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I Like Bottom Fishing

10/30/11 7:27 AM

#492631 RE: I Like Bottom Fishing #492503

***American Bulls FLRE Confirmed Buy***
http://www.americanbulls.com/StockPage.asp?CompanyTicker=FLRE&MarketTicker=OTC&TYP=S

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=8g%252bpATL8NNWwaDpabE0WyQ%253d%253d&nt7=0

http://www.sec.gov/cgi-bin/browse-edgar?company=&match=&CIK=0001472147&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany




FLRE CHART 0.0110
http://www.flameret.com/media.htm
http://www.buyins.net/
http://www.americanbulls.com/StockPage.asp?CompanyTicker=FLRE&MarketTicker=OTC&TYP=S
http://www.stockta.com/cgi-bin/analysis.pl?symb=FLRE&num1=3&cobrand=&mode=stock
http://www.knobias.com/individual/public/quote.htm?ticker=FLRE
http://www.otcmarkets.com/stock/FLRE/company-info
*Share Structure*
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=8g%252bpATL8NNWwaDpabE0WyQ%253d%253d
http://otcpennystocknews.blogspot.com/2011/10/microcap-company-sees-massive-increase.html
http://regsho.finra.org/regsho-Index.html
http://www.insidestocks.com/quote.asp?sym=FLRE
http://www.barchart.com/quotes/stocks/FLRE


















*****FLRT CHART WEEKLY*****



http://www.americanbulls.com/StockPage.asp?CompanyTicker=FLRE&MarketTicker=OTC&TYP=S

Microcap Company Sees Massive Increase to Revenue Projections
Monday, 24 October 2011
http://otcpennystocknews.blogspot.com/2011/10/microcap-company-sees-massive-increase.html
Microcap Company Sees Massive Increase to Revenue Projections
LAS VEGAS, Oct. 24, 2011 - Flameret, Inc. (OTCBB:FLRE), a developer of fire retardant products to suit a wide range of applications, announced on October 20th that it Significantly Upgraded Its 2012 Revenue Estimates Based on Strong Interest From Licensing Partners and Distributors in North America. The company projects $45 million in revenue for the next year.
Gross margins will be 60%, and administrative costs will be minimal as there are only 5 employees in the company, including the CEO. The company has been able to operate very lean as they have outsourced the manufacturing and distribution of their various fire retardant brands to Seatex Ltd., a leading manufacturer and provider of chemicals and chemical compounds and Universal, a company that provides quality services to the Marine and Cruise industry, respectively. Outsourcing the making and distribution of the products to these two mature companies with great economies of scale enables them to bypass the high fixed cost barriers to entry which has prevented other small players from entering into the fire-retardant industry. The 5-person management team is able to focus its energy on signing more revenue-generating contracts for their patent-protected products.
Valuation of the Company
A 60% gross margin on $45 million of sales leads to a $27 million in gross profit for 2012. Even if management was generously compensated $500,000 per year per person, that would lead to just a $2.5 million expense. Assuming other miscellaneous expenses of $2 million and an effective tax rates on profits of 25%, the company can expect to bring in $16.9 million of post-tax net income for 2012.
The company has 363.29 million shares outstanding. Their EPS will be 4.65 cents a share. Using a conservative Price to Earnings ratio of 15 for such a tremendous growth company would still imply a 70 cent stock price. Using a P/E of 30, a multiple more in line with a growth company such as Flameret, would see a stock price of $1.40 on FLRE.
Why does the stock sell for less than 1 cent?
It is not often that you find a stock that can gain nearly 10000% in a year but Flameret has that potential as it closed at 0.74 of a cent today. The volume has gone through the roof as over 97 million shares have traded this month, including over 91 million shares in just the last 6 trading days. But during that time the stock price has sunk from 10 cents at the end of September to where it is now.
The main culprit is naked short sellers. For the 14 trading days, FLRE has made the NASDAQ threshold on failed-to-delivers due to unscrupulous short selling on the stock. Ignoring the ETFs, the stocks that have spent more than 20 days on that list are AUNFF, HRBN, PLZLY, TZOO and YRCW. All except PLZLY experienced significant short squeezes and that one has made a steady move up from its September low. Due to the sheer volume on FLRE, expect a short squeeze of massive proportions, likely greater than the one on YRCW when it moved from 3 cents to 8 in three days at the start of the month. FLRE's percentage spike in volume has been much greater than YRCW's of 6 weeks ago and FLRE has a much smaller share float and profitable business projections next year.
Some have claimed an issue with stock promotion of FLRE paid by an unnamed party this month. Whoever paid it did not get their money's worth but speculation is that it has been former debtholders who were issued 36 million shares on November 9th, 2010 in exchange for their $540,000 in debt. While promoting the stock they decided to dump their shares, hiding their transaction within the high volume. Unfortunately for them, short sellers picked up on their activities and drove down the price below the 1.5 cent breakeven target. What is a loss for them can quickly turn into a gain for value investors who are willing to buy and wait while the company pulls in revenue figures worth many times the market cap in the next year.
http://otcpennystocknews.blogspot.com/2011/10/microcap-company-sees-massive-increase.html

Nevada Secretary of State FLAMERET, INC. Share Structure Business Entity Information
Page 1
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=8g%252bpATL8NNWwaDpabE0WyQ%253d%253d&nt7=0
FLAMERET, INC.
Business Entity Information
Status: Default File Date: 8/13/2009
Type: Domestic Corporation Entity Number: E0435282009-0
Qualifying State: NV List of Officers Due: 8/31/2011
Managed By: Expiration Date:
NV Business ID: NV20091134270 Business License Exp: 8/31/2011
Registered Agent Information
Name: PARACORP INCORPORATED Address 1: 318 N CARSON ST #208
Address 2: City: CARSON CITY
State: NV Zip Code: 89701
Phone: Fax:
Mailing Address 1: Mailing Address 2:
Mailing City: Mailing State: NV
Mailing Zip Code:
Agent Type: Commercial Registered Agent - Corporation
Jurisdiction: NEVADA Status: Active
View all business entities under this registered agent

Financial Information
No Par Share Count: 0 Capital Amount: $ 100,000.00
Par Share Count: 90,000,000.00 Par Share Value: $ 0.001
Par Share Count: 10,000,000.00 Par Share Value: $ 0.001
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=8g%252bpATL8NNWwaDpabE0WyQ%253d%253d
Officers Include Inactive Officers
Director - MICHAEL J O'DRISCOLL
Address 1: 15 WILMAN DRIVE Address 2:
City: TUNBRIDGEWELLS KENT State:
Zip Code: TN2 5LO Country: UK
Status: Active Email:
Treasurer - CHRISTOPHER R GLOVER
Address 1: BROOKLANDS ST MARKS ROAD Address 2:
City: TUNBRIDGEWELLS KENT State:
Zip Code: TN2 5LO Country: UK
Status: Active Email:
Secretary - CHRISTOPHER R GLOVER
Address 1: BROOKLANDS ST MARKS ROAD Address 2:
City: TUNBRIDGEWELLS KENT State:
Zip Code: TN2 5LO Country: UK
Status: Active Email:
President - CHRISTOHER R GLOVER
Address 1: BROOKLANDS ST. MARKS ROAD Address 2:
City: TUNBRIDGEWELLS KENT State:
Zip Code: TN2 5LO Country: UK
Status: Active Email:
Page 1
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Actions\Amendments
Click here to view 3 actions\amendments associated with this company
Page 2
Entity Actions for "FLAMERET, INC."
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1 - 3 of 3 actions
Actions\Amendments
Action Type: Annual List
Document Number: 20100848645-88 # of Pages: 1
File Date: 11/11/2010 Effective Date:
(No notes for this action)
Action Type: Initial List
Document Number: 20100501521-57 # of Pages: 1
File Date: 7/08/2010 Effective Date:
(No notes for this action)
Action Type: Articles of Incorporation
Document Number: 20090615139-96 # of Pages: 1
File Date: 8/13/2009 Effective Date:
Initial Stock Value: Par Value Shares: 90,000,000 Value: $ 0.001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 100,000.00
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=8g%252bpATL8NNWwaDpabE0WyQ%253d%253d
Return to Entity Details for "FLAMERET, INC."
Page 2
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=8g%252bpATL8NNWwaDpabE0WyQ%253d%253d&CorpName=FLAMERET%2c+INC.