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.
Last I heard, there is no law against being an insider or even speaking about inside information. There is a law against using it to your advantage. I can not buy or sell so I am safe.
So. pitadog, do not go and buy or sell based on anything you hear here and you will be safe also!
Sorry, but none of your bullets indicate it was a scam.
1) fraud for selling 40,000 shares of stock with a kickback, who was scamed?
2) not just a name, still has a European patent and one pending? in the USA
3) Naked short selling was not done by SFIO, (MM's and DTCC's scam)
4) How is this a scam?
5) Lots of companies have never made a profit, all must be scams then?
As to your mistake re notification of the lock, what purpose would a PR from Roth after the lock would be? All he would know would be that there was a lock on, DTCC would not have told him why.
Now if you want to say it has been a poorly run company and It has a big hole to get out of to continue, I would whole heartily agree.
AchillesOFstock
How could he warn about the DTC lock before the massive trading and naked shorts that caused it?
650 million common shares authorized 633 million outstanding could only get 13,000 at the current price.
However,
100 million preferred authorized, 1 million series A outstanding (Roth's).
99 million available to sell right now as long as they do not violate , directly or indirectly, Section 10(b) of the Securities Exchange Act of 1934 per the court settlement.
There are options without the common being freed but the DTC.
Pitadog
National Securities Clearing Corporation's ("NSCC") is a subsidiary of the DTCC.
Services of the NSCC was suspended for SFIO by the DTCC so FTD's (which the NSCC is the entity that reports them to the SEC) are not reported any more so nobody knows what FTD's there are.
That is how they (the DTCC) take care of the brokers and MM's when they screw up.
cheers!
Then back to your original question, "Well there just went a $15.00 trade with $8.00 buyers and $8.00 sellers fee. What is the logic behind that? I don't think Scottrade is going to make a big profit there."
Twas not for year end tax purposes.
Please enlighten me as to its purpose if not to cover naked shorts!
If you are naked short, and you believe the stock could go to a dime if unlocked, you just saved yourself $500 with that $8 for 5,000 shares.
The joke is you think its important enough to keep coming back to say it not important.
Probably kept any profit with the subsidiary. If they brought it back to SFIO, it would be taxed again by the Feds.
not by the definition of exclusive
but you are right it is a spin and a good one at that
so what detergent, cigarette, drug, hamburger, candy, politician, etc. do not use words to make things sound better to the public when advertising or promoting?
You really believe anybody new won't put a spin on their PR's too?
wEaReLeGiOn SFIO had an exclusive (Not divided or shared with others) contract with AHN but AHN did not have an exclusive one with SFIO. Good PR use of wording but a scam it does not prove!
Still refusing to follow your own advice quoted below, how come?
"SFIO is done. Instead of wasting time here, get educated and start trading some other stocks, with what you've learned here. Anyone who has been trading a long time will tell you that everyone needs to learn this lesson; We all did, and many of us chalk it up to an education, and get back to making some money. "
We do not have a contract with them.
my letter to them
Subject:
Filter (18-Jan-2012 17:27)
From:
g** s**** <******@email.com>
To:
info@ahn-bio.de
Damen und Herren
Haben Sie schon einmal getan Geschäft mit einer Firma namens Rauchfrei Innotec, Inc.?
Sie behaupten, sie haben einen exklusiven Vertrag mitIhnen, Filter zu produzieren.
Vielen Dank für Ihre Zeit.
G** S****
THEIR REPLY
Dear Mr. S****,
we have delivered last year some filters to such a company. We don't have any exclusive contract with this company.
With kind regards
Hans-Juergen Hoffmann
AHN Biotechnologie GmbH
Uthleber Weg 14, D-99734 Nordhausen
Tel. +49(0)3631/4659404, Fax 4659410
Email: hjh@ahn-bio.de, Web: www.ahn-bio.de
Register AG Jena HRB 404781
VAT-Id-No. DE812717024
CEO Angelika Hoffmann, Hans-Jürgen Hoffmann
This message and any attachment are confidential and may be privileged or otherwise protected from disclosure. If you are not the intended recipient, please telephone or email the sender and delete this message and any attachment from your system. If you are not the intended recipient you must not copy this message or attachment or disclose the contents to any other person.
AGREED, that they could (get cash) with the patent in hand.
AHN was their supplier and they could order more once they get the patent.
SFIO WILL BE BACK!!! If and When
They get the US patent.
Nobody will finance them without that guarantee of an exclusive product.
If Roth is moving forward, it is the patent he is working on.
No money to buy more filters from AHN therefore no product.
oops
unrealized loss would not change. Percentage loss of holdings would decrease.
and average down would make no sense unless you knew it was to come out of the deafening silence.
"SFIO is done. Instead of wasting time here, get educated and start trading some other stocks, with what you've learned here. Anyone who has been trading a long time will tell you that everyone needs to learn this lesson; We all did, and many of us chalk it up to an education, and get back to making some money. "
Good advice, why don't you take it?
TS can own penny stocks, just cannot be involved with the issuing of penny stocks
We need to push 60 minutes and 20/20 to cover the DTCC scam, its the little guy being screwed by them.
the 1 million preferred shares gives Roth voting control of the company. He does not need a reverse split to even sell the company.
The series A shares gives each share of series A the voting power of the number of common share votes divided by the 1 million series A shares plus 10% IMO Which is total control of the company. Our future is in his hands whether you like it or not.
click product,not the variety or smokers option and you find RE/AL
What makes you think that preferred shares have to be convertible, They could just give the owners first cuts of the profits when they occur over that of the common.
They would have their own cuspid separate from the common shares
If my common shares are locked and Roth came to the stockholders and public with the known reasons for the lock and a concrete plan of action to move forward, I would consider investing more into the company and product.
need to verify, Roths one million are called series A. They could issue a series B, C, D, etc.
As I under stand it,series A preferred gives him a majority of votes at any meeting of the shareholders.
Still believe that the DTCC said F U to Roth, either be quiet or it will be locked forever.
As to financing and moving forward, what would prevent SFIO from selling the extra 99 million of preferred shares on the books? Do not believe the common have to be unlocked for that to happen.
Yes, but they fixed the scam part
It is the naked shorting by DTCC members that is the problem in both cases IMO.
my own pure speculation -
MM,s naked shorted on the way down.
We 355 shareholders drove the price up catching the MM's with their pants down
Dtcc locked the stock to protect the MM's and prevent them from having to report FTD's
FBI sting report of one month sting 2 years ago made OTC to list stock as Caveat Emptor.
Lot of "IT IS DEAD" posts trying to get sells so MM's can cover.
MM's push prices up to get stockholders to sell quickly and get something back.
Some sell taking the price down quickly,
"It IS DEAD" posters come back.
after a while of "IT IS DEAD" posts it start over again with a jump up of the PPS.
Court cases settled.
Roth gets financials out. Allowing Caveat Emptor to be removed.
Sold distribution rights but not patent to get ready to move in the US of A.
Patent runs into roadblock but not necessarily a dead end.
Tries with lawyer to get DTCC to unlock the stock.
DTCC says F U, keep your mouth shut, do not move forward until MM's cover or we will keep the stock locked forever.
All's quiet.
21 million shares have traded since those two fateful days. How many were buys by those who can and how many were covers by MM's?
How many of the 84 million sold on June 30th were naked shorts that still need to be covered?
Ha Ha another twist that's Just pure speculation and food for thought.
When you have proof of that, do come back with it, thank you
You still trying to scare us into selling?
The nitwit too?
Website was a test of the product to make it better. Then, at the end they tested to see what they could sell it for $29.95, 39.95, then 49.95.
Website down for maintenance/new look and possible distribution deal?
If you don't need the tax write-off this year, I would hang on.
they want to cover now with a profit, not after the "good news" comes out. That would be just plain dumb. The lock keeps the price down and we can only sell.
No unlocking until at least all the "hoped for" year end tax selling takes place
Roth issued 1,000,000 preferred A shares
If he is worth $200,000. with bonus, value of each share is 20 cents.
99,000,000 million other preferred shares authorized which equals potential value of $19.800.000.
If Walmart says if you can provide the quantity needed and at the right price, you don't think they could raise the cash needed?
I would buy shares.
1/2 of 1 percent
of world wide sales of cigarettes in 2009 was $3,070,000,000.00
if SFIO could just do that and only made 15% profit that would be $460,500,000.00 which would work out to $0.78 per share and at PE of 10 would work out to $7.80 per share.
"You have no idea how right you are. SFIO IS A NO BRAINER!!!!!!!"
no they do not all have products.
They only claim to have products in development and often they are products that were in development years ago by others that never went anywhere.
no dispute
you get the yield sign when your stock is not locked and has limited info. -
SFIO got the skull and cross bones after the lock , they had very limited info before the lock.
The sole purpose for the skull and cross bones is to cover OTC's ass from possible law suits.
With no information from any regulatory agency as to why, the only logical explanation is naked shorts by market makers that got caught with their pants down. The lock keeps the pps from going up when only sales can occur. In addition, with a lock on I have found no requirement that any naked short positions cannot be reported because the NSCC which is a subsidiary to the DTCC is locked and cannot report anything anymore.
if you know otherwise and can prove it please enlighten me.
Questionable promotion - nope
Spam - nope
Investigation of Fraud - nope finalized
Suspension/ halt yep by DTCC and can be changed in time.
Disruptive Corporate actions - nope
Unsolicited quotes - nope
Other Public Interest Concern - none known about.
So wEaReLeGiOn you still looking for sales to cover naked shorts?
Only reason left for the lock is naked shorts which probably do not have to be reported while the stock is locked.
Lets see, the stock is locked.
In USA only sells for the public.
Naked shorts need shares
Canadian and Europeans can buy.
Naked shorts do not want other buyers, they need sellers.
It's to their advantage to get either on the boards or pay others to get on the boards to get people to stop buying and start selling.
As long as they are here, we will stay locked JMO.
No other reason except they have no life maybe.
Anouther oxi MORON!
So why are you here?
It is not a bad investment,
but definitely a bad gamble for a quick turnaround profit.
It is now a long term investment for all of us until we sell it and only then will we each will know if it is a bad INVESTMENT.
What is a POS is your/our decision to take a gamble for short term gain. So put the blame where it belongs.
Now TS did not do this any good as an investment but the product and changes since June make it possibly a good investment and that investment is what we all have whether we like it or not. So try to look for the good in it and enjoy the rest of your life.
Again, what prefered shares?
What is their symbol and do not tell me it's DEAD, no such symbol exists.
yep, could show the naked shorting by the participant firms and cause a short squeeze to occur. And since it would show FTD's in our case, they shut down all servaces to protect their "participants"
JMO