FrankSpeech Network Inc (FSBN)

[crashtheline]

Hey everyone, Hope you had a good day, lol.

I’d like to start off by saying this are my thoughts and opinions.
DO NOT BUY OR SELL BASED ON MY, OR ANYONE ELSES, WORDS.

Well today we found out a couple things we wanted to know.

We now know the CFO didn’t buy his shares, so that ends the whole “he’s the cfo he must know something if he buys 5 million shares” theory. That was his pay. And he will be receiving 3 more batches of 5Mill in the next 3 quarter ends.

We are still in debt, but if you look at the 10k we decreased debt by 5 million dollars from 9 million. They reported a 56% decrease in Net loss, However they still expect this recurring loss to last for the next 6-8 months.

Our cash is greatly improved from 63, 295 to 5,902,394. But I think this is because of the financing.

Ok so some bad stuff was also included.

The shares nearly tripled and are now stated at 3,291,733,490. To be honest I expected 3 Billion shares to be outstanding. I don’t see this as a MASSIVE problem, but it will for sure hamper our runs. We can kiss the dreams of 0.25 away on a great PR.

Also this little quote is unsettling; the number of issuable shares is essentially limitless.” This comes with the responsibility of issuing shares for a loan rather than paying it all off for extended months.

So in the end it was pretty sore to read and a lot of people panicked at the site of not seeing the huge sub increase we all expected. The subs are now at an average monthly customer base of 6000 and last report was 3000 so yes they weren’t lying when they said there was a 110% increase.

Also I think everyone is putting to much thought into the CC part of this 10-K. It includes saying we have 27 pilot stores, so this is the first real word from corporate about the added pilot stores. It is talking about the pilot program so I am not worried about this statement that everyone was scared about “ends March 2006” because that is only the pilot program that ends then. My point is further backed up by “extending the pilot program until March 15, 2006” in a later sentence.

So I think what happened is the company released this report early so they can now start to build up the PPS and not see it go up and down up and down. Probably why they released bad news with good news PRs….to avoid MAJOR fluctuations in the PPS.

I expect to end the week higher than we began because we have a major worry (outstanding share count) out of a lot of investor’s minds. I can now look forward to hearing of the new Distribution centre they stated they are going to open, the rumour still about the AAFES deal, and of course the CC deal.

IMO there is no more bad news for a while and the road ahead looks good for some nice PR’s to work the price up.

I would like to add however that I will be selling earlier than I ever wanted, but I will not sell for a loss. If I do sell my shares I will be looking to reinvest in the future, but based on a few personal goals I want to see completed before spending my money again.


I’d like to finish off by saying these are my thoughts and opinions.
DO NOT BUY OR SELL BASED ON MY, OR ANYONE ELSES, WORDS.

Cheers,

Crash