Chas1, How could you misunderstood my post like that ?
I was responding to the idea that the notes have been converted AND the subsequent selling IS over. Which the last 2 days would solidly have confirmed !!!
So IF you read my observation as a pure (my) truth (IMO) WITHOUT thinking that I am being "sarcastic" (which I was NOT) THEN you get my observation ( my insight of a coming possibility ).
The company I mentioned, Sharky moderated, and when you look at its chart, it trippled TWICE and THEN looked for its new level ....... ( with a Run-away Gap still in place !!! ) currently has a market cap of $11 mill with not much in CURRENT revenue (only in its "Intellectual Value").
FLPC, DOES HAVE the stuff IN the ground = easy to raise capital against, IMHO = hence a first draw of $500K
and BTW, I don't like Daniel Boon. His image of wearing skin of DEAD animals is repulsive, his posts pointing out "Legally required, Safe Harbor" statements in the filings are meaningless, and he really does not have a clue how a mid to large business operates :
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