On Tuesday 10/7, I felt strongly that a move upward in FPFI was nearing, and that is why I posted the message below. Congrats to those that felt the same way, and acted upon it by adding to their position at .0004. It would now appear, from the chart, that the stock has bottomed and a full reversal is in effect. IMO, the uptrend has only just begun.
Here's the way I see it. Although I'm not real happy that they have had to dilute several hundred million common shares to raise the capital necessary to pay mgmt, secure facilities, and obtain equipment, they have only expended about half of the 975 million authorized. And even though another billion in authorized will be available soon, it can not possibly be part of the float yet.
So for an OTC company, the common float is still relatively small. And all indications are that FPFI is very close to launching the Fresh Harvest juice product (a little more hustle by the civil servant gvmt workers and the Dept of Ag approval should be right around the corner).
With a product launch, I anticipate the stock to quickly jump to the .002+ level. That would mean that shares purchased at .0004 (or below) would experience a rise of no less than 400%. And since I place the probability of a product launch before diluting the soon to be authorized 1 billion at about 75%, the expected 400% payout makes it a potentially lucrative and favorable bet.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.