BlockQuarry Corp (BLQC)

[Psychic Bull]

I believe news is coming soon. But I wouldn't chear about it. I am expecting and preparing for fima to announce a reverse split in the next few weeks to a month. This split will have to be at least 100:1 or greater.
Why do I believe such a thing? Fima is a company whose previous projects were all unsuccessful, FIMA is therefore starting from scratch. Before the American Eagle merger, there were no assets or revenues, the company is worthless. American Eagle on the other hand has some sort of revenue and assets which FIMA has valued at $3.5 million dollars which is to be given to American Eagle holders in the form of pure FIMA stock. FIMA's market cap is currently under a $million, but has consistently traded with a market cap of only a couple hundreds of thousands. Since the remaining shares for sale are low, there would have to be an extreme change in the stock price and outstanding shares to accomodate this deal.

I believe that this will be done by first engaging in a very savage reverse split which I believe should be over 100:1. Once the numbers of shares are greatly reduced, this stock will inevitably crash as a result of this split and shares will be purchased by Chavez for next to nothing. Once maximum dilution has occured, and once all investors are wiped out, Chavez will cancel the majority, if not all, of his holding in FIMA (likely at least 3/4 of the remaining shares).

Once all of this has occurred, FIMA will have few shares outstanding, and a large number of shares for sale. The American Eagle deal will then be finished.

As for people waiting for this $9 million deal; I think you guys are way ahead of yourselves; the American Eagle deal stock merger has not even taken place yet.