Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So once again, It's time for a SERIOUS reality check for those investing in the OTC. Now this opinion comes only from, Give or take 30 years of Experience in the OTC and specifically in the pinks.
You can go to almost any OTC pink media site that most of the stocks, that we're "darling's" less than 2 years ago...Are filled with those understandably upset and frustrated that the majority of OTC has lost 80 plus percent....... I get it, No one likes to lose money.... But the facts are the vast majority of investors are not gonna do well in the OTC pink basement if they haven't been doing it for at least 20 years.
The reason this market has tanked as much as it has it's not hard to figure out. A bunch of nubbie armchair investors Loaded with stimulus money and extra time at home to keep an eye on their computer screen during covid, allowed for a perfect storm of speculative trading that at best comes along once a decade. All those other years are marked with very little to no Movement with a very small percent that actually make it into a higher tier.
After the majority of Newbies started figuring out that these stocks were not going to continue to increase And stay at ungodly PE and PS ratios..... And by the time they realized that the smart investors Took profits and that they weren't going to recover..... It was too late and they not only lost their investment but are now in the bag holding territory. The problem is, Not only the newbies, but those that have been playing in the OTC For the last few years, Decided they had enough, And pulled even more money out of the market... Essentially making the collapse even worse.
You see it posted in many media sites and on various telegram investing groups,
" I pulled my last money out of the OTC and I'll never try this again"..
Or some variation of that. The only movement in the OTC pinks right now are those trying to flip from one catalyst to another.... Sometimes you're lucky and catch a spike, But more often than not end up losing more on huge spreads or the occasional ovrrnight announcement that tanks the stock pre market before anybody can pull anything out (I e. George sharp)
In my opinion only, These multiple posts Across all social media sites Reflecting "sour grapes", Are coming from those aforementiand investors that have fairly little experience in the OTC markets.
You see some trying to convince othere's that certain graphing techniques Or Trend lines Can be used to make you rich in the OTC... But the fact is again in my opinion that's just a simple bumpkiss!
NOW.. Add to these pretty understandable truths, Consider the fact that the new SEC and federal rules have knocked out thousands of junk OTC stocks that were used mostly by scammers to Take newbies money,.... This has decreased the number of investors and money that temporarily pumped into the market To create false visions Of larger value associated with the OTC Pinks!
Add also to this fact that the SEC has started to crack down on some of the social media groups that are known for pumping or exaggerating worthless stocks.... Has made just that many more cautious and careful Of what's going into this lowest of the market tiers.
So Is this the final death blow for the OTC?? Maybe.... But some of us have heard this statement a few times before in the past.
Of course it is possible to make money in this now damaged and bruised market, But as I See it there is only 1 of 2 ways.
1) You can jump from one triple or quad 0 stock to another hoping that the next catalyst will bump it up for a tick or 2 profit. Sometimes you get lucky and can make good money that way.... But what the guys that swear to the strategy won't tell you, But there are a few honest telegram groups that are forthcoming.... For Every win, There's 5 they have to stop loss out of, Or find out in the morning that they've lost 80% due to some CEO stupidity!! Unfortunately, This strategy usually requires one to sit at a computer to be able to watch market movements, 80% of the trading day. For those that don't want to waste most of their time trying to catch that elusive winner..... There's really only one other strategy that has any hope of succeeding in the 0TC
2) This is where the experience Come In. In the past 2 market collapses like this one, The only handful of lower tier stocks that lasted more than a couple of years You were not those that had been diluted with 10 20 50 billion shares to fund operations that were still losing money. NO!!! The ones that survive Were those few that were already having significant revenues and either decent profit margains or were on the verge of becoming profitable. They also had a number of years of proven track record and expansion. They also weren't saddled by a bunch of toxic debt and had decent cash on hand in assets.
But for those That think all OTC like S FIO are nothing but scams. They will probably end up being right 90% of the time!!! HOWEVER, The statistical chances that any stock will make it out of the OTC pinks... Are greatly increased by choosing those companies with the characteristics I have stated and which SFiO can you tick off on almost every aspect.
EVERY OTC COMPANY Experiences delays or issues that keeps them from hitting their expected targets.... Almost none ever do this with any great percentage of success..... But those few are still right.... It's all a complete c*** shoot and any company can be Devastated from a number of unseen events. This is why getting to hire tiers are more important, More chances for funding at expanding without the use of toxic lenders et cetera. So once again let's look at The factors that espilo can check off.
First, I realized there are many that won't trust any information coming out of any company Unless it's completely audited by an official US company approved by the broader market. And foreign companies deserve greater scrutiny. However, As I have proved and present before The world's largest and oldest accounting Cleary house, Dunn and Bradstreet Have records and finanxials of many of they're various conglomerates that Confirm over half of their stated revenue as In quarterly And annual statements. So in other words they'd have to be lying by quite a bit to make this still not completely undervalued based on market norms( Not individual investor opinions).
Growing revenue strain
Significant profit margin
Assets far exceeding liabilities
6 years of history rat adding Profitable conglomerates
Regular communications with its investers even when they're Being blasted for not Is hitting other state of goals( Which is more than understandable given up any procession the world has been going through)
Desire for expansion into foreign markets
Putting their money where their mouth In developing these for an operations while
Trying to take the time to do it right by getting the appropriate Licensing trading agreements And advising partners To pull their plans off long term and not just Willie nilly
Since the finalization of the merger and name change, A relatively small amount of shares happened added especially when considecigarette the billions Constantly being added to many of the other OTC stocks. Plus, Reducing authorized shares And outstanding shares through consolidation
As I've already Admitted, The majority of OTC pinks are likely scams one way or another or management Has been forthright about this status. If one believes this then maybe the OTC market is not a place that that someone should be invested in.
Just a few things you might want to ask yourself For those that claim That the principles and officaesars are only interested in cheating and festers out of money.
Why spend all that money to develop network condition In the US And other countries?
Why waste money developing Resources for expansion in other countries?
Why waste time and money resources training and developing Is outlets in these other Countries?
Do you really think there's no purpose for bringing on a president that not Only runs his own family office Managing Mega wealthy families money.... But it's also senior adviser in another family office group that controls or have developed companies with an asset base of 5 billion dollars?
If this was a scam meant to do fraud investors ( Which really only happens when utilizing massive dilution And Toxic lending schemes) .... Why waste all this good hard and profit? I can think of a 1000 different ways to channel this kind of resources in the situation that would like the pockets of the majority owners and officers.
Of course you can choose to invest in other companies like 1st like for instance struggling Shrimp company that's reliant on 1 or 2 large contractsWith other potential legal problems ruin.
You could invest in failed MMA video promoters Trading in the triple zero's you have deleted themselves to where their debt is 5 times that of the meager have left.
If that's your cup of tea, Great I hope it works out for you. But speaking for myself and I think other longs still involved with this company..... The facts of their financial position looks a lot more promising That these other choices...... But hey, That's just me!
And since a few seem to not get it I will re state this once again.. The leftover longs still putting faith in this company are only risking those Dollars we are comfortable losing.... If S FIO pulls this out it becomes a national powerhouse..... That would be just icing on the cake for most of us..... So please, Enough of the false premise That's somehow old naive investors are being saved From a great scam
No I just put my Aggressive portfolio Allocation Into Call companies that at least have decent revenues and profit margins in the history of success......
The market is telling everybody this is a complete piece of c***. Master spread the speed of the stupid and tried to flip anything like this especially with mespecially when the bigger chance is that keeps heading down significantly. You can refer to charts all day long but c*** is c*** In the case of OTC they often don't apply
Maybe someday you'll actually pick a winner..... You know by doing the exact opposite of what you tell everybody else
Baaahhaaaa This is an absolute piece of c*** with more debt than they'll ever make an income. What is even more laughable that some will support a piece of c*** like then try to make others believe that a company with positive revenues and positive profit margin and along history .... Is much worse than this complete atrocity.....baaahhhaaaaa
Talk about the definition of the word hypocrisy. Funny it's OK to try to route people in to a company as bad a shape as this ( Oh it has such potential) but then try to talk others out of profitable ones
Baaaahhhaaaaaaa..... Thinking TNSP wasn't the biggest fluke of all time and thinking that George's record since then Hasn't doomed this merger to humble size company at best!!! ( I hear a company selling pet rocks again Is looking for investors)
By the way, What is the merger company again? The sad thing is, I still have some of those 3 centers Left. I feel almost guilty taking an advantage of what I know will be the faithful Throwing their last few dimes in at this To temporarily push it up after the lawsuit is finalized..... Not having any clue as to what type of company might merge into this in the next couple years.
Or it is still a lost cause from a failing industry that will never exceed its debts
Or maybe it's just time to stop waiting on this thing to do anything. Just can't quite trade out of that range, can it? After all I heard that the CEO used to be a plumber or something. Maybe just go back to triple 0 otc pinks.
Or maybe they can try selling chewed up foam "My pillows"....baaahaaa
Dump while you can .. Probably gonna collapse soon..... Come on, I heard that the CEO used to be a plumber.
And some have actually never supported a single stock....... Yeah...... So.....
Can someone post for me the definition of "pointless"
I love when we hear from old smokefree investors. Two things To respond to the old investors.
1st as somebody has already pointed out, These are 2 completely different unrelated companies.
Second, Like the last company that used this ticker, it was correct to point out that this is an OTC Pink stock and by its nature is much riskier than your average big board investment. Anybody SHOULD know this before getting into the OTC to begin with!!
Calling this a scam and "warning" people that you cant make money is a little like someone standing outside a casino yelling all the games are rigged and most people loss money inside.
Well duhhh, I don't think most gambling DONT know their odds going in...yet 99.9% don't come out claiming everything is a scam. A few, well versed and trained individuals know how to beat the system more times than not.
OTC is only For money one can afford to loose. 95% OTC companies will fail before getting to the next tier. That's why the few That have invested in OTC for more than a couple years, Look for those few companies that have Have a few distinct characteristics.
A history of a more than a couple years, Not a Flash in the Pan show up overnight company
Solid growing revenue
An actual positive net profit margin with debt less than assets
Signs of expansion with management That keeps in contact with the investors more than twice a year.
This of course in no way guarantees success, But practically no stock makes it out of pinks that don't at least have these characteristics.
Audited financials would have been great to see earlier, But given the nature of the OTC in the last year and a 1/2, I doubt we would have gotten anything but a short term spike no matter how good it may have looked.
I can guarantee you that the company has setbacks or had some regulatory delays that have kept it from meeting some of it's targets, I'm sure the Mini recession We have been in is not helping anything. This is the nature of business and doesn't mean That something is a scam If everything doesn't go exactly as planned. I doubt you'll find any company that made it to the big board That hasn't had to deal with multiple issues along the way.
SFIO Simply didn't get all of its merger ducks in a row until after the last of the Covid binge spikes acured. From the beginning of 2020 to around March of 2021, A trained monkey with a keyboard could have made real good money in the OTC market. 3, 5, 10 baggers We're happening every other day. I jumped from one to another and ended up with about 8 of these.
My last big gamble was going into SFIO with about a 3 month time frame hoping the binge bandwagon had not left town yet.....unfortunately, it was just a little to late. OTCs were collapsing right and left and Pinks have ended up loosing over 90% average.
The covid binge was a phenomenon And perfect storm of situations that come about at best once a decade. At this point, Almost all OTC pinks will remain essentially dead until the the broader markets recover first. MY experience has been that only the few the have the characteristics I mentioned, survive and eventually explode when the markets recover...but, it will likely still be awhile.
If you have any money left in the otc or in this stock, And you don't have the patience or you don't understand You are still taking a large risk, then by all means, maybe it's time to cut and run.
Just don't blame everything on a specific company, or the markets in general....if you don't like the odds....stay away from the roulette table,.... but please stop blaming the "wheel"
I only check in here every once in a while too. Win or lose this price might spike a few percent but the fact still remains that the Price this ran up to before was predicated on a billion dollar company merging in.
That ship pretty much sailed after sharp's comments After the collapse. If anyone still thinking hes putting NFT related Company together..... Well for the time being that's about the same shape as crypto.
As far as anybody knows there is no company to be merged in and even if it is, It will probably be lucky if it's slightly larger than H MB L.... Which is about where the current price would be justified.
This whole lawsuit has been a smokescreen to give sharp time to actually Find a 1/2 reasonable company. There's no indication hes found anything let alone anything good. The whole 32 warrant talk is nothing but smoke screen.
Well said...he has no clue!!! May be someday he'll pick a winner.....someday!!!
It's funny how many Stock investing geniuses and "back patters" were showing up all over social media when OTC had it's covid binge explosion. Then like at the end of most binges... All the sudden everybody's confused and upset That all those OTC companies, (95% that truly were complete crap to start) Collapsed in on themselves back to where they started or back to realistic valuations based on their limited revenue profits or growth!!!!
The reality has always been something along the lines of 3% of OTC pinks have EVER make it to the next tier or as high as NASDAQ. And the only ones that have have shown growth or some level of product that is truly unique or a long a steady growth history. Those that have positive Revenues and profit margins..... Even then only a few survive past a year or 2.
OTC is only For the gambling portion of anybody's portfolio...... Anybody that thinks We will have results like 2020 on a regular basis has not been investing long enough to understand reality.
Those of us staying in this long term are doing so with Money we have assumed is already gone!!! If they are as growing and successful as their numbers imply then those that havr stuck with it will simply see this as icing on the proverbial portfolio cake.
Anyone that takes the profit potential of OTC any more serious than I have just stated.... In my very humble's opinion, Should never be here in the 1st place.
Anybody calling the company or it's financials a scam On this or any media site...... Is like somebody standing outside of A store with a lottery ticket dispenser, proclaiming
"Hey, did you know that only like one in a million ever win this lotto thing...save your money, Your chances are just ridiculously little that you'll make any money!!! I bet those Pictures and TV programs showing people winning are all just fake!!!)
I'm sure you can all picture yourself rolling your eyes at the person outside making these statements as if it's some great revelation to you or anybody else!!!
I'm loving the stuff under one cent..... I'm actually down to an average of about one cent. I said it before, and I don't think it's right to do it, But given the "family office" connections, I wouldn't be surprised at all if these delays are meant to get the price down to where they can get out all the weak retail investors And allow the insiders To reap any benefit of potential price increases assuming they come out with solid good numbers and an audited financial.
Play the game responsibly and only with what You don't care if you lose. I just hope the majority of investors finally realize that the OTC is only for long term potential And require some level of Success to make it any higher...... And willing to have a lot of patience!!! 2020 Was great fun and exciting, But the truth is a perfect storm like that only comes about once maybe a decade. Just don't get mad if you miss it And then become surprised by how quickly the it reverses!!!!
STILL WAITING?!!!. ANYBODY have any solid info that anything "mergered" at this point will be any better than Hmbl? NFTs shot for the time being.. assuming that IS the target merger goal.
I guess they could do worse.... They could bring in someone like that absolute idiot Michael Lindell of my pillow. He might be a worse moron than the idiot running this company. Who else destroys half of his customer base, Because they have some delusion of grandeur that important people would actually listen to them and their cocket meaning conspiracies.
I'm sure This company will end up like him with a bunch of law suits against him, All the larger retails ticking him out.... Maybe you can do like you did another time which is the declared bankruptcy so he couldn't pay a law soon. Now there's a real piece of c***. Shred a bunch of foam and throw it into a cheap pillow case and call it.... Patented....
I can't believe anybody would promote this absolute worthless piece of c***..... So many better OTC companies to invest in that are profitable and grilling. I'd be embarrassed to own this company
What are those better OTC pinks again?
Merging with a SPAC... That's all anybody needs to know..... Look at all those multi baggers that came out of SPAC deals..... Oh wait..... They all crashed....baahhaaa. Come back in 2 years when they might get back up to last year's WORST price.
Baaahaaaaa, monkey trap, ..what other "better investments"? You mean ike BTD*, diluted so much that debt is 5 times the miniscule decreasing revenue.....and SFIO is a share selling scheme??? Baahhaaaa, Of course thats only one of many I could list that some here "may" be invested in...baaahhaaaaa.
LMV, I remember when some entered this all excited and then obviously didn't do any research and was "sold" on propaganda about them having no businesses.. even though they've survived and grown for 6 years. The market can't be blamed for inexperienced, impatient investors that buy on whims!!
Damn $8.80....65% in 2 days. Oppenheimer upgrades price to $12
Twas the night before final judgement, when all through Ihub
Investors were Thinking, "Surely George will deliver no dud"
Rumors of possible mergers hung in the air ,
in hopes that St. Georgie Would not give them another scare!!
The faithful were giddy the suit would soon be dead,
With only allusions of 32 cent warrants dancing in their heads.
But in the end they heard George exclaim, 'as all merger were driven out of sight,
"I screwed most on Humble, did you expect a different plight!!!"
Bought in yesterday based on financial analyst recommendation. Don't normally do biotech but the fact that 3 of their major lines are entering phase 3 With stellar result so far... Worth taking a chance. Mother passed from horrific Case of dementia. If it stands up through phase 3 trials, It should be worth multiple billions. Don't even care if I make money as long as it ultimately works
Maybe some here just haven't been paying attention to the OTC pink market. This is supposably a share selling scheme..... How many total shares have they added in the last year.... Oh wait that's right they actually decreased their total share amounts (even adding Reg A, its small % of total).
And NO!! Preferred Shares aren't usually added in market cap because they technically act more like loans than stocks And are heavily restricted.... In the very rare occasion somebody Convert those it's usually to get out all together as Making them common can allow you to lose control.
Obviously some aren't paying attention to the daily dailusge of popular OTC stocks that have been diluted into oblivion in the last year just to stay upload because they have no real revenue. Personally, I'd be too embarrassed to Call a company like S FIO as a share selling scheme and at the same time support a failed MMA video company who has diluted themselves thoroughly.... But that's just me!!
BTW,, I and others have posted a number of articles and Publications and "best of lists" including epiphany. Now do a search on one of the many thousands of cafes and donut shops in New Zealand and tell me how many of those have gotten even 1 mention anywhere online or in publications.... 99% have Nothing written to their names.... So yes they do have a presence!!!!!
profitable with growing revenue. I'm still waiting for someone here to show me an OTC pink stock that has better Financials.... And that those posting this Phantom company can prove they are personally investing in it!!! Basically no one can because no 1 has found 1.
And yes audits are important, But the majority of OTC pinks barely have financials let alone audited ones.
Yelp!! Baaahhhaaaaa.
So it is in my opinion that Posts and statements that try to place Ardent bakery into the grouping Of "bakeries" As defined by Yelp for the sake of tourist and retail locations..... Is misleading and yet further attempts to try to put red herring/false face arguments on the table to fit certain Biased positions.
First off... I have proven in past posts that sites like Yelp and Trip Advisor can be manipulated to show Whatever the user wants to project using filters and location tricks. I proved that the epiphany cafe's came up in the top rankings by using the same manipulation...... But that's not even what's being tried to be done here.
Second, Those "Best of listings", Which can be manipulated, Are showing retail And mom and pop type "bakeries". Ardent is a "wholesale" bakery.
Third, As I have used in the past to show False narratives about location and income of specific cafes..... You will see in this link, a Dun and Brad street listing of:
Grocery And Related Product Merchant Wholesalers Companies In Hamilton, New Zealand.
https://www.dnb.com/business-directory/company-information.grocery_and_related_product_merchant_wholesalers.nz.na.hamilton.html?page=3
Well looky there!!!! So that Not only proves their existence and past registered income.... BUT Take a careful look at some of the other "wholesalers" On the multiple pages in this listing. Of the hundreds of wholesale producers, You will find a number that deal with "Baked/bakery products" ....YET...
You would be hard pressed to find but 1 or 2 that are listed by those names in Yelp or Trip Advisor list of "retail bakeries"
This is just Another and a long line of Half facts or misrepresentations That have been propagated here.
Share dumping of "free shares" ..endless supply That apparently happened for months.
Jeffs was Previously a plumber or janitor or some other silly thing.
The actual full epiphany cafes Made no money(Where again D&B data proved false)
Etc.
Etc.
But Hey, Keep trying!! Debunking "posts" that in my opinion are frivolous.... Is what I'm here for!!!
Progress downward maybe.
Hey look, still a piece of crap with tons of debt and off 90% from a year ago. Spike and dive is the best you will see. How much revenue? 5X the debt...baaahhhhaaaaa...and this is better than companies with positive revenues and profits..baaahhaaaaaa...keep the dream alive. How that " cloud thing that lost over 50%...baaahhaaaa
Oopps, didn't go like you thought!!! Unlike you, I get in on the bottom of companies with positive revenue and positive profit and backed by mega bucks. May be you should go back to telling investors to buy into companies as it falls over 50%.
Thanks for the 63% gain!!! You cult pumpers are wonderfully predictable!!!
Hey, Whats your next BIG news catalyst...wanna plan accordingly!!
Just remember what Buffet said about money transferring and patience. OTC day/swing trading days are done for awhile!!!
Bbaaahhhaaaa, Best share value in all OTC...especially compared to massive losses and dying revenue of a failed MMA video taping company with no real viewer outlets!!!!
( just remember there are those that think thats a better investment...baaahhaaaa)
STILL havent figured out the real players here, have you!!!!???
Not time for audit yet...few more weak hands to clean out.
ANOTHER hint: the true interests here don't want retail investors...at this point!!
Here's what REAL investors know.
1) Audit or not, as long as they maintain this level of profit and growth....eventually mid level banks and institutions will be looking to invest some portion in more agressive, up and coming, PROFITABLE ventures to boost their returns. THEY WILL NOT be considering heavily diluted, loosing "fight clubs".
2) Connections to money and company incubating funding sources will help lifts the profitable winners from the lovers.
3) SFIO is one of the handful of companies whose PPS is WWWAAAAYYY undervalued(don't even have to pull fake numbers out of nowhere to prove it).
When the OTC recovers somee price validity, those like SFIO will be noticed. Just like after last OTC crashes, the good ones will quickly turn into multibagger
Forget the bogus clains about OTC market "exploding"...Venture index showz otherwise!!!
Nothing better in the OTC right now.
Just like some cant actually invest
Oh, is "that" Billion dollar NFT deal back on?? Is he "remerging" into a quality company like HMB*?.
Like buying $1,000 dollars in raffle tickets for a drawing of a secret prize, excited because you were told it was sponsored by a local sleazy car dealship and the prize includes 30 free car washes(redeemable for 32 cents)......only to find out the prize was a lemon pie!!
I'm not sure if you posted that as a joke, But given Insalco Connection with his own family office and a senior adviser of another very large one... And looking at some of their history.... I'm very much thinking this is a solid possibility of them "ok" with a lower PPS right now. You're playing around with other peoples money that add up into the billions.....You don't waste your time playing around with a company like this unless you have plans for it.
While it's funny that it took many months For just one of the many doomsday predictions to come true (below one, never get above 2, etc)... I can't believe I picked up some shares in the 009s.
And even though we had a good NASDAQ day, although some will try to tell you something different, The vast majority of OTC stocks are still not getting benefit of the slight Upturn in sentiment and price in the higher tiers.
In the meantime, It's always funny to hear About those that think this is a bad Company based on What they think are Amazon sales figures And something about a lawsuit against Krispy Cream?... Like that has anything to do with S FIO whatsoever...baahhaaa
Gotta go now, I'm busy spending lots of time writing bad reviews for a car I was "thinking" of buying 6 months ago but heard they had a recall or something,, changed their selling formate, other "things"...and I just don't think they are a legitimate company.
But if they change all that...IM BUYING ONE!!!
Who is the merger company again?...oh, yaaaa.....
Shhhh....32 cent!!!!
Bet your going to buy in now on a spike like that "cloud" play.....baaahhhhaaaa... timberrr
Be here at what?...10 cents...baaahhhaaaa
BTW, Trigger was a horse,.... think you might be familiar with the "tail side"!!!
Many got stung hoping OTC runs Last forever.... Yeah, We get many are unhappy and mad That they weren't able to learn how to Trade in the OTC long term..... Saw all of these same reactions back in 08 and after the Dot com crash. " Its a scam", "companies are fake", "MM screw everybody", " I'm never touching an OTC stock ever again".
And YET, We still got the covid binge inspired OTC free-for-all. It doesn't take long to look around all the other OTC blog sites to see that almost all of them Are being overrun by Those that got stuck and are angry.... I get it.... Nothing has changed from the other 2 "binge" situations.
But here's where experience comes in. I bet heavily on Ebay and AMD for 2 years as they continued to fall after 2001-2 crash. Many investors told me I was crazy and that most of these "Internet companies" were going to end up just like www.wewipeyourbuttforyou.com..or whatever silly startup was attempted. Took a couple years for it to finish Falling and then spiking up relatively quickly. Due to averaging down, Ended up with a couple 4 or 5 baggers. Doesn't seem as impressive with some of the runs during the covid binge.... But when the markets were either down, or stagnant, for the same period.. It did seem like a winning lottery ticket.
So let's repeat what many have been saying here and on other otc sites. "ALL OTC PINKS ARE....GAMBLES!!!! There,... Is that clear enough. At the height of the OTC binge I had almost 50% of my funds playing the spikes. After it was apparent the fun was over, My OTC exposure came down to 3 or 4 stocks And Down to 15 to 20% of the total portfolio. For the most part, Only playing with the massive gains achieved during the binge( sorry if others weren't successful or bought high) as well as gains this last year from Playing ETF leveraged bear funds And straddles that take advantage of the High volatility in many markets right now. I'm guessing that over 90% of those still playing OTC pinks will tell you that this is their "pulled back" Gambling portion.
So basically, enough of the, in my opinion, false concerns for fellow investors. Many here, both "longs and gones", show histories of previously or currently supporting or following stocks with much worse Price collapses or Diluted financial junk!!! ( or afraid to list choices) BTW, My previous comparison charts are for mostly OTC pink stocks... That we have established are always a gamble.... So those can stop comparing S FIO to higher tier stocks.....WHICH, as the Venture index show... are still searching for BOTTOM!!!
NOW, as far as SFIO.... Those with all the "concerns" still haven't figured out what's going on. Ok, I'll give you a couple more hints But most in the form of questions.
I previously gave you one organization to start with, But basically if you look at the new president's connections.... It's not just with his own company and his Advisory position with a "family office" (i.e. mega bucks)...but he is also In a senior advisory position with Another conglomerate of :Family office"
money Who not only manage and invest but use those funds to develop Support and invest in a number of startup companies which they often Combine with or place within Is their previous conomorates. We're talking a total handling, management of, or Investment start up funds Of close to 5 billion dollars. Ssssooo.....
Anybody not think its a coincidence that they got their Reg A money right after getting their new presidente?
Does anybody here really think that someone Thru over a million and a 1/2 into this conglomerate That doesn't know what they're doing? ( I'm sure many "Experts" here have that kind of money to throw at something)
Does anybody think that someone involved with managing or having access to billions of dollars would waste their time playing president Of a company they didn't have intentions for?
If you do a little research, Do you really think E XIM Bank would authorize a loan to a company that didn't have significant other backing?
While most of us think it's terribly premature, Do you really think all that name recognition They're trying to put out on Wall Street, Isnt part of a larger plan.
Why do you think the new, Money accessible presidente, Is expressing such a desire to ADD new "profitable" ventures into SFIO using non dilution resources (venture capital)?
In case you still haven't figured it out, I'll make another statement That may seem negative but may help you figure it out. I believe ultimately, Jeths makes a good ethnic "figurehead" for what's coming.
Here's another hint, The statement often made here about this price being manipulated is probably correct ....but not in the way it's been stated here. I wouldn't be surprised if the delay in the audit was not somewhat intentional, ...I wonder? .... Which investors or what Possible investment group..... Would possibly benefit from picking up shares Of a positive profit revenue conglomorate at a fraction of its current PE & PS ratio...as long as they could. ( Those with Mega resources, Have a lot of PATIENCE!!!)
If I was trying to put together and OR planning on adding to a current listed Stock company..... For very wealthy clients..... I think I'd try to get those shares out of the hands of retail longs as cheaply as I could too!!! There are some more clues if you do some really deep diving Into the various relationships with the new management,.... But I'm sure most here would just find a way to dismiss it all..... So you'll have to figure it out for yourselves.
Given what I've personally found out and what "I" think is the future of this OTC company,.... I can honestly and confidently say...... I can't believe the fortune I have of picking up this company shares at close to a penny!!!!! Average is now down to almost 1.5 cents. ( And still very positive On total portfolio for the year!) But hey, Each to their own.
Another hint: Another reason I'm NOT posting here daily anymore,
1) While it's fun aggravating some, It's getting to be a bore and there's better things to do
2) If Im correct in my assumptions, I don't honestly care how low this share price gets.... And I'm willing to take advantage of those that lack the "patience" described above!!
For more good S FIO information And revelations About some of those that May have interest in it one way or the other...
https://stocktwits.com/Beauneedsbiscuits/message/494321969
GS: forget about all the lies and screwups. Suits over soon!! Just wait for my mergers!!!! And if you are thinking "even if he has something its probably low value crap like HMB* " ..don't believe it!!! You all should KNOW its good because.....ssshhhhh.......32 cent Warrents!!!! Hehe. No other proof should be needed.. "promised land, baby!!! Oh, wait...well ..you know.
Wish you stayed with the "other" one? What caused this crash?