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Saturday, November 05, 2011 1:31:33 PM
As for FLTT, in doing any basic research, merely looking at a simple chart, anyone can see that this company has met with their full measure of challenges is stopping the bleeding, so to speak. Whether you bought in at 0.005 or 0.0021 or 0.0011 the picture of a falling PPS has been pretty clear. And certainly we have anticipated a bottom since the S-1. But the Kodiak deal folded and we do not know what that may mean for us yet as most of us hold in the RED and wonder if we may see success at all. Whether an investor walked into this position with or without a clue as to what they were getting into, the results will be the same.
As for a merger, as for Chinese government interest or lack of interest in a merger with Flint Telecom, I haven't seen anything one way or the other on the matter and certainly nothing has surfaced suggesting that the Irish are prepared to merge with the Chinese or any one else for that matter. However, something will need to shake lose pretty soon and if it does, we stand to do quite well here. If it doesn't, well, we tried.
NOTE: FLTT IMO not intended as investment advice. Everyone needs to do their own "DD" in lieu of following the sentiments of anonymous stock discussion board posters.
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