Trading Summary - July 25. A satisfactory statu
Post# of 6943
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A satisfactory status quo day for $SFLM with .0007 being the only price available for anyone who wanted to add 10M+ to their inventory for trading much higher later.
Opened with 15.7M left on the ask at .0007.
This was increased slightly to a peak of 17.4M but counting down as some was bought on the ask to 16.3M by the close.
There was a peak bid of 7M at .0006 + 70M+ at .0005
No significant amount could be bought on the bid at .0006.
Overall, 3.1M traded today at .0006 + .0007.
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 few 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 20 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 266 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 23 - here:
https://investorshangout.com/post/view?id=6599412
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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