I'm with you in that this is a very common task of takeover. I just find it odd that they would say such a thing in an email to a penny stock investor is all. Seems kind of I-Hubby if you ask me.
And in the case of SFIO, it was about to take off when the DTCC was called up by retail brokers to protect their massive short positions. A few of us lived it.
SFIO was already a clean Company. Sales were exploding. I bought one of their e-cigs and gave it to my neighbor. He still has it. SFIO was on a roll. I can’t imagine the shell is loaded down with unconverted notes and debt. I think SFIO was about 6 months from stepping up the funding arm then it got bitched slapped. Funding was just LOIs at the time.
SFIO needs two years of past filings to do anything out of the stink pink realm. That alone is a big under taking today. But I have no doubt past management Is helping anyway they can. Roth sold off the E-cig IP to pay off any debt. I think they were thinking about the shell during to dark period..
Thomas Schroepfer Baetsen CEO owned 200mm shares. Not sure where those are today? Definetly the control block for SFIO. I can’t wait to read the next official filing for SFIO.
Trust me, no one has diluted this since the DTCC lock down. Unless Hillary got a hold of the shares the FBI held in evidence and The Clintons Foundation is about to dump those. Wouldn’t put it past those swamp creatures.
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