March 30. An excellent day for $SFLM with the 17M
Post# of 7024
On March 29, the new CEO Chad MacKay filed for an extension to the Annual Report - now due by April 14 - which effectively put an end to the nonsense of a few basher/scammers on an amateur forum who had been claiming for several weeks that he wasn't the CEO, that the Annual Report wouldn't be filed and that the ticker would go to the Expert Market. In any event, only a few impatient small holders had been duped by this and sold for a loss during that period.
Opened 105.5M .0004 x 17.8M left at .0005.
There was a 500K paint down attempt at the open from an order placed before the open.
However, at 12:11:33, 12:12:01 and 12:13:00 all 17M .0005s were bought out - including buys of 8.5M and 7.2M.
Thereafter the bid at .0004 was increased to a peak of 124.5M .0004 + 3.5M .0005 - $51.5K.
.0006s were started with 16.3M left by the close.
With the Annual Report due soon, we can expect the .0006s and .0007s to get bought out quickly at any time.
The $51.5K+ in unused new interest bid funds at .0004 and .0005 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 149 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.
SFLMaven, Inc. (SFLM) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.