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Re: kbaz post# 88428

Monday, 07/25/2022 12:28:55 AM

Monday, July 25, 2022 12:28:55 AM

Post# of 92719
Funny? Yet no one has STILL not given us a better OTC with better stats.
Companies expand and grow all the time on their own profits, BUT they can use equity financial, multiple forms of borrowing etc. The important questions are... ARE THEIR REVENUES GROWING.. CHECK. DO THEY HAVE ANY NET PROFIT, LET ALONE OVER 20%....CHECK!!

As long as no one of their conglomerates is a serious drain on the others and all generally profitable, be thankfull..especially considering most OTC cant make these claims.

I believe that at multiple points, many investor(s) have made claims that the cafes were smoke screens and revenues etc either fake or highly exaggerated...I'm so glad we have posted opinion that SFIO is.."REAL".

What I don't understand is why, if they are "real", given their profits and stats...why they shouldn't be given as much or MORE benefit of the doubt as to their future growth potential, than the VAST MAJOTITY of OTC that are complete junk yet have followers only investing on the hopes of some future "breakthrouh" or unexpected "buy out or merger"

Again we get opinion on valuation using NO standard of comparison, just opinion.

Reverse split, may be Necessary at some point. But they have stated multiple times and I think most investors agree that until they're within reasonably close range of a NASDAQ uplisting, It really doesn't make any sense at this point.

Companies try to use uplistng as a carrot as a short term catalyst to temporarily boost stock price, Usually knowing full well they're not anywhere close to the standards required. At least SFIO has been honest about this situation and said it was going to take a couple of years or longer.