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ratherbefishin

03/17/14 10:29 PM

#24198 RE: badge792 #24197

The longer this goes on,the less confident I am a buyout is in the works,I had hoped FQ would make a cash offer and we could all take our money,or what was left of it and move on.

But the cold hard reality is that if such a cash offer was in the works,the share price would be already signalling it,and it's not.

Anything less than a buy out will only be a continuance of what brought us to this sorry mess,failure to meet production estimates,more debt and more dilution though equity financing(a finders fee will be paid)
and only prolong the agony.In my opinion ,the only possible person who would benefit from keeping the company afloat would be Fifer maintaining his lifestyle courtesy the shareholders.

No matter how you cut it,it's not looking good,and even the pathetic pumpers look like they're finally coming to that conclusion,that is,if there are any of even THEM left