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Hmmmm... 10,000 on the bid at .0131 and 155,000 offered at .0135 how do you see it going up? we are only 200,000 away from .0081!
113,000 for sale and only 10,000 0n the bid at .013
Somewhere somebody is thinking about using there mortgage money to invest! Maybe I can stop them from losing it!!
Yep you got me! I shorted this crap! Really??
If you know what your getting into have at it. But some here actually think this company is legit. IT'S NOT!!!!
I bought some of this crap back in january at .0085, rode it up to .05 and sold out when they started talking about an African deal. Ive been to africa and i know how these scams work!!! Run while you can!!!
Does anybody really believe somebody is loaning them a hundred million dollars??? Has anybody ever seen a prototype???
When a company can't make it in the USA they head to Africa to pump and sell shares!!! It will soon be gone! Can anybody here provide proof of anything they say!!! No!! they are in Africa!!!
This is a new Nigerian scam!!!! beware!!!!
slow bleed anyway you look at it.
Im betting they are having trouble figuring out the share structure because the cancelled shares where sold into the market.
However it shakes out, they will be diluting the crap out of this with this PR and several more to follow.
Its a very simple thing to find out. The company needs to answer the question. Some may own cancelled shares.
It may be that simple, but it may not be. I know people that were caught holding shares that were cancelled and lost their shares. They tried to go after the broker but where told they had to go after the company instead.
Maybe the transfer agent will clear it up. How many share holders and the number each one holds. My guess is these share are in the float somewhere!
Im not disagreeing with those reasons at all. However as soon as a new company gets control they can basically wipe out all the existing commons by restructuring.
Yes, for a short period, but then crash! Why would a new company want to take on old investors of a shell?
I here a RS is in the future! SEC says no paper work filed to start it trading again. MMs started trading what they got stuck holding 8 years ago.
Anybody can file that court document for $50.00(a small price to unload millions of shares)
Make sure you do your DD here!!!!
We are staring to see who was quietly loading.
So the pump has begun!!!!!
Level 2 looks like crap! 500,000 on the ask and only 10,000 on bid!
You can't buy unless somebody sells!
I just want to know where the filings are that made it possible for it to start trading again. It can't trade without them, so where are they. The only people I know that can do this are the market makers! You can sell or hold for all I care, but something is not right here and it could be shut down again without notice.
Or it's being manipulated by the mm's as they sell what they got stuck with.
How could they do that without the companies permission? And according to the SEC it would've had to be made public. Does anybody have a copy or link to the filing? Im staying out until there is some clarity.
I was told no filings have been made. thats why they are going to get back to me. Its wierd.
Is it possible that the MM decided to start trading so they could dump shares they got stuck with in 2010?
I sold out early this week. Something is not right. Ive sent inquires as to why its trading again to the SEC and the OTC. They are going look into it and get back to me. They said it can't start trading again until there are updated filings, and there aren't any. Does anybody else have any info?
1,650,000 on the sell at .0048 and only 250,000 on the bis at .0045. Not good
I don't understand it, but i will play along!!!!
39,000 0n the bid and 250,000 on the offer. I think its about to go down! End of day paint may be coming though!
Im not sure why people are buying at the current level. I understand taking a risk on a play in the trips but this could fall a long way quickly! There are buyers, but how long is anybody's guess
I have level 2, Somebody is propping it up, but I'm not sure why. Nothing is happening.
Im out, unloaded over the last few days. I will reload later if it keeps dropping.
8 years ago, SFIO was my first ever penny play! I bought 25,000 shares and it started to go up, the next day I bought another 25,000 shares over lunch. 20 minutes later the SEC halted it!!!. Ive always kept it in my Que as a reminder that penny plays are a gamble! However I like to gamble, so I averaged down buying an additional 400,000 shares at .0012 a few weeks back. I'm now even after 8 years!!!
Go SFIO
This will go down on little volume. Im not selling because I counted it a loss 8 years ago! I'm of the opinion this was reopened for more then just selling old shares. Whoever reopened it would be trying to buy all they can, for as cheap as they can. I'm going to be ready for the new pump.
If the patents were sold, where did the money go? Just because we weren't trading doesn't mean the share holders are out!
Who's calls a broker to buy a penny stock??
Wow the pump is on! They are now promoting PRs!
Patience....it will start soon