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Lol…Fink, that was a good summary in a nutshell for the weekend, always enjoy having you around.
At least Q2 ended and if my recollection is correct, by Mid-August or whenever the deadline is, we should see audited financials for Q2?
It really was unbelievable all the shares they gave out, kinda serves them right as to what’s happening now, but at the same time hurting us long timers.
I would love for you to be 100% right on SFIO.
I have been married to SFIO since 2011. Don’t have to say much about the history. I remember in 2008-2009?…a company, the ticker JAZZ (look them up) was a penny stock. Today, that same ticker is trading at $150 something a share. I missed the boat on that when I sold it for $3 bucks. So I agree with you 100% with what you said. I said this before, this would be amazing if SFIO would be trading between .50-1.00.
Fink i for got all about you…you are correct in your assessment.
Lol, I have to laugh because it’s always the case with SFIO after the good news is released. I personally have not seen something like this on otc or the other markets, where a company releases good news, and people start trading it down wards. Astonishing.
Archie Bunker would be saying…”whoopty doo! whoopty doo!”
I don’t need the money as well, i had SFIO since 2011 and added some in 2019 when the dtc lock was lifted. If SFIO ever sees brighter days again and hits that quarter or dollar, my retirement will be that much more enjoyable.
At first I could not have imagined being under a penny with SFIO anymore but i had a feeling couple of weeks ago, when SFIO started trading under .03.
I have plenty of SFIO shares but it this falls below a penny, i might just load up again. Unless the “conglomerate” collapses altogether because of what’s happening in the US market and money-investors dry up?
Good Morning,
I will not disagree with anything you said. I have been here 11 years and counting, I never thought we would be this low once SFIO came out of the shell status. Plenty of OTC tickers out there that are in shell status that are trading way more than a penny or two, astonishing it is.
I always get a kick out this…every time SFIO releases news as to how good things are coming about, the following day, stock goes DOWN. They might as well keep silent and keep the good news to themselves.
We’re probably gonna close low today because of the extended weekend? To bad for SFIO, such good potential.
I would be shocked if it goes below a penny.
Maybe .008 is the bottom, unbelievable that a real company with revenues could sink so low?
But there has to be some kind of threshold? Let’s say any company that brings in 50 million annually, has to be worth more on paper than .02 - .04 cents a share? We have OTC tickers that are not making any money or are still a shell company, and are worth more than SFIO. At least SFIO is bringing in some revenue and there is some potential.
Thank God, i have been waiting over a year for this. Thank You for the post. I hope other platforms will follow soon. I know Merrill Lynch was another that did not allow buys of SFIO.
This would be interesting if SFIO falls below two cents?
Good Morning, do you think audited financials are following soon?
“No, God will save me, then drowns.” So True.
It #12 now
I am disappointed that Q1 was not released yesterday or today. I believe the 40 day period is about to end?
Everyone made and makes mistakes. In 1982, Steve Jobs thought that Lisa was going to be a bigger hit than the Apple II.
I like your points and in the long run, i’m not worried about SFIO. So it’s taking longer than expected but so is everything else in life. I always appreciate good posts like this one, thank you Beauneedsbiscuits.
“Much of nothing” is right.
Someone mentioned 2023 and I agree.
We’ll probably see volume spike up briefly when Q1 or Q2 audited financials will be posted.
I think we can all agree that to many shares have been given out, remembering that with OTC stocks, people tend to move on.
Get Frustrated All You Want.
Anything to do with the court system’s you have to have patience. It moves in a very slow pace, lot of hurdles, T’s crossed, and I’s dotted before you reap the rewards.
This ticker is trying to do what “the Little Engine That Could” did…press on and hope for the impossible best.
I was thinking the same thing, no volume, the price remains the same or going back down after a reverse split. You still can not trade SFIO on some major platforms, they have to fix that as well.
I will not disagree with anything you said.
I said it myself regarding companies that are in Asia,
people hear Chinese or Philippines on the otc and they run the other way.
2023 sounds reasonable but perhaps we might see a spike once Q1 or Q2 audited financials are released?
That i do not know but they have to release them very soon because Q1 ended in March. We are slowly entering the second week of May.
Good thought, i have a similar feeling. Let’s see now how the stock will fair once audited financials are uploaded.
Will there be an uptick in the volume? Will selling continue?
I will be happy with anything above .20 and being stable…not going back down to pennies every time news is released.
SFIO had more of a run and excitement when being a shell and being in caveat emptor status, than now as a reporting company with audited financials in the works.
Go figure??
Good Question…and Good Morning, i’m here because i found SIRC through the yahoo news finance about the Planet MicroCap convention in Las Vegas, May 3-5.
To make you guys feel better, i’m heavily invested in a otc stock SFIO, that will also be at the same convention as SIRC. And we are nowhere near the price point that you guys are. The otc market is very weird nowadays. It’s like what is going on? Some of these are really good otc stocks.
Good Morning, may we see Q1 soon.
3 more days of trading in April.
I have been on the train since 2011. Getting a little anxious, haven’t sold a single share.
Q1 financials should be coming out soon; it’s already the last week of April.
SFIO is like “the Little Engine That Could”
Mr Drew, you should come back to SFIO.
You are good when it comes to coming in on an otc stock when it’s about to explode. I watch your YouTube channel and respect you very much.
“The Little Engine That Could”…SFIO.
Spot On! I have been saying this for many months now; if you have Fidelity or Merrill Lynch, you can NOT trade SFIO.
To be fair to those people, i’m sure they were here since last June. It’s been almost a year since we have been here guys. Not many people park their money in otc that long.
SFIO Management should also make sure all trading platforms are able to trade SFIO. Fidelity and Merrill Lynch still do NOT allow trades.