OTCPK:FRSAF - Post by User
Post by
harry_reeleon Jun 06, 2011 9:51am
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Post# 18674816
FAU is swamped with cheap warrants
FAU is swamped with cheap warrants
There was a time in the not too distant past when all this company did was cheap financings month after month for close to a year. Those exercised options and cheap warrants in the .30 and .40 cent range into the multi mega millions, over half the os are free floating and have been consistently holding the share price in check here and will continue to do so for many months to come .
The sp can only spin its wheels in them as a result until we are back to .43 cents in a heartbeat again.