$SFLM DD - Updated April 25, 2021 [important aspects in bold] ------------------------------------------- Now that plans for 2021 stated when acquired in 4Q 2020 can be seen as being implemented and sales figures are consistent / increasing:
- Key Points from 1st and 2nd Videos section deleted - actions have either been completed or are included in other sections - links to videos retained and all interested traders are encouraged to view.
- PRs prior to the start of the new campaign on February 18, 2021 have been deleted.
- For brevity, details of runs in 2019 and 2020 of up to 433% on essentially the same share structure have been deleted - available to view in the contemporaneous record here. --------------------------------------- SFL Maven - Business
SFL Maven is a "beyond well-established" [company's description] jewelry business which has operated successfully on eBay since June 2003 - almost 18 years.
It effectively went public when acquired by the former ticker $SKDI in October 2020.
At the same time, $SKDI divested itself of Hakuna [sold as a going concern for $350K] and Numuni [which will now repay monies advanced to it in a note to $SFLM for $200K].
CEO of SFL Maven became CEO of $SKDI wef October 12, 2020.
Significant further information about the success to date of SFL Maven and plans ahead have been given in 3 x videos to date [see links below].
The CEO has confirmed that there will be no reverse stock split and that the company has a very tight public float.
On February 18, 2021, the company stated via PR that it had applied for a name change of the current ticker $SKDI to "SFLMaven" and a ticker change - approval was expected by mid-April but was completed over 2 weeks early.
The name "SFLMaven" and ticker $SFLM came into effect March 30, 2021.
The name and ticker change went through extremely quickly as FINRA requested all filings going right the way back to initial incorporation in 1980 and the company's very professional back office was able to provide it within 30 minutes ! [source: 3rd video]
Re-branding + adding their own branded sales site - in addition to the highly successful eBay store with its "Famous Thursday Night Auction" - also planned.
$SFLM is now re-focused on a serious revenue generating business and - having divested itself of non-core businesses - is set to deliver shareholder value.
The "Famous Thursday Night Auction" attracts a large repeat business clientele - many of whom watch for entertainment - and also concentrates customers outbidding each other in the same time band every week [source: 3rd video].
SFL Maven has concentrated on jewelry ever since gold prices started to rise in 2005 as it is easier and cheaper to ship with no damage risk compared to china and framed art [source: 3rd video]
SFL Maven has now retained a professional Investor Relations company [source: 3rd video] ---------------------------------------------------- SFL Maven - Business Description Extracts [source: 2020 Annual Report]
"SFL Maven, Inc. is one the world’s largest online marketplaces for authenticated, luxury goods."
"The Company is revolutionizing luxury resale by providing an end-to-end service that unlocks supply from luxury good sellers and creates a trusted, curated online marketplace for buyers globally."
"Over the past seventeen years, the Company has cultivated a loyal and engaged seller and buyer base through continuous investment in our logistics infrastructure and relationship development."
"We aggregate and curate unique, pre-owned luxury supply across multiple categories, including women’s, men’s and children’s jewelry and watches."
"We have built a vibrant online marketplace that is hosted on eBay. We believe our platform expands the overall luxury market, promotes the recirculation of luxury goods and contributes to a more sustainable world." ------------------------------------- Future Intent
- Revamp Corporate image.
- Increase exposure in luxury markets as a whole.
- Increase inventory to increase sales volume.
- Increase in revenue of 30% in 2021 over that of 2020.
- Build out own professional on-line retail site - already being worked on [source: 3rd video].
- Start holding investor events again as soon as permitted [source: 3rd video]
- Increase shareholder trust by delivering dependable growth month after month and Q after Q.
$SFLM wants to have capital on hand to acquire small jewelry businesses and any large private collections of jewelry that might be offered for sale [source: 2nd video]. ----------------------------------------- Share Structure - Updated April 3, 2021
Transfer Agent Verified.
Authorized Shares: 1,500,000,000 [85% reduction from pre- Feb 2020 figure]
Outstanding Shares: 1,200,525,173 [only up 132.5M in 7 months since September 2020]
Restricted: 645,504,231 [no change]
Unrestricted: 555,020,942 [only up 132.5M in 7 months since September 2020]
Note 1: It is only the Unrestricted Outstanding Shares count that is relevant to immediate trading. Very low at 555M for a stock in the .01 > .15 price range.
Note 2: The 132.5M increase in the Unrestricted Outstanding Shares count in 7 months is insignificant - it traded over 65M in just 2 days on March 3-4, 2021, 30M on March 18, 365M on March 24, 57M on March 25, 99M on March 29, 28M on April 1 and 136M on April 5-9 alone. ---------------------------------------------- $SFLM is also OTC Pink Current.
News - March 29. Sun Kissed Industries, Inc. Receives Approval for Name and Symbol Change to "SFLMaven, Inc.", with Symbol "SFLM" Becoming Effective After Market on Monday, March 29th, 2021.
News - April 21. SFLMaven Announces Strong eBay Auction Sales of $233,000 for Week Ended April 15th.
Continued Famous Thursday Night Auction Success, Driven by Differentiated Jewelry Inventory, Drives Strong Sales and a Robust 7.9 Million Listing Impressions for the Week.
Started breakout from .0038 (previous close) to .0050 on January 6, 2021
Ran from .0052 > .0064 on February 9 - 23%
Ran from .0062 > .0080 on February 10 - 29%
Ran from . 0073 > .0091 on just 1.3M in consecutive buys in a few minutes on February 11 - 25%
Ran from .0070 > .0088 on February 18 - 26%
Ran from 0076 > .0091 on March 3 - 20%
Ran to from .0084 > .0094 (then new 2021 high) on March 18 on just a few hail 1.5M mary buys in quick succession.
Ran from .0086 (previous close) > .0197 (then new 2021 high) on March 24 - 129%
Ran from .0092 (previous close) > .0169 on March 29 on just under 99M traded - 84%
Ran from .0169 (previous close) to .0200 (new 2021 high) on March 30 - 18%
Ran from .0127 (previous close) > .0160 on April 1 on just 28M traded - 26%
Ran from .0098 (previous close) > .0119 on April 8 - 21%
Ran from .0070 > .0087 on April 22 - 24%
For 18 months there have been hold back attempts from manipulator(s) with undercut asks put up daily as a loading wall attempt - walked down whenever the ask is not hit aggressively enough at the open - and retreating when hit or when taken out by the regular 1M+ "hail mary" buys across multiple asks.
OTC market top traders now on $SFLM for the whole 2021.
Over the past several weeks, more traders have been willing to hit the ask above hold back attempts to get surge moves and also outbid the top bidding MM repeatedly to see if he moves up.
I and others are watching $SFLM at all times and those that try walking asks down are likely to get taken out by large buys - as happened with the breakout above .0055 on February 9 and several occasions since.
On March 24, 3 x hail mary buys of around 1.5M took out loading walls in the .0089 > .0090, .0095 > .0098 and .0099 > .0100 ranges and a probable short squeeze to .0197 followed. For about 2 hours, there were multiple hold back attempts occurring - at times with buys in the .0165 > .0197 being recorded in Level 2 listings while the first ask shown was up to .0050 less. The size of many of the buys were top tier trader / institutional level in size - $10K > $50K per transaction - including in the .0165 > .0197 range over several minutes - for a total of 365M.
As with all my long-term top picks, knowing who got what where - relative to you by process of elimination - is important.
As PRs are not currently getting routed via broker platforms "News" alerts, $SFLM long-term continual position traders search manually daily and are likely to be the first to get all the future runs started without warning. -------------------------------------------- Performance & Outlook
$SFLM [as $SKDI] was the #1 Top Profit Pick & #1 Top Actual Banked Profit Earning Stock of 2020 on my Watch List.
SFL Maven is already exceeding it's target of 30% revenue growth in 2021 compared to 2020.
$SFLM will remain the #1 Top Profit Pick on my Watch List for my 2,408 followers throughout 2021 for self-evident reasons.
Continued large profit trading opportunities are anticipated ahead throughout 2021 for those who maintain a large inventory of shares at various price points and - in addition to trading on significant surges - I will be keeping "converted to free" shares for the foreseeable future for growth over time.
Cancel any left over ask sell orders at close to get the maximum gap up at each open.
Expect .0250 > .1500+ at some point in 2021 as the following catalysts play out:
- Awareness in the wider trading / investing community of the proven success and future potential of SFL - to date $SFLM PRs have not been routed for alerts on broker platforms.
- Weekly eBay sales revenues visible to all share holders on a continuous basis.
- Weekly updates from the company.
- Rebranding.
- Launch of SFL's own on-line store - in addition to eBay. ------------------------------------------------ Websites / Social Media
Note 4: Many more $3,000+ items being bought at "Buy It Now" price before the auction from February 2021 onwards now that daily marketing via Twitter being used.
Note 5: Q4 is always the best quarter due to Christmas Holiday buying.
Note 6: Estate items sold on eBay for almost 18 years.
Note 7: Revenue April 1-23 - with a full week still to go - already exceeds whole month for each of January, February and March.