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Sofame Technologies Inc SFMGF

Sofame Technologies Inc is a Canada based company engaged in engineering and manufacturing direct-contact heat recovery and industrial water heating systems. Its services and products belong in the categories of power boiler and heat exchanger manufacturing. The products of the company include percotherm, percomax, hybrid oercotherm, launrec RBT, among others. The organization generates revenue from the US and Canada based clients, of which maximum revenue is derived from the Canada based client


GREY:SFMGF - Post by User

Bullboard Posts
Post by valueplaysonlyon Mar 14, 2013 7:57pm
132 Views
Post# 21132627

LOOKING AT THIS

LOOKING AT THIS

Used to  own a position  in this  one  years  back  .  I  like the patents and the business model  but they   cant close out  pp  and are trying to raise  about  a  million more in cash.  Board  is too  top  heavy  with retards  with   oodles of experience but the company cant close sales.  When  you  have that level of experise on your   Board    but  u cant close sales it  speaks  to how useless the  contacts  are from   the  Board.  Mr Gocek is likeable,  I  have met him in person on a few occasions  and hes earnest as  well.

 

Wtih so  many companies     on Vulture Exchange  gone under    a lack  of cash,. despite the model and the prospects is often a death  knell.   I  would like to see this survive  but it is high  risk  .  I   purchased  50 000  shares today  at 2 cents.  i used to own several  million  shares but liquidated  at slight loss and  parlayed that into   HYD  , which was a 4  bagger for me    when  I  sold on the take over news. 

At 50   000  shares its worth 1 K   to me to see if it can  reclaim  past glories.

Bullboard Posts