6.3 million shares now. Another 150,000 filled. Only 41,000 shares remained unfilled on the bid I raised some weeks ago to a 1-million dollar order at the high price of .0041. Disaster! That means I'm valued at a little over $25,000. My avg. cost according to my broker is .006 with a paper loss showing over $11000. Disaster!
Buy 150000 FNQQF Executed @ $0.0041Nov 29, 2022 10:57 AM ET
Buy 250000 FNQQF Executed @ $0.0041Nov 29, 2022 9:36 AM ET
Buy 500000 FNQQF Executed @ $0.0041Nov 29, 2022 9:36 AM ET
If this was a 5 cent stock, I could be worth $300,000. IFFF it was just 1 penny, setting my sights low here, I'd be worth over $60k. And I constantly ask myself, why don't they hire a PROFESSIONAL stock promoter -- no a team of professionals that can get the stock to .20? Am I the only one that likes money around here? These guys are soo annoying. No wonder Cheryl left us. I wonder if they asked her to pay for her loyalty the way I do.
So I'm going to revisit and look for some silver linings:
1. As the Company starts the process of issuing offerings on the platform and on-boarding investors, the Company will continue to incur operating losses. The Company expects that losses will continue in the short term whilst the business ramps up.
MY THOUGHTS: That implies the company wants to actually onboard investors and make money? That remains to be seen. I would actually like that. Could we get a business model that makes projections of a few billion and give it to PROFESSIONALS? Like, the mafia? I dn't understand why criminal enterprises are the only ones that work hard on promotion. Nice guys finish last? Is the moral of this story? Jesus Christ!
2. On October 12, 2022, the company announced the second tranche (the “Second Tranche”) of its non-brokered private placement (the “Offering”), for a cumulative raise of C$4,546,224, with participation by the Wavemaker Genesis Master Fund Ltd. Investors include the Wavemaker Genesis Master Fund Ltd, a fund managed by Wave Financial, LLC, one of the top regulated crypto asset managers worldwide, which subscribed to 15% of the second tranche. The Company has issued 420,122,400 Units to raise gross proceeds of C$4,201,224 in this tranche. Fineqia is also a minority shareholder in Wave Financial, LLC.
MY THOUGHTS: Then perhaps our balance sheet is a little less awful than the garbage we posted yesterday. I sure hope so. And I sure hope they haven't burned through all that cash too. Half of it is going to be gone by this time next year at this rate. And why can't we find people that talk?
3. The current market cap if I DOUBLE our share count rom this bid price of .004 is around $6M. I have to double it because they give us this rock bottom financing of over a billion shares. That's embarassing! And that's why I'm not participating and only buying below the investors. They shouldn't be locked up for a year, restricted! I hope they are because that's an insult. For that many shares, Michael Coletta should be talking. So, if I take $4 million cash we might have (assuming they all take a $1 salary), and add our $1.7 million investments, I'm getting close to the market cap. And this is precisely why they should all take a one-dollar per year salary. That would be honor and a show of faith. Let their stock be their carrot. That's the only way I get paid, so they shouldn't get paid until investors get paid. I can't even put a silver lining on this part. Scratch that from the record.
4. Okay, so I found only two silver linings. Do anybody see other silver lining I may be missing?
SHAREHOLDER PROPOSAL: Perhaps we shoud take it upon ourselves to hire professionals if they can't and/or refuse to do so. Does anybody know a good stock promoter? One that actually WORKS? One that posts articles on Seeking Alpha with a single focus and will devote their time and attention to us daily? And one that doesn't get paid unless WE get paid?