Futuris Company (FTRS)

[Controlledoilandgas]

This just in direct from the Futuris management team. The company has filled the pipeline up with Acquisition targets. The company intends to uplist to the QB which is a much more liquid market by August (no later than November) upon completion of the audits, and under the direction of Robert Day who has taken 2 companies through NASDAQ up lists. The company believes the stock will become more liquid once the restricted shares become unrestricted and free trading and is in discussions with multiple private equity, venture capital and individual investors to fill the equity gap in its acquisition pipeline, in addition to several conventional debts sources that could potentially term out some of the factoring that the company is using in a manner to free up free cash flow for the company to also organically fill the equity gap in their acquisition pipeline.

Really bullish short and long term on this company we believe that this could be one of the best undervalued staffing companies in the market fron a fundamental financial statement and market cap stand point and will be increasing our own investment into the company this month.