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Thursday, July 22, 2021 1:56:05 PM
Why should they even care about revenues?
They all get 6 figure paychecks every single year regardless of revenues because they keep using shares to pay bills and their salaries.
What I agree with you (among other things) is that dummies who are suddenly astute capital markets traders throw money at this.
Make no mistake; Claims about due diligence and doing their own research are idiotic.
An ounce of actual research would reveal that SFOR uses shares. SFOR uses retail shareholders. If SFOR wasn’t a public company they would have shut the doors 18 years ago.
SFOR relies and survives solely on issuing shares or offering convertible debt features to survive every single year.
For crying out loud… if I owned a lemonade stand and went into the red every single week I’d have to shut it down UNLESS I had a constant flow of outside investors who believed in the dream I was selling them.
If SFOR were a private company you and I and others would not be talking about them today. They would have turned off the lights, locked the door, handed over the keys and filed for BK nearly two decades ago.
But no. They’re a public company skirting the reach of the SEC and FBI through the use of a “forward looking” statement disclosure.
They’ve robbed thousands of investors.
What keeps SFOR alive? The hopes that “this time I’ll have finally picked a winner” types of investors who swear that SFOR is finally going to make good.
The worst part?
Mark Kay in any given private email exchange will encourage but not encourage those investors that the next big thing is coming “soon” and those investors believe it.
Then those investors come in here and claim to have done due diligence when they haven’t.
Want proof?
Next time someone says they’ve done their due diligence and didn’t walk away…there is your proof.
Anyone who’s done any due diligence would IMMEDIATELY SEE SFOR as nothing more than a share based Ponzi scheme that only enriches the guys at the top while costing everyone below them every penny of their investment.
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