First, SAFC cannot renegotiate the license agreement without a willing partner. As I found SAFC through that partner, I am well versed in the company that holds the guarantee. That company is a six time P&D offender according to pumandpumps.com and is the company I said would P&D again after the guarantee is fulfilled. That company listed the initial fair market value of the 10 million shares received in the license agreement as "cash revenue" even though the shares were restricted. They heavily promoted a dividend based on the receipts from license agreement on 2 separate occasions--first as cash and then as the actual shares in SAFC divided among it's shareholders. In each case they failed to deliver the dividend AND the increased the AS and OS prior to the the ex-dividend date--giving themselves additional shares--without giving any notice until months after the ex-dividend date.
Simply put, the holder of the 10 mil shares with the guaranteed value has a clear and indisputable history of the insiders lying to the shareholders with the intent of creating significant personal gain. There is no benefit to the other company to renegotiate the guarantee without significant additional compensation, which SAFC is not in a position to provide.
Second, while SAFC (or its insiders) is currently slowly dumping without the pump. As long as the dumps are slow, a pump isn't always necessary. Remember that the pump is more about creating demand for the stock than running up the price. Also SAFC is not above a P&D. Again, according to pumsandpumps.com SAFC is a 4 time offender,all withing the last 12 months.
Finally, IMO, with the terms of the guarantee coming due along with the lack of an actual product to sell to generate revenue and approximately zero cash on hand, the company cannot be killed because it is already dead. SAFC will owe $5.2 mil on 10 mil shares guaranteed to have a PPS of .70. If the PPS of SAFC (specifically those 10 mil shares which rules out a R/S to achieve the guaranteed PPS) is not @ or above .70, SAFC must make up the difference in fair market value shares or make other similar arrangements. SAFC has nothing else to offer. It's not like SAFC can offer cash.
Given that information, it appears the only way to cover the guarantee in the license agreement is by issuing additional new shares. Using the approximate current fair market value (.002), it will take 2.6 billion shares to fulfill the terms of the guarantee. That means SAFC will be bumping the AS by more than 2.5 times AND issuing all those shares to MFT* thereby also flooding the OS. While those shares will be restricted, a 10 fold increase in the OS will destroy the PPS.
I will close out by again stating that I hope I am wrong and that SAFC is ready to unveil it's full product line. SAFC's PPS skyrockets and we all make beaucoup bucks. My experience with penny stocks has taught me it is much more likely that we all got caught in a 2 company scam where they used the interactions between the 2 in order to hide shady deals.
AI
