Futuris Company (FTRS)

[koonohiokala]

IMO, If the value (after potential liquidation) of the assets reported is true, then the company is technically undervalued at .01/share, even with 0 revenues. Anyway, the company definitely needs audited financials/pr's for 2011 and 2012 before any value assessment of the company can be made based on the company's assets. Come what may. audited financials is always a good first step towards being serious and cleaning up the company objective, performance, records, etc., and for moving up the pink sheets trading tier.

Also, I'd love to know what happened to the company's "proprietary technology" that they at one time valued at over a $million... I haven't heard a word about what happened to it since their last CEO left the company.