Thursday, March 08, 2007 8:48:40 AM
In the end, it was nice to hear the FC had so many shares on the "open market" (according to Bill V). If anyone thinks they weren't flipping their stock when it rallied last year, in my opinion you haven't been around the market long enough. It's nice that the folks they convinced to buy (and always said, if you buy on the open market, you aren't helping the company - it was said ALL the time) got all restricted shares, and FC apparently had the option to dump at least SOME of their shares.
Anyway, the shares running to $.83/share were pure pump and dump IMO. That being said, even though I personally think $1.00 is some ways off due to the share structure, I do think that $.50 is more than reasonable if they get their act together and get uplisted. It's a good story that the public will invest in. Remember, that's a 5X return from todays level!!
I think they are beginning to feel the pressure, and they should. There are so many lives they can affect positively or negatively. If they can just answer questions straight, I'll give them a lot of rope on start-up delays - they happen! I get the impression Jim V is running around doing what he's doing, and Bill V is running around doing what he's doing, and they are failing to loop back to each other. That's a big problem! If you didn't gather that from this call, you were sleeping.
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