$SKDI DD - Completely Revised February 21, 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 thinned out - links to videos retained and all interested traders are encouraged to view.
- For brevity, details of past trading day price surges under 45% prior to 4Q 2020 removed.
- Large surges over 45% prior to 4Q 2020 retained to illustrate how thin the stock is to the upside in the .01 > .15+ range
Recent Major Developments:
On October 5, 2020, $SKDI announced it had acquired high-end jewelry company SFL Maven ["SFL"] - with revenue of $11M in 2019 - in a stock-only transaction - and would be pivoting direction.
On October 8, 2020, $SKDI announced that it would be streamlining operations to drive greater focus on high value, high revenue segments.
The centerpiece of this focus will be the Company's recently acquired high-end jewelry business SFL.
The realignment in operational and strategic focus is to maximize returns on invested capital ahead.
This realignment will entail cost-savings and cash generation to support the growth of the Company going forward and will increase the ability to maximize returns with the new acquisition SFL.
As part of this realignment, Hakuna was sold as a going concern and Numuni - which failed to launch - divested.
CEO of SFL Maven became CEO of $SKDI wef October 12, 2020.
Effectively, the highly successful, beyond well-established jewelry business SFL Maven went public with the ticker symbol $SKDI.
Significant further information about the success to date of SFL and plans ahead have been given in 2 x videos to date [see links below].
$SKDI is now re-focused on a serious revenue generating business and - having divested itself of non-core businesses - is set to deliver shareholder value.
$SKDI will report millions in topline revenues in the 2020 Annual Report for the first time in its history.
The CEO has confirmed that there will be no reverse stock split and that the company has a very tight public float.
His focus will 100% be on revenue growth.
Re-branding + name change + ticker change are also planned.
On February 18, 2021, the company stated via PR that it had applied for a name change of the current ticker $SKDI to "SFLMaven" - approval expected by mid-April.
Key Points - $SKDI / SFL Maven CEO 1st Video:
Business:
- SFL Maven - sells fine luxury + estate items.
- In business 18 years on eBay.
- One of the leading sellers in business sector on eBay.
- $127M total sales to end-2019 - almost 180,000 items.
- 2019 top line revenue: $11M.
Objectives for "New" $SKDI:
- Need to increase exposure in luxury markets as a whole.
- Revamp Corporate image.
- Build out own professional on-line retail site.
- Increase $SKDI share holder trust by delivering dependable growth month after month and Q after Q.
Expectations in 2021:
- Expect increase in revenue of 30% over that of 2020.
- Achieve through increase in inventory and economic healing overall in the economy.
- Want to deliver "fantastic shareholder value".
$SKDI / SFL CEO 1st Video - PR'ed October 9, 2020 - here:
https://vimeo.com/466211275
Key Points - $SKDI / SFL Maven CEO 2nd Video:
- SFL has a proven track record over 17 complete years as a jewelry business whereas the previous $SKDI business model (now divested) was based on a technology company that would have raised money based only on ideas and hoping they worked out.
- Hired an attorney to write an Offering Statement to raise $8M - subsequently changed to $11M - in 2021 to:
-- Increase inventory to increase sales volume.
-- Have capital on hand to acquire small jewelry businesses and any large private collections of jewelry that might be offered for sale.
- Rising price of gold has affected the market "big time".
- Luxury on-line goods doing well during COVID-19:
-- People want to feel good.
-- Watches and jewelry sales both up.
$SKDI / SFL CEO 2nd Video - PR'ed November 2, 2020 - here:
https://www.youtube.com/watch?v=NP2lBMixGZ8
Public Offering
The Public Offering at .0050 to raise $11M to increase the inventory to increase sales by a target of 30% in 2021 was filed on January 28, 2021.
https://www.otcmarkets.com/filing/html?id=146...eiLHwkA1yh
Share Structure - Updated February 2, 2021:
Transfer Agent Verified.
Authorized Shares: 1,500,000,000 [85% reduction from pre- Feb 2020 figure]
Outstanding Shares: 1,080,525,173 [no change]
Restricted: 645,504,231 [no change]
Unrestricted: 435,020,942 [up 12.5M since September 11, 2020]
Note: It is only the Unrestricted Outstanding Shares count that is relevant to immediate trading. Very low at 435M for a stock in the .0045 > .1500 price range.
$SKDI is also OTC Pink Current.
https://www.otcmarkets.com/stock/SKDI/security
2020 Q3 Report - Filed November 13, 2020:
Largely irrelevant - as it is for the period ending September 30 which predates the acquisition of $11M per year revenue company SFL Maven - and Numuni was costing money without bringing any in.
We already know from the new CEO that the balance sheet will go instantly positive in Q4 by $Ms.
There were 2 unexpected additional income items ahead alluded to in Note 10 - Subsequent Events in Q4:
- Hakuna Supply was sold for $350,000.
- The funds advanced to Numuni will be converted into a long-term interest-free note for approximately $200,000.
PRs / Updates Since November 4, 2019:
Ongoing PR campaign with 58 releases already since November 4, 2019.
[only those still relevant are listed - links deleted for brevity - look up on Yahoo Finance or otcmarkets.com]
News - November 12, 2019. Sun Kissed Retires Majority of Convertible Debt with Primary Creditor.
News - April 7, 2020: Sun Kissed Industries Cleans Balance Sheet with $242,595 of Debt Forgiveness.
News - October 5. Sun Kissed Pivots Direction and Acquires 'Luxury' Enterprise with $11M in 2019 Revenue.
News - October 8. Sun Kissed Announces Streamlining to Focus on Strong Growth in High Revenue Segment.
News - October 9. Sun Kissed Introduces New CEO in MoneyTV(TM) Interview.
News - November 2. Sun Kissed CEO Outlines Ambitious Future in MoneyTV Interview with Donald Baillargeon.
News - December 15. Sun Kissed's SFL Maven Sees Strong Revenue Growth to Rise Above Challenging Year.
News - February 18. Sun Kissed Rebrands to Align with Its Highly Successful Multi-Million Dollar Online Jeweler Subsidiary, SFLMaven.
https://www.otcmarkets.com/stock/SKDI/news/st...id=1814790
Trading Patterns Observed Since November 2019:
[for brevity, the manipulation down for reloading details have been deleted - available to view in the contemporaneous record here]
Ran from .0300 > .1600 on November 7, 2019 - 433%
Ran from .0230 > .0349 on November 18, 2019 - 52%
Ran from .0084 > .0169 on November 26, 2019 - 101%
Gapped up from .0110 > .0195 then .0250 at open on December 2, 2019 - 77% / 127%
Ran from .0093 > .0150 on December 4, 2019 - 61%
Gapped up from from .0087 > .0120 on December 5, 2019 - 38%
Ran from .0046 > .0095 on December 17, 2019 - 106%
Gapped up from .0027 > .0130 on January 3, 2019 - 381%
Ran from .0042 > .0068 on January 14, 2020 - 62%
Ran from .0032 > .0065 on January 29, 2020 - 103%
Ran from .0050 > .0086 on January 30, 2020 - 72%
Ran from .0077 > .0114 on February 4, 2020 - 48%
Ran from .0074 > .0125 on February 5, 2020 - 69%
Ran from .0032 > .0056 on April 7, 2020 - 75%
Ran up from .0064 > .01 during period August 28 > September 3, 2020 - 56%
Ran from .0029 > .0048 on December 3, 2020 - 66%
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%
For 15 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 - and retreating when hit or when taken out by the regular "hail mary" buys across multiple asks.
OTC market top traders now on $SKDI for the whole 2021.
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.
OTC market top traders will not necessarily be making the hail mary moves on $SKDI every day as they need to follow the market action on several other tickers a day to take advantage of the current market to extract capital + profits from less desirable positions to then increase their holding of the "no brainer" main future tickers like $SKDI.
I and others are watching $SKDI 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.
Hail mary buys were evident again on February 19.
As with all my long-term top picks, knowing who got what where - relative to you by process of elimination - is important.
As predicted in the last 5 x DD updates, although the top traders of $SKDI already have enough shares for trading throughout 2021, now that we are in a new tax year they are already buying more at the current bottom prices to deny them to new interest and ideally get into the .01 > .0150+ range before all the known multiple catalysts ahead start playing out.
As PRs are not currently getting routed via broker platforms "News" alerts, $SKDI 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:
$SKDI was the #1 Top Profit Pick & #1 Top Actual Banked Profit Earning Stock of 2020 on my Watch List.
SFL Maven was not acquired until October 2020 - so we have not even yet had a set of financials incorporating their huge revenue in the $Ms - unheard of for most companies currently in the OTC.
$SKDI will remain the #1 Top Profit Pick on my Watch List for my 2,179 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 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 .02 > .15+ 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 $SKDI PRs have not been routed for alerts on broker platforms.
- Announcement of 2020 Q4 profits ahead of the Annual Report - probably in the 1st video of 2021.
- 2020 Annual Report filing.
- Rebranding.
- Launch of SFL's own on-line store - in addition to eBay.
- Name change - expected by mid April 2021.
- Ticker change.
- Weekly eBay sales revenues visible to all share holders on a continuous basis.
Websites / Social Media:
SFL Maven website: https://www.sflmaven.com/
SFL Maven - eBay on-line store: http://www.ebaystores.com/SFLMAVEN-ANTIQUES-JEWELRY-FINE-ART
$SKDI Social Media Links:
$SKDI Twitter: https://twitter.com/sunkissinc
SFL Maven Twitter: https://twitter.com/sflmaven
SFL Maven Instagram: https://www.instagram.com/sflmaven/?hl=en
SFL Maven Recent Sales - Update To February 19, 2021:
February 13-19: $238,091 - 265 items
February 6-12: $204,812 - 206 items
February 1-5: $220,409 - 231 items
January 1-31: $825,333 - 993 items
2021 Total to February 19: $1,488,645 - 1,489 items - average $999 per sale
2020 Q4 Total: $2,690,246 - 3,078 items - average $874 per sale
Broken down as follows:
December 1-31: $904,788 - 995 items
November 1-30: $735,981 - 940 items
October 1-31: $1,049,477 - 1,143 items
Note 1: The majority of the revenue comes in each Thursday when most auctions end.
Note 2: Since November 29 onwards, more higher price items $2,000 > $25,999 are being bought immediately at the "Buy It Now" asking price.
Note 3: Higher price inventory items already obvious too.
Note 4: December 17 sales included 2 x Rolex watches for $50,998.
Note 5: Rolex watch bought for $20,999 - "Buy It Now" asking price - as soon as it appeared on Friday January 8.
Note 6: Rolex watch bought for $18,999 - "Buy It Now" asking price - as soon as it appeared on Thursday February 4.
Note 7: Many more $5,000+ items week ending February 12 - hence higher average price of $994 per sale.
Note 8: Minimal overheads - estate items sold on eBay for 18 years - therefore high profit margins.
https://www.ebay.com/sch/i.html?_sofindtype=0...=1&rt=
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 thinned out - links to videos retained and all interested traders are encouraged to view.
- For brevity, details of past trading day price surges under 45% prior to 4Q 2020 removed.
- Large surges over 45% prior to 4Q 2020 retained to illustrate how thin the stock is to the upside in the .01 > .15+ range
Recent Major Developments:
On October 5, 2020, $SKDI announced it had acquired high-end jewelry company SFL Maven ["SFL"] - with revenue of $11M in 2019 - in a stock-only transaction - and would be pivoting direction.
On October 8, 2020, $SKDI announced that it would be streamlining operations to drive greater focus on high value, high revenue segments.
The centerpiece of this focus will be the Company's recently acquired high-end jewelry business SFL.
The realignment in operational and strategic focus is to maximize returns on invested capital ahead.
This realignment will entail cost-savings and cash generation to support the growth of the Company going forward and will increase the ability to maximize returns with the new acquisition SFL.
As part of this realignment, Hakuna was sold as a going concern and Numuni - which failed to launch - divested.
CEO of SFL Maven became CEO of $SKDI wef October 12, 2020.
Effectively, the highly successful, beyond well-established jewelry business SFL Maven went public with the ticker symbol $SKDI.
Significant further information about the success to date of SFL and plans ahead have been given in 2 x videos to date [see links below].
$SKDI is now re-focused on a serious revenue generating business and - having divested itself of non-core businesses - is set to deliver shareholder value.
$SKDI will report millions in topline revenues in the 2020 Annual Report for the first time in its history.
The CEO has confirmed that there will be no reverse stock split and that the company has a very tight public float.
His focus will 100% be on revenue growth.
Re-branding + name change + ticker change are also planned.
On February 18, 2021, the company stated via PR that it had applied for a name change of the current ticker $SKDI to "SFLMaven" - approval expected by mid-April.
Key Points - $SKDI / SFL Maven CEO 1st Video:
Business:
- SFL Maven - sells fine luxury + estate items.
- In business 18 years on eBay.
- One of the leading sellers in business sector on eBay.
- $127M total sales to end-2019 - almost 180,000 items.
- 2019 top line revenue: $11M.
Objectives for "New" $SKDI:
- Need to increase exposure in luxury markets as a whole.
- Revamp Corporate image.
- Build out own professional on-line retail site.
- Increase $SKDI share holder trust by delivering dependable growth month after month and Q after Q.
Expectations in 2021:
- Expect increase in revenue of 30% over that of 2020.
- Achieve through increase in inventory and economic healing overall in the economy.
- Want to deliver "fantastic shareholder value".
$SKDI / SFL CEO 1st Video - PR'ed October 9, 2020 - here:
https://vimeo.com/466211275
Key Points - $SKDI / SFL Maven CEO 2nd Video:
- SFL has a proven track record over 17 complete years as a jewelry business whereas the previous $SKDI business model (now divested) was based on a technology company that would have raised money based only on ideas and hoping they worked out.
- Hired an attorney to write an Offering Statement to raise $8M - subsequently changed to $11M - in 2021 to:
-- Increase inventory to increase sales volume.
-- Have capital on hand to acquire small jewelry businesses and any large private collections of jewelry that might be offered for sale.
- Rising price of gold has affected the market "big time".
- Luxury on-line goods doing well during COVID-19:
-- People want to feel good.
-- Watches and jewelry sales both up.
$SKDI / SFL CEO 2nd Video - PR'ed November 2, 2020 - here:
https://www.youtube.com/watch?v=NP2lBMixGZ8
Public Offering
The Public Offering at .0050 to raise $11M to increase the inventory to increase sales by a target of 30% in 2021 was filed on January 28, 2021.
https://www.otcmarkets.com/filing/html?id=146...eiLHwkA1yh
Share Structure - Updated February 2, 2021:
Transfer Agent Verified.
Authorized Shares: 1,500,000,000 [85% reduction from pre- Feb 2020 figure]
Outstanding Shares: 1,080,525,173 [no change]
Restricted: 645,504,231 [no change]
Unrestricted: 435,020,942 [up 12.5M since September 11, 2020]
Note: It is only the Unrestricted Outstanding Shares count that is relevant to immediate trading. Very low at 435M for a stock in the .0045 > .1500 price range.
$SKDI is also OTC Pink Current.
https://www.otcmarkets.com/stock/SKDI/security
2020 Q3 Report - Filed November 13, 2020:
Largely irrelevant - as it is for the period ending September 30 which predates the acquisition of $11M per year revenue company SFL Maven - and Numuni was costing money without bringing any in.
We already know from the new CEO that the balance sheet will go instantly positive in Q4 by $Ms.
There were 2 unexpected additional income items ahead alluded to in Note 10 - Subsequent Events in Q4:
- Hakuna Supply was sold for $350,000.
- The funds advanced to Numuni will be converted into a long-term interest-free note for approximately $200,000.
PRs / Updates Since November 4, 2019:
Ongoing PR campaign with 58 releases already since November 4, 2019.
[only those still relevant are listed - links deleted for brevity - look up on Yahoo Finance or otcmarkets.com]
News - November 12, 2019. Sun Kissed Retires Majority of Convertible Debt with Primary Creditor.
News - April 7, 2020: Sun Kissed Industries Cleans Balance Sheet with $242,595 of Debt Forgiveness.
News - October 5. Sun Kissed Pivots Direction and Acquires 'Luxury' Enterprise with $11M in 2019 Revenue.
News - October 8. Sun Kissed Announces Streamlining to Focus on Strong Growth in High Revenue Segment.
News - October 9. Sun Kissed Introduces New CEO in MoneyTV(TM) Interview.
News - November 2. Sun Kissed CEO Outlines Ambitious Future in MoneyTV Interview with Donald Baillargeon.
News - December 15. Sun Kissed's SFL Maven Sees Strong Revenue Growth to Rise Above Challenging Year.
News - February 18. Sun Kissed Rebrands to Align with Its Highly Successful Multi-Million Dollar Online Jeweler Subsidiary, SFLMaven.
https://www.otcmarkets.com/stock/SKDI/news/st...id=1814790
Trading Patterns Observed Since November 2019:
[for brevity, the manipulation down for reloading details have been deleted - available to view in the contemporaneous record here]
Ran from .0300 > .1600 on November 7, 2019 - 433%
Ran from .0230 > .0349 on November 18, 2019 - 52%
Ran from .0084 > .0169 on November 26, 2019 - 101%
Gapped up from .0110 > .0195 then .0250 at open on December 2, 2019 - 77% / 127%
Ran from .0093 > .0150 on December 4, 2019 - 61%
Gapped up from from .0087 > .0120 on December 5, 2019 - 38%
Ran from .0046 > .0095 on December 17, 2019 - 106%
Gapped up from .0027 > .0130 on January 3, 2019 - 381%
Ran from .0042 > .0068 on January 14, 2020 - 62%
Ran from .0032 > .0065 on January 29, 2020 - 103%
Ran from .0050 > .0086 on January 30, 2020 - 72%
Ran from .0077 > .0114 on February 4, 2020 - 48%
Ran from .0074 > .0125 on February 5, 2020 - 69%
Ran from .0032 > .0056 on April 7, 2020 - 75%
Ran up from .0064 > .01 during period August 28 > September 3, 2020 - 56%
Ran from .0029 > .0048 on December 3, 2020 - 66%
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%
For 15 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 - and retreating when hit or when taken out by the regular "hail mary" buys across multiple asks.
OTC market top traders now on $SKDI for the whole 2021.
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.
OTC market top traders will not necessarily be making the hail mary moves on $SKDI every day as they need to follow the market action on several other tickers a day to take advantage of the current market to extract capital + profits from less desirable positions to then increase their holding of the "no brainer" main future tickers like $SKDI.
I and others are watching $SKDI 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.
Hail mary buys were evident again on February 19.
As with all my long-term top picks, knowing who got what where - relative to you by process of elimination - is important.
As predicted in the last 5 x DD updates, although the top traders of $SKDI already have enough shares for trading throughout 2021, now that we are in a new tax year they are already buying more at the current bottom prices to deny them to new interest and ideally get into the .01 > .0150+ range before all the known multiple catalysts ahead start playing out.
As PRs are not currently getting routed via broker platforms "News" alerts, $SKDI 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:
$SKDI was the #1 Top Profit Pick & #1 Top Actual Banked Profit Earning Stock of 2020 on my Watch List.
SFL Maven was not acquired until October 2020 - so we have not even yet had a set of financials incorporating their huge revenue in the $Ms - unheard of for most companies currently in the OTC.
$SKDI will remain the #1 Top Profit Pick on my Watch List for my 2,179 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 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 .02 > .15+ 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 $SKDI PRs have not been routed for alerts on broker platforms.
- Announcement of 2020 Q4 profits ahead of the Annual Report - probably in the 1st video of 2021.
- 2020 Annual Report filing.
- Rebranding.
- Launch of SFL's own on-line store - in addition to eBay.
- Name change - expected by mid April 2021.
- Ticker change.
- Weekly eBay sales revenues visible to all share holders on a continuous basis.
Websites / Social Media:
SFL Maven website: https://www.sflmaven.com/
SFL Maven - eBay on-line store: http://www.ebaystores.com/SFLMAVEN-ANTIQUES-JEWELRY-FINE-ART
$SKDI Social Media Links:
$SKDI Twitter: https://twitter.com/sunkissinc
SFL Maven Twitter: https://twitter.com/sflmaven
SFL Maven Instagram: https://www.instagram.com/sflmaven/?hl=en
SFL Maven Recent Sales - Update To February 19, 2021:
February 13-19: $238,091 - 265 items
February 6-12: $204,812 - 206 items
February 1-5: $220,409 - 231 items
January 1-31: $825,333 - 993 items
2021 Total to February 19: $1,488,645 - 1,489 items - average $999 per sale
2020 Q4 Total: $2,690,246 - 3,078 items - average $874 per sale
Broken down as follows:
December 1-31: $904,788 - 995 items
November 1-30: $735,981 - 940 items
October 1-31: $1,049,477 - 1,143 items
Note 1: The majority of the revenue comes in each Thursday when most auctions end.
Note 2: Since November 29 onwards, more higher price items $2,000 > $25,999 are being bought immediately at the "Buy It Now" asking price.
Note 3: Higher price inventory items already obvious too.
Note 4: December 17 sales included 2 x Rolex watches for $50,998.
Note 5: Rolex watch bought for $20,999 - "Buy It Now" asking price - as soon as it appeared on Friday January 8.
Note 6: Rolex watch bought for $18,999 - "Buy It Now" asking price - as soon as it appeared on Thursday February 4.
Note 7: Many more $5,000+ items week ending February 12 - hence higher average price of $994 per sale.
Note 8: Minimal overheads - estate items sold on eBay for 18 years - therefore high profit margins.
https://www.ebay.com/sch/i.html?_sofindtype=0...=1&rt=
SFLMaven, Inc. (SFLM) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
