Brother Tommy at FNR.V has a pretty slick operation going on. At least as far as creating wealth for him and those in his circle. Some might argue that he is better at mining the shareholders than his brother Ken. Utilize a shell company to make an incredible living!!!
During the last fiscal year, Tommy "earned" OVER 1.3 Million dollars! Compare that too Ken's measly 700000+ "earnings" and one can see one reason why Ken would never reduce his take. LOL.
One area where Ken has him beat is with regard to options. Tommy hasn't got any whereas our genius leader has more than enough. 1.5 I believe.
So in the end, no matter what happens these two brothers will walk away VERY wealthy. The shareholders who took a chance on them...well for most of them they will never break even. Brand new investors and those with the foresight to trade out and wait....well they likely will see a positive return in the long run.
One more interesting fact: Tommy is selling Kenny's SGF....even at these levels....even as the EIS nears completion. He's under his own pressures as we all know, but he is not selling everything in his portfolio! Maybe he's just trimming the duds?!!!
I for one will be watching the institutions and watching Tommy Boy. When/if they ever begin to re-accumulate then and only then IMO would I be a buyer of our little flower's paper.
GLTA
Pickinbottles