Haaaaaa
SFOR? They've got 5 billion shares A/S. Of those 5 BILLION shares AUTHORIZED, they've only used 2.3 billion.
"A buyout could come AT ANY TIME"
"Don't miss the boat"
"Avoid future regret"
A SHARE OFFERING COULD COME AT ANY TIME TOO!
(*note to haters* I don't really believe a share offering is on the table right now, but I'm pretty sure my point is clear = everyone is claiming "good news is coming" while bad news may be coming as well.)
I swear!
"So many who know so little swear they know so many things!"
"It is better not to know so much, than to know so many things that ain’t so."
"You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant."
Bad things can happen just as easily as good things and they're more likely in penny, stinky pinky land than anywhere else.
SFOR, in their MRQ showed a 52% increase in revenue when compared to the same quarter last year.That sounds great right?
Well, that's just a fraction of the story.
SFOR, in that same quarter, saw the cost of revenue climb compared to the same last year, and they saw their cost of operations climb compared to the same quarter last year.
SFOR saw executive compensation rise compared to the same quarter last year.
SFOR saw SG&A COSTS MORE THAN DOUBLE when compared to the same quarter last year.
The same holds true for several items when compared QoQ. While revenue rose, so did other comparisons.
SFOR also has $1.667 million in the bank right?
That's awesome right?
Well, hold on a second...at the end of Q1 this year they had over $2.144 million in the bank.
WHERE EXACTLY DID nearly $500,000.00 GO!
They had $120,000.00 in revenue this quarter and burned through EVERY PENNY OF REVENUE PLUS$500,000.00?
So:
SFOR is currently operating at a loss and burning through cash.
At this rate, they'll be out of cash or close to it by this year UNLESS they dramatically increase sales AND revenue WHILE SIMULTANEOUSLY keeping the cost of revenue low AND the cost of operations low. You can't have both of those climb in tandem with revenue or no matter how much revenue increases QoQ, or YoY, you'll see cash drop, and operating losses continue.
There is NO METRIC out there when trying to find the true value of a stock that currently supports the current share price, let alone these wild SFOR predictions of $0.05, $0.10, or $1.00.
SFOR's revenues would have to SKYROCKET (this would be an 8k reportable event as it's material to shareholders) before SFOR could be WORTH a legitimate $0.05 and there is no foreseeable event that would bring SFOR's valuation to $1.00 other than a bonafide "pump and dump".
Claims of $30-$40 million dollars per settlement, per each of the three current lawsuits. One prediction called that number low and predicts $100 million per each lawsuit.
ABSOLUTELY NOT! Those predictions are baseless and have zero merit. They are nothing more than the accumulated frothy hype here on the SFOR board.
NO ONE, AT THIS POINT CAN ACCURATELY PREDICT THE OUTCOME. EVERYONE CAN ONLY GUESS.
"Those who have knowledge, don't predict(guess), those who predict (guess), don't have knowledge"
NOW? Anyone out still scratching their head wondering why SFOR ain't zooming "to copper or silver or green" land?
Anyone out there still wondering why there is pressure on SFOR stock on nearly a daily basis in between press releases?
Anyone out there still scratching their head wondering why SFOR stock can't keep gains after a press release?
(QoQ = quarter over quarter...in other words I'm comparing a current quarter to the last reported quarter)
(MRQ = Most Recent Quarter. This is always a reference to the last quarter that was reported. It is never the quarter that you're actually in. SFOR is in Q3. Their MRQ would be Q2)
(YoY = Year over Year. This abbreviation refers to the same quarter this year compared to the exact same quarter from on year prior. Q2 saw a 52% increase in revenue YoY: you're comparing 2016 Q2 to 2015 Q2)
Insert I'm not sure I belong here smiley face here
