Value Microcaps Free-For-All

[JustForFun7]

PFNH Cannonball

The company has cash problems (like any emerging company). They say they need about 10 million for a year but have little to no cash. Last October they expected sales of 8 million over the next 12 months. We're almost at that 12 month mark and they sales have not materialized.

Expect some major efforts to raise money in the near future if they truely do get to ramp up sales. They have a chance but having never turned a profit, they still have lots to prove.
The convertible debt they have and the 8 million in warrants are also significant issues to look at.

JFF7