Trading Summary - March 17.
Another satisfactory status quo day for $SFLM today - all trades continued to be within the 25% percentile under .0050 of the .02+ anticipated in 2022.
Again, with traders failing to hit the ask aggressively enough to clear .0012 > .0015 at the open, the usual jockeying for position and trading of quotas by OTCX occurred as detailed in earlier contemporaneous posts.
Notable was a 5M buy at .0012 and later a 4.47M MM > MM transfer at .0012 at 15:59:24.
The Share Structure was updated as at March 11 with only 281.25M added to the Unrestricted Outstanding Shares count. This was not significant as 821M shares were traded over the 30-day period concerned - including 346M in just 5 of them. More importantly, it looks like at least 4 x $50K Public Offering investments were made and the increased cash flow enabled increased inventory to be acquired each week which resulted in around $400K more in revenue over the period ($256K + $319K + $298K + $362K in Weeks 7-10 compared to a norm of $200K > $230K previously). The increased revenue meant that the 2022 estimated total went up to $13.884M - thereby the small share increase has little effect on the correct price for market cap (see detail calculations in the updated DD).
We can expect asks in the .0015 to .0020 range to get back to the more normal 5M > 500K and then more usually 1M > 200K after that all the way to .01+.
Overall, 10.6M shares were traded today - almost all at .0012.
None of the asks are of any significance to hinder a quick break above .0020 towards the .01 > .02 range needed for OTCQB uplisting - and as appropriate to its $13.8M+ revenue estimate currently (even before diversification of revenue streams).
We still need to see significant buys across several asks at the open that are crucial to getting the breakout to the .01 > .02+ range started.
The facts about the Public Offering and the Share Structure are as follows (as already in the master DD updated weekly):
- 2 Billion shares have not been issued - 2 Billion shares have been offered for purchase in initial blocks of $50K / 62.5M or follow on blocks of $10K / 12.5M - as stated in the DD.
As at the latest update dated March 11, only 7 x such purchases could have been made - also in the DD.
- The previous Public Offering of 2.2 Billion only had 352.5M bought throughout 2021 and all that was most probably traded on the runs to .02.
- The last reverse split of the predecesor company $SKDI was on June 3, 2019 and is irrelevant.
- The CEO has already stated that there is no reason for a reverse split - and there clearly isn't any need for one [source: PR October 9, 2020].
- Share Structure updated March 11, 2022 and analysis here:
https://investorshangout.com/post/view?id=6361054
The correct market cap price for the anticipated revenue as income ramps up under the Collectibles Marketplace Strategy is currently .0722 (see DD for calculation).
Remember that the price difference between .0015 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0722 - apart from the additional partial profits taken on the way to the long-term target.
Every 1M bought at .0015 is worth $10.5K profit at .0120.
Every 1M bought at .0020 is worth a $10K profit at .0120 or $18K profit at .02.
Latest DD - updated March 13 - here:
https://investorshangout.com/post/view?id=6361512
$SFLM was the #1 Top Profit Pick and #1 Top Banked Profit stock of 2021 on my Watch List.
It is also my #1 Top Profit Pick for the whole of 2022.
Major catalysts ahead in 2022 are:
- Continued excellent revenue growth from the core Jewelry Division.
- Updates on the Metaverse Division.
- Updates on the NFT Division.
- Acquisitions of other collectibles companies - some already in discussions.
- 2021 Q4 / Annual Report filing.
- OTCQB uplisting.
13th CEO Video here:
https://vimeo.com/673267050
14th CEO Video here:
https://vimeo.com/675954496
Watch out for the next PR which we can expect to be on further progress of getting the Metaverse Division earning.
There are now only a maximum of only 8 trading days before the record revenue 2021 Annual Report is filed.
Another $300K+ week is expected - possibly even another record breaking one if it is over $362K.
A PR today - not alerted via all E*Trade users - had no new information for close followers.
I'll update the sales after the auction tonight.
Another satisfactory status quo day for $SFLM today - all trades continued to be within the 25% percentile under .0050 of the .02+ anticipated in 2022.
Again, with traders failing to hit the ask aggressively enough to clear .0012 > .0015 at the open, the usual jockeying for position and trading of quotas by OTCX occurred as detailed in earlier contemporaneous posts.
Notable was a 5M buy at .0012 and later a 4.47M MM > MM transfer at .0012 at 15:59:24.
The Share Structure was updated as at March 11 with only 281.25M added to the Unrestricted Outstanding Shares count. This was not significant as 821M shares were traded over the 30-day period concerned - including 346M in just 5 of them. More importantly, it looks like at least 4 x $50K Public Offering investments were made and the increased cash flow enabled increased inventory to be acquired each week which resulted in around $400K more in revenue over the period ($256K + $319K + $298K + $362K in Weeks 7-10 compared to a norm of $200K > $230K previously). The increased revenue meant that the 2022 estimated total went up to $13.884M - thereby the small share increase has little effect on the correct price for market cap (see detail calculations in the updated DD).
We can expect asks in the .0015 to .0020 range to get back to the more normal 5M > 500K and then more usually 1M > 200K after that all the way to .01+.
Overall, 10.6M shares were traded today - almost all at .0012.
None of the asks are of any significance to hinder a quick break above .0020 towards the .01 > .02 range needed for OTCQB uplisting - and as appropriate to its $13.8M+ revenue estimate currently (even before diversification of revenue streams).
We still need to see significant buys across several asks at the open that are crucial to getting the breakout to the .01 > .02+ range started.
The facts about the Public Offering and the Share Structure are as follows (as already in the master DD updated weekly):
- 2 Billion shares have not been issued - 2 Billion shares have been offered for purchase in initial blocks of $50K / 62.5M or follow on blocks of $10K / 12.5M - as stated in the DD.
As at the latest update dated March 11, only 7 x such purchases could have been made - also in the DD.
- The previous Public Offering of 2.2 Billion only had 352.5M bought throughout 2021 and all that was most probably traded on the runs to .02.
- The last reverse split of the predecesor company $SKDI was on June 3, 2019 and is irrelevant.
- The CEO has already stated that there is no reason for a reverse split - and there clearly isn't any need for one [source: PR October 9, 2020].
- Share Structure updated March 11, 2022 and analysis here:
https://investorshangout.com/post/view?id=6361054
The correct market cap price for the anticipated revenue as income ramps up under the Collectibles Marketplace Strategy is currently .0722 (see DD for calculation).
Remember that the price difference between .0015 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0722 - apart from the additional partial profits taken on the way to the long-term target.
Every 1M bought at .0015 is worth $10.5K profit at .0120.
Every 1M bought at .0020 is worth a $10K profit at .0120 or $18K profit at .02.
Latest DD - updated March 13 - here:
https://investorshangout.com/post/view?id=6361512
$SFLM was the #1 Top Profit Pick and #1 Top Banked Profit stock of 2021 on my Watch List.
It is also my #1 Top Profit Pick for the whole of 2022.
Major catalysts ahead in 2022 are:
- Continued excellent revenue growth from the core Jewelry Division.
- Updates on the Metaverse Division.
- Updates on the NFT Division.
- Acquisitions of other collectibles companies - some already in discussions.
- 2021 Q4 / Annual Report filing.
- OTCQB uplisting.
13th CEO Video here:
https://vimeo.com/673267050
14th CEO Video here:
https://vimeo.com/675954496
Watch out for the next PR which we can expect to be on further progress of getting the Metaverse Division earning.
There are now only a maximum of only 8 trading days before the record revenue 2021 Annual Report is filed.
Another $300K+ week is expected - possibly even another record breaking one if it is over $362K.
A PR today - not alerted via all E*Trade users - had no new information for close followers.
I'll update the sales after the auction tonight.
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.
