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Alias Born 08/27/2000

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Wednesday, 04/25/2001 7:31:49 PM

Wednesday, April 25, 2001 7:31:49 PM

Post# of 122
I see tonight that FBNI gets the E tomorrow.

Too bad I have been accumulating this under .006 and now its .0047.

I am holding and may even buy more if it drops much more. Yes its has a risk of going pink in a month but it is a month away and unless this is just an out and out total scam this should run at some point.

My reason for holding is really based on 3 thoughts.

1) They have filed 18 times this year with the SEC (Mostly insider trading or dilution). To me this shows intent to keep filing as they have been staying up to date with most of these filings.

2) The late filing is a yearly which requires an audit. Hopefully this is the reason for the delay.

3) Finally, insider trading shows Howard Stern (NOT the Howard radio Stern) has been buying shares up through Mid-March. Could be a giant headfake as 10 Million shares total of FBNI is only worth around $50,000 right now, but it leads one to believe the intent is not for the price to tank.

Insider trading is found at:

http://biz.yahoo.com/t/f/fbni.html

Anyway, could blow up in my face but what the heck, that price is getting very low. But then again, on the OTCBB the lows just seem to be able to get lower.

Mack


If somethings hard to do, then its not worth doing - Homer Simpson

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