GREY:FEBTF - Post by User
Comment by
eunice12on Nov 12, 2010 11:47am
102 Views
Post# 17698579
RE: RE: Functional Tech - PRESENTATION
RE: RE: Functional Tech - PRESENTATION"The company has totally neglected all PR so it is good to hear that they are trying to do some PR"
Not really. More like you just didn't get your wish of the world beating a path to the stock despite no contracts.
Scott is one of the respected pr guys in the business based on his track record of winners. (At least he had a good record 1.5 years ago when I got into one of his promo stocks.) I got into his BXI late at $.52 (could have had $.20 if I had heard of it 6 months before.) It is $2.50 and the target is $30 after 4 more plants are done in 4 years. If most of his companies are solid, he has a large potential trap line of followers.
The problem with FEB is the pr miracle you want so badly needs contracts to capture people to invest, which have taken a lot longer than everyone had hoped. That is the end of the pr story; you can't force the world to take their eyes off their own dreams in favour of yours until you get something you can take to your big clients, and perhaps in this case it is a contract.
(I have a company with a $12M market cap and the only solution to 3 multi-billion $ market problems, one of which kills 99,000 people per year, but until the contracts appear no investor is interested. The product can already save the 99,000 lives and it is approved by Health Canada but a multi-year time consuming cost benefit data study is needed before hospitals will buy it. Sorry for the long example, but you can see there are alternatives to FEB and many people will not take that leap of faith after all these years of not landing a contract.)
Wishing the paint to dry does not help, so until a contract appears stop blaming "poor pr". The world is full of cheap companies that will skyrocket in value who already have some contracts, so trying to jump the queue without even a contract is not going to happen unless the right guy who likes the risk comes along. Just because you liked the story does not apply to everyone.