Starfleet Innotech Inc (SFIO)

[FluffyLogic]

This lock lasting the whole trading week does not bode well for this extremely over valued company. The only encouraging news is that they still seem to be willing to sell product via their website, but there are grandmas selling sock puppets via web sites and well... They don't have market caps in the millions.

Sure, sure, I know I am comparing usb chargers to yarn, but keep in mind the grandmas also don't have a DTC lock and a founder who is a felon convicted of fraud. Okay, okay, I suppose if you looked hard enough some of them have cheated at bingo.

If I had to guess, and of course I am willing to, this stock is useless for longs until they start posting 10Qs. For a long there is little reason to gamble here, and even if the lock lifts buying in advance of anything is a gamble, which is best left for day traders.

Bottom line, there is ZERO support for a price on this stock being above .005 and even less is realistic based on numbers. If you are betting this is the e-cig of the future and the company will be cleared of any additional chicanery, then seeing this stock rise like a phoenix out of the fire is just day trader penny micro stock hype.

I still was working out concerns about just who the product would market to, and the fact that it seemed like a small and very shared segment of quitting smokers.

Ideally, the company will be cleared, and they fix the product so that it markets better to smokers wanting an indoor alternative. They do a few reverse splits, start reporting and PREPARE to become a real company. Just because pinks do not have to do these things, doesn't mean that if one is sincere on becoming a RE/AL company that they can't do these things in advance. In fact, ones that are legitimately trying to DO!

I guess even though they have a marginal product, I still don't trust that SFIO isn't just trying to act as a money battery. Using deceptive tactics to promote a stock they cash in and out of in order to fund their luxury homes, cars, and vacations. I mean, I have begun to feel that I am dealing with an AMWAY-esque kind of company. Not to knock AMWAY, as it does seem to make 5 folks extremely rich, while only taking "small" amounts of cash from thousands if not millions of dreaming young adults.

This company is coming off as "slick" like that, and I for one am glad that the stock is locked. There is a vetting process that needs to be done so all the day traders can't keep screaming this is a legit company without some real and confirmed proof. I mean when 90% of those claiming to be longs have bought in and sold this stock a multitude of times, something has got to give.

Too many questions surround this stock, but hey, I stick around for the drama. So keep the SFIO soap opera going, because though I have not posted in a while, I still read this board daily. Like the sports column, or better yet the FUNNIES!

And yeah, maybe I like to stir the pot as much as the rest of you do.

Enjoy your SFIOtradeLESS weekend!