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confuciussay

07/17/14 9:42 AM

#51189 RE: Millenium323 #51188

AGREED with every word in your post. I just hope someone under the captain reads it, gets it and does something about it.

They wouldn't have to dilute at this rate if the Captain would have been more proactive in supporting the share price. When notes are converted down at this price level and market cap level the dilution is accelerated. The Captain should have been done more to support the share price, so this rate of dilution wouldn't be happening.

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gaboy47

07/17/14 11:54 AM

#51197 RE: Millenium323 #51188

I don't like dilution either but they need capital to run a business.

To be honest 152 million shares outstanding is relatively for a sub-penny stock. I know a few that have 2 - 4 billion shares outstanding. Once they have a viable product and are able to provide a steady revenue stream then they can do stuff to reduce the share structure and makew FPFI, more attractive to investors.

I have a challenge for anyone on this board. Rather than complaining about how Kevin is diluting, which at this stage of the plan, he has no choice, tell us your suggestions to raise capital without dilution.

I would love to hear any suggestions!
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J555P

07/17/14 1:19 PM

#51201 RE: Millenium323 #51188

Remember, Quirk, Martin, Canouse and Hutcherson they all have their paycheck on time, they never lose any money no matter what the PPS is …who give the $*&t about investors!

Add to this Hellwig for 9 months in 2013 plus whole 2012 – for this year he was compensated 2,650,000 dollars (all info in last 10-K)

FPFI dilutes/converts and it is all toxic, and when investors will stop supporting them here, they will jump to another penny crap, just to have their paycheck.

Many people don’t understand how it works. In FPFI’s case investors are paying for everything (EVERYTHING!!! 100%) because they have no product/revenue for last 18 months. Those guys make at least $150,000 a year each (four of them = $600,000+) but that’s nothing compared to millions of dollars diluted since Quirk took over …where is that millions of dollars diluted in last 18 months?????????????????