Monday, November 20, 2017 10:06:19 AM
IF CEO Gary Molinaro is able to carry out his plan for a 100:1 reverse split, he will kill his reputation completely. Let's not forget that this man wants to do good for society. Every year he and his baseball team IBL Cardinals organize fund raisers, selling Fansfrenzy and FearTheFighter t-shirts. I know, I've been there and I have spoken to them. Part of the concept behind Fansfrenzy is to raise awareness and funds for children to be able to play or attend sports games. So Gary's reputation is sacred to him. To see that destroyed by an action that completely destroys shareholder equity is unthinkable for him. It will haunt him forever. It means that if he succeeds to raise funds in the future, people will say "you stole that from your fansfrenzy shareholders". HE-5 Resources Corp (Fansfrenzy Corp now) had a very bad reputation, think most of us know about that. If he makes a wrong move now, Fansfrenzy's reputation and the reputation of its CEO Gary P. Molinaro is destroyed forever. That's not a risk he will want to take.
IMO
FEATURED Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • Apr 16, 2024 8:52 AM
Maybacks Global Entertainment To Fire Up 24 New Stations in Louisiana • AHRO • Apr 16, 2024 1:30 PM
Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • KGKG • Apr 16, 2024 8:30 AM
Branded Legacy, Inc. Reports Significant Net Income of Over $3.8 Million • BLEG • Apr 16, 2024 8:30 AM
Avant Technologies Begins Development on Next-Generation AI-Driven Resource Allocation Solution • AVAI • Apr 16, 2024 8:00 AM
UC Asset Expected to Report $0.03/share Net Profit for 2023 • UCASU • Apr 11, 2024 10:00 AM