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Selling creates selling especially when volume is increased in the first 15 minutes of trading on a Friday. Lets see how it does next week.
Dilution.
Years ago it appears.
At least they are currently making money while we suffer due to silence. However, I suspect we will be far ahead before all is said and done.
By next week, to my amazement, BVT* may be worth more than SFOR. And their form 10 today was really bad showing cash of $125 and convertibles all over the place. But it is enjoying a steady climb in share price and big volume. Hard to believe.
Really...1999?
So did the space capsules. Ever see one up close? They look cheep...so what?
Why? Because they can..... and the team makes money!
Because someone(s) wanted it to dive big today and they orchestrated a fast, effective plunge.
Nice posts and comparison.
Many of us still worried about the absence of the often promised audit.
You don't get it! Money came in after the K and may have been received by SFOR prior to the bankruptcy which only included 72,000. Now you do get it?
Not necessarily. Some money could have been sent by the distributor to SFOR prior to bankruptcy?
Interesting...I thought the PR was a good one also.
If you get no timely response, what will you be thinking? Silence is not always golden. Sure hope you get a response with substance.
Yo -Yo trading today. Not typical trading day for SFOR. Feels as if someone is positioning for a big move.
It is unknown how much was collected and distributed prior to the BR which will show up in our financials.
We do not know how often in the quarter a distribution was made.
Wrong: every sale produces income. It is a bailment where it is held for SFOR. It will be received by SFOR as soon as the new collector forwards it.
FALSE: Not any money is frozen. The 72 is affected. Future income is not.
Kay didn't do this. The distributor did.
Only the 72,000 is involved.
Nonsense. It will occur very quickly. It is only a distributor and they can be replaced almost immediately.
The new sales money will come thru the new distributor who will be selected quickly as it benefits ALL companies involved. Not a problem other than the 72.
They are being sold...just not processed thru WYNIT. Proceeds, other than the $72,000 will be distributed thru a new processor.
It is not a bad thing to expose the history of OMVS if it leads to intelligent assessments on handling financing for the future. If SR is immune from learning from past mistakes of OMVS, then the ice berg will be a problem.
That will change shortly. He is bright and has a burning desire to succeed.
Very unlikely as they have a new life with a new product and a new future...but thanks for posting. Interesting you forgot to mention how the article was for the old OMVS prior to
sept 2015. Nonetheless is does raise caution again as to Garett's past. OK
Steve time to come out and publicaly say you are aware of the past of OMVS and will strive to stay on top of the convertible/ dilution situation for the future and for the present.
Old article from Sept 2015? Before the connection with SR and RAD!!!!!!
Scarrrrry thought. He better find some financial types to keep an eye out on business matters.
Garett and the connection to Eagle bothered me from the beginning. Never, ever thought this would collapse in light speed however. Really a stunning fall. Almost in the blink of an eye.
Superb buying opportunity was this morning. That kind of opp does not come along many times.
I added big today BUT with reservations. First I do not like the history of stocks Garett has been invested in. Second, SR may not be that experienced in the world of finance. However, I think his mind is eager to learn and if he surrounds himself with others more knowledgeable than him, he will be on the right path. They have a TERRIFIC product that is the FUTURE and could succeed wildly with proper guidance and a little luck. So young man, good luck to you, take your smart pills, keep your eyes on the skyline and your nose into the wind. You and your company may enjoy prosperity.
There is one positive thing I will say about Ram.....well maybe not.
SELL Mortimer SELL...the crop report is out....Oh my, actually we should have been BUYING.
Sorry you are missing the run....going to continue...bottom is in.
Message smacks of desperation. OMVS just getting rolling.
Buying interest in SFOR has returned and will continue regardless of the attacks.
This is the area it has been in and is a base. Will it stay here?
Nines on tap today? Feels as if they are coming.
This has not been an exciting company to own for the most part. Financial reporting by audit is incredibly late. They do have a going business with possibilities but never seem to get over the hurdle. It is not exciting to own and many long termers are stuck. It rents and sells equipment. Maybe someday it will become compliant and have real news. Maybe.