Safetek International Inc. (SFIN)

[GoAndCollect]

I didn't post for a while, still sitting on 1M AVG 0.01 but after reading the balance sheet of the gambling company I have my doubts. They might have 20M+ assets (means nothing for the PPS) but they also have 4M liabilities. An investor put 4M on the table for the product (machine learning gambling program), yet to prove that it does what is says. On top the market capital at 0.02 is 5M as the os is 280M ? So you guys speaking about a run to 0.1 means market capital 50M. Low float or not I think it's overpriced already for the moment and SFIN is the only one of the synergies that run from 0.002 to 0.026 and it doesn't have the lowest CE and street shares, much higher than XGEN (5 times higher), XGEN where no company is chosen yet trades much thinner and sits at 0.03 now. What I think is that indeed patience will be needed here but we have to be realistic. 0.026 was already much too high. This broke out from 0.0085 to 0.026 on 3-5M shares but 14M was trading between 0.0044 and 0.0075 and I'm sure that are the ones selling into the bids like yesterday at close. What I'm afraid of is that we will see 0.011 before we see higher prices. Specially the time it takes to get the CE away and bring on PR's and marketing efforts on there machine learning betting platform. Comparing this with big gambling companies is far too early. BTW the ones loading 0.017,18,19, 20 and 21 are a handful of people on this board. I didn't seen new investors yet at these levels.
I won't look at my 1M shares for a while and I hope it will go to 0.04 one of the coming months. Just be aware that behind the scenes to buyers of 0.004 - 0.0075 are still selling for a double when bids go to 100K-300K.