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How can you predict q1 results when we are only about a third through it?
Sounds like someone trying to get cheaper shares? Or scare others into selling?
I agree with all you said, especially the reasons for NOT wanting a high priced loan.
Bottom line, whatever financing happens, it will be as painless as possible given whatever the circumstances are at the time.
I only differ on I believing that NASDAQ will probably happen in 2021. Not several years from now.
Nice job
Very nice post, very much appreciated
Not today, but have been adding whever I have extra funds. Currently have a pretty good overall position.
I agree he will not water down the stock. He does want, (not necessarily need), funding to help accelerate FNHI's market share and greatly increase revenues.
However many get confused on the subject of dilution. If a company goes to toxic financing by way of equity-based derivative products, then the share structure can go through the roof. This will not happen here.
However, in obtaining normal equity financing, there is an exchange of new shares for the much desired capital which will add to the share structure and "technically " is therefore dilution. However this is usually very acceptable as it benefits the company more than it hurts and is the preferred way to go when a straight loan is not available or not wanted.
Confused, what does your reply have to do with my post?
Did you mean to do a new post?
Thanks
Agree this a wonderful and underrated opportunity, should be a massive spike at some point
What rossi is doing and has accomplished so far leads me to believe that NASDAQ is not a pipe dream. Plus he has many very sincere longs here who didn't just buy an otc stock, very rarely complain and are constantly trying to find funding and are helping to find new ways to improve the company. Many are proactive here. Maybe invisible to you but believe me they are trying to help.
This has become a real team play. From very small to very large holders. The common denominator is we believe in Steve Rossi wholeheartedly. You will find that not all posters will say great things about him as everyone, right or wrong is entitled to their opinion, but I can't stress hard enough that at the same time, again right or wrong, Rossi has a very strong following by a bunch of proactive longs who really do support him and FNHI as much as they can.
To get a good recap of FNHI everybody should read whizkock's stocked post above.
I believe weather tech is billion dollar private company.
A buyout, (a little premature at this point), should be north of 200 million, maybe 300 million as that has been what is happening in the industry the last several years.
Most of the buying has been done by Truck Hero, also a private company.
But now we have newcomer giants entering the market place, like Tesla and weather tech.
Should get interesting.
We all would love more volume. But FNHI is a real company with real revenues building a real foundation and is seriously NASDAQ bound.
As it progresses in the next 12 to 15 months, NASDAQ will become more plausible and the OTC will.be a thing of the past for FNHI.
The real big volume will show up as we get closer to NASDAQ and CSE.
FNHI really is not an OTC type company.
Trump is winning the trade war as many companies are moving manufacturing back here, not just FNHI.
March 15th with a possible extension to around April 1st
Everyone in FNHI or thinking about buying or adding to FNHI needs to read this fine post several times.
I am a big holder and I ain't selling my shares. Why would I leave now?
The real party is coming. Sorry you may not be here for the run.
Please reread my post. I never ever implied that this was snake oil, just the opposite. I was pointing out that snake oil is what sells in the OTC and because this is a legitimate company it needs to be on the NASDAQ.
Boy oh boy have you missed all the good stuff this company did in 2019 and sought out misplaced items, thus not helping to arrive at the truth.
Everybody please read this post I am responding too. It is one of the best posts of all time.
I would need to go back and listen to the call again, but that is not the way I remember it. I think again, as I said before, you are looking to find trouble in what is a company that has greatly improved over the last year.
Like the other poster who felt it prudent not to post last names, I will not either, but I can assure you that the person you are referencing has done his job in helping FNHI move forward.
I hope that you have done the same thing as you have obviously put a lot of time in on this ticker, and would hope that not all your energy has been one sided.
Thanks, very helpful
I know it does but it still makes no sense. They need to be on NASDAQ, all otc stocks that have anything real about them hardly move and the scams all soar .
People bought snake oil in the 1800's and today the same mentality still exists in the OTC. LOL, sad but true
Thanks
It is absurd that after having great news we are down more than before news.
Could not agree more
We are up around 400% quarter over quarter, for last 3 quarters. How much good news do you expect. You choose not to see the good here. There is always in any company things that are not good. Smart investors don't harp on the bad or good but look at the whole picture
No it is not the same and imo it is false that he gave free shares to any "buddy" of his. No proof whatsoever that is the case.
Paying someone in shares vs cash is smart business.
This is so undervalued compared to long term potential it borders on absurd.
Outstanding shares and the float can be the same, but very often are not.
Restricted shares etc are in the outstanding but not the float.
If you know for a fact who they are, then please let us all know.
All anyone can do is guess. Educated guesses maybe, but guess. If you actually know, please tell us all.
Thabks
Rossi or company is not selling any shares
What group put a lit of noney in here? Never heard about any group investing in FNHI.
I don't think I have heard about any "group" ever investing in here. Only Gun powder capital, which is a company, not a group, was supposed to invest in FNHI when CSE happened and that would have been "off Market" as you call it.
The only other group is the famous DPS people who supposedly had 17 to 25 million shares, pre split - but that was 100 percent retail.
IMO, you have misinterpreted many of the good things that Rossi has done. All he is trying to do is build a company. The OTC does not recognize real numbers, just looking for hype full of false promises. Look around, many other real, non hyped companies are having the same problems in the OTC.
At this time it is hard to say if you are correct about cse or not.
Emotionally I want to agree with you. On the other hand it can help with more eyes on the stock and possible funding.
I would say it is a fifty fifty chance either way. Very tough call at this point.
You are asking for the impossible. If I remember correctly the CSE required him to convert his preferred shares to common.
The CSE, as well as the big boards and NASDAQ have different rules in regards to the usage of preferred shares. Those exchanges don't allow the flexibility that the OTC does. That flexibility can hurt us as shareholders, on the NASDAQ and CSE it can't, so you dont want any OTC ceo to have preferred shares.
With the possible exception of Rossi as they could use it against us.- he never will. But since you say he is a liar and scammer, why would you want him to convert? as you obviously don't trust him
Anyone know os and float here
I am not blocked, is anyone else?
In my experience with this company and other companies no one gets blocked unless they are using foul language or making threats, in which case that is very often the problem besides technical issues.
what I was expecting from this long term hold. A slow and steady build.
And yes eventually to a higher pps.