Starfleet Innotech Inc (SFIO)

[FUNMAN]

Read, read, read the PR's ... go back 3 years. Everything that was said was happening and promised, never materialized. Military contracts, Not!

The easiest thing is to do is invent stories, make excuses, and not deliver, all while soaking investors out of their hard earned money.

If SFIO was waiting for the FDA ruling in their favor, why wouldn't they have a gazzilion e-cigs ready for sale ... oh, that's because they were never contracted to be made and they have no money to pay for them nor to promote the product.

You should all know when you respond, I cannot get back to you until "tomorrow". For nearly a year I have been limited on this board to 1 post a day.

Someone replied yesterday when I wrote an analogy that if the company could ever make 1¢ a share they would have to net $5,000,000, and the responder said that would be great, the share price would be 15¢. My point was they would have to make $5,000,000. There is no way that's happening. If they had a 25% net profit margin, they would need $20,000,000 in sales. That's a fantastical dream. Someone else said because they have a vaporless e-cig they'll capture the entire market. Not if they have no money to produce the product and advertise it. Moreover, did anyone ever consider that people like to exhale the vapor. It gives them pleasure after taking a drag.

If this product ever gets produced, and remember they did say it was being produced two years ago, and sold through distributors, and that they were forecasting $10,000,000 in sales, it might have a market. But mark my words, SFIO will have to do a reverse split because they are out of money and need it for their pockets and if they are ever going to produce the product, they'll have to pay for it.

If they don't do the reverse split, they'll have no other income source and their story will come to an end. Trading SFIO will trickle to death if they don't do the reverse split, because they'll never ramp up sales, because they have no money to pay for the product to be manufactured nor to advertise it.

Lastly, when they do the reverse split, they will not change the authorized number of shares. They are not required to. That's how it works to their favor and they get to continue milking investors.