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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 May 25, 2013 8:11am
217 Views
Post# 21440738

any one talk to Allen?

any one talk to Allen?

  With  significant sales this is a ten  bagger.  They have to know by the   level of  interest out there what their sales prospects are.   with stock  at ALL TIME LOW     there are no insider purchases  whatsoever.  All    I see is PP  to  pay off old debts,  significant dilution  and that  jsut to     get out of the ditch.

  Allen   is a  snake oil salesman.   If  he  believed in the company he;d step in rigght away and buy    By buying  it shows faith in the product pipeline and it also  shows confidence in what  he  brings to the table.

   New    Board appointees  rick  George and allen  Marking stepped  right up to the plate and each bought several  million dollars  woth of  Penn West stock.    I  dont see  Allen  John  or Luc buying..     In fact Luc sold alot of shares at  2  cents  last year.

   This is  pump  and dump    only  in my opinion.  They  dont have the budget to get sales,  relying  on    outside sales agents is cheap    but it does not produce results as    the figures clearly show.

This  will struggle to  survive.  Needs  3  million in new sales before I  come on board   even if  I pay triple  for it then.

Bullboard Posts