Betting on the Underdogs..
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Looking like a scam here.. No operations, and everyone is being paid in worthless stock:
Share-Based Payments:
In March 2016, amended guidance was issued for employee share-based payment awards. The amended guidance makes several modifications related to the accounting for forfeitures, employer tax withholding on share-based compensation and excess tax benefits or deficiencies. The amended guidance also clarifies the statement of cash flows presentation for share-based awards. The amended guidance is effective for us prospectively commencing in the first quarter of 2018. Early adoption is permitted.
http://ih.advfn.com/p.php?pid=nmona&article=72307912
SFOR-CRASHDOWN!! Triple zeros again..LOLLLL
Look at the filings..Half went to the Attorney, another chunk went to taxes, and the rest disappeared from the books. NO DEBT WAS PAID..
http://www.otcmarkets.com/stock/SFOR/filings
SCAM-At June 30, 2016, the Company had cash on hand in the amount of $1,667,607. The Company's ability to continue as a going concern is dependent upon its ability to implement its business plan. Currently, management is attempting to increase revenues and improve gross margins by a revised sales strategy. The Company is redirecting its sales focus from direct sales to domestic and international sales channels, where it is primarily selling through a channel of Distributors, Value Added Resellers, Strategic Partners and Original Equipment Manufacturers. While the Company believes in the viability of its strategy to increase revenues, there can be no assurances to that effect. The Company's ability to continue as a going concern is dependent upon its ability to continually increase its customer base and realize increased revenues from recently signed contracts. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stock holders, in the case of equity financing.
Reverse Stock Splits
In January 2015, the Company effected a 1:650 reverse stock split of the Company's issued and outstanding shares of common stock.
In July 2015, the Company effected a 1:1,000 reverse stock split of the Company's issued and outstanding shares of common stock.
All share and per share amounts have been adjusted, on a retroactive basis, to reflect the reverse stock splits adopted by the Company as if the reverses had occurred at the beginning of the earliest period presented.
FRAUD:(a) At June 30, 2016 and December 31, 2015, $542,588 in aggregate principal amount of the DART/Citco Global debentures was issued and outstanding and are secured through the note holder's claim on the Company's intellectual property. The secured convertible debentures are in default. Due to the adjustable conversion price feature of the secured convertible debentures, the conversion feature of the notes were accounted for a derivative liability (see Note 7). DART did not process any conversions in fiscal 2016 or 2015, and the Company has been in contact with the note holder who has indicated that it has no present intention of exercising its right to convert the debentures into shares of the Company's common stock. In connection with the secured convertible debentures with DART/Citco Global, we granted DART/Citco Global a secured interest in all of our assets. Under the terms of the secured debentures, we are restricted in our ability to issue additional securities as long as any portion of the principal or interest on the secured debentures remains outstanding. During 2016 or 2015, we did not obtain DART/Citco Global's written consent related to any of our financing agreements.
(b) Convertible notes payable consisted of thirteen unsecured convertible notes ranging in interest rates of 0% per annum to 18% per annum. The notes are convertible at a fixed amount into 13 shares of the Company's common stock, at fixed per share amounts ranging from $1,950,000 to $9,750,000,000 per share, as defined in the agreements. The notes were due in various dates through 2015 and are all currently in default. The Company is currently pursuing settlements with certain of the holders.
SFOR-BEWARE this "Company" is selling products that are Outdated and obsolete. This Tech was ALREADY installed on all devices 5 YEARS AGO. Kinda like buying 2 atnti virus products, and having them fight each other and make the device MORE VULNERABLE. It is PROVEN..
As for Biometrics, it is already in mass availability by REAL Companies..
Yea, Right. Conman Kay and his SCAM here will be in court with litigation draining shareholders all the way to SEC suspension.
SFOR SCAM: Reverse Stock Splits
In March 2014, the Company effected a 1:1,500 reverse stock split of the Company's issued and outstanding shares of common stock.
In January 2015, the Company effected a 1:650 reverse stock split of the Company's issued and outstanding shares of common stock.
In July 2015, the Company effected a 1:1,000 reverse stock split of the Company's issued and outstanding shares of common stock.
Share numbers, share prices, and exercise prices have been adjusted, on a retroactive basis, to reflect the reverse stock splits adopted by the Company as if the reverses had occurred at the beginning of the earliest period presented.
http://www.otcmarkets.com/stock/SFOR/filings
Next R/S could be Tues.
SFOR Stock is currently worthless according to the latest filing:
Common Stock
During the six month period ended June 30, 2016, the Company issued an aggregate of 2,260,252,983 shares of its common stock as follows:
· Convertible note holders converted $143,123 of principal, $49,560 of accrued interest and $386,352 of additional interest, or a total of $579,035, into 2,105,237,983 shares of common stock at conversion prices ranging from $0.000058 to $0.0008 per share.
· An investor processed a cashless exercise of 30 warrant shares into 125,000 shares of the Company's common stock. The investor received an additional 154,875,000 shares of the Company's common stock as modification consideration, valued at $185,850, and recorded as the fair value of shares issued for services in general and administrative expenses.
· The Company issued 15,000 shares of common stock for services, valued at $38.
ALSO, Investors are making SIDE DEALS for pennies just to get out:
In April 2016, the Company executed a settlement agreement with an investor relating to outstanding warrant agreements issued in conjunction with convertible notes that were repaid by the Company in January 2016. Per the terms of the settlement, the investor processed a cashless exercise of 30 warrant shares into 125,000 shares of the Company's common stock, valued at $150, and recorded as financing expense. The investor received an additional 154,875,000 shares of the Company's common stock as modification consideration, valued at $185,850, and recorded as general and administrative expense.
ALSO SFOR is selling off the Company's assets before they become worthless:
Asset Sale and Licensing Agreement
On August 24, 2015, the Company entered into an agreement with Cyber Safety, Inc., a New York corporation ("Cyber Safety") for Cyber Safety to license, and retain an option to purchase, the patents and Intellectual Property related to the GuardedID Ò and MobileTrust Ò software. In conjunction with the licensing and the option to purchase, Cyber Safety loaned the Company $408,000 in 2015 and $75,000 in 2016, of which a total of $450,000 has been repaid in 2016 (see Note 5).
16
Table of Contents
Cyber Safety has the option to buy our GuardedID Ò patent for $9,000,000 that expires on September 30, 2020. At June 30, 2016, the Company does not have an estimate if Cyber Safety will exercise its option to make the purchase. Cyber Safety will also resell our GuardedID Ò and MobileTrust Ò products, for which we will receive a royalty, while we retain an unlimited license to resell those products.
As a condition of the asset purchase agreement, Cyber Safety will license the Malware Suite (as defined in the Asset Purchase Agreement) up to and until September 30, 2020. Pursuant to this license, Cyber Safety shall pay the Company 15% of the net amount Cyber Safety receives, as defined, which amount may be increased to 20% under certain conditions for ProtectID Ò , and is subject to reduction for commissions and support costs that Cyber Safety will be obligated to pay to the Company.
In March 2016, Advanced Cyber, a subsidiary of Cyber Safety, agreed to pay the Company $25,000 per month as a license fee in conjunction with Company's agreements with Cyber Safety. Included in revenue for the three and six months ended June 30, 2016 is $90,000 and $100,000, respectively, of license revenue from Advanced Cyber. At June 30, 2016, the total license fee receivable due from Advanced Cyber was $100,000.
FUNNY, these figures don't show up anywhere but in this statement.
AND THIS:
EXPENSES: Compensation, professional fees, and selling, general and administrative (collectively, "SGA") expenses for the three months ended June 30, 2016 were $419,176 compared to $355,679 for the three months ended June 30, 2015, an increase of $63,497 or 17.9%. The increase was due primarily to the increase in salaries and related payroll taxes resulting from salary increases implemented in January 2016 and an increase in warrant expense. SG&A expenses consist primarily of salaries, benefits and overhead costs for executive and administrative personnel, insurance, fees for professional services, including consulting, legal, and accounting fees, plus travel costs and non-cash stock compensation expense for the issuance of stock to non-employees and other general corporate expenses.
INCOME: Revenues for the three months ended June 30, 2016 were $126,890 compared to $76,076 for the three months ended June 30, 2015.
They are in too deep..
http://www.otcmarkets.com/stock/SFOR/filings
Look at the filings..Half went to the Attorney, another chunk went to taxes, and the rest disappeared from the books. NO DEBT WAS PAID..
http://www.otcmarkets.com/stock/SFOR/filings
SCAM-At June 30, 2016, the Company had cash on hand in the amount of $1,667,607. The Company's ability to continue as a going concern is dependent upon its ability to implement its business plan. Currently, management is attempting to increase revenues and improve gross margins by a revised sales strategy. The Company is redirecting its sales focus from direct sales to domestic and international sales channels, where it is primarily selling through a channel of Distributors, Value Added Resellers, Strategic Partners and Original Equipment Manufacturers. While the Company believes in the viability of its strategy to increase revenues, there can be no assurances to that effect. The Company's ability to continue as a going concern is dependent upon its ability to continually increase its customer base and realize increased revenues from recently signed contracts. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stock holders, in the case of equity financing.
Reverse Stock Splits
In January 2015, the Company effected a 1:650 reverse stock split of the Company's issued and outstanding shares of common stock.
In July 2015, the Company effected a 1:1,000 reverse stock split of the Company's issued and outstanding shares of common stock.
All share and per share amounts have been adjusted, on a retroactive basis, to reflect the reverse stock splits adopted by the Company as if the reverses had occurred at the beginning of the earliest period presented.
FRAUD:(a) At June 30, 2016 and December 31, 2015, $542,588 in aggregate principal amount of the DART/Citco Global debentures was issued and outstanding and are secured through the note holder's claim on the Company's intellectual property. The secured convertible debentures are in default. Due to the adjustable conversion price feature of the secured convertible debentures, the conversion feature of the notes were accounted for a derivative liability (see Note 7). DART did not process any conversions in fiscal 2016 or 2015, and the Company has been in contact with the note holder who has indicated that it has no present intention of exercising its right to convert the debentures into shares of the Company's common stock. In connection with the secured convertible debentures with DART/Citco Global, we granted DART/Citco Global a secured interest in all of our assets. Under the terms of the secured debentures, we are restricted in our ability to issue additional securities as long as any portion of the principal or interest on the secured debentures remains outstanding. During 2016 or 2015, we did not obtain DART/Citco Global's written consent related to any of our financing agreements.
(b) Convertible notes payable consisted of thirteen unsecured convertible notes ranging in interest rates of 0% per annum to 18% per annum. The notes are convertible at a fixed amount into 13 shares of the Company's common stock, at fixed per share amounts ranging from $1,950,000 to $9,750,000,000 per share, as defined in the agreements. The notes were due in various dates through 2015 and are all currently in default. The Company is currently pursuing settlements with certain of the holders.
At December 31, 2015, the balance of the accrued interest on the unsecured convertible notes with fixed conversion features was $932,272. During the interim period ended June 30, 2016, interest expense of $40,174 was recorded, and at June 30, 2016, the balance of accrued interest on unsecured convertible notes with fixed conversion features was $946,273.
(c) At December 31, 2015, the balance of the unsecured convertible notes with adjustable conversion features was $824,861. During the interim period ended June 30, 2016, the Company repaid a total of $681,738 of unsecured convertible notes principal. In addition, note holders converted an aggregate of $143,123 of unsecured convertible note principal. At June 30, 2016, the balance of unsecured convertible notes with adjustable conversion features was $0.
The Notes were convertible into shares of Common Stock of the Company at the option of the holder at a price per share discount of 40% of the Company's Common Stock trading market price during a certain time period. The Company determined that the conversion prices of the Notes were not a fixed amount because they were subject to adjustment based on the occurrence of future offerings or events and therefore the conversion feature of the notes were accounted for a derivative liability. During the interim period ended June 30, 2016, the payment and conversion of the convertible notes resulted in the Company recording a gain of $635,600 related to the extinguishment of the corresponding derivative liability (see Note 7).
At December 31, 2015, the balance of the accrued interest on the unsecured convertible notes with adjustable conversion features was $296,396. During the interim period ended June 30, 2016, the Company repaid a total of $147,829 of accrued interest, and note holders converted an aggregate of $49,560 of accrued interest into shares of common stock. During the interim period ended June 30, 2016, interest expense of $13,278 was recorded. Additionally, accrued interest of $71,153 was forgiven and written-off, and at June 30, 2016, the balance of accrued interest on unsecured convertible notes payable with adjustable conversion features was $22,962.
During the interim period ended June 30, 2016, a total of $192,683 principal and accrued interest on unsecured convertible notes with adjustable conversion features was converted into 1,594,171,735 shares of the Company's common stock at conversion prices ranging from $0.000058 to $0.0008 per share. In addition, 511,066,248 shares of common stock were issued with a fair value of $386,202 as additional interest to certain note holders.
At June 30, 2016 and December 31, 2015, accrued interest due for all convertible notes was $969,235 and $1,228,668, respectively, and is included in accrued interest in the accompanying balance sheets. Interest expense for all convertible notes payable for the interim periods ended June 30, 2016 and 2015 was $53,452 and $104,245, respectively.
LIES- WHY WASN'T THE MICROSOFT SETTLEMENT FUNDS USED HERE:
Note 6 - Notes Payable – Related Party
Notes payable- related party consist of eighteen unsecured notes payable to the Company's Chief Executive Officer ranging in interest rates of 0% per annum to 10% per annum. The notes have extended due dates of December 31, 2016, with the exception of one note for $19,875 due in January 2017, and all are shown as current liabilities. The balance of the outstanding notes payable - related party was $742,513 and $742,513 as of June 30, 2016 and December 31, 2015, respectively.
At June 30, 2016 and December 31, 2015, accrued interest due for the notes – related party was $576,616 and $548,653, respectively, and is included in accrued interest in the accompanying balance sheets. Interest expense for notes payable - related parties for the interim periods ended June 30, 2016 and 2015 was $27,963 and $27,810, respectively.
SFOR is a joke, they spend all their time suing deep pockets for pennies. The next judgment will be a precedent for their worthless claims.. Look at the Microsoft settlement-NOT ONE PENNY went to paying down the crushing TOXIC debt. Conman Kay pocketed the spoils. What an ass..
SFOR Patents are COMPLETELY unusable and a ripoff of existing Keystroke, and bio metric, and does not function in today's tech. THAT is why the stock has always been SUB Pennies.... This is the Company with the REAL Patent that SFOR copied with a minor difference: keystroketech.com AND they went out of business.. lol All tech now have in house protection that ACTUALLY WORKS..
Ever wonder why when Strikeforce products are being removed from shelves??
SFOR patent have become outdated, while they wait for deep pockets to settle for pennies. Microsoft was a one time fluke. Others will drag it out until the patent expires in a few years. By then it and Strikeforce will be obsolete. Actually they are now. The tech they sell is already built into all devices..
They sold the other patents to alleviate some of the crushing toxic debt
SFOR FRAUD report here: https://www.sec.gov/complaint/tipscomplaint.shtml
and here:
http://www.finra.org/industry/file-tip
StrikeForce Technologies, Inc. is a fraud..Proven in it's own filings..
SFOR is more like TOD. What will be SFOR's time of death?? Conman Kay's time is running out after sideswiping his Stockholders.. lol
SFOR looks to be bleeding out. It just can't get out of it's own way.. Wonder if they have insurance for the head on collision they caused?? Medic!!!
Looks like SFOR patents went through the windshield at the scene of the crash.. lol. Probably spend 4/5 weeks in ICU, then get delisted...
$SFOR-What Company use it's only Patent AS COLLATERAL for TOXIC DEBT. Conman Mark Kay does. No wonder this POS is headed back to triple zeros, no bid then REVERSE SPLIT.. Unreal..
At March 31, 2016, $542,588 in aggregate principal amount of the DART/Citco Global debentures was issued and outstanding and are secured through the note holder's claim on the Company's intellectual property. The secured convertible debentures are past maturity. Due to the adjustable conversion price feature of the secured convertible debentures, our obligation to issue shares upon conversion of the secured convertible debentures owed to DART is potentially limitless. DART did not process any conversions in fiscal 2016 or 2015, and the Company has been in contact with the note holder who has indicated that it has no present intention of exercising its right to convert the debentures into shares of the Company's common stock. In connection with the secured convertible debentures with DART/Citco Global, we granted DART/Citco Global a secured interest in all of our assets. Under the terms of the secured debentures, we are restricted in our ability to issue additional securities as long as any portion of the principal or interest on the secured debentures remains outstanding. During 2016 or 2015, we did not obtain DART/Citco Global's written consent related to any of our financing agreements.
(b)
Convertible notes payable consisted of fourteen unsecured convertible notes ranging in interest rates of 0% per annum to 18% per annum. The notes are convertible at a fixed amount into 14 shares of the Company's common stock, at fixed per share amounts ranging from $1,950,000 to $9,750,000,000 per share, as defined in the agreements. The notes were due in various dates through 2015 and are all currently in default. The Company is currently pursuing settlements with certain of the holders.
At December 31, 2015, the balance of the accrued interest on the unsecured convertible notes with fixed conversion features was $932,272. During the interim period ended March 31, 2016, interest expense of $20,082 was recorded, and at March 31, 2016, the balance of accrued interest on unsecured convertible notes with fixed conversion features was $954,352.
(c)
The Notes are convertible into shares of Common Stock of the Company at the option of the holder commencing on various dates following the issuance date of the Notes and ending on the later of the maturity date or date of full payment of principal and interest. The principal amount of the note along with, at the holder's option, any unpaid interest and penalties, is convertible at a price per share discount of 40% of the Company's Common Stock trading market price during a certain time period, as defined in the agreement. In addition, the conversion price is subject to adjustment in certain events, such as in conjunction with any sale, conveyance or disposition of all or substantially all of the Company's assets or consummation of a transaction or series of related transactions in which the Company is not the surviving entity. The Company considered the current FASB guidance of "Contracts in Entity's Own Stock" and determined that the conversion prices of the Notes were not a fixed amount because they were subject to an adjustment based on the occurrence of future offerings or events and accounted for as derivative liability upon issuance in prior periods (see Note 7).
At December 31, 2015, the balance of the unsecured convertible notes with adjustable conversion features was $824,861. During the interim period ended March 31, 2016, the Company repaid a total of $613,351 of unsecured convertible notes principal. In addition, note holders converted an aggregate of $143,123 of unsecured convertible note principal. At March 31, 2016, the balance of unsecured convertible notes with adjustable conversion features was $68,387 and pertains to one unsecured convertible note which was repaid in April 2016.
Huge bloody car crash coming..lol!!!
Yea, Right. Conman Kay and his SCAM here will be long gone before discovery even begins..
SFOR SCAM: Reverse Stock Splits
In March 2014, the Company effected a 1:1,500 reverse stock split of the Company's issued and outstanding shares of common stock.
In January 2015, the Company effected a 1:650 reverse stock split of the Company's issued and outstanding shares of common stock.
In July 2015, the Company effected a 1:1,000 reverse stock split of the Company's issued and outstanding shares of common stock.
Share numbers, share prices, and exercise prices have been adjusted, on a retroactive basis, to reflect the reverse stock splits adopted by the Company as if the reverses had occurred at the beginning of the earliest period presented.
http://www.otcmarkets.com/stock/SFOR/filings
Next R/S could be Tues.
It was meant to be.. lol SFOR on the rocks.. No business model, like a slow motion car crash..
ConMan Fraud Mark Kay has always used this ticker as an ATM. Someone please put a tent over this corrupt circus..
SFOR-BEWARE this "Company" is selling products that are Outdated and obsolete. This Tech was ALREADY installed on all devices 5 YEARS AGO. Kinda like buying 2 atnti virus products, and having them fight each other and make the device MORE VULNERABLE. It is PROVEN..
As for Biometrics, it is already in mass availability by REAL Companies..
SFOR SCAM: Reverse Stock Splits
In March 2014, the Company effected a 1:1,500 reverse stock split of the Company's issued and outstanding shares of common stock.
In January 2015, the Company effected a 1:650 reverse stock split of the Company's issued and outstanding shares of common stock.
In July 2015, the Company effected a 1:1,000 reverse stock split of the Company's issued and outstanding shares of common stock.
Share numbers, share prices, and exercise prices have been adjusted, on a retroactive basis, to reflect the reverse stock splits adopted by the Company as if the reverses had occurred at the beginning of the earliest period presented.
http://www.otcmarkets.com/stock/SFOR/filings
Next R/S could be TODAY
SFOR-What Company use it's only Patent AS COLLATERAL for TOXIC DEBT. Conman Mark Kay does. No wonder this POS is headed back to triple zeros, no bid then REVERSE SPLIT.. Unreal..
At March 31, 2016, $542,588 in aggregate principal amount of the DART/Citco Global debentures was issued and outstanding and are secured through the note holder's claim on the Company's intellectual property. The secured convertible debentures are past maturity. Due to the adjustable conversion price feature of the secured convertible debentures, our obligation to issue shares upon conversion of the secured convertible debentures owed to DART is potentially limitless. DART did not process any conversions in fiscal 2016 or 2015, and the Company has been in contact with the note holder who has indicated that it has no present intention of exercising its right to convert the debentures into shares of the Company's common stock. In connection with the secured convertible debentures with DART/Citco Global, we granted DART/Citco Global a secured interest in all of our assets. Under the terms of the secured debentures, we are restricted in our ability to issue additional securities as long as any portion of the principal or interest on the secured debentures remains outstanding. During 2016 or 2015, we did not obtain DART/Citco Global's written consent related to any of our financing agreements.
(b)
Convertible notes payable consisted of fourteen unsecured convertible notes ranging in interest rates of 0% per annum to 18% per annum. The notes are convertible at a fixed amount into 14 shares of the Company's common stock, at fixed per share amounts ranging from $1,950,000 to $9,750,000,000 per share, as defined in the agreements. The notes were due in various dates through 2015 and are all currently in default. The Company is currently pursuing settlements with certain of the holders.
At December 31, 2015, the balance of the accrued interest on the unsecured convertible notes with fixed conversion features was $932,272. During the interim period ended March 31, 2016, interest expense of $20,082 was recorded, and at March 31, 2016, the balance of accrued interest on unsecured convertible notes with fixed conversion features was $954,352.
(c)
The Notes are convertible into shares of Common Stock of the Company at the option of the holder commencing on various dates following the issuance date of the Notes and ending on the later of the maturity date or date of full payment of principal and interest. The principal amount of the note along with, at the holder's option, any unpaid interest and penalties, is convertible at a price per share discount of 40% of the Company's Common Stock trading market price during a certain time period, as defined in the agreement. In addition, the conversion price is subject to adjustment in certain events, such as in conjunction with any sale, conveyance or disposition of all or substantially all of the Company's assets or consummation of a transaction or series of related transactions in which the Company is not the surviving entity. The Company considered the current FASB guidance of "Contracts in Entity's Own Stock" and determined that the conversion prices of the Notes were not a fixed amount because they were subject to an adjustment based on the occurrence of future offerings or events and accounted for as derivative liability upon issuance in prior periods (see Note 7).
At December 31, 2015, the balance of the unsecured convertible notes with adjustable conversion features was $824,861. During the interim period ended March 31, 2016, the Company repaid a total of $613,351 of unsecured convertible notes principal. In addition, note holders converted an aggregate of $143,123 of unsecured convertible note principal. At March 31, 2016, the balance of unsecured convertible notes with adjustable conversion features was $68,387 and pertains to one unsecured convertible note which was repaid in April 2016.
http://www.otcmarkets.com/stock/SFOR/filings
This just goes to show what a Fraud, and Scam SFOR is. Look at what these jackasses pay themselves for a Company with a worthless stock:
http://ih.advfn.com/p.php?pid=nmona&article=72622629
Agreed!! Quite a dip, but it looks to be recovering..
Awesome news!!
Yep-Like a carbon copy of yesterdays chart..lol
Anyone see that flurry of buys? now @ $3.66.. Hmmm
Anavex Life Sciences Corp. is a great Company, and (AVXL) will be a easy $25 stock..IMO Can you imagine helping prevent Alzheimer's? I bet 50k that they will.. GLTA
AVXL-Looking good for an uptrend.. Have a great day all..
UBQU-Pump and Dump: Ubiquitech Software, Corp. (UBQU) was the target of paid promotions earlier last week. Campaigns were carried out by stock promoters Penny Picks, Penny Stock Newsletters, Damn Good Penny Picks, Prepump Stocks, BeatPennyStocks, and PennyStock Buzz. The parties received a compensation of $14 thousand from an entity called ACN, LLC for the distribution of emails, promoting UBQU stock.
Looks like a new bottom has formed..
Looking like a bottom here..GLTA
Finally-Bottom Bounce in progress..
AXMM-FRAUD, Need to contact: SEC Fraud Tip Line
https://www.sec.gov/complaint/select.shtml
AND
FINRA Tip line:
http://www.finra.org/industry/file-tip
AXMM- Little Revenue. Debts. No Business.
As is usually the case with these types of hyped-up scams, it takes only one quick glance at the balance sheet to realize that the $173M market capitalization that this equity commands is beyond ludicrous. With $822 in total current assets and $79,927 in current liabilities in the recent quarter, it is clear it is not going to have monumental success. I find it difficult to believe that the company can make any moves in the right direction. It's my suspicion that the purpose of this company is not to succeed, but to sell stock. The recent volume is due to overly bullish emails and boiler room tactics.
Don't fall for the Pumps here. This is a bad place to put money..
Looking good here for re-entry..
Awesome stuff, Thanks!!
BOOM....