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panzer6, that news is old from a viewpoint that MB was contributing privately to a shareholder his desire to stop shorting, and bring a true and balanced view... of both the share price and share-count to investors alike.
As Joe stated to me, he said that in "good faith".
MB mentioned "We are contemplating this in
conjunction with a dividend we may issue.
Contemplating means [to look at or view with continued attention], which he is.
MB mentioned "in conjunction with a dividend we-may-issue".
As in we-may-issue...
So in all fairness, even though most of us think he shouldn't have made that statement, there is nothing about news coming out now, nor in the future with certainty!
MB is/was very serious about a possible Nobo_List going forward to counter any further shorting. But to say it's coming isn't fruitful to anyone concerned.
It's also easy to see how the person in which he wrote too, if he wrote it exactly like that... said
"I-AM-SURE" "We'll-BE-SEEING"
Is truly a false statement in of itself!
They are working on creating shareholder value through a number of avenues including a better IR system, mech for counting shares, and a process in which to release news pertinent to the mortgage industry. There are a number of issues in which SFNN could state per a PR relating to the industry, and how this encompasses SFNN.
In the next month or so we'll start to see a number of these issues cleared up, and a company a lot more focused on shareholder value...
Temp'
Team vegas gets around doesn't he? hmmmm
temp
Management wants media coverage, that is a priority right now. Consider http://www.agoracom.com/agorawb/otc/player.html or equivalent firm. Consider they truly believe SFNN is undervalued. What I told them is not to put out a PR say a NOBO-List review without something very positive. I related a stock dividend and cash dividend. One that may reflect a expenditure of around $400k. I suggested PR Newswire over marketwire.. which they've used to much in the past. What they really need is a strong media team, one that has worked with brokerage groups, to enable the right-types of news releases.
We'll see what they do, I have no pull, no say, and no way to I have an upper hand in upcoming news. If I did, I would have already signed an NDA, and therefore not being able to trade on days of news....
I suggest, they plan their attack...
later
News was never to be out this week, confirmed by JB, but why post that here before the close, right? So I didn't.
Let those who trusted the dude who made the statement think otherwise. SFNN will be discussing reasons why and reasons why-not to PR a combined release including quite possibly goods in which we've/I've already discussed, recheck my posts.
Needless to say for me personally, I'm looking down the road about 6-months when I'm holding a long term stock worth a whole lot more than my .03cent average.
Timing between their current IR guy, topic's, regulations and such, may determine what length we wait. But their first and main concern now is to get this stock where it belongs through media exposure. Using marketwire.com is not an option now, it's either businesswire or PRnews... that I made very clear for important info within a release. I also have a gut feeling MB will not be using their current IR guy that much longer. They should be spending anywhere from $5 to $8k each month [my opinion] at their current pace of rev's in order to create not only investor awareness, but international exposure.
I feel confident we'll see news next week, but just don't know what combination...
Everyone have a great weekend!
Temp'
WE... expect news next week EOM
In all my years, I've never seen so much chatter regarding 'charts', what if, DMA's MBA's and such things.... GRIN
Sure will be nice to have news so 90% of posts don't reflect "chart speculation".....
See I told you so in charting comes when news comes, therefore everyone looks like a champ... as long as he keeps talking until news hits!
ya'll have a good weekend
Temp'
Now, could the both of them be discussing these issues with their IR guy, and maybe the IR guy knows someone that knows someone who posts here? Who knows....
What we do know is that this is a gem of a penny stock, so gems require patience. Patience 90% of us have here....
See you at higher highs in 2007 as I'm won't be surprised to see .10cents or better, thus the higher-high's I'm looking for require at least 2 more quarters of patience.
PatienceTemp'
Joe is definitely out of town, and a few haven't heard from Michael, so for someone to think news is coming out today or tomorrow? They weren't even going to discuss the important PR issues, that is come to a logical conclusion on what to do until they get back late..... this week.
So, you know what I know and those who think news is coming out this week? Don't Know!!!!!!!!
HighestTemp'
Everyone having fun today? EOM
Good until next week's peak... EOM
Yeah, I found out too that after signing on here at IHUB, that if you ignore someone, you can't read a post that someone is sending the person you ignore. So what's the point?
Usually don't have time to read basher comments, so a quick skim from the one sending a message to the one bashing is what I read now.
Better days ahead for those who are patient...
HiTemp'
Matt, good point EOM
Good to hear from you americano.. EOM
1k to close at .029 EOM
Ok, just wondering.... as I know he does this [makes a living buying] as I do. So I thought he'd at least be monitoring today, but maybe his wife dragged him off somewhere to spend the money before SFNN got to it...
st
Where's americano today? EOM
Someone posted about averaging down, and for the most part I do agree, but there are exceptions. It's just how you play it.
For instance my first average was .025, and bought on the way up before the explosion to .065-plus. So at the end of the day my average was .035. During the next week or so when it was dropping below my average of .035, I bought. Now my average is .0304.
If it's a good company with solid financials, [well as far as OB's go and cash positive] management is sound, you've called and made your best DD, why not average down.
The only reasonw why I averaged down is sound financials, and... a management team who will listen and respond to interesting ideas. In that respect, both Mike and Joe are a great team to watch. Mike has an entrepreneural type personality, a mover and a shaker, whereas Joe has the background and savvy to keep things grounded. Joe listens intently!
Never thought for a second and still don't, that they set around and have grass growing under their feet. No, I've gathered they both move forward utilitzing their backgrounds and knowledge to gain much needed foresight as the pursue further mergers and acquisitions.
The only thing not steady around here are the MM's and a few sod-busters with poop under their boots.
SirTemp'
Not this week though... EOM
So if I said don't expect news this week, but more than likely next week... what might happen to the pps? Is that more speculation than what we've had here today both positive and negative?
Absolutely not....
SirHighestTemp'
OB1... could have been me, if only I'd stayed home from vacation and spent that money wisely....
WeBFine
Temp'
.254 by .29 this is too funny EOM
Understand the A/S issue, and didn't think they'd raise it but... I enjoy hearing from Joe and how he answers things.
The next large item for SFNN is to outsource their IR with someone who can create a lot more exposure! For the money, Agoracom is attractive to small-cap companies.
At least they're known over the current SFNN firm
I suggested agoracom, so we'll what transpires in the next couple of weeks. http://www.agoracom.com/agorawb/otc/player.html
later
Smartmoney77, if you're all bought-out, make sure your numbers end in 1, as in 0,000,001
One signifies a very positive ending...
sTempy
Hey americano... hope things are well, got a notice from JB and they'll make a decision later this week on a PR and what type. T
Joe's out of town on business, so maybe MB is too, not sure.
I don't speculate to much, nor get involved in near-sighted maps or charts plotting out a speculative pps bounce... so I'll go back to lurking.
I did ask about preferred to common thingy, so that'll be cleared up soon. I know it's negatory on that issue... but some here have the fear of helplessness.
Best,
Temp'
War Chest locked and loaded? EOM
And to think missy your 5-prime risks are subject to whom, SFNN? Or are these types of risks [risks thereof] proclaimed at the bottom of each 10k, PR, and whatever news is being released by very public entity?
What you post is general infor across the board no matter what public entity. So are you such a newby to the overall market... you've yet to figure this out? Or are you pursing a more personal-bashing discourse?
Guys or gals like yourself wash up on the shore each day, then return back some 300 fathoms below "see level".
zzzzzzzzzzz
As they say on RB? Iggied
HiTemp'
Hey imoney, seems as though we have a dozen or better new faces here, good timing for all I think. Roll'n for the week ahead.
Back in the saddle...
See ya all at the open
HiTempest'
iwantmoney, replying from the sunny side of cancun, and yes it seems they´ve delivered on their promise, look for the Nobo witgh good news attached.... good to see the stock held up nicely, probably calmed a few nerves regarding PGNF.
Happy days ahead....
Hold down the fort.... and keey the indians at bay...
Temp{
Hey americano.... up early hey? Heading out this a.m. and will be back Monday. Hold the fort down! I believe we should get news this week... ha think?
Temp'
Thanks, check back with you guys on Monday.... heading off to Cancun until late Sunday night. Unless I can get to a computer when my wife doesn't see me, but I doubt it.
Out!
I just hope it doesn't come back and haunt us... yikes!
The more the merry-er..., but can't we just tout earnings and proforma?
Temp'
rhap, I seriously doubt the email has caused this action today, and justifiably so. I personally don't think they will do a dividend, but they liked the idea and what I put together regarding cash and shares. We shall see, but don't count on it... I'm not! I also don't believe their IR guy had much to say about it in a positive sense, more neutral.
JMO
Temp'
Soon, but don't know the contents except to say it will include both Nobo info and something positive. I suggested that the header for the PR state the positive info first, within the framework of the first line. This way perception of both news items will seem a lot more worthy. Some investors don't like seeing the Nobo thingy, so by adding value in the "header", I believe any plunge would be minimual. I've checked other companies PR relating a Nobo news item, and rarely does it sink, but then rarely does it take off. So hopefully both items linked will give us an added punch.
Who knows what the other will be...
Temp'
Question: Can anyone bring up an IR firm in Las Vegas, one in which we could tout to our dear friends at SFNN?
Temp'
Verified.... EOM
Crescent Fund Limited in New York we are working with Mr. Jeff Stone.
Jeez... not much on these guys, anyone else find something? It's also a shame SFNN hasn't as far as I know... any Jeff Stone attachments to their PR's.
Temp'
When these two peons are done selling, maybe that's when we clear the table of 3's.
So, besides a PR relating mergers/acquisitions, 10q's and such, what else is there?
Temp'
I know there is a private individual who's selling approx. 2.3mil shares, and someone else selling 3.3 mil. Remember the 804k sell yesterday? That shouldn't take long, and also believe the guys that weren't happy with the company for what ever reason, they have approx. 3.3 mil shares left to sell.
When news hits of something good, including the activation of the NOBO [everyone make sure you check it's ok within your broker screen], we'll be out of a very small hole being dug.
IMO... that little tidbit, and what we really know about the company allows me to personally feel comfortable moving forward. We suspected someone or I did, selling into the last 46mil day volume, it was too obvious.
Now that the dust is settling, our launch pad should be clear of debree...
Temp'
Good, at least they are on the same sheet. I didn't mean to sound as though JB isn't going to email individuals. His verbage no doubt has changed as both Joe and the IR guy [hope to get that soon, anyone?] corrected his mistake. Joe also thanked us for pulling the info here on Ihub.
Does anyone remember the post in which an institution was not happy with SFNN? We thought they may be selling?
Temp'
emailed joe, should have the IR firm shortly and will let everyone know.
st