FormCap Corp (FRMC)

[lmfao1234]

Clearly that debenture issue is the biggest factor in this play but like the recent 10-q states there are no operations of the company and the company is looking for acquisitions or merger activity to inspire operations again. This seems to be a pattern of Terry Fields if you observe some of his other stocks he has taken over. M&A is what he does for gas & oil plays. IMO its a waiting game. Like it or not at this point, thats what it is. JMO but ive monitored this board for a little over a week now and my entry is in the low .02s but as far as negative goes, that debenture is about it currently. (putting aside anything unforseen that transpired earlier in the stocks history) That and the possiblity that we sit here for who knows how long to find a suitable acquisition. This stock seemed to take a hit on that debenture news before and thats why it declined. jmo.