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Re: waterchaser post# 35618

Friday, 06/18/2021 11:28:04 AM

Friday, June 18, 2021 11:28:04 AM

Post# of 36046

To promote a zombie stock is unconscionable… just saying.



That's just flat out wrong, but you know that. FRCN is an excellent candidate for a custodian to take control of. The vast majority of people here, if not everyone here, is well aware of that, and that's what is being "promoted" for lack of a better word. Custodians such as SSM Monopoly and AlphaRidge have been filing motions practically every day to take control of dead or dormant shells. When that happens, the stocks immediately fly. Trips stocks lose a zero instantly, and often are 10-baggers before any other news even comes out. If the custodian is successful in their motion and gets control, they eventually get a company to reverse merge in. The stock will eventually have a market cap that's fair value to the new company merging in. A dormant shell with good share structure is a prime target for this, and that's why I've owned FRCN for ages.

But you know all of this, because we've debated it before. Anyone who buys this stock is taking a chance that nothing happens and no filings ever get submitted. It drops down to the greys on September 26th, and that could be the end of things. But if anything DOES happen, the gains could be astronomical. There's no one on this board that isn't aware of the risk vs reward scenario in my opinion