I'm still considering it...
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Try awesomesauce!
This is freaking huge!! I missed this before - but if we can actually prove statement 21 than we will be so golden that it isn't even funny!!! It will prove, "yes, we would have been a major player already if it wasn't for them infringing on our patent."
Holy cow, that is big!!
Nvm, got it. Just supporting documentation they're trying to use to help their case... "see judge what happened here, see... pls just do this again"..,, good luck!
I'm confused about what this is
I'm good with that. And I agree. I think we're in a fantastic spot and I'm confident that this will be a game changer for sure. But, I also recognize that a few bumps could still pop up along the way. :)
With how we sit currently, my first price target is .0995$ at which point I'll be liquidating 25% of my holdings for short term goals I have. The remainder, I don't have a plan for yet :) but it's going to be big time!! :)
SFOR strong!
We're going green in a hard kind off way!!
I get where you're coming. It's true, sales would be great! We dont have any substantial yet and that will definitely need to improve long term (or be replaced by licensing agreements)... it's just not front and center right now.
It's also true that we don't know the settlement amount... it is possible that it's tiny and that we plummet back down. I doubt it - considering all the facts around it (law firms repping us, Kay saying we did well, etc.). But you're correct it's not known yet.
Sorry some folks are just a bit excited and spouting off some :)
From another long term gains long - thanks for asking important questions. Just, get ready for the backlash :)
Does anyone have a timeline of sorts put together that they could share for us to get stickied? With key court dates, etc.
I should, but admit that I don't :(
If you do and willing to share it may be nice to have for all to see.
We gonna get a power hour push to close green?
The one about the IPR denial? I read it, yes
Consider it a gift?
Can someone post L2?
Great news!!
I go in one morning meeting and I come out to find 40 mil volume?! Holy cow, this is going places today!! Morning selloff always feels so sweet in the afternoons!! 3 cents today?
Also, saw the IPR PR... sweet!!
You're adorable
Sourced? Or personal opinion? I dont suspect a PR for a few more weeks.
Hope I'm wrong!
Anyone see that Three of the companies being sued by SFOR got their request for IPR denied? And one of the other companies agreed to settle last Friday (paperwork due to court by 10/27)... 7 suits total... check out the SFOR board, interesting times!
That's a good question. Anyone remember how long it took to get Microsoft money?
We need more power to this hour...
We know you aren't giving her all she's got, captain!!
Makes sense...preciate
One this morning from strikeforcetech... said something like... "don't forget IPR outstanding, large percentage get upheld"... or something like that.
Okay, that makes sense. But, if their IPR is upheld wouldn't the other companies just do the same?
Or am I missing something?
Sorry...
Yep, I know it's a possibility... won't I don't have a good understanding of it what it would look like if it happens.
Could other lawsuits still continue in some form or fashion or are they just dead?
So, what happens if IPR upheld - SFOR Twitter seemed to caution for that...??
They're trying to push it down again...
Meaning, they're putting large chunks on ask... or large chunks are slapping?
I have streaming quotes but not L2...
:(
.017... next leg up now!?!
Fulfilling...
Dude, just let him self filling prophesy this bad boy all the way to $.30... :)
Yeah, I was gonna say... my millions still here. Just added more in fact :)
Nice, thanks!
Source? What did I miss?
SFOR settlement announcement filed... could get interesting.
I think the PP price is set at .035 regardless of current PPS... unless I missed something.
Looking forward to reading that somewhere
Ok, that'd be good. That's just not what has been communicated yet...
Just going from this:
"Once the fundraising closes successfully, FNHI will register the securities, allowing shares to be freely tradable potentially sooner (not guaranteed)"
Could easily have missed something else. Also, thought it said in the company deck on the PP website something about them only being restricted for 6 months if the subscription wasn't filled to the $1mil goal.
Thanks for the welcome. Been invested for a couple months now :)
And immediately freely tradeable it seems... not ideal
I thought I read somewhere Rossi said pricing would be higher than current SP... hmm.
TORONTO, ON--(Marketwired - September 26, 2017) - Franchise Holdings International, Inc., the parent company of Truxmart LTD Inc., (FNHI), an innovative manufacturer of high quality, functional, and aggressively priced tonneau covers for the light truck market, has announced an exclusive private placement under U.S. rule 506(c), offering of a maximum of $1,000,000 for inventory and revenue development. Once the fundraising closes successfully, FNHI will register the securities, allowing shares to be freely tradable potentially sooner (not guaranteed). (All amounts in U.S. currency)
For accredited investors only, the private placement offers $0.035 per share with a $0.07 24-month half warrant.
"This placement is being offered lower than the current FNHI share trading price and is hence 'in the money' already," said FNHI CEO Steve Rossi. "We believe it has many advantages and urge those interested in the company to take action by visiting www.investfnhi.com to subscribe."
The placement also is paired with several attractive features in that the company:
Guarantees to be current within 2017 and remain current in its filings
Expects profits within 12 months, estimating $600,000 - $1,000,000 in potential earnings.
"The demand for our products is becoming overwhelming. With this capital we intend to scale revenues to $5,000,000 within 12 months, a 733 per cent increase," said CEO Steven Rossi. "Our projections also include $50,000,000 in revenues within 60 months. It has always been our plan to scale up for major global growth on a sound financial footing, and this private placement permits us to move closer and closer to that goal."
The offering will close upon successful placement of $1,000,000. Due to expected overwhelming interest, Rossi urged accredited investors to subscribe immediately. This is the company's only offering planned in the foreseeable future.
"FNHI and Truxmart have already built and tested its business plan with the highest-risk capital," said CEO Steven Rossi. "With four patents, five products, customers, orders, and demand across North and Central America; sufficient capital is the missing ingredient in an highly promising recipe for revenues and earnings."
Again, accredited investors (personal or business) are encouraged to visit www.investfnhi.com for subscription and investment information.
About Franchise Holdings International
Truxmart, Franchise Holdings International's wholly owned subsidiary, was founded in 2011 to take advantage of the limited innovation provided by existing tonneau cover manufacturers. Tonneau covers have remained much the same in price and design since 2005 with one main company controlling a majority of the tonneau cover market. This dynamic market segment is in need of a new innovative manufacturer of high quality, functional, and aggressively priced tonneau covers. Truxmart has developed multiple products for all of the most prominent pick up trucks available in North America. Details of most products can be found at www.Truxmartcovers.com. Truxmart sells its products through master warehouse distributors, dealers, and online retailers in Canada and the U.S.
Forward-Looking Statements
This document may contain forward-looking statements, relating to Franchise Holdings International Inc. operations or to the environment in which it operates, which are based on Franchise Holdings International Inc. operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Franchise Holdings Internationals Inc. control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Franchise Holdings International Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.