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So 5mil more T trades from Friday? That put T trades at over 60 mil from Friday.
Honestly the 10K isn't what I want to see. The 10Q is of much more interest to me.
I know. I am waiting with baited breath for some funds to clear myself.
So 100 average people buy 100 million shares (1 million per your example).
1500 just bought the OS as we know it. 750 people if they bought 2 million.
Apparently I am an overachiever.
HAHA So true!
To each their own. My DD says the settlement, while needed immediately for liquidity, isn't where the real value is at. To value the company purely on the settlement amount, be it 25 million or 100 million, would be missing the true potential of this company.
Now what the settlement amount may do is a give us a method to place market value on future contracts, but with a NDA it would be tough to delineate value versus punitive.
Your logic is hard to follow.
Per emails they did pay all debts except those that would not settle and chose to covert to shares and sell on the market. They can do nothing about that.
For years this company had to use whatever funding it could find to stay alive. That included toxic financing. Had companies such as Microsoft and others actually paid for the patents that wouldn't have been necessary.
One might speculate those companies hedged that the death spiral of toxic financing would have sunk SFOR to the point where patent infringements would be unenforceable.... and it almost worked!
But SFOR made it though, got a settlemet, has paid off the debts they can and we the share holders are gobbling up the rest. I have no idea how high this might go but I hedged a pretty decent chunk of play money it would go above the .0004 I got in at. So far the commas in my balance sheet says I was correct.
Who knows? The note holder that didn't accept payment has not commented so it is pure speculation. All I know is that Kay stated they paid all of accept those notes and they were being converted last week.
I do know contracts are being inked, books are being cleaned, a settlement has been won that 'provides funding for several years', more patent infringement notifications have been sent and Kay stated no RS.
How many more possibilities can you buy at .0011 per than those? My .0004s have been locked and rolling.
As for the stated debt in Sept, we'll if Kay says they are basically debt free and funded for years I guess you can derive some amount of new funding and/or settlement amount.
If Kay is watching the stock that closely, I am certainly at peace.
Mixed emotions
Proud SFOR is holding ground on a traditional sell off day
Sad I can't get more trips so far.
I know it is a bargain even at .001 but everyone wants a better deal right? Already up 400% and I am complaining....
I was close
New Game
Guess the T trades
30 mil @ .0011
.0012 gone Friday open
Delaying buys, walking it down, shaking weak hands, helping shorts cover... pfft whatever. My hand is locked.
There are all of those 7s from this morning coming through the T trades. I was guessing more than 13.4million.
I am guessing close to 100mil in T trades go through @ 4:04
We are up to 116 million in POSTED trades. I say that because a ton more came off the ask but hasn't showed up yet. I'll wager T trades are easily over 100mil today. What you see as small trades are big smacks being hid.
That is my guess. We will see at 4:04PM.
You are falling on deaf ears around here NCAR. Subtle negatives won't work. We did the DD and we know the potential. Thanks but no thanks.
Agreed! I was just trying to be nice in my response. No stopping this train now.
Agreed! I was just trying to be nice in my response. No stopping this train now.
Those shares moved but the reporting is delayed (T trades). Some will say it is an effort to decrease volatility in the stock for steady, healthy gains. Other will say it is the MM holding back movement. VNDM appeared to be the MM doing the conversions on the toxic debt and generally toxic debt is a combination of shorting and selling so make your own conclusions... I'll just sit over here with my tinfoil hat on.
IMO
VNDM has got to be the T trade MM. Sets on big blocks then mysterious moves to the next levels.
HAHA this is so funny! Run the ask premarket to triple 8s and then open at 7s to put it in the red. They are trying every trick in the book and those 7s are just getting gobbled up.
Premarket Trades? I guess some T trades from yesterday fell on the floor and the custodian found them.
T trades - MMs way of controlling movement in penny land by delaying postings. Watch the L2s enough and you can see the shares drying up with no postings.
Someone is working very hard to hold the reins back on this runaway. They are losing spectacularly. Even with manipulation they can't hold it back and their meddling is just coiling the spring tighter IMO
WOW! That is some testicular fortitude to short this stock. I was expecting a hell of a ride from company performance alone come quarterlies. These shorts are going to kick it up a few notches, like silver notches.
IMO
Agreed! The typical convert, short and get more shares death spiral isn't working. Probably some shorts getting pretty nervous with 2 weeks to go and no clear was to get the price back down IMO.
As if all of the DD wasn't enough to run this.... I'll take a little short cover as well.
VNDM is just working his butt off to hold this back.
7s are very thin. Too much accumulation last week and yesterday. They will only be able to hold this back so long.
MMs using every trick in the book to temper this movement pressure IMO.
Agreed
The volume on this board alerted me to SFOR. The tremendous amount of DD already presented combined with some of my own was all I needed. I have lurked for years without even creating a profile but this opportunity was too good. I had to get in and tell everyone THANKS for the heads up.
Hutch
I seem to recall...
An email posted by someone from Kay with a AS of 1.5B? That would put current valuation @ $900,000. Still grossly undervalued given contracts, retail and settlement. Impossible to really know the AS at this point with the toxic debt that had to be converted.
That being said Kay also indicated no RS. I can only speculate they intend to buyback. If the settlement is even moderate, you can gobble up a lot of shares @.0005/.0006 with $600,000.
Purely speculation on my part but enough upside to throw a good chunk of fun money into the mix. GO SFOR
How can I not Play?
Legit Product - Check ( No Casavant here)
Low Entry - Check
Litigation Win - Check
Liscensing Income - Check
Reporting Company - Check
Investment Acq - Check
Given the settlement and resulting raises to staff in January, it would appear this company has passed the threshold of do or die. Obviously the AS is problematic, but with many venture companies with limited resources this becomes the case. The legit ones correct their share structure to the benefit of its stockholders and the shady ones keep milking the RS/AS.
Everything here seems set up for positive income, possible bulk infusion of cash and a leadership trying to do it right.
It is, at a minimum, setup up to run. It looks good enough to throw some fun money in. I'll bite....
Land's Sakes!! This board is touchy. I thought Urban Casavant was dead and buried!
Not going to run until a trigger (PR or legislation).
Don't get caught up in the pumping. Only the pumpers win & then fade away until the dust settles.