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Wednesday, April 30, 2014 3:16:27 PM
CSA looks like a legit company based on its website, not more.
It is privately held.
I doubt we'll ever know the depth of the equity stake put up by FDMF. The number doesn't seem to be out there.
Whether or not CSA becomes publicly tradable remains to be seen. However, my investment in FDMF doesn't get me a seat in CSA's theater.
My background is in Investor Relations; I was the IR Director for a couple of energy companies. Any sound PR will always include a positive quote from a higher-up management person from both sides of the equation. It impresses people, makes things appear kosher.
There are currently 2.6 billions of shares authorized and outstanding.
I haven't seen anything connected with reporting the company's financials. Given that this company has been around about five and a half years and shows no SEC filings at Ameritrade, I doubt compliance as a fully reporting company is in the cards any time soon.
I wish I could give you more but this is my first dance with FDMF.
All comments herein are based solely upon opinion & not more.
Good luck to us both!
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