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should we buy again?
thanks for all the information. I've been here for 6 years, looking forward to the development.
$FRMC just got New Owners! Check it out:
Old Owner (From latest 10Q 2017):
https://www.otcmarkets.com/filing/html?id=12236906&guid=bCLfU6uprzaOG3h
New Owner (From Form 15 filed Friday)
https://www.otcmarkets.com/filing/html?id=13651871&guid=bCLfU6uprzaOG3h
z
It also could mean that somebody bought the $FRMC shell and will do a merger........
z
It means $FRMC wants to stay alive with the SEC.....they got something going on I bet.........
A Form 15 lets them stop filing legitimately, and the SEC won't suspend them...like they do a lot of other stocks
z
what does that mean?
$FRMC Form 15 Filed!! OS: 89M Float 33M:
https://www.otcmarkets.com/stock/FRMC/security
z
Some action today. Still thin.
Very thin stock
FRMC .008/some hits today
Only 9 m shares here raise them bids ..lol
Looking good here, just needs a good 8-k/news, they filing for a reason here
The Company will also have the option to participate in the drilling of up to six exploration or development wells on lands currently owned by Keta and Kerr under terms set out in the agreement
10 Q out 9 m share os ...
Agreed , I bought 150 k shares as lotto ... going wait it out ....
GLTU :)
Not following their SS listed in these filings. When I see a 10k hit and some clarification on that old R/S this could be an interesting one.
Ready for some news here
Any good news comes out easy 5 banger let's see... Good luck us .
Look how thin ask is ..lol
Probably not ... But if no Rs it's a go.
50/50 sounds about normal... Lol
Me too, bought some yesterday when I saw first filing. But I don´t think she is the same as from Stryker.
Yup....... Well I'm going hold , no way to thin to sell...
If no Rs easy 5 banger ....
Nope different guy
Not sure if same guy but other company is at $145,
Looks like China's guy in charge ....
He runs medical device company ...
Good luck with that.
Saw that, but it´s from 2015. So might be cancelled.
Cool.... I'll take a swing ...lol
read their def 14.
Looks like already happened where see that ..?
1-1000RS PENDING
Phatlander, it is the same lease that FRMC and many other penny stocks have PRed before that has never produced $1 in oil.
Good luck.
Frankly, I'm disgusted with what I've seen from FRMC thus far: a misleading stinky pinky. However, the lease they hold is in a good area with good geology that in these economic times would be favorable to a major to drill...hence my query.
Unfortunately I agree with you that to date FRMC has shown no inclination to actually drill as of yet, and are not likely to any time soon on their own. At the same time, as I understand it, they hold the lease debt free...which means FRMC perhaps can survive where tight budget oil companies are folding. Also, I understand that the better more solid oil companies are concentrating on these less expensive shallow drills to maintain oil production at lower costs...leaving their deeper targets for later. So I think FRMC offers a favorable acquisition or JV target. Just IMO only.
Phatlander, that would take true intent from FRMC to actually want to drill oil. EOM
One would think the current economics would bring a greater value to a lease such as this one, but despite their PR's of upcoming drills and farm in agreements, this company can't seem to get its s**t together. Perhaps a company you may have connections with might have the wherewithal to barter a JV and utilize the assets held here? Just a thought.
Sharebuilder is quoting this at $200/share right now. Maybe somebody bought it at that price by accident.