Replies to post #5353 on Foothills Exploration Inc (FTXP)

[Takeiteasy7]

My thoughts exactly. The January P/R was exciting news about their 375 millions reserves and looking into non diluting financial options to access their reserves. Dilution with this pps would never get them to 11 millions they needed anyway. But BBG enters the picture. With Covid-19 everything got delayed (one 8k was talking about it preventing them to work with people in Asia and that was confusing to me, now I understand), and their notes forced them to dilute. Will BBG be able to provide what they need to access ftxp reserves? Not sure and the future will tell. The news about the AS increase is scary and I think they will need it to satisfy their coming due notes, but there certainty is potential for a big run here this month and make beautiful profits. I'm holding my 18M position