Wednesday, October 18, 2017 9:42:32 AM
As I've been pointing out in conversations here and there... beside the fact that it's natural to drift in either direction when price is trading in a channel -- this was likely entirely supported by couple people (one that we know of who announced his intentions) and the second was a relative (palm tree- lol), causing one to chase the other, which triggers a false positive that causes others to get caught up in a cat and mouse chase...
It's happened before with close correlation to the run-up Aug-Oct last year with a similar pattern and cast of characters before the price fell back to .0004 by EOY.
We need to hold .0012 support, and market supports current pps based on 12k sold units, but folks are expecting $1.6M gross for Q-3 based on promises, which will get ugly if that doesn't pan out. Best to keep expectations realistic.
Today insider shares unlock and Simple Cork inventor's shares would need to be flushed out sometime in the next few weeks since he gave up the patent to Dror, and I'm sure Dror would rather see him out sooner than later. Dror can start diverting attention with announcements with SF Holdings and his preferred shares. There's several tricks he's used in the past and this is where DD is your best friend.
Keep in mind even though Yaniv claims there was a share exchange for Dror's control shares months ago, nothing of the sort ever took place with FL SOS, and as far as the state is concerned Dror is still in possession of both Series A and B preferred's -- meaning he is very much still in control.
Lucky for us, Dror's somewhat predictable if you've been keeping up, and is about to pull some oldies but goodie's out of his bag of tricks with his shares and possibly a new addition to top tier management at SF with a lead up to splitting the 2 segments, however he likely won't blow all those tidbits (plus more) until timing is optimal.
There's one more stunt left to play out in the future, BUT, timing is important and Dror knows that. As long as bid support stays in place folks should be happy with price holding this level, however ideally pps needs to emerge from the down trend before Q-3 in case there's more panic.
.......CB
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM