$FNHI: Massive 100m o/s reduction Friday. OTC not yet updated.
SS as reported in announcement on 9/22/2017:
Outstanding Shares 122,000,000
Float 102,000,000
Massive share reduction by ~45% (by 100M)! Float just over 100M!
Low floater with the following upcoming catalysts:
10Q- on watch for next week & going current.
Up-list to OTCQB
1M Private placement to fund inventory necessary to expand and market to larger USA clients.
Rollout of new Worksport brand for USA markets
Listing on Canadian Stock Exchange-Dual listing- Same 102M float!
Release of additional 500k in funds from Gunpowder capital, IF NECESSARY, upon CSE listing.
Letter to Shareholders 9/23/2017
Massive 100M share reduction PR
Elimination of 185,000 in Debt PR
Chart resistance at 0.05 & 0.06 with big gaps to fill between 0.06-0.08 & 0.12-0.17.
As of today, the market cap is 45% less than it was yesterday. This chart so coiled and has been trading in the same channel for 6 months, as the market has patiently waited for the fall lineup of catalysts. NOW THEY ARE HERE! Any significant volume could really showcase this low float and what it can do under significant buy pressure.
