Futuremedia Public Ltd. Co. (fka FMDAY)

[StormyMonday]

Dr Worm, they are in compliance since they bought out another company back in July. The NASD said it is ok for them to trade under $1.00 Here is the problem, they are doing several CD's with Cornell Capital. Cornell is know for its toxic financings and shorting their positions in order for the companies to give them more and more stock. Since this financing took place the shares are down some 80% and I was a total A HOLE not to sell for a loss at .23 so last week I bought more... yup 100k shares at .098 and this week another 100k shares at .088 thinking that this might be bottom only because the shares are undervalued.
Buying this is a real gamble down here and with Cornell.
Here is the killer....Cornell kept them from being delisted by giving them those quicki millions to buy that other educational company, but has turned and made gravy out of the outstanding