I have been a buyer of Fsnr based on the prs of EncapSol, ORUs, west pac, gulf oil spill, hydrex, frackwater filtering, MEA, Aqueous, Business Plan' as outlined by the CEO in the past, and have accumulated a sizable position since those fiascos.
I am a newbee (I've been in Fsnr for 6 years), and I am not investing in any more Fsnr stocks.
Future positive developments has never happened with Fsnr, where the growth and value has yet to be found in Fsnr stock.
I'm not investing now at the so called nice SP discount where future news is said to come out regarding the introduction of the Petrozene business proposal or idea.
If that happens, no doubt a surge will be attempted to pump much higher share prices and call it growth, as it did years back with EncapSol along with all the past years of proposals and ideas.
It's not a risk I am taking any more with Fsnr.
I (think) the Petrozene business (plan) will be PRd in the near future.
But if no 8K is filled and at least a known company named, I personally think the stock won't be moving away from the risk side and cheap shares.
We have had blogs and updates concerning petrozene and the SP has drifted down and not up.
I personally think if some can get enough surge, only a small few may get in and out to the reward side and sale higher priced shares, if it does at all?
Some think it's going under a nickel.
That's my thoughts and opinions.
