As with any publicly traded Company, if the stock price drops way below it’s true market worth, it’s prudent on the CEO’s part to buy back common shares of the Company. GE, Delta, Disney, Gilead, all bought their own shares out of the public float. Not to jack up and pump the stock, but because it was crazy not too. The Company increases its value for everyone faster than performing its day to day business.
Rossi views FNHI value at a minimum $10mm today, probably 10times that from where he dug us out from. But $10mm was the number original auditors placed on him going public.
FNHI is prime time big NOW to accumulate and hold.
However today, while the OSC is reviewing the CSE prospectus with the Q3 numbers, Rossi must think any changes to funding, Share Structure, or spending for new investments are on hold.
He wants to keep it as simple as possible for the a OSC auditors. Keep it simple. Avoid anything that will give the OSC a new question..
Once we are on the CSE, Rossi is free to retire his personal block of FNHI stock and Engage into a Company buy back of public common stock.
You know, from these OTC weak handed flippers that have no business flipping this low volume stock.
Man this is not the one for that.
And all stock aquired will be retired back into Treasury. Q3 said 1mm was returned back into treasury. Maybe He snagged a few between rounds with the OSC?
Catch 22 also. Once we see positive word from the OSC, FNHI is going over .25 in a snap.
There will be a 7-10 day lag from CSE acceptance to when Rossi is invited to ring in the opening bell on the CSE.
Those 7-10 days will be an epic price reset for us. The 2 year chart can be thrown away at that point.
I think the Canadian exchange symbol is going to be FNI or FNH.
I’m not sure Rossi will have time to load below .25-.15, or now below a dime. We get those! LOL
Canadian National Pride better bring in their Canadian retirement funds and private money market managers.
Institutional investors that want to get in below .25 ASAP and hold strong and long above $1.00 as it grows long term for their customers.
I feel this is the high speed catalyst that will get us over $2.50 in the next year.
Rossi knows how to build and sell covers. That is going to continue with or with out the Canadians.
Sales are going through the roof in 2020. Will it go up 10 fold every Q or 100 fold every month? That is the difference in gaining A CSE dual listing..
Volume has been so low I don’t think the Company has been buying..
I know Rossi the individual has not been buying. He doesn’t even have a broker. All his, is still in notation form with the T/A. His is not even in paper form.
I wish he offer longs a chance to retire our commons for Preferrd shares. Something with future warrants to buy more at say .25 and above. Restricted for 18 months. Warrants expire in 24 months.
Get FNHI float below 10mm with all this great potential facing us.
It could send us over $5 fast. Then get the hell off the OTC.
Getting on the CSE is why I got in this May of 2017 and those weekly Purchase Orders Rossi was posting. WOW!
Not getting the CSE and losing the logo and brand name has us here today. .015 presplit..
I really need to stop putting Cocain in my morning coffee.
AI
