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56Chevy

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56Chevy

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Re: Enterprising Investor post# 34

Wednesday, 08/06/2014 3:46:42 PM

Wednesday, August 06, 2014 3:46:42 PM

Post# of 117
I'm not surprised with todays' news EI...I know you aren't either.

From a company perspective this was a perfectly executed way to go about doing a Rights Offering.. start to finish.

The Company expects that it will receive the maximum amount permissible pursuant to the terms of the Rights Offering and that all basic subscriptions received will be filled. Based on the significant response to the Offering, the Company anticipates that only a fraction of the oversubscription requests will be satisfied.

My only wish was that "fraction" of oversubscription fills was larger. This offering was very popular.

Amazing.

Based on todays pps of $1.40 investors just made close to 40% on their investments!

Outstanding!

Marker:
Four Oaks Fincorp, I (FOFN)
$1.40 up 0.23 (19.66%)
Volume: 5,745




I'd rather entrust the government of the United States to the first 400 people listed in the Boston telephone directory than to the faculty of Harvard University. ~~ William F. Buckley, Jr.

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