News Focus
News Focus
icon url

Penny_4UR_Stocks

02/23/04 8:52 AM

#47650 RE: commoname #47649

COMMONAME. I have seen very little information regarding the fundamentals of FTL; so don't have an educated guess to share. I think that the current number of shares were mentioned in a previous PR, but who is to say what could happpen to the share base pre-spin off? Is FTL a shell or is there any revenue? Maybe someone on the board has info on the fundamentals? On the issue of FTL, this is a great "bonus". How many OTC companies dividend anything?!! I'll be happy with whatever we get!


icon url

thinkerman

02/23/04 3:21 PM

#47698 RE: commoname #47649

CN: Check my post on 2-20-04 # 47693

The ThinkerMan

Posted by: thinkerman
In reply to: None Date:2/20/2004 2:13:39 PM
Post #of 47693


If the market is efficient and FTL spinoff is the reason for the selloff than it stands to reason that if the 9-1 ratio between FTL and HRCT is reasonable. All you have to do is multiply that number by the share price drop .045 times 9= $.405 per share for FTL
sounds good to me friends!

The ThinkerMan :0) :0) :0)

1. THE FIGUARE .045 WAS THE SHARE PRICE DROP.
2. 9-1 ratio Hrct float> 145,000,000FTL> 17,000,000 float appox.