What's the catalyst Fobi needs to see share appreciation?Been accumulating for awhile now and i'm in for an average of about 13 cents. Anytime we have a decent day of 20% gains that's quickly been given back and then continues to drop lower.
I see news releases come at a solid pace but nothing seems to grab market attention.
Is this simply the fair valuation right now? or is this criminally undervalued based on potential etc?
I see they have no debt and multiple revenue streams etc so that's positive. The share count is a bit high and they recently did a private placement at .20 cents didn't they with warrants at a strike price quite a bit higher, i can't remember the exact number.
Either way.. what kind of news from this company will get the market to take notice and create some positive momentum for FOBI?
it's been a long time!