Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Look at the huge spread between bid and ask and generally that comes from low volume or high volatility. For most of the day the sells were outnumbering the Buys yet the price stayed positive against the close of yesterday. I have found that in a very general sense that is often a signal that MMs Are willing to let this run with more significant price increases and they're discouraging people from selling at the much lower Ask. This does not always correlate and there's lots of other issues that could be affecting things but in general for me that's an unofficial clue that they would let the price rise if they had a significant buy to sell ratio.
The signal seemed to be that they're ready to let this run. It just needs some volume and 1 or 2 really good Catalyst to let this thing go for a little bit.
Hey kbaz, So I got in the last time DSC* ran about 400% in a few days, I got out about 70% fairly close to the high and left the rest in as free shares. It then proceeded to tank about 70% which is common in these types of otc stocks. Knowing there were a couple catalyst coming up I got back in a couple days ago after a couple straight days of gains. Since it started running again it's up over a 100% and the catalyst hasn't even been announced yet.
So what's my point and how does it relate to SFIO?
This is a mining company that just introduced its own gold backed crypto coin a month ago. The company itself has just started mining its FIRST, new operation and has no real revenue and just a lot of debt at this point. There's been no real confirmation of the actual quantity or quality of metals there. Yet their market cap is Around 60 million dollars.
Why don't you go to there ihub ihub in Twitter accounts and let them know just how much much they're getting scammed and that all their money is going to be taken by the officers? This company has 100 times LESS viability or history of operation OR expansion than SFIO.
I'm sure they would be appreciative of you warning them that they are about to lose all their money. You can let us all know how that worked out for you. OTC = no normal rules. You just have to learn how to take advantage of it.
They been busy updating their Facebook and Twitter accounts. There some articles posted on their website that are interesting to. Check out the convenience store chain That's putting in an area for the donuts kind of like Krispy kreme does in convenience stores. This particular one only has 5 stores but imagine if they get contracts for larger chains. That could very well become a much larger percent of their marketing and revenue then stand alone stores. I'm sure kbaz is going to tell us how that's a really badd plan and how it can't work. ;)
https://epiphanycafe.co.nz/news-events/
https://m.facebook.com/SFIOAgrokings/
https://franchise.co.nz/articles/3297-donuts-get-sales-moving/
Cafe of the year; community involvement awards ; Best growth company award.
They sure Are putting a lot of work into growing a business where their only intention is to scam investors out of their money by selling shares!!
Hey kbaz, I'm really the vice president of McDonald's Where I Alone am responsible responsible for inventing The chicken mcnugget. Before that I was the vice president of marketing for Starbucks and I was the one that chose to call the sizes "Grande, Venti, trenta".
Such an important guys spending so much time on a stock he sold that he can't emotionally detached himself from....bahahahah bahahaha!!!
So how many shares have you secretly bought up by now?? I bet everyone here that when this thing explodes "somebody's" gonna tell us they really had acquired millions of shares.
Asking for factual details....right after you post facts to support your assumptions....bahahahaha
Sounds like they're setting up a manufacturing based Bakery in is in Australia to supply their new franchises there. That sounds like a pretty aggressive expansion plan to me and Australia definitely has a lot more opportunities based on population size.
I have read about their freezing process in one other article in I think that goes to show the seriousness of their expansion plans.
Assuming this freezing process which my understanding is as engineers they developed themselves, Actually works... That is exactly what you need for the most rapid expansion In that you can deliver these products and have them inventoried for a lot longer than a standard Dunkin donuts. It allows only one central hub to service a lot more locations than having to deliver to each store every day Limiting what's your production can be at any given time.
Btw, stop deleting, no reason.
Oh no, kbaz was right..its going to sub pennies!!! ....Oh, Wait...my bad...its up more today. Glad I'm not wrong all the time like some.
The day they decide to go public, I'm selling half of everything I have to buy into that company. I think of them when They talk about the Epiphany donuts being pillow soft. I wonder if they have the same type of recipe But the rise and rolls definitely are not like any other donut out there. You wouldn't give a Krispy kreme doughnut to your dog as a treat after eating one of those.
I think they've just started expanding in the last few years but they're a good example of how fast something can expand once they get a little Name recognition.
I found out about this bakery from a friend that lives in the area and I try to stop there whenever I go through. There donut holes are so good they're affectionately known in the area as Amish "crack" The bakery is in one location in a Modest building and they have now grown to 6 outlet stores in the area(>5yrs). Here is what Dun and Bradstreet puts as their current revenue. This might be the main reason I was intrested in SFIO from the beginning
Rise 'n Roll Bakery, LLC is located in Middlebury, IN, United States and is part of the Specialty Food Stores Industry. Rise 'n Roll Bakery, LLC has 48 total employees across all of its locations and generates $2.67 million in sales (USD).
I'm sure you can extrapolate where just the bakery and Epiphany cafe by itself should realistically be bringing in a year in sales. Keep in mind this has 1/5 of the stores that Epiphany has And does not include all the other Parts of the conglomerate.
Yes even small donut operations can make lots of money.
Good catch! https://www.globenewswire.com/news-release/2021/07/23/2268090/0/en/New-To-The-Street-Newsmax-TV-Announces-7-Interviews-for-This-Weeks-TV-Broadcast-Sunday-July-25-2021-Hour-Slot-10-11-AM-ET.html
Boy, they sure are putting in a lot of time and effort to build-up this "scam" lolol.
SHOW ME THE...FINANCIALS!! As long as they're reasonably Profitable (Or at least really decent revenue) on their 1st real quarter this could move On hopes of the future partnerships being created. Doesn't have to be a ton but at least some kind of profit. It's about time we should be getting it. I know I'm holding off putting in larger amounts and I'm sure there's lots others with the same feeling/apprehensions. Head to multiple baggers last year that exploded after getting confirmed profitable financials..... One that lost 80% when it turned out they had nothing.
It's these newer merge companies that are the worst by not knowing The specifics from an Audited situation. The waiting is the worst. Are these guys for real.... Are they just a pumped up Fantasy... Or are they somewhere in the middle.
The only light that is coming to me is the fact that your obsession goes way beyond any ability to form a reasonable evaluation of this company. Hopefully they're responding more because they realize they need to keep their investors happy and hopefully getting closer to putting out their specific financials
It's funny that you're still too scared or knowledgeable to answer any of the questions I have posed to you even though I have responded to each of your claims in a reasoned and factual manner.
Since you refuse to answer any of my questions or clarify your statements then I will have to desist from responding to your post directly anymore. I'm also getting tired of all those that have blocked you sending me private messages asking what crazy thing you're asking now.
Took a quick look back here to see if anybody was left. As far as I can tell, Omni has not posted anything on their Twitter not even Hey we're still working on it.. In over a month and I don't think anybody's heard back from them on email that I know of. I have a feeling with RM possibilities coming to an end they might be defunct already. Anybody heard from them directly feel free to post here when and what was Said. It's too badd, One of their other ones was way old enough not to have any issues and AA low market cap and ridiculously low float.
Kbaz, My goal is to find companies on the verge of Break out and try to shoot for holding for no more than 5 Months. Last year I hit a 7 bagger within 2 weeks, A 4 bagger within a month, But two others that ended up being a 4 and 8 bagger Took 4 and 6 months respectively. I usually have some percent of stop loss set and have rarely held anything more than 7 or 8 months unless I really think it has a lot of potential for continued expansion. I'm willing to wait another 2 to 4 months for this as long as the numbers look good. On the ones I feel have future potential I always leave at least my free shares in them for a while.
The one thing I don't do, Is to get so Obsessively attached to any one stock that I waste my time Posting about it day after day long after I have Gotten out. Given you seem to follow only one other stock and it's doing poorly.... I don't know why you post on these investor sides at all quite frankly.
Reverse mergers take time and they're not at a point where their consider late in their next quarterly financial. I didn't say they had 20 million in sales I was simply pointing out what their value would be at different levels once we find out.
My point was unless they're only generating a couple million in sales per year, Then this would not yet be considered Overvalued based on the market average. Most of us here are willing to chance the fact That their sales will Be at least above 5 million.
Is there a chance they're generating less than that? There is always a chance things are not as good as you hoped but that's the nature of OTC. If you're not willing to make educated bets, then you have no business being here in the 1st place.
Ya, Sure... They've put almost 5 years into building this scam just so they can run off with some money after they sell shares. We have been over this before.... Someone could set up a scam like you're talking about in a 10th of the time without having magazine and news articles written about you or selling franchises. That doesn't include adding a bunch of other businesses just for the sake of pulling off a scam 5 years later... You simply just don't make any sense.
OTC Markets Group P/S Ratio : 7.00 (As of Today)
Even in the largest established markets, a price to sales ratio of 2 is considered very good but the OTC average is 7. So, Just to be average for the OTC, Their total sales would have to be in round 6 and a 1/2 a million dollars. Given that they're starting out on the more speculative end of the OTC market you can plan on investors seeing half of that amount of sales as a good starting point.
With 20 million In sales, just meeting the average they should be trading for 21 cents. Add into that the tendency of the OTC to over hype a new stock of interest to 2 or 3 times its realistic value... Just icing on the donut
This is a standard price to sales Ratio and not Profit. Some of us involved here think that between all of these operations they will have at least that minimum amount of sales. 10 Dunkin donuts stores here would generate that kind of sales for a year. So you're saying with 27 franchises, A bakery, Coffee distribution, Electric company, And whatever agro king adds to the mix... Will not generate that amount of sales?
Most of us think they will. You do know don't you that pretty much all stocks trade at some multiple of their sales and/or profit? A company with a market cap of 45 million(not 50 right now) doesn't mean they're expected to produce 45 million a year in sales.
This is the longest and most intricate scam I think I've ever seen. Imagine a couple guys Spending 5 years building up these businesses from the ground and going through all the hassle of listing their stock on the US exchange just so they can scam a bunch of investors for millions of dollars for the sole purpose of walking away from the companies and running off to some exotic port to spend their millions of scammed dollars.
I'm so happy that kabaz as pointed out This insidious plan. They even had the audacity To have Various articles written about their expansion.
https://franchise.co.nz/articles/3297-donuts-get-sales-moving
It would really be great to know what their revenue or earnings are. Generally I have to say I don't like these sites when people put pie in the sky valuations especially on these OTC stocks. So what is realistic based on potential sales/r
evenue. I was shocked today to see that...OTC Markets Group PS Ratio : 7.00 (As of Today)
I knew it should be higher than the standard markets where anything under 2 is considered pretty good. If CSLI ends up having sales of 10 million that would put their PS at 1.04, At 20 million it would be .48 which is even better.
If we do a crude extrapolation as to where the price should be based on An OTC Avg PS of 7... It would mean it should be trading Roughly between .10 & .20, At least in the short term.
Of course normal rules of market logic don't always follow in the OTC, They could always have one of those momentum runs that takes it beyond... But given most of the covitt newbie traders are probably gone I'm not holding my breath. In the short term Ill gladly take half of that low estimate.
Haz Is crashing. Those previous officers Must be complete idiot's tonight either make a deal to hold on to a certain portion of the shares or let the new company bring up the share price, Holding whatever they still had!!!
Wouldn't it be friggin great if CSLI Would post their quarterlies now with no less than 25 million in revenue?!! We'd be back over 3 in no time
Kbaz, They must be the best scammers in the world!! Anyone that could convince Google maps to have pictures of there multiple store fronts... Well they must be very well connected To be a scam that has Google complicit in... Then I'm guessing They will be able to eventually get enough Pump and dump experts to pump this thing to 5 times its current value. Who cares if it's actually for real with that kind of Corporate backing
They need to post their financial showing what the new merged company is actually making. You can slap it all you want but I don't think we're gonna see a lot of movement until we get that information. A ton APR's probly isn't going to move it without that information. If they do and the revenue is even half decent then I think you'll see this run like crazy but it's largely in their court right now.
I don't think the market makers are doing much in this last year that they haven't been doing for 20 or 30 years. They may have taken advantage more so because of the high volume but they still are what they are. Almost every time this year , for I don't know how long I've heard the same story how market makers are being excessively Greedy. They have always taken advantage of certain situations or certain time frames to Set up their accounts for a future binge or purge. I can't think of any time anybody has thought they have been acting fairly.
I understand their shenanigans and I don't like a lot of it either but until someone comes along to challenge their trading structure they will always be "the house". It's kind of funny that I've never heard Or seen an investor post the following statement, " I can't believe that stock ran up 400% in just 3 days, Boy it was really nice of those market makers to let that price run so rapidly with no real strong catalyst to warrant those types of price jumps"
I think you missed the point. If you're referring to the last set of relief checks that were cut those were when people were starting to get back into a regular routine and found out the actually needed that money for expenses.
The quote about schwab goes to show that trading in general has decreased which therefore means volume is decreased.... And I'm guessing it's affected the OTC more so than anything else. You confirmed my point a little when you talked about GME. Everybody knew it was bound to come down eventually because the valuation just is it even close but all those people that stuck money and at a 100 200 $300 a share .... and drank the Kool aid that it would keep going up.... Are now the bag holders left over. The exact same true is with the OTC but it's even more magnified.
Look at some of those reverse mergers like magic wheel or George Sharp's good vibration shoes. The merging company was a small to mid grade cannabis distributor but at its heights it had a market cap Was closing in on a 1/2 of a billion dollars. As those and some of the earlier ones like humble that came crashing down left a lot of bag holders that are not coming back.
COvid provided a slew of new investors and a ton more trades Than a normal that push these prices to extremes. What I'm saying is that is OVER... It accounts for a lot of what we're seeing now. MMR just doing what they Have always done.... They've just Had to adapt to doing it at a higher trading volume.
Something everybody needs to keep in mind and come to terms with as far as the general market goes and specifically the more speculative and OTC type stocks..... Here's a clue as to why it's time to go back to looking for value.... Which I'm hoping there is some in S FIO
Charles Schwab Corp.’s profit slipped in the three months through June as the retail trading frenzy that was born amid the pandemic cooled.
Daily trading volume averaged 6 million, a 28% drop from the record 8.4 million daily average recorded in the first quarter. Average daily trading volume was up 4% year over year.
Not really a debt per say, If you look at closely you'll see that's professional fees which I'm assuming is the expense of the reverse merger. As for the reason the rest of OTC and speculative stocks are not doing well.... Here's a clue!!!
Charles Schwab Corp.’s profit slipped in the three months through June as the retail trading frenzy that was born amid the pandemic cooled.
Daily trading volume averaged 6 million, a 28% drop from the record 8.4 million daily average recorded in the first quarter. Average daily trading volume was up 4% year over year.
Arm chair newby's with government relief checks all got caught holding the bag on these phenomenal run UPS and now they've all had to go back to work and soured on the whole investing thing
I'm ASSUMING, Those quarterly numbers are still The Leftovers from the defunct company they took over. If not and that is their new operations actual financials.... Then we are in deep doo doo. We need to see official financials from the CSL I main shell and all the subsidiaries. All the pie in the sky projection they gave out in their release this week mean absolutely nothing unless they can show But they have revenue and assets.
I understand that particular company is farther behind on the merger process so I'll cut them some slack on that.... But they need to give us some concrete numbers for the main shell and any of the other subsidiaries or partnerships.
So, Should I flip yesterday's 059 For a 20% return? .... Or let it ride. I am guessing kbaz would have me get out now while I can
Anybody else having issues with stock twits? I posted twice under 1 of 3 aliases you might recognize but it won't show up on the CSL I thread. I've tried resetting multiple times. The message showed up on the Other mentioned stocks I included... Just not on CSLI. I have never had anything this weird happened when posting there before.
Go spread the word. Post some good news on stock twits and add a few other tickers you think would be in line with this one so they show up on that Twitter board as well. Posted on any other forum you're familiar with. The stock has a serious visibility problem So go do your part let people know.
You sir are absolutely correct. The biggest thing holding this back is not if they're going to sell shares for capital expansion.... Which can make a difference depending on how it's implemented ...BUT... The real and last big concern for investors is what actually are their financials for the quarter. If their revenues are dismal and unaudited financial shows a lot of debt... Then at least for the next year we're probably all screwed. Their valuation along with the percents they own of other companies are the key.
This is always the greatest concern or hurdle for investing in a company coming out of a reverse merger. They could say and make up any type of projected revenues or profits all day long, But it's not until you get it in a legally binding format that you know for sure they are for real, or just another company "hopeing" to be profitable At some point in history ( Selling shares along the way to keep them afloat)
I know for me, The 1st announcement of selling a smaller portion of shares for capital wasn't too big of a concern, but when they revised that number a lot higher , willing to Sell to the market at a much lower price... That was the biggest red flag for me by far.
I am cautiously optimistic but what it comes down to it you're not gonna see any movement until we know what their financials look like... All the announcements about JV partnerships or partial ownership is just noise. It's like that oft quoted movie, " SHOW ME THE MONEY (FINANCIALS)!!!
Thanks to whoever gave me those 059 shares... Somebody's buying now!
Definitely was hoping for this to resolve itself sooner than it did. Compared to most here I'm relatively new and my entrance point is right now only slightly at a loss. I had a similar stock this time last year that I continually bought on the way down for 4 months and was about to give up. Financials were good but it was just an unknown company. I was planning to give up at the end of The monthAnd it just so happens a few days before It took a week for it to turn into an 8 bagger. Took that to one that turned into an
6 bagger a week after I Put those prophets in another stock it turned into a 6 bagger.
It's hard to know when to cut run because of situations like this where you know you would kick yourself If it took off a few days later. I try never to put too much in to anyone OTC so I Can't let some ride for a while without Feeling to financially squeezed by leaving it there.
Some of us only get into certain stocks with an objective Mind set. There have been a few times here I have been their worst critic. OTC is inherently risky even with the best sounding company and yes sometimes financials can be Exaggerated or altogether bogus. Some of us like to take risks on companies like this emerging from a reverse merger. Compare to the majority of the OTC company's, As I'm sure you're aware of, Have negative Profits orAreIn a research phase in which there is little profit but high potential for future advancement. 9 out of 10 of these will probably fail. Agra king could end up having a tone of losses and a fraction of the revenue expected. But the evidence we have to go on is that The major players have Ben starting or expanding businesses since 2016 and have increased operations like the cafe. They are working to expand and other countries. My investment here is the gambling money I have that hope they become the next Dunkin donuts or Krispy Cream Or a growing conglomerate. Until we see their financials were not sure how much of this is Profitable or if they're just Barely hanging on. I am willing to bet that all the years they put it to the various expansions speaks to their Potential And am gambling on them wanting to increase their business instead of take a short term Stock scam.
Are you talking about the financial compliance regulation? It could force some out of dead stocks looking for a place to put it... But I think most of that's already been done. The ones that are at least in the process or a file the proper paperwork will be OKBut I don't see how that will affect CSL I
You're seasoned opinion has been the same one obsessively Posted day after day. If you think its a bad deal then move on to another one that's doing A lot worse and give them your season opinion. Except you're not nearly as critical if at all with your other stock of interest. You made your point with little to no proof and right now The saying about beating a Dead Horse Has new meaning with your post. You beat it so much it's turned into glue.
I would rather take a chance on this one without knowing the actual financials then say another 1 whoseExpenses outweigh their minimal revenue by 7 to 1... You probly know what I'm talking about
What news? You mean about getting involved In realestate? That's like stopping to bet on a horse after they've only won one part of the triple Crown. Are you out because you're worried about their actual financials or because you just been waiting for to long.. Which I get... I haven't been in this nearly as long as most of you.
And another....
$CSLI Shareholders: Our team is reviewing the OTC Disclosures for $RWGI and will submit them by the end of the week. We expect $RWGI to be Pink Current this Quarter. #Partnerships #PotStocks pic.twitter.com/cOkAyIFMxV
— CSLI Studios / Critical Solutions, INC. (@CSLIStudios) July 14, 2021
All that dilution...must be a scam
Expansion cost money!!!! You want them to go to 3rd party partners For venture capital? Have you ever seen the show "shark tank". When those guys see a product that they actually think has a huge market possibility.... They rape the new struggling company management for a share that far exceeds any Future profit Percentage. They could take on toxic dead which has its own problems... Or they could sell shares out of Treasury which they haven't done yet. You think that any of these options are free of expense or risk? That's just plain foolish.
No matter how you cut the cards expansion means risking capital, period. Are these guys expanding in too many areas? That is a possibility but the fact that they have been surviving since 2016 and the businesses are actually growing and expanding.... Why do you think this is all for fake. Like I said in the last post, I could do a scam fake job for a lot less outlay and in a 10th of the time that they have Ben legitimately in business. Are they perfect... Absolutely not... But they seem to have an intensity of building wherever they see potential. ALL otc Is a risk and most of us here don't bet on these types of things with money we can afford to lose.... But compared to some of the other tickers and scams out there with huge negative revenues.... I'll take my chances on this before them any day. I said yesterday I do a group you on one thing that they do need to post financials.
I also wonder why your not so harsh on the other ticker to you seem to be following when they're in a lot worse situation and a lot more negatives than this company