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BayAreaInvestor

11/13/07 11:52 AM

#946 RE: The Rainmaker #945

I would like to see an end of the day run. Still anticipating tomorrow. Lot of Longs here.
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The Rainmaker

11/13/07 12:02 PM

#947 RE: The Rainmaker #945

What would it take for FFBU to go to $1.00, one scenario

Someone asked me if I thought this could go to $1.00. If this happens we could.

Paulson owns 15 million out of 24 million shares, roughly 51% of FFBU. In their filings it says Belmont is purchasing a controlling interest for $500,000. If Belmont purchases Paulsons 15 million shares for the 500k plus some voting rights only preferred shares that would be a controlling interest. Then Belmont let's say sells their controlling block to a chinese company for let's say 1.5 million dollars. We would still have only 24 million shares OS, with a decent Chinese company we could have a market cap of 24 million easy probably higher.

So the answer to can we go to $1.00 is yes if the above scenario happens. Plus, with Belmonts china connection and the wording in the filings this scenario could happen imho.