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I am a shareholder but just for the sake of conversation, with 8 billion outstanding shares, how can the company be valued at $800,000 currently with no business plan? I would love to see it jump to $0.0005 but that would mean $4.5M in market cap. Better be one hell of a business plan for that valuation, but it is possible. I took a small starter position to keep this on the radar but personally I was waiting for the RSS in order buy more. I figure 1000/1 would set us up for a good launch but the expansion of the authorized has me confused now.
Great to finally see movement. Hopefully the pieces fall into place soon. Looking for a 10 bagger here!
I think it is pretty clear that we have one big seller that wants at least $0.028 for the lot. So once we churn through that stack then it will start the next leg. I just wish I could get them all for $0.028 right now.
Went away for two days and missed two good opportunities to get low 3’s. Won’t be many of those in the future.
I’m hoping for one more pair of investors to fund another shipment of inventory. The first sparked the flame. GP will be next along with CSE so that will be the next shipment and then we could use one more block of like $200,000 to light the keg. With those three pieces of funding Rossi can continue to rotate the funds every 4 months (order, ship, fill, reorder...). After that we are on auto pilot for growth. Then the contracts with the large distributors start coming in and we should be around $0.25 or higher by then.
Does anyone understand the $0.04 trade the other day? How can that happen with Ask which are lower? Was that some sort of MM signal?
How much did they acquire the security company for?
The problem with waiting for the news is that you will need to pay far more than the basement price at that point. Some people play moment and don’t want the money tied up. Those of us with day jobs can’t be watching every moment so we take risks like this.
As far as why we are at $0.0001 after decades, well the business model changed several times. Currently there is no business model. So I’d say the price is right. Shell games are high risk, high reward.
Why do people still think Rossi is diluting to any great degree? The number of shares is very transparent. We would be sitting on far more shares if that was even remotely true. Please do a little more research.
Now as far as stock price right now, I see $0.026 as the handle on the cup. Pretty solid foundation. Once we see continued revenue growth we will start the next leg. Why would someone sell at $0.026, well more than likely someone that found another play elsewhere while we wait. They likely got in around $0.02 or lower and are taking profits. Not like it is millions of shares. This is still not a bad entry price for the next leg.
How does one buy under $0.0001? I would be interested in 100M if I can get them for a fraction of that.
Crash? On 50,000 shares? I wouldn’t exactly call that a crash. I’m just as confused about why people hit the bid at this point with everything lining up. I guess they don’t like money, but that is their prerogative. Now if we start seeing millions of shares traded on the bid then we might need to ask the boss but for now we just gotta let the story play out.
Up on a down market day...things look good. Sellers have dried up and those watching are quickly becoming believers. The tides have turned. It is go time!!!
MM take the morning off??? Hard to believe that there are no trades to match.
Can we do a million today? Nice volume!!
QB benefits won’t kick in for 6 months maybe more. The funds which invest in micro caps will make the big difference. They do not turnover more than quarterly so it may take two quarters to get recognized. All we need is a couple of those and we will move by penny’s instead of fractions. Revenue increases will gain their attention so looking forward to the next two quarters to solidify the growth story. Let’s be honest, we are all wishing we had gotten more of the 1’s but those days are over so now we settle with 2’s before the 3’s are locked in.
Coil continues. My guess is about 3-5 days to reach the apex and then we should move...but in which direction is the question. Wish there was an option play here!! Either the STOP comes back and we plummet to $0.01 or revenues exceed expectations and we fly through upper resistance to the next resistance. Very exciting!
I am surprised we have not retested the $0.03 resistance following the branding news. I guess the looming delay in the Q is the cause. Or perhaps we still don’t have enough eyes on FNHI. Or perhaps the common retail investor just doesn’t understand the magnitude of that news when it comes to US sales. We can easily double revenues in the first year as soon as those gates open. Triple is within reach as well.
Is the million ask at $0.0274 real? Has anyone tried to take a significant chunk of that? 100K+? Seems fishy. Why are MM allowed to do this?
$339,000 in revenue is not bad for 6 months for a start up. Looks to be about one contract away from break even. Anyone know if the 10M shares from Note 3 are restricted? Is there even a market for those shares?
Must have been a glitch. Still holding my lottery ticket on this one but not holding my breath. I won’t be letting any go under $0.0005.
Yesterday there was over a billion shares on the ask at $0.0001 and today the ask is at $0.0002. What happened?
At least the large seller at $0.027 appears to be gone. Only 30,000 shares dumped into bid. Nothing to be too worried about. Awaiting the Q...again!
We are stuck here until the Q drops. Some folks just can’t take the risk of him missing another deadline. If he does we can pick up more under $0.02. If he hits it and the revenue growth is there then we blow through the $0.03 resistance. Hence the coiling pattern forming. Two weeks and we should know which way we are heading.
Contracts as of now are restricted to the Texas area. Once proven then expansion plans from coast to coast would get us back over $0.25 (net value). Then net profits and we could hit $0.50. I always hate to guess $1 in the OTC but the potential is there post split. Dilution is a risk. We just need the game plan to move a little faster to avoid mass quantities of dilution to find the growth.
I couldn’t get any GTC AON today. Missed a nice pullback opportunity there. Must have been one person that wanted out pretty bad.
Averaged down. This one will require patience but they are a first mover in a necessary market. We are in the proving period for their product which is extremely risky but the reward could be 10x easy. Know what you own.
I think this will coil/pennant up along the resistance level. There are a lot of people watching right now to buy the dips. $0.021 is a large entry/reentry point. Yes, missing the Q would disrupt the pattern and cause a drop, but otherwise the story is still in tact. Should tighten around $0.028 until Q and if we show a large increase in sales then we break the resistance and head into the 3’s.
Will we get to million shares for the day? Interest is picking up.
Solid day here. No reason to sell at this point. Probably some profit taking, but plenty of room to run. Break that $0.03 barrier and we have liftoff!
If someone wants out under 2 cents then I’ll take them all. Seems foolish on the brink of the next moves. Does seem to be more than profit taking because there were not a lot of shares available around a penny. I guess some people settle with the 25-50% profits. Profits are profits but I couldn’t stand watching it go to 300% after that.
I should have said within two weeks, sorry about that. I’m not smart enough to know exactly when a coil will reach its end but I was judging by the number of days leading into the coil and the rate at which it was tightening. There could be people way smarter than me which are accumulating leading up to the uplist. So yes, it is likely to move on the catalyst more than just a chart pattern.
Coil forming. Breakout likely in two weeks. Consolidation around $0.025. Uplisting should provide catalyst. Strategic PR from now to then would be proper. If contract with US distributor follows uplist, we could see $0.05-0.10.
I see this as a pump that needed to be primed. Their product is legit. It has had small sales in Canada but no funding for growth. Big distributors won’t put a companies product in play if there is a risk of not having enough inventory to fill orders. FNHI acquired the facility to house inventory before the other pieces of the puzzle. Then they acquired the connections to do the manufacturing volume. Now they solidified the funding to prime the inventory pump. Next they will sign contracts with major distributors in the US, then Mexico and so forth. Revenues will grow in multiples over the next few years. The company just needs to avoid dilution and the valuation will catch up. I’m actually glad this is not a day traders paradise. Slow and steady is fine by me.
We will move sideways for a bit while we churn through a million or two shares of profit taking. The momentum is building. Going to be an exciting 18 months. I’m good with slow and steady steps upward. I’m banking on Rossi despite his rocky track record. I smell opportunity!
Could pullback to 0.02 before next leg. Order in.
Still trading within the short term channel. Not worried about this retreat. Most have a pullback before the continuation of a run. One person might have punched out but a few others bought those up. They are going to want to add to their shares so we will break the resistance eventually.
Things are about to get interesting!!!
Who would sell at 25 when they can easily get 27 maybe 28???? Seems fake IMO. Looking for loose hands?
No shares for sale at these levels. Next piece of the puzzle puts us into the 3’s easily.
Out of 28’s. Time to walk it up