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Re: Fido post# 2968

Wednesday, 06/27/2012 1:38:17 PM

Wednesday, June 27, 2012 1:38:17 PM

Post# of 12606
Fido, you're absolutely correct, maintaining regulatory filings are part of the business plans, a very large part, and FSP has dropped the ball performing on this part of the plan. I would have thought they would have better control over their operation by now, they still have a long way to go in their business plan to be able to say they deserve to be a publicly traded company.

Most people don't understand that operating a business is much more involved than, having a product/service and selling that product/service. Your business plan includes virtually hundreds of processes, procedures, operations, rules, regulations, restrictions, reports, warranties, standards, principals and financials which all have to be addressed and completed on a regular basis. FSP will eventually accomplish their business plan but, with their past track record and current issues and problems, I fear it's going to be a lot longer than most of are willing to wait before they are truly viable and start to worry about the 3rd leg of the business, the "Shareholder".

Any posted comments are my opinions only

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