Trading Summary - April 8.
A satisfactory status quo day - with all trades within the 25% percentile under .0050 of the .02+ anticipated in 2022.
Before the open we got a PR confirming that March was a record month - I'll put Key Points in the next DD update - and a great new Corporate Video.
Prior to the open, MM OTCX moved up to .0012 which became the new ask.
At the open there was only 3.4M there initially but - as traders failed to hit the .0013s aggressively - more .0012s were added.
See contemporaneous earlier posts showing when the .0012s were bought out and MM OTCX moved up to .0013 but yet again morons stacked way too much at .0013.
For the rest of the day, additional buying was possible at .0011 and .0012.
Nobody got any significant amount at .0010.
Peak bids were 74M at .0010 (same as yesterday) and 26M at .0011.
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 we are expecting .02+ eventually - although of course any low level flipping profits will be different.
If people fail to hit the ask aggressively across multiple tickes at the open, legacy debt holders will sell and Public Offering investors will continue to convert a portion of their holdings to free at current levels.
Overall, 72M shares were traded today - the majority at .0012.
The Share Structure was updated as at March 31, 2022.
Only 93.75M shares were added March 12 > March 31. This is not significant to the top continuous traders of $SFLM as 997M shares have been traded during the period and since.
The increased cash available from the Public Offering over the past 7 weeks has enabled a much bigger inventory to be bought for sale each week which has now resulted in over $700K more in revenue over the period [$298K + $319K + $256K + $362K + $355K + $283K + $353K = $2.226M - average over $318K per week compared to an average of $192K per week in 2021. This represents 65% growth so far in 2022 on top of 35% already achieved in 2021.
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+.
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 additional 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 31, only 8 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 31:
-- The O/S went up by 93.75M during the period March 12 > March 31.
-- Floats are rarely updated in the OTC and it is therefore the Unrestricted O/S which is the worst case relevant to current trading.
-- All that has happened is the the figure shown for the Float as at March 31 is now aligned with current Unrestricted O/S: 1,306,270,942 (as at March 11) + 93,750,000 = 1,400,020,942.
The correct market cap price for the anticipated revenue as income ramps up under the Collectibles Marketplace Strategy is now .0727 (was .0746 last week before the increase).
Remember that the price difference between .0012 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0727 - 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 April 3, 2022 - here:
https://investorshangout.com/post/view?id=6376200
$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.
- Updates 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
Corporate Video here:
https://twitter.com/i/status/1512415744105099269
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 or more of the following:
- 2022 Q1 revenue of $3.661M - probably 40%+ up on 2021 Q1.
- Further progress of getting the Metaverse Division earning.
- Attendence at the Miami Bitcoin Conference.
Watch out for the Week 14 revenue figures from the company this afternoon - then an update to the 2022 total revenue from me shortly afterwards.
I'll also be updating the DD this weekend (probably on Sunday).
A satisfactory status quo day - with all trades within the 25% percentile under .0050 of the .02+ anticipated in 2022.
Before the open we got a PR confirming that March was a record month - I'll put Key Points in the next DD update - and a great new Corporate Video.
Prior to the open, MM OTCX moved up to .0012 which became the new ask.
At the open there was only 3.4M there initially but - as traders failed to hit the .0013s aggressively - more .0012s were added.
See contemporaneous earlier posts showing when the .0012s were bought out and MM OTCX moved up to .0013 but yet again morons stacked way too much at .0013.
For the rest of the day, additional buying was possible at .0011 and .0012.
Nobody got any significant amount at .0010.
Peak bids were 74M at .0010 (same as yesterday) and 26M at .0011.
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 we are expecting .02+ eventually - although of course any low level flipping profits will be different.
If people fail to hit the ask aggressively across multiple tickes at the open, legacy debt holders will sell and Public Offering investors will continue to convert a portion of their holdings to free at current levels.
Overall, 72M shares were traded today - the majority at .0012.
The Share Structure was updated as at March 31, 2022.
Only 93.75M shares were added March 12 > March 31. This is not significant to the top continuous traders of $SFLM as 997M shares have been traded during the period and since.
The increased cash available from the Public Offering over the past 7 weeks has enabled a much bigger inventory to be bought for sale each week which has now resulted in over $700K more in revenue over the period [$298K + $319K + $256K + $362K + $355K + $283K + $353K = $2.226M - average over $318K per week compared to an average of $192K per week in 2021. This represents 65% growth so far in 2022 on top of 35% already achieved in 2021.
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+.
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 additional 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 31, only 8 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 31:
-- The O/S went up by 93.75M during the period March 12 > March 31.
-- Floats are rarely updated in the OTC and it is therefore the Unrestricted O/S which is the worst case relevant to current trading.
-- All that has happened is the the figure shown for the Float as at March 31 is now aligned with current Unrestricted O/S: 1,306,270,942 (as at March 11) + 93,750,000 = 1,400,020,942.
The correct market cap price for the anticipated revenue as income ramps up under the Collectibles Marketplace Strategy is now .0727 (was .0746 last week before the increase).
Remember that the price difference between .0012 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0727 - 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 April 3, 2022 - here:
https://investorshangout.com/post/view?id=6376200
$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.
- Updates 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
Corporate Video here:
https://twitter.com/i/status/1512415744105099269
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 or more of the following:
- 2022 Q1 revenue of $3.661M - probably 40%+ up on 2021 Q1.
- Further progress of getting the Metaverse Division earning.
- Attendence at the Miami Bitcoin Conference.
Watch out for the Week 14 revenue figures from the company this afternoon - then an update to the 2022 total revenue from me shortly afterwards.
I'll also be updating the DD this weekend (probably on Sunday).
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.
