Trading Summary - March 23.
More progress today for $SFLM - despite there also being news on multiple Watch List tickers $ENZC $BRGO $IJJP and upward move action on #2 top pick $PSRU.
The .0011 ask of 9M was bought out in early trading followed by a 5M hail mary buy .0012 + .0013.
MM OTCX retreated to .0013 and stayed there for the rest of the session.
Low-level flippers who had got .0010 + .0011 over the past few days then kept topping up the .0012 ask all day because people failed to hit the relatively small ask of 9M at .0013 on its initial uptick.
There was an 11M cross trade at .0011 at 15:34:41.
By the close there was only 1M left at .0012.
All trades continued to be within the 25% percentile under .0050 of the .02+ anticipated in 2022.
Overall, 54.8M shares were traded today - the majority at .0012 ask.
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) and $355K in Week 11. The increased revenue meant that the 2022 estimated total went up to $14.3M - 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+.
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 $14.3M 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 .0744.
Remember that the price difference between .0015 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0744 - 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 20 - here:
https://investorshangout.com/post/view?id=6366559
$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 the further progress of getting the Metaverse Division earning.
There are now only a maximum of only 5 trading days before the record revenue 2021 Annual Report is filed.
There are 2 x auctions left in March - expected to bring in another $320K > $500K - for a total in the $1.2M > $1.4M range.
More progress today for $SFLM - despite there also being news on multiple Watch List tickers $ENZC $BRGO $IJJP and upward move action on #2 top pick $PSRU.
The .0011 ask of 9M was bought out in early trading followed by a 5M hail mary buy .0012 + .0013.
MM OTCX retreated to .0013 and stayed there for the rest of the session.
Low-level flippers who had got .0010 + .0011 over the past few days then kept topping up the .0012 ask all day because people failed to hit the relatively small ask of 9M at .0013 on its initial uptick.
There was an 11M cross trade at .0011 at 15:34:41.
By the close there was only 1M left at .0012.
All trades continued to be within the 25% percentile under .0050 of the .02+ anticipated in 2022.
Overall, 54.8M shares were traded today - the majority at .0012 ask.
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) and $355K in Week 11. The increased revenue meant that the 2022 estimated total went up to $14.3M - 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+.
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 $14.3M 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 .0744.
Remember that the price difference between .0015 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0744 - 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 20 - here:
https://investorshangout.com/post/view?id=6366559
$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 the further progress of getting the Metaverse Division earning.
There are now only a maximum of only 5 trading days before the record revenue 2021 Annual Report is filed.
There are 2 x auctions left in March - expected to bring in another $320K > $500K - for a total in the $1.2M > $1.4M range.
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.
