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10 bagger

06/18/10 10:47 AM

#6180 RE: mc67 #6178

FTER..

The tone is a fact.. FTER is selling stock to make small purchases or additions to it's facilities.. Once FTER is able to do the same from cash flow and not by the issuance of shares FTER will add it the EPS.. much quicker.. The purchases made by the issuance of stock for proceeds has yet indicate or be shown that it to be accretive in earnings.. I would assume on a cash flow basis that it is acreetive but have no knowledge of that fact so it is IMO.... The Overhang possibilities of stock for past past wages and coversion of debt is more of a concern.. Management has indicated that this will never be the case but if they removed the conversion features then It would never happen.. My reason for purchase is simple,, FTER has earnings and is the last hope of it's president to make back the fortune he lost in last position in Wall Street.. I think he is a survivor but also believe that the possibiliy of conversion from debt to stock is a possibility as long as it is avil. to any debt holder.. As to the number of boards,, I also own PRARS.com where we not only represent 2200 + companys,, three major exchanges located in NY and have a staff looking for ideas to invest in for corporate,, personal and market making opportunities.. hank