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If you consider the massive greens in my accounts from SFOR being in beast mode since March, I think it is fair to say bonuses are for everyone smart enough to be here.
Looks like new base is .015 up from .01
Higher lows
Just churning through flippers and building stronger hands while the 20ma moves up.
2 weeks ago we were churning @ .01 and 4 weeks before that .004s.
Coiling up for the news we all know is coming. Fun times!
Who decided the responses were sticky worthy?
Equity short interest on FINRA always spikes before the investment groups orchestrate a take down. Of course you only see it 2 weeks after.
They are making their money on front side accumulations but greed is greed and when you know it is going to go down, you can't pass up a chance for more coin.
Jucas,
My friend you need to read the IRS publications on SHORT TERM and LONG TERM capital gains.
You are about to be in for a very rude awaking.
15% bracket and you are routinely scoring big gains flipping? Good luck on the penalties for under-payment. They will eat up that .5% interest paid on a savings account pretty quick HAHA!
Save some for the tax bill due 4/15! By Sept they will be freezing your accounts.
10 years of being very close to the legal field, I will tell you one thing. Partner sharing law firms DO NOT take contingency cases unless they are extremely confident of success. I don't care if it is for an attorney's Mom... the other partners won't have it unless they are practically guaranteed a big return.
They also aren't inclined to take a lesser fee once committed. This is their gravy train and they want maximum $$.... preferably before Christmas HAHAHA.
Just my two cent
I wondered if the investment group that runs and dumps this would try to get one more ride in before all of the scheduled news drops.
Looks like it. Text book walking it down just like prior episodes. Gobble up the cheaps.
Great for some buddies of mine as I told them to watch for this. Just increased their purchasing power quite a bit!
I didn't play my flippers stash this time though. Too much in play and don't want to chase.
Kay probably got 100 emailed about this. He is probably thinking "Do these idiots deserve the millions I am about to make them?"
This is the most preposterous accusation I have ever seen.
Are you stating the company is fake, the US issued patents are fake, the MSFT settlement and court records are fake, the current filed litigation is fake, the judge is fake, the apps on playstore&itunes are fake, the boxes in the actual Target stores are fake, etc etc?
Are you seriously stating that as fact?
I wasn't aware the PR said any time, just the 18th.
As if agenda notes somehow change the fundamentals of the company ROFL.
If it doesn't published by 11:59pm est then it is late.... if it does the jabbering is all for not imo.
There is no meeting today. That is 11/18.
Today is supposed to be the published agenda to give everyone an idea of what the meeting is going to entail.
This board has been through about every imaginable slight of hand in the last 7 months.
It has worked a few times but the members have become hard and polished as steel.
They don't run to the exit when fire is yelled. They are sound in their DD and they know what they own. They circle the wagons quickly now.
Even the pros have given up trying to shake them. It just doesn't work anymore.
Personally the suits only hasten the ultimate goal, which is selling product.
They help with liquidity and force people to purchase rather than steal the product.
So the suits are very very nice but the end game is revenue generation through sales. Those increased 60%+ last quarter and I am looking for 100% or greater this time.
Mainly I want those quarterly revenues greater than the overhead :)
It is getting there regardless but if a settlement wants to cough up enough $$ to immediately wipe it out... I am fine with that as well.
Hutch
Lawsuits are on Pacer as I said as well as tons of copies people posted on here.
If mods don't want to sticky them so be it. I don't have links which means I will expend just as much time as you would finding them.
I've already seen them, as well as extension request, counter claims, etc. There are all there.
Just go hunting unless someone has quick access to them and is nice enough to do the legwork for you.
You can go on Pacer if you have access. I don't though you could probably google IHUB topics and find the links some posted.
Negotiations are private obviously. One thing that is curious is all 3 independent companies have scheduled with SFOR to meet with the judge on Nov 9. Odd that SFOR would be willing to schedule 3 different suits on the same day if it was a hostile environment imo. You are running back and forth between rooms in negotiations with 1 suit.. much less 3.
As for previous settlement you need to consider some context. MSFT could have drug that out indefinitely and sunk SFOR. SFOR had their backs to the wall in red ink, toxic financing and paying very expensive attorneys.
SFOR settled for chump change simply for some liquidity and to get rid of the toxic financing. They accomplished that. The are starting to move product, their attorneys now are on contingency, which they don't do unless they are confident.. profit sharing and all.
So 10q coming out 11/14, 3 scheduled meetings with suits on 11/9 and a share holders meeting on 11/18 where they will ask to be reappointed by share holders as well as consider compensation increases.
Either they are very confident the share holders will be happy or they ventured into the medical marijuana field as well.
Connect those dots and profit imo....
Current or previous MSFT settlement?
This is where poor DD is going to cost you IMO.
This company has been fighting its way out of having its product stolen by some of the biggest names in the industry. It damn near went bankrupt trying to legally enforce its patents. It won an infringement suit against MSFT but one toxic debt holder elected to convert rather than accept repayment like the rest.
Most of the debt load now is carried by owners of the company through personal loans or secured loans.
They have 3 suits going with their attorneys taking the cases on contingency now. All 3 are scheduled to meet in early Nov. Revenues are increasing as people are now paying instead of stealing. 10Q is due 11/14.
All kinds of goodness are lining up. Similar companies have sold for $750 million plus and a great many seem to be infringing on SFOR's patents. Even with a 2.3 billion SS, that would put price at .35 on a 1 to 1 basis which not technology company is ever priced at.
This stock is on the threshold of a moon shot. It only goes higher. But it is your money so do with it as you please.
Hutch
Hi Gold,
Pertaining to the Kay buyout statement.
You are correct Kay wants to sell the company and I will give you my personal insight as to why. This coming from many friends I have who do the exact thing and live in big shiny houses.
All of the main players in SFOR are veteran business and technology men. They have done well but have always contributed to a company who profited off of their skills at a amount probably not commiserate of their pay check.
They are just good old fashioned entrepreneurs who believe they can make more for themselves rather than collecting a salary.
If you notice, they keep a very small staff. They run the bulk of their contracts through businesses like Alvarez. This keeps their overhead very low by not having a huge payroll, HR department and everything associated with growing into a large company. They have been there before and know what that entails. I don't believe they want any part of it again.
These guys each invested a lot of personal wealth in this company. They have even forgave owed payroll to themselves to make this company work.
It was mighty touchy in 2015 as they had exhausted all funding sources and had turned to risky, toxic financing to fund their last-ditch effort of the lawsuit.
They squeaked by, rolling 7s in the end. They paid off the bad debt and I am sure they will pay off the rest as contracts generate revenue and they reach agreements in their suits. Afterall... a lot of the debt is money owed to them through personal loans.
In the end they want to make all of the money off of their work rather than JP Morgan, Bell Labs etc making it on their behalf. All my opinion of course.
Hello Koog,
Beware, I left Friday an apparently respected SFOR poster and at some point, over the weekend, was moved to the looney bin haha.
Hutch
Ha! I go hunting over the weekend and I am flooded with angry messages about a post.
People upset should go back and look at some previous post of mine.
Many in here have cried "buyback". How much do they need to buy to make you happy? 1 billion? 2 billion perhaps and get it down to levels before the convertible debt holder rejected payment and elected to convert?
Obviously a lot of us have locked up a large portion of the float.
So if you could magically hold the price at .02 you are talking $40 million. In truth that wouldn't even buy a billion back as the price rose. You really want the company, fresh off liquidity issues to expose itself to more by buying back shares?
That is stupid and Kay would be an idiot to do it. Even after the remaining debt is paid off, cash from settlements needs to stay in the bank. Period.
So if you want to move up into more highly regulated boards where you have some protections from groups like the one making everyone have panic attacks every other month...you have to address the PPS. At 2.3 billion shares you need to valued at over $2.3 BILLION dollars ($1) to get in the real boards and honestly you need to be reliably above $5 to not get nasty grams.
Will they do it now? NO
Kay has stated over and over no R/S and he has been nothing but honest and a straight shooter. Plus this would be a HORRIBLE time to mess with the share structure and rattle investors.
But when the money starts rolling, contracts are in place, debt is paid off and liquidity is solid.... SFOR needs to move into better boards years from now if they don't get bought out prior.
If you don't like my logic.. sorry. I'm not saying it to make you feel good. I am looking at the health and longevity of SFOR.
I've also admitted I am fine with this. Push it into dollar land and get into some tighter regs.
I am up 2112% since June. I am laughing... all the way to the bank.
Apparently ASCM wanted to get it to .0153 but is settling for .0154
Still sitting @ .0164 so more shorts to cover.
MMs throwing every walk-down trick in the book @ SFOR this morning.
I expect to see the kitchen sink get thrown in shortly.
Proxy news from SFOR just hit my email
Edited... nevermind just Etrade being slow on the forms lol.
Taken down on zero volume... shake-n-bake
Kay is certainly no Urban Casavant
Historically they go anywhere from 200-500%. Charts say they accumulated heavy @ .01 so look for .04ish imo
That said there is enough news in the pipeline they may hang on to see where it goes.
Buy on rumor, sale just before news... though in this case I would say flip the normal pattern and add to your long position for the obvious end result being a homerun.
Caprock dweller myself. In at trip 3
#wreckem
A. People are putting 1+1 together through DD and stated dates of share holder meeting agenda, suits and 10Qs.
B. Investment group that has pushed this up is going to get one last push/dump in before the prices aren't as easily manipulated
C. All my buddies are finally buying in
So many catalyst it is hard to say. We all know where it is going but the schedule is impossible to accurately pin down.
SO its going to be one of those days again huh?
Grab the gunnels folks! If you cannot afford a boat and you bought SFOR, you can buy one SOOOOON.
No water? SOL.....
I can say with 100% certainty that the float is less than 2.27 billion ROFL. Your saying only 30 million shares are locked up?
Buahahaha,
There is WAY too much in the pipeline to keep up the baloney contentions. While fried baloney will do in a pinch, when the SFOR train comes to station I think I will upgrade!
Outstanding DD Zpaul!!!
Well if it is supported by Azure's directory as it states, then it is using SFORs product because that is exactly where the infringement settlement centered around.
BOOM!!!!
The investment group that usually manipulates this stock may be in a quandary here. There isn't as much of a time gap between buy/dump cycles before the anticipated news comes to fruition as usual.
I'll be curious to see if they run it up again or just hang back with their accumulated shares after the last bottom. As usual the longs see the light at the end of the tunnel and establish higher bases.
This will be interesting....
Judge still has to sign off on the suit withdraws. Pretty handy to get all 3 done on the same date imo.
Nothing more needs to be said. You can lead a horse to water but cannot make them drink.
There are other plays to make money on why this coils up for the next launch, as history has shown time and time again.
I haven't said much simply because I was comfortable with my purchase. I have just been playing other stuff while I waited for dates to come.
I will say all things considered I am much more enthusiastic then even before and for several reasons.
#1. All 3 suits going before the judge on the same day. Previous personal experience makes me inclined to think this is a formality to have the judge sign off on agreements vs moving forward with court dates.
#2. Quarterly reports being due on the 14th and my anticipation that revenue is steadily increasing.
#3. The shareholders meeting - This was a surprise but a nice validation of my beliefs from my DD. Simply because who would want to have their share meeting after a poor 10q and have compensation considerations as well as appointments of present directors up?
The share holders meeting wrapped all the pieces up in a nice bow IMO. I don't know if it is a buyout, settlements and/or licensing or just excellent revenue performance and big contracts but something large is looming.
Looks like Thanksgiving may be a lot sweeter than the pies this year!
Congrats to the SFOR faithful!
Hutch