$SFLM Overview here:
It has been claimed that SFLM is a fully reporting SEC compliant stock.
Its not. That statement was false.
It has also been claimed that Chad McKay is the new CEO.
He is not. That statement was false.
It has also been stated that SFLM hasn't seen any dilution since the last filing in November.
There has been almost 200,000,000 shares diluted since then. That statement was false.
It has also been stated that Laden was fired because he diluted this stock down from 0.008 and blew all the dilution money instead of paying down debt
That is impossible. The CEO cant be fired by anyone, while he is holding controlling interest in the company.
Joseph Laden's single, super preferred share, votes at 80% of the issued and outstanding
common shares.
Here is the kicker.
If there are no amendments to SFLM's Article of Incorporation showing McKay as the new CEO in the next few days, there wont be enough time for him to gain access to OTC markets to file the pending annual report.
There are only two likely outcomes based on these publically verifiable facts.
Laden files the annual report himself, as the current CEO and controlling interest holder or McKay doesn't have time to gain access to OTC markets, in which case there wont be an annual financial statement filed with OTC markets.
Either way, SLFM is likely to pull a code brown very soon.
The good news is this.
SFLM shareholders have a few days before it tanks.
No bid seems inevitable, unless something changes by the end of the week.
Luckily, Y'all have a big bad bid to sell in to to avoid massive losses.
I suspect those bids will be vapor very soon.
GLTA, IMO and FWIW.
