Trading Summary - April 1. A more than satisfac
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Posted On: 04/01/2022 4:27:12 PM
Trading Summary - April 1.
A more than satisfactory status quo day with upward movement and all trades within the 25% percentile under .0050 of the .02+ anticipated in 2022.
With a PR today on the excellent 2021 results which close followers already knew from the Annual Report, more new interest and former bid sitters committed to buying on the ask at .0011 + .0012 (rather than the mostly .0010 and .0011 yesterday).
At the open, MM OTCX signalled by moving up to .0012 and in early trading all original .0011 and .0012 were bought out rapidly and the .0013s were up. However, amateurs had stacked too much on the ask at once (30M) and so many low level flippers not committed to the stock long term took profits on walked down asks at .0011.
Bid at .0009 peaked at 80M+ with no significant fills and bids at .0010 were rarely filled.
By the close, .0012s were going again and after day trades were cancelled only 5.7M remained.
See earlier contemporaneous posts for significant moves / trades.
As has been mentioned for months in the DD and daily Trading Summaries, it makes little difference to the OTC market top long-term continuous traders of $SFLM where they buy in the .0011 > .0050 range as they are expecting .02+ eventually - although of course any low level flipping profits will be different.
There was an 11.26M cross trade at 14:42:40 with no effect on the bid .
Overall, 132M shares were traded today. When we get the next share structure update on / around April 11, I expect to see that the volume for March 31 + April 1 will make any increase in the last 30 days insignficant in the grand scheme.
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, $283K in Week 12 and at least $324K in Week 13. The increased revenue meant that the 2022 estimated total went up to $14.5M+ - 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 $14.5M+ 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 predecessor 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 .0746.
Remember that the price difference between .0012 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0746 - 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 26 - here:
https://investorshangout.com/post/view?id=6370708
$SFLM was the #1 Top Profit Pick and #1 Top Banked Profit stock of 2021 and 2020 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.
- Update on Bitcoin activities (new additioned announced March 31).
- Acquisitions of other collectibles companies - some already in discussions.
- 2022 Q1 Report filing.
- OTCQB uplisting.
13th CEO Video here:
https://vimeo.com/673267050
14th CEO Video here:
https://vimeo.com/675954496
Key Points from 2021 Annual Report showing the excellent progress made:
https://investorshangout.com/post/view?id=6373719
Watch out for the next PR which we can expect to be on one of more of the following:
- Week 13 sales.
- March 2022 revenue - expected to be an all-time record.
- Further progress of getting the Metaverse Division earning.
The company Tweeted March 30 that it expected this weeks' revenue to be over $300K . With a higher than normal inventory for sale this week and bidding wars taking place, this transpired to be the case.
March 2022 was indeed therefore over $1.5M.
Weeks 13 revenue is at least $324K - watch out for the official company update later today - close followed by my update of 2022 Total Revenue so far.
As usual, I'll be updating the DD over the weekend.
A more than satisfactory status quo day with upward movement and all trades within the 25% percentile under .0050 of the .02+ anticipated in 2022.
With a PR today on the excellent 2021 results which close followers already knew from the Annual Report, more new interest and former bid sitters committed to buying on the ask at .0011 + .0012 (rather than the mostly .0010 and .0011 yesterday).
At the open, MM OTCX signalled by moving up to .0012 and in early trading all original .0011 and .0012 were bought out rapidly and the .0013s were up. However, amateurs had stacked too much on the ask at once (30M) and so many low level flippers not committed to the stock long term took profits on walked down asks at .0011.
Bid at .0009 peaked at 80M+ with no significant fills and bids at .0010 were rarely filled.
By the close, .0012s were going again and after day trades were cancelled only 5.7M remained.
See earlier contemporaneous posts for significant moves / trades.
As has been mentioned for months in the DD and daily Trading Summaries, it makes little difference to the OTC market top long-term continuous traders of $SFLM where they buy in the .0011 > .0050 range as they are expecting .02+ eventually - although of course any low level flipping profits will be different.
There was an 11.26M cross trade at 14:42:40 with no effect on the bid .
Overall, 132M shares were traded today. When we get the next share structure update on / around April 11, I expect to see that the volume for March 31 + April 1 will make any increase in the last 30 days insignficant in the grand scheme.
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, $283K in Week 12 and at least $324K in Week 13. The increased revenue meant that the 2022 estimated total went up to $14.5M+ - 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 $14.5M+ 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 predecessor 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 .0746.
Remember that the price difference between .0012 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0746 - 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 26 - here:
https://investorshangout.com/post/view?id=6370708
$SFLM was the #1 Top Profit Pick and #1 Top Banked Profit stock of 2021 and 2020 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.
- Update on Bitcoin activities (new additioned announced March 31).
- Acquisitions of other collectibles companies - some already in discussions.
- 2022 Q1 Report filing.
- OTCQB uplisting.
13th CEO Video here:
https://vimeo.com/673267050
14th CEO Video here:
https://vimeo.com/675954496
Key Points from 2021 Annual Report showing the excellent progress made:
https://investorshangout.com/post/view?id=6373719
Watch out for the next PR which we can expect to be on one of more of the following:
- Week 13 sales.
- March 2022 revenue - expected to be an all-time record.
- Further progress of getting the Metaverse Division earning.
The company Tweeted March 30 that it expected this weeks' revenue to be over $300K . With a higher than normal inventory for sale this week and bidding wars taking place, this transpired to be the case.
March 2022 was indeed therefore over $1.5M.
Weeks 13 revenue is at least $324K - watch out for the official company update later today - close followed by my update of 2022 Total Revenue so far.
As usual, I'll be updating the DD over the weekend.
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"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.