Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Ask me if I care? I've added nearly 2 million last few weeks, I can add millions more.
Not here for the 10K. Truxmart/ WorkSport will succeed in my opinion, any price fluctuations here on 500k volume days will have zero impact.
Second round of adjustments at the auditor as of Thursday noon, they may or may not have worked on it Friday. Expecting third round by tuesday-wednesday. 10K could also be approved on this round.
All in all we're making progress , no negative or positive post is going to change day the 10K will land.
Taking advice from warren Buffett and buying everything I can. Especially these low volume days.
CEO:
"No comment on Mr. Trump. There are no smoke and mirrors with me. I know what we have here and I'm not about to sell it for $0.04 or $0.4. "
Rossi is going for the prize, and you fucking bet I'll be next to him to collect that big fat check.
"My profit will come from revenues. Not selling bits and pieces of what I kill myself to build. I don't even have a brokerage account!" - ROSSI
Except that we're in second round of comments, last year we had three. So he would be correct in saying imminent.
He has no reason to string anything along. Final stage doesn't make weekends and lazy accountants disappear either.
The 10k will hit soon and people will start looking forward to other stuff. I and many others will be here to see the whole story unfold.
Rossi isn't selling or pumping, no reason to make arbitrary dates. He really believes what he says. Sadly he learned not to give his opinion as much anymore. He's not your typical CEO, he doesn't understand the "game". Nor is he here for it.
Building this for the longterm.
"Too many have been on the pump side. So all are sceptical, I get it. Save it here. I'm building this thing for the future." - ROSSI
Here is Rossi's email to you three months ago promising you no deadlines, obviously as the audit is now days away, he has become more vocal about giving estimates:
"Good day, Rose –
The auditors are working as fast as they can but they are mandated by PCAOB and need to make sure that upon their approval to post the audit, it meets all of their own mandates to avoid any sanctions.
Haynie has been doing our audits for some time. They are a smaller firm but they are extremely diligent and make sure that everything is 100%, not even accepting 99%.
Our financials have been audited since our reverse merger into FNHI in 2014 and there have been no mistakes on their side, a fact we all take pride in.
I expect to have our audited year end financials out ASAP but I don’t want to give my own estimation only to avoid any disappointments should I be wrong where this is out of our control.
I’ve said before but we, more than any shareholder, wish to be current and progressing along our path to growth.
Warmest regards,
Steven Rossi
Truxmart "
Ok sell first thing monday I'll buy all your shares.
Round two comments were at the Auditor atleast by Thursday Noon. They either approve or send back for third round.
They may or may not have worked on it Friday.
Did you forget that the whole audit is contingent on the accountant and how fast they can reply to Auditor questions?
You're sounding quite desperate.
He told you what he believed to be the case at the time. If you don't buy that then move on. I'VE added approx 800k shares last few days. I can add millions more. Good Luck.
Special message from Rossi:
First – if you (anyone reading this, not _____ in specific) do not trust me, my company, how I answer questions, or my direction of the company of which I am in charge of – sell all of your holdings in FNHI at the first moment available. I certainly would never exchange my hard earned money to own a piece of something controlled by someone I believed to be a liar, or simply did not trust. Then do not look back. There are thousands of great publicly quoted companies accessible to invest in. I know that this comment seems harsh, but I say it with love. Life is simply to short to spend speculating, mistrusting.
Just ignore him he's luring you into BS arguments that have nothing to do with reality.
Rossi statement about the delay
Stop acting like he hasn't explained a hundred times why there is a delay.I will share this from a while ago
ROSSI:
"I will say audits are a lot more work than anyone could ever know, that has not been on the ground floor of one, in the past. Its so easy to point fingers. Yes, ultimately I am in charge and I accept blame and fault for any issues we have. I do not mind that at all. I do, however, like to explain WHY there are issues. With audits there are so many professionals that we hire to do work. Accountants, Auditors, Legal, Filing…etc. Every time there is a problem or question the “ball” gets kicked around to each one of these professionals and whats important for FNHI or our shareholders, may not be the priority for one of the professionals. Auditor says “can you please re-send the financials with A,B,C done” that has to go to us, then to the accountant, then back to the auditors. Yes, that can all happen in one day, but usually takes one-to-three days per professional (per question or adjustment). Now multiply that by dozens and dozens of questions. That gets us to exactly where we are, today – months late.
I’ve learned a lot from this audit (above what I’ve learned from the other three years I’ve had audits done) – and we’ll improve. We have no benefit from being late and we’re going to work harder and faster. As Trux / FNHI develops, our reporting and filing will, that much you can rest assured of"
Yes we should be good moving forward
I know of the deadlines he mentioned, I know he went on twitter publicly and said days a few weeks ago.
But I also know Rossi, and I can attest he's not out to lose credibility. He was under the impression this would be done sooner. I'm not talking out of my ass , there are personal conversations that make me certain of this 100%.
I trust Rossi because of his character. The fact he was wrong on the 10K is meaningless horse shit to me.
Still no evidence for either, compared to last year's audit we are three months behind. Also no one suggests delaying a 10k because fall has better Otc money, that's just ridiculous.
In any case though, looks like it's a wrap - second round now.
Lmaoo so which conspiracy are you sticking with because you have pushed both of these nonsensical ideas:
1) Rossi intentionally delayed the 10k for the fall
Or
2) The delay was due to bad book keeping
Not for the ridiculous reasons you are espousing. There is no conspiracy here. It's a damn 10K lol
Rossi is a novice when it comes to the OTC, guy doesn't even know that OTC money is bigger in the fall.
Yet again you cite no evidence. Absolutely none. Pure conjecture. Reality states otherwise. The head honcho was blue sky compliant in 2016. The accountant manages numerous companies and failed to address things in time.
The 10k will be completed and quarterly filings will be done as well. We will be blue sky compliant again, Rossi promised this 100%
SRT we won't have this problem next year
I suppose the silver lining in this delay is our catalysts will hit during fall , which has much better money flow.
Second round already at Auditor , two things will happen:
1) Approval to file
2) Third round comments - which should be minor.
Chart looking ready for anticipation again, it's oversold.
Kicking ass over here Paul $DRYS
Rossi is going to deliver big time here and all the little bitches sending nasty emails to him will sell to real investors who will take this stock to multiples from here. Happens everytime.
Rossi if you're reading this we love and support you.
ALL THE LITTLE BICHES GONNA BE CRYING SOON AS WE WALK THE TALK LOL
There's going to be some millionaires here Imo
FNHI is a strong beast , name another stock with a delay like this that has held up so well? Once our eggs line up hold on to your seats.
Rossi is a class act,he's on a different tier compared to any CEO in this shithole. Defintely some losers here who can't see the light, and make ridiculous accusations like Rossi delaying the 10k until fall. WTF ARE THEY SMOKING TO SAY SHIT LIKE THIS??
Exactly Rossi is doing everything he can to finish the K , he knows the K is delayed lol we dont have to remind him every five minutes.
The nasty emails to Rossi need to stop , if anyone doesn't believe in the vision that he has , he/she should sell.
The K will drop soon no doubt.
Looks like nice bottom forming here.
Sorry I meant Paul (from gunpowder) was appointed chairman of the board , which is even better.
Guys the only thing I'm really looking at right now is the market cap. This stock isn't rocket science, FNHI could be selling hot dogs instead of truck covers, I personally don't give a shit - it's all about revenues. Give me 5M revs 12 months from now and we're talking about X 5-10 book value from This level. Keep increasing those revenues and chaaa chinnggg.
In all honesty though, truck covers are hella cool.
At 50M revs, Truxmart could sell for 300M-500M kabaoamamamamommmmageeee lol
No convertible debt, and no or very little debt, now tell me how this shit isn't investment grade?
2020 here we come biach! Truck Hero you're toast.
Let's clear up something here ,
Rossi said that he wants to raise funds at .10-.14 , and as part of that the investors would receive warrants at that price.
First the initial PP shares are restricted and the warrants have to meet the exercise price set ( could be set high Imo) if the exercise price is met, those investors can convert at .10-.14 and that money would go to the company (an added bonus)
Someone asked why would anyone invest at .10-.14 when they can buy this at 04 , 05 etc?
Well Rossi anticipates that price will go up atleast to .10-14 short term after filings (and remain there)- at that point it would make more sense to invest in the PP because you get a bonus, warrants!
The warrants will have an expiration date however. If they don't get exercised and expire, they'll be worthless.
Ok hope we're on the same page.
Hey Buckboy good evening ,
From what I understand the Gunpowder 500k will be used similiar to a line of credit. I don't see an issue with using those funds for inventory in addition to any funding from the PP. Also as a side note , Gunpowder will receive 3M shares within 5 days of CSE uplist and then 3M after 3 months.
Having Gunpowder executive on board as our CFO tells me the relationship is longterm and Gunpowder sees long term value in FNHI.
OTCm
64% of the volume today were my buys. 10K will be filed very soon. Literally the last few days Imo.
OTCm out!
Glad ur ok , see my update the revised 10K has been submitted to the auditor. Let's hope next week is it.
It took the auditors two days to send the second round back to Rossi , what you're saying isnt correct. Most of the delays have been on the accountant's side. Rossi also stated each round becomes faster.
Let's hope so it's about time we get this wrapped up.
WOW THAT'S HUGE!
YES WE MAY SEE ONE MORE ROUND BUT WE'RE MAKING PROGRESS 2 ROUNDS ALMOST DOWN. IF WE GET APPROVAL FRIDAY OR NEXT WEEK , IT'LL POST.
EVEN THOUGH I SAID NO MORE UPDATES, HERE'S AN UPDATE FOR YOU GUYS:
''FS and K draft combined, revised, and submitted to auditors''