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OH, OK, GOT IT!!
THANKS!!
Thats strange as he still shows up on my page as still being an assistant mod. Your talking about Dem Franchise Boyz right?
TEFFY,
Mike Drew the lawyer, is on out of town. Did you get his cell number from Bob??
Teffy, come on, "don't throw in the towel" so quickly my friend. Think positive!!
I know you have the most at stake here so keep putting pressure on Bob and Mike. We still have till the 26th to bring it up to date, enough time if those clowns act ASAP!!
Maclean88
Your welcome.
One never knows as strange things have happened in the crazy world of playing Pink Sheet companies.
Like HammerHEAD said "It Ain't Over till The Fat Lady Sings" and so far she's not even in the building!!
The FNLH BALL is in Bob and Mike Drew's court it's up to them to get things done ASAP!!
Maclean88
It depends how many transactions has to be audited, how much time an accountant has to spend preparing the financials.
To this end, FNLH has had little or no financial transactions to report and therefore it won't much time to complete and therefore, won't cost much as compared to a bluehip company like IBM.
FNLH has been a shell for a couple of years now and therefore not much to report.
TEFFY,
I KNOW for a fact that what your saying is 100% true.
Bob's lawyer, Mike Drew now needs to contact the SEC and try to find someway of getting them to remove the halt once they file the financials.
I understand that they really need to file the past two years as the previous 3 years have been completed but not filed until Bob pays off the remaining amount oweing which around $15,000.
Have you talked to Mike Drew today?? If not I think you should as he's the guy that filed that blasted form 15.
This can be turned around but we need Bob and his lawyer to do something ASAP!!
JANICE,
Are you telling us that even **IF** FNLH files ALL their financials within by July 26th, it still won't start trading on the PINKS??
I know it's a BIG IF but miracles do happen. I hope Bob is realizing just how serious this is for his shareholders as well as himself as he owns some 46 million shares.
Your thoughts please..
HammerHEAD,
What are you hearing?? Any updates to report??
TEFFY
Sorry to hear your having a stressful day my friend, JOIN THE CLUB as this has been my worst day in a long time.
Teffy, have you had a chance to contact Bob to get the contact number for his auidtor/accountant regarding the completed audited statements??
Take care my friend, better days ahead (I hope)
GLTA
Hey GreedyMALONE
Does 4 years of owning this stock qualify me as a LONG TERM HOLDER??
I got involved when the stock ran up to .70++ or so back in 2006. I've been here ever since and just waiting for this thing to get it's act together.
I think that there's enough time to get the financials to the SEC especially when they have 2-3 years already done. Bob needs to act ASAP but knowing Bob the way I, who knows if he will. Keep in mind that Bob still owns some 46 million shares so it's to his best interest to get this thing cleaned up.
GLTA
To be honest, I forget as that was back in 2008, however, I do know the amount was $15,000 which could have been the amount the charge to file with SEC. Regardless, FNLh has 2-3 years of audited financials completed well at least that was what I was told when I spoke with the companys auditor back in 2008.
You misunderstood me, that $15,000 was the amount LEFT OWEING to the Auditors and NOT the FULL AMOUNT charged for 2-3 years of financials. They would not release the financials until the account was paid in full meaning the remaining $15,000.
Janice,
Can we assume that if FNLH files ALL the documents that the SEC is looking for that it will resume trading on the 26th of July on the Pinks? Or does it automatically go to the GREY market regardless??
Your thoughts please..thank you.
TEFFY
Read what I said in a previous post today where I know that FNLH auditors has 2-3 years of financials completed but Bob couldn't come up with the money.
Bob needs to contact that auditor pay what's oweing and submit those 2-3 years that are completed, that would be a good starting point for the SEC. The rest can hopefully be completed before July 26th.
Can we assume that if ALL the information that the SEC is looking for the stock will start trading back on the PINKS when it opens??
Your thoughts...
FNLH's auditor has at least 2-3 years FULLY completed in 2008 when Bob was working on another deal. The auditor wanted $15,000 to release the financials, Bob didn't have the money so they were never released and should still be in the auditor's possesion.
Lets put some pressure on Bob to get those financials released then when it opens up it will be a FULLY REPORTING Company with NO STOP SIGN!!
GLTA!!!
I don't think it would take Bob long to bring this company up to date as it's been inactive for a long time so how many financial transactions could they possibly have to report??
The July 26th deadline is reasonable assuming that Bob starts working on the audited financials ASAP!!
GLTA!!
HammerHEAD my friend,
YOU ARE SO RIGHT as that makes sense. Thanks for bringing that to our attention.
GLTA!!
YES!!
If the bring their filings up to date of course.
The MM's have a lot of power with these Pink Sheet companies.
Perhaps one of the MM's that has a huge short position tipped off the SEC about FNLH late filings. Just a thought!!
THIS IS VERY STRANGE!!
Up until last Friday when they filed the Form 15 they haven't filed a document for 5 years or more with the SEC.
Now they file and they get halted. They have 2 weeks to complete their filings.
Just doesn't make any sense.
FNLH "FLD" TRADES IN FRANKFURT!!
Although it hasn't traded there for a while it does have a German listing under the symbol "FLD" or "FLOAT LOCK DOWN" lol.
Click Here:
http://www.boerse-frankfurt.de/EN/index.aspx?pageID=35&ISIN=US31787Y1091
GLTA!!!!!!!!!!!!
CHECK THIS OUT!!!!!
LQQK at the trading volume for June and May as compared to previouos months and you see that it's been under heavy accumulation. Remember, this used to be a stock that "traded by appointment" until recently.
Click here;
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=FNLH&SortBy=volume&Month=12-1-2007&IMAGE1.x=15&IMAGE1.y=3
LQQKING GOOD!!
It looks like were doing a little bit of "back filling" before moving up again. I wouldn't be surprise if closed at or very near .015. IMO of course.
Just taking a breather here until the next wave of buying comes in.
GLTA!!
GENTLEMEN START YOUR ENGINES
Enjoy the ride folks.
GLTA!!!
Denny my good friend,
You and I have been on this board a long time right?
Question: When was the last time you saw Bob file a document with the SEC??
Answer: Someone said on here today that it was some 5 years ago that they filed a document with the SEC.
Knowing Bob they way we do, do you really think he would go to the legal expense of filing this Form 15 if he wasn't up to something with FNLH.
I haven't talked to Bob in eons and have NO PLANS of talking to him now or anytime soon, instead, I let the stock price do the "talking" and right now it's telling us that something is UP with FNLH. I have no idea what it is.
GLTA!!
MetalHEAD,
When do you expect to have this DD package ready??
Thanks
OK MetalHEAD,
I'm ALL EARS!!! TALK TO ME!!! lol
Just check out the number of posts I've made on this FNLH board and you'll see that I'm very familar with this company.
GLTA
MetalHEAD I don't need a DD package remember I've been here for a long time since the run of 2006 when I picked up some shares and that same day it ran from .03 to .14 or something like that.
But hey show me the DD package anyways. I may learn something new about FNLH.
GLTA!!
MetalHEAD, I have one word for you:
BINGO!!!
YOUR GOOD!!!
GLTA
"MOVES ON AIR"
I've been in this one for a long time, in fact I was in it when it ran up to .70++, yes that's .70 CENTS!!
It bascially had the same share structure then as it has now but what it didn't have then was the $9.2 MILLION TAX LOSS which, of course, would be VERY ATTRACTIVE for a possible R/M.
GOOD LUCK TO ALL as I think we're all going to be VERY HAPPY with FNLH as it's "day in the sun" has finally arrived!!
ALL IMO of course!!
Bro,
I have hummm.............................................. no idea what's going on as I let the share price do the "talking" and right now it's telling me that we're headed, much, much higher IMO of course.
GLTA!!!
DO YOU REALLY THINK THEY DON'T CARE?? Your KIDDING RIGHT?? Ask SusieQ and others if they care or not??
Ever thought to think that perhaps their not watching every tick they way your are but instead enjoying the summer!!
With all due respect pal, you tell me that your vision's not very good, yet it seems that your on here 24/7. My advice is to give it a rest and let the stock do what it wants becauase it's really out of our control don't you think??
Like I said I bought that 600K at .0012 because I made a quick day trade on another stock that netted me $800 so I put it in VYGO to lower my average. Who knows, maybe it was "throwing good money after bad' but I'm prepared to take the risk.
GLTA!!!
OK TAKI
I rest my case.
Do what you have to do but I think in all fairness to others here, (some have more then $40k invested) you should at least ask them to see how they feel. IMO
GLTA!!
TAKI
So you want to have the SEC do a full investigations which no doubt would result in the stock being halted for a long time if not forever thus taking everyone on this board "down" with the investigation. Is that really what you want to happen??
If it's trading we at least have a chance that it may go up if it's halted it could be gone forever and a day.
Has anyone tried calling that "IR" firm that was hired??
Personally, I don't want that to happen because I know that at somepoint this stock will turn around, it may be a while, perhaps even a looooooooong while but I honestly believe it will.
You should ask the other members of this board how they feel before you even think of calling the SEC.
For sure the SEC will ask you what documented proof you have that these clowns committed a crime. Saying that the stock has dropped drastically, won't cut it with the SEC. Remember, that STOP sign on PinkSheets.com for VYGO?? Well that's a warning that your investing in a company at your own risk.
GLTA
SusieQ!!
It's been a while eh?
I agree with you 100% as I also doubt that any action can be taken against SlowBAST or anyone else associated with the company.
This is the way it goes with Pink Sheet companies, generally speaking, most are "crap shoots" meaning you put up your money and take your chances.
I hope that TAXI and others on here didn't put up money that they can't afford to lose or tie up for a looooong time, because one never knows with Pink Sheet companies.
I still believe that this will turn around but on their time schedule. So we wait and wait and waitzzzzzzzzz.
GLTA!!
OH OK SORRY I DIDN"T KNOW. Are you a diabetic??
Anyways, I'll just keep waiting it out as I know sooner or later it will bounce back, however, it may be later then sooner..lol
GLTA
OK THANKS TAKI!!!
QUESTION: IS YOUR CAP LOCK KEY STUCK???
Thank You Taki for clarfying it for me.
So let me see if I understand this, using you the standards of "toxic or non toxic" is it safe for one to assume that 95% of Pink sheet "companies" come under the TOXIC category??
If that's the case one can understand why the SEC doesn't go after them as they have "bigger fish to fry".
But again I ask you what documented proof do you have that these clowns committed a crime?? Just because the share price has fallen out of the sky maybe no reason to put the blame on them.
Hey remember, I'm in the same boat with you as I've been here some three years in fact I bought another 600k today at .0012.
GLTA!!
TAKI, the SEC turns a "blind eye" to these pinkies as they have a "bigger fish to fry". Remember this is the PINKS and at the best of time, it's like "crap game" if you will. You put up your money and take your chances!!
Furthermore, what SOLID DOCUMENTED PROOF do you have that these clowns committed crime???
GLTA!!
OK, I LIED!!
I said that I wasn't going to buy a single share until it "turned the corner" well I had $720 "burning a hole in my pocket" so I picked up yet another 600K at .0012.
I think we're very close to bottom but that doesn't mean it's going to turn around anytime soon, but hopefully we won't see triple zeros.
GLTA!!