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MoneyMan

04/30/12 5:27 PM

#8197 RE: bud_foxx #8196

I am with you on some of that. It would have been nice to wipe some of those related party payables with some shares, not just to Norm and Graham.

It does mean Norm officially has interest in this. Before he had his million of shares, for all we know the whole "Norm's gonna do something with FRMC" could have been abandoned a year ago.

I see them doing almost exactly what Valpo did, hopefully with a faster time frame and an immediate acquisition.

Hungry

05/01/12 12:04 AM

#8200 RE: bud_foxx #8196

"i do not even care or think Norm will do anything"
Seriously?
He was just given 20,000,000 shares and he will let them become worthless?

konantroutman

05/01/12 12:25 AM

#8201 RE: bud_foxx #8196

Maybe I am crazy but I think we still have a ten bagger here. I can certainly understand the frustration with the timelines and the lack of volume. At the same time we have a very stable bottom here, with a great group of patient shareholders.

This one is all up to Norm and if you have been paying attention he has a lot going on with many different successful and several yet to be proven oil companies. None of which have been a "SCAM" or a complete failure. Some have not moved, including this one, but none have failed or been suspended or been a complete bust.

I believe we still have a while to wait and I for one am willing to do so. I will continue to buy if someone decides to sell anywhere close to where today's bid was.

Good luck to you, whatever you decide to do.

rainbow898

05/01/12 6:10 AM

#8202 RE: bud_foxx #8196

Float increased by 17.9 Mil in 1 year but there hasn't been any volume to suggest selling so those shares may just became unrestricted as part of increased float. Yes, it has been a long 1.5+ years wait for something to happen with FRMC. There may be more update/filing very soon.