Firan Technology Group Corp T.FTG

Q 1 call

[Possibleidiot01]

I've taken my time to see if anybodyelse would comment and to buy more.
Management was much mor econfident than a year ago when they hit a brick wall. Started by saying operational challenges were over ; in chatsworth at one time between Covid and self isolating - 50% of employees were missing. See the commercial business on a 2 to 3 year recovery.
Mentioned $51.4 million inliquidity.
Downward trend ended. Incresed confidence.
New avionics contract development costs funded by customer - potentially $2 million a year.
Also potential reshoring ( seems to be a real theme) of business with  2 old customers to Toronto
.Positive call ; unfortunately forgot the AGM being an idiot.
GLTA

[Charley33]

I agree with you, I think this was the worst quarter before we can reverse the trend. The volume has been very thin following the results and the dreaded resistance around 2.30$ has been tested for a fourth time since april 2020. Looking at the lvl2, it would not take much to make this thing go much higher. There are so very few shares floating available, it makes it very hard for a bigger player