FNHI.0124 BIG ALERT.FINALLY WE GOT THE 10-K.I READ THE WHOLE 10-K.HERE ARE THE POSITIVE THINGS I WAS IMPRESSED WITH.AND THUS I WILL BE BUYING A LOT MORE SHARES THIS WEEK AT PRICES I LIKE.THIS STOCK HAS A HUGE ROOM TO GROW.
HERE ARE THE POSITIVE FROM THE 10-K.READ THE WHOLE THING.1-10
1)ONLY 122 MILLION O/S UNREAL.LOW.ZERO DILUTION.CAP LESS THAN $2 MILLION
2)THE FLOAT IS PROBABLY AROUND 75 TO 85 MILLION ONLY.IF YOU TAKE SEVERAL HOLDERS ON THIS BOARD I AM HEARING THEY HAVE AS MUCH AS 3 TO 10 MILLION EACH IS UNREAL.NO WONDER IT RUNS LIKE A MAD MAN WITH VOLUMES.
3)Share Holders As of June 15, 2018, there were approximately 128 record holders of our common stock.NOT BAD 128 SHAREHOLDERS.AND A PHONE NUMBER FOR TA Stock Transfer Agent
The stock transfer agent for our securities is Corporate Stock Transfer of Denver, Colorado. Their address is 3200 Cherry Creek Drive South, Suite 430, Denver, Colorado 80209. Their phone number is (303) 282-4800.
4)AND I DID NOT KNOW THAT IS THAT THE PPS WAS .55 A COUPLE YEARS AGO.WOW.
THAT NUMBER COULD BE SEEN AGAIN IF SOME MAJOR CONTRACTS,DUE TO THE FLOAT BEEN SO TIGHT.AND SMALL O/S
5)CASH IN THE BANK.THAT I DID NOT EXPECT.BUT I LIKE IT:Cash increased from a $2,600 deficit at December 31, 2016 to $66,961 at December 31, 2017.
6)AND IMPORTANT POSITIVE FROM MINUS WOW. Total Shareholders' Equity 371,531 (1,004,867 )
7)NET SALES UP FROM year ago.
8)INTERESTING. SOMEONE BOUGHT STOCK FOR .03 PER SHARE.WOW
On November 1, 2017 the Company entered into an agreement with an investor where by the investor contributed $300,000 for 10,158,729 shares of common stock. The $300,000 contributed comprised $100,000 in cash and $200,000 of services to be rendered over two years.
9)READ BOLD.GREAT.Worksport products are manufactured to our specifications and design in China. All of our soft (vinyl) covers are made in a factory in Ningbo, China. All future Worksport hard products are manufactured in China. Our soft cover factory is capable of producing 3,000 pieces per month and our hard cover factory is capable of producing 1,500 pieces per month. Production at both factories can be increased within thirty days to facilitate volumes up to ten times the Chinese contract manufacturers’ current output without any stress on their capacity.
10)Worksport also launched its new Alpha series of tonneau covers at SEMA 2015. The Alpha products are set to be released late 2018 or early 2019, upon successful capital raise for new research and development. The Alpha and Alpha Helios model covers are anticipated to be very successful in the automotive aftermarket.
