Starfleet Innotech Inc (SFIO)

[kingreyes9999]

Good job pointing out the realities of SFI. So many of the pumpers can't stand reality. Dreams and empty promises that's what SFI has been all about since they launched in March '09.
And you're right about the financials, they are disgraceful and what's worse, SFI management doesn't know what a good financial presentation looks like.

The information below is copied from the SEC's website. When has SFI published any information that remotely complies with SEC reporting requirements. Forget about audited financials, I'm talking about the content of the financial presentation. I believe SFI leaves themselves wide open for a shareholder class action lawsuit for failure to comply with adequate disclosure requirements.


Form 10-K
The federal securities laws require publicly traded companies to disclose information on an ongoing basis. For example, domestic issuers (other than small business issuers) must submit annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K for a number of specified events and must comply with a variety of other disclosure requirements.

The annual report on Form 10-K provides a comprehensive overview of the company's business and financial condition and includes audited financial statements. Although similarly named, the annual report on Form 10-K is distinct from the “annual report to shareholders,” which a company must send to its shareholders when it holds an annual meeting to elect directors