Franklin Mining, Inc. (FMNJ)

[imanjen13]

The announcement that the company made of its intention to do a buyback in the future was to address the concerns of many here that there are too many shares outstanding. It is also a signal thatt the company does not want to go the reverse split route to reduce the o/s.The dreaded r/s very often is a downer for the holders of pre split shares. It is often used by compsnies to prop up share price to stay or stop the removal on a trading board such as nasdaq. No one knows the true fair evaluation of market cap for this company yet. Meanwhile, the trend is your friend.