Trading Summary - September 14. Another disappo
Post# of 7023
Another disappointing day for $SFLM with people failing to take out the .0010 ask when it was down to as little as 9.25M left - thereby allowing new interest to get in at .0009 rather than being forced to pay .0011+.
Key points were:
- Opened with 11.965M left at .0010 - 2M added by scammer since the close yesterday.
- When people failed to hit the ask to take out the .0010s with orders placed before the open, the usual minor games from scammer(s) ensued.
- Undercut ask .0009s were bought out a number of times and . 0009s were also bought on the bid.
- Down to 9.25M left at .0010 before a couple of scammer(s) / impatient people moved a total of 7M down to .0009 (making .0010s even thinner).
- None of the larger buys at .0009 - particularly the 2 x 3.3M+ - were added to the ask at .0010.
- Only 4M could be bought on the bid at .0008 from a single paint down 35 minutes before the close.
- 795K was bought at .0010 and 13.5M was bought at .0009.
- Had the people who bought .0009 been forced to buy at .0011 we would probably have been at .0012 or .0013 instead of .0009!
- Overall, 18.2M was traded today - mostly at .0009.
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 317 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.