March 24. A satisfactory status quo day for $SF
Post# of 7024
(Total Views: 118)
Posted On: 03/27/2023 4:07:53 PM
March 24.
A satisfactory status quo day for $SFLM with only 17M on the ask at .0005 at the open confirming my opinion about the MM > MM transfer of shares at slightly different prices at the close on Friday rather than a dilution sell of 35M.
1M was bought at .0005 - which counted down correctly leaving 16M.
Only 94,080 could be bought on the bid at .0004 from 3 x small paint downs.
The bid was increased again to 120.5M at .0004 - $48K+/.
With the Annual Report due soon, we can expect the .0005s, .0006s and .0007s to get bought out quickly at any time.
The $48K+ in unused new interest bid funds at .0004 are probably sufficient to get into the .0011 > .0020 range if applied to the asks in rapid succession.
The reason $SFLM is so thin to the upside now is explained here:
https://investorshangout.com/post/view?id=6549273
Latest Overview update from March 19 here:
https://investorshangout.com/post/view?id=6550111
No news.
Share Structure updated after the close March 17 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 146 days.
Expect continued movement up over the days and weeks ahead as the new CEO releases details of his acquisition and licensing plans.
It is also anticipated that there will be a name change and ticker change to better align with the new business.
A satisfactory status quo day for $SFLM with only 17M on the ask at .0005 at the open confirming my opinion about the MM > MM transfer of shares at slightly different prices at the close on Friday rather than a dilution sell of 35M.
1M was bought at .0005 - which counted down correctly leaving 16M.
Only 94,080 could be bought on the bid at .0004 from 3 x small paint downs.
The bid was increased again to 120.5M at .0004 - $48K+/.
With the Annual Report due soon, we can expect the .0005s, .0006s and .0007s to get bought out quickly at any time.
The $48K+ in unused new interest bid funds at .0004 are probably sufficient to get into the .0011 > .0020 range if applied to the asks in rapid succession.
The reason $SFLM is so thin to the upside now is explained here:
https://investorshangout.com/post/view?id=6549273
Latest Overview update from March 19 here:
https://investorshangout.com/post/view?id=6550111
No news.
Share Structure updated after the close March 17 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 146 days.
Expect continued movement up over the days and weeks ahead as the new CEO releases details of his acquisition and licensing plans.
It is also anticipated that there will be a name change and ticker change to better align with the new business.
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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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