Ask the right question.... You gentlemen are looking in the wrong places for answers or conclusions.
FNI has excellent property. It's worth the price of the stock , today.
But , if I could sit in front of the 3-4 men that run FNI , and no , the ceo
truly is not one of them , I would ask one strait forward question.....
When is the reverse split going to take place?
You see, it's not a matter of if , it's a matter of when.
And as we all know , when a company like FNI splits , you don't want
to be holding shares at that moment because the odds of getting your
money back at even become 30-1 .
It's simple really ..... fni can't turn profits (Yet) , to support planned growth.
Therefore , they just keep printing shares and dilluting all investors.
Then , at some point , like most juniors , they drop the bomb ....
a 30-1 split , and they create thousands of bag holders of worthless paper.
Yes, FNI is at rock bottom and I'd buy it in a minute and if it dropped
10% , I'd sell it . But first , before you give them your money ,
find out from Davies or any of the other guys running the show on the inside
when the split is coming so you may actualy have a chance.