Trading Summary - September 5. A disappointing
Post# of 7024
A disappointing day for SFLM with too many people sitting on the bid and failing to hit the ask.
Opened with 9M left at .0010 - same as at the close on September 1 after the day trades cancelled out.
.0010 + .0011 remaining the only prices available for anyone wanting to add 10M > 20M to their inventory of shares for trading much higher later.
With people failing to hit the ask at .0010 when they would have been easy to take out, scammer(s) traded on the .0009 bid and created a walked down ask that was taken out twice.
Only 3.65M could be bought at .0008 from 6 x insignificant paint down attempts as small as 11,000 shares.
The bid at .0008 was topped up to a peak of 55.2M - $44K - which is sufficient to take out .0009 > .0012 if applied in quick succession to the asks.
Overall, 13.5M was bought today - the majority at .0009.
Closed with 7.2M on the walked down ask at .0009 - which was reduced to 330K when day trades cancelled out.
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 August 22 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 308 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 with multiple further updates on August 23, 2023.
Overview - updated August 27 - here:
https://investorshangout.com/post/view?id=6612706
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
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.