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gm99

05/18/17 9:01 AM

#1190 RE: gm99 #1189

FNBCQ: assets: $6 m, Liabilities: $65 M.

Most likely all the common shares will be Canceled by the FINRA in the coming days/weeks since FNBC has Very Negative Equity Value: mere $6M Assets v.s. $65M Giant Liabilities which means the Negative Book Value is --$3.07 a share and all the common shares are 100% Worthless now!

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12061763

Value_Investor

07/13/17 9:44 PM

#1232 RE: gm99 #1189

Another New 52-week low $0.016 ($308K Market Value) is created today! Let's see if FNBCQ will hit another New low $0.01 tomorrow... Anyway should it break down $0.01 in the next week I might liquidate all my FNBCQ shares then use all the proceeds to buy an Non-"Q" (Not Bankrupt) No-Information-Tier Non-Reporting OTC peer (AFTC) to recover all the losses here since AFTC is much much cheap with only $177K MV today. FNBCQ is still on the Fast Downward Trend v.s. AFTC is on the Upward Trend (see the charts below)!

Now FNBCQ has $385K MV (at $0.02) v.s. its Q peer (ICNVQ) has Meager $58K MV (at $0.0002) currently! In another word FNBCQ is 6.64 Times More Expensive than ICNVQ in terms of the current MV! To match the Same MV of ICNVQ at its Bottom $0.0001, FNBCQ will hit another New 52-week low $0.0015 finally!