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.