FormCap Corp (FRMC)

[FinalFrontier]

I predict that once the RS goes through, they'll wait a few months and then hope enough time has elapsed that those who just got burned have moved on and they can get a fresh set of traders who aren't aware of their past "stuff."

Then they can rise and repeat for the next set of traders.

I am curious as to why they replaced the CEO. I sold shares after that. Obviously, that was a major red flag. You don't change CEOs right before some drill date. Which again tells me they never intended to drill. It was, IMO, set up to run the stock on the hope that they would drill, even going as far as filing paperwork. Just my opinion, but I would bet on it.


I am surprised some buyers have come in today getting this back to (right now) .006, which isn't too far from yesterday's close before this latest news.

Would be interested to know what their thinking is...buying right before a RS and when the odds of them drilling - even in August - just went down very significantly.