Replies to post #7043 on SafeCode Drug Technologies Corp. (fka SAFC)

[Jerry70]

GM Just. IMO your right about the R/S anyone who has been any stock for a period of time should know that no Company does that until they get to the point of having the O/S maxed out which is not the case here and the one who came up with it being done to get the price up to the 70 cents should also know that would not be possible to deal with the agreement and has done been discussed on the Board. As for as the P & D they did that last November on the being and the price went from 18 cents to 33 cents and may have helped the Company in some way, but the last one that people on this Board really payed attention to was in April when they announced the EZject & Quickool Deal and it failed miserably. There was another one that was posted about on this Board, what about 3 weeks ago where Penny Dream are something like that sent out a news letter that did nothing! (THE ONLY) Pump that has been done with SAFC was at the .003 To .0195 and was free and the Company didnt dump shares because they didnt know it was going on, plus the flippers in SAFC didnt know it was going on. With news that person could and may push the price up very high for SAFC but it wouldnt be fair are right for me to post that Alais on this Board but i saw him push another stock from 10 cents to 31 cents and those people in that stock is still wondering what happened and its finally pulled back to 15 cents. So Just i have to agree with you on the fact that it can be a 10 Bagger but the real Question is how will that help the people that have sat at the .014 to maybe .02 and have done nothing to keep thier average down. It may not help them much and then the Big Question will be what kind of a deal will happen with the 70 cent agreement, which IMO neither MFTH are SAFC are worried about because like with everything else with the two Companies its been about selling shares and keeping SAFC O/S low for next year. Safecode will be a OTC stock next year and will still have a low O/S and can & will add to different things they will promote to be working on and a few will make money, where others will still be fussing about being in the hole. IMO the only way to be Safe with a investment in SAFC is to treat it as a investment like any other and work at keeping your Average price as close to what the price is trading at all the time and NEVER buy on the HYPE. I honestly hope everyone does good in Safecode but like all other stocks its up to the person who is investing to stay on top of what they are doing and to do thier own DD because no one else has control of your investment and if you are in the hole its because of your own doings. If i gain its mine and if i lose its still mine Lol. Good luck to all of us and that includes the winners & losers, us hope we all are on the right side!!!! GO > SAFECODE

[JoeMonte1]

I like your thinking. Great Statement!

[appalled]

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.