posted
wow.. quite the flurry of posting activity you have on this stock.. 3.9 million float?.. sounds like a group play.. or as we like to call them.. front loaders.
Posts: 2965 | Registered: Aug 2005
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posted
SFNLE's only momentum has been down as it has lost 70% of it's worth since april alone.. nice stock you're pumping.. Got anything in a uptrend?
Posts: 2965 | Registered: Aug 2005
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quote:Originally posted by Relentless.: SFNLE's only momentum has been down as it has lost 70% of it's worth since april alone.. nice stock you're pumping.. Got anything in a uptrend?
First of all Mr Ill-Informed let's get your facts straight:
SFNL no longer has an "E" because they submitted their filing about a week ago
Last week they announced exciting which they claim has "potential for outstanding growth"
70% down since April ? Did you see the trading after the above news? Stock was up 120% with some ridiculously high momentum which I'm hoping will continue tomorrow. If you don't see that as an uptrend or rather a breakout you need to leave the stock trading world.
I think this stock is an amazing short term momentum play. Well I'll be back here tomorrow to discuss this stock, why don't you digest the above facts before posting and making a fool out of yourself !
-------------------- Just my humble opinion based on my understanding of the facts Posts: 54 | Registered: Aug 2006
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quote:Originally posted by Relentless.: SFNLE's only momentum has been down as it has lost 70% of it's worth since april alone.. nice stock you're pumping.. Got anything in a uptrend?
$0.248 at the high today, that's over 100% gains from the opening price of $0.11 and over 1,000,000 in volume.
Boy were you wrong about everything !
-------------------- These are just my opinions Posts: 23 | Registered: Aug 2006
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quote:Originally posted by Relentless.: SFNLE's only momentum has been down as it has lost 70% of it's worth since april alone.. nice stock you're pumping.. Got anything in a uptrend?
$0.248 at the high today, that's over 100% gains from the opening price of $0.11 and over 1,000,000 in volume.
Boy were you wrong about everything !
from .082 LOD to .248 HOD and back to .10 two hours after open...?
looks *just like* a front-loaded grope--I'd say he pegged it pretty well...
quote:Originally posted by Relentless.: SFNLE's only momentum has been down as it has lost 70% of it's worth since april alone.. nice stock you're pumping.. Got anything in a uptrend?
$0.248 at the high today, that's over 100% gains from the opening price of $0.11 and over 1,000,000 in volume.
Boy were you wrong about everything !
from .082 LOD to .248 HOD and back to .10 two hours after open...?
looks *just like* a front-loaded grope--I'd say he pegged it pretty well...
Ammm...hello ? Did you see the run started at $0.04 last Thursday and there was REAL news? Did you see that volume's been up consistently and there's over 1 million shares traded today ? Did you see that it's still trading way higher than last week ? and you call that just like a "front load" grope thing or whatever ? Talk about a flawed allegation !
And the fact that it was up for two hours and that it was the highest % gainer in the market for that period of time, better than most stocks in penny land today
No doubt this was a short term momentum run but who said it was a long play anyway, I don't think anyone bull****ed about that like the way they bull**** about CSHD going to DA Moon etc, you know what I'm talking about you're on that thread all the time.
-------------------- These are just my opinions Posts: 23 | Registered: Aug 2006
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GLIF is having a run. This is more like a rocket falling into the ocean . Remember FFPM from a month back...
Posts: 1134 | Registered: Apr 2003
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quote:Originally posted by iluvthepennies: I see quite a few people seem to have missed the run on this one and are pissed so starting to bash it with teamwork !
I'M GLAD I MISSED IT...
I WOULDA BECOME A BAGHOLDER LIKE MANY HERE !
BUT THATS NOT ALL !
IF YOU ORDER WITHIN THE NEXT 10 MINUTES WE WILL
INCLUDE A 60+ % LOSS ABSOLUTELY FREE !
LMAO
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven Posts: 3255 | From: Orlando, FL | Registered: Mar 2006
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posted
Secured Financial Network Converts 23% of Outstanding Debt to Equity Wednesday March 14, 8:43 am ET
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Secured Financial Network, Inc. (OTCBB:SFNL - News) announced today that the Company has successfully reduced its outstanding debt by $820,000, or approximately 23% of the Company's total debt. Under the terms of the completed transaction, creditors converted existing debt into 2,460,000 shares of the company's common stock and were granted Warrants to purchase the same number of additional Company common stock over the next three years at exercise prices of both $0.10 and $0.50 per share. ADVERTISEMENT
President and CEO, Jeffrey Schultz, stated, "We are extremely pleased with the terms of the transaction, its impact on the Company's balance sheet, and the support we received from our creditors." He continued, "This most recent transaction is further evidence to our shareholders that management continues to evaluate all potential courses of action that can improve the Company's long-term competitive and financial position".
About Secured Financial Network
Secured Financial Network, Inc. is a Ft. Lauderdale, Florida-based company engaged in a full-spectrum of e-commerce transactions through a proprietary 'bank-grade' electronic-vault based payment processing system through its exclusive Envoii Deployment License Agreement. SFNL looks for business opportunities in which Company participation will create growth, add to profitability, and build shareholder value.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Secured Financial Network, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact: For Secured Financial Network, Inc., Fort Lauderdale Brass Bulls Corp. Matthew Lovito, 866-342-2700 or For Investor Inquiries: www.securedfinancialnetwork.com