Dragni Dragnev

Strikeforce Technologies Inc. (OTCMKTS:SFOR) Gets Right Back Up

by Dragni Dragnev April 11, 2016

Strikeforce Technologies Inc. (OTCMKTS:SFOR, SFOR message board) jumped an impressive 41.67% up the charts on Friday, and investors seem to be really excited about the prospect of it making another frantic climb today – but is that a realistic expectation?

As we have said on multiple occasions in the past, SFOR seems to be one of the more hyped about stocks on the OTC Markets at the moment, so there's no telling where the stock may go in the short term. The problem in this particular situation is that it could just as easily go down to triple zeros as it could explode another 50% up the charts in the sessions to come.

Because, at the end of the day, while SFOR does have hype going for it, it also has the tendency to issue toxic convertibles and drown investor value in dilution. The fact that it printed 188 out of the 198 million shares that were issued and outstanding as of February 1 2016 between November 2015 and January 2016 should give investors a pretty good idea about how prone SFOR is to stock-related shenanigans.

What's even worse is that as bad as that horrific number may be, it presents a picture of what SFOR's share structure looked like more than two months ago. There's no guarantee that the company hasn't printed any more shares since then – in fact, the fact that SFOR has registered sessions with share volumes as heavy as 300 million or even 400 million clearly suggests that the very opposite is true.

The 10-K report that was meant to hit the web twelve days ago was supposed to throw some light on that, as well as many other SFOR related subjects, but it seems like investors would have to wait for a while more to get access to any relevant information on SFOR.

Once said report comes out, the ticker's path on the charts will probably be heavily influenced by its content – which is why we advise that investors involved with SFOR in any way keep on the look out for it.

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