Vacation over, amused by such negativity. Jake and FONU2 have a big week ahead with obataining permits and getting bulldozers out to the site. What does a person do when they need money and they don't have traditional bank financing...you find alternative source in the financial market. Sometimes not pretty, but effective. Frustrating to watch this stock travel up to .01 with Penny Marshall news earlier, only to crash down to .0002 on illiqid trading. Finally sold all my NFLX into earnings, great ride from $10 to 90's, but looking for another wild ride with FONU. And no one liked Hastings when trading at 10 (post split value). I watched Hasting's dream get crushed from 40 down to 10, but he persevered. Hope Jake makes good decisions and picks up new investors. I'm flying out to LA for meetings with producers and actors to discuss getting more films to Savannah in a few weeks. Ralph Singleton extremely excited about Applebox acquisition since he can push hard the fact that equipment doesn't have to come iin from Atlanta, NYC or NorthCarolina...it's in Jacksonville and Savannah. Most of the equipment will be brought up to Effingham and Savannah storage facitilities now that the deal is closed.
Adam Sandler's public appearances around town only helping Savannah's cause. Birth of a Nation team much quieter around town because of odd locations in remote areas of Effingham and Savannah. Plus another film starting on Monday. I hope Penny Marshall's dream movie Effa still on, but movie producers can be fickle. And I'm praying every day that Yellow gets a great distribution deal to put money back into FONU/MDNT treasury. I would hope distribution deal reduces need for dilution/release of shares and reduce risk of future price declines. Obvious FONU isn't NFLX, but the sentiment analogy is the same. And there are many ways to make money in this stock market, even though I hate penny stocks. I'm finally break even with FONU, and keeping fingers and toes crossed that Jake and team Moon River can continue to execute. I still wish insiders buy FONU stock, but I understand why they can't at this time. I hope some upcoming successes will change that position.
I haven't seen any of PR's posts since I've ignored his posts, but I gather from other posts, he's still the same cantankerous soul. God Bless.
