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I anticipate some quick growth once the 10K is released...
Certainly, the elimination of Asher's debt should enhance that growth.
WC, thanks for that informed analysis.
If so, I guess it worked!
Imagine the price with confirmed great news!!!
Yes, definitely. I keep thinking back to when the stock hit .003 several months ago. Imagine what it will hit with confirmed great news!
Also positive is seeing some relatively new blood in this forum.
You may even earn a permanent vacation!
John (IR) responded to me, as well. I think he's a true professional.
LOL - Please don't let me stop you! Should be extremely exciting the rest of the week!!!
AS AM I!!!
DF, I think the 10K release is imminent.
With good numbers, the daily volume should be in the 9-figures.
As DF wrote 9 days ago,
"Said there is a lot going on. None of it is public yet but will soon be. The ceo is completing financials and the attorney -cpa are reviewing and they will be out within days. I get the feeling an acquisition is in works and maybe an announcement on a very large contract. State of Texas? The last quarter will be a record when posted and the current one will easily break that revenue number.
1. record quarter last quarter.
2. Current quarter even larger.
3. Acquisition of another company.
4. live franchise website by end of the month.
5. announcements of large contracts.
6. new office locations opening.
7. some of the new office locations have current large clients in areas . Built in book of business so to speak.
8. crews are maxed out now on work load.
9. company is actually real and will communicate when contacted. Pick up the phone and they answer. Not all subs do that or even have a legit contact number.
10. aggressive approach to expand franchise base coming.
11. no better play at .0006... Limited downside and a world of potential growth."
ALL OF THIS FOR A COMPANY CURRENTLY VALUED AT $480,000!!!!! WITH A GOOD 10K, A MULTIPLE-BAGGER IS LIKELY...SOON!
Waiting for the FIREWORKS! Could be TOMORROW!!
Approx. 8MM shares removed from ask at .009!
THERE'S ONE WAY TO FIND OUT!
Even if it were 50 million shares, we're talking about an investment of less than $50,000!!! If the figures in the 10K are favorable, that's nothing for real investors.
Alen, re: Clearing the 9's
Alen, you wrote that the "9's" (.0009's) should be gone by September. How about, within 15 minutes of the release of the 10K!!!
Right now, all that is needed is an investment of $15,720 at .0009 to clear the 9's. When things happen, they tend to happen very quickly...as was witnessed several months ago when the stock jumped to .003. We could be looking at a whole new company by September. And, this time, I bet it doesn't go back into triple zero land!!!
Notice More Posters Entering the Discussion!
A very healthy sign!!
I think, VERY SOON!
HOPE YOU'RE READY FOR A 200,000,000 SHARE DAY!
finance.yahoo.com/q/hp?s=FRCN&a=8&b=20&c=2011&d=7&e=19&f=2014&g=d&z=66&y=0
Mar 31, 2014 118,619,400
Mar 28, 2014 9,200,700
(Friday)
Apr 17, 2014 111,518,400
Apr 16, 2014 16,425,400
Apr 25, 2014 225,773,700
Apr 24, 2014 20,142,500
May 6, 2014 138,211,600
May 5, 2014 10,466,700
BB - EVEN BETTER, FROM THAT SAME PR:
http://finance.yahoo.com/news/firemans-contractors-ceo-increase-equity-141655381.html
Renee Gilmore, Chairwomen and Chief Executive Officer stated, "I'm committed to Firemans Contractors, along with the other members of our executive team and we will continue to increase our equity stake throughout 2014 and 2015. We believe in FC and will continue to build our mission of being the best and brightest possible."
Throughout...2015!
BB, 90 days is the maximum time in which the 10K can be reported (+ a permitted extension). However, most companies do not take that long to report their annual financials. I read a post quoting an FRCN representative who indicated that it should be released soon. I'm hoping for THIS WEEK.
MIKE, that is impossible, as the fiscal year didn't end until June 30, 2014. Hopefully, the 10K will be coming out this week.
Someone just made a great purchase! Wish it were me!!
I agree, DF. The 10K people have been talking about should show higher year-to-year revenue, as well as a big increase in the 4th quarter (4/1/14-6/30/14) compared to last year's based on the company's announcement of 5/21: "we are very pleased to report that our current fiscal quarter, fourth quarter 2014, is already outpacing last year by 122% for the same number of days into the quarter this year when compared to last year."
Could be a very exciting next couple of weeks...or months...or years!!!
No, there have been 5 6's and 1 at 7.
I think you made a good move, Tommy. Let's hope it only moves up from here! FRCN has enormous potential from the level it's at now. Looking forward to the 10K and then some expansion announcements, soon thereafter. It should be a very good end of summer for FRCN!
TOMMY,
I assume it's a buy order, and it's at .0005. Consider moving it to .0006, or to .0007 to definitely get it. If the stock does even half of what many of us think it will do, you will be very pleased with your decision!
WHITE SOX, BULLS FAN: Thanks for YOUR Post!
Several months ago, FRCN made a quick move to .003. The fundamentals should be better now they were at that time, and the growth potential is SIGNIFICANT! My average cost is about .00105. With the company's imminent 10K reporting and expected expansion news, the share price should increase by a generous multiple of that valuation in the relatively near future.
Welcome Aboard!!!
OR, WC, FIREMANS CONTRACTORS ACTUALLY RECEIVES ASSETS for the shares, if and when they are issued...such as cash for expanding the company's operations, or for the purchase of an existing business to quickly expand its network and geographical reach. Both can be quite positive for the company!!!
Try to have an even luckier day...put in a bid for more at 7!
FRCN WILL SOON HAVE ITS DAY!
Several months ago, we saw the price of FRCN more than triple in a very short time, only to precipitously fall back down. The FUNDAMENTALS SHOULD BE MUCH BETTER NOW than they were at that time. The franchises have been working, generating revenue for themselves and the company. All of FRCN's reports and statements - save one - have been extremely positive! The one viewed as negative...the announcement regarding the number of AUTHORIZED SHARES being increased from 600 million to 2 billion...can, in reality, be a POSITIVE, if and when those shares are issued and the company receives appropriate compensation for them. For instance, if FRCN were to purchase a similar company located in another region of the country and pay for the purchase with some of those additional shares, that would boost FC's business dramatically overnight!
Firemans Contractors (a real company doing real and increased business) is currently valued at approximately $480,000 (600,000,000 issued and outstanding shares times $.0008 (.0008). It seems to me that FRCN is EXTREMELY UNDERVALUED!!!
When investors realize the enormous potential in the stock, no one will be able to stop the price from increasing by a healthy MULTIPLE from where it is right now!
CONGRATS, ECAU OWNERS!!![color=red][/color]
If you have a couple of minutes, please check out FRCN. ECAU is now trading where I hope FRCN will be soon!!!
WC, P'nD??? Where's the P today? You sound a bit concerned for some reason.
MM,THANKS FOR YOUR ASTUTE INSIGHTS & ANALYSIS.
PLEASE FORGIVE ME FOR ASKING, WC, but doesn't there have to be at least one trade for a "pump & dump" to be underway?
LC, I was kidding about the .0497 - I have no idea what it will be in the long-term.
But I do think there is significant upside for FRCN...now & later.
LC, I have it pegged at .0497 :)
Seriously, there is tremendous short- and long-term potential. The fiscal year-end (6/30/14) figures should show considerable improvement over those of 6/30/13 in the key statistics, and I would think that additional franchises and customers, as well as improved efficiency of the operations, should produce significantly better results for the current year.
At a capitalization of $480,000 (600 million shares at .0008) for the entire company, it would appear that there is tremendous upside for FRCN.
DF, to prove my point, the # of shares at the asked price (.0009) just decreased from approximately 43 million to 26 million!
Not necessarily, DF, it could be lifted at any time. Especially when there is buying momentum, the offer could be removed - partially or completely. Let's see what happens when the 8's disappear...
I have a feeling that in a few weeks, "8's" will be a distant memory!
And then moved them to .0009 after two trades of 990,000 each at .0008.