April 3. A satisfactory quo day for $SFLM on a day
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(Total Views: 128)
Posted On: 04/03/2023 4:33:51 PM
April 3. A satisfactory quo day for $SFLM on a day when there were a lot of distractions in the OTC with other Watch List stocks also moving off or continuing off the bottom ($APRU $INQD $ECOX $ENZC).
Opened with 15.7M left at .0006 which counted down correctly when 1M bought.
Subsequently, the bid at .0005 was increased to 14M+ and an impatient small holder sold 5M+ to buyer(s) at .0005.
The recently bought shares were added to the ask at .0006 making 20M and the bid was topped up by 2M to 11M.
With the Annual Report due by April 14, we can expect the .0006s and .0007s to get bought out quickly at any time.
The $50K+ 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
No news.
Share Structure updated April 3 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 153 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.
Updated Overview to follow today.
Opened with 15.7M left at .0006 which counted down correctly when 1M bought.
Subsequently, the bid at .0005 was increased to 14M+ and an impatient small holder sold 5M+ to buyer(s) at .0005.
The recently bought shares were added to the ask at .0006 making 20M and the bid was topped up by 2M to 11M.
With the Annual Report due by April 14, we can expect the .0006s and .0007s to get bought out quickly at any time.
The $50K+ 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
No news.
Share Structure updated April 3 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 153 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.
Updated Overview to follow today.
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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.