Monday, October 10, 2016 5:38:24 PM
I just reread my latest post and I need to make a disclaimer for those that don't know me. I think I have had almost 50 posts on this board since 2014, but haven't posted for about the last year. In any event, I am an amateur investor and don't have any direct or indirect links to FNRC or to its management. When I get motivated, like I am at the moment, I do lots of research, with most of it being over the internet and some in other ways. Any statements I make are as a result of my research and are speculative conclusions at best. Any facts I use come mostly out of the quarterly report or other documents published by the company. I just want to make clear that I don't know anything for sure and I am just guessing most of the time. It is basically all in my opinion.
Concerning the money FNRC may owe the broker, I am sure it is included in what we already know from the last quarterly report. At that time, FNRC had $142,655 in accounts receivable and $629,899 in accounts payable. The same thing applies to the financing FNRC is looking to secure. It was mentioned in a recent press release to that effect. The actual numbers were apparently confirmed by investor relations.
So that's it. I just don't want to mislead anyone in any way or write as if I know what I am talking about, because most of the time I don't :) But I do enjoy researching, writing, and posting, so I'll keep doing that for awhile.
Cropduster
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