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Intriguing idea. But I do believe he needs all revenues to be put back into inventory for the foreseeable future. The great increase in sales requies a lot of capital so dividends will not be possible without curtailing sales growth. Imo.
I think the other poster was asking about confirmation of buy back of shares. But thanks for confirmation of merger.
I believe 8 people got confirmation from the company.
Maybe not on buy back, but share retirement has happened. Even a hundred million shares in one case.
Not true about all ceo's are greedy. Steven Rossi is not greedy
Agreed, time to buy
Because it is above market price.
And the way it is written it is very unlikely
This is not bad news, it is good news
You always need to dilute for equity financing. The difference is that it is not toxic and especially important ut is above market price
Look at new news, Tony Anish explains it all.
It all depends on each investors own criteria of how long they should wait for a return. I personally use several criteria to make that call.
If the potential pps increase is great then I tend to wait longer and if the potential is minimal I tend to shorten my wait period as time is money.
Also, if I believe that the potential has a very good chance of being reached vs a real long shot, I will wait considerably longer. How much longer has to do with the aforementioned increase in pps potential .
In the case of FNHI, it has such a large pps potential, combined with good and honest management which has made many good improvements over past year, all while getting interim financing. Also filing for Canadian Stock Exchange which will be followed up with real financing .
So the bottom line here is waiting a little over two years, (so far), for it to blossom is absolutely fine with me.
Do I always give every stock 3 to 5 years, no. This one I will. Many times 2 weeks can be too long. Lol, even 2 days is too long in some cases.
Fnhi, in my opinion is an especially great investment, the key word is investment, it is not a play.
Good Investments usually take much longer than plays.
First off he is not always wrong on time line.
2nd, his time line for cse listing is based on the normal business practice of the CSE application process. It is only an estimate, based on CSE guidance. It is not in stone. Only some have wrongly declared it in stone. There is no if Rossi misses it, it is only if CSE misses it because they need more information.
Apparently some believe that all dates are absolute in business, they are most often only guidlines. In this particular case, Rossi nor FNHI have any say when it will happen, only CSE DOES. FNHI only put out a date to give shareholders an estimated date based on past CSE performance, not as a do or die cast in stone drop dead date.
CSE listing will happen. Maybe not when you or for that matter when Rossi wants it to, but rest assured it will happen.
I guess you don't get it.
Spot on. Those that understand the opportunity will make a good profit. Those that don't understand what you are saying will make nothing.
Very nice reply - agree with your assessment. It can't hurt.
Also, the most important part here is the bottle actually going into the bag. Assuming that really happens, it shows that Tony Anish has some pull in the right places. Which, although no guarantee of success, it is a good sign and maybe something good will happen because of it.
At this point no one can tell if it will or will not make a difference but time will tell for sure. For now I see it as a positive step in the right direction.
I have been loading for awhile and will continue to do so.
Absolutely 100% correct.
Looks like it is one of the best if not the best stock in the otc. Please do the much needed dd before saying fnhi stinks, no one may ever see a better deal than what pps is now.
This is a buying bonanza.
Agree
Nice post, nice info and great dd. Really appreciate hearing good news. Thanks.
That's because you have not posted in at least a week. Not sure why you asked about 13 hours when you haven't said anything in over a week???????
While waiting, adding maybe beneficial. A lot has happened here, we all should be rewarded very well in 2019
Couldn't agree more. This such a good deal right now. Buy what you can afford, but Imo, buy!!!!!
Very thorough post. Nice work
Please read my other reply. Rossi did not mis-speak. It was a misunderstanding on your part.
Because he has no shares he can sell has nothing to do with shares he owns. This is an absurd discussion as it means nothing in the course of business.
Everything is true here and there is no reason to spin it into something wrong.
I think before you post you should read it carefully. He may have said he has no shares to sell. From the sec filings he has around 11.5 million shares but he has probably never deposited them in a brokerage. If that is the case then he owns 11.5 million shares but has no way at this time to sell them. That is my guess of what you have misinterpreted from his email.
I say this because I remember somewhere else this same thing came up a ways back and that was the answer that was given to someone else.
If that's not the case, post away.
My God man he had 111.5 million shares and retired 100 million leaving 11.5 million.
Please supply proof he emailed you and said he owned no common shares.
Here is link to cc part 2
You will need to close first overlay box. Then scroll down a bit and a play button will be there.
https://franchiseholdingsinternational.com/news/conference-call-january-2019-growth-on-track/
You are worried about legitimate funding? All companies need funding and sell shares to obtain that funding is normal.
The 2018 funding was not toxic. And allowed fnhi to make sales they could never have without it. Please don't turn a very positive thing into a negative. The only way it could have been better would be if someone gave him a million dollars for free. Please find that person and I am sure fnhi will do business with them.
I agree, those shares don't have to be sold. And even if they were it is well needed funding.
I am really sorry that you feel that way. But obviously you are entitled to your opinion.
I too am entitled to my opinion and mine is this is a great investment. Time will tell who is right and whobis not.
https://franchiseholdingsinternational.com/news/otcqb-fnhi-conference-call-growth-company-2019/
Link to cc. It will take you to fnhi website. Need to scroll down about 3/4 of a page and you can play it.
Has a lot of good info. It is only part 1. Part 2 coming in a day or two.
$FNHI is the one and only true investment, real Company trading on the OTC. Soon to be trading on the CSE (Canadian Stock Exchange). With about $1mil in orders with in last2 months, 2019 is looking Amazing
What the saddest part is: - some unfortunate investor with a stop loss got robbed this morning of 250k shares by pure manipulation.
Hope it was no one here.
I strongly believe that you will be happy that you held. It has been longer than expected by all, including the ceo.
Most longs really believe we have turned the corner and fnhi will do well soon. It may take 2 more sec filings for that to happen, but with all the good order news the year end 10k and then the q1 results should propel this very nicely.
Just a little more patience .
There is no skepticism here. CSE WILL HAPPEN. It takes time. He is answering all there questions.
As a stockholder you also should want and appreciate the rules and regulations that they impose on a company. You have many more rights with a cse listed company than an otc company.
If the cse does not help to raise the pps of the stock, it still is worth it to us, the shareholder.
With all the new orders in last two months, soon to be turned into invoiced sales, everything looks good.
Should be nothing skeptical about that.
Its not dilution. No proof of that whatsoever