Friday, December 15, 2017 11:02:45 PM
I'm still of a mind that nothing will happen until after the New Year, for a couple of reasons. FINRA will want to see some audited financials. Because FRFS (GIFA) is a foreign company, their book keeping or accounting, may not be to PCAOB standards and will require accounting audits from a PCAOB Approved firm. That will take some time to complete. The second reason is "The Season".
Two things are impacted by this. Year end (as well as the month of January) is a very busy time in the markets and the larger companies get first attention, Penny stocks are pushed to the side until the larger companies are taken care of. To compound all this, it is the Holliday Season, with short work weeks and a natural ambivalence to work over personal recreation and celebration, this time of the year.
We'll see, but my guess is this is a temporary bit of attention based on the 60 day premise of this getting approved by FINRA. Hard to say, as the company has been very quiet as to their intent to change the name and trading symbol. Of which I assume Kisa will want to do, to differentiate the company from FireFish.
In poker, it is called "Betting on the Come". Someone or some investors think news is forthcoming, simply because 60 days have passed and are betting on this in accordance with their preconceived timeline.
Of course that is my opinion and speculation, but sounds reasonable to me.
WE MUST ALL REALIZE THE DIFFERENCE BETWEEN HOPE & EXPECTAION BASED ON GIVEN FACTS.
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