FEC Resources Inc. (FECOF)

[styl]

brainstorming:


In looking through the debate of the un convention of the sea and so forth................Ive read thru some articles...not the majority but still some..........that say the favorable outcome to the philipines is not certain as the law hasnt been fully ratified .......regardless of the fact that it cant really be enforced by the un itslef anyway.

The UNIQUE thing is...........that maybe we should be wishing that it finds in favor of china in the outcome of it being shared...............

would that outcome be more favorable to fep.l / fecof investors??

in a weird way I think so............ they would then finally agree to get this done together and share the royalties which is no skin off my back as an investor.

if they find in favor of the philipines it might still get done just maybe many years later ...IF they get Naval support from UN members....etc...

will we have expired by then?? not just the license but the company itself burning cash to pay its boardmembers who dont even show up to work.......will we be diluted to sh*t by then? fep.l will still produce cash from galoc.........but fecof is a holding company....they would have to borrow cash from EQUITY if they can prove there is Equity enough to borrow against. They might do something stupid like give up some shares of fep.l to stay afloat with cash infusions................for how long will pxmff cut fecof a blank check before they call it all in and rape the fecof investors?

just food for thought.......sometimes the outcome/road you are wishing for is not the best or quickest road taken.

in the small chance that they rule in chinas favor completely.........then we will be screwed, totally.