InvestorsHub Logo
Followers 1740
Posts 142364
Boards Moderated 4
Alias Born 09/11/2005

Re: Akuma post# 22084

Monday, 02/08/2010 12:46:13 PM

Monday, February 08, 2010 12:46:13 PM

Post# of 34115
FNXC .0027 is up 50% - real company, 1 million dollars in cash, OTCBB fully reporting SEC filings, and over 1.3 million in revenues reported the first nine months of this year.

3. Increasing sales

“Sales numbers are expanding and market penetration is impressive, but even more exciting for Fonix is the major success in limited markets and the potential for products like these to expand across the world,” said D. Lynn Shepherd, Senior VP Engineering and Product Development for Fonix. “Capturing market success in Asia provides leverage with our OEM partners for additional global expansion. The numbers should serve as a validation for our investors and clients of the effectiveness, quality and numerous applications for Fonix technologies.”


4. Financials and Assets

Cash and cash equivalents $1,011,000

Total assets $4,133,000

As of November 12, 2009, there were issued and outstanding 64,815,229 shares of our Class A common stock.

64 mil (OS) x .002 (Current PPS) = $128K

$1 million (Cash) / 64 million
(OS) = .015 PPS (Only cash networth) Assets should be 4 times higher.



Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.