I don't want to sound like a square here, but what's the deal...

I don't want to sound like a square here, but what's the deal Hudson:

a) you're first class analytical skills have uncovered some potential upside from operating activites (I say first class because there's not alot of news out there on FUT).

b) your posts are throw away 'jokes', never intended to represent reality, more to bait and entertain other posters.

d) you are trying half heartedly to promote the stock so you can turn a buck. This would most likely not be entirely safe in ASIC's eyes.

c) you were having a beer at the pub on Sunday arvo and two guys over your shoulder were discussing the structure and operations of FUT and you like what you heard about an upcoming 'pump'.

There's a difference between Mosaic theory and insider trading, so unsubstantiated 'rumours' shouldn't land you on the wrong side of ASIC. But on the other hand, I think it's illegal to participate in dubious promotion of investment products and services.

Internet posts live on eternally in cyber space and will most likely be eternally available to regulatory bodies.

I hope you're right Hudson.

From the annual report

"Loan to Subsidiary ? Otis Energy Inc. $4,776,056
The Board assessed the net assets of Otis Energy Inc as $3,525,042 and agreed to recognise a provision for
non-recovery of the intercompany loan of $1,251,014 in the books of the parent entity."

Does this mean that FUT can do a capital raising in Australia, loan the money to another entity - that entity p***es it up against the wall, then FUT writes a provision on their books for a dud loan? I wonder what Otis spent the money on?