Copy of a post I just made on iHub responding to a
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Posted On: 09/22/2024 7:18:15 PM
Copy of a post I just made on iHub responding to another long-term shareholder of $SFLM:
I expect the one of 3 courses of action from the CEO:
- Execute the business plan as stated in the November 15, 2022 PR and re-iterated in the 'X' update of October 26, 2023 with the amplifying comments:
-- "we have every intention of adding Shareholder value by executing on our business plans, even though obtaining the best type of financing will add complexity"
-- "We could not be more optimistic about what we are trying to accomplish and the opportunities ahead of us that are waiting to be fulfilled."
- Do a deal for a reverse merger with an existing company that wants to go public - along with a name change and ticker change - and maintain an interest in the new company as a Board Member.
- If he is too busy with other projects or cannot attract the financing to execute the original plan, sell the shell ticker to a company that wants to go public.
-- Existing shareholders keep all their shares in the new company + ticker.
-- Typically, shell tickers sell for $300K > $600K currently and listings can be found by searching "OTC shells for sale"
With indications over the past few weeks that more cash is returning to the OTC from those that try to make a living from it but have not been getting the desired results when trying Options and Crypto for the past 18 months, I think we may well see a sequential running up of every single OTC stock that is currently in the .0001 > .0009 range - regardless of the future merit or past history of the ticker - just as we saw November 2020 > March 2021.
I expect the one of 3 courses of action from the CEO:
- Execute the business plan as stated in the November 15, 2022 PR and re-iterated in the 'X' update of October 26, 2023 with the amplifying comments:
-- "we have every intention of adding Shareholder value by executing on our business plans, even though obtaining the best type of financing will add complexity"
-- "We could not be more optimistic about what we are trying to accomplish and the opportunities ahead of us that are waiting to be fulfilled."
- Do a deal for a reverse merger with an existing company that wants to go public - along with a name change and ticker change - and maintain an interest in the new company as a Board Member.
- If he is too busy with other projects or cannot attract the financing to execute the original plan, sell the shell ticker to a company that wants to go public.
-- Existing shareholders keep all their shares in the new company + ticker.
-- Typically, shell tickers sell for $300K > $600K currently and listings can be found by searching "OTC shells for sale"
With indications over the past few weeks that more cash is returning to the OTC from those that try to make a living from it but have not been getting the desired results when trying Options and Crypto for the past 18 months, I think we may well see a sequential running up of every single OTC stock that is currently in the .0001 > .0009 range - regardless of the future merit or past history of the ticker - just as we saw November 2020 > March 2021.
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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.
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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