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*memorial day not vets day sorry,
Its the lack of information that is kinda curious though. The Gilmores have been quieter than normal and this is the first year FRCN has neglected to say anything on veteran's day dark or not. Most feel something is happening due to the humongous bid that started it all at the .0001. What we can surmise for sure is business has been good for them over this dark period. This we know due to the large amount invested into the website, the improvements of moving to more expensive office units, immediate customer response, and the social media activity of the Gilmores looking incredibly happy & freely enjoying recreational activities.
Yeah this has happened before. When it happened last time I loaded huge amounts at .0002/.0001 which means if it happens again I wont be dissapointed, better then all these .0004's i keep adding. These shorts don't realize it though and they keep losing trying to flip tiny amounts on a hundreth of a cent for a few hundred bucks. Either way it slowed the run which is nice, easy up easy down.
Yeah, right before they went dark the put in a press release they were going dark to focus on developing their business and getting out of debt. Now that we have indicators that they are possibly coming to light it would mean success in at least one of those two areas. It already went from .0001 ---> .0007 in the blink of an eye a dip was guaranteed since anyone buying at .0001 couldn't pass up such huge success, but now after huge loading there is only a very thin L2 to climb up!
very easily could, price was there before and the company has only improved since then. Considering how aggresive they where about trying to pay down and eliminate debt, if they have reached that goal by the time we hear something price would EASILY soar
THEY ADDED A BLOG to their website!!! Among other improvements to the site they have been making here and there, I suspect whatever good news is behind some of these big changes comes out soon!
3+ years I've asked you to explain how that is and I have yet to hear why
I've suspected they went dark awhile ago so they wouldn't have to report a share buyback which exactly as this last few days of unbelievable volume suggest. All previous statements from the company portrayed keeping control of the shares was a goal of high priority. No telling how this goes
I know! It was nice to see that 40 million drop off the wall.
NOT TRUE! There is NO evidence, NO news, NOT one single thing that says there is any R/S in the future. There is NO way to claim that FRCN is not doing well since they went they are a non-reporting stock. If anyone does their DD, they will see that FRCN has been doing business, and business appears to be good considering their new and very professionally done website. FRCN has recently taken steps (their reinstatement with Nevada) that make it look like something BIG may be on the horizon. If business hasn't been booming I doubt they would be able to afford their San Antonio office in the beautiful BusinesSuites Sonterra. Next news from them most likely could be their Austin and Houston offices and expansion!
The amount of money riding on the bid would wipe out the ask. (105/44 mil) someone is gonna have to give and when they do the price has only one direction it can go... Patiently waiting....
People are still selling to the .0001. Please continue, every share sold from a short to a long is a share that will be unavailable upon initiation of a run further increasing the fever from lack of supply. According to the SEC filings last year there are VERY VERY few investors in FRCN. The majority of the shares are held by a few which is why FRCN was really sweating possible take over last year and did everything they could to prevent that. What that possibly means:
1. there will be a very small supply of shares available for flippers which will slow the run way down (lack of volume),
2. or make it skyrocket (short supply/huge demand), 3. or unforsceen element from FRCN directly (FRCN buyout, merger, acquasistion)
Thoughts?
Two terrible investment philosophies
1. Live in the "If"
2. Blame companies for your own investment decisions. Its your responsibility to due your DD. FRCN cannot FORCE you to buy shares. If I lose my money its my own fault for taking a risk in the OTC, not FRCN's. Sorry, i do not believe in blame shifting everything on FRCN.
How can one not be duped by investing in FRCN with a share price of .0002? Let me break it down for you. Before the 3Mil trade today the average daily (10 day) volume currently is 1.1k At a share price of .0002 this equals...drum roll.... $0.22 So even if that news magically increased the average volume by 10x it would still be less than $10! If FRCN paid someone $500 to make a website knowing they could in the best scenario see a 10x increase in volume they would be looking at $2.20 a day.
This is why you cant "Dupe" someone with a .0002 share price.
In todays case someone traded $600 worth. Even at minimum wage this translates to only 1 paycheck. Chances are they will recover financially. And that is worst case scenario, someone who is poor investing in the OTC. Hopefully they learn an important lesson, dont invest in OTC till you can afford to lose, or, if you cant afford to lose, buy apple.
Duped? How could you possibly get duped with the shares costing .0002? Thats mathematically impossible.
"We are about to fold! Lets throw away $500!" -said no company ever.
Eh, pessimistic people have been saying that for over a year now but it hasn't happened. I dont see a sinking ship hiring a web page designer, fronting all the necessary safety data to upload, and putting in new contact numbers if they truly were going out. Designing a web page that looks that well done takes ALOT of coordination between company and designer. Nobody goes through that much work for absolutely no reason.
Once again im seeing changes to the website, small updates on different pages but they are being active in updating it. Hopefully they start updating some of their financials, tweets, or current project news just to throw the investors a bone. Not that any of that will influence the stock price considering how poorly people are playing their trades, but it would be nice to know the company is growing.
Calls? Well the price cant get any lower. I put in orders at .0001 and usual get them filled within a week. if you look at the history the price ALWAYS bounces back to .0002 immediately. THIS IS ONE YOU WILL HAVE TO HOLD FOR THE LONG HAUL! company tried to do the normal promotions and investor relations to try to improve stock price but it never worked for them so they stopped throwing money away and went dark. Since then they have been accused non-stop of being a scam but this seems unlikely since "scams" continue issuing investor promotions in attempts to maintain price and volume which FRCN seems to put little interest in. Another thing to point out is FRCN is investing money into building their franchise and website, and getting positive reviews from corporations receiving their services so they are WORKING HARD at WORK. That being said IF the company is legit its only going to take ALOT of patience and luck to raise the share price over TIME. On the flip side if the worst thing thing was to happen, you simply lose an investment you bought in at .0001
New website changes as of 14 Aug including all safty data. This shows they are working developing thier business slowly and quietly as usual. Of note, still awaiting Austin and Houston regional office openings which will be huge news as far as FRCN goes.
Speaking of, didn't you post that FRCND was coming 4 months ago?
Oh yes, just like all the other ones that post pictures of the construction they've done, all their clients, settle with asher, and answer the phone every time you call...OH wait! i have an idea, lets blame the company for the shorts ruining the SP!
IMO, they regret now going public as successful small businesses sometimes do. They have shown a desire to prevent take over in the past and have increased the shares to do that. If they wish to retain the most power and benefit the most from their own hard work it would make sense to me that they would institute a share buyback. However, they do not have tons of money so the only good way to do this would be 1)Not report it 2)buy as low as possible. If they went dark they could buy as many shares as they want without creating significant attention that would drive the SP up. At the incredibly low SP right now that would be very easy to do, and in the last week we have seen a few hundred million shares trading hands. Why else would a company who just started doing well go dark?
Of course the "probability of this company surviving is questionable." You are spot on! This is a penny stock. Always has been. Everyone getting all riled up like they feel cheated that they got a bad hand at a black jack table before the dealer showed his cards. Slinging accusations about dilution and schemes. THERE is NO way to tell if this stock will is the diamond in the rough, or another run of the mill penny stock. However, instead of being always glass is half empty lets look at some of the positives. 1. They DO NOT feed investors hype, seem to know nothing about investor relations which leads me to believe, they cant be a scam because they dont even try TO scam. They completely ignore investors which shows they are not out there to dilute "billions" of shares on poor suckers. 2. Thier personal facebook profiles how happy people visiting friends and family over the holidays with lots of smiles and lots of "good times" (i.e. spending money) People who are broke dont go around smiling and spending money. People who work hard do. 3. its at .0004 freaking dollars, you cannot find a gamble like this anywhere else. Buy low, sell high. If you bought high, buy low to average down, or sell and claim it on taxes. Stop poop slinging.
Lets suppose you ran a business and no matter what good news you posted or positive revenues, people always over sold on the news. AND, no matter what PR stunts you pulled the stock price still kept failing. At what point would you, a business man, keep investing into PR stunts, SEC reporting, and marketing? Doing something repeatedly and expecting different results is insanity. FRCN did in the past put out news, updates, and post positive returns and what happened? The stock plummeted. Save money where you can and let your hard work build your business. Not worthless PR schemes.
Where do you come up with this crap? Almost ALL construction relies on some form of a private contractor to do work that you dont specialize in. I.E. a cement truck. If your "theory" was correct then there would be NO successful construction business. FRCN posted positive revenues when they reported last before going "dark"
70,000 shares "dumped"? i hardly consider $7.00 worth of shares a "dump" More than likely its someone giving up on their lotto ticket or someone just trying to manipulate the price down to .0001
The site they are pulling that info from is from a 2009 filing. Disregard that information.