Firemans Contractors, Inc. (FRCN)

[DarkLady]

I found the latest Q. It is of course unaudited. It doesn't look good.
Their total assets have declined to 229,662 from 353,846. Total liabilities have increased to 1.019,062 from 617,376. Revenues for the latest quarter have declined 28,353. For the latest nine months they have went up slightly, 22,325. Net loss for the latest quarter is 243,643. Net loss for the latest nine months is 707,775. They are showing common at 80m, as of 3/31/12. Of course we know it has doubled, I wonder why??? It gets worse. Cash flows from operating activities is <707,775>. So my analysis is they desperately need money. They see an easy way to get it. Pump the stock and sell all they can. The question is will they stop before we go triple zero? We have to ask, what are all the logos shown on the web site. If they had half of them as customers, wouldn't they have substantial revenues? Help me out, educate those of us that don't see the "big picture".