$SFLM Overview - As At March 1, 2023
Backstory
- From October 2020 to November 2022, SFLMaven Corp - ticker $SFLM [formerly $SKDI to March 2021] - comprised only the wholly owned subsidiary SFLMaven of Florida, LLC - a Top Rated eBay seller of jewelry in business for 19+ years.
- Despite SFLMaven of Florida, LLC increasing gross revenue by 35% in 2021 over 2020 - and being on track for a further 15%>20% increase in 2022, it was still operating at a net loss in 2022 Q3 after taking into account large past adjustments for eBay seller's fees in earlier backdated periods.
- In Summer 2022, $SFLM opened a Metaverse store, started to create a collection of NFT items for sale and filed a provisional patent for its "HoloGlow" technology - a ground-breaking technology that allows NFT’s to have a graphical interface that tells others the NFT has significant value [source: PR dated July 26, 2022].
"New" SFLMaven Corp [$SFLM] - Effective November 15, 2022 Onwards
On November 15, 2022, it was PR'ed that:
- Chad MacKay had been appointed as Chairman and CEO of SFLMaven Corp [replacing Joe Ladin].
- He will oversee the launch of the Company’s new business plan that focuses on acquisitions or technology licensing opportunities.
- The Company will focus on identifying companies and/or technologies that could be impactful in their respective industries.
- Chad MacKay is the co-founder and managing partner of Loyal Companies, a private equity firm focusing on mergers and acquisitions.
- The Company’s previous Chairman and CEO, Joseph Ladin, resigned as Chairman and CEO as part of these changes.
- SFLMaven Corp has decided to divest of its operating subsidiary, SFLMaven of Florida, LLC.
- It has not yet been stated whether the Metaverse store and/or the patent pending "HoloGlow" technology is included in the divestiture transaction.
$SFLM CEO - Chad MacKay
- Prior to joining Loyal Companies, Chad MacKay was founder and managing partner of Kai Data Companies.
- He has been actively involved as a director with other companies and organizations. Among the boards on which he serves currently and in the past are: Loyal Companies, Revvu, Cumulus, Cumulus Advanced Technologies, Kai Data, Vulcan7, Espresso Agent, Team Leads, Bear River Management Group, Kai Insurance, Synergy Holdings, RAD, Loyal Technologies, Trustee for Chase N' Heaven and Brother's Keeper.
- In the November 15, 2022 PR he stated:
- “I am very excited to become a part of SFLMaven Corp as the Company’s Chairman and CEO."
- "I have been in private equity for the past 15 years and have done a lot of exciting deals."
- "Our team has built an impressive deal flow of prospects that could be acquired or technology that could be licensed by SFLM.”
- “Our goal will be to add acquisitions and/or licensing agreements to technologies that we believe will be accretive to the Company and our Shareholders. For example, we are working with one credible University on some amazing technologies in the lithium mining industry that could be really important to the future of electric batteries."
- "Where it makes sense to focus on specific verticals, we will. If we find Companies that could benefit by being a part of the SFLM family of companies we will evaluate those.
- "We have an aggressive team and look forward providing more detailed updates in the near future.”
$SFLM CEO Linkedin Profile:
https://www.linkedin.com/in/chad-mackay-2b3417156
$SFLM New CEO Confirmed
"Chad MacKay - Chairman & Chief Executive Officer at SFLMaven" - updated November 28, 2022
https://www.zoominfo.com/p/Chad-Mackay/1607067409
Loyal Companies website: https://www.loyalcompanies.com/
Previous $SFLM CEO Linkedin Profile:
Note CEO end date of November 2022 - as expected.
https://www.linkedin.com/in/joseph-ladin-958720223/
"New" $SFLM PRs Since November 15, 2022
Ongoing PR campaign with 1 release to date.
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
Share Structure - Updated March 1, 2023
Verified Profile - updated at least monthly.
Authorized Shares: 5,000,000,000 [same as in January 2020]
Outstanding Shares: 2,238,709,801 [no change]
Restricted: 219,001,359 [no change]
Unrestricted: 2,019,708,442 [no change]
Note1: It is only the Unrestricted Outstanding Shares count that is relevant to immediate trading. This is relatively low at 2.02B for a stock in the .0005 > .25 price range.
Note 2: There has now been no change to the Unrestricted Outstanding Shares November 2 > March 1 - total 120 days.
Trading Patterns - Previous Business Model - 2021 > November 14, 2022
Note 1: Details of runs in 2019 and 2020 of up to 433% have been deleted - still available to view in the contemporaneous record here.
Note 2: Now that we are expecting runs of 1000% > 2000% in 2023 from current levels, details of 8 x runs less than 84% in 2021 prior to the main move up have been deleted .
2021
Started breakout from .0038 (previous close) > .0050 on January 6, 2021
Ran from .0052 > .0064 on February 9 - 23%
Ran from .0062 > .0080 on February 10 - 29%
Ran from .0073 > .0091 on February 11 - 25%
Ran from .0070 > .0088 on February 18 - 26%
Ran from .0076 > .0091 on March 3 - 20%
Ran from .0086 (previous close) > .0197 (then new 2021 high) on March 24 - 129%
Ran from .0092 (previous close) > .0169 on March 29 on just under 99M traded - 84%
Ran from .0169 (previous close) > .0200 (new 2021 high) on March 30 - 18%
Ran from .0127 (previous close) > .0160 on April 1 on just 28M traded - 26%
Ran from .0098 (previous close ) > .0119 on April 8 - 21%
Ran from .0060 (previous close) > .0117 on July 15 - 95%
Ran from .0018 (days prior) > .0030 by December 14 - 66%
2022
Ran from .0018 > .0024 on February 4 - 33%
Ran from .0008 > .0014 by March 7+8 - 75%
Ran from .0008 (previous close ask) > .0011 on April 22 - 37.5%
Ran from .0009 (previous close ask) > .0012 on April 27 - 33%
Ran from .0007 (available previously) > .0012 on September 7 - 71%
Ran from .0005 (previous close) > .0007 on September 30 - 40%
Trading Patterns - New Business Model - November 15, 2022 Onwards
Breakout started from .0004 > .0007 on November 15 - 75%
Breakout continued from .0007 > .0010 on November 18 - 43%
Having not yet had the first update of 2023, $SFLM was lightly traded and hence went down a few ticks due to a few impatient small holders selling to bidders buying - and suspected manipulation by a few disinformation merchants - until February 15, 2023.
On February 16, 2023 we started to see large buys taking out any .0004 ask - largest buy was 50M - $20K - and total loading of 132M at .0004 + .0005.
Similarly, on February 17, 2023 , we saw any .0004s walked down taken out - including buys of 26M + 9M - $14K - and a large peak bid of 202M at .0003 - $60K+ of which a peak of 32M - $12K+ - was moved up to .0004.
On March 1, 2023, we saw a peak of 97M of the bid move up to .0004 - $39K - and 10.5M of the remaining .0005s bought up.
Expect a dramatic move up anytime we get sufficiently large buys set across several successive asks - as happened on November 15 and November 18.
Given the increased awareness of the start of the breakout on February 16, and 2022 tax refunds coming through soon, we might well see significant additional buying under .0020 over the next few weeks.
We should get past any remaining mass 1-tick flippers by .0010 and be back to a more normal few M per .0001 from .0011 > .0020 then much thinner still after that all the way to the .01>.02+ range IMO.
As with all my long-term top picks, knowing who got what where - relative to you by process of elimination - is important when deciding the ratio of shares to keep long-term vs locking in partial profits at peaks in the .01 > .02+ range - as is patience - this is a long-term play throughout 2023.
Performance & Outlook
$SFLM will remain a potential top profit pick for me throughout 2023 for self-evident reasons in this Overview.
Performance in each year 2020 > 2022 has shown that it pays to be ready at all times for surges with tradeable lots from multiple price points - not just trying to get the cheapest of the year and stretch them..
Continued large profit trading opportunities are anticipated ahead throughout 2023 and future years for those who maintain a large inventory of shares at a variety of price points. Having plenty of shares - you don't need the cheapest - avoids the need to chase every time it runs.
With some OTC tickers now adding 10 Billion - even 50 Billion - shares per update, $SFLM remains one of the thinnest sub .02 tickers in the OTC with an immediately tradeable Unrestricted Outstanding shares count of only 2.019 Billion unchanged for 120 days as at March 1, 2023.
Cancel any left over ask sell orders at close to get the maximum gap up at each open.
Expect .02+ at some point ahead in 2023 / later years as the following catalysts play out:
- 2022 Annual Report - anticipating details of new business direction, removal of losses of divested SFL Maven of Florida, LLC from the balance sheet and addition of consideration for the sale.
- Clarification whether the Metaverse store is being retained by $SFLM.
- Clarification whether the patent pending "HoloGlow" technology is being retained by $SFLM.
- Updates on the "impressive deal flow of prospects that could be acquired or technology that could be licensed by SFLM” [source: PR November 15, 2022]
- Updates on the lithium mining initiative for batteries.
- Updates on acquisitions.
- Clarification whether uplisting to OTCQB (requiring a sustained .01 bid) or NASDAQ is still planned.
- Possible name change.
- Possible ticker change.
Not a financial advisor - just stating what I'm basing my trading decisions on.
I will be holding some $SFLM in my portfolio throughout 2023 for long-term growth, trading some on surges from the bottom up too and reloading on any dips.
Backstory
- From October 2020 to November 2022, SFLMaven Corp - ticker $SFLM [formerly $SKDI to March 2021] - comprised only the wholly owned subsidiary SFLMaven of Florida, LLC - a Top Rated eBay seller of jewelry in business for 19+ years.
- Despite SFLMaven of Florida, LLC increasing gross revenue by 35% in 2021 over 2020 - and being on track for a further 15%>20% increase in 2022, it was still operating at a net loss in 2022 Q3 after taking into account large past adjustments for eBay seller's fees in earlier backdated periods.
- In Summer 2022, $SFLM opened a Metaverse store, started to create a collection of NFT items for sale and filed a provisional patent for its "HoloGlow" technology - a ground-breaking technology that allows NFT’s to have a graphical interface that tells others the NFT has significant value [source: PR dated July 26, 2022].
"New" SFLMaven Corp [$SFLM] - Effective November 15, 2022 Onwards
On November 15, 2022, it was PR'ed that:
- Chad MacKay had been appointed as Chairman and CEO of SFLMaven Corp [replacing Joe Ladin].
- He will oversee the launch of the Company’s new business plan that focuses on acquisitions or technology licensing opportunities.
- The Company will focus on identifying companies and/or technologies that could be impactful in their respective industries.
- Chad MacKay is the co-founder and managing partner of Loyal Companies, a private equity firm focusing on mergers and acquisitions.
- The Company’s previous Chairman and CEO, Joseph Ladin, resigned as Chairman and CEO as part of these changes.
- SFLMaven Corp has decided to divest of its operating subsidiary, SFLMaven of Florida, LLC.
- It has not yet been stated whether the Metaverse store and/or the patent pending "HoloGlow" technology is included in the divestiture transaction.
$SFLM CEO - Chad MacKay
- Prior to joining Loyal Companies, Chad MacKay was founder and managing partner of Kai Data Companies.
- He has been actively involved as a director with other companies and organizations. Among the boards on which he serves currently and in the past are: Loyal Companies, Revvu, Cumulus, Cumulus Advanced Technologies, Kai Data, Vulcan7, Espresso Agent, Team Leads, Bear River Management Group, Kai Insurance, Synergy Holdings, RAD, Loyal Technologies, Trustee for Chase N' Heaven and Brother's Keeper.
- In the November 15, 2022 PR he stated:
- “I am very excited to become a part of SFLMaven Corp as the Company’s Chairman and CEO."
- "I have been in private equity for the past 15 years and have done a lot of exciting deals."
- "Our team has built an impressive deal flow of prospects that could be acquired or technology that could be licensed by SFLM.”
- “Our goal will be to add acquisitions and/or licensing agreements to technologies that we believe will be accretive to the Company and our Shareholders. For example, we are working with one credible University on some amazing technologies in the lithium mining industry that could be really important to the future of electric batteries."
- "Where it makes sense to focus on specific verticals, we will. If we find Companies that could benefit by being a part of the SFLM family of companies we will evaluate those.
- "We have an aggressive team and look forward providing more detailed updates in the near future.”
$SFLM CEO Linkedin Profile:
https://www.linkedin.com/in/chad-mackay-2b3417156
$SFLM New CEO Confirmed
"Chad MacKay - Chairman & Chief Executive Officer at SFLMaven" - updated November 28, 2022
https://www.zoominfo.com/p/Chad-Mackay/1607067409
Loyal Companies website: https://www.loyalcompanies.com/
Previous $SFLM CEO Linkedin Profile:
Note CEO end date of November 2022 - as expected.
https://www.linkedin.com/in/joseph-ladin-958720223/
"New" $SFLM PRs Since November 15, 2022
Ongoing PR campaign with 1 release to date.
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
Share Structure - Updated March 1, 2023
Verified Profile - updated at least monthly.
Authorized Shares: 5,000,000,000 [same as in January 2020]
Outstanding Shares: 2,238,709,801 [no change]
Restricted: 219,001,359 [no change]
Unrestricted: 2,019,708,442 [no change]
Note1: It is only the Unrestricted Outstanding Shares count that is relevant to immediate trading. This is relatively low at 2.02B for a stock in the .0005 > .25 price range.
Note 2: There has now been no change to the Unrestricted Outstanding Shares November 2 > March 1 - total 120 days.
Trading Patterns - Previous Business Model - 2021 > November 14, 2022
Note 1: Details of runs in 2019 and 2020 of up to 433% have been deleted - still available to view in the contemporaneous record here.
Note 2: Now that we are expecting runs of 1000% > 2000% in 2023 from current levels, details of 8 x runs less than 84% in 2021 prior to the main move up have been deleted .
2021
Started breakout from .0038 (previous close) > .0050 on January 6, 2021
Ran from .0052 > .0064 on February 9 - 23%
Ran from .0062 > .0080 on February 10 - 29%
Ran from .0073 > .0091 on February 11 - 25%
Ran from .0070 > .0088 on February 18 - 26%
Ran from .0076 > .0091 on March 3 - 20%
Ran from .0086 (previous close) > .0197 (then new 2021 high) on March 24 - 129%
Ran from .0092 (previous close) > .0169 on March 29 on just under 99M traded - 84%
Ran from .0169 (previous close) > .0200 (new 2021 high) on March 30 - 18%
Ran from .0127 (previous close) > .0160 on April 1 on just 28M traded - 26%
Ran from .0098 (previous close ) > .0119 on April 8 - 21%
Ran from .0060 (previous close) > .0117 on July 15 - 95%
Ran from .0018 (days prior) > .0030 by December 14 - 66%
2022
Ran from .0018 > .0024 on February 4 - 33%
Ran from .0008 > .0014 by March 7+8 - 75%
Ran from .0008 (previous close ask) > .0011 on April 22 - 37.5%
Ran from .0009 (previous close ask) > .0012 on April 27 - 33%
Ran from .0007 (available previously) > .0012 on September 7 - 71%
Ran from .0005 (previous close) > .0007 on September 30 - 40%
Trading Patterns - New Business Model - November 15, 2022 Onwards
Breakout started from .0004 > .0007 on November 15 - 75%
Breakout continued from .0007 > .0010 on November 18 - 43%
Having not yet had the first update of 2023, $SFLM was lightly traded and hence went down a few ticks due to a few impatient small holders selling to bidders buying - and suspected manipulation by a few disinformation merchants - until February 15, 2023.
On February 16, 2023 we started to see large buys taking out any .0004 ask - largest buy was 50M - $20K - and total loading of 132M at .0004 + .0005.
Similarly, on February 17, 2023 , we saw any .0004s walked down taken out - including buys of 26M + 9M - $14K - and a large peak bid of 202M at .0003 - $60K+ of which a peak of 32M - $12K+ - was moved up to .0004.
On March 1, 2023, we saw a peak of 97M of the bid move up to .0004 - $39K - and 10.5M of the remaining .0005s bought up.
Expect a dramatic move up anytime we get sufficiently large buys set across several successive asks - as happened on November 15 and November 18.
Given the increased awareness of the start of the breakout on February 16, and 2022 tax refunds coming through soon, we might well see significant additional buying under .0020 over the next few weeks.
We should get past any remaining mass 1-tick flippers by .0010 and be back to a more normal few M per .0001 from .0011 > .0020 then much thinner still after that all the way to the .01>.02+ range IMO.
As with all my long-term top picks, knowing who got what where - relative to you by process of elimination - is important when deciding the ratio of shares to keep long-term vs locking in partial profits at peaks in the .01 > .02+ range - as is patience - this is a long-term play throughout 2023.
Performance & Outlook
$SFLM will remain a potential top profit pick for me throughout 2023 for self-evident reasons in this Overview.
Performance in each year 2020 > 2022 has shown that it pays to be ready at all times for surges with tradeable lots from multiple price points - not just trying to get the cheapest of the year and stretch them..
Continued large profit trading opportunities are anticipated ahead throughout 2023 and future years for those who maintain a large inventory of shares at a variety of price points. Having plenty of shares - you don't need the cheapest - avoids the need to chase every time it runs.
With some OTC tickers now adding 10 Billion - even 50 Billion - shares per update, $SFLM remains one of the thinnest sub .02 tickers in the OTC with an immediately tradeable Unrestricted Outstanding shares count of only 2.019 Billion unchanged for 120 days as at March 1, 2023.
Cancel any left over ask sell orders at close to get the maximum gap up at each open.
Expect .02+ at some point ahead in 2023 / later years as the following catalysts play out:
- 2022 Annual Report - anticipating details of new business direction, removal of losses of divested SFL Maven of Florida, LLC from the balance sheet and addition of consideration for the sale.
- Clarification whether the Metaverse store is being retained by $SFLM.
- Clarification whether the patent pending "HoloGlow" technology is being retained by $SFLM.
- Updates on the "impressive deal flow of prospects that could be acquired or technology that could be licensed by SFLM” [source: PR November 15, 2022]
- Updates on the lithium mining initiative for batteries.
- Updates on acquisitions.
- Clarification whether uplisting to OTCQB (requiring a sustained .01 bid) or NASDAQ is still planned.
- Possible name change.
- Possible ticker change.
Not a financial advisor - just stating what I'm basing my trading decisions on.
I will be holding some $SFLM in my portfolio throughout 2023 for long-term growth, trading some on surges from the bottom up too and reloading on any dips.
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.
