Fineline Holdings inc. (fka FNLH)

[greedy__malone]

Correct Janice.

And that's part of what I meant by "Bob's background". Ostensibly, the idea of running a public company is to build a successful business and make money for you and your shareholders.

Taking money lent to the company for audits and then failing to pay for them means very few people are going to be willing to hand him more money and I do not get a feeling that he is willing or able to provide the funds on his own.

Now that the stock is suspended and going grey, or possibly getting revoked, nobody will be willing to pull off any debt conversion deals for shares which is the only real way this company was ever able to raise any funds to begin with.

Now that the use of shares has been pretty much eliminated as an option there is little recourse for the company to fulfill any of their filing obligations.

It also looks as if the entire pump job here was for the purpose of unloading converted debt securities anyway under the ruse of a "float lock" play.

Doesn't look like anybody was ever truly interested in filings or the future beyond the length of time needed to sell those shares.

This is one of those rare moments when the wolves got locked in the hen house. Doesn't help those unsuspecting folks who got duped into the play but it should be comforting to know that a fair number of people who were front loading and pumping the float lock took a beating here too. More often than not those guys are long gone with their money before the collapse.