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Nice! Yeah I'm in for 10 more million at 3's if people get tired of waiting.
I would appreciate if they moved the price down to the 3's!
Nice! I can't wait. Good time ahead for Mr. Manzo and hopefully us as well.
Sell me some 3's TommyDe1.
Only thing bad is you coming up with nothing to say this is bad. What exactly is bad? You obviously have never been apart of a R/M it takes time. Like Manzo has stated he's not going to put out news until this ticker switches over. This thing takes up to 8 weeks to complete. We are halfway there. This should be completed by the 6 week mark. Since that is the normal timeframe from past few R/M options I and many others have been apart of recently.
You do realize all these changes they are doing takes time? Its normally up to 8 weeks we are at the halfway mark. This isn't my first r/m they usally are completed by the 6 week mark. Since they are dealing with two states it might take longer but according to them its going as planned. So by the second week of August we will start to see Manzo talking some more.
That could be said of all CEO's and companies Peggy. That is why we invest. I can't private PM back to you.
Correct and even blue chip stocks do it.
All companies put in a disclaimer. Nobody can predict the future and that is why all companies put that in their PR.
Like they stated in the PR already share buyback plus retiring shares back to the treasury will push this stock up. Followed by good news on products going through testing and future product growth. Which will be later down the line.
First its not going to happen. Since the CEO has already laid out his plans to reduce shares. Secondly a R/S never works out well for investors I've seen them before and they are what can kill investors especially on our level to ever invest in the company again.
Nope it's not true at all. Just someone trying to spook everyone to get cheaper shares.
As a prior active duty Marine. We do not have Marine Medics the medical field is handled by the Navy. Our enlisted medical people are Navy Corpsman who are attached to Marine Units. If he was going into the medical field then yes he would have to transfer over to the Navy in order to do so.
We won't see any new news until all the changes occur usually takes up to 8 weeks to change over and we are only on week 4 as of tomorrow. The last R/M I was in took 6 weeks to happen.
People are starting to realize this isn't going back down anymore. Get your 7's while you can shortly you will be kicking yourself and wishing you did.
Since we are churning and burning like a stock getting ready for big things to come. Anyone want to speculate on exactly how many shares they think will be bought back/ returned to treasury? I'm hoping 2 billion myself would prefer to see 2.5 Billion though.
Yeah I have no intention on buying back into DEWM until I see that they filed their earnings report. Good luck with JCP I had a good friend who bought in at 6 and is holding out until 15-20 range if that ever occurs.
I'll take north of a penny anytime. Hoping we can hit 2 pennies myself. I'm sure he's going to talk about products coming out down the line to hopefully put some momentum being this share reduction.
Thanks for more shares at .0005.
As stated in the PR recently I don't think we see any news until the Name change goes through. Since we have 60 days to wait and normally it takes about 8 weeks at that time I expect new PR along with share buyback occuring shortly thereafter.
Here you go EmptyBones.
Fortune Oil and Gas announces name change and plans to improve share structure
Date : 06/30/2014 @ 9:45AM
Source : PR Newswire (US)
Stock : Fortune Oil & Gas, Inc. (PC) (FOGC)
Quote : 0.0005 -0.0002 (-28.57%) @ 4:20PM
Fortune Oil and Gas announces name change and plans to improve share structure
PrintAlert
Fortune Oil & Gas, Inc. (PC) (USOTC:FOGC)
Historical Stock Chart
1 Month : From Jun 2014 to Jul 2014
MILFORD, Pa., June 30, 2014 /PRNewswire/ -- Fortune Oil & Gas, Inc. (OTCPink: FOGC), today announced that the company has initiated filing for a voluntary name and symbol change with FINRA and the state of Wyoming. The change to Manzo Pharmaceuticals was filed with the state already and the company is in the process of providing FINRA the necessary documents to get it approved. The process has a 60 day deadline, but Manzo Pharmaceuticals feels it will be completed much sooner than that. The company has also put together a strategy to improve the share structure in an effort to get Manzo Pharmaceuticals off ground and moving along the way the company should be.
With the help of market consultants, Manzo is also in the process of laying out a complete strategy to decrease the number of outstanding shares, and even more importantly, the float. This strategy will include buying back blocks of restricted and free trading stock held by former affiliates, as well as buying back shares in the open market. The company is also examining several traditional methods of raising a block of funding to allot to this cause including several types of registrations and offerings that will not unnecessarily dilute the float, which would be counter productive to its cause. He explains, "I want everyone to know that shareholder value is very important to me, and I will do whatever I can to increase the value of this company for its shareholders to the level it really should be."Overall the company is focusing on its strategy for the next twelve months in all areas of the business, not just the marketing and release of new products, but the reduction of shares resulting from past dilution and whatever else it takes to help Manzo Pharmaceuticals provide shareholder value, while bringing much needed remedies and treatments to the people who need them.
About Fortune Oil & Gas, Inc.
Fortune Oil & Gas, Inc. owns and operates Manzo Pharmaceuticals, a specialty pharmaceutical company engaged in the research, development, and testing of patented and non-patented solutions and remedies. Most notably is a patented solution for lactose Intolerance, and a natural remedy for colic in babies. For more information follow the company on twitter at @manzopharma, and visit www.manzopharma.com.
DISCLAIMER: ?This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
SOURCE Fortune Oil & Gas, Inc.
Copyright 2014 PR Newswire
There is no talk at all about a RS to say there is all you're trying to do is scare investors. You can clearly read the last PR where he stated he was going to do a buyback. Quit trying to create drama where there is none to be found. He said he was trying to create an atmosphere favorable to investors. A RS although good for the company isn't a favorable sign to investors.
That's ok i'll pass on handing out my email on a message board.
Yeah its quite sickening.
No I think you're trying to scare the inexperienced investors out of there shares. Like the Fake PR recently by some Joe Shmoe it's not going to work.
They are reducing it. Not sure the exact date when Manzo took control of FOGC but as of 6/30/14 news release they are planning on reducing it. According to the OTC site its 2,685,211,678 billion outstanding. I'll take the word of the OTC site instead of some more drama created by people. Like Manzo stated via twitter any information they release comes from the OTC and PR newswire.
Nobody knows exactly when it was in the 6/30/14 News link you can find up top the page.
I agree with you and that is what I too am waiting on.
I agree a terrible share structure at the moment. The company did say they were going to buyback shares and make it more favorable for investors. But I'm sure you read that already? No? I agree with you on everything else.
It will definitely rise again. Flippers are just sitting here trying to get this moving in one direction or the other. They pop out and try and spook you because honestly that is quite easy to do. You just have to wait this out if you are one of the ones riding this on future news to come. It will come and once it does along with the buyback of shares this stock will soar to new heights.
Why does it need good revenue as a penny stock? I've seen quite a few run on no products and just a whimper of news. Patience is the key here or flip the darn thing like many here are doing everyday.
I don't need to be told I lost probably way more then you did with Flexpower. So yes now I'm a bag holder. Do I need you to remind me everyday how awful this company is? No, Please go away if you are no longer with them.
I'm sure this is exactly what Flexpower wanted when going public. Nothing like raking in the big bucks from investors on an every day basis.
There I slapped the ask a couple times see if it starts to move now.
Most investors here and former ones like myself would feel a lot better if Dr. Moran would release financials. I left a while back and would be more then willing to repurchase if he would release financials. Until then i'll continue to read the boards but no way touch this stock again until that time.
Was there a time frame on when those shorts will have to cover by?
Sorry but Flexpower isn't a penny stock company. Nor will it ever see penny levels ever. The fact they bought into a shell company was the only time this will be pennies.
There is no way the earnings are that low. After having someone test this product and hearing how good it is to the point it cuts down on someone taking medication due to pain relief. This is easily a 50+ million my guess is in excess of 100 million or really close to it.
Either way in for the long haul still waiting for my other stocks to clear to buy more of this. Once we see earnings this is going to skyrocket.
Either wait or open a Fidelity account. Soon as I'm able to free up my money in my other stocks i'll be buying quite a bit more here hopefully. Hopefully its still at these prices or cheaper but I don't see 5 bucks sticking around long as soon as people can trade this they will.
Is Fidelity the only company allowing trades on this then? It seems that way at least.