Trading Summary - March 25.
A satisfactory status quo day today with all trades within the 25% percentile under .0050 of the .02+ anticipated in 2022 from some minor jockeying for position among a few small holders / new buyers.
With people failing to hit the ask at the open at .0013 - there were a couple of other Watch List movers ($DGWR $INQD) that some needed to add "just-in-time" before anticipated runs which diverted attention - flippers added 7M back on .0013 - then walked some of that down to .0012.
Although $31K was bid at .0010 - continued failure to hit the ask led to OTCX walking down from .0013 > .0011 to get his quote using wash / T-trades - 4.315M printed late just after the close.
Overall, 26M shares were traded today.
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
The company had the following update today on the Metaverse Division:
https://investorshangout.com/post/view?id=6369962
Watch out for the next PR which we can expect to either be on the further progress of getting the Metaverse Division earning or the excellent sales again in Week 12.
There are now only a maximum of only 3 trading days before the record revenue 2021 Annual Report is filed.
Sales for Week 12 are at least $228K so - with a 5th auction still to come - sales for March will be in the $1.35M > $1.4M+ range.
Watch out for the company update on Week 12 sales imminently - followed by my update on 2022 total revenue for Weeks 1-12.
I'll also be updating the DD over the weekend as usual.
A satisfactory status quo day today with all trades within the 25% percentile under .0050 of the .02+ anticipated in 2022 from some minor jockeying for position among a few small holders / new buyers.
With people failing to hit the ask at the open at .0013 - there were a couple of other Watch List movers ($DGWR $INQD) that some needed to add "just-in-time" before anticipated runs which diverted attention - flippers added 7M back on .0013 - then walked some of that down to .0012.
Although $31K was bid at .0010 - continued failure to hit the ask led to OTCX walking down from .0013 > .0011 to get his quote using wash / T-trades - 4.315M printed late just after the close.
Overall, 26M shares were traded today.
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
The company had the following update today on the Metaverse Division:
https://investorshangout.com/post/view?id=6369962
Watch out for the next PR which we can expect to either be on the further progress of getting the Metaverse Division earning or the excellent sales again in Week 12.
There are now only a maximum of only 3 trading days before the record revenue 2021 Annual Report is filed.
Sales for Week 12 are at least $228K so - with a 5th auction still to come - sales for March will be in the $1.35M > $1.4M+ range.
Watch out for the company update on Week 12 sales imminently - followed by my update on 2022 total revenue for Weeks 1-12.
I'll also be updating the DD over the weekend as usual.
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.
