Sunday, October 16, 2016 11:07:30 PM
People upset should go back and look at some previous post of mine.
Many in here have cried "buyback". How much do they need to buy to make you happy? 1 billion? 2 billion perhaps and get it down to levels before the convertible debt holder rejected payment and elected to convert?
Obviously a lot of us have locked up a large portion of the float.
So if you could magically hold the price at .02 you are talking $40 million. In truth that wouldn't even buy a billion back as the price rose. You really want the company, fresh off liquidity issues to expose itself to more by buying back shares?
That is stupid and Kay would be an idiot to do it. Even after the remaining debt is paid off, cash from settlements needs to stay in the bank. Period.
So if you want to move up into more highly regulated boards where you have some protections from groups like the one making everyone have panic attacks every other month...you have to address the PPS. At 2.3 billion shares you need to valued at over $2.3 BILLION dollars ($1) to get in the real boards and honestly you need to be reliably above $5 to not get nasty grams.
Will they do it now? NO
Kay has stated over and over no R/S and he has been nothing but honest and a straight shooter. Plus this would be a HORRIBLE time to mess with the share structure and rattle investors.
But when the money starts rolling, contracts are in place, debt is paid off and liquidity is solid.... SFOR needs to move into better boards years from now if they don't get bought out prior.
If you don't like my logic.. sorry. I'm not saying it to make you feel good. I am looking at the health and longevity of SFOR.
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