June 1. More progress today for $SFLM getting .000
Post# of 7024
At the close yesterday there was 13M on a walked down ask at .0004 after the .0005s had already been started with a peak of 32M.
At the open there was 121M on the bid at .0003 and a 6M+ buy at .0004 at the open from an order placed before the open - leaving 4M as 3M had been cancelled.
The remaining 4M .0004 were bought out almost immediately and on initial uptick there was only 24M left at .0005 - down 8M on peak yesterday).
A 5M+ bid at .0004 was then maintained throughout the day with no significant fills.
Subsequently there were some minor manipulation attempts by scammer(s) adding 1.5M - trying small paint downs - cancelling a fake 6M (by which I mean doesn't really want to sell it - trying to dupe people to fill the .0005 bid and cancel ask before it is taken at back of CDEL queue) and adding the 6M back again for a total of 25.4M.
Overall, 13.5M was bought at .0004 today - making 88M total in the last 2 days.
So with only 25M at .0005 - including what was there from before yesterday - it is obvious that most of the .0004s bought are being kept for trading higher later.
We know that there has been no dilution since the new CEO took over and that the SEC has prohibited any further selling of non-registered shares as done by the previous CEO.
Share Structure updated May 1 - again no change - no dilution. Expect next update before the open on Monday (anytime from now).
There has now been no change / dilution of the Unrestricted Outstanding shares for 212 days.
WY SOS record updated on May 12, 2023 - see Overview for details.
Latest Overview - updated May 14 - here:
https://investorshangout.com/post/view?id=6574543
Expect movement up over the days, weeks and months 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.
Note:
The SEC had been investigating the old company under the previous CEO for selling unregistered offerings October 10, 2019 up to December 9, 2021. This accounted for why share increases declared monthly at otcmarkets.com during that period appeared to be insignificant compared to the total volume traded in each period. The matter is now closed with $SFLM agreeing to pay a $25K fine in quarterly installments.
SEC notices linked here: https://investorshangout.com/post/view?id=6575327
SFLMaven, Inc. (SFLM) Stock Research Links
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