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Re: Faustilius post# 24773

Wednesday, 05/13/2015 2:00:20 PM

Wednesday, May 13, 2015 2:00:20 PM

Post# of 235099
The CEO said 165 million shares outstanding? He is once again lying to all of us. they have sold more than that in the last 10 trading days alone. The guy has no credibility, this stock is definitely above 400 million and now that the daily average is starting to flatten at +/- 30 million shares they are ALL new shares.

when it goes to .0003 they will sell 40 million a day and at .0002 it will be 50 million a day and when it gets to .0001 they will sell 60-80 million shares a day.

This is not speculation, this is what they have done 2 times in the last 18 months. This time it is just accelerating much faster than the 2 previous times.

They need $150,000 each month to pay salaries to themselves. They pledge their shares to the MM's at a 40% discount to the actual price the MM's sell the shares at. So if SFOR needs $150,000 for June and the stock is at .0004 they sell the shares to the MM at .00024 and have to sell 650 million shares for that $150,000 in cash. THe CEO knows this, it has been well documented in previous filings so why he is BS'ing us with how many shares are out seems crazy