As with every start up business, many service providers are paid with shares or by utilizing convertible debt. They have no credit history or have few assets.
Having said that. I believe the company has a good product and a viable idea as to entering a niche market that has been over looked by the "Major" drink providers.
I also think this company will never become a Major retailer of soft drinks. What I do envision is that, if it should reach a level of success, a major soft drink company will acquire it and perhaps, that is the intent of those who formed the company.
So, as in many instances, those service providers that are converting shares to cash, will use promotional means to get as much as they can for the shares they have been provided. Thusly, I watch closely the debt instruments and the ability of the company to begin operating in a profitable way. If they do, and no longer need to finance their operation via those means that are detrimental to the share structure of the company, in hope that I can buy shares cheaply and in anticipation of the company being acquired.
Pump & Dump? I guess you could say so. But I just accept the promotions and the debt financing as a normal part of a great majority of OTC companies like FHBC.
WE MUST ALL REALIZE THE DIFFERENCE BETWEEN HOPE & EXPECTAION BASED ON GIVEN FACTS.
