Fansfrenzy Corporation (FFZY)

[EHRjunkie]

At the moment only a handful of sportsfans are visiting the Fansfrenzy website each day. So far you can say its still a hobby, but a costly hobby it is! In the past four and a half years total expenses rose to just over $300.000 (2013: 87M, 2014: 80M, 2015: 37M, 2016: 69M and first half 2017: 28M) financed by long term notes to shareholders. Makes sense to me they want to earn that money back. I'm waiting for a campaign to grow the user base and more sponsors/advertisers to show up on the Fansfrenzy home page. Let's not forget that Gary P. Molinaro holds 18 million preferred shares. No income for the company means no dividends for him.

And Giuseppe Gentile must be frustrated by now as well. His "marriage" with XII Tribes ended in tears and the new relation with Fansfrenzy brings him only headache so far. Think a lot of people are pissed at the moment.