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Twinkies looks like a good move. Might become a delicacy soon. Lmao
I drove by this company in New Brunswick, NJ today. Is it worth investing in? I see a lot of unhappy shareholders.
That's the best shareholder update I've ever seen. I can't complain at all.
I was hoping for monday so that I could try to double my shares below .0009 tomorrow when funds are available. Guess i'll be picking any shares people forget to hold tight and happen to slip.
FLTT is doing what they said they would according to the august 2011 PR. I'm glad I bought in deeper than I planned.
Flint Telecom extends planned closing dates for VoIP Provider Acquisitions
11th August 2011
Updates shareholders on the status of previously announced letters of intent to acquire U.S. based VoIP service providers that it has extended the planned closing dates for two of the three transactions. Due diligence on the third potential acquisition will continue on a non-exclusive basis.
Flint management has taken this decision with the agreement of the parties involved to allow Flint progress ongoing negotiations with potential debt providers for the transactions in order to avoid using equity as the sole funding source given recently low share prices that would not be beneficial to shareholders at this time.
On June 16, 2011 Flint updated shareholders on the previously announced letters of intent to acquire three regional VoIP and telecom service providers with current annual revenues in excess of $2 million, $1.5 million and $3 million per year respectively. All of the planned acquisitions have existing customers, sustained revenue streams and positive net income from delivering next generation VoIP and data services to small and medium sized enterprises within the United States.
When ultimately completed, the three acquisitions would be immediately revenue and gross margin enhancing to Flint with net income of approximately 10%. Once fully consolidated, Flint management expects that the operating costs will be further reduced due to shared common services and network cost reductions that will deliver higher net incomes than are generated individually.
Details of each transaction will be announced as definitive agreements are completed.
Vincent Browne, Chairman and Chief Executive of Flint Telecom Group, said, "We have structured these acquisitions to make them as cash neutral as possible with some cash at closing, deferred cash payments with stock and performance related earn-out elements. However, our recent share price means we would have to issue more shares than we had originally planned to complete these transactions within expected timeframes so we have opted to extend the closing dates where possible, to allow us continue our discussions with both existing and new debt holders and to review the share price moving forward in order to minimize the dilution to existing shareholders. We do not believe that existing shareholders would be best served at these levels. We will continue our negotiations with the acquisitions, and new funding providers to enable us close the transactions as soon as it is more economical to do so and will update existing and potential shareholders as we progress these discussions."
Haha..that made me laugh. wasn't expecting to read that.
Go FLTT. Hopefully this does not breakout before next week so I can get my hands on some more shares.
looking good this morning
FLTT bouncing. News released friday after the bell
FLTT is moving
FLTT had news after the bell on Friday. Reversal coming, check it out.
Bottoms up. Go FLTT
You were just on the aa_g board talking sh!t to get the price down. And then bought in. Keep it moving.
In FLTT at .002. Been watching it since mid .003's. Your post served as a reminder that I did want a piece of that action and now would be a great time. Thanks.
I ended up getting a partial fill at .0011. Patience paid off I guess. either way this looks like the bottom. Let's move up. I'll be buying along the way if all looks good.
Looking to get in here. Can't seem to get filled at .0011. I guess if I want in it will have to be at the ask. All good. Where is everybody though? this board has no action.
Called DTCC and Transfer Agent.
I called First American Stock Transfer, Inc. and told them what I was told by e-trade which is that I could not buy or sell because SFIO did not have a T.A. They stated that SFIO is in fact currently a client. The rep told me that they have been getting many calls from shareholders and have relayed the same info to everyone. He also said that we should be all good as soon as the prior CEO's legal matter was done away with. I said that I had heard he already pled guilty (i think i heard that) and he then said "Oh, then this may take care of itself pretty quickly" Who knows...Not sure why e-trade told me that bullsh!t.
I then called the DTCC Customer Service 1.888.382.2721 (U.S. and Canada)option 4 then option 1. (that's what a voice recording told me to press for urgent matters) My first call was "disconnected" after explaining the situation, so I called back.
I explained what e-trade told me and then what the T.A. told me and the guy stated that e-trade gave me wrong info and that e-trade should know whats going on. He said specifically "You pay them to do a job, call them back and make them do it. It's not fair to you". He then said call e-trade and give them the number that I called so that they can be brought up to speed and they can then give me the right info as he is not allowed to tell me certain things. I told him about being able to trade SFIO through other brokerages and he again said call e-trade and have them call the DTCC. I probably could have gotten more out of him, but my 3 week old son needed my immediate attention.
Again not saying this is what's going on, this is just what happened when I called the T.A. and the DTCC.
I'll be averaging down tomorrow. bought in at .0031.
GLTY as well Yoda. The plan was to go long from the beginning (unless it hit dollars really quick). I dont know much about trading stocks. The first stock I ever bought was S!R! at around .60 and sold before I could make any decent $$ on it. The one thing I do know is don't buy stock with money you can't lose. I love shooting dice, but I never take the mortgage $$$ to A.C.
According to otc markets this is the TA. I'll be calling them tomorrow since SFIO is not accepting calls from me.
First American Stock Transfer, Inc.
Transfer Agent
4747 N. 7th St.
Suite 170
Phoenix, AZ, 85014
602-485-1346
www.FirstAmericanStock.com
http://www.otcmarkets.com/stock/SFIO/company-info
What's good people. New to this board try'na get $$$$. What up RZA the Abbot, how you feel about ADHC?
One of my favorite joints
e-trade is ETMM right?
Sharebuilder is trading. Set my sell for $1.00. Can't do anything with my e-trade right now.
e-trade is ETMM right? Maybe they need to cover a bunch as well.
all good on my e-trade and sharebuilder.
In at .0031 after watching since .0012, .0011, and .001. Greed made me wait for 000 which never came. that was dumb. rather be in than out. will add every time it dips. will add weekly even if it doesn't dip. as long a the ss don't change too much.
HAHAHAHA...guess what actually happened. check SF!O and check this.
I hope we get those 3 more pennies and more. that way your marriage is saved and you get to go on a nice vacation.
I'm still here as well. Still holding all of my shares. Thinking about doubling that tomorrow. Wish I would have taken profits but fuk it. It is what it is. double down to double up.
I'm liking everything Smilin_B is saying. Thank you for all the info. Blue thanks for putting me on to this stock.
many people have recieved the product and provide reviews. and in case you did'nt know..THE STORE IS BACK UP. Orders being taken and shipping confirmation emails have been recieved. check the board
Great work with the iBox!!! Someone asked for it yesterday and it's already up. Good job mods.
and even if someone else manages to create a smokeless product like ours, it will still be like smoking a ball point pen. we have the patent on the soft-tip filter.
I know. People love to complain. I know i hate cigarette smoke. If someone is next to me smoking an e-cig blowing vapor into the air, I'm not going to want them doing that next to me. i dont care if it's just "water vapor". F that, do that somewhere else. Thats why SFIO being smoke/vapor free and does'nt light up is amazing. how can anyone complain? they can't!!!
Vapor E-Cigs facing bans. SFIO is the solution.
This was posted by Wargrider a couple days ago.
http://www.csnews.com/top-story-electronic_cigarettes_face_smoking_bans-58848.html
Jun 06, 2011
Electronic Cigarettes Face Smoking Bans
Email Print
RICHMOND, Va. -- Fresh off winning a key battle with the Food and Drug Administration (FDA), the electronic cigarette industry is facing another fight as states, municipalities and even the San Francisco International Airport move to ban the use of the products.
Despite the fact that eCigs do not burn or give off smoke, their use is at the center of debates as several states, workplaces and localities have included eCigs in smoking bans. Others have stated that the battery-powered devices do not fall under the smoking bans, and still others are reworking smoke-free laws to include them, according to the Associated Press.
Unlike cigarettes, eCigs produce a vapor – not smoke – that users inhale. But some question what harm, if any, exists with secondhand eCigs vapor. As the news outlet reported, the FDA has said its tests found the liquid in some eCigs contained toxins besides nicotine, as well as carcinogens that occur naturally in tobacco. However, there has not been a study on what people nearby may be inhaling.
As of now, according to the Associated Press, New Jersey is the only state that specifically bans eCigs where regular smoking is also banned. Other local governments have banned eCigs under their smoke-free laws.
And CSNews Online reported in April that San Francisco officials took up the debate with plans to include electronic cigarettes into its current smoking ordinance, saying that anything that looks, feels or functions like a cigarette is a cigarette and has to be banned from public places. However, in Virginia, state Attorney General Ken Cuccinelli wrote an opinion that said because eCigs do not burn tobacco, the vapor emitted does not fall within the definition of the law. "The whole purpose of a smoking ban is to protect people from secondhand smoke, and there isn't any smoke from an electronic cigarette," explained Elaine Keller, vice president of Consumer Advocates for Smoke-free Alternatives Association.
As the Associated Press reported, the American Nonsmokers' Rights Foundation includes eCigs in its model legislation that help states and municipalities draft smoking ban laws because of fears over safety.
To at least one eCig industry insider, though, the bans are not necessary. "It truly makes no sense," Ray Story, CEO of Tobacco Vapor Electronic Cigarette Association and head of eCigs maker WannaVape, told the AP. He added that by allowing eCigs in the workplace, employers would save millions in productivity from employees not having the take smoke breaks.
The "to ban or not to ban" debate comes two months after the FDA ruled against continuing its court battle to regulate eCigs. Instead, as CSNews Online reported, the agency said it was "developing a strategy to regulate this emerging class of products as tobacco products under the Family Smoking Prevention and Tobacco Control Act."
Nice!!! get that $$$
This is why I invested in SFIO. Sooner or later people will complain about the vapor from e-cigs and they will be banned too.
Let's get $$$$
i have 144,978 shares at average of around .008
I guess that proves the lines of communication are defenitely open. He has been responding to emails and calling people back. More the reason to maintain confidence in the company.
one week within the next year this will skyrocket. That week I will be rich. This is one thing I am very confident about.
Please do so and move on. Everyone will be fine without you.