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Only here to turn the lights off. I'm beginning to think omni only came into existence So they could buy shares really cheap, Go through the motions of custodian ship, Never intending on following through with filings, Pumped all their stickers up to a point they thought Probably wouldn't go any higher without actually merging, Sold everything out, Walked away from They're custodian ship rolls with a bank roll off of investors dreams of a hyper run merger.
If nothing else it was a good lesson in taking original investment profits as soon as possible And let the rest ride in case this is exactly what happened. Be nice to see if someone sues omni or if SEC comes after them for fraud
Too bad they didn't make UVSS and EDMF Into one operation, Only one shell to merge and a larger potential revenue showing company. They're still promising consolidated updated revenue And financial info release.... The more they promise and don't produce the more investors get skittish. Is time to show us the numbers!!!
Basically waiting for finra finalized stamp..day-2 weeks???
I think this company will do well in next 3 years, but yes, we dont need unrealistic price projections. To be totally honest, I'll be tickled pink if it hits 20 cents by next year. Unfortunately the pandemic gorging and hyper stock pumps are rapidly dissipating. Reasonable valuations are getting back to being the norm.
With that said, I would not object if we get a squeeze, PR, news related hyper run!!!! In reflection of the immanent name change, I think this sums up there long term vision.
SFIO: the beggining frontier. These are the companies of Starfleet Innotech. Its ongoing mission: to bake more donuts and distribute more coffee. To seek out new companies and new franchises. To boldly profit and expand where no conglomerate has gone before!
No i'm sorry, We're now requiring Newbies to buy no less than a 100,000 shares....per day. ;)
They show revenues of 10 million or more and/or earnings of 2 million or more, and I vow to buy every .008 share that comes along that I'm able to Afford. Glad to see them communicating more, even if mostly twitter. Let's see those fins!!!
They show a revenue of 10 million or more And/or earnings of 2 million or more.... And I vowed to buy every .08 share that comes along that I'm financially available to buy!!! At least they've increased their communications even if mostly through Twitter. Let's hope this media company doesn't produce or back the next "Last action hero"
I believe we got to .12 after the CE removal And then it came down likely due to no significant backup Catalyst. The added market cap valuation I'm sure isn't helping any either. They just need to show some legitimate revenuesAn evidence of increasing franchises... Sooner the later at this point. Some indications say they'll show 20 million revenue but with the current market Cap I'm really hoping it's more like 30.
If it helps, Most OTC's have, or are, crashing back down to a reasonable Price to sales or price to Earnings ratio. The pandemic gorging pushed so many of these way past a reasonable valuation. Reverse mergers still in the process like George sharps, have high valuations based solely on the hopes that something big will come in to them. If they end up being some little 10 million dollar revenue company... Those suckers are gonna crash big and fast!!!!
If you've been watching, Very very few have been is Ben showing large being large increases after significant catalyst announcements. Ultimately, Value is king long term in the OTC, And there it is very rare... But I do believe SFIO is one of those
I can't find out why this Steve Mills is on the crap list but he does show up on a few of the other more well watched reverse merger plays.
Based on old Dunn in Bradstreet numbers, the electric company had sales of a little under 300,000. Nothing spectacular but every little bit helps.
Right on. But they need to keep constant updates as well as financials to keep the price relevant and stable
Management responded after investors "get in their face".... Imagine that!!! I will give them credit for that!!! It Would be nice to know what Exactly this guy was doing for them and why he was on the otc crap list.
NOW, Just like other emerging reverse merger companies That give Some basic estimates on the revenues of their Company, Before official quarterly.... They need to do the same.
I doubt we're getting anywhere until we show some signs that this isnt one big Scam (That every OTC stock is just assumed to be, Until proven otherwise). There is something to be said for holding management's feet to the fire And I do believe they have some knowledge of what's going on in social media. Kind of like the scene from a movie where a computer hacker it's given a couple minutes to break Into a system I somewhere, somebody's holding a gun to His head Telling him hes going to get shot if he doesn't do it in the time allotted . Funny thing is I was posting less And was gonna just leave this alone until they came out with their promised information ... And then we get another whammy!
Now they need to address the new wrinkle on OTC that basically says somebody they're dealing with is essentially shady in some way. That needs to be addressed, answered and shareholders assured that they're cutting ties...... Immediately... Haven't seen a comment yet about it.
I don't know the specifics but I know a chunk of chunk went to this Sam asset company For them to offer to their subscribers as a way to get in on SFIO on the ground floor. The way I understand it is, Those members of "Sam" that buy into this, For the most part have to wait a year For any profit benefit With some opt out I believe. It's kind of a unique way of investing. Don't think I would buy into the System but apparently they have quite a strong base and growing.
Maybe somebody else here can explain it better than I can
They actually had given a heads up on that. By scrapping the reverse split That basically meant they were looking for expansion money from other means. Basically your only options are toxic lending, Venture capital which usually wants a percent of the company, Or sell shares. In this case I think they made the right choice. Keep in mind also that for the most part those shares are restricted.
Most other OTC companies would not have bothered to tie them up like that. But you're right in one way because a because the problem is that 90% of OTC investors don't really understand the nuance between restricted and unrestricted. There is a free float market cap valuation Model that would be nice if OTC would use. In that model restricted shares are not counted.
I was looking at 1 that seemed hyped I've typed socially last week that ran over a 100%. Practically no revenue and high quarterly expenses On going. One of those sold on the idea that it it is trying to "strike oil"... But nothing really verified. That's what I don't understand... I would not bet that that won't crash down badly soon
Great, Now can we at least get an inside picture of the dash with the key on? At least they're getting a little more consistent with their Twitter posting. Maybe somebody in management is paying attention?
Maybe some of us point these issues out so those that are still left will get more active to try to make management more aware of the degrading situation. Before all the diluting fiasco and promise of more details, there were a lot more people following here. How many then as now were willing to post on the Twitter comments or write emails to the management expressing concern or asking specific questions?
And believe it or not with an organization still in It's infancy like this one, Many times management, Or someone in their organization following Social media sites like this to get the lay of the land as far as sentiment. Most investors think that they're emails or comments don't make any difference or that management never hears them..... Possibly not with social media but definitely with emails.... They hear!
CSLI Has basically put out an ad for their car saying, "car for sale, It's really good and has lots of features... Trust me... You want to buy this car and If you wait just a few more weeks (to finish detailing) we will actually let you see the inside too"
Instead they should be repairing the big dilution Dent they put in the Fender And maybe add a few things like, Did we mention there's practically no miles On the odometer, You'll get a nice rebate, Has impeccable maintenance record, super stereo, Clean title.. Already for your inspection, just come on down And take a closer look
I agree with you in many ways that I hub Is nowhere near as prominent as it used to be. Stocktwit has more more people followling on an everyday basis but the majority of the information you get there is nothing more or then cheerleading pump. Reddit allows for more freedom of expression and less tight controls on staying true to a specific stock. Generally there's more DD available on ihub But I think because it's not meant to be a hit-and-run Posting Forum, Investors are less willing to take the time to actually Pose more serious questions or concerns about specifics.
As far as SFIO goes, I know Many are disappointed it didn't spike as much as some of these craps Stocks that have been pumped to millions of investors on shady Twitter sites. Keep in mind the announcement of the reverse merger completion Was not really any great revelation but it was meant to Be the 1st in a number of PR's Coming out And the word is getting spread
I posted this on stocktwits
So what is everybody's options If not for SFIO. Let's look at some of the other well followed And high traffic OTC that over the last 6 months at 1 point or another have been "all the rage" Just a few That for the last couple of weeks or longer have been flat or losing ground. EEENF. AABB. GOFF. GVSI. AVVH. DSCR IFAN. AMC And this is just a tiny representation of everything that's been crap Since at least April.
There are a few that get some announcement that they are getting current That have a spike run that eventually falls back down due to flippers. How many of these are ultimately complete junk and how many don't even know what or if they're getting in a reverse merger and how many have negative revenues? We know there is value here and many times foreign operated operated OTC take longer to get the eyes needed. Look at some of the groups that invite Any and all stocks that investors think are ready for is ready for a run.HUNDREDS think theirs is next
Unfriggin believable!!! And they're still on Twitter talking about how all these great deals are coming together and yet one to give no information on what that means and now they're working with some crook or shady Person or organization. Anybody left here needs to go on Twitter And ask him what's up with this new Issue and why haven't they haven't they given any financial information to save natural information to save their stock from sliding to oblivion.
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Half way to 9. 10 Would be great by end of day.... But you just know there's some idiot short minded Flippers That are going to try to ruin the party! Seriously, what moron sells in this environment?
AND HERE WE'AZ GOOO!!!!
And we drop under 1 !!! Nothing substantial from management nor PR of any kind. Clueless!!! Anybody left on their way out should send a nice email to Sam saying thanks for losing all your money And breaking all of his promises
I get involved in a few stocks a year And by the Time I get interested there's usually quite a few pumpers putting out all sorts of information to get it to move. But there always seems like only 1 or 2A year where the posters appear to be seriously invested and Truly believe that the stock will not only move but will be a long term hold. You definitely get that feeling with most of the sites that have information or promote S FIO. I found that more times are not that these believed in stocks usually do a lot better.
If I knew for sure they didn't have any toxic debt or didn't overextend themselves into an area I would see as problematic, AND Could show that they are producing some kind of reasonab revenue..... I could see this being ahold for somebody if they want to wait a couple years. The movie thing could be a big deal And the other partnerships may pay out very well. It's just looking more and more like we won't know these things for at least a year.
I personally did not want to be invested that long in this industry. After doubling down I'd have to get to one and a 1/2 to get out of this even. I should have seen the signs when Kurt D stopped posting after having such a supposedly close relationship with the management ;)
Or get out. I moved a little over to another play that I'm expecting to hit early next week. The board here is beyond anemic. There's so many things things or information management could put out that would help hold this up but it looks like they're just not willing at this point. I can't even say I know where they got the Funds to get Involved with any partnership in the 1st place. 3 months ago there were multiple posts A day and now look at this.
Or get out. I moved a little over to another play that I'm expecting to hit early next week. The board here is beyond anemic. There's so many things things or information management could put out that would help hold this up but it looks like they're just not willing at this point. I can't even say I know where they got the Funds to get Involved with any partnership in the 1st place. 3 months ago there were multiple posts A day and now look at this.
Or get out. I moved a little over to another play that I'm expecting to hit early next week. The board here is beyond anemic. There's so many things things or information management could put out that would help hold this up but it looks like they're just not willing at this point. I can't even say I know where they got the Funds to get Involved with any partnership in the 1st place. 3 months ago there were multiple posts A day and now look at this.
Dam Lex, Stop hogging all the post ;) But seriously, Thanks for all the updated info. I remember you from another multi bagger but I can't remember which one right now. Hopefully we'll have this one in common too. Going to try to pick up the last shares I can before the end of the day in case Monday is The Big Day I just hope my granddaughter will forgive me for using her next semester college tuition funds... If I'm wrong
In case anyone thinks franchise Are not a major commitment or produce major income.... Take a look at these opportunities
https://www.nerdwallet.com/article/small-business/food-franchise
In case anyone thinks franchise Are not a major commitment or produce major income.... Take a look at these opportunities
https://www.nerdwallet.com/article/small-business/food-franchise
You do realize that SFIO management just kicked serve bank AKA BNCM... To the curb, Right? Redoing all the agreements and share distribution is why we've been delayed the last month. Servebank principal shareholder is no there's no longer a 10% owner. I believe they still got some shares and exchange for services but essentially they no longer have any say or anything to do with SFIO. They are the ones that wanted the reverse split. At this point they would only benefit from the few other things listed like The college or that chickenrices stuff et cetera
If you're investing in serve bank because you think they're going to glean some benefit from the projects of S FIO.... Sorry but that's not the case anymore. I'm surprised BNCM hasn't Collapsed from SFIO investors pulling out because they thought they could double dip.. but Now know there's no benefit.
Even the telegram group is exhibiting signs of frustration. Is anybody else trying to put pressure on management through email or Twitter comments to help push them along to get this done and out to the public as soon as and as physically possible question? If not I suggest you get your keyboards out and start typing.
In there investor Presentation from January they talk about already achieving some goals including raising 1.7 million, real estate lease and acquisitions worth multiple millions of dollars,the 10000 ft² harvesting building. It seems like they should be able to record some type of revenue or deferred profit sharing from what they started with.
I have to admit I got into this on the heels of speculative and OTC market hype including the influx of covid armchair investors with governments stimulus checks to spend. If I had looked closer at what what they could realistically show for revenue Compare to their market cap value.... A couple years ago I would have passed on this easily.
The thing is I've been in this long enough that I should have anticipated that the covid dollar influx and new investor Boom would be gone if be gone and these high valuations if adduations would eventually collapse. I had hoped the ripple effects of all this new influx would keep the prices stable longer than it did.... As you can see with 95% of the otc... The money is gone and the creation of a whole generation of bag holders, Has Scared off those that might have stayed in the retail markets
They have enough authorized shares to do what they want. If you look at the share account on 6/30..And then At the official otc page now, There's another 10 million shares Gone.
Looking at their 1st proposals it Seemed to imply they already had projects in the works, other real estate etc.
Is at this point assuming they are successful with their partnerships.... This is definitely looking to be a 2 year plus hold..... Not what I signed up for at least without saying some early fruits. Is that's OTC buyer beware.
Then why not just post another bunch of zeros? If nothing else, Management is fully aware that many investors have been looking for some proof of profitability. For them to put out this quarterlyIs without some kind of explanation or at least some projected numbers for the 3rd quarter..... Once again, It just goes to show how tone deaf they seem to be towards their investors and shareholders. Is between Twitter replies and investors emailing him with their frustration..... You would think they'd start getting the picture.
It was my understanding they already had some real estate holdings and we're getting a cut off of the 1st crop that came out a couple months ago.... Some of that should have or could have shown up in that quarterly
If so has anyone heard back specifically from omni? Other than saying they can't talk about Anything..... Which is a bunch of crap because all their competitor firms do it every day!!! I think they closed up shop and just too afraid to admit it
So, Did nobody notice 6-30 quarterly Is put out today on OTC? No revenue just Assets of a 100000 from notes Payable, Which is offset by the 100000 listed in liabilities. Is cash position increased by a 125000 after they deluded 12 and a 1/2 million shares ,at a penny to raise it.
Anybody care to comment before I do? !!!
In case you haven't heard the new name that they're waiting for the final approval on.... If you go to this link to the picture of the S FIO basketball team and do just a little zoom in..... I think you'll figure it out. Still not sure why they felt they had to use those exact letters except that it's cheaper not to have to change all of your letterhead ;)
https://m.facebook.com/epiphanycafenz/community/?ref=page_internal&mt_nav=0
Things have transpired since that quarterly was put together gather like serve bank share issue. I don't think we know for sure if or what has happened with those 55 million.
But will you publicly admit that you were stupid for getting out if it's at 20 cents when you come back?