Significance of the Shareholder Protection Initiat
Post# of 6907
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As explained in the definitive DD, the Public Offering worked exactly as designed in 2021 with a 35% increase in revenue created by the cash brought in from only 352.5M of the 2.2 Billion offered which enabled additional inventory to be brough - exceeding their growth target of 30%.
We are already doing much better in 2022 with a further 59% growth in revenue from the increased cash flow which enabled more inventory to be bought in each week which has already resulted in an additional $1M+ in revenue just over the past 9 weeks.
The voluntary retirement of 300M O/S effectively cancelled out the majority of the recent increases that enabled that extra $1M to be brought in.
The company is now on track for $14.5M+ in revenue this year for just the Jewelry Division with much more expected from the new Metaverse Division, NFT Division, Bitcoin enterprises and any acquired collectibles companies under its long-term Collectibles Market Strategy.
Watch out for further reductions / actions ahead as stated in the PR.
https://www.otcmarkets.com/stock/SFLM/news/SF...?id=353426
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.