FOOD for thought....... A good buddy told me lately that quote.....................
"There are hree types of investors
Institutional
Retail
Fairytale..lot's of those here
Some can't even do Grade 1 math
If you buy at 29 cents, up 200% is $0.87
With FMS trading at $0.53...that's only a 83% increase
What a fairytale, boasting about being up 200% when it's only 83%...but if you "believe in FMS" , simple math can be very confusing.
If the boiler room pumpers here own FMS shares and can read, they should of gotten the FMS Notice of AGM info.
Where it states on Pg 4...where Gary Economo is running for election to Board of Directors, " Number of shares Controlled". 0
As in ZERO...if he can't vote for himself, why should other shareholder? I've marked my vote X WITHHOLD
Over on pg 7 where it states "The Corporation ......will not be generating significant revenues from operations for a significant period of time
At least someone at FMS takes the OSC seriously enough to provide proper guidance when it's time for shareholders to vote. Thanks to the OSC, shareholders get to see where our cash is going and how it's being wasted on ginormous salaries and bonuses.
Year ago SP was 60 cents, today it's 53 cents. Did FMS management create any shareholder wealth over the past year? Worth $1m/yr or $1 a year?" End of quote........