe to assume that the company would certainly create new shares to sell at that level.
It is worth noted that the company's PR firm who is on the receiving end of free shares has been linked back to Tom, Evert Wilbrink (SFIO's largest shareholder and former CEO of NicStic,) and the NicStic stock fraud where the company was diluted into the ground while continually promising to sell an ecig product that was never released. Someone posted earlier that history repeats itself... I guess it does.
OTC put out a warning about possible trading on insider information. It should be a warning sign that if the insiders know something while they are rushing to sell shares. I wonder what they know. I fear that they know that the house of cards is about to collapse.
How high do you guys think the stock price will go once the company announces the REAL e-cig is available and financials? Will it be a big pump and dump spike as we have seen in the past?
The PPS losses will not abate as long as newly created shares are dumped onto the market.
Predicting trends based on the PPS chart is inaccurate for a massive diluter like SFIO. Rather you should be charting the market cap. The stock actually has the same market cap as when it was trading well in the pennies.
I predict an o/s of 2 billion shares and a pps of 0.0005 by this time next year. Mark this post.
If you look at the chart in the iBox you will see that October 25th, the day that the company filed to greatly increase their shares outstanding, floating, and authorized, is the same day that the share price and accum/dist lines nosedived.
The company filed that they would be distributing shares and the chart shows someone is distributing shares. It is up to the investor to determine if the shares that are flooding the market are from MMs getting severely short the stock or if they are from the company that told you that it increased outstanding shares by 25 million last month.
Pumpers Yoda and TopDog will try to convince you it is the MMs despite evidence to the contrary. The MMs are not insidiously driving this stock down as some pumpers on this board would like you think. Rather, the market is doing its job and the PPS is going down in response to the selling pressure caused by the newly issued shares being dumped into the market.
Shares outstanding increased by 25 million in January and only 54 million shares were traded during that month! Try to wrap your head around the magnitude of that dilution.
Lastly, no one in the history of the world has come forward and acknowledged purchasing the company's flagship 'Real' product (you have to admit that TS has a sense of humor in calling his product 'Real'.) Thats probably bad for the share price too.
The next future catalyst might come when the company proves that it actually has product. So far nobody who ordered the Smokers Option product on the website has received their order. The orders were placed two weeks ago.
-MARK IT - We will be playing in the .007's with in the next couple days if not by 2marrow and by the end of next week we will be over a penny IMO
doesnt matter if it is getting messed with there are always simple rules to follow,,,,and if you know what they are then ..............History always and i mean always repeats itself
thats one of the rules
look back to oct. when we were flirting with the .004's
the rsi was around what?
the rsi is now around what?
doesnt matter about the manipulation
its called human behavior folks it is wired in us to repeat things
Skillcraft
I'd love to hear a review of this product when you get it even though this Smokers Option product is no Real.
I will update as soon as i get the carton i ordered.
Nobody is short SFIO.
Nobody is ever short SFIO. The empirical data that proves this is copied below. Short interest data is published twice a month. As of Jan 14 there were 13,401 shares sold short. (0.002% of shares outstanding)
I am highlighting this point because pumpers on this board often accuse those with negative opinions of being short the stock. Just yesterday two longtime pumpers Topdog and EliteYoda accused me of being short the stock. On my phone call with the CEO this afternoon he blamed some of the selling pressure on short sellers.
If you see a poster accusing a negative poster of being a short you should seriously question how much faith you put in the person making the accusation. The same rule should apply to the CEO of the company if he is blaming market activity on the shorts.
In the interest of honest discussion it is important that investors acknowledge that none of the negative posters here are ever betting against the stock for any prolonged period of time. If the negative posters don't have a financial motivation to be negative then it makes it harder to dismiss what they have to say.
In addition to the data showing that nobody shorts this stock logic also shows that nobody shorts this stock.
The reasons why nobody shorts this stock are because:
-The risk/reward is terrible. You would need to have a very high pain threshold to whether the potential upside to try to make less than $0.006 a share
-The margin requirements of $2.50 are too high for any small player to be short the stock. The small potential profits are too small for any big player to be short the stock.
-Because of the margin requirements, even if the stock goes down to zero within a year a short is only making 0.24% on his investment (0.006/2.50).
-The volume is too light to allow for any graceful exit of a large short position.
Market makers are sometimes short a small position in the stock for a very short period of time but they make their money by not taking a position for any prolonged period of time which you can see in the data below.
Only once was there a single short seller in this stock, holding a short position of less than 500k shares on 10/29/10 (less than 0.1% of the float). Note that this was four days after the company released its filing stating that they would be increasing authorized shares by 50% That short seller covered within the next two weeks after the stock fell 50%, a drop NOT caused by the short's presence but by the distribution of tens of millions of new shares onto the market.
http://www.otcmarkets.com/stock/SFIO/short-sales
Date Shares Short
1/14/2011 13401
12/31/2010 13955
12/15/2010 198330
11/30/2010 2000
11/15/2010 9206
10/29/2010 498500
10/15/2010 0
9/30/2010 8622
9/15/2010 145
8/31/2010 50000
8/13/2010 0
7/30/2010 912
7/15/2010 6912
6/30/2010 4543
6/15/2010 0
5/28/2010 5449
5/14/2010 0
4/30/2010 5880
3/31/2010 0
3/15/2010 1053
2/26/2010 0
2/12/2010 2163
1/29/2010 18239
1/15/2010 0
12/31/2009 8357
12/15/2009 3365
11/30/2009 1694
10/15/2009 0
9/30/2009 2788
9/15/2009 3269
8/31/2009 0
8/14/2009 1600
7/31/2009 4251
7/15/2009 0
6/30/2009 39
6/15/2009 0
5/29/2009 185706
5/15/2009 12000
4/30/2009 0
4/15/2009 1
3/31/2009 1
3/13/2009 20801
2/13/2009 1
1/30/2009 1
1/15/2009 1
2. stop short selling to TRY and make a quick $
Funman is right on the ball.
The CEO has acknowledged that he has been paying for advertising with shares.
fun you really must be running out of material. A reverse split for advertising. Even you can do better than that.
Interesting call with CEO Thomas Schroepfer
I called the CEO to see if I could get some clarity on the shares outstanding and float.
He didn't have the precise figures available however he gave me ballpark figures of 700m Authorized, 200m outstanding, he didn't know the float. These figures slightly underepresent those found on otcmarkets.com but he was just estimating.
TS had many positive comments about the company that, if true, should be good for investors in the absence of new selling pressure.
I strongly encourage investors to do their due diligence and not take these statements as fact. Some of these statements appear to contradict publicly available information and other research that has been performed on the company. I did not challenge him on any of his comments when they contradicted my previously held beleifs.
TS told me that:
-SFIO has not sold any shares in over 6 months
-SFIO has given away shares and has paid for some services such as PR campaigns with restricted shares.
-Restricted shares carry a 1 year lock up
-the PR services are to include online, print, and TV ads. SFIO is only paying to promote the product and not the stock.
-SFIO did not hire StockMister to pay for a promotion for their stock on Friday.
-TS speculated that short sellers, MMs, or the competition might be behind the fact that the stock has not risen as much as shareholders may have liked (he noted the stock was down on high volume.) However he pointed out that this was pure speculation and he did not know who was doing the selling.
-SFIO plans to make the nicotine ecigs available online in 2-4 weeks and that they are still waiting for packaging and the filters.
-He noted that packaging was coming from China and it shouldn't be expected until after the Chinese New Year
-Several hundred thousand filters have been ordered
-The filter supplier is AHN
-Several thousand starter kits have been ordered.
-The 'Real' ecig has been redesigned from what is sold in Europe to make it less expensive
-The 'Real' ecig has been on sale in Europe along with Smokers Option
-SFIO will make a small profit on the starter kits and TS believes that by pricing the starter kits around $18 will allow the company to capture a greater share of the market.
-SFIO will continue to explore selling their ecig on submarines.
I sincerely appreciate Tom giving me his time. We spoke for about 15 minutes. I strongly encourage investors to give him a call yourself to ask follow up questions that you may have.
Some of these points seemingly contradict some information such as the increase in share count and statements made by AHN about their relationship with SFIO.
Ironically, I now have done more DD after selling than while I was still a shareholder. If I believed all of Tom's responses I would be buying back in. I am currently on the sidelines. I plan to spend a lot less time on this stock. Do your own DD. I wish all shareholders and traders the best of luck.
According to
http://www.otcmarkets.com/stock/SFIO/company-info
Shares Outstanding 504,484,423 a/o Jan 31, 2011
Float 222,703,991 a/o Jan 31, 2011
Authorized Shares 750,000,000 a/o Dec 31, 2010
Shares Outstanding 479,527,454 a/o Dec 31, 2010
Float 237,860,520 a/o Dec 31, 2010
Authorized Shares 750,000,000 a/o Dec 31, 2010
Shares Outstanding 459,527,454 a/o Oct 25 2010
Float 150,103,991 a/o Oct 25 2010
Authorized Shares 750,000,000 a/o Dec 31, 2010
Float 120,893,991 a/o Jun 30, 2010
Authorized Shares 500,000,000 a/o Jun 30, 2010
I just got off the phone with the transfer agent and was informed that they were not permitted to let me know the shares outstanding or the float without SFIO's permission.
Is it abnormal that the transfer agent would not be authorized to give out that information?
Is that a cause for further concern?
It could be a mistake by otc. Call the T/A if you are worried. They will help you with your questions.
The company sold 25 million shares in January on total monthly volume of 52.5 million shares traded during the month according to the 'Shares Outstanding' data.
Is that magnitude of dilution even possible? Am I reading this shares outstanding data correctly?
edit: the float decreased from 237,860,520 on 12/31 to 222,703,991 on 1/31 at the same time that the shares outstanding increased by 25 million. Can someone explain how the shares outstanding might have gone up by 25 million while the float went down by 15 million? I hope I am somehow reading this wrong because the company being the seller on 50% of all trades during the month is hard to fathom.
Topdog52 said: I know who the big seller is and so do YOU.
Shares Outstanding 504,484,423 a/o Jan 31, 2011
Shares Outstanding 479,527,454 a/o Dec 31, 2010
Shares Outstanding 429,967,714 a/o Oct 02, 2010
3 million shares were sold at the bid from 11:06-12:01. The biggest volume was the 2 million shares sold at the bid from 11:46-12:01.
That seller then moved to 0.0055 where he sat until 1:41 when he moved to $0.0054. It does look like you are only dealing with one seller as the ask is thin and the bid is stacked. It does not appear that this is a individual investor doing the selling.
If the amount of shares that seller is unloading is limited then you could see a nice spike when the selling is done. If those shares are unlimited then you're effed regardless of how many times you average down. Keep in mind that the seller needs to unload enough shares to make its paid promotion of the stock worthwhile.
What time/sales and level 2 data are you watching that shows anything different from the selling action I just described?
Don't mislead people. Most of today's volume is BUYS! You're a liar otherwise.
Its probably a highly dangerous idea to be investing the last $360 that you can afford on SFIO stock
I hope that the Real ecigs being added to the website or that the release of financials provides you a nice spike up. This stock has shown that it can really run on news when it is not confronted by heavy inside selling pressure.
Today's volume of 5.4 million shares is consistent with a dump following the paid promotions of the stock that we saw on Friday
Just bought about 65,000 more shares at 0.0054 (all I could afford) and averaged down! Can't wait for another spike up
I believe most longs are doing just that - averaging down which attests for all the volume today. Can't be many of these mid .005's left.
I'm not buying back in.
SFIO has short term and long term positives such as: The new website, Real ecigs on the web within a month (?), a financial statement showing sales from Europe, and in the long term a product that plays in two multibillion dollar industries (smoking and smoking cessation).
Unfortunately, for the reasons in my last post I have come to believe that SFIO is selling a large amount of shares and that will depress the share price.
I sincerely hope that I made bad sales on Friday, that the stock rallies on good news, and that the posters here make a lot of money.
Are you buying back in tomorrow? How could you not hold
shares with the potential of this company?
I believe that StockMeister is just a third party that allows other corporations to make anonymous the source of money going to stock promoters. StockMeister could be SFIO or an investor looking to move the market. The only logical reason that a corporation or investor would pay for this service is if they are looking to sell shares and need to attract new buyers to absorb them.
In addition to the $10,000 StockMeister paid last Friday it also paid $15,000 to promote the stock on 12/3. On 12/3 the stock was at $.0073, it fell to $0.0045 over the next three days before the court victory vs. the United States sent the stock as high as $0.015 a week later it has since retraced.
StockMeister also paid $7,000 to promote the stock on 8/13
It is possible that StockMeister's ad buys put SFIO on the radar of some traders who bought into that run, allowing for that double off 12/3. It is also possible that this round of ad buys will have people looking as the company when it plans to announce Real ecigs in the US and release positive financial statements showing little dilution.
Yoda, you would have to be insane to short this stock, put up $2.50 in margin with support at $0.06 and huge upside risk. That is why the short interest was merely 13,401 shares on Jan 14.
StockMeister has paid $32,000 in the past year to promote SFIO. $32,000. In order to break even on that investment the company would have to sell 32 million shares that cost it nothing to create. The only entities with 32,000,00 shares (as of 10/15) are SFIO (~300 million shares) Thomas Schroepfer (73.7 million shares), and Evert Wilbrink the former CEO of NicStic (79.4 million shares).
The float has increased by 117 million shares (97%) since June 30
The authorized share count also increased by 250 million shares (50%) since June 30.
According to otcmarkets.com:
Shares Outstanding 479,527,454 a/o Dec 31, 2010
Float 237,860,520 a/o Dec 31, 2010
Authorized Shares 750,000,000 a/o Dec 31, 2010
According to the iBox:
Float 120,893,991 a/o Jun 30, 2010
Authorized Shares 500,000,000 a/o Jun 30, 2010
Topdog52 please update the iBox to clear up this discrepancy.
source for amount paid to promoters: http://stockpromoters.com/view_promotions_by_symbol.asp?promoted_symbol=SFIO
source for current float and authorized shares and short interest:
http://www.otcmarkets.com/stock/SFIO/company-info
What? huh? While Im sure all SFIO investors appreciate the info on the advertisement details, as you put in bold, it was 'StockMister, LLC' who paid for the advertisement, not Smokefree Innotec. I think you yourself have proven that it was not SFIO who paid for the ad, but another third party to pump the stock. I just did a simple google search on StockMister, LLC and stockmister.com came up along with a LinkedIn profile of the guy who started up stockmister.com and he is some stock market trader from a state SFIO has nothing to do with. I read some of stock misters' comments on marketwatch through the years and he actually is a VERY successful stock trader and whatever, if he has a stake in SFIO, I am actually MORE bullish on the stock than I was, especially after considering that we (the longs) are getting free ads to pump the stock which lifts everyone's cost basis here as new investors pile in. I think you must be mad about the pump that this ad will give to SFIO because you must be SHORT the stock, ouch. This is just simply not very interesting news, and really has nothing to do with the company or what is most important --> a current FINANCIAL REPORT. But thanks though for the ad details anyways, do or do not, there is no try.
GLTA!
Proof of the $10,000 fee paid to pump SFIO can be found below and also by following this link:
http://thestockmarketwatch.com/newsletters/2011/02/04/epic-watchlist-for-friday-24-sfio-is-a-sub-penny-on-our-radar-tomorrow/
Even if $10,000 is not a lot of money to a band of pump and dump ihubbers they still would have needed to hold 10,000,000 shares prior to the pump with the goal of making the share price rise $0.001 from where they bought the stock in order to merely break even on their investment. There has not been evidence of significant new buyers over the last couple months except maybe 3 million or so shares purchased at the $0.006 support level that would support the theory that a person or a group has been accumulating shares with the intention of later buying a press release and dumping them on the market at a later time.
I think that the only parties with 10 million or more shares of stock are probably the company (~290 million shares), Thomas Schroepfer (73.7 million shares), and Evert Wilbrink the former CEO of NicStic (79.4 million shares).
Oh and Pauly the Fish claims to have 10 million shares
But he is long and strong
Full disclaimer can be read at http://www.epicstockpicks.com/disclaimer Release of Liability: Through use of this website viewing or using you agree to hold Epicstockpicks.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Epicstockpicks.com has been compensated ten thousand dollats by a third party, StockMister, LLC for a one day Smokefree Innotec Inc. watchlist advertising services contract. Epicstockpicks.com does not own any shares of SFIO. Epicstockpicks.com was previously compensated thirty thousand dollars by a third party, Braveheart Marketing for a one day Polar Wireless Inc advertising services contract which has expired.
Read more: http://thestockmarketwatch.com/newsletters/2011/02/04/epic-watchlist-for-friday-24-sfio-is-a-sub-penny-on-our-radar-tomorrow/#ixzz1DD0vj6Fs
Number 1 show me the price of the pump. If you know it is $10,000 you know where to find the bill.
Number 2 there is a big group on ihub that plays with the price quite a bit to make lots of money. $10,000 to them is nothing if that is what they paid. But I have still not found anythiing stating that. I have heard they even have paid a few mm's off. That is just a rumor here. I am not saying it is true. If anybody paid $10,000 for that pump they better ask for their money back. That was a terrible pump. If sfio had $10,000 to pay for a pump, can you imagine how many filters that would buy. Don't you think that would be the direction they would go in. Anybody that believes sfio paid $10,000 for a pump is just down right nuts IN MY OPINON!
I will be waiting for the proof of the pump. lol
The float is 95% higher than what is in the iBox and the authorized shares are 50% higher than what is in the iBox. I don't believe that this is something that is too onerous for you to update rather I think its something that you would prefer most posters don't pick up on.
I hope you wouldn't have to update things like that "every other day," wouldn't that imply that SFIO was selling more shares every other day?
The day that this filing occurred and the extra shares were authorized was the recent relative high for the share price.
I agree that investors should check that link regularly, especially when all of a sudden the accumulation/distribution line takes a nosedive along with the share price. However, I consider myself fairly sophisticated and I only first noticed this yesterday. (so I guess I'm not that sophisticated after all)
If you don't want this post to call attention to these facts I give you my permission to delete my post after updating the iBox. I don't want to rain on anyones parade here, if I had PMs I would have sent this message to you privately.
that info has been sitting there at OTC for almost 4 months. We went over this months ago. All you have to do is click on OTC ever couple of days to see if anything has changed or call the T/A. I am not going to update things like that every other day which are very easy to find. This is one of the first places you should go when doing your DD.
There was a supplemental filing on October 25 that was published on November 3
It can be found here where it says "latest report"
http://www.otcmarkets.com/stock/SFIO/company-info
The iBox should be edited to reflect new information that is found on that page.
I copied the most positive aspect of the filing below however the filing should probably be read in its entirety by anyone who is invested in the company as it is not all competitive advantages, motivated distributors, and new markets.
4.
Competitive business conditions, the issuer’s competitive position inthe industry, and methods of competition;
SFI™ is the only product that looks like a cigarette and instantaneously delivers sufficient heat to safely vaporize nicotine that is stored in the replaceable filters so that the smoker experiences the same warmth normally experienced by smoking a regular cigarette. The technology that allows this to occur is ‘patent applied for’ by SFI™ which should prohibit other companies from being able to achieve this. Accordingly, this should give SFI™ a significant competitive advantage as competitors would likely have to infringe upon the patents to be able to offer the instantaneous vaporization of nicotine. SFI™ thus far is the only company that has been able to generate enough heat within a cigarette sized cylinder to vaporize nicotine and we don’t expect other solutions than our patented approach.
Our competition ranges from small and large companies such as Nic Stic to Phillip Morris.
There are three different ways of administering nicotine other than through burning tobacco or via non-cigarette-like delivery devices (nicotine patches):
Warming up tobacco: A couple of companies, including major tobacco brands have been working on solutions to generate nicotine from tobacco in cigarette like devices without burning the tobacco. Two examples, RJR Nabisco’s Premier brand and Phillip Morris’ Favor, have failed to generate excitement from the market because of a reported bad plastic like taste.
Cold nicotine method; A number of producers have opted to develop devices that release aerosols containing nicotine or other ways of making nicotine available without having to vaporize the nicotine itself. This method requires use of a nicotine-solution that is highly poisonous and may be deemed unsafe to children due to the risk of leakage of highly concentrated liquid nicotine. It will not give the consumer the orally satisfying feel of sucking the warm air sensation of a real cigarette. A number of cold nicotine products are already available. (Aeros and Ruyan). Austria and the Republic of China have already banned the use of liquid nicotine. No foolproof method of limiting each nicotine dosage per draw is currently being used.
Heated nicotine method. Nicotine evaporates at a fairly high temperature so the air must be sufficiently heated within the device before passing over the nicotine. A number of companies, including SFI™, have used various technologies to heat up nicotine until it vaporizes and releases a controlled measure through a cigarette-like device. These are: BlueSky, NicStic, BelAir and SFI™. Of the four companies, only SFI has been able to instantly generate enough heat within a cylinder the size of a cigarette to vaporize nicotine and SFI™ has applied for patent protection of its technology.
Principal products or services, and their markets;
We are in the business of designing, developing, manufacturing and marketing a hi-tech smokeless nicotine delivery cigarette like electronic device which is completely smoke-free and tobacco-free.
Our products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy smoking anywhere including places that prohibit smoking. Further, it will allow the smoker to enjoy smoking while not having to worry about the dangers and ill effects of regular cigarette smoking. Our research and development has been completed and the finalized product will be marketed world-wide in 2009.
SFI™ has create awareness for the product in crucial territories, starting with compact European markets by making the product available through motivated distributors such as Conway , using creative new and economic approaches that will be inspired by local anti-smoking legislation. The Benelux has a dense population in a rather small territory; a relatively high number of potential retail-outlets for our product; and, well organized logistics and infrastructure for communication with retail. The SFI™ Marketing Department organized a Focus Group program to find out how the consumers will react to various ways of advertising as well as different aromas. Subsequently the company has started selling the smokeless cigarettes through Conway, one of the largest vending machine point of sale vendors in the U.K. in 2010, and SFI™ smokeless cigarette will be continue to be introduced in most countries of the European Union, where markets with relatively high percentages of smokers will be prioritized: Spain, Italy, German speaking territories, France, UK and Scandinavia.
By the end of 2011 SFI™ will also be addressing key markets in the Americas and in the Autralasian market including Korea and Japan. These will, like North-America, require relatively high budgets for marketing and SFI™ consequently will schedule more definite planning for Asia and the Americas in the course of year 2011.
The cheap starter kit is a very good move.
A lot of posters have nailed it, its the razor-razor blade model, the printer-ink cartridge model.
They need to attract customers to their product. If the product is as good as advertised they will turn many of these initial $18 purchases into lifetime customers paying thousands of dollars annually. Smokers are some of the most brand loyal customers in any industry and you can't build that loyalty if people don't ever try your product in the first place. Making curious customers only put up $18 is a great way to get them to try the product over one of the competitors.
In my opinion, the only reason why SFIO might want to charge more for their starter kits is if they don't have the production capacity or cash flow to fill demand at only $18 per starter kit. In that case, they might want to charge more simply to reduce the initial demand as they get their finances and production in order.
As an investor you shouldn't concern yourself too much with 2010 or 2011 profits (as long as the company has the money necessary for operations without massively diluting shareholders) its more important that they build a customer base and prove to a potential suitor (ie. RJ Reynolds) that their technology is the one worth buying.
I hope you are right!
Pauly, even though you don't have the 10 million shares that you claimed to have yesterday. (It is obvious to anyone following the time/sales of the stock as well as your posts) it does seem like the amount of stock that you hold is very significant to you. I would suggest that you diversify your portfolio into some safer assets in addition to your penny stock investments. I am not making this suggestion based on a future prediction of SFIO's share price rather because it is only wise to not have all of your eggs in one basket... especially not a penny stock basket.
Your explanation is pure impatience - nothing else. 1-2 months and you could forget getting anything under .02
Why I sold the majority of my stake today (for a loss).
First off: now that I'm done selling I hope that the share price rises mightily and you all make tons of money. I spoke highly of the stock as I was buying it on the way down from $0.008 to $0.006 and I believe that it is only right to post again now that my thesis has changed.
I believe in the company and the product yet I can't hold the stock as it is breaking a primary rule of mine for investing in penny stocks. Sell into paid pumps.
When there is a paid pump it means that someone is looking to sell stock. Assuming that the pumper is trying to get the share price to go up by $0.001 then they must be selling 10 million shares to break even on each $10,000 spent pumping.
Someone paid at least $10,000 today (probably more as the promo is showing up in other forms than epicstockpics) in order to pump SFIO. The only reason why someone would do that is because they plan to dump stock onto the market. In order to make those expenses worthwhile they must be selling a significant amount of stock. I want to get out in front of that selling.
While one positive result of the pump means that new investors will be exposed to the company, investors who are swayed by a newsletter are a fickle bunch who will be selling their stock again soon adding new selling pressure to the stock for the next month.
After reading about the paid pump I looked deeper into SFIO's share structure. The SFIO shares outstanding has increased to 750 million from the 500 million that is cited as outstanding in the iBox as of June 30. The float has also increased by nearly 90% since June 30. This makes me suspicious that the pumper might be the company. (source: http://www.otcmarkets.com/stock/SFIO/company-info)
Something that makes me additionally wary is that my order for Smokers Option cigs is still awaiting fulfillment even though I placed it immediately upon the website's launch. I am not sure what to make of this.
I am very disappointed to have to sell for a loss because this truly is a product that I believe in. An ecig company will sell its product to big tobacco for hundreds of millions of dollars and SFIO might be that company as its product fills an important niche (vapor free.) I may buy back in at some point.
This comment made me laugh.
Then those companies can all get sued by China
CCME is outperforming everything in my portfolio since 4:00 pm!
I don't know about you guys but I'm cracking open a bottle of Andre.
Edit: In the 10 seconds since I posted this message CCME has fallen back to $11.15. I'll keep the champagne on ice a bit longer
$11.60 WEEEE!