Franklin Mining, Inc. (FMNJ)

[vozmil]

'imanjen13' I appreciate your optimistic view of the latest increase of AS by Mr.Petty. My view regarding the same is that if the stated reason is taken on its face value, I must say that convertible debenture could have been issued against the existing 100B A/shares. I don't understand why Petty needed another 100B increase.

I'm sure, in near future we will see another PR stating that negotiations for $32Million have failed and the only available option for the company to meet its expenses is by selling more and more shares. This is my prediction and after being here for such a long time I can say I am able to read between the lines of what Mr. Petty's PRs contain. JMHO