FEC Resources Inc. (FECOF)

[hispeedsoul]

According to the latest filing in March 30th, 2017 - It appears to me this company doesn't really have anything. What's the catalyst?

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11963248

"We Do Not Currently Directly Own Properties With Oil or Gas or Mineral Reserves. Our Failure to Find or Acquire Available Reserves May Adversely Impact Our Business Operations.

We do not own any properties or investments with oil, natural gas or mineral reserves. Our future oil, natural gas, or mineral reserves, production, and therefore, cash flow and income, as well as our success are highly dependent on success in finding or acquiring recoverable reserves by ourselves or through our investments and obtaining the financing necessary to acquire such reserves. We cannot assure shareholders that we will be able to develop, exploit, find or acquire reserves to replace future production, if any.