ceo1---As we have already discussed, the misleading info from both companies bothers me. While I would obviously have preferred MFTH follow through with a 1 cent cash dividend--cause cash is king---I am ok getting the SAFC stock if the guarantee transfers or there are other considerations.
However, I have not been able to pull the trigger on buying SAFC stock even at these low prices (at least recently) because of the press releases from both companies that, at best, walk a line between fact and fiction.
The first question is the biggest. SAFC has said multiple times that they have licensing rights to or have purchased multiple products that already have FDA approval. Do you know of from your own research that these approvals exist? I have not been able to find any proof and that includes the FDA website.
I am very leery of published share information on penny stocks.
Are you certain that the published outstanding share number is correct? What about the float?
Do you know a verified authorized share count?
Pump and Dumps has SAFC as a 4 time offender--2 times this year. Do you have any information on these events? (MFTH is listed 6 times--3 in 11 and 3 in 12)
I do like the fact that all the products they claim to have access to appear to work together to create something that is more than the sum of the parts. However, that seemed to be the case in one of the biggest P&D's of all time--spng--and I took a bath on that after having the opportunity to have gotten out making a killing right before the two managers and an attorney generated a false legal document showing 2 billion+ non-existing shares and dumped them into the market. Somehow they rebuilt the shares with B.S. press releases and I had a second chance to make some money and then they announced a reverse split--probably to try to hide all the share that didn't exist--and the shares tanked again.
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