Wednesday, April 05, 2017 3:00:07 PM
Ummmmm
SFOR hit $0.0218 yesterday.
SFOR hit $0.0235 today.
A week ago, SFOR couldn't even hit $0.020.
Can SFOR go "much lower"?
Let's see...
Hmmmmmmm
SFOR has never ever ever ever ever had revenues that produced a profit.
A 10k is due between JTS (that's a made up acronym for the MUA (made up acronym folks) that means their 10 is due from JUST THIS SECOND until Mid April. The 10k will show really impressive revenue gains.
The 10K will also show shockingly higher costs of revenues.
The 10k will show that SFOR still has $9 million in debt (oohhhhh here come the "Kay said it was $4.5 million which means they paid off half" crowd.
NO!
He did not.
What he said, if you were listening, was that SFOR recognizes "about" $4.5 million in actual debt and THE REST OF THE 9 million is IN INTEREST THAT THEY DONT PAY OR RECIGNIZE. (Paraphrased)
Can SFOR go "much lower"
You bet!
But that doesn't mean that it hasn't been one helluva fun bunch of trades lately.
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