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  4. SFLMaven, Inc. (SFLM) Message Board

Trading Summary - July 12. Another disappointin

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Post# of 7110
(Total Views: 146)
Posted On: 07/12/2023 4:12:53 PM
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Posted By: AJH92
Trading Summary - July 12.

Another disappointing status quo day for $SFLM with no effective progress apart from there likely being a lot less at .0009 after a couple of impatient weak hands traded 10M and 3M on the bid.

Only 2M of the 10M bought at .0007 was added to the ask at .0008 - the remainder was added to the inventory of one or two longs for trading much higher later.

Bid peaked at 28M at .0007 and was topped up to 20M after 13M had been bought.

Closed with 9.3M left at .0008 then probably less at .0009 than last time - perhaps in the 5M > 10M range.

Overall, 14.8M was traded today - all at .0007 + .0008.

All the significant trades were covered in earlier contemporaneous posts.

Ahead, I still expect $SFLM to play out as outlined in the Overview - based on detailed observation of what volume was picked up where on the way down from the last run to .02:

- Probably only a few M .0011>.0020

- Then much thinner - a f ew 100K - .0021 to the .01>.02 range.

Always watch for a potential gap up to be indicated by MMs before every open - based on pre-open ask buy orders placed by traders who want to add as many shares as possible to their inventory before the .0010+ breakout - and cancel any left over asks under the gap up price.

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 by the previous CEO.

Share Structure updated July 7 - again no change - no dilution.

There has now been no change / dilution of the Unrestricted Outstanding shares for 253 days.

WY SOS record updated on May 12, 2023 - see Overview for details.

New CEO started updating the Company Profile at otcmarkets.com on June 30, 2023 - see Overview for details.

Latest Overview - updated July 5 - here:

https://investorshangout.com/post/view?id=6593125

Expect further 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.

Deep Power, Inc - one of the potential candidates to possibly go public via a reverse merger with $SFLM - resumed updates on its LinkedIn account recently after a gap of several months.







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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.




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