He's showing his sales activity. Maybe the handle "the honest CEO" is actually appropriate for FNHI. A snippet from an e-mail response I received from Rossi is worth re-reading. Earnings may indeed surprise.
"We had booked hundreds of thousands of dollars in purchase orders from Canadian customers and by the time we were able to invoice them and receive payment (IN CAD), the Canadian dollar had dropped significantly which resulted in a drop in profit margins. We have implemented steps to avoid that from happening again. Also, at that time we had only been in business for about two years. A little grace would be greatly appreciated."
Traders come and traders go. Hopefully they're all making some money when they exit FNHI. My hunch is this stock will indeed trade to the .20 - .30 area in short order after the financials are released. Patience, which is a dirty word to most trader, may pay off handsomely for those who are smart about this position.
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