for what its worth this stock looks to be trading on "air and promises" essentially...
~!~ Well, you just described 95% of pink sheet scam stocks.
Sillerman and friends profited 10 million $$ on air and promises.
Basically because he's semi recognizable to 'investors' and the hype was extremely well done. fncx still doesn't need a pump board at all yet, it's selling itself.
If this keeps going down, the promotions will go up. Classic. If anyone jumped in pre r/s over 2.00 they're already looking at the being even right now and possibly going neg.
This isn't apple or google. We can't see a past product like Ipod or something. Gamble all the way, but what pink isn't. Sillerman invented a name and made promises and if one keeps looking at this with an unemotional head, they will be waiting to see REAL results.
It doesn't matter who's name is on it, in the end, did they perform as promised and at what point does one see the hype and flashy gloss and name dropping for what it may be ... or not be. No body likes to read or face reality on these boards, that's not why this site is here.
This whole play may have been an incredible gift for many regular small traders and it's about time a good thing happened for us. By next week, there may be a clearer picture of what Sillerman accomplished. I don't expect the pps to drop like a rock in hours, but I don't think it's realistically viable to hold a post split price with no core fundamentals of a non existent company. Yea, yea, has to start somewhere, but fncx hasn't started a thing and Sillerman isn't talking.
glta