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Although it is longer than most thought it would take for 10k, imo I believe that osc requests for cse approval helped in using time towards 10k, thus causing some, if not all the delay. It mat not be in Rossi's hands at this point???
No reason other than panic due to late filing.
He can't because it is an unfounded statement. Typical
Next week will bring the 10k and FNHI will be fully current. Then mid may q1 will be out showing increased sales.
This has been a long tough journey but it is about to get much easier.
Everyone enjoy your weekend and look forward to next week.
It will
Those numbers are based on low volume. Fnhi's margins are good. As the volume goes up so will the gap close till profit sets in.
However that being said, if you expect q4 2018 to show a profit, or q1 2019 which comes out in mid may, to show a profit, you are sorely mistaken. It does not work like that.
Sales should keep increasing each quarter and we will be HEADING to profitability, but may not obtain it till near year end or into early next year when q4 2019 comes out.
This is a build of a real company, which is showing real progress, and to keep harping on why it is not currently profitable is not correct when it is headed in that direction. No one doing extensive dd here reasonably expects profit now.
Just good sales revenues as we move forward. Especially q1 2019 and on.
All of us longs have dd'd this thing for 2 plus years and are not worried about any losses from the past. This company has been getting private funding and using that capital to increase sales and build a solid foundation which will lead to profit in the not to distant future.
Remember fnhi has real products which are currently being sold for real revenues in a very strong growing market.
Fully agree, except this should hold most gains
Unfortunately a very misleading representation of what is really happening with fnhi
The only dilution that will ever happen here is normal, non toxic funding where shares are given in exchange for needed capital when need to grow the business arises. And at a fair price relative to the market at the time.
Real nice post. Thanks
Agree, based on your tweets with fnhi, it sure seems so.
Nice job
It means 25 to 30 of us who have spent literally more than 2 thousand hours of dd on fnhi and have concluded mostly positive things. So much so we believe this is the best long term hold in otc.
Absolutely correct
The conclusions are incorrect and based on mostly old news. DD done by many here shows a very different story.
Wow terrific post.
Hopefully all will read it.
Thanks
Agree fully. Not selling anything.
In fact adding when I can.
Keep those good informative posts coming. Very much appreciated.
I think bef71 is trying to say that anyone who is a recent follower / poster who makes a statement that the pps will go back to where it was the day before they obtained a new 100 million plus contract is absurd. And that many here knew this was coming because of hundreds of hours of extensive dd, and that anyone just shooting from the hip and saying a pps of .15 was coming without any new dd should not be taken seriously.
Bottom line is whether anyone is right or wrong, it is better to supply a valid reason rather than just blurting out some random number. Therefore imo bef71 had a right to be aggressive in this case.
As always, your dd is AAA+++
Thanks for update
Agree on all aspects
Same to you and everyone else.
Nice to see you back, it has been a long time.
Very doubtful, but if it happens it will.be for good reason to help make the company grow.
Taken out of context. He means as he further funds the company non toxic funding maybe used. All equity funding has some dilution. But that is not bad or unwarranted dilution.
Did you phrase that correctly?
Is 10k out?
I believe they only publish on market days, no weekends or holidays.
Thanks, good info
From what I can see so far there was no lie here. Only confusion on interpretation of what was said.
Very nice post. Very very very true.
That is because many here have not been through this before.
Filings take time and even when you think they are finished, very often something else happens to delay it.
Patience is always Paramount and panic is almost always a bad thing.
Fully agree
Between .14 and 25 cents isan average of 19.5 cents.
Using your estimate of 200,000 shares, and average cost if 19.5 cents, that would be only $39,000 to get to 25 cents. Imo, chump change if filings come as activity will change.
To be fair to me2, Friday is a holiday for the stock market, so Eow in this case should include Monday reach 25¢ - we shall see.
Please read my last post about processing time with otcm's
I can't speak to whether or not the guy on phone with greg lied. But you can't assume he lied as it is very likely that if filed by 5 pm, that it will not be posted for a day, or two or three.
So just because you don't see it now, does not mean it was not filed today or for that matter yesterday and otcm's has not gotten to it yet.
It really can take up to 3 days before we see it posted. As long as otcm got it before the deadline, the ball is in their court, not vyst's court.
I have no idea if they submitted the filing or not. What I do know is it takes time for the paperwork to be processed and in some cases for them to go over the numbers to make sure the filing is viable. That can take a day or more. Just like the IRS wanting your taxes on the 15th. They may not get to your return for months.
I have seen it take up to 3 days before "we" see it, all otcm's cares about is whether they got it on time or not.
So maybe tonight by 10pm and maybe tomorrow or later.
I suspect if it won't be published tonight, that the company will.put something out in regards to them submitting the paperwork.
Again they may not have submitted anything, but we have no way of knowing that at this time.
Good luck to everyone.
I believe you are more than right.
Very much agree
Agree with you. Lol, best post I have seen for awhile.
Thanls