The things I don't like about the 10Q:
1. Falcon can buy shares for .50 for 3 years
2. The non-compete agreement with the shareholder was recorded as a tangible asset (balance sheets hows value as ($232,000)
3. Management Plans may require additional financing and they have no commitment for the financing at this time.
Both 1 & 3 could pose potential dilution problems down the road.
I'd also like to see the non-compete agreement to see if it really is worth that amount of money
Those are the only red flags I see but they are minor
Please do not make investment or trading decisions based on what you read from a stock board. Do your due diligence before buying any stock especially a penny stock. The stock market is where money is transferred from the impatient to the patient
Please do not make investment or trading decisions based on what you read from a stock board. Do your due diligence before buying any stock especially a penny stock. The stock market is where money is transferred from the impatient to the patient
