Financial Access Solutions

[RonnieD]

I too have called Tony Papa at the number on the PR, and called Francois Amyot, who in late Oct. was named CFO and a Director of FLST. With Papa #, msg, no call back. With Amyot, I got his secretary, and he was out of the office at the time. I got the feel from her that if you try at the right time, you will get him and he will talk to you. The number has been posted and is on an Oct 27 PR. I can understand the company not elaborating further. Management gets more money off buyout on shares that aren't owned by the public. I also think that calling the hotel and not getting a booking yet doesn't mean anything. What if FLST is not staying overnight, which is probable, and the receptionist was only looking at overnight bookings ? What if they are only meeting briefly in a dining area that requires no reservations ? This is why I am holding out. The info I gathered on Puma Access seems to be the most noteworthy we have been able to attain, although it is only the business address in Florida ( see prev posts ), and www.pumaaccess.com. The connection with the prepaid visa master card apparatus of FLST and its perceivable desireability to said bidder.
As far as the general discussions here abut cutting losses, and TA, I must admit that they are very unlike my own strategy, which has done very well ( extremely actually ) over 10 years. I focus on fundamentals and achievement of company objectives. I evaluate trading not on TA,which is full of assumptions, but on bid/ask ratios and time and sales. When I see the big money dump, I dump if I am trading.
Cutting your losses short, another canard I find dangerous, is not agreeable to me because I have many times had my holdings fall and then rise up like crazy. Fundamentals. Cash. Revenues. Objectives. Niche. Increasing Visibility. etc. just my 2 cents. Am I frustrated by lack of info and verifiability ? Yes.
I hope one of you tries to call Amyot, ask him if he is still affiliated with FLST and what he may know about this, and possibly even Joe Gammerieri, if we can get the # of Puma Access. It appears to be unlisted. The consensus of this board, to keep an affordable risk portion here, makes sense to me.