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I honestly expect that if he does release it on time he'll wait until early next week. Dropping news on Thursday or Friday typically doesn't elicit the reaction he would want.
Well, we confirmed both officers in China were at a HUGE big money gathering (presumably a business deal) earlier this year.
Based off the size and scope, if that had anything to do with our deal, then we'll see some very strong price correction when news drops.
We've confirmed it through participating parties.
The merger isn't public information; we found out through other means. I doubt he can refer to it at all right now, especially while they aren't current.
SEC frowns on a bunch of PRs before significant news is dropped, so I doubt they are of the mind to say anything anyway given how close they are.
Doubt he'll chime in on a Thursday or Friday.
People have cited several on here that went well past a dollar.
I think the largest company we've found would put us at around ~$5.00 marked-to-market.
Still an insane number!
My fantasy target is $1.00. If it went to like $18.00 I'd be done using the petty word "want" in life.
To be fair, Frack and Lee aren't in the same pay grade. Look at their history and accomplishments. Lee's vastly overshadows Frack in scope and scale.
You can depend on the factual matter he told me that information. Whether or not it comes to fruition is beyond my capability to affirmatively state.
The 8-k's and more officiated PRs will be of more validity should they come. I believe we can all agree on that.
Bud, take it up with him. I didn't get a terribly long phone call in because I wasn't expecting it.
He said we'll have the audit date within a soon timeframe I won't disclose. Based off of that, we can assess further.
Morrison caused the complications for the delay.
We'll gauge his credibility off the 8-k's if they come out.
David told me he's aware the silence is unfair to shareholders and they deserve to hear from him after all the lies he's told them. He understands everyone's frustration, but he's fighting the good fight for us, and it's coming to a close.
Spoke to David just now. Details can be found elsewhere.
Short of it is planning on having 8-k's out this week.
Change in auditor
Will have auditing date to us soon.
Pushing out Smith and Morris, but they'll be paying their way out putting us at a net gain of $1m this year on our run rate. Extra funds and time will be allotted to replacing them with better subs.
Today is a shareholder contact day if anyone wants to chat with him. He has nine people to chat with after me.
Patiently waiting to make one of the biggest turns of this year.
Cosmic, how was David's sentiment regarding all of this?
We'll see; it could simply be a reinvigorated retail trader.
I need to know more information. Morris has their doors closed? How will that affect audits? The company? It's their biggest breadwinner after all.
What's David's opinion on it? Is he thinking "I don't care; I'm looking into other companies," or "We have to salvage whatever we can from this sub, even if it means we compromise"?
I was told Simmons left because IFCR could not afford him. David told me everything was on good terms and that he still remains around for advice.
Speaking of TJ, I saw he posted that he spoke to Frack today. Look through his post history if you're interested.
The company has been this way since before everyone else showed up? I bought this several months ago and Frack communicated with us it will be a bit of a wait while they finalize. They've spent thousands putting those financials out, and TJ confirmed with Frack a week or so ago everything is proceeding as planned.
There hasn't been a PR for a LONG time, so expecting one regarding a subject they can't address publicly yet is a little silly, IMO.
We have two subs refusing to release information for audits?
Thanks Cosmic, I appreciate the effort in getting ahold of him and sharing. The wait continues.
If he isn't allowed to talk for some reason (buyout or what have you) then he may've closed off his voicemail to avoid building up phone calls he can't currently respond to.
No idea if that's the case, but just hosting the possibility.
https://www.linkedin.com/in/davidnfuselier
Still showing up for me.
Spent an awful lot of money on those filings to be playing with us.
Yes, Maz already confirmed to us it's just an MM trade. Typical prices will resume with the next buy.
Very odd. I'm showing it too. Can't be a reverse split because one isn't filed.
I'm not personally sure.
Good post, ForReal. I appreciate the comments.
I'm interested in what your opinion is on our situation, ForReal.
I'd take that.
Though, it would greatly help for him to pick up the phone for like five minutes. Would lessen concerns considerably.
The silence concerns me because the reason doesn't add up. Because it's not public information? When has what he told us over the phone ever been public information?
If what he told you is true, I expect something substantial this month.
If not, I may end up an involuntary long-term shareholder in IFCR.
Slow down bud. One example of such with ample warnings from David. When you put ribs on the grill and burn them with a new recipe, you don't quit making ribs because of one mishap, nor are you destined to always burn them.
Never been in one either. Fundamentals are sound with the filings so far, and the people at the helm have strong rep. The strong potential is the only thing holding me (and I wager most of us) in.
I never said they had a deal. I said they were in agreeable terms. Meaning the SEC was made aware. Because they were instructed by the SEC to reaudit.
My point being they're up to date with the circumstances. I'm not saying this antes them any leniency, but it demonstrates the SEC is knowledgeable of the situation.
Only one company has been delisted today and it was regarding four years of questionable filing reliability. It was added that not having updated filings since 2015 furthered their suspicion. In contrast, David and the SEC are both in agreeable terms regarding the audits.
Boreal Water Collection, Inc. is the company.
Let's not distort facts here.
Which company was delisted?
I left him a voicemail a few hours ago, but I believe we'd see greater progress if more of us called, myself.
If what David told Hub is accurate, we're still within an appropriate timeframe, so I'm not worried as of yet.
A very interesting question. In short, no.
In long, let me compare and contrast. David Fuselier and Dr. Alexander Weis differ greatly along one simple divide: communication. I have verified with David's auditors, with one subsidiary, with countless registrations, and with David himself on various structures of this company. Specifically when I speak with David, he chats with me for near an hour about all facets of the company. It's because of these hours spent that you start to see the human side of the situation, because no one can front professionalism forever. David told me both himself and Hank have forewent a salary in favor of shares to aid in mending the company. My last phone call elected the information that David was close at hand from closing some acquisitions, debt had been further reduced, audits were neigh done, and that they had a very hefty bank account currently.
You may find this information alone weak, but I remind that on several occasions this year have we mentioned our phone calls, and on several occasions have PRs confirmed our claims.
In closing and as for Weis, I cannot say conclusively Weis has shut doors on his shareholders. I can only wager a guess that he's trying to sell the shell, but he would always dismiss my phone calls.
Now, I'm not veiled. I realize any company and CEO can be a shame. Look at 2008. But, intuitions can be both faulty and seasoned tools for an investor. The best people in investment can ultimately be sized up in their abilities to read people as well as businesses.
I confirmed through the auditor several months ago that they were being processed. That's about all of the information I have.