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Thursday, November 11, 2010 1:35:23 PM
We are always on the look out for undervalued companies or relatively quality unknown ones that are in need of Investor Awareness not promotion (Big difference)
We first profiled $FLTT back in July in our stocks in focus newsletter and since then the stock has over Quadrupled in volume and has run up 1000% to present high of .0135
This stellar run was on NO NEWS !!
Company has come out with great news on acquisitions and increased revenue but performance has been lack luster to say the least with the exception of day traders flipping.
Called company and was told there was no dilution on their part which leads me to believe that there were holders of shares, possible accredited investors. Stock couldnt catch a break while this was going on but seems to be over now.
Companies selling blocks of shares at a discount is nothing new to investors but when its for the greater good of company and not for pocket change is what i look for.
Flint Telecom is a real deal OTC company going places imo. Shareholder friendly, Acquisitions, Increasing revenue and turning a profit?? What more you want?
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