Futuris Company (FTRS)

[HATTER]

Some rollup companies do very well. When John Lorenz put together Waste Management through small acquisitions, he brought their revenue stream from $2 Million to over $14 Billion in a very short time.

He failed on his second attempt, but he's going for a third, and I think he is going to bring that public through an OTC shell:

https://www.benzinga.com/pressreleases/20/07/n16468198/restoration-builders-letter-to-shareholders

Rollup companies are supposed to increase value through synergistic partnerships, cost reductions, increased efficiencies, etc.

While I don't agree with how the management of FTRS has gone about things so far, I do believe they can succeed if they find some sort of guidance.

The first mistake they made was issuing themselves restricted commons. This unnecessarily drove the price down for no reason. A better way to have done this would have been to file an S-8 employee share benefit plan, or to have just issued preferred shares in place of the restricted commons in the first place.

I also have seen lawsuits against the Dokis and lawsuits filed by the Dokis. These guys seem to deal with large money, so I'm not sure if these lawsuits are typical when you have those kind of assets. Dokis father owns a few companies in India, and has ties to Kellton Tech, and I think Suresh Doki may own some of that company. You can find that company here:

https://www.kelltontech.com/

I do believe that the Doki family also just sold their interest in a hospital in India.

Also, I don't believe the Doki's are the key to Futuris. Allan Hartley has joined them in some capacity and I think he is the guidance that they were missing. More about him here:

Also, in their filings, it says "promissory note payable to Devender" and I think this connection is the MOST important based on our research here.