FRMA is a strange animal.
$4.4 million in assets, $8.2 million in debt?!?! definitely not a shell like LLBO, KATX, KAST
only 61 million shares in the float?!?!
Filed a Form 15 on Sept. 16th to terminate registration and go to OTCBB.... causing PPS to tank on low volume.... then a week later publishes financials on OTCIQ?!?!
Not sure how that all worked, but FRMA and LLBO/KATX/KAST are night-and-day different.
A good prognosticator for LLBO might be KAST: 16 cents in June when Acropolis took over, languished to a dime, couldn't get higher than 14 cents when it changed to Pink Current in mid August, peaking at 16 cents... Had an unexplained spike to 42 cents on Sept. 10th, fell back to 16 cents ten days later... today it's about 16 cents. KAST is just a shell waiting for a merger.
And KATX is still "Expert Market" 10 days after the Form 10 was filed with the SEC. Wonder how long that's going to take.
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