OTCQB:FGPHF - Post by User
Post by
namesteveon Dec 10, 2015 6:25pm
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Post# 24375003
speculate on revenue
speculate on revenue
The annual year end report should be released next month . I am interested to see what sales revenue was for the year . Revenue of any respectable amount for this year during start up should prove up market value . Current Market Cap with share price at .05 is 7.7 Million .
Institutional fund managers and companies seeking mergers and aquisitions are prudent and usually require a track record of revenue or even growing revenues before buying . Speculators may risk getting an early position before a company has proven itself .
Tembo Capital Mining bought in Oct 2014 and continue to hold on . Peter Ruxton got a position of non-executive director Jul 2015 . Recent financing have resulted in many share options out and those that have provided the financing may eventually look to sell some of the shares and hold the options . Future financing may be required , amount would vary depending on how much revenue Dusolo can generate and on their future operational plans .
Shareholders will do well with news of company making a few miilion dollars in revenue
this year , because this was just the start up year , and this year was difficult for all companies in this sector . Looking forward to 2016 I expect a full year of production and increased revenue growth .
- the wolf has stong hands - rgds steve