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I got here late but have lots of powder. Just keep walking these prices down please. I need to load.
11% walkdown on 1 million volume.
Mighty tasty time for more shares. I believe I did!
I would like to thank whomever gave me the 100k today.
Super nice dropping the price for a new guy!
I believe this looks like a good time to jump in. Missed the first run :(
Technically, no they didn't. They did something much safer. They loaned the company money and received preferred shares.
No they are moving that loaned money out of the safety net of preferred into common shares. Why leave the security of preferred status to play in the open market... if this is the gloom and doom some claim?
Silly way to lose any claim your preferred status gave you
I do know the shares are preferred conversions per a personal email to Kay weeks ago when I saw the shares hit the OS. Actually I have a somewhat timeline as I check with the TA fairly regularly.
I am hopeful but I am not careless.
5/16 2,282,957,407 - 10Q
8/15 2,282,964,907 - 10Q
9/29 2,285,781,649 - TA email
10/19 2,318,676,386 - TA email
When I asked he said 'friendly preferred converting to common but not selling' and 'company not raising capital as they have plenty of liquidity from settlements'
He hasn't lied to me yet so I have no reason to think that he is now. Therefor you should see a reduction in debt burden and preferred shares on 11/14 in the 10Q.
I grant you the reasons behind the conversions are speculative. Personally I think it odd to lose the safety net of your preferred status and move to the open market on a whelm. That is a big risk after waiting for a return on your investment for so long.
Just using the same logic that brought me here @ .0004
Exactly. Some in here were always claiming "Why do insiders not own shares" blah blah blah.
What they couldn't understand is the insiders did own shares. They loaned personal money to SFOR during the rough times and received investment protections in the form of preferred shares.
This is their loaned money, secure and protected, that they now what to bring out into the market?
No way I am doing that unless I am extremely confident I will get my money back at a minimum.
PREFERRED SHAREHOLDERS ARE CONVERTING TO COMMON!!
Insiders know something is up and want to get in on the prices!
Why convert your preferred, guaranteed return shares into common market shares with no guarantees? Because you know what is about to happen!
ALSO BUYOUTS FORCE PREFERRED CONVERSIONS as buyouts are based on fair market price of common shares.
We will see a decrease in preferred shares and debt liability in 10Q as verification.
Something is baking in SFOR land.
Preferred shares don't trade on the market now do they?
Common shares do of course... so you might ask yourself why would a long term friendly investor elect to NOW take their shares out of the safety of preferred (of which they are guaranteed money for them) and ready them to trade in the market?
You think they are doing in because they think the price is going down? ROFLMAO
A lot of people have left a LOT of money on the table because they lacked critical thinking. This is just another flag, yes, but not the flag you are claiming.
Yikes, I was only off $21 billion Haha.
Still, look at what similar companies stealing SFORs patents are going for. Not only that, you buy SFOR and you have an extremely strong case in court to kill all of your competitors.
These patents are platinum. So when someone says "retire 2.7 billion shares of AS" I scratch my head.
I'll give you a ton of pennies max out the AS and RS.
Those same companies never worry about a buyout because their products are worthless lol.
Just like everything else about SFOR, this time it is worth the money and there is legit risk of hostilities.
Suing 3 company's with patent infringements at the core of their business, one owned by a 22 billion company and you want to open it up to a hostile takeover?
Well that is one way to do it. I'll stick with Kay's way though
According to Kay, there is absolutely no company selling of stock on the market as SFOR is solvent from last settlement.
Insider "friendlies" elected to convert preferred shares into common shares. He also said to his knowledge, none have hit the market or been sold. Rather, they are sitting in an account much like mine and increasing in value.
Next 10Q if there is a reduction in preferred shares... there is your answer.
I saw this 3 weeks ago and addressed in with Kay through email.
Long invested "friendlies" elected to convert preferred shares into common shares.
Did they want traded shares in anticipation to something? I don't know. He only stated the company is not diluting in order to raise capital as 'they have sound liquidity with the results of the Phonefactor(MFST) settlement.
So, it isn't the company selling shares. Insiders are wanting trading shares.
Therefor we should see a reduction in the preferred share count this 10Q and corresponding reduction in debt liabilities. It will be simple to tell. SO far Kay has been entirely honest and straightforward. I have no reason to doubt him.
Haha I have a 15million cert as well. Last I heard everyone is in jail and Urban is pushing daisies in Canada.
I to learned a LOT from CMKX
You hit the nail on the head with that one.
To date, I have not found ONE INSTANCE where Kay pulled an Urban Casavant.
People are pissed because of the previous R/Ss yet turned a blind eye to the obvious fiscal issues back then.
He doesn't release fluff and people get mad because the company is silent.
Basically he breaks the mold of every other stinky pinkie and people are so conditioned to the the junk being the norm.... they are beside themselves.
Between that and impatience, I can see why beer money flips are high-fives all around most of the time.
I have been here for a while and am at a total loss with respect to this magical date.
Dates of interest are as follows:
11/9 All 3 companies meeting with SFOR and judge
11/14 10q due (The MAIN DRIVER)
11/18 Share holders Meeting
Is 10/26 a day when mystical unicorns burst from my wallet with benjamins stuck on their horns?
He has been making this claim for 5 months now, since he showed up, and never once presented a shred of actual proof. He linked an article once but it was actually a negative promotion that coincided with a big dump.
As for dried up volume, myself I have just parked SFOR waiting on news while I moved to the hottest stocks atm.... Mary Jane.
It's a no-brainer. Obviously the manipulative investment group has moved there as well. News = Excitement = Volume = Money
Right now SFOR is static as suits get worked out and 10Q readies for release. Unlike 99% of "stinky pinkies"... CEO doesn't release fluff feel-good PRs. I jump over here and there looking for cheaps when profits settle, otherwise patience.
Know what you own
Taxes and fees are a ton cheaper in a state that doesn't have to feed Kristie.
Cyber deal inked payes basically all of the debt for patent rights.... not that we will have to wait that long.
Revenues increasing, suits being pursued.
Sorry you got burned by an R/S buy honestly.... there is a reason I didn't jump in until after MSFT. Company was on verge of bankruptcy fighting to keep corporate looters from stealing their patents.
It was a bad play back then. No longer.... if you not only lost on R/S but also missed the rise I am doubly sorry for you.
Now back to HS football. Texas and stuff....
Exactly. I find it very curious the people SFOR brought on recently that appear to be a direct link to Gov.
Those that are #1 known and #2 know the system.
SFOR most certainly doesn't qualify in and of itself because its market status.
The question is, do you same the same about Alvarez and Associates... one of SFOR's partners and software distributors.
Profit without maintaining a huge staff, benefits, HR, etc.... sounds pretty smart to me.
WEEEEEEEE one more theory to add to the list!
almost $100k of SFRo moved into new hands today, over $110k yesterday, lots of news coming shortly, new higher base churning, 20ma creeping up... something tells me I'm fine.
Thanks for the concern though.
Glad to see Azure is making up ground. Amazon cloud got out of the gates a lot quicker and they were forecasting an uphill climb.
Great News!
I was going to be happy with 100% up from the last quarter. We 200-500% and it is GO GO GADGET ROCKET BOOTS my friend.
Actually I called the MSFT settlement @ $10million gross, $5 million net back then. I was close. The reason being they were hugely over-leveraged monetarily and need cash ASAP! MSFT got off like bandits and they knew it.
This time around is much more different. The liquidity is better, SFOR isn't paying attorney's fees monthly, precedent is set and revenues are increasing.
This go around I expect SFORs to bring home closer to $30 million after attorneys fees PLUS licensing fees for the first to settle. The remaining two will pay higher with $50-75 million SFOR bring home plus licensing fees. That is why I always surmised they wanted all 3 in different rooms on the 9th.
It will look like ants running back and forth hammering out the best deal... 1st to sign gets the best deal.
Just my opinion of course from years of watching attorneys work.
Either way... first settlement and remaining debt should be gone.
20ma just moving on up. Consolidating nicely 50% higher than last base. MA will push the next jump shortly unless news drops... then get ready for a white-knuckle ride up.
WEEEEEEEEE another new and neat conspiracy
I simply rebuked both your suggestion, which was simply in error, plus gave a more accurate scheme you erroneously pondered.
Either way, it is quite clear in no way do I support your conclusions as I gave simple and undeniable reasons why both aren't applicable. Yes I do expect technical when likening an established fraudulent money scheme to a legitimate means to communicate. Much like any other group calling attention to a worthwhile topic through networking.
Which brings us to yet another problem. Multilevel Marketing Scams are yet again pyramid schemes where commissions are paid to recruit new members. There are no money transactions associated with entrance or membership the author described. Again, simply a method of mathematical advantage in disseminating information.
In conclusion, There is no "We".
It is neither.
Ponzi schemes involve taking money with big rates of return guarantees by taking others money to pay them. You tell a person about a good investment and they buy on their own volition is not a Ponzi.
Pyramids, which is closer to the numbers stack you are trying to relate the post to, involves lower tiers receiving lower percentages. Any individual who invests tomorrow can make the same amount as a contact through Facebook, and indeed could make more than the original if they choose to stay longer and it pays out. Everyone is free to come and go.
Ponzi schemes, reverse splits, dark IPOS (whatever that is), scams, fake lawsuits, unaudited fake financials, insider conspiracies, MSFT settlements paid directly to directors, dilution, 30 days before doom (every 30 days), shorts that coincide with dumps but mean nothing.....
By far the most entertaining stock I have ever seen. It is like I am part of a spy movie... and I am making lots of greeeeen!
Personally I see to 20ma as much more relevant to SFOR price action vs the 50ma.
The 50 has been blasted multiple times, but 20ma has been a bounce level for 6 months reliably. Once they meet it blast off time after time.
Resistance levels, meh.... those just keep falling. 20ma is the anchor.
Good luck. This thing has been running off of the 20ma lately. As of today that is .013 Lately it churns at a level (which looks to be .015) while the 20ma catches up.
It will have to break a 6 month trend to get down to those percentages below the 20ma.
Hard to fathom that happening with the expected upcoming news.
BUAHAHAHA they settled for .016
Absolutely true! I am up huge as well. I thought I had bought in at .0003 but I went back and looked... actually got .0004
I, just like everyone else, get a little sea-sick when I see huge red days. I curse the manipulators. That said, the unfortunate thing is they have their place in our gains.
The sky-rocketing gains bring new eyes. Then they get into the solid DD of CJ, Zpaul and Bullish and stay. This makes our higher bases as well attract those that might otherwise not see SFOR.
End game it works to our advantage but it sure is a cardio-workout along the way. And whiskey.... lots and lots of whiskey.
Equity Short Interest have never reached over 2.2 million shares since April. Furthermore in April Threshold flags were issued on FINRA. That is 100% indisputable, take it to the bank FACT.
Actually it does occur in SFOR though not in huge volumes.
They hit threshold flags in April, but generally on every rise and fall just prior to the fall short volume increased.
You ask who would do such a thing? Only someone who is quite confident in what the price will do, such as dumping 200 million shares.
Why they do it? Because they can make money going down and why leave any extra money on the table?
Shorting 500,000 shares and netting $2000 after lending rates still pays for the multiple trades to force it down.
Great News! Exactly why give up control of something they built?
The fact they are including everyone in their vision speaks volumes of their intentions.
Furthermore, I am not aware of any company that puts the company's direction squarely in the share holder's hands.
Creating and managing wealth sounds so simple until you try it. SFOR shareholders excluded of course because this stock is way to easy to make money on. It will spoil a lot of people ROFL.
Why on earth would they give up control?
They are bringing in a group of investors who generally dwell in the bowls of the investment world, full of deceit and manipulation, and giving them a chance to actually be in something legit.
SFOR is doing more that 99% of companies in this particular market and they are expected to just hand over the keys?
Silly imo
I have said for months that the suits accelerate the end game, but the heart of the engine is revenues. Up 60% last 10Q and I am expecting more this 10Q due on 11/14.