Short Summary - November 15. An excellent day f
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Posted On: 11/15/2022 4:33:13 PM
Short Summary - November 15.
An excellent day for $SFLM breaking the deadlock caused by 90M stacked at .0004 from a combination of a few 1-tick flippers who got a relatively small quantity of .0003s over the past few days + impatient people who were trying to sell for a loss + manipulators who didn't want to sell for a loss but were trying to dupe people to sell to their .0003 bid whilst bashing on amateur forums.
$SFLM is now a completely different company and has started to play out exactly as I predicted in # 4644 here:
https://investorshangout.com/post/view?id=6498136
Prior to the open, $SFLM put out the first PR of the new era:
News - November 15. SFLMaven Corp. Announces the Appointment of Chad MacKay as Chairman and CEO and Announces New Business Plan.
https://www.otcmarkets.com/stock/SFLM/news/SF...?id=380331
There was over 5M in buys at .0004 pre-market.
At the open, the previous fake ask of 90M was cancelled and the .0005s went within 10 minutes and the .0006s went and .0007s started within 30 minutes [see contemporaneous reports in earlier posts].
The initial large 50M bid at .0005 was over whacked creating an undercut ask that was rapidly bought out and the .0006s restarted.
Hod was .0007 before the .0006 bid was whacked creating an undercut ask of .0006. This was down to 41M by the close.
Overall, 532M shares were traded .0004 > .0007 - the majority at .0005 and .0006. This means 26.3% of the Unrestricted Outstanding shares count of 2,019,708,442 changed hands today.
So - in summary:
- The deadlock of having 90M stacked on the ask at .0004 was broken.
- A number of other top traders are now in $SFLM and commenting enthusiastically about future prospects.
- Peak bid was $132K
- Ahead we can expect an announcement on the divesting of SFLMaven of Florida, LLC - along with its losses off the balance sheet of the new company - perhaps as soon as between the close on Friday and before the open on Monday.
- Ahead we await confirmation whether the Metaverse store and the patent pending HoloGlow technology remains with the "new" SFLMaven Corp controlled by the new CEO and Loyal Companies, LLC.
$SFLM CEO Linkedin Profile:
https://www.linkedin.com/in/chad-mackay-2b3417156
$SFLM Loyal Companies Website: https://www.loyalcompanies.com/
Share Structure - Updated November 1, 2022
Verified Profile - updated about monthly.
Authorized Shares: 5,000,000,000 [same as in January 2020]
Outstanding Shares: 2,182,459,801
Restricted: 162,751,359
Unrestricted: 2,019,708,412
Note 1: It is only the Unrestricted Outstanding Shares count that is relevant to immediate trading. Relatively low at 2.02B for a stock in the .0006 > .25 price range.
Now we have - in effect - a new company with significant trading again I will not necessarily be doing a Short Summary every day - reserving comments for any significant moves, developments or observed manipulation attempts if bashers return.
I will not be monitoring the eBay auction results of SFLMaven of Florida, LLC anymore as this subsidiary is being divested by cob Friday.
The previous DD package is now irrelevant and I will be starting a new one as soon as there is any new substantial detail on business developments from Loyal Companies, LLC.
An excellent day for $SFLM breaking the deadlock caused by 90M stacked at .0004 from a combination of a few 1-tick flippers who got a relatively small quantity of .0003s over the past few days + impatient people who were trying to sell for a loss + manipulators who didn't want to sell for a loss but were trying to dupe people to sell to their .0003 bid whilst bashing on amateur forums.
$SFLM is now a completely different company and has started to play out exactly as I predicted in # 4644 here:
https://investorshangout.com/post/view?id=6498136
Prior to the open, $SFLM put out the first PR of the new era:
News - November 15. SFLMaven Corp. Announces the Appointment of Chad MacKay as Chairman and CEO and Announces New Business Plan.
https://www.otcmarkets.com/stock/SFLM/news/SF...?id=380331
There was over 5M in buys at .0004 pre-market.
At the open, the previous fake ask of 90M was cancelled and the .0005s went within 10 minutes and the .0006s went and .0007s started within 30 minutes [see contemporaneous reports in earlier posts].
The initial large 50M bid at .0005 was over whacked creating an undercut ask that was rapidly bought out and the .0006s restarted.
Hod was .0007 before the .0006 bid was whacked creating an undercut ask of .0006. This was down to 41M by the close.
Overall, 532M shares were traded .0004 > .0007 - the majority at .0005 and .0006. This means 26.3% of the Unrestricted Outstanding shares count of 2,019,708,442 changed hands today.
So - in summary:
- The deadlock of having 90M stacked on the ask at .0004 was broken.
- A number of other top traders are now in $SFLM and commenting enthusiastically about future prospects.
- Peak bid was $132K
- Ahead we can expect an announcement on the divesting of SFLMaven of Florida, LLC - along with its losses off the balance sheet of the new company - perhaps as soon as between the close on Friday and before the open on Monday.
- Ahead we await confirmation whether the Metaverse store and the patent pending HoloGlow technology remains with the "new" SFLMaven Corp controlled by the new CEO and Loyal Companies, LLC.
$SFLM CEO Linkedin Profile:
https://www.linkedin.com/in/chad-mackay-2b3417156
$SFLM Loyal Companies Website: https://www.loyalcompanies.com/
Share Structure - Updated November 1, 2022
Verified Profile - updated about monthly.
Authorized Shares: 5,000,000,000 [same as in January 2020]
Outstanding Shares: 2,182,459,801
Restricted: 162,751,359
Unrestricted: 2,019,708,412
Note 1: It is only the Unrestricted Outstanding Shares count that is relevant to immediate trading. Relatively low at 2.02B for a stock in the .0006 > .25 price range.
Now we have - in effect - a new company with significant trading again I will not necessarily be doing a Short Summary every day - reserving comments for any significant moves, developments or observed manipulation attempts if bashers return.
I will not be monitoring the eBay auction results of SFLMaven of Florida, LLC anymore as this subsidiary is being divested by cob Friday.
The previous DD package is now irrelevant and I will be starting a new one as soon as there is any new substantial detail on business developments from Loyal Companies, LLC.
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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.
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