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Uncertain on that I have to read the rules but Rosdi will have the fins ready prior.
Yes I'm getting my new tattoo tomorrow
One buttcheek will say Honest and the other will say Rossi with a wad of cash on the valley in between lol
$FNHI
He'll need to release the Audit to raise funds thru a 506 offering. The gunpowder funds will only be available upon CSE listing which , as Rossi pointed out, could be months ahead.
I believe with audited financials and a PP offering thru Reg D 506 , we can shorten that time frame and sign some deals sooner rather than later.
We are primed boys, our day is coming soon.
10-4
Yes sir big breakout coming
I hope that answers all questions as it relates to the share structure. We should see the 10k by next week in my opinion.
Impressive email , had to read it twice to make sure I didn't miss anything.
Yes that's correct
The Doc should apologize to Rossi imo, makes a good point if the OS has been 110, then we all must assume that's the float, the company has nothing to do with shares that were issued back in early 2017.
Just a beautiful response.
Dam kickass email
NAPA makes way more than that. I think the fact they're having this meeting is good, it means they can reach out and hopefully sign a contract and sell their products.
Well given the fact that he will remain majority voter, in a situation where the company becomes valuable or a buyout becomes a likelihood - he can always re-issue himself commons as compensation.
From what I understand, his commons were useless in that he had no intention to sell them now or anytime soon. So he plans to cancel them and in any situation like the ones above, he can re-issue as compensation.
So it is a good thing as it will make our OS tiny. 12xM plus any dilutive private placements.
Yes you are correct.
Not yet because Rossi still hasn't completed the retirement of his 100M shares. That process begins after the 10K hits.
So technically the OS is approx 223M until the above noted change takes place.
Rossi will retain 12M , which will leave the public with approx 110-111M
Beautiful close guys!
Lol reminds me of a zombie apocalypse
This volume is irrelevant. We're strong here.
When the K hits everyone will sing the same tune.
Ok buddy
I would agree that stock might've been issued in Q1 but it's not much and the OS excluding Rossi s shares remains around 110M. , What is clear is no stock issuance has taken place since Q1.
That's not what you said yesterday and I quote:
"It is obvious what is happening here. Rossi needs money to the day to day, and, to pay the auditors, and, is pumping the PPS with good news, to generate enough volume to dump shares. "
But now you're saying he issued some shares back in Q1, however yesterday you stated he needs money day to day and is pumping and dumping.
Day to day and Q1 are two different things.
The CEO has not issued any stock in Q2 , that's key imo.
No one is forcing you to anything, you made it sound like the company is actively selling shares , which has been disproved. So now you're saying the company issued shares in Q1? That's not breaking news- everyone here knows majority of volume stock issuance was in Q1.
"Issued and outstanding is the same since early this year. Not one new share has been issued."
CEO tweet
So whatever shares were issued were issued at the beginning of the year around the time conversions took place, nothing new. None!
Again frivilious claims, not a single share has hit the market since Q1 . What part is hard to understand? The Q1 or the part about a single share?
I won't hesitate to defend the company and Steven Rossi against frivolous accusations, and I will do it here and on L2 with my money.
Yes sir we support Rossi and most shareholders are united in that. We've had delays in the audit , the guy apologized and is working his ass to correct this. No dilution, zip. Zero. None. He is giving away his majority stake in lieu of preferred shares.
Not to be disrespectful but your claims are becoming very suspicious - when the company has come out thru multiple avenues , publicly and private, and DENIES they have issued or SOLD ANY shares - and you just ignore that.
Ill tell you who's selling the top of the channels. Retailers are. and I already showed you guys one who stated he sold 20K worth because he didn't think the gains would hold without the filings.
He did write a "letter" you just refuse to believe him. That's not his problem.
Do you read? The company came out publicly and denied these accusations. PERIOD. It's probably your crew thats selling rather than the company. I also pointed out retailers who admit selling the top of the channel.
He does.
Dam right
exactly he clearly sees an opportunity , it's hard for him to go meet with the big boys because they'll ask him, do you have the inventory to meet our needs?
funding now provides him that capability.
If the PP amounts to 20M shares and the funds increase the Revenues substantially - this is not a concern. If we sign a big contract, the extra 20% or so restricted shares are a needle in a haystack imo.
I'm certain of this. No 506 offering without fins.
I agree
Cup and handle formation FNHI. Mr. Moniology thinks it will break .10 and trade as high as .20 on the next move.
CDEL is used by most retailers here, so as I stated previously - its a combination of some jackasses who have been working the channel(s) for months, preventing a breakout, and then the flippers who hop on without understanding what FNHI does or what the future potential is.
The fact remains , the float has not changed a bit.
I've taken many shares from these sellers myself.
It'll probably be between 250-750k , and I'm expecting the offering will be at 02-03 . This is a good price. The restricted stock will be dilutive but the revenue return will be well worth it if we can hit 5M on just that oferring.