Franklin Mining, Inc. (FMNJ)

[funmaxus]

Really, 30 billion shares is only 3 million USD
1,000,000,000 x $0.0001 = $100,000 and $100,000 x 30 = $3,000,000 USD
Without any other means of financing from a reputable Western Bank, this appears to be their line of credit.
Of course, I've lost track of the shares sold since the announced "buy back."

If Frankie ever gets any income, that buy back will most likely be accompanied by a MOARS: Mother Of All Reverse Splits

I have to wonder about the Biste report and what it said:
a) High quality, not easily accesible
b) Poor quality, easily accesible
c) High quality, easily accesible, low quantity
d) Consider another business
e) All of the above

Without looking at the report, I'm thinking the answer was: e) All of the above
If the report was good we would have seen it reflected in the stock price by now.

It always was a gamble, and only became larger with a series of political, and economic setbacks.

Time to listen to Hotel Cali, to put things into perspective.

Signing off...

jmo

funmaxus