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Shares of Sefe Inc. (SEFE) continue Slide as Thursday’s Trading ended Lower

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Shares of Sefe Inc. (OTC: SEFE), a technology-and solutions-driven company, tumbled in Thursday’s trading session. The penny stock of SEFE ended the day 31.87% lower at $1.09, with volume up from daily average of 5.37 million to 11.28 million. The stock has fallen more than 51% in the last three trading sessions.

SEFE on Thursday provided a shareholder update. Donald C. Johnston, CEO of SEFE, reiterated to the investment community that SEFE’s business is proceeding as planned. Johnston reassured shareholders that the company is making progress in executing its corporate goals.

SEFE also said that it is in the process of reviewing and negotiating several shareholder-friendly financing proposal.

Posted by on Friday, May 4th, 2012. Filed under Internet, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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