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Re: oilman57 post# 4139

Wednesday, 04/18/2007 10:48:47 AM

Wednesday, April 18, 2007 10:48:47 AM

Post# of 30565
I like the tone of this morning's press release. And, if as you have said, the value of our FSIN shares alone is around $1 million, the valuation of the company at 66,000,000 shares times $.0014, or $92,400, is just totally ridiculous. Why would Jim Bickel spend the time and effort going to China and doing all the things the PR says he is doing if he weren't trying to build relationships and business there and add value to a company that is already undervalued by a factor of 10? Of course, the wild card is the preferreds, about which I am not sure of their conversion ratio to common and am still waiting for an answer from IR. Can you help me out here, Oilman?