Critical Update *ALL STEVEN ROSSI HAS TO DO*
IS CONTINUE DOING EXACTLY WHAT HE HAS BEEN DOING!
MAINTAIN SHARE STRUCTURE & SELL COVERS!
Everything else will fall in place!
Steven Rossi has already made a winner of every long term investor here. Many just don't see it yet.
I don't care how long it takes to get listed on the Canadian Stock Exchange. All I know is the hard part is already done. In March of 2019 Rossi completed a 6 to 1 RS as well as converting his Preferred Series A shares to approximately 13m common shares.
WE WILL BE ON THE CSE!
I keep thinking how Hp wrote something a while back caused me to go back & check that 2016 PR outlining the deal between Rossi & GunPowder! Then Rossi confirmed to several shareholders that the terms of that deal were still intact!
I was amazed at how easily GunPowder was going to get us listed. Then I took note of the fact that not only would there be very little effort needed to succeed, it would be almost painless financially for FNHI! Look how few shares Rossi has to give GP.
GunPowder HAD all the bases covered! Rossi held UP his end by getting all the filings caught UP, maintaining the share structure & not taking on any toxic debt. GunPowder's part of the deal now that they're 100% sure that Rossi will follow through is to make sure FNHI meets all the requirements for the CSE. That's why they're doing a dividend to their GunPowder shareholders to make sure FNHI has the required amount investors & (the best info from the 2016 PR),,, they're only distributing ONE MILLION shares to shareholders of record out of a measly 3+ million shares. That won't put a dent in the OS,,, PAINLESS!
Now consider the financial backing. That too takes care of a CSE requirement! Again, the 2016 PR were the big clues that the CSE Listing SHOULD have been easily completed by now!
Look up the requirements for an existing, public company to be listed on the CSE!
It has become clear to me that GPC dropped the ball,,, & I'm talking a SLOW PITCH in softball game!!!
GunPowder's only concern from the word "GO" was Rossi just another OTC CEO or was he going to be a legitimate director of a real company! Rossi exceeded all expectations!
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Critical Update It now appears that GunPowder is out of the picture.
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This is not a "bad thing". It's merely a reflection of the current state of affairs as well as the fact that Steven Rossi has grown as a competent CEO & recognizes the fact that he no longer needs GPC/Bluesky
However,,, Make no mistake about this. GunPowder served their purpose in so far as their STRICT guidelines, & Rossi's ability to outperform left him with the unmistakable knowledge that he could be successful without the need of anyone else advocating for him to the CSE.
Also, Rossi KNOWS he is now in a position to seek MUCH better financing than GPC has offered him.
Essentially GunPowder laid out an obstacle course for Rossi & said if you can complete these tasks the deal is "ON"! It wasn't easy. Rossi had to get every filing from 2016 through 2017 completed, bring the company current, achieve OTC-QB status just so he could qualify for CSE Listing,,, & DO ALL THIS ON HIS OWN DIME WITHOUT TOXIC DEBT & MAINTAIN THE SHARE STRUCTURE!
In usual Rossi fashion HE OUTPERFORMED,,, HE DIDN'T JUST MAINTAIN THE SHARE STRUCTURE,,, HE CUT IT IN HALF!!!
Now he's turned around & converted his Preferred Series A shares to approximately 13m common shares.
In addition to that, in the last year has reported continuing skyrocketing revenues quarter after quarter.
So I repeat. Even though it now appears that GunPowder is out of the picture, their roadmap that they told Rossi he HAD to complete, HAS DONE NOTHING SHORT OF PRODUCING THE BEST CEO ON THE OTC!!!
That's the beauty of the whole FNHI/GunPowder arrangement. The 2016 PR makes it clear that the whole deal & the way it's set UP is predicated on FNHI being a REAL company & Steven Rossi being a genuine CEO who's tackled extremely difficult challenges & overcame them.
He showed GunPowder the game plan. How every single company that entered this sector was bought out when they became a threat to the bottom line of Truckhero &/or TAG. It's common knowledge that he's never been able to stock pile inventory BECAUSE IT'S SOLD OUT BEFORE ROSSI EVEN TAKES DELIVERY.
Above all else Rossi has proven to all of us longs that he really is "The Honest CEO"
Remember how when people were calling him a liar cause all the old filings were late? Remember how Rossi used to tell us "Hang in there, you will be really happy!" & "Don't give UP. We're building something special" He's right! The evidence is in! HE CAN'T LOSE!
What's hilarious to me is that most the people buying in on this haven't the slightest idea how lucky they are.
There won't be a singular run with everybody scrambling to get out @$2.25 & leaving a bunch of bag holders! They've stumbled on to a legitimate business that's going to be bought out (for dollars) or end up listed on the NAZDAQ with a gorgeous share structure.
EVERYBODY WINS!
So basically, like I said,,, "WE'RE JUST WAITING ON THE MASSES TO WAKE UP CAUSE WE'VE ALREADY WON!"
As always,,,,
"MATTER OF TIME, NOTHING MORE, NOTHING LESS!
