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Tuesday, August 25, 2020 1:02:34 PM
Perhaps he recently bought these “lows” to average down a massive loss and threw good money after bad here.
EVERYTHING that SFOR has done since the R/S has done NOTHING for the shareholder.
Anyone buying now clearly doesn’t understand how dilutive that Reg A is.
If fully funded, SFOR’s O/S will go right back to the billions just as it has in the past and SFOR’s share price will tank back into the $0.00x’s and then into the $0.000x’s.
A few years ago... perhaps 2016 if my memory is correct they had 87 million shares O/S.
That number, through constant dilution then R/S then dilution and R/S over and over again alongside constant Convertible note sales ballooned into the BILLIONS.
It’ll do the same thing.
A company doesn’t do the same thing over and over and over again for 20 years and suddenly change their modus operandi.
Penny...if you bought more, you clearly haven’t learned your lesson. Perhaps when this hits $0.009and lower you will see.
Keep in mind, the lower SFOR’s share price goes, the more dramatic the dilution will be to raise $2.5 million.
When they offered it, the share price, post Reverse Split was $0.12 per share.
It is now $0.0166.
This should create nightmares for longs and especially for ANYONE who was dumb enough to buy 1 or more shares of SFOR once the reg 1-a was filed with the SEC.
Sheeesh penny... maybe KOS was right and he did dump 10 milky shares on you.
Sorry bruh... sell what’s left or lose it all.
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