FPL 8.33% 0.7¢ fremont petroleum corporation limited

Ann: Corporate Update, page-19

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  1. 15,774 Posts.
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    Klue
    Yes funny isn't it. How on earth can you determine what the increase will be before you do the work over and why on earth if this was true wasn't it done a few months ago.
    Today's announcement is an attempt to provide some reason someone should invest in the CR. They are telling you , give us some more money and given that we are going to be cash flow positive soon ( lol ) we are not going to use the money to keep the company afloat and pay salaries .
    Just when the money has run out they have gas discussions with numerous parties ( once sec - didn't they have a customer a year ago ) - a 40% estimated increase from - 35k spend ( lol again ) and they are implementing austerity measures after having gobbled up a few million on salaries over the last few years . The amazing part is some people still consume this crud and have bought at .7c even after they are telling us a highly dilutive CR is around the corner
    These guys should use their creative writing to write a children's book , sure to be a best seller
 
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