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Wednesday, March 04, 2020 1:46:30 PM
People don’t understand that SFOR has NEVER had a profitable quarter or Year based on sales revenue or any revenue.
They’ve survived for 20 years by selling shares and then doing reverse splits and then doing it all over again.
In between they pump and dump so convertible note holders and the occasional lucky retail trader makes some money.
As long as Mark Kay can keep expanding the A/S until it’s maxed out, then reverse split and do it all over he will.
He always has and always will.
Sooner or later the retail interest may dim but there will always be a message board full of pumpers “somewhere”.
What people also don’t understand is this:
Mark Kay has said that he doesn’t have to file an 8K for deals because “they aren’t our deals”
But what Mark knows is this: if there were a material change in revenues (higher or lower) or a material change in SFOR’s business HE HAS TO FILE AN 8K no matter where those revenue gains came from or no matter what caused the material change in business.
So for him to say that they should be in the black by August is fine. It’s a forward looking statement and protected. But if they actually became profitable THAT CONSTITUTES A MATERIAL CHANGE because materially speaking they’ve never ever been close to profitable comparing revenues to cost of revenue. They’ve always lost.
So to become profitable IS ABSOLUTELY MATERIAL NO MATTER WHICH BUSINESS PARTNER MADE IT HAPPEN.
If people would quit listening to pumping opinion and learn from facts they wouldn’t be losing so much money.
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