Dragni Dragnev

Strikeforce Technologies Inc. (OTCMKTS:SFOR) Surges Before 10-K

by Dragni Dragnev April 13, 2016

Strikeforce Technologies Inc. (OTCMKTS:SFOR, SFOR message board) managed another impressive climb and another heart wrenching plummet in just two sessions, and is currently unstable in today's early trading.

What is odd about the current situation is that somehow investors seem to be jumping with enthusiasm about a ticker that has next to no commercial, financial or any other achievements to date. Any claims that this time things will be different are, as of this moment, completely unsubstantiated, any optimism – unwarranted.

Why? Well, for one, we have some idea about what we're going to see in the report that SFOR is delaying – and what we do know does not pleasant.

SFOR had 198 million shares of common stock issued and outstanding as of the beginning of February, 2016. 188 out of those have been printed between November 2015 and January 2016.

This fact in and of itself should be enough of a hint to investors that the upcoming financial report's share structure-related section is very likely to be quite an ugly sight indeed.

After all, we could only guess as to what the company's financials will look like at this point in time, but we know for sure that SFOR has quite recently registered trading sessions in which 300 million or even 400 million shares changed hands.

Suffice it to say that this, as well as many other facts, does not bode well for the ticker at all – which makes the investors' current enthusiasm even more confusing.

Comments 1

1. Guest
April 14, 2016, 09:17PM

Quotes Hotstocked FRAUD RIPPOFF Reports Owner SCAMMER LIAR Criminal CROOKS investors bankrupt

Type the characters that you see in the box (5 characters).